Errata - not a fly by night operator. Well known in Singapore and Chins

Zhang Yong is a well established businessmen billionaire { China business daily} ot a fly by night operator. Just goggle his profile

Ant group {Jack Ma} dual listing in China and Hong Kong. Biggest IPO listing in HK. Road show and book making by Jack Ma {Ali Baba & Weechat} going to establish regional base in key Asian markets. This will hit ten cent hard. Wee chat is very strong in China market. Ten cent may realign its business model. Any material effect or changes to GP JV?

IBs TP downgrades? They missed the 1st & 2nd wave citing overstretch valuations and pricing. Then IB 's started the herd mentality chasing gloves counter to daily record high. IB s only keen on their bottom line not yours

Gloves counter attract FDI. Malaysia few shinning star sector? { amid covid pandemic} new norm in today business.

Close almost at the day low. No oomph

Fake news

So far 2.00 is the resistance mark. Unless it's break the next support will retrace to 1.80 { 10% macd}

Sideway trading { lack lustre trading}

Vaccines are all classified halal { blood donation} but fill & process production in Malaysia is meant for export to Muslim Arab nations. China has no qualm using Malaysia as a distribution hub. Look at Geely using Proton production hub

Chemical specialised trucks highly niche market. Blue ocean strategy { unlike the normal fragmented trucking logistics} this specialised delivery all contracted for long term

Tan Sri Leong { founder of Mah Sing} personally taking charge of the Glove project. Properties division oversee by her daughter. Construction undersee by his right hand man Datuk Ho

China vaccine strongly tipped to be Malaysia choice. Indonesia already pre book with China state owned lab

Not too optimistic. GP moving here, moving there. Better start glove production { using 400 - 500 MILLION} to cater for China parties. No profit to showed!

Sell first later subscript PP at a lower price. Win win formula. PP pricing not fixed { different trenches} using mark to market discount and valuations

No money to fund operations. Must increased sin taxes

T+2

Profit taking. T+2

The start up cost is high { 500 million spread over 4-5 years} GP needs financial cloub and deep pockets to fund this venture. China partners collaboration inked agreement { GP to built the sites} whereas the other parties would utilise it. Unlike Mah Sing who have the $$$ and balanced sheet { reserve funds} to fund the glove venture. GP { ccpuan} neither have the cloub or $$$. He relies on private placement or rights to undertake this venture. Balanced sheet result isn't promising { straight losses recorded yearly} PP fundings means share base is increasing { meaning don't expect any dividend forthcoming plus share dilution in the next 3-4 years.} buyers need a really long term view on GP venture. Maybe 4-6 years outlook. just my personal view.

Their glove venture needs time between 12-18 months to nurture { not instant profit} best case scenario without hiccups starting production in early May0/Jun 2021 { 1st phase} financial result would be impacted by the start up cost { estimated between 150 Million} profit projection comes in 2022/2023 FY year. Just my 2 sen

Worldwide infections spiral upwards with 40 million+ cases recorded yesterday. US, Brazil, India, EU {Spain, France, UK} hardest hit. WHO reaching out to China, UK, Russia, UK labs for a vaccine antidote. China has already started mass testing its vaccine

CW sold by various IB's are putting a lid on mother share. Come nearer to expiry dates. Monkey tricks to damper the share price

The ink agreement with Wuhan Easydiagnosis Biomedi one listed on China Shenzen exchange { founded in 2008} HQ located in Wuhan China. One of leading manufacturer specialising in development, production and sales of POCT rapid diagnostics reagent & equipments. One of the pioneer company making bedside, quantitative detection {blood}, cardiovascular examinations and solutions.

Buy on news.

Share trading lower { no holding power}

Minister { KJ} wants the government to procure and lead the charge in AI and big data collection { citing national security. He is the Minister foe Science, technology and innovation. Private investment will be playing second fiddle { same like contact tracing app} mysejahtera is the primary source

Both the Pharma and Dpharm will be the lead players. Others need to seek MOH regulatory approval. Best option { tie up with Pharma or Dpharm} for filling, process, procurement and distribution or logistics. Pharma and Dpharm have the network and logistics for distri ution. This vaccines need to move in special cold press isolation trucks { to ensure no contaminations or unnecessary risks}

Wuhan lab is the pioneer in combating covid outbreak. The frontliners and medics have high exposure & experienced in dealing with the outbreak in early November

Needs regulatory approval, Vaccines bio or synthetic Nat { that's requires cold treat syn lab}

Not a good year for property

KJ specifically mentioned Dpharma & Pharma in the BFM interview. NOV budget tabling have requested an allocation of 2 Billion for Co I'd vaccine. There is more coming

Mah sing single day jump 22 sen just harping on glove manufacturing in 2Qtr 2021.

Mah sing single day jump 22 sen. Remember HWGB drop from Sep high of 1.00 +

Glove production business cash terms { versus property venture} no brainer

This glove venture has been the talk for the past 1 - 2 months. Actual production targeted 2Qtr 2021. TG big boss already mentioned its takes a long time to built up glove business { 2 years from ground zero} to get regulatory approval and lines running. Its need expertise and deep pockets. For beginners maybe a start up cost between 80 - 100 million ringgit

Cmco starting tomorrow 14/10 - 26/10 whole of Klang Valley. Double blow for SME and public confidence

Agung meet DSAI doesn't signify anything substantial. Just listen between the lines { Agung has the discretion} either to dissolve or maintain the status quo till the next Parliament meeting in November { 2-15 } Unless the speaker have a special Parliament sitting {eg motion of no confidence vote}

possibility maybe due to investigation at overseas business corruption investigation new plus unhappiness with the new PNB board. Nobody is saying anything. Just our wild guess from various news report

Sit tight. LTAT keeping closed contacts with institutional holders { KWAP, KWSP, PNB and other fund managers} proposed Bstead plans. They need to secure their support

New political development come 13 Oct { new possibilities happenings}

DSAI without GPS {18} support he cannot get his numbers right. Umno divided factions can turned overnight. Tough for DSAI the yesterday man to get his number 121 or 125 before the Agung audience. { TDM and warisan is not endorsing Anwar} Just my personal view

High volume coming next 2 days {Monday T+2} contra players need to square off. Intra day local co
Brokerage is miniscule { they are not picking up} just bear in mind

Key shareholders Tan Sri Liew & Dato Leong disposing off thier personal shares. This is something we need to ask ourselves? WHY are they selling

The bigger Q is a snap election forthcoming. DSAI is scheduled to meet the Agung { to present his list of 121 or 125} Agung has delayed the meeting due to ill health. PRIOR to Muhyiddin {PM appointment} his majesty has interview all the 222 MP's to ascertain their support. DSAI is no a greenhorn he must have solid grounds to ask for Agung consent

The volume is astonishing. Something is happening???
Bad case scenario : insider cashing out

PM Muhyiddin will target specific area { red zone} under CMCO unlike country wide lockdown. MOH DG Dr Hisham cited based on projection models infection rate may continue to spike up. WHO citing emergency measure to fast track vaccine

Believed the lady was not supportive and the Board wanted to turn things around. Her tenure was not renewed upon expiry

This week expected sideway & rangebound trading. LTAT new CEO taking over.

Monday Up next 2 days punters take profit.

US ban on FGV exports bad for Malaysia export. Other producers will be impacted too