@jejakagentleman Yes. That's for sure. But everything still goreng news right now. So trade with care and be careful with some ppl try to saiko your decision to sell low.
yes true. I take it more like investment since I use my cash that I can afford to loose and still can survive 6-10 months with my saving. The business is not going to shutdown tomorrow. It still will grow if they got any other contract related to their original business.
"The recessive economic development and the effects of the corona crisis lead to opposing developments in the Industrial and Medical Sectors: In the medical protective gloves business, a significant increase in demand and a sharp rise in prices have been observed since the outbreak of the corona crisis. Against this background and also in view of the improved operational performance, the results of the Medical Sector in the current financial year will be significantly above the previous year’s level.
The emerging effects of the global pandemic are considered to be of limited sustainability. For this reason, the fundamental strategic decision of 28 January 2020, according to which Semperit will focus on the industrial rubber business in the future and separate from the medical business, is still valid, regardless of the developments recently observed in the wake of the corona crisis. The implementation of the separation from the medical business will be delayed."
The Industrial Sector was hit by the global recession, which has worsened in recent months due to the global lockdown. The results of the Industrial Sector in the current year will therefore be noticeably below the previous year’s level. The positive effects from the medical business for the foreseeable future will, however, more than compensate for this decline.
It really depends on their direction, i mean if i foresee next move is the vaccine production then demand of industrial gloves will surge for the manufacturers. This would weigh their decision perhaps.
my personal view sell off latexx won't happen by this year... new ceo will be on board on november 2020 and it need to review again and get approval from shareholder so it need take time...Good luck!1
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....
azta12
5,594 posts
Posted by azta12 > 2020-08-19 09:07 | Report Abuse
add some