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Engine Start. mco extended also benefit to scgm as well..my point of view resin price wont impact earning much as where got businessman buy high sell low? normally if inventory or material price increase , the price will be issued to customer as well. Also they should have inventory in low price to cover those contract signed early... like sugar price up 1 cent for 1kg but the teh tarik also up 1 cent. in fact 1 kg teh tarik can make 100 teh tarik.....
as long as don't chase high and manage the risk. I think should be fine. now share price already drop almost 40- 50 ‰ compare to the peak , so I start to invest this as I could start see the value.. Also share market is like a cycle, when one sector go up, there is another sector will be go down, good company just need to collect low and wait, patience always will be rewarded ..
yup.. slowly buy, risk management... with company still making profit and future prospect seem to be good with new normal, i guess downside is minimum.
