XDL estimated to invest approximately RMB5 million to modify the existing production facilities and upgrading machinery components to cater the requirement for producing the protective clothing products and it is expected to be completed by July 2020. Upon completion, XDL would commence the production by August 2020.
Alll countries in global started to reopen economy, fears on a 2nd wave Covid19 infections, demand of PPE is surging....logical thinking, will XDL has potential to receive big order and has a great profits?
We should be worried IF the company's fundamental is not healthy, low cash flow, lots of debts, but XDL is so healthy and will has a great profitable business very soon, so just need a little bit patience, the rewards soonly will come, buddies, stay tune, let's huat together, cheers!
Now you buy in at 0.06, considered very cheap and offer price already, if price surged to 0.10 (considered lowest margin, lowest target price), give you 66% gain in profit, is it nice?
We shall feel more confidence as XDL really seriously invest big money into setup proper machineries and facilities to produce good quality of PPE, not just play play masak-masak, so that it's quality can be approved to supply to US and Europe countries besides China and Hong Kong. If US-China trade war, then will do production within Malaysia, then supply to US from Malaysia.
Covid19 only can totally resolved after effective vaccines created, meanwhile, only can waer proper PPE, social distance and personal hygience control to minimize the spreading. Sorry but not say impossible that 2nd wave of Covid 19 will come after re open economic if not follow to SOP as educated due to poor self disciplin and lack of awareness. So, wearing PPE became a norm now, benefits to all related companies related to this industry, almost all covid related products' counter share price had been increased to very high PE, even some with negative income and weak in findamental history..... BUT, XDL is one of the cheapest counter with STRONG financial fundamental you can find in market now.....So, what to worry about, much much far cheaper than the fair value it should be.... XDL deserved better than this....
Should be investment If keep for medium or long term (if the company got good potential for further growth in the future), if play contra then can be gambling also depended to the behaviour of the investor himself. 13/06/2020 5:44 PM
Sorry for typo it is 0.065 at 500k unit. I need to plan cut loss strategy or average it down. If can have clarification on XDL intended market segment for none medical mask and ppe will surely help me to do so
On Monday sell small portionof volume at higher price for first hour to test the market response. If the lorry /lorries responded with lower, lower price then withdraw you selling
Thanks kopimilo for the suggestions. I am not able to identify the none medical mask and ppe targeted customer as it is not mentioned anywhere. This could be the reason the good news has no power to bring the stock up. Sifu Rocket can comment on this?
Thanks sifu Rocket. That means when the xdl start to export then we'll see the money. If their ppe and mask are medical grade then it confirm fly high as current covid number in US and the rest of the world is high. I could be wrong though
What I can think of non-medical ppe will be in the hair saloon industry world wide, especially the barber/hairstylist, maybe customers too if they feel better self-security. Anywhere, workplaces, etc, while the social distances less practical to be enforced amidst the Covid-19 still rampant ppe is the best way to reduce propagation of the virus. Now the airlines industry going to resume without social distances enforced, just minimum face mask and gloves, so the passengers with very extra conscious may have non-medical ppe for peaceful mind all along the flight time.
My darkest fear is fake account report. If cash rich and good profit counter which is having such low share price. The owner will usually announce privatisation. Then withdraw all the cash and relist the company like what Maxis and other company do
Kopimilo What I can think of non-medical ppe will be in the hair saloon industry world wide, especially the barber/hairstylist, maybe customers too if they feel better self-security. Anywhere, workplaces, etc, while the social distances less practical to be enforced amidst the Covid-19 still rampant ppe is the best way to reduce propagation of the virus. Now the airlines industry going to resume without social distances enforced, just minimum face mask and gloves, so the passengers with very extra conscious may have non-medical ppe for peaceful mind all along the flight time. 15/06/2020 8:32 AM
Anwar is much better than others as PM9 simply because he had firmly believed in multi-racial political party and fighting against the cronyism since 1998.
Malaysia if wanted to revitalizing its economy and reinstalling back racial harmony, Anwar is the only politician that we could bet on. No other alternative!
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....
Swee4913
45 posts
Posted by Swee4913 > 2020-06-12 15:34 | Report Abuse
Same pattern again, so many good news also no power,