Agree with Calvin.. other establish and profit making glove stock like Comfort, Carepls, HLT, Topglo etc... drop but this share up because of an announcement going into glove sector ?
ke a deep look at their proposal, Low Bok Tek and his team are all very experienced in building glove factory and manufacturing of gloves. Remember, he was the Chairman and CEO of Latexx; which had been sold to a foreign company and taken private ! 09/09/2020 9:09 PM
Low Bok Tek the former owner of Latexx is injecting 86m to build a 12 dipping lines capable of making 4.5 billion gloves a year starting 2Q2021, assuming 20% profit margin, 4.5b X RM.35 =RM1.58 X 20% = RM300 m profit a year ! This is an RTO counter, don't miss the boat !
HAHAHA.... joke... veteran established gloves with proven operation, customer & 500% revenue was bashed down 10% everyday... while this joker stock getting ~35% limit up daily just for the glove venture news only... lolz... stock market nowaday... become a rubbish market...
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....
calvintaneng
56,542 posts
Posted by calvintaneng > 2020-09-09 16:03 | Report Abuse
Gets is another big con job
Better get out now!!
How to start glove company when there is no equipment or material available until 2021?
Better call up es ceramic, Hlt global or Kssc office and find the truth
Also call Luxchem and see got any glove chemicals?
Those who chased blindly will get caught in trap like those in Oversea, Inix, mscm, pdz, anzo and other con man stocks
Get out now!!