Just cant figure this out at all..
1) Nitrile gloves demand forecasted to double this decade. Even post Covid, demand is expected to remain due to the changing habits and awareness.
2) Current production is is shortfall to demand.
3) Peer companies ion Malaysia has MC many multiples of their revenue ( I read in some cases it even wen to 30 time revenue ). Out that into perspective even 10 times should take VIP to $750M just based on current reveneu.
4) Company demonstrated significant increases in production and revenue.
5) Paying dividends.
https://www.prnewswire.com/news-rel...es-market-analysis-report-2021-301271464.html
Yet MC is just half of the actual revenue. What is wrong, I cant figure out.
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Just cant figure this out at all.. 1) Nitrile gloves demand...
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