The pandemic is like bless in disguise. Earlier only healthcare related surge like crazy, now company like ACO & ICONIC also shifting their business to heathcare. But looking at both, I personally take both for short term. Since many sharks like to play their dirty game as well, better take the profit once hit our target. I try not to be too greedy. Have a nice day everyone.
Lets do a quick calculation. 3million pieces of mask/month, thus 9million pieces/quarter. If earning 10sen profit/mask then the profit will be 900k. What if earning profit of 20sen/mask? Hmmm
With enter into the mask sector,the future of this company is better now as i do feel the mask will become an essential goods for the coming 6-12 months.
mask manufacturing is a point, and positive bottom line since so many years is also a good indication..i do feel the future is there especially the management had mentioned its sales of the iconic point who held in Simpang Ampat, Penang have fully sold since it launched on last year...Hence, the bottom line of this company should be good for the coming 2 years..In addition, the introduction of HOC also will benefits this company
read the article, the MD mentioned that moving forward the group aims to improve the company performance and result with property development as the main driver...just wonder how come a company with so many years of losses can still survey until today and just turn around after listed.
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Posted by amidzham85 > 2020-06-10 15:53 | Report Abuse
hi all, after read the news..i smell something