Highlights

Rubber Glove companies till year 2023

Author: koolset   |   Latest post: Fri, 15 Jan 2021, 7:07 PM

 

Price Estimate Details - AT (0072)

Author:   |    Publish date:



**Credit goes to Shariwu**


As for the reason why profit is 50% (round it up) :





Projected share price in the near future:

YEAR/PE

 10

 15

 20

 25

  30

Year 2020

0.5721

0.8581

1.1441

1.4301

1.7162

Year 2021

0.8147

1.2220

1.6294

2.0367

2.4441



First of all, i would like to point out that the Average Selling Price (ASP) is $80 in the worksheet. There are news that istates there is a good chance of increasing the value of ASP next year due to the heavy demand of gloves and lack of latex materials to produce it. 


On 5th Sept 2020, it is also reported that Malaysia's glove makers struggle to meet booming demand and are unable to keep up with the demands from other countries. Many of the glove makers' customers must now wait nearly 600 days (20 months) for their orders to be filled, compared with a normal delivery time of 30-40 days due to the overwhelming orders of gloves.


(https://www.nst.com.my/world/world/2020/09/622064/malaysias-glove-makers-struggle-meet-booming-demand)



In conclusion, AT price should be soaring before June 2021.
If there is any mistake in the calculation, do notify or comment below.
 

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Labels: AT

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Similar to bubble tea...once starting only 1 brand... but now?.... see how many out there selling bubble tea...

everyone do it as it profittable
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So what are we waiting for? sell everything and all in. 1M become 10M.
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