The Board of Directors of LKL International wishes to announce that its wholly-owned subsidiary, LKLAM, had on 6 November 2020 entered into a distributorship agreement (“DA”) with ATGE to carry out the business of distributing ATGE’s natural rubber latex gloves and nitrile gloves.
Please refer to the attachment for the details of the DA.
Sinopharm Vaccine (linked to Kanger) is on track for full approval in November or December
“The most promising of these, developed by Wuhan-based Sinopharm, is already being given to frontline workers in the United Arab Emirates. According to Wu Guizhen, chief biosafety expert at the Chinese Center for Disease Control and Prevention, Sinopharm’s candidate is on track for full approval this month or next.”
With LKL being distributor,this means selling ready gloves as an additional income without compromising their initial business. Moreover,they dont have to even have to look for raw material suppliers which is the main challenge for newer glove companies
Then, better go to Nexgram, they as well selling glove without produce. Same type distributor like LKL. plus, their price super cheaper and many healthcare product like Covid antigen, PPE, Tracvirus tracking system etc.
yes do it before it fly high. I already sapu 1000 lot on this counter last Thursday at 1.02. high chances will up 30% this week, but may not limit up today. if no up much, keep it also will not go wrong anyway. @Chh9618 Tomorrow early morning first thing first, top up LKL to maximum....before it is too late
AT already kena goreng last week. too risky to enter now.. more safer to enter LKL before ppl goreng @m_faiza1 Why buy LKL if AT super cheaper. AT produce, LKL only distributor.
at this covid pandemic period, go into counter related to gloves will never go wrong.. especially the counter not yet kena goreng. i also enter mahsing at 0.735 that time when rumour that they want to go into glove business, and many ppl insist to say this will be bubble, see how now? it will not go down below 0.9. just do not chase high then u will not kena burnt
@calvintaneng BETTER SELL KLK AS INSIDERS ARE DUMPING
IF PILOT PARACHUTES WHY STILL WANT TO BOARD THE PLANE?
I think this is looking positive - it has been stopped at 1.20plus but I believe it will break through in these coming days to reach new heights. For one, the world is buoyant of the Biden win - it means US will lead the way with emphasis on medical and healthcare to fight Covid scourge. China is already almost winning. The focus is now on US, and if my guess is right, the renewed focus on US will means healthcare stocks - gloves, medical equipment, software, logistics related - will be receiving some of the positive aftershocks.
As to why the directors are selling, well, if you have bought cheap and did not lock in the earlier round, what's wrong with them selling now? Dont forget, the selling by directors was made before the US elections.
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....
Money King
15 posts
Posted by Money King > 2020-11-06 13:18 | Report Abuse
https://malaysiastock.biz/Company-Announcement.aspx?id=1272118