New factory, less man powers use cos almost all run automation, safe freight cost, safe time delivery ,stepping stone to Europe countries which is big market etc.. Hence bigger profit in future
New College of London study suggests Omicron no less severe than Delta and variant variant largely evades immunity from past infection or two vaccine doses.
A total of 58 glove suppliers won UK 6 billions pound 2 years contract to supply medical gloves so each supplier won 100-150 millions pound contract value for 2 years
Import tariffs 7.5-25% on Chinese glove suppliers starting December will benefit and very positive news especially for top 4 Malaysia glove suppliers except Supermax as US CBP ban still ongoing
Due to import tariffs starting December Chinese glove suppliers market share in US currently 25-30% will be greatly reduced to less than 10-15% so greatly beneficials especially to top 4 Malaysia gloves companies except Supermax US CBP ban
If the foreign-sourced income is received in Malaysia by residents during the period of Jan 1, 2022, to June 30, 2022, the Malaysian government is offering a low rate of 3% of the gross amount. I surmise that this is like a promotional offer to encourage residents to bring their money home.
By implication, if the remittance occurs after June 30, 2022, the amount will be aggregated with the other sources of income and be subject to tax at the respective tax rates. This means that a resident company will be taxed at 24% while the resident individual will suffer the tax rate applicable to his income band.
KUALA LUMPUR: The one-off windfall tax or Cukai Makmur (Prosperity Tax) announced last Friday in the 2022 Budget is estimated to generate at least RM3 billion in revenue for the government.
Deputy Finance Minister II Yamani Hafez Musa said the tax will be imposed on companies with taxable income of more than RM100 million in 2022.
"The first RM100 million taxable income is taxed at a rate of 24 per cent and the rest at a rate of 33 per cent on a 'one-off' basis.
@masterus Us tax is higher compare to Malaysia. Remittance from country with high tax will not subject to tax again. Only country with low tax such as HK and Singapore or tax haven country will subject to Malaysia tax if remitted back to Malaysia.
The West keep kacau Malaysia companies. Then Malaysian companies keep taxed with various tax such Prosperity Tax and foreign sources income also kena tax. You think in Malaysia very easy earning money ah. If not because of the West Soros, our economy and money still stronger.
Supermx brazil is supply usa and canada market. Supermx malaysia is supply South America. No effect on the ban.!
Ryan83 Due to import tariffs starting December Chinese glove suppliers market share in US currently 25-30% will be greatly reduced to less than 10-15% so greatly beneficials especially to top 4 Malaysia gloves companies except Supermax US CBP ban 18/12/2021 11:47 AM
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....
NatsukoMishima
8,136 posts
Posted by NatsukoMishima > 2021-12-18 09:54 | Report Abuse
@DJoker89 IDSS lifted indeed a good news.
Now everyone can SHORT fly high counter.
Smart one will know which counter good to short.
Hahahahahahha...Hooray
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I think sharks will aim to over goreng tech stocks like MPI , D&O , GENETEC , INARI , KOBAY , UNISEM , UWC , pmbtech , SAM