https://www.klsescreener.com/v2/news/view/766757

Im holding since 20c. Haha

They ady got letter, from kementerian for vaccine distribute. Vaccine take from sinovac, cansino, sinopharm.

MAH SING TO START GLOVE PRODUCTION IN APRIL 2021 WITH READY FACTORY FOR INSTALLATION OF GLOVE DIPPING MACHINERY BY NOVEMBER 2020

Our fast turnaround model has served us well in all our various business ventures - from plastics, to property, and now gloves.

We are excited to share that Mah Sing’s new glove venture is on track to meet our targeted production date of April 2021 to meet strong pent-up demand.

Piling works has already commenced (to be completed by Nov 2020) for Phase 1’s production lines, comprising 12 units of new, high speed glove dipping machines at our glove manufacturing factory in Klang.

Here’s a quote from our Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum,

“Similar to our property development’s fast-turnaround business model, we are fast-tracking our diversification into gloves. Our first glove factory ready, and is ultra-long to accommodate modern, high speed machines which can run at a speed of 38,000 pieces of gloves per production line per hour. The factory also has a suitable roof height to house these mega machines. We have also secured supply of both Nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet demand of our customers. We are targeting production by as early as April 2021.”

For more info visit : https://www.mahsing.com.my/in-the-news/making-headlines/mah-sing-to-start-glove-production-in-april-2021

Azhari ,please check bek the announcement

Officially a glove counter after EGM voting with 12 dipping line export to africa ,south america and india

Egm announce diversify to glove business

Any website link of covid test kit?

Hold only no need think so much

Many sour grape

COVID-19 Ethanol Based company potential!

Due to COVID-19, Ethanol have been in the market news for quite sometime. Ethanol have been extensively used in hand sanitisers and in disinfecttant. We have seen a surge in the purchase of ethanol for the usage for disinfecting cars, restaurants, doors and for use in offices. Due to the opening of the economy, the demand for ethanol had also been increasing day by day for disinfection of publicly used spaced! Car washes, restaurants, and even saundry shops now have a bottle of sanitiser in the front of their shops. And on top of that, they are required to sanitise the chairs , tables after each use. Barber shops are required to sanitise all the equipment after each use to prevent tranmission of viruses. Lifts in all condominiums have a dispenser which dispenses sanitisers after each use. Toilets in restaurants all have a bottle of sanitiser available at all times. Factories and construction sites now have a strticter regulation on the health of their workers as most of them are foreigners. LRTs , busses and all public transport are sanitised daily. Schools and universities are reopening with higher requirements and SOP as well.

The main ethanol producer in malaysia have seens a surge in ethanol orders since the begining of March as per article. The projection is that, additional demand would continue as a new norm of business and working starts in malaysia. Ethanol price, mainly in Malaysia only have surged by a factor of 50-200% over the months. Ethanol productions quota have been booked ahead for a year, and new customers are not accepted anymore. Scallability is much easier for producers, as all that is required to increase production is fermentation vats as this is a time based process. The distilliation tower is already there.

Even then with the ease of scalability there is a limit on production. For each order, a minimum downpayment deposit would have to be paid in order to secure the production slots due to the condition now. A recent friend of mine, have enquiries from United states for a minimum 100 tons/month and have yet to secure any supply of Ethanol. Also due to its nature, whereby ethanol is a controled chemical in Malaysia, it is difficult to import and hence there is a natural buffer against the world ethanol prices. Food grade ethanol commands a higher price and is used for hand sanitisers and sanitory products.

One of the main producer of ethanol in Malaysia, Hexza have the capacity to manufacture 9,000,000 liters a year, which is equivalent to about 7,110 metric tons a year. (Specific gravity 0.79 for Ethanol). From the article, there will be an increase of at least 75% sales compared to the average month. At this moment, based on information the whole production of ethanol of the remaining year have been booked. At a modest estimate of 50% increment in selling price in Malaysia, the price of ethanol would be around rm6.00-rm9.00 ringgit per liter. This would results in about (rm6.0->rm9.0) * 9million liters = rm 54 million to rm 81 million ringgit range in revenue. A banker/financer friend of mine posted a conservative estimate of the earning that for 2 quarters normal price rm4.0 and 2 quarters at rm 6.0 pricing. Meaning this is still conservative estimate.

With now all back to work and school reopen step by step, we can expect the usage is double up compare to mco which just stay at home

Read carefully for those negative thinking. This is only qtr 1 which only consist 1 month plus covid 19.

Qtr 2 and 3 all need sanitizer which bring out much more profit than qtr 1

Ethanol segment #
Turnover for the quarter increased 102.7% to RM13.36 million
from RM6.59 million in the corresponding quarter last year mainly
due to increase in sales volume by 117.8%. This was due to the
outbreak of the Covid-19

Rm 2.5 till rm 3. 3 qtr benefit

Notion ppe customer is from USA,north asia . NOT MALAYSIA. Dun compare it with local mask manufacturer. US covid 2 mil cases with currency exchange rate profit

material price drop, earning increase ,cash flow increase, revenue sales increase ,liability decrease. Good ady

no point collect at above 0.6. patient is the key to success

dun buy first. wait for lower price. lower risk

terminator.. who tell u such theory cant earn from diff stock? your theory? everyone want cheap price and u just HOPE DNEX up up up. i got no lost at all once price cheap enter, price high sell. who care you bark like dog? funny

haha. amcom pulak. hsseb from yesterday 0.8 surge till 0.915 till now within 2 days performance without waiting so long time like dnex. just enter yesterday ady earn. ancom so wat

up little bit ady so noisy , act like fortuner, u should c wat is UP means in HSSEB.

Dnex will not surge up if it nor drop first . same tactics. old style

move to HSSEB or Gdex-WB better than this counter. other counter perform in just 2 day

thankyou.share to those who believe u since u ady lost so much

dump dump hold it a month c its best performance trend

terminator, r u stuck at high price? haha

based on vol, it will not up if no down. dnex style

best of the day for hsseb. enter at 0.8. fly so high within a day. =)

move to hsseb better, up so much today

want dnex up , unless price slide more down bfore up second wave

tp 1 in 1 month.

hsseb rocket +0.05 within 20 min. nice

it would not up till bandar malaysia news comes out

still downtrend. ready bullet to collect.=)

drop more only can pickup cheap fruit . when qr out, only can earn more than those hold higher 0.4.. cheers

y say no chance. everything can happen. anzo , hibiscus ,gdex. all cr8 new drop price.

nice . touch 0.385 today. potentially goes down to 0.36. tomorow sure high selling pressure those stuck at 0.45 above

still have 2 days. wait new drop price. 0.56

if 0.4. better i buy gdex warrant cheaper and stronger

yesterday i only say 0.15. today ady reach. nice. direct wait u at 0.1 better . still have 2 days bfore raya

pity for those new comer who buy at 0.45. it drop same stage like anzo. everyday new price. might reach 0.38

yeap. and today just wednesday. real show not yet start.

not yet reach the btm. should wait

direct wait u at 0.1. no nid monitor fews day

lucky haven enter. everyday create new btm. wait 0.15

is time to rebound

hang on the same price everyday no point. either drop more before raya, after raya up. all can get angpau.

0.55 would be safer

waiting u at 0.28