Gloves and all healthcare are classified under essential services. Similar to MCO 1.0 it should NOT be closed down. Anyways wait for announcement. Stop speculating.
brian3381, Gloves are so called PPE. it can never close shop. If you close down PPE suppliers, that time everyone n everything really 'close shop' like you want it to.
Kedah ICU have to choose which patient to prioritize. Less chance for recovery are taken away to give chance to live for those with higher chance of recovery. becoming like india.
【新冠肺炎】美确诊和死亡创新低 有医院患者清零 (华盛顿24日讯)美国新冠肺炎疫情正在逐渐改善,单日新增确诊低于3万起,这是自去年6月以来的首次,而其单日死亡病例也降至去年夏季以来的最低水平。其中加州三藩市最大的医院之一San Francisco General Hospital,在上周四首次出现零新冠肺炎患者,是疫情爆发以来首次出现。
KUALA LUMPUR (May 25): Rubber glove counters continued to lose momentum today, as investors offloaded their shares following the rise in Covid-19 vaccination rates in the country.
Last time before record cases news out gloves stock ready skyrocket but this time more higher case price drop more , it signals all the holders better cut loss n run now atleast can save some capital !
After cut loss and gloves go back up 30%... Nothing good to invest in nowadays. All other counters are too expensive, have run up 50-100%, higher risk of corrections and have shit earnings for the next 1-2 years. Gloves only... look like a cheap buy with great earnings but too many shorts and the sentiment is the worse. Take your pick...
Those who bet on vaccines, please read why the whole world still playing them cautiously, it's proven current vaccines do so effective against the new variants.
So low volume and total out of interest for gloves... Run up and back to square one again. Just have to hold for long term and dividend. Unless there is another news on Virus or Vaccine... let's see.. nothing good to buy now. All other counters are just too expensive or recovered price already.
KUALA LUMPUR (May 28): Canada is investigating allegations of forced labour in Malaysia's palm oil and glove manufacturing industries, the government said on Friday.
Malaysian firms, which includes some of the world's biggest palm oil and rubber glove producers, have faced increasing scrutiny in recent years over reports of labour abuses.
Employment and Social Development Canada told Reuters in an email that its Labour Programme was "actively researching a number of forced labour allegations in different countries and sectors, including palm oil and glove manufacturing in Malaysia".
It declined to provide further details or name specific companies being probed.
Aiya, this company is making good money and got good dividends and free warrants for many QTR to come. Also has gone down 70% from high. It is so cheap now compared to recovery counters. No more bargains there as their price already exceed Pre Pandemic. This has Not much risk now since all the bad news is out and Covid cases increasing...
ok shearer202. can. let all glove drop. become 20 cents better. make dividend yield become 200%. u buy 20 cents dividend 40 cents ok? until they no more money or maybe until close shop. then only you happy?
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5c0160
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Posted by 5c0160 > 2021-05-20 20:51 | Report Abuse
ks5S, is tintin call u say only glove factory can continue business? MCO all close shop.