Why no good? Cash rich debt free. Growth is confirmed. Covid still in rampage mode worldwide. I bought 1 million shares at 0.99 last week now already appreciate in value in less than 1 week. I dare the sharks to crash the price to 0.90 if they see no value in this company.
sometimes i also ask myself, company share buyback for 3 weeks straight and why no BIG UP. then ask yourself slowly up + strong support VS ROCKET UP / volatile support investor on the left / contra kakis on the right. the company taking control back dont want dem shorties to give bad image
This forum is getting more interesting. Apparently a liar here claimed to still hold at high previously, suddenly came out with another false statement bought at the lowest had deleted. Beware of scammer or promoter here who has no integrity at all.
Better to wait on the sidelines while the big players squeeze among themselves with low ASP. Only the strong will survive especially with China's Bluesail and Intco Medical which can expand faster than Msian players. I believe this year many new glove wannabes in 2020 and 2021 will not survive when ASP hits below USD25 when electricity and natural gas surging high.
Wahseh, look at the automation of glove factories in china. glove companies with low automation will feel the pinch when 1.5k min wage set in and lower glove price from china. making loss soon. RUN
SBB is in a way rewarding the shareholders though am i wrong? it takes out the free float in the market, making the value of each shareholder to increase dividends are just 1 off SBB increase the value of existing shares, providing the company doesnt do shares resale
think the mistake for TG/SUPERMX is they did bonus issue, without thinking the outcome after bonus, it increased the number of shares in the market, theres good and bad. if they didnt do bonus share, think share price wont drop that much and they can use megaprofits to sustain share price for long term.
in a way they did. topglove shareholder had the chance to sell shares back to company, its a good indication is price falls below the SBB price at. they gave their shareholders heads up but their GURUs kept promoting telling them to HOLD
like supermx last wall is rm1, small wall is 1.1 if fall below 95c you can see memang no hope liao problem with TG was the boss too ambitious, dont want to let the market flow normally. bull doze over to increase MARKET CAP, in the end injure ownself
Fly kite, maybe. As usual, Stanley does some monkey show. SBB is for his own interest if you refer back history. Enjoy the moment till the upcoming QR.
dont scare me lel, i firm BELIEVER already low low, very high upchance will just cutloss at rm1 thats my final straw and delete gloves counter from list
Supermax Corporation Berhad (“Company” or the “Group”) announced to Bursa Malaysia that its US-based subsidiary Maxter Healthcare Inc. has released the artist impression of its Advance Manufacturing Facility in Brazoria County, Texas, United States. This will be the Company’s 18th manufacturing plant worldwide and its first in the United States. The new 215-acre manufacturing facility will showcase cutting edge capabilities through expanded use of artificial intelligence and robotic engineering. The facility will be comprised of a total of eight buildings. Phase one will begin construction sometime in the second quarter of 2022 with glove production expected to start sometime in the second quarter of 2023. The Company had earlier announced an investment of USD$350 million on the first of four construction phases. The Supermax facility in Texas will cater to at least 10-15% of annual medical nitrile glove demand in the U.S. over the next two to four years in the first phase alone. The second phase will follow closely, meeting 20-25% of demand and consumption in the U.S. over the next four to six years.
The Supermax facility in Texas will cater to at least 10-15% of annual medical nitrile glove demand in the U.S. over the next two to four years in the first phase alone. The second phase will follow closely, meeting 20-25% of demand and consumption in the U.S. over the next four to six years.
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....
Maridien2
1,084 posts
Posted by Maridien2 > 2022-03-18 12:35 | Report Abuse
Why no good? Cash rich debt free. Growth is confirmed. Covid still in rampage mode worldwide. I bought 1 million shares at 0.99 last week now already appreciate in value in less than 1 week. I dare the sharks to crash the price to 0.90 if they see no value in this company.