Most likely August report will have flying colour result.
![invest in wallap invest in wallap](https://quotefancy.com/media/wallpaper/1600x900/2004491-Robin-S-Sharma-Quote-Investing-in-yourself-is-the-best-investment.jpg)
In fact, increase of marketing expenses is good for the company in long run as once everyone know about “Uniglove”, the marketing expenses eventually will come back and profit will go up. UG has reported positive earning for the last 3 FY. Do take note that the modification at the end will benefit the group as well. Even though the last quarter report seems like “poor”, but it was mainly affected by the production modification cost where the board has decided to on hold the modification in order to cope with the sudden spike of demand.
![invest in wallap invest in wallap](https://s.hdnux.com/photos/01/20/24/50/21056027/3/1200x0.jpg)
If we use the method of one of the Malaysia’s famous investor to calculation the price per glove, UG healthcare is on 0.09 per glove which is much more cheaper compared to peers. UG should worth SGD (243105790 (careplus’ market cap) * 3B (UG’s capacity)) / 4.1B (careplus’ capacity) = 177882285.4 UG’s potential share price = 177882285.4 / 196092856 (no of UG’s issued share) = SGD 0.907 Even though careplus produce 1B pcs extra compared to UG healthcare, but UG healthcare will benefitted from it’s own brand of glove as well as it’s distribution centers in UK, Brazil and Nigeria are selling others PPE and tools which are badly needed during this pandemic. UG should worth SGD (293404051 (Rubberex’s market cap) * 3B (UG’s capacity)) / 2b (Rubberex’s market cap) = 214685891 UG’s potential share price = 214685891 / 196092856 (no of UG’s issued share)= SGD 1.09 If we do comparison between Careplus Malaysia and UG Healthcare. So if we use production capacity ratio to market cap as below calculation. If we do comparison between Rubberex Malaysia and UG Healthcare. Even though it is old news but it definitely will be benefited during this pandemic as it is Europe’s first antimicrobial nitrile glove. The link below will enable you to understand better about Uniglove UK. Besides, UG Healthcare Nigeria is also very interesting distribution center as it is selling the similar products that UG Healthcare German is selling but on top of that, it is also selling infra-red thermometer which is also high demand.
![invest in wallap invest in wallap](https://www.renaisse.com.tw/data/editor/images/2018-01-06_01.jpg)
Please refer to the link to understand better. All these products are high demand product during this Covid-19. Also, not to neglect that Ug Healthcare German is also selling mask, PPE, disinfection, protective clothes etc. Also, these coutries are badly affected by Covid-19. Despite UG didnt own 100% of share of these companies, but definitely it helps UG to have better profit. After watching, you guys can go read UG's report and you guys will realize that UG has their own distribution center at China, Nigeria, UK, German, US and Brazil. You guys can understand further from the video as per below link. The reason Supermax and Top Glove up alot since Supermax release their quarter report is because these 2 companies are distributing their own brand of glove which lead to higher profit margin.
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Bryan2003 If you guys do a deep research on UG Healthcare (Malaysia’s company listed in Singapore), you guys will realize that it is quite similar to Malaysia listed Supermax and Top Glove.