Bemillion

Bemillion | Joined since 2020-05-27

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Stock

2020-12-09 12:35 | Report Abuse

Hahaaaa .. never belowc.40.....emmm

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2020-12-09 11:36 | Report Abuse

Extract fm newscut

.Inix plans to expand the factory’s production up to 14 lines in the next one-year plus. It estimates that the total investment into the expansion will be worth no less than RM50 million.

He said the ACE Market-listed company sees a synergy between WGI and L&S Gloves, allowing it to market and promote its own gloves to become an international glove supplier and not depend on third-party suppliers.

“In that way, whatever supply WGI is doing right now, we expect it to increase by two or three times in the short-term period,” he said after a memorandum of agreement was sealed with WGI yesterday.


WGI currently distributes one million boxes of nitrile and latex gloves to the US, Europe, the Middle East, India, Japan and South Korea..


Next year production Inix determined to increase 3 times...with investment addtional line to boost output.

Translate it into revenue to apperciate from RM10 mil/ month to RM 30 mil/ month.
Which means the stock price is as good as TP 2.00 0r more.

This not yet vacc initiatives.....taking into considerations.

Decisions are yours.. trade wisely

Disclaimer

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2020-12-09 11:31 | Report Abuse

Haaaa now good of u Becareful..the rational is there....

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2020-12-09 11:21 | Report Abuse

Wowwww..very lucrative...indeed

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2020-12-09 11:21 | Report Abuse

Thats above is extract fm WGI.....genuine info

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2020-12-09 11:19 | Report Abuse

.WGI Group chief operation officer Goh Poh Seng said it has advanced equipment and perfect international sales channels.

"The three main glove products produced by the group, namely latex gloves, nitrile gloves and surgical gloves, sell well in many countries. Our turnover is RM10 million per month," he said.

Last Friday, Inix inked a Memorandum of Agreement with L&S Gloves Sdn Bhd (L&S Glove) to buy a 51 per cent stake in the latter.

This would be Inix's latest manoeuvre to penetrate into the lucrative rubber glove industry.

Turn over monthly wgi...impressive rm 10 mil/ month

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2020-12-09 11:13 | Report Abuse

Monthly revenue if not mistaken....usd10 mil....

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2020-12-09 10:55 | Report Abuse

Price sideways for a while..forced selling yet to come.. 1100-1230..my guess.

As long as above .44.... Its strong support .... Intact

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2020-12-09 10:15 | Report Abuse

Maybe forced sell coming in for trading on 4/12/20...2.6 mil shares ....
If the market can absorb well..then sure its indicator for inix to flyyyyyyyyyyy

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2020-12-09 10:12 | Report Abuse

Hahaaaa rite batman..arcadia is wonderwoman..match...hahaas

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2020-12-09 08:01 | Report Abuse

Hahaaa enjoy breakfast first... .

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2020-12-09 07:33 | Report Abuse

Batmanreturn..your input is marvelous bro..tq thumbs up

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2020-12-09 07:31 | Report Abuse

Tq all traders sharing info.... Views... To naysayers pls less bad mouth.. stock is nothing wrong, shark ..bilis is part of the game. Be pro.... Trade on own risk.... Decision is ownself. Your trading style may differ from your peers but not necessarily yours are righteous. No right or wrong... And do not mislead ppl. .. The only result we sought is the best ROI.....achieving this then your decisions is correct.. other wise we keep on strategise on our approach ....
No one solution fits all approaches....

Trade wisely...
Inix fly

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2020-12-09 07:06 | Report Abuse

Agreed with Yuhain.... External and internal indicators are very strong will be translated and reflected in the open market. May God guide us all to a very very fruitful journey .... ..
Vacc theme and glov could never be separated.. they complement each other... No use if u re male(vaccine) but no female ( glove)

2 make things happen....
Trade on own risk decisions are yours

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2020-12-08 22:19 | Report Abuse

Hahaaa batman.. yeeah inix save the world 3 times with 3 types oof vacc. Cansino, sinopham, sinovac
Yesssss inix fly

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2020-12-08 22:16 | Report Abuse

Miz rayA bloom... KYY likes to mislead ppl...his comments lately at times contradict... Ayooo..

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2020-12-08 22:10 | Report Abuse

Jom terbang. Well dun bro...marvelous
Forget KYY...always mislead ppl for his gain

Its very optimistics inix fly

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2020-12-08 21:37 | Report Abuse

.Gap up tomorrow imminent

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2020-12-08 21:36 | Report Abuse

To recap...success stories of inix latest acquisition initiatives .

Inix Technologies Holdings Berhad (0094) Signs Memorandum of Agreement with World Gloves International Group Sdn Bhd (WGI)
8 December 2020

At a press conference held at World Gloves International Group Sdn Bhd (WGI) headquarters today, Inix Technologies Holdings Berhad (INIX) signed a memorandum of agreement (MOA) to acquire a 51% stake of WGI.

WGI is a supplier of nitrile and rubber latex gloves and has been selling its products to the United States, Europe, the Middle East, Japan and South Korea. It’s products all carry FDA, EN455 and CE certification.

This acquisition, together with INIX’s recent purchase of a 51 l% stake into L&S gloves Sdn Bhd has positioned INIX as a serious player moving into the lucrative glove industry.

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2020-12-08 21:28 | Report Abuse

Limit up indicators are there ... 0.74..

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2020-12-08 21:27 | Report Abuse

Inix is now.glove abd vacc counter... Hahaaaa

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2020-12-08 21:19 | Report Abuse

Tomolow. Limit up.....likely ..yesss bravo inix fighters

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2020-12-08 18:06 | Report Abuse

.David3app...buy or sell is your own decisions... What you do...is not necessarily buy or sell call...

But dont be a hero..talking being trap, ..etc..thats you..the forum dont bloody care..

But please do not protray as if your actions is good... And try to be robin hood to save others.. ..this is trading market..we share info ....
Appaling and embarassing atitude
Ayoooooo.

Decisions is yourself

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2020-12-08 17:55 | Report Abuse

Tomorrow must be exciting....

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2020-12-08 17:53 | Report Abuse

Some additional positive news for INIX 0094 as Malaysia will be taking VACCINE from CHINA because of different production method, and only required to be kept at 2 to 4 degrees celcius. INIX 0094 will potentially benefit the most from this.

https://twitter.com/501Awani/status/1328930243294367744?s=19

Follow the link its quite clear doctors and pharma..prefer Chinese vacc due to logistic and ease of storage, etc over pFizer or Moderna

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2020-12-08 17:46 | Report Abuse

Now inix have acquired 2 gloves factory.. L&S Glove sdn bhd beranang industrial park... And WGI World Glove International in PJ....

Inix really grab the opportunities for growth.

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2020-12-08 15:54 | Report Abuse

.World Gloves International Group - WGI
Manufacturing and Distribution of Latex Gloves and Nitrile Glove

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2020-12-08 15:18 | Report Abuse

Inix sure fly good news

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2020-12-08 14:34 | Report Abuse

Hahaaaaa momentum up

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2020-12-08 12:14 | Report Abuse

Demand for glove still hot

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2020-12-08 12:10 | Report Abuse

So see glove demand still at its best

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2020-12-08 12:10 | Report Abuse

Info
Buyers are reminded that while glove prices have soared and demand is overwhelming, the industry’s supply is being fully booked until early next year," MARGMA President Denis Low said in a statement.

"MARGMA foresees the shortage of gloves due to overwhelming demand this year to spill into 2021."

The global disposable gloves market was valued at $7.6 billion last year and is expected to reach $11.8 billion by 2025, according to VynZ Research

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2020-12-08 11:19 | Report Abuse

See afternoon session...whats in store....

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2020-12-08 11:19 | Report Abuse

Otherwise u re just instil bad mouth talks ...

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2020-12-08 11:18 | Report Abuse

Trap????thats ur preceptions

Facts.. inix embarking into glove and vacc are true.

Give reason why trap? To support ur argument.

Market place up down normal...

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2020-12-08 11:08 | Report Abuse

.Afternoon..session...inix surge back above .50

News coming in..

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2020-12-08 11:06 | Report Abuse

Og trader... U re wrong.... Just off pc... In a month time Jan TP $1

Hahaaa

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2020-12-08 10:26 | Report Abuse

Inix already operating glove factory... Running. Acquisition done 2 Dis20

Now to start producing already ....

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2020-12-08 10:25 | Report Abuse

Why agreement? Ayaaaaaaa
Already acquire ...and to start producing churning glove soonest

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2020-12-08 10:14 | Report Abuse

Yes acquisition of on going operationl glove factory L&S Glove Sdn bhd in Beranang industrial park

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2020-12-08 09:58 | Report Abuse

Inix will likely to follow GETs, Solution and Bintai footprints........just patience...
Trade on own decisions

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2020-12-08 09:57 | Report Abuse

The initiatives by INIX ..... Glove and vaccc is good combination.... With the new latest Chairman...networking ..its something good for inix growth. In the pipe line... Budget covid already readout and approved. ..catalyst for uptrend

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2020-12-08 09:53 | Report Abuse

Accumulating againnnn.....emmmm