2 people like this.

7 comment(s). Last comment by Kimly2 2020-12-20 18:19

Agjl

5,483 posts

Posted by Agjl > 2020-12-18 09:40 | Report Abuse

Hi tradeview, whats ur view on the soon to be lifted RSS? The end of gloves?

Posted by CynicalCyan > 2020-12-19 13:14 | Report Abuse

Avoiding loss-making recovery plays like Airasia or Genting would have cost investors the rare opportunity to profit handsomely from bottom-fishing.

zhangliang

728 posts

Posted by zhangliang > 2020-12-19 14:16 | Report Abuse

genting ok la, plenty of cash. Airasia, onli gullible ppl believe in the company. Even b4 covid oredi doing badly AAX, Airasia. Govt cable help thema lot.Otherwise long time game over. Whoever buy now making mistake.

Erudite

248 posts

Posted by Erudite > 2020-12-19 14:18 | Report Abuse

Tq 4 sharing.Politik isu over now can buy? still bullish 2021? Window dressing?

VenFx

14,784 posts

Posted by VenFx > 2020-12-19 14:24 | Report Abuse

Glove Surely will come back and roaring again.
I just sit quietly and wait for that moment.

How much more to the furthur pressurised level ?
10% or 15 % ?

Am happy to slot in my 1st battalion
If a furthur drop of 7% from 18.12.2020 Friday closing.

Supermax & Careplus my monitor counters.

Sslee

4,567 posts

Posted by Sslee > 2020-12-19 14:55 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2020-12-19-story-h1538283970-Glove_sector_behind_the_profit_growth_story.jsp

A normal profit growth is by capacity increase thus sales increase, revenue increase and net profit increase but NP margin stay almost the same.

Under unnormal condition like covid-19 where demand spike and fear of shortage causing buying frenzy and price increase thus revenue increase, net profit increase drastically because NP margin increase by many folds

The 3X or 10X is an ethical question of how much the selling price allowed to increase before the question of taking advantage of a situation to make excessive or unfair profit arise?

The next question is what will be the NP margin once the demand spike by covid 19 is over and with the increase capacity and many newcomers joining the game?

Kimly2

587 posts

Posted by Kimly2 > 2020-12-20 18:19 | Report Abuse

Pity guy, bought high keep to low
bless u, dude



VenFx Glove Surely will come back and roaring again.
I just sit quietly and wait for that moment.

How much more to the furthur pressurised level ?
10% or 15 % ?

Am happy to slot in my 1st battalion
If a furthur drop of 7% from 18.12.2020 Friday closing.

Supermax & Careplus my monitor counters.
19/12/2020 2:24 PM

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