MCLEAN (0167): MCLEAN TECHNOLOGIES BHD TO BE RIDING HIGH ON VACCINE LOGISTIC CHAIN SUPPLY ?
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For 2020, the most happening trades in the share market would be gloves and vaccines related companies, and logistic company that is going to be involved in distribution of vaccines.
Gloves company, you know who they are. Vaccine related companies that had inked MOU for distribution or manufacturing will be those like BINTAI, SOLUTION, HWGB. But how will the MOU goes, or will it materialized, that is another question, but so far, the companies shares are goreng goreng.
Logistic transportation are also on the hype, such TASCO that provide cold chain transportation services. TNLOGIS are also in the mood.
However, one might be wondering, what about companies involved in BULK PACKAGING FOR TRANSPORTATION OF VACCINE? Any listed companies in Malaysia will be close to be doing that?
IF YOU ARE WONDERING WHICH COMPANY, LET ME SHOW YOU A POTENTIAL COMPANY LISTED IN KLSE THAT HAD THE CAPABILITIES TO PROVIDE BULK PACKAGING CONTAINER FOR VACCINE TRANSPORTATION.
This company is MCLEAN TECHNOLOGIES BHD (MCLEAN - 0167)
MCLEAN mainly provide few services
1. Services for HDD industry including assembly process, cleaning and washing.
2. Services for Surface treatment for HDD industry, semicon, printers and oil and gas.
3. Manufacturing of packaging products - all types of tray, plastic corrugated partition, and customized plastic pallet that can withstand up to 1000KG load.
Since this is about packaging, so we will talk about the packaging segment of MCLEAN.
Below is the example of an insulated plastic pallet shipper for vaccines and other medical products.
More dimension to see how this plastic pallet looks like
The above is China brand plastic pallet shippers for medical items, including vaccines.
So what about MCLEAN ?
MCLEAN ALSO DOING SIMILAR PRODUCTS IN MALAYSIA AT JOHOR.
Their product now is servicing the semiconductor industry packaging. Customer include KESM.
So here are the image of the products, can be customized to suit customer needs.
So, can MCLEAN ride big on this?
Malaysia minister say that they want Malaysia to be a vaccine manufacturing hub in South East Asia, probably this will be able to change the fortune of MCLEAN in the coming future.
Now MCLEAN share price still looking good, around 20 cents range.
I believe MCLEAN will be having positive changes in 3 to 6 months time.
This is not a buy / sell / trade call for MCLEAN. Only informed of the potential prospect for MCLEAN. Any investment or trading decision, please do your own due diligence.
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https://klse.i3investor.com/blogs/targetinvest/2020-12-11-story-h1537532352-MCLEAN_TO_BE_RIDING_HIGH_ON_VACCINE_LOGISTIC_CHAIN_SUPPLY.jsp
