I think the whole market is red means most will come back to glove now. After all glove had the correction and consolidated already. Looking healthy now. No sudden shocks. More stable growth now.
Yes World No.1 Glove maker TOP GLOVE can overtake Nestle (RM 140.00). Any companies which are World Top Class can see their stock prices is very expensive. https://fxssi.com/top-10-most-expensive-stocks
As long as the company got 24 hours producing, price up and down not very worry for me in short term. Since it got full business booking in 2020 and taking new booking for 2021. I think quarterly results won't make me sad and panic.
Rakuten88, that is what we call market sentiment. Our bursa Malaysia is mainly controlled by local retailers now with foreign outflow increasing. Even a small news will have huge impact on prices. For your information, the worlwide peak of coronavirus is over. Number of new cases are reducing in most countries. A lot of countries are opening borders and airports from mid-June onwards.
@invicibletrader Peak is over? Yesterday was slight dip in cases compared to previous. Thats all. With the riots in us and more economies opening the risk is higher. Watchout for the american data in a week or two. This pandemic is from region to region. Started with asia and now epicentre in south america. I am with the healthcare system and trust me without the med and vaccine and without the lifting of pandemic status nothing will change. Economies will somehow open. Japan opened up and in weeks announced disaster. I have been here since january. Feel free to ride the wave.
If u open a shop and have 30 seats but 100ppl waiting. No other shops. Ppl are starving and willing to pay more. What do u do? Lol
I believe small glove company like comfort can easily increase the selling price and announced good results. Now topglove selling price is based on who can give the highest price than direct have ready stock. You can see today total covid-19 is 6,702,699, and US total casses is 1,924,051, tmr morning will hit 2mil people. Now Brazil is already lose control, total casses is 615,870. All the glove counter order already until next years, many glove company is like topglove who can give higher price than can get ready stock, the selling price is increase 300% to 500%. Let go see credit suisse report.
AstraZeneca is aiming to produce 2 billion doses of a coronavirus vaccine — and it could be ready by September PUBLISHED THU, JUN 4 20202:57 PM EDTUPDATED AN HOUR AGO Lucy Handley @LUCYHANDLEY
It doesn't matter when comfort QR result will be out because topglove QR will be out next week on Thursday. Remember what happened to supermax qr result after announcement. All glove counters limit up
It doesn't matter when comfort QR result will be out because topglove QR will be out next week on Thursday. Remember what happened to supermax qr result after announcement. All glove counters limit up
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Posted by waikeat1028 > 2020-06-05 10:27 | Report Abuse
Hi Allen, yeah and i believe in this counter ba, long term still benificial ~~~ less headache