with or without vaccine, the new norm is here and we've gotta live with it. most of the industry out there will adapt and heck, even the guardhouse pakcik is also wearing disposable gloves.
yes, it will consolidate and glow slower rather than previous volatility, but by no means it will stop at here. Can collect now for first bullet, if down again, avg down. Oct-Dec can enjoy the big bucks.
If gloves can't offer lucrative return during covid or even normal period, why almost every week got non-gloves company announces that they're going to setup gloves subsidiary? Or do they think that by saying so everyone of us would help goreng?
WTF...Pharma only investing 2 million on this big business???any comments???gloves companies, how much???profit how much?
Pharmaniaga to invest RM2mil in vaccine facility
KUALA LUMPUR: Pharmaniaga Berhad, a prospect to distribute Covid-19 vaccine, said it will not be making substantial investment for the bottling of the vaccine at is plant in Puchong. 26/08/2020 7:52 PM
Brain damage these media... Don't call that vaccine facility or plant please.... Just honestly call it a Storeroom or warehouse... Prefer Storeroom becos 2mil is not even enough to buy a 2 storey shop in Puchong...
I don’t think 2 million is sufficient to set up a conveying facilities in that store room...u can see how they produce panadol in YouTube.... this is a big business...
just imagine, a mere 2 mil to set up a facility n expect exodus ptofit from there, unlike gloves companies where the profit n orders already are there until 2021 n yet pharma shares shoot up without any facts or figures ! goreng goreng by the directors to make huge profit!
Pharma & duopharm will only be bottling the vaccine under license for Malaysia. Max volume is 30mil doses split between the 2, each only get 15mil. assuming each dose profit is RM20 max revenue RM300mil b4 deducting other costs. So how fantastic can their result be ???
Agreed with ccheemd. With vaccine the drug regulations are even tighter, the sterile bottling equipment and setting cost is high. So don’t believe in non pharmaceutical company who says they are venturing into vaccine business.
@alfredychingwong see2sea, May i know how you calculate the PER=30 for comfort? how about the PER for Careplus? want to compare their target price...Thanks
26/08/2020 6:23 PM ----------------------------------- PER=30 is just assumption to project target price.
Currently, most glove stocks are trading between 55 to 100.
You may use PER=20 as well.
For comfort at PER=20, target price is RM5.60. Very very conservative. As ASP is increasing from month to month.
You should check in on some of those fields below.
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