its a matter of time..without CCM product all glove company will halt production..in other word CCM is the key supplier to glove..CCM will rocket in no time..still warm up to allow others to join the ride..so dont wait and grab the ticket..
@caesaricy , are you a day trader or a long term investor that can hold a bit longer? If you are long term investor and can hold just grab CCM at 1.30 below and go to sleep early. Nothing will worried you. This share will jump up like prawn in a hot pot when the time comes.e.i. early September if I am not wrong. GLC company and good performance .
I also waiting for that lol...but in the dream cos 0.60 is the lowest during crisis time. Anyway CCM BOD's paid and compensate paid are too high comparatively. Their dividend paid can gradually cut down your investment capital in the long run if you kena hold here. Nothing to lose. GLC !
@ceasarlcy, my guess? retail players are slowly rotating from glove to pharma players as part of the wider "vaccine play" and all got a hardon for counters with words like "pharma" or "chemical" in the name
this is hot money coming in from punters (average transaction value = RM7k). its can disappear tomorrow, or it can stay for a week. just keep monitoring la
WASHINGTON: The United States has doubled its investment - to nearly US$1 billion - to expedite development of a potential COVID-19 vaccine by American firm Moderna, which on Monday (Jul 27) begins the decisive final phase of clinical trials.
billionn, I collected my Hari raya ang bao twice already, you still waiting for 0.60 here ? not tire meh ? Another round coming for Independence day .....lol.
Billionn, I think you are just joking around for 0.60. I invested in this counter at 0.86++level. My opinion this counter should hit the TP of 2.00 on the long run depend on the performance of the management team. Financially they are healthy with manageable debt but P/E is slightly high. They need to improve their ROE ratio. But history show that 8 out of 10 GLC is poorly managed and lost money with piles of debt behind them unlike our neighboring country where their GLC (Tamasek group ) is in top shape and closely monitored. The main reasons for those failures I think I no need to proceed further and everybody should know why ...lol.
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....
Louise4
389 posts
Posted by Louise4 > 2020-06-19 14:26 |
Post removed.Why?