Whatever the Naysayers said... just say now. This is heading for TP and I am hopeful of the wonderful Christmas. All the B.S. of Windfall tax, fortuneteller of doom & gloom, IB money out, RM3 TP, sell now before too late. WTF lah... What say you now??
Thx comfort for the nice increase, let's go another few rounds, tomorrow budget must support glove industry since they have done such a good job for supporting the nation.
The above news really favor to glove stocks. The fact is No confirmed vaccine at the moment and the world still need gloves and the glove industry is highly supported by M'sia government. If the fact goes accordingly to the news, tomorrow financial budget shall favor the glove industry as well. Jom get the ride before covid successfully being vanished.
Naysayers talk nonsense about windfall tax...in opposite, government is offering more incentive n assistance for glove sector...together we fly to the moon!!!
why not? jom get the ride and rocket up next week. All the surrounding environment, situation, announcement and news are going to favor the glove industry at the moment. Just go for it without hesitation, after this lets look back to all the forgotten blue stock chips
Watch tv1 just now, got one guest on the budget kept saying there will be tax increase or new tax on profitable sectors, he says take it as a sacrifice for the nation. Bloody moron. That's y it the rally just now halted and reverse.
hahaha if there is new tax ... believe me all will go out outside Malaysia build factory adi ... definitely no windfall tax one ... is common sense ... hw u wanna implement tax on something that had high volatility on pricing ... there is no fixed price for gloves
Just my 2 cents ok, there should be either an increase in tax minimal 2-4% or a one time off tax deductible contribution. I feel this has been priced in.
If im right next week should rally, provided DJI steady bom pipi
Wukong o, go back your jungle pls.. stock not suitable for you.. after we earn will spare you some jio yaa.. by the way good spirit of create panic sell weyy.. remember buy low sell high, thanks for wukong the bad mouth wannabe
Instead of guessing whether there will be a windfall tax, I ask myself these two 2 questions:
1) will an increase of tax stunt the earnings growth? Will it impact the the company to a point of incurring losses? We all know the answer, the fundamental is still intact.
2) if the fundamental is intact, why does the price fall ( if fall) when the announcement comes (if any at all)? Its due to bad sentiment, does sentiment change?
Would this be a good time to buy or sell? Last 2 weeks were hampered with uncertainty, it's ending soon.
I hope the gov will increase tax on the highest individual, the richest to help out the poor.
While help build Malaysian glove into an even more dominant player for decades to come by positive initiatives. This is the only sector has is growing exponentially while the rest are all going Holland.
For me, to jeopardize the entire sector for a minimum gain of tax is pretty silly when in fact by growing the sector with more new players and expansion, you provide more jobs, more earnings which ultimately lead to far far greater amount of tax collection.
I heard a one time off minimal contribution only leh
Wah kalau ini betul, last boat ini hari lor
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Posted by genghis > 2020-11-05 16:44 | Report Abuse
boom!boom!