Many experts denounced & not convinced of Russian vaccines! Gloves still in high demand! Even in the future there’s availability of vaccines, health personnels still need gloves to inject BILLIONS OF PEOPLE AROUND THE WORLD WITH GLOVESSSS!!!
Comfort will never go back to RM6.50 n above again due to optimism level has faded ... The probability to go back to Rm6 only about 10%.... those bought comfort at Rm6.00 n above, be cautious n plan for plan B....
https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html Forget about Wuhan vaccine which has started circulated. The first approved vaccine (approved by China) is CanSinoBio but nobody knows if they actually vaccinate the army, how many, etc. The second is Russia Sputnik (approved by Russia). The Sputnik is just like the Sputnik during cold war, went up into the space, orbited for 3 weeks and then fell back onto earth; Russia fall apart there-after, full of hot air. Being first but nothing else. How the Smart Money / Market Maker will manipulate the market, I don't know. I only know the company fundamental, prospect, earning, etc are SOLID. Just follow the flow and your investment strategy. Please bear in mind the country GDP is -6% (nominal) and -10% (worst case), this figure will change in accordance to the development which is mostly negative. Initially, BNM only estimated 0% to -2%, so you have to plan your investment and the bottom line is that it must be making good profit in the coming quarters.
BERLIN (Reuters) - German Health Minister Jens Spahn on Wednesday said Russia's COVID-19 vaccine had not been sufficiently tested, adding the aim was to have a safe product rather than just being first to start vaccinating people.
President Vladimir Putin announced on Tuesday that Russia had become the first country to grant regulatory approval to a COVID-19 vaccine after less than two months of human testing.
Moscow's decision to grant approval before final trials have been completed has raised concerns among some experts.
"It can be dangerous to start vaccinating millions, if not billions, of people too early because it could pretty much kill the acceptance of vaccination if it goes wrong, so I'm very sceptical about what's going on in Russia," Spahn told radio broadcaster Deutschlandfunk.
"I would be pleased if we had an initial, good vaccine but based on everything we know - and that's the fundamental problem, namely that the Russians aren't telling us much - this has not been sufficiently tested," he added.
Spahn said it was crucial, even during a pandemic, to carry out proper studies and tests and make the results public to give people confidence in the vaccine.
"It's not about being first somehow - it's about having an effective, tested and therefore safe vaccine," he said when asked about Russia's vaccine, which will be called "Sputnik V" in homage to the world's first satellite launched by the Soviet Union.
Only about 10% of clinical trials are successful and some scientists fear Moscow may be putting national prestige before safety.
Putin and other officials have said it is completely safe. Government officials have said it will be administered to medical personnel, and then to teachers, on a voluntary basis at the end of this month or in early September. Mass roll-out in Russia is expected to start in October.
(Reporting by Michelle Martin; editing by Thomas Seythal abd Toby Chopra)
stock market reflects 6 months in advance news. Many vaccine companies in US and China already started their 3rd phase clinical trials. Russia's vaccine registered but may not be proven but at least it is a good start. More positive news on the development vaccine will come through. Once the demand tapers somewhere in 2021, the average selling price will follow. Something to consider
Market tumbled into red following US Market as there had been no talks on a new economic stimulus package as expected. At the same time, big boys pulled back to eat small fishes. This is temporary. I am topping up.
I'm in @4.22,at this attractive price level who can resist the falling knife. If the price reverse uptrend than I'm happy. If drop will keep it and wait for the QR results to be announce, c how it goes.
I'm in @4.22,at this attractive price level who can resist the falling knife. If the price reverse uptrend than I'm happy. If drop will keep it and wait for the QR results to be announce, c how it goes.
No more correction.. its about reality.. Face the reality, vaccine news will resurface requently as every country rushing to produce the first vaccine hence causing panic to the market.
Comfortable price to hold around 3 to 3.7. Anyone bought above 5 should consider selling as succesful vaccine is getting closer day by day.. it will take a long long time to go above 5
Daily 'Forced selling' during a continuing trend of lower prices (especially) towards the end of the day is pushing share prices even lower. Investor confidence is further eroded due to the threat of over supply of glove as more competitors enter this lucrative business, in addition to the appearance of vaccines from multiple sources. Latest developments indicates that the days of overpriced glove counters are numbered. This explains the massive selling over the last few days.
Congrats to those who managed to sell above 5.00. Never too greedy in share trading. You'll never know when the big correction is coming. With more vaccine news coming out means glove stocks going to continue to correct itself. Happy days over for glove stocks ?
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 804 views | 5 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
George Leong
425 posts
Posted by George Leong > 2020-08-12 13:49 | Report Abuse
Russia vaccine is highly questionable... skip Trial-3.
https://www.sciencemag.org/news/2020/08/russia-s-approval-covid-19-vaccine-less-meets-press-release