1) From ASP Premium fell down to ASP discount due to HUGE GLUT
2) NO BARRIER TO ENTRY China which made the Glove Automatic Machines for decades only sell Glove Machines (Cost Rm1.2 MILLIONS) & contented. Thought glove making for 5 sen, 10 sen profit too little & not worth it
3) NOT UNTIL MALAYSIA MINTED NEW GLOVE BILLIONAIRES DUE TO COVID 19
4) CHINA THE GIANT AWAKENS In 4 months NEW GLOVE FACTORIES MUSHROOMED ALL OVER CHINA LEADING TO TOTAL GLUT
5) Even USA now so confident to Ban Malaysia Gloves with no fear of supply lack
6) SO GLOVES FACE FIERCE BRUISING PRICE WAR AT ALL LEVELS FROM LAZADA TO ALIBABA ONLINE SALES EVEN BLUE SAIL GLOVE CHINA REPORTED A LOSS
7) GLOVES AFTER RECEIVING ASP CASH PLUS EXTRA UPFRONT BY THE BILLIONS NOW EMBOLDENED TO GO INTO EXPANSION (THIS IS THE ULTIMATE KILLER AS GLOVE WILL BE CAUGHT BY LONG TERM SUNK IN CAPEX)
8) THOSE THAT EXPANDED RECKLESS LIKE HARTA (BIGGEST EXPANSION BY MULTI BILLIONS NEAR THAI BORDER) WILL LATER FACE HORRENDOUS LOSSES
WHAT SHOULD YOU DO NOW?
JUST CUTLOSS IN GLOVES AND BUY PALM OIL SHARES FOR CAPITAL PROTECTION
Gloves ASP started in April 2020 and gloves counters started to uptrend from then on. Palm oil price started more than 1.5 year ago and yet palm oil counter still sleeping. yet you wanna con ppl to buy palm oil counters?
calvintaneng : Heloo friend/// heheheh i see u are lying in this counter today!!! Good .. it make u feel alive? Ok ok... shhhhsh I wont tell anyone what a snake u are...
Sorry people, calvintaneng is a very good investor and can read the market like Warren Buffet...
LOL even WArren ask calvintaneng for advise and often buy calvintaneng breakfast by paying RM1 million per session.....
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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....
calvintaneng
55,055 posts
Posted by calvintaneng > 2021-12-10 16:05 | Report Abuse
Impressive presentations
Sum it up Plus Calvin's input
1) From ASP Premium fell down to ASP discount due to HUGE GLUT
2) NO BARRIER TO ENTRY
China which made the Glove Automatic Machines for decades only sell Glove Machines (Cost Rm1.2 MILLIONS) & contented.
Thought glove making for 5 sen, 10 sen profit too little & not worth it
3) NOT UNTIL MALAYSIA MINTED NEW GLOVE BILLIONAIRES DUE TO COVID 19
4) CHINA THE GIANT AWAKENS
In 4 months NEW GLOVE FACTORIES MUSHROOMED ALL OVER CHINA LEADING TO TOTAL GLUT
5) Even USA now so confident to Ban Malaysia Gloves with no fear of supply lack
6) SO GLOVES FACE FIERCE BRUISING PRICE WAR AT ALL LEVELS FROM LAZADA TO ALIBABA ONLINE SALES
EVEN BLUE SAIL GLOVE CHINA REPORTED A LOSS
7) GLOVES AFTER RECEIVING ASP CASH PLUS EXTRA UPFRONT BY THE BILLIONS NOW EMBOLDENED TO GO INTO EXPANSION
(THIS IS THE ULTIMATE KILLER AS GLOVE WILL BE CAUGHT BY LONG TERM SUNK IN CAPEX)
8) THOSE THAT EXPANDED RECKLESS LIKE HARTA (BIGGEST EXPANSION BY MULTI BILLIONS NEAR THAI BORDER) WILL LATER FACE HORRENDOUS LOSSES
WHAT SHOULD YOU DO NOW?
JUST CUTLOSS IN GLOVES AND BUY PALM OIL SHARES FOR CAPITAL PROTECTION