Analysts are largely upbeat on the prospects of the glove maker, which is actively pursuing production capacity expansion. What are the catalysts that have revitalised Supermax, once the darling of investors chasing rubber glove stocks? The stock’s undervaluation gives more buying opportunities for investors seeking to benefit from the rubber glove industry’s performance. Apart from that, Supermax plans to add new capacity by building another two gloves production plants in Klang and Taiping. RHB Research says the business is a long-term catalyst for Supermax and will likely turn profitable in two to three years.

Source: The Star April 28, 2018 00:00 UTC