European Stock Futures Sharply Lower; New Virus Strain Raises Lockdown Fears Stock Markets By Peter Nurse Investing.com - European stock markets are expected to open sharply lower Friday on concerns a new Covid variant...
When the trend reverse, everything becomes positive.. Lets start with analysts reports, ASP moving up, supplies down, demands up, US ban settled etc etc..
What else? Price limit up. Shorts sleepless nite starts tonight.
KUALA LUMPUR (Nov 26): Rubberex Corp (M) Bhd registered a net profit of RM25.22 million for its third quarter ended Sept 30, 2021 (3QFY21).On a quarter-to-quarter basis, Rubberex saw its net profits decline by 61% at RM25.22 million from RM64.66 million last quarter, while revenues were down to RM94.9 million from RM176.61 million. Earnings per share had also declined to 2.98 sen, from 7.78 sen from a quarter ago.
The Rubberex mnagement foresees further softening of glove ASP, especially in the nitrile disposable glove division, to be present for the remainder part of the year. Slower order uptakes from customers are also expected to adversely impact on the Group’s fourth quarter results.
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....
Larn
280 posts
Posted by Larn > 2021-11-26 15:57 | Report Abuse
not far away from limit up..