I think there will be no more rally after tomorrow. It will be long before this share go back up to 70 sen level unless EG has some big deal with 5G contracts.
Looking at Notion , teckseng and oceancash the mask trend is over. Sadly there is not many supporter as well.
Their core business is still doing okay. Just that recent losses is due to forex exchange. However their revenue is still in the range of 200-250 mil per quarter from EMS.
I believe in terms fair value , this share would go around RM0.40- RM0.55. Hopefully they have won some 5G contract soon, 5G is the next big thing after this pandemic.
Compared the number in the recent announcememt to his shareholding in the latest annual repor published in Oct 2019t,his shareholding actually increases
Virus punca penyakit COVID-19 dengan mutasi D614G ini didapati 10 kali lebih mudah menjangkiti individu lain dan mudah merebak sekiranya disebar oleh individu 'super spreader'.
No vaccine so far is effective for covid 19.. Mask and glove are not only play important role but is essential for our daily life. The panic sell last week is due to the worries of retailers. Eg should rebound soon once the dust clear ..
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....
cicakman
7,800 posts
Posted by cicakman > 2020-08-13 08:53 | Report Abuse
Vaccine is to cure,however preventions are better than cure.PPE from thess day are requirement.as C-19 around the world mean around us.