I agree. They will gvie but verh low. All those cash pile there is to act as nuclear deterrence. If China glove company start to cut oruce aggressively, they will think twice, cuz Kossan got huge cash pile to fight it out. Same with all glovemakers. Keep billion billion in the bank to act as nuclear deterrence
Posted by WinBigOrLoseAll > 1 week ago | Report Abuse
with the eps normalized i doubt kossan will give out divvy this year. highly it will revert to the pre-covid style very stingy to give out any divvy. _______ 100% right , all glove divy very stingy before maniac !!
2billion cash, how many companies can be so lucky to have 2billion cash at banks?
Sometime people is funny, while share price at RM8, then everyone shout about going to RM80; while share price at RM1.4 then everyone dare not to buy even RM2billion above cash at the company bank.
BIG BOSS is selfish ......using own money buy at low ......using comapny money buy at high ......the price is low....why not using company fund to purchase some treasure share....... haha
Many think about Topglove is still number 1 actually topglove no more number 1 ...profit Margin 1% ....very bad management .... No 1 is Kossan and Harta ...they still maintain above 10% profit Margin ...
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....
WinBigOrLoseAll
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Posted by WinBigOrLoseAll > 2022-06-01 14:04 | Report Abuse
with the eps normalized i doubt kossan will give out divvy this year. highly it will revert to the pre-covid style very stingy to give out any divvy.