Pa consolidation 8th feb. Rumours said maybe after conso will goreng like vivocom because this PA is a positive earning counter. Plus his client on solar is same with Greatech client. (FIRST SOLAR)
LAGENDA PTRANS VIVOCOM
3 above are positive earning counters which successfully consolidated with good demand
Avoid consolidation counters which got negative earning. Because the price will go back to origin price
KUALA LUMPUR (Jan 14): The rubber glove manufacturers saw declines in their share prices today after another bearish report from JP Morgan on the average selling price of rubber gloves going forward, as demand is expected to peak. In a recent note, JP Morgan said gloves are “not needed” while administering vaccinations and that demand for gloves will continue to ease, contrasting with the consensus expectation that demand for disposable gloves will not shrink as sharply.
JP Morgan, which initiated coverage on the Malaysian rubber glove sector with “sell” calls in December, cited the Centers for Disease Control and Prevention of the US, the National Health Service of the UK and the British Columbia Centre for Disease Control of Canada in saying that gloves are not required while carrying out vaccination. The American bank also stressed that glove prices may have peaked as testing efforts have started to plateau in most countries, especially developed ones. The bank pointed out that the current strong demand was due mainly to high testing activities globally. The anticipated slower demand, it said, implies limited upside to the average selling prices of rubber gloves.
(attention to alll the newbie.. read more news) glove market will never go high like last year again.. it will gradually fall to where it started .. first batch vacicine is coming at the end of feb..
However TG is a good FA company ... as posted coming QR n netx QR Profit is still good , just on how long it can sustain Profit above RM 2.0 billion per Quarter ...Long term players will still enjoy the Dividend n price will slowly up with the previous annual growth of 12 % to the pandemic pricing in a few years ...
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....
Mikecyc
46,887 posts
Posted by Mikecyc > 2021-01-28 13:00 |
Post removed.Why?