R14789

R14789 | Joined since 2020-05-14

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2020-06-09 19:21 | Report Abuse

Dniap, yes u r right. Everyone is looking at the capacity now. Demand might high but most of the glove manufacturers had already fully utilised their production line. Bright side of this jv is that, they r going to increase 9new lines by end of 2020, another 2 by 2021 based on the statement quoted by ruby and yusoff. It only tell me one thing, the demand is still sky high but careplus will hv the appetite to eat it.

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2020-06-09 18:56 | Report Abuse

Well first of all they only sold 50% of equity share and they still hold another 50%, and they r not selling the production line nor the factory. C and the buyer Ansell still in a healthy JV. Therefore, all long grandmother assumptions by jack khan does not applicable.

My 2 cent, today red bcuz sell of 50% of profitable business might lower the prospective revenue, that disappoints investors. But on another hand, we can assume next qrt will hv good result due to low liability and higher profit frm the sales and momentum frm covid sales.

Let see what will happen tomy.

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2020-05-15 12:26 | Report Abuse

crazy crazy, from where we see got players accumulating?