欢迎访问本站!

首页社会正文

aws全区号(www.2km.me)_Ban may affect Supermax earnings

admin2021-10-2816

aws全区号

aws全区号www.2km.me)提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售,提供api ,质量稳定,数量持续。另有售azure oracle linode等账号.

TA Securities Research expects the diversion of shipments will flush other markets and depress the average selling prices (ASPs) of gloves.

KUALA LUMPUR: Supermax Corp Bhd has cautioned that there could be a material adverse impact on its financial performance should efforts to divert its US glove shipments to other markets are unsuccessful.

The glove maker said in a filing with Bursa Malaysia that the extent of the adverse impact will also be determined by the duration of the withhold release order (WRO) by the United States Customs and Border Protection (CBP).

However, it said it does not foresee any material impact operationally.

On Oct 21, Supermax announced that it had been served with a WRO by the CBP that would affect its sales to the US market, which accounts for about 20% of the group’s total sales.

Consequently, the group said it would take steps to divert goods bound for the US to other markets where possible.

Research firms covering the stock have projected that the US import ban would have a negative impact on Supermax’s earnings, and reduced their earnings forecasts accordingly.

TA Securities Research expects the diversion of shipments will flush other markets and depress the average selling prices (ASPs) of gloves.

In a recent report, the research house said the ASPs in these markets are usually 5% to 10% lower compared with the US, and that the additional shipments would further lower prices.

TA Securities, which has a “sell” call on Supermax, slashed its target price to RM1.43 a share from RM1.90 previously.

Kenanga Research, meanwhile, said a US ban on Supermax gloves would further compound an earnings decline caused by a faster-than-expected normalisation in the ASP of gloves.

“The severity to earnings depends on how fast Supermax can replace loss of sales in the US and how long it takes for the group to resolve the issue,” it added.

Kenanga Research maintained its “market perform” recommendation on the stock as it expects disappointment in subsequent quarters to be capped, given that ASP are no longer lofty.

It also reduced its target price to RM2.15 from RM2.35 previously.


转载说明:本文转载自Sunbet。

网友评论