another counter just sell story to attract ikanbilis who chase up price and operators laugh all the way to the bank... how long you think mahsing can achieve profit, probably more loss as will lose out to established competitors and by then vaccine already common
Yesterday bought 1.26, max shot up 1.46. today sold at 1.15. 2 and 3 days ago, bought and sold at same day. Still earn a bit. Uncle Koon said those bought Mah Sing are stupid.
As long as got money at hand, still got chance to buy back Mah Sing at lower price.
Mahsing started their business in plastic line then only venture into property line to maximize their stakeholders benefit as well as to generate better buy in from the public.
Their recent announcement on venture into gloves sector trigger huge attention from both IB and retailers as they already secured certain orders which guarantee their production capacity.
Why their customers willing to wait and give them future orders?
1) MahSing should be offering some good prices to them to secured the contract 2) Their customers also smart and am sure they also want to have more suppliers in their list and definitely this will increase their bargaining power over their current supplier 3) Unlike other company who venture into Gloves sector which tiny working capitals, Mahsing really putting in some good amount of money in. Besides that, their well establishment in the market together with their backbone Plastic industry network, definitely will give them some advantages in gloves sector
No right or wrong, who knows their customers just use them as stepping stone to press their current supplier. Also to get a good price for the raw mat will determine the competitive advantage, can they outbid the Big4?
Benny I don’t need to be 2 even 1.5 Earning huge bucks already . Happy go lucky . Mickey Jump jump happy happy happy. Can date Minnie to nice nice dinner on the roof
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....
xuxu
5,859 posts
Posted by xuxu > 2020-10-21 11:02 | Report Abuse
sharks are still inside, no way to limit down hehe