Posted by SJSOON > 2020-11-09 18:47 | Report Abuse

The model is like SCIENTEX. Future value should be $10 and above.

Posted by SJSOON > 2020-11-09 18:48 | Report Abuse

Enjoy 10 times potential return.

Posted by SJSOON > 2020-11-09 18:48 | Report Abuse

Got virus, people use gloves; no virus but with vaccine, gloves are needed too. Please think carefully.

Posted by Vanbasten > 2020-11-09 19:43 | Report Abuse

Watch out cw going to fly again

Posted by Sailangking > 2020-11-09 19:46 | Report Abuse

tp rm1.50 end of this year...

Posted by DreamGuardian > 2020-11-09 20:00 | Report Abuse

The next transformation to proposed gloves manufacturing

https://www.klsescreener.com/v2/news/view/750847/The_Next_Transformation_Proposed_Gloves_Manufacturing

Posted by DreamGuardian > 2020-11-09 20:01 | Report Abuse

Haa

Posted by DreamGuardian > 2020-11-09 20:02 | Report Abuse

Siapa yg cakap ini main-main punya hal aah

Posted by DreamGuardian > 2020-11-09 20:02 | Report Abuse

x ada main-main punya oh

Posted by IMP0ST0R > 2020-11-09 20:03 | Report Abuse

Stuck here while other counter flying

Posted by imvu > 2020-11-09 20:28 | Report Abuse

giler.. dow30 spike all time high.

Posted by imvu > 2020-11-09 20:32 | Report Abuse

banyak future market spike tinggi ni, adakah besok akan gap up > limit up?

Posted by izulemas > 2020-11-09 20:35 | Report Abuse

glove take over this week

Posted by kahsoon888 > 2020-11-09 20:52 | Report Abuse

Mah sing drop from 1.4 to 1

Posted by rob8ry24 > 2020-11-09 21:05 | Report Abuse

no worry, niahsing still got property.

Posted by Sailangking > 2020-11-09 21:29 | Report Abuse

https://www.klsescreener.com/v2/news/view/751303

Posted by Sailangking > 2020-11-09 21:29 | Report Abuse

Ms 2 in 1....

Posted by mohdhafizwan > 2020-11-09 22:12 | Report Abuse

is there pressure from vaccine news?

Posted by questra > 2020-11-09 22:18 | Report Abuse

Tomorrow limit down confirm

Posted by schuafamily > 2020-11-09 22:21 | Report Abuse

https://www.facebook.com/64839963085/posts/10158923786888086/

Posted by kahsoon888 > 2020-11-09 22:33 | Report Abuse

Property like shit..Now do gloves..

Posted by mitchu > 2020-11-09 23:30 | Report Abuse

Vaccine by pfizer 3rd trials suuceesful .dow jump 1500pts. Oil travel bank and airline stocks jump. Mah sing limit down tomorrow.

Posted by gemfinder > 2020-11-09 23:33 |

Post removed.Why?

Posted by stkoay > 2020-11-09 23:38 | Report Abuse

KUALA LUMPUR: Hartalega Holdings Bhd says demand for rubber gloves won’t be affected by vaccines for the Covid-19 coronavirus and will continue to outstrip supply in the next three to four years.

The pandemic has changed users’ behavior, that has resulted in the demand for gloves, chairman Kuan Kam Hon told reporters. Demand for usage in developed countries have increased 30% while in developing countries, usage has more than doubled, he says.

The industry cannot meet the 120b of additional demand for gloves. This demand can only be fulfilled in three years, he adds.

Spot prices for gloves have jumped 30% this quarter and he expects them to increase 40-50% in coming quarters, he says.

Glove prices are now three times higher compared to those during pre-covid-19.

Hartalega earmarked RM1.5bil investment to build four plants, of which first two lines will be operational by October 2021.

Another RM3bil is for its next expansion phase, its so-called NGC2, which will be fully completed in seven years. - Bloomberg

Posted by Plantermen > 2020-11-10 07:14 | Report Abuse

Expect trading volatility in Glove markers

Posted by ocpd > 2020-11-10 08:26 | Report Abuse

Mah Sing glove factory will be "gam gam ho" ready together with availability of vaccine worldwide hahaha

Posted by cch94076 > 2020-11-10 08:43 | Report Abuse

https://www.straitstimes.com/world/united-states/why-pfizers-ultra-col...

VACCINE IS NOT EASY TO KEEP

Posted by ocpd > 2020-11-10 08:55 | Report Abuse

so funny when it comes to health, ppl rather bet on money than health ... even if you make the money but get covid-19 you won't have time to spend ya

Posted by ronl98 > 2020-11-10 09:26 | Report Abuse

when they realise vaccine news has no real steam

Posted by Edi8888 > 2020-11-10 09:49 | Report Abuse

got vaccine or no vaccine those glove companies also making money due to high demand.

Posted by arman70 > 2020-11-10 09:52 | Report Abuse

every injection of vaccine u still need fresh gloves for each person. unless in africa may be they use 1 pair for 10 people

Posted by tahong > 2020-11-10 10:34 | Report Abuse

Why listed company like Mahsing or other want to start up gloves company which require abt one yr to start operation , why not acquire Comfort from open market to save all the trouble of buying suitable land , machinery , employ skill workers etc .....

Posted by dmksn > 2020-11-10 10:37 | Report Abuse

LMAO, China reported 60k people injected with covid vaccine with no one infected and glove counter remain uptrend. US less than 100 people injected with vaccine and reported 90% effective, glove counter drop like hell.

Posted by RISK8888 > 2020-11-10 10:45 | Report Abuse

more glove is required for vaccination process. furthermore each of us may need vaccination for more than one dos as it to be effective. the whole world population need to be vaccine. count the number of glove required for the process. and this process will take at least 2 years to complete. so it it obvious that the demand of glove will remain at least until 2023.

Posted by kabam88 > 2020-11-10 11:24 | Report Abuse

This is just short term selling off. If you look at Mahsing movement pr chart, it has down and is moving upward. Was derailed by vaccine news. I think those got holding power will benefits soon.

Posted by kabam88 > 2020-11-10 11:26 | Report Abuse

in fact now is the buying time when everyone are fear

Posted by Hengoredi > 2020-11-10 11:28 | Report Abuse

Time to accumulate more.

Posted by Snowpiercer > 2020-11-10 11:30 | Report Abuse

Good price to accumulate

Posted by kabam88 > 2020-11-10 11:34 | Report Abuse

One more point to add, Mahsing is a property stock + venture in to glove. So vaccine news will be good for it property sector. Either way Mahsing benefits

Posted by wong > 2020-11-10 11:51 | Report Abuse

Vaccine news caps rally of new glove industry entrants
KUALA LUMPUR (Nov 10): The slew of companies that recently announced plans to enter the rubber glove business were broadly hit by a selldown this morning amid news that an experimental Covid-19 vaccine developed by Pfizer and its German partner BioNTech was more than 90% effective.
As of 10.09am, shares in AT Systematization Bhd had slipped 11.6% or 2.5 sen to 19 sen. It was the most traded counter this morning, with 1.05 billion shares traded within two hours after the opening bell.
Luster Industries Bhd was the seventh most actively traded stock today, with some 76.86 million shares done. It was down by 11.63% or 2.5 sen at 19 sen, valuing it at RM458.05 million.
Meanwhile, HLT Global Bhd shares were trading 5.03% or eight sen lower at RM1.51, giving the stock a market capitalisation of RM925.99 million. HLT saw 8.77 million shares transacted.
Mah Sing Group Bhd, whose share price had more than doubled after announcing its foray into the rubber glove space, dropped 5% or five sen to 95 sen apiece, translating into a market value of RM2.31 billion.
As for Inix Technologies Holdings Bhd, it was down 6.52% or 1.5 sen at 21.5 sen, valuing it at RM89.76 million. The counter saw 2.45 million shares transacted.
Titijaya Land Bhd fell by 1.21% or half a sen to 41 sen piece, valuing the property developer cum rubber glove and Covid-19 vaccine player at RM556.94 million.
Meanwhile, Hong Seng Consolidated Bhd (formerly known as MSCM Holdings Bhd) was down by 2.83% or three sen at RM1.03.

Kanger bucks the trend
However, Kanger International Bhd bucked the trend. Its share price was up 2.63% or half a sen at 19.5 sen. Thes stock was the third most actively traded counter on Bursa Malaysia, with 240.34 million shares done.
The new entrants, except for HLT Global, have yet to commence glove production. The availability of the vaccine raises the question of whether growth in demand for disposable rubber gloves will remain as strong moving forward to absorb additional supply from the new entrants.
The selldown seen among most of the new kids on the block in the rubber glove sector came after Pfizer made an overnight announcement that its Covid-19 vaccine candidate had a more than 90% efficacy rate with no serious concerns based on initial trial results.
Pfizer is hoping to ship out up to 50 million doses this year for 25 million people, and produce 1.3 billion doses in 2021.

Posted by SJSOON > 2020-11-10 13:12 | Report Abuse

Whether you like it or not, gloves are necessities for the following 3-5 years.

Posted by Plantermen > 2020-11-10 13:15 | Report Abuse

Next 2 years will still be OK. Demand already lock in.

Posted by oskchoon > 2020-11-10 14:26 | Report Abuse

wong, thanks for the information, however, even vaccine is available next year but the reliability is questionable, glove demands will remain strong until 2024, Mah Sing is cash rich and AT is cheap.....

Posted by Rajuan_Singh > 2020-11-10 14:54 | Report Abuse

As expected.........glove losing grip for the time being. Take position below 90

Posted by ronl98 > 2020-11-10 14:58 | Report Abuse

MS is still a construction company, why trader treats it as a glove company? lol

Posted by quekkeong > 2020-11-10 16:07 | Report Abuse

this is second times reverse back from historical higher price, buy and too late. Same that time 0.91 reverse back to 0.605 also second time.

Posted by kd88 > 2020-11-10 16:16 | Report Abuse

Pfizer说他疫苗90%有效，但他们还需克服一个技术难题

那就是运输和储存。这个听起来简单的物流工作，绝不是找个什么poslaju 或者dhl 就可以完成。Pfizer疫苗和Moderna 那支一样，这两支美国疫苗属于mRNA 疫苗，技术上属于比较新的。但是这种疫苗有个问题，就是必须在极冷环境下储存。Pfizer 那支就声称必须在负摄氏80度，比你家冰箱还冷很多。要在这个极低温环境下把大量疫苗送到世界各地直到被注射前，是个大难题。

Posted by iamismail > 2020-11-10 17:00 | Report Abuse

Buy Caely 7154. Pubkic Gold founder is becoming new shareholder. This could be another GETS. Strong quater reporting coming. Sales of mask and PPE

Posted by oskchoon > 2020-11-10 17:23 | Report Abuse

Today Mah Sing pull back 7% and AT Systematization pull back 12 % are very healthy considered all the weak contra players are all sold out, tomorrow will be a better day for us...

Posted by oskchoon > 2020-11-10 17:26 | Report Abuse

kd88, regarding your concerns about cold storage for vaccine, Kanger have team up with one specialised vaccine storage pharmacy to do that, pls check Kanger Web site for details...