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As the World Health Organization (WHO) announced Covid-19 outbreak as a pandemic,
glove stocks naturally became attractive to KLSE investors.
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 Tanks Systems
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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 TANKS 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 ------ RM 1.10 to RM 1.20
Second target---- RM 1.50 and above.
Of course , most of the investors, at this time - on 14 June 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 14 June 2021 /Monday onwards.
As for the first target prices –RM1.10 to RM1.20 and above
will be able to be achieved sooner than the majority of the investors thought otherwise,
Just like the ferocious bull that charged and hurdled on the King of the jungle -the Lion King.
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https://www.shutterstock.com/
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REASONS
KSSC / 5192 WILL MOVE UP NORTH ON THE 2 THEMES , MORE IMPORTANTLY IS
THE PRIVATE PLACEMENT EXERCISES ARE ALREADY WELL DONE ,
ANNOUNCED IN 15 DECEMBER 2020
The current theme in KLSE market, is steel , aluminium ,
MOST OF THE RUBBER GLOVES FACTORIES, LOCATED IN MALAYSIA
KSSC /5192
Target Prices
Short term --- RM 1.10 to RM 1.20
Mid term--- RM 1.50
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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