pineapple123 tomorrow limit up to 3.80 ok bo
29/07/2020 4:29 PM

｡◕‿◕｡

PureBULL ... MGMT of TOPGLOV must quickly do these:
i. settle the import ban to USA even by fake it to make it asap
ii. set the ex date for 2:1 BI asap

JUST DO IT, tan.sri lim

Don't worry...we trust Uncle Lim...next week must be okay...few disruptions of sentiments only...◉‿◉

pineapple123 Hari ini tutup 3.50 baru cakap
29/07/2020 3:04 PM

Come on... Careplus...you must be selling at...75x PE by now...(・o・)

Lanesra geary,, if you see the video of George floyd.,.you know those white people are even more racist than us
29/07/2020 3:04 PM

katappa ang mo greatest hypocrite...ask them take back all their rubbished exported to the 3rd world...

lampa trying to champion green & human right
29/07/2020 3:05 PM

Yup...I saw the video...so disgusting n double standard...treat the blacks like animals...the treat their dogs better...Shit.

Send those toxic chemicals n wastes over to third world nation...n complaining of pollutions because we grow too many palm oils...destroying virgin forest...biased ideology.

Ha...Those not interested n believe those angmoh just sell...I Q at @24.00...till now cannot get. They want to buy Ansel gloves...anyway I bought Careplus also...Those angmoh always want to teach China n Asian how to behave...but they treat those Negroes n even Asiian living there n even Latinos like shit...so much racists n biased...they must look into the own faces first...Tired of listening to their beliefs n cultures...Not up to universal standard...ಠ︵ಠ

ttluck lesson learnt from Kossan...sold too early....miss my $$$$...now die die also hold tight tight....till RM8
29/07/2020 11:35 AM

Same like me...sold Rubberex...hold on to this... Patience...◉‿◉

Glovemakers raise ASP guidance as virus lingers
CORPORATE NEWS
Tuesday, 28 Jul 2020

In its research note yesterday, UOBKH pointed out that the likes of Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd (Big-3) have revised upwards their ASP guidance for the months of August and September. It noted that Top Glove, in particular, had raised its spot sales mix to 20%-30% from 10%-15% previously.

PETALING JAYA: Amid the unabated concerns over the Covid-19 outbreak, major glovemakers have revised upwards their average selling price (ASP) guidance for the next two months.

However, industry spot sales ASPs remain unchanged at two to three times contract ASPs, UOB Kay Hian Research (UOBKH) noted.

“With the higher revisions and spot sales mix, we expect 2020 industry blended ASP to increase by 69% year-on-year (y-o-y) (versus 23% y-o-y previously), ” the brokerage said.

“Order visibility as reflected by delivery lead time is further extended to 540 days (from 300 days in June). Contracted capacity for the second half of 2021 is almost secured. This suggests new orders being placed may only be received in 2022, ” it added.

In its research note yesterday, UOBKH pointed out that the likes of Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd (Big-3) have revised upwards their ASP guidance for the months of August and September. It noted that Top Glove, in particular, had raised its spot sales mix to 20%-30% from 10%-15% previously.

Kossan, on the other hand, had accelerated its capacity addition for 2021 to 35.4 billion pieces per annum, up 10.4% y-o-y.

“Apart from that, Kossan and Supermax Corp Bhd appear to be on track to be included in the FBM KLCI as a component stock during the November 2020 review. The MSCI review in August is likely to see higher weightage for glove manufacturers as well, ” UOBKH said.Meanwhile, the brokerage noted that while the discovery of a preventive vaccine against Covid-19 could dent investor sentiment towards glovemakers, such a development would unlikely have an immediate impact on glove demand and subsequently the ASPs.

It added that a kneejerk selling in glove stocks could represent an opportune entry for for investors.

UOBKH has maintained an overweight stance on the glove sector, with Top Glove as its top sector pick.

“We like it for its increasing allocation to spot sales mix coupled with above-industry expansion growth. We also like Kossan as the company, a laggard, is playing catch-up with its peers in its ASP pricing, and has unveiled plans to accelerate capacity expansion, and is on track to being included in the FBM KLCI as a constituent stock, ” it explained.

It has maintained a hold call for Hartalega, with a target price of RM19.50. Its target price for Top Glove stood at RM36.90 and for Kossan it was RM19.40.“Our normalised valuations based on 2022 suggest there is support to existing valuations. Hence, the reward-to-risk trade-off still appears attractive to us at this juncture, ” UOBKH said.

Factoring in the recent ASP guidance, higher spot sales mix and accelerated capacity addition, UOBKH said it expects peak earnings to grow 850% against 2019. In addition, it noted its earnings estimated for the sector are 80% above consensus estimates, leaving ample positive surprises over the few quarters ahead.

Elevated Demand for Glove.

Globally, it was reported today that nations in Asia imposed new restrictions while an abrupt British quarantine on travellers from Spain threw Europe's summer reopening into disarray, as the world confronted the prospect of a second wave of Covid-19 infections.

It was reported that in the US, which is still dealing with its first wave as infection rates have climbed since June, President Donald Trump's national security adviser Robert O'Brien became the most senior official to test positive. The White House said Trump had not interacted with him in days and was not at risk.

"Surges were reported in several countries that previously appeared to have the virus under control. Australia recorded a record daily rise. Vietnam was forcing tens of thousands of tourists to evacuate the central city of Danang. Mainland China, where the virus first emerged late last year, confirmed the most locally transmitted cases since early March.

"Hong Kong banned gatherings of more than two people, closed restaurant dining and made face masks mandatory in public. A surge of new infections in Spain, another early epicentre of the pandemic, prompted Britain on Saturday to order all travellers from there to quarantine for two weeks, undoing months of preparation for Europe's reopening to tourism," Reuters reported.

Bloomberg, quoting UBS Group analysts Nicole Goh and Joseph Koh as writing in a note, reported on Monday (July 27) that Southeast Asian glove makers have the ability to raise average selling prices by 15% to 70% in the third quarter of 2020 due to elevated demand.

"Hospitals also expect prices (for gloves) to be 25% higher year-on-year in the upcoming month.

"UBS maintains neutral rating on Top Glove. Sees strong near-term earnings momentum, though tight raw-material supply and new capacity could impact long-term margins," Bloomberg reported.

KUALA LUMPUR (July 28): Ahead of the mandatory requirement for Malaysians to wear face masks effective Aug 1, manufacturers and industry leaders remain confident that they would be able to meet an anticipated soaring demand.

Federation of Malaysian Manufacturers president Tan Sri Soh Thian Lai said the industry has adequate capacity, while some companies have built up stocks.

"There are companies that have expressed interest to venture into face mask manufacturing. So, there should be no issue of insufficient supply,” he told Bernama.

The Domestic Trade and Consumer Affairs Ministry last week told the Dewan Rakyat that there was sufficient supply of face masks, based on its monitoring and surveillance on production and distribution and supported by import.

Top Glove Corporation Bhd, for example, has three machines which are already fully operational with a total capacity of 8.8 million pieces of face mask per month.

Its executive chairman Tan Sri Lim Wee Chai said the world’s largest glove maker started producing face masks in June and manufacturing mainly for internal consumption.

"To ensure our internal supply of raw materials is sufficient, we source from several suppliers. We also have enough land and space for capacity expansion," he said.

Nevertheless, he said there could be a shortage arising from urgent buying at the initial stage of the directive for the public to wear face masks in crowded public places and public transport.

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said the ruling was made following the increase in positive Covid-19 cases and lower compliance to standard operating procedures among the public.

"If this happens, it will be temporary and for the immediate term only.

"With e-commerce, face masks are widely available online and countries such as China will have sufficient supply to cater to any surge in demand," Lim said, adding that the government was also limiting the export of face masks.

On product accreditation from the Medical Device Authority Malaysia, in accordance with the Medical Device Act, he said it takes time particularly for new manufacturers to register with the body as this requires ISO 13485 certification.

"It is important to bear in mind that in addition to wearing a face mask, there is a need to also ensure the masks are worn correctly and disposed of safely, and to continue practising social distancing as well as washing hands frequently and properly," he said.

Last month, experts from the Association of Malaysian Medical Industries and Malaysian Pharmaceutical Society suggested that face masks available in the market should be properly graded and meet the necessary standards to provide protection from Covid-19.

In terms of offering protection from Covid-19, Lim explained that face mask performance is mainly determined by Bacterial Filtration Efficiency (BFE) and Sub-micron Particulate Filtration Efficiency (PFE); the higher the BFE and PFE, the better its performance.

"BFE and PFE for Top Glove’s face masks (Top Mask) is above 95%,” he said.

He cautioned that some face masks may have a high degree of BFE and PFE but do not meet the medical grade standard as they are unable to comply with other parameters such as differential pressure, flammability or splash resistance test.

"We recommend that Malaysia considers developing a standard set of requirements for face masks to ensure consistently good product quality and performance, and setting up more accredited face mask testing facilities," he said.

yttihs @geary yup. i suggest walking. If you like morning walk, Taman Tun nice place.
28/07/2020 3:42 PM

I injured... Careplus n TopGlove also slight injuries...(. ❛ ᴗ ❛.)

yttihs @geary ah jogging is another thing. If you have duck feet, jogging will cause knee problem.
28/07/2020 3:34 PM

Thanks...u are wise...I try few times...quite okay...even go up small mountain...should be okay...but not too strenuous...I will rest n walk...◉‿◉

yttihs @geary depending on the source of the problem. If age is the cause, I suggest find another game. Because badminton at old age, will make the knee worse. In the end, have to go operation. Same goes for basketball.
28/07/2020 3:30 PM

Yup...getting older...now I start to go slow jogging in the evening...no more strenuous exercise...◉‿◉

yttihs @geary if you got knee problem at badminton means you should be around 30 years old liao. OR you are just big size and very clumsy hahaha.

Ya...getting fatter n clumsy...◉‿◉

yttihs @geary see...haha. I know one. I old sage. Got alot of wisdom. Hahaha.
Joking only.
28/07/2020 3:19 PM

Just Hold... TopGlove...now resting like me ..◉‿◉

yttihs @geary it's either basketball or badminton loh.
28/07/2020 3:17 PM

Badminton...◉‿◉

yttihs @geary now only show up meh
28/07/2020 3:08 PM

See doctor...injured my left knee...sprains...walk slowly like TopGlove...◉‿◉

Uncle KYY
"Top Glove being the biggest glove maker in the world can easily take advantage of this captive market situation.

Only smart investors and well-informed Investment Bankers would buy Top Glove because they know Top Glove will soon announce unprecedented profit in the Glove Industry history."

Sold...@4.80...Focus on Careplus n TopGlove...:-)

dhnn81 Ansell has hundreds of glove patents!

Check this out: https://www.ansell.com/ja/en/why-ansell/patents

Even world largest glovemaker has much less patents!

Patents will last for 20 years and prevent anyone in the world to produce the same design and material.

Careplus could be producing some of those glove patents.
27/07/2020 11:27 AM

Alvaro Most important is the EN standard .
( EN 420 )
The partnership with Ansell smooths this out.

So any hatchling glove company can’t start selling in the European Union .
So , don’t have to worry about mushrooming competition .
By the time they are done with paperwork , Covid will already have cucu cicit ready .
27/07/2020 11:29 AM

Thanks Guys...｡◕‿◕｡

wangwang buy before KYY buying more
27/07/2020 11:11 AM

(✷‿✷)

dhnn81 Careplus management deserves big round of applause.

They had embarked into capacity expansion much earlier, they had partnered with Ansell, they had lowered their production cost and they also had bought hotel/shophouses for workers accommodation in preparation of the expansion in 2021.

Partnership with Ansell will give them more exposure to the global market, Ansell's best practices, Ansell's marketing strategies, production cost optimisation and raw material procurement efficiency!

They think many steps ahead!
27/07/2020 11:16 AM

Yup... hopefully at the end of the day...with much cash flow...they will take care of shareholders...◉‿◉

pang72 Careplus better
27/07/2020 10:41 AM

Probably because of the management...I do have confident with them...same like TopGlove...｡◕‿◕｡

EngineeringProfit For those who rode SUPERMAX from 1.70 to 17.00 .................they can feel it

This is SUPERMAX no.2
27/07/2020 10:35 AM

(◠‿◕)

EatCoconutCanWin sell?
27/07/2020 10:32 AM

ಠ ೧ ಠ

jasmine teo waiting bonus
27/07/2020 10:09 AM

Yup...just keep this assets inside the fridge for at least six months...◉‿◉

EngineeringProfit Its target has been set........................10 billion gloves per year
27/07/2020 9:47 AM

Yup...sold Rubberex...buy Cash here...earnings growth is better here...◉‿◉

goldenluck16 Touched all time high. Huat ah!!!
27/07/2020 9:19 AM

Upswinging... Steadily...is much better...｡◕‿◕｡

EngineeringProfit 3.88.....................coming
27/07/2020 9:29 AM

Yup...Bought...@2.82...Cash...◉‿◉

stockraider Take note if u chase high price gloves stock u r speculating at high price for high gain loh..!! It is risky but high reward loh..!!

If u buy into netx at 1 sen u r speculating too but u r speculating at low price for high reward mah..!!

What's this Netx...1sen...only...No money to buy lah... ?

The evolution of Queen Elizabeth.

Queen Elizabeth wore gloves for an investiture ceremony at Buckingham Palace on Tuesday in what royal watchers are calling a sign of the times amid the threat of COVID-19.

The evolution of Queen Elizabeth II's style
From queen of England to queen of color, this is how Queen Elizabeth II's style has evolved.
Dominic Lipinski/AP
Queen Elizabeth wore gloves for an investiture ceremony at Buckingham Palace on Tuesday in what royal watchers are calling a sign of the times amid the threat of COVID-19.

"This is the first time in my memory, and I’ve been covering the royal family for 30 years, that Her Majesty has worn gloves for an investiture," said ABC News royal contributor Robert Jobson. "It is clear that she is acting on advice and her doctors are taking no chances."

KUALA LUMPUR (July 26): As the domestic travel and tourism industry slowly bounces back, the world’s best low-cost airline AirAsia says it is experiencing green shoots of a promising recovery after being severely hit by the Covid-19 pandemic.

AirAsia.com chief executive officer (CEO) Karen Chan said although the journey might be tough, the airline company would ramp up efforts accordingly to attract more customers whilst realigning its business priorities from travel to businesses related to local consumption.

Since the outbreak of the pandemic, AirAsia has launched businesses such as Ourshop, an e-commerce marketplace; Ourfarm, an e-commerce platform to help connect farmers directly with businesses; as well as Ourfood, a seamless, fuss-free and affordable solution for customers and restaurateurs.

“Given the new reality we are all facing, AirAsia.com’s top priority is to maintain a growth trajectory amidst a slowdown in the economy.

“Domestic travel will be the key driver of sales until borders reopen and quarantine restrictions are relaxed. This, in turn, is a great opportunity for AirAsia.com given that the airline holds 73 per cent of Malaysia's market share,” she told Bernama.

AirAsia has survived for 18 years in a hyper-competitive industry and became the leader of the low-cost carrier segment by providing the best prices, best ASEAN connectivity and best customer experience, she noted.

Chan said after being grounded for almost two and a half months, with the industry entering a consolidation cycle, AirAsia would continue its core value proposition – providing value so that customers could enjoy travel services and lifestyle products at unbeatable prices.

“As AirAsia.com becomes ASEAN’s fastest growing travel and lifestyle platform, we anticipate that our airline revenues will gradually stabilise as non-airline revenues become our key growth driver and business priority.

“At that point, we will no longer be competing as just an airline carrying travellers across ASEAN -- we will be a super ecosystem of products and services, enabling the ASEAN traveller to go, live it!,” she pointed out.

Higher load factor
Chan said AirAsia.com’s customer research has found that close to 45 per cent of travellers want to travel immediately and flight searches on its website have increased by more than 150 per cent.

She said the company’s domestic travel promotions have been very well-received, selling over 250,000 seats in June, and it would continue to ramp up capacity.

“During end-May to early-June, we were only flying a single-digit percentage…last month we started ramping up to 20-25 per cent, and now in July going forward, we are looking at close to 40-50 per cent.

“With restrictions on activities being lifted, we hope to achieve a load factor of between 70 per cent and 80 per cent by the third quarter,” she said.

AirAsia has also introduced numerous initiatives to help the government stimulate and revitalise the domestic travel industry such as the Unlimited Pass Cuti-Cuti Malaysia, offering guests to redeem unlimited flights within the airline domestic network across 16 destinations nationwide.

“The first of its kind in Asia, our launch in Malaysia and Thailand was a success, and a reflection of the strong latent demand within consumers to travel again.

“We sold over 200,000 passes altogether and have received many requests for the product to be introduced in other markets,” Chan said, adding AirAsia.com is looking forward to further launching in other markets such as Indonesia and the Philippines when flight restrictions have eased.

Another AirAsia innovative product is SNAP, a new flight+hotel combo booking platform that offers customers hassle-free, best-price-guaranteed deals with bigger savings.

Forming new partnerships
Chan said the real determinant for the aviation industry lies in the safe and efficient reopening of borders.

If the positive rebound in domestic travel is any indicator, international travel should follow the same trajectory once travel restrictions and quarantine requirements are lifted.

Given the interconnected nature of the ASEAN economy and that tourism collectively represents 15 per cent of the gross domestic product of the five largest ASEAN countries, AirAsia is looking forward to the reopening of borders, she said.

She also revealed that AirAsia is in the final stages of discussions with key international carriers to connect their European and Middle East Airlines (MEA) networks directly with AirAsia’s deep ASEAN network.

“ASEAN is our home and our turf, and international travel will help unlock the full synergies of our ecosystem.

“These strategic partnerships will complement our existing partnership with Kiwi.com, which provides a virtual interlining and connectivity optimisation engine to offer a one-stop-shop, best-price-guaranteed service for our customers,” she said.

yttihs
@OTB sifu has spoken!
26/07/2020 12:34 PM

Yup...he don't beat around the bushes...straight into the critical points...◉‿◉

yttihs @geary yesterday me and noobie go Beatch Club. Order some RM600 drink. 'Chui Sui' all night until 2.00am. Too excited. But too early to celebrate. Haha. (joking only). We 'chui sui' at TG club until 2.00am got lar.

Yup... that's what life all about...work hard...play hard...n be happy always...so your spirit already in heaven...while you are living on planet earth...(✷‿✷)

TopGlove...Strong Buy n Hold...I think they will buy over other company making masks n PPE...sooner or later...with their cash flow...because all are health related products...◉‿◉

Cash flow from operations...Up...300%...almost same like 3rd quarter profit growth of...@>300%..

The next two quarters...I can't imagine how high... exponential growth in profit n cash flow...so they have the cash to buy any company that are related to health... that's worth buying over...◉‿◉

PureBULL ... topglov has TOPMASK, the DISPOSABLE 3 PLY FACE MASK

TopGlove...Strong Buy n Hold...I think they will buy over other company making masks n PPE...sooner or later...with their cash flow...because all are health related products...◉‿◉

OTB.
Q1 2021 is even better than Q4 2020, PAT is > 1 billion.
After the bonus issue and Q1 2021 result is out, Topglov will be No 1 biggest company in KLSE overtake Maybank and PBBank.
Every quarter result in 2021 will be > 1 billion.
Thank you.
26/07/2020 10:22 AM

That's a big possiblity...because from what I know...everyday there were so much gloves, n other medical related cargoes, flying out from Changi airport...the main transhipment Hub in SEA. In one freighter...120 tons of cargoes...around 60%...are medical related cargoes... gloves, PPE, masks, n others. Even with less pax n no pax aircraft almost 65%. Gloves itself from 10 palletised n 10 unitised cargoes...50% are gloves. Even pax seats n baggages cabins are loaded with masks cargoes n tightened down. Cargoes itself down only 5%, because of lack of capacity. Pax are down 90%. All gloves counters in Malaysia, Thailand, China, n even Vietnam...all will have exponential profit growth this half year n probably next half year of 2021...｡◕‿◕｡

Ven Ajahn Siripanyo.

The billionaire heir who became a monk – why the son of Malaysia’s third-richest man, Ananda Krishnan, renounced luxury and fortune for spiritual peace.

Would you give up billions for spiritual servitude? Thai-Malaysian monk Ven Ajahn Siripanyo, the only son of Malaysian billionaire Ananda Krishnan, did just that.

Spiritual Peace n Universal Wisdom.

yttihs.
That’s why I call that forum gangster forum. Only OTB there is more like a man.
26/07/2020 2:14 AM

Wa...u n Noobie33...talk until after 2am...◉‿◉...I personally don't trust Supermax management...Datuk Seri are just running dogs...Tan Sri are ordering them...◉‿◉... sometimes people say...have u seen a big snake defecates... That's why Supermax people are like this...Money is very dirty...but within that...we got to change our habits n attitudes to be a better person...when u are quite stable. Life isn't all about money...find happiness n peace... that's what some people here are doing...so we cannot force others to be like us...｡◕‿◕｡

HANOI: Vietnam was back on high alert for the novel coronavirus on Saturday (Jul 25) after medical officials in the central city of Danang detected what appears to be the first local COVID-19 case in the Southeast Asian country for three months.

Thanks to strict quarantine measures and an aggressive and widespread testing programme, Vietnam has kept its virus total to an impressively low 415 cases, and had reported no locally transmitted infections for 100 days.

Vietnam has reported no deaths from the virus.

READ: Commentary: Vietnam is emerging a lot stronger from this coronavirus outbreak
But on Friday, Vietnam's health ministry said in a statement that a 57-year-old man from Danang, a popular tourist hotspot, had tested positive for the virus, prompting the isolation of 50 people he came in contact with.

The ministry said 103 people connected to the patient were tested for the virus but all returned negative results.

Advertisement

The government said on Saturday a new test had confirmed the man's infection, bringing the total number of cases in Vietnam to 416.

It did not say how the man contracted the virus, but said he had not left Danang for nearly a month. He was initially diagnosed with pneumonia.

The case comes at a time when Vietnam was about to resume international commercial flights and as domestic tourism is surging.

Late on Friday, authorities in Hanoi reinstated a recommendation to wear masks in public places as Vietnam's benchmark VN Index closed down 3.22 per cent.

The country's ban on international commercial flights is still in place, but foreign experts and skilled workers have been able to enter Vietnam throughout the pandemic provided they undergo mandatory centralised quarantine.

READ: Coronavirus-free UK pilot, symbol of Vietnam's pandemic success, to return home
Of the nearly 150 cases reported over the past three months, all were imported and the people quarantined on arrival. Earlier this week, Vietnam said it would repatriate around 130 Vietnamese citizens infected with the virus from Equatorial Guinea.

In March, Danang reported six local cases of the coronavirus as the US aircraft carrier Theodore Roosevelt conducted a port visit to the city.

Coronavirus vaccine may be available in Singapore only at the end of next year: MOH
A research officer checks the quality of cells and virus that are used in the development of a vaccine.
A research officer checks the quality of cells and virus that are used in the development of a vaccine.ST PHOTO: KELVIN CHNG
PUBLISHEDJUL 24, 2020, 7:00 PM SGT
FACEBOOKTWITTER
Rei Kurohi
SINGAPORE - A Covid-19 vaccine may become available in sufficient doses only towards the end of next year, the Health Ministry director of medical services Kenneth Mak said.

He said Singapore is proactively working with vaccine developers, pharmaceutical companies and research institutions on research efforts into a Covid-19 vaccine.

Discussions have also begun to ensure Singapore will have access to vaccines when they become available, he told a virtual press conference on Friday (July 24).

But even though a number of companies have announced that they have started on phase three trials, which are a "relatively later stage" of the process of vaccine development, Associate Professor Mak said there may yet be failures in delivering a vaccine that is safe and effective.

"Practically speaking, we expect, realistically, a vaccine to be available perhaps next year rather than this year," he said.

"Given the global demand for these vaccines, it may not even be in the beginning of next year but perhaps towards the end of next year, when we might see vaccines produced in sufficient doses, and available then for procurement and to be delivered into Singapore."

He added that at this stage, it is still not known which of the vaccine candidates undergoing trials will ultimately be the one that is most likely to be brought into Singapore.

AirAsia Indonesia is offering drive-through rapid COVID-19 testing for passengers leaving from Soekarno-Hatta International Airport in Tangerang, Banten.

The service is provided daily from 4 a.m. to 8 p.m. for Rp 95.000 (US$6.51) at Soewarna Business Park located at the airport.

To use the service, passengers are required to show their booking ID and identity card. After registering and completing payment, a sample will be taken and passengers are to wait 10 to 15 minutes for the result.


The rapid test results and medical certificate will be valid for 14 days.

In a statement, AirAsia Indonesia director Veranita Yosephine said, “The service will be expanded to Indonesian cities that AirAsia currently serves.”

The airline has gradually resumed its operations and is now serving domestic routes from Jakarta to Medan, Surabaya, Bali, Lombok and Yogyakarta.

Earlier this month, AirAsia Indonesia updated its baggage policy and announced that passengers could bring two carry-on bags with certain requirements.

The total maximum weight for both bags should be 7 kilograms, otherwise they will be placed with checked baggage.

AirAsia Indonesia provides a free baggage allowance of up to 15 kg for domestic flights. (wng)

The Supply Chain to Save the World Is Unprepared for a Vaccine.
By Brendan Murray and Riley Griffin

July 25, 2020, 2:00 AM EDT
Freight companies say they need a coordinated strategy fast
Air cargo capacity has shrunk and shipping costs are elevated

Covid-19 Pandemic Lessons Learned for U.S. and China
Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.

The industries that shepherd goods around the world on ships, planes and trucks acknowledge they aren’t ready to handle the challenges of shipping an eventual Covid-19 vaccine from drugmakers to billions of people.


Already stretched thin by the pandemic, freight companies face problems ranging from shrinking capacity on container ships and cargo aircraft to a lack of visibility on when a vaccine will arrive. Shippers have struggled for years to reduce cumbersome paperwork and upgrade old technology that, unless addressed soon, will slow the relay race to transport fragile vials of medicine in unprecedented quantities.

Making a vaccine quickly is hard enough but distributing one worldwide offers a host of other variables, and conflicting forces may work against the effort: The infrastructure powering the global economy is scaling down for a protracted downturn just as pharmaceutical companies need to scale up for the biggest and most consequential product launch in modern history.

“We’re not prepared,” Neel Jones Shah, global head of air carrier relationships at San Francisco-based freight forwarder Flexport, said during a webinar this week with other logistics executives.


“Let’s all be honest here, vaccine supply chains are exponentially more complex than PPE supply chain,” he said, referring to personal protective equipment like surgical masks and gloves. “You can’t ruin PPE by leaving it on the tarmac for a couple of days. You will destroy vaccines.”

8,000 Cargo Planes
Julian Sutch, head of Emirates SkyCargo’s pharmaceutical division, estimated recently that a single Boeing Co. 777 freighter can carry 1 million individual doses of a vaccine. That means airlifting double-dose regimens to protect half the world’s population would require the space in about 8,000 cargo planes.

It’s doable, but not without a coordinated global strategy. For now, what’s helping to free up air freight capacity is retrofitting idled passenger planes so they can carry products ranging from medical gear to mangoes. Emirates is using 70 passenger 777s to move cargo, according to Sutch.

The cost of air freight from Hong Kong to North America has declined

Another capacity issue involves refrigeration. Health officials have said a vaccine that eventually comes to market will likely need to be maintained at 2 to 8 degrees Celsius (35.6 to 46.4 degrees Fahrenheit) throughout the shipping process. Some newer technologies could require more advanced freezers that can keep them at a frigid minus 80 degrees Celsius. Any deviation can ruin the shots.

Among the big questions involving fairness and accessibility: Exactly how will medicine requiring such delicate and expensive transportation reach remote, impoverished areas where drones are now used to distribute pharmaceuticals?

Such details aren’t sorted out yet and shippers are aware of the need to get organized. But they’re waiting on signals from the drugmakers.


Shah said Flexport is in early discussions with a number of pharmaceutical companies involved in vaccine manufacturing that are still unsure about what they’re going to need. “To a T, they’re all extremely nervous about being able to bring these to market as quickly as people might expect,” he said.

There are more than 160 coronavirus vaccines in development, according to the World Health Organization, though only 25 are currently in human studies. The candidates furthest along are now launching late-stage trials, and have ambitions of securing an emergency use authorization from regulators before year end. That could allow for a limited availability of shots for health-care workers and other vulnerable groups.

Targeting 2021
Ultimately, countries will need far broader access to Covid-19 shots to halt the virus that has devastated economies and so far taken more than 633,000 lives globally. But by all accounts that’s not likely to occur until well into 2021 at the earliest.


In the meantime, manufacturing deals are being clinched, and facilities are getting retrofitted to produce the still-experimental shots at the risk they fail in the clinic. Though the science underscoring the inoculations is still unproven, and mass production remains a daunting task, top pharmaceutical executives speculate that distribution will pose the greatest challenge of all.

Probably Covid19 will infect us untill summer 2021.

All gloves from Malaysia n Mercator Gloves Thailand. Did I know how many palletised units of gloves...flying out from Changi these few months...so much transit of gloves n medical products like mask, PPE, etc...flown out from Changi Airport...the No. 1 transhipment Hub in SEA...Those who works in logistics will know very well...◉‿◉

Music is still...On.

kd88
Analyse yourself when the music of glove gonna to be end.
25/07/2020 2:20 PM

yttihs Let’s say your mother do 4D blackmarket business. Every rice you eat is crime. You gonna turn your mother to police. She feeds you everyday.

Aiyoo... it's unfilial to report any crime of your own parents...zero right...let the authority solve that. Even your own bros n sis...better don't. What need to do...need not do...we must understand. That's why like...LKY siblings feud... that's very bad. How your parents feel... don't make your own parents unhappy n worry...No blessings from heavens n earth...◉‿◉

Lanesra Well, somehow @geary you are right, at the end of the day. any decision is still in your hands
25/07/2020 12:02 PM

We create our own suffering n happiness...so it's up to a person heart or mind to decide...we cannot force them...◉‿◉

PhilipLayman Why Kyy did what he did...he want to maximise profits...when supermax was going at speed of 200 km an hour n top glove at 100 km an hour kyy was on supermax...when supermax slowed to 150 km and topglove increased to 150 km an hour..kyy jump train...in his belief that top glove will soon speed to 200 km while supermax is behind.I am in recipient of his scholarship money...but the blood n tears of those he victimised should be a reminder dont ever go near him..even new students in need of a scholarship..i have to atone for the "dirty" money in my ways i know how
25/07/2020 11:26 AM

Don't anyhow judge a person...we don't have any human right to condemn or dirty a person image or status. Please don't do it again...we must look deep into our own shortcomings...correct our own wrongs characters n habits...learn from mistakes...just keep in looking inwards... don't look so much outwards n look at others people mistakes n faults. Then your life will be much better n beneficial for your health n your future blessings...｡◕‿◕｡

EngineeringProfit 3.88....coming

CHEERS
25/07/2020 9:31 AM

Yup...will be as good as Supermax n TopGlove...the best ace market gloves counter...probably lot of funds haven't notice it...only retailers hentam...no restrictions like big funds...waiting for an elephant to give the green light...◉‿◉

Uncle KYY,

"I foresee Top Glove will create history in the Malaysian stock market by announcing the biggest jump in quarterly profit for a listed company".

By September...New historical earnings growth created...｡◕‿◕｡

Trump signs orders to lower prescription drug prices | https://www.klsescreener.com/v2/news/view/707045

The Mighty Retailers.

NOBODY would have guessed that the daily trading volume record on Bursa Malaysia would be broken this year. When the Covid-19 crisis hit, most people were focused on the gloom and doom from the fallout of the pandemic.

Bursa Malaysia’s trading volume and trading value hit a record 9.3 billion units and RM9.4bil on May 29.

It is also not a one-day affair.

There were many 44 days when volumes were 50% to 100% higher than the average of Bursa Malaysia’s trading volume and values of 2.7 billion units and RM2.4bil respectively in the last two years.

To be fair, it is not just a Malaysian phenomenon, a few other markets, for example those in the United States and Hong Kong also experienced similar surges in trading volumes.

The “star” contributors to the surge in trading volume are not the usual big local institutions.

It is also not contributed by strong inflows from global foreign institutional funds.

There is no foreign “hot money” this time. In fact, foreign institutions have been selling Malaysian stocks since two years ago and remained very much absent this time around.

Retail investors were big contributors to the high trading volumes this year. Retail participation reached a high of 40% last month. Many people would not have believed it, especially if one were to study the slow decline in retail participation on Bursa Malaysia over the last 10 years.

In 2009, retail participation was over 30% and it has gradually dropped to a low of 20% in 2016.

There were many prognosis from the “experts” who tried to explain this including “Malaysian retail investors have limited funds to invest in the stock market, retail investors don’t understand the stock market, they only buy speculative and penny stocks and Malaysian retail investors buy unit trusts instead of stocks so you should count unit trusts as part of retail participation.”

So, what is the combined “fire power” of retail investors in Malaysia? How much money do they have?

Excluding disposal income used for household expenditure, if you add the total amount of money that individuals have in their savings accounts in the banks, the amount of money invested in unit trusts and the ownership of stocks by individuals is close to RM1.6 trillion.

This compares with about RM870bil in the Employees Provident Fund (EPF) and close to RM200bil in the Retirement Fund Inc (KWAP).

Everyone knows that the EPF and KWAP, classified by Bursa Malaysia as local institutions, are major players on the stock exchange.

The other players who make up this category are the local fund management companies.

Local institutions have traditionally accounted for about 50% to 60% of all trading volume on Bursa Malaysia.

One factor often overlooked by most is that these local institutions do not put all their funds into stocks.

In fact, the majority of the funds are invested in money market instruments (like deposits) and fixed income (government and corporate bonds).

This is especially true for the government-linked investment companies as they have strict asset allocation policies that govern how they invest.

Funds are allocated into various assets classes, each with a different risk profile. Equities are generally considered high-risk assets therefore the allocation is often less compared with the other asset classes.

Unlike institutional funds, retail investors have no such restriction, they buy what they want and is only limited by how much money they have.

Another factor is leveraging.

Retail investors can borrow money to buy stocks. Most, if not all local institutions cannot borrow money for investments.

Another commonly accepted perception about retail investors is they only buy speculative and penny stocks.

This perception has also been debunked by the recent behaviour of the retail investors – there is a pandemic coming, so buy gloves stocks.

In addition, it is a well-known fact that Malaysian glove companies are global leaders in the manufacturing of gloves. There is no need for a 20-page research report to come to this simple decision to buy glove stocks. Glove stocks are definitely not penny stocks. Before the pandemic, the share price of Top Glove, Hartalega, Kossan and Supermax as at the end of January were RM5.85, RM5.92, RM4.90 and RM1.78 respectively.

Retail investors are still buying Top Glove Corp Bhdshares at above RM20 as seen in the latest rebound of the stock after some negative news.

The growth in retail participation is also helped by the transformation of digitalisation of the broking industry. Platforms like Rakuten Trade, which allow quick online account opening have certainly increased retail participation. This was certainly true during the movement control order when face-to-face account opening was not possible. The industry will see the benefits of going digital after this.

Bursa...Top 3 in Asia...???