United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19
TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided abUnited Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19out the trial.
The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.
The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.
The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”
The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.
Bought another 30,000 shares at RM2.28. Trust that this flying bird is on the right track now. With 4.4 % dividend yield this is sure the safest bet now for people aiming for recovery stock which is sitting on the huge cash pile.
As for its wholesale division, higher profits was also recorded despite lower revenue, thanks to effective cost optimization and a one-off gain from the disposal of vintage tea amounting to RM800,000.
You know what could be the cost of the tea disposed? Most probably is only RM 20k. You will see more one-off gain from the sale of the tea segment from time to time.
What type of tea can generate that type of profit margin? How come? And why we will not expect nothing less?
Blog: “Why am I always make losses in the stock market?” kcchongnz
Aug 23, 2018 11:10 PM | Report Abuse
Posted by kcchongnz > Aug 23, 2018 08:09 PM | Report Abuse
Posted by ks55 > Aug 22, 2018 05:09 PM | Report Abuse RMB now 57.96 sen. It will go to 60sen soon. Can it go to 70 sen? 80sen? Invest in RMB dominated collectibles is equivalent to invest in RMB. Invest in RMB dominated collectibles is equivalent to invest in RMB. 中國瓷器 大師國畫,墨宝 名家紫砂壺 勐海茶廠、下關茶廠改制前普洱茶 印级普洱茶 OBOR Initiative coupled with Xi's Speech on 19th CMC Direction for China future development (Dream), China's economy can only growing from strength to strength. RMB exchange rate denotes the health of China economy. Like it or not, it will further reflect its value five years down the road.
See? Is it that difficult to make 26% ROI yearly for next 10 years to come?
One very interesting thing about finance and investment is that it is about the future, and the future is full of uncertainties.
With regards to the movement of macro thingy like foreign exchange rate, nobody has done it right consistently and there is no statistical significance evidence to show that anyone can do it.
The interesting is the power of arbitrage. If some investment is so good that you are expected to get CAGR of 26% over the next 5, 10 years, 20 years, the price of the asset would have been bidden up right now that you won't be able to get that CAGR.
FYI kcchongnz, seeing is believing. Find out from those who invested in puer tea what could be the return like. 勐海茶廠、下關茶廠改制前普洱茶 印级普洱茶 are sure to make windfall profit. Why? Ask MD of Hai O Mr Tan Keng Kang to find out why.
Common talk in puer world is to make 10 times in 10 years is some how guaranteed. That is to say 100 times in 20 years is not a problem.It is a mere 26% increment per year. No one dare to promise you will make 5 times in 5 years, or 25 times in 10 years. Again it is only a 37% increment per annum.
The truth is for past 15 years, 勐海茶廠、下關茶廠改制前普洱茶 and 印级普洱茶 appreciated more than 50 times. And these produce are going to continue the up trend at even faster rate.
Right move by Haio by streamlining the organisation structure. It will be added advantage if BESHOME can aim for Halal certificate for their products since major of their customers are Malay.
Est next quarter results will drop further amid prolonged mco which affected normal workers rice bowl. Anyway, dividend is generous under this market conditions. Hopefully no more shares buy back as it may benefit insiders, available cash is better to pay investor generously.
Heart is very heavy when know about the death of Mr Tan, he is not a typical businessman who's only think about himself or craving for money, he is a fighter in politics before start up business, and great philanthropist as well, feel deep sorry and sad to know about this
Looks like market is anticipating BESHOM to cut the final dividend from 5 sen last year. I am half expecting 3 sen which is not a bad dividend to get, to bring total dividend to 6 sen, for a total dividend yield of 5%, based on 1.19 price. MLM division is now much smaller than peak, has become smaller than Wholesale division and comparable to Retail division, MLM can still go down (or up), but like to think most of the damage is done - however, this statement is speculative, and probably better to wait and see if bottom is really there or not. They manage to grow both Wholesale and Retail division, so, won't write them off as dead yet ...
I may consider at around 83 Sen. For a stock like this, I need 6% dividend yield and since dividend has been cut to 5 Sen, when the price drops to 83 sen, it works out at 6% dividend yield.
There are so many stocks with better looking long term price charts than BESHOM and pays over 6% dividend yield. Little point to consider this dying stock.
BAT is another stock on long term downtrend, but at least it’s paying over 8% dividend yield. Logically if you want to pick bottom in downtrending stock, at least do it in BAT than BESHOM.
A stock like BESHOM on such long term downtrend, is more likely to continue its downtrend. If could try to find a base but uncertain and would take a very long time. This type of stock is better left alone for several years before looking into it again. It’s not going to zoom up in straight line.
EPS has been dropping continuously 6 years in a row, from peak EPS of 27.5 sen in 2017. Since then: 2017 - 27.5 sen 2018 - 25.8 sen 2019 - 16.3 sen 2020 - 11.1 sen 2021 - 13.5 sen (hope?) 2022 - 9.8 sen (what!) 2023 - 5.4 sen (what!!)
The latest EPS (5.4 sen) is less than 20% of what it used to be in 2017 (27.5 sen). The stock price today (RM1) is also less than 20% of what it used to be in 2017 (RM5)
From dividend policy perspective, I admire this stock because it always share its profits with shareholders. On average it pays out 80% of its EPS as DPS and I like this very much. I also like its Net Cash position too.
However, the only problem is its underlying business EPS. Its profits is shrinking ... and shrinking ... and shrinking ... and shrinking .... and shrinking ... It's been shrinking since 2017.
Share price has no bounce. This one, cannot do anything ... just let it be. Either it dies a natural death over time ... or one day, Management is able to arrest the decline in EPS to be higher than 6 sen to breathe some life into this dying stock and dying business.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Investeye
2,347 posts
Posted by Investeye > 2020-12-02 16:18 | Report Abuse
Will this bird will fly or fry ?