More bad news looking forward. According to Topglove : "Better ASPs will be supported by less aggressive pricing competition. Glove makers are unlikely to sell their new glove production at lower prices after running down their high inventory level," its executive director Lim Cheong Guan said at the virtual press briefing. Only hope is they have locked in a forward cover price for their sales.
The results, for the property sector we get an R2 of 0.20 which indicates that there are many counters in the property market that are richly priced and many are also poorly priced. This I cannot say for the plantation sector of R2 of above >0.90 where it looks like the market has efficiently priced the plantation sector.
Property stocks under the regression line would be considered undervalued versus its peers that are on the line or above it. Conclusively, there are higher chance of hunting for value stocks in the property sector right now.
construction materials up like crazy, but projects signed on 2019, how to make money? then glove business also dying. finish. now busy promoting their plastic business. sell, run before too late.
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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....
drkelvin20
579 posts
Posted by drkelvin20 > 2022-03-01 10:09 | Report Abuse
Anybody know when is divident X-Date and payment date?