“The billion ringgit question – will glove demand continue to remain high, relative to increasing production and supply? No one can answer this.”

https://www.channelnewsasia.com/news/world/israel-looking-to-buy-36-million-booster-shots-of-covid-19-vaccine-14309984

Israel is looking to buy 36 million more doses of COVID-19 vaccines, three times the number it has already bought, in case booster shots are needed later in the year, Prime Minister Benjamin Netanyahu said on Monday (Mar 1).


"We are working on bringing a further 36 million vaccines for the citizens of Israel," Netanyahu said in public remarks. "The vaccines we have, no one knows how long they last...We need to prepare for the worst scenario. The worst scenario is that we have to vaccinate every half year."



Imagine the glove demand every half year.

Due to the virus variants, a booster 3rd jab is required. This is just to combat the current virus variant. Virus continue to mutate and variants continuously emerge. Israel which is the leading country with vaccination is now preparing for every half year vaccination.

https://www.channelnewsasia.com/news/world/israel-looking-to-buy-36-million-booster-shots-of-covid-19-vaccine-14309984

Israel is looking to buy 36 million more doses of COVID-19 vaccines, three times the number it has already bought, in case booster shots are needed later in the year, Prime Minister Benjamin Netanyahu said on Monday (Mar 1).


"We are working on bringing a further 36 million vaccines for the citizens of Israel," Netanyahu said in public remarks. "The vaccines we have, no one knows how long they last...We need to prepare for the worst scenario. The worst scenario is that we have to vaccinate every half year."



Imagine the glove demand every half year.

Due to the virus variants, a booster 3rd jab is required. This is just to combat the current virus variant. Virus continue to mutate and variants continuously emerge. Israel which is the leading country with vaccination is now preparing for every half year vaccination.

Look at TG yesterday. Great support from TG Directors and Owners. Because of this confidence, EPF jumped in.

What about Supermax ? Shameful performance of share price despite huge glove demand.

https://www.channelnewsasia.com/news/world/israel-looking-to-buy-36-million-booster-shots-of-covid-19-vaccine-14309984

Israel is looking to buy 36 million more doses of COVID-19 vaccines, three times the number it has already bought, in case booster shots are needed later in the year, Prime Minister Benjamin Netanyahu said on Monday (Mar 1).


"We are working on bringing a further 36 million vaccines for the citizens of Israel," Netanyahu said in public remarks. "The vaccines we have, no one knows how long they last...We need to prepare for the worst scenario. The worst scenario is that we have to vaccinate every half year."



Imagine the glove demand every half year.

Due to the virus variants, a booster 3rd jab is required. This is just to combat the current virus variant. Virus continue to mutate and variants continuously emerge. Israel which is the leading country with vaccination is now preparing for every half year vaccination.

https://www.channelnewsasia.com/news/world/israel-looking-to-buy-36-million-booster-shots-of-covid-19-vaccine-14309984

Israel is looking to buy 36 million more doses of COVID-19 vaccines, three times the number it has already bought, in case booster shots are needed later in the year, Prime Minister Benjamin Netanyahu said on Monday (Mar 1).


"We are working on bringing a further 36 million vaccines for the citizens of Israel," Netanyahu said in public remarks. "The vaccines we have, no one knows how long they last...We need to prepare for the worst scenario. The worst scenario is that we have to vaccinate every half year."



Imagine the glove demand every half year.

Due to the virus variants, a booster 3rd jab is required. This is just to combat the current virus variant. Virus continue to mutate and variants continuously emerge. Israel which is the leading country with vaccination is now preparing for every half year vaccination.

How to attract big funds into this counter, when company can't even hold the share price above RM 5.

Better exit KLSE Index. Not fit to remain. Let DIY in instead.

One day up, the rest of the days share plunge.

Ya, like buying a Luxury condo in the US. If only he had used the Billions to defend the share price from RSS and IB, today we will still be at RM 8 above.

Disgraceful.

Dont worry about the bad guys. Where is our owner and management to support the price? Busy buying condo. That is the difference between TG and this doomed counter. Shameful. Pathetic.

Shameful. Embarrassing. Billion ringgit PAT but pathetic share price.

Not sustainable. All a show and trap. Manipulation.

Glove demand rising, but share price dropping. Manipulation?

Glovefinish is recycling May 2020 old news on China Drug. It does not exist now. Just the vaccines.

Down RM 4, UP RM 0.55. Shameful.

Naysayers are correct. Until this counter reaches RM 8 and above, there is nothing to be proud off.

Share price of loss making companies have appreciated and continuing to increase.

Despite Billion dollar PAT, share price plunge and now trying to recover. Embarrassing.

Lets see if this rebound is sustainable. What has changed in the company's fundamentals? Still doing well with huge PAT, glove demand still high for many years. But what has caused the share to plunge and now recovering? RSS, IB manipulation? Pitty investors who panicked and sold?

Lets see if this rebound is sustainable. What has changed in the company's fundamentals? Still doing well with huge PAT, glove demand still high for many years. But what has caused the share to plunge and now recovering? RSS, IB manipulation? Pitty investors who panicked and sold?

Lets see if this rebound is sustainable. What has changed in the company's fundamentals? Still doing well with huge PAT, glove demand still high for many years. But what has caused the share to plunge and now recovering? RSS, IB manipulation? Pitty investors who panicked and sold?

Lets see if this rebound is sustainable. What has changed in the company's fundamentals? Still doing well with huge PAT, glove demand still high for many years. But what has caused the share to plunge and now recovering? RSS, IB manipulation? Pitty investors who panicked and sold?

The current PN Government is different. They support the local glove manufacturers. Vaccinations are all with full PPE including glove like many countries in the world.
The Government could have easily imposed windfall tax but did not as this would send an adverse signal to the market. Instead the PN Government gave the Big 4 to play an important role in vaccination. The donated RM 400 Mil. So we should support the current Government and work hand in hand.
Vaccination is actually the catalyst for gloves but market needs reassurance of continued and sustainable demand.

There is no doubt of RSS, IB manipulation, warrant expiring, etc. Nevertheless a strong company will defend its share value by continuously issuing proof of performance, good sustainable revenue, demand for gloves, potential earnings / PAT, etc, etc to assure the market.
Instead of buying Luxury Condo in USA.

In terms of efficiency, our glove makers still have at the upper hand. Glove making especially Tier 1 quality is not as simple as making mask. As for the US wanting to build their capacity, at the first place back in the days, their manufacturers chose to disposed all these assets as they they find it low value in nature and could not compete hence adopting the OEM model.

Mercator Medical, the superstar polish glove maker that rose to fame on the back of the pandemic is still 7X its stock price back in April 2020 and sustaining well even after falling from the peak of PLN 770 to what it is today. We must remember, Mercator unlike our Big 4 did not even enjoy the same level of global reputation and standing yet it is sustaining much better than the price action of our local glove makers

Owens & Minors is one of the notable PPE maker and supplier in US. It has a history of over 100 years. Despite the vaccine roll out and all the talks of pandemic being over, the share price continue to perform and sustain in tandem with the earnings. This is due to the structural change and hygiene behaviour pattern following Covid-19. Investors are knows the importance of such company now and appreciates its retained earnings, future earnings visibility and accord it higher value compared to before. None is rushing to take profit the way it is happening in Bursa. In fact, the performance of Owen & Minors shows the major flaw in the thesis of a Foreign IB research report.

Agree with you. The better name for this counter is Losermax.

Forget 3.80. With this kind of management and owner, the share price will soon crash to below RM 2.

Can't even contain RSS and IB manipulation. One can only laugh at their incompetencies.

Top Loser. How is Supermax Owners and Management facing their staff, agents, customers and shareholders. At the least, with shame and guilt.

At least TG and Kossan owners stood by their shareholders. They have our respect.
Unlike Supermax owners.

Used to support Supermax until the owner decided to buy a luxury condo in the US during times where we could do with his support to defend the share price.

So disappointed now that I agree with the naysayers. The management and owner of Supermax has deserted the shareholders. They have failed in their obligation with shareholders.

Now supermax should be given an award for the worst performing company in Bursa. Drop more than 60%. Pointless having Billion ringgit PAT and only declare 3.8 cent dividend. Pathetic and disgraceful.

TG USA down because Biden is going to offer Supermax the glove demand for USA.

All our recent progress with Covid-19 could be wiped out by variants, CDC director says. 'Please stay strong'

https://edition.cnn.com/2021/03/01/health/us-coronavirus-monday/index.html

We all need to play our role in using PPEs. Continue with testing to isolate the variants. Booster vaccines to continuously combat vaccines.

New cases rising means virus is mutating. Booster vaccines are required. Demand for gloves continue to increase. This will be a yearly affair. LOL.

Israel new cases at 4,151.

Also this is TG, not Supermax who will benefit handsomely when Biden's USA budget for gloves is approved.

These are just risk factors. Every prospectus must state what are the risks. Why don't you also show the potential and likely results in profits and sales.

Supermax has good fundamentals but obviously not strong enough to withstand the selling pressures. Price is crashing and yet the owners are not protecting its share value. Very disappointing and embarrassing. Naysayers have been proven right. Dont deserve to be in KLCI Index.

New Cases in the US rising fast. Now again above 75,000+. New deaths rising past 10,000+.

Stay safe everyone.

@ gemfinder - few countries chose not to use glove for vaccination because of huge shotage of gloves. LOL.

Believe in your PN Government. Together with Vaccine we shall grow.

Supermax, today we send a statement to all IB manipulators and naysayers. Enough is enough. The PUMA has awoken.

Clearly IBs are manipulating with fake Q to sell.

Go Go Supermax. Stand your grounds against IB manipulators and naysayers.

US has passed + 70,000+ and rising. Brazil +63,000 and rising. All raes where Supermax is supplying medical gloves.

World new cases continue to increase. Now +428,258. US, India, Brazil, France, Spain, Italy and many more have seen sharp increase these few days mainly due to Virus Variant.

What is happening to Israel, new cases increasing. From 2000+ average last week to 4000+ average this week.

Its all manipulation. IBs will manipulate. Just do not panic sell. Be confident of the following

1. Strong Fundamentals of the company

2. Huge demand for gloves especially now with Vaccination of the whole World and glove is used for every vaccination per person per dose.

3. Annual booster vaccination to combat virus variants - glove will continue to be in demand

4. Continuation of testing due to virus variants

5. New norm of hygiene awareness. Almost all service sectors are using disposable gloves for every customer.

6. All other sectors, supply chain, etc, etc using disposable gloves.

Its common sense that gloves will continue to be in demand for many years. Donts give in to sentiments. Common sense will prevail.

Learn from our PN Government. Vaccination with PPE and making a statement that we must all play our part in containing this virus. Protect ourselves and others. Do not let our guard down and do not be complacent.

https://www.theedgemarkets.com/article/rubberex-posts-highest-quarterl...

Rubberex Corp Bhd posted a fourth quarter ended Dec 31, 2020 net profit of RM59.44 million — 15 times the RM3.88 million it made in the corresponding quarter a year ago — and its highest quarterly net profit on record.

“The improved performance in the current quarter was mainly driven by the increased production output that had come on-stream, consistently strong demand and higher average selling prices of nitrile disposable gloves in the fourth quarter compared with the first nine months of the year.

"Moving forward, the group is expected to be on even stronger position in year 2021 as the order books for 2.5 billion pieces of nitrile disposable gloves have already been fully taken up. This division is also expected to contribute more significantly in terms of revenue and earnings to the group for financial year 2021,” it noted on its prospects.
In a separate statement, managing director Khoo Chin Long said disposable gloves will remain at the forefront of protection, safety and hygiene, notwithstanding vaccine roll-outs globally.
“We are well positioned to capitalize on the persistently robust market demand as our order books for 2.5 billion pieces have been filled up for the year. As such, we expect this division to contribute even more significantly in the coming quarters,” Khoo added.