Nobody can predict the future..... But for commercial property investment and new shopping mall it really needs a long time to mature & recover back to its hey day { before the pandemic outbreak} . Look at the overhang supply and gluts of incoming bigger malls in the klang Valley. Empire City at Damansara is facing multiple challenges.
New highly infectious Omicron sub-variant cases were identified in Israel and UK. But the UK daily Express cites a report in the Business Standard that claims that this variant contains more mutations than Omicron and that it may be more violent.
Israel's state media Kan reported that the sub-variant has also been observed in Denmark, Australia, Canada, China, India, and Singapore, which suspected originated from India.
Omicron not necessary positive for rubberex. Company facing intense competition from local big boys glove factory that ramp up their production the past 2 years. China gloves manufacturers are chipping at the low end of the market { rubber and non medical sector } driving down prices
overcapacity of gloves ? Still need gloves right ? How long the rubber producer signed the contract with their clients? how much they valued? How much is the profit and growth despite the price of the gloves are down?
The antibodies created from a fourth COVID-19 vaccine were “probably not enough for the omicron,” said Gili Regev-Yochay, director of Sheba Medical Center’s Infectious Diseases Unit, from a clinical study.
The European Medicines Agency warned that too many COVID-19 vaccine booster shots too soon could hurt our immune system, which could make us more vulnerable to different types of sicknes
What's worrying Rubbrex Board holding 240 Million cash never paid out a single sen to thier minorities suffering shareholders {unlike TGlove, Supermax, Kossan or Harta} . when they are making big profit in the last 2 years. Instead they buy into the uncompleted mall for 181 Million { a 20% stake in the Empire City Mall} looks like Rubbrex may increased further their stake to complete the Mall. The Shopping mall project is one part of the Mamorth Empire Damansara development. For equity accounting Rubbrex need to upp their stake....but unless they raise additional funds thru private placement or rights etc
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....
kevinobc
1,092 posts
Posted by kevinobc > 2022-01-10 10:40 | Report Abuse
https://www.nytimes.com/live/2022/01/09/world/omicron-covid-vaccine-tests