Many hidden buyers waiting to eat up fast, after a few days of sellers drying up fast. Let's wait, be patient, the Complete Vaccine has already been trademark in US, now NGIO to be listed in Nasdaq
Anybody can give all short of ideas. Principle of commerce already stated long time ago, ' the price will go up if demand is more than seller n vice versa. Hope dont ask anymore y went down ok.
According to Malaysian Rubber Glove Manufacturers Association (MARGMA), global glove demand is about 330 billion pieces per year & estimated to grow at 10% annually
For 2021 global glove demand is expected to grow to 396 billion pieces versus the total production capacity of Malaysian glove factories of 280 billion pieces
While for 2022 global glove demand is expected to expand further to 475 billion pieces against the projected total production capacity of Malaysian glove factories of 363 billion pieces
While also, a research analyst from a local IB has also written that covid-19 vaccine deployment could in fact add another further new demand source of 18 billion pieces per year, assuming that 60% of the world's 7.5 billion people gets their vaccine in two doses annually
Bintai still keep its core business, nothing has changed, all still as b4 since 10 years ago. Only lately, Bintai has a new unit called Bintai Healthcare Sdn Bhd. This Bintai Healthcare has 4 shareholders, please refer to announcement dated 8 Oct 2020. Now in partnership with Generex Biotechnology Corporation from Miramar, Florida, US. Also this Generex has partners from China CDC, Beijing Guoxin Haixiang Equity Investment Partnership and Beijing Youfeng International Consulting for the development and commercialization of the li-Key-SARS-CoV-2 coronavirus vaccine in China.
Also monitor GNBT stocks - heavy buyup yesterday. Now hitting 0.43 USD. Maybe it is finally reaching the end of its vaccine venture and ready to show the product. Funds are moving in, as well as smart money. If its li-Key peptide based vaccine is successful, then it will be a gamechanger for current models. Check its fund profiles and you will know what is coming for its associates worldwide (including Bintai Kinden).
Cold boxes? Pfizer already has their own 'pizza boxes' to keep the vaccines in optimum storage temperature. Other vaccines too would probably have their logistics and cold storages figured out. How Bintai intend to 'sell their fridge to the eskimos' remains a BIG QUESTION MARK!
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ammar97
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Posted by ammar97 > 2021-01-20 07:06 | Report Abuse
Get ready, Generex share price goes up today. Bintai should goes up too. Hehe