Jpm short or not, it depends on who want to sell so low to jpm. We don't mind hold the share for 5 years or 10 years, our small money doesn't make much different. JPM billions can stuck here with us if he wants. EPF can continue to lend share to JPM for shorting. Bursa can continue allow them to short. Bursa is killing Malaysia market. Nowadays everyone can trade hkex or dji or nasdaq. Soon they will find they are no more fish for them to fish because the ponds had dried out.
lousy for you because you are short term horizon. lol. not lousy if you are in long term. anyway if you are in long term your entry would probably be below rm1 already. what so lousy still got 100 percent return as of now. lulz
If you're a so-called long term investor, you would have bought before pandemic started. You were just speculating and got trapped at high floor and now deemed yourself as long term holder. How hilarious.
The most funny is you still think someone would chase up high to get you released..
If break above 2 is a good sign... Another few trading Green days will be better. All gloves are oversold/shorted heavily recent. Will not be low for a long time as Covid is here to stay....
its lousy because everyone should've sold last year in aug-dec period. when us and europe showed signs of recovery, less cases. And everyone knows the data that asp will be reduced if not by a large margin. That period alot of malaysian investment banks come out of report saying gloves are here to stay, revenue going up bla bla bla, but at the end they just wanna cash out at higher price so that aunty unvle retailers will buy theyre bags. Now they are completely out and investing in US and China. I have come here to warn every investor that is still in this counter since last year september, dont let the directors get rich off your position. Invest elsewhere
by the way dividend of 0.04 is nothing short of a middle finger to the shareholders, theyre cash postion is so huge they can pay at least 2.5 times that
When you take a ride, get out at your desired destination otherwise you will pay for the journey to a place you do not wish to go and pay for the journey back. Don't forget this is a RSS stock ripe for shorting due to a large number of negative calls by "analeeches" who leech off the greed of man. Wait for the next opportunity.
KUALA LUMPUR (Bernama) -- My E.G. Services Bhd has signed a letter of intent (LOI) to purchase 10 million doses of Anhui Zhifei Biopharmaceutical Co Ltd’s COVID-19 vaccine, ensuring that the corresponding quantity of its recombinant protein subunit vaccine is reserved for delivery as early as August.
In a filing with Bursa Malaysia, MYEG said it holds three-year rights to exclusively distribute the vaccine in Malaysia while through a separate partnership, the group has two-year exclusive distribution rights to the vaccine in the Philippines and is presently in discussions to distribute in other countries.
"Last week, MYEG announced plans for the roll-out of a vaccination programme in the Philippines that will cover the provision of the vaccines to the public health segment as well as private sales,” it said.
The LOI is to ensure that the corresponding quantity of Zhifei’s recombinant protein subunit vaccine is reserved for delivery as early as August when vaccination through the private market is enabled.
"This paves the way for the vaccine to be imported and made available to Malaysians as soon as the private market commences and subject to the conditional authorisation of the vaccine by the National Pharmaceutical Regulatory Agency (NPRA),” it said.
The cost of the vaccine will be determined later subject to the conditional authorisation by NPRA.
MYEG said it is confident that when the Zhifei vaccine becomes available locally, it can play an important role in accelerating the country’s drive towards achieving herd immunity against the COVID-19 virus.
Jointly developed by Zhifei and the Institute of Microbiology of the Chinese Academy of Sciences, the vaccine has fast emerged as among the preferred vaccines in China since gaining emergency use authorisation there in early March in view of its distinct inherent advantages as a recombinant protein subunit vaccine. More than 60 million doses have already been administered in more than a dozen provincial-level regions, including Beijing. The vaccine is also being used in Uzbekistan.
Recombinant protein technology is proven, having been used for the development of vaccines such as hepatitis B and shingles.
In addition, recombinant protein vaccines can be more easily produced at a large-scale since production does not need to be carried out in high-grade biosafety laboratories, and they are also more cost-effective and easier to store and transport.
Since the outbreak of the COVID-19 virus, MYEG has leveraged its strengths and expertise as a leading digital services provider in the region to introduce a number of significant initiatives as part of a holistic solution aimed at helping in the fight against the pandemic.
Besides vaccines, these offerings include screening services, quarantine management and digital health travel pass systems.
A kindergarten level question for reetarrded low IQ glove naysayers
Why do you think the glove tycoons, their family members and directors consistently buy so much of their company shares both personally and through company sbb from much higher price level?
a) Because their money are very cheap and made out of toilet paper.
b) Because they are a bunch of village eediots country bumkins who have too much money.
c) Because they are stoopeed and not as wise and knowledgeable as you.
d) Because they think they know their own business better than those fickle minded 9-5 spineless swaying to the wind type so called stock analysts.
P/E already 2.3... Drop to 1 is 1.1. Use some brain lah... If drop more, the company will go private. I would... given business will be good for the next few years..
Sure... Pfizer can make all the pill you want... Solve the Heart/Bone Marrow problems first ya? Delta is coming... This time, it is going to be worse as it will hit the kids more.
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Bgt 9963
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Posted by Bgt 9963 > 2021-06-24 16:47 |
Post removed.Why?