“Luxchem’s FY19 results met our forecast and consensus estimates. The earnings upgrade is to reflect higher demand for chemicals used in the manufacture of gloves on the back of the Covid-19 outbreak.
“Typically, glove-related sales make up less than 35% of Luxchem’s total turnover,” the research house said in a note on Feb 18.
oil price keep dropping, oil stocks all half dead. Now glove counters will shoot again to highest this week. never miss this opportunity. The drop just now act as good profit taking for further up tmrw
Fooled excellently! All the way up to 86.5 and drop it like an egg. 14.5 sen wiped out! Anyone caught in the chase, will have to PRAY, because it will take a Loooooooooooooooong time to reach that level again!!!!
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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....
shadowz
711 posts
Posted by shadowz > 2020-05-13 09:44 | Report Abuse
The only glove related counter not moving at all