Momentum too slow. No one notice. Should do like Mahsing when they first announced glove, LU. Market capitalization also so much smaller than MS, should be easier to push.
astino, why future big cash back company? sorry, I am new to this company & curious to see boss keep buying back the shares. Not sure whether there is something is brewing?
According to Kean Tet, Iconic Worldwide will be spending a total of RM155 million to build the PPE manufacturing facilities on a 5.53-acre land parcel in Batu Kawan, Penang. Its plan is to produce 3.1 billion to 3.5 billion pieces of gloves and 220 million pieces of face masks every year.
He highlights that Iconic Worldwide has secured orders from Europe and the US.
The fact that the boss bought up more shares from the open market at prices 0.54, 0.545, 0.57 and 0.575 shows his confidence in his vision. Nothing beats having the boss personally vested in the company and putting his own money on the line.
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Icinic gogogo