@ToneeFa and @freetospeak, please continue to share your insights, and thank you both.

Too much negative nonsense here.

https://www.thestar.com.my/business/business-news/2020/11/23/glove-makers-income-tax-rm28b-this-yr-rm47b-next-yr

"KUALA LUMPUR: Glove manufacturers’ corporate income tax is projected to be RM2.8bil in 2020 and RM4.7bil in 2021, according to Maybank Investment Bank Research following a dialogue with the Finance Minister.

The research house said on Monday the government decided no windfall tax will be imposed on glove manufacturers to avoid potential “opportunity costs/losses” such as glove manufacturing companies investing overseas instead of in Malaysia, and sending wrong signal to existing and potential investors in other industries.

...

Stop talking about windfall tax from now on. Naysayers get lost.

https://www.thestar.com.my/business/business-news/2020/11/23/glove-makers-income-tax-rm28b-this-yr-rm47b-next-yr

"KUALA LUMPUR: Glove manufacturers’ corporate income tax is projected to be RM2.8bil in 2020 and RM4.7bil in 2021, according to Maybank Investment Bank Research following a dialogue with the Finance Minister.

The research house said on Monday the government decided no windfall tax will be imposed on glove manufacturers to avoid potential “opportunity costs/losses” such as glove manufacturing companies investing overseas instead of in Malaysia, and sending wrong signal to existing and potential investors in other industries.

...

Stop talking about windfall tax from now on. Naysayers get lost.

Good analysis @ToneeFa

https://edition.cnn.com/2020/11/21/world/coronavirus-vaccine-dry-ice-i...

Now they finally admit challenges in distribution. Huge problems remain even within the US, the rest of the world will not be able to get Pfizer and Moderna easily.

https://edition.cnn.com/2020/11/21/world/coronavirus-vaccine-dry-ice-intl/index.html

Now they finally admit challenges in distribution. Huge problems remain even within the US, the rest of the world will not be able to get Pfizer and Moderna easily.

IBs and fund managers are beginning to release news about higher glove demand when vaccine is being rolled out. RHB started the ball rolling yesterday. Vaccinations will take a long time to complete even for half of the world's population.

IBs and fund managers are beginning to release news about higher glove demand when vaccine is being rolled out. RHB started the ball rolling yesterday. Vaccinations will take a long time to complete even for half of the world's population.

I am long term investor in gloves since before pandemic. No need to tell people when to buy or sell, people can make their own judgement.

It's still very low, I am buying more.

https://www.theedgesingapore.com/capital/brokers-calls/covid-19-bug-does-little-derail-expectations-top-glove-logging-supernormal

@Gigantor, with side effects like that, I think most people would wait for a more refined version of the vaccines. Meanwhile, just wear the freaking mask and avoid crowds. Is that so freaking hard?

Thanks for sharing.

@Gigantor, with side effects like that, I think most people would wait for a more refined version of the vaccines. Meanwhile, just wear the freaking mask and avoid crowds. Is that so freaking hard?

Thanks for sharing.

https://www.cnbc.com/2020/11/11/coronavirus-vaccine-pfizer-ceo-sold-5point6-million-of-stock-as-company-announced-positive-data.html

https://www.cnbc.com/2020/11/11/coronavirus-vaccine-pfizer-ceo-sold-5point6-million-of-stock-as-company-announced-positive-data.html

Courtesy of @BalancedPortfolio88 from TG thread

I seldom comment content to let others blow off steam but today is an exception. I am not surprised that gloves shares dropped in the morning substantially because many people I think do not analyse the shares they buy into or news that affect the shares. It seems more like gambling or blindly putting money in without understanding what they are investing in. However what I am surprised is that the sensible investors did not pick up shares and if remained 10% down. When the vaccine was announced as having 90 percent efficacy it APPEARS to be big news but actually it is something that has already been reported before about 2 months ago. The problem with this vaccine is that it is unlikely to do anything much to curtail covid. The reason is the same as 2 months ago. As reported in Rueters today and even the Straits Times it must be stored in minus 80C. Just think about that. How is it logistically possible to deliver the dose to wide populations. We are not talking about poor countries, even small developed ones like Singapore would have immense difficulty doing so since the infrastructure is NOT there. Further 2 shots are needed costing at least USD60. It is not affordable to many of the poor plus we do not know how long the immunity can last (some study from Cambridge says that after 3 months anti body activity diminishes and you can be reinfected). Think of the logistics. Even top hospitals do not have storage. How are you to manufacture and then transport the vaccine. Billions of doses. Are there super chiller vehicles to do so. After you have done that it must be stored before the patient comes. Stored where? Is each clinic going to invest in these super cool chillers too. I doubt if in 1 year more than 1% of the world would be inoculated. During that one year more new people will be infected then innoculated. That is the problem with the novel RNA method used. It needs supercool temperatures hence has not been a popular method. I suppose millionaires will be able to get a dose. By the way the Chinese vaccine and Russian vaccine also with all the hype has had little impact so curtailing the virus. There is a time to sell your shares but I not for this new vaccine reason. Probably the news was sent out by some to benefit from their own investments. So do not be fooled. A vaccine will come one day but in this present form this Pfizer vaccine is not it.

@BalancedPortfolio88 very well written.

https://www.cnbc.com/2020/11/09/the-coronavirus-pandemic-is-about-to-explode-before-therapeutic-counterattack-dr-scott-gottlieb-says.html

...
In a recent NBC News/Wall Street Journal poll, only 20% of people responded that they would take a vaccine as soon as they could, but Dr. Gottlieb told host Shepard Smith that he doesn’t think that feeling would last. He explained that there will be a lot more data once the vaccine is ready for the broad population, which would not be until the second or third quarter of next year.
...

Read the last sentence for Pfizer and other vaccines in general. "until the second or third quarter of next year".

https://www.cnbc.com/2020/11/09/the-coronavirus-pandemic-is-about-to-explode-before-therapeutic-counterattack-dr-scott-gottlieb-says.html

...
In a recent NBC News/Wall Street Journal poll, only 20% of people responded that they would take a vaccine as soon as they could, but Dr. Gottlieb told host Shepard Smith that he doesn’t think that feeling would last. He explained that there will be a lot more data once the vaccine is ready for the broad population, which would not be until the second or third quarter of next year.
...

Read the last sentence for Pfizer and other vaccines in general. "until the second or third quarter of next year".

A rising sea floats all boats...

https://www.thestar.com.my/business/business-news/2020/11/09/kossan-sees-exceptional-growth-in-2020-as-glove-demand-exceeds-supply

I share positive glove news in glove threads, I don't troll other threads. That's bad form.

A rising sea floats all boats...

https://www.thestar.com.my/business/business-news/2020/11/09/kossan-sees-exceptional-growth-in-2020-as-glove-demand-exceeds-supply

I share positive glove news in glove threads, I don't troll other threads. That's bad form.

I have no doubt that in 2021 there will be a few vaccines that might help, but don't be too quick to believe what CEOs of individual companies say to boost the share price.

Need health bodies to verify and peer review the results to confirm.

I have no doubt that in 2021 there will be a few vaccines that might help, but don't be too quick to believe what CEOs of individual companies say to boost the share price.

Need health bodies to verify and peer review the results to confirm.

CEO trumpeting his own drug to boost share price. Need other peers to say it is good, not boast yourself.

CEO trumpeting his own drug to boost share price. Need other peers to say it is good, not boast yourself.

Courtesy of Abba84 from TG thread...

Please read with caution as its details,peer reviews not done.as mentioned below.

Although it is a bright spot in the battle against the pandemic and a triumph for Pfizer and BioNTech, a German company, key information about the vaccine is not yet available. There is no information yet on whether the vaccine prevents severe cases, the type that can cause hospitalization and death.

Nor is there any information yet on whether it prevents people from carrying the virus that causes Covid-19, SARS-CoV-2, without symptoms.

Because the vaccine has been studied for only a matter of months, it is impossible to say how long it will protect against infection with the virus. The vaccine does cause side effects, including aches and fevers, according to previously published data. Gruber said that he believed the side effect profile was comparable to standard adult vaccines, but probably worse than Pfizer’s pneumonia vaccine, Prevnar, or a flu shot.

The results have not been peer-reviewed by outside scientists or published in a medical journal, and even Pfizer and BioNTech have been given no other details about how the vaccine performed by the independent monitors overseeing

Donate money to help the country is the right thing to do. Glove companies...love and respect.

Previously try to spread windfall tax, now trotting out vaccine news again? Why not share in vaccine forum, no need to share here.

"With tax hikes or new taxes unlikely to take place in 2021 amid the fragile economic environment, Maybank IB Research forecasts government expenditure to exceed its revenue by RM90bil, representing a fiscal deficit of 6% of the gross domestic product (GDP).
"

Read full here:
https://www.thestar.com.my/business/business-news/2020/11/03/one-sticky-point-in-unity-budget-2021

"With tax hikes or new taxes unlikely to take place in 2021 amid the fragile economic environment, Maybank IB Research forecasts government expenditure to exceed its revenue by RM90bil, representing a fiscal deficit of 6% of the gross domestic product (GDP).
"

Read full here:
https://www.thestar.com.my/business/business-news/2020/11/03/one-sticky-point-in-unity-budget-2021

https://www.cnbc.com/2020/10/28/coronavirus-dr-fauci-says-us-is-in-a-bad-position-as-daily-cases-hit-record-highs.html?__twitter_impression=true&recirc=taboolainternal

https://www.cnbc.com/2020/10/28/coronavirus-dr-fauci-says-us-is-in-a-bad-position-as-daily-cases-hit-record-highs.html?__twitter_impression=true&recirc=taboolainternal

https://www.cnbc.com/2020/10/29/coronavirus-variant-seen-spreading-across-europe-research-says.html

Vaccine likely to be ineffective?

https://www.cnbc.com/2020/10/29/coronavirus-variant-seen-spreading-across-europe-research-says.html

Vaccine likely to be ineffective?

Thanks @PureBull, your comments are with substance as always.

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/10/25/hong-kong-battling-potentially-deadly-superbug-authorities-say-could-have-spread-because-isolation-facilities-are-being-used-in-fight-against-covid-19

Another superbug?

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/10/25/hong-kong-battling-potentially-deadly-superbug-authorities-say-could-have-spread-because-isolation-facilities-are-being-used-in-fight-against-covid-19

Another superbug?

You too @sweetchocalates, thanks for the calculations.

BIG BLACK CAT turning into BIG BLACK BULL

Smart alec come d

Got sorchai come talk about vaccines again. BIG BLACK CAT will now hunt for soscoco

Tomorrow boom, BIG BLACK CAT will be feasting tonight.

Good news for BIG BLACK CAT and Stanley !!!

Got smart alec appear again.

@Chua Joe Beng, don't worry, BIG BLACK CAT will come for them in their dreams tonight.

https://www.theguardian.com/world/2020/sep/24/coronavirus-mutate-contagious-study-us-cases

Not good news...just sharing and be careful, don't let your guard down.

https://www.theguardian.com/world/2020/sep/24/coronavirus-mutate-contagious-study-us-cases

Not good news...just sharing and be careful, don't let your guard down.

Hey dick head, diam lah

Agree with @GiantPanda, glove stocks are the safest for the foreseeable future. Nothing else comes close.

Wait till CBP lifts, then to the moon and beyond.