i invest this company very simple... glove maker require hand former... and hand former also have life span min 6 to 12 months depend production level... hand former time to time need change to maintain the quality.. and this ice cream have factory at thailand.... malaysia 65% glove maker thailand 19%... so business to this ice cream got 84% haha..
their Q4 falls within Mar-May, entirely within the MCO period, which partly caused the bad results. Equity is forward looking, so should continue to hold on tight!
In fact, if we looked at their results closely, they were doing sales from their inventory as their inventory numbers dropped and receivables increased, next Q i expect them to do much more. Hand formers have a certain number of dips they could go through, with all glove makers running more than full capacity, they probably need to replace the formers more often than before..
Ding888 From my information the hand formers must replace every three months since the running capacity is 24 hours non stop The results is quite tricky just make your own decisions whether want to hold or sell
hmm a bit shock see the QR... but this escrem boss really very very funny.. mco shorter period of operation and do business still got time go and write off the goodwill...and make this qr report become red!!....
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....
wehcant
1,259 posts
Posted by wehcant > 2020-07-27 12:27 | Report Abuse
EPS 0.8. :-)