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2021-02-02 17:31 | Report Abuse
Today close 0.405 .Very good ...Stand stable Liao ...Wait volume come to push higher
2021-01-29 17:26 | Report Abuse
Boring store .Ran d .Let them play themself
2021-01-22 22:55 | Report Abuse
Let's invest for long term for this company,u will sure get surprised after 6 or 12 months.. Really under value now .And the company already bought the glove company last year ..Be smart investor ...Sure profit soon after this quarter
2021-01-22 22:53 | Report Abuse
YOU DEFINITELY MISSED THIS GREAT VALUE STOCK!
Author: pheimredfund | Publish date: Wed, 2 Dec 2020, 1:15 AM
YOU DEFINITELY MISSED THIS GREAT VALUE STOCK!
Everyone is crazy about glove stocks.
Everyone is crazy about new glove entrants.
But do you know, this company ACTUALLY did takeover an already operating glove factory?
Before I jump into the company, let me share with you a small industry knowledge about gloves. For new manufacturers, the first 6 months IS NOT THAT PROFITABLE for them as it would be the period where they check out the compound mix, efficiencies, fault-testing and so forth.
So, before we all hype about so called “new glove giant” like AT, we need to look at the facts – Gloves industry is not that hard to get into, but its hard to get the latest machinery (Ripcol orders on machinery is full as hell) and raw material as of this moment.
However, this particular company had signed to acquire 51% stake in an already operating glove company, with a capacity of 500 million pieces of gloves per annum and target to triple it by next year.
Remember what I mentioned before?
New glove makers have to go through a “trial and run” period for the first 6 months. But the company that had been acquired – SSN Medical Sdn. Bhd. DO NOT HAVE TO GO THROUGH THE SAME HURDLE AS NEW PLAYERS!
If you are sharp enough (in which I presume you are, otherwise, you will not be reading this article), you would notice that this company is VIZIONE HOLDINGS BERHAD (7070).
VIZIONE (or the “Company”) had officially completed the acquisition of 51% stake in SSN Medical Sdn. Bhd., and they are looking at hitting 1.6 billion pieces of gloves per annum by next one and a half year!
VIZIONE had committed RM 5.0 Million cash to takeover the said amount of stake, but you know whats the fun part? This company comes in with RM 15 Million pre-tax profit or PBT for FYE 31st December 2021.
This is like you buying a house, and the house is paying you triple in instalment for the next year!
So what’s in it for SSN? It’s simple, SSN would leverage the position of being a subsidiary of a listed company, and VIZIONE had committed to invest an additional RM 30 Million to expand the capacity of the company to 1.6 billion pieces of gloves per annum.
WIN. WIN. SITUATION.
Here comes the fun part – half of SSN’s future capacity would be allocated for long-term contract orders, and half of it would be SPOT ORDERS. We all know that now GLOVES = GOLD. IMMEDIATE GLOVES = MORE GOLD.
SSN is now already exporting to Europe, United States, China, and South Africa. They had already a FDA license in place and unlike other companies which they have to apply for one (takes 9 – 12 months for now), SSN would be already making a handsome profit.
Here’s not all – VIZIONE current NTA is over RM 1.00, but the share price is well over it, currently standing at RM 0.430 as at 2nd December 2020.
HELLO? IF THIS IS NOT UNDERVALUED, WHAT OTHER UNDERVALUED STOCKS YOU ARE LOOKING INTO?
2021-01-22 22:23 | Report Abuse
When Supermax SBB, sure got movie to see soon for glove ..Top glove already bought until using relative aunty and uncle account Liao..What u guys think..haha
2021-01-22 18:26 | Report Abuse
Now let the new insvestor control the price lol.
2021-01-22 17:29 | Report Abuse
Bad results is expected d ..Can see the price drop around 30 percent recently
2021-01-13 22:48 | Report Abuse
Hopefully no more dropped..Is time to rebound soon
2021-01-13 19:05 | Report Abuse
Haha.will up soon since no more merging
2021-01-06 17:51 | Report Abuse
Haha.Beyond yr average price how much ?Wait here until boring liao
2021-01-05 12:24 | Report Abuse
I wan top up more if break 0.485..^!^!
2021-01-04 17:40 | Report Abuse
Anyone know when is the matching cut off date ?
2020-12-31 17:03 | Report Abuse
Today close red is good , Monday might show the real power??^haha
2020-12-30 18:47 | Report Abuse
Hahaha.why so many ppl will ask funny questions ones ...
2020-12-30 12:40 | Report Abuse
I keep top up till no money laio..3500 lot at this moment...Angpao come
2020-12-28 23:29 | Report Abuse
News not yet out ..Still got time to goreng.i think tmr will down then upupup
2020-12-28 17:03 | Report Abuse
I will happened soon ..Maybe tmr.haha
2020-12-27 17:54 | Report Abuse
When news coming,they no more lower than 0.3 d
2020-12-22 17:06 | Report Abuse
Thanks for those who throw 0.36 for me .. Appreciated
2020-12-18 11:15 | Report Abuse
Thanks calving.already hold more than a month.haha
2020-12-12 16:17 | Report Abuse
Private placement at 0.475 .Buy at current price is safe lah.if lower ,u think private will take up the share from this company???
2020-12-09 13:20 | Report Abuse
We refer to the earlier announcements dated 20 November 2020, 1 December 2020, 3 December 2020 and 4 December 2020 in relation to the Private Placement.
On behalf of the Board, UOBKH wishes to announce that the Board had, on 8 December 2020, resolved to fix the issue price for the Private Placement at RM0.4372 per Placement Share.
The issue price of RM0.4372 per Placement Share represents a discount of approximately 9.99% to the 5-day VWAP of Techfast Shares up to and including 8 December 2020, being the last traded day of Techfast Shares immediately preceding the price-fixing date of RM0.4857 per Techfast Share.
2020-11-23 18:15 | Report Abuse
All ppl already knew this qr will be bad Liao.
2020-11-21 20:33 | Report Abuse
Woo nice .Thanks for the video sharing
2020-11-19 22:24 | Report Abuse
Get really tmr...Wait so long liao
2020-11-18 15:01 | Report Abuse
Hello esceram ,yr mother still rm8 lab,why u down ?U not always follow moving same like yr mother mei?
2020-11-17 15:27 | Report Abuse
Fgv post nice qr also cannot up.forgot about it man
2020-11-13 21:29 | Report Abuse
We need to push up higher .ahhahaah
2020-11-13 15:03 | Report Abuse
Don't buy .Let it go down till 0.1. then I only consider
2020-11-09 17:30 | Report Abuse
565 d.. Please continue upupup
2020-11-05 16:19 | Report Abuse
No one wants push this stupid counter
2020-11-05 15:55 | Report Abuse
Still boring ,wait ba
2020-11-03 23:10 | Report Abuse
Federlite Holdings Sdn. Bhd ..What company lai, buying a lot lol yesterday
2020-11-03 14:34 | Report Abuse
Don't disappoint to yr investors.wakw up please PCCs
Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD
2021-02-08 17:14 | Report Abuse
Today news free warrent like what announced before ...Any idea ? Please give some suggestions.thanks