Kilang ikut sop tak, bagi kabinat seraton tutop belakang korang da la import takleh .lockdown pulak, jgn klaste covid da. Sop tu tuk ikut bebas covid .maju Malaysia
Guys, did MahSing management reached a breaking point of desperation and resorted to Gloves? It's like the bubble-tea and cafe rush where everyone hoped for an easy way forward.
Quick poll, do you foresee 5 years down the road to read the news headlines "MahSing seeking to sell its glove manufacturing assets as competition pummeled the ASP of gloves to below profitable level"?
Mahsing's share price did broke above RM1.00 and in fact reached a high of RM1.11 just a few weeks ago. Fundamentals are strong (cash rich RM1 billion)) and its latest Q net profit increased to RM40M (up RM12 millions) in its latest 3 months results. Mahsing businesses and profits will continue to improve and increase in future.
This company is superb. However, the problem with this counter is, the share price movement and volume is fully controlled by the operator. We can only wait when they release some news and goreng up the price
Glove markets and ASP will be strong in the next 2 years during which big profits will be made. Beyond that, demand for gloves will still be reasonably good as gloves are essential medical equipments. After the next 2 years although there may not be SUPERNORMAL PROFITS but profit margins will still be good at between 20$ to 30% (per views of Aspen and George Kent which are going to be glove makers).
UMNO insider explore if COVID case still in high position, they will execute the full lockdown immediately include non of the business ca be operated. Stanley transfer more than 2billions MYR to US ready for mew plant funding
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....
Imnoobonly
645 posts
Posted by Imnoobonly > 2021-06-02 17:17 | Report Abuse
Still look good...