Many still asking why this counter fly? Hints for you : factory is so busy, production overloaded...acrylic barrier new normal, sure big profit incoming
How has the coronavirus affected the plexiglass business?
The coronavirus has created a high demand for plexiglass -- and the industry is trying to stay on top of it, Marker reported.
In March, Plexiglas said in a press release that it “scaled up production” after demand for its product rose “sharply.”
Perspex told Marker its acrylic sheet production is up 300 percent from February to March to meet demand.
Plexiglass barriers have been installed in grocery stores and pharmacies already and are likely to be installed elsewhere as businesses prepare to reopen safely.
Retailers are also feeling the demand. The manager of one plexiglass retailer in California told Marker his company’s sales are up more than 200 percent from last year.
The biggest problem for manufacturers, according to Marker, is being able to make sheets of plexiglass fast enough.
To help meet demand, some are turning to similar products made with polycarbonate (PC) and polyethylene terephthalate-glycol (PET-G), which can also work as protective shields, Marker reported.
During covid : Acrylic is used to make aerosol box for hospital After covid : Installation of acrylic barrier everywhere including restaurants, cashier counters, casinos and school
Asiaply is the only KLSE listed company for acrylic, their acrylic business focus a lot on exporting and locally. As economy re-opening up, many business premises is installing the acrylic barrier to protect staff and also public from covid-19..and yeah not to forget aerosol box needed heavily for hospital to save PPE cost. Acrylic demand surge more than 3x and expect to continue grow until 2025.
chance to get in now, miss again then wait buy high...hints : plexiglass = acrylic. Search plexiglass and have a look. Plexiglass is just a brand name for acrylic.
consistently making losses for so many quarters that I can't even count now...this coming QR will be same...sure lossssssss again la...be careful guys...
director sell share doesn mean u need to follow and @123eztrade plz make sure you do your research. The previous quarter is making money for shareholders. Upcoming quarters no1 knows but have a feeling is going to be not too bad. Dont simply say and mislead ppl lol
Demand for acrylic is overloaded now, collect more from those that didn't research or invest with fundamental base. Don't worry, the price will go up when times come.
I have been collecting its warrants. With exercise price at 10 sen only, its a no-brainer deal. Imagine what will happen to warrant if the mother share doubles?
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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....
Topper88
253 posts
Posted by Topper88 > 2020-06-05 11:38 | Report Abuse
The director recently buying also, so can push price higher.