Other gloves not so green but LKL pretty good today. maybe because LKL is the only Hc touched lowest and most oversold, so congrats those grabbed from 0.850 , Those queue at 0.845 sorry you missed the boat :)
@stockhunter88 , but profit in June already covered their small losses in Dec. Anyway this is bursa Malaysia. You can earn so much profit if you know when to enter and then run in negative earning company. Remember gets, bintai, they even had flied further. Not to day positive earning is not good, but positive earning (even superb/supra normal profit) always got people dengki one, you see how media and RSS attack our big top 4 gloves? Our big 4 will eventually win just matter of time, if you are invester than should be no problem. Anyway, currently media always reporting our tertiary hosp like HKL, sungai buloh, Klang (just to name few) already had their beds and medical instrumentation fully occupied, im sure this LKL has more opportunity for its upside grow
LKL is not only involved in beddings for hospitals. With KKM's estimate of 5,000 cases a day next month, quarantine at home may not be viable - and I think they are also looking at hotels and other premises for help, including private hospitals. If my guess is right, private hospitals that treat covid patients will refurbish their beds once the pandemic is over because of the stigma. but let's watch and see what happens. By the way, what about LKL's glove venture to China. Any news from there yet?
sentiments are on glove, ppe, vaccine.. i dont think its bed or equipment.. LKL probably can ride with the glove sentiment abit due to the contract acquired.
HC leaders are all on 1st day of rebound today, and LKL is the only oversold hc, so if you still want to throw at low (0.855 until 0.870), i wonder what price you in and you will be among the most regretful trader/invester. :)
@grabcar : then you expect all counter must fly everyday? LOL. buy at low and sell on max high , after you leave then just wait to collect around your previous entry. Thats the way
Just collect at 0.855-0.870, 0.855 is very strong support, even if leaked it wont go south much as stoch RSI is oversold. Somemore, with RSS on big four almost defeated, gloves sentiment will become more stronger, sit back, relax, dont panic and ride the trend. Grab while people are fear. Later when price beyond 0.90 sure retailers FOMO haha.
Catalyst : New variants of COVID keep found by some countries.
i think because PP 0.847 of 10 million units wanna take small kacang profit at 0.855 LOL. so desperate to cash out haha. until those inpatient PP finishes, then only can fly up i think. no matter how, LKL will still follow hc sentiment just matter of time
look at the demand of medical equipment from whole world now. I have very strong confident with this counter will come back very soon. they are expending the business to multiple segment include glove and mask.
Covid-19 is good for this counter as the demand for bed increases not only domestic but international. Since their expansion and private placement, there have been much activities on the counter. From hospital bed then trading in masks now gloves, i should be looking at steady dividends this quarter for LKL. Wonder will there be getting in other counters in vaccines !!!!!!!!!! ?
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....
ecurbkew
55 posts
Posted by ecurbkew > 2021-01-19 12:22 | Report Abuse
Come 0.845 I am waiting for you