You must be kidding Super can command 0.88 sen when there is 2.721Billion shares And makes only 4.5mil profit. In the EU & USA, Market never talk about Covid so there is no urgency to stock up supplies. As a matter fact USA has downgraded Covid as a Winter Flu. I think Super will hardly makes it above 0.40sen if Net profit continue to wave around 4--5mil profit next year 2023
BCAREFULL...THE NEW PM IS COMING...HE MIGHT BRING IN A FULL YEAR UPTREND RALLY...THE LAST FULL YEAR UPTREND RALLY HE BROUGHT IN...HOUSEWIVES NOT GOING TO VEGETABLES MARKET...INSTEAD WENT TO SHARE MARKET...BUY ANY COUNTERS OSO UPTREND...MAKING MONEY N PROFIT...MALAYSIA BOLEH...NEW PM BOLEH...
November 24, 20224:57 AM GMT+8Last Updated a day ago U.S. extends tariff exclusions on Chinese COVID-related medical products including gloves !
NatsukoMishima
4,749 posts
Posted by NatsukoMishima > 1 second ago | Report Abuse
Habis malaysia glove , ASP drop to 10 - 12 , cost higher than ASP , continue net loss burn cash flow until winding down ! More worst scenerio for malaysia glove to come soon !
Banker good heart pump to rm 1.xx within 2 months for u save capital but all the greedy still want higher n higher now deflate to 3x sens for u all to cry tearless !
Supermx biggest mistake is overestimated their investment in US factory before surging costs , now the USA site sure will burn their cash flow kaw kaw until 0 !
AGM nothing extraordinary. A lot of unhappiness over granting or issue of { share grant under LTIP } to eligible directors and staffs more share dilution. Outlook for gloves still cloudy facing more competition from China puts more uncertainty
Ya better all exit, rumours boss don't want glove business and want to sell, boss will take private, then sell to china man. Price not good, only 0.90 to 1.1. Nta 1.8, minority shareholders sure cry...but u don't have choice...take it or wait for close shop like japanese guy natsu??? comment
China covid19 surging cases trigger widespread of medicine shortage . China had banned export of medical supplies in 2020. I wont suprise it will ban it again in 2023 when cases surges to the new high.
China is likely experiencing 1 million Covid infections and 5,000 virus deaths every day as it grapples with what is expected to be the biggest outbreak the world has ever seen, according to a new analysis.
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....
rr1688
3,170 posts
Posted by rr1688 > 2022-11-23 11:38 | Report Abuse
Low quality rubber gloves competitors stop production due to zero covid instruction