Careplus will double its total production capacity to 8.8 billion pieces by end-2021 from 4.1 billion pieces currently — with a total of 50 production lines by then.
Look at the world graph . Winter is not even here and Covid cases have spiked .
Imagine when it is . When vaccine programme starts , even more gloves will be ordered.
I am silent reader all this while, but i just want to point a pure idiocy statement of mickey showing the data abt 120b can b produced in less than 1yr... 1st the 120b extra demand when harta mentioned needed 3yrs is due to the fact a production line to be build and run effeciently requires 1.5 to 2yrs hence, they needed new plant to meet this extra demand. Reason as all manufacturer currently are at cap max for the next 2 to 3 yrs and they are still catching up with backlog orders. So no matter how high is their production cap, if they have no cap how are they going to produce to meet this 120b market shortage? So use ur brain do some thinking... is not they cant complete this 120b is at their current max cap for the next 2 to 3 years, is impossible unless deman hv a sharp downturn.. where im sorry to say we wont see it in the next 2yrs atleast... i buy gloves from these giants and is crazy the mthly increament in pricing given by them...
Trade wars are on . EU , America , India won’t order gloves from China as they believe it is time to teach them a trade lesson for discriminative policies .
Malaysia is a neutral political business hub and we will boom for the next 5 years .
Stop dragging down your own nation’s economy and sabotaging your people’s livelihood with rubbish news .
Glove boom —> more employment Glove boom —-> economic recovery
Don't let your weak heart allow the rich to get richer and the poor poorer. Hang in there, and a have mindset that look not just the temporary but long term. You want profit, you practise patience. Then resilience, then only when obstacle (people scaring you) comes your way, you'll be like a fortress.
where the one say will fall to below RM1 or RM1.20? throw out them now, i buy all..... really stupid know no bound....maybe one day doctor will find miracle medicine for your stupidity...
The market was seemed to be manipulated yesterday when all glove stocks were sold at low points at 14:45,16:00, 16:35. This is because IB did the shortselling! “Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.” Market maker = IB can shortsell !!! IB short selling to create havoc in the market because of the call warrants issued expiring soon, esp in Oct. Many of them are in bad loss esp those issued with Low premium before April.
The short selling sold 17 Sept must deliver the shares in 2 days time. Thats called T+2. Those sold today will still buy back tomorrow coz there is such a thing as Express Transfer to deliver shares to you in 2 days time. Its a gamble, so today will be buy back time for these IBs. That means the rebound must not more than 64 Sen in order for IB to win big. If there are a lot of buyers today these Short Sellers will lose. These are the warrants going to be expired. (i) C77/CIMB /28 September (ii) C78/Kenanga/8 October (iii) C80/CIMB /27 October (iv)C 81/RHB /23 October (v) C 83/CIMB /27 October
All will cause banks to lose tons of money right esp Maybank c84.
All glove supporters. The call warrants is a big issue now as dirty hand manipulate the market deliberately despite knowing to true value of glove stocks. We have to stay united, share this info to the our community to fight against wicked IBs who use many tactics and rumours to shatter the market ... and shortselling are the latest manipulation!
When vaccine is approved and ready for the masses, there will be a renewed surge in the demand for medical disposable golves. See all the links posted below. Just see the pictures where even to handle the vaccines gloves are used. And its 2 x doses over an interval per person. The world population is about 8 billion. So just imagine the demand. Currently itself supply unable to meet demand with the cases over 30 million. What more for 8 billion X 2 doses.
Picture paints a thousand words. Please see all 5 X links below
WY Chan, where you 1-1.80 per share? come on....dont tell my you have forgotten that? need me to refresh your stupid head? you couldnt even remember it? must see doctor for to cure your stupid head
definitely you can hold 10 years because you're so stupid....still where yesterday your claim the price will fall down to 1.00? still waiting with my money...because your stupidity know no bound.
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....
CUTLOST
5,178 posts
Posted by CUTLOST > 2020-09-18 09:36 | Report Abuse
Good.. Hope will close above Rm3.50.today