“Our buyers are mainly medical and mask players and almost all local mask players are our clients now. We are also shifting a bit to the export markets and we do sell to North America and Europe,” says Eng Chun.
Company financially are net cash. Sentiment is bad now for HC but it drop to level of under value can average down. This company have turnaround story after write off solar for past 2 years
Market over reacting on glove and related health care stocks including Tekseng after news out that Russia has found the vaccine. Some lucky ones pick up the news late last week. The big boys started unloading their position and Tekseng is no exception. Let's hope they don't continue unloading then it will turn ugly, cheers.
Retraced is just a temporary and healthy. Apek TS @ EPS 6.18 and low PE 16. Peers (OCN) trading at PE 35...TS is worth RM1.54 at PE25, RM1.85 at PE30. Why so worry...slow and steady is better.
seems like vaccine comes out, all healthcare no longer exist. hallo, the vaccine even not passed final stage test and the quadrant for volunteers are so less. Is the vaccine trustable?
for my opinion, russia annouced vaccine is launching soon, but people of united states would not trust and use it, in united states, every year having a flu and a lot of people still not accepted the flu shot, this is why i thinking glove and masks demand is still very high
Our thinking might correct but the market sentiment controls the share price. In such market sentiment, no matter how good the company is, retailers just buy and sell like a swarm of bee
Imagine the number of people need to be injected with vaccine... BILLIONS!!! Imagine the amount of masks and gloves needed and the amount of time needed to inject those vaccine. At least till end-2021.
By the way, studies have indicated that the vaccine can only sustain for few months, after that the anti-body is gone, and needs to be re-injected. Never ending guys...
Face Masks is still needed for precautionary measure.
we just follow the trend...no point fighting with the market..if u already got profit..lock ur profit first..market always there,we can always buy back later.
prospect of TS still bright and wait for next QR result end Oct/Nov will give wake up call. Expected better than previous QR, last 2Q r much better than the rest of the co of making mask or PP non woven
We invest stock based on earning...….except if u r short term then based on sentiment n chart...…...u can see those Tech stock earning 1c or 2c already jump to 3+...that is sentiment n growing story
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....
newuser999
231 posts
Posted by newuser999 > 2020-08-11 16:58 | Report Abuse
https://www.firstpost.com/health/russia-launch-worlds-first-covid-19-vaccine-tomorrow-12-august-need-know-8679581.html