Hello Simerdeep the best place to look for clues would be their...

Hello Simerdeep the best place to look for clues would be their latest 4C.

The most alarming part is the drop in ASP in their gloves sales. There is hope of VIP entering US and Australia bringing up total sale but with the current high cost of shipping, increased world wide supply of gloves especially from China, there is alot of factors putting pressure on ASP.

I would suggest doing some research in the forecast of glove prices into 2022/23 and work out the earning potential of VIP, and decide for yourself if this is a worthwhile long term investment.

Alternatively you can wait for the next quarterly report of Top Glove from Malaysia, which is one of the biggest glove manufacturer globally to see where VIP is likely to be heading in next half yearly report. Good luck to your holding!