Posted by Beary > 2021-06-24 15:13 | Report Abuse

This pandemic is becoming endemic meaning the virus is here to stay for at least a couple more years to come.

When countries open up, more people will return to work, play and travel.

When more peoples return to work, play and travel, demand for gloves will go up even more.

New normal dictates that gloves are not just for the medical/health sector alone.

Don't believe me?

I went to a bank yesterday and saw even some tellers were wearing gloves, not all of them though. It is not far fetched to suggest that very soon it could become company policy to supply gloves to all their front line staff.

Just imagine all the other sectors other than medical where people starts wearing gloves as a precaution for example aviation, f&b, cashiers, barbers, masseurs, beauticians etc etc. I can go on and on until tomorrow...

The more countries open up, the more the demand for gloves will be.

One more thing, even if the market crashes tomorrow, gloves will remain strong solely due to its extraordinary earnings for years to come.

Now tell me, are there other such counters in bursa other than gloves?

Please let me know if there are.

Posted by NatsukoMishima > 2021-06-24 15:29 | Report Abuse

JPM will cut 50% more next week ! Stay tune!

Posted by AdCool > 2021-06-24 16:13 | Report Abuse

JPM will increase 15% TP next month. Stay tune!

Posted by Mabel > 2021-06-24 18:06 | Report Abuse

KLCI closes at four-month low - TheStar
KLCI slips as domestic political risk continues to drag sentiment - TheEdge

Posted by L2 > 2021-06-24 18:19 | Report Abuse

Would it hazard to surmise that the incessantly relentless one-sided torps to deep sink the glove titans seem altogether a coordinated campaign to desensitise fundamentals, devalue positive metrics and steer technicals to render them irrelevant and drown the entrapped?

Some of the observed tactics were to firstly regress Spmx to 1.00 below TG, followed by continually depressing Koss to crack and delimit the floor for Spmx, along with precision-timed, nostradamus-level farsightedness albeit somewhat misguided debasing downgrades for the sole purpose to contain any potential reversal to the upside at every glimmer of hope, every silver lining, every opportunity.

Latest case in point : while Comfort's sterling noon results on 21jun boosted its price trajectory at the pm open, banded stranglers instantly waterfalled both Spmx and TG in equal coordinated flash to snuff out any catalysing effect from Comfy. Their pm intraday trajectories could not have been more obviously and desperately divergent. Complicitly, one IB busybodiedly decided to neuter Koss TP at the break just to enable Spmx's lockstep descent after 1430h without psychological constraint. Well-oiled mauling bear machine?

That too will have its day of reckoning, at 20k leagues under.

Posted by trum > 2021-06-24 18:55 | Report Abuse

Brother at what price this stock we can buy?

Posted by trum > 2021-06-24 18:57 | Report Abuse

Now is the downtrend very risky to buy the stock correct or not?

Posted by trum > 2021-06-24 18:58 | Report Abuse

So brother what is the correct price to buy?

Posted by VTrade > 2021-06-24 22:36 | Report Abuse

Ask delta plus cdc fda

Posted by tamp0i > 2021-06-24 22:48 | Report Abuse

Tempting... So yummy... Buy until delisted... Kekekeke

Posted by neutralist > 2021-06-24 23:03 | Report Abuse

tampOi wow. delisted through privatisation? niceee.

Posted by tamp0i > 2021-06-24 23:46 | Report Abuse

FYI... Quick statistic noticeably from EPF shares available:
30 Apr = 200,185,200
31 May = 216,154,300
18 Jun = 224,536,400

Woot woot... Accumulating in process... Even EPF also will buy until like I said, delisted, kekekeke

Posted by tailangong > 2021-06-25 13:11 | Report Abuse

Die la if dropping like this, how many weeks liao.

Posted by Kevin Tam > 2021-06-25 14:29 | Report Abuse

The fall of Kossan, Supermax, Topglove n Harta of last 5-6 days is less relevant to RSS coz RSS in Malaysia is not strong, being restricted to max ; even is selling short, why investors here keep mentioning JP morgan, JP morgan the first brokerage house to downgrade Topglove n Kossan to TP of 3.50 n 3.70-3.80 in last december but doesnt mean until now, they r still shorting the top 4 glove counters.... The fall should be triggered by retail investors n some funds....But Kossan at 3.30already at low level n showing value whereas Topglove at 4.35-4.45, still got room to drop further...

Posted by Loh Kok Wai W > 2021-06-25 14:52 | Report Abuse

https://www.chinapress.com.my/?p=2564028........glove counter downgrade.

Posted by NatsukoMishima > 2021-06-25 16:54 | Report Abuse

JPM will cut 50% more next week !

Posted by Bgt 9963 > 2021-06-25 16:57 |

Post removed.Why?

Posted by Benny1123 > 2021-06-25 19:13 | Report Abuse

Better kossan take over his company if keep dropping... So cheap..

Posted by Benny1123 > 2021-06-25 19:13 | Report Abuse

Billion profit.. Company

Posted by Mr.Sm Invest123 > 2021-06-26 00:43 | Report Abuse

财经新闻
MYEG计划8月起供应1000万剂疫苗
2021年06月25日
（吉隆坡25日讯）MYEG（MYEG，0138，主板科技股）计划今年8月起，在国内供应1000万剂疫苗。

MYEG周五发文告指出，已和安徽智飞生物制药公司签署意向书，向后者购买1000万剂疫苗，并在8月起供应予国人。
相关成本待定。同时，正式分发疫苗前，需获得国家药剂监管机构（NPRA）的批准。

“公司有信心，疫苗获准在国内分发后，将加速推动我国走向全民免疫。”

周五闭市，MYEG收报1.82令吉，无起落，交易量约为843万股。

Posted by Mr.Sm Invest123 > 2021-06-26 00:58 | Report Abuse

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.

Posted by neutralist > 2021-06-27 21:37 | Report Abuse

hit 52w low soon?

Posted by NatsukoMishima > 2021-06-28 09:28 | Report Abuse

Welcome to the 5 year lowest point soon !

Posted by NatsukoMishima > 2021-06-28 09:29 | Report Abuse

Pfizer oral pill n China spray aerosol vaccine coming in the end of year , just spray inhale can prevent from severe systoms ! Good news to mankind !

Posted by tamp0i > 2021-06-28 11:26 | Report Abuse

Itu dia.... +0.100 within 1 minute... Swallow kao-kao don't wait

Posted by zanbini > 2021-06-28 11:34 |

Post removed.Why?

Posted by tamp0i > 2021-06-28 11:40 | Report Abuse

Posted by NatsukoMishima > Jun 28, 2021 9:28 AM | Report Abuse
Welcome to the 5 year lowest point soon !
----------------
Not really lowest lah if consider split x2 now also 6.56

Posted by AdCool > 2021-06-28 11:54 | Report Abuse

Back to 3.25. A burst of fire.

Posted by Kevin Tam > 2021-06-28 17:09 | Report Abuse

MRDIY is overvalued n only trust brokerage houses to max will go to buy DIY at above 3.50... Even at 3.10 , also overvalued..:)

Posted by NatsukoMishima > 2021-06-28 17:13 | Report Abuse

Better wait 5 year lowest point only buy in ! Bankers like it !

Posted by hondacrv > 2021-06-29 20:41 | Report Abuse

https://getusppe.org/data/

Posted by hondacrv > 2021-06-29 20:53 | Report Abuse

https://www.businesswire.com/news/home/20210510005484/en/Global-Personal-Protective-Equipment-Market-Report-2021-Spending-on-PPE-is-Forecast-to-Almost-Triple-by-2027---ResearchAndMarkets.com

Posted by ToneeFa > 2021-06-29 21:59 | Report Abuse

https://www.change.org/p/pelabur-runcit-bursa-malaysia-mohon-tengku-zafrul-memberhentikan-restricted-short-selling-rss-seperti-march20?signed=true

Glove supporters, quickly get more support for this petition. Target 10,000 signature. Once Bursa decides to suspend RSS, we will see a gap up immediately.

Posted by NatsukoMishima > 2021-06-30 14:37 | Report Abuse

狮城预购抗体药物Sotrovimab 　用于治疗轻中度新冠患者
（新加坡30日讯）新加坡政府已同制药公司葛兰素史克（GSK）和Vir Biotechnology签订预购协议，购买两家公司共同研发的单克隆抗体药物Sotrovimab。

上述研发公司已在流行病特别采用程序下向新加坡卫生科学局提交批准申请。这款抗体药物适用于无需补充氧气，但病情可能恶化至出现严重症状的轻度和中度新冠病毒患者。

葛兰素史克新加坡医药总监霍恩医生受访时透露，作为一款单克隆抗体药物，Sotrovimab可以直接对抗病毒的感染，无需等待人体免疫系统反应。


“药物通过附著在病毒刺突蛋白质上消灭病毒，也就是阻止病毒进入人体细胞，并清除受感染的细胞。”

她说，变种毒株和二度感染的风险增加，意味全球必须同时关注疫苗和药物治疗，有效的药物对还未接种或不适合接种的确诊病患非常重要，能避免他们出现严重症状或死亡。

Posted by RISK8888 > 2021-07-01 08:08 | Report Abuse

Keep an eye on the market cap, if it reach to a very attractive level, baru attack.

Posted by Bgt 9963 > 2021-07-01 08:37 |

Post removed.Why?

Posted by NatsukoMishima > 2021-07-01 13:19 | Report Abuse

KUALA LUMPUR (July 1): CGS-CIMB Research downgraded the rubber glove sector to "neutral" from "overweight" due to weaker earnings prospects.

In a June 30 note, the research house said the weaker earnings prospects are forecasted to occur through declining average selling prices (ASPs) and aggressive capacity build-up.

Posted by NatsukoMishima > 2021-07-01 21:26 | Report Abuse

Bankers want it at 5 year lowest price !

Posted by siulan_dion > 2021-07-02 11:43 |

Post removed.Why?

Posted by fortheemprah > 2021-07-02 12:57 | Report Abuse

Glove counters: *just existing not creating any headlines, making a living and zen*

And then the trolls appears from behind the garbage bins...

Troll 1(Maybank): Decline! Decline! Sell everything! Sell your mom as well!
Troll 2 (CIMB): Yaya! Decline! F@rk gloves! Who needs gloves?!

Posted by mikeazk > 2021-07-02 12:57 | Report Abuse

EMCO means factory closure, so share price drop?

Posted by NatsukoMishima > 2021-07-02 13:05 | Report Abuse

Maybank says best is over for glove sector as ASP peaks

Posted by NatsukoMishima > 2021-07-02 13:11 | Report Abuse

In recent conference calls with analysts, both Hartalega and Top Glove have guided for lower ASPs in the coming months. Intensifying competition among the existing and new players (especially the rapidly-expanding China glove producers) could further pressure ASP.

Posted by SamLiRainMaker > 2021-07-02 14:34 | Report Abuse

looking at the current trend likely to rebound in late afternoon.

Posted by neutralist > 2021-07-02 14:40 | Report Abuse

if you follow analyst call you would die already. from day one since pandemic, recommendation is buy. if every quarter you follow they keep asking you to buy every quarter or add. this quarter ask you to cut loss. lol.

Posted by SamLiRainMaker > 2021-07-02 14:45 | Report Abuse

Price target is just for reference. Normally is 30% below target price. thus 3.5 is reasonable price but it depends on market sentiment too.

Posted by Will76 > 2021-07-02 15:24 | Report Abuse

From the Edge today

Meanwhile, TA Securities Holdings Bhd analyst Tan Kong Jin wrote in a note today that based on the current expansion plans of existing glove manufacturers, entry of new players and aggressive glove production capacity expansion by China, TA Securities believes that there is a possibility of glove oversupply in 2022.

"In our forecast, we expect a surplus of 40.3 billion gloves in 2022 (assuming no delays/changes to the targeted expansion plans),” Tan said.

Posted by NatsukoMishima > 2021-07-02 16:09 | Report Abuse

Pre pandemic level coming , people all goreng genetec , hightec now 1 day earn huge capital gain no need to slaughtered by daily 10 sen dropping ! Glove is really past tense already better cut loss !

Posted by Hustle > 2021-07-02 16:17 | Report Abuse

Yup switch to serbadk now before too late

Posted by neutralist > 2021-07-02 17:05 | Report Abuse

serba? wow. hahaha. krik krik. ok la drop more la glove. 50% more than i can load and sleep. take dividend till buncit