Posted by Why_ > 2021-07-25 05:48 | Report Abuse

Covid19 record cases in Malaysia gloves stocks not at record high?

Posted by skcm2017 > 2021-07-25 09:40 | Report Abuse

HEALTH AND SCIENCE
WHO chief warns that the world is going into the ‘early stages of another wave’
https://www.cnbc.com/2021/07/21/tokyo-olympics-who-director-general-ad...

Israel says Pfizer Covid vaccine is just 39% effective as delta spreads, but still prevents severe illness
https://www.cnbc.com/2021/07/23/delta-variant-pfizer-covid-vaccine-39p...

Posted by gemfinder > 2021-07-25 09:57 | Report Abuse

Dr Noor Hisham: 96.8 per cent Covid-19 patients under low-risk categories, 265 in critical condition
Author: savemalaysia | Publish date: Sat, 24 Jul 2021, 8:53 PM

KUALA LUMPUR, July 24 — A total of 3.2 per cent of Covid-19 cases reported today are Category (CAT) -3, -4 and -5.

Health director-general Tan Sri Dr Noor Hisham Abdullah said the remaining cases which make up 96.8 per cent are cases under the CAT-1 and CAT-2, or low-risk categories.

“There are 260 CAT-5 patients who are critical and in need of ventilators, 129 CAT-4 patients who need oxygen, 127 CAT-3 patients who have lung infection, 6,901 CAT-2 patients with mild symptoms while 8,485 patients have no symptoms,” he said in a statement today.

Malaysia registered a second consecutive day of record-high Covid-19 numbers today, surpassing yesterday’s unprecedented 15,573 cases.

Dr Noor Hisham had earlier said that the number of new Covid-19 infections detected over the last 24 hours was 15,902, giving Malaysia a cumulative total of 996,393 since the pandemic began.

Posted by gemfinder > 2021-07-25 09:58 | Report Abuse

95% low risk category. No need hospitalised just monitor at home. Unless u stil wear gloves at home la. . Hahaha

Posted by gemfinder > 2021-07-25 10:03 | Report Abuse

Dr. Jamalludin, however, said the vaccines had shown to be effective in protecting people from a severe form of the Covid-19 virus.

“Two doses of Comirnaty (Pfizer) and AstraZeneca can protect 88% and 60% respectively from the Delta variant, and it can prevent hospitalisation up to 96%,” he added.

As such, he said the vaccination rollout played a pivotal role in ensuring the Delta variant did not undermine recovery efforts.

“Our vaccine rollout now is among the best in Asia, if not in the world. More than 15% of the population have received two doses and it is important to fully vaccinate more than 50%.

“However, we may see its effect only later. Perhaps not in terms of the number of positive cases, but the number of hospital admissions and deaths,” he said.

Posted by John1234 > 2021-07-25 10:19 | Report Abuse

Thank you, guys, for the compliments. It is my usual style to back up my case/points with facts and figures. Like that, it will sound more balanced and convincing.

My sharing is meant to provide another viewpoint of consideration for our forumers. To make any investment decision, we will need to do our own due diligence.

Posted by tallman > 2021-07-25 10:23 | Report Abuse

the short seller work very hard, even sunday also working and posted the comments every where

Posted by gemfinder > 2021-07-25 10:36 | Report Abuse

Even covid wont go, gloves demand oso drop cos no need hospitalisation. Mild case, low risk. U dun read meh expert said. Unless u wear gloves at home urself. Hahahaha

Posted by skcm2017 > 2021-07-25 10:38 | Report Abuse

--> gemfinder : hahaha...a shortie feeling of insecure and anxiety, posted the entire news, from a single news

Posted by gemfinder > 2021-07-25 10:39 | Report Abuse

I dun own gloves shares la. I just talk facts. Up down oso wont afect me.

Posted by gemfinder > 2021-07-25 10:40 | Report Abuse

No need to red flag me la.

Posted by Bgt 9963 > 2021-07-25 10:51 |

Post removed.Why?

Posted by John1234 > 2021-07-25 11:38 | Report Abuse

Investment is more of an art than a science.

Here we are, trying to predict the mkt demand and mkt supply for gloves 6 to 9 months down the road to derive at the prevailing mkt price of a glove counter.

Factors that could affect mkt demand for gloves:
1. Efficacy of vaccines vs virus mutations
2. World vaccination rates vs (uneven) distribution of vaccines worldwide
3. Level of increased hygiene awareness + living with the endemic

Factors that could affect mkt supply of gloves:
1. Number of existing suppliers worldwide
2. Number of new entrants worldwide

In the process, some variables could undergo changes and that can affect the whole analysis. This is especially so for the coronavirus' super-fast evolvements and mutations.

The recent spike in Covid-19 cases globally did not bring about a sharp rise in glove counters. Apparently, mkt operators are looking beyond the number of Covid-19 cases globally to form the basis of a glove counter's share price.

Posted by gemfinder > 2021-07-25 16:14 | Report Abuse

4414 hahaha. Tis name suits u

Posted by skcm2017 > 2021-07-25 19:34 | Report Abuse

Salute John

Posted by nakata > 2021-07-25 22:48 | Report Abuse

Hopefully, it could move up to RM1 above

Posted by Bgt 9963 > 2021-07-26 08:47 |

Post removed.Why?

Posted by Jonathan Keung > 2021-07-26 13:34 | Report Abuse

Yes.keeping fingers crossed. Magical $1.00 mark

Posted by Lukesharewalker > 2021-07-26 16:23 | Report Abuse

Going to bankrupt?

Posted by TheContrarian > 2021-07-26 17:36 | Report Abuse

Bought back at 89.5 sen today after cashing out at 96 to 93.5 sen a week ago.

Posted by hoowk77 > 2021-07-26 19:59 | Report Abuse

Smart. Anyone hv clues triggered sharp price drop?

Posted by Bgt 9963 > 2021-07-26 20:24 |

Post removed.Why?

Posted by TheContrarian > 2021-07-26 20:28 | Report Abuse

I think sudden sharp drop in gloves counters due to windfall gain tax been raised by Opposition in the Parliament today.

Posted by skcm2017 > 2021-07-26 20:43 | Report Abuse

A windfall tax should be imposed on companies that made profit due to the Covid-19 pandemic and the money should be used to improve the welfare of contract doctors, says Muar MP Syed Saddiq Syed Abdul Rahman.

“The government shouldn’t be afraid to impose a windfall tax on large companies that profited from the pandemic such as glove companies,” he said in Parliament on Monday (July 26).

Posted by hoowk77 > 2021-07-26 20:53 | Report Abuse

What a joke

Posted by hoowk77 > 2021-07-26 21:10 | Report Abuse

Coming QR should be another record

Posted by MrsLee > 2021-07-26 22:04 | Report Abuse

Omg....drop again

Posted by Jonathan Keung > 2021-07-27 09:40 | Report Abuse

Cases surged past 1 million technically glove counters should rise in tandem

Posted by kasrim > 2021-07-27 10:45 | Report Abuse

aiyooo.. ap dh jadi?

Posted by TheContrarian > 2021-07-27 15:03 | Report Abuse

Bought at 87.5 sen.

Posted by hoowk77 > 2021-07-27 15:24 | Report Abuse

Bot 87.5

Posted by hoowk77 > 2021-07-27 15:26 | Report Abuse

Proposed by non minister, haha

Posted by Pandu1 > 2021-07-27 16:47 | Report Abuse

As i told b4, everybody can give their own idea but pls understand the simple principle of commerce. When theres demand the price will go up n vice versa. Another factor of declined in shares prices r sell down done by foreigners n sharks. Once the foreigners n institutions buyers than u will c most shares prices will sky rocket. Phaps 50sen a day.

Posted by Pandu1 > 2021-07-27 16:48 | Report Abuse

Once the foreigners n institutions buyers returned than u will c most shares prices will sky rocket. Phaps 50sen a day.

Posted by Pandu1 > 2021-07-27 16:51 | Report Abuse

Happy investing in good fundamental counters.

Posted by Plantermen > 2021-07-27 16:53 | Report Abuse

Short selling is the main culprit & contributing cause

Posted by Pandu1 > 2021-07-27 17:10 | Report Abuse

1 of the factors.

Posted by John1234 > 2021-07-27 18:34 | Report Abuse

Over the last weekend, I posted that Careplus had outperformed Comfort and Rubberex in the last review period:

Closing prices as at 23/7/21:
Rubberex - RM 0.96 or 1.92(original pre-bonus issue price)
Comfort - RM 2.09
Careplus - RM 2.18

But things took a drastic change over the past 2 days:

Closing prices as at 27/7/21:
Rubberex - RM 0.88 or 1.76(original pre-bonus issue price)
Comfort - RM 1.89
Careplus - RM 1.83

Careplus was hit the hardest, followed by Comfort. Rubberex was hit the least as some investors/traders had already abandoned Rubberex in search of greener pastures. Less selling pressure.

Windfall tax is nothing new. It has been brought up before. But mkt operators just seize on this opportunity to whack down share prices.

Posted by Start_0f_the_bull > 2021-07-27 19:20 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3178560

If tomorrow all glove counters can't gap up I don't know what to say.

Posted by MrsLee > 2021-07-28 12:47 | Report Abuse

Speechless

Posted by BrusaCasino > 2021-07-28 15:58 | Report Abuse

Garbage

Posted by skcm2017 > 2021-07-28 17:54 | Report Abuse

the economy is gloomy.. all market sentiments are drowning.. the stock index is stagnant or down across the countries.

Posted by neutralist > 2021-07-28 22:32 | Report Abuse

come on. drop a bit below 80 c haha. only want to enter

Posted by Plantermen > 2021-07-29 11:40 | Report Abuse

On paper glove should be higher with the new Delta spiking up cases

Posted by TheContrarian > 2021-07-29 12:36 | Report Abuse

Bought at 86 sen.

Posted by Jonathan Keung > 2021-07-29 12:43 | Report Abuse

Still believe glove counters hit by short sellers . bursa should review and temp stop the RSS

Posted by John1234 > 2021-07-29 12:58 | Report Abuse

So far, there is still no news of major shareholder Ong Choo Meng's shares purchase actions. Being a substantial shareholder, every 1 sen drop in share price would mean more to him than anyone else. If he is not seen actively supporting his share price, why should we be more proactive?

Just sit back and relax...

Posted by newbie5354_ > 2021-07-29 14:38 | Report Abuse

Free W like Comfort(at least got boost to >2.1) why nobody can propose to Ruberex IR any1 in i3 can answer?

Posted by newbie5354_ > 2021-07-29 14:40 | Report Abuse

That was Muhyiddin 1st year as PM in 2020. This year he under Tengku Zafrul control you think still possible?

Jonathan Keung Still believe glove counters hit by short sellers . bursa should review and temp stop the RSS
29/07/2021 12:43 PM

Posted by newbie5354_ > 2021-07-29 14:42 | Report Abuse

2021 only banks, Bursa shines not rest of Bursa stocks?