Don't u guys agree last Friday, lots people crazy jump in to all related counters? Me also in the same boat with u guys & i agreed with all calvintaneng comments but Esceramic wil not move alone unless there is good news.Esceramic at current still need to see all the taikors face, they up, she up, Hope that we can buy at lower price before his lone ranger turn. If really the q result out on 29/4 or 30/4, is a think twice game for those contra players & genuine holders will just wait for your release.
Posted by Yu_and_Mee > Apr 27, 2020 8:10 AM | Report Abuse
correction in glove is coming because price move too fast then profit. all overvalued at current price. all goreng because of "that specific" groups. When the so called "leaders" run, you may not be able to run. Huge number of shares will be dump in fast.
When bull run come, they is non stop, even the lost making company also gain, at current situation, the business for many others business will be effected, thus most punter will still pump their money into gloves counter , so gloves counter will be push up up up ......
Facts: Do you know the glove manufacturer only need to replace the ceramic hand former once in a 3 years? Assuming the glove producer max out their capacity and run the factory 24/7, they will most probably change the hand former once in 8-10 months.... Unless the glove manufacturer expand their production line, otherwise it doesn't help much~
Facts: Do you know the glove manufacturer only need to replace the ceramic hand former once in a 3 years? Assuming the glove producer max out their capacity and run the factory 24/7, they will most probably change the hand former once in 8-10 months.... Unless the glove manufacturer expand their production line, otherwise it doesn't help much~ 27/04/2020 9:28 AM- NOT TRUE!!!
Not true!, Rubbish! Changing formers depends on AQL level(pin holes) of gloves produced for Surgical and Examination gloves applicable to Covid. They go by dipping cycles and not timebound. Examination is around 60,000 dips and surgical is around 40,000 dips which roughly translates to 6 months to get the best efficiency. Household and Industrial formers are changed when it breaks as they are thick gloves and pinhole is not an issue. PLEASE BE INFORMED!!
Last year when oil was usd60 to Usd70 many countries including Petronas saw oil counters going into bull run like dayand carimin (currymee) penergy and uzma all up from 300% to 600%
Oil then Was Usd60 to Usd70 Was the strong CATALYST
Now oil crashed 60% to only Usd22. So game over for oil
THE CATALYST NOW IS COVID 19
WHOLE WORLD IN NEED OF GLOVES AND FACE MASKS
THIS ROUND MALAYSIA HAVING 65% OF WORLD GLOVE MARKET WILL GO INTO A POWERFUL BULL RUN
AND THE CONCENTRATION OF THE GLOVE BULL MIGHT EVEN EXCEED THE O&G BULL RUN OF LAST YEAR
SO OUR BEST COURSE OF ACTION IS TO BUY AND HOLD
SIT TIGHT AND LET THE BULL RUN ITS COURSE
ES_CERAMIC MIGHT REACH YEAR 2016 HIGH OF 60 SEN AND STILL CROSS IT TO HIGHER GROUND
AQL is acceptance quality limit. Number of formers per line is non event question now as they are building short, long, superlines , batch lines, chain lines etc. So, 3,000 formers is minimum and the shortest. Large companies like Top Glove, Hartalega , Kossan all are building customized lines to suit their requirements. Trust this helps..
I entry 0.355. I waiting the Qr report this week. But I expecting next qr result(Feb to May) will be greatest. TP should set above RM0.50 even RM 0.70 in long term
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Posted by Johnchew5 > 2020-04-26 17:31 | Report Abuse
Luxchem? I had bought based on RHB research with TP 0.65 on 18/2/2020..i give TP 0.72 and is done . Let see Monday ..