When we tell people the shares of this company was overvalued one year ago, there is always a reason why we came into this conclusion. Those who refused to listen, congratulations on this expensive lesson.
Price still above pre-covid... before covid was 70 cents, but now earnings lower than 2019. This one... GG... will drop to 70 cents or lower, that is the support line.
World no.1 tai go also cant tahan anymore and will become KAREX 2.0 soon ! The world is flooded with rubber gloves that causing pollution problem , EU will slowly control the use of disposable rubber gloves soon !
This reminds me of Harta and Kossan's latest QR. When those were released that time, no significant drop for the first few days. But what happened now. Supermax has no exceptional too.
@cbmytrading, if successful then you have to be more worry. high cost but selling price is low. where got margin. companies around the world tried to move their manufacturing into low cost countries eg vietnam, india. this supermax want to manufacture low cost product in high cost country lol
@618,totally agreed what you said... super drive the reverse direction to set up factory in high cost country...another point CBP can be revoked this year? with CBP issue how can be US or UK's expansion brightful or promising?
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....
Ryan83
1,835 posts
Posted by Ryan83 > 2022-05-24 10:21 | Report Abuse
Supermax will report more worse QR tis week compares to last bad QR