.Based on our sensitivity analysis, assuming ASP normalizes to UD35/1,000 pieces and hence with PER valuation tracking back to pre-COVID 5-year historical forward mean, current glove makers’ share prices are indicating potential upside from here.
"Note that current latex and nitrile ASP average USD50 and USD90 to USD110, respectively and expected to be higher in 1Q CY21," said Kenanga.
.Demand for rubber gloves to stay elevated ANALYST REPORTS Tuesday, 05 Jan 20218:40 AM MYT
KUALA LUMPUR: Kenanga Research expects demand for rubber gloves to remain resilient with the vaccine potentially taking years before it will reduce the spread of Covid-19 infection.
hello inix...merely recall bemillion said we are failure bomoh... what we can predict here is owner TCH always push 30% then dispose.. must know his pattern!
This shark not ambitious.. Always push 30 percent then pull down.. This is what I observe from other counter which controlled by him. Hope evryone earn money.!
iNix has 2 gigantic business opportunities, namely glove manufacturing and Covid-19 vaccine trading.
The recent resignation of auditor and appointment of new auditor has caused delay in review of iNix and L&S account to ensure that the consolidated account after the acquisition does not trigger change of business direction of iNix and complicate the acquisition.
The review of accounts is expected to be completed by next week and spa between the 2 companies will be executed on the following day.
All medias including 5 TV stations and at least 25 mainstream newspapers will be covering the signing ceremony event at L&S factory in Beranang and the guest of honour will be a high ranking government officer.
At the factory, all the media would witness the commissioning of the 3rd and 4th production line.
According to the the director of L&S, those additional production lines are expected to complete around CNY. Huat ahhh.
Thereafter, Inix would add 2 production lines every 2 and a half months. The targeted production lines on site is 14 lines and according to L&S, their have received order for next 2 years for all the planned 14 lines.
The expected net profit for all these 14 lines is RM5 million per month. Based on pe of 17x as per a stockbroker report, iNix should worth RM1.80 per piece.
The second turbo jet engine is the vaccine for covid-19.
iNix has placed order for 20 million trenches doses of vaccine at around RM200 per doses and will eventually order 5 trenches of 20 million doses or 100 million doses.
If iNix make 5% or RM10 per dose, the expected profit is RM1 billion or RM2.15per share.
iNix will give to its shareholders priority or incentive of 1% discount every 1,000 shares they owned with a maximum of 50% discount.
For example, if a person owns 30,000 shares, he or she can buy 1 dose of vaccine at 30% discount.
According to a source close to kkm, iNix has received the letter of support the importing of 10,000 doses of vaccine for testing. The vaccine will be brought for testing very soon.
If we combine the rubber gloves valuation of RM1.80 and vaccine profit of RM2.15 per share, inix should worth RM3.95.
iNix has 2 gigantic business opportunities, namely glove manufacturing and Covid-19 vaccine trading.
The recent resignation of auditor and appointment of new auditor has caused delay in review of iNix and L&S account to ensure that the consolidated account after the acquisition does not trigger change of business direction of iNix and complicate the acquisition.
The review of accounts is expected to be completed by next week and spa between the 2 companies will be executed on the following day.
All medias including 5 TV stations and at least 25 mainstream newspapers will be covering the signing ceremony event at L&S factory in Beranang and the guest of honour will be a high ranking government officer.
At the factory, all the media would witness the commissioning of the 3rd and 4th production line.
According to the the director of L&S, those additional production lines are expected to complete around CNY. Huat ahhh.
Thereafter, Inix would add 2 production lines every 2 and a half months. The targeted production lines on site is 14 lines and according to L&S, their have received order for next 2 years for all the planned 14 lines.
The expected net profit for all these 14 lines is RM5 million per month. Based on pe of 17x as per a stockbroker report, iNix should worth RM1.80 per piece.
The second turbo jet engine is the vaccine for covid-19.
iNix has placed order for 20 million trenches doses of vaccine at around RM200 per doses and will eventually order 5 trenches of 20 million doses or 100 million doses.
If iNix make 5% or RM10 per dose, the expected profit is RM1 billion or RM2.15per share.
iNix will give to its shareholders priority or incentive of 1% discount every 1,000 shares they owned with a maximum of 50% discount.
For example, if a person owns 30,000 shares, he or she can buy 1 dose of vaccine at 30% discount.
According to a source close to kkm, iNix has received the letter of support the importing of 10,000 doses of vaccine for testing. The vaccine will be brought for testing very soon.
If we combine the rubber gloves valuation of RM1.80 and vaccine profit of RM2.15 per share, inix should worth RM3.95.
ADD , WHALES not more bullet to pull higher already , i can confirm the HIGHER is current , too many SHARK is LEAVE GROUP ...only small shark is around .....not firecracker already , 101% DOWN TREND , the fake news , LEAK even weak of themselve .
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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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2021-01-06 18:04 | Report Abuse
If don't know , please not to correct people , show you LOWER IN CLASS .