Stampid, arbb got more hope. Gkent even this time with news also not so attractive. I don't think market is getting weak but some counter started to loss support. Especially construction, do calculate that the mortarium end at January but Gkent not a big worries, still healthy, those like ecoworld , I think have to more alert.
“As digital technologies are rapidly reshaping industries, the group is also looking to create a platform for investments into companies with digital technology such as Internet of Things and artificial intelligence that will serve as an extension of our smart metering development in the areas of urban solutions and sustainability, as well as emerging technology,” he said in a statement.
Sigh, Gkent, gloves ASP normalizing so rapidly, when you enter, what do you hope to achieve?? Same boat as Mah Sing(kalan). How about bubble tea or hot pot business since you lack original idea?
“Most of the projects announced are the smaller-scale projects to enhance the infrastructure for public use. These small projects would benefit part of the industry players mainly in the G1 to G4 categories of contractors,” he said.
There is a report that says glove asp will normalise early 2022 due to supermax throwing prices just to survive. The asp will drop to around usd25, and mahsing and gkent needs the asp to be usd40 to make a profit.
So late only enter, pandemic already 2 years old liao, what were they thinking? Better use the money and buy plantation or something else. Buy land and become property developer also good lah, wah lan eh, go do glove. Harta asp can go as low as usd19, no way gkent can compete, big boys will go into price war and gkent and mahsing can close shop
chances look good based on this news. _____________________________________
If GK partner KPS ( Selangor Son ), then GK of getting Rasau Water Treatment Plant project is High bcos KPS is almost guarantee the project...Almost every CEO in KPS is also Director in Air Selangor ( mother and Son )
the glove trend already finished, ASP new low will be come very competitive , now only they wan venture into this biz...i really can't get what the management thinking....zzz
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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....
stampid54
310 posts
Posted by stampid54 > 2021-10-13 13:00 | Report Abuse
LRT 3 we got chance or not?