Maybe EG orginally selling price is RM1.8, bit because of the ceiling price make them sell their mask in RM1.15 and the remaining RM0.65 will as an incentive that claimable from government.. is this theory is correct ? Otherwise how the government can encourage the local manufacturer to produce and sell at the price which may let them suffer loss ? It is better to import from China instead of forcIng the local mask manufacturer To sell at cheap price and let them bankruptcy... am i right ?
now mask 50pcs only rm12, children mask only rm18 Please run lol, the more they produce the more they loss. bingo, I say today will touch 0.48 Loss a bit, but will average down.
Who knows EG is exporting a lot of their mask to US and other European country. No local face mask supplier would sell it in Malaysia. Margin so low.
But if you look in the western and europe market, face mask is expensive . By the way , looking at the china and US trade war, i bet a lot of our local supplier is exporting mask to US.
Thats is why our government last week announced they might want to stop local supplier to export the face mask
macd will cross down red line first before limit up. once cross up again then this counter will limit up. when? mybe next week, mybe next year. nobody knows.
ok see it like this : when Dr are giving vaccine to people he must using glove, facemask, ppe, and inject the vaccine using syringe. all these material is using when we need to do vaccination. so now you count yourself how much all these item needed to vaccination all the people in the world. u are thinking of people that is sick only but this vaccination is a must for everyone. so this share suppose to down or up. whyyy sooooo panicccc guys. the vaccine news is so goooood.
once vaccine available , most of economy sector will open, senang cakap tourism sector open, airlines frequency increased, stewardess , hotel front counter, theme parks, using face mask,glove, face shield, the demand is there. and this culture will be continuously until the disease totally gone and will take few years. once again the R&D on medical health care will drastically high. because they learn from mistake and never let this thing happen anymore, once again they need all this medical equipment. count for me how much is needed now? will it benefit EG, yes of course.
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....
phsqcsmi
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Posted by phsqcsmi > 2020-08-11 15:28 | Report Abuse
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