No need fearmonger UK - children/young people very2 low risk
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Professor Robert Dingwall, a government scientist who sits on the JCVI group which advises on vaccines, said children may be “better protected by natural immunity generated through infection than by asking them to take the ‘possible’ risk of a vaccine”.

In a detailed Twitter thread, he said: “Teenagers are at intrinsically low risk from Covid. Vaccines must be exceptionally safe to beat this. Given the low risk of Covid for most teenagers, it is not immoral to think that they may be better protected by natural immunity generated through infection than by asking them to take the possible risk of a vaccine.”

And he said: “A last wave of mild infections in unvaccinated younger people may well be what we are now seeing.”

As long as infection doesnt turn into hosp/death, let it infect (like the flu)

No one wants ur gloves..please hodl all the way down to prepandemic level (Supermx 65 sen/TG rm1.5)

“Stop daily case updates as virus no longer an 'important cause of mortality', says UK JCVI scientist”

“Stop daily case updates as virus no longer an 'important cause of mortality', says UK JCVI scientist”

No need fearmonger UK - medical experts alrdy explain case numbers no longer turning into hosp/deaths b’coz of vacc

UK hosp only 1.6K (4% of Jan peak 39K)

UK ave daily death just 19 (1% of Jan peak 1.2K)

UK hosp only 1.6K (4% of Jan peak 39K)

UK ave daily death just 19 (1% of Jan peak 1.2K)

UK/Israel medical experts alrdy explain case numbers no longer turning into hosp/deaths b’coz of vacc

The longer 3.3 holds, the harder will fall..let the show begin

No need fearmonger UK..their hosp/death very2 low

Glovers soo desperate going other rooms to promote lol

BTW Welcome to July GenT warriors!!

Tonee Aiyoyo u read the projections properly..got big table - Jun2021F approx 3.3Bil..currently cumulative QR alrdy 2.8Bil - so coming QR expect 500Mil

P/s: Prepare to CUT in 1 month lol..need change name to lady (Toni Braxten) after this

Yesterday RHB expecting coming QR 500Mil profit & reduced TP to 3.4

For TP calculation, RHB assumed annual profits 2.4Bil (600Mil/qr) in 2022 & 1.5Bil (375Mil/qr) in 2023

No way thats achievable since coming QR also expecting just 500Mil profit

Expect further future TP downgrades

Tomorrow good chance to break 3.3 last support

After that, ‘Titanic’ song starts

Boomberg Wheres the rumor US takeover this month??

Just change name to Scamberg/Scumbag tomorrow

Tonee Search back yesterday someone post RHB glove research..can see their next QR estimate 500Mil

Tonee All things equal - prepandemic ASP = prepandemic profits = prepandemic ASP (65sen)

RHB expecting 500Mil for Aug QR

50% profit drop + ASP drop announcement = perfect ingredient for disaster

Inflation doesnt mean higher profits..means higher revenue but higher costs (raw material/wage) as well

History alrdy proven prepandemic price was the price that deterred competition..new competitors will keep coming in until price reaches prepandemic price which again deters new players

If higher price was viable, price increase would’ve happened pre-pandemic to maximise profits

Nobody knows what big boss means by ‘slightly’ higher..could be 5%/10%/15%

Anyway this is just his early estimation..More likely competition/oversupply will push it down to prepandemic level or even lower (some competitors may choose to lower price for more market share/volume)

Final verdict - prepandemic ASP max = prepandemic profits max = prepandemic price max (65 sen max)

Walao apologies to pjs, looks like 15% higher ASP does give 2x profits

Anyway, 2x prepandemic profits = 2x prepandemic share price (1.30)..still very2 OVERVALUED

* Fyi ur calculation for 15% higher post-pandemic profits (only deduct 25% tax) is wrong/overstated

**There are generally 3 types of costs - manufacturing/operating/tax

*** The additional 15% higher ASP isnt subject to manufacturing cost (still producing same amount of goods), but still liable for operating costs+tax (u only deducted for tax)..should also discount operating costs % as well

Ding3 3.30 lowest closing this yr..huge bearish reversal, tomorrow follow-thru lower

Keep jumping hard 3.3 floor sure crack eventually

15% higher than prepandemic ASP is negligible to earnings..Too much BS until cannot think str8

Post removed.Why?

Company practically no cash anymore - all spent on US factory/capex

Ur unrealistic imagination doesnt matter..be patient & just watch glove market break-down

If think now is low, wait until Aug QR out..expecting big bust..that time cannot see this price alrdy

Prev goreng peak 3.85 - went down to 3.3 (55sen drop)

Yesterday goreng peak 3.55 - looks like will see 3.0 soon (nice match 55sen drop)

Dare to goreng downtrend, prepare to get burned

Nice & steady drop

Post removed.Why?

Desperate glovers only believe anyone that says ASP upupup

TG boss latest say ASP drop to prepandemic, die2 dont believe also..prefer to believe Harta boss comments 6months ago (make ownself feel better)

Lai lai another run towards 3.3..keep stomping on that floor will eventually break!

Post removed.Why?

By the time MARGMA say ASP/demand going back to prepandemic level, price alrdy below 2.0

Real data laggard - leading indicators @ lead time/oversupply/covid cases alrdy point to prepandemic ASP

Glove shortage doesnt mean ASP can remain high..2018/2019 also glove shortage

Shortage is narrowing thats why ASP dropping..once shortage reach 2018/2019 level, ASP also drop to 2018/2019 level

Prepandemic ASP = prepandemic profits = prepandemic share price (65 sen)

US/UK/EU alrdy done with pandemic (75% glove market)

No more premium ASP/extraordinary demand - profit prepandemic level can only support prepandemic price (65 sen)

Glove tycoons got nothing to do with share price

Glove biz sustainable even share price 65 sen (prepandemic price)

Lai lai 3.7 today..dont break supporters hearts, many alrdy topup yesterday

Back to last friday’s high..will happily welcome new residents of Casa de Supermx chase high nxt week

Fact is ASP/profits/demand/IB TP all going down

Anyway goreng doesnt look at fundamentals..should have good show tomorrow up/down

Post removed.Why?

Prepandemic ASP = prepandemic profits = prepandemic share price (65sen)

Post removed.Why?

Aiyoyo where got Israel cases ever 0..wanna lie also try less obvious lol

No need fearmonger Israel..medical expert alrdy say their hosp/death very2 low

UOB Kay Hian Malaysia Research has downgraded the glove sector to UNDERWEIGHT from market weight as it fears the moderation of earnings over 2022-23 would drag on sentiment.

In its report on Tuesday, it added that due to the lofty average selling prices (ASPs), the glove makers could revert SHARPER than expected.

Inventory levels in the US are said to have almost restocked to pre-Covid-19 levels, it said.

Fyi ADRs dont affect MY shares

Anyway slight weakness expected since last week..even without Yoko, still bright future with RWLV..steady strong!!

Nice exit opportunity for our friends if go up to 4.5 like last year..definitely within my chart range..pray hard tonite

Last yr rebound from 3.3-4.5..might happen again this year who knows..nice symmetry

6.4K cases today nice little goreng

No need fearmonger US..their hosp/death very2 low

US just 10K cases yesterday