@Roger, you are absolutely right

Bright packaging is a junk company run by the incompetent management team, we need a good adminstrator there to restructure the company or we proposed to close down the company business,

Cepat lari kuat kuat, scammerr telah ditangkap

From Hopeful to Hopless

I think so as they are unable to fulfill Bursa requirements

High possibility that 2 Qtr results will be good and seems like they have meet the Bursa requirements to remove out from the PN17 status.
Good Luck KTB

heard factory going to stop production.

TG got themselves to be blamed for very thin profit margin in this quarter and coming quarters to come.
They were the the one to offer pricing below production cost. Others have no choices but to follow.

HAHAHA
Mah Sing looking for buyer to buy their gloves business at a loss and no body seems like interested

Coming quarter results will be worse compare this quarter, From June ASP TG Just offered 18.00 ASP compare 21 - 22.00 in the previous month,
Prepare to close shop liao

Thee are difficulties all glove companies are facing with
Because gloves are overstuffed, if you do not accept orders with lower production cost, how they want to pay for the monthly high admin cost, overhead cost, loans etc
So they forced to take in orders with losses and these continue for sometimes, they may be forced to close shop. This is a reality.
In China, it already happened many many factories closed and cleared their stocks on clearance price. I think this will happen over here as well.
So advisable dont touch glove counter,
There are many investment companies intentionally created good scenario so they can clear their heavy stocks on hand

TG is the trouble maker.
Every one is selling with a break even or small profit margin. However TG unable to secure the orders due to too bad reputation, so they disturbed the market by selling below production cost.
Are Gloves counters totally see no future

Base on few months back and current Average selling pricing and factories not running in full, really hardy to believe they can make profit in this quarters and many quarters to come.

not trying to misleading as this is a real facts especially EPF is disposing off all their glove counter shares, there is no doubts they still have very less andbut they are trying to let go all.

all big players started few months back to sell gloves counters as they have already know that it is a sunset time.

Gloves demand dropped tremendously, most of the factories in Malaysia is running 50% of their utilization capacity, should be happy if any one of them can run 60 to 70%
Currently the world gloves is pretty overstuffed.
In China, most of the factories closed down and cleared their stock at very lowest price.
This scenario will continue in many years to come, so advisable do not touch on ALL the gloves counters

Happy to sell all i have at 1.21
Will not touch this counter again

there are many proxy fake buyers so sell before regret

Guys, it is a good time to sell now at the current price before they release the QR,
current price at 1.21 is still consider over value.

Lets share the whatever value info and make sure all our hard earn money will not flowing to the cunning people

Guys, How to expect a good QR ?
The coming counter is a base on Mar, Apr and May 2022.
Comparing with the preceding quarter, Gloves selling price dropped about 80% and sales dropped by about 100% or more.
Unless they use magic hand otherwise dont expect for good QR results

Hahahaha.... They just wanted to cheat and and push out more of their current shares to the market.

Hopeless counter

They created the news saying that the major shares holder is keep buying from the market and shares buy back etc but this is a trap to cheat all those no knowledge / no experience buyers. The reason being they have set so many nominee account and release the shares.
You will see the share price will fall below 1.00 very soon.

Take Care

TG Products reputation on quality is no good all these while, they sold well during the pendemic just because buyers in panic status and afraid could not get the supply so even rubbish glove stocks from TP also they absorb.
Since demand period is over, therefore they can not sell their products now, they lower their pricing now to attract buyers.
Unfortunately, the buyers will not get back.. So How TG can make profits ?

I heard when in normal time, no buyers interested in TG products, other than quality no good , always cheating to pack short quantity, in the case of 100 gloves, they always pack with 80 -90 gloves, can claim their product is cheap and efficiency
NONSENSE

TG is the only very big trouble maker in the market, lets not support and forget the existing.

Please always dont trust this counter --- TG
In the market AVS is about 21.00 / ctn minimum with the profit of 5 to 10% maximum.

TG is only offering 18.00 to under cut their competitor, 18.00 is for profitable.

So obviously TG is desperately need the sales revenue to do some fake account

TG is not worth to keep for investment, Reputation is too bad on quality.

dont wait for rebound to cut loss, still the right time to sell

Beware
For sure market will not be good for gloves business for many years to come. if rebound happen, clearly the sharks made it higher to run.

advisable to sell and cut loss as the situations will not be improved for many years

TG inability to clear high inventories, market ASP is approx 22.00 - 23.00, but buyers can now get just 18.00 from them, it is a bad sign for this counter and of course all the gloves counter as well

run quick, they have no orders and willing to sell under production cost
they will continue to operating at a heavy loss for many quarters to come

They have nothing positive so desperate to dispose off the shares which they got it from private placement at 0.10 per share
Beware and lets not falling into their trap

Avoid con counter KTB,

fake buyers and seller, the same gang buy and sell to attract buyers so they can throw

Conn counter

seems like bad news is coming

hopeless

I dont think it is worth to invest counter

still the right time to collect this counter. Good luck

the reasons being they have made continuously profit which have met the criteria set up by bursa

it seems they will announce to move out from PN17 status by end of the month

Beware,.....they are not ordinary thieves, once they are thieves, forever they are thieves

They will be severely punished by the authority sooner or later for their very dishonest done.

JR, somehow the present set of thoroughly very incompetent, very inafficient management people need to go ,otherwise 10 -30 years also cant boom. haha

yesterday the announcement on PN17 status, can anyone share your views ?

yes... sure many good things are coming, good luck guys.

Thks CK1973 for sharing yr views, heard they will have a set of new management from a listed company , they are actually holding the majority shares since few months back.

after the write off the debts and land revaluation the negative NTA (0.15) will be on the POSITIVE