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Agree
The only hope for Ppe stock is the mutation of a NEW variant that can circumvent the existing Vaccine and everything needs to reboot back to ground zero @ Jan 2020. If so, you will see:
RS $3.00
TG $5.00
UG $1.50
Medtec $1.98
Else no hope at all.
The only hope for Ppe stock is the mutation of a NEW variant that can circumvent the existing Vaccine and everything needs to reboot back to ground zero @ Jan 2020. If so, you will see:
RS $3.00
TG $5.00
UG $1.50
Medtec $1.98
Else no hope at all.
JessTrang ( Date: 23-Nov-2021 22:35) Posted:
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1: Many countries are going to be highly vaccinated(meaning the fear factor is gone)
2: more and more countries are opening up borders for leisure traveling
3: many countries are going to treat Covid as another kind of flu
4: future higher efficient vaccines/drugs will roll out
5: companies stock piling will stabilise or reduce(which will result supply overcome demand)
2: more and more countries are opening up borders for leisure traveling
3: many countries are going to treat Covid as another kind of flu
4: future higher efficient vaccines/drugs will roll out
5: companies stock piling will stabilise or reduce(which will result supply overcome demand)
Jasongan ( Date: 23-Nov-2021 20:56) Posted:
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https://www.globenewswire.com/news-release/2021/10/22/2319280/0/en/Global-Nitrile-Gloves-Market-to-Reach-57-1-Billion-by-2026.html
Published 26 Oct 2021Abstract: Global Nitrile Gloves Market to Reach $57. 1 Billion by 2026.
Published 26 Oct 2021
Abstract: Global Nitrile Gloves Market to Reach $57. 1 Billion by 2026.
Nitrile gloves are among the most preferred disposable glove options, offering the benefits of latex such as strength, durability, and flexibility, without risks involving latex allergy.
Well many countries going back to lockdown soon and sg side juz delaying the fact that virus is mutating faster than the vaccine.malaysia side just following sg side.china on the other hand is taking very seriously.i shall say now is a suitable price to go in.meanwhile the company will soon take action soon
JessTrang ( Date: 23-Nov-2021 20:43) Posted:
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This thinking has been here since from when?
Jasongan ( Date: 23-Nov-2021 18:29) Posted:
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2 counter arguments. First, putting money in the bank though earns peanuts, the deposit remains intact. Second, dividends payout in term of amount and consistency is never certain. Money in my DBS account is always safer than having RS shares in my CDP account.
sutiono ( Date: 23-Nov-2021 15:45) Posted:
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With price collapsing, even a high dividend rate like 8% can' t cover your losses.
You should buy bank stocks instead.
You should buy bank stocks instead.
sutiono ( Date: 23-Nov-2021 15:45) Posted:
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Haizz..... The sentiment real bad plus constant selling. I suspect EPF still selling but becos they under 5% so no need to report.
Shortist also ride along EPF selling from the look of it. Daily keep selling down.
Shortist also ride along EPF selling from the look of it. Daily keep selling down.
Jasongan ( Date: 23-Nov-2021 18:29) Posted:
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I think its btm from
here and bounce will be a rapid one
here and bounce will be a rapid one
Most of Bursa glove companies move back up from day low..
Check it out with your broker..
Bank interest rate so low , as long as RS dividend pay out ratio is minimum 40 % , it is always much better than puting monies in the banks
BBs money will be placed at forwarding looking markets with market optimism rather than get stucked and bail stuckists out... they may come back some day but now it' s slow bleeding in progress.
Longtermer ( Date: 23-Nov-2021 14:01) Posted:
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let' s pray it will ghost back to 1.20 and beyond
looks like will rebound after dropping to 0.10-0.20 cents.
for now, shorting will profit.
dyodd
for now, shorting will profit.
dyodd
Fully agree with your view.
TA_Expert ( Date: 23-Nov-2021 14:16) Posted:
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I still think this is one of the best glove stocks, wonder why getting cheaper ? Hope it spring back up soon !
No doubt that the company can still remain profitable but the era of extraordinary profit is over.
The market is forward looking. Thus the sell off by big funds.
$0.30-0.50 would be the range bound after the dust has settled.
The market is forward looking. Thus the sell off by big funds.
$0.30-0.50 would be the range bound after the dust has settled.
Hardly have such an opportunity, just look at others like Top glove, UG, Medtecs, all facing selling pressure probably BB also joining to short , also in general today market is bad
Longtermer ( Date: 23-Nov-2021 14:01) Posted:
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Not so easy.. when everyone think it is so easy, BB will do the gap up.
Now price is down to its bone.. aways be careful is best.
No buy no sell for now..
easywin ( Date: 23-Nov-2021 13:40) Posted:
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