At a particular time frame, if local production not enough to support local demand, who cares about export? Everyone place their own bets. Let's wait for a couple of weeks. We'll see how the sales go.
Our environmental friendly PP Non-Woven Fabric are odorless with high tear and tensile strength. It also has good uniformity with light, soft smooth touch and most importantly non-allergenic and hygienic. Due to their anti-corrosion and chemical resistant properties, they are widely used for industrial application.
These Non-Woven Fabric comes in a wide selections of colours.
Examples of their uses are: -
Hygiene
baby diapers or nappies feminine hygiene adult incontinence products wet wipes bandages and wound dressings disposable bath and face towels disposable slippers and footwear
Medical
isolation gowns surgical gowns surgical drapes and covers surgical scrub suits caps medical packaging: porosity allows gas sterilization
Filters
gasoline, oil and air - including HEPA filtration water, coffee, tea bags pharmceutical industry vacuum bags
These high quality PP Non-Woven Fabrics are manufactured by our direct subsidiary
Their non woven PPE is selling strong. Utilisation is at 100%. Lead time until August. Products used in PPE gowns and masks.. expecting a good upcoming 1Q quarter results and even better 2Q results! Market doesnt seem to be aware that they are in this business.....
Looks like a turnaround story for Tek Seng. I expect the operation to turn around after many Quarters of high impairment costs... wiping off all the operational margins. In December Qtr, impairment cost alone was RM30 m. which I believe is the last parcel of impairment write down. So the only direction for this March Qtr result is a profit ... which is a turnaround after so many Quarters. Share prices have been gradually rising up eg.. June 19 Qtr price was 23 c.. then Sept Qtr was 25 c.. then last week shot up to as high as 33 c... and today ... my God .. shot up to above 50 c. Looks like the there is a chance for the price to continue rise to reach above 70 c after the result is announced, Good luck to everyone.
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....
air01557
2,511 posts
Posted by air01557 > 2020-04-23 09:27 | Report Abuse
Its starting to move ...... slowly but surely