TEKSENG & some more face mask counters
Ok by now we all should know that the government already make it compulsory for everyone to use face mask in public area and transportation starting 1st Aug 2020. What is so different from previous situation?
- it is compulsory, like it or not people will need to wear
- previously optional, no big deal
- school already open, more face mask to be used by pupils everyday? you know if you got kids
- lately more new Covid19 cases, the fear will make people come back to SOP and use more face masks
The point is, more and more face masks needed. Good news for face mask counters? Yes!
Some related counters:
- TEKSENG - tekseng.com.my/pp-non-woven-fabric
- KOMARK - theedgemarkets.com/article/komarkcorp-joins-face-mask-bandwagon-invest-rm20m
- NIHSIN - nst.com.my/business/2020/05/593608/ni-hsin-inks-agreements-market-face-mask-ppe-malaysia-global-market
- CAELY - theedgemarkets.com/article/caely-make-face-masks-and-ppe-ni-hsin
- PRLEXUS - prolexus.com.my/prox-products-proxmask
- SCGM - theedgemarkets.com/article/doubledigit-profit-margins-seen-face-mask-ops-scgm
- NOTION - thestar.com.my/business/business-news/2020/06/03/after-q2-loss-notion-vtec-hopes-to-start-face-mask-production-in-june
- EG - eg.com.my/product.html
- XDL - theedgemarkets.com/article/xidelang-ventures-reusable-face-mask-business
Is there anymore? Please put in comment.
Here is price change for the last 5 trading days:
*TEKSENG 38.1%
EG 26.5%
*SCGM 25.8%
PRLEXUS 20.2%
CAELY 19.2%
NOTION 7.8%
NIHSIN 4.9%
KOMARK -2%
XDL -8.3%
*counters breaking 20W high (high momentum, yeah)
What about
TEKSENG tomorrow? It closed 0.87 on Thursday. Last time it was at this high was in 2016. Nearest support now at 0.80. Moderately to wait and see at this line and enter if not broken. It has been gaining for 3 days so might me pullback on Friday for profit taking.
- it is compulsory, like it or not people will need to wear
- previously optional, no big deal
- school already open, more face mask to be used by pupils everyday? you know if you got kids
- lately more new Covid19 cases, the fear will make people come back to SOP and use more face masks
The point is, more and more face masks needed. Good news for face mask counters? Yes!
Some related counters:
- TEKSENG - tekseng.com.my/pp-non-woven-fabric
- KOMARK - theedgemarkets.com/article/komarkcorp-joins-face-mask-bandwagon-invest-rm20m
- NIHSIN - nst.com.my/business/2020/05/593608/ni-hsin-inks-agreements-market-face-mask-ppe-malaysia-global-market
- CAELY - theedgemarkets.com/article/caely-make-face-masks-and-ppe-ni-hsin
- PRLEXUS - prolexus.com.my/prox-products-proxmask
- SCGM - theedgemarkets.com/article/doubledigit-profit-margins-seen-face-mask-ops-scgm
- NOTION - thestar.com.my/business/business-news/2020/06/03/after-q2-loss-notion-vtec-hopes-to-start-face-mask-production-in-june
- EG - eg.com.my/product.html
- XDL - theedgemarkets.com/article/xidelang-ventures-reusable-face-mask-business
Is there anymore? Please put in comment.
Here is price change for the last 5 trading days:
*TEKSENG 38.1%
EG 26.5%
*SCGM 25.8%
PRLEXUS 20.2%
CAELY 19.2%
NOTION 7.8%
NIHSIN 4.9%
KOMARK -2%
XDL -8.3%
*counters breaking 20W high (high momentum, yeah)
What about
TEKSENG tomorrow? It closed 0.87 on Thursday. Last time it was at this high was in 2016. Nearest support now at 0.80. Moderately to wait and see at this line and enter if not broken. It has been gaining for 3 days so might me pullback on Friday for profit taking.Note
Let see weekly performance for these counters:Tekseng 40.8%
EG 18.8%
SCGM 42.9%
Prlexus 18.0%
Caely 19.7%
Notion 5.0%
Nihsin 2.4%
Komark 21.6%
Xdl 0%
Ocncash 27.4%
Iconic 23.7%
All are doing well since last week except XDL.
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