Inix already bought gloves producer and distributor company and expecting to deliver 1 million boxes of gloves to US next month. Hope someone can do some calculations on the estimate of production and profit. TQ
today is a bad day as I predicted. tomorrow as well guys. May drop by another 12% tomorrow. luckily I have sold all of my shares this morning. Don't get trap.
Some additional positive news for INIX 0094 as Malaysia will be taking VACCINE from CHINA because of different production method, and only required to be kept at 2 to 4 degrees celcius. INIX 0094 will potentially benefit the most from this.
.David3app...buy or sell is your own decisions... What you do...is not necessarily buy or sell call...
But dont be a hero..talking being trap, ..etc..thats you..the forum dont bloody care..
But please do not protray as if your actions is good... And try to be robin hood to save others.. ..this is trading market..we share info .... Appaling and embarassing atitude Ayoooooo.
I no need to see , I know Inix will goreng up to RM0.80 at least for previous months high on August, So just now when closing I have bought 200K become small ikan bilis for Inix shareholder.
Inix Technologies Holdings Berhad (0094) Signs Memorandum of Agreement with World Gloves International Group Sdn Bhd (WGI) 8 December 2020
At a press conference held at World Gloves International Group Sdn Bhd (WGI) headquarters today, Inix Technologies Holdings Berhad (INIX) signed a memorandum of agreement (MOA) to acquire a 51% stake of WGI.
WGI is a supplier of nitrile and rubber latex gloves and has been selling its products to the United States, Europe, the Middle East, Japan and South Korea. It’s products all carry FDA, EN455 and CE certification.
This acquisition, together with INIX’s recent purchase of a 51 l% stake into L&S gloves Sdn Bhd has positioned INIX as a serious player moving into the lucrative glove industry.
They have also welcomed a new chairman to their board, Tan Sri Syed Mohd Yusof Syed Nasir (Tan Sri Jojo) who is known to be a business partner and close confidant of the Sultan of Selangor. Tan Sri Jojo, who was also at the press conference, said entering the glove industry will create sustained and stable profits for the group following a significant increase in global glove demand due to the Covid-19 pandemic.
INIX is currently trading at RM0.44 and TP expected is RM1.80 based on this new acquisition for the company.
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....
TheRipper
90 posts
Posted by TheRipper > 2020-12-08 17:11 | Report Abuse
Tonggeng tongga tonggong