wat is Gosaas??? power ke?

The Board of Directors of RAMSSOL (“Board”) is pleased to announce that Rams Solutions Sdn. Bhd. (“RSSB”), a wholly-owned subsidiary of the Company, had on 10 October 2023 entered into a Collaboration Agreement with GoSaaS Inc. (“GoSaaS”) for a strategic collaboration with GoSaaS to provide Oracle Fusion Cloud Solutions in the areas of Human Capital Management and Enterprise Resource Planning to prospective clients in Malaysia and South East Asia region (“Collaboration Agreement”), subject to the terms and conditions as stipulated in the Collaboration Agreement ("Collaboration").

at support level

market down..

https://www.bernama.com/en/news.php?id=2069455 Sarawak Information System Sdn Bhd (Sains), PP Telecommunication (PPTEL), Sacofa signed a MOU to collaborate towards the fulfillment of Sarawak's digital transformation

Margma expects new min wage to raise costs by up to 2.75%
Meanwhile, there are a total of 162 factories with 2,520 installed production lines and an installed production capacity at 370 billion pieces a year, according to Chan.

This comprises Margma’s 75 ordinary members as at January this year, with them operating 75% and above in terms of utilisation rate.

According to Chan, the association’s members are currently focused on remediation fees to free foreign workers from debts, upgrading hostels for their employees, as well as the minimum wage to improve the lives of workers.

“Margma members are supportive of the RM1,500 minimum wage announced by the government.

“The increase of minimum wage from RM1,200 to RM1,500 is a significant increase of 25% over the current minimum wage.

“MARGMA estimates that the 25% increase in minimum wage will result in an overall increase in production costs between 1.42% to 2.75% depending on the profile of the workers in each respective factory,” he said.

https://www.theedgemarkets.com/article/rubber-glove-export-value-decline-despite-higher-volume-projected-2022-lower-asps

Rubber glove export value to decline despite higher volume projected for 2022 on lower ASPs

https://www.thestar.com.my/business/business-news/2022/03/19/time-to-r...

GLOVE companies may have seen much of their earnings already bottom out, with reward-to-risk payoffs appearing to be more balanced now.

In upgrading the sector to “market weight”, UOB Kay Hian Research says the sector is expected to bottom over the immediate-term.

“While sentiment could decline in tandem with the sector bottoming out, we think downside risks to earnings have largely been factored in.

is this applicable?

https://www.thestar.com.my/business/business-news/2022/03/19/time-to-relook-gloves

GLOVE companies may have seen much of their earnings already bottom out, with reward-to-risk payoffs appearing to be more balanced now.

In upgrading the sector to “market weight”, UOB Kay Hian Research says the sector is expected to bottom over the immediate-term.

“While sentiment could decline in tandem with the sector bottoming out, we think downside risks to earnings have largely been factored in.

is this applicable?

quite safe this price

Recovery in utilities demand. Malaysia is progressing well into Phase 4 of National Recovery Plan (NRP), as national vaccination rate has hit an advanced stage while number of new Covid-19 cases remains under control. Demand for utilities, i.e. electricity and gas, are expected to continue its recovery trend into 2022 in tandem with the economic reopening. Furthermore, national borders are expected to be relaxed in 2022, with vaccinated travel lane (VTL) with a number of countries.

http://www.hlgs.hongleong.com.my/published/article/sZfDhuCScasA801njvoV7b7WtHntsXgfqxuwQZ9sHKordZFEqO3QMcp3uS6o6FpWquRKb7Pc_rao_S7Mv3YniA2

haha u are right

Last year AT ventured into glove business, focusing on manufacture and sale of medical gloves. The plant is at Chemor, Perak which the land size approximately 4 acres. They have completed the phase 1 which has 6 globe production lines. Next, the remaining 4 lines most likely will be completed by this month or October? For the last quarter, there’s revenue contribution from the glove sector which is RM8.1 million. Looking forward for the upcoming results. People are skeptical cause the ASP has been dropping. While for me if you have to look at the current pandemic, there’s still demand for glove. with the current share price, if the revenue and profitability for glove is showing in the upcoming result, you know the share price won’t be at this price. Just my thought. hahah