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This is the first time TC call buy in glove , TC think the current price can camp. Buy when everyone is in panic . Factor in for bad quarter. Tan Sri mentioned next qr will improve , by then everyone will chase back. TP 1.20
Retailers only chase when they see the price surge up , scold when they see the price falls . Do not follow the herd. BUY when nobody smell the money .
Singapore cannot rule out” the return of safe management measures such as the wearing of face masks indoors in the coming weeks, depending on how the current Covid-19 XBB wave pans out, Health Minister Ong Ye Kung said
Keep it in your mind yar , Glove is speculative play , the real one won't come so fast, when it up 20 - 30 % , take profit some . Next Qr won't looks good . Kind reminder only .
the share price already factored in and investors already foresee in next QR.. so it won't drop so much.. meaw meaw.. it might be going up slowly from the bottom
“For FY23, we expect losses could continue in the first three quarters at a decelerating momentum, and break even by 4QFY23, when restocking activity emerges,”
