Trade representative from US claims the excessive increase in tariffs on China is to protect American businesses (not Malaysian businesses), it is the same playbook they used on Malaysian Gloves companies a couple years ago by accusing Malaysia of force labors. https://www.youtube.com/watch?v=mFLvPA4mNmM
I think the speculated money likely come from dumb Mainland Chinese money, just to speculate blindly. In the near terms, US is desperate to protect their onshore businesses, better watch out for more sanctions on Malaysia.
Tariffs take time and any impact will be seen in 3 to 9 months time. Choose wisely as there are at most 3 gloves companies worth buying to ride the sentiment
Just like YTLPower ... have not install their nvidia gpu ..their price already shoot up to Rm5+. WHether can make money or not ... their price already shoot up. Imagine glove companies that will have CERTAINTY on tariff on Chinese gloves. Ride the wave up from this point onwards. ..until news changes.
I am done for this round. I don't expect much better news than this that punters can ride on. Have to look at the shorts covering numbers tomorrow to be sure but I decided to take profti near limit up. Good luck to all
Posted by Jonathan168138 > 1 minute ago | Report Abuse Xiaoeh missed the boat again. Asked you to sell, you didn't listen. Asked you to buy, you said, "Wait first." Then you sold at the wrong time, listening to that HuangBk72. 🤧🤧🤧
Felix nothing to do with Mr Huang and anyone it is my own buy sell decision nvm la learning through the investing journey btw i believe in fate 是我的不回错过 会错过的不是我的
Just wait and see, implement in 2026, means in next two years, China manufacturers will crazily produce and dumping into US and world markets. These two years will be another tough and disastrous year to Malaysia manufacturers.
After 2026, mostly two things will happen, 1. even after imposed 25%, but the price still lower than Malaysia products, 2. they just dump the glove in world market, then other country repackage it and export to US.
Itu Western punya god ada tolong mah. Sudah expected trade war between US and China in V shaped recovery posts but didn't expect came so fast. I thought come to US election baru Baiden will announce. Look like Baiden is running out of bullets. 🤣🤣🤣🤣
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MQ Trader 217 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 443 views | 5 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
Carpophorus
66 posts
Posted by Carpophorus > 2024-05-15 17:04 | Report Abuse
Looking at the % gain numbers for the warrants, if not tmrw, the day after, some folks will be staying up in super high condos above the clouds ....