chanky
commented on
Gloves are making a comeback
The US government has just announced an increase in import tariffs on Chinese goods from 7.5% to 25%, which will take effect in 2026.
This is great news for sellers in the US $14 billion personal protective equipment (PPE) market!
Malaysian rubber glove manufacturers have always faced tremendous pressure from competition from China. According to a research report released by Bank of Malaysia Investment Bank Research on May 15, this is beneficial to the Malaysian glove industry because this policy announced by the US government makes Malaysian gloves more attractive in the US market.
In the US market, $TOPGLOV(7113.MY$Top gloves account for 17% of sales. $HARTA(5168.MY$Hetejia accounts for 50% of sales.
Analysts have raised the target price for top gloves to RM1.21 and Hetejia to RM4.36. $KOSSAN(7153.MY$The high-yield luxury goods industry was raised to RM2.70.
$SUPERMX(7106.MY$
$CAREPLS(0163.MY$
$COMFORT(2127.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Before making any investment decisions, be sure to conduct your own independent research and evaluation, and if necessary...
The US government has just announced an increase in import tariffs on Chinese goods from 7.5% to 25%, which will take effect in 2026.
This is great news for sellers in the US $14 billion personal protective equipment (PPE) market!
Malaysian rubber glove manufacturers have always faced tremendous pressure from competition from China. According to a research report released by Bank of Malaysia Investment Bank Research on May 15, this is beneficial to the Malaysian glove industry because this policy announced by the US government makes Malaysian gloves more attractive in the US market.
In the US market, $TOPGLOV(7113.MY$Top gloves account for 17% of sales. $HARTA(5168.MY$Hetejia accounts for 50% of sales.
Analysts have raised the target price for top gloves to RM1.21 and Hetejia to RM4.36. $KOSSAN(7153.MY$The high-yield luxury goods industry was raised to RM2.70.
$SUPERMX(7106.MY$
$CAREPLS(0163.MY$
$COMFORT(2127.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Before making any investment decisions, be sure to conduct your own independent research and evaluation, and if necessary...
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$EMCC(0286.MY$ Gold is rising, are you optimistic about EMCC?
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chanky
voted
$Apple(AAPL.US$
So, their fiscal Q2 earnings are in, and guess what? They managed to slightly outdo Wall Street's predictions. But hold your iPhones tight because here comes the kicker: overall revenue took a 4% nosedive, and iPhone sales? Whew, they dropped by 10%! But wait, there's more! Apple's board just greenlit a whopping $110 billion for share buybacks, the biggest move they've ever made. And what does Tim Cook have to say about all this? W...
So, their fiscal Q2 earnings are in, and guess what? They managed to slightly outdo Wall Street's predictions. But hold your iPhones tight because here comes the kicker: overall revenue took a 4% nosedive, and iPhone sales? Whew, they dropped by 10%! But wait, there's more! Apple's board just greenlit a whopping $110 billion for share buybacks, the biggest move they've ever made. And what does Tim Cook have to say about all this? W...
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chanky
voted
$Apple(AAPL.US$ earnings are like baccarat now, place ur bets!
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chanky
liked
$CLOUDPT(0277.MY$ What's going on today?
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chanky
commented on
Potential Pullback Stocks (No Buy / Sell Call)
1. PANDA
2. CLOUDPT
3. MTEC
4. ICON
5. MUHIBBAH
6. HWATAI
1. PANDA
2. CLOUDPT
3. MTEC
4. ICON
5. MUHIBBAH
6. HWATAI
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chanky
voted
Hey, mooers!
Last week saw a strange situation where Tesla underperformed but the stock skyrocketed and Meta did very well but the stock plummeted.
We were impressed by the insights offered by mooers in posts and comments. Here, we've selected some quality shares from our community. Enjoy your snacks!
*Every mooers listed below will receive 500 points for their contributions to the community.
Tesla soared:
@ZnWC: Mainstream media will only focu...
Last week saw a strange situation where Tesla underperformed but the stock skyrocketed and Meta did very well but the stock plummeted.
We were impressed by the insights offered by mooers in posts and comments. Here, we've selected some quality shares from our community. Enjoy your snacks!
*Every mooers listed below will receive 500 points for their contributions to the community.
Tesla soared:
@ZnWC: Mainstream media will only focu...
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chanky
voted
$YTL(4677.MY$
Yang Zhongli's institutional volume and price have risen sharply, and the sharp rise in stock prices has reached its highest level in two months.
The main reason for this is that major investment banks say that the company's stock price still has a lot of room to rise, thus boosting buying. Some have even given a target price of RM3.33.
So do you think the company's stock price can go higher? Will Malaysia's FTSE Composite Index benefit from this? We welcome your comments.
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
Source: Nanyang Commercial Daily, Bursa Malaysia
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
Yang Zhongli's institutional volume and price have risen sharply, and the sharp rise in stock prices has reached its highest level in two months.
The main reason for this is that major investment banks say that the company's stock price still has a lot of room to rise, thus boosting buying. Some have even given a target price of RM3.33.
So do you think the company's stock price can go higher? Will Malaysia's FTSE Composite Index benefit from this? We welcome your comments.
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
Source: Nanyang Commercial Daily, Bursa Malaysia
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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chanky
voted
Hey, mooers! Welcome back to Moomoo's Feature Challenge, where we help you master powerful tools on moomoo and take on quiz challenges to win rewards!
Every company's financials tell a unique story, revealing important information about its revenue, assets, liabilities, and cash flow.
By analyzing this data, investors can gain valuable insights into a company's performance and make informed decisions about where to put th...
Every company's financials tell a unique story, revealing important information about its revenue, assets, liabilities, and cash flow.
By analyzing this data, investors can gain valuable insights into a company's performance and make informed decisions about where to put th...
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chanky
commented on
$EMCC(0286.MY$
1. Hammer at 40MA
2. Low volume pullback
Support = RM0.455
Resistance = RM0.56
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions.
1. Hammer at 40MA
2. Low volume pullback
Support = RM0.455
Resistance = RM0.56
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions.
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chanky : @Leong97 Did you see
chanky Leong97: Glove stock news