that will be surging even before we notice.
The remarks by the real KLSE investors will be in this manner :
"Many are shown in the positive direction but nobody notices,
strangely,
it may seem so. "
Please clip on the below link to understand better how the escalator moves up --NORTH
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 ,
that is the thematic play for April , May , June 2021,
AND THE IMPORTANT CATALYST IS THE
PRIVATE PLACEMENT EXERCISES DONE IN
AND ANNOUNCED ON 15 DECEMBER 2020 ,
ON THE NUMBER OF SHARES ISSUED
7,950 LOTS ( 1 LOT = 1,000 SHARES ) x RM 580.00
TOTAL AMOUNT RAISED IN THIS PRIVATE PLACEMENT =
RM 4,611,000.00
FOR KSSC EXPANSION DRIVE.
REMARKS
FOR THE INVITEE , TO TAKE OUT THIS BIG SUM -- RM 4,611,000.00 AND RECEIVE JUST INSIGNIFICANT RETURNS , ARE NOT ENVISAGED BY THE BUYERS.
THE FINANCIAL RETURNS WILL ONLY BE ATTRACTIVE ,
WHEN IT IS AT LEAST THREE TIMES ( 300 % ) THE RETURN .
SO IN SHORT ,
THE IMMEDIATE TERM TARGET PRICE
RM1.10 TO RM1.20 IS ACHIEVED.
closed 5.00 pm., 22 June 2021 -- RM 1.27 ( + RM 0.16 )
========================================================================
PLEASE READ CAREFULLY ON ANCOM PRIVATE EXERCISE
Ancom /4758
=======================================
The private placements of 12,100 lots were well done at RM 710.00 per
1 lot
( 1 lot =1,000 shares) /well executed on 3 July 2020,
Now, 5 May 2021
Ancom =RM 1.64
Remarks
More than double the price of RM 0.71 when the private placements WERE done.
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 Careplus , Comfort
WHO THEY WILL PURCHASE THESE DIPPING LINE SYSTEMS
OF COURSE, THE ONLY TWO LISTED COMPANIES
HLT GLOBAL BERHAD
K SENG SENG CORPORATION BERHAD/5192
BOTH ARE LISTED IN KLSE
============================================================================================================================
SUMMARY
The current theme in KLSE market, is steel , aluminium ,
that is the thematic play for April , May , June 2021
This unknown company is hidden as a steel pipe manufacturer,
but actually has a 100% owned company that specializes in setting up the system of glove dipping lines.
Do not miss this special stock - STEEL
KSSC - 5192, as this stock is super undervalued.
There is one subsidiary under KSSC (100% wholly owned) named
KSG ENGINEERING SDN BHD
=====================================================================
KSG ENGINEERING WEBSITE
There are end to end consultants and fabricators and contractors for building &
commissioning glove dipping lines for large companies such as TopGlove.
In order to be a solution provider for the dipping line system ,
they have a specialized department, housing inter-related spare parts as per pictures below.
=====================================================================
KSG ENGINEERING
MAIN CUSTOMERS PROFILE
As you can see, KSG ENGINEERING is providing their supplies of rubber gloves dipping lines ,
to TOP GLOVE , KOSSAN (2 of the TOP --- glove manufacturers in the world)
The closest competitor with listed glove dipping line providers--- is HLT/ 0188
As per 22 June 2021
HLT, which has a market capitalization of RM 587 millions,
KSSC market capitalization is RM 115 millions .
We know that a lot of glove companies are buying lands and setting up new factories,
in an aggressive manner to cater for the demand.
In this respect , KSSC will undoubtedly, correspondingly benefit from this expansion drive .
KSSC /5192
Target Prices
Immediate term --- RM 1.10 to RM 1.20
RM1.10 TO RM1.20 IS WELL ACHIEVED.
closed 5.00 pm., 22 June 2021 -- RM 1.27 ( + RM 0.16 )
Short term----------- RM 1.50
that has potential for limit up ( + 30 % )
Mid term -------------- RM 2.00
