ml2020

ml2020 | Joined since 2020-05-12

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2020-05-20 16:47 | Report Abuse

K+ will be amongst the performers this year and their results will have little to do with vaccine news. for those who actually take time to understand how a vaccine is created and executed will understand.

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2020-05-18 12:27 | Report Abuse

did they announce any dividend ?

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2020-05-17 13:19 | Report Abuse

Also from The Edge: "as at Dec 31, 2019, Scomnet had net cash of RM 46.14 million and zero borrowings.".

Very promising quarters and years ahead for Scomnet.

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2020-05-12 21:21 | Report Abuse

It's only comparable to fundamentals if it sticks to exactly the same product offering and strategy. in a JV like this cross-selling and cross-sharing of customer segments will happen for sure. I believe k+ would be open minded for new ideas, otherwise the jv wouldn't have happened. i have good faith that k+ will see good results this year.

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2020-05-12 20:57 | Report Abuse

my two cents why k+ will continue its uptrend aggresively.

the Covid19 outbreak has prompted a significantly higher interest to continue heavy investments into glove making sectors. Covid19 is an obvious indicator that demand will continue to exceed supply.

specifically for k+, consider the JV that has recently pulled through. this JV will bring k+ to new heights; a JV has to benefit both parties. K+'s core strength may be in production and combined with Ansell's distribution expertise, there is only one way ahead - forward.

K+ may not have been ideally profitable for past qtrs or years but i believe Ansell will do what they can to quickly turn this around, if they haven't already started. with Ansell as its' partner, it would be rather easy for K+ products to penetrate better and more profitable markets. K+ doesn't need to fight other glove leaders head on, the pie is large enough to share.