high infection rate,means people still want to see doctor for assessment and checking..so demand still there.but as long as death rate is low, economy more important lo
@Billboard Low vol but does not break lower low 12/07/2021 3:50 PM
I think that's a good sign , likely Supermax retailers/supporters are holding tight tight and won't let go cheap cheap. The long hauler can slowly nibble the shortists shares up, buy and keep, slowly short squeeze them. Don't cut loss or earn nasi lemak profit, but collectively hold for >5.0.There's so much to look forward to as below:
1. potential sbb by Stanley, so cheap for Stanley to SBB now. 2. potential good dividend reward for end FY21, so much earnings to distribute. 3. potential OGM deals updates, with coming wave the urgency for strategic supply chain will be higher. 4. potential US expansion update. Such expansion would now be seen as a smart move in light of current halted operation due to EMCO. Cannot put too many eggs in one basket. 5. Potential suspension of RSS due to worsening economic conditions for retailers. 580,000 MSME owners will collapse if lockdown persist. Many of them likely to be retailers at Bursa. FM need to assist by suspending RSS like last year. 6.Covid coming big wave could wreck havoc to the global healthcare system worse than previous waves. ASP may start rising again due to acute glove shortage. Remember 80% of the global population have not been vaccinated yet. This time it will hit many more countries which were spared in previous waves much harder, and infect wider demographics of the population, therefore glove demand from these new markets will be exponential.
With FPE of 2.4 at current price, there's nothing much too lose. Whereas all other sectors will be hard hit, gloves will continue to earn supernormal profits
@uplanet. Yeah. That time Facebook get listed also drop almost half of its value. Snapchat also same. But didi got to do with Chinese regulators. Only willing to bet small first haha
Looking to invest abroad. Malaysia only keeping Frontken and Genting. Better stay away from Malaysia market. Look at ocbc. Share price so high. Malaysia banking shares flat
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MoneyMakers
7,659 posts
Posted by MoneyMakers > 2021-07-12 15:09 |
Post removed.Why?