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Stock
2020-08-19 23:49 | Report Abuse
The fast track vaccine will not be available until at least by the end of the year. However you have to bear in mind that the vaccine is not a silver bullet as per WHO chief.
Many infectious disease experts believe that like similar viruses—including measles—COVID-19 will never fully be eradicated. In fact flu vaccine is only 50-60% effective.
Instead, need to focus on getting control of the disease, minimizing infections, hospitalizations, and deaths. That only means gloves will always be in demand for many, many years to come.
Stock
2020-08-19 23:00 | Report Abuse
@InPeace, very good suggestion.
Stock
2020-08-19 22:47 | Report Abuse
MOH Wants More Data Before Deciding To Use China, Russia Covid-19 Vaccine
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10 hrs ago-NST
Health director-general Tan Sri Dr Noor Hisham Abdullah wants more data on the vaccines being developed by companies in China and Russia before considering if Malaysia should use them.
Currently, the vaccines are reportedly undergoing its third clinical phase of testing, which involves trials on humans to determine the drug’s effectiveness and side effects.
Dr Noor Hisham explained that the Health Ministry is aware that both countries have recently patented its vaccines, but pointed out no new information has been published yet.
We are waiting for the latest information and once we get them, we will get our experts to study their efficacy. We will definitely invest or use them if the data supports this.
Dr Noor Hisham Abdullah via NST
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2020-08-19 16:30 | Report Abuse
Close above RM21 is good enough, Folks.
Green candles all the way to 1st September whereby Supermax will be admitted to the MSCI Global index.
Too steep of a climb will entice profit taking.
Stock
2020-08-19 16:01 | Report Abuse
Fully agree with @Viarocana. lol.
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Posted by Vairocana9999 > Aug 19, 2020 3:57 PM | Report Abuse
@freetospeak sifu, wow, looks like now you have discovered a panacea for Covid-19, no need vaccines anymore, I guess. The Nobel Prize of Medicine must be awarded to you. Haha.
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2020-08-19 15:10 | Report Abuse
EPF and KWAP could be slowly accumulating. They may come in 'With A view To A Kill" as 'Diamonds Are Forever'
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Posted by JBond007 > Aug 19, 2020 2:59 PM | Report Abuse
Someone is accumulating Supermax now.
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2020-08-19 14:38 | Report Abuse
Foreign Funds will be accumulating Glove Stocks esp TG & SUPER
Warrant B. may be Interested.- too good to miss.
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Some Foreign Funds are not allowed to buy now even though they know SUPERMX will be added into MSCI GLOBAL STANDARD INDEXES on 31 Aug 2020 Malaysia National Day Merdeka!
They can only buy from 1st September due to stringent investment rules and restrictions
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2020-08-19 13:59 | Report Abuse
Mystery grows over coronavirus spread via contaminated food packaging
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BLOOMBERG
Aug 19, 2020
Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab the spotlight, deepening the uncertainty over whether the $220 billion cold chain industry could be implicated in the spread of COVID-19.
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2020-08-19 13:57 | Report Abuse
Mystery grows over coronavirus spread via contaminated food packaging
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BLOOMBERG
Aug 19, 2020
Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab the spotlight, deepening the uncertainty over whether the $220 billion cold chain industry could be implicated in the spread of COVID-19.
Stock
2020-08-19 13:35 | Report Abuse
Malaysia Rubber Gloves – Shortages Continue to Support Earnings
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Author: kltrader | Publish date: Wed, 19 Aug 2020, 12:45 PM
With the recent vaccine news, investors are concerned about what this means for glove demand. Macquarie Equities Research (MQ Research) said the US FDA indicated shortages of medical gloves in the U.S., suggesting demand and average selling price (ASP) trend to remain buoyant in the near term. MQ Research believes the recent pullback in share prices is an opportunity to ACCUMULATE
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2020-08-19 13:33 | Report Abuse
Malaysia Rubber Gloves – Shortages Continue to Support Earnings
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Author: kltrader | Publish date: Wed, 19 Aug 2020, 12:45 PM
With the recent vaccine news, investors are concerned about what this means for glove demand. Macquarie Equities Research (MQ Research) said the US FDA indicated shortages of medical gloves in the U.S., suggesting demand and average selling price (ASP) trend to remain buoyant in the near term. MQ Research believes the recent pullback in share prices is an opportunity to ACCUMULATE
Stock
2020-08-19 13:32 | Report Abuse
Malaysia Rubber Gloves – Shortages Continue to Support Earnings
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Author: kltrader | Publish date: Wed, 19 Aug 2020, 12:45 PM
With the recent vaccine news, investors are concerned about what this means for glove demand. Macquarie Equities Research (MQ Research) said the US FDA indicated shortages of medical gloves in the U.S., suggesting demand and average selling price (ASP) trend to remain buoyant in the near term. MQ Research believes the recent pullback in share prices is an opportunity to ACCUMULATE
Stock
2020-08-19 13:30 | Report Abuse
Malaysia Rubber Gloves – Shortages Continue to Support Earnings
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Author: kltrader | Publish date: Wed, 19 Aug 2020, 12:45 PM
With the recent vaccine news, investors are concerned about what this means for glove demand. Macquarie Equities Research (MQ Research) said the US FDA indicated shortages of medical gloves in the U.S., suggesting demand and average selling price (ASP) trend to remain buoyant in the near term. MQ Research believes the recent pullback in share prices is an opportunity to ACCUMULATE.
Stock
2020-08-19 13:28 | Report Abuse
Malaysia Rubber Gloves – Shortages Continue to Support Earnings
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Author: kltrader | Publish date: Wed, 19 Aug 2020, 12:45 PM
With the recent vaccine news, investors are concerned about what this means for glove demand. Macquarie Equities Research (MQ Research) said the US FDA indicated shortages of medical gloves in the U.S., suggesting demand and average selling price (ASP) trend to remain buoyant in the near term. MQ Research believes the recent pullback in share prices is an opportunity to ACCUMULATE.
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2020-08-19 10:49 | Report Abuse
This roller coaster ride is so hilarious. This band of pathetic naysayers keep coming out of their cave (when its red) and later rushing back to take cover ( when its green) like suffering from diarrhea- darting in and out of the toilet.
They are so full of them selves and totally shameless.
A bunch of pathetic and delusional clowns.
By the way profit taking is normal after the massive Rm4.10 rise yesterday. Just HOLD
this GEM.
Stock
2020-08-19 08:29 | Report Abuse
Gloves will continue to run for more than 12 months at least.
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Appearance of Vaccine = INCREASE demand for more gloves.
Complete Vaccination of whole world = minimum 2-3yrs of elevated demand for gloves.
Control of pandemic announced by who = minimum 2-3 yrs from now.
Stock piling of PPE for strategic resource = 1 to 2 more yrs of elevated demand for gloves.
Total expected high demand for gloves 4 to 5 yrs.
Elevated health awareness becomes a norm for Service, Airlines, Transportation, F & B etc. Its now become NEW norm .By wearing gloves, they are projecting a good and responsible image beside being a safety SOP to be followed. All these resulted in super high demand for gloves. Even when Covid is under control.
No elimination for Covid is expected. So 3-6 mths PPE storage for every country will be ongoing forever.
Possible another outbreak of flu virus within these 5 years n beyond.
Glove stock is now an ESSENTIAL HEDGE in every funds portfolio.
Stock
2020-08-19 08:29 | Report Abuse
Gloves will continue to run for more than 12 months at least.
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Appearance of Vaccine = INCREASE demand for more gloves.
Complete Vaccination of whole world = minimum 2-3yrs of elevated demand for gloves.
Control of pandemic announced by who = minimum 2-3 yrs from now.
Stock piling of PPE for strategic resource = 1 to 2 more yrs of elevated demand for gloves.
Total expected high demand for gloves 4 to 5 yrs.
Elevated health awareness becomes a norm for Service, Airlines, Transportation, F & B etc. Its now become NEW norm .By wearing gloves, they are projecting a good and responsible image beside being a safety SOP to be followed. All these resulted in super high demand for gloves. Even when Covid is under control.
No elimination for Covid is expected. So 3-6 mths PPE storage for every country will be ongoing forever.
Possible another outbreak of flu virus within these 5 years n beyond.
Glove stock is now an ESSENTIAL HEDGE in every funds portfolio.
Stock
2020-08-19 08:08 | Report Abuse
Accumulate Careplus - Panic selling over !
Another Supermax?
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Harta latest qtr 6.49 sen
Careplus latest qtr 6.7 sen
This telling figures show Careplus future prices will bench mark at much higher prices
Now 4 billion medical gloves
End 2020 will increase to 6 billion medical gloves or an increase of 50%
It's warehouse turning Into glove production in Senawang plus newly acquired budget hotel converting to workers quarter will accelerate even more production of gloves
It has the distinct advantage of location in N sembilan where Sepang International Airport is located in the same state
From here it will export world wide ( JV with Ansell)
And by end 2021 8.8 medical exam gloves
That will more than double production from now
With ever increasing ASP will Careplus make double digits qtr profits?
If so will it rise up like another Supermax ?
Stock
2020-08-19 07:43 | Report Abuse
Supermax EGM- Key Takeaways
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1. As of July, Supermax ASP is selling at USD180- still increasing.
2. Orderbook = 23billion pcs, lead time : 10-12 months- getting longer
3. Supermax's order has been overloaded more than one year
4. When asked about China players, Supermax mentioned that they remain positive glove demand will remained very strong and has no worries with the China players in terms of techlonogy, customer base & relevant approvals - FDA, Euro Standards etc.
Stock
2020-08-18 23:27 | Report Abuse
VACCINE OR WITHOUT- GLOVE STOCK RALLY !!!
Demand for gloves will increase if vaccine is found as usage will be increased - Good News!
That 's why today's a big surge in Gloves counters- 4 hit limit up- Careplus, Rubberrex, HLT & Comfort
Stock
2020-08-18 18:47 | Report Abuse
FDA's first-ever list of medical supply shortages says US needs more ventilators & gloves
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Author: damiantreez | Publish date: Tue, 18 Aug 2020, 4:29 PM
On Friday, the US Food & Drug Administration issued a publicly available list of medical supply shortages for the first time.
The list cited the CARES Act that was signed in March for adding an additional section in the Federal Food, Drug, and Cosmetic Act. Part of the new section required the FDA to "maintain a publicly-available, up-to-date list of the devices the FDA has determined to be in shortage," the FDA announced.
In the list, a number of PPE, testing supplies, and ventilation related products are stated to be short in supply. Surgical apparel, patient examination gloves, sterile swabs, and ventilators are among those on the list.
Stock
2020-08-18 17:25 | Report Abuse
At least you are magnanimous in defeat. Thanks stockwinner.
posted by stockwinner > Aug 18, 2020 5:15 PM | Report Abuse
It's time for the KATAKs STRIKE BACK. Anyway, Congrats!
Stock
2020-08-18 16:55 | Report Abuse
Good Closing at RM20.80. The days high.
Its no more a candle stick- more like a dynamite ready to be engulfed and explode.
Hope my technical reading is accurate.
Congrats to all the SUPERMAX believers.
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2020-08-18 16:42 | Report Abuse
The gamblers, trolls, naysayers and weak holders will always be slaughtered by the merciless market.
And serve them right.
BELIEVE in what you buy especially -Supermax and HOLD as the GLOVE play has legs to run further.
Threre is more money to be made.
Stock
2020-08-18 16:23 | Report Abuse
WORLD GLOVE SHORTAGE- LOOMING
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“Stocks until October more nothing” If the glove shortage has been noted since May.
DOSSIER. Coronavirus: our special dossier on the Covid-19 pandemic The shortage is largely due to the difficulties faced by the world’s two largest manufacturers, one in Malaysia and the other in China.
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2020-08-18 16:19 | Report Abuse
WHO - SOP
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WHY...The available of vaccine will further increase the asp and demand of gloves. Becoz they need to stockpile for more testing , preparation, production, distribution and disposal according to WHO SOP for every human on earth now. Never b4 seen huge demand will be coming.
Stock
2020-08-18 16:17 | Report Abuse
THIS IS BECAUSE VACCINE IS GOOD FOR GLOVES - WORLD DEMAND FOR GLOVES TO EXPLODE - BASED ON STUDY BY WHO.
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Posted by Iamnotasifu > Aug 18, 2020 4:13 PM | Report Abuse
oppssss, suddenly all naysayer so quiet already
Stock
2020-08-18 16:06 | Report Abuse
VACCINE NEWS IS GOOD FOR THE GLOVE RALLY
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WHY...The available of vaccine will further increase the asp and demand of gloves. Becoz they need to stockpile for more testing , preparation, production, distribution and disposal according to WHO SOP for every human on earth now. Never b4 seen huge demand will be coming.
VACCINE WILL LEAD TO DEMAND OF BILLIONS AND BILLIONS OF GLOVES.
Stock
2020-08-18 15:45 | Report Abuse
Correct- A massive uptrend. - the real trend.
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Posted by JJ MM > Aug 18, 2020 3:42 PM | Report Abuse
over react to the AGM news. tomorrow will see the real trend
Stock
2020-08-18 15:42 | Report Abuse
GLOVES IS GOLD- LATER WILL TURN TO DIAMOND.
Be patient folks.
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2020-08-18 15:08 | Report Abuse
Foreign Funds(FF) happily accumulating from the open market and will push to RM20.80 today. A few FF are allowed to buy ahead of being included to the MSCI Global Index. ( FYI
TP of RM28-00 b4 ex bonus issue on the 7th September.
The MSCI GLOBAL Index is used to measure equity market performance in global markets.
Accumulate folks.
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2020-08-18 14:29 | Report Abuse
Hi OTB the naysayers, clowns , Sore chais , conman , trolls , liars are so scared that you return to this forum as you have a big following and also influential.
Pls return and give them a Nightmare, which they fully deserve.
Thank you Sifu OTB.
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2020-08-18 12:45 | Report Abuse
The share price of Supermx must stay above 17.00. I hope to see a long blue color candle closes above 18.20 today. This candle is called Piercing line. If this happens, the worst is over for Supermx.
Supermax half time closed at RM18.24 pierced the Piercing Line candle- this reflects a trend reversal.
A piercing pattern is a two-day, candlestick price pattern that marks a potential short-term reversal from a downward trend to an upward trend.
Yup, reversed from downtrend to UPTREND. - Yipeeee.
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2020-08-18 12:15 | Report Abuse
Remain positive on gloves.
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We maintain our OVERWEIGHT stance on gloves (top pick: Top Glove, TP: RM31.31) which is the sector that has garnered the highest interest amongst retailers.
In addition, we reckon that institutional investor interest in gloves will remain strong too, given the possibility of the sector’s heavier weighting (via the inclusion of SUPERMAX and Kossan) in the KLCI come Nov review.
Source: Hong Leong Investment Bank Research - 18 Aug 2020
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2020-08-18 11:54 | Report Abuse
The share price of Supermx must stay above 17.00. I hope to see a long blue color candle closes above 18.20 today. This candle is called Piercing line. If this happens, the worst is over for Supermx. Please note.- By Our Sifu OTB.
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2020-08-18 11:46 | Report Abuse
Demand for GLOVES is Phenomenal !
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“PHENOMENAL” demand for gloves is keeping the order books of Malaysian manufacturers full until next year, Malaysian Rubber Glove Manufacturers’ Association (Margma) president Denis Low told The Malaysian Insight.
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2020-08-18 11:18 | Report Abuse
Senor Bond, we are going to beat ' The Living Daylights' out of the Trolls and Naysayers.
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Posted by JBond007 > Aug 18, 2020 11:14 AM | Report Abuse
Today 18 Aug.......A good day to buy share.
18.8........一发发.
Supermax will soar back to 18.88 (一发发发) within this week.
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2020-08-18 11:12 | Report Abuse
Not so soon lah, Bro Karimbols, 4.30 pm mungkin. Be patient- I know you like to see Supermaxx go limit up. Don't get too excited.
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Posted by karimboss > Aug 18, 2020 11:00 AM | Report Abuse
No windfall tax but price still not limit up.
what for?
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2020-08-18 10:52 | Report Abuse
Windfall Tax - Fake news by IBs to collect gloves on the cheap.
SC should look in to this Rogue IBs.
Neither Top Glove nor MARGMA has been consulted about windfall tax
Adam Aziz
theedgemarkets.com
August 18, 2020 10:30 am +08
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2020-08-18 10:23 | Report Abuse
Glove stocks tumble, is it opportune time for bargain hunting?\
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theedgemarkets.com
August 18, 2020
Here is what a Foreign Fund manager said-
"A foreign fund manager commented that a fair question to ask oneself is which other sector would offer great earnings growth in the next two to three quarters in current economic conditions."
Only GLOVES has this potential. Yup, Absolutely !
Stock
2020-08-18 09:51 | Report Abuse
On course to limit up.
Don't laugh, will happen for all you know.
Grab b4 too late. Folks.
Huat Arrrr.
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2020-08-18 09:32 | Report Abuse
Cheap Sale over folks.
Spmx in on the uptrend now. RM15.30 dream on .
Will climb to Rm 28 before ex bonus on 7 Sept.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-08-20 10:35 | Report Abuse
Looks like you are a closeted fan of Supermax- Congrats Bro rr88.
Good call- cheers !
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Posted by rr88 > Aug 11, 2020 8:47 AM | Report Abuse
Wow wow wow! How the fuk they made so much money. All negative bets are off. Eating humble pie.
Buy supermax, limit up ! Tp > 30.00