Inix Technologies Holdings Berhad (0094) Secures Additional Production Lines 7 December 2020
A trusted source updated that Inix Technologies Holdings Berhad (INIX) has just successfully secured an additional 10-15 glove production lines.
Rough calculations on a minimum of 10 lines will likely bring in an estimated 70 million pieces per month and together with the existing 2 lines they have recently purchased, INIX will soon have an annual capacity of 1 billion gloves. This does not include the 14 production lines in the pipeline under their newly purchased L&S Sdn Bhd, will will eventually increase its production capacity to 2 billion pieces annually.
INIX is currently trading at RM0.48 and TP based on this news should increase to RM4.80
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Batmanreturn
78 posts
Posted by Batmanreturn > 2020-12-07 13:47 | Report Abuse
Proper business, not goreng share. Business turn around n profitable