$HAWK (0320.MY)$ what happen? the company was listed less than a month and from it’s peak 3.90 drop till now 2.80?
Something went wrong with this company?

$99SMART (5326.MY)$
2.16 keep or sell?

$KOSSAN (7153.MY)$ 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%

$TOPGLOV (7113.MY)$ The utilization rate of the four major players ▶️
TOPGLOVE: 63%
HARTALEGA: 85%
KOSSAN: 70%
SUPERMX: 55%
The Four Kings Exposure to US Market ▶️
TOPGLOVE: 15%
HARTALEGA: 50%
KOSSAN: 35%
SUPERMX: 28.7%

(Kuala Lumpur, 17th news) The US imposes higher tariffs on Chinese gloves than expected, stimulating a surge in local glove stocks, among which the most favored by the market. $HARTA (5168.MY)$ has hit the limit up!
Industrial Investment Bank's research report today states that the United States has confirmed a substantial increase in commodity tariffs on China, with the tariff rate for gloves set to increase to 50% from 2025 and further increase to 100% in 2026.
Analysts believe that the punitive measures against China by the United States will bring significant spill-over effects for Malaysian glove manufacturers, and the average selling price of Chinese gloves may exceed Malaysia's as early as next year.
Previously, the proposed import tariff on Chinese gloves by the United States is set to increase to 25% in 2026, which is much lower than the current adjustment level.
Analysts further said that this could lead to an average selling price of Chinese gloves rising from the current $17 to $25.50 in 2025, or even $34 in 2026.
Therefore, this will bring price advantages to Malaysian glove manufacturers, as their comprehensive average selling price is only between $20 and $21.
As a result, analysts do not rule out the possibility that Chinese operators may consider expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will cause Chinese operators to lose their cost competitiveness, as they cannot achieve cost savings through coal production overseas.
With the United States confirming a substantial increase in Chinese commodity tariffs, it means Malaysia and...

Hey mooers,
Hope you still have the energy ⚡ this weekend to recharge yourself after all the watch of the red market as well as the Olympics of Paris 2024.
Looks like the Bears 🐻 had won this week and I would like to congratulate you. You guys have a sharp eyes and manage to protect yourself during the downfall.
Thank you for reading on the article titled:
This is bad!  😕😕 Will we ever see a recovery?
It highly encourages me to continue o...