I tell u all no point to invest ur money here in this counter because ppl here just goreng only up 1 to 2 cents enough ready ,,,they will just sell .....lastly the price wont go up as u expected... run while u can
Want to earn quick money go to gamble which is very fast. Don't apply the gambling concept in stock investment. It won't make a good return. Trust yourself
Ruberex have been up from 0.28 to 3.00 lately since March,is that impposible for it to go up back to 3.00?Think about it.Funny to hear people said impposible to go back up 3.00.They is high chance will go above 3.00 in near term.
So funny also to hear people arguing go up or down.What you get if cant go back to 3.00.argue for what.It is either up or down in the market.Everything possible.There is one same scenario happen to Topglove when USA ban Topglove,many people say Tg will go down to 17.00 and lower but at the next day,when market open from 19.00 go above 23.00 in a day.Even bad news can make a stock to up like that.Ruberex cant go above 3.00?Guys,anything can happen lah.
About Windfall tax ,dont worry lah.If government do windfall tax to glove sector,the big 4 will have very high chance to expand their factory to overseas.Thats will not benefit the goverment.Now the goverment already get many billion of ringgit from the glove sector corporate tax.High chance they will not impose windfall tax on glove sector.
KUALA LUMPUR (Nov 4): A windfall tax being imposed on the glove sector in Malaysia will be difficult to execute, opined CGS-CIMB Research, adding that should this materialise in the upcoming Budget 2021, it would likely be a one-off collection or payment to the government.
In a note today, CGS-CIMB said the difficulty is due to a lack of standardised pricing of gloves due to the variety in types, specifications and product grades as well as intended target markets.
Nevertheless, should this happen, it will have negative implications for the sector, particularly its long-term prospects, it said.
CGS-CIMB maintained "overweight" on the rubber glove sector.
The Malaysian government is set to table Budget 2021 on Friday (Nov 6). There have been growing concerns that the government would implement some sort of windfall tax on glove companies to shore up its coffers amid ongoing economic uncertainties.
This is in view of recent "supernormal" profits enjoyed by the glove sector, given the surge in both demand and average selling prices (ASPs) of gloves due to the Covid-19 pandemic, CGS-CIMB noted.
“For illustration purposes, we conducted a sensitivity analysis of the potential impact of a higher corporate tax rate. We found that a 5% rise in the corporate tax rate could cut the sector’s 2020 net profit by 6.5% and allow the government to raise an extra RM593 million in taxes for 2020.
"Based on our estimates, glove companies we cover are already slated to pay total corporate income tax of RM2.8 billion and RM4.7 billion for 2020 and 2021 [respectively], based on our forecasts,” it said.
If a windfall tax materialises, CGS-CIMB said it believes Malaysian glove makers may opt to expand overseas.
This could result in potential opportunity loss for the government due to lower future investment by glove players and its spillover benefits, it said.
Theres only 2 direction a stock can go up or down. You can find any arguments supporting it going up or down. any valuations or decision is based on your biased conclusion already. So no point arguing. Literally anything can happen
THE TITANIC,i agree with you,really no point to arguing.We are not god,we dont know what will happen in the next step ahead.Either up or down,everything possible.
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....
Alfonso
3,116 posts
Posted by Alfonso > 2020-11-04 14:27 | Report Abuse
jom prepare your weapons now, all the missle, machine gun, tanker, battle cruiser or whatever can kills, jom hantam to the max!