South Africa’s New Covid Cases Almost Quadruple in Four Days


The country recorded 16,055 infections in the last 24 hours and the positivity rate accelerated to 24.3% of tests from 16.5% on Tuesday, according to the National Institute for Communicable Diseases. 


https://www.bloomberg.com/news/articles/2021-12-03/south-africa-covid-19-daily-cases-almost-quadruple-in-four-days?srnd=premium-asia


*global omicron virus spiking unstoppable, unavoidable further restrictions

South Africa’s New Covid Cases Almost Quadruple in Four Days


The country recorded 16,055 infections in the last 24 hours and the positivity rate accelerated to 24.3% of tests from 16.5% on Tuesday, according to the National Institute for Communicable Diseases. 


https://www.bloomberg.com/news/articles/2021-12-03/south-africa-covid-19-daily-cases-almost-quadruple-in-four-days?srnd=premium-asia


*global omicron virus spiking unstoppable

South Africa’s New Covid Cases Almost Quadruple in Four Days


The country recorded 16,055 infections in the last 24 hours and the positivity rate accelerated to 24.3% of tests from 16.5% on Tuesday, according to the National Institute for Communicable Diseases. 


https://www.bloomberg.com/news/articles/2021-12-03/south-africa-covid-19-daily-cases-almost-quadruple-in-four-days?srnd=premium-asia


*global omicron virus spiking unstoppable

South Africa’s New Covid Cases Almost Quadruple in Four Days


The country recorded 16,055 infections in the last 24 hours and the positivity rate accelerated to 24.3% of tests from 16.5% on Tuesday, according to the National Institute for Communicable Diseases. 


https://www.bloomberg.com/news/articles/2021-12-03/south-africa-covid-19-daily-cases-almost-quadruple-in-four-days?srnd=premium-asia

South Africa’s New Covid Cases Almost Quadruple in Four Days


The country recorded 16,055 infections in the last 24 hours and the positivity rate accelerated to 24.3% of tests from 16.5% on Tuesday, according to the National Institute for Communicable Diseases. 


https://www.bloomberg.com/news/articles/2021-12-03/south-africa-covid-19-daily-cases-almost-quadruple-in-four-days?srnd=premium-asia

'Big likelihood' more Omicron cases in Malaysia, Khairy warns

KUALA LUMPUR (Dec 3): Health Minister Khairy Jamaluddin warned on Friday (Dec 3) there is a "big likelihood” there are already more Covid-19 cases of the Omicron variant in Malaysia because the first infection detected on Thursday involved a South African national who arrived in Malaysia on Nov 19 — before the World Health Organization (WHO) designated Omicron as a variant of concern (VOC).


https://www.theedgemarkets.com/article/big-likelihood-more-omicron-cases-malaysia-khairy-warns

*so scary this message from MOH

'Big likelihood' more Omicron cases in Malaysia, Khairy warns

KUALA LUMPUR (Dec 3): Health Minister Khairy Jamaluddin warned on Friday (Dec 3) there is a "big likelihood” there are already more Covid-19 cases of the Omicron variant in Malaysia because the first infection detected on Thursday involved a South African national who arrived in Malaysia on Nov 19 — before the World Health Organization (WHO) designated Omicron as a variant of concern (VOC).


https://www.theedgemarkets.com/article/big-likelihood-more-omicron-cases-malaysia-khairy-warns

'Big likelihood' more Omicron cases in Malaysia, Khairy warns

KUALA LUMPUR (Dec 3): Health Minister Khairy Jamaluddin warned on Friday (Dec 3) there is a "big likelihood” there are already more Covid-19 cases of the Omicron variant in Malaysia because the first infection detected on Thursday involved a South African national who arrived in Malaysia on Nov 19 — before the World Health Organization (WHO) designated Omicron as a variant of concern (VOC).


https://www.theedgemarkets.com/article/big-likelihood-more-omicron-cases-malaysia-khairy-warns


*so scary heard this message from MOH

'Big likelihood' more Omicron cases in Malaysia, Khairy warns

KUALA LUMPUR (Dec 3): Health Minister Khairy Jamaluddin warned on Friday (Dec 3) there is a "big likelihood” there are already more Covid-19 cases of the Omicron variant in Malaysia because the first infection detected on Thursday involved a South African national who arrived in Malaysia on Nov 19 — before the World Health Organization (WHO) designated Omicron as a variant of concern (VOC).


https://www.theedgemarkets.com/article/big-likelihood-more-omicron-cases-malaysia-khairy-warns

'Big likelihood' more Omicron cases in Malaysia, Khairy warns

KUALA LUMPUR (Dec 3): Health Minister Khairy Jamaluddin warned on Friday (Dec 3) there is a "big likelihood” there are already more Covid-19 cases of the Omicron variant in Malaysia because the first infection detected on Thursday involved a South African national who arrived in Malaysia on Nov 19 — before the World Health Organization (WHO) designated Omicron as a variant of concern (VOC).


https://www.theedgemarkets.com/article/big-likelihood-more-omicron-cases-malaysia-khairy-warns

Khairy: First Omicron case detected in Malaysia on Dec 2

KUALA LUMPUR (Dec 3): Malaysia on Thursday (Dec 2) detected its first case involving the Omicron variant of Covid-19 after a South African national tested positive for it, Health Minister Khairy Jamaluddin said on Friday.

https://www.theedgemarkets.com/article/covid19-malaysia-detects-first-omicron-case-khairy



*so scary coming to Malaysia, hopefully not again lock down otherwise all industry unable to sustain

Khairy: First Omicron case detected in Malaysia on Dec 2

KUALA LUMPUR (Dec 3): Malaysia on Thursday (Dec 2) detected its first case involving the Omicron variant of Covid-19 after a South African national tested positive for it, Health Minister Khairy Jamaluddin said on Friday.

https://www.theedgemarkets.com/article/covid19-malaysia-detects-first-omicron-case-khairy

Khairy: First Omicron case detected in Malaysia on Dec 2

KUALA LUMPUR (Dec 3): Malaysia on Thursday (Dec 2) detected its first case involving the Omicron variant of Covid-19 after a South African national tested positive for it, Health Minister Khairy Jamaluddin said on Friday.

https://www.theedgemarkets.com/article/covid19-malaysia-detects-first-omicron-case-khairy



*so scary coming to Malaysia

Khairy: First Omicron case detected in Malaysia on Dec 2

KUALA LUMPUR (Dec 3): Malaysia on Thursday (Dec 2) detected its first case involving the Omicron variant of Covid-19 after a South African national tested positive for it, Health Minister Khairy Jamaluddin said on Friday.

https://www.theedgemarkets.com/article/covid19-malaysia-detects-first-omicron-case-khairy



*so scary coming to Malaysia

Khairy: First Omicron case detected in Malaysia on Dec 2

KUALA LUMPUR (Dec 3): Malaysia on Thursday (Dec 2) detected its first case involving the Omicron variant of Covid-19 after a South African national tested positive for it, Health Minister Khairy Jamaluddin said on Friday.

https://www.theedgemarkets.com/article/covid19-malaysia-detects-first-omicron-case-khairy

Khairy: First Omicron case detected in Malaysia on Dec 2

KUALA LUMPUR (Dec 3): Malaysia on Thursday (Dec 2) detected its first case involving the Omicron variant of Covid-19 after a South African national tested positive for it, Health Minister Khairy Jamaluddin said on Friday.

https://www.theedgemarkets.com/article/covid19-malaysia-detects-first-omicron-case-khairy

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html


*unavoidable virus spiking

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html


*unavoidable virus spiking

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html


*unavoidable virus spiking

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html




*unavoidable virus spiking

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

Moderna Sees Struggle; China Vaccines for Africa: Virus Update

Bloomberg News
30 November 2021, 6:57 am MYT Updated on 30 November 2021, 1:43 pm MYT

Moderna Sees Variant Challenge (1:22 p.m. HK)

Existing vaccines will be less effective at tackling omicron than earlier strains of Covid-19 and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Moderna Chief Executive Stephane Bancel said in an interview with the Financial Times.

https://www.bloomberg.com/news/articles/2021-11-29/hong-kong-widens-ban-singapore-reopening-flops-virus-update?srnd=premium-asia

ruberex will limit up today

carepls will limit up today

comfort will limit up today

watch out, 6.50 coming

watch out, 22.00 coming

watch out, 22.00 coming

Big beneficiary is Mycron because it's leader of cold-roll coils manufacturer in Malaysia

Malaysia to impose anti-dumping duties for 5 yrs on some steel products from China, South Korea & Vietnam


https://www.thesundaily.my/business/malaysia-to-impose-anti-dumping-duties-for-5-yrs-on-some-steel-products-from-china-south-korea-vietnam-CD8467958



On April 12, 2021, the government initiated an administrative review (sunset review) on the imposition of anti-dumping duties with regard to imports of cold-rolled coils of alloy and non-alloy steel of a thickness between 0.20 millimetres to 2.60 millimetres and width between 700 millimetres to 1,300 millimetres originating or exported from China, South Korea and Vietnam into Malaysia.

The investigation was initiated based on a petition filed by Mycron Steel CRC Sdn Bhd, on behalf of the domestic industry producing the like product.

Pursuant to subsection 28(8) of the Countervailing and Anti-Dumping Duties Act 1993, the administrative review was carried out by the government to determine whether the continued imposition of the anti-dumping duties are necessary to offset dumping or/and the injury would be likely to continue to recur if the duty were removed or varied.

Don't forget now Melewar is holding about 74% shareholding

IF the management intends to privatise in lieu of current International HRC price surging from $1,370 to $ 1,899 (within 6 months period) to lock in future substantial profitable return

Foresee tentatively cost only about RM 85 mil which is equivalent to RM 1.00 to capture all shareholding


Remark : Above scenario only my personal review only

Mycron resilent accumulating

Foresee stock price will test RM 0.580 soon

Watch out under value GEM

Current PE only 3.45 times

If based on 8 times PE, TP shall be RM 1.36

Mycron on the way coming

https://www.theedgemarkets.com/article/nearterm-outlook-remains-positive-due-stronger-pickup-market-interest-says-interpacific


https://www.thestar.com.my/business/business-news/2021/09/30/strong-support-from-foreign-investors-seen


https://www.theedgemarkets.com/article/frankly-speaking-foreign-funds-are-back

Skyrocket coming soon since foreign funds are coming back to Malaysia equities.

Foreign funds' darling stocks top pick as Nestle, F&N, Carlsberg, Heineken, Dutch Lady , Panasonic, Ajinomoto.


Watch out

Skyrocket coming soon since foreign funds are coming back to Malaysia equities.

Foreign funds' darling stocks top pick as Nestle, F&N, Carlsberg, Heineken, Dutch Lady , Panasonic, Ajinomoto.

Watch out

https://www.theedgemarkets.com/article/nearterm-outlook-remains-positive-due-stronger-pickup-market-interest-says-interpacific


https://www.thestar.com.my/business/business-news/2021/09/30/strong-support-from-foreign-investors-seen


https://www.theedgemarkets.com/article/frankly-speaking-foreign-funds-are-back