I like magician brought at 007 three years ago , remiser said only crazy people like me n magician buy. Crazy people is staying for sure till 40 to 100sen
"200 million order" is fake news. The factory bought is a junk yard. No technical and production people , all are abaandon machines & equipments, how to produce ? By the time , they get workers and those things get restore and commision, 1 to 1.5 years gone. Game over...
------------------------------- Based on the recent pandemic outbreaks rebound lately, statistics shown most of the gloves industry players seemed unable to meet the overwhelming demands of medical, PPE supply worldwide. So this production have been channeled to Anzo to meet the world demands & supplies continuous. Anzo came at a perfect timing, and a perfect place!
there's always this rumour of insatiable demand for gloves due to covid. The truth is those who wears them only medical workers, is the number of medical workers increases along with covid? perhaps medical workers changes glove every 5 mins.
These are not food with 1/2 years expiration. These are gloves. It can be stored for years. US military medical depot also used up to fight this pandemic. They also need to fill it up. And with no end to this pandemic, this demand will continue. 200million order is a small quantity. Topglove is billions lol.
glove making has not much technology, they usually fight for marginal profit. I visited pearl glove factory 3 years ago for acquisition purpose too, its a lost making business owner eternally want to sell.
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....
HandsomeGain
2,121 posts
Posted by HandsomeGain > 2020-07-07 09:34 | Report Abuse
Let it run the show slowly..no rush,,,