The latest guidance from the Centers for Disease Control and Prevention states that the "Occupational Safety and Health Administration (OSHA) regulations have not typically required gloves to be worn when administering vaccines unless the person administering the vaccine is likely to come in contact with potentially infectious body fluids or has open lesions on the hands. ***** In the setting of the COVID-19 pandemic, gloves should be worn when administering intranasal or oral vaccines." The CDC notes that if gloves are worn while administering a vaccine the healthcare worker should change them between each patient and observe proper hand-washing hygiene. *****
Nitrile glove will be short well into 2022, probably 2023 and beyond if Covid-19 vaccine efficacy wane after 1 or 2 years, worse still merely 4 months like flu-vaccine. You should hold-on to your ticket or consider to top up as it is greatly undervalue low.
MyEG will be the sole distributor of the vaccine in Malaysia upon successful completion of the phase three trials, it said in a statement.
PETALING JAYA: My E.G. Services Bhd has entered into a memorandum of understanding (MoU) with Anhui Zhifei Longcom Biopharmaceutical Co Ltd to conduct phase three clinical trials and subsequent commercialisation of its Covid-19 vaccine in Malaysia.
MyEG will be the sole distributor of the vaccine in Malaysia upon successful completion of the phase three trials, it said in a statement.
Under the terms of the contract, the companies will strive to achieve compliance to halal status requirements to secure halal certification from the Department of Islamic Development Malaysia and ensure increased acceptance from the global Muslim population.
Zhifei is a subsidiary of Chongqing Zhifei Biological Products Co Ltd which is listed on the Shenzhen Stock Exchange and has been engaged in the biological products industry since 2002, particularly the production of vaccines for human use.
It is presently one of five Chinese companies conducting phase three clinical trials of the Covid-19 vaccine in various parts of the world.
The MoU is valid for three years from the date of signing and may be further extended upon mutual agreement.
The contract is not expected to have any material effect on the net asset per share and gearing of the company for financial year 2020 (FY20) but is expected to contribute positively in FY21 upon successful completion of the phase three trials and commercialisation of the vaccine.
TGlove's next qyrly profit likely to exceed RM2 bil. This will have spillover effects on the prices of other glove counters invl Comfort. Sure everybody here will be laughing all the way to the bank.
Many thanks to the US report, that act as the silver lining to glove counters, their much awaited rebound. When TG jinks are over, will challenge the 5th heaven again.
If you watch this video on coverage for the vaccine given in UK to the first patient. The nurse not even use any gloves but bare hands. Guess we dont need any gloves in giving vaccine ... this misconception need to be address.
If one patient can lah not use glove later after inject wash hand or sanitize hand... but imagine after injecting 10 patient, sure hand gg liao stop being stupid glove is still needed
Ya... this counter together with the small 2 gloves are volatile... Up 9%, down 4%. Anyway, I am still hopeful for a Slow gradual uptick to 5 by Q1 next year. Not going to be like before. Gloves lost steam now that everyone is talking Vaccine even though it is so far away from recovery.
All sophisticated investors should sincerely think of diversifying your portfolio with recovery plays
The top pick is Genting Berhad
Catalysts:
Vaccine FDA EUA (emergency use authorisation) and Full Approval Vaccine roll outs (UK, Russia; imminent US etc) Year end / CNY rally and Super Cycle Vaccine Malaysia approval/supply agreement/delivery/administering Resorts World Las Vegas & Resorts World Genting Theme Park US & Bahamas and UK & Egypt revivalWHO / COVAX approves and distributes vaccines WHO declares pandemic over Border opening / international visitors Genting Plantations (CPO record high) Genting Power, Property, Oil & Gas (cyclical sector in an upcycle)
Sincerely, EMSVSI
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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....
selesa2020
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Posted by selesa2020 > 2020-12-07 13:35 | Report Abuse
Well another sell down due to vaccine hypes, nothing to fear. Keep adding.