COVID-19 DELTA Stocks: VIP IS # 1 ASX minnow TODAY, # 1 MACRO PLUS 2022-BEYOND!
VIP GLOVES ON-OFF-ON-OFF AD NAUSIUM....MALAYSIA, USA, AUSTRALIA, EU, GLOBAL...
Suggested Research Sites:
HotCopper: HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
VIP Gloves Ltd: https://vipglove.com.my/about-us/corporate-profile/
Market Index: https://www.marketindex.com.au/asx/vip
Major Reasons Why?
1. Ticks all 20 boxes in my Check List
2. Here's some:
-solid Board of Directors, Management
-in right market segments;
-has right range of products;
-expanding local, Asian, Australian, Global markets;
-very profitable;
-cashflow positive
-strong P&L
-solid BS
-own assets
-ideal location-Malaysia-being deep inside key raw material-rubber latex
-expanding, exciting future
-major production expansion
-going from Local (Malaysia) to Global
-key Regulatory Approvals in Place (USA) plus In Train (EU, Australia etc)
3. Now ADD These:
-SP of A$0.047; major scope for upside
-low MC of < $37m
-high generating "Cash Cow"
-highly profitable
-Dividend paying now, plus increasing in coming years
DYOR
ps: feel free to add to/subtract from above...
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