Someone posted this in another forum..I tot it is very funny:

Haha....why people are so worry that other people are losing money
....spend time talk three talk four....and it has got nothing to do with their money...
....LOL....strange people...haha.

Not a single brand is going to dominate world supply. Americans will want their Moderna and Pfizer, Europe will want Asttra Zenneca, South America want Sinovax and Middle East and Indonesia want Sinopharm, and Malaysia...it is anyone's guess.

MS go back to properties...sell factories, not gloves.

Next week is buy buy buy week

Reported in Indonesian newspapers on Halal Cerification.

REPUBLIKA.CO.ID, JAKARTA -- Badan Pengawas Obat dan Makanan (BPOM) memastikan bahwa calon vaksin Covid-19 yang dikerjasamakan oleh Bio Farma dengan Sinopharm, pabrikan farmasi asal China, dan Group 42 asal Uni Emirat Arab (UEA), telah mendapat sertifikat halal. Kandidat vaksin yang sudah dipesan Indonesia sebanyak 10 juta dosis ini juga telah mengantongi izin penggunaan darurat atau 'emergency use authorization' dari regulator pengawas obat China.

US elections might affect KLCI. Expected next week to be wild.

2 weeks ago, every one say Mah Sing big time, plenty of cash and prices will fly. Today prices down, same people all say Mah Sing become Mah Sink. Very realistic world. You make money, you are the best but if you lose money, you are the worst.

"The company’s phase three trial of its Ad5-nCoV vaccine candidate is being tested on some 40,000 participants in Russia, Saudi Arabia, Pakistan and Mexico

The last participant in the trial is expected to get the jab at the end of November, before the tests are wrapped up July 31 next year"

That means have to wait until July 2021 before can get approval. By that time, all other vaccines already in market.

I think price will be howering around .17 which is the target price for PP.

Plastic and Rubber are totally different products. Plastic moulding come in form of plastic resin from supplier, fed into heated moulds whether it is injected or blowed.Rubber gloves uses latex dipping, secret of the raw material lies on the vicosity, the curing rate and blending. Of course not forgetting the dipping rate. That's the soft know how technology. Management systems and attitude can be simiiar but technology is totally different. As for quality control, similar mnagement systems but totlly different testing procedures for consistencies especially medical gloves.

Mah Sing has got what it takes to produce gloves, the only challenge is how long is the learning curve?

aarontan..where you parking now? Share your tips..:)

Yes, everything is good here. I cannot find bad points about this counter except for its low price. There's nothing much to do now except to buy more to average down, hold and wait for approvals. I am fast approaching my threshold limit. But wait for how long, I also don't know. Afterall the price is so low. How much further can it go?

If you search for Sinopharm on NPRA website, you will find many products already approved.

https://www.npra.gov.my/index.php/en/consumers/information/products-search

Sinopharm, Sinovac and CanSino....which is the best? I read CanSino approved to be tested on military personnel only but Sinopharm and Sinovax approved to test on public in Middle East, Brazil, Indonesia, etc.

I think everyone would be looking at budget allocations next week and that will influence the share price movement of Iris.

HWGB got approval from FDA to make research potential using polio vaccine as Covid vaccine.

I remember it was 0.75 before glove announcement....don't tell me it is going back there

I just bought at 155. Averaging down...hehe

Why so many scarecrows la...

angelo...I have been in worse situation before...so I no scare die.

Trying my luck at 155...but very long queue..

angelo, I got some lots at prices higher than your...0.20 Hahahah...but I am not worried as my target is to wait for vaccine approvals.

Don't think Malaysia would be using these vaccines but look at the impact on share prices.
====================================================================

Moderna and BioNtech surged in Thursday trades as investor focus on a successful COVID-19 vaccine remained heightened amid a surge in daily virus cases.

Moderna traded higher by as much as 13%, while BioNtech jumped as much as 11%.

In its third quarter earnings report, Moderna said it's "actively preparing for the launch" of its COVID-19 vaccine.
Moderna's phase III trial of the vaccine candidate is fully enrolled with 30,000 patients.


To date, Moderna has received more than $1 billion in deposits from governments around the world who are eager to distribute a successful COVID-19 vaccine.

The most recent deal struck by Moderna was with Takeda of Japan, announced earlier today. Moderna will supply Takeda with 50 million doses of its COVID-19 vaccine in the first half of 2021 pending approval in Japan.

Depending on the results of a clinical trial, BioNtech's COVID-19 vaccine could be rapidly distributed across Germany by the end of this year, The Wall Street Journal reported on Thursday.

https://markets.businessinsider.com/news/stocks/moderna-biontech-stock-price-covid19-vaccine-update-deal-with-takeda-2020-10-1029743540#

I know...I was looking at emergency use for our frontliners.

WHO endorses emergency use of China’s COVID-19 vaccine
China says WHO has approved the emergency use of its COVID-19 vaccine.

https://nairametrics.com/2020/09/25/who-endorses-emergency-use-of-chinas-covid-19-vaccine/

As mentioned, I am a long term player. Not going to let go for at least 6 mths.

Dex, Kanger is the distributor for Malaysia only...not global.

Buy when it is low and hold. But I do not expect prices will fluctuate much until PP is finalised. So contra players, don't get trapped.

Otherwise if things go south, you might call me evil....LOL

It has nothing to do with US election. This is a Chinese controlled counter. With or without Trump, Covid19 is not going to go away and Vaccine is going to come. This is a unstoppable train regardless. This is my personal opinions as I am vested here but don't let me want to influence you guys...it is your money and your decisions. We are just exchanging our thoughts here.

And PP is now being finalised. Sharks cannot allow fluctuations too much. Must be within range.

It is a waiting game. Cash players can hold and when contra players forced sell..price drop, they buy,..then price go up, retailers come in. Repeat cycle.

Retail mentality cannot pakai here. Sure koyak by them. That's why I say this is a mid term counter.

shark...this is not Destini la. I hv to CL from there

reez, it is true if this is a normal counter, but from what I see this is a heavily syndicate controlled counter. It is up to them to sell off or not. 52m volume is not big sell off.

It is PP time. The price won't drop much. It will trade within 165 to 175.

As long as you do not borrow to buy....this is a mid term counter, at least 3 months. Not for short term investors.

And I will add lagi if price drop more

I already had quite a bit of stock, I not scared at all.

0.16....I am waiting for you.

Different people think differently. I only buy quietly.

It does not benefit Kanger to keep prices down long term. It will rise when vaccine is good.

Drop .005 sen, have to cut loss? Hahaahahaha......

I think 170 -175 will stay for a while while PP is underway. It is usually a predetermined discounted agreed price over average of last 5 trading days. Prices usually do not fluctuate wildly.

Kanger is not just into bamboo business. The more I dig, now I also find they are into property developments too.

Was going through some past announcements, discovered a new company Kanger Glove had been formed to buy a piece of land to build glove factory. Interesting.

Normally they will trade up to a higher level before fixing the price to get max proceeds.

Moderna is totally new vaccine. It is the most expensive type and has not been mass manufactured yet. Tried and tested inactivated vaccine is still the way to go but the effectiveness is lower than active types. That's why Sinopharm and Sinovax or Coronavax need 2 doses.

With the announcement of nearly 10,000 police personnel having Covid19, not surprised if emergency vaccine is used.

If it is FDA or WHO approval, MOH will definitely approve. It is like World Standard versus Malaysian Standard.