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UG Healthcare Corporation
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tuntun
Veteran |
25-Jun-2020 17:00
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Tomorrow open 1.1 and will gap up for sure 👍
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Longtermer
Elite |
25-Jun-2020 16:59
Yells: "A disciplined investor is a wealthy investor" |
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x 0 Alert Admin |
Check out Investnote, the current up trend may hit $1.20.. presented by Philips senior remisier on Facebook. | ||||
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Djsoul80
Master |
25-Jun-2020 16:56
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5 mins to closing. I'm still holding on to 102. Good to see if it's closing 105 /106. Good luck everyone whose invested.
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tuntun
Veteran |
25-Jun-2020 16:52
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Ug and other medical equipment and tools provider not really depends on the dow ..all is very high demand due to covid 19 which will be critical without all these ...ug soon 1.5
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Djsoul80
Master |
25-Jun-2020 16:32
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Good. I've already got profit in sight! Nice. | ||||
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Djsoul80
Master |
25-Jun-2020 16:30
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Really? That's great news! Good luck everyone!
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SQueeze
Master |
25-Jun-2020 16:29
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It' s finally showing some life. US Futures shrugged off. :)
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Djsoul80
Master |
25-Jun-2020 16:28
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Precisely. Today's market in red. Tmrw will be as well. Just chill and let the market works for you.
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SQueeze
Master |
25-Jun-2020 16:18
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By right, gloves should be ok ba. More cases mean need more gloves. So the bear and the bull at deadlock now. Let' s see who wins in 45 minutes time. The bid-ask spread is still a lot.
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Djsoul80
Master |
25-Jun-2020 16:16
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Doesn't matter much. If got money to hold, accumulate to sell at your targeted price. Otherwise, cut loss. That's trading investments. It doesn't goes one directions. Otherwise, everybody here can easily huat already.
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uncle2020
Senior |
25-Jun-2020 16:12
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the sentiments also not good STI in red europe now trading red will Dow up/down tonight ? Spore GE draws attention from trading floor ? |
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Djsoul80
Master |
25-Jun-2020 16:11
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x 0
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Bought 102 to support. | ||||
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SQueeze
Master |
25-Jun-2020 15:20
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1.03 is strong support, nobody wants to sell below Level 104 But very high already .... in such a short span of time.
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chanbs
Elite |
25-Jun-2020 15:13
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x 0
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Still no panic selldown below $1 |
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Premier
Senior |
25-Jun-2020 14:15
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Getting ready to chiong ...... | ||||
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spec008
Veteran |
25-Jun-2020 12:58
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From the Edge... SINGAPORE (June 25): As the novel coronavirus (Covid-19) pandemic continues to infect and claim lives, there is no danger of an oversupply of gloves just yet. According to Maybank Investment Bank Research, global demand for gloves is expected to grow 20% in 2020-2021. This would be supply-led as there is insufficient capacity to cater to the sudden jump in demand stemming from Covid-19, the brokerage points out. In contrast, the total capacity growth of the world?s top five biggest glove producers is only expected to grow 16%-19% in 2020-2021, according to Maybank IB. These glove manufacturers are Top Glove Corp, Hartalega Holdings, Kossan Rubber Industries, Supermax Corp and Sri Trang Agro-Industry. Only Malaysia-listed Top Glove and Thai-listed Sri Trang have a secondary listing on the Singapore Exchange. Given the stock replenishment requirement and the long sales lead time into mid-2021, Maybank IB believes the market would only reach equilibrium in 2H21. As such, short-medium term oversupply risk is low, it says. However, there is a risk of oversupply in 2022, warns the brokerage. Maybank IB expects global demand for gloves to grow just 8% in 2022, lagging the total capacity growth of the ?Big 5? of 12%. Still, the brokerage believes the new capacity could be absorbed by the local China market as the country needs to replace some of its vinyl gloves consumption with nitrile gloves. ?Moreover, given that the margins of the China glove-makers are not superior to that of Malaysia?s glove-makers, we believe the average selling price pressure from the China peers may not be excessive in an oversupply situation,? Maybank IB analyst Lee Yen Ling writes in a note June 24. | ||||
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spec008
Veteran |
25-Jun-2020 12:55
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Ok if you say so👌
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Superfast
Supreme |
25-Jun-2020 11:58
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Ya... I see the same pattern as ug....
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easywin
Supreme |
25-Jun-2020 11:08
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Will quietly but surely inching up, now a bit disrupted by Dow futures but also created a good opportunity to buy at low price, after all target price $1.36 still a big gap to go. | ||||
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lsyiat
Veteran |
25-Jun-2020 10:54
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WHO just reported 150,000 new Covid 19 cases in a single day. Currently there are 9.427mil cases and 484k deaths in the world. I?m very sure ug as glove makers will report increased profit in the next quarter. You should not sell your holdings and you can make more money if you wait. Patience is the key to successful. | ||||
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