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.
It’s not tangled, vespa. It’s called protectionism and profitism. It’s also called in a limited way “trying to short a stock” (since shorting is banned in Bursa for now). That’s what Macquarie did with TG; they can’t short it in the system so they try to short it with their “analyst report” recently
Many retailers are trying to short stocks here via comments. It’s just the way it has always been in forums...
COVID-19: Universiti Oxford mulakan semula percubaan vaksin Share
Tweet LONDON: Universiti Oxford, semalam memaklumkan percubaan bagi vaksin COVID-19 yang dibangunkan bersama syarikat farmaseutikal, AstraZeneca akan disambung semula.
Haha covid theme play still intact and possible for gloves counter to go up again tomorrow. Just relax yourselves and do not be influenced by those who missed the train or got other reaso n to down gloves stock.
Indonesia: Chinese vaccine trial volunteer gets virus Whether volunteer received potential vaccine or placebo remains unknown, says clinical trial team leader Nicky Aulia Widadio | 11.09.2020 Indonesia: Chinese vaccine trial volunteer gets virus
JAKARTA
A clinical trial volunteer for a Chinese COVID-19 vaccine candidate in Indonesia tested positive for the virus, said the trial team leader on Friday.
The vaccine is developed by a Chinese company, Sinovac Biotech, and imported to the country by the state-owned Bio Farma.
Kusnandi Rusmil, the head of the trial and research team from Padjadjaran University, said in a statement that the infected volunteer has been put in isolation under strict supervision.
"After nine days, the volunteer’s condition seems to be good," said Rusmil, without specifying the volunteer’s gender.
He said the volunteer, after receiving the first injection for the trial, traveled out of town.
“The volunteer was declared healthy upon returning from the trip and then received the second injection,” said Rusmil.
However, he added, due to their travel history, the volunteer was required to take COVID-19 test by the local health authority and tested positive for the virus.
Rusmil said he was unable to confirm whether the volunteer was injected with a potential vaccine or a placebo.
“As we conduct the trials under blind observer principle, we cannot identify who gets the vaccine and who gets the placebo,” he added.
Volunteers who were injected with placebo would be compared to those who were injected with the potential vaccine to determine its capability to build immunity.
Rusmil went on to say that the volunteers’ immunity against the virus would be formed after the second injection.
"Clinical trial volunteers will still have their health monitored for six months after the last injection," he said.
The team is conducting Phase 3 of the clinical trials, which started in early August to last six months.
At least 450 volunteers have been injected with a potential vaccine or placebo. 13/09/2020 9:10 PM X supermxmx Chinapress..... claims thousands have taken the vaccine..... actually they are all their military personnels..... All military personnels have to abide orders from the gov.... they have NO choice...... China have more 1 million military personnel and yet they DUN dare to vaccinated all of them...... WHY??????
I dont understand why there are people likes to curse and scare others in a forum. Everyone can share their own opinion, but to use words to curse people kena burn to scare people is very despicable. If you are so accurate please give 3 company name here everyday to let us know how many percent it will go up on that day. Dont just curse here. Thank you.
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....
wongtty
121 posts
Posted by wongtty > 2020-09-13 14:46 | Report Abuse
https://www.nst.com.my/business/2020/09/624171/order-visibility-rubber-gloves-continue-least-until-1h-2021