Posted by Apple1234 > Nov 24, 2020 9:21 PM | Report Abuse

supersinginvestor (无常): I think you get lose from Kossan better ba, ok?

Posted by Basketball4Life > Nov 24, 2020 9:21 PM | Report Abuse

@Kossan
Guys, fresh Bloomberg subscribed news

Legit?

Posted by Ukga > Nov 24, 2020 10:19 PM | Report Abuse

While the world is waiting for immunization, some investors are beginning to move some funds out of glove counters into other sectors as we can witness share prices picking up over there. Slowly but surely we are going back to more norm in 2021. The focus on glove counters will not be as 'hot cakes' as before going forward. Glove counters will go north or south from here is anyone guess and will depend very much on investors' sentiment.....Cheers

Posted by NPRA1985 > Nov 24, 2020 11:38 PM | Report Abuse

Malaysia's crucial Budget 2021 vote likely to be delayed

The vote on Malaysia's budget in Parliament, scheduled for Thursday (Nov 26), that could decide the fate of the Muhyiddin Yassin administration is set to be delayed to next week on Dec 1.

https://www.straitstimes.com/asia/se-asia/malaysias-crucial-budget-2021-vote-likely-to-be-delayed

Posted by NPRA1985 > Nov 25, 2020 1:25 AM | Report Abuse

The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.

https://apnews.com/article/joe-biden-donald-trump-financial-markets-coronavirus-pandemic-financial-markets-b28c38a5d1f7b000a7598b91d12bdc4b

Posted by PanjiAlam55 > Nov 25, 2020 3:28 AM | Report Abuse

Politician especially UMNO always creating inconsistent to the market, WTH....!

Posted by PanjiAlam55 > Nov 25, 2020 3:35 AM | Report Abuse

UMNO members still thinking that they are fully in powered, just wait for the GE15 rakyat will not give them not even 1 vote, rakyat already feed up with UMNO ever since the big liar and pirate stealing rakyat money (KWAP)..but he still deny it although court has sentence him to jail few month ago...

Posted by awlovely > Nov 25, 2020 8:37 AM | Report Abuse

Good morning everyone. Should buy in more now or will it
keep dropping?

Posted by Kossan > Nov 25, 2020 9:11 AM | Report Abuse

Guys, fresh Bloomberg subscribed news

Gloves mania has had a big year so far and 2021 could be even bigger. ASP’s more than doubled in price through third Quarter’ 20 and this Quarter would surpassed to new height due to halted production lines in world’s largest gloves manufacturer, Top Gloves.

The ASP has added almost 30% since the unprecedented closure news broke out, shooting toward its all-time high of around $95-105/ 1,000 pieces spurred on by a wave of orders for mass vaccination.

Traders and government officials are now turning to panic spot order what will happen if gloves does manage to break its all-time high—with one analyst predicting it will be the beginning of a two-year run toward a $150/ 1,000 pieces.

Posted by supersinginvestor > Nov 25, 2020 9:41 AM | Report Abuse

Aiyo

Posted by supersinginvestor > Nov 25, 2020 10:07 AM | Report Abuse

Hehe..gloves kena covid...
Say vaccine needs gloves...
But now looks like gloves need vaccine more...ahahahaha

Posted by yamapipi > Nov 25, 2020 11:25 AM |

Post removed. Why?

Posted by NPRA1985 > Nov 25, 2020 12:57 PM | Report Abuse

Schedule for budget voting on track — source

As for now, the schedule for the crucial Budget 2021 vote set for tomorrow is on track, according to a source familiar with the matter.

“Ministers have also been reminded to stick to their 20-minute allocation and not exceed it — as what happened on Monday and Tuesday. Questions that can’t be answered due to time constraints will be answered in writing,” a government source familiar with the scheduled budget vote told The Edge, adding that at present, the budget voting is still “confirmed” for tomorrow as scheduled.

https://www.theedgemarkets.com/article/schedule-budget-voting-track-%E2%80%94-source

Posted by supersinginvestor > Nov 25, 2020 2:01 PM | Report Abuse

Gloves share buy backs n epf buying is artifically holding up prices..this means no more rally in gloves..just soft ending...

Posted by Apple1234 > Nov 25, 2020 4:10 PM | Report Abuse

supersinginvestor (无常): yes yes, vaccine need glove, welcome back Kossan and all in.

Posted by Apple1234 > Nov 25, 2020 4:11 PM | Report Abuse

Supersinginvestor (无常): yes yes, vaccine need glove. All in Kossan ok?

Posted by supersinginvestor > Nov 25, 2020 4:13 PM | Report Abuse

The lord cursed the self righteous with covid...then gloves protected the cursed ...now gloves r cursed....simple....no need financial report to know this...u want to own cursed gloves? Sell gloves buy banks ...The self righteous r cursed to walk the earth till judgement day. N judgement day is upon them gloves...the gloves protect the self righteous from the curse bestowed upon them(covid)..n now the gloves r cursed to eternal damnation...sell the gloves n buy the banks..pbbank hlbank n be rewarded dearly...

Posted by Kossan > Nov 25, 2020 6:32 PM | Report Abuse

Fresh from BBC

Personal protective equipment (PPE) stockpiles in England were inadequate for the Covid pandemic and price rises earlier this year cost taxpayers about £10bn, the spending watchdog has said.
The National Audit Office said there had been a particular shortage of gloves and aprons.
The government said the NAO's report recognised that NHS providers had been able to get what they needed in time. Almost £12.5bn was spent on 32bn items of PPE between February and July 2020. During the same period in 2019, 1.3bn items were bought at a cost of £28.9m.

Posted by Apple1234 > Nov 25, 2020 8:33 PM | Report Abuse

Supersinginvestor (无常): you are genius...... can you wash your oily hair?

Posted by Kossan > Nov 25, 2020 9:30 PM | Report Abuse

Fresh from Reuters

Malaysia's Top Glove Corp, which has shut some factories after thousands of workers tested positive for COVID-19, said on Wednesday it expects some supply shortages that could push up prices of medical rubber gloves.

The company, the world's largest latex glove maker, said in a media briefing that it had not yet seen any cancellation of orders, and that it expected the virus outbreak among its workers to be contained within a month.

Posted by Kossan > Nov 25, 2020 9:38 PM | Report Abuse

Fresh from CNA

Malaysia's Top Glove, the world's largest rubber glove maker, said Wednesday (Nov 25) that supply disruptions at its factories due to a COVID-19 outbreak may push glove prices up.

The company said it has shuttered 20 of its factories in an area outside Kuala Lumpur in stages since Nov 17 after nearly 3,000 workers tested positive for the coronavirus, with another eight facilities in the same area running below 20 per cent of capacity.

Posted by Kossan > Nov 26, 2020 8:10 AM | Report Abuse

Fresh from the star news

The temporary closure of the world’s largest glove maker’s factories following a spike in Covid-19 cases among its workers will affect the production and supply of surgical gloves in the country and globally, said an industry group.

Malaysian Pharmaceutical Society president Amrahi Buang said the chain effect should be viewed carefully as Top Glove is the largest manufacturer of surgical gloves in the world.