[New post] Maybank IB: Malaysia Gloves Sector – Downgrade to Negative

alanyeo posted: " Not the time for bottom fishing ASP downturn yet to find bottom; D/G to NEGATIVE ASP is declining fast and could hit pre-Covid levels by mid-2022 i.e. another -42% from current level of about USD40/k pcs in Sep 21. With the stiff competition from" New post on Alpha Edge Investing Maybank IB: Malaysia Gloves Sector – Downgrade to Negative by alanyeo Not the time for bottom fishing ASP downturn yet to find bottom; D/G to NEGATIVE ASP is declining fast and could hit pre-Covid levels by mid-2022 i.e. another -42% from current level of about USD40/k pcs in Sep 21. With the stiff competition from China, we believe the Malaysian glove sector is experiencing a structural […] Read more of this post alanyeo | October 11, 2021 at 11:37 am | Tags: Hartalega Holdings, Kossan Rubber Industries, Top Glove | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-4Vt Comment    See all comments 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: https://alphaedgeinvesting.com/2021/10/11/maybank-ib-malaysia-gloves-sector-downgrade-to-negative/