So don't miss the cheap fare glove boat & then become yet another sore arse sour grape bitterheart non-stop sochai bullshhitting trolling naysaying wacko cracko stuppid morron iddiot dikkhedd later on
can people explain logical reason buying Hlbank at current price level? this price level is ABOVE PRE-COVID. how will bank perform better with MCO 2.0 in place? Interest rate falling meaning less profit, no more moratorium means NPL will go up. Absurd.
still thinking of recovery? Malaysia economy with MCO 2.0 is expected to contract by 6%. Banks will be hit the hardest, when loan deliquency and default showing up.
KUALA LUMPUR: Bank Negara Malaysia’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) unchanged at 1.75% during its meeting on Wednesday. It said in a statement for Malaysia, the resurgence in Covid-19 cases and the introduction of targeted containment measures had affected the recovery momentum in the fourth quarter of 2020. “As a result, growth for 2020 is expected to be near the lower end of the earlier forecasted range. “For 2021, while near-term growth will be affected by the re-introduction of stricter containment measures, the impact will be less severe than that experienced in 2020, ” it said. However, Bank Negara said the growth trajectory was projected to improve from the second quarter onwards.
According to Malaysian Rubber Glove Manufacturers Association (MARGMA), global glove demand is about 330 billion pieces per year & estimated to grow at 10% annually
For 2021 global glove demand is expected to grow to 396 billion pieces versus the total production capacity of Malaysian glove factories of 280 billion pieces
While for 2022 global glove demand is expected to expand further to 475 billion pieces against the projected total production capacity of Malaysian glove factories of 363 billion pieces
While also, a research analyst from a local IB has also written that covid-19 vaccine deployment could in fact add another further new demand source of 18 billion pieces per year, assuming that 60% of the world's 7.5 billion people gets their vaccine in two doses annually
Itu HartaLega, TopGlove, Supermax & Kossan gave them bittcch bassttard robber gangster IBs, non-stop shorting boddoh bangang idddiot digkkhedds & forever panicking frenzied throw-at-low short term gambling monkkeys a good old hard fuggkking today
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....
GrowingRich
2,632 posts
Posted by GrowingRich > 2021-01-12 23:38 | Report Abuse
I told y'all guys