As World Health Orgnization (WHO) announced Covid-19 outbreak as a pandemic, glove stocks naturally became attractive to KLSE investors.
Followed by healthcare related equipments such as face masks, PPE, hospital beds and inter-related medical equipments and finally the most offensive products are
(ii) Glove Hand Formers / Moulds for production of gloves .
(iii) Glove Dipping Systems
IN SHORT, 1 PICTURE SAYS A THOUSAND WORDS,
1 VIDEO SCENE SAYS ALL THE POSITIVE WORDS
PLEASE SEE THE ABOVE 2 LINKS ON ANSELL ,AUSTRALIA
IN GLOVE DIPPING LINE SYSTEM
MEGA CUSTOMERS ARE
RIVERSTONE FACTORY BASED IN MALAYSIA,
RIVERSTONE HOLDINGS LIMITED/SGX: AP 4
IS LISTED IN SINGAPORE
LATEXX PARTNER, MALAYSIA AND OTHERS.
WAIT TO LIMIT UP VERY SOON
First target ------ RM 1.00
Second target---- RM 1.50 and above.
Of course , most of the investors, at this time claimed that the 2 target prices are just “ wild dream “ and not able to achieve successfully,
Much to their surprise, the first target will achieved VERY, VERY, VERY SOON ,
From 3 Dec 2020 onwards.
As for the second target prices –RM1.00 and above will be able to be achieved sooner than the majority of the investors thought otherwise,
on the way for limit up ( + RM0.30 )
Just like the ferocious bull that charged and hurdled on the King of the jungle -the Lion King.
LOW : RM 0.20 /27 March 2020
HIGH : RM 0.95/ 10 August 2020
MOST OF THE RUBBER GLOVES FACTORIES, LOCATED IN MALAYSIA
ARE IN THEIR FULL CAPACITY FOR THEIR RESPECTIVE PRODUCTIONS,
ADDING NEW LINES,
ADDING, BY EXTENDING NEW FACTORIES SPACES FOR PRODUCTIONS
NEW FACTORIES ARE READY FOR NEW PRODUCTION, EXAMPLE RUBBEREX CORPORATION (M) BHD.
WHO THEY WILL PURCHASE THESE DIPPING LINE SYSTEM
OF COURSE, THE ONLY TWO LISTED COMPANIES
HLT GLOBAL BERHAD
K SENG SENG CORPORATION BERHAD/5192
BOTH ARE LISTED IN KLSE
all the above 3 named stocks have gone in multiple times limit up 2 days in a row
(just look on Esceramic/0100 - good track record)
Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION , WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.
DISCLAIMER : Investment involve risks, including possible loss of investment and other losses.
This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advices are required, the services of a licensed professional person should be sought.
ISSUED BY SEE RESEARCH
(SENSING EAGLE EYES RESEARCH )
HIDDEN GEM IN GLOVE DIPPING LINE SYSTEM
DO NOT HAVE TO WAIT TO LONG
LIMIT UP VERY SOON
QUOTE AND CREDIT TO targetinvest
Author: targetinvest | Publish date: Fri, 7 Aug 2020, 12:04 AM
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Today got very very good and interesting company that will maybe see limit up a few rounds due to many investors overlooking on this company potential despite being directly related to GLOVE INDUSTRY, and enjoy the support from top glove companies like TOPGLOVE and KOSSAN..
This unknown company is hidden as a steel pipe manufacturer, but actually got a 100% owned company doing set up for glove dipping line system
Remember to allocate some bullets for
KSSC - 5192,
because this stock is super undervalue.
There is one subsidiary under KSSC (100% wholly owned) named KSG ENGINEERING SDN BHD
KSG ENGINEERING WEBSITE
There are end to end consultant and fabricator and contractor to build glove dipping line for large company such as TopGlove.
They also provide spare parts
KSG ENGINEERING MAIN CUSTOMER
As you can see, KSG ENGINEERING is supporting TOPGLOVE, KOSSAN (2 of the TOP4 glove manufacturers in the world)
The closest competitor with listed glove dipping line provider is HLT, which have market cap 1.66 billion.
If based on current valuation, KSSC should be worth RM 20 already. But since this is a little bit over the board, what about RM 4? Just grow 10 times the market cap?
So have to get ready KSSC to be limit up a few round in a row!!! We know that a lot of gloves company are buying lands and setting up new factory in a big big aggressive manner to cater for the demand. KSSC will aggressively benefit from this.
Short term TP RM 1.50