Profit taking correction is normal. no counter limit up forever to moon. NETX is pretty close though, shoot up to RM 5 then crashed back to 0.125. Calvin still so hard sell over there.
As a co-founder of Rubberex, I should know the difficulty and time required to construct a new factory to manufacture gloves. 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.
Investors should not buy it because it will take more than 3 years to start producing gloves and another one year to show profit, assuming its profit from the sale of gloves can cover the losses from its property business. Just open your eyes you can see there are so many unsold properties in every town and cities in Malaysia. I will take many more years to resolve the problem.
The Covid 19 pandemic is affecting everyone’s movement and income. That is why so many people cannot afford to buy a new house or condo.
In Ipoh I know there are already a few property developers being foreclosed by the banks.
Statistics shows that more than 90 percent of the investors lose money in the stock market. That is why there are so many stupid investors rushing to buy Mah Sing shares.
Hahaha... those who chased MS are stupid investors...KYY
I wouldn't touch NETX unless they can come up with a tech that everyone around the world must use. USA/EU monopolises TECH stocks sorry Calvin your NETX will remains dead unless getting pumped and dumped.
it's ok you stay away from Mahsing share, when it corrects to below RM1.00 or 90 cents, Just stay away if you are scared man. There will be less competition to top all. BUT I know you greedy fackers will HOOT9E. LMAO..... bunch of dirty crocs
- Supermax's fair price is RM20. RM25 next 3 months. Why? Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 26 billion. Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.
Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter. Fantastic.
Hartalega's boss said in an interview: "Glove supply will not meet demand in next three years" Supermax's QR on Oct 28 expected to hit RM1 billion easily.
Supermax's is earning USD and Canadian Dollars with their own brand marketing and huge production capacity of gloves and masks.
Maybank market cap (80b) (RM940 million profit previous quarter) is THREE TIMES larger than Supermax (26b) (RM1 billion profit Oct 28 QR) but Supermax defeats Maybank's profit.
I was at RM 3.50,then RM 2.90. If go to 1.80 I will use my last breath to defend GENM. I can only see very bright future ahead. People talk shit talk nonsense, I talk also, I say is good, but I use money to prove my confidence. Naysayers should bet against genting malaysia to prove their confidence also "
Continue to buy GENM when hotels incur billions of losses every quarter for years to come? Foker - first class clown indeed.
No nonsense you are the joke. So you bought dpharma? Oh? So you don't think vaccines will come la, so you buy dpharma for what? You are armchair analyst, don't know anything about everything. Sit down there in your empty mind come up with empty figures, and invest based on empty knowledge. Pls vist genm and see the crowd there. GENM is same as Langkawi, forever will have tourist as long as no mco. Hahahaha, see who gets the last laugh
Lolololol, so you think Langkawi will bankrupt la? So to you, share price is value la? Ok, day trader, pls leave. Here only for investors. This guy see a good stock too cheap means lousy. He see lousy stock selling for 50 pe, means good. Why? Because share price higher ma. Day trader noob fake fraud prerender
Its interesting to see Mahsing to go BIG For Glove. That, will provide market additional player in the sector. Trust mahsing has the best muscle amongth others new players recently.
However, lets do some math,. for both new sun shine : CAREPLUS & MAHSING
Comparing Mahsing s new plan capacity of 3.5 bil vs its number of shares at 2427mil = 1.4pc / shre While, for the expert medical care glove producer (Careplus) an additional capacity in 2021 is 2.04bil pcs vs its NOSH of 540 mil shares = 3.78pc / no.share
Apparently, Careplus has a far significantly sterling result in the card. That alone shall drive careplus another $1.75-3.40 share price increase; at a rough x 15pe and USD15/ profit over 1000pcs.
Dont forget , there are 4.10bil pcs quality glove already in currently production annually.
PERSONALLY, I LOVE TO SEE CAREPLUS S SHARE PRICE TO HIT $6.50 - $10.00 IN 2 YEAR TIMES.
Mah Sing { Tan Sri Leong} is a well known business personality in corporate Malaysia. Ploughing 150 million into a new business is no chicken feed { funding from own internal reserve} is something other company pale in comparison. Others will go for bank borrowing's if they have the balanced sheet or share placement and private fundings { if their balanced sheet lacks the resources} just my own take
Current daily cases at 420k on 22th oct 2020.. 6 months later on 1st april, vaccine already roll out with mass production.. daily cases will drop below 100k per day.. damn.. they r too late to joint the glove market..
PLEASE dont take this forum as battlefield. in six month time, when MS glove still not selling in the market, then we know been con.and taken for a ride.
Hehe.. many still hope it can touch 1.50 again... haha.. wait till next week.. u know what will happen.. today still havr slim chance to cash out above $1.. next week going to be ugly...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
mita29
1,064 posts
Posted by mita29 > 2020-10-23 12:45 | Report Abuse
Profit taking correction is normal. no counter limit up forever to moon. NETX is pretty close though, shoot up to RM 5 then crashed back to 0.125. Calvin still so hard sell over there.