Glove Makers

Have you feel the strong growth of glove makers?

Yes, the glove marker companies are just too strong and their bullish are never-ending since early of this year. You may notice their quarterly financial result and this year financial result are totally beyond expectation. Thanks to H1N1-driven of the high demand from the globe.

Well, if you would like to look into which has the best potential to grow in terms of profit and share price, try look at Hartalega and Supermx.

Hartalega is the most efficient, lowest production cost and fastest growth in terms of capacity and profit among all the glove makers in Malaysia. Imagine it just listed on 2008 and it can shoot up to RM5.40 in just 2 years time. Definitely this company can run higher with it's best fit situation.

For Supermx, it is a good buy because it has settled it's most serious problem, debts. And now it can fully concentrate on increase capacity with new plant and production lines, efficiency in terms of production, and lower the production costs. Apparently it has started to increase efficiency and lower the production costs practice since early of this year. And it's share price as been risen from the bottom of RM2.45 to RM3.50. If not due to the retreat of the Lembaga Tabung Haji, it's stock price has already maintain above RM4.00. We will see how this stock soars very soon.

I believe H1N1 will still continue on 2010, and the glove demand is still there. So let's anticipate this 2 strong growth companies share price to shoot up to RM6.30 within 4Q09 and 1Q10. Well, they are just my personal research and findings, as there are no guarantee to win in stock market. But we have a higher probability here with the correct strategy to invest.

Happy investing.

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