BRUSSELS (May 3): The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday.
"We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation actors and tackle oil imports," Josep Borrell, head of the foreign policy unit at the EU's executive European Commission, said in a tweet.
The latest round of sanctions would also affect Sberbank, Russia's top lender, diplomats said, adding it to several banks that have already been excluded from the SWIFT messaging system.
Surprisingly, these days still got people believed in gloves will LU?? It is good to have such dream but not realistic. Investors learnt from the past and the counter follows the boss' failure.
NOPEC: America's Last Stand Against OPEC’s Drift To The East By Simon Watkins - May 07, 2022, 6:00 PM CDT U.S. Senate Judicial Committee passed the NOPEC bill on Thursday. Washington ups the ante on former Middle East allies. The NOPEC bill could have serious consequences for OPEC as a whole, and for Saudi Arabia in specific.
OPEC comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.
From this, you can see Supermax should be going all the way down to below RM1 soon. Expecting a terrible QR plus some negative news coming real quick. Stanley is hiding it well.
The myth of Malaysia glove stocks is a past history gone case , once in a century n it will never never happen wake up anymore or second time ! Bye bye to glove stocks n thanks for creating a classic stock maniac in 2020 !
Supermax QR end of this month will be worse than previous QR profits RM40+ millions due to US CBP ban, depressed ASP price, higher costs e.g salary and logistics
Yes, why benefits the shareholder other than own pocket? Sure must find way to syphon those monies out. Ask your self this question if you are a late comer after this pandemic. Since when one benefited from glove counter? In what form? Dividend? Dividend also cannot cover your losing. Furthermore, dividends were only given lately after glove came down from it's peak. Many will deny the logic sense, but your money been trapping inside could have used somewhere else.
SBB provides assurance to investors that company is solid and price is undervalue. Last qtr results released by UG Healthcare (OBM company) shown revenues and profits increased qoq. Supermax should be the same?
Sorry to say, but your sentences hold no water. SBB provides assurance to ignorant glovers only. Top Glove as a very good example. If you are a real investor, or you know well of this company or the owner, you should had avoided giving such statements. Accept the fact that those golden days had passed. Gloves will not make such a come back in the near future.
KUALA LUMPUR (May 20): The UK High Court had on Wednesday (May 18) allowed a case against the UK government to proceed for its continued use of gloves manufactured by Supermax Corp Bhd due to forced labour allegations against the Malaysian company, legal news and commentary website Jurist reported.
"In December 2021, the UK awarded a contract to Supermax to supply the National Health Service (NHS) with disposable gloves.
"All the Citizens, represented by UK law firm, Wilson Solicitors, is suing the government for continuing its relationship with the Malaysian company, despite an investigation uncovering allegations of forced labour in Supermax’s factories,” Jurist reported on Thursday (May 19).
I thought the alleged labour abuse has been clarified and settled and no longer an issue by now. Why out of the sudden you get this kind of unexpected event?
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....
masterus
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Posted by masterus > 2022-05-04 06:35 | Report Abuse
BRUSSELS (May 3): The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday.
"We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation actors and tackle oil imports," Josep Borrell, head of the foreign policy unit at the EU's executive European Commission, said in a tweet.
The latest round of sanctions would also affect Sberbank, Russia's top lender, diplomats said, adding it to several banks that have already been excluded from the SWIFT messaging system.