Looking at the 1000 stocks listed in Bursa, I believe glove counters are the only companies certain to make huge profit with high profit margin in next 2-3 quarters in this global pandemic event.
I think it is wise to go for the recovery theme play now . Share price leads by 6months . 6 months from now, market expect economy to recover & this is not unreasonable
The analysts are using forward PE for the gloves anyway
CGS-CIMB Research should inform Covid19 that it has been defeated. Because i think the virus did not receive the memo. 1 million people got infected in the last 4 days. 14,000 people died. Yesterday was the 3rd highest number of of new covid19 cases per day in India. Covid19 cases in the US has stopped falling, even though the government has dramatically reduced test... ie the case positive rate in the US is rising.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Neptune88
37 posts
Posted by Neptune88 > 2020-09-02 18:10 | Report Abuse
CGS-CIMB just made the GOTCHA Call on the retailers