well, malaysian kabinet gagal #2 (recycled waste product from kabinet gagal #1) is taking a helluva big risk opening up & loosening up everything when daily infection rate is still in high 4 digits
Posted by Knm_bottomed > Oct 11, 2021 12:53 AM | Report Abuse
so you think MARGMA is a bullkrapping fearmongering association, just like shorting cartel boys & girls gang la
can simply be spouting bullkrap out of their arrse just like you all for the media to publish la
okay la, whatever you say la hor, everything you say must be correct la
hor
Posted by Snowpiercer > Oct 9, 2021 9:58 AM | Report Abuse
Who are members of MARGMA? Sure say got shortfall. The fact i think it's not. And such a low tech industry, low barrier to entry, no competitive advantage.
yep, precisely, the frontliners always gonna be there
Posted by Starship2 > Oct 10, 2021 2:08 PM | Report Abuse
Gloves are usually one-time use product..My feeling is even covid becames "endemic", fear of contacting the disease, especially for medical staff will always be there...and using them is also hygenic...So the practice of using gloves that peaked due to covid will not decrease very quickly in my view.....
Whether Glove ASP is dropping fast, this in turn will allowed Glove Buyers to order more stock from Supermax and its cash pile of RM 1.30 per share will allow Supermax to acquire smaller Glove company at bargaining prices...
shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down further
Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia
So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang
shorting gang are not really concerned at all about us losing our money, that line of talk is just simply their complete bullkrapping
they're really only concerned with themselves losing their money, when their desperate pathetic bullkrapping fearmongering does not work on us any more & they fail to drag down the stock price further
Cash is King, I prefer RSS Shorties keep on pushing down the Supermax share prices, so that we can easily buy undervalued and cash rich company at very low price, the dividend yield will be higher when share prices are low, since Supermax have Glove venture in US, it will have strong profit growth eventhough ASP is lower, thus will also bring down the raw material costs for Glove production...
Hahaha, those useless RSS Shorties today again failed to bring down the Share prices unless ppl are selling, but who will sell a Jewel company with RM 3.7 billion cash in money market plus current ratio is 2.62 times, it means what ever the ASP prices, Supermax will continue to make profit in the coming quarter...
MoneyMakers, with due respect, pls be informed Supermax have only business partners in USA, but no confirm plan to built factory yet, may be set up distribution agents in USA...
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....
MoneyMakers
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Posted by MoneyMakers > 2021-10-14 14:05 | Report Abuse
Slow day stuck boring range..zigzag down nicely while waiting for Nov/Dec QR massacre