I have a feeling this counter will overtake comfort once their QR up to June be announced next month ! Remember , they are still the cheapest glove maker in terms of market cap in bursa !!
even vaccine out also not worry on ruberrex. glove is still required every time do injection. can imagine on volume of glove need to be used. plus 2nd and 3rd wave and so on... medical usage, glove still in high requirements.
Hi Guys, I have invested in Ruberex with 15% gain at the moment. Should i continue holing it or sell it off with the Director Buy back news at RM1.80/share.
those who want to hit & run, go to pharmaceutical counter, that's the pure 'Tulip Mania' event..those who want to have holding power & invest, go to glove sector..the price already tally with their QR & even future QR
i'll play with pharmaceutical sector when vaccine already bottled & distributed..i only interested with counter wehere their price already take into account of their QR
Ruberex afternoon got news coming? no news suddenly quietly exploded impossible, sure got insider news that has been buying thats why push the price so high suddenly if news come out sure limit up
Nah more like profit taking for those entered high previously, saw price suddenly spike up and just exit, they are missing the train. Ruberex should be on par with comfort price still can go upward
nicky Closed below RM4.40... end show ? 28/07/2020 12:58 PM
Ruberex's EPS is better than Comfort despite end March while Comfort already factor in better price April. Hence, Ruberex should be higher than Comfort.
Other glove companies capacity may rise 16% but Ruberex capacity will increase 150% from 1b to 2.5b by Q4 2020. And to 5b by 2023. This is stated by chairman in latest annual report.
Remember to trade cautiously, what goes up must eventually come down. Patience is key. Collect at drop and sell at rise or collect at drop and still collect at rise and sell even higher.
Posted by fisherman11 > Jul 29, 2020 9:49 AM | Report Abuse
Remember to trade cautiously, what goes up must eventually come down. Patience is key. Collect at drop and sell at rise or collect at drop and still collect at rise and sell even higher.
just like comfort, there's more room for ruberex..if price maintain around RM5.00, tomorrow will be another ride..i do believe ruberex can make around another 20-30 cents tomorrow
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....
joyvest
10,533 posts
Posted by joyvest > 2020-07-27 21:51 | Report Abuse
Next QR when?