Glove counter going to shoot up. OMG Market crash around the world. New variant from South Africa now confirm in Belgium. EU in full alert. Brace for impact guys. Glove going back as darling on this tsunami.
Look at the biz before COVID for the past 20 years, it had very minimal biz and profits. COVID will one day be gone, what will the biz n profits be like after that? Maybe just RM10m net profit after tax a year, as average selling price for formers will plunge, together with glove.
today 30.11 21, kenaga investment bank comment that this counter next resistance level will be RM54 cents and RM 60 cents respectively, do not know how far can it surging up , I am wondering , any sifu please advise
No hope. All glove counter price already up quite a lot compared on 26th November . But this counter just drop back to the original price around 0.40 cents. And don't have any news regarding transfer to main board as they mention early will plan to transfer this year. Change BOD also not announce any new business for the company yet.
Posted by stockraider > Dec 12, 2021 10:26 AM | Report Abuse X
Betul loh...better becareful do not get caught loh!
Let Raider explain how Fintec Gang kon u loh!
And how u can spot the kon loh!
LU TAU BOH ??
This fintec people do not know...how to run business well....their objective is to play the stock market and operate their stock to kon people loh!
If their stock operations are not successful....their next objective to strip the company for cash or strip its other listed for cash to bail them out loh!
For example U will notice that Netx will buy into mlabs loh!
And fintec will buy into netx & so forth loh!
Where is the promise of Running Netx as the next Alibaba, Amazon, Alibaba, Facebook, Grab and tencent leh ?
It can never be mah!
Bcos this people do not know how to run real business well for profit mah!
The best they can do is to cook up very sexy stories like when GRAB is successful, they will come up with Gemsports loh!
When Gloves is successful they will come up with AT loh!
The strategy is to entice u to get trap in their share mah!
Even if the stock that has huge undervaluation and Cash Rich like NETX with net cash more than its share price, it does not help loh!
Take for example for NETX....they bought up some of retail units in SG WANG Plaza for only token Rm 1................but after taking over the company.....NETX need to come up with millions & millions to settle the companies owing...b4 they can lay hands to any vacant retail lots mah!
So effectively...it is a bailing out of its cronies loh!
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....
Stock Kingdom
1,005 posts
Posted by Stock Kingdom > 2021-11-25 17:22 | Report Abuse
20 cents were the comfort zone......