Look at careplus,harta, supermx latest qtr reports all profit margin were increased. Believed rubberex will do. Looking forward the coming superb report
Malaysia’s AT Systematization Expects MYR860 Mln Annual Revenue From Glove Venture
By Kuala Lumpur Newsroom NewsRise
KUALA LUMPUR (Oct 28) -- Malaysia’s AT Systematization, an automation systems maker on Wednesday said it expects glove manufacturing business to generate annual revenue of 860 million ringgit ($206.51 million), based on maximum production capacity of 2.6 billion glove pieces per year.
The first production line will commence in early December 2020 and contribution will start in financial year of 2021, the company said in a statement. Two new glove dipping lines will be installed in every subsequent month, bringing its total output to 2.6 billion pieces by June 2021, it added.
AT Systematization will invest a total of 120 million ringgit for the installation of 13 glove dipping lines, together with related facilities and new building, said Managing Director Choong Lee Aun. The company plans to have a total of 20 glove dipping lines.
“The lines 14 to 20, however, will be installed in a new plant to be decided later,“ he said. “We are confident that our new glove manufacturing business will breakeven in less than a year.“
Chong said that the long-term growth prospects of the rubber gloves industry are intact, given the increased awareness of the importance of gloves following the pandemic. 28/10/2020 3:05 PM
Guys ........ just runnnnnnnn....... nothing hope for this counter.......sorry for those not agree and thank you for those agree me...we can have long term partner. Good luck and take care...
chill guy ruberex is in final leg consolidation and build stronger base before next run up. Hopefully the coming Q earning is strong and push the price higher.
Think positively, Rubberex counter is the strongest glove counter for today, the rest of the glove counters drops more than RM1. Mahsing is not countered as i never considered it as a real glove counter.
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....
robert88888
1,177 posts
Posted by robert88888 > 2020-10-27 16:40 | Report Abuse
Nicolas gone gone不学无术, 闭门造车, 班门弄斧