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.

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.

If you read the last quarter Investor's Presentation, there is a cost pass through mechanism in place whereby both cost increases and savings to be shared out with customers. Again, this is the reality.

Please stop masturbating in front of the PC or phone.

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/ Japan's hospitals facing medical glove shortage

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide. Almost 60 percent of those who responded said that they were running out.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

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

This is the reality. If anyone has medical grade glove in hand, please leave your contact, quantity, price and leadtime (preferably 6 months or less, better still immediate). 50% upfront payment can be arranged, better than trading stock.

Glove demand is close to 600 bln today and production capacity is merely 350 to 370 bln (if not less due to some factories were closed). All countries are in dire strait for medical grade glove (not household use) which require FDA or CE mark. Couple with 10% to 12% annual growth prior to pre-Covid, it will take some years to catch up with the demand, let alone heightened heath and hygiene awareness. Whatever that is supplied today, it is almost just-in-time while stockpile is depleting or critically low. Probably soon most hospitals may have to resort to non-medical grade gloves due to the significant growth in number of cases.

This would be a dark brutal winter. Many more cases and deaths will be resulted. And this is the reality aside from vaccine optimism. Vaccine has been granted EUA (not full approval) which has demonstrated relative reduction in severe cases on the preliminary 2 months data but not significant reduction in absolute cases. Whether, mRNA vaccine really works? It has yet to be seen and that is the reality.

How many people will take the vaccine? That is another question. If the percentage is below 70% or 60%, the pandemic will go on and on, and that is also depending on the actual effectiveness (not efficacy) of the vaccine. If 50% effectiveness after 6 months or 12 months, even 100% inoculation also would not help much. Anywhere, that is all remain a speculation, though personally, I wish we can put the pandemic to rest by end of 2021 but that is just impossible esp. for poorer countries.

Please stop masturbating in front of the PC or phone and come back to reality.

P/S : Even Msia is no longer aim to flatten the curve, merely not overloading the hospital while prioritizing economy. Whether 1k, 2k or 5k cases, live goes on. More testing, more glove.....

https://edition.cnn.com/2020/12/15/tech/apple-iphone-india-wistron-intl-hnk/index.html

India iPhone factory vandalized after workers claim they weren't paid by Apple supplier

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

No pay for 3 months is very bad as they live from hand to mouth. Overheard that someone in the forum is worker's right activist. Hope this would keep you busy.

<<<STEADYBOMBIBI85>>>

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). The big fund managers are collecting cheap ticket and will reallocate their portfolio in due time, pushing the share price up to reflect its fair value. The share market goes on rotational theme and don't expect that it stays in the same theme or momentum all the time, thus up and down, and irrational at times.

Trade in accordance to your emotion and capital allocation strategy.

There are tons of Technical Analysis (TA) out there and each offering a differing view, sideway? downtrend? accumulation? etc. Each chartist also use a different analysis, taking different points in time, etc and see things differently while also employing a different strategy i.e. % gain as well as cut loss.

They can come out with different justification, different TP, etc or entirely different altogether. If that is as easy as 1 + 1 = 2, then all would have come out with the same outcome and all chartist / analyst would have been multi-millionaire or billionaire instead of "makan-gaji". On the other hand, Warren Buffet do not use TA at all.

We have Masters Degree holder in our company who always offer her view and deep market analysis/research which sound very convincing "intellectually" but failed to sell any project for the last 5 years. Fortunately, the company policy does not fire any people. And, that is the problem with people who has no track of record or experience, merely relying on technicality.

TA may be use as a guide only. Fundamentally it is still intact.

Please be advised that it was also worth to take note at the bottom of The Edge Article which read, "Among risks to JP Morgan's sector call is a second global wave of Covid-19 cases, and any unplanned glove production disruption that could create supply tightness — both of which could lift glove prices to new heights.", and you know what, the second global wave is unstoppable and this would be a dark brutal winter with increasing no of cases as well as no of death.

China Secures 100 Million Doses of BioNTech Vaccine

https://www.bloomberg.com/news/articles/2020-12-16/china-secures-100-million-doses-of-biontech-shot-to-boost-supply?srnd=premium-asia

China supply vaccine to Middle East, Indon, etc but also buying expensive vaccine at the same time? ( plus difficulty in transportation and distribution).

https://www.bloomberg.com/news/articles/2020-12-16/china-secures-100-million-doses-of-biontech-shot-to-boost-supply?srnd=premium-asia China Secures 100 Million Doses of BioNTech Vaccine

China supply vaccine to Middle, Indon, etc but also buying expensive vaccine at the same time? ( plus difficulty in transportation and distribution).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114184

EPF dump 5 million TG shares on Dec 11 and acquire 5 million Harta share at about the same time?, but Harta value is almost double that of TG.

https://edition.cnn.com/2020/12/15/health/us-coronavirus-tuesday/index.html

Covid-19 vaccine rollout was a moment of hope in pandemic's 'darkest days,' expert says. But the dark days aren't yet over.

Covid-19 hospitalizations are higher than ever -- with now more than 110,500 patients nationwide, according to the COVID Tracking Project. Every day for the past week, an average of 2,389 Americans lost their lives to the virus. More than 300,000 have died since the pandemic's start across the country. Another 186,000 are projected to lose their lives over the next three months, according to the University of Washington's Institute for Health Metrics and Evaluation.

"This vaccine, as wonderful as it is, is not going to change the trajectory of what we experience this winter," Besser told CNN.

The challenge is that it is voluntary and not compulsory. If only half of them take both doses of vaccine, this could go on and on and on.

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

Personally, hope that the vaccine is able to prevent serious illness, asymptomatic case (which has yet to be proven), transmission (which has yet to be proven), high durability (which has yet to be proven), negligible side effects into different nations (which has yet to be proven), workability for Age 16 and below (which has yet to be proven), etc

As for now, we will just wait, pray and observe the SOP closely.

KLCI is already higher than pre-Covid. Trade with care.

Whether mRNA will work, only time will tell. As for now, people need to sign no-liability paper when taking it, because it was only granted EUA not full approval. Pharma companies seek indemnification and liability protection.

All media would sensationalize the mRNA as how it sensationalize so many things including 3D TV that never catches on. It sounded so easy as how you debug a software, compile, run and then upload, Tar Da ............... Version 2.0. Even Microsoft Windows encountered several failed releases e.g. ME, Vista, etc.

How many people will take the vaccine, we never know. It is not mandatory, merely optional. How well it works? What is the duration of the protection? How will it work in other nations? Even Trump is so obnoxious, so out of the world with his poor Covid handling, still almost half of US citizen are backing him and defying the SOP. So, and again, time will tell.

Note : Berkshire would not buy Pharma nor Tech because it was difficult to understand for them, but this was their first venture and Pfizer was happened to be one of the pharma stocks that they bought not because of mRNA (otherwise it would have been Moderna), but probably they see the importance and awareness of healthcare going forward.

Whether we will go into Recovery Stock, well some of my portfolio consist of recovery stocks but no airline, that is just a matter or time and when the price is right. Retracement and correctios are inevitable and that would be the entry point. No point chasing high when the economy is not improving, NPL is rolling in, more business are failing, political uncertainty and so many more question marks.

Whatever it is with mRNA, we sincerely hope that it works and go back to old norm. Till today, it is still early into Stage 3 Clinical Trial. We have yet to see how it works in the mass and how many will take up the vaccine,

As for flu vaccine, the take up rate is merely 40%+ while the actual effectiveness is around 40% - 60% and protection only lasted for about 4 months, thus annual revaccination is required.

In Science, they are many more that we do not know what knowing especially venturing into new frontier. Some people may develop adverse side effects from a combination of vaccine or vaccine cocktail and there is no study on what is the effect like if you add A to a person who already has B + C + D in the body?

The most extreme mistakes in Berkshire's history have been mistakes of omission. We saw it, but didn't act on it. They're huge mistakes - we've lost billions. And we keep doing it. We're getting better at it. We never get over it.

Warren Buffet

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/ Japan's hospitals facing medical glove shortage.

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide. Almost 60 percent of those who responded said that they were running out.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

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

This is the reality! No more medical grade glove. And even if they are in the queue to receive the glove some months down the road, it will be distributed for immediate use, thus it may take a quite a while to replenish the stockpile. Even when I received a minor procedure which require overnight stay at the hospital, they use around 12 to 15 pairs or glove. Glove demand in 2019 was around 350 billion, and going forward it would be 400 billion and more and more, growing at 10% to 12% annually.

It's like a lot of people who are applying moratorium is running out of cash already, and if they are lucky to get a job or to see the business is going back to good-old-time, it will take quite a while to see their savings reaching back to optimum level (with sufficient buffer).

Of course we are facing the reality. The reality is that Covid is out of control for now and near future. More cases, more deaths, more business closing down, many Western countries are back to lockdown and this is the beginning of brutal dark winter.

Whether the vaccine had been proven to effectively reduce the Covid fallout, that has yet to be proven, and this is the reality unless someone has hard facts to prove otherwise. Obviously, someone is masturbating in front of their phone or computer.

Glove company had already received order through Apr 2022 and fat profit is expected or almost guaranteed. World demand today is close to 600 billion while the production volume today is merely 370 billion or less, thus ASP is still going up. Stockpile all over the world is critically low and whatever that is produced today is merely Just-In-Time for immediate use at respective medical establishment, while on the other hand, the demand for glove has been growing at a rate or around 10% to 12% annually prior to Covid, thus TG, Harta, Supermax, etc had already earmarked the expansion plan prior to Covid. So it is kind no brainer, that it will take maybe 3 years or more to catch up with the shortfall and to restore the supply chain as well as replenishing stockpile.

Those who asked to run and advised to face the reality, please leave your contact number and how many gloves you have in hand and how much you are willing to dispose as well as leadtime. I have received inquiries from overseas and they are willing to pay 50% upfront payment while offer price is going up time after time (or uptrend). This is better than trading glove stock. And this is the reality!

Jim Cramer says stay-at-home trade is back on — ‘Lockdown is where we’re headed’

https://www.cnbc.com/2020/12/14/cramer-says-stay-home-trade-is-back-lo...

After all the EUA, recovery theme will subside, for more and more countries going into lockdown with exponential Covid cases and no of deaths. This is only the beginning of dark brutal winter.

Joe Biden will prioritize well-being and healthcare when he took office in Jan.

A value investor will buy into good fundamental stock which is undervalue due to temporary weak sentiment or irrational market behavior.
15/12/2020 12:09 PM

P/S : Jim Cramer had also shutdown his restaurant(s).

Jim Cramer says stay-at-home trade is back on — ‘Lockdown is where we’re headed’

https://www.cnbc.com/2020/12/14/cramer-says-stay-home-trade-is-back-lo...

After all the EUA, recovery theme will subside, for more and more countries going into lockdown with exponential Covid cases and no of deaths. This is only the beginning of dark brutal winter.

Joe Biden will prioritize well-being and healthcare when he took office in Jan.

A value investor will buy into good fundamental stock which is undervalue due to temporary weak sentiment or irrational market behavior.

Jim Cramer says stay-at-home trade is back on — ‘Lockdown is where we’re headed’

https://www.cnbc.com/2020/12/14/cramer-says-stay-home-trade-is-back-lo...

After all the EUA, recovery theme will subside, for more and more countries going into lockdown with exponential Covid cases and no of deaths. This is only the beginning of dark brutal winter.

Joe Biden will prioritize well-being and healthcare when he took office in Jan.

A value investor will buy into good fundamental stock which is undervalue due to temporary weak sentiment or irrational market behavior.

Jim Cramer says stay-at-home trade is back on — ‘Lockdown is where we’re headed’

https://www.cnbc.com/2020/12/14/cramer-says-stay-home-trade-is-back-lockdown-is-where-were-headed.html

After all the EUA, recovery theme will subside, for more and more countries going into lockdown with exponential Covid cases and no of deaths. This is only the beginning of dark brutal winter.

A value investor will buy into good fundamental stock which is undervalue due to temporary weak sentiment or irrational market behavior.

This is the summary of Total Net Short as of Dec 11 2020

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201211.pdf

You judge for yourself when they will buy-in to cover the short position of around 101 mln shares

This is the summary of Total Net Short as of Dec 11 2020

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201211.pdf

You judge for yourself when they will buy-in to cover the short position.

https://www.theedgemarkets.com/article/hartalega-says-35-its-8772-empl...

Hartalega says 35 of its 8,772 employees tested positive for Covid-19

"As a result, some production lines have temporarily shut down. The capacity loss is estimated to be less than 0.5% of annual output," the group said in a statement today.

Kuan noted that the positive rate of 0.4% "is significantly lower than the positive rates of other similar factories".

Quite frankly, the widespread among foreign labors are probably far and beyond our knowledge. More test more cases. And, this is not limited to Glove industry, but Construction, High Volume Manufacturing, etc. There is no way to flatten the curve, just a matter of economy comes first while trying not to overload the sick-bed. Like Ismail Sabri said, live with it like Dengue.

Wondering what was US or other Western countries Strategy? In US alone, over 200,000 cases and 3,000 deaths on daily basis, and how many factories are closed?

https://www.theedgemarkets.com/article/hartalega-says-35-its-8772-employees-tested-positive-covid19

"As a result, some production lines have temporarily shut down. The capacity loss is estimated to be less than 0.5% of annual output," the group said in a statement today.

Kuan noted that the positive rate of 0.4% "is significantly lower than the positive rates of other similar factories".

Quite frankly, the widespread among foreign labors are probably far and beyond our knowledge. More test more cases. And, this is not limited to Glove industry, but Construction, High Volume Manufacturing, etc. There is no way to flatten the curve, just a matter of economy comes first while trying not to overload the sick-bed. Like Ismail Sabri said, live with it like Dengue.

Wondering what was US or other Western countries Strategy? In US alone, over 200,000 cases and 3,000 deaths on daily basis, and how many factories are closed?

Probably, people may think that JPMorgan is making money from advising people to RUN, RUN, RUN. Think again!

https://www.theedgemarkets.com/article/highest-returns-shareholders-over-three-years-big-cap-rm10-billion-rm40-billion-market-cap?fbclid=IwAR3ERj5Bbl3DU0qTeIc2BZ4i-OjrE7HGX_IAacZ-bhjgUkmw9ZMDaj3cf6g

Highest returns to shareholders over three years: Big cap (RM10 billion to RM40 billion market cap) - Healthcare: Supermax Corp Bhd - Making super profits

No matter you are short term investor, value investor or long term investor, maintain steadfast on your investment strategy. The market is always being manipulated and 80% will end up losing their money. Likewise, others will pick up our tickets when we sell them at high price later on. It's always Emotion (Greed and Fear) vs Rationality while many think that they are being rational.

The sentiment is weak throughout, if you are a good chartist or technical analysis and if you have the time, be disciplined with your gain and cut-lost strategy.

If you are a season investor, you will know what to do. This is when value investor will take position when a good fundamental stock is greatly undervalue.

No matter you are short term investor, value investor or long term investor, maintain steadfast on your investment strategy. The market is always being manipulated and 80% will end up losing their money. Likewise, others will pick up our tickets when we sell them at high price later on. It's always Emotion (Greed and Fear) vs Rationality while many think that they are being rational.

The sentiment is weak throughout, if you are a good chartist or technical analysis and if you have the time, be disciplined with your gain and cut-lost strategy.

If you are a season investor, you will know what to do. This is when value investor will take position when a good fundamental stock is greatly undervalue.

No matter you are short term investor, value investor or long term investor, maintain steadfast on your investment strategy. The market is always being manipulated and 80% will end up losing their money. Likewise, others will pick up our tickets when we sell them at high price later on. It's always Emotion (Greed and Fear) vs Rationality while many think that they are being rational.

The sentiment is weak throughout, if you are a good chartist or technical analysis and if you have the time, be disciplined with your gain and cut-lost strategy.

If you are a season investor, you will know what to do. This is when value investor will take position when a good fundamental stock is greatly undervalue.

No matter you are short term investor, value investor or long term investor, maintain steadfast on your investment strategy. The market is always being manipulated and 80% will end up losing their money. Likewise, others will pick up our tickets when we sell them at high price later on. It's always Emotion (Greed and Fear) vs Rationality while many think that they are being rational.

The sentiment is weak throughout, if you are a good chartist or technical analysis and if you have the time, be disciplined with your gain and cut-lost strategy.

If you are a season investor, you will know what to do. This is when value investor will take position when a good fundamental stock is greatly undervalue.

https://www.hida.org/distribution/advocacy/COVID19/Infographic-Glove-S...

Global demand today is 585 billion while max manufacturing capacity is 370 billion, thus secured book order through 2022. And couple with that forecast 10% annual demand growth even before the Covid crisis, if not higher due to heighten hygiene and health awareness, you can do the math how long does it take to catch up or minimum 3 years as the glove manufacturers said.

All countries are running low if not running out of gloves already while the stockpile is almost depleted. Whatever that is supplied today is only Just-In-Time while they need much time to replenish the stockpile.

God bless US, UK, Russia and the world as this would be brutal dark winter resulting in many many thousands of death each day.

Warren Buffett : "Be Fearful When Others Are Greedy and Be Greedy When Others Are Fearful"

https://www.hida.org/distribution/advocacy/COVID19/Infographic-Glove-S...

Global demand today is 585 billion while max manufacturing capacity is 370 billion, thus secured book order through 2022 and ASP is also growing in tandem. And couple with that forecast 10% annual demand growth even before the Covid crisis, if not higher due to heighten hygiene and health awareness, you can do the math how long does it take to catch up or minimum 3 years as the glove manufacturers said.

All countries are running low if not running out of gloves already while the stockpile is almost depleted. Whatever that is supplied today is only Just-In-Time while they need much time to replenish the stockpile.

God bless US, UK, Russia and the world as this would be brutal dark winter resulting in many many thousands of death each day.

<<a2333778>> That was because JPMorgan spoofing the market by almost halving the TP of major glove manufacturers and suggesting the music is over which is of course far from truth. As said yesterday, if you are a seasonal investor, you'll know what to do. It's a good time to pick up cheap stock.

Judging from the above, if you invest in glove company, please make sure what type of glove they are producing. Harta is the largest nitrile glove manufacturer in the world (or for medical use), not home use and it requires FDA or CE approval.

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/

Japan's Showa Glove makes gloves for home use, and usually imports the medical-grade versions from Malaysia. Now, with the supply chain severely disrupted, the firm has decided to make the medical gloves too, but a new manufacturing facility is expected to take three years to open.

https://www.hida.org/distribution/advocacy/COVID19/Infographic-Glove-S...

Global demand today is 585 billion while max manufacturing capacity is 370 billion, thus secured book order through 2022. And couple with that forecast 10% annual demand growth even before the Covid crisis, if not higher due to heighten hygiene and health awareness, you can do the math how long does it take to catch up or minimum 3 years as the glove manufacturers said.

All countries are running low if not running out of gloves already while the stockpile is almost depleted. Whatever that is supplied today is only Just-In-Time while they need much time to replenish the stockpile.

God bless US, UK, Russia and the world as this would be brutal dark winter resulting in many many thousands of death each day.

https://www.hida.org/distribution/advocacy/COVID19/Infographic-Glove-S...

Global demand today is 585 billion while max manufacturing capacity is 370 billion, thus secured book order through 2022. And couple with that forecast 10% annual demand growth even before the Covid crisis, if not higher due to heighten hygiene and health awareness, you can do the math how long does it take to catch up or minimum 3 years as the glove manufacturers said.

All countries are running low if not running out of gloves already while the stockpile is almost depleted. Whatever that is supplied today is only Just-In-Time while they need much time to replenish the stockpile.

God bless US, UK, Russia and the world as this would be brutal dark winter resulting in many many thousands of death each day.

https://www.hida.org/distribution/advocacy/COVID19/Infographic-Glove-Shortage.aspx

Global demand today is 585 billion while max manufacturing capacity is 370 billion, thus secured book order through 2022. And couple with that forecast 10% annual demand growth even before the Covid crisis, if not higher due to heighten hygiene and health awareness, you can do the math how long does it take to catch up or minimum 3 years as the glove manufacturers said.

All countries are running low if not running out of gloves already while the stockpile is almost depleted. Whatever that is supplied today is only Just-In-Time while they need much time to replenish the stockpile.

God bless US, UK, Russia and the world as this would be brutal dark winter resulting in many many thousands of death each day.

https://www.theedgemarkets.com/article/rare-media-rebuke-top-glove-demands-accurate-reporting-amid-covid19-flare

"As of Dec 8, approximately 94% of our workers who had undergone testing were ready to resume work after being cleared of Covid-19. This included workers who had tested negative and undergone the stipulated quarantine period from close contact tracing,” the company said.

Even if security guard dead is real, that is too bad........... Business goes on.

By the way, no matter 1k daily cases, 2k daily cases, 5k daily cases or 10k daily cases, there would not be any lockdown because gomen has no money and need to prioritize the economy. Forget the Prihatin tagline. What they can do it playing the "vaccine" tune over and over again to steer the attention away though in actual fact, they are clueless, totally clueless.

Those who are yelling vaccine, vaccine, vaccine, be it US, UK, China, Russia or ABC, please sign up to be the first to get it and might as well get the cocktail of all available vaccines to ensure 101% effectiveness. Presumably this is the chance of your lifetime to gain real-life recognition and appear across all major media rather than coming into the forum and hallucinating.

Whoever claim ASP is dropping, glove is oversupply, please leave your contact, how much you have in hand and how much you are willing to let go including lead time because I have inquiries from overseas and willing to pay 50% upfront (and additional premium/bonus for shorter delivery). It's better than trading glove stock.

Common sense lah, Covid cases are shooting up and number of people drop death are increasing day by day and this is only the beginning of winter. Hospitals are turning away non critical procedures/surgeries. Medical grade glove already running out in many countries. By the way, glove market span over 195 countries. The annual consumption is 350 billion, thus whether or not they wear glove for vaccination, there is little impact. 10% annual demand growth is expected as evident from past few years record, thus glove manufacturers are playing catching up and it may be another 3 years or more.

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/ Japan's hospitals facing medical glove shortage

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide. Almost 60 percent of those who responded said that they were running out.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

Whoever claim ASP is dropping, glove is oversupply, please leave your contact, how much you have in hand and how much you are willing to let go because I have inquiries from overseas and willing to pay 50% upfront. It's better than trading glove stock.

Common sense lah, Covid cases are shooting up and number of people drop death are increasing day by day and this is only the beginning of winter. Hospitals are turning away non critical procedures/surgeries. Medical grade glove already running out in many countries thus confirmed book order till end of 2021 as of last month, which may span further into 2022 as times goes by. Supermax serve global market, not only 1 or 2 countries, and the annual consumption is 350 billion, thus whether or not they wear glove for vaccination, there is little impact. 10% annual demand growth is expected as evident from past few years record, thus glove manufacturers are playing catching up and it may be another 3 years or more.

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/ Japan's hospitals facing medical glove shortage

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide. Almost 60 percent of those who responded said that they were running out.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

Whoever claim ASP is dropping, glove is oversupply, please leave your contact, how much you have in hand and how much you are willing to let go because I have inquiries from overseas and willing to pay 50% upfront. It's better than trading glove stock.

Common sense lah, Covid cases are shooting up and number of people drop death are increasing day by day and this is only the beginning of winter. Hospitals are turning away non critical procedures/surgeries. Medical grade glove already running out in many countries thus confirmed book order through Apr 2022 as of this month, which may span further into 2022 or 2023 as times goes by. TG serve 195 countries, not only 1 or 2 countries, and the consumption is 350 billion a year, thus whether or not they wear glove for vaccination, there is little impact. 10% annual demand growth is expected as evident from past few years record, thus glove manufacturers are playing catching up and it may be another 3 years or more.

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/ Japan's hospitals facing medical glove shortage

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide. Almost 60 percent of those who responded said that they were running out.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

<<< Albukhary >>> You are correct and that is why I say it is unlikely what the Bangladeshi are saying but nicely scripted by someone. I have had been to their textile mills and I can say their working conditions is 100X worse. And their wages is pathetic. The whole engineering team including manager (about 30 of them altogether) is only about the same of my salary. And, sorry to say that I will only take mineral water when I was in Bangladesh.

<<<news10>>> Yes, I have watched it and this is not the only video over the last one year. It is not that bad compared to my first job some 10years+ ago. Can you do a comparison with construction living conditions? Why not show an exemplary manufacturing facility in Bangladesh. It's 100X worse. Are we going to stop all factories in Bangladesh? With current setup in Bangladesh and dense population, there is no way they can cope with Covid SOP.

It is also suspicious as to how knowledgeable these people are about the company profitability, etc, etc as though they are reading out from the script.

Even for Malaysians, we can see almost everyone are violating SOP including our elite politicians, unfortunately. If I were to take a video of your daily activities, I'm sure you are no angel either.

<<< news10 >>> What I'm saying is that it is unlikely what a Bangladesh would say because it's like heaven to them. If you come from Bangladesh that sleeps 20 people in one room and no mattress, no clean water, unstable electricity (or frequent blackout), frequent outbreak, no Covid SOP, no safety standard, etc and only earning RM100 a month, what do you have to complain?

It's like many Asians doing blue-collar work in US, earning minimum wage are happy compared to the local Americans because their livelihood is much better than back-at-home. In fact, there are still many Asians working in US illegally and living in shabby condition, probably worse than TG living quarters.

<<Agjl>> For KLCI Components stock it would be 15% like Topglove, Harta, PBB, Tenaga but others would be 30%