yesterday briefly touch 12.5c..tomorrow 11c. Retailer run already bursa volume down by 70% from peak. now all move to strong fundamental counter.. goreng counter will burn
All of you who want to buy back at a cheap price, please do not incite or scared others people to sell their respective holdings. Your attitude cause others who buy at a higher price got lose. Do not be selfish, please be silent and just wait your target and do not issue negative statements ..... puuittt.
Vienna – Semperit AG Holding is delaying the planned divestment of its Sempermed gloves business for at least another nine months on the back of “extremely positive” contribution of the unit to the Austrian group's earnings (EBITDA).
In an ad-hoc release 25 September, the Vienna-based rubber goods manufacturer revised up its outlook for full year earnings to €165-200 million, considerably higher than last year’s €68 million.
In addition to the significant contribution by Sempermed, the group said the latest upward revision reflected a ‘slight recovery’ in its industrial sector, which includes the production of hoses, conveyor belts, seals and rubber sheeting.
Accordingly, EBIT for the group is estimated to come in at €195-230 million, up from a forecast of €110-160 million earlier in July.
Semperit maintained that the earnings forecast will depend, in particular, on the further development of the price level for medical protective gloves and the sufficient availability of raw materials for their production.
The Austrian group confirmed that its strategic decision made in January to divest Sempermed and focus on industrial rubber products was still valid.
However, the group said it would continue to run the medical division for at least nine more months before “actively working on the decided separation.”
In August, Semperit reported a 47.2% year-on-year growth in half-year earnings to €57.6 million, helped by a Covid-induced boom in demand for medical gloves.
First half revenue in the Sempermed segment rose 15% to €88 million, due both to higher volumes and increased prices. Segment earnings stood at €23.0 million in the first half, following negative earnings of €300 the year before.
The business unit has two gloves production facilities in Wimpassing, Austria; and Kamunting in Malaysia, a packaging production plant in Sopron, Hungary and a gloves mould manufacturing site in Nilai, Malaysia.
Perhaps it is worth taking note that Semperit was looking at selling off Latexx to TG initially. Then came MQTECH as a vehicle to relist because that is when they realise it is worth more to relist than outright selling. The extension in negotiations is a sign that Latexx deal must be concluded at a "fair' price. Bear in mind that even Hartalega believes that gloves to be in short supply till 2024. Let's just wait till the 15th.
90% of today's transactions are triggered by Seller (90% of the shars sold by sellers were collected by buyer). 75% buyers are buying at 0.125 level. RSI is clearly oversold. Price may drop further but will not be so much until the next rebound.
The news that Semperit deal is postponed by another 9 months shows that the initial news from MQTech about the deal was not really a fake news. MQTech cannot force semperit to sell their company..
But the intention to acquire Semperit, Kibaru shows the company is eager at exploring options to diversify its business for a more sustainable income..
Most of Operators have been selling penny or no fundamental shares which have very poor financial position, as glove and vaccine theme played By operators have diluted .
Hope many will learn about mqtech scam. Keep making fake announcement and eat the retailer money like no tomorrow.
Should write a blog how director issue esos at discount cheapest 0.032 when the market price at 0.16. Doing this will help newbies retailer in the future.
There is no benefit luring newbies retailer in here like what Neymar jr did. He sold all and make large amount of money while many of you lose big money and need to face end of moratorium with less money.
Pls quit for those who are still making profit from the centy stock, sorry for those who bought at high price. Don't put great hope on centy stock can climb back to high price, sharks have taken profit and left for holidaying. MQTech is greatly oversold and everyone hopes it can rebound, it may or may not happen, or just a flash rebounce and you have no time to sell. Don't fall in love with centy stock, we must intelligently make our profit.
How to rebound laa.. Mqtech is not a HC counter.. try to be HC counter but failed miserably with neverending extension of MOA MOU. Even true blue HC profitable counter also in downtrend mode and u expect a speculative counter like this to rebound especially now with lesser retailer participation.
And then the ESOS.... haha..this one is self explanatory
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....
Sneakpeek
2,200 posts
Posted by Sneakpeek > 2020-09-28 14:37 | Report Abuse
10c incoming. M