it is inevitable, HLT market cap is too small, retailers love to hantam habis2 hlt tomorrow sure limit up before lunch break, after that, other small globellve counter will be attack too.
From now less than 11 hours count down to open market at 900 am Monday 14th Sept 2020. V should take a rest, sweetdream tonite which stopped debating anymore!
Has the euphoria for rubber glove makers dissipated? Wong Ee Lin / theedgemarkets.com
September 03, 2020 10:30 am +
Two other research houses have meanwhile downgraded the glove sector to "neutral" from "overweight".
JF Apex Securities Bhd attributed its decision to downgrade to the deceleration of new cases of COVID-19 and the faster-than-expected development of the vaccine.
Another reason, it said, was that the momentum of rising average selling price (ASP) for gloves might not be as strong as initially thought as more companies were venturing into the medical glove business.
Also, the demand for gloves was tapering as a result of less social activities, said JF Apex in a note on Aug 27.
AmInvestment Bank on Aug 25 also downgraded the glove sector to "neutral" as the research firm believed that the valuations for glove companies under its coverage had been fully priced in.
"We think that the ASP will begin to taper off in [the first quarter of] 2021 after the expected increase in ASP until end-2020, which has been priced in. Share prices of all of the glove companies in our coverage have exceeded their target prices," said AmInvestment.
I really can’t understand why every counter I bought ah sure can see Mickey Mouse spam spam spam , until I want to read others ppl comments also susah oh , tolong la , mickey San , dont kaka cao cao la
The increase in glove production has increased from the current 1 billion to 4.1 to 5.3 billion a year. 2Q2020's net profit increased from 2.93 million a year ago to 4.86 million, an increase of 65.7% The Hlt business has gloves, has glove line machinery, and distributes covid 19 test boxes. The global epidemic is still serious. Even when vaccines are released, the company’s products are demanded. The prospects are bright. Recently, the company has privately allocated 20% of its issued shares. The construction of a new glove factory and the increase of the factory’s glove dipping production line are ironclad evidence.
If u see people happy got profit from their counter, give them blessing. And say HUAT. I regret sold half of my hlt last friday , knn . Now 1.5. congrats to all Last week got one brother said he trapped at warrant 1.3, hope u still holding on and can profit soon.
I wonder if last friday limit up, today limit up again, it will considered as 2 consecutive days ? Better maintain at 28% up today. So tomorrow got space to fly
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....
Mikecyc
47,011 posts
Posted by Mikecyc > 2020-09-13 17:45 |
Post removed.Why?