http://www.quickredit.my/personal-loan/terms-and-conditions.html

https://www.quickash.com/to/single-6-190.htm

http://www.managepay.com/managepay/

Malaysia own ANT in in the making.......

https://www.thestar.com.my/business/business-news/2020/10/24/mpay-to-finance-coral-powers-solar-power-plant

https://www.thestar.com.my/business/business-news/2021/01/05/gold-hits-two-month-high-as-yields-face-pressure

Ummmm.... China & Taiwan markets?

https://www.thestar.com.my/business/business-news/2021/01/05/at-systematization-partners-k-star-to-sell-gloves

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114845

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3110799

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3105729

Existing manufacturers are re-investing huge amount of capex expanding capacities
So many new players coming on board adding new capacities
China, Thailand, Vietnam, Indonesia, Sri Lanka are also expanding capacities
End result, raw materials are in short supply ....... highly challenging industry to be in going forward. when demand normalize.

Funds holding 3A per latest Annual Report.
No. 5 - EASTSPRING INVESTMENTSSMALL-CAP FUND 16,915,875 shares 3.45 %
No. 8 - EMPLOYEES PROVIDENT FUND BOARD 14,382,350 shares 2.93 %


Share capital RM149,087,000
Reserves RM199,087 230 (Can capitalize reserve via bonus or pay more dividend)
TOTAL EQUITY RM348,174,000

3A will fly if Board distribute dividends 0.5sen - 1.0sen every quarter instead of currently only once a year 2.2sen.

Heavy volumes & turnover days.......
16Oct20 660 mil Close 0.945
19Oct20 460 mil Close 1.240
20Oct20 514 mil Close 1.180

Consolidate....

03Nov20 274 mil Close 0.95
04Nov20 Running out of steam....??? because raw materials costs gone crazy?

Big volumes sold from 95 - 147, indigestion will need to consolidate
16Oct20 660mil volume
19Oct20 460mil volume
20Oct20 514mil volume

Kind of a weird strategy. New glove plants are build to last 20 years or more. They build them on rented land (Minho Kilning) and on a short term lease (3 years). The rent is hundreds of k. Is Mahsing skeptical of the long term prospects not investing in land? Mahsing got lots of landbanks, why rent?