US new record high hospitalizations last 7 days average 130,000 Covid-19 patients....Worse yet to come for coming few weeks and medical gloves very high usage and demands really good prospects for top 3 Malaysia glove companies....Chinese gloves companies under import tariffs by US will benefit top 3 Malaysia gloves companies increasing glove market share in US
I found that Harta and Kossan are like brothers: very similar price movement, very similar QR trend. So do not underestimate this counter! If you think Harta is "too expensive" (it's not), you should consider Kossan.
Big order sapu from 2.01 to 2.04 within seconds,with nearly $1 cash,dividend yield of more than 6% for next 5 years is not an issue for Kossan.Who knows one time 0.30 special dividend?
If you are considering buying/selling Kossan stock, the following excerpt of 3q 2021 Result Report from Kossan Management may be instructive.
"...As we move into the 4th quarter of 2021, with the on-going vaccinations and higher vaccination rates recorded in the developed and developing countries, Covid-19 cases categorised as severe have declined. As such, the demand for gloves has eased with ASP’s also declining on a gradual basis.
However, even with these external factors, the Group expects the results for the Gloves division for the 4th quarter of the year to be within expectations
and for the overall full year 2021 to be satisfactory. The Group has always had an internal focus and is prepared for the post-pandemic period with a focus on operating efficiency, manufacturing excellence, research & development and innovation. Post-pandemic, the demand for gloves will continue to undergo structural growth as a result of increased healthcare standards and hygiene awareness in both the medical and non-medical sector.."
Kossan Management expects 4q 2021 result to be within expectations. In Management parlance, that means the Management is expecting good results
HONG KONG—With Covid-19 flaring up across China, major manufacturers are shutting factories, ports are clogging up and workers are in short supply as officials impose city lockdowns and mass testing on a scale unseen in nearly two years.
The prospect of continued disruptions in the world’s second-largest economy, which has a zero-tolerance strategy for combating the pandemic, is heightening fears that the disruptions will ripple through the global economy. Already, companies including memory-chip maker Samsung Electronics Co., German auto maker Volkswagen AG and a textiles company that supplies Nike Inc. and Adidas AG are suffering production hitches.
Since late December, officials have taken measures to counter Covid-19 outbreaks in several Chinese cities, including the eastern port of Tianjin, Xi’an in central China, and the southern technology hub of Shenzhen. The world’s third-busiest container port of Ningbo-Zhoushan, near Shanghai, risks worsening backlogs from restrictions on trucks and warehouse operations after more than two dozen Covid-19 cases were confirmed in the surrounding area.
Good vaccine or not good vaccine ...still number of cases still increasing. Hear many vaccine come out but still no vaccine can treat these so called covid .....
NatsukoMishima Covid vaccine programs could end with third dose for most people, Israeli doctor predicts PUBLISHED TUE, JAN 11 20222:19 AM EST 11/01/2022 4:49 PM
China lockdown only affects import. The gov prioritizes export, wanna earn as much dollar as possible while lowering demand for dollar in China by eliminating imports
A famous glove factory security beat n abused foreign workers recently , news already spread to Andy Hall , look like another glove factory from Malaysia will be banned by USA CBP soon !
Now with the passage of Proposition 47, prosecutors cannot charge a forgery involving less than $950 as a felony unless the defendant has a criminal record. The measure both affects future convictions and allows for people currently incarcerated for crimes covered by the measure to petition for re-sentencing.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
skcm2017
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Scientists Identify Coronavirus Strain In Cyprus—‘Deltacron’—That Blends Delta And Omicron