VIP is worth between 32c - 52c - 10+ baggers, page-2

I was in a phone conversation with a friend in Singapore and he is trying to buy nitrile gloves from Malaysia.

For the Nitrile gloves (FDA certification), the following is the quote for the 13million pieces and payment terms:

Manufacturer: local *Price: Rm41.50/box. If you work that out in 1000/box, that's USD96. Granted that this may have many middlemen price, a conservative price of USD50 would be sufficient.

The payments terms were 50% depo upon confirmation by PO issuance - 50% balance before stock leave warehouse

Thus within 7 days of full payment, the 13million pieces can be delivered.

Those terms are amazing

Most of these guys are only Certified for European markets but that is a big market too.

This is a great market and I am happy that for once, I have a stock that has fundamentals I like....