https://koonyewyin.com/2020/06/02/glove-share-price-correction-is-a-healthy-sign/

https://koonyewyin.com/2020/06/02/glove-share-price-correction-is-a-healthy-sign/

Up 3.5 cts..tday..mybe good news on profits from itsQTR!

Its QTR is highly due!X idea y it missed lst week ..perhaps cud be tday!

Bullish glove counters kept going north and continue to stay tis way until th pandemic stop.their rsi n price chart index were bullish n extremely in overbought territory.! Time to sell or hold .!

its qtr to b announced tday?

Dow futures surged 400 pts on hopes fr fast track breaktru speeds by moderna vaccines.!
Wil it hit gloves industries cnters 2mrrw possible sell of ?

Jaywong: x wnder price surged tday..2billio projec secured. can u confrm o tis ?

Well said 682.

En.KYY had immense interest on Comfrts growth x wthout reason!
On paper ,academic perspectives its june, QTR cud be better than th previous ,spurred catalytic grwth n sales demands ,as mre of wrld population affected b infections rate of covid19 .

A matter of thoughts..why did Ageson put PA on sales when it wud likely, hurt its mother share price?its about supply n demand.
Firstly demand wil spike wen catalytic news o project milestones roll in e.g sand permits obtained,loa done sources of sands identified mining equipmnt logistics ready etc.as its prices up more investors inclined to buy more PA s a stage of equilibriums occurs. pa buying increases as well as their mother.its pa quantity levels quicly reduced sooner says its 4 billio pa vaporises vry faster.
The depletion of its pa's wil be an incendiary fctr fr its mother shares to rise quickly on provisions that its milstones achieved n sustained.
Tis wud explained why its shre price to remain under depressed modes n wth a bit of time says in 3rd quarter things cud change signifcntly.
Investrs wud wait fr the buy signals news as project progresses .ie bfre mking decisions t inves. 27 billion wrth projec fr 15 yers is mega huge as tis news ar on everone lips!
Note tis ar my thoughts which do not imply to buy.plese do ur own evaluations bfore buying.

dropped in anticipation bad incming QTR- due end of tis mnth?

mother x move bcz of ongoing pa conversion ..wondering wat futures holds fo mother price to fly.

Moderna vaccine trial had kicked off to good result as reported cnbc tdy.wth Dows surging 900(++ pts

Cud influence t some selling tday :all glove countrs t b
vigilant.
mny ar in ovrbght trrtory includn careplus n cud be an chnce t pick at lower if it drops tday.
Its O&g cntrs stealing t show as crude rebounded .

14 may 2020
The EU threw cold water on cvid19 vaccines _the world may not be seeing vaccines n we have to adjust our lives to live wth cvid19 viruses..
WHO warns it could take up to 5 years before the coronavirus pandemic is under control
Al gloves factries potentily on its course to a sustainble long years of production-demands

More positivr on gloves demnds..who reiterated 5 years for world to see drop n covid 19 infrctions..as new drugs vaccinrs avaible accesible to world population.
Even if cures ar avaible drcoupling to basis safety precautions likes wearing masks social distancing gloves usage wil not of part of new norm.

can still buy or chase high...

Hopefully dnx wil grows in2 strength as digitalisation provider t major business instutions as well as keyplayer of electronics services.

Rising new cases in skrea china showed difficulties in cntrolling virus spread as reopenings of busness cud lead t anothet waves of infections.

European shares..uturn to -ves on fears 2nd wave s cases in china s korea.

Gloves counters wil continue to rally n wil only stop when a vaccine is found!
So be vigilant if needs arise ; and to plan fr exit strategy wen the time comes.!

Sundaymail 4 February 2020

Datuk Liew Kok Leong Executive Director.. felt very honoured....
PETALING JAYA: Ageson Bhd has secured a purchase order of river sand and sea sand from Guangzhou Kaishengda Industrial Co Ltd (GKI), woth RM27.5 billion.


This order is for a period of 15 years, and is the third d contract order for the supply of sand following the two earlier deals which were worth US$26.6 million on April 22 and SG$107.64 million on April 17 respectively.

Ageson executive director Datuk Liew Kok Leong said he believes the group’s ongoing business exploration and development will yield good results.

“We are very honoured to receive the award from GKI and truly appreciative of them for the faith they have placed in us to grow the business together. This demonstrates the added value of our growth potential in the geographical expansion of our businesses.

“While property development remains soft in this market condition, it does not hamper us from prospecting other business opportunities like trading of construction materials. Apparently, construction material like sand is still in demand by our overseas customers. Indirectly, it allows us to expand geographically, increase export sales and it will ultimately boost our business track record,” he said.

Its a jus a mammoth extraordinary busineess that calls for extraordinary planning n executions.

The disclosure by Agrson in respond t Bursa Query wil lift confidenc amng investors who choose to wait n see.
A steroid in t making!

Agreed ..all done dealed.

Was Bonus ever mentioned a last EGM ?or jus pure speculatios n shok sendiri.

Last week they mntioned some corrections due, but Careplus went up .8cts..

Any news on QTR..amended t June ?

.. mind boggling projc dspite 15bill 15yers.
As offer was taken acceptd meanng, ages wil deliver & honour the contrct.

About NIIS projct ;prospect fr Dsonic to get tis job is stil unknown but some sources ,precovid days )quoted Dsonic has a chnce to secure tis job.
But the facts remain it s stil unsure wen th govt wil announc due t MCO covid 19 epidemic.
Paktua ,ur thoughts please.

In 1917 Edge rprted Careplus plan to increase productions n to romp up to10billion gloves by 2020.this howver,remains t be seen .as to whethr the rollout of new fCilities or additionl lines met its objectives.

Quite impressv. fully autmtions factry 4 brazilians mrkets.

Dow droped 622 pts..Fri. acid test fr al glve cuntrs.

Price can go higher if world finds vaccines to covid19 .or drugs to treat ..n yet so far no quick answers to solve tis .

If its good stock ..has potentials to grow stronger nxt qtr , Ansell ot board.rides on pandmic gloves demnds wrldwide..
.if its a pullback i wud add jus more

romp up can begin 2 mrrw..

Was tdy selloff tdy on profits n cntr trdng ?
Wat is mean t.. ..prepare fr a dive as mentined by si3...directrs selling ?..!
Saw 300k tickets thrown..

Si3: pric propose increse hit logic button as surged in gloves demang balloning.
Both prties cud sit dwn renegotiate as both of them n investors wud benefits.
The board and Ansell needs t stay calm to focus an strategise their nxt busness moves

Calvin explaintion hit logic button..all point to derivatives in healt care busnes .gloves ceramic gloves l-tex- equimnt(hlt) all products.supportng gloves manucftrg..etc
N mny unkown cmpnies lying low ft decades like esceramic all suddnly bcome the focus to fight covid19 pndemc.
I belive mny wer unkwn of thes derivatives cmpnies.until pandemic emerged...lik vntilatirs masks detrgents ..
Busness coming to life but fr how long..
As it s a new nrml being created i blive thes industries wil thrived as mindset twrds clealiness hygienes surged!

Wth demnds fr gloves skyrockting wrldwde the board cud be asking for mre frm Ansell.
Not easy to wriggle wth demand- as it ws aredy signed lst 5Fbrury.
Anywy..its rumour n nothing confrmed.!

kyy stll buying ..not selling?

aredy pric overbought...rsi shot 80-90 rnge..unsureif kyy n others take profits tday

margin call ?

Hope 2mrrw back to.345 then .350..
.350 was lst week resstnce.

Big rali ystrdy..x sure fly agan ts aftrnn.

planter man were u referring ystrdy...as price took up .330 ;,fell-off .310 range-was due t2 mrgin cal as smeone pointed..

Cud we assume EGM is tis Friday

cant hold .325 fr whatever reasons.;.sellers piling up strongly..wth fw takers

Dow not looking good 2nght -wil caplus stay strong! 2mrrw.

There ar no catalysts to bring demands up as businees wer majority closed..airclines mnucfctring trnpstions..railrod cars..shippings etc.