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UGHealthcare
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UGHealthcare share worth keeping?
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Richardlai
Master |
26-Jul-2021 17:27
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Yes coolbear is quite right ...prices coming off. Market sentiment has been bad today too ... | ||||
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Everyday
Elite |
26-Jul-2021 17:12
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Closed at 0.575.....No worries....what goes down will come up.....like last 2 weeks went down to as low as 0.545 and rose to 0.620. gradually .
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Everyday
Elite |
26-Jul-2021 15:46
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Went down to 0.575 but now up to 0.580 as at 3.45pm. | ||||
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Everyday
Elite |
26-Jul-2021 14:49
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Ya....looks like downtrend.......have to be patient....hold tight to our shares... financial result coming out next mth....hope for good news
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coolbear123
Senior |
26-Jul-2021 14:33
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A lot of selling pressure today, not a good sign.
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Everyday
Elite |
26-Jul-2021 14:26
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Haha....interesting....none of us have control over the price or mkt....no matter how much we talk....just giving my views....by the way I bought over last few weeks and months..at 0.560, 0.575, 0.610 upwards ...even 0.710.....plus....just have to wait......dare not buy at 0.545.....then it went up all the way to 0.620 over 2 weeks...
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coolbear123
Senior |
26-Jul-2021 14:00
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Very optimistic. The more you talk the more it comes down.
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Everyday
Elite |
26-Jul-2021 13:58
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Down to 0.580 at 1.58pm.......the lower the better for buyers......where is the fear?....what goes down will come up again. The traders are hard at work...buy low and sell high...... merry go round.....along the way they may push up to 0.70......hard to say....the big players may come in any time....and push up the price..... .. |
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satruz
Master |
26-Jul-2021 13:13
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Just poor overall mkt sentiments.... | ||||
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Richardlai
Master |
26-Jul-2021 13:05
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Maybe negative impact of HK shares perhaps | ||||
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Everyday
Elite |
26-Jul-2021 10:38
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Ya....down to 0.590 and now at 0.595 as at 10.37am.....we really have no control.....maybe the mkt players are in control.....even if it go right down there are willing buyers....when will it go up to 0.70?.....hope for the best.... it takes time...in this trying moments for the Gloves counters....
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Richardlai
Master |
26-Jul-2021 10:01
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Hmm seems heading south instead ! | ||||
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Everyday
Elite |
26-Jul-2021 09:23
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Opened at 0.605.....let' s see how is the day...... | ||||
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boringguy
Member |
25-Jul-2021 23:32
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http://n9.chinapress.com.my/?p=76953 |
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Everyday
Elite |
24-Jul-2021 08:11
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RECOVERY SOON.... UG 3rd factory supposed to be ready by end June 2021 should be ready anytime this year.....can add addional 59% capacity which is extra 1.2b gloves. This would be more than enough to cover whatever losses due to EMCO and MCO. Would be interesting to read the 2021 financial report which should be out next month. Here is 2020 annual report in which they talk about expansion plans which were already completed by June 2021( extra 500m gloves) except the 3rd factory(extra 1.2b gloves) to be ready later. They also have a new distribution centre in Suzhou City, China. Cultivating lasting demand We believe that it is timely for us expand our production capacity more aggressively to narrow the gap between our upstream manufacturing supply and downstream distribution market demand. The Group has commenced our capacity expansion plans through (i) an increase of 500 million pieces of gloves in our extended production facility at one of our two existing manufacturing facilities, to bring our total installed production capacity to 3.4 billion pieces of gloves per annum by end March 2021, and (ii) the recent acquisition of a new piece of land which is in close proximity to our existing manufacturing facilities to facilitate the construction of a new production facility for a production capacity of 1.2 billion pieces, with the aim of bringing our total installed production capacity to 4.6 billion pieces of gloves per annum by end June 2021. These capacity expansion plans are being carried out concurrently. In addition, the Group has also made further inroads in the Chinese market with the establishment of a new wholly-owned distribution company in Suzhou City, China. We believe that these expansions will enable the Group to leverage and further enhance economies of scale as we continue to cultivate demand for our &ldquo Unigloves&rdquo brand of disposable glove products through our entrenched distribution networks in key strategic markets and expand into neighbouring markets. |
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Everyday
Elite |
24-Jul-2021 06:57
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LATEST UPDATE FROM INVESTOR RELATIONS UGHEALTHCARE UPDATE ON COVID-19 SITUATION IN THE GROUP&rsquo S MANUFACTURING DIVISION IN MALAYSIA The board of Directors (the &ldquo Board&rdquo ) of UG Healthcare Corporation Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to the Company&rsquo s announcements dated 28 June 2021 and 12 July 2021 (the &ldquo Previous Announcements&rdquo ), and wishes to provide a further update on the Covid-19 situation in the Group&rsquo s upstream manufacturing division located in Malaysia. Unless otherwise defined, all capitalised terms used herein shall have the same meanings ascribed to them in the Previous Announcements. The EMCO imposed on the district of Seremban, Malaysia where the Group&rsquo s upstream manufacturing division is located, has ended on 22 July 2021 as scheduled. thereforThe Group&rsquo s manufacturing operations has resumed on 23 July 2021 at 60% workforce capacity as mandated by the Malaysian government. The employees&rsquo health, safety and well-being remain the Group&rsquo s utmost priority, and the Group will continue to comply with stringent Covid-19 prevention and control measures in its operations. The Group will continue to monitor the evolving Covid-19 situation closely, and update shareholders on material developments as and when they arise. By Order of the Board UG Healthcare Corporation Limited Lee Keck Keong Executive Director and CEO 23 July 2021 This announcement has been reviewed by the Company&rsquo s Sponsor, SAC Capital Private Limited (the |
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Everyday
Elite |
23-Jul-2021 17:26
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Today opened and closed at 0.605. Highest was 0.615 and lowest was 0.600. | ||||
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Everyday
Elite |
23-Jul-2021 17:02
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In this kind of situation...the sellers panic as they realise that they cannot sell at higher price... so they let go at lower price...the buyers happily bought at lower price....resulting in the share price dropping So far it is not so bad.... up by 5 cents and down by 5 cents......today closed at 0.605 ( lowest was 0.600 and highest was 0.610)
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Everyday
Elite |
23-Jul-2021 16:37
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Low volume means not much buying and selling....low interest for the time being....have to see next week... some people say the Big Boys or the big players are not pushing.....maybe move to other counters....not sure....just have to wait.... above 0.600 is a good sign....just that whether it can climb up to 0.620...0.650...0.700....have to wait......
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eric998
Supreme |
23-Jul-2021 16:12
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so what does that meaning?
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