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when speaking of defensive stock, it’s undoubtedly means the glove sector. will the world one day doesn’t need to use glove anymore?? i doubt it. the demand for gloves is rising, year after year due to more doctors produced, more clinics and hospitals opening, and more awareness among public. even beautician use gloves
hi, i wish to correct u one thing. when u see the sales of these Big 4 gloves companies, don’t need to think of malaysia. because all these companies sales mainly are for export. malaysians only used a very small amount compared to the rest of the world. and usually malaysians clinic uses cheaper gloves by those smaller unlisted companies in malaysia. not from the Big 4. i hope this will clarified u
i am glad u know the truth now. their sales r mainly for export. and do u know how much market share those big 4 company contributed their gloves to the whole world?