I agreed with you, that why I got my portion at 58sen. That just rumour saying result worst than previous quarter, mayb factor in no one know the share price movement next.
Kei2 Buy some 1st Buy more at triple bottom if qr bad. No need to time market. You sure qr bad price go down?
FDA says Pfizer Covid vaccine provides some protection after first dose, meets success criteria
PUBLISHED TUE, DEC 8 20208:04 AM ESTUPDATED TUE, DEC 8 202010:08 AM EST
~ The FDA said data from Pfizer’s coronavirus vaccine trials was “consistent” with recommendations put forth by the agency for an emergency use authorization.
~ FDA staff also said data submitted appeared to show the vaccine provided protection after the first dose.
~ It added that two doses of the vaccine were “highly effective” in preventing confirmed cases of Covid-19.
The Food and Drug Administration said Tuesday that data from Pfizer’s coronavirus vaccine trials was consistent with recommendations put forth by the agency for an emergency use authorization. It also said the vaccine was highly effective and did not raise any specific safety concerns.
In documents published ahead of an advisory meeting Thursday to review Pfizer’s vaccine, FDA staff also said data submitted appeared to show the vaccine was 82% effective after the first dose. Pfizer’s vaccine recommends two doses about three weeks apart. The agency added that two doses of the vaccine were “highly effective” in preventing confirmed cases of Covid-19 at least seven days following the second dose.
The FDA has indicated it would authorize a vaccine that’s safe and at least 50% effective. The flu vaccine, by comparison, generally reduces people’s risk of getting influenza by 40% to 60% compared with people who aren’t inoculated, according to the CDC.
“As such, FDA has determined that the Sponsor has provided adequate information to ensure the vaccine’s quality and consistency for authorization of the product under an EUA,” the agency said on its website.
The FDA is expected to decide on whether to authorize Pfizer’s vaccine within days. The U.K. on Tuesday began mass inoculations with the vaccine based on its approval of emergency use.
The documents posted Tuesday offer a glimpse of the FDA’s view of the vaccine. The agency is scheduled to convene a meeting of its Vaccines and Related Biological Products Advisory Committee, a group of outside medical experts, on Thursday to review Pfizer’s Covid-19 vaccine with German drugmaker BioNTech for emergency use.
Emergency use authorization means the FDA will allow some people to receive the vaccine as the agency continues to evaluate data. It isn’t the same as a full approval, which can typically take months. The FDA granted emergency clearance for Gilead Sciences’ remdesivir in May before giving full approval in late October.
Undervalue n good time to enter for recovery theme . I believe their new chain in Korea w be good . Anything below 80 sen can consider . All the best comrades
last weekend visited 1 of their new store in Melaka they named it myNEWS Supervalue concept like a combination of family mart+99, but the display design very neat and clean, feel welcoming. Love to see they change become better
Ban on restricted short-selling to be lifted on Jan 1, but intraday short selling remains prohibited until Feb 28
(theedgemarkets.com / December 16, 2020 19:17 pm +08)
KUALA LUMPUR (Dec 16): The suspension of restricted short-selling (RSS) on Bursa Malaysia is set to be lifted on Jan 1 next year, after the sanction was imposed by the regulators for nine months.
However, the regulator extended the ban on the intraday short-selling (IDSS) and intraday short-selling by proprietary day traders (PDT Short Sale) until Feb 28, 2021. Consequential to the extension of PDT Short Sale, temporary waivers in relation to PDT will also be extended to Feb 28, 2021.
To recap, the ban on short selling of equities was imposed by the Securities Commission Malaysia (SC) and Bursa Malaysia starting on March 24 this year when global markets were hammered by the equity rout. The move, said the regulators, was “part of their proactive measures to mitigate potential risks arising from heightened volatility and global uncertainties.”
The suspension was initially targeted to end on April 30 but was extended for three times. At first it was targeted to end on June 30, but was extended till Dec 31, 2020 and it was further extended till Feb 28, 2021.
“The SC and Bursa Malaysia Bhd will lift the temporary suspension of Regulated Short Selling (RSS) and have reviewed other market management measures that were introduced this year following heightened market volatility arising from the broader impact of Covid-19.
“This decision was made after careful consideration of current market conditions and the evolving needs of the market,” according to the joint statement by SC and Bursa Malaysia.
It stated the move to lift the ban of RSS is to facilitate investors’ risk management and revive Securities Borrowing and Lending (SBL) activities, which is an integral capital market function to promote product development and market making activities.
Notwithstanding that, the RSS will be re-introduced with the following enhanced control measures to ensure stability and maintain investor confidence.
“The daily gross short position limit for approved securities will be temporarily reduced from 3% to 2%; and a new cap of 4% on RSS aggregated net short position will be introduced,” the statement showed.
Meanwhile, they said the temporary revisions to existing market management measures, namely the dynamic and static price limits as well as the circuit breaker, will be extended till May 30, 2021. These were implemented on July 20, 2020 and are due to expire on Jan 18, 2021.
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....
LC LAU
579 posts
Posted by LC LAU > 2020-12-06 23:04 | Report Abuse
I agreed with you, that why I got my portion at 58sen. That just rumour saying result worst than previous quarter, mayb factor in no one know the share price movement next.
Kei2 Buy some 1st Buy more at triple bottom if qr bad. No need to time market. You sure qr bad price go down?