After spending millions if not billions on the vaccine, of course the company had to defend its product !! If not, their order will be cancelled and they will go broke !!
Again, if the vaccine so effective and can treat the covid variant, then why UK panicky go lock down !! Why WHO declared the covid variant need to be content !! Pls be logical and dont be so hai like some one here !!

https://www.reuters.com/article/us-health-coronavirus-britain-biontech-idUSKBN28V2M3

Regardless who ever that buy today, the price will drop further ... so pls be prepare and take it easy ~~

Funny swagger still around ... he dont buy and just watch & comment ... Also shock ?? Or maybe you are just too free without a life ?? I can understand ... Who would like to be around with a loser like him ... All the girls will get insecure around him !!

The naysayer should opened their eye and not be so naive ... The lockdown is the most obvious evidence that the current covid vaccine does not wok on this new covid variant !!

https://www.nytimes.com/live/2020/12/20/world/covid-19-coronavirus

If they are so confident that the vaccine works on the new covid variant!! Then why so panicky lock down their country ?? UK, Germany, Belgium and etc ...

Obviously .... new variant = new vaccine !!
Normal Flu, Swine Flu, H1N1, Covid have different vaccine ...
What make you think this covid variant can be cured with the previous vaccine ??

It is a gamble now ...

When push come to shove !! The company will do whatever it takes to get the fund needed for their current and future project ... even by giving a discounted PP... Not looking that good for a higher PP price, they might discount the buyer from 5-10% of the current price!!

Yes, PP will dilute the current share !! And with the current volume, it just make it harder to climb ...

This new covid variant will be a big in this coming weeks especially with multiple country Lockdown !! Hence, noone is 100% sure that the current vaccine is workable for this mutation !! Stay tuned and enjoy the ride ... BULL is getting ready!!

TG next quarter review:-
Additional 10% capacity = Increased Revenue
ASP to rises 20-30% = Expected RM 3.5Billion PAT
Worker Accomodation to be settled by end month
US Ban in final stages of discussion, should be lift in Jan
Demand for glove expected to rise 20-30% in FY21
Remained as a safe haven from political uncertainy
Remained as favourite to capitalise in Covid spike
Next dividend should be more than 16.5sen due to increased Revenue and PAT

Reminder:-
Covid mutation in UK and across Europe
Vaccine faced production capacity limitation
Vaccine faced distribution issue
Vaccine had allergy effect
Vaccine do not have testing for long term side effect
Vaccine not recommended for under 16
Vaccine not recommended for pregnant mom
Covid to spike from now till end of Feb
ASP for glove to rise 20-30% in this quarter
Order in hand for FY21 and FY22 still in tag
Record breaking RM 3.5B PAT coming QR
Additional 10% capacity in the coming quarter
Worker act issue and accomodation to be settle this month
US Ban in final discussion, expected to be resume export in Jan
Management continue to buy in and provide support line
Glove demand expected to rise by 20-30% in FY21
Divident at least 8% for FY21 with the current price

I hope Tan Sri can achieve what he say before CNY !! Need that extra ang pow $$ to buy my toy!!

Trust me Tan Sri is a result orientated person and a man of his word !! When he say something, he will do whatever it takes to achieve it !!

Regardless of green or red !! wouldn’t you want to defend something that you bought !! that show whether you are proactive or reactive

Swagger really!! you need to get vaccinated ... the I send you to UK !! Lets do the experiment... come come my friend !!

Leave swagger alone la ... he need the job!! Later he become beggar in the street, the how !!

you happy I happy ... swagger

Whatever swagger ... as long as you are happy !! I really hope you get vaccinated and live long enough ... lol

still in green so not that worried!!

7 figures

My pent house view is always more beautiful than your flat house ... Pls dont be mistaken ...

Should is the key word !! I hope you understand the different between should and will !! Better go back to school la ...wakaka

Dont notify swagger on the latest development !! Lets that sohai go vaccinated and lets him believe he is immuned against covid mutation ... so that he can be silent for life !!

To help us know whether the vaccine work or not !! We always need a hero ... come swagger !! be our hero ... wakaka

Already talking about new covid variant !! And you still stuck with the old vaccine news !! WTF swagger855... I hope you get vaccinated and go to UK SO that you can be our white mice on the new covid variant !!

Just Imagine if gloves is not enough for the pandemic And all the front liner got infected... then what happen next ?? Everyone die lo ...

Who dare to call TG investor black hearted lo ??
We invest TG so that they will have the capital to do more gloves for the pandemic !! We are indirectly saving life ...

That is why the price is dropping to 1.50ish to stabilise... Those who bought high, might need to wait for at least a few month before they can recoup their investment !!

Not sure about the PP date but just imagine that if you bought at 1.53, wouldnt you be tempted to sell at this 1.66 price ... Instant profit taking !!

https://www.reuters.com/article/health-coronavirus-malaysia-gloves/workers-at-malaysian-glove-maker-found-living-in-shipping-containers-idUSL1N2J10TY

Confirmed not TG accomodation ... This may come as a good news for the company as the competitor get suspension and their sales switched to TG !!

The price for the private placement is at RM1.53...

Info on the private placement

https://klse.i3investor.com/servlets/ptres/58101.jsp

https://www.theedgemarkets.com/article/serba-dinamik-raise-rm515m-private-placement-repay-bank-borrowings-fund-projects

https://www.sciencemag.org/news/2020/12/mutant-coronavirus-united-kingdom-sets-alarms-its-importance-remains-unclear

https://www.biopharma-reporter.com/Article/2020/12/21/Investigations-underway-to-see-if-new-COVID-19-variant-in-UK-has-impact-on-vaccine-effectiveness

https://www.channelnewsasia.com/news/world/covid-19-new-variant-united-states-looking-carefully-13815464

https://www.nytimes.com/2020/12/20/health/coronavirus-britain-variant.html

https://www.bbc.com/news/health-55388846

CB Gaussian !! At what price you bought !! Why want to buy ?? I thought like to declare limit down glove counter ?? I am confused !! Hahah

Trust the current vaccine from pfizer or moderna is not effective on the covid variant due to UK lockdown !! Bare in mind, UK is the first country to use the vaccine yet still unable to stop the covid variant from happening ...

S&P future down due to the new covid variant !! Get ready glove supporter, it is time to perform and save the day again ...

No need to ask some more ... Atwin confirmed tiok liao !!

Hit my estimate ... next week will dropped to 1.50ish !!
If the lockdown increased, and brent fall to 45ish/barrel... 1.50ish will come before X’mas !!

Just want to clarify to all
Everything is impermanent, therefore dont expect anyone to be the same forever. If tomorrow, WHO declared emergency state for this Covid variant... see who is going to talk bad about glove industry ??

I think is ok ... just let them all believe it will work. In the end, if it doesnt, at least they wont live to say it wont !! Wakaka

https://www.nytimes.com/live/2020/12/20/world/covid-19-coronavirus

So confident it will work, right ?? Why Lockdown ?? Lan Par Par Lan

Sohai kia trying to create panic ... Pls la do your homework and go back to school

Wah lan ... Should is the key word !! why not you go UK and get infected then you try for us all lo ...

Wah vaccine thorough testing to the new covid variant ... Only a few days, already thorough testing ...
FYI, this covid 19 vaccine need half a year to test and had trial data ... Now this new variant only few days of testing ??
Wanna to con, pls la con logically !!

Last month and this month lots of changes ... still stuck with old news ?? How you to buy share la ...