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Ug healthcare cld benefit-china req for more glove
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bryan2003
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06-Jul-2020 08:23
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no one has the exact figure but the fact is the selling price has been increasing.
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AttasBoss
Elite |
06-Jul-2020 02:45
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What is the direct cost per 1000pcs?
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bryan2003
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06-Jul-2020 00:22
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hi guys, just checked online the selling price of Uniglove' s antimicrobial glove, the selling price is crazy. It is close to USD 250 per 1000 pcs. Please refer to the link below. https://www.safetygloves.co.uk/unigloves-fortified-gf001-antimicrobial-blue-nitrile-gloves.html Even though this selling price is from the dealer or distributor. But let' s assume Uniglove is selling at USD 150 to the distributor. What kind of profit they are making?? |
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bryan2003
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01-Jul-2020 22:43
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As mentioned earlier, UG Healthcare has same business model as Supermax. Both of these company are OBM and have their own distribution center at different countries. Below link is an article produced by a famous investor in Malaysia. We can use the similar method to apply on UG Healthcare. https://klse.i3investor.com/blogs/koonyewyinblog/2020-07-01-story-h150... There is very high possibility that UG has very good first half result as the share price going up non stop. Coincidently that all their distribution centers are located at the countries that badly affected by Covid-19 such as Brazil, US, German and Nigeria. If we search deeper, the direction of the company seems like toward a one stop solution model. If we google Uniglove Germany or Uniglove Nigeria, we can see that these distribution centers are selling glove, mask, disinfection under it' s own brand - Uniglove. Please read the links below. https://unigloves.de/30yearsEN/#0... https://www.unimedicalhealthcare.com/... Not to neglected that Uniglove UK is also selling antimicrobial glove which is high demand for this pandemic as this glove can kill gems. So far in the market, only Hartalega which listed in Bursa Malaysia produces antimicrobial glove in large scale. In short, UG healthcare will be benefitted as UK is one of the country that badly impacted by Covid-19. In conclusion, UG overall business will be benefitted as many of the product they are selling are high demand during this pandemic. |
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bryan2003
Member |
29-Jun-2020 22:50
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Another glove counter (Rubberex) in Malaysia has released QR report. It made approximate SGD 3M from January till March 2020. It' s yearly capacity is only 1B++ and if it can make such profit, there is no reason UG Healthcare will make lesser than it since UG Healthcare is OBM with own distribution center in UK, German, China, Nigeria and Brazil. Also, these distribution centers are also selling other product such as mask, gown, hand santinizer, thermometer etc. All these are high demand during this pandemic. UG healthcare is still a counter which worth to have a look... |
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Sgvale
Supreme |
29-Jan-2020 09:29
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Huge demand for raw material rubber also. Watch
Halcyon Agri
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hmmhmm
Elite |
29-Jan-2020 09:26
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Ninja play....? | ||||
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gravity8888
Supreme |
29-Jan-2020 09:23
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Falling back to earth | ||||
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hmmhmm
Elite |
29-Jan-2020 09:08
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Hmm.... | ||||
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LL666666
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28-Jan-2020 19:32
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What's the TP for this stock during this wuhan hype? I see that it's FY report is coming as well. Likely to return back to 0.2 before going up again. | ||||
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uiop1223
Supreme |
28-Jan-2020 19:30
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Top glove seems a more stable bet | ||||
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dimebag
Master |
28-Jan-2020 18:12
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Still can up 50% which is damn impressive
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Wind22i
Supreme |
28-Jan-2020 17:31
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Just starting engine..
China urgently need billions of gloves.. Shld benefit both ug healthcare and riverstone
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uiop1223
Supreme |
28-Jan-2020 17:00
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Vol very low lei... | ||||
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Wind22i
Supreme |
28-Jan-2020 16:55
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Source : https://www.thestar.com.my/business/business-news/2020/01/28/malaysias-glove-makers-get-urgent-request-from-china | ||||
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Wind22i
Supreme |
28-Jan-2020 16:54
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KUALA LUMPUR: Malaysian glove makers have received an urgent request from China for more medical gloves following the outbreak of the coronavirus which started in Wuhan, China which has killed over 100 people.
The President of the Malaysian Rubber Glove Manufacturers Association (MARGMA), Denis Low said on Tuesday the industry would do its utmost best to ensure an adequate supply of medical gloves to the world are met. |
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