guys, go for pharmaceutical stocks. It is very resilient and very stable..

If pharmaceutical companies able to get govt hospital contracts, no way they gonna lost money. The country's population is aging, should need more medical care. The govt of the day have the obligation to look after the elderly.

anyone know whether pfizer is considering 3rd shot? or how long will need a booster shot?

@Beary i already answered you. It is the pricing. It seems you were imagining too much until you've missed my reply earlier. I will add on one more reason - intrinsic value.

too much imagination is a mental illness. There is a condition called "maladaptive daydreaming". The person cannot differentiate between fantasy and reality. At the moment there is no official treatment for maladaptive daydreaming. Sufferers create a complex inner world which they escape to in times of distress by daydreaming for hours..

@Beary it is all about the pricing. The current price run too far ahead of its fundamental.

Citadel got a very good point there. Those bought long time ago, was never about any virus. They bought it was for the dividend and some small capital appreciation. Those are what we called good investors, provided nothing changed in Topglove's financial statements.

those who are asking people to buy now are those who got trapped at high floor for speculating..

@Beary yes. Those bought TopGloves 10 or 20 years ago, and holding till now, they are good investors. Not those who bought after April 2020. They are speculators. You see the difference?

no such things as long term investors in glove counters UNLESS you bought it before pandemic. If you just chase the price up, and even after the vaccine rollout, you are just another speculator looking for a greater fool.

The bursabets hoax was one of the greatest scams in gloves speculations.

Posted by Beary > Jun 27, 2021 10:44 AM | Report Abuse

This is precisely the kind of behavior that will ensure the never ending demand for gloves for years to come.

You see it as negative for gloves, I see it as a positive.
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This is the biggest problem with stubborn people who refuse to listen to advice and insist on thinking they can influence the market. It is also one of the biggest factors why their losses getting deeper and deeper with no way of recovering..

wild celebrations at Rome right now after Italy had beaten Austria in the 2nd round UEFA EURO 2020. None of them are wearing gloves..

WHO recommends all people to continue to wear masks even after you have fully vaccinated. It did not mention gloves at all. People need to protect themselves with masks and social distancing when in public spaces. I don't know beside those dishwashers, who are actually wearing gloves every day..

When was the last time you ever wear a glove?

It is not about the small quarterly profit. It is the receivables problems.

EPF also run..

I think the SC needs to step in now. This is not looking good on corporate governance..

yes. the current nta no longer relevant. Need a fresh balance sheet now.

@Beary what's your definition of new normal? Everyone wear gloves outside of the house? Don't make me laugh la..

don't say it cannot break 40 sen le..

Possibility does exist in this counter.

as long as vaccines are working against coronavirus, there is no hope for glove counters.

Some European countries are even reporting lower than 1k cases in last 24 hours. That's the place where vaccines are now battling the virus. Just like some of us here trying to prevent newbies from being scammed into buying overvalued and expensive glove counters in Malaysia.

https://covid19.who.int/table

still no light at the end of the tunnel..

Any rebound will be a short-lived one..

If you're a so-called long term investor, you would have bought before pandemic started. You were just speculating and got trapped at high floor and now deemed yourself as long term holder. How hilarious.

The most funny is you still think someone would chase up high to get you released..

when auditors resign abruptly, something is wrong..

when WHO declared Covid19 as pandemic on 11 March 2020, Supermax was just trading at RM0.82. Thats's before gloves oversupplied.

I trade stocks based on valuations. Currently Supermax is still very much overvalued..

the RM0.00001 is an invalid and unrealistic price. Pls remove that ular.

add me too UlarSawa. My price target RM 2.20

@HrryPttr We did warned them to get out or cut loss. When you see the world is reopening the economies and the effectiveness of vaccines, it is time to stop speculating on gloves.

@Boringguy EY haven't been appointed as independent reviewer yet..

Many people caught off guard by this including some experienced traders.

both vaccine counters Pharmaniaga and Duopharma are the best bet in this turbulent time.

Can't go wrong with them.

so many traders who got trapped at Serbadk are now trying to run down KPMG. Why don't you try to get an ACCA degree for me to see and then you will understand how audit process work. We are now talking about auditing public listed company, not your grandfather's shop.

If the auditors can be sued bcos of doing its job, it will set a very dangerous precedent in future.

In contrast, if the auditor missed something, causing the loss to shareholders, then it is right to sue the auditors..

In this case, the auditors take precaution by raising red flag earlier..

@probalility how do you know KPMG did not liaise with the client? Now all words are from Serbadk side.

If KPMG does the audit in accordance with generally accepted accounting principles (GAAP), Serbadk will not going to win this civil suit..

so this is the way how clients treat the auditors if not in concur?

losses from glove counters had made gohuat888 become mentally unstable..

bank earn from warrant? Pressing down? Conspiracy? You think HK drama meh? Gloves counters were thrown bcos of overvalued and earnings unsustainable..

Duopharma is a very good counter.

get your cash flows back on track first. So far MY govt only recognized Pharmaniaga and Duopharma as the covid19 distributors..

too risky to hold this counter. It can stay at low price for very long period unless KPMG signs the financial report.

overvalued counter and a non productive assets. If Tomei can mine the gold ore itself, then it might be a good buy..

Posted by tallman > Jun 21, 2021 2:39 PM | Report Abuse

this market very funny PE 2.5 nobody want to buy
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you buy lor. We give you a chance to buy ma..

Fund managers like Duopharma because of its ability to control the insulin market and the newly launched Letrozole, a breast cancer medicine, the first of its kind in Malaysia.

Sputnik V is just a sweetener boost to its bottom line.

https://www.theedgemarkets.com/article/vaccine-protects-us-severe-disease-say-covid19-survivors

VACCINE PROTECTS US FROM SEVERE DISEASE, SAY COVID-19 SURVIVORS

KUALA TERENGGANU (June 19): The Covid-19 vaccine does indeed act as a 'fortress', protecting the body even if the vaccinated individual is later exposed to or 'attacked' by the deadly virus.

This is what two individuals who survived Covid-19 infection said, having not experienced any symptoms when they were infected by the virus after being vaccinated.

Nur Fazlizai Ali, 34, a media practitioner, was infected by the virus about three weeks after completing the Sinovac vaccine shots.

“I received the first dose of the vaccine on April 1 and the second dose on April 22. It was a bit of a shock at first when I was confirmed positive on May 12. I was informed that the infection involved contacts that I met while on duty.

“I did ask the doctor several times just to reconfirm it. In the end, the answer remained the same, and I had to be placed at the Covid-19 Quarantine and Low-Risk Treatment Centre (PKRC),” she said when contacted by Bernama here recently.

She recalled that it was a really difficult experience for her, as she boarded a van from the Ministry of Health (MOH) to be taken to the PKRC at Universiti Teknologi Mara (UiTM) Chendering branch on the eve of Aidilfitri, and there was takbir raya echoing on the radio.

“I was really sad and scared. I couldn't describe my feelings at that time, but I still prayed that the vaccine I had received before would be able to get me to survive this, and help to get rid of the virus as soon as possible.

“What I was worried about most then was the infection involving other people. Out of 30 close contacts, two of them were infected. Thankfully, they didn't have severe symptoms,” she said.

When asked if she had any doubts or regrets as she was still infected despite having been vaccinated, she said: "Of course not; if compared with other patients who have not received the vaccine, I am actually a very lucky person."

She said that at the PKRC many patients suffered from severe cough, fever and loss of sense of smell, but as she was asymptomatic she could do various other activities including writing news.

Sharing similar sentiments with Nur Fazlizai on the importance of the vaccine is Zaid Salim, 50, who tested positive for Covid-19 a few days after receiving the first vaccine shot. He also said he did not experience any symptoms.

Zaid, who is a stringer with a newspaper company, received the vaccine shot on May 11, tested positive for Covid-19 three days later and was admitted to the PKRC at UiTM Chendering branch.

“I was told that I was infected while doing coverage just like Nur Fazlizai, and did not know that some of those present were positive.

“However, the vaccine shot that I received not only helped me not to have any health problems but also out of 40 of my close contacts, no one tested positive, including family members,” said Zaid, who received the Pfizer-BioNTech vaccine.

He said that as he tested positive for Covid-19, the second dose, which was supposed to be administered on June 14 had to be postponed, and he had to wait for six months from the date he tested positive.

Recounting their experiences of having to celebrate Aidilfitri at the PKRC, Nur Fazlizai and Zaid said that it was only a tiny issue compared with the difficulties faced by frontliners who have to face hundreds of patients every day.

They also said individuals who have been selected to receive the vaccine should not miss the opportunity to get vaccinated, as it not only protects themselves but also others.

gambling can take someone's life. Hope my advice will be helpful..

the West have already accepted the fact that annual jab is needed.. the virus will not go away..

very poor analysis..

btw congrats to Italy for being the 1st team through UEFA EURO 2020 round of 16..

(Italy is my favorite team)

Toilet paper has more value than this Euro and Dataprep..

the audited financial report will be signed by KPMG, not EY.

when they have run out of ideas to trick the newbies..

I think Pharma has successfully consolidated above RM5, will start another accumulation phase when time comes..

Ernst & Young Advisory Services SB as the independent reviewer's findings will be the key now. Those newly appointed independent directors can't do much..