New Covid-19 mutation 'helping outbreaks spread faster around the world'
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Professor Nick Loman of the University of Birmingham, who is part of the Covid-19 Genomics Consortium, said the new strand of the virus, known as D614G, is now the most dominant mutation globally
Professor Nick Loman of the University of Birmingham, who is part of the Covid-19 Genomics Consortium, said the new strand of the virus, known as D614G, is now the most dominant mutation globally.

CREDIT: AFP. Jack Hardy

Noobie33 Wow, Geary, the origin of this news pls ? From which newsportal pls ?

Let the scientists investigate...so many fake news nowadays...!!!

https://www.globaltimes.cn/content/1189967.shtml

https://www.independent.co.uk/news/world/americas/virus-biological-us-army-weapons-fort-detrick-leak-ebola-anthrax-smallpox-ricin-a9042641.html

https://www.politico.com/magazine/story/2019/09/15/cia-fort-detrick-stephen-kinzer-228109

*SHOCKING*⤵️News.

*Japan's professor of Physiology & Medicine, Professor Dr Tasuku Honjo, created a sensation in front of the media today by saying that the corona virus is not natural.
* If it is natural, it wouldn’t have adversely affected entire world like this, as per nature. *
Temperature is different in different countries.
if it is natural, it would’ve adversely affected only those countries having same temperature as China. Instead, It is spreading in a country like Switzerland, in the same way it is spreading in the desert areas.
Whereas if it were natural, it would have spread in cold places, but died in hot places.
I have done 40 years of research on animals and viruses.
It is not natural.
It is manufactured and the virus is completely artificial.
I have come the conclusion that since USA has all the 5 strains mutating at the same time, and there are millions of infections with some around still not tested.
It is obvious, that the the huge number of death lends credibility to the CDC of America 's wrong classification of corona virus death in July to December 2019 to Flu diseases.
Also a reported leak and closure of Fort Detrick , and strange Coronavirus death spreading in Italy and Iran in November, even before the Wuhan outbreak , lend credibility to the early outbreak from America.
I can now said with confidence USA is the source of the original outbreak.

https://en.m.wikipedia.org/wiki/Tasuku_Honjo

Made in USA... Covid-19.
https://www.globaltimes.cn/content/1182694.shtml

BabyAce KYY angry you people heart not steady...haha
22/07/2020 6:54 PM

Steady lah...@100 days TP...@38.00...◉‿◉

yttihs You talk so much about pharma also no use. I no money already. You tell me sell TG, no way man.
22/07/2020 1:02 PM

Hahaha...!!!

pete11 no worries. limit up the other side for something did not exist. their hype cannot last. vaccine is very very remote from reality. massive sell off over there later and move back to glove
22/07/2020 11:42 AM

Government don't allow vaccine to be sold at too high profit margin n it's one year or few years one shot...,,◉‿◉

yttihs Nice geary! Hope you make alot of money, ok?
22/07/2020 11:41 AM

I Gong Gong bought back again...Sold too fast at...@10.50...anyway got profit from other counter like Dpharma n comfort...◉‿◉

yttihs Look at the chart:

11:23am 24.52 1465
11.29am 24.34 338
11.31am 24.40 1528

Ya...bought some at...@24.40...◉‿◉

My Bets: Watch out for another rotation plays in pushing glove makers. BUY ON DIPS for potential another 15%-20% gains.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!
22/07/2020 7:34 AM

Power...◉‿◉

Since Kyy has sold all Comfort gloves can consider switching to a new hidden gem

Did Uncle KYY article said he sold all...maybe sold some on margin or pledge securities...,,◉‿◉

calvintaneng Hi guys

Since Kyy has sold all Comfort gloves can consider switching to a new hidden gem

Hahaha...hidden gem...already known quite some time highest was around...@1.00...pribsbly beliw...@0.60...can consider to swing trade...,,◉‿◉

May Chua Oh no...here comes the false prophet..beware!
22/07/2020 12:28 AM

Good morning...slight limit up today... unknown...long time already up...not 100% gloves company...HLT...plus liquidity...demand n bidding no so constant as other top gloves counters...◉‿◉

KUALA LUMPUR (July 21): The Ministry of Human Resources today confirmed that the headquarters of Top Glove Corp Bhd in Meru, Klang was raided by enforcement officials last Monday.

However, no offences involving elements of forced labour were found, the ministry said in a statement today.

It said the raid was carried out because the glove manufacturer had breached Movement Control Order rules and provided cramped quarters for foreign workers.

"This caused Top Glove to be compounded by the Ministry of Health and was issued a compliance notice by the Ministry of Housing and Local Government," the ministry said.

The raid, it said, was carried out by task forces for the Anti-Trafficking in Persons and Anti-Smuggling of Migrants Act 2007 and the Recovery Movement Control Order.

Top Glove recently confirmed that the US Customs and Border Protection (CBP) had placed a detention order on disposable gloves manufactured by two of the company's subsidiaries, namely Top Glove Sdn Bhd and TG Medical Sdn Bhd.

The group said there was a possibility this might be related to foreign labour issues and that it was reaching out to the CBP through the glove producer's office in the US besides the company's customers and consultants, to understand the issue better and work towards a speedy resolution to the matter within an estimated two weeks.

The ministry said it is aware of how the CBP detention order can affect the credibility and image of Malaysia as well as influence foreign investor confidence following the allegations of forced labour.

Human Resources Minister Datuk M Saravanan have met with Top Glove and other rubber industry players under the Malaysian Rubber Glove Manufacturers Association to seek clarification on the matter.

In a separate statement today, Top Glove said it was recently accorded an "A" rating during a social audit by Amfori, a leading global business association for open and sustainable trade.

The rating was awarded in a social audit conducted from May 23 to 26, as a result of Top Glove receiving 12 "very good" scores and one "good" score for a total of 13 performance areas assessed during the audit.

"The recent Amfori audit and earlier third-party audits, which garnered good ratings, provide independent verification that there is no element of forced labour in our manufacturing facilities," said William Yap, general manager of human resources at Top Glove.

Top Glove said it has continuously upheld good labour practices and complied with requirements of labour laws and best practices, while ensuring adequate measures are in place to protect the safety and well-being of its workforce.

"Since January 2019, Top Glove has attended to more than 100 external social audits of its factories, conducted by established international audit firms. In addition, Top Glove has proactively engaged with various organisations with a view to improve Top Glove's social compliance and performance," the company added.

All settled...Now all gloves counters rocketing...!!!

https://www.theedgemarkets.com/article/top-gloves-fair-value-could-surpass-rm110-affin-hwang-says

If topglov...@50.00...then comfort will be...@8.00... if...@100.00...then how...comfort...16.00...???

tamp0i Wow HLG TP 0.48? Will we really see this price kah? Exciting leh
21/07/2020 8:02 PM

I Q so long at...@0.48...when can match...???

Top Glove accorded ‘A’ rating in recent social audit by Amfori | https://www.klsescreener.com/v2/news/view/705299

Big Bros n leader of gloves industry good news n upswing...all smaller gloves counters also upswing together tomorrow...those he didn't take advantage during minor corrections, need to wait another chance.

Top Glove breaches SOP under RMCO | https://www.klsescreener.com/v2/news/view/705277

Lot of sour grapes when gloves counters all shooting straight up like rockets...Especially against Topglov...n now this issue...Anyway I bought it when it was below @5.00...sold by @10.00, then bought Comfort n then Ruberex...nobody knew it keeps on shooting up...even smaller n not well established counters, like Careplus n Adventa, plus other related counters. But only gloves counters n occasionally tech counters have more liquidity flowing in n out, for quite a long run. Probably due to suspension of shortselling until year end, gloves n others profit growth counters will outperform until January 2021.

Predict_Future @geary, above 4.5 maybe ? HAHAHA end of this week 5.0 above !
21/07/2020 5:46 PM

My target was...@4.80...stsrt from 4th week of June...within 50 days...see how overall markets sentiments...◉‿◉

Predict_Future thanks team, completed my mission today, those panic sell, i love you so much !!!!!
21/07/2020 4:56 PM

Tomorrow Upswinging...!!!

tuapuikia compulsory on a face mask at public should be good news for ocncash.

Singapore is compulsory...caught without mask on... $300 fine...Japanese n Taiwanese they wear mask because of social responsibility if they got flu...But those Angmoh thought they are superheroes...protests...so let them spread covid 19 with their human right unreasonable attitudes...because they like to kiss n have closed contacts hands n faces...they call these love...That's ignorance or stupidity caused human beings to suffer this fate...!!!

Added...@3.54...!!!

Ha...Gloves counters...all Rest today...tired of running up the stairs for too long...Must take some oxygen mah...will start to run up 2morrow...!!!

dalpinia Switched all to Pharm & Dpharma!!! Bye bye glove!!!
21/07/2020 3:19 PM

Whatever pharma selling vaccine n other drugs that's...don't command higher profits margins than gloves...so the PE multiply won't be so high as gloves counters...n thier earnings growth much lower gloves products...with higher demand at present periods...｡◕‿◕｡

foongkitmun Drop more!!!!!
21/07/2020 3:12 PM

Q at...@3.80...◉‿◉

One day show maybe...Sell take Profit...◉‿◉

MingGoon Comfort...
Very soon KYY said so cheap Comfort
and Comfort another new high soon
21/07/2020 2:37 PM

Uncle KYY become swing or day trader lah...◉‿◉

opportunity sold all comfort and park all here ady
21/07/2020 11:17 AM

｡◕‿◕｡

China nuclear option...if unleash will be bearish for markets...!!!
https://www.scmp.com/economy/china-economy/article/3094014/china-bought-more-us-debt-may-despite-talk-financial-war-amid

Hwai Hooi turn to comfort liao
20/07/2020 7:36 PM

Psychological advantage or disadvantage...let see the market tomorrow...ʘ‿ʘ

Uncle KYY article,

In view of all these complications, the price charts can help investors to make good investment decision. The 3 charts below show the price movement of Comfort, Top Glove and Supermax in the last 6 months.

Comfort shot up from 90 sen to close at Rm 4.11, an increase of 457%.

Top Glove shot up from Rm 6.50 to close at Rm 24.80, an increase of 382%

Supermax shot up from Rm 2.00 to close at Rm 18.40, an increase of 920%.

Based of the above comparison, investors should sell Supermax to buy Top glove and Comfort. I prefer to buy Top Glove because it is more than double the size of Supermax in terms of manufacturing capacity and a world leader in this glove business.

Ha...Wake up already Uncle...look closely n become chartist...◉‿◉

Bursa hits fresh record volume of nearly 12.5b shares | https://www.klsescreener.com/v2/news/view/704641

Liquidity power...!!!

Trading Bought...@3.56...◉‿◉

papparich Wow...kick out all the small fries first
20/07/2020 4:44 PM

Traders paradise...but not for the faint hearted...◉‿◉

Lelouch Eddie Liang geary , dato will dispose high and buy low
recently dato buy alot LHI at 0.60 sen
20/07/2020 3:07 PM

They are professional traders...margin account or pledged security...they don't wait for margin call...buy high sell higher...high Risk management...!!!

Max2838 Dato Lau last sale transaction in June about RM 3.00
Dato Lau latest buy transaction in July about RM 3.67
Why does Dato know that we don't?
Covid, more glove demand, higher ASPs ? Everybody knows that.
You can guess as much as you can about the ASPs, but only Directors know the exact ASP for every month from July to December.....
20/07/2020 12:29 PM

Insider buying is a positive sentiment...probably more to come like bonus issue...◉‿◉

Geopolitical tension...!!!

https://www.scmp.com/news/china/diplomacy/article/3093762/us-has-lost-its-mind-morals-and-credibility-chinas-foreign

secretinvestor8888 rubbish.... throw this... buy KOSSAN, SUPERMAX, SUPERMAX WARRANTS
19/07/2020 4:41 PM

Supermax...already a ten baggers...for those bought 3th week of March...@1.50...those who didn't...Sell or don't know when to sell...n still using margin...are looking for trouble later on...U didnt Sell means U didn't Win...!!!

Commentary: As world waits for coronavirus vaccine, antibodies treatment a needed plan B
Funding organisations must invest more resources to overcome hurdles in developing antibody treatments for the coronavirus, say observers.

Needed plan B at present momentum...so demand for gloves, masks, n ppe still exceed supply...Hold...!!!

chesslim Ocncash now betul betul game over lah.....bye bye all investor who buy at 0.825 above.
17/07/2020 5:15 PM

Around present price...@0.625...U must execute...ha...@0.825...almost zero margin of safety...!!!

110 containers with toxic waste from Romania abandoned at PTP | https://www.klsescreener.com/v2/news/view/704241

Migrant workers Human right lah...palm oil deforestation lah...biased ideology...why dumped all the toxic rubbish in Asia...???

Airasia Group BHD
KLSE: AIRASIA

0.74 MYR 0.00 (0.00%)
17 Jul, 5:00 pm MYT ·
Disclaimer
0.52 MYR ‎Thu, 19 Mar 2020.

Mar 19, '20...@0.52...That’s below floor value...at the time...how many bought...chance only one time...if right issue probably...@0.80-@1.00...!!!...PS or PP...indicative price was...@1.00...!!!

nicky Dato Lau starts to acquire....
19/07/2020 3:10 PM

Critical thinking...calculated risks...he needs to execute at the right time...!!!

KUALA LUMPUR (July 19): When COVID-19 first started to send cataclysmic waves through the global equity market, glove maker counters were among those that had bucked the trend and skyrocketed due to a sudden surge in demand for disposable rubber gloves from both the medical and non-medical sectors.

Shares of homegrown rubber glove manufacturer, Top Glove Corporation Bhd had spiked more than 400 per cent year-to-date, creating more job opportunities during the pandemic.

However, on Thursday, the United States Customs and Border Protection (US CBP) imposed a detention order on imports from two of its subsidiaries, Top Glove Sdn Bhd and TG Medical Sdn Bhd, placing the companies on its Withhold Release Order (WRO) list.

The move saw Top Glove’s share price plummeting by 10 per cent to RM19.70, although trading was later halted by Bursa Malaysia due to technical issues.

Top Glove stocks were not the only casualties on Thursday’s trading, as its main competitors, Hartalega Holdings Bhd, Supermax Corporation Bhd and Kossan Rubber Industries Bhd also took a hit, which resulted in a total of RM10 billion worth of market capitalisation wiped out from the local bourse in a single day.

Top Glove said the WRO may be related to foreign labour issues which is expected to be resolved within the next two weeks or a month.

This was not the first time the glove maker had been put in a tough position by the US CBP.

In December 2018, the company faced the same predicament after a British daily, The Guardian, reported that its migrant workers were allegedly subjected to forced labour, forced overtime and debt bondage, and had their wages withheld and passports confiscated.

Top Glove, however, denied the allegations, and exports had resumed as usual.

Migrant Worker’s Issue: A Global Concern

When COVID-19 started to spread across the globe, the US Embassy in Kuala Lumpur tweeted that 65 per cent of medical gloves used by US frontliners had been made in Malaysia.

“Through the production of medical gloves and other medical products, the world relies on Malaysia in the fight against COVID-19,” it said.

However, in June, Britain’s Channel 4 reported that migrant workers were only paid £1.08 an hour (RM5.77) and were forced to work overtime to meet the demand for gloves during the COVID-19 pandemic.

Putting things in the Malaysian context, a wage of RM5.77 per hour is considered as standard payment, even for Malaysians who work as part-timers in the food and beverages industry.

Meanwhile, in the United Kingdom (UK), public service union assistant general secretary Christina McAnea said the UK government had treated its migrant workers in a “shameful way.”

“Migrant workers are in the frontline of the fight against COVID-19 in care homes, propping up a neglected system that would collapse without them.

“Hundreds of thousands of care jobs are unfilled, yet the government is intent on cutting off a source of skilled workers just when the UK needs them the most,” reports quoted her as saying.

In the US, media reports said that migrant workers were either turned away or barred from receiving treatment for COVID-19.

On the contrary, migrant workers in Malaysia -- both legal and illegal -- had received adequate treatment and care.

It is important to understand that Malaysia is not the only country to deal with issues posed by migrant workers.

It is a universal issue which requires global attention. Cherry picking on the matter would not help solve it.

US Detention Order - A temporary dent

An equity analyst said that the WRO would only have a temporary impact on Top Glove’s stocks as well as those of other glove makers.

“The foreign investors’ interest in Top Glove’s shares remain sturdy as it holds a huge market share in badly affected nations, especially the US,” she said.

According to Top Glove’s annual report for financial year 2019 (FY2019), the North America region -- comprising the US and Canada -- accounted for 27 per cent of its sales volume.

It noted that the sales volume to the region leapt by 20.3 per cent in FY2019 compared with FY2018.

As the world’s largest rubber glove manufacturer, Top Glove commands a 26 per cent share of the global market, with a production capacity of 80.2 billion pieces per annum.

As of July 17, the company’s market capitalisation stood at RM62 billion.

Besides rubber gloves, the company had also ventured into manufacturing other essential healthcare products such as the three-ply mask to address the shortage due to the pandemic, condoms, as well as dental care products.

At Friday’s close, the company’s shares on Bursa Malaysia rose 16.65 per cent to close at RM22.98, with a total of 56.56 million shares traded, erasing its losses from the previous day.

On the Singapore Exchange, its shares rebounded 15.87 per cent to settle at S$7.52.

According to research notes, Top Glove is expected to continue its bullish momentum and the uptrend is not expected to end anytime soon.

Comfort market cap Rm 2.262 billion divided by 5.9 billion gloves = 38 sen per glove.

Supermax market cap Rm 24.07 billion divided by 25.7 billion gloves = 94 sen per glove.

Based on my above calculation, Comfort is so much under-priced. That is why RHB OSK has Rm 4.80 target price for Comfort Glove.


Total for the year profit Rm 275.3 million

Total issued shares 580 million

EPS 47 sen

Based on P/E 20 target price Rm 9.40

Based on P/E 15 target price Rm 7.05

Based on P/E 10 target price Rm 4.70

Ya...These are FA...there are TA to consider...plus intrinsic value of management team...macro n economic...geopolitical factors...interest rates...supply n demand for its outstanding share...n present sentiments of its products.

Belinda I missed the boat.
18/07/2020 10:00 PM

Probably it's half way...so u need a helicopter to jump inside...so your price will be higher...sell before the clock strike midnight...◉‿◉

Good123 How billionaires become millionaires: investing in airlines

After 2 years from now...millionaires become billionaires again...hehehe...!!!