No matter what, one fact. Glove has always basic PPE (others as well, coverall, mask and etc) that needed. As easy as ABC.

Go and check when they expect to have production first. Easily 2 more years to go, expecting 2023. Think twice first, the world can wait for that long time or not?

Good also, another 2 more year to have super good profit.

not I say, is a fact

Even separate line at Everest.. china start to worried

https://bbc.in/2RDIRkb

Covid cases just keep on increasing across south asia.. most likely because of mutated virus from india.. is matter of time it lost control and start spreading to europe or africa. That time will just make the situation more complicated


https://bbc.in/3eyxp2a

just take the truth that vaccine not going to work. especially mutated from india.. proven when Dr Kapila passed away after back to india..

everyone still optimistic that as long as able to close the border.. then they are safe.. problem is how long you can close the border? read through and analysed yourself..

dont forget indian themself also want to escape out from their country.. if there are no anything handle the mutated virus.. we are just dealing with time nuclear bomb..

holland all the way

with their scale of profit. personally feel that are reasonable. also they are target to expand capacity to 10b

Based on my calculations, if production rate at 208m per month. Renevue easily RM50m per month and asp at USD60. More higher then revenue will be higher..

wait you at rm4

not sure will up or not.. but already confirm no more tax rebate for china product

Over heard from my friend, one of the "guru" been actively ask his follower to dump glove share to join him for steel counter.

Sorry to say,if you are telling me you had collected since feb, I will say you are at the safe side. But now most of the counter already at peak price. Dont believe just show you some following info,

3 months back
Leonfb - range of RM 0.6
Prestar - range of RM 0.8
Hiap Tek - range of RM 0.37

Current price
Leonfb - range of RM 1.2
Prestar - range of RM 1.4
Hiap Tek - range of RM 0.66

I will say you are just help him to collect his share.. sorry.

lai lai.. rm1.. time to collect more.. and vote against the special director fees.

https://www.bursamalaysia.com/market_information/market_statistic/securities

no worries.. more average down and will keep till AGM.. to vote against the special director fees

their subsidiary at spain.. so mostly sales to europe and Asia.. not going us like top 4

So be fool to start calculations and research by own and believe on your own. Not by barking

Off course people will say impossible drop so little.. bla bla bla..

Let have the calculations:
Per month of production = 125m.
Selling price at USD 40 (discounted 50% from USD 80) per 1000 pcs.
Per month revenue = RM20m

Every QR will have additional RM60M

Will drop for first few months but subsequent with the increasing of production volume of it will increase back the earning.

Let start a simple calculation:
Production increase from 1B to 2.5B. Total increase of 1.5B.
Per month of production = 125m.
Selling price at USD 60 (discounted 25% from USD 80) per 1000 pcs.
Per month revenue = RM30m

P/S: Current ASP price at USD 80 -120

therefore, earning will just continue dropping.

I heard that they willing to pay . x12.. mau ka..

Not to forget Europe itself have issue for vaccine delivery and few countries (Netherlands, Germany and etc) having lock down. Most importantly, Rubberex have it own trading company at Spain. This will definitely benefit from it since 1st lock down.

ASP will definitely drop but won’t have very huge discount like 50%.

For example, good ASP at range of USD 80 to USD 120. Consider a 30% discount from the price become USD 56 to USD 84. Somehow production volume increasing double. Is that able to cover?

During pandemic period, worldwide were shortage of glove, that’s the fact.

If a big giant company like KLK desperate to venture to glove business and existing top 4 also heavily increase their capacity. Meaning that their board are very optimist with the future business.No people will do lost money business.

Sure or not, hiccups for Rubberex’s production. Any news to prove it? hahaha

I will hold my ticket to coming agm.. cant wait to vote to against their special director fees..

dont bark here and bark there.. no confident can just sell and walk off.. dipersilakan..

nvm.. let the fool continue to hold it.. let them no special director fees

all because of such arrogant people end up will have the same ending like india

aiya.. all kinds of the people in the world.. I am fool but still able to analyze but some bugger will just bark around . haizz

(雅加达5日综合电）印尼国际机场检测人员被爆出重复使用回收检测冠病病毒的鼻咽拭子后，近日遭到逮捕。警方表示，涉及人数恐高达9000人。

印尼当局本周稍早宣布，已确认国内出现两宗印度变种病毒病例。

https://www.sinchew.com.my/content/content_2471845.html

If this really happen.. hailat

(雅加达5日综合电）印尼国际机场检测人员被爆出重复使用回收检测冠病病毒的鼻咽拭子后，近日遭到逮捕。警方表示，涉及人数恐高达9000人。

印尼当局本周稍早宣布，已确认国内出现两宗印度变种病毒病例。

https://www.sinchew.com.my/content/content_2471845.html

If this really happen.. hailat

(雅加达5日综合电）印尼国际机场检测人员被爆出重复使用回收检测冠病病毒的鼻咽拭子后，近日遭到逮捕。警方表示，涉及人数恐高达9000人。

印尼当局本周稍早宣布，已确认国内出现两宗印度变种病毒病例。

https://www.sinchew.com.my/content/content_2471845.html

If this really happen.. hailat

Also I had come across news that lions in india detected positive for covid19..

what if birds detected and they migrate to move around.. (my own observation, may true or not true).. if really happen then it will really a massive nuclear bomb to the world, but possible..

That's why early stage already mentioned dont look down on mutated viruses.. India and brazil.. really hidden killer

yday just mentioned about spreading mutated virus to India's neighbours then today government annouch not allowing them to enter malaysia

also, check on the AGM resolution. special director fees.. stay tuned

just take the fact even asp drop and their earning still one of the best.. please prove it who else have such earning..

they lost their pantries or you yourself lost ?? hahaha..

Based on data from Department of Statistics (DoSM) published Malaysia's External Trade Statistics for March 2021. The exports of rubber products increase of 9.6%. Supermax and harta reported that their production been drop, wonder beside Kossan who else product will increase???

Stay tuned

supermax and hata's production been affected by plant stoppage for covid case sanitation.. but dont anticipate happen to rubberex

windfall tax for glove, big 4 will have big impact.. just careful for plantation and O

I am fool but able to interpret and analyze the news by own. Still better than someone, talk without any figure and facts.

Following news prove that vaccine doesn’t works for mutated viruses. Like it or not that’s the fact.

https://www.hindustantimes.com/india-news/renowned-infectious-diseases-expert-dr-rajendra-kapila-81-dies-of-covid19-101620168008338.html

Focus on your airasia.. hahaha..

https://www.theedgemarkets.com/article/business-travel-seen-recover-only-2024

now onwards JP morgan will create 101 story to cover back their lost

glove is a ppe especially for thos front liner. but if you had own precautions you will use it as well.. no precaution like india will just wait for massive disaster

and now the scientists said need yearly jab for the vaccine.. so you yourself know

to be exact.. matured vaccine will take years for the development.. we are just the white elephant for those who had the jab

like it or not that's the fact

is not about black hearted.. that's the fact.. vaccine not the savor.. forget about your air asia.. no other counter able to make such profit in qr result

Most of the investors very optimist about vaccination programme in the world.. no doubt inflection rate in USA are dropping but when you know the fact, most of the people dont go for second jab.
Bear in mind, india are facing exact situation been faced by USA on last year. But situation at india are worst because of their smart PM, Modi to declare election and mutated viruses.
Just take the fact that current vaccine totally not works for mutated virus. that's why all the countries start to ban entry from india. And it already start to spread off to their neighbor country like Nepal, Bangladesh, Pakistan and etc..
Harta QR report clearly stated asp will continue to increase and recently Mahsing also mentioned that too..
Dont forget we will have Olympic game on august..
Stay tuned..

Most of the investors very optimist about vaccination programme in the world.. no doubt inflection rate in USA are dropping but when you know the fact, most of the people dont go for second jab.
Bear in mind, india are facing exact situation been faced by USA on last year. But situation at india are worst because of their smart PM, Modi to declare election and mutated viruses.
Just take the fact that current vaccine totally not works for mutated virus. that's why all the countries start to ban entry from india. And it already start to spread off to their neighbor country like Nepal, Bangladesh, Pakistan and etc..
Harta QR report clearly stated asp will continue to increase and recently Mahsing also mentioned that too..
Dont forget we will have Olympic game on august..
Stay tuned..

Most of the investors very optimist about vaccination programme in the world.. no doubt inflection rate in USA are dropping but when you know the fact, most of the people dont go for second jab.
Bear in mind, india are facing exact situation been faced by USA on last year. But situation at india are worst because of their smart PM, Modi to declare election and mutated viruses.
Just take the fact that current vaccine totally not works for mutated virus. that's why all the countries start to ban entry from india. And it already start to spread off to their neighbor country like Nepal, Bangladesh, Pakistan and etc..
Harta QR report clearly stated asp will continue to increase and recently Mahsing also mentioned that too..
Dont forget we will have Olympic game on august..
Stay tuned..

Most of the investors very optimist about vaccination programme in the world.. no doubt inflection rate in USA are dropping but when you know the fact, most of the people dont go for second jab.
Bear in mind, india are facing exact situation been faced by USA on last year. But situation at india are worst because of their smart PM, Modi to declare election and mutated viruses.
Just take the fact that current vaccine totally not works for mutated virus. that's why all the countries start to ban entry from india. And it already start to spread off to their neighbor country like Nepal, Bangladesh, Pakistan and etc..
Harta QR report clearly stated asp will continue to increase and recently Mahsing also mentioned that too..
Dont forget we will have Olympic game on august..
Stay tuned..