Will stay and further monitoring as I still feel this industry has big potential in manufacturing lines. By the way, just think of industries out there which could sustain in this pandemic already not an easy task not to say numerous need to cease operation. And, making less profit does not mean the business loss, it still making profit. Please correct me if I'm wrong. Just 1cent of my opinion.
"Pursuant to the earlier announcement on the diversification into the glove manufacturing, the Group had identified a piece of land whereby the sale and purchase agreement will be finalised soon. While waiting for the completion of the sale and purchase agreement of the land, the factory building plan as well as the high speed double former dipping production lines layout and structure has been completed. Orders have also been placed for the materials for the construction of the factory building as well as for the construction of the machines. During this construction period, the Group, with the assistant of its partner, has managed to start the trading activities for the gloves. The Group has also started to place order for the raw materials for the glove manufacturing. The marketing activities have also started and is expected to close certain sales contracts in Q1 of 2021 and the manufacturing operation is expected to be started in early Q3 of 2021."
The Group will continue to explore the opportunity in the relocation of business from China to South East Asia pursuant mainly to the trade war between China and the the United States of America as well as most of the companies’ strategy to extend their manufacturing source outside of China as part of their risk management strategy. One of the project from China is expected to start in Q2 of 2021. During this Covid-19 pandemic, the manufacturing segment will further improve on productivity and cost structure in order to position itself in the current competitive and uncertain market situation. The Group will also continue to explore the opportunities and expand its existing hygiene and healthcare products.
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more negative comment incoming, good sign. Player throw out ticket so everyone have chance to enter the boat with lower price. oh yea. more negative comment come. GG masuk long kang
forum members must buy then only mother share can break 18 cents So lets push it after lunch so that others on the sideline will jump in which will push it higher
Top up more. 2021 Q1 Q2 Q3 also got project coming, revenue 100m is not a dream. Ikan bilis troll by december Q4 result. whoever stay high level, average down, sell car sell house
Same as vivo and dnex , all blame bad stock , lost Money company , bad operator , shark . but I dare to buy and willing take profit when price up.. i make huge ... off course temporary kill by this Loster now hahah
and also different industry.I person that manage a company well doesnt mean that he will be able to manage another company well too.We have to be more mature here.Luster is too heavy already
Thanks for the great news shared. Surely this is a good sign for progressive growth. Also a gentle reminder, yesterday mostly red sea due to oversea factor.
luster i no a glove company, we can see that all glove is downtrending and luster for weekly chart is still uptrending, luster is just jv and diversified it business, conclusion luster is a recoevry stock with is manufacturer, property construction and gamble cansino 5digit at combodia.
dont see solid growth? Ofcos, it already mention coming Q1 Q2 Q3 have more business opportunity already, and Mr chuah just join Oct 2020, what do you expect ? one night burst up revenue to 100m? he is doing business and management, not TOTO.
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....
Rosli74
13 posts
Posted by Rosli74 > 2021-02-25 18:52 | Report Abuse
Im out...already break support...next level 18.5