TG, Supermax, Kossan, Rubberex has agreed to support the government to fight covid, no windfall tax. the top 4 gloves donate a one-off rm400 million to the covid fund. The 2nd liner glove sure gap up huge next week!
Hehehee comfort is gearing up well for dec QR announcement with rm70-80mil PAT and no windfall tax or other ‘contribution’ ;) Can test previous high of rm7.28 with not much issue soon
Sinopharm Vaccine (linked to Kanger) is on track for full approval in November or December
“The most promising of these, developed by Wuhan-based Sinopharm, is already being given to frontline workers in the United Arab Emirates. According to Wu Guizhen, chief biosafety expert at the Chinese Center for Disease Control and Prevention, Sinopharm’s candidate is on track for full approval this month or next.”
My own opinion is if eager to earn profits from cw better try comfort-CB because the gearing ratio is strong and expiry date is aug 2021 still a long way for us to goreng ! Next 2 weeks sure can reach 0.30!
Glove counter still can shine for few weeks at least: 1) Without windfall tax! 2) Top 4 glove companies has shown their ability to donate total of 400m without any dispute. 3) Comfort get the free ride without donate anything. 4) Finance budget 2021 not favoring banking industry by allowing citizen to apply for memorandum, other industry such as construction got some allocation but not able to fully utilize due to current covid cases. Again, frankly speaking only glove industries shining at the moment. 5) Covid cases on 6/11/2020 reached highest 1755 cases in Malaysia and highest in US 132540 cases!!!, both M'sia & US reached highest in history so far. The world still need glove and the number is still increasing until an effective vaccine is introduced to the market. 6) US covid19 case alone just achieved 10,000,000 cases. 7) CMCO will be continued at certain states until not sure when but the covid cases keep on increasing with no mercy. 8) High possibility of Biden will win the US election and he supports on fighting covid only then with economy. 9) Next QR without hesitation, still making profit.
**I see no reason why comfort will not flying high next week. All the best guys
Vaccine boys better be humble, glove top4 are the ones that contribute for government to buy vaccine, vaccine distributors probably no money to buy also, they only buy bottles. And if plastic bottles, the earning probably goes to Mahsing and gang.
oooohh if vaccine is ready, better buy more glove.. front-liner will need to change glove for each different patients. this vaccine need 2 dosage.. glove demand x2!!!!!
please update more on vaccine readiness... glove company will need to ram up production again. no glove no injection. x2 dosage we talking about... glove profit up up all the way with no windfall tax
-NO wind fall tax -Biden won ...top glove ban will lift soon bring all gloves up -Friday Covid case hit new high 1755 in Malaysia -CMCO in all majority peninsula states -Donation good Corporate social responsibility (CSR) bring up company reputation - Nov not much glove Warrant mutual date
For vaccine related, potential beneficiaries may include pharmaceutical companies such as PHARMA (NR), DPHARMA (NR), BINTAI (NR), SOLUTN (NR) and HWGB (NR).
WHEN THERE IS VACCINE = BUY MORE GLOVE!!! 1 dosage for every each patients = 1 pair glove covid vaccine need 2 dosage. glove demand will x2 for the next few years.
Going for 5 this week. Next week 5.5... Looking up..! All bad news and uncertainty are Over...except for the Sore Loser Trump who still think he can win by suing. There is a few Sohais like that in the world...like the Doom and Gloom traders spreading fake news here.
buy more glove.. asp will keep increase... increasing profit margin
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Posted by David Coperfield > 2020-11-06 18:06 | Report Abuse
TG, Supermax, Kossan, Rubberex has agreed to support the government to fight covid, no windfall tax. the top 4 gloves donate a one-off rm400 million to the covid fund. The 2nd liner glove sure gap up huge next week!