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$BIDU-SW (09888.HK)$
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$Top Glove (BVA.SG)$ finally got out at 0.325
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$BIDU-SW (09888.HK)$ Oh, it's stabilizing and not falling anymore. Weren't you going to skyrocket? Weren't you going to print money? Did the printing press break down?
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$Top Glove (BVA.SG)$ move faster plz, what are the brokers doing
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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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$Top Glove (BVA.SG)$
Supports around 0.29 and 0.30. May rise ahead of results on Oct 10.
$Medtecs Intl (546.SG)$ $UGHealthcare (8K7.SG)$ $Riverstone (AP4.SG)$
Supports around 0.29 and 0.30. May rise ahead of results on Oct 10.
$Medtecs Intl (546.SG)$ $UGHealthcare (8K7.SG)$ $Riverstone (AP4.SG)$
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103125323 : How much