desperate hard sell has the opposite effect on Malaysian retail investors
by now most Malaysian retail investors are already "experts" in Gloves
Malaysian Retail investors can tell you which company has how many factories and their daily or annual glove productions pre and post expansion capacities.
some can even tell you the statistics of US glove companies, where it is located and their daily and annual glove productions.
Building houses u r the best & making gloves will be the best again in local & oversea. For top gloves when have good news the shares prices keep going up even market fall the shares prices still up. Even today fall Tmr will chase back again until today.
Here is what KKY has written on his blog "With more than 30 years of experience, Rubberex took more than 2 years to complete the construction of the new factory and a few months to test run."
The thing is Mahsing doesn't need to construct a new factory, they already bought a factory in Kapar, they only need to install the machines and do the test run. With their 40 years of experience, I doubt they will need more than 2 years to start the production. Please correct me if Im wrong about the factory thing.
Excerpt from theedge "For a start, the group’s wholly-owned unit Mah Sing Healthcare Sdn Bhd will be setting up 12 glove production lines in a converted factory in Kapar, Klang, under Phase 1 of the new business. It will have an annual capacity of 3.68 billion pieces."
ms got resources. They can hire professionals to accomplish the job....they get the fund from the market......more funds needed and hence higher the price.....
It will further drop tomorrow another 20 cents, l advise to run for profit as there is no production yet, no income, no revenue, simply a goreng counter, buy when the 12 production line starts
MS glove making division will lead by a management team with more than 30 years of experience in the glove industry. Mah Sing intends to gradually expand up to 100 gloves production lines as part of the group’s future expansion plan.
After the sell off across many counters today due to a freak news scare, hopefully the recovery uptrend continues tmr. Fair points made by both supporters and detractors although some are extreme in its BS level. One thing's most likely for sure, it won't nosedive as this is a solid venture by a famous and established brand.. And the people are behind it, and are hoping to be part of something big from the early phase.
stock market is based on sentiment...demand and supply... in view of the current situation we just refrain from saying all the negative words in this forum... just pray for the best for all investor...pls dont mention all those words like pukimak,sial, anak haram, babi, butoh , dan lain2... cakap yang terbaik saja lah utk kawan2 di sini....jgan ckp negative...doa for all our friends to make money... jangan bawak cilaka...
Such good points TD.. we often wonder what the crazy lunatics screaming negativities here are hoping to achieve.. they’re better off saying their piece one time and moving on to the forums they’re invested in and hoping to profit. How is their incessant whining and name calling here going to benefit their trading and investments?
Yes bro.. "if we cannot get what we like we must like what we get"... sabar..jangan kutuk... jangan jadi KYY... talked bad about other counters... puji Supermax bagi Tuhan (Supermax bayar dia ke?) tak payah bagi data eps nta structered warrants dll ..sentimen bros and sis (nothing else) ...... relax la... May God bless all of us here... I pray all of us here will make money.... positif ....
Mahsing will continue to up today... It is normal to have some small correction yesterday as all gloves counters also down. High possibility it will limit up today
Whether up of down today or next few days, why worry? The price is still cheap compared to the other glove counters. Can only go up eventually...RM2 or more. The syndicates hope the price will fall below RM1 and then they buy by the millions. Old tricks. KYY the Gamuda man. hahahaha.
Mah Sing has the financial strength to venture into the glove manufacturing business given its current strong cashflow position coupled with the new issuance of RM100mil convertible sukuk. After paying RM150mil capex for phase 1, Mah Sing’s net gearing will increase from 0.4% to 4.8%. All in all, we see this is a positive move by the management given the good prospects in glove business amid the covid19 pandemic. We believe the demand of glove will remain stable post-covid19 due to increase in healthcare awareness and more stringent regulations. We maintain our BUY recommendation on Mah Sing with a fair value of RM1.50.
Haha small gambler will worry sell , yesterday a lot gave up . Then price low - players will buy in . The small fish will realize kena corn . Then start bising. This is the game . No money don’t buy , is long term investment. I’m sure it gonna hike
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Posted by vespa > 2020-10-20 23:01 | Report Abuse
KYY starts of well then transforms into a con