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Ramly Sem
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Pre Covid, RM6 so if profit tripled, using the same PER, should be valued at least around RM18. Profit can be higher so RM20 is more than possible.
Tristan L
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Gavin, true.. eventually fear will subside, but doesn't mean preventive measure will stop here. Do you know what's the function of condom besides prevent pregnancy? The fear from year 1981 until now. Think again.
Gavin Ho
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Even forward earnings doubled or tripled, it still cannot justify the current share price. It's obvious speculation play and will definitely crash very soon. The fear on covid19 will diminish with or without vaccines as the world already learnt how to handle it. Thus all signed orders or contracts on gloves can also be terminated by buyers when fear subsided. Fundamental always prevails.
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Ramly Sem
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Should look at forward PER not historical, dont write financial article if you dont know basic stuff