[New post] CIMB: Kossan Rubber Industries

alanyeo posted: " Valuations are attractive at this juncture■ In tandem with a decline in glove ASPs worldwide, we expect Kossan torecord sharper ASP drops from 3Q21F onwards.■ Among glove makers under our coverage, Kossan has the least aggressiveexpansion plans, which me" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Kossan Rubber Industries by alanyeo Valuations are attractive at this juncture■ In tandem with a decline in glove ASPs worldwide, we expect Kossan torecord sharper ASP drops from 3Q21F onwards.■ Among glove makers under our coverage, Kossan has the least aggressiveexpansion plans, which means less pressure to lower ASPs to sell its goods.■ Reiterate Add, with a lower TP of […] Read more of this post alanyeo | July 1, 2021 at 11:10 am | Tags: Kossan Rubber Industries | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-1ib Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/07/01/cimb-kossan-rubber-industries/ Thanks for flying with WordPress.com