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7 comment(s). Last comment by tapdance 2020-05-21 10:54

tapdance

88 posts

Posted by tapdance > 2020-05-11 12:33 | Report Abuse

There are only really 3 key questions to ask here. 1) Nylex's current sustainable earnings? 2) Is the sanitizer demand here to stay? and 3) are those value reflected on price yet?

tapdance

88 posts

Posted by tapdance > 2020-05-12 10:00 | Report Abuse

There are those who focuses on the future, and those fixated on the past.

tapdance

88 posts

Posted by tapdance > 2020-05-12 10:01 | Report Abuse

Slow and steady up trend... Nylex is still below chart-ist(s)' radar.

tapdance

88 posts

Posted by tapdance > 2020-05-13 15:14 | Report Abuse

Nylex was earning RM30 mn PBT back in 2017/2018, before trade war affects its performance. Now trade war impact gone as US/China reach consensus on petrochemical products. And Nylex's market cap is only RM174 m. So without even the need to point out the various positive factors mentioned in my article, I rest my case.

tapdance

88 posts

Posted by tapdance > 2020-05-13 15:14 | Report Abuse

So what is the difference now vs. 2017 - 2018? Oil price. Check how much margin has expanded (in %) during the 2015 - 2017 period when oil price tanked.

tapdance

88 posts

Posted by tapdance > 2020-05-13 15:16 | Report Abuse

Chartist(s) took note of Nylex now!

tapdance

88 posts

Posted by tapdance > 2020-05-21 10:54 | Report Abuse

Position closed

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