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Technically bottomish and leading indicators are
cutting up. Looks bullish
cutting up. Looks bullish
Tks for sharing, Bro
Good for the malaysian glove makers
Wl regain loss ground and moving
bk to abv 70 soon for RS
Good for the malaysian glove makers
Wl regain loss ground and moving
bk to abv 70 soon for RS
oli007 ( Date: 24-Jun-2025 11:04) Posted:
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Malaysian glove makers poised for EU boost as China excluded from public tenders &mdash CIMB
KUALA LUMPUR (June 23): CIMB Securities said Malaysian glove manufacturers could benefit from the European Union&rsquo s (EU) exclusion of Chinese companies in public tenders for medical devices, valued at over &euro 5 million (RM24.5 million).
The exclusion could result in stronger demand from EU buyers seeking alternatives to China-sourced gloves.
The EU was Malaysia&rsquo s second-largest glove export market by region in 2023, accounting for an estimated 28%&ndash 30% of Malaysia&rsquo s total glove exports, said CIMB
This will limit Chinese companies&rsquo access to approximately &euro 150bn (billion) annually in EU public spending within this segment.
&ldquo While tenders exceeding &euro 5m (million) accounted for only about 4% of total tender count in 2023, they represented around 60% of total tender value,&rdquo said the house in a note on Monday.
The move is a response to the EU concluding that EU companies do not have fair access in China, as Chinese tenders have been heavily biased towards local suppliers that often have artificially low bids, CIMB said.
The research firm has highlighted that glove sales contracts are normally short-term and lower in value, because of the frequent changes in average selling prices (ASPs) and the cost pass-through mechanism employed by industry players.
As a result, the majority of glove orders fall below the &euro 5 million line, or about 287 million pieces, assuming an ASP of US$20 per 1,000 pieces.
&ldquo Additionally, we believe Chinese glove makers could potentially restructure their EU contracts by splitting larger orders into smaller tranches to remain below the &euro 5m sales threshold, mitigating the impact of the procurement restriction,&rdquo it said.
CIMB expects any uptick in EU demand for gloves from other countries, including Malaysia, to be short-term, three- to six months at best, as the EU and China have expressed willingness to negotiate.
This would likely happen during the EU-China Summit, scheduled for July.
The potential increase in demand would be an additional boost for the sector, on top of expected expansion in the US rubber-glove market.
KUALA LUMPUR (June 23): CIMB Securities said Malaysian glove manufacturers could benefit from the European Union&rsquo s (EU) exclusion of Chinese companies in public tenders for medical devices, valued at over &euro 5 million (RM24.5 million).
The exclusion could result in stronger demand from EU buyers seeking alternatives to China-sourced gloves.
The EU was Malaysia&rsquo s second-largest glove export market by region in 2023, accounting for an estimated 28%&ndash 30% of Malaysia&rsquo s total glove exports, said CIMB
This will limit Chinese companies&rsquo access to approximately &euro 150bn (billion) annually in EU public spending within this segment.
&ldquo While tenders exceeding &euro 5m (million) accounted for only about 4% of total tender count in 2023, they represented around 60% of total tender value,&rdquo said the house in a note on Monday.
The move is a response to the EU concluding that EU companies do not have fair access in China, as Chinese tenders have been heavily biased towards local suppliers that often have artificially low bids, CIMB said.
The research firm has highlighted that glove sales contracts are normally short-term and lower in value, because of the frequent changes in average selling prices (ASPs) and the cost pass-through mechanism employed by industry players.
As a result, the majority of glove orders fall below the &euro 5 million line, or about 287 million pieces, assuming an ASP of US$20 per 1,000 pieces.
&ldquo Additionally, we believe Chinese glove makers could potentially restructure their EU contracts by splitting larger orders into smaller tranches to remain below the &euro 5m sales threshold, mitigating the impact of the procurement restriction,&rdquo it said.
CIMB expects any uptick in EU demand for gloves from other countries, including Malaysia, to be short-term, three- to six months at best, as the EU and China have expressed willingness to negotiate.
This would likely happen during the EU-China Summit, scheduled for July.
The potential increase in demand would be an additional boost for the sector, on top of expected expansion in the US rubber-glove market.
msksmsks ( Date: 24-Jun-2025 10:50) Posted:
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Juz saw UOHKH sector update on Gloves, Malaysia
Maintained Overweight.
Pbbly why Malaysian glove makers gg up
Maintained Overweight.
Pbbly why Malaysian glove makers gg up
msksmsks ( Date: 24-Jun-2025 10:32) Posted:
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Malaysian glove makers all moving up
msksmsks ( Date: 24-Jun-2025 10:03) Posted:
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Abt time for RS to move up
the ladder heading twds 70
the ladder heading twds 70
friday ..sell day
Added more at 655.
Yes, I'm aware of it, Bro
UOBKH had revised the TP but other
analysts still sanguine and their TP
much higher.
Anyway, UOBKH also downgraded Sats
with TP$2.70 after tariff war started and
slipped ard $2.4+ ... But now, look at Sats
price, way much higher
No doubt there are some challenges for RS,
Boss Wong still optimistic and wl still ushering
quarterly dividends .
Quote fm one recent analyst rpt .
"If investors stay patient， they should see better
financial numbers fm Riverstone soon, and its
share price could rebound in line with results"
PDYODD and happy investing
UOBKH had revised the TP but other
analysts still sanguine and their TP
much higher.
Anyway, UOBKH also downgraded Sats
with TP$2.70 after tariff war started and
slipped ard $2.4+ ... But now, look at Sats
price, way much higher
No doubt there are some challenges for RS,
Boss Wong still optimistic and wl still ushering
quarterly dividends .
Quote fm one recent analyst rpt .
"If investors stay patient， they should see better
financial numbers fm Riverstone soon, and its
share price could rebound in line with results"
PDYODD and happy investing
superstartup ( Date: 20-Jun-2025 14:50) Posted:
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This vindicates what I said about how their IR sucks.
IR firm can arrange more analysts to cover for them. UOBKH may seek the feeds from their IR.
Bad bad bad
IR firm can arrange more analysts to cover for them. UOBKH may seek the feeds from their IR.
Bad bad bad
superstartup ( Date: 20-Jun-2025 14:50) Posted:
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After release of 1Q 25 result,
UOB KH had on 9 May cut TP from $1.16 to $0.82
After Malaysia NDR held on 11 Jun 25,
UOB KH had on 19 Jun (yesterday) further cut TP from $0.82 to $0.71
Sharing above with you as not sure if you aware of the revised TP by UOB KH since you mentioned UOB KH
UOB KH had on 9 May cut TP from $1.16 to $0.82
After Malaysia NDR held on 11 Jun 25,
UOB KH had on 19 Jun (yesterday) further cut TP from $0.82 to $0.71
Sharing above with you as not sure if you aware of the revised TP by UOB KH since you mentioned UOB KH
msksmsks ( Date: 17-Jun-2025 07:45) Posted:
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Who is their IR?
Can someone check n post their email here?
We should all write in
Also get mskmsk to bring up to cfo in his next call
Can someone check n post their email here?
We should all write in
Also get mskmsk to bring up to cfo in his next call
eddyeddy ( Date: 19-Jun-2025 18:40) Posted:
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a perpetual pessimist but also a
reversal indicator.
reversal indicator.
If dying soon, will short
dying soon.
Yes. CEO already supported 1.5m shares at around 710.
I going to buy more of riverstone tomorrow to keep.
Shortist are always trying because the buyers are not strong.
But it?s okay. I like it cheap for the yeild anyways.
Going to buy more tomorrow.
I going to buy more of riverstone tomorrow to keep.
Shortist are always trying because the buyers are not strong.
But it?s okay. I like it cheap for the yeild anyways.
Going to buy more tomorrow.
i like this statement
"If investors stay patient, they should see better financial numbers from Riverstone soon, and its share price could rebound in line with these results.
"If investors stay patient, they should see better financial numbers from Riverstone soon, and its share price could rebound in line with these results.
| Newbie85 ( Date: 19-Jun-2025 17:40) Posted: |
Maybe the short sellers are trying their luck again ,?
We are retail investors , can we do something about it ? Believe all of us want to see higher share price
Chansenghoe1971 ( Date: 19-Jun-2025 18:00) Posted:
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there is perfection nothing wrong with RS.
Company is in a much much better stead than before Covid
Flushed with cash now. Zero debt.
However good a company is, it is useless if the investor management is bad.
It is Boss Wong?s job to manage and run the company well.
As for the market worth it is the IR job.
When will people come to agree that RS IR sucks and doing a really poor management?!
Company is in a much much better stead than before Covid
Flushed with cash now. Zero debt.
However good a company is, it is useless if the investor management is bad.
It is Boss Wong?s job to manage and run the company well.
As for the market worth it is the IR job.
When will people come to agree that RS IR sucks and doing a really poor management?!
| Newbie85 ( Date: 19-Jun-2025 17:40) Posted: |