This counter is the worst among other healthcare stocks Other counters got at least some optimistic shareholders. This one so quiet and all pessimism and negativity
Menort you not yet buy into Adventa or you have bought at the very high? If you think adventa is wasting time then why are you here wasting your time commenting?
Rather than guessing around, one should visit its website adventa.com.my
Adventa comprised of 4 divisions. It does not produce gloves by its own, but its biggest division supply masks, gloves, bandages/plasters/swabs, disinfectant, syringes, sterilization products, hospital apparel, and other medical equipments and accessories. These products are currently in demand.
Second company division provides industrial and commercial sterilization services. As businesses reopen this is also in demand.
Third division supply home treatment medical products for renal patients. With the pandemic some might choose buy the home treatment machine rather than going to hospital.
Fourth division is an online ecommerce stores where people can order healthcare, medical and supplement products. It claims the store has 100,000 registered customers.
why Adventa directors repeatedly disposing off their shares this month, no confidence of own works in company? If captain jumped ship, why wait? better cut loss, jump ship, let it sinks ...
ADVENTA Berhad (Company No : 618533-M) (Incorporated in Malaysia) SECOND QUARTER REPORT ENDED 30 JUNE 2020 UNAUDITED NOTES TO FINANCIAL STATEMENTS
16. COMMENTARY ON CURRENT YEAR PROSPECTS - The negative side of the Covid-19 Movement Control Order (MCO)....... As the pandemic was well controlled by the government, the reduced new cases will REDUCE USAGE OF HIGH PROTECTION PPE by front line personnel. The impact will LOWER OUR SALES REVENUE by a LARGE PORTION, as OVERSTOCKS are expected at all healthcare centers. This may last till the end of the current financial year.
Look carefully, this Q is the best quarter for Adventa in term of Revenue & Profit since Q2 2013 (Q3 2019's huge profit due to one off gain)... PAT might be below expectations of many, but it's not bad afterall.. All.the best for everyone!
(New Delhi, 27th) India added more than 60,000 confirmed cases of new coronary pneumonia in a single day on Wednesday, bringing the total number of cases across the country to more than 3.2 million.
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Havoc27
44 posts
Posted by Havoc27 > 2020-08-16 00:52 | Report Abuse
Juz try to average down and wait for 1 or 2 months for qr report thn will fly agn so u can exit bcoz the company fundamentals are good think long term