Posted by KK > 2020-08-30 19:12 | Report Abuse

https://www.thestar.com.my/news/world/2020/08/30/russia039s-coronavirus-infection-tally-climbs-to-near-one-million

Posted by Jo1234 > 2020-08-30 20:36 | Report Abuse

Russian Vaccine Useless???


AUGUST 30, 2020 / 3:54 PM / UPDATED 4 HOURS AGO
Russia's coronavirus infection tally climbs to near 1 million

MOSCOW (Reuters) - Russia reported 4,980 new coronavirus cases on Sunday, pushing its confirmed national tally up to 990,326.

Authorities said 68 people had died of COVID-19 over the last 24 hours, raising the official death toll to 17,093.

Reporting by Gleb Stolyarov; Writing by Maria Kiselyova; Editing by Hugh Lawson

Our Standards:The Thomson Reuters Trust Principles.
REUTERS NEWS NOW



© 2020 Reuters. All Rights Reserved.

Posted by foongkitmun > 2020-08-30 20:53 | Report Abuse

Waiting for correction.......I think should be by next week...I am sure all the gloves counters will be very very very volatile ...

Posted by jsseah > 2020-08-30 21:18 | Report Abuse

https://edition.cnn.com/world/live-news/coronavirus-pandemic-08-30-20-intl/h_9312444f2e1cfab680ab229d10fd7fb5

Posted by JohnnyBravo69 > 2020-08-30 22:09 | Report Abuse

Stay away cos the con man is pushing. Don’t get burnt

Posted by JohnnyBravo69 > 2020-08-30 22:38 | Report Abuse

KK, smart people won’t ask dumb questions

Posted by KK > 2020-08-30 22:48 | Report Abuse

https://klse.i3investor.com/blogs/koonyewyinblog/2020-08-29-story-h1512602303-Comfort_is_in_trend_reversal_good_buying_opportunity_Koon_Yew_Yin.jsp

Posted by JohnnyBravo69 > 2020-08-30 22:55 | Report Abuse

Hollan soon guys, beware

Posted by selesa2020 > 2020-08-31 00:12 | Report Abuse

Grim milestone as virus cases top 25m globally

Posted by oilwaterman > 2020-08-31 00:25 | Report Abuse

https://www.worldometers.info/coronavirus/country/russia/


Russia new covid cases near 5,000 cases. New cases has increased for 5 days straight. Putin tried to promote his vaccine again 2 days ago. That is bad sign that Russian vaccine efforts are failing.

Posted by mach10 > 2020-08-31 09:10 | Report Abuse

KYY hinted he is going to dump comfort soon. beware.

Posted by oilwaterman > 2020-08-31 09:33 | Report Abuse

https://www.nst.com.my/world/world/2020/08/620374/indonesia-sees-highest-ever-daily-tally-covid-19-cases

Posted by oilwaterman > 2020-08-31 09:36 | Report Abuse

India new covid cases hit 78k, highest in record.

Posted by AxeCapital2077 > 2020-08-31 09:37 | Report Abuse

hes gonna dump it soon so when it ticks up and you have earned 50% just dump. I mean unless comes winter season then covid is worse then all gloves fly but bcareful

Posted by Observers > 2020-08-31 10:58 | Report Abuse

Can the CEOs of the Big 4 and Small 3 glove companies come up together to hold news conference and give reassurance to the public that the gloves demands is still very high despite news of vaccine here and there. If the vaccine is available to the public one day, the glove supplies could not cope with the demands. Before vaccine, you need gloves for the sick; after the vaccine, u need gloves for the sick and the healthy and the healthy population in the world is thousands time higher than the sick, which means there's huge surge of gloves demand than ever before!! Pls spread this message and educate those especially the uncle aunties who have the terrible misconception about glove demands is inversely proportional to vaccination, these are the investors with money but no brain, and they are the major people that bring gloves stock price down whenever news of vaccines come out!!!

Posted by stockraider > 2020-08-31 11:03 | Report Abuse

Even covid here to stay it does not mean more gloves users mah..!!

Its demand may have peaked mah...!!

Ask yourself who are the gloves users ??
Mainly medical personnels mah...!!

How many medical personnels are there leh ??
It is limited mah, it does not grow overnight loh..!!
U already factor in they have more frequesnt use of gloves that means thats all loh....Demand already peaked mah...!!

Posted by kfliau > Aug 31, 2020 10:55 AM | Report Abuse


stay invested in supermx. Discard all the noises. Covid is here to stsy for a long time though not to my liking

Posted by gemfinder > 2020-08-31 11:05 | Report Abuse

No disease wil eradicate completely la. Gloves is just a temporary measure.

Posted by stockraider > 2020-08-31 11:12 | Report Abuse

To be fair some F&B workers do wear gloves but these are minority loh...!!

I ask the staffs why some wear gloves & some don wear leh ?

They told me for facemask the company give free everyday but for gloves they use own money to buy loh...!!

Posted by EatThis > Aug 31, 2020 11:03 AM | Report Abuse

I eat out everyday. Even the waiters and waitresses wear gloves. Think the trend will stay for quite a while.


Posted by gemfinder > Aug 31, 2020 11:06 AM | Report Abuse

U eat where oh? Waitres wear gloves,? They dun even eesr mask properly. Dum bullshit la

Posted by stockraider > 2020-08-31 11:19 | Report Abuse

Just imagine, they use own monies to buy gloves...how many can afford sustainably leh ? not many loh....!!

Stop dreaming loh....they are not many other users other than medical workers loh..!!

That indicate growth scope limited for gloves loh...!!

Posted by stockraider > 2020-08-31 11:29 | Report Abuse

Yes Raider is a supporter of vaccine, but if u r uncomfortable with vaccine, buying banks esp quality Pbank stand a better investment preposition than gloves loh...!!

Posted by jsseah > 2020-08-31 12:00 | Report Abuse

https://edition.cnn.com/world/live-news/coronavirus-pandemic-08-30-20-intl/h_e9af8e17433e55f0d421ce4159a274ea

Posted by AxeCapital2077 > 2020-08-31 12:11 | Report Abuse

@observers Ceos and directors are in no way mandatory to take any stance of the situation here. If lets say they do announce anythin, this will bring alot of attention to their companies and the markets as well as glove stocks are sort of a taboo/ casino market play for the past 4 months. If the stock drops alot after their announcement, alot of ppl will cry foul saying syndicate play this la that la. the best way is to let the market react itselves as it moves alongside with sentiments. if covid cases are up and no vaccine in play, theres nothin to worry about

Posted by AxeCapital2077 > 2020-08-31 12:12 | Report Abuse

all they can say is look profits are up and we are expanding operations, increasing asps etc etc

Posted by AxeCapital2077 > 2020-08-31 12:12 | Report Abuse

and they have said this already countless of times

Posted by loquezila > 2020-08-31 12:21 | Report Abuse

glove fact : demand for exceed supply
vaccine fact : in progress & real but final stages maybe the middle of next year, but ppl who always shout out about it only share fake & misleading info.

Posted by SEE_Research > 2020-08-31 12:56 | Report Abuse

SEE_Research Supermax /7106

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=============================================
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Posted by stockraider > 2020-08-31 14:02 | Report Abuse

When peak demand

excess capacity and many competitors coming

vaccine coming

Where got future growth leh ??

Posted by geary > Aug 31, 2020 1:57 PM | Report Abuse

PZOGRO In US, ppl buying Apple Tesla until stock split today’s also keep pushing higher; but Malaysian will normally do the other way. Buy before stock split and Sell after stock split! That’s Malaysian! Happy Merdeka!
31/08/2020 1:47 PM

For counter with high earnings growth...still have legs to run...plus there are final n special dividend...o:-)

Posted by Ibelieve > 2020-08-31 14:38 | Report Abuse

Kids argued here and CEO of the 7 companies need to stand forward and explain for each and one of you? Based on your argument? That's kinda silly.
By the way, for vaccine followers, quickly go grab your vaccine jabs now while stock last... Eh, not open yet ah? Or no dare? Come on, be our white mouse... You'll get rewarded from the vaccine-related stocks....

Posted by inoutking > 2020-08-31 15:36 | Report Abuse

Ibelieve.....haha good points

Posted by Jo1234 > 2020-08-31 15:53 | Report Abuse

India Is Becoming the World’s New Virus Epicenter ["https://www.bloomberg.com/news/articles/2020-08-31/india-becoming-virus-hotspot-to-watch-with-cases-to-top-brazil"]
Covid-19 new cases hit 78,000 per day!

Posted by averageguy90 > 2020-08-31 16:18 | Report Abuse

comfort to fly next week -along with tg and supermax

Posted by LiimInvest > 2020-08-31 16:19 | Report Abuse

Coronavirus outbreak
Alarm as FDA willing to issue Covid-19 vaccine before stringent safety testing

FDA under intensifying pressure from Trump, who wants to see a vaccine come on stream or ready to announce before the election
Ed Pilkington in New York
@edpilkington
Sun 30 Aug 2020 21.12 BST

Public health experts have reacted with alarm to remarks by the head of the US Food and Drug Administration (FDA) that he might give the green light for a US Covid-19 vaccine before the normal clinical trial process had reached its conclusion.

As the US was on the verge of 6m coronavirus cases on Sunday, Stephen Hahn, the FDA commissioner, told the Financial Times in an interview published on Sunday that he was prepared to issue emergency use authorization for a Covid-19 vaccine before the end of Phase 3 human trials that put the drug through stringent testing for safety and efficacy.

He said the standard he would apply instead would be “that the benefit outweighs the risk in a public health emergency”.

Hahn told the newspaper that his decision would not be swayed by political pressure amid the febrile atmosphere of the upcoming US presidential election. “This is going to be a science, medicine, data decision. This is not going to be a political decision,” he said.

But several public health experts expressed their concern on Sunday about an apparent willingness to consider fast-tracking a vaccine outside what is considered the gold standard testing process.

The FDA has come under intensifying pressure in recent weeks from Donald Trump, who wants to see a vaccine come on stream or ready to announce before the November election, and has a public-private vaccine development funding program underway called Operation Warp Speed.

Trump has openly attacked the FDA, baselessly citing a supposed “deep state” within it of dragging its feet on the vaccine approval process, despite no evidence to support the latest version of a right-wing conspiracy theory that even one of its most enthusiastic, original Trump administration propagators, Steve Bannon, has dismissed.

The number of confirmed cases of Covid-19 was approaching 6m in the US by Sunday afternoon, according to figures from Johns Hopkins University, while recorded deaths stand at a catastrophic 182,612 – almost a quarter of all global fatalities.

Over the weekend California became the first state to pass 700,000 confirmed cases.

Since the beginning of the pandemic in January, Trump has consistently downplayed the severity of the crisis and sidelined scientists, including those at the FDA.

Hahn has been criticized for misleading the public about the efficacy of convalescent plasma treatment which takes blood plasma from Covid-19 survivors and injects it into sufferers.

At a White House media launch last week Hahn, standing beside Trump, said the plasma treatment would save 35 lives out of every 100 patients when in fact studies put the figure at 3 to 5 lives. He was forced to apologise.

Scientists and public health specialists were quick to issue warnings about Hahn’s comments about cutting short the vaccine trials.

Dr Angela Rasmussen, a virologist at New York’s Columbia University, said: “We absolutely cannot tolerate or accept an emergency authorization for any Covid-19 vaccine without reliable safety and efficacy data from phase three clinical trials”.

Writing on Twitter, she said it would be unethical to give the go-ahead before the trials had conclusively proved that both the safety and efficacy of the vaccine.

It would place “huge numbers of people at risk for massive potential harm” and would deal “a catastrophic blow to public confidence in both vaccines and the regulatory mechanisms in place”, she wrote.

Eric Topol of the Scripps Translational Research Institute said that it would take many months for the safety of the vaccine to be fully determined at trial, “irrespective of Stephen Hahn’s subservience to Trump… Any shortcuts will imperil the ultimate rollout of the vaccine and lose the public trust for getting immunized, which is already compromised.”

Hahn’s predecessor as head of the FDA, Scott Gottlieb, told CBS’s Face the Nation that “I don’t know what is meant by saying before the phase 3 trials are completed… They are going to wait for these trials to read out before they can make a decision about the efficacy of these vaccines.”

The news earlier this month that Russia had produced a vaccine was greeted with widespread skepticism because it had been approved and was being given to people, including one of Vladimir Putin’s daughters, before phase three trials

Posted by gemfinder > 2020-08-31 17:03 | Report Abuse

https://www.theedgemarkets.com/article/glove-mania-lost-steam-august-interest-shifted-covid19-vaccine-proxy

Posted by Jo1234 > 2020-08-31 17:15 | Report Abuse

Malay Mail

HOMEMALAYSIA
As imported infections continue, Health Ministry braces for possible winter spike in Covid-19 cases

Monday, 31 Aug 2020 01:14 PM MYT

Health director-general Tan Sri Dr Noor Hisham Abdullah said a mutation of the Covid-19 virus has made it more infectious. — Bernama pic

PUTRAJAYA, Aug 31 — The Health Ministry (MOH) is already looking four months ahead by preparing for a possible spike of Covid-19 infections due to winter weather conditions in several other parts of the world. 

Health director-general Tan Sri Dr Noor Hisham Abdullah although the country’s infection rate is now under control, developments in other countries, such as what happened in India, Korea, Japan, Spain and France that saw an increase in cases during cold weather conditions must be considered. 

“So, our concern is that there would be an increase in cases during that period and due to this we have to make preparations,” he told Bernama when met after attending the National Day 2020 celebrations at Dataran Pahlawan Negara here today. 

At the same time, Dr Noor Hisham said a mutation of the Covid-19 virus has made it more infectious and as such, he urged the people to always be on their guard and strictly comply with standard operating procedures (SOPs). 

He said as there is still no proven vaccine in sight, the ministry would continue to carry out control measures.

“Through these measures, the people must comply with SOPs while on our part we prepare in terms of laboratory, clinics and hospitals in which if there is a case surge we would be able to control the situation,” he said. 

Through its public healthcare system, Malaysia had been able to contain the pandemic through early detection of clusters, Dr Noor Hisham said. 

“However, we will still need strong cooperation from the people when it comes to breaking the chain of Covid-19 infection,” he said. — Bernama

Related ArticlesIsmail Sabri: 253 arrested, 32 remanded for various RMCO violationsJapan considers tax reform to lure foreign financial firms, annual policy saysPAS spiritual leader likens minister who broke self-isolation to Quranic ‘hero’, blames Health, Foreign Ministries for negligence



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Posted by mf > 2020-08-31 17:17 | Report Abuse

Glove mania lost steam in August as interest shifted to Covid-19 vaccine proxy
Wong Ee Lin
/
theedgemarkets.com

August 31, 2020 16:15 pm +08

Posted by stockraider > 2020-08-31 17:18 | Report Abuse

Today good tomorrow bad loh...!!

Most monies are lost this way mah...!!

Over capacity & intense competition is coming & vaccine is coming loh!

Posted by GiantPanda > Aug 31, 2020 4:14 PM | Report Abuse

The fact is SUPERMX

Prepayment received from customers 892 Million and keep coming longer delivery lead time

Customers paying 30%, 40% and 50% deposits in advance to secure supply

892M / 40% = 2.23 Billion = RM 2,230,000,000 (10 figures!!!!!!!!!!) revenue secured and increasing

2.23 Billion * 44% profit margin = 981 Million (RM 981,000,000)

981 Million - 15% discount = *** 834 Million *** profit Visibility for the next quarter (July to September) you can’t find in any other Bursa companies

SUPERMX is really the Best of the Best!!!


Note:
~ Other Companies ~
you Guess you Wish you Worry what will be the next Gloomy quarterly result during this difficult time
*You worry Coronavirus 2nd wave, 3rd wave,…New Strains MUTATIONS, Re-Infections
*You worry Syndicates sharks Pharma stocks Empty Talks vaccine news rumors Nothing approved by WHO yet NO PROFIT YET goreng trap investors
*You worry Economic Downturn recession
*You worry what RMCO extended what if MCO again
*You worry Politics Instability delay projects delay of contracts award. After new election, minority weak government also headache, U-Turn, cancel contracts, etc.
*You worry USA Election early November
*You worry Trade War escalation
*You worry Nasdaq bubble burst Tech stocks overvalued
*You worry dividend stocks Stopped paying dividends
*You worry Geopolitical conflicts Regional tension
*You worry Oil Price CRASH again
*You worry worldwide Coronavirus cases hit OVER 25 MILLIONS
*You worry Autumn & Winter coming Seasonal Flu + Coronavirus = Twindemic

= SUPERMX =
you can Calculate you can See Clearly Already what will be the next Superb another Record High quarterly result for Jul to Sep 2020 of SUPERMX from the Quarterly Report and Briefing Report. The management already breakdown all the costs showed you the
$$$ HIGHER and HIGHER ASP
$$$ SOLD OUT CAPACITY
$$$ HUGE ORDER BOOK
$$$ LONG DELIVERY LEAD TIME
$$$ EXTREMELY POWERFUL OBM + OWN DISTRIBUTION NETWORK Streamlined Business Model removed all the middlemen
$$$ DOUBLE INCOME STREAMS
$$$ SUSTAINABLE STRONG EARNINGS EVEN POST-COVID19
*NO WORRIES
$$$ 1 for 1 Bonus Issue
$$$ 1 for 45 Share Dividend

SUPERMAX - OBM - X !!! REVALUATION IMMINENT !!!
https://klse.i3investor.com/blogs/freetospeak/2020-08-21-story-h151242...

The decision is yours

Posted by Jo1234 > 2020-08-31 17:23 | Report Abuse

NBC News
COVID-19 reinfection reported in Nevada patient, researchers say
Erika Edwards and Akshay Syal
August 29, 2020, 3:52 AM GMT+8

A Nevada man appears to be the nation's first confirmed case of COVID-19 reinfection, researchers say.

The case is detailed in an online preprint, a study that has not yet been peer reviewed before officially being published.

Full coverage of the coronavirus outbreak

The case involves a 25-year-old man living in Reno, Nevada, who first tested positive for COVID-19 in mid-April. He recovered, but got sick again in late May. The second time around, his illness was more severe.
Researchers reported that genetic sequencing of the virus revealed that he had been infected with a slightly different strain, indicating a true reinfection.

It's still unclear why the patient was reinfected. The cause could lie in his immune system, the virus itself, or a combination of the two.

Mark Pandori, director the Nevada State Public Health Laboratory and one of the authors of the report, stressed that reinfection with the coronavirus appears to be rare. This is the first instance reported in the U.S. among the nation's nearly 6 million cases so far, and "may not be generalizable" to the public, Pandori said.

Still, he urged caution. "If you've had it, you can't necessarily be considered invulnerable to the infection" again, said Pandori, who is also an associate professor of pathology and lab medicine at the University of Nevada, Reno School of Medicine.

"The evidence so far suggests that if you've been infected and recovered, then you're protected for some period of time," Dr. Ashish Jha, director of the Harvard Global Health Institute, said. "We don't know how long, and we're going to find individual cases of people for whom that's not true."

Indeed, on Monday, a case of COVID-19 reinfection was reported in Hong Kong -- the first such confirmation of reinfection during the pandemic. Two European patients, one in Belgium and one in the Netherlands, were also reported this week to have been reinfected with the virus.

But in those instances, the patients did not get sick the second time around, or they developed much milder forms of the illness than their first infection.

"You'd expect the second time around people to have much milder or ideally no symptoms," Jha said. That's because the immune system should be able to mount a more robust response, and the Hong Kong case was "completely consistent with that."

Download the NBC News app for full coverage of the coronavirus outbreak

In the Nevada case, however, the man got sicker the second time. When he was first infected, he had typical symptoms for the coronavirus: headache, cough, sore throat, nausea and diarrhea. Within about 10 days, the symptoms cleared up, and he tested negative for the virus.

But a month later, on May 28, he started feeling sick again, experiencing dizziness as well as the previous symptoms.

The illness did not clear up quickly this time. Within a week, his blood oxygen level fell dangerously low. He needed help breathing, and was hospitalized. Once again, the man tested positive for SARS-CoV-2, the virus that causes COVID-19.

"That's very concerning," Dr. William Schaffner, an infectious disease expert at Vanderbilt University Medical Center in Nashville, said.

Story continues

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Posted by Jo1234 > 2020-08-31 17:26 | Report Abuse

https://www.thestar.com.my/news/world/2020/08/30/russia039s-coronavirus-infection-tally-climbs-to-near-one-million
Russia COVID-19 infection nearing 1 million!

Posted by stockraider > 2020-08-31 17:43 | Report Abuse

U just look at facemask mah...!!

It is atonishing that almost everybody in this world are using facemask, yet the facemask price keep dropping & dropping loh..!!

Why leh ??
Over capacity & intense competition for facemask thus price collapse mah...!!

Samething what happen to facemask would happen to gloves loh...!!

Bcos both facemask & gloves are commodities....thus subject to price collapse mah....!

Next Gloves selling price is likely to collapse due to glut loh...!!

Posted by Jo1234 > 2020-08-31 18:06 | Report Abuse

The barrier of entry into Glove Industry is much higher than making masks :
1. Higher costs to manufacture glove
2. High quality requirements by hospitals.
3. Tough certification process
4. Longer time required to set up glove lines
5. Branding is important.
6. Raw materials supply are very limited and not easily available for new entries

Posted by Jackthejeep > 2020-08-31 18:12 | Report Abuse

Most glove machines, China can produce cheaper probably half the cost, labor also cheap, raw materials? China can sapu if they want

Posted by Jackthejeep > 2020-08-31 18:13 | Report Abuse

Time to wake up dy glove holders, dont make directors so rich until they become billionaire, stop feeding the rich and focus on the vaccine so people can go back to normal life

Posted by Jo1234 > 2020-08-31 18:17 | Report Abuse

Petronas and LG Chem JV to build manufacturing plant to make nitrile butadiene latex to supply to Glove companies. Plant construction starts 2021 and production starts 2023.

Posted by Jo1234 > 2020-08-31 18:20 | Report Abuse

___
BUSINESS DEALS
Malaysia's Petronas and LG Chem to build glove material plant
State energy firm moves into nitrile as COVID-19 spurs demand for protective gear


Malaysia's state energy company Petronas is hoping to tap growing demand for nitrile gloves used in the health care industry. © Reuters
P PREM KUMAR, Nikkei staff writer
August 24, 2020 18:07 JST
KUALA LUMPUR -- State energy company Petroliam Nasional, better known as Petronas, and South Korean chemical giant LG Chem have inked an agreement to build a manufacturing plant in Malaysia to produce nitrile butadiene latex -- a core raw material for making synthetic rubber gloves.

The manufacturing plant is slated to begin production in 2023 to tap the growing market for rubber gloves, in which Malaysia is already a global leader. Major manufacturers in the country include Top Glove, Hartalega and Supermax.

Construction of the plant will begin in 2021 at Petronas' petrochemical complex in the southern state of Johor, and it will have an initial production capacity of 200,000 tons of nitrile butadiene latex a year, the company's chemicals arm, Petronas Chemicals, said in a statement on Monday. No investment values were disclosed.


Nitrile butadiene latex is a synthetic rubber that uses butadiene as the main feedstock and is a core raw material for making nitrile gloves, which are widely used in health care and the food industry. Nitrile gloves are gaining traction against their natural rubber counterparts thanks their improved durability and chemical-resistance features.

Recently, the use of nitrile gloves has surged amid efforts to prevent the spread of Covid-19 and other infections. Demand is growing at more than 10% a year on average and nitrile gloves are expected to account for 70% of the entire latex glove market in 2024.

Petronas Chemicals says the partnership with LG Chem is timely given the steady growth in demand for nitrile gloves globally, and will help create new revenue streams and open up new markets by the two companies' resources. The plant is will offer various grades and new applications of butadiene latex, as well as develop high-value-added products through research and development and investment, the company added.

"It provides a compelling entry point into the growing nitrile butadiene latex-based products and enables Petronas Chemicals to enhance its presence in attractive end-markets, especially for personal care and healthcare, mainly in the Asia-Pacific region," Petronas Chemicals Managing Director Sazali Hamzah said.

For Petronas Chemicals specifically, Sazali said the partnership with LG Chem will further strengthen the pursuit of its growth agenda following the acquisition of a silicone player last year. "With more specialty chemicals in our portfolio, we are moving into segments with higher growth potential," he said.

In 2017, Petronas inked an agreement with Saudi Arabian Oil Company, also known as Saudi Aramco, with the latter investing $7 billion for a 50% stake in refinery and cracker plants in a $27 billion refineries and petrochemical integrated complex in Johor.

Petronas Chemicals, which released its second-quarter financial results last week, saw its net profit for the three-month period fall 83% to 186 million ringgit from 1.11 billion ringgit registered in the second quarter of 2019. The company blamed the weak performance on lower plant utilization rates and decreased production volume and sales volumes, all related to the aftermath of the coronavirus pandemic, which forced Malaysia to impose a three-month lockdown.

Revenue for the three-month also fell 26% to 3.17 billion ringgit from 4.33 billion ringgit a year ago.

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Posted by Jo1234 > 2020-08-31 18:29 | Report Abuse

China glove industry is not as competitive as Malaysia's World Class Glove Companies. Partly this is due to limited raw material supply and supply network inadequacy in China. Moreover, the Western countries especially USA always prefer to less rely on China

Posted by Tanlp > 2020-08-31 20:56 | Report Abuse

https://www.investing.com/news/coronavirus/scientists-see-downsides-to-top-covid19-vaccines-from-russia-china-2281118

Posted by Ibelieve > 2020-08-31 22:05 | Report Abuse

Tanlp just shared what I just saw on Reuters, would that scare off the vaccine investors tomorrow? Nevermind bout glove counters, but will Vaccine counters limit down or gap down tomorrow? Ha
Jackthejeep talked making vaccine like planting mango tree at our backyard... Ha

Posted by Jo1234 > 2020-08-31 22:26 | Report Abuse

https://www.bloomberg.com/news/articles/2020-08-31/india-becoming-virus-hotspot-to-watch-with-cases-to-top-brazil

India now tops 78,000 per day new cases

Posted by JohnnyBravo69 > 2020-08-31 22:30 | Report Abuse

Stay away, con man pushing

Posted by KK > 2020-08-31 22:39 | Report Abuse

OPR TO CUT BY 25 BASIS POINT FROM CURRENT 1.75% TO 1.50%?
Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead.

Bank Negara to announce opr cut again... that means more retailer money going into Bursa.