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Given the challenges, for the worst-case scenario, assuming ASP of gloves: US$22 per 1000 pcs / RM88 per 1000 pcs (currency as per 25 Oct 2021)
ATS’s revenue for a financial year (assuming 80% of the full capacity running for 12 months) for the glove segment could potentially be: (1.6 billion x RM88/1000) = RM140.8 million
Just on the glove segment itself, they could potentially be making revenue of RM35.2 million on a quarterly basis, which could be positive to ATS’s bottom line.
Majority of the people may think the demand for gloves is not sustainable. To me, glove demand will remain strong as the pandemic is not going away soon. As an investor who has seen many up and down cycles, there are always opportunities when an industry is oversold. Beyond the pandemic, the rising need for quality medical services in not only advanced economies but also developing ones will sustain global demand for gloves in the long term.
aiyo. long time dint come back. this downtrend stocks always break new low record. guh break 0.75 de. lousy stock always is lousy. only know print Esos.