Glove stock really like gambling counter dataprp now , very high risk , u dont know what will happen next 5 minutes , very unstable , not for long term holder !
cash rich but price can't go up. WHY? can study other stocks with plenty of cash but share prices stagnant forever ma.... 1. management kiamsap. not paying cash dividend 2. BOD doesn't have a plan in favor of market direction. Market won't buy the ideas like planting more palm oil, exploring oil field, glove production expansion So market assume all the cash will deplete slowly because investing in low return investment.
very simple lar..... 1 rich man intended to borrow money from bank to invest in rice business. another poor man invented EV battery pack also goes to the same bank to borrow money to set up EV battery production line. U as a banker lend money to which candidate?
Bankers seldom lend money to new start ups like EV battery which are.very risky. Success rate for new technology start up is less than 10 %. Only VC or Venture capitalists will.fund new start ups. Funding is not lending which has a fixed return whereas VC funding involve buying up shares of new start ups. Founder of Grab Anthony Tan only hold 2.2 % of Grab shares today. A big chunk of his shares go to VC s. Normal Bankers prefer to lend money to more stable and predictable businesses .
--------------------++++-------------- monetary very simple lar..... 1 rich man intended to borrow money from bank to invest in rice business. another poor man invented EV battery pack also goes to the same bank to borrow money to set up EV battery production line. U as a banker lend money to which candidate? 07/12/2021 5:25 PM
Why take so long 1 month Canada investigation report on Supermax labour issue still haven't completed....Top Glove coming QR this Friday profits likely will drop around 30% compares last QR
i tot brand ambassador pjseow bang table during agm ??? **************** Why take so long 1 month Canada investigation report on Supermax labour issue still haven't completed
With 1.30 cash in.hand ,before it touches 1.32, supermx will sbb already. Lets wait and see. Dont be too happy first. ------------------ GlovesOff haha pjseow ready change id ? 1.32 incoming 07/12/2021 8:41 PM
"I don't think it's good news to have something that spreads fast," Bourla told The Wall Street Journal during an interview at the paper's CEO Council Summit. "Spreads fast means it will be in billions of people and another mutation may come. You don't want that."
Supermax net short selling continues to fall to lowest 20 millions shares equivalent to 0.74% as short sellers continues large share buy back at low prices every day
Share buy back about to happen anytime soon. With so low a price, it will be a fatal mistake not to buy back n company can easily afford to with the retained billions in its coffers.
When u have such a low price, u want it lower, then u will miss the boat forever. When opportunity shows up n if don't take it then it's a real pity. Yes it may go lower a bit but to wait, may just miss the chance.
Meanwhile, based on his channel checks, Tan said glove players have not seen an increase in demand for gloves despite the emergence of the Omicron Covid-19 variant.
---------------------- So donkeys here can stop spreading Omicron
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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....
Investor126
366 posts
Posted by Investor126 > 2021-12-07 16:29 | Report Abuse
Not SBB. Do not worry. Cash shall still reserve for other purpose.