Once upon a time, it was on the road to RM3. Now we are talking about rebounding from 1.6, seriously? Why would people even be willing to sell that low, especially when Ruberex is well-performing company with more milestones to achieve?
Sadly as smaller player Ruberex share price takes it cue from TopGlov. RHB TP of RM3 is not viable; and wonder why their Remisier are recommending to sell and pick up later at lower price.
Ruberex operates in three principal geographical areas - Europe, North and South America, Asia and rest of the world. Europe contributes the vast majority of total revenue.
We have to face reality Ruberex will trade lower in days to come. Cut loss and pick up lower price next week. Shouting in large caps RM3 is coming in December does not cut it anymore.
But logically budget approved or not almost got nothing to do with this counter, PN or PH or even no gov in Malaysia gloves still needed worldwide, orders still coming in
Genting Highlands confirmed that 1 employee of the security department has been infected November 25, 2020
(Kuala Lumpur, 25th) Genting Highlands confirmed tonight that an employee of the security department at Genting World tested positive for COVID-19 on November 24.
Genting Highlands issued a statement stating that this case was discovered during the group's routine health and safety screening procedures for employees and contractors, including medical tests.
"The employee was stationed at the unloading area of the warehouse and did not come into contact with any of our customers. The employee's activities are restricted to a fixed range and can be tracked. The confirmed employee is currently receiving treatment in a government hospital."
The statement pointed out that the Ministry of Health has immediately received the notification and launched detailed follow-up. Those who have had close contact with the employee are currently undergoing isolation and testing. The resort has been thoroughly cleaned and disinfected in the area involved in accordance with the guidelines of the Ministry of Health.
"We will continue to take necessary precautions to take care of the health and safety of all customers and employees as the priority. We recommend that everyone stay vigilant and follow the standard operating procedures set by the government, including wearing masks, keeping personal distance, and maintaining good health at all times. Hygiene habits." "
My comments - Covid-19 is contagious and can happen anywhere. Kudos to Genting for conducting routine checks on all their employees and detecting it early and taking responsibility by reporting it. Always stay safe and practice social distancing and preventive measures
Reminder: 1) ruberex is at 21 trailing PE. By next result would be lower teens. Don’t even talk about forward PE 2) next result going to be phenomenal a) increase ASP b) with additional capacity focused on Nitrile gloves 3) the stock is more or less cornered 4) the owner is aggressive in growth and stock movement 5) this stock has corrected >30% from the high. If not bottom, it’s close la. 6) everyone, and most of all the owner, is out to make money.
Just waiting for instructions from Santa to take off.
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....
TigerWoods
665 posts
Posted by TigerWoods > 2020-11-24 16:10 | Report Abuse
Whole klci down because of one fcking budget... as though we have not enough misery