exactly, meaning they dont see any investment opportunities at the moment. so they buy back the shares and reward top management with share. nothing to do with shareholders.
---- WHAT IF ----- china is doing this on purpose, special lockdown to trigger another supply shortage to western companies. dem super powers testing waters
EU may collapse soon as us don't want EU too strong until can challenge us supremacy. EU is currently leading by Germany and France which is disobedient to us.
Hope Supermax give timeline updates on their USA glove factory like usagloves, very well done with the pictures and explanations. https://www.usagloves.com/factory/updates
The calm before the storm. Supermax has never been proactive in everything and they been hiding many thing too. Till you realise something is fishy behind, it is too late already. Which is why investors who knew this stay far from this counter. The past history is always a mirror.
Majority stubborn retailers who refused to let go still suffering from "paper loss" so far, not knowing when to release depending on their price. Those who had cut loss earlier relieved. Do not take SBB as an indicator for buy in as Supermax has a lower averaged price. The rule is still the same, to push up higher and trap more. Unless if you have excessive cash preparing to stuck for a longer time.
You are just speculating it will fly. On what basis? ASPs increased? No, so far. CBP revoked? Might not be in this year too. US' expansion brightful? You could only hope that but in real many already has the answer. What I see is glove oversupplied, operation cost is high, sneaky management and many other more from the latest QR. Think wisely before you buy.
Right now Supermax has discuss with USA custom abut the forced labour issue, tentatively will be solved in Q2-3. Supermax SBB at RM 1.10 very good move for shareholders to increase its value..
Food for thought. Why is this selling, if as claimed of so good and underpriced? Your boss been SBB for so long, perhaps asking some of you here to promote, yet still this selling? Don't you guys wonder and ask your boss what is happening?
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....
Knm_bottomed
1,122 posts
Posted by Knm_bottomed > 2022-03-15 20:31 | Report Abuse
People dying like crazy in china! They collapsed https://medriva.com/china-at-a-covid-tipping-point/