Iconic Medicare having their ground breaking ceremony of Iconic Medicare’s PPE worth of $155mil manufacturing facility by Chief Minister Chow Kon Yeow here today
Aim for 5th largest in Malaysia glove ? 10th am happy though
Visited their mask booth in Mid Valley. The respond was very good that i even bought 2 boxes myself because of the frenzy. Guess it will help in their income for this quarter.
There is no intention to hold a counters in medical & glove at this junture. I treat it as a trading counter while signal or opportunity surfaced .... While the trend doesnt goes as per my expectation, shall leave it fast.
THUS, if there a medical counter i wud interested ; i will wait it come to my entry level and load it by 3-5 batches.
Every time when share up, VenFx will appears to said bought then when shares drop, he will say sold earlier The God of talk, haha.. everytime telling ppl buy what up what, even banker also cant do that.
Hi, there is one latest YouTube video released by Superbull could be of your interest.
Please tap on the attach YouTube link to find out their research analysis on both Iconic Worldwide and Mah Sing initiatives in venturing into medicare related businesses.
Hi, all of you are invited to join an online investors briefing going to hold by Iconic Worldwide (Iconic) Bhd management team on coming Thursday (7 January 2021) from 10:00 am to 12:00 noon.
We are going to conduct Iconic online video conference via Zoom app and the joining of this video conference is by RSVP basis.
We do need your full name, position, company name and your mobile phone number for our IT personnel to send Zoom meeting ID link and passcode to your mobile phone individually on the event day.
From Iconic Worldwide Bhd Video Conference Organiser OnTarget 001 Team M : 012 318 1812
Nice chart. With sharp increase & high volume done at closing today - a technical rebound is taking place. works well if TMCO or EMCO is announced on coming Monday.
"He said the new facility will be installing and commissioning glove and disposable face mask production lines which are expected to yield a minimum production capacity of approximately 330 billion pieces of gloves and approximately 220 million pieces of face mask per annum." - 330 billion pieces of gloves? Top Glove with its tens of plants produces 85 billion pieces of gloves per annum. So how to derive this 330 billion with only a single plant. Wondering how. Strange, isn't it?
• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.
• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.
• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.
• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda). https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls-reviving-rm41bil-ipo-of-port-assets
With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.
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....
VenFx
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Posted by VenFx > 2020-12-13 00:34 | Report Abuse
Iconic Worldwide aims to be leading glove maker | https://www.klsescreener.com/v2/news/view/765547
Iconic Medicare having their ground breaking ceremony of Iconic Medicare’s PPE worth of $155mil manufacturing facility by Chief Minister Chow Kon Yeow here today
Aim for 5th largest in Malaysia glove ?
10th am happy though