Compare with other small cap glove stock. Notion have technology, mask business if add in Glove Business, the profit will be shoot up. This QR losses due to MCO effected. Next QR will be improve due production fully running.
Notion has nta of 0.82 per share and the value is at RM1.12 while Topglove have nta of rm1.4 per share and share price is at rm25..
Notion is currently making losses in last quarter but I believe the value is there for long term investment. The new norm will continue as people realise wearing a mask in public area will give yourself more comfortable. Moreover, please bear in mind that Notion have multiples business sources which able to sustain over long term. Maybe covid 20/21/22 in future and notion is ready to supply the mask and gloves. If no covid 20/21/22, continue selling mask to US's hospital or medical industry and continue producing HD parts and EMS.
Just hold. How the share price drop if all of us not selling :) . I believe the huge drop in share price mainly due to Paktua's troop with hundred of investors had dumped it long ago.
for ppl that say with vaccine, mask is useless. imagine if today vaccine is out do u think u will still use mask? how long for the vaccine to be made available to us? how bout ppl in india,mexico,russia and US? wat if the virus mutate in winter? this virus and our current lifestyle is gonna stay with us for at least another 1 year.. hopefully!
chill they got many pending approval such as halal, n95 niosh, 4 ply mask fda, venturing into glove sector, and also want to expand their company in 2021. pattience is the key. but halal certification is soon kikikikiki
I am not interested what notion doing, I know it is goreng stock, just accumulate when low tide, big boys need to goreng up and lari because volume still there.
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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....
Lowprofile2020
726 posts
Posted by Lowprofile2020 > 2020-08-25 20:25 | Report Abuse
If drop back to 0.2 or even 0.7, not one interested goreng , it will be stagnant like a statute