200 mil vol in the final hour of trading yesterday, technically it's a very good sign. And thanks to disposal of asset earlier on and some adjustment it's fundamental is in good position. I believe this company is poised for a great journey!
NG is not a manufacturer of glove, just a distributor of covid health-care products, so profit margin is very small compare with those manufacturers... that's why it's share doesn't move very much....
@8 dragon. Who is going to drag the price? It might be you and OKU_2020. The demand and supply will determine the price. Please look at the demand factor for the stock currently. What is your opinion?
Don't forget their previous core business, of selling securities camera, with their latest body temperature screening and access control, high demand during this period
@8dragon. Gowns and gloves will be supplied by local manufacturer (Crecom Burj Gloves Sdn Bhd.) Its not imported. No capital or investment outlay is required by NBSB as the customer is required to pay the deposit of their order. (No need for Nexgram to prepare capital)
They are smart for not going into manufacturing, look at the recent case, sudden announcement of the Russia's Vaccine, and the glove counter are affected. It is just a matter of time that the vaccine will be announced and it is not practical to enter into the race with other glove companies.
Other company have better technology, experience and they are in the progress of expanding their production line. With only being a middle man, they can gain from others like a parasite.
ppl already start to notice about nexgram.im glad i already in few k since 2c and now i got the news from my friend who play with 'bigger' team, they will slowly enter nexgram and healthcare back this monday without ppl notice the volume. see at 11am price spike , by then its too late for you
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....
hostan
87 posts
Posted by hostan > 2020-08-15 22:02 | Report Abuse
Nexgram 2012 have bonus issue, 2013 have right issue, 2014 have bonus issue,.