Posted by birkincollector > 2020-10-30 15:42 | Report Abuse

nothing to do with the timing of announement...this is how they played all the "new" glove counters, ie LUSTER, INIX, PERMAJU etc........goreng sky high, once announce just dump

Posted by Loh Ken Nei > 2020-10-30 15:46 | Report Abuse

if want invest in gloves, why not direct buy that already produce gloves?

Posted by mdfadly > 2020-10-30 15:49 | Report Abuse

Wat news?

Posted by shark888 > 2020-10-30 15:49 | Report Abuse

for now better ciou dont let them game you

Posted by emil > 2020-10-30 15:49 | Report Abuse

haha...next week force selling 13c coming....RED FLAG this announcement

Posted by surewinmoney > 2020-10-30 15:56 | Report Abuse

looks like many retailers will get harvast/cut fei cai... lol

Posted by Pcmont123 > 2020-10-30 15:56 | Report Abuse

Nta is rm 7+ why

Posted by gaidan > 2020-10-30 16:01 | Report Abuse

OMG... =.= anyone still holding?

Posted by surewinmoney > 2020-10-30 16:02 | Report Abuse

rm7 + is system error, actually nta is only 7sen and below...

Posted by BaRaQii > 2020-10-30 16:05 | Report Abuse

monday can rebound again isnt it? still around 20c.

Posted by graphic > 2020-10-30 16:07 | Report Abuse

I think today 5pm....0.18?

Posted by graphic > 2020-10-30 16:07 | Report Abuse

Actually wat happen...so.many throw..

Posted by graphic > 2020-10-30 16:09 | Report Abuse

Announced?

Posted by Pcmont123 > 2020-10-30 16:13 | Report Abuse

Limit up don't worry

Posted by mdfadly > 2020-10-30 16:18 | Report Abuse

Wat is the news?no one knows?

Posted by Layman > 2020-10-30 16:18 | Report Abuse

Like the saying, sell on news (announcement came out this afternoon).
Coupled with bearish market sentiments in Bursa (down abt 28 points around 4pm).

*****
graphic Actually wat happen...so.many throw..
30/10/2020 4:07 PM

Posted by Gotluck > 2020-10-30 16:26 | Report Abuse

Good profit margin for surgical glove like Supermax. 30 times ++profit higher than before

Posted by izoklse > 2020-10-30 16:26 | Report Abuse

actually many not aware about this counter going into glove. once announcement release, price going down push by market sentiments across the board. All red and glove related counter all in red.

Posted by feenix1522 > 2020-10-30 16:43 | Report Abuse

1. existing glove business not start up
2. dr tan manufacturing n tech Sifu. man who make Inari $10 b company.
3. insas....... money to expansion..

Posted by Belcashcow > 2020-10-30 16:47 | Report Abuse

it seems like selling power is really high, maybe CL first? any advise?

Posted by Belcashcow > 2020-10-30 16:55 | Report Abuse

0.195 continue many throwing

Posted by scjm > 2020-10-30 17:12 | Report Abuse

there could be probably another one more upleg as it completed its AB=CD today

Posted by jasontan1177 > 2020-10-30 19:23 | Report Abuse

Wow insas big boss want to venture to gove biz.

The next inari ?

Posted by David Coperfield > 2020-10-30 23:19 | Report Abuse

DGSB 40 million on the glove train
Orientaldaily Fri, Oct 30, 2020 10:00pm-1 hour ago


(Kuala Lumpur, 30th) DGSB (DGSB, 0131, Growth Enterprise Market) announced that it will invest 40 million ringgit in Duramitt to enter the glove manufacturing and sales business.

The DGSB issued a statement announcing that it had acquired 1,289,500 shares of Duramitt, or 28.7%, from two sellers for RM10 million through PARAGON SPECTRUM Sdn Bhd, which holds 60% of the shares.

The company will then subscribe for 1,934,250 new shares of Duramitt for RM15 million, which is equivalent to 30.06% of the enlarged share capital; at the same time, it will subscribe for 15 million redeemable preferred shares of the latter for RM15 million. The three activities involving share subscription and preference shares involved a total of RM40 million.

DURAMITT is a company engaged in the manufacture and sale of industrial and professional gloves. The gloves produced are mainly supplied to the European, American, Australian and New Zealand markets. At present, the company is also expanding its business to manufacturing and selling medical gloves.

DGSB will use this acquisition to diversify its business to glove sales and manufacturing, and expects Duramitt to become the main source of group revenue in the future.

If there are no surprises, the above recommendations are expected to be completed in the first quarter of 2021.

DGSB suspended trading for one hour at 2:30 pm on Friday to make this announcement. After the resumption of trading, the stock price fell sharply. The market closed at 19.5 sen, down 3 sen or 13.33%, and the trading volume was 263.96 million shares. It is the second most popular stock in the audience.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=204381&name=EA_DS_ATTACHMENTS

https://www.klsescreener.com/v2/announcements/view/3253173

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=204378&name=EA_DS_ATTACHMENTS

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=204379&name=EA_DS_ATTACHMENTS

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=204380&name=EA_DS_ATTACHMENTS

https://www.orientaldaily.com.my/news/business/2020/10/30/372323

http://www.2rabond.com/about.html

Posted by INAR12 > 2020-10-31 08:30 | Report Abuse

HAHAHA

Posted by INAR12 > 2020-10-31 08:31 | Report Abuse

Only when news out and share price spikes then only investors realise inari2 is in the making, holding below 10s here

Posted by INAR12 > 2020-10-31 08:32 | Report Abuse

Special thanks to Sara investment and RX350 here!

Posted by Sslee > 2020-10-31 08:56 | Report Abuse

Dear all
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3100886
DGSB (25.48% associate company of Insas) together with INSAS TECHNOLOGY BERHAD (Wholly Owned company of Insas).

As at LPD,the total issued share capital of PSSB RM1,000comprising 1,000ordinary shares,of which 600 ordinary shares (60%) are owned by DGSB and 400 ordinary shares (40%) are owned by ITB.

• Proposed acquisition by DGSB via its 60% subsidiary, Paragon Spectrum Sdn Bhd (“PSSB”) from Teow Yen Kim and Lim Yen Chie of 1,289,500 ordinary shares in Duramitt for a cash consideration of RM10.0 million;
• Proposed subscription by PSSB of 1,934,250 new ordinary shares in Duramitt for a cash subscription consideration of RM15.0 million; and
• Proposed subscription by PSSB of RM15.0 million new redeemable preference shares in duramitt;
With the proposal Duramitt will be 50.1% subsidiary company of PSSB

Duramitt is a manufacturer and supplier of coated and uncoated knitted gloves. Its products cover a wide rangeof coated and non-coated gloves such as non-coated knitted gloves made from cotton, nylon, polyester, kevlar and other various types of yarns. Their coated gloves are coated with various type of compounds such as synthetic rubber (NBR), pure latex, water-based polyurethane, and neoprene, to name a few. Duramitt gloves are certified and tested with the European Standards Laboratory Test, and mechanical hazards EN388 tested and marked. Duramitt supplies its gloves to our customers in Europe, America, Australia and New Zealand.

Duramitt is expanding its businesses to include the manufacturing and sale of medical examination gloves.

As a result ofthe Proposals, Duramitt will receive new cash injection of RM30 million, which will be used to fund the purchase, installation & commissioning of 2 single former nitrate examination glove production lines at the current factory area of 270,830 sq.ft. by early Q1, 2021and another 2 double former nitrate examination gloves production lines by early Q2, 2021. The minimum production capacity based on the 4 production lines is 600 million pieces of examination gloves per annum.

Duramitt has a vacant 3 acres land adjoining its existing factory which can be built as a new factory or as an extension of the existing factory to accommodate an additional 12 examination glove production lines if the demand of examination gloves due to the COVID-19 outpace the supply. This will enable their examination gloves production capacity to generate close to 3.0 billion pieces annually

Posted by winglee38 > 2020-10-31 09:28 | Report Abuse

actually what mean for inari2?

Posted by SaraInvestment > 2020-10-31 10:51 | Report Abuse

total transformation in progress, press down next week and you may collect cheaper

Posted by SaraInvestment > 2020-10-31 10:54 | Report Abuse

cooker RX350 and Sarainvestment, thanks your both comments in this forum, bye. My next war is AT..........

Cheers

Posted by SaraInvestment > 2020-10-31 10:54 | Report Abuse

INAR12 Special thanks to Sara investment and RX350 here!

Cheers

Posted by Cikam > 2020-10-31 15:32 | Report Abuse

Banyak cash ini company

Posted by James Ng > 2020-10-31 15:33 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-10-31-story-h1535567107.jsp
[转贴] [Video:浅谈DIVERSIFIED GATEWAY SOLUTIONS BHD, DGSB, 0131] - James的股票投资James Share Investing

Posted by Cikam > 2020-10-31 18:33 | Report Abuse

Dia cakap apa pun aku tak paham..pookey

Posted by RX350 > 2020-11-01 09:48 | Report Abuse

H9eeeeeeeee

Posted by Cikam > 2020-11-01 11:28 | Report Abuse

Tomorrow can up ka?

Posted by Cikam > 2020-11-01 11:32 | Report Abuse

I think to invest in Duramitt is a good. The company already has manufacturing facilities and stable management. Rather then set up new company which has to learn a lot to run the business.

Posted by jasontan1177 > 2020-11-02 08:01 | Report Abuse

Top 5 glove manufacturer in coming years ?

Posted by VT899 > 2020-11-02 09:33 | Report Abuse

Duramitt company is solid and cash cow company. They are in the last stage of setting up 4 new latest production line for Nitrile and Latex disposable examination gloves. Targeting to mass production in End December and delivery by Jan 2021. Another 12 production lines is on it way after this 4 complicated by early 2021.

Posted by VT899 > 2020-11-02 09:37 | Report Abuse

In the same time, they already fully receive the product order neither from overseas major company big players nor local Trading company either OEM or Private label branding orders allocation on hand up to December 2022! No kidding... Really crazy.... Demand is so good as from their existing customers Worldwide who use to dealing with them in knitted coated gloves....

Posted by scjm > 2020-11-02 11:03 | Report Abuse

good price to AD at 17.5 to 18.5

Posted by scjm > 2020-11-02 11:22 | Report Abuse

harga atas 200 EMA dan buaya mulut masih terbuka...jadi apa nak takut

Posted by scjm > 2020-11-02 11:36 | Report Abuse

harga sasaran sekurang kurang nya 23

Posted by Callmejholow > 2020-11-02 13:31 | Report Abuse

https://klse.i3investor.com/blogs/callmejholow/2020-11-02-story-h1535574076-A_Victim_of_Bad_Timing_but_Means_Time_to_PICK_UP_MORE.jsp

Posted by izoklse > 2020-11-02 14:43 | Report Abuse

ok buy more already.

Posted by izoklse > 2020-11-02 14:55 | Report Abuse

kenyang dah makan banyak ni. tunggu naik pulak.

Posted by Huatde > 2020-11-02 16:34 | Report Abuse

Buy more already, waiting limit up

Posted by Lilygoh > 2020-11-02 19:08 | Report Abuse

Wait for tml ..hehe..average down successful .hihi..

Posted by INAR12 > 2020-11-02 20:10 | Report Abuse

Going to break 20 soon