Well said Integrity! In the post COVID world hygiene awareness & SOP across healthcare facilities world wide will be more stringent & gloves will be in demand for the foreseeable future. 3 yrs is the very least until COVID is completely over or when extra supply catch up

Here’s some info from the UK government website:

1. The vaccine is not safe for pregnant women or women planning on becoming pregnant within a few months of taking the vaccine
2) The vaccine is not safe for those that are immuno suppressed
3) No testing has been done to determine any long-term side effects
4) No testing has been done to determine side effects if taken with long term medications
5) It is unknown if the vaccine will cause infertility
6) Taking the vaccine will not stop you spreading the virus but will only reduce your symptoms (for years the doctors told us to rest, take paracetamol and drink plenty of fluids to achieve the same result)
7) You can't breastfeed if you have had the vaccine
8)The vaccine has not been tested on children and may not be suitable for young persons under the age of 16
9) The vaccine is only 95% effective....meaning 5% of people that had the vaccine still had severe covid19 symptoms....the demograph and outcome of those 5% of people are being withheld...
10) Average age of death of persons in UK over past 10 years - 81years old....Average age of death of persons dying with/from Covid19 in 2020 - 82 years old
11) If the mortality rate of 0.3% is unacceptable for covid19 virus....why is 5% now an acceptable rate for vaccine failure?
12) If the vaccine is safe....why do the government and manufacturers accept no responsibility for death or injury resulting from the vaccine?
now before you say this cant be true all this is on gov website here
https://www.gov.uk/government/publications/regulatory-approval-of-pfizer-biontech-vaccine-for-covid-19?fbclid=IwAR2L52Cv7dyCPr9ZNAxw3aH933qaWXBW9Sc0_BGsU7w5TxOqQER0owFxbkI

Now that most bad news is out for TG let’s consider the potential good news.
1. Earning super cycle longer than expected either due to vaccine effectiveness or distribution or accessibility issue
2. Hong Kong listing with potentially 100x more liquidity than KLSE
3. Post pandemic medical SOP sustaining prolonged increase demand for gloves
4. Restocking of critical PPE supplies that is depleted during the pandemic potentially prolonging the super demand by up to 2 years
5. Potential double dip recession with poor performance of recovery stocks with gloves providing a safe haven
6. Lifting of US CBP ban

COVID is a wake up call to the world on the importance of gloves & PPE, even though relatively low tech compare to vaccines & pharmaceuticals, not having the production capacity is a major weakness for any country. It will be viewed as a strategic & essential industry even after COVID is over, maybe international funds or some big sovereign wealth funds will be willing to pay a much higher PE just to own gloves share for future profit or to secure emergency supply for future pandemics?!

Interestingly Superman not in EPF list

They know it is seriously undervalued

Of the 7 gloves counter in KLSE , EPF now invested in 4. Comfort is the only second tier glove company in their portfolio

https://www.thestar.com.my/business/business-news/2020/10/10/can-the-glove-stocks-hold-steady

COVID 19 best case scenario vaccine ready for mass production by year end pandemic under control by mid 2021. Realistically vaccine will only be ready for mass immunization by end of 2021. What if the virus mutates faster than expected & vaccine under development proves ineffective?
Worst case scenario, infection becomes endemic like H1N1. Please think about that!

https://www.cnbc.com/2020/09/04/key-coronavirus-forecast-predicts-over-410000-total-us-deaths-by-jan-1.html

https://www.cnbc.com/2020/09/04/key-coronavirus-forecast-predicts-over-410000-total-us-deaths-by-jan-1.html

Lau sold means got buyer, the buyer’s background & plan is the key. Most likely Ong of Hextar/Rubberex group. There is some Hidden values & plans that we are not privy of. If the buyer is Lim of TG or EPF even better

To set up the bottling plant under pharmaceutical standards & cold chain transport & storage for the vaccine will cost them easily > 50mil

If they are supplying to KKM their price will be bulk pricing. If no hanky panky the profit per dose will be even lower

Pharma & duopharm will only be bottling the vaccine under license for Malaysia. Max volume is 30mil doses split between the 2, each only get 15mil. assuming each dose profit is RM20 max revenue RM300mil b4 deducting other costs. So how fantastic can their result be ???

Comfort & Rubberex share price always abang adik, definitely something brewing

Comfort + Rubberex almost 10b capacity definitely the new big 5 if merge, no merge goreng also good story

The bosses waited for KYY to exit b4 goreng, why let uncle make money hehehe

Breaking news ! Dato ong choo meng is the major shareholder of Rubberex. Bought 5 million shares of comfort. Comfort + Rubberex alliance goreng until sky!!! Up up up

Breaking news ! Dato ong choo meng is the major shareholder of Rubberex. Bought 5 million shares of comfort. Comfort + Rubberex alliance goreng until sky!!! Up up up

Breaking news ! Dato ong choo meng is the major shareholder of Rubberex. Bought 5 million shares of comfort. Comfort + Rubberex alliance goreng until sky!!! Up up up

Breaking news ! Dato ong choo meng is the major shareholder of Rubberex. Bought 5 million shares of comfort. Comfort + Rubberex alliance goreng until sky!!! Up up up

Dato Lau + Dato Ong sparks will sure fly!!
Comfort up up up !!!!!!!

Comfort + Rubberex almost 10b capacity
Merger? Alliance? The next big Cap potential big 5

Breaking news ! Dato ong choo meng is the major shareholder of Rubberex. Bought 5 million shares of comfort. Comfort + Rubberex alliance goreng until sky!!! Up up up

If revenue increase 20% every quarter until end of financial year
PE15 -7.05
PR20 - 9.4

17.5 x 2=35
3.9 x 2=7.8
Think for yourself which one easier to achieve & more likely to happen

Big4 price is already sky high & comfort quarterly result will be known soon. Is this the right time?

There is potential for speculative play that may surprise to the upside when the sharks start their move

https://edition.cnn.com/2020/07/13/politics/delayed-use-defense-production-act-ppe-shortages/index.html

It is still a fundamentally strong company with visible Super earning growth. Don’t throw away your tickets to the sharks!!

Flight to safety when there’s uncertainty, for KLSE that’s glove

ASP for comfort is the million dollar question. Not many IB covering, still a big mystery. Small company if not tied down by long term supply contract, comfort may allocate a higher capacity for spot contract or Alternatively because of small size & relatively unknown brand it has less power to bargain for better price.... we will know by next qr