A closing price of 88 cents for Dnex will be nice.
Flushing works still in progress- please bear with the maintenance crew (Alam Flora ).
The flow should be better tomorrow.

@ insider- Sit on it and wait till Rm2-00

PEB /Re NIKOLA - An Independent Solar Power Producer in Malaysia.

A potential multi bagger.

11/03/2021 11:19 AM

A large army of punters /gamblers need to be flushed out before resuming the uptrend. Stay focussed, be patient and keep believing in Dnex's massive potential viz the SilTerra JV.

Its not a dampener at all Vespa- Absolutely, the semicon /foundry sector is the jewel and where the focus must be. Properly executed and with the latest Chinese technology -Silterra will turn out to be a goldmine. The future lies in Technology.

The Ping venture is just a short term side show .

The acquisition of Ping Petroleum will bring in at least Rm 200 million per annum for Dnex.

3000 bpd x 60x4= rm 720,000 per day x 365 days= 262.8 million net profit per year.

90 % of Ping = RM237 million per annum for Dnex

* Based on the assumption Brent crude stabilise at 80 usd per barrel & cost at 20usd per barrel.

And this is just the Energy sector.

-------------------------------------------------------------------
Posted by justiceserver > Mar 10, 2021 11:08 PM | Report Abuse

Note: Operating cost (opex)/barrel in that field is only 19.00 - 20.00,inmaterial how much oil price when Dnex buy..
Means v good margin/barrel:
e.g..if todays price is 67.0,margin is 67- 20=47.0 / barrel..
if production rate is 3000 bpd = 47 x 3000 = xxxxx USD gross profit/day..

I rem the probable oil reserves in that field is 62 mil barrels

He did not buy anything Bro., He is just a pathetic TROLL.

Dnex market cap is currently at 1.92 billion. (same at Dataprep )

Dnex is considered undervalued as it has the following growth sectors namely-

1-My Digital- Malaysia Digital - Cloud and AI technology
2-Silterra- Super chips- JV with China BGP with SMIC latest technology.
3-Ping Petroleum-stake to be increased to 90%- Oil to stabilise at USD 80 per barrel
4-Submarine cables- installation and maintenance- under mY digital

A TP of RM2.0 can be easily achieved upon signing of the Agreement between DnEX , China BGP & Khazanah.

Warrants price will be kept low ( kept at at discount to mother share) to entice the warrant holders to convert warrant to mother share.

711 million warrants X 50 cents= RM355 million

Dnex need this funds urgently- for the Silterra acquisition & Ping Petroleum.

Just my 2 cents.

Well said Mabel- you are one brilliant pussy cat.

1. Based on Beijing CGP Investment Co Ltd's revenue and profit target for Silterra, Silterra's value to DNex alone is worth more than RM2.70

https://www.nst.com.my/business/2020/12/647663/dnex-chinese-partner-ou...

Beijing CGP Investment Co Ltd's revenue and profit target for DNex are:

Target value: US$1.5bil (RM6bil)

Revenue: US$350mil (RM1.4bil)

Profit: US$75mil (RM300mil)

Based on most semiconductor stock valuation now at 30x PER, Silterra's value to DNex alone is potentially worth RM2.70, being;

30x RM300mil profit / 1.998bil shares (60% share of Dnex in Silterra) = RM2.70/share

At current price of RM0.5, DNex is more than 3 times below its fair value.

2. Keep in mind that Silterra must be held majority by Malaysian. This would mean that Dnex must also be majority owned by Malaysian.

Based on the 2020 Annual Report, it would be easy for foreigners to accumulate in big portions. Thus, likely that the insiders or Local Institution will accumulate to ensure that DNex is 50.1% held by locals.

Maybank IB is one of the major Short Sellers ( SHORTIES) - obviously the gave a very 'SICK' or pathetic target price.

Its all about manipulation.

Public Bank is conservative and scrupulous -they gave a T of RM7.60.

Posted by investmalaysia8 > Mar 10, 2021 12:52 PM | Report Abuse

Wow Maybank give target RM4.85? GG lor

Warrant is lower because of the 50 sen excercise price & warrants will be expiring in July 2021.

So, don't chase warrant - very very high risk.

Posted by e1shi > Mar 10, 2021 1:47 PM | Report Abuse

how come warrant is lower than mothershare? any exercise will happen?

rr88 cakap arini Dnex limit up dekat closing time.

Posted by newages00 > Mar 10, 2021 1:12 PM | Report Abuse

mana rr88?

At this speed and momentum 1.03 today is likely.

Agreement maybe finalised.

Target RM1-00 by Friday- be patient folks.

For the more patient folks RM 2-00 by August.

Those able to hold longer will be big winners !

Supermax could be a takeover target due to its current attractive valuation . TG or foreign giants such as P&G may be interested.

The buyer need to spend like RM5.5B, but the effective cost could be only RM3.3B. because the new owner will have full command of the cash reserve after acquisition.

Foreign investors may be attracted to Supers's strong OBM/ODN which they had built over the years.

In addition -Supermax's 3 years PAT will exceed its current market cap of RM11 billion

Super undervalued.!

Supermax -The top Stock attracted foreign buying.
--------------------------------------------------
Foreign investors’ turned net buyer after three consecutive weeks of net sells
They were mainly buying glove makers and banks. The top three stocks that attracted foreign buying were Supermax, Top Glove and Public Bank while stocks with the highest foreign outflows were Tenaga, MYEG and DIGI. YTD foreign net selling fell to RM1.4bn.

Supermax's 3 years PAT will exceed its current market cap of RM11 billion - Super undervalued.!


"FOREIGN FUNDS ACCUMULATING SUPERMAX-THE STOCK IS TOO GOOD TO IGNORE !"

Tradeview has made a good summary , the key points are-

1. 2H will be better than 1H due to more capacity and higher ASP. Earning is not peak yet . We can expect better earnings in the next 2 qtrs.

2. Based on Frost and Sullivan Research, demand will grow 28 % in 2021 , 17 % in 2022 ,14 % in 2023, 12 % in 2024 and 10 % in 2025.

3. The glove usage per capita in Feb 2021 data for Netherland , US and few others had surpassed 300 pcs per year while usage in highly populated countries like China, philipines, Indonesia are still below 20 . There is still. huge room. for growth. The total world demand in.2025 is 732 billions which is less than 100 pcs per capita assuming a population of 7.8 billions in 2025.

In summary ,the best is yet to come and there is still growth in the next 5 years and the subsequent years.

Supermax's 3 years PAT will exceed its current market cap of RM11 billion - Super undervalued.!

CGS-CIMBMalaysia │ Strategy │ March 8, 2021


The top 3 stocks that attracted foreign buying were SUPERMAX , Top Glove and Public Bank
========================================================

Key observations on flows for the week ending 5 March 2021

1. Retail investors’ net buying momentum fell 68% wow to RM305.4m
This was the lowest net buy flows for retail investors since the week ending 11 Feb 2021. YTD net buy position by retail investors climbed to RM4.1bn. Retail investors were buying financial services and utilities sectors. Retail investors' top three net buys during the week were Tenaga, Public Bank, and Ambank.

2. Foreign investors’ turned net buyer after three consecutive weeks of net sells
They were mainly buying glove makers and banks. The top three stocks that attracted foreign buying were Supermax, Top Glove and Public Bank while stocks with the highest foreign outflows were Tenaga, MYEG and DIGI. YTD foreign net selling fell to RM1.4bn.

3. Local institutional investors on their 13th consecutive week of net selling
They raised their net equity selling by 5% wow to RM574m, bringing YTD net selling to RM3.8bn. Their largest net sells were in the healthcare sector. The five key net sells were Top Glove, Public Bank, Ambank, Hartalega and Supermax.

4. Top Glove and Tenaga dominated the top buy/sell lists
Local institutional investors were the top sellers of Top Glove last week (after news of HK listing); foreign institutional, retail and nominees investors were its key buyers. Foreign institutional were top sellers of Tenaga while retail and nominee investors were key buyers.


"FOREIGN FUNDS ACCUMULATING SUPERMAX-THE STOCK IS TOO GOOD TO IGNORE !"

Top Glove posts highest quarterly net profit in CORPORATE HISTORY at RM2.9bil
---------------------------------------------------------------------------------
The Star Tuesday, 09 Mar 2021

KUALA LUMPUR: While hopeful for a post-pandemic economic recovery, Top Glove Corp Bhd is also confident global glove demand will remain robust and not revert to pre-pandemic levels.

In 2Q FY21, Top Glove recorded a net profit of RM2.87bil, the highest quarterly result in Malaysian corporate history and an increase of 24 times net earnings from the previous corresponding quarter.

The group reported its highest-ever quarterly sales revenue of RM5.37bil, which was 336% higher than in the previous comparative quarter, and 13% higher quarter-on-quarter.


"HIGHEST IN CORPORATE HISTORY OF MALAYSIA"

Supermax: Trading at Forward PE of 3.3 While Sitting on RM3.56 Billion Cash Pile
==========================================================

Supermax best describes the extent of irrationality of the market right now.

At market close, the stock of Supermax was trading at RM4.28. Ten analysts cover the stock (and all ten have "BUY" calls on it), and they have an estimated consensus PAT for FY21 at RM4.15 billion, and for FY22 at RM2.44 billion. Both of these estimates are at relatively low standard deviations. In fact, excluding KAF's bearish estimates, the standard deviation drops by about 30%. KAF have given a PAT estimate for FY21 at RM3.542 billion, which means that they expect the company will earn a total of RM1.642 billion over the next two quarters.

The company has already declared PAT of approximately 1.9 billion for the first half of FY21, so the remainder is RM2.25 billion. Assuming even distribution of profit in FY22, the first two quarters of that financial year should result in total PAT of RM1.22.

Thus, the total estimated PAT for the next one year should be RM3.47 billion, or EPS = RM1.275.

This means that the 1-year forward PE at present is 3.3.

Undervalued & too good to ignore

Companies that deploy their retained earnings wisely, their value goes up further- SUPERMAX
-----------------------------------------------------------------------------

Investors who do not believe in glove stocks cannot fathom the level of revenue and profits that glove makers are making hence they move with the HERD mentality that with Covid-19 gone, the company value is gone. THIS IS NOT TRUE.

I have mentioned before, profits earned goes into the company as retained earnings. The higher the retained earnings, the more valuable the company would be. If the company wants to maintain its value or become more valuable, it must deploy its retained earnings wisely.

If they managed to deploy their retained earnings wisely, their value goes up further. Investors should make a decision to invest based on the value of the company, not on short term thematic play using the "wind" to decide what companies and stocks are good for investing.

Behind every stock ticker, there is a company. The value of the stock lies in the value of the company. Investors must understand this concept to truly grasp the rationale behind investing in the stock market.

Otherwise, it is at most an act of speculation or rather to put it bluntly GAMBLNG.

BREAKING NEWS ON CNBC !

Malaysian glove makers are ‘too cheap to ignore’ after recent fall in share price, analyst says.


TOO CHEAP TO IGNORE !


ESPECIALLY SUPERMAX.

BREAKING NEWS ON CNBC !

Malaysian glove makers are ‘too cheap to ignore’ after recent fall in share price, analyst says
===============================================================

PUBLISHED TUE, MAR 9 20211:51 AM EST
Yen Nee Lee

KEY POINTS

Shares of Top Glove, the world’s largest rubber gloves producer, have fallen 17.7% this year as of Monday’s close. Its smaller peers Hartalega, Supermax and Kossan have dropped between 18% and 30%.

Such declines are “unjustified,” said Ng Chi Hoong, an analyst at Malaysian investment bank Affin Hwang.

Ng reiterated his “overweight” call on the sector and has a “buy” rating on the four stocks.


THE CLOWNS/NAYSAYERS STILL SAY OVEVALUED- FOOLS REALLY/SORE CHAI

https://www.cnbc.com/2021/03/09/investing-analyst-on-outlook-for-top-glove-malaysian-glove-stocks.html

Supermax's 3 years PAT will exceed its current market cap of RM11 billion
--------------------------------------------------------------------------

Supermax, plan is to expand its nitrile glove production capacity to 28.5725 billion pieces by the end of this year, and to 40.5725 billion pieces by the end of 2022. As the company operates based on an OBM sales model and as it partners with government agencies in some of its major target markets, I have assumed utilization rate of 90%. According to analysts' projections, the consensus profit margin for this calendar year is going to be approximately 50%, for 2022 - 35%. For these two calendar years, the net should be:

CY2021 = RM4.98 billion (PV @ 7% WACC = RM4.654 billion)

CY2022 = RM2.997 billion (PV @ 7% WACC = RM2.618 billion)

Total for the two years = RM7.272 billion, or RM2.67 per share.

In other words, the cash on hand + the profit for this and the next calendar year, contains 94.3% of the entire current market value of the company.

The company must make close to no profit for its entire subsequent history for the current market valuation to make sense.

The number of retarded naysayers here is simply amazing. Hope there is a vaccine/medication for such people.

TG achieved no other company in Malaysian history- Record PAT of RM 2.9 billion - in last Quarter.

And clowns shamelessly condemns this excellent results- and mind you most of their factories were close for 2 weeks due to covid.

PEB will be the stock to watch - A pure play in Solar Energy concession holdings.

Investors should be focused on true renewable energy concession holdings.

One of the largest players currently in the market should be Mega First Corp Berhad (“MFCB”), and not Solarvest Holdings Berhad (“SLVEST”) or Samaiden Group Berhad (“SAMAIDEN”) with injudicious
valuations.

Current valuation is pretty attractive - taking into account its massive potential in RE.

Malaysia’s DNeX taking Ping Petroleum stake to 90%

by Mark Lammey
22/02/2021, 7:53 am
Photo of Mark Lammey

Malaysian IT and energy sector service provider Dagang Nexchange (DNeX) has reached a deal to take its shareholding in North Sea minnow Ping Petroleum to 90%.

DNeX currently holds 30% of Ping, which has an office in Aberdeen and a 50% stake in the Anasuria Operating Company (AOC), a joint venture with fellow Malaysian firm Hibiscus Petroleum.

DNeX said it would buy a further 60% of Ping for $78 million through its DNeX Energy subsidiary, with the deal expected to go through by the end of the second quarter of 2021.

It will fund the acquisition with $40.95m of cash and the issuance of new ordinary shares in DNeX for the remaining $37.05m.

DNeX managing director Dato’Sri Syed Zainal Abidin Syed Mohamed Tahir said: “Ping has proven to be a strategic fit with DNeX’s Energy division and has contributed positively to the group’s earnings over the past few years.

“Ping is a solid investment having been consistently profitable, generating positive operating cash flow, and is debt-free with a strong balance sheet.

“This transaction also supports DNeX’s strategy to further establish its presence in the upstream oil and gas business, which can be progressively scaled up over time.

Dnex Energy aka Ping Petroleum will continue the uptrend with Brent Crude trading at USD 70.15.
Brent crude expected to stabilise at USD 85 per barrel.

Dnex cost is only USD20 per barrel.

Fully agree with you @ pjseow.

Posted by pjseow > Mar 8, 2021 12:32 PM | Report Abuse

Finally, we have a report.from.Affin.Hwang which.quoted numbers from.Topglove/Frost and Sullivans on gloves Demand and Supply plus ASP s for the next 5 years. The.CAGR of demand is 15 % versus the 8 to 10 % growth in the pre pandemic periods. This is a big contrast to the naysayers who prophesised demand will drop to pre pandemic levels. The ASP will drop gradually after the peak instead of drastically as prophesised by naysayers. In.my opinion, as long as the leadtime is more than 6 months not 12 months , the ASP will erode very gradually as demand is still more than.supply. It looks like equilibrium of supply and demand most likely will happen in 2024 .

Well said Bro vespa !

Posted by vespa > Mar 8, 2021 12:38 PM | Report Abuse

guys if you suspect it's a false dawn, move on

Khazanah says Deal with Dnex is a done deal - agreement to be signed soon - Don't listen to sour grape clowns.

DNeX-led consortium wins bid for Khazanah's SilTerra

KUALA LUMPUR: A consortium led by Dagang NeXchange Bhd (DNeX) has won the bid to acquire semiconductor fabricating company SilTerra Malaysia Sdn Bhd from Khazanah Nasional Bhd.

In a bourse filing today, DNeX said Khazanah has informed it that it had won its bid for the entire issued share capital of SilTerra, subject to the signing of a definitive agreement.

May be next week a signing ceremony to be held between China Dnex & Khazanah.

Dnex 90% Ping petroleum - with Brent trending above USD 71 - will boost Next further.

Dnex -good chance to close at 93.5 today.

Negative GLOVE news to fade: Affin Hwang
----------------------------------------------------
Publish date: Mon, 8 Mar 2021


https://www.nst.com.my/business/2021/03/671958/negative-glove-news-fade-affin-hwang

By Farah Adilla - March 8, 2021 @ 11:07am

KUALA LUMPUR: Concerns over negative news surrounding glove manufacturers, especially on the uncertainty of future average selling prices (ASPs), are expected to ease moving forward so long as the overall lead time remains around 12 months, Affin Hwang Capital said.

Quoting a report by Frost & Sullivan commissioned by Top Glove Corp Bhd, Affin Hwang said the demand for disposable gloves would likely grow 15 per cent on a compound annual growth rate (CAGR) basis for the next five years, mainly supported by the rise in consumption from the medical segment.

"We concur with their thesis, as we believe that the Covid-19 pandemic would likely change consumption patterns similar to previous pandemics, given the increase awareness of the importance of PPE (personal protective equipment).

"Public policy changes are also inevitable, for example in China, the National Health and Family Planning commission in January 2020 had started to require medical staff to wear disposable gloves when necessary," it said in a note today.

Affin Hwang said apart from the concern about the uncertainty of future ASPs, the recent development of company-related newsflow had also hampered investor sentiments on the sector.

"Our checks indicated that that the order cancellations, the shortening of lead time and the equity fund raising are not related to the outlook of the overall sector but peculiar to Top Glove only.

"Due to Top Glove's dominant market share, there were concern as it might be raising fund in anticipation of a weaker outlook moving forward," it said.

Affin Hwang said ASPs would fall gradually and would not revert to pre-Covid-19 levels at least for the next two to three years.

Since the start of the year, the overall market cap of the sector has contracted by 19 per cent, and has underperformed the overall market, which manage to deliver -1.7 per cent year-to-date return.

"There is no doubt that the current ASP trend is not sustainable, as demand would normalised as more vaccines are being administered," it said.

However, Affin Hwang expects ASPs to decline by 30-35 per cent (3.0-3.5 per cent per month) in 2021, consistent with Frost & Sullivan's research report.

"Although we are expecting overall supply to increase by 20 per cent per annum over the next few years, demand is also expected to grow by 15 per cent, outpacing historical growth of 8.0-10 per cent per annum," it said.

Affin Hwang has maintained its "overweight" call on the sector.

Under SLVEST, the company has 4 key segments; namely the EPCC of solar energy solution, O&M of solar energy system, sale of electricity through solar energy and “others”. Technically, O&M and sale of electricity are similar, and we can see the inter-segment revenue crossed between them. Based on SLVEST’s annual report for financial year end 2020 March, the company had only owned a 1 MWp solar PV plant. Most of SLVEST’s revenue comes from EPCC segment and SLVEST’s market capitalization is currently approximately MYR 989.0 Million.

Lastly, SAMAIDEN had 3 segments. Namely EPCC services, RE and Environmental Consulting Services and O&M Services. Like SLVEST, a big chunk of revenue of SAMAIDEN comes from EPCC sector and minimal revenue and profit were contributed from O&M services. The company plans to invest in a 12 MW solar PV power plant but had not integrated into the company yet, and under their IPO plans, the management had also shared their interest in biogas/biomass plant. As of now, the market capitalization of SAMAIDEN stands at approximately MYR 361.0 Million.

Based on the studies we did above, the closest peer for PEB, or reNIKOLA in the future should be CYPARK alone. SLVEST and SAMAIDEN are not matured in operating their own solar PV farm, and they are specialized in EPCC, which means they are more focused in the contract basis business.

You obviously fail to understand or ignorant of basic economics -demand & supply

Posted by investmalaysia8 > Mar 8, 2021 11:06 AM | Report Abuse

Gloves companies are the worst. Increase price gao gao during pandemic. 趁火打劫

Here's chilling news for @emsvsi - the Genting Fan

PAS says gambling will go by 2025

FMT Reporters - January 2, 2021

PAS, which was fighting to close down all gambling outlets when it was in the opposition, now says it requires more time.

PETALING JAYA: Despite the PAS-backed Perikatan Nasional government quietly increasing the number of “special draws” for 4D numbers back to 22 a year after Pakatan Harapan (PH) had reduced it, the Islamist party says it has not changed its stand on eradicating gambling.

Genting kills whereas Gloves saves lives.

You sound like someone who needs the Pfizer Viagra pill - your argument seem flaccid.

Posted by Honesty > Mar 7, 2021 8:43 PM | Report Abuse

From creating fake news about vaccine dearh to now variant evade antibodies. What is next ?? Why go so low in order to con people to buy ?? How much did you got trapped till you have to be like scum bag ??

He must be thinking about the blue pill - the Pfizer viagra pill- it works mind you.

Posted by beginner > Mar 7, 2021 8:37 PM | Report Abuse

Laugh die me, pill... If vaccines can cure the covid what is diff with one more option pill, funny....

Variants can evade antibodies
------------------------------
Variants of SARS-CoV-2 can evade antibodies that work against the original virus, according to new research at Washington University School of Medicine in St. Louis.

The findings suggest that current COVID-19 vaccines and drugs may become less effective as the new variants become dominant.

“We’re concerned that people whom we’d expect to have a protective level of antibodies, because they have had COVID-19 or been vaccinated against it, might not be protected against the new variants,” said Michael S. Diamond, MD, PhD, the Herbert S. Gasser Professor of Medicine at Washington University.

20-30% vaccination should not be harped upon, give false optimism and open up too soon .This is very dangerous . Govt. around the world should be cautiously optimistic instead of euphoric,
it's also important that they inform them accurately.

The virus won't take it on their chin and move on- they will fight for survival.

Do not let your guard down.

The Pandemic Will Never End in USA- Here 's why

Texas, Mississippi to End Mask Mandates, Ease COVID Rules Despite Warnings

Paul J. Weber and Tammy Webber • Published March 2, 2021 • Updated on March 5

The numbers are still running at alarmingly high levels, with an average of about 2,000 deaths and 68,000 cases per day

Director of the Centers for Disease Control and Prevention Rochelle Walensky says she is concerned about the leveling off in recent declines of COVID-19 cases across the country.
Texas on Tuesday became the biggest state to lift its mask rule, joining a rapidly growing movement by governors and other leaders across the U.S. to loosen COVID-19 restrictions despite pleas from health officials not to let their guard down yet.

The Lone Star State will also do away with limits on the number of diners who can be served indoors, said Republican Gov. Greg Abbott, who made the announcement at a restaurant in Lubbock.

“Removing statewide mandates does not end personal responsibility,” said Abbott, speaking from a crowded dining room where many of those surrounding him were not wearing masks. “It’s just that now state mandates are no longer needed."

The governors of Michigan, Mississippi and Louisiana likewise eased up on bars, restaurants and other businesses Tuesday, as did the mayor of San Francisco.

The Pandemic Will Never End in USA- Here 's why-
---------------------------------
Texas, Mississippi to End Mask Mandates, Ease COVID Rules Despite Warnings

Paul J. Weber and Tammy Webber • Published March 2, 2021 • Updated on March 2

The numbers are still running at alarmingly high levels, with an average of about 2,000 deaths and 68,000 cases per day

Director of the Centers for Disease Control and Prevention Rochelle Walensky says she is concerned about the leveling off in recent declines of COVID-19 cases across the country.
Texas on Tuesday became the biggest state to lift its mask rule, joining a rapidly growing movement by governors and other leaders across the U.S. to loosen COVID-19 restrictions despite pleas from health officials not to let their guard down yet.

The Lone Star State will also do away with limits on the number of diners who can be served indoors, said Republican Gov. Greg Abbott, who made the announcement at a restaurant in Lubbock.

“Removing statewide mandates does not end personal responsibility,” said Abbott, speaking from a crowded dining room where many of those surrounding him were not wearing masks. “It’s just that now state mandates are no longer needed."

The governors of Michigan, Mississippi and Louisiana likewise eased up on bars, restaurants and other businesses Tuesday, as did the mayor of San Francisco.

Foreign Funds accumulating Supermax at bargain prices.
--------------------------------------------------------
According to data from CGS-CIMB, Supermax TOPS THE LIST of net buys by foreign investors for the month of February, followed by Hartalega and Kossan in positions 2 and 3.

Local institutions were the largest net seller of Top Glove and Supermax stock in recent weeks.

Additionally, we recently learned that a popular investor has also disposed of his position in Supermax.

Foreign Funds are very well aware that Supermax is trading at Forward PE of 3.3 while sitting on RM3.56 Billion cash pile. This is what value investing is all about.

Here are reasons why Gloves will be trending upwards- another wave is brewing especially in Europe


https://www.thestar.com.my/news/world/2021/03/07/italy-reports-307-coronavirus-deaths-on-saturday-23641-new-cases
https://nationalpost.com/pmn/health-pmn/czechs-ask-germany-poland-switzerland-for-help-with-covid-19-patients
https://news.yahoo.com/hungary-could-announce-lockdown-measures-101900204.html
https://www.timesofisrael.com/as-transmission-rate-rises-above-1-virus-czar-says-4th-lockdown-a-possibility/

Never let your guard down as new stains that are highly virulent is fast spreading- even with mass vaccination.

The virus keeps mutating to survive.

Top Glove: Production Capacity to Grow to 208 Billion Pieces by 2024
Author: Ben Tan | Publish date: Sun, 7 Mar 2021, 4:53 PM

A week ago, when I wrote an article on one example way of gauging Top Glove's enterprise value , I used all the publicly available information we had at that time. We had a clear idea of the company's expansion plans through the end of 2022, and we also had the total capacity projection by end of 2025 (193 billion pieces of glove at that time). However, in its latest investor presentation from Friday (5 March), Top Glove shared their plans until the end of 2024!

Read more here-

https://klse.i3investor.com/blogs/bursainvestments/2021-03-07-story-h1...

Interesting article on TG

https://klse.i3investor.com/blogs/bursainvestments/2021-03-07-story-h1542062719-Top_Glove_Production_Capacity_to_Grow_to_208_Billion_Pieces_by_2024.jsp

Here are reasons why Gloves will be trending upwards- another wave is brewing especially in Europe
----------------------------------------------------
https://www.thestar.com.my/news/world/2021/03/07/italy-reports-307-coronavirus-deaths-on-saturday-23641-new-cases
https://nationalpost.com/pmn/health-pmn/czechs-ask-germany-poland-switzerland-for-help-with-covid-19-patients
https://news.yahoo.com/hungary-could-announce-lockdown-measures-101900204.html
https://www.timesofisrael.com/as-transmission-rate-rises-above-1-virus-czar-says-4th-lockdown-a-possibility/

Never let your guard down as new stains that are highly virulent is fast spreading- even with mass vaccination.

The virus keeps mutating to survive.