Please don’t use candle sell signal anywhere you want. It only can be applied at support/resistance whether horizontal line, trendline, moving average.
I really like this counter, can make fast money if know how to play since 0.10 previously till now haha. Best part is, glove counters will solid sales till next year and profits are seeing blood evday, but this counter just say want to buy glove and just want to buy medical rubber or relate to vaccine, and nothing realized yet can s till boom haha... Btw, js posted qtr loss some more lol
Trade with alert. I noticed that there are contra syndicate that have collected since last 2 days ago today dump and collect. Probably 20 big player not sure how many groups within a team that dump and collect based on the transaction data from my analysis. The first player dump then will standby to collect at the selected price level. The first big player mostly collected the share at the last high price will dump first until the last person who collected lowest price will be the last person dump the share. Once it fall continuously, it will create panic dispose for retailer who want to cut loss or to collect profit. The standby big player will immediately acquire once it hit the new lower price and collect the share from panic retailer. The last big player probably dump at the price of 20 cent and start to collect back.
Since the official news from MQTech about the MOA, probably tomorrow more retail player or ikan bilis will join to goreng. So do other big player too which is not from the syndicate will join the goreng. For now probably you will know the syndicate are which level now before they dump again.
So lets talk about the announcement from MQTech to acquire 70% of the Kibaru Manufacturing Sdn Bhd, the purpose is to get the Covid 19 vaccine distribution rights to ASEAN country from Fosun International Ltd. From beginning, Fosun International Ltd subsidary, Fosun pharma has team up with BioNTech (Nasdaq: BNTX, “BioNTech”) and Pfizer ( NYSE :PFE) which the vaccine is from BioNtech developed in Germany. To know more about the vaccine, read the link below.
For your info, the US government has awarded, USD 1.9B contract for this Covid 19 vaccine developed by this group. Japan also make a deal with 100m doses. There are also many other European countries including Canada have make the deal with this group too. Once it has passed the clinical trial and FDA approval, I believe many countries try their best to get the vaccine first.
Below is the list of company of Malaysia that related to Covid 19 vaccine goreng stock.
MQTECH - Distribution rights vaccine from Fosun + Covid 19 test kit (FDA approved) as package. Currently Kibaru have business distribute medical equipment around Asean countries.
Solution - Vaccine from CANSINO BIOLOGICS INC ( bulk and fill packing but no facility ready available. Pending to build new facility or factory. Latest announcement need 1 month to prepare proposal to bursa query details of the plan)
Bintai- Provide funding to US-based Nugenerex Immuno-Oncology (Generex) on a preliminary understanding of arrangement for collaboration in the funding, launching and management of a synthetic peptide vaccine for SARS-CoV-2. ( From the tracking vaccine list, unable to found any developed vaccine)
Titijaya- Collaboration and distribution medical equipment with Sinopharma ( Announcement never mention about Covid 19 vaccine.)
Dpharma - same as Pharmaniaga.
Pharmaniaga - Facility ready for fill and finish for covid 19 but no company give the rights ( hoping to get from government. Also use halal as reason to give them contract) I wonder why those non pharmaceutical company able to get contract from vaccine developer while those pharmaceutical company unable to get.
From my opinion, covid 19 vaccine will be develop, fill and finish by their own team up company and will not simply allow other company to do fill and finish at other country. The reason is simple, those who have the vaccine will have the power to control.
From information provided, you can judge yourself are you invested or goreng at correct stock or not. Trade at your own judgement and risk.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BearishTrend
1,296 posts
Posted by BearishTrend > 2020-09-02 21:53 | Report Abuse
Glove and Vaccine.. Easy money to them trap retailer