$HAWK (0320.MY)$ 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%

$TOPGLOV (7113.MY)$ 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%

(Kuala Lumpur, 17th) The USA's higher tariffs on Chinese gloves exceeded expectations, inspiring a significant rise in local glove stocks, with the most favored ones experiencing a limit-up! $HARTA (5168.MY)$ particularly the limit-up board!
In a report released today, Industrial Bank Research pointed out that the USA has decided to significantly increase tariffs on Chinese goods. The tariff rate for gloves will be raised to 50% starting in 2025, and further increased to 100% in 2026.
Analysts believe that the punitive measures against China by the USA will bring significant spillover effects for Malaysian glove manufacturers, with the average selling price of Chinese gloves possibly surpassing Malaysia's as soon as next year.
Previously, the proposed import tariff on Chinese gloves by the United States is scheduled to increase to 25% by 2026, far below the current adjustment level.
Analysts further stated that this is likely to result in an average selling price of Chinese gloves, from the current $17, skyrocketing to $25.50 in 2025, and even rising to $34 in 2026.
Therefore, this will bring a price advantage to Malaysian glove manufacturers, as the comprehensive average selling price of the industry is only between $20 and $21.
Analysts therefore do not rule out the possibility of Chinese industry players considering expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will make Chinese businesses lose their cost competitiveness because they cannot achieve cost savings through coal production overseas.
With the United States deciding to significantly increase tariffs on Chinese goods, it means a 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...