At the recent Rehda seminar Mah Sing CEO { Datuk Hon } key to reviving the industry is to have continuous financing available to all house buyers. Covid era needs more flexibility by the banks on giving out housing loans
Maybe glove biz ventures have dragged it down. Whenever there is negativity on Glove biz, this counter will be considered as glove associate and absorb all negative sentiment, despite good sale in properties.
Whenever properties market is down and nagatif news on properties market, this market equally absorb the bad sentiment from properties market, so at the end, share price show the trend. NOt sure if it is good timing for TanSriLeong to venture in glove biz, as this may contonue to drag the profit of company for years, espevially new comers in glove biz are producing so many new glove products, from Malaysia, From Thailand, and from China.
anyone can comment?
Disclaimer: Own sharing, not a buy call or sell call.
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....
singkalin
546 posts
Posted by singkalin > 2022-01-07 18:54 | Report Abuse
Hari hari good news in the press
But price goes Hollaaaannnnd