This Ruberex very smart will only release qtr result in a very good timing when all glove counters up. Those who still holding can ride on some profit.
Good improvement in profit. But too bad its sales and profit are no way near Comfort. No wonder the take over price RM1.8. Good thing is it can ride along the goreng wave
nice timing there rubberex..QR announced exactly at the reversal of glove sector..well i guess its time for another bull ride for glove..july bull ride here we go!
Tomolo limit up 20 to 25%... Plus DJI up 430 point... Plus bskl will doing nicking closed half years indeks.... Trust me... Can buy ig got extra money..... Normally red buy, sell green... But 2 week glove is suffer... I personally think this week will up 5 to 7 day until next week....
Takeover offer at RM 1.80 is only formality and only to collect more cheap tickets to panic sellers at open market. With these kind of results which not even factoring in the new production capacity yet, who would sell at RM 1.80? Therefore the takeover would be non event and the prices will only go higher to potentially retest the previous high of RM 4.54.
In addition, the notes mentioned that the good results are mainly due to the nitrile segment and the new production capacity will be purely nitrile which will increase the annual nitrile capacity from 1.0 billion currently to 2.5 billion, therefore just imagine how much the profits will be once the new nitrile production capacity and additional increase in average selling prices are factored in the results!
chill la..its still early in the morning..leaders go 1st..laggard like ruberex go last..glove sector today u off laptop/hp for a week also no need to worry..the rebound is imminent..july will be the new bull run..go yum cha la don't think too much
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....
degaht
338 posts
Posted by degaht > 2020-06-29 17:08 | Report Abuse
dunno when the hell this rubberex gonna release qr...wait until grow old.