https://www.cnbc.com/2021/01/13/moderna-ceo-says-the-world-will-have-to-live-with-the-coronavirus-forever.html

Moderna CEO says the world will have to live with Covid ‘forever’

https://www.cnbc.com/2021/01/13/moderna-ceo-says-the-world-will-have-to-live-with-the-coronavirus-forever.html

Moderna CEO says the world will have to live with Covid ‘forever at JPMorgan Health Conference

<JPMorgan Jan 13 2021> However, it cautions that the risks to the calls on the three glove producers include a second global wave of Covid-19 which could lift glove prices to new heights, unscheduled capacity shutdowns, a significant fall in input costs such as nitrile and natural rubber, a significant step-up in dividend payouts as well as a substantial degree of ringgit depreciation.

-----------------------------------------------------------

Aren't we now already in second global wave? which is much worse than the first wave and China has also shutdown several cities. No of testing are at all time high as well as the number of cases.

Are we not already in MCO or CMCO? Is there any country not experiencing spike in Covid cases? Covid was even detected in Antartica in Dec 2020 thus no continent is spared? Is JPMorgan analyst living in outer space?

https://klse.i3investor.com/blogs/rubberglove_y2023/2021-01-13-story-h1539320088-Hartalega_5168_Expects_Global_Shortage_of_120b_in_next_2_years.jsp

Whether they wear glove for vaccination or not, the expected global shortage is around 120 billion for next 2 years.

https://www.wsj.com/articles/chinas-sinovac-covid-19-vaccine-is-50-4-in-late-stage-brazil-trials-11610470581

Chinese Sinovac Covid-19 Vaccine Far Less Effective Than Initially Touted in Brazil, only 50.4% efficacy.

Mind you, this is only clinical trial data, not actual efficiency. So it may be even lower in actual and our government has tasked Pharmaniaga to secure 14 million doses, fill and finish locally and distribute accordingly. Also, there is lack of transparency on the safety, etc. But KJ said it was cheap, Proton-Saga mentality. Even if 100% take-up, which is impossible, there is never gonna be heard-immunity.

Measles which is very contagious would require 93% - 94% population inoculation to achieve herd immunity despite high vaccine efficacy ranging from 93% - 97%. So, you can do the math for the case of Covid-19 of which scientist are still exploring. It will take years for us to understand more about Covid-19.

https://www.theedgemarkets.com/content/morning-call-13120-0

120 billion glove shortage in coming 2 years.

https://www.theedgemarkets.com/content/morning-call-13120-0

120 billion glove shortage in coming 2 years.

https://themalaysianreserve.com/2021/01/13/gas-malaysia-lowers-average-natural-gas-selling-price-for-1q/


Jan 13 2021 >>> Gas Malaysia lowers average natural gas selling price to RM22.14/MMBtu for 1Q21, which is 34.21% lower than the 2020 average natural gas selling price.

As you know, fuel is the second largest contributor to the glove cost, even higher than the labor cost. So, 34.21% reduction in fuel cost will have a positive contribution to the PAT in coming quarters.

https://www.theedgemarkets.com/article/gas-malaysia-lowers-average-selling-price-rm2214mmbtu-1q21#:~:text=KUALA%20LUMPUR%20(Jan%2012)%3A,lower%20than%20the%202020%20average

Jan 12 2021 >>> Gas Malaysia lowers average natural gas selling price to RM22.14/MMBtu for 1Q21, which is 34.21% lower than the 2020 average natural gas selling price.

As you know, fuel is the second largest contributor to the glove cost, even higher than the labor cost. So, 34.21% reduction in fuel cost will have a positive contribution to the PAT in coming quarters.

https://www.theedgemarkets.com/article/gas-malaysia-lowers-average-selling-price-rm2214mmbtu-1q21#:~:text=KUALA%20LUMPUR%20(Jan%2012)%3A,lower%20than%20the%202020%20average

Jan 12 2021 >>> Gas Malaysia lowers average natural gas selling price to RM22.14/MMBtu for 1Q21, which is 34.21% lower than the 2020 average natural gas selling price.

As you know, fuel is the second largest contributor to the glove cost, even higher than the labor cost. So, 34.21% reduction in fuel cost will have a positive contribution to the PAT in coming quarters.

There are 3 categories i.e. MCO (5 states and 3 FT), CMCO (6 States), RMCO (2 States). How long do you think it will take MCO to advance to CMCO and then to RMCO? And then finally to more relaxed RMCO?

For sure, it will be extended for at least another 2 weeks but hopefully the condition will improve on the next extension and that we can get out of it in no more than 2 months.

There are 3 categories i.e. MCO (5 states and 3 FT), CMCO (6 States), RMCO (2 States). How long do you think it will take MCO to advance to CMCO and then to RMCO? And then finally to more relaxed RMCO?

For sure, it will be extended for at least another 2 weeks but hopefully the condition will improve on the next extension and that we can get out of it in no more than 2 months.

<Icon8888> Please volunteer yourself for the Chinese vaccine trial. Thus far, none of the Chinese vaccine candidates had ever published its trial results neither reviewed by the peers.

But I was wondering how is it going to be an effective trial if the volunteers are lockdown or restricted.

<stevenckheng> This is taken from Sep 2020 AGM.

In this critical shortage scenario, customers are desperately buying any available glove capacity
in the market and are indifferent towards products with better features such as AMG.

While the company continues to sell AMG to existing customers which have AMG as part of their product line, our focus is to continue to manufacture and sell the core product range Currently, AMG are contributing approximately 2% of overall revenue

There are 3 categories i.e. MCO (6 states and 2 FT), CMCO (6 States), RMCO (2 States). How long do you think it will take MCO to advance to CMCO and then to RMCO? And then finally to more relaxed RMCO?

There are 3 categories i.e. MCO (6 states and 2 FT), CMCO (6 States), RMCO (2 States). How long do you think it will take MCO to advance to CMCO and then to RMCO? And then finally to more relaxed RMCO?

Trade/invest according to your strategy and personality. It will be very volatile in coming days.

Don't kid ourselves. Despite more positive estimate for 2021, how many employees are getting big fat check? and how many employers are spending lavishly and set aside huge budget for 2021 (including Petronas)? Mostly are conservative, trying to preserve cash and more conscious on the spending.

I sincerely do not hope that the Covid to go on for another year. Many businesses are failing and would require bailout or stimulus package from the government. If this crisis persist for another year, no eye see already.

The success of getting rid of Covid or kept it at manageable level is depending on the actual efficiency of the vaccine, durability as well as the rate or vaccination (which is going to be very very challenging as a significant percentage of the population refuse to be vaccinated while the group below 18 years old, pregnant woman, people with allergies, etc are not entitled to be vaccinated and that may account for 20% to 30% of the population). The poor nations would not be able to receive timely vaccination till at least 2023. Heightened hygiene and health consciousness will be in place for quite a while (just like heightened airport security resulting from 9/11 incident) unless the border is remained closed.

Lockdown or not lockdown, gloves and PPE stockpiles are critically low and the shortfall may be met in 3 years time.

<<Keyman188>> The FMT link given in the above is actually referring to Brightway Holdings or Laglove not the Big 4, neither Topglove.

https://publish.twitter.com/?query=https%3A%2F%2Ftwitter.com%2FAtomicalandy%2Fstatus%2F1342998882943262720&widget=Tweet

<<Dartmaster>> The FMT link given in the above is actually referring to Brightway Holdings or Laglove not the Big 4, neither Topglove.

https://publish.twitter.com/?query=https%3A%2F%2Ftwitter.com%2FAtomicalandy%2Fstatus%2F1342998882943262720&widget=Tweet

<<DeBunkTheScam>> The actual culprit in your link is Brightway Holdings or Laglove, not Topglove.

https://publish.twitter.com/?query=https%3A%2F%2Ftwitter.com%2FAtomicalandy%2Fstatus%2F1342998882943262720&widget=Tweet

It seemed that the modus operandi these days is continuously bombarding Topglove week after week no matter how ridiculous or ludicrous it is. Who or which are the entity(ies) behind these malicious act.

https://www.freemalaysiatoday.com/category/nation/2020/12/27/global-glove-importers-rethink-relationship-with-malaysian-manufacturer/

Global glove importers rethink relationship with Malaysian manufacturer

<<< Interesting FMT article today which never name the culprit which is Brightway Holdings subsidiary i.e. Laglove, but instead intertwined with Topglove past deeds as though giving the impression that Topglove was the name Malaysian manufacturer which Ansell and Kimbeley intend to cut ties.>>>

----------------------------------------------------------------------------

https://publish.twitter.com/?query=https%3A%2F%2Ftwitter.com%2FAtomicalandy%2Fstatus%2F1342998882943262720&widget=Tweet

Second link is by Andy Hall (a human rights activist whom had previously harped on Topglove) relating to the same article but he openly named the culprit as Brightway Holdings (which owned Laglove) whereby Ansell and Kimberley are reassessing its tie with the glove company.

Only 15,000 Russians were vaccinated since 2 weeks ago. Will you take it when Msia government offer Sputnik V to you?

https://edition.cnn.com/2020/12/23/europe/russia-vaccine-skeptics-doctors-intl/index.html

Most Russians refuse to take vaccine and only 15,000 was vaccinated since 2 weeks ago, while according to latest survey, 40% of US citizens would not want to be vaccinated. On the other hand, Msia want to buy Russia vaccine on top of Chinese and Pfizer, AstraZeneca and aim to inoculate 82% of population by 2022 not forgetting more than 20% are in the age group below 18 while foreign labor make up about 10% of Msia population (officially, and unofficially may be more). Realistically, Covid will stay for quite a long while and maybe we just learn to live with it.

https://edition.cnn.com/2020/12/23/europe/russia-vaccine-skeptics-doctors-intl/index.html

Most Russians refuse to take vaccine, while according to latest survey, 40% of US citizens would not want to be vaccinated. On the other hand, Msia want to buy Russia vaccine on top of Chinese and Pfizer, AstraZeneca and aim to inoculate 82% of population by 2022 not forgetting more than 20% are in the age group below 18 while foreign labor make up about 10% of Msia population (officially, and unofficially may be more). Realistically, Covid will stay for quite a long while and maybe we just learn to live with it.

You guys are funny and really imaginative but hopefully still maintain your sanity.

By the way, Superman is DC not Marvel.

Don't focus on herd immunity, vaccination should be comprehensive: COVID-19 panel expert https://www.channelnewsasia.com/news/singapore/covid19-singapore-vaccination-herd-immunity-pfizer-biontech-13800844

“Even if we get 70 per cent or 80 per cent of the population vaccinated, four people you see might be fine but that fifth person is not okay. That person would get hurt, they would get sick they could end up in the ICU on a ventilator," she said.

Assoc Prof Lim said that a successful vaccine roll-out will help life get "closer to normal", but all the precautions will continue for some time to come. After all, the vaccines are - not 100 per cent - effective, and there are still segments of the population who cannot, or will not, be vaccinated.

-----------------------------------------------------------------

I have to agree with her. Herd immunity will not break the chain and further to that, the virus is mutating pretty fast so new updated vaccine is required from time to time like flu vaccine (and hopefully the efficacy remain at high level as flu vaccine efficacy is merely 40% to 60%). The Western country leaders knew it but they also knew very well that to achieve herd immunity is probably the best that they can do and even that alone is an uphill task #Mission#Impossible.

They are just so many uncertainties with this Covid thingy. Even experts suggesting that the vaccine is still workable against the new B.1.1.7 or 501Y.V2 variants but we were wondering what is the efficacy or efficiency? It seemed that we are playing catching up, and eventually the vaccine needed to be updated like the flu vaccine on an annual basis but that is just not feasible if inoculation is required annually.

As for what the minister of this or that country says, I'll just take it with a pinch of salt, much like our Adham Baba.

One thing that we could be certain is that no matter he/she is glove stock believer, hater, naysayer, saviour, etc, they are all having one common believe which is the potential of glove stock, otherwise, might as well spend the time on hundreds of other counters and dozens of forum elsewhere.

Some are short term trader while others are medium to longer term investor. Some wish that the price will go down some more so they could pick it up at cheaper price and sell high (or indirectly believing the potential of the stock) while others wish to see the stock soaring through the roof and of course others are very discipline with the investment strategy, waiting patiently. It is all about emotion in play.

So trade/invest in accordance to your personality and capital allocation.

One thing that we could be certain is that no matter he/she is glove stock believer, hater, naysayer, saviour, etc, they are all having one common believe which is the potential of glove stock, otherwise, might as well spend the time on hundreds of other counters and dozens of forum elsewhere.

Some are short term trader while others are medium to longer term investor. Some wish that the price will go down some more so they could pick it up at cheaper price and sell high (or indirectly believing the potential of the stock) while others wish to see the stock soaring through the roof and of course others are very discipline with the investment strategy, waiting patiently. It is all about emotion in play.

So trade/invest in accordance to your personality and capital allocation.

First of all, FDA granted Emergency Use Authorization (EUA) for several drugs to treat Covid such as Chloroquin, Remdesivir, etc due to suggestive positive clinical trial but some were later either revoke or rebuke by other medical establishment including WHO. Thus far, there is no approved Covid vaccine, merely EUA.

Flu virus is different from Covid virus altogether and there is little that we know about Covid.

As suggested previously, 70% vaccinated population to achieve herd immunity is an uphill task for US, Malaysia and so are the world if were to exclude teens and children while that is optional and certainly a significant percentage or the population are either not fit to take the vaccine or not going to take the vaccine. While preliminary clinical trial seems promising but we do not know the actual effectiveness in the mass.

On the other hand, if the virus mutated to be even more contagious (which is underway with the accelerating number of Covid cases), we may need higher percentage of population to be vaccinated to achieve herd immunity. In case of measles, it requires 93% to 95% to break the chain.

https://www.who.int/immunization/sage/meetings/2017/october/2._target_immunity_levels_FUNK.pdf

Is Covid herd immunity possible, and is it possible to break the Covid chain in 2021 or more realistically 2022? The most worrying factor today is "Covid Fatigue" experiencing by people across the globe especially in this depressing brutal winter. Quite likely the more realistic "untold" strategy is to get as many people to be vaccinated with the hope to bring it down to manageable level instead of eliminating it altogether, with the hope to developing more potent vaccine and Covid drugs in the years to come.

By the way, this is the only Moderna product that has ever received FDA approval or in actual fact EUA, not full approval, since it was founded in 2010.

First of all, FDA granted Emergency Use Authorization (EUA) for several drugs to treat Covid such as Chloroquin, Remdesivir, etc due to suggestive positive clinical trial but some were later either revoke or rebuke by other medical establishment including WHO. Thus far, there is no approved Covid vaccine, merely EUA.

Flu virus is different from Covid virus altogether and there is little that we know about Covid.

As suggested previously, 70% vaccinated population to achieve herd immunity is an uphill task for US, Malaysia and so are the world if were to exclude teens and children while that is optional and certainly a significant percentage or the population are either not fit to take the vaccine or not going to take the vaccine. While preliminary clinical trial seems promising but we do not know the actual effectiveness in the mass.

On the other hand, if the virus mutated to be even more contagious (which is underway with the accelerating number of Covid cases), we may need higher percentage of population to be vaccinated to achieve herd immunity. In case of measles, it requires 93% to 95% to break the chain.

https://www.who.int/immunization/sage/meetings/2017/october/2._target_immunity_levels_FUNK.pdf

Is Covid herd immunity possible, and is it possible to break the Covid chain in 2021 or more realistically 2022? The most worrying factor today is "Covid Fatigue" experiencing by people across the globe especially in this depressing brutal winter. Quite likely the more realistic "untold" strategy is get as many people to be vaccinated with the hope to bring it down to manageable level instead of eliminating it altogether, with the hope to developing more potent vaccine and Covid drugs in the years to come.

By the way, this is the only Moderna product that has ever received FDA approval or in actual fact EUA, not full approval, since it was founded in 2010.

70% vaccinated population to achieve herd immunity is not a magic number yeah. It depends on how contagious it is (provided the vaccine is also highly effective). If the virus mutated to becoming more contagious, as it might be in this brutal winter then, higher percentage of population needed to be vaccinated. In measles case, that would be 94%.

----------------------------------------------------------------------------------------------------------------------

https://www.mayoclinic.org/diseases-conditions/coronavirus/in-depth/herd-immunity-and-coronavirus/art-20486808

What percentage of a community needs to be immune in order to achieve herd immunity? It varies from disease to disease. The more contagious a disease is, the greater the proportion of the population that needs to be immune to the disease to stop its spread. For example, the measles is a highly contagious illness. It's estimated that 94% of the population must be immune to interrupt the chain of transmission.

70% vaccinated population to achieve herd immunity is not a magic number yeah. It depends on how contagious it is. If the virus mutated to becoming more contagious (as it might be in this brutal winter) then, higher percentage of population needed to be vaccinated. In measles case, that would be 94%.

----------------------------------------------------------------------------------------------------------------------

https://www.mayoclinic.org/diseases-conditions/coronavirus/in-depth/herd-immunity-and-coronavirus/art-20486808

What percentage of a community needs to be immune in order to achieve herd immunity? It varies from disease to disease. The more contagious a disease is, the greater the proportion of the population that needs to be immune to the disease to stop its spread. For example, the measles is a highly contagious illness. It's estimated that 94% of the population must be immune to interrupt the chain of transmission.

Per 2019 US Statistic, those aged 16 or 18 and below may be around 70 mln out of 328 mln population. Thus, 258 mln would be eligible for the Pfizer/Moderna vaccine.

If 70% population herd immunity is required, it would translate to around 230 mln (or 70% x 328 mln), thus they would need to convince 90% of the eligible individuals. It may be an uphill task, since recent survey shows that merely 60% would take the vaccine which is still short of the 70% target (let alone, actually 90% of the eligible individuals are required).

If the virus mutate too fast, as it might be, (becoming more contagious), since the number of cases are swelling very fast to all time high in this winter, then maybe higher percentage of population need to be vaccinated in order to achieve herd immunity, provided the effectiveness (not efficacy) remain at 95% and long lasting.

In case of the measles, which is a highly contagious illness, it's estimated that 94% of the population must be immune to interrupt the chain of transmission. https://www.mayoclinic.org/diseases-conditions/coronavirus/in-depth/herd-immunity-and-coronavirus/art-20486808

Is this only a temporary vaccine euphoria to provide quick relief to this painstaking winter?, as many people are experiencing Covid fatigue; And, with the hope to develop more potent and long lasting vaccine in the future?

If the virus mutate too fast, as it might be, (becoming more contagious), since the number of cases are swelling very fast to all time high in this winter, then higher maybe higher percentage of population need to be vaccinated in order to achieve herd immunity, provide the effectiveness (not efficacy) remain at 95% and long lasting.

In case of the measles, which is a highly contagious illness, it's estimated that 94% of the population must be immune to interrupt the chain of transmission. https://www.mayoclinic.org/diseases-conditions/coronavirus/in-depth/herd-immunity-and-coronavirus/art-20486808

Is this only a temporary vaccine euphoria to provide quick relief to this painstaking winter?, as many people are experiencing Covid fatigue; And, with the hope to develop more potent and long lasting vaccine in the future?

Per 2019 US Statistic, those aged 16 or 18 and below may be around 70 mln out of 328 mln population. Thus, 258 mln would be eligible for the Pfizer/Moderna vaccine.

If 70% population herd immunity is required, it would translate to around 230 mln (or 70% x 328 mln), thus they would need to convince 90% of the eligible individuals. It may be an uphill task, since recent survey shows that merely 60% would take the vaccine which is still short of the 70% target (let alone, actually 90% of the eligible individuals are required).

Per 2019 US Statistic, those aged 16 or 18 and below may be around 70 mln out of 328 mln population. Thus, 258 mln would be eligible for the Pfizer/Moderna vaccine.

If 70% population herd immunity is required, it would translate to around 230 mln (or 70% x 328 mln), thus they would need to convince 90% of the eligible individuals. It may be an uphill task, since recent survey shows that merely 60% would take the vaccine which is still short of the 70% target (let alone, actually 90% of the eligible individuals are required).

If the virus mutate too fast, as it might be, (becoming more contagious), since the number of cases are swelling very fast to all time high in this winter, then higher maybe higher percentage of population need to be vaccinated in order to achieve herd immunity, provide the effectiveness (not efficacy) remain at 95% and long lasting.

In case of the measles, which is a highly contagious illness, it's estimated that 94% of the population must be immune to interrupt the chain of transmission. https://www.mayoclinic.org/diseases-conditions/coronavirus/in-depth/herd-immunity-and-coronavirus/art-20486808

Is this only a temporary vaccine euphoria to provide quick relief to this painstaking winter?, as many people are experiencing Covid fatigue; And, with the hope to develop more potent and long lasting vaccine in the future?

<<<moneymakerx>>> The analysts are just getting ridiculous (but no choice, otherwise kena goreng sotong as they are drawing salary only while unemployment is soaring) not to mention that the media is just bizarre. The analysts are crying inside hoping to make real investment and real money instead of being told to do this or that and write this or write that, no matter how irrational it is.

2020 is coming to its end. Let's have a jolly good time and wait to collect to the fruit in 2021.

Second global wave is happening. It would be a brutal winter. Sad to see many million cases and deaths in coming months.

P/S : If the politicians/leaders really love the people, they should push for Human Infection Test (instead of Double Bind Test) and volunteer for it to prove the effectiveness, otherwise they are just as doubtful about it as anyone else.

AUTHORITY FOR ISSUANCE OF THE EUA

The Secretary of Health and Human Services (HHS) has declared a public health emergency that justifies the emergency use of drugs and biological products during the COVID-19 pandemic. In response, FDA has issued an EUA for the "unapproved" product, Pfizer-BioNTech COVID-19 Vaccine, for active immunization against COVID-19 in individuals 16 years of age and older.

------------------------------------------------------------

As of now, the Pfizer is not approved, merely being granted Emergency Use Authorization (EUA). China was the first country granting EUA to its own vaccine back in July. Let's wait and see if the Pfizer vaccine (and soon Moderna vaccine) really help in drastically reducing the absolute number of Covid cases, severe symptoms, negligible side effects, etc.

One way to find out how effective the vaccine is "Human Infection Test", that is directly exposing the volunteer to the virus instead of "Double Blind Test". But that is too dangerous because until now scientist do not understand well about Covid-19 and it may be 10 times more lethal than flu.

What scientist do know of the risks of SARS-CoV-2 infection suggests that Human Infection Test is too great to be permitted ethically. The manifestations of SARS-CoV-2 infection are protean and serious. Beyond the lungs, the virus can infect the brain and cardiovascular system, resulting in stroke and myocarditis. And each of these sequelae has been observed in young people. Further, SARS-CoV-2 infection can be disabling, as demonstrated by people experiencing “long covid.”

Again, the relative 95% reduction in severe cases from Clinical double blind study is still too early to tell if that is effectively reducing the number of Covid cases, severe symptoms, etc.

These are very conservative estimates :

Number of Shares : 8.196 billion

Q1 2021 RM2.4B PAT 0.50 EPS, thus RM10.00, in case of P/E = 20
Q2 2021 RM2.4B PAT 0.78 EPS, thus RM15.60, in case of P/E = 20
Q3 2021 RM2.4B PAT 1.03 EPS, thus RM20.60, in case of P/E = 20
Q4 2021 RM2.4B PAT 1.17 EPS, thus RM23.40, in case of P/E = 20

NOTE : Q1 refers to Aug 31 to Nov 30 2020 (and QR is expected on Dec 9 2020) thus Q4 would translate to Aug 31 2021. And, TopGlov will add another 18bn (or 20%) production capacity in FY21, 30% ASP in next quarter (and probably even higher in subsequent quarters) as well as expected higher margin with product migration into nitrile which has not been accounted for in the above.

Some IBs are estimating Topglov will see up to RM12B (as per Maybank Kim Eng estimation) while we are only assuming RM9.6B. Historically, TopGlov is traded at P/E = 30 and above but we are conservatively assuming P/E = 20.

***** A good value-investor like Warren Buffet will take its position when a good fundamental stock is undervalue (insensibly sell-off by temporary weak sentiment or negative emotion). As evident from the above, TG share is now traded at an attractive discount rate and even if the discount rate persist through next quarter, the upside would be another 50%, and what about the subsequent quarters?

Trade in accordance to your personality and capital allocation strategy.

Let x=y. Then

x - y + y = y

((x - y) + y)/(x-y) = y/(x-y)

1 + (y)/(x-y) = y/(x-y)

1 = 0

Technical Analysis (TA) can only be used as a guide or intellectual purpose only. That is why if you are short term trader, you can just look at TA and set your % gain and cut loss strategy. Further, every chartist use different method, different point, different analysis, etc and arrive at different conclusion. A value investor like Warren Buffet does not use TA at all. As evident from the above, an intellectual person may use whatever method that they can call upon to justify 1 = 0, likewise JPM target price of RM3.50 is valid. Don't be fooled by TA alone as how it was being manipulated, wanting you to see 1 = 0.

Fundamentally, TG is still intact and presently at an attractive discounted price. Trade according to your personality and capital allocation strategy. Market can be irrational at times.

One way to find out how effective the vaccine is Human Infection Test, that is directly exposing the volunteer to the virus instead of double blind test. But that is too dangerous because until now scientist do not understand well about Covid-19 and it may be 10 times more lethal than flu.

According to BMJ >>> What we do know of the risks of SARS-CoV-2 infection suggests that they are too great to be permitted ethically. The manifestations of SARS-CoV-2 infection are protean and serious. Beyond the lungs, the virus can infect the brain and cardiovascular system, resulting in stroke and myocarditis. And each of these sequelae has been observed in young people. Further, SARS-CoV-2 infection can be disabling, as demonstrated by people experiencing “long covid.”

https://www.bmj.com/content/371/bmj.m4258

-------------------------------------------------------------

Perhaps we could ask the Politicians to take the vaccine first and then volunteer for Human Infection Test. Either way, the country could be saved from these scumbags or we could be saved by effective vaccine.

AUTHORITY FOR ISSUANCE OF THE EUA

The Secretary of Health and Human Services (HHS) has declared a public health emergency that justifies the emergency use of drugs and biological products during the COVID-19 pandemic. In response, FDA has issued an EUA for the "unapproved" product, Pfizer-BioNTech COVID-19 Vaccine, for active immunization against COVID-19 in individuals 16 years of age and older.

------------------------------------------------------------

As of now, the Pfizer is not approved, merely being granted Emergency Use Authorization (EUA). China was the first country granting EUA to its own vaccine back in July. Let's wait and see if the Pfizer vaccine (and soon Moderna vaccine) really help in drastically reducing the absolute number of Covid cases, severe symptoms, negligible side effects, etc.

Driving license is the official identity card in US as they do not have I/C as in Malaysia case, and presumably the volunteer(s) must possess valid driving license, thus 16 years old and above.

<<<mobbs68>>> Yes, I knew but we do not have published data on kids below 16, merely under 18. In US, you can get a driving license at 16, thus the below 16 notion or 16 years old was used as the cut-off point. Nevertheless, I would not want my kids to take the vaccine as they are still in the growing years (as well as the group with least risk to Covid-19) and we never knew the long term implication of the vaccine.

<<< millionology >>> Malaysia market is too small for Warren Buffet. And further to that, there are so many good options in US, Japan, China and other part of the world. Warren Buffet investment style is really long term or just let the ass sit on it, not coming here day in day out. Maybe you should explore overseas market as well. Just open an overseas account and standby, and if second dip really take place next year, just wallop the big names.

In 2018, Malaysia population is around 32mln and kids below 18 is around 9.4mln while migrant worker is 3.3mln (officially). If government to procure vaccine for 70% of the population (excluding migrant worker and children), will it reach 70% herd immunity? while that is also optional not mandatory and effectiveness (not efficacy) is still a question.

Obviously 70% is just a tagline today like flattening the curve which is not working (and government today just prioritize economy and hoping not to overload the hospitals).