If mahsing can maintain RM1.5 is good. Now mostly glove counter all drop. Mahsing should maintain it as strong fundamental basis of share prices in fact due to increase of covid 19 more overseas company will be coming in to looks for strong solid fundamental basis of company share prices.
Gloves are required especially in hospital when medical staffs treat coronavirus patients. A gadget to reduce spread of virus in hospital......Vaccine in waiting only now...for time being to assist further emergency recovery of coronavirus patient..so pal...glove imporatant...in medical world now badly & very badly glove...glove...glove...aplenty for now...till coronavirus ending story...so why kaput & lari from Mahsing before it even started mass production these gloves..hahaha seriously considered Mahsing future...:).
nowaday, any share gone up unexpectedly high. just sell, you can buy back again at low price.. when up again , sell off and say bye bye. this is the best time the sharks to do pump and dump, be cautious.
as i said no only mahsing drop.. is entire market.. all this because our selfish politic person and government... implement policy never think the impact on the economic
Sifus, i have question. I am holding Mahsing c25. If i want to do conversion, do i need to submit form to convert into mother share( i saw its conversion type is cash instead of mother), can i still convert into mother share before expiry date? Will the earrant be convert automatically without me submit the form, does it mean if i dont submit form by 31st May all will be converted into cash and credit into my trading account? Kindly advice thanks.
Guys, it is better and cheaper to buy AT Systematization, which is only around RM 0.10, compared with Mah Sing, the price is 10 times more expensive...
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
It is official announcement in Bursa and all the newspapers and the Edge, so it is genuine, so it is the cheapest glove manufacturing business counter in the listed companies..
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....
Jeju88
425 posts
Posted by Jeju88 > 2020-10-28 08:28 | Report Abuse
Tomorrow public holiday, market close... long weekend.