[%FxbE%] [%sAQr%] [%kaUi%] [%iUiQ%]  the sale of extra capacity had started. Good news that the industry is moving towards demand / supply equilibrium.

Until the oversupply situation improves, the short term business and industry fundamentals will still be challenging but if history were to repeat itself, the big glovemakers should strive. 

The 1 million question if you're to invest in glove companies for the long term now is: How much market share will the Malaysian glovemakers lose out say... 5 - 10 years post covid vs its oligopoly situation pre-covid? 

Like it or not, nitrile medical glove of a certain quality / standard - had become a commodity. 

[%pshr%] [%ZEtw%] [%JKtO%] [%kdPI%] [%HKvR%]

@terence775 @jiaming8yap @hokuan @pineforestof89  the sale of extra capacity had started. Good news that the industry is moving towards demand / supply equilibrium.

Until the oversupply situation improves, the short term business and industry fundamentals will still be challenging but if history were to repeat itself, the big glovemakers should strive. 

The 1 million question if you're to invest in glove companies for the long term now is: How much market share will the Malaysian glovemakers lose out say... 5 - 10 years post covid vs its oligopoly situation pre-covid? 

Like it or not, nitrile medical glove of a certain quality / standard - had become a commodity. 

$KLSE-HARTA $KLSE-TOPGLOV $KLSE-KOSSAN $KLSE-SUPERMX $SGX-AP4

$TOPGLOV / 7113 (TOP GLOVE CORPORATION BHD)

$SUPERMX / 7106 (SUPERMAX CORPORATION BERHAD)

$HARTA / 5168 (HARTALEGA HOLDINGS BERHAD)

$KOSSAN / 7153 (KOSSAN RUBBER INDUSTRIES BERHAD)

There's a report on glove sector issued by MAYBANK today. Despite negative ratings on the sector, there's perhaps some silver lining? 
The M&A activities might begin sooner than expected... Notably, $KLSE-HARTA , $KLSE-KOSSAN and $SUPERMX have sizable war chests. The others... not so.