Lot of newbies trading . Must give them proper guidance . Someone must be firm enough to say hold , if not , all would have sold at 3.7+ earlier and bang balls now .


KYY new blog post 10/8/20
Target price for Top Glove : 126 based on P/E : 20

This is your once in a lifetime ticket to settle down in life .
Don’t give it up so easily to frauds who manipulate the system .
Careplus director already help you by giving you hint and buying in last week .

If you think opening at 4.46, then dropping to 3.72 and rising back to 4.3 within ten minutes is normal market movement with zero manipulation , then you need intensive treatment ;)

Engineered dip. It seems Supermax QR is half a bill .

Let’s put all the falling knives fake sifu theories to rest . Unsubscribe from all those snake oil peddlers . Not even one of them had the guts to make a glove call .

9/8/20 NEWS UPDATE

Brazil Senate Announces 4 Days Of Mourning
as COVID death count rises to 100,477 fatalities .
Total confirmed cases rises to > 3 million (3,012,412 )

Country population : 212 million

The health ministry reported 905 new deaths in the past 24 hours, as well as 49,970 new cases.

But the official figures are most likely an undercount, with experts estimating that the total number of infections could be up to six times higher due to insufficient testing.

https://www.cnn.com/2020/08/08/world/brazil-covid-19-deaths-intl/index.html


60% of CareGlove Global ( Careplus Sdn Bhd subsidiary) caters for the Brazilian market .

Lim Kwee Shyan ( Careplus Sdn Bhd) seeks to expand market to Latin America , Australia and Canada )

Pastor : Malaysian Medical council can sue you for that misinformation my friend .

WHO/CDC : Infective Disease Guidelines

Gloves must be changed between clients and hands cleaned.

John :Vaccine news is All the better and merrier for gloves counter
60-70% of the population need to be immune for herd immunity .
More than 2/3 jabs may be required for vaccines to be effective in the Elderly population .

Vaccines will be rolled out and priority given for
1) Health care workers
2) Public servants
3) Military
4) Elderly
5) Immunocompromised
6) Suspectible ethnicities

So , all these will need paperwork - at least another 6 months ....
Handling all these people will require lots of gloves and protective gowns .

So , it’s a parade for Gloves :)

https://www.google.com.my/amp/s/www.thelocal.fr/20200611/plea-to-buy-made-in-france-face-masks-as-country-faces-a-surplus/amp


I did not want to cause panic when I vaguely mentioned millions .

It is 40 million facemasks that remain unsold as 450 companies went into face mask manufacturing .

Now Macron calls everyone to buy facemasks ‘MADE IN FRANCE ‘ only .


I know a lot of sifus kompaming face mask counters for personal gains as the profit margin is higher for FIFO


Unscrupulous

9/8/20 UPDATE :

Careplus Sdn Bhd listed on textile global initiative to provide disposable gowns for third party labels

https://www.technicaltextile.net/suppliers/disposable-gowns/16/293?page=10


9/8/20

Millions of facemasks in France remain unused .
Oversupply .

BREAKING NEWS 8/8/20

Washington Post :
“Coronavirus relief talks collapse on Capitol Hill as Trump readies executive actions
Pelosi says Democrats offered to reduce price of their bill by $1 trillion, GOP rejected “

https://www.washingtonpost.com/us-policy/2020/08/07/congress-coronavirus-stimulus-trump/

So , the failure of rolling out an efficient stimulus package is going to drive all other stock sectors down except Gold & Gloves .

All those in Tech , O&G and pennies get out and come back to gloves/gold while you can .

Bcareful : then , how you planning to administer the vaccine , use a sumpit and blow at the patient ?
When the time comes , we will come to vaccine counter .
The time is not now .

TTD1990 : Fair Dinkum , aight .

Careplus holders , sleep well , don’t panic .
Marathon up ahead .

This mask counter frenzy is really anxiety inducing .
I fear for all the newcomers who are going to lose their money .

In China itself so many mask companies are shutting down due to over supply .
50 masks went for rm 7 yesterday on Shopee sale , many from Vietnam .
I know families re using the same mask/person for a month since they claim to only use it briefly .


Health workers all over are not demanding to use 3 PLY MASKS that all our Malaysian counters are raving and raging about . They are demanding N95 masks .
Apples and oranges .

US producer 3M said last month it was on track to produce two billion N95 masks in 2020, effectively doubling production rates.

Gloves though get visibly dirty and have to be changed per person usage .

All that said and done , don’t stay in this honeymoon lodge for too long .
It is a rapid bull ride . A ride enough to settle all of us nice and smug .

Elections are coming up in a lot of places .

In US , Democrats have been pressuring Trump to use the Defense Production Act , a federal law that would mobilize industry and provide badly needed resources against the coronavirus spread .

So if the Democrats win the election , we plan our swift exit from this bull charge .

NewtoThis : I went in twice on Friday , unfortunately not at 4.3 , dang .

PharmaAce : Agreed .

Today , UAE corona infection rate went up to 30% .
They are in accelerated phase of vaccine development , which means more testing , more volunteers for vaccines —> more gloves needed .


Gloves are needed for all stages of prevention , treatment , recovery and rehabilitation

1) Mass population screening to be implemented in many countries : 2 pair of gloves to perform nasal swabs

2) Vaccine trials in phases : Volunteers need to be handled with gloves

3) Vaccine launching : If Covid vaccine gets inducted into many countries national immunisation schedule : that would mean , My God , a pair of gloves for every citizen . Right now ,Gloves are only for handling the infected ones .
IMAGINE THAT !

4) Recovery : Home visits to retest patients who recovered to ensure the viral load is truly low and no re infection . More gloves here .

5) Rehabilitation : Some departments will have to brace themselves for life long usage of gloves in their daily work lives

It’s going to rain gloves everywhere .

Now that the National Health Department of UK/US/NZ/Aus are fervently denying using Top Glove and Supermax has Andy Hall breathing down their neck too , guess who has made all the correct ethical moves .

CAREPLUS .

Why do you think Careplus husband and wife splurged close to 7.8 mil this week ?

‘ Hotel for workers dorm .
Large factory to ensure proper social distancing .


They are wrangling business by addressing all the key issues that plague the leading glove provider now .

One week old article already old news ?
Okay .
Only about recruitment fees ?
Shall I list out what are the accusations going around UK/US/Australia/NZ gov circle ?


https://www.channel4.com/news/revealed-shocking-conditions-in-ppe-factories-supplying-uk

“Our investigation has found:

Migrant workers paid £1.08 an hour for gruelling 12-hour shifts, 6 days a week
Payslips reveal some workers clocking up 111 hours in overtime, in breach of Malaysian law as the company tries to meet global demand for PPE
Top Glove accused of making illegal deductions from workers’ salaries
Appalling conditions in hostels with up to 24 workers per room
Workers fear catching virus because of poor social distancing arrangements
Top Glove reported a 366% increase in quarterly profits because of PPE demand “

https://www.newsroom.co.nz/are-your-disposable-gloves-made-using-forced-labour

“The three suppliers on the Pharmac schedule are New Zealand medical supplies companies EBOS ( sources from Ansell) and REM Systems, and Swedish Mölnlycke, known for its proactive stance on human rights and modern slavery.

All good. No Top Glove. “



The President of Ansell’s Healthcare Global Business Unit, Darryl Nazareth said: “Both Ansell and Careplus share similar values including our commitment to delivering high-quality products while maintaining high labour practice standards in our manufacturing facilities. We are excited to enter a manufacturing partnership with them, investing together behind additional capacity.”

“We continue to see excellent growth in our surgical business and this investment, together with additional capital investments we are making in our wholly owned manufacturing facilities, delivers the capacity we need to continue to grow and satisfy the increasing global demand for surgical gloves as well as support the rapid growth of our differentiated Industrial single use platforms”


Careplus is the only one moving smartly to avoid the ethical boycott by US/UK/Australia/New Zealand .

Our Bursa needs a severe investigation .
Orchestrated dip .
Ridiculous when the numbers are soaring and after the discovery of a SUPER SPREADER STRAIN

The Star

There is a possibility that the Sivagangga cluster in Kedah originated from a super- spreader strain of SARS-CoV-2, the virus behind Covid-19, says the Health director-general.

Datuk Dr Noor Hisham Abdullah said the cluster had a faster rate of transmission compared with nine other clusters in other states.


CNN :

The number of Covid-19 cases reported worldwide has surpassed 19 million, according to Johns Hopkins University.
More than 1 million infections have been recorded in Africa. The World Health Organization says it is concerned about a lack of testing in some African countries.
India has become the third nation to top 2 million cases. Only the United States and Brazil have more.
A key coronavirus model is now projecting that the US death toll could reach nearly 300,000 by December 1.

Germany reported 1,147 new coronavirus cases on Friday, according to the country's center for disease control, the Robert Koch Institute.

The death toll rose by eight to 9,183, the center reported.

I wonder which company the subsidiary master clean tech sdn bhd that manufactures sterile blood tubes belongs to ...

Due to selfish reasons , I waited to comment after collecting more today .

Ok la . Cerita sikit .

Madam Ng Shu Si ( acquired 500 000) is Mr Lim Kwee Shyan’s( acquired 500 000) wife .

Mr Yew Nieng Choon is already 70 plus and has been transitioning out slowly so the younger 50 plus Mr Lim Kwee Shyan can be the more substantial holder .

Think Cap is a large holder too .


So , why is one family buying so much ...

Why settle for shark , whale coming :)

Ya . He fits the infinite monkey theory .
The infinite monkey theorem states that a monkey hitting keys at random on a typewriter keyboard for an infinite amount of time will almost surely type any given text, such as the complete works of William Shakespeare.

Exactly . No more money to top up . All in already . Damn .

You are like a doom’s day prophet .
They will keep changing the date of doom’s day till it is actually doom’s day so that they can say ‘ I predicted this’ .

Good morning .

Ross Cameron, a fund manager at Northcape Capital Ltd., which overseas about $7 billion in assets globally said “ The rally in glove makers reminds many of Tesla but the sector’s earnings outlook is more certain than that of Tesla . The short-selling ban has had a minor contribution to the rally while “we expect the sector to report significantly more than 100 per centearnings growth next year.”


Fund managers at Northcape and Samsung Asset Management have increased their bets on the sector this year saying the shift in glove demand is structural and many market participants are still behind the curve.

Philippines set to overtake Indonesia with the highest Covid cases in the region .
>5115 deaths .

Victoria, Australia set to deploy military due to rising Covid cases .

With Supermax’s results being announced in two days , all gloves are going to rocket up .


Winter is coming so Covid cases are going to multiply .
Immune system of the elderly will be weaker due to lower temperatures .


This is the best price for entry .

ALSO REMEMBER RETAILERS

Don’t panic . Today was basically panic due to antibody news.

Each corona case will be dealt by
1) First responders
After isolation :
2) Nurses
3) Doctors
4) Phlebotomists


Multiple times in a day .
Minimum duration in isolation : 13 days since symptoms onset

So , 1 patient = 14 days x minimum 6 pairs of gloves a day per handling person .

That’s the bare basic amount of gloves needed .

WINTER IS COMING


Last month, the results of a COVID-19 study in New South Wales, Australia suggested the disease spreads faster in periods of lower humidity during winter.

Australia : June-Aug
America : Dec- Feb

Latest :

As coronavirus outbreaks continue to ravage the Sun Belt, caseloads have been steadily creeping up in states that remained largely unaffected during the spring and early summer, with Missouri, Montana and Oklahoma seeing some of the largest gains in the past week. Southern states — including Florida, Mississippi and Alabama — continue to report some of the highest daily tallies overall.

Latin America broke through five million confirmed cases of COVID-19, a Reuters tally showed, underscoring the region's position as the area of the world hardest hit by the pandemic. It has already reported more than 200,000 deaths.
Brazil has reported that coronavirus cases in the country rose by 16,641 to 2,750,318 while deaths rose by 561 to 94,665.

Cases in India skyrocket to more than 1.86 million .

Even if the antibody trial is a success , Corona is spreading at an alarming rate .

Retailers sentiment should not shift away from gloves as ALL GLOVES ARE UNDERVALUED .

RSI /Overbought does not apply in pandemic stock piling scenarios .

Yes of course . I’m just explaining the shift in sentiments . Also , we need to weigh the implication of the success of this human trial .

https://www.google.com.my/amp/s/abcnews.go.com/amp/Health/eli-lilly-launches-late-stage-antibody-treatment-trial/story%3fid=72139356


Eli Lilly is not the only company working on these synthetic antibodies. The pharmaceutical company Regeneron Pharmaceuticals, Inc. also announced the start of its own late-stage trial in July, and has received funding from Operation Warp Speed, the United States government program designed to make safe and effective medication available as quickly as possible during the pandemic.


Don’t keep saying shark here shark there like shark got nothing better to do .
Sniff out what caused all glove counters to drop drastically in the morning .

No consolidation today . It’s too late for profit taking too because not as if they can withdraw the money pronto , so retailers are going to stay invested for the amazing news .

Buy now before it is too late

Very good .Should Be By Today evening .

30/7/20 :
Authorities in Brazil have also reported the country's highest-ever number of deaths in a single day : 1595

Total COVID deaths in Brazil rises to 90 000 .


Cough , cough ..
Careplus announcement coming soon .

Also , Bumi Armada is stirring ... Can looksie

Careplus just stomped on all the kononnya reversal Chartists faces .
In the end , it’s the fundamentals .
Oh , and also ethical trade matters .
Treat your staff well by giving them good Living quarters.
Good publicity .

With Topglove’s negative sentiment in New Zealand , Ansell is seeking to capitalise on TG’s loss .
So , Careplus will be getting additional business

It survived a hangingman and a dragonfly doji Reversal prediction so now it’s just smart money who believe in Careplus’s fundamentals .
Buy ,
It will only increase from now on .

Silenttreader88
How do IB do that without raising a Bursa alarm ?

I’m really curious . Is there a group that starts trading sharp at 4.30 or is it IB ?
What’s with the timing .

Menort , that day 2.4 you said will drop to 2.3 , today you are saying you kept till 3 . So you INTENTIONALLY tricked people to sell . Very busuk hati ya ...

Operator , you better don’t let it end with a Dragonfly doji . Some people trade solely based on candlesticks and may think it’s a sign of reversal tomorrow .

Everytime a small shark comes , 100 bilis go up and say eat me eat me , so geram . Limit up la faster .

Most important is the EN standard .
( EN 420 )
The partnership with Ansell smooths this out.

So any hatchling glove company can’t start selling in the European Union .
So , don’t have to worry about mushrooming competition .
By the time they are done with paperwork , Covid will already have cucu cicit ready .

Jasmine teo , Sorry about Sarawak ... What triggered this cluster ?

Today

Mexico : 5000 new cases
Australia : 500 new cases

My condolences .

Ansell gloves shortage Australia wide

Good absorption rate.

Never been to Genting casino . What is pic pic pic pic ?

That queue and the selling que minus off each other ready . Now as long as it keeps above 2.8 , hold .

Everytime it dips buy some ,keep your average down . Dont be the clowns that queue at 3.19

Buy in short impulses . Helps to average down when it dips . The world not going to end if you don’t go all out .

We already warn here , never Listen What we can do . Just wait for stabilisation first

Gambler trigger happy tendency .
Like what happened to Pharmas last week after limiting up too fast .
I hope I’m wrong , let’s see