This phenomenon should be interesting to you.

This February cannot come in your lifetime again. Because this year February has 4 Sundays, 4 Mondays, 4 Tuesdays, 4 Wednesdays, 4 Thursdays, 4 Fridays and 4 Saturdays. This happens once every 823 years.

This special year you have a better opportunity to make more money from the stock market if you know how to select good growth stocks. Moreover, all the profit is tax free.

When an investor buys a stock, he expects to gain from dividend yield and stock price increase. All the 1,100 listed companies do not give out more than 6% pa. He can only make more money if the share price increases.

Among all the selection criteria such as NTA, cash flow, debts or healthy bank balance, dividend yield etc the most powerful catalyst to push up price is profit growth prospect.

Currently due to Covid 19 pandemic, the demand for medical is surging. All the glove makers can easily increase their selling prices to make more and more profit which are being reflected on their share prices. That is why each of the glove stock has shot up a few hundred percent already since the pandemic began about 1 year ago. Among all the glove stocks Supermax has shot up the most because it has the best profit growth rate.

Supermax reported its 1^st quarter, ending Sept EPS 30.58 sen, its 2^nd quarter ending December EPS 41.14 sen, totalling 71.72 sen. Assuming it cannot increase its selling price for its glove in the next 2 quarters, its annual EPS will be Rm 1.54 EPS. Even if based on PE 10, the share price should be Rm 15.40 per share.

Unfortunately, many investors are taking profit because they are contented and are afraid that the vaccine will stop the spread of the virus and reduce the demand for glove. Only time can tell if he is right or wrong. Nevertheless, investors should read what the expert said below.

‘We are only at the beginning of the coronavirus pandemic’ said Prof. Peter Piot

Prof. Piot, who helped discover Ebola at age 27 and has led the fight against HIV and AIDS, contracted coronavirus earlier this year. He is the director of the London School of Hygiene and Tropical Medicine in the UK, and a special advisor on coronavirus to European Commission.

We’re only at the start of the coronavirus pandemic although the second wave may take a different form to the first one, says veteran virologist Professor Peter Piot, who has spent the past 40 years tracking down and fighting viruses.

He said to stop the spread of the virus all the people in the whole world must be vaccinated. Otherwise, the virus will spread from one country to the next. It will take a long time to produce enough of vaccine to vaccinate 7.80 billion people. He predicted the Covid 19 pandemic will prolong for another 4 or 5 years.

Currently US has 27.15 million Covid 19 cases and 461,930 deaths. In the US 1 person dies every minute. 

Based on what Professor Peter Piot said the demand for medical glove will continue to surge.