$YTLPOWR (6742.MY)$ It's time to get on the car, the car is about to leave

$Top Glove (BVA.SG)$
#TOPGLOV - Enterprise Tracking
I shared the information from the HARTA shareholder meeting last time, this time I'll show you the TOPGLOVE information, the meeting data from the day before yesterday.
★ Before the pandemic, EBITDA margins ranged from 12-15%, although it had been in continuous losses for several quarters, it has now recovered to 5-8% under the repair of 'price' and 'quantity'.
★ The situation in the glove industry is improving every quarter, reflected in the performance of each glove company. For reference, the total sales volume in Q3 this year has increased by as much as 46% year-on-year.
★ It is necessary to emphasize that the recovery of the glove industry is real, not a temporary rebound. Compared to the around 30% utilization rate a year ago, the current stage has risen to approximately 60%.
★ As the world's largest glove company, due to economies of scale, 'quantity' has always been a critical factor. Currently, the total capacity is 95 billion, much higher than Harta's 32 billion and Kossan's 24 billion. Due to considerably higher fixed costs compared to peers, if there is not enough demand, the pace of performance recovery will be slower.
★ Assuming glove demand maintains an 8% annual growth, the supply-demand situation is expected to reach equilibrium in 2025. As for when it will return to pre-pandemic levels, it is definitely not something for the next 2 quarters, perhaps the end of 2025 is a more realistic time frame.
After the rise of Chinese companies, the global...

$TOPGLOV (7113.MY)$
#TOPGLOV - Company Tracking
Last time I shared the information about HARTA's shareholder meeting, this time let's take a look at the TOPGLOVE's data, the materials from the meeting the day before yesterday.
★ Before the pandemic, EBITDA profit margin ranged from 12-15%, although previously it had been in consecutive losses for several quarters, now it has recovered to 5-8% under the repair of "price" and "quantity".
★ The current situation in the glove industry is improving every quarter, which is reflected in the performance of every glove company. As a reference, the total sales volume in Q3 of this year has increased by as much as 46% annually.
★ It is necessary to emphasize that the recovery of the glove industry is real and not a temporary rebound. Compared to around 30% utilization rate a year ago, it has now risen to approximately 60%.
★ As the world's largest glove company, due to economies of scale, "quantity" has always been a very key factor. Currently, the total production capacity is 95 billion, much higher than Harta's 32 billion and Kossan's 24 billion. Due to significantly higher fixed costs compared to peers, the pace of performance recovery will be slower without sufficient demand.
★ Assuming a consistent 8% annual growth in glove demand, the supply and demand situation is expected to balance by 2025. As for when it will return to pre-pandemic levels, it is definitely not a matter of the next 2 quarters, perhaps the end of 2025 is a more realistic time point.
After the rise of Chinese companies, the global glove industry...

$KOSSAN (7153.MY)$
KUALA LUMPUR: The Malaysian Rubber Council (MRC) has projected that the exports of rubber and rubber products could exceed RM30 billion by end of the year.
This was based on the performance in the first half of 2024 (1H2024).
"This strong outlook is supported by the sector's impressive 1H2024 results, which highlight the industry's resilience and ability to adapt to global market trends," MRC said today.
In 1H2024, Malaysia's exports of rubber and rubber products rebounded s...

$HARTA (5168.MY)$
KUALA LUMPUR: The Malaysian Rubber Council (MRC) has projected that the exports of rubber and rubber products could exceed RM30 billion by end of the year.
This was based on the performance in the first half of 2024 (1H2024).
"This strong outlook is supported by the sector's impressive 1H2024 results, which highlight the industry's resilience and ability to adapt to global market trends," MRC said today.
In 1H2024, Malaysia's exports of rubber and rubber products rebounded si...

$TOPGLOV (7113.MY)$
KUALA LUMPUR: The Malaysian Rubber Council (MRC) has projected that the exports of rubber and rubber products could exceed RM30 billion by end of the year.
This was based on the performance in the first half of 2024 (1H2024).
"This strong outlook is supported by the sector's impressive 1H2024 results, which highlight the industry's resilience and ability to adapt to global market trends," MRC said today.
In 1H2024, Malaysia's exports of rubber and rubber products rebounded ...

$TOPGLOV (7113.MY)$ The Fire Sword is about to fly, come in quickly.

$SUPERMX (7106.MY)$ The song praises the gloves, but your Black Panther has no momentum at all.

$TOPGLOV (7113.MY)$ 四大天王 Utilisation Rate ▶️
TOPGLOVE : 63%
HARTALEGA : 85%
KOSSAN : 70%
SUPERMX : 55%
四大天王 Exposure to US Market ▶️
TOPGLOVE : 15%
HARTALEGA : 50%
KOSSAN : 35%
SUPERMX : 28.7%

$KOSSAN (7153.MY)$ Four Heavenly Kings Utilisation Rate ▶️
TOPGLOVE: 63%
HARTALEGA: 85%
KOSSAN: 70%
SUPERMX: 55%
Four major players Exposure to US Market ▶️
TOPGLOVE: 15%
HARTALEGA: 50%
KOSSAN: 35%
SUPERMX: 28.7%