Author: SEE_Research | Publish date: 4 May 2021
WHO announces COVID-19 outbreak a pandemic
WHO announces COVID-19 outbreak a pandemic
As the World Health Organization (WHO) announced Covid-19 outbreak as a pandemic,
glove stocks naturally became attractive to KLSE investors,
new waves of Covid 19 with increase in frightening intensity ,
it alarms the world population ,
the glove stocks in Malaysia ,are now, in April , May 2021
beginning on a " fresh relook "
by the new investors and pouring fresh funds into the gloves stocks especially in the second tiers
(Careplus /0163 ;
Comfort /2127;
Rubberex Corporation /7803 ),
the first tier ( Supermax/7106 )
and inter related healthcare stocks ,
( Adventa /7191 )-- this SUPER STOCK
Followed by healthcare related equipments such as face masks, PPE, hospital beds and inter-related medical equipments and finally the most offensive products are
(i) Sanitizers.
(ii) Glove Hand Formers / Moulds for production of gloves .
(iii) Glove Dipping Systems (HLT /0188 , KSSC / 5192)
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IN SHORT, 1 PICTURE SAYS A THOUSAND WORDS,
1 VIDEO SCENE SAYS ALL THE POSITIVE WORDS
PLEASE SEE THE ABOVE 2 LINKS ON ANSELL ,AUSTRALIA
KSSC/5192
HIDDEN GEM
IN GLOVE DIPPING LINE SYSTEM
MEGA CUSTOMERS ARE
TOPGLOVE
KOSSAN
RIVERSTONE FACTORY BASED IN MALAYSIA,
RIVERSTONE HOLDINGS LIMITED/SGX: AP 4
IS LISTED IN SINGAPORE
LATEXX PARTNER, MALAYSIA AND OTHERS.
WAIT TO LIMIT UP VERY SOON
First target ------ RM1.00 ( RM 0.95 / created on 10 August 2020 )
Second target---- RM 1.50 and above.
Of course , most of the investors, at this time - on 4 May 2021
claimed that the 2 target prices are just “ wild dream “ and not able to achieve successfully,
Much to their surprise, the first target will achieved VERY, VERY, VERY SOON ,
From 5 May 2021 onwards.
As for the second target prices –RM1.50 and above will be able to be achieved sooner than the majority of the investors thought otherwise,
on the way for limit up ( + RM0.30 )
Just like the ferocious bull that charged and hurdled on the King of the jungle -the Lion King.
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Remarks
LOW : RM 0.20 /27 March 2020
HIGH : RM 0.95/ 10 August 2020
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REASONS
MOST OF THE RUBBER GLOVES FACTORIES, LOCATED IN MALAYSIA
ARE IN THEIR FULL CAPACITY FOR THEIR RESPECTIVE PRODUCTIONS,
ADDING NEW LINES,
ADDING, BY EXTENDING NEW FACTORIES SPACES FOR PRODUCTIONS
NEW FACTORIES ARE READY FOR NEW PRODUCTION, EXAMPLE RUBBEREX CORPORATION (M) BHD.
WHO THEY WILL PURCHASE THESE DIPPING LINE SYSTEM
OF COURSE, THE ONLY TWO LISTED COMPANIES
HLT GLOBAL BERHAD
K SENG SENG CORPORATION BERHAD/5192
BOTH ARE LISTED IN KLSE
Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION , WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.
DISCLAIMER : Investment involves risks, including possible loss of investment and other losses.
This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advice are required, the services of a licensed professional person should be sought.
ISSUED BY SEE RESEARCH
(SENSING EAGLE EYES RESEARCH )
Created by SEE_Research | Feb 26, 2023
Created by SEE_Research | Jan 05, 2023