Posted by Mikecyc > 2020-09-08 21:04 |

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Posted by Mikecyc > 2020-09-08 21:06 |

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Posted by TuaTuaLiap > 2020-09-08 21:08 | Report Abuse

lelong lelong! Good time to load more kao kao TuaTualiap and ride the next tsunami wave!

Posted by Mikecyc > 2020-09-08 21:08 |

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Posted by RealTrader > 2020-09-08 21:15 | Report Abuse

I wish vaccine will be Released as soon as it could be. Gloves demands will continue to rise even until the vaccines become available for the community. But before economy is fully recovered, invest in glove company will still be my pick during and even post pandemic.

Posted by Mikecyc > 2020-09-08 21:19 |

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Posted by Mikecyc > 2020-09-08 21:21 | Report Abuse

and do refer to ethical Sifu 3iii n Sifu Philip or investing with them for future better retirement comfort ..

Posted by Mikecyc > 2020-09-08 21:23 |

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Posted by Mikecyc > 2020-09-08 21:25 | Report Abuse

asked him to go to Spa to relaks ..

Posted by Mikecyc > 2020-09-08 21:27 |

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Posted by Mikecyc > 2020-09-08 21:30 |

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Posted by Mikecyc > 2020-09-08 21:32 |

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Posted by warrantsmaster0 > 2020-09-08 21:32 | Report Abuse

PM me to join our discussion group :))

Posted by Jarall > 2020-09-08 21:44 | Report Abuse

30c,40c or limit up tomorrow . Seem possible

Posted by BearishTrend > 2020-09-08 21:53 | Report Abuse

Slowly drop below Rm2 soon

Posted by Observers > 2020-09-08 22:05 | Report Abuse

This is so confusing...today all glove stock drop to the level on 17th August. 18th August everything rebound like crazy. With current sudden surge of covid19, will the miracle on 18th August occur again tomorrow? This is so difficult to decide for those who wants to sell and cut loss tomorrow, whether we should sell first thing in the morning or should keep? If keep but the miracles of 18th doesnt occur, we will cut loss more...

Posted by spyking > 2020-09-08 22:37 | Report Abuse

Everyday hope tomorrow up. You orang ikan bilis never give up. Headache. Go genting better at least 50% up chances

Posted by az60 > 2020-09-08 22:45 | Report Abuse

Not only glove sector but whole world market under big correction....crude oil price also plunging down...hope covid 19 related stocks such as glove and healthcare make a reversal soon to balance the bearish stock in other sectors...cheers

Posted by vespa > 2020-09-09 00:00 | Report Abuse

strange; louse out of wood work abound in crisis mode. Accounts questioned etc lol

Posted by angelinvestor9898 > 2020-09-09 06:10 | Report Abuse

Down to 2.5 today

Posted by satish72 > 2020-09-09 06:34 | Report Abuse

may rebound up today

Posted by Mikecyc > 2020-09-09 06:35 |

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Posted by Mikecyc > 2020-09-09 06:36 |

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Posted by Mikecyc > 2020-09-09 06:36 | Report Abuse

Most synthetic rubber is produced in the United States, Japan, Russia, and the countries of Western Europe.

Posted by mach10 > 2020-09-09 06:37 | Report Abuse

where is MF? time to ask your friends to exit.

Posted by Mikecyc > 2020-09-09 06:38 | Report Abuse

Table 2 – Top Global Manufacturers and Producers of Nitrile Gloves based on Industry Research’s 2019 Global Market research report
Note – Annual revenue values derived from company websites and annual financial reports.
Company Name Location Estimated Annual Revenue


AMMEX Kent, Washington, USA Privately held

Ansell Richmond, Australia $1.499 billion

Aurelia Gloves Aurora, IL, USA Privately held

Barber Healthcare Leyburn, United Kingdom Privately held

Comfort Rubber Gloves Industries Perak, Malaysia $109.8 million

Dynarex Orangeburg, NY, USA Privately held

Hartalega Holdings Kuala Lumpur, Malaysia $655 million

Illinois Glove Northbrook, IL, USA Privately held

Kimberly-Clark Irving, TX $18.45 billion

Kossan Rubber Selangor, Malaysia $492 million

Medicom Montreal, Canada Privately held

Renco Corporation Manchester, MA Privately held

Riverstone Selangor, Malaysia $211.8 million

Rubberex Perak, Malaysia $47.6 million

Semperit Vienna, Austria $925 million

Sempermed North Clearwater, FL, USA $925 million

Synthomer Essex, United Kingdom $1.81 billion

Tan Sin Lian Johor, Malaysia Privately held

Top Glove Shah Alam, Malaysia $1.1 billion

United Glove Newton, NC, USA Privately held

VWR Radnor, PA, USA $1.52 billion

YTY Group Kuala Lumpur, Malaysia $10.8 billion - include mother company group revenue.

Shandong Yuyuan Shandong, China Privately held

Zhangjiagang Dayu Jiangsu, China Privately held

Posted by Mikecyc > 2020-09-09 06:47 | Report Abuse

US nitrile glove manufacurers :


AMMEX Kent, Washington, USA Privately held

Aurelia Gloves Aurora, IL, USA Privately held

Dynarex Orangeburg, NY, USA Privately held


Illinois Glove Northbrook, IL, USA Privately held

Kimberly-Clark Irving, TX $18.45 billion

Medicom Montreal, Canada Privately held

Renco Corporation Manchester, MA Privately held

Sempermed North Clearwater, FL, USA $925 million

United Glove Newton, NC, USA Privately held

VWR Radnor, PA, USA $1.52 billion
( compared to Top Glove Shah Alam, Malaysia $1.1 billion )

Posted by Mikecyc > 2020-09-09 06:48 |

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Posted by Mikecyc > 2020-09-09 06:49 |

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Posted by Mikecyc > 2020-09-09 06:52 |

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Posted by Mikecyc > 2020-09-09 06:53 |

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Posted by Mikecyc > 2020-09-09 06:54 | Report Abuse

In terms of an increase in global production, CGSCIMB in a recent report noted that China glove makers had announced aggressive expansion plans.

“Recent media reports indicate that two China glove makers, Blue Sail Medical and Intco Medical, have ambitious plans to ramp up their nitrile glove production capacity. We gather that Blue Sail aims to raise its nitrile glove production capacity to 36.1 billion by end-2023 from 4.3 billion at end-2019.

“Intco plans to expand its nitrile glove capacity to 59.2 billion per annum by end-2023 from five billion at end-2019.”

Posted by Mikecyc > 2020-09-09 06:55 |

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Posted by Mikecyc > 2020-09-09 06:56 | Report Abuse

Has the euphoria for rubber glove makers dissipated?
Wong Ee Lin
/
theedgemarkets.com

September 03, 2020 10:30 am +

Two other research houses have meanwhile downgraded the glove sector to "neutral" from "overweight".

JF Apex Securities Bhd attributed its decision to downgrade to the deceleration of new cases of COVID-19 and the faster-than-expected development of the vaccine.

Another reason, it said, was that the momentum of rising average selling price (ASP) for gloves might not be as strong as initially thought as more companies were venturing into the medical glove business.

Also, the demand for gloves was tapering as a result of less social activities, said JF Apex in a note on Aug 27.

AmInvestment Bank on Aug 25 also downgraded the glove sector to "neutral" as the research firm believed that the valuations for glove companies under its coverage had been fully priced in.

"We think that the ASP will begin to taper off in [the first quarter of] 2021 after the expected increase in ASP until end-2020, which has been priced in. Share prices of all of the glove companies in our coverage have exceeded their target prices," said AmInvestment.

Posted by Mikecyc > 2020-09-09 06:57 | Report Abuse

China's CNBG, Sinovac find more countries to test Covid-19 vaccines
Roxanne Liu & Tony Munroe
/
Reuters

September 05, 2020 19:39 pm

BEIJING (Sept 5): China National Biotec Group (CNBG) and Sinovac Biotech Ltd said on Saturday four more countries have agreed to run late-stage clinical tests of their coronavirus vaccine candidates, as China steps up its efforts in the global race.

Serbia and Pakistan are among the new countries agreeing to Phase 3 trials, as the two companies seek more data overseas amid dwindling new cases in China.

Serbia will test two vaccines developed by CNBG's Wuhan and Beijing units, and Pakistan will test the Beijing unit's candidate, the company told Reuters.
CNBG's Phase 3 trials are expected to involve 50,000 people in about 10 countries, said CNBG vice president Zhang Yuntao. Trials have already begun in United Arab Emirates, Bahrain, Peru, Morocco, Argentina and Jordan.

Zhang said foreign countries have expressed interest in ordering a combined 500 million doses of its vaccines.

CNBG is expected to be able to produce 300 million doses of vaccine a year once it upgrades manufacturing techniques, and is working on a plan to raise its annual capacity to 1 billion doses, Zhang said.

Posted by Mikecyc > 2020-09-09 06:57 | Report Abuse

Sinovac's vaccine candidate CoronaVac, being tested in Brazil and Indonesia, also obtained approvals from two other countries for Phase 3 trials, said Helen Yang, senior director of global strategy and business development at Sinovac.

Posted by Mikecyc > 2020-09-09 06:58 |

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Posted by Mikecyc > 2020-09-09 06:58 |

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Posted by Mikecyc > 2020-09-09 07:04 |

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Posted by mf > 2020-09-09 07:25 |

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Posted by cheryee > 2020-09-09 07:41 | Report Abuse

@Mikecyc, I am not interested on K+ but since you have done extensive research on the market (or so it appears), could you please let us know which counter definitely will UUU today? TQIA

Posted by vespa > 2020-09-09 07:46 | Report Abuse

Oxford and AstraZeneca's COVID-19 vaccine trials put on a hold after a UK participant had a 'serious' suspected reaction to the leading shot candidate

Posted by DreamPredator > 2020-09-09 07:48 |

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Posted by vespa > 2020-09-09 07:50 | Report Abuse

Late stage trials for the vaccine being developed by AstraZeneca and Oxford University have been put on hold
A 'serious adverse event,' a possible reaction to the shot was reported in the UK
It's not clear what happened to the individual, but an adverse event is considered 'serious' if it requires hospitalization, is life-threatening or deadly
Stat News reported that the individual is expected to recover, but little else is known about their identity
It is not clear if regulators, AstraZeneca or Oxford called for the trial hold
The shot was dubbed the best hope for a vaccine by the WHO and is one of nine in phase three trials - the last tests before approval can be sought

Posted by DreamPredator > 2020-09-09 07:50 | Report Abuse

vaccine stocks also dropped loads yesterday

so could not have been vaccine issue being the major cause of fall for gloves

Posted by DreamPredator > 2020-09-09 07:59 | Report Abuse

so, since if even a qualified professional remisier could also be fined rm75k for deliberate stock market manipulation ...

then, random unlicensed unqualified guys should also be held even more responsible for indiscriminately dispensing inappropriate 'advice' or 'consultancy' with the suspected or likely intention of manipulating the stock market in the direction that they prefer or is favourable to them

Posted by pakdin2023 > 2020-09-09 08:00 | Report Abuse

Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng said it is normal for investors to take profit on glove counters especially after the substantial gains in the past few months.

"When the prices keep on going up, there will be some profit-taking, so [a pullback of] anything between 15% and 20% is healthy.

"As we always look beyond the short term, I am pretty okay with glove counters' fundamentals as they are expected to continue to deliver good earnings in coming quarters. Hence, fundamentally speaking, I will still hold glove stocks," Wong added.

Posted by spyking > 2020-09-09 08:05 | Report Abuse

Good try. You all tried very hard. Fact careplus is overvalue

Posted by DreamPredator > 2020-09-09 08:05 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/08/remisier-fined-rm75000-and-suspended-for-manipulative-trading-activities

so, random unqualified unlicensed persons dispensing indiscriminate unsolicited market manipulating 'advice or 'consultancy' had better beware ...

Posted by supermxmx > 2020-09-09 08:08 | Report Abuse

CNN, Bloomberg, CNBC, Reuters, NYTimes Headline - AstraZeneca Pauses Vaccine Trial After Unexplained Illness
- U.S. Stock Futures Continue Selloff on Covid Vaccine Woes