buy apple account:Gloves still pique interest

2021-04-06 32 views 0

扫一扫用手机浏览

USDT第三方支付平台

菜宝钱包(caibao.it)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台、usdt跑分平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt无需实名寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键无实名出售Usdt。

choi Baccarat

sàn casino đổi thưởng tiền mặt uy tín SỐ 1 ,Bạn có thể nạp và rút tiền với; Ví điện tử ; đồng tiền ảo; usdt; an toàn tiện lợi và có độ bảo mật cao. Mọi thông tin chi tiết xin liên hệ URL:www.vng.app。

,Rakuten Trade’s head of equity sales Vincent Lau says there are trading opportunities for investors. “Valuations of glove stocks have come down reasonable levels. So when prices drop to a certain level, you see investors bargain hunting again, ” he tells StarBizWeek.

SHARES of glove makers, which were the hottest stocks at the height of the Covid-19 pandemic, have been heading south - sending valuations to “reasonable” levels.

As Covid-19 vaccination progresses in many parts of the world and investors shift to recovery plays in anticipation of things normalising, glove stocks continue to see price volatility.

But while some are fleeing, others are picking shares in this cluster of stocks following the price weakness and possibly the appeal of their dividend-related windfall earnings.

Rakuten Trade’s head of equity sales Vincent Lau says there are trading opportunities for investors.

“Valuations of glove stocks have come down reasonable levels. So when prices drop to a certain level, you see investors bargain hunting again, ” he tells StarBizWeek.

He said companies’ earnings will remain good, better than pre-pandemic levels even though average selling prices (ASP) are coming down.

In the month of March for example, the Employees Provident Fund (EPF) have been buying shares of Hartalega Holdings Bhd, whose shares are down by about a quarter year-to-date to RM8.98 yesterday.

The provident fund now owns 7.41% in the glove maker, up from 6% it held early in the year.

Likewise, the fund has also been seen picking up shares of Kossan Rubber Industries Bhd, bringing its stake in the company to 9.13% as at end-March.

Its share price was last done at RM3.24 or down by 26% since the start of the year.

On the other hand, the fund has mostly been disposing of shares in Top Glove Corp Bhd where sentiment has been hit by the forced labour issue it is facing in the US, which raises concern on the glove maker’s prospects, going forward.

Shares of Top Glove had slid to RM4.45 this week before closing at RM4.75 yesterday. Its share price has fallen over 40% since the peak recorded in October 2020.

Kenaga Research’s Raymond Choo says that glove stocks under the firm’s coverage are currently trading at unwarranted 6x-10x calendar year 2022 price earnings ratio (PERs) and offering dividend yield of 6%-8%.

He believes that the share price retracement over the past few months have priced-in weakness in ASP trend moving into the second half of the year (2H21).

本文转载自互联网,如有侵权,联系QQ:616107390删除。

本文链接地址:http://www.wzpyxbls.com/post/2930.html

相关文章

发表评论