TOP GLOVE - AGM 1) Compounded increase - It means that this current quarter and next quarter will also increase by 30% for each quarter; (i) 1-3 month increase by 10% every month; (ii) 4-6 months increase by another 10% every month;
2) Illustration: - Assuming last quarter's selling price was at USD80 for normal order, it will be selling now at: - (i) January (+10%) = 88usd (ii) February (+10%) = 96.80 usd (iii) March (+10%) = 106.60 usd (iv) April (+10%) = 117.20 usd (v) May (+10%) = 129.90 usd (v) June (+10%) = 143 usd
3) Hence, from USD80, it will increase till USD143 per ctn = 58% increased;
4) For Spot Order, the increase will be more severe. Assuming last quarter's selling price was USD120, the increased will be by 58% = USD189.60 per ctn!
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....
True
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Posted by True > 2021-01-04 14:46 | Report Abuse
Better than go play penny stock