PETALING JAYA: Glove maker Hartalega Holdings Bhd’s stock is fully-valued but its long-term prospects remain compelling.
AmInvestment Bank Research said in a report to clients that although it held the view that demand for gloves will remain stable post Covid-19, it expects average selling prices or ASP to decline as there is no longer a rush for gloves compared to what happened at the beginning of the pandemic.
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