Looking at a bigger picture, I believe this counter definitely has some potential. Thing is that, you gotta be patient. Rome wasn't built in a day. I hope my investment on this counter will not go wrong and will bear fruits.
UK just discover a super Covid-19 strain. 40 countries have blocked all planes and cargo out of UK. Oil price and Dow Jones dropped. Recovery stocks in danger. LKL will shine as there will be increase demand for hospital beds, gloves which they have order of RM200 M and Face Mask which they just signed with Komark. Super rocket on the way. GO, GO. GO LKL.
Oh fk, sharks inside and is keeping the price range 10c-15c . We can expect covid19 sentiment to be at high point now, especially when US citizens abandoning their SOPs for christmas,plus pfizer vaccination rates only at 500k/week in US..
Malaysia today logged 2,062 new Covid-19 cases, with Selangor and Kuala Lumpur accounting for 74% or 1,518 of the cases.This pushed Malaysia's total cases to 97,389, compared with just 65,697 as at end-November.
*Both contracts are very much dependent on AT, as we do not know whether LKL has any other distributorship agreement with other glove suppliers. LKL does not manufacture gloves. The whole thing look much more convincing should they ink an agreement with the big brothers (TopG, Supermx, Hartalega, Kossan).*
If hospital beds are in shortage, and gloves contracts have been inked, shouldnt the price reflect higher value?
Lol did u guys see the images from the temporary covid camp where those beds are from pasar malam? Be realistic, kkm aint gonna spend $$ on beds on temporary camps
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....
tressele
1,498 posts
Posted by tressele > 2020-12-18 09:40 | Report Abuse
maybe, or maybe distributing vaccine later haha