Posted by Boston > 2022-01-04 16:00 | Report Abuse

Over 90% of 36000 masks producing factories in China closed down. Used to buy a normal box of masks for rm70...now rm5/box.

Posted by MorningGlory123 > 2022-01-04 16:13 | Report Abuse

India reports the highest number of daily Covid cases since early September

There were 37,379 new cases reported over a 24-hour period, government data showed Tuesday.

That was the highest reported figure since September and marked a sharp jump from the 6,358 cases reported a week earlier on Dec. 28.

Maharashtra and Delhi together account for around half of all cases in India attributed to the omicron variant.


https://www.cnbc.com/2022/01/04/india-covid-cases-omicron-variant-in-maharashtra-and-delhi.html

Posted by Investoz88 > 2022-01-04 16:14 | Report Abuse

Every country is different..

Pediatric Covid-19 hospitalizations have risen to record levels as omicron races across the U.S., amplifying the urgency to get boosters and vaccines cleared for children.

While the variant so far doesnt appear more severe than other versions in youngsters, the growing number of cases means more children are susceptible to serious illness.
New hospital admissions of kids with Covid-19 have increased 66% to 378 a day on average for the week ending Tuesday, according to data from the Centers for Disease Control and Prevention.

https://www.bloomberg.com/news/articles/2021-12-31/kids-covid-hospitalizations-reach-record-level-in-omicron-surge

Posted by amateurJR > 2022-01-04 16:31 | Report Abuse

Got new variant. Glovetards sure happy today

Posted by bsinvestor > 2022-01-04 16:36 | Report Abuse

glovetards so black heart

amateurJR Got new variant. Glovetards sure happy today
04/01/2022 4:31 PM

Posted by onhands > 2022-01-04 16:36 | Report Abuse

BLOOMBERG JANUARY 4, 2022 12:38 AM EST
More than a million people in the U.S. were diagnosed with Covid-19 on Monday as a tsunami of omicron swamps every aspect of daily American life.

The highly mutated variant drove U.S. cases to a record, the most — by a large margin — that any country has ever reported since the pandemic began more than two years ago. Monday’s number is almost double the previous record of about 590,000 set just four days ago in the U.S., which itself was a doubling from the prior week.

Posted by Up_again > 2022-01-04 16:37 | Report Abuse

Top Glove rm 1 billion inventory already close to the latest quarter revenue, with production operating at 55% as per latest Q report. They are way under utilized la

Posted by AdCool > 2022-01-04 16:40 | Report Abuse

U bought 15 pieces of mask per box is it? Else your mask must be recycle type.

Boston Over 90% of 36000 masks producing factories in China closed down. Used to buy a normal box of masks for rm70...now rm5/box.

Posted by UlarSawa > 2022-01-04 16:54 | Report Abuse

Not glove maker want also it will happen leh. Beyond glove lover control mah. You see JPM macai lagi black heart leh. Die die want TP 1.50 baru hapoy leh. Some hardcore one lagi teruk leh. wantv99sen 80sen 60sen 50sen pun ada leh. Correct?


bsinvestor glovetards so black heart

amateurJR Got new variant. Glovetards sure happy today
04/01/2022 4:31 PM
04/01/2022 4:36 PM

Posted by ken2004 > 2022-01-04 17:32 | Report Abuse

I just thinking this theory of over production making glove company performance worst than before pandemic time plain weird to me.

So, before pandemic time, TG earning 450 million++ annually, so over-production means analysis show that TG from 2022 onwards will be dropping maybe below 400 million annually?

Any such indication like maybe coming qtr only can earn maybe less than 100 million to prove this theory?

Plain weird to me as TG keep projection like glove consumption increase 10% each year, somehow their business should not be deteriorating.....

Posted by masterus > 2022-01-04 17:56 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/01/04/ringgit-opens-lower-on-improved-demand-for-greenback

Posted by masterus > 2022-01-04 17:57 | Report Abuse

https://m.investing.com/news/forex-news/dollar-edges-higher-fed-seen-hiking-early-despite-rising-covid-cases-2729568

Posted by masterus > 2022-01-04 17:58 | Report Abuse

LONDON (Reuters) - The U.S. dollar rose to a five-year high versus the yen on Tuesday, boosted by expectations of U.S. Federal Reserve rate hikes, as investors bet that the fast-spreading Omicron coronavirus variant would have limited economic impact.

In the second trading day of 2022, global markets extended the upbeat moves seen on Monday.

The dollar's gains were helped by a rise in U.S. treasury yields, as investors bet on the Fed raising rates, with the U.S. 2-year and 5-year notes soaring to their highest since March 2020

Posted by Dannyfyl88 > 2022-01-04 18:02 | Report Abuse

Yes, Ken... nobody wants to do a money-losing business....especially China. The oversupply is only temporary and soon All will adjust to make the ASP stabilize. I also think the Gloves bosses are not dumb to sit and wait on gloves business recovery only. They are also looking to diversify to other businesses now. I would... with the Cash they have...

Posted by Up_again > 2022-01-04 18:53 | Report Abuse

Danny, best to go through their annual reports. Harta has a cash hoard of Rm 5b, Sx rm 3.5b , Kossan close to Rm 3b
Top glove on the other hand depleted it by constant share buy backs which they will have to make provisions for later

For some of the big 4, industry wide loss is strategic, can do acquisition which is cheaper than organic growth

Posted by mita29 > 2022-01-04 18:57 | Report Abuse

Diversify to what business? The only sector that would make investors go crazy is EV or NEV. Ask ah Cai setup factory make EV, call it top car lah. Car body is made from unwanted glove to improve flexibility when sau corner.

Posted by mita29 > 2022-01-04 19:06 | Report Abuse

Seriously, all big four should pakat n setup EV factory.. Malaysia has been extremely turtle when it comes to electric car n its pissing me off.

Posted by Stockisnotfun > 2022-01-04 20:19 | Report Abuse

Tan sri can just go buy a fake local EV company which is Genetec

Posted by Investing_Bursa > 2022-01-04 20:50 | Report Abuse

https://www.google.com/amp/s/www.firstpost.com/health/france-detects-new-covid-19-variant-ihu-more-infectious-than-omicron-all-we-know-about-it-10256521.html/amp

Posted by geary > 2022-01-04 21:05 | Report Abuse

https://www.channelnewsasia.com/world/covid-19-britain-boris-johnson-omicron-plainly-milder-new-measures-not-needed-2412656

That's their Actions!?
That's why highest deaths, n infected citizens, EU n N. America!? Imagine almost #1M deaths in US alone of #4.5M!? US n UK number #1 Useless n weak government!?
China no nonsense zero tolerance; #3 cases; 1.5M are tested!?
That's why cause n effect; they answered for it; don't blame China Virus!?
Understand LapSap Dogs!?

Posted by geary > 2022-01-04 21:14 | Report Abuse

Up_again Danny, best to go through their annual reports. Harta has a cash hoard of Rm 5b, Sx rm 3.5b , Kossan close to Rm 3b
Top glove on the other hand depleted it by constant share buy backs which they will have to make provisions for later

For some of the big 4, industry wide loss is strategic, can do acquisition which is cheaper than organic growth
04/01/2022 6:53 PM

TopGlov focus on what they know better, to be Top, One Stop Healthcare Products Centre!?
Horizontally n Vertically Integrated; that's the durable competitive advantage, against its competitors!?

Posted by geary > 2022-01-04 21:23 | Report Abuse

Jim Rogers;
Texas CEO Magazine: That had to be special. Texas thinks of itself almost as another country, but there is a whole world out there that Texas CEOs should educate themselves on.
Obviously, China is an area of interest for you. Do you think China’s the country of the 21st century?

Rogers: Yes. China is the only country in world history that’s had recurring periods of greatness. They’ve been great three or four times.
Egypt was great only once. Rome was great only once. Great Britain was great only once.
But China, for whatever reason, has collapsed three or four times and come back to the top again and again. They are certainly going to have problems, though, just as we had in America as we rose.
By #2050; Space Exploration n Space Ships; mostly are written in Chinese Character; what u see Now; in another #10/20 years; U are entirely Wrong!?
Even another #18/24 months; Not #100% Accurate!?

Posted by MorningGlory123 > 2022-01-04 21:36 | Report Abuse

U.S. reports over 1 million new daily Covid cases as omicron surges

The U.S. reported a record number of new Covid cases on Monday, with over 1 million new infections.

A total of 1,082,549 new coronavirus cases were reported Monday, according to data from Johns Hopkins University, as the highly infectious omicron variant continues to spread throughout the country and beyond.

The U.S. also has the highest seven-day average of new cases in the world, according to Johns Hopkins rankings.


https://www.cnbc.com/2022/01/04/us-counts-over-1-million-new-daily-covid-cases-in-global-record-.html

Posted by Up_again > 2022-01-04 21:48 | Report Abuse

@geary
Yeah one stop centre, hoard rm 1 billion of gloves in inventory lol

Posted by MorningGlory123 > 2022-01-04 22:01 | Report Abuse

France detects new COVID-19 variant 'IHU', more infectious than Omicron: All we know about it

The new variant — B.1.640.2 — which has been detected in 12 patients near Marseille, contains 46 mutations, making it more resistant to vaccines and infectious

Even as the world battles the uptick in COVID-19 cases owing to the Omicron variant, scientists in France have found another variant.

The discovery of the variant, dubbed B.1.640.2, was announced in a paper posted on medRxiv.

Called IHU, as of now, the strain was discovered by academics based at the IHU Mediterranee Infection on 10 December.


https://www.firstpost.com/health/france-detects-new-covid-19-variant-ihu-more-infectious-than-omicron-all-we-know-about-it-10256521.html

Posted by UlarSawa > 2022-01-04 22:18 | Report Abuse

Covid Information centre. No other place is better than Taikor forum to share Covid news leh. World Wide news centre liao lah. Correct?

Posted by UlarSawa > 2022-01-04 22:27 | Report Abuse

Halo. Why must ho back pre pandemic price meh. Pre pandemic Taikor not as strong as current leh. Now 100bil capacity leh. Taikor level leh. Must have premium one to be dragon head leh. Thats why Taikor have to maintain dragon head mah. You dunno meh. Correct?


SinGor Hello 1.50 is post-Bonus...actual Tp pre-bonus is 4.50 ( about the same )...But 99cents is sure to
come bcos Over-production
04/01/2022 5:00 PM

Posted by geary > 2022-01-04 22:45 | Report Abuse

https://www.cnbc.com/2022/01/04/us-counts-over-1-million-new-daily-covid-cases-in-global-record-.html

US own actions, created such scenario, who do they want to blame, Be Responsible for their own Actions; Cause n Effect is Natural Action!?
Creating a Kingdom of Hell!?

Posted by mh87 > 2022-01-04 23:00 | Report Abuse

In 2021 got 2 new variants but glove stock still cannot break its previous high and continue to make new low.

But this year 2022 we will see how many times it will breakout when new variant is announced..

Posted by mh87 > 2022-01-04 23:04 | Report Abuse

US, EU and UK now super green.

Seems like higher daily cases is nothing to global market SO FAR.

Posted by WisdomStick > 2022-01-05 07:07 | Report Abuse

It's like u watched a movie in cinema..the show ends but u refuse to leave & hoping it will show again

Posted by UlarSawa > 2022-01-05 08:30 | Report Abuse

You dunno ppl watching drama show mah. Still have next episode one leh. Hardcore shareholders will stay back to watch next episode one leh. Correct?

Posted by MorningGlory123 > 2022-01-05 08:33 | Report Abuse

Covid Level in Singapore 'Unknown,' U.S. CDC Warns in Travel Notice

The U.S. Centers for Disease Control and Prevention on Tuesday reclassified its Covid-19 travel advisory for Singapore, guiding Americans to avoid travel to the Southeast Asian nation because the level of the disease there is “unknown.”

“Because the current situation in Singapore is unknown, even fully vaccinated travelers may be at risk for getting and spreading COVID-19 variants,” the CDC said in its advisory.


https://www.bloomberg.com/news/articles/2022-01-04/u-s-cdc-says-singapore-s-covid-levels-unknown?srnd=premium-asia

Posted by newbie1111 > 2022-01-05 08:33 | Report Abuse

Glove price will not rise until there are news of PPE shortage. But these news have stopped for more than a years already. There is abundant of supply of ppe coming out of every country. And the usage are not going to spike up since there are only a finite number of users

Posted by UlarSawa > 2022-01-05 08:38 | Report Abuse

US really brainless leh. Spore few hundred case per day only pun kena travel ban kah. Own country million cases no ban interstate travel kah. Correct?


MorningGlory123 Covid Level in Singapore 'Unknown,' U.S. CDC Warns in Travel Notice

The U.S. Centers for Disease Control and Prevention on Tuesday reclassified its Covid-19 travel advisory for Singapore, guiding Americans to avoid travel to the Southeast Asian nation because the level of the disease there is “unknown.”

“Because the current situation in Singapore is unknown, even fully vaccinated travelers may be at risk for getting and spreading COVID-19 variants,” the CDC said in its advisory.


https://www.bloomberg.com/news/articles/2022-01-04/u-s-cdc-says-singapore-s-covid-levels-unknown?srnd=premium-asia

Posted by UlarSawa > 2022-01-05 08:39 | Report Abuse

yah kah. You mean Taikor price will not move up again kah. Correct?


newbie1111 Glove price will not rise until there are news of PPE shortage. But these news have stopped for more than a years already. There is abundant of supply of ppe coming out of every country. And the usage are not going to spike up since there are only a finite number of users
05/01/2022 8:33 AM

Posted by Ryan83 > 2022-01-05 08:41 | Report Abuse

On Tuesday, 112,941 Americans were hospitalized with Covid-19, according to data from the US Department of Health and Human Services.

The new figure far exceeds peak hospitalizations during the Delta variant surge -- nearly 104,000 in early September. It's also creeping toward the pandemic-high number of Covid-19 patients hospitalized in a single day -- 142,246, on January 14 of last year.

"Unfortunately, this is the consequence of a highly transmissible variant, the Omicron variant," US Surgeon General Dr. Vivek Murthy told CNN on Tuesday.

Now, more hospital intensive care units are nearing capacity.

Posted by MorningGlory123 > 2022-01-05 09:11 | Report Abuse

Singapore’s COVID-19 weekly infection growth rate back above 1 for first time since Nov 12

SINGAPORE: The weekly growth rate of COVID-19 infections in Singapore went above 1 on Tuesday (Jan 4) for the first time since Nov 12, 2021, data from the Ministry of Health's (MOH) website showed.

The weekly infection growth rate refers to the ratio of community cases for the past week over the week before. Authorities have described the statistic as one of the key indicators that can be used to assess risk levels when calibrating COVID-19 measures.


https://www.channelnewsasia.com/singapore/covid-19-weekly-infection-growth-rate-above-1-2411966

Posted by Ryan83 > 2022-01-05 09:17 | Report Abuse

New York COVID hospitalizations surpassed the 10,000-mark and then some Tuesday, totaling their highest levels since early May 2020 as new estimates released by the CDC estimate omicron's regional prevalence to be as high as 99%.

There's nothing misleading about the skyrocketing statewide hospitalization numbers, however. Statewide hospitalizations stood at 10,411 as of Tuesday, the highest total since since April 30, 2020, when the total was 10,993. The level of increase over the last two days alone (1,638), for comparative purposes, is just 238 admissions shy of the total hospitalized statewide exactly three months ago.

And the count is expected to climb further, with this latest viral wave, as one Manhattan emergency room doctor put it this week, "making people really sick in a different way" than prior waves did.

More than half of all COVID patients hospitalized statewide are in New York City, which has the second-highest adult full vaccination rate (84.1%) of the state's 10 regions behind only Long Island (86.5%). Yet both regions, once again impaired by their density compared with others, find themselves atop COVID impact charts.

Posted by tapestry > 2022-01-05 09:28 | Report Abuse

https://youtu.be/mFTIk1qFW4w

Posted by geary > 2022-01-05 09:32 | Report Abuse

USA Today;
The CDC will update its Covid-19 isolation guidance imminently, source says
It follows a record-high number of new Covid-19 cases among children, according to the American Academy of Pediatrics (AAP).

The US had more than 325,000 new cases among children during the week ending December 30, according to data published this week by the AAP, marking a 64% increase in new childhood cases compared to the previous week, the AAP said.
And across all age groups, Covid-19 hospitalizations reached a new milestone.

On Tuesday, 112,941 Americans were hospitalized with Covid-19, according to data from the US Department of Health and Human Services.
The new figure far exceeds peak hospitalizations during the Delta variant surge -- nearly 104,000 in early September.
It's also creeping toward the pandemic-high number of Covid-19 patients hospitalized in a single day -- 142,246, on January 14 of last year.

Paid the Price of Freedom!?

Posted by Ryan83 > 2022-01-05 09:38 | Report Abuse

US hospitalizations will continuously rise to break previous high 142,246 within 2 weeks as only 62% fully vaccinated and 30% receiving booster dose only

Posted by EmperorFund > 2022-01-05 09:40 | Report Abuse

OMG...SCARY

NPRA director Dr Roshayati Mohammad Sani confirmed in a statement today that the 18 inmates received their Covid-19 vaccination under the Kajang Prison Inmates Vaccination Programme.
“All the reports stated in the letter have been received by the NPRA. AEFI reports classified as serious, including those involving deaths, are under investigation,” she said.

https://www.google.com/amp/s/www.malaymail.com/amp/news/malaysia/2022/01/04/pharmaceutical-regulator-probing-18-cases-of-adverse-effects-among-kajang-p/2032858

Posted by UlarSawa > 2022-01-05 09:42 | Report Abuse

Taikor got 9 lives macam kucing leh. No matter how the JPM n Tiger macai pukul the drums. Taikor still can green leh. Correct?

Posted by UlarSawa > 2022-01-05 09:46 |

Post removed.Why?

Posted by UlarSawa > 2022-01-05 09:58 | Report Abuse

Shortists yesterday very geng all the 3 group RSS PDT n IDSS pun ada shorted and today macam no more geng kah. Why can green ha. RSS 2.75% left 0.25% to go kah. Faster short more lah. Why scare kah. Takut kena CNY rally kah. Correct?

Posted by Lucifer999 > 2022-01-05 10:01 | Report Abuse

wow this is cny green hahaha

Posted by yfchong > 2022-01-05 10:03 | Report Abuse

Rally rally.......... Go go go

Posted by masterus > 2022-01-05 10:14 | Report Abuse

Ringgit already depreciate to 4.19 against us dollar. If break 4.20, it may down further to 4.50

Posted by stingray_ea > 2022-01-05 10:21 | Report Abuse

run run run ....