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Investors should consider opportunities in utilities and construction stocks related to energy transition and infrastructure, such as TNB, GAM, and IJM; tech stocks benefiting from AI developments, like NATGATE; healthcare stocks with defensive growth, such as IHH; and recovering glove manufacturers, like TOPG. REITs like IGB REIT and KLCC offer long-term investment value.(JP Morgan)
The Malaysian market closed out 2024 wit...
The Malaysian market closed out 2024 wit...
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$SUPERMX (7106.MY)$ just imagine supermax supplying majority of gloves in US. Imagine the fei chu yuk.
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$SUPERMX (7106.MY)$
Buy on dips at 1.27.
Is 2025 the year for glove manufacturers? Today's Business · 08:30 7-minute research on CY25. Kenanga Research believes that driven by continued earnings recovery, higher sales volumes, improvements in supply and demand dynamics, and potential ASP growth, the glove industry will continue to gain traction. It lays the foundation for robust earnings recovery. Signs of amplified optimism indicate strong demand recovery entering CY25 supported by distributor inventory rebuilding and faster-than-expected industry consolidation. Glove players are optimistic that ASP is expected to gradually increase due to rising demand and slower US dollar appreciation, adding $1.00 for every 1,000 pieces to $20-22 per 1,000 pieces. Additionally, the US imposed tariff spurs wheel as high as 50% and 100% in CY25 and CY26 respectively (revised announced on September 13), making Malaysian glove manufacturers the major beneficiaries. Our ratings are as follows: $HARTA (5168.MY) (OP; TP: RM4.30↑), $KOSSAN (7153.MY) (OP; TP: RM3.00), $TOPGLOVE (7113.MY) (MP; TP: RM1.30) and $SUPERMX (7106.MY) (MP; TP: RM1.30↑). The USA imposed tariffs as high as 50% and...
Buy on dips at 1.27.
Is 2025 the year for glove manufacturers? Today's Business · 08:30 7-minute research on CY25. Kenanga Research believes that driven by continued earnings recovery, higher sales volumes, improvements in supply and demand dynamics, and potential ASP growth, the glove industry will continue to gain traction. It lays the foundation for robust earnings recovery. Signs of amplified optimism indicate strong demand recovery entering CY25 supported by distributor inventory rebuilding and faster-than-expected industry consolidation. Glove players are optimistic that ASP is expected to gradually increase due to rising demand and slower US dollar appreciation, adding $1.00 for every 1,000 pieces to $20-22 per 1,000 pieces. Additionally, the US imposed tariff spurs wheel as high as 50% and 100% in CY25 and CY26 respectively (revised announced on September 13), making Malaysian glove manufacturers the major beneficiaries. Our ratings are as follows: $HARTA (5168.MY) (OP; TP: RM4.30↑), $KOSSAN (7153.MY) (OP; TP: RM3.00), $TOPGLOVE (7113.MY) (MP; TP: RM1.30) and $SUPERMX (7106.MY) (MP; TP: RM1.30↑). The USA imposed tariffs as high as 50% and...
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$SUPERMX (7106.MY)$ consolidating before next push up.
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$SUPERMX (7106.MY)$ free float only 347 million. Everyone buy don't sell. We will c rm2 very soon. US is a BIG market. Possible US IPO too.
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$SUPERMX (7106.MY)$ listing usa subsidiary on the card, naturally
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