Investoz88

Investoz88 | Joined since 2021-05-24

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Stock

2022-01-21 10:06 | Report Abuse

Harta is green green.. why?

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2022-01-21 09:47 | Report Abuse

Top glove benefit if supermax got cancelled?

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2022-01-21 09:16 | Report Abuse

.
Dow dropped as expected..
Funds will switch to low valuation counters like healthcare etc.
Top glove and the rest should benefit with results likely to be better than expectation. Watch and see..

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2022-01-20 22:52 | Report Abuse

People always go to extreme in reading the stock market. Overly euphoria or extreme pessimism. The experienced traders should know where are we at the moment..

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2022-01-20 16:40 | Report Abuse

Restocking and buying have started after the recor breaking cases due to Omicron..
Next coming results fromgloves peer will see more updates.

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2022-01-20 16:38 | Report Abuse

KUALA LUMPUR, Dec 10 — Top Glove Corporation Bhd expects sales volume for its second financial quarter ending Feb 28, 2022, to be stronger by about 10 per cent compared to the first quarter amid increasing demand.

Managing director Datuk Lee Kim Meow said the group was expected to improve its sales volume to the United States (US) as it gradually regained its previous export level.

We have seen an increase in weekly orders coming in these past few weeks. With that, in terms of sales for the second quarter, we are expecting to see a stronger volume, he told a virtual media briefing on the group’s financial performance for the first quarter ended Nov 31, 2021 (Q1 FY22) today.

He said demand may also be driven by concerns on the global spread of the Omicron variant, which buyers were currently monitoring to decide whether to stockpile gloves again.

We have not seen the full response to how it has developed all over the world. A lot of our customers are basically on the lookout, and I believe some of them could also be replenishing their stock, Lee said, noting huge orders coming from the Middle East for medical use.

During the previous months, some of our customers bought gloves from China; but with our good rapport with customers, our good cost structure... we were able to be competitive and bring them back (to the fold),” he added.
Lee said Top Glove anticipated the business environment to be challenging in the immediate term, as competition continued to intensify amid moderating glove demand.

Nonetheless, the company remains cautiously optimistic on its industry outlook, given that global demand for gloves as an essential item will continue to grow steadily at a rate of more than 10 per cent per annum even after the pandemic recedes, he said.

According to him, glove demand is expected to be stronger — thus offsetting the growth in supply — as the world learns to live with Covid-19 while managing the emergence of new strains, and glove usage in the medical sector in developing countries continues to increase.While we have entered a challenging and competitive time in the glove industry, we are not deterred. Challenges are not within our control and the way to manage them well is to focus on internal factors.

To this end, we will continue improving our quality and efficiency through research and development (R&D), enhancement programmes and advanced technology, as we deepen our commitment to sustainability, Lee said.
Most importantly, we will ensure our foundation is strong by remaining mentally, physically and financially healthy, which will enable us to weather the tough times, do better and emerge stronger, he added. — Bernama

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2022-01-20 15:41 | Report Abuse

Since Omicron arrived after the qtr results announcement, the tide has turned. Restocking and orders will come in strong.. buyers cannot hold.

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2022-01-19 21:46 | Report Abuse

Looking at current price and PE ratio, analysts are assuming very low revenues and profits due to vaccine roll out. With Omicron and more variants out there, the view need to be calibrated. Next week results for Hartalega will provide some clues.. Believe it will outperform.

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2022-01-19 16:51 | Report Abuse

Hospitals are filled with patients..
Demands for PPE and gloves still elevated for protection.
What do you think will be the coming results??

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2022-01-19 16:42 | Report Abuse

WASHINGTON (TND) — As cases of omicron are still soaring across the country, hospital systems in several states are overloaded.

New data shows that Maryland state hospitals are the most “COVID-stressed” in the country with one in every three beds filled by a coronavirus patient.

The new measurement is used by states to determine which services hospitals are able to provide to people without severe coronavirus cases.

According to NBC News’ Data Point, hospitals in 19 states are under extreme stress, meaning at least one in every five patients is being treated for COVID-19. Four weeks ago, zero states ranked extreme. There are also 30 states that are considered to be under high stress.

According to the University of Minnesota's COVID-19 Hospitalization Tracking Project, 77% of hospitals are under high or extreme stress.

That means some of these facilities are not able to handle all preventative services like cancer screenings or elective surgeries...

https://kcby.com/news/nation-world/covid-surge-majority-of-us-hospitals-under-high-or-extreme-stress

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2022-01-19 16:40 | Report Abuse

Omicron slamming S. American hospitals as workers fall ill

The coronavirus’ omicron variant is barreling across South America and pressuring hospitals whose employees are getting infected and taking sick leave, leaving facilities understaffed to cope with COVID-19′s third wave

By DÉBORA ÁLVARES and ALMUDENA CALATRAVA Associated Press
18 January 2022

https://abcnews.go.com/International/wireStory/omicron-slamming-american-hospitals-workers-fall-ill-82310415

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2022-01-19 15:13 | Report Abuse

Kossan and Hartalega up due to results coming?
The rest will follow when the time comes ..

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2022-01-19 15:05 | Report Abuse

GG for Topglove?
Company busy taking more orders from US and Europe with record hospitalisaion.
Directors buying more shares.. why?
Next quarter results will know the reason..

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2022-01-19 08:49 | Report Abuse

Believe correction and rotation will happen back to healthcare and gloves counters.
Valuation now is just too cheap to ignore for these cash rich companies.

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2022-01-19 08:29 | Report Abuse

See quite a few favorable things going for gloves companies..
1. Analysts predicted pandemic ending after vaccine rolled out. But WHO cautioned that unvaccinated countries will prolong pandemic and all are not safe until whole world is. Omicron is one of many others..
2. Omicron caused new record cases and hospitalizations. Likely restocking and demands are back.
3. ASP should be stabilised or even go up with elevated demands and lower than expected supplies.
4. Cost of raw materials are down to normalised level.
5. USD up, RM down will increase margin and profits.
6. Current PE is too low due to sentiment. Likely to trend back to above 15 times with re rating on the card due to above factors.
7. Funds and Institutions likely rotate back to healthcare from other expensive sectors. Dow correction coming?
8. Above scenarios happened before.. can repeat again.

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2022-01-17 16:35 | Report Abuse

What happen to the depressed price when the above are settled?
US factories are also currently being built with the huge cash generated by the recent profit windfall.. future good or not?
Invest wisely.. agreed.

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2022-01-17 16:32 | Report Abuse

Malaysian glove manufacturer Supermax Corp (SUPM.KL) has introduced a new foreign worker management policy and enhanced its current human resources policies in light of allegations of forced labour, it said on Monday.

Supermax said in a statement it is currently in the process of updating the CBP about improvements made under the new policies.

"The effectiveness and implementation of these policies will be inspected by different levels of on-going audits with at least two auditing processes, and two additional U.S.-based auditors, which will conduct analysis and monitoring against the ILO 11 Forced Labour Indicators," it said, referring to the International Labour Organization (ILO) standards.

Supermax has also begun reimbursing recruitment fees to former workers since September and expects to complete this process by March.

The company said improvements to working and living conditions are in progress with refurbishment and renovation expected to be completed by mid-February.

It has also adopted an equal pay and benefit structure for foreign workers, to match that of local workers. This will further eliminate any discriminatory practice, it said.

Supermax said it has proactively raised its minimum wage to 1,400 ringgit ($335.73) per month, higher than the current national minimum wage of 1,200 ringgit...

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2022-01-17 15:57 | Report Abuse

The insiders and people who know the demands and new orders are the CEO and directors.. they are buying up cheap shares while they still can, arent they?

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2022-01-17 15:43 | Report Abuse

After the last poor QR for most gloves companies, looking forward to a better than expected results soon.

The current production should recover from many restrictions imposed during fateful months, ASP stabilised and demands/ orders returning due to omicron/ prolonged pandemic and restocking program as presented by some analysts.

Price should not stay low for long, PE ratio will soon return closer to 15 times then current 3 times allowing stock price to do a good gap up..

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2022-01-17 14:06 | Report Abuse

After the last poor QR for most gloves companies including Top Glove, looking forward to a better than expected results soon.

The current production should recover from many restrictions imposed during fateful months, ASP stabilised and demands/ orders returning due to omicron/ prolonged pandemic and restocking program.

Price should not stay low for long, PE ratio will soon return closer to 15 times then current 3 times allowing stock price to do a good gap up..

Stock

2022-01-17 13:41 | Report Abuse

Expect more worrisome Covid-19 variants after Omicron: scientists

Experts say there’s no guarantee future variants will cause milder illness or that existing vaccines will work against them.
With both Omicron and Delta circulating, people may get double infections that could spawn ‘Frankenvariants’ hybrids
16 Jan, 2022

Scientists warn that Omicron’s whirlwind advance practically ensures it will not be the last version of the coronavirus to worry the world.

Every infection provides a chance for the virus to mutate, and Omicron has an edge over its predecessors: It spreads much faster despite emerging on a planet with a stronger patchwork of immunity from vaccines and prior illness.

That means more people in whom the virus can further evolve. Experts do not know what the next variants will look like or how they might shape the pandemic, but they say there’s no guarantee the sequels of Omicron will cause milder illness or that existing vaccines will work against them.

They urge wider vaccination now, while today’s shots still work.
Scientists call for more virus surveillance to detect new variants sooner

The faster Omicron spreads, the more opportunities there are for mutation, potentially leading to more variants, Leonardo Martinez, an infectious disease epidemiologist at Boston University, said..

DONT BE COMPLACENT..

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2022-01-14 17:16 | Report Abuse

Health concerns lives.. listen to the doctors and health scientists.
Not to the politicians, funds and ceos etc.
Omicron coming to our country and those around us.
Cannot be complacent pls..

Stock

2022-01-14 16:37 | Report Abuse

Daily Covid cases rise across Asia

Here are the latest daily Covid figures from across Asia:

South Korea has just reported a daily rise of 4,542 confirmed coronavirus cases and 49 deaths, according to the Korea Centers for Disease Control and Prevention. A further 659 people are in critical condition with 510 new admissions per day.

Japan is reporting another 18,673 new daily cases, according to ministry of health data.

Thailand has reported another 8,158 confirmed coronavirus cases and 15 deaths, according to health ministry data.

Pakistan reported another 3,567 confirmed coronavirus cases and 7 deaths with 675 people in critical care, according to figures from the country’s National Command and Operation Centre.

India is also reporting another 264,202 confirmed coronavirus cases and 315 deaths, according to the ministry of health.

Malaysia has recorded another 3,684 new cases and 12 deaths, according to government data.

China has reported 201 new confirmed coronavirus cases for 13 January, up from 190 a day earlier, its health authority said on Friday. Of the new infections, 143 were locally transmitted, according to a statement by the National Health Commission, compared with 124 a day earlier.

New Zealand has reported another 18 community cases with 34 in hospital and 2 in ICU care, according to ministry of health data.


More news over the weekend..
Stay safe!!

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2022-01-14 16:06 | Report Abuse

Institutions and smart investors could move funds to healthcare very soon.
Dow correcting soon.. Watch it!!

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2022-01-14 15:01 | Report Abuse

New Covid-19 infections continue to rise across the US. Here's where things stand

CNN 13Jan - Covid-19 has killed more than 840,000 people in the United States since January 2020. The US is now averaging 1,777 new deaths each day, according to data by Johns Hopkins University. This is 49% higher than a week ago.

As of Thursday, the US is now averaging 786,064 new Covid-19 cases, according to JHU. The average daily case rate has more than doubled in the past two weeks.

There are about 151,261 people currently hospitalized with Covid-19, according to the US Department of Health and Human Services, breaking previous record highs for the second day in a row.

But those numbers fail to paint a complete picture, however, since testing scarcity and delays likely left many Covid-19 cases and deaths undiagnosed, especially during the outbreak's early stages.

In fact, the US Centers for Disease Control and Prevention estimate that as many as 1 in 3 people in the United States has been infected, more than three times the official count...

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2022-01-14 10:39 | Report Abuse

Gloves counters are making or losing money??
Over pessimism set in perhaps despite record high hospitalisations.

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2022-01-13 12:36 | Report Abuse

With daily cases and hospitalisation moving higher in Europe and US, gloves companies are busy meeting demands.

Many of these companies will report improved performance over the last one..
PE at or below 3 are unprecedented and will move back up to 15 times.
Upside for gloves companies is tremendous!!

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2022-01-13 10:22 | Report Abuse

TG directors all bought last week.. why?
Gloves revenues up or down?
TG profits higher or lower than last results??
Think

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2022-01-12 14:39 | Report Abuse

The medical experts are giving warnings.
Do not be complacent.
The situation is worse than 2 year back...

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2022-01-12 14:33 | Report Abuse

Do you need medical gloves when almost all 300 million USA residents and 50% of European could get infected with Omicron?

I cannot even imagine the hospital situation when it happen then....
Its very very serious.. words from WHO experts and USA health chief!!

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2022-01-12 12:34 | Report Abuse

.
The highly contagious Omicron variant will ' find just about everybody,' Fauci says, but vaccinated people will still fare better
CNN. January 12, 2022
https://edition.cnn.com/2022/01/11/health/us-coronavirus-tuesday/index...

About 50% living in Europe will be infected with Omicron according to WHO.

The sad scary truth is out slowly..
Market is denying the facts.
Be very concerned.

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2022-01-12 12:31 | Report Abuse

The highly contagious Omicron variant will ' find just about everybody,' Fauci says, but vaccinated people will still fare better
CNN. January 12, 2022
https://edition.cnn.com/2022/01/11/health/us-coronavirus-tuesday/index.html

About 50% living in Europe will be infected with Omicron according to WHO.

The truth is out slowly..
Market is denying the facts.
Be very concerned..

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2022-01-12 11:51 | Report Abuse

Collection over , TG will chiong pass 250 ..

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2022-01-12 11:50 | Report Abuse

Lim wife resigned so the 2 HK can come in.. getting ready for ipo.

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2022-01-12 08:45 | Report Abuse

Omicron is destructive to people lives and major obstruction to normalised work, travel, school and economy..
Hospitalisations and death are moving up unfortunately..
This cover will be exposed sooner than later.
The sentiment should soon reflect the ground situation.

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2022-01-12 07:47 | Report Abuse

Stock market is forward looking...
What happens when 50% of European are infested??
How about USA??
How about the poor countries???

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2022-01-12 07:44 | Report Abuse

https://unric.org/en/who-50-of-the-population-in-europe-could-be-infected-by-covid-in-next-2-months/

WHO: 50% of the population in Europe could be infected by Covid in next 2 months
11/01/2022

The World Health Organization (WHO) says health systems in many countries have come under “intense pressure” from the Omicron variant of COVID-19. Over 50% of the population in the European Region could be infected with Omicron in the next 6-8 weeks, according to the Institute for Health Metrics and Evaluation (IHME).

Dr. Hans Kluge, European Regional Director of WHO, told a press conference in Copenhagen today that the 53 countries in the Europe Region saw over 7 million newly reported cases of COVID-19 in the first week of 2022, figures which more than doubled over a two-week period...

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2022-01-11 23:23 | Report Abuse

Western countries are seeing record cases despite vaccination.
Hope the spread to poorer n less unvaccinated countries will be spared..

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2022-01-11 23:21 | Report Abuse

The World Health Organization (WHO) says health systems in many countries have come under “intense pressure” from the Omicron variant of COVID-19. Over 50% of the population in the European Region could be infected with Omicron in the next 6-8 weeks, according to the Institute for Health Metrics and Evaluation (IHME).

Dr. Hans Kluge, European Regional Director of WHO, told a press conference in Copenhagen today that the 53 countries in the Europe Region saw over 7 million newly reported cases of COVID-19 in the first week of 2022, figures which more than doubled over a two-week period...

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2022-01-11 16:37 | Report Abuse

U.S. hospitalizations surpass last winter’s peak.

The number of Americans hospitalized with Covid-19 has surpassed last winter’s peak, underscoring the severity of the threat the virus continues to pose as the extremely contagious Omicron variant tears through the United States.

As of Sunday, 142,388 people with the virus were hospitalized nationwide, according to data from the U.S. Department of Health and Human Services, surpassing the peak of 142,315 reported on Jan. 14 of last year. The seven-day average of daily hospitalizations was 132,086, an increase of 83 percent from two weeks ago.

The Omicron wave has overwhelmed hospitals and depleted staffs that were already worn out by the Delta variant. It has been driven in large part by people younger than 60. Among people older than 60, daily admissions are still lower than last winter.

The hospitalization totals also include people who test positive for the virus incidentally after being admitted for conditions unrelated to Covid-19; there is no national data showing how many people are in that category.

As cases soared over the past few weeks to an average of over 737,000 per day, far higher than last winter’s peak, public health officials have argued that caseloads were of limited significance because Omicron is less virulent than Delta and other variants, and that vaccines, and especially boosters, offered protection against severe illness.

But the surge’s sheer volume has overwhelmed hospitals across the country. And outside cities like New York, where Omicron hit early and has pushed hospitals to the brink, it is unlikely to have peaked.

Current hospitalizations are one of the most reliable measures of the severity of the pandemic over time, because they are not influenced by testing availability or by spikes in minor cases.

Dr. Anthony S. Fauci, the country’s top infectious diseases expert, told ABC News last week that it was “much more relevant to focus on the hospitalizations,” which lag behind cases.

About a quarter of U.S. hospitals are experiencing critical staffing shortages, according to the Department of Health and Human Services. Some states, like Oregon, have deployed the National Guard to help. Others, like Illinois and Massachusetts, are delaying elective surgeries — meaning surgeries that are scheduled, as opposed to an emergency, a category that can include procedures like a mastectomy for a cancer patient. In some cases, employees with asymptomatic or mildly symptomatic coronavirus infections have been working, potentially putting patients at risk.

After nearly two years, “even the most dedicated individuals are going to be tired and worn out, if not burned out and dealing with mental health issues as a consequence,” said Dr. Mahshid Abir, an emergency physician at the University of Michigan who is a researcher at the RAND Corporation.

Data in some of the first cities hit by Omicron also show deaths spiking sharply — not as fast as case rates, but fast enough to warn of more devastation to come.

Doctors, nurses and other medical personnel are also falling ill themselves, and while most are vaccinated and have not needed hospitalization, their illness still keeps them out of work. Now, hospitals overwhelmed by coronavirus patients are ill equipped to handle other emergencies like heart attacks, appendicitis and traumatic injuries.

“The demand is going up and the supply is going down, and that basically doesn’t paint a good picture for people and communities — not just for Covid, but for everything else,” Dr. Abir said.

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2022-01-11 13:10 | Report Abuse

Omicron is not mild!!

The number of Americans hospitalized with Covid-19 has surpassed last winter’s peak, underscoring the severity of the threat the virus continues to pose as the extremely contagious Omicron variant tears through the United States.

As of Sunday, 142,388 patients with the virus were hospitalized nationwide, according to data from the U.S. Department of Health and Human Services, surpassing the peak of 142,315 reported on Jan. 14 of last year. The seven-day average of daily hospitalizations was 132,086, an increase of 83 percent from two weeks ago.

The Omicron wave has overwhelmed hospitals and depleted staff who were already worn out by the Delta variant. It has been driven in large part by people younger than 60. Among people older than 60, daily admissions are still lower than last winter.

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2022-01-11 11:30 | Report Abuse

Jan 10 (Reuters) - The United States reported at least 1.13 million new coronavirus infections on Monday, according to a Reuters tally, the highest daily total of any country in the world as the spread of the highly contagious Omicron variant showed no signs of slowing.
Reporting by Lisa Shumaker in Chicago.

No need to read TP from these analysts.
All are outdated and can be thrown away.
Understand what is going on around the world incl USA..
Covid is still ragging and people are ill..
Gloves demands are back.

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2022-01-10 12:58 | Report Abuse

..
The U.S. is now averaging more than 700,000 new coronavirus cases per day, a USA TODAY analysis of Johns Hopkins University data shows.

The country reported about 4.91 million cases in the week ending Saturday. That's more cases in seven days than in April, May, June and July 2021 combined. At the latest pace, eight Americans are testing positive every second. Each of the last five days ranks in the top five of the entire pandemic for highest case counts.

"I would not be surprised at all if we go over a million cases per day," Dr. Anthony Fauci, the president's chief medical adviser, told News 4 New York in an interview Saturday.
For perspective, at one point in June the U.S. average daily caseload over a week was just above 11,000.

And while the prevalent omicron variant is milder on a per-case basis, fast-swelling numbers of new cases are burdening hospitals.

A federal report released Saturday shows about 138,000 COVID-19 patients in hospital beds, up 32% from the previous week.

But Fauci told the TV station the dismal numbers could start to decline by month's end.
"I can’t predict accurately, because no one can. But I would hope that by the time we get to the fourth week in January ... that we will start to see this coming down," Fauci said.

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2022-01-10 11:15 | Report Abuse

No 1 glove company in the world cannot lose so easily.. now cheap sale cannot be forever.. all directors buying show something.

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2022-01-10 09:49 | Report Abuse

Timing is most important.. believe TG will move up as the next qtr results will show jump, higher Asp and finally Ipo success.

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2022-01-10 09:46 | Report Abuse

HK ipo getting closer and closer with appointments of 2 connected veterans. Pick up some today slowly..

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2022-01-08 15:02 | Report Abuse

Covid cases broke records worldwide..

End Nov 2021: 7days avg new cases 600k
Today: 7 days avg new cases 2.1 million

End Nov 2021: Active cases 20 million
Today: Active 40 million

All healthcare workers and affected industries need protection.
Demands for gloves and PPE will go up corresponding.

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2022-01-07 16:46 | Report Abuse

PPE and gloves protect healthcare workers, doctors and nurses etc...
They need it more than ever before.
More news about the Omicron out this weekend..
Pray pray..

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2022-01-07 14:25 | Report Abuse

Top glove must start to get orders with such extended pandemic forecasted..
JPM need to issue another TP based on outlook soon..