Will Supermax let go some of its glove factories and concentrate on Contact Lens business? If they have the plan, most probably they will want to concentrate the business operation in Klang valley and give up ex-Seal Polymer factory in Perak.
And if it happen, will Comfort boss buy back his x-company for future expansion as they need the land and buildings for production line set up....??
Only time will tell.
Big 4 valuation is too high. and only left 1 small with good prospect and low valuation...
STai =Supermax. If Supermax main market is in USA and Europe, long term business prospect is not so positive coz ST issue might coz 10 to 20% drop in order quantity.
Why say so? coz USA & Europe those so call well managed and criminal avoidense companies are unwilling to deal with suppliers who's chief is involve in criminal. Just look at Takada airbag, Olympes camera and so on.
Then it will be happy problems for Confort to support the additional order and most probable they will targetting to set-up 10-12 new lines in FY2019.
1. the conviction is not in supermax , is apl , although Thai is the person in charge. 2. everyone know it is political related. 3. thai did not make a cent into his pocket for this case.
4. think about 1MDB ... The judiciary has been bankrupt in Malaysia.
buy when others are fearful.. market will come roaring back. don't sai lang because we do not know where is the bottom. just buy a bit bit every time it goes down.
not to be too concern about the exchange rate as the US dollar has not only weakened against the ringgit but currencies of other glove manufacturing nations such as Thailand, Indonesia and China and demand is unlikely to shift to these countries.
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vxpoison
1,906 posts
Posted by vxpoison > 2017-11-24 18:44 | Report Abuse
難怪大脚一直收Comfort的票