New cases of 'double mutant' COVID-19 variant detected in U.S. state 12021-04-09 14:29:44CGTNEditor : Zhang MingxinECNS App Download Special: Battle Against Novel Coronavirus Five new cases infected with a "double mutant" of COVID-19 variant have been identified in the San Francisco Bay Area, California, CNBC reported on Thursday. The new cases were identified days after the area reported the first such case.
The variant was first detected in India last month. It was dubbed "double mutant" as it carries two mutations of SARS-CoV-2 strains E484Q and L452R.
These mutations are not new. The E484 was also present in the variant that was first detected in South Africa and Brazil. And the L452R mutation was observed in the U.S. and Europe, but the new variant carries both of them. "Something that has not been seen in other variants," the CNBC reported.
It is suspected to be more contagious and reduce the effectiveness of existing vaccines.
"We don't quite know that yet, although these mutations I've talked about have been associated with increased transmissibility," Dr Benjamin Pinsky, medical director of Stanford's clinical virology laboratory, which discovered the new variant in the U.S., said in the ABC7's show "Getting Answers" on Wednesday. "In fact, in India, this new variant accounts for 15 to 20 percent of cases in one particular state."
It also remains unknown whether the vaccines will be less effective against the variant, but researchers have some information on experiments on the individual mutations suggesting that "antibodies will be less able to neutralize" the variant, Pinsky added.
It will be exciting for Comfort tomorrow morning: (1) if there had been many short term players last few days, they are likely to contra off cos it has gone up quite significantly (2) if the market believes that at RM2.76 it is still cheap considering the PE is still less than 5X, many will cramble to load it up. The drastic increase in infection cases all over the world would attract many investors to the glove sector. I am cautiously optimistic about the sector's prospects and tend to believe that the counter will continue with its upward trend. Good chance it will hit RM3.00
Sleep well and we meet in the market place again tomorrow.
It looks like, for this round, the fund managers prefer to buy into the smaller glove counters incl Comfort rather than the top 4 counters. Its common sense, the smaller counters have more room for growth and in % terms the shares are likely to go higher.
Keep your Comfort shares and you will feel more comfortable.
It is in the interest of Comfort to keep the share price high so that they can justify a higher conversion rate ( warrant to mother share). With higher conversion rate, the company can raise more money from the conversion exercise.
I doubt Comfort will allow the shorties to come in and spoil the party.
I strongly believe the syndicate will help to push up the mother share price before they confirm the conversion rate.
On this basis, the price of Comfort shld continue to go up.
The cockroaches could smell that it was going to turn green. That must be the reason for them to stay put in the closet.
Aggressive buying in the dying minutes. Close RM2.76. Hopefully they get more aggressive after lunch and most of us will be laughing all the way to the bank.
If the shorties are not around, Comfort could have easily hit RM2.90 by now. Anyway Comfort is going to win the battle, no matter what. That would be good cos that would mean the shorties will be out of money, if Comfort keeps rhe price high all the time.
...........certainly seems like it has manifested in Kossans results.............gona be an exciting results season.......surely above expectations of most....
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New cases of 'double mutant' COVID-19 variant detected in U.S. state
12021-04-09 14:29:44CGTNEditor : Zhang MingxinECNS App Download
Special: Battle Against Novel Coronavirus
Five new cases infected with a "double mutant" of COVID-19 variant have been identified in the San Francisco Bay Area, California, CNBC reported on Thursday. The new cases were identified days after the area reported the first such case.
The variant was first detected in India last month. It was dubbed "double mutant" as it carries two mutations of SARS-CoV-2 strains E484Q and L452R.
These mutations are not new. The E484 was also present in the variant that was first detected in South Africa and Brazil. And the L452R mutation was observed in the U.S. and Europe, but the new variant carries both of them. "Something that has not been seen in other variants," the CNBC reported.
It is suspected to be more contagious and reduce the effectiveness of existing vaccines.
"We don't quite know that yet, although these mutations I've talked about have been associated with increased transmissibility," Dr Benjamin Pinsky, medical director of Stanford's clinical virology laboratory, which discovered the new variant in the U.S., said in the ABC7's show "Getting Answers" on Wednesday. "In fact, in India, this new variant accounts for 15 to 20 percent of cases in one particular state."
It also remains unknown whether the vaccines will be less effective against the variant, but researchers have some information on experiments on the individual mutations suggesting that "antibodies will be less able to neutralize" the variant, Pinsky added.