I think there will be a rebound today before the downtrend tomorrow. I advise those who are stuck to use the opportunity to clear shares first and wait for MCO decision.
come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, when opec meeting deal, will fly to moon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming . want money just come
I said and many here said earlier.. gloves are the only companies that make big profit this year until all c19 issues solved!. Tech yes..will follow but tech are not growing as much as gloves coz it is already there for long and needs more research and investment for new tech to be develop. Recent qr from other sectors tell their profit is shrinking..
this morning anak_tuttut woke up and could not find papatua, anak_tutu asked mamatua whether needed to make a police report because papatua dah hilang lebih 24 jam. mamatua said no need la, papatua and his followers already took tut tut car and run road.
ATT: ATTENTION all Margin account holders ------------------------------------ Since RHB,PBB,MayBANK,CIMB,UOB N some other Bank related brokerage so KIASU n KIASI and red eyes that we (investor)of gloves related stock gap up fast & furious n made a handsome profit but they r jealous ,miss the boat n some even worst that they were caught off guard by issuing too much call warrant n going to loose their pants off or no pant at all n have a sleepless night That the reasons they have to think/come out with some dirty n drastic action to bring down the price, easiest trick is press the panic button by capping all gloves related stock RHB start the ball rolling n the worst is UOB (u know from where they come from?) KIASU n KIASI they r famous of
We have to united by boycotting those Banks even we are not margin account holder Take immediate action now , we will win this war against them (united we win)(disunited we lose) ALL THE BEST
Note: Those who have a/c with this Pariah/unethical Investment Bank please take immediate action to close a/c and change to other brokerage firm Lets them suffer by punishing them Let them taste the pains we suffer They hit us hard we hit them even harder
The coronavirus has infected more than 6.5 million people around the world as of Thursday, killing at least 386,289 people.
George Floyd, a black man who was killed while in police custody in Minneapolis last week, tested positive for coronavirus weeks before his death, according to an autopsy report from the Hennepin County Medical Examiner’s Office.
☝ *In the first quarter of 2020* export of gloves amounted to approximately 53 billion pieces. For 2020, MARGMA estimated world consumption to reach 330 billion pieces of gloves and *Malaysia is expected to provide some 220 billion pieces.* - Bernama
No quick end to shortages of medical gloves, says top supplier Malaysia Reuters -June 4, 2020 4:53 PM The global disposable gloves market was valued at US$7.6 bil last yea
KUALA LUMPUR: A global shortage of medical gloves due to a coronavirus-driven surge in demand will carry over into next year, Malaysia, the world’s biggest gloves supplier, said on Thursday, warning buyers to be wary of scammers promising quick supplies.
World consumption of the personal protective equipment is estimated to jump more than 11% to 330 billion pieces this year, two-thirds of which are likely to be supplied by Malaysia, its rubber glove manufacturers association (MARGMA) said.
It recently received more than a dozen reports of frauds and fake agents claiming to represent member companies for glove supplies.
Counterfeit company letters were produced to appoint bogus agents or potential customers were quoted “ridiculous” prices with a promise to cut short delivery time.
“Buyers are reminded that while glove prices have soared and demand is overwhelming, the industry’s supply is being fully booked until early next year,” MARGMA President Denis Low said in a statement.
“MARGMA foresees the shortage of gloves due to overwhelming demand this year to spill into 2021.”
The global disposable gloves market was valued at US$7.6 billion last year and is expected to reach US$11.8 billion by 2025, according to VynZ Research.
MARGMA, whose members include top-two players Top Glove Corp and Supermax Corp, also said worker safety and welfare were being monitored “critically” as pressure increases to step up production.
Last week, a group of European politicians urged the European Union trade commissioner to make sure higher demand does not become an excuse for exploiting workers, who come mainly from Bangladesh, Myanmar and Nepal.
The US in March lifted a ban on imports from Malaysian glove maker WRP Asia Pacific it had accused of using forced labour.
Developed economies, home to only a fifth of the world’s population, account for nearly 70% glove demand due to their stringent medical standards. 04/06/2020 6:07 PM
Mexico overtakes U.S. in daily number of coronavirus deaths for first time 3:20 p.m. (Singapore time) — Mexico reported more daily deaths than the U.S. for the first time on Wednesday. It had a record 1,092 fatalities, while the U.S. reported 1,045 deaths on Wednesday, according to Reuters.
That sharp jump in numbers was attributed to improved documenting, the report said, after growing criticism that its limited test rate meant most cases and deaths were not being recorded. — Weizhen Tan
The coronavirus epidemic in the U.S. is expanding and the U.S. still has not put the necessary infrastructure in place to prevent a major second wave in the fall, former FDA Commissioner Dr. Scott Gottlieb says.
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....
SeVen Tan
79 posts
Posted by SeVen Tan > 2020-06-03 23:49 | Report Abuse
degaht the reason why share price dropped explained by bankers https://www.facebook.com/watch/live/?v=3199348063459626
they are big shark, ask you all small fish tank it