Haha those yelling about having losses must be new to the stock market. Do you know that there are people making money when you’re losing money? This is how things work. So if you have holding power like Paktua said, just play long-term. Don’t sell if you don’t need the capital. Although I dont like Paktua, what he said is true
No matter what, I only saw dissapointed red red sea again today. Hope Tuesday will see blue sky... cross finger and leg tight tight... dun let the water blow out
RMCO extended, COVID cases increases rapidly around the world, more demand for healthcare equipment, more demand for PPE meaning that there's more to come..
South Korea running out of sick beds,LKL sales team get more orders there right now,reported by thestar today. Sure booming business for LKL before WHO certified safe covid-19 vaccines be available for at least until end 2021.
yup already published in star newspaper, south korea is facing shortage of beds. If this counter can secure contract with them, without doubt the revenue will be boosted
Believe many countries are facing sick bed shortages too... but is LKL a top world manufacturer of hospital beds? And how aggressive is LKL's biz development dept? Finally, I'm curious why they are purchasing 2 factories.
Is that for hospital bed productions or PPE or some new products.... are they high profit margin products or low profit margin products....i feel that with more new local and foreign players entering glove manufacturing... glove profits will be under pressure eventually.... whereas LKL produces vertical range of healthcare products... their profits are more sustainable even post pandemic.
This pandemic has perhaps opened doors to the international market never tapped before by LKL... they should be more aggressive and expand their international clientele base now....Good for their future biz even post pandemic... they are selling a wide range of products to a vertical market.
Oceancash is doubling its production of materials used in making PPE...it is indirectly indicating that there's a huge demand for PPE.... Hope LKL is also selling lots of PPE...soon more players will join in.
LKL is looking good against the HLT, ESCREAM, abang adik. Perhaps their QR is indeed good. Wondering if it is a good choice to average out! Really missing those days when they hit LIMIT UP every other day!
The Board of Directors of LKL International is pleased to announce that LKLAM, a wholly-owned subsidiary of LKL International, had on 1 September 2020 being awarded a sales contract to supply nitrile gloves to a China-based company (“Customer”) for a contract sum of USD18,960,000.00, which is approximately RM78,494,400.00 (based on Bank Negara Malaysia’s exchange rate of USD1:RM4.140) (“Sales Contract”).
2. FINANCIAL EFFECTS
The Sales Contract is not expected to have a material effect on the net assets and gearing of the Company and its subsidiaries for the financial year ending 30 April 2021. However, the Sales Contract is expected to contribute positively to the earnings of the Company for the financial year ending 30 April 2021.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 712 views | 4 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13998 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
MickeyLimitUp
422 posts
Posted by MickeyLimitUp > 2020-08-27 21:02 | Report Abuse
@paktua cool... I will fight to the glory.. holding since red sea..never let go untill a 100% safe vaccine is injected into my blood. Cheers