VIP 0.00% 0.3¢ vip gloves ltd

Spoke to company yesterday 2 production lines once rectified in...

  1. 1,021 Posts.
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    Spoke to company yesterday
    2 production lines once rectified in May once Malaysian shutdown completed will mean the company will be producing more gloves independent of the Order to December 2020. So you can expect significant revenue uptick.
    Given the sale of land and buildings will go ahead in June 2020 the company will be debt free.

    Ive been stitched up buying way above current price like all current holders due to what seems like long term holders selling every available share they have. With the raising at 2.9c to previous backers of the company in 2019, this price was based on pre corona virus and for the share price to be back at 3.7c imo is the massive buying opportunity. I will be trying to accumulate some more of these next few days.

 
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