KUALA LUMPUR (Jan 13): AE Multi Holdings Bhd has bagged another project to set up the production facility for PNE PCB Bhd, a new entrant to the rubber glove industry.
The company filed its press statement to Bursa Malaysia announcing that its unit AE Multi Industries Sdn Bhd has received a letter of award from PNE Glove Sdn Bhd — a unit of PNE PCB Bhd — to design, build and deliver on a turnkey basis a glove-manufacturing factory of up to 59,000 square feet within eight months.
The factory will have the capacity to house up to 10 glove-dipping lines for the sole-purpose of manufacturing medical grade nitrile gloves, said AE Multi.
PP was done at 15 sen late last year. Sure the company will push the price much higher soon. Or else they will have unhappy private investors. Word has it they have a few more announcements coming up
Lets wait for hidden hands to press down the price of this tech stock to 8c and below, we should gang up the gamestop way to accumulate its shares at 40% of its current NTA, take over the company to remove all the directors who r the collaborators of the hidden hands.
Lol ...it your call & your own money ...do what you think , to u, is the best investment venture... if that your risks appetite , so be it..
Cheers...
NoEmo post : Hence, to make money, dun buy shares of ATM companies. Buy the shares of the uptrending loss making companies under Fintec's radar is a better bet for profitability.
Guys, this counter is trading at all time low, pre & post covid 19...PP issued amounting to 225M are all above current price...NTA is at 15cts .....worthwhile monitoring and taking a look ...
Guys, here I am again...this is an extremely boring and stale counter...but do keep it in your portfolio radar for serious investors......early bird catches its worms...
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....
Legend
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Posted by Legend > 2021-01-13 22:47 | Report Abuse
KUALA LUMPUR (Jan 13): AE Multi Holdings Bhd has bagged another project to set up the production facility for PNE PCB Bhd, a new entrant to the rubber glove industry.
The company filed its press statement to Bursa Malaysia announcing that its unit AE Multi Industries Sdn Bhd has received a letter of award from PNE Glove Sdn Bhd — a unit of PNE PCB Bhd — to design, build and deliver on a turnkey basis a glove-manufacturing factory of up to 59,000 square feet within eight months.
The factory will have the capacity to house up to 10 glove-dipping lines for the sole-purpose of manufacturing medical grade nitrile gloves, said AE Multi.