Holistic view of RECT in Singapore (SEA)
$Rectitude Holdings (RECT.US)$ Looking at the financials and trend of share price in recent weeks, a long would be ideal as holding for long term growth for such shares in safety equipment company is ideal especially in the context of first world country like Singapore with its continuous prosperity and ever-growing landscape and evolving law requirements to keep the country running in its prime. Short does not make any value add in terms of investments as the margin are small or negative, why would we use security financing when a company in safety equipment growth is in tandem to strict laws enacted to protect the hordes of construction workers in Singapore building infrastructure. Believed or not - every individual has to be equipped in set of safety wear from top to bottom => translate to more revenue in the Company and the prospect for growth and reputation and publicity with Company being one of the unsung heros of the country to bring the daddy and mummy home to their family every evening to have family time. Unsung heros in such industry should be more of highlights in the media.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
105163710 : Bro 8802, your vocal support is not good enough, only the company performance must speak for itself. I am looking forward to the half yearly earnings report.
103782469 : You hit the nail on the head.
102838802 OP 105163710 : If it’s not sufficient for you, why don’t you come out your own analysis instead of being a free rider like a short seller?
105297962 : Hey, cool down men, we are all here to make profit then see money. Exchange of ideas are good but don’t go beyond personal Attacks. Wish everyone an enjoyable weekend ahead.