Do not waste your time, effort and money on goreng penny stocks which promises the future potential earnings which likely does not exist. Those who talks about venturing into various new businesses such as gloves etc are often relying on sunshine and rainbows to attract naive new investors especially retailers.
There is no way new entrants like them can compete with existing players with clientele, scale, technology know how and certification. While it is true that some select few new venture may be legitimate due to ex-management with experience being involved, majority are fluffy and dubious. If you want to put your investments into penny stocks that promises earnings, it would be wise to put your funds into the big established players which have shown you the actual earnings and continuous record high earnings yet to come. Many of the big boys like Hartalega, Top Glove, Kossan, Supermax, Riverstone are all at attractive prices again.
Do not let your hard earned money be taken away from you. Remember the saying - the market never fails to punish the greedy, the egomaniacs and the ignorant. Just because prominent investors or blogs promote it, does not mean it is true. Times are very tough, business is very hard to build and establish, making money isn't an overnight effort. Do not be caught up by wishful get rich quick promises. All the best and stay safe.
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