Posted by Remo > 2020-12-24 16:04 | Report Abuse

https://edition.cnn.com/2020/12/23/health/coronavirus-uk-variant-vaccines-less-effective-prevent-covid-19/index.html?utm_term=link&utm_medium=social&utm_content=2020-12-24T08%3A01%3A04&utm_source=fbCNN&fbclid=IwAR11uyFYrzTULgwUzQiwtF5naAlBRLsrpeGRs8gVkcYFzEGnETbV5u9uj4Q

Posted by Taeyeon09 > 2020-12-24 17:15 | Report Abuse

Next week confirm huge huge huge rebound, since already lower to the hell

Posted by Noobee88 > 2020-12-24 17:57 | Report Abuse

I hope so Morpheus! I think it’s bottomed out already ...
Hey Bigby - nasi goreng with cod fish for your cucu cicit soon!

Posted by Noobee88 > 2020-12-24 17:58 | Report Abuse

@taeyeon- definitely rebound very soon...naysayers eff off! Gloves will be needed always. Why invest in loss making companies ...I won’t do that.

Posted by Sunshine123 > 2020-12-26 11:57 | Report Abuse

Taryeon09 ... I agree. What do the charts say, for those who do TA?

Posted by Noobee88 > 2020-12-26 19:10 | Report Abuse

If the IBs are playing around and shorting and suppressing TG shares, this will also affect
The smaller glove companies. If you can hold just hold and be patient.

Posted by newbie911 > 2020-12-27 12:56 | Report Abuse

Careplus private placement at Rm3.6 last fww month... Now share price Rm2.35.
Probably they alr cut lost?

Posted by Geek2020 > 2020-12-27 17:42 | Report Abuse

https://focusmalaysia.my/featured/rights-specialist-dont-let-brightway-off-the-hook-keep-tabs-on-it/

Confirmed to be Brightway. Not any listed gloves co
27/12/2020

Posted by CUTLOST > 2020-12-27 21:03 | Report Abuse

Wow.. Sell on news

Posted by Newbie318 > 2020-12-27 21:42 | Report Abuse

https://klse.i3investor.com/blogs/rubberglove_y2023/2020-12-27-story-h1538400349-AT_Glove_0072_Production_Line_Trial_Step_4.jsp

Posted by Keyman188 > 2020-12-27 21:52 | Report Abuse

Global glove importers rethink relationship with Malaysian manufacturer

(December 27, 2020 7:30 AM)

PETALING JAYA: Two key global glove importers are re-evaluating their relationship with a Malaysian glove manufacturer after government raids uncovered abysmal foreign worker accommodations at two of its subsidiaries.

Kimberly-Clark, the American personal care giant behind household brands such as Kleenex, Scott and Huggies, told FMT it was “evaluating the matter” when asked whether it would continue to source from the company.

Meanwhile, Ansell, an Australian safety and personal protection firm which supplies the UK’s National Health Service, said it was planning to meet the company’s managing director “as quickly as possible” to decide on the consequences of this “unacceptable situation”.

A multi-agency operation at one of the factories on Monday found 781 workers living behind the building in two blocks of shipping containers stacked three storeys high. A separate raid on its sister company on Thursday found workers crammed into two warehouses at either end of a pathway filled with mountains of garbage and factory waste.

“We were shocked to see such living conditions (in the first factory), which are absolutely unacceptable,” said an Ansell spokesperson.

“Based on the photos and video included in the media reports, it is evident that the living conditions provided for some workers at the site are unacceptable and are a violation of Ansell’s ethical labour standards, human rights statement and supplier code of conduct.”

The company also said it was in contact with other suppliers to determine alternatives and ensure it continued to meet the increased global demand for personal protective equipment during the Covid-19 pandemic.

Insisting it was “absolutely not” aware of the living conditions at the first factory, Ansell said a third party audit ordered by the company in May 2019 did not reveal the foreign workers’ dismal living conditions.

“We are investigating why,” it said.

Kimberly-Clark’s spokesperson, meanwhile, said it was concerned by the recent reports and was committed to ensuring that its employees around the world – including those of its suppliers – were treated with respect, with workplace and human rights standards met at all times.

“Through our processes to hold suppliers to high standards of safety, quality and compliance, we have identified some improvement opportunities and will continue to work with (the company) as we would with any supplier to enable meaningful improvements.

“Importantly, we also know that through continued engagement, there is a greater chance of affecting positive outcomes in this regard.”

This is not the first time either of the companies have had to take a closer look at the Malaysian glove manufacturers which they source from.

Ansell – which supplies to hospitals, care homes, local authorities and the private sector – also sources from Top Glove, the world’s largest glove manufacturer.

In 2018, Ansell was forced to investigate allegations that Top Glove was exploiting workers after an ABC News investigation revealed issues such as excessive overtime and costly recruitment fees among its foreign workers.

It is understood that Ansell still sources gloves from Top Glove.


US import ban

In July, two of Top Glove’s subsidiaries were placed on a list of restricted imports into the US by the US Customs and Border Protection (CBP) due to alleged forced labour issues.

This came after another Malaysian glove maker, WRP Asia Pacific, was slapped with the same withhold release order on its exports to the US in September 2019 after charges that its gloves were produced with forced labour.

The ban was lifted in March based on information obtained by the CBP showing that the company was no longer producing its rubber gloves under forced labour conditions.

For both Top Glove and WRP, the issue at hand was the exorbitant recruitment fees its foreign workers had to pay to secure jobs at the companies – pushing them into debt bondage, one of the 11 indicators of forced labour according to the International Labour Organization (ILO).

Among the other indicators were poor living conditions, placing the glove company supplying Kimberly-Clark and Ansell at risk of seeing their imports to several US companies being put on hold.

While a CBP representative was unable to disclose whether it was investigating specific entities, he told FMT that the CBP would continue to investigate credible allegations of forced labour in US supply chains and would prevent goods made by forced labour from entering US commerce.

“There are reputational, financial and legal risks associated with importing goods made by forced labour into the US,” said the CBP spokesperson.

“US importers have a responsibility to exercise reasonable care and to ensure that their supply chains are free of forced labour. CBP will not tolerate forced labour in US supply chains.”

Posted by Keyman188 > 2020-12-27 21:53 | Report Abuse

## https://www.freemalaysiatoday.com/category/nation/2020/12/27/global-glove-importers-rethink-relationship-with-malaysian-manufacturer/

Posted by PZOGRO > 2020-12-27 21:56 | Report Abuse

HOT!

Ansell to pull out Malaysia market??!

https://www.thevibes.com/articles/news/11354/global-importers-rethinking-ties-to-malaysian-manufacturer

Posted by YayorNay > 2020-12-28 05:42 | Report Abuse

Naysayers are Opportunists, TRUST your own judgement.

Posted by YayorNay > 2020-12-28 05:43 | Report Abuse

" Naysayers are just pathetic souls that 'Lost' most in their life. Lost in trust, integrity, self confidence, happiness, and love. They believe that spreading negativity and fear mongering would have given them a sense of control. They act in most childish way of trying to coerce or influence others into believing in them. They 'believe' they are future of mankind, foreseeing what lies ahead, making the wisest decisions and the most wealth among all. They claim to 'help' mankind of getting out of poverty but yet there isn't a conclusive result of any kind. "

Posted by YayorNay > 2020-12-28 05:43 | Report Abuse

" To each its own " an investment is a choice of individual's preference. The louder they are, the more DESPERATE they appears to be. Naysayers are just pathetic.

" If you can't stand the heat, get out of the kitchen. "

Posted by YayorNay > 2020-12-28 05:44 | Report Abuse

" Trust in what you have invested, these naysayers are not here to help you. Once it's green, you won't even see a glimpse of them, but they will hound you with fear mongering once its red, how pathetic "

Posted by smartmove100 > 2020-12-28 10:51 | Report Abuse

no reasons to be afraid, jz a pension fund liquidating good price stocks, as they need money now. After new year, price will be stronger..

Posted by victory015 > 2020-12-28 11:01 | Report Abuse

carepls down

Posted by victory015 > 2020-12-28 11:10 | Report Abuse

carepls was a money losing company before the covid19 . it will become money losing company after the covid19 is under control. sell now .

Posted by victory015 > 2020-12-28 11:12 | Report Abuse

it will drop to below rm 2

Posted by smartmove100 > 2020-12-28 11:13 | Report Abuse

ppl made losses, n throw their tantrums here, hehe...

Posted by victory015 > 2020-12-28 11:49 | Report Abuse

carepls down still

Posted by UlarTedung > 2020-12-28 12:06 | Report Abuse

Buy at RM 2 sell RM 2.2 safer?

Posted by Fundamental123 > 2020-12-28 12:20 | Report Abuse

Monitoring big 4 glove trend is enough to prove you that the price-falling trend as those second line glove stock prices are always based on ..

Vaccine, Dormitory condition issues over certain glove makers, IB selling pressure for better buying back at much lower prices IN FUTURE on much more units of shares ( that is much worthy of selling very early since 2 months ago). These are reality of share market without smell of signal.

Posted by victory015 > 2020-12-28 13:07 | Report Abuse

In dec 2019, carepls share price is 0.13. Today, it is 2.19. around 17 times increase. it is phenomenal growth, and it would not last.

expect price to drop below 2.

Posted by super_newbie > 2020-12-28 13:14 | Report Abuse

Post pandemic, 10.5b capacity, with 90% utilisation rate, ASP USD30 and NP margin of 10%, PAT per year nearly RM113m. Market Cap justify at RM1,695m with organic PER of 15. If you can agree just buy loh, if not then move away to other sector.

Posted by YayorNay > 2020-12-28 13:38 | Report Abuse

Naysayers are just poor souls harping your hard earned monies.

Posted by YayorNay > 2020-12-28 13:38 | Report Abuse

" Empty vessels make the most noise "

Posted by YayorNay > 2020-12-28 13:39 | Report Abuse

" If there wasn't any worries, naysayers won't be barking day and night "

Posted by YayorNay > 2020-12-28 13:39 | Report Abuse

"If they knew everything, they would have been mightier than God. "

Posted by Noobee88 > 2020-12-28 14:22 | Report Abuse

Ignore them. Thus will rebound lah...

Posted by Earthtime > 2020-12-28 14:26 | Report Abuse

Capacity, revenue , profit base, sales network , manpower etc etc are a far cry from even pre-mco.. revenue n profit are significantly many times higher.. than b4 Valuation is rm 3.00 easily based on 17-18 pe

Posted by Seeyounoup > 2020-12-28 14:43 | Report Abuse

haiz. habis. lose dao siao

Posted by Noobee88 > 2020-12-28 14:49 | Report Abuse

Don’t sell, no loss.

Posted by Fundamental123 > 2020-12-28 14:58 | Report Abuse

Monitoring big 4 glove trend is enough to prove you that the price-falling trend as those second line glove stock prices are always based on ..

Vaccine, Dormitory condition issues over certain glove makers, IB selling pressure for better buying back at much lower prices IN FUTURE on much more units of shares ( that is much worthy of selling very early since 2 months ago). These are reality of share market without smell of signal.

Posted by BearishTrend > 2020-12-28 15:05 | Report Abuse

Come on K+ 50cts

Posted by Noobee88 > 2020-12-28 15:07 | Report Abuse

LOL! Don’t be silly

Posted by CUTLOST > 2020-12-28 15:31 | Report Abuse

Jst buy.. Anytime 2.50 soon

Posted by opustang > 2020-12-28 15:35 | Report Abuse

directors are selling. you buy ? crazzy. 1.90 is coming.

Posted by YayorNay > 2020-12-28 15:48 | Report Abuse

" Empty vessels make the most noise "

Posted by BearishTrend > 2020-12-28 15:51 | Report Abuse

Ok nice.. QBuy 1.89

Posted by huat8787 > 2020-12-28 15:52 | Report Abuse

December is the deadliest month in the US since the coronavirus pandemic began -- and projections for January are 'nightmarish,' expert says

https://edition.cnn.com/2020/12/27/health/us-coronavirus-sunday/index.html

Posted by imvu > 2020-12-28 16:22 | Report Abuse

besok gap up dan hijau?

Posted by imvu > 2020-12-28 16:25 | Report Abuse

atau gap down baru hijau?

Posted by imvu > 2020-12-28 16:26 | Report Abuse

kurang kurang akan naik balik 2.30?

Posted by Kimly2 > 2020-12-28 16:30 | Report Abuse

VenFx Dude, stay strong ya!
your above 2.79 just kiding rite?
below 1.79 will be very soon



Posted by VenFx > Dec 9, 2020 2:47 PM | Report Abuse

Hoot 9e

Before careplus stand above 2.79 steadi ponbibi level yaa !

immediately support see at 2.70
risks vs rewards : GOOOOOOD

Posted by imvu > 2020-12-28 16:32 | Report Abuse

indicator dah tunjuk harga dah dekat buttom, tunggu nak rebound je lagi...

Posted by imvu > 2020-12-28 16:34 | Report Abuse

semua kuanter glove akan rebound minggu ni, mungkin besok?

Posted by imvu > 2020-12-28 16:46 | Report Abuse

tolong gap up limit up besok...