i dont see why to buy this stock it will take times to build the plant etc, currently the glove counters already making good money should be better to invest why wait for future ...
If you got only limited capital & you want to grow it fast, you do not buy a company which is already doing well currently, becos it would have very little upside
Instead, you buy a company which is just turning around or just starting in a new business, becos it has much bigger upside
Placed FD here for 6 mths.....Don't care up or down. If down placed another FD and wait for 6 mths. Ppl still can rushing to buy top 4 glove counter why worried abt luster... Luster got construction business, recycle, audio JV with china, casino and glovemaster.... U expect like Others goreng counter meh...luster is not for goreng goreng.....
Same gangs of operators who goreng anzo half way and shifted to luster to lure young investors !!!! Clearly show they have pocketed huge profits and all cabut to cash out in nearest ATM !!!
ya we need to be extra careful also you can see GPA , AT , now Luster all on announcement on glove venture push up than let to down , at the end whether they actually kick start the project ??? or goreng goreng and licence
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....
WealthSoWonderful
2,596 posts
Posted by WealthSoWonderful > 2020-10-23 16:14 | Report Abuse
Just unfortunate coincidence