Stockraider in every glove counter forum. He is like CIA for JP lanchau. He think JP Morgan know supply and demand of glove. Stockraider why you going around every forum giving negative comments. Get loss if you are stuck.
Pfizer Vaccine Cleared in U.S., a Landmark in Covid-19 Fight
Pfizer Inc. gained emergency U.S. authorization for its Covid-19 vaccine on Friday, completing an unprecedented scientific sprint that could eventually help bring an end to a pandemic that has killed nearly 300,000 Americans
To all - Are we going to allow a foreign bank which was involved in the 1 MDB scandal, and have very recently this Sept 2020 manipulated the US market to also manipulate our Malaysian Market?
It's up to all of us to make a stand and say NO to these manipulators. Lets not sell any of the shares come Monday. Hold. If no sellers, they can't manipulate the price. Between them they will try to create fake transactions. At the end they will lose.
THE DEMAND FOR GLOVES ALREADY PEAK, COUPLE WITH SHARP INCREASE IN CAPACITIES & COMPETITIONS & VACCINES COMING WHICH IS A RECIPE FOR SHARE PRICE COLLAPSE FOR GLOVES COMPANIES LOH!!
TheStar Sat, Dec 12, 2020 08:10am - 1 day ago
Peak gloves
WHEN the price of crude oil was onward to its historical highs, we were introduced to the phrase “peak oil.”
Peak oil was to show how production of crude oil was at its high and why the world will not see oil gushers in the frequency it has in the past. Well production did rise, given the historic prices that made marginal fields, deepwater and fracking viable.
But demand unfortunately did not keep up because the high prices meant the world started looking at alternative and renewable energy.
Like high oil prices back in the day where the oil majors were sloshing in cash, the same now may be said of our glove manufacturers.
The role and importance of gloves cannot be understated in the global fight against the Covid-19 pandemic although there is much room for improvement in terms of how some in the industry handle the welfare of their workers.
Top Glove Corp Bhd’s extraordinary profit of RM2.38bil in the first quarter of its 2021 financial year was symbolic of high demand and prices, and it was more than the RM1.87bil it made for the whole of its 2020 financial year.
There is no doubt other glove companies will be making super-normal profit for some time but it will be unfathomable to expect that trajectory of profit increases to continue.
As the world starts rolling out vaccines and as more people get inoculated against Covid-19, then the catalyst for the huge profits would increasingly get muted. The argument that the vaccine rollout will require the use of gloves is true but much of that will be one time use. The world has a population of 7.8 billion people and 16 billion pieces of gloves, or 32 billion if there needs to be two injections, to administer a vaccine to each and every person. Top Glove alone makes way more than that.
Then there is competition from new suppliers. Germany is starting to make rubber gloves seeing the demand and profits companies are making, which would indicate that the barriers of entry are not high for a business that can be automated to a way larger degree than it is in Malaysia. Then there is the production increase from existing manufacturers and new players just in Malaysia that are entering the business.
The glove players will make more money than prior to the pandemic but how will the supply dynamics change and prices react will bear watching over the long run.
All glove companies should suspend their trading tomorrow morning and issue a collective statement to all media, press conference and Bursa about the manipulators. They should provide facts and data about the rising ASP, Spot price, Demand, order books, etc, etc. Put the records straight with facts and figures to shut the manipulators and IBs once an for all. Also take action against them.
TANGKAK - [DIKEMASKINI] Kerajaan bercadang meningkatkan pembelian vaksin Covid-19 agar dapat menampung keperluan imunisasi hingga 70 peratus rakyat berbanding kuantiti asal sebanyak 30 peratus.
BCOS THE FUTURE FACTS THEY SUPPLY WILL BE VERY NEGATIVE LOH...!!
Posted by Taipan > Dec 13, 2020 4:13 PM | Report Abuse
All glove companies should suspend their trading tomorrow morning and issue a collective statement to all media, press conference and Bursa about the manipulators. They should provide facts and data about the rising ASP, Spot price, Demand, order books, etc, etc. Put the records straight with facts and figures to shut the manipulators and IBs once an for all. Also take action against them.
Bahrain approved the registration of the Sinopharm Group Co Ltd. vaccine against the coronavirus, about a week after the United Arab Emirates registered the Chinese-made vaccine.
“Results from Phase III clinical trials showed an 86% efficacy rate, a 99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of Covid-19,” the National Health Regulatory Authority said in a statement Sunday.
Bahrain has participated in phase III clinical trials, in which more than 7,700 volunteers signed up. Bahrain had previously authorized the emergency use of the vaccine, which was provided to frontline workers in contact with coronavirus patients.
The UAE registered the Sinopharm vaccine after finding it had a 86% efficacy rate, paving the way for a full public use and allowing for a re-opening of the Gulf nation’s economy.
Egypt plans to start the process of inoculation against the coronavirus after receiving the first shipments of Sinopharm vaccine.
Govt to increase Covid-19 vaccine purchase to cover 60%-70% of M'sians — PM
The government has plans to increase its purchase of the Covid-19 vaccine to cover the immunisation needs of about 60%-70% of Malaysians compared with 30% currently.
Prime Minister Tan Sri Muhyiddin Yassin said this was because some nations had purchased doses exceeding their population.
“As for Malaysia, we have already got 30%. I have instructed Health Minister Datuk Seri Dr Adham Baba along with [Science, Technology and Innovation Minister] Khairy Jamaluddin Abu Bakar to negotiate and increase it from 30% to 60% or 70%.
Do you know that if retailers start disposing glove stocks, who stand to benefit the most? Bank stocks. This is because many retailers who bought and hold glove stocks are holding on for strong fundamental and the same guy would have bought banking stocks if not for the gloves. These banks would want more bad news for gloves, so that retailers will switch their portfolio to banking stocks. Imagine billions of stock worth money suddenly switch to banks. Their stock price will jump up. Now you know why there is a thorough effort to create bad news for glove industry especially the big brother Top Glove?
COVID-19 vaccine is permissible for Muslim use, preservation of life is key consideration: MUIS
SINGAPORE: The Islamic Religious Council of Singapore (MUIS) said on Sunday (Dec 13) that it "holds the position that a COVID-19 vaccine is permissible for Muslim use".
"We would advise and encourage Muslims to be vaccinated once it is available and when the vaccine has been medically authorised as safe and effective, as this is a basic necessity to protect lives in the context of a global pandemic," said MUIS.
The council made its religious position on the vaccine known in a media release.
It said that the objectives of introducing a COVID-19 vaccine and the processes involved in producing vaccines are "largely aligned to established Islamic principles and values".
Islamic jurisprudence places great importance on the sanctity and safety of human life and the protection of livelihoods, it said.
Efforts to protect human life from any form of danger and harm, such as the development of vaccines, are therefore highly encouraged in Islam, it added.
There is no need to promote vaccine stocks here. Gloves and vaccines stock can go up together. Only vaccines stocks has a lifespan . After that, going down when there is no requirement anymore
Ikan bilis is like that lah, like to play long term downtrend stock, play short term rebound. High risk low return. Glove confirm will blood bath until end of march 2021.
those who laugh at glove , make fun of glove,insult glove stocks. now is ur turn for you karma , ur AA ,genting , bank will start to blood and free fall.
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....
Chelly
57 posts
Posted by Chelly > 2020-12-12 15:13 | Report Abuse
Stockraider in every glove counter forum. He is like CIA for JP lanchau. He think JP Morgan know supply and demand of glove. Stockraider why you going around every forum giving negative comments. Get loss if you are stuck.