Just ignore that crazy old man la. He just want others to jack up the prices so he can have a safe buffer to run later.
There was an interview with MOSTI Khairy Jamaluddin posted in i3 today. It was quite interesting listening. It gives us a very good picture how the vaccine is going to be rolled out now.
Not bashing. Is a way to tell him off that we are tired of listening to his old tape repeatedly played again and again. Suffice to write 1 article and that is it.
probability pity uncle la...dont bash him too much
big 4 glove companies will pay about 5bil in taxes alone to the govt this year. banks earning millions from their financing n deposits activities alone. should relist in sgx or hk. chew
Lets be fair loh...the share call on investing in gloves companies is hold call.....no longer a buy call mah...!!
Yes the gloves profit will still increase in 1 or 2 more qtr but no more loh....!!
This bcos the following mah;
1. Excess capacities due to existing players expansion and many more new players.
2. The consumers medical instituite had cautiously over ordered & over stocked as a precaution now has slowly unwinding their inventories
3. The demand had reduced due to less pressing number of covid case and less fear now.
4. Most importantly the average selling price of gloves will be starting to fall in the next 1 to 2 qtr due excess competition coming in loh..!!
Just hang with your gloves while waiting for good gloves profit flowing but be ready lari kuat kuat bcos the profits cannot sustained high in longer term loh...!!
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Posted by gohkimhock > 2021-02-19 22:52 | Report Abuse
Just ignore that crazy old man la. He just want others to jack up the prices so he can have a safe buffer to run later.
There was an interview with MOSTI Khairy Jamaluddin posted in i3 today. It was quite interesting listening. It gives us a very good picture how the vaccine is going to be rolled out now.