Helped by Forex gain of 16 million. Muted revenues qoq. Let's see market response tomorrow but guess the market has spoken today if compared with other Big 3. So muted performance.
Bad result but good for Supermax share price . Everything become opposite now in our Bursa M'sia . Good become bad and bad become good . Believe it or not ! Boleh tetap boleh . Wait and see .
ya. the world go crazy nowadays. all the loss making glove company share price all shoot up but RIverstone (SGX) - the only glove company that having big profit the share price not move at all.
Depend on how long can the owners of glove companies support each counter. telusdansuci Bad result but good for Supermax share price . Everything become opposite now in our Bursa M'sia . Good become bad and bad become good . Believe it or not ! Boleh tetap boleh . Wait and see .
Some of glove companies like supermax had already gained more 20 years profit for 2 years pandemic. A few qtr -ve result will not hamper the growth of company. Furthermore, the glove now is heading in positive cycle where the profit lost is minimized compared to last qtr.
China gloves cheaper and more output in 2023. Which will cover worldwide supply. Malaysia gloves expensive, one time used gloves cheaper is better as cost effective for hospital n company used
You all know investment bank also cari makan . They said good will become bad and bad will become good . Sama sama faham sudah lah . Boleh dan tetap boleh .
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....
dompeilee
11,888 posts
Posted by dompeilee > 2023-05-09 18:45 | Report Abuse
Today's buyback was at a GOOD entry!