https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3091891

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3092200

Q3 Report is coming soon, usually share price will be reflect in advance before Q3 report come out.

Gloves is a PPE are NEEDED for vaccine.

Without vaccine , gloves still can sell,

without gloves, vaccine cannot produce & inject due to health & Safety.

So, in long term gloves counter will be more stable.

Although vaccine is come out, but, nobody know is there any bad impact after injection.

IF suddenly came out newspaper saying some body get illness because of injection, alot of order are cancel. So, what would be happen?

Based on the changes of SH, the main SH seen like still yet to complete acquisition of shares. They might press down the price for complete the acquisition.

Currently 2 main SH are keep acquisition those disposal of Share from other SH.

If the vaccine'news is totally affected k+ shareprice, why the main SH keep acquisition the share? Not logic, right?

The only reason is they already know the profit is growing. What is the reason they slow down any announcement for purchase land & property & expamd production line? Because they don't want the news push up the price.

And for the vaccine company, they are purposely announce vaccine's news to affect the Gloves' shareprice. It seen like they have intention to press down the shareprice for gloves. Maybe they want to earning some bullet from here and get ready for their vaccine company when the vaccine is ready.

On the other hand, gloves is one of the expenses for vaccine company. Along the process from production line toward to packaging, they MUST wearing PPE / Safety equipment to ensure the product is safety.

No matter how, i still buy & hold k+. Because it is very common sense, even though the vaccine is come out, but, ppl still need use glove to prevent infection of covid-19.

For the manufacturing produce the vaccine or in the production line, wearing gloves is the MUST.

For the doctor or nurse, who are helping ppl do injection, they still need wearing gloves when they do injection. And change the gloves every times each person.

Plus, currently situation, many country start voice up they already have vaccine. But, their president or higher person are not yet start injection.
That means, they know their vaccine are still not successful / still not safe for use.

All the rumor regarding vaccine just to push down the gloves'share price. At the end, they can sapu as must as possible.

A lot of ppl are start panic, they start so call 'CUT LOSS', because this kind of rumor.

Based on the graph, it might touch down at RM3.45, After that, it will start shoot up.

I believe that k+ will become top5 glove producer company. Because the company currently keep on expand business, keep on buying land open as more as possible production line.

If there is no huge demand / order, why the company keep purchase land & add on production line.

Hope all production line can start work as soon as possible.