“Positive sales momentum in 4Q20 and developers’ ambitious 2021 sales target have further reinforced our bullish view on the sector. We think developers deserve a re-rating, considering their robust future sales growth and attractive valuations,” it noted.
It also likes Mah Sing Group Bhd, which it has assigned a TP of RM1.23 for its fast turnaround business model in both property development and healthcare business.
Oso rubber gloves same as TopGlove etc which prices hv dropped like a stone
But not d same as TopGlove etc whose prices hv gone up to price in d super demand d effect of MahSing soon to start producing rubber gloves is not priced in yet at current price
So jz wait for rubber gloves to price in when factory starts production very soon
Mah Sing plastic manufacturing is previously park under holdings. Now we have Mah Sing health care a separate entity { manufacturing of PPE and gloves } plus other related medical products under a new Head
All child so cheap... Just pick any of the children keep till next month sure got profit... But dont all in la.... Hahaha... Just what i tot only ah...
● Hartalega highlighted that it is not overly concerned with the aggressive expansion plans of its competitors, especially the new entrants into the glove sector. It of the view that new glove makers will face various difficulties and delays in commissioning their new capacity. This is given challenges such as: i) lower economies of scale due to increased cost (higher raw material costs, ESG-related costs etc.), ii) having sufficient workforce (with the ongoing ban on recruitment of foreign workers), iii) higher costs to comply with Act 446, and iv) construction delays due to the ongoing pandemic. -Cgscimb jan26/2021 analyst report on Hartalega
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DreamEmperor
3,340 posts
Posted by DreamEmperor > 2021-03-09 11:33 |
Post removed.Why?