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$ThaiBev (Y92.SG)$ waiting for beer to go below 50c…….😌
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$YZJ Shipbldg SGD (BS6.SG)$ even the charts look like waves. when is the good time to surf bro and sis ?
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$TOPGLOV (7113.MY)$
#food #porridge #cucuk #fish #fishnoodle #greentea #restaurant #soya #soyabean #breakfast #lunch #dinner #fave #discount #delight #delightful #fantastic #great #delicious #projective #margin #predictions #results #predictable #teh #instagram #instalife #instalifestyle #instagramphoto #instadaily
#food #porridge #cucuk #fish #fishnoodle #greentea #restaurant #soya #soyabean #breakfast #lunch #dinner #fave #discount #delight #delightful #fantastic #great #delicious #projective #margin #predictions #results #predictable #teh #instagram #instalife #instalifestyle #instagramphoto #instadaily
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$Top Glove (BVA.SG)$
Resistance breakout above 0.375. Top Glove is at a new 2-year high. It may reach around 0.39-0.40. It may report a net profit at the next results release. You may see other glove makers following its rally.
$Medtecs Intl (546.SG)$ $UGHealthcare (8K7.SG)$ $Riverstone (AP4.SG)$
Resistance breakout above 0.375. Top Glove is at a new 2-year high. It may reach around 0.39-0.40. It may report a net profit at the next results release. You may see other glove makers following its rally.
$Medtecs Intl (546.SG)$ $UGHealthcare (8K7.SG)$ $Riverstone (AP4.SG)$
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$Top Glove (BVA.SG)$ take note,warrants are issued to those who held positions on 2024 September 13th. those who bought after will be at a disadvantage of 5% dilution if all warrants exercised
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$Top Glove (BVA.SG)$ no sell volume at 0.325?
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Will TopGlove QR be profitable without selling land again this time? Does anyone think so?
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$Top Glove (BVA.SG)$
#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 - 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...
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