Q result will be out either today or tomorrow, PPE products demand is like glove......very high demand till shortage of PPE. Hopefully results is super good, then limit up.
If your trading is on technical, go to top gainers list and choose your favourite counter based on price per your budget, do the intraday scalping or whatever the strategy or tools. Sure-fire those are high volumes transactions as well as high price change value. Don't wasting time with counters that no power to do price changes. You are not a saints to do miracles of price changes by yourself.
Plus they have exclusive deal with seacera SDN BHD to distribute protective clothing that xdl manufactures ! Please go read about this, imagine they were into this business since qr2 started and that was the peak of covid-19 , imagine how much profit they would have made..with all that extra cash in hand now, I will definitely buyback some shares before announcing my next move or business plan
Qr 1 , EPS was at 0.27 , three times more than what the share costs ! Crazy stupid if you guys fail to realize this...if Warren buffet here he sapu all already
The company worth more than it costs...that's the very reason the company buying back its shares...extra cash from selling protective clothing especially in the large Chinese market, trust me they are cash rich now :) really can't wait for the qr !
And I can't believe that retailers go goreng notion and iconic where both companies still haven't produce anything yet...in xdl the PPE business started way in April ! That's literally the start of qr2 , they going to have one fantastic qr
Opening gap up 0.075 pretty cool. But question is how many want to continue, nonstop buying at this price, crashing the wall that also nonstop keep on thickening with chunks of dumping.
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....
Warren ala carte
363 posts
Posted by Warren ala carte > 2020-08-23 19:09 | Report Abuse
Quarterly report is going to be fantastic that's why they planing to buyback shares