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5 Risks To Note Before Jumping Onto The Glove Mania
By Value Invest Asia  •  August 26, 2020
Most of the companies around the world saw their share prices receiving a real hammering when COVID-19 struck. But, not all of them suffer the same fate. The US tech giants and Malaysian glove makers, in fact, had one of the best bull runs in their share prices. However, I still think valuation for the big US tech stocks is still fair. But it is a little bit the other way round for glove companies. Do not get me wrong. Glove demand is much higher now and higher in the future. But there are a few bearish cases that you should consider. This is especially true if you are having the “fear of missing out” urge to jump right in now. 1. Permanent Pandemic-Driven Demand? Malaysia is well known to be supplying around 60% of the global glove demand. It is home to the top 4 biggest glove makers in the world – Top Glove Corporation Berhad, Hartalega Holdings Berhad, Kossan Rubber Industries Berhad and Supermax Corporation Berhad....
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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