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In uncle opinion March Qtr and June Qtr will be weak before potentially improving in Sep Qtr. Glove investors may need to wait a bit more before improvements. After that, if the uS tariffs on China remains high, then there could be more permanent performance moving forward
Uncle hope this stock doesn't revisit 60+c level...this latest pump and dump started after US tariffs on China (145%), however now US-China have confirmed trade negotiations are taking place so will it drop back to previous levels...
Harta latest Mar'25 Qtr results was weaker QoQ but profitable even as analysts had forecasted losses. That said, there is still material uncertainty and a difficult operating environment for the glove industry
As always please follow Uncle profile to receive latest updates as soon as there are developments in the glove sector
US-China just announced tariff reduction deal. Uncle so far perfect timing this stock market cycle hope glove investors do not get disheartened Uncle just sharing insights and research here. As always please follow Uncle for latest stock developments it is free forever Uncle will never sell you anything or ask you to subscribe or to join any "investment group" for "tips" or invest in any such scheme
Uncle already mentioned here on 18 April 2025 that 1Q25 results will have larger losses compared to 4Q. As stated in the Qr report, sector still tough and demand-supply situation will only improve in 6-8 months
Hi Tee, based on Uncle's sources it will be difficult until Sep or Dec quarter. Whether still profitable or not, it will be at the margins - in other words it will be dependent on how the co's manage their costs - regardless performance will be weaker than the Dec 2024 (or equivalent) qtr results. Note however that the market is forward looking and Uncle is unable to guide as to the stock movement
Uncle already mentioned not the time yet. Please follow Uncle for the latest updates it's free and will never ask you to join any group for "tips" or ask you to invest in any such schemes
As Uncle always said, now is not the time for gloves based on industry information. From 84-85c till now below 60c it's even lower than Uncle prediction..
As Uncle mentioned earlier Uncle hope no one stuck their funds here and as always please follow Uncle for the latest insights into the glove sector it is free forever as Uncle earn from the market not from fees or subscriptions and will never tell you to join "investment group" or "stock tips or signals" or any such scheme
Uncle already shared now is not the time yet still many headwinds. When underlying glove sector sees signs Uncle will share here no worries just follow Uncle for the latest industry insights and updates
Uncle see many retailers here commenting until Uncle also scared. It's usually only for short-term small profits (if lucky) or if unlucky stuck at high or long time. As Uncle said still many headwinds in glove sector based on Uncle insider insights. If you follow Uncle warning since 85c you would have saved yourself from capital losses, time or opportunity cost of funds. As Uncle always said Uncle advice is free forever
Uncle already shared lots of headwinds but retailers never listen and get trapped by syndicates with pump and dumps. Every rebound is a sell. When it's time (if there is one..) Uncle will share here. As always please follow Uncle for the latest deep industry insights it is free forever
Look at Hartalega results and additional tax. As Uncle always shared since 85c, this is not the time for glove sector yet. Hope everyone stay safe and as always if you follow Uncle you too can get the latest industry insights free forever. Remember all the superinvestors give away their knowledge for free because they earn from the market not from retailers - Graham, Buffett and Munger, Lynch, Marks...