A good performing company and is very profitable with RM10.5M in the last quarter and with so much cash on hand. Quite similiar size to Careplus but in terms of profit and cash, MTAG is much stronger but share price is behind Careplus, a lot to catch up.
[Stock to Monitor] Mtag : Cut lost : RM0.425. Break out shorterm resistance currently. Monitor the break out is valid or not end of the market. EMA25,50 Golden cross today.
3M may have many ways of entering the market. They have so many products ie healthcare, cosumer, industrial, chemicals, petroleum etc. Different companies focus on different segments depending on their capabilities to gain market share. The higher the sales volume, the distributor will get higher discounts from 3M hence lower cost of goods. RM40million in sales with 25% Net Proft is really good.
PN17Soon Aiyo, so many authorised 3M PPE distribitors in malaysia.
Just check fr 15 minutes found 10.
I thought this company is sole distributor 3m means can buy.
3M hv web page fr those who want to be authorised disributor. 09/05/2020 11:19 PM1
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....
Baby Shark
5,954 posts
Posted by Baby Shark > 2020-05-08 16:14 | Report Abuse
Holiday also can comment.. hehe