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2020-11-21 16:58 | Report Abuse
https://www.businessinsider.com/when-can-i-get-a-coronavirus-vaccine-timeline-2020-11
The above article is a must read to understand the timeline of vaccination in the US alone. Fauci tells everyone that vaccination will take until end of 2021 ans normalcy will only return on 2022.
FDA approval is expected due to the public and political pressure on the agency. The approval has been factored. That is why airlines, cruise and gaming stock sky rocketed. Market now probably realizes that these recovery can only happen in 2022 in a best case scenario
2020-11-21 13:39 | Report Abuse
Yeah, glove investors are not anti vaxers or wishing that Covid remains forever. We are just being pragmatic in our investment choices. We are realistic and trying not to be driven by emotion. Some of us here trying to protect fellow investors from being manipulated by low life souls here who tries to sow panic. Imagine the feeling of people who sold at RM7 level just to watch the stock rebound to 8.
2020-11-21 11:51 | Report Abuse
Nice bro Agjl.. monday should be a follow through rally too
2020-11-21 11:47 | Report Abuse
Mercator rebounding nicely. Check out the charts
2020-11-20 21:43 | Report Abuse
Example of WHO splitting hair with FDA. I suspect the same may happen with Pfizer and Moderna. Astra Zeneca- Oxford has said that they will no push for approval before Christmas citing that more tests need to be done to ensure safety
2020-11-20 18:25 | Report Abuse
Wonder how Trump won in 2016 and almost won again in 2020? His supporters are huge.. we cannot underestimate Trump’s supporters
2020-11-20 18:24 | Report Abuse
Dr. Fauci says vaccinating people who disregard Covid as 'fake news' could be 'a real problem'
2020-11-20 16:47 | Report Abuse
We are not in a pump and dump company. Go to AT for that
2020-11-20 16:46 | Report Abuse
Current price is good enough for a sustainable recovery. Too fast up will be too fast down.
2020-11-20 15:42 | Report Abuse
Rather price doesn’t move too fast. It should be a steady recovery.
2020-11-20 12:20 | Report Abuse
Spot price of gloves is still far away than market estimates. This im talking about 2022. So coming 4 quarter of 2021, Supermax’s PAT will continue to beat market estimates. This is your retirement fund.
2020-11-20 12:18 | Report Abuse
Last call to be on the Superman..
2020-11-20 10:30 | Report Abuse
This is the problem with the US Pharma companies. First the sold the whole world the idea that Remdesivir is the drug to reduce severity of Covid. Trump was also trumpeting this drug as a solution. Some countries bought it to be used. Now WHO says it is useless. All about the money
2020-11-20 09:56 | Report Abuse
DSST is a wise man. He was waiting for the vaccine news to be fully digested. He has supported shareholders via SBB before. Its a matter of time. Supermax to go KLCI and loyal shareholders gets rewarded
2020-11-20 09:41 | Report Abuse
I dont have to remind anyone that bullish reversals on a grossly oversold stock like Supermax can be a quick upwards trajectory as well. Patience is virtue.. Ride the bull!
2020-11-20 09:31 | Report Abuse
IBs loaded the shares on you. You picked up at cheap price and be patient.. let IB buy back from you at a premium.
2020-11-20 09:30 | Report Abuse
Dont sell comrades. Its a bullish reversal pattern. Monday closing im sure Superman wants to look shining and not barely making it. Star performer of the year
2020-11-20 08:28 | Report Abuse
Yes, but see how long it takes to distribute and vaccinate 70% of the world population. It cannot happen in matter of months
2020-11-19 22:06 | Report Abuse
KLCI review will be based on 23/11/2010 closing price. Supermax has to be above RM8 to be safe
2020-11-19 21:05 | Report Abuse
Mercator up 4.85% at support level. Poised for a rebound
2020-11-19 16:15 | Report Abuse
Tomorrow CW expiring. IBs will only push after that
2020-11-19 14:30 | Report Abuse
Told u guys that RHB CW expiring this week. Suppression done. Now time to move it up again. All the IB work in groups to protect each other
2020-11-19 13:47 | Report Abuse
To have better understanding, look at EPF and KWAP’s trading pattern for Maybank and Topglove. EPF and KWAP has been actively selling MBB and EPF been actively buying Topglove
2020-11-19 12:14 | Report Abuse
Public confidence is everything for vaccination. Health workers must also feel safe. Thats why even for testing, medical workers use gloves
2020-11-19 12:13 | Report Abuse
In USA. The no glove easing is for normal flu shots and not for Covid vaccination
2020-11-19 12:12 | Report Abuse
@laychee you watch cnbc now. They are explaining that PPE shortage is bad and pleading more for vaccination purposes
2020-11-19 11:17 | Report Abuse
@Laychee u r spreading fake news. WHO guidelines require gloves for Covid vaccination. Even testing requires PPE. You think vaccination would not need?
2020-11-19 10:52 | Report Abuse
Recovery stocks are red because smart money are selling to lock in quick bucks. Proceeds of that will come in to buy healthcare. Rotation play
2020-11-19 10:49 | Report Abuse
MARGMA have already said that the glove shortage will remain going into 2022 even with new entrants. If you dont believe,
Pick up your phone and call Supermax HQ. Try to place an order for a box of gloves. They will say sorry we are oversold. Shortage means whoever needs it urgently must do ‘spot orders’. Whoever pays higher gets it fast.
2020-11-19 10:22 | Report Abuse
WHO warns vaccine won't help countries fend off current wave of infections
https://www.cnbc.com/2020/11/18/who-warns-vaccine-wont-help-countries-fend-off-current-wave-of-infections-.html?__source=iosappshare%7Cnet.whatsapp.WhatsApp.ShareExtension
2020-11-19 09:42 | Report Abuse
Warrant play. Price will be low this week
2020-11-19 08:19 | Report Abuse
Dow down 344 pts but Zoom and Peloton was up. Its also a rotational play. The retailers are getting smarter because of knowledge and information. They buy big when they see value.
2020-11-19 08:17 | Report Abuse
Foreign funds go in and out. Cant read too much into it. They also trade heavily
2020-11-19 01:12 | Report Abuse
Dow is merely up 70-80pts. Moderna down 4%. Pfiizer just up 1%. Markets realizing that it cannot be too bullish on recovery just yet. Recovery is at least one half year ahead assuming 70% global population of 7.6billion people can be inoculated. By then , glove makers would have accumulated so much cash in hand with superb balance sheet. They can easily venture into other businesses. Cash is king.
2020-11-18 23:48 | Report Abuse
Pfizer vaccine news got shares of 3M excited too. 3M supplies PPE in US market. Topglove US is also green. Perhaps market starting to realize that mass vaccination and PPE goes together.
2020-11-18 23:22 | Report Abuse
Market does look ahead but not too far ahead. 6months is reasonable. In the next 6monts, there will still
Be glove shortage and higher ASP. Air asia
And bank buyers are looking ahead to almost 1half years ahead for recovery. How many weak quarters are there going to be??
2020-11-18 23:19 | Report Abuse
Topglove US OTC pun hijau. Apa macam?
2020-11-18 23:15 | Report Abuse
Moderna is down 3%. 3M who supplies PPE is US is up.. how?
2020-11-18 21:55 | Report Abuse
If you look at US PPE companies such 3M and Honeywell, they climbed alongside vaccine and pharmaceutical companies as beneficiaries of the vaccine news. In Bursa, after vaccine story came out, gloves took a beating and pharma companies had a negligible movement.
2020-11-18 21:43 | Report Abuse
And Katherine Ross told us that from her reporting, investors should not overlook the government’s role in funding the search for a vaccine and whether or not, PPE companies are still worth a look.
"We're talking about the vaccines right now. Obviously, there's a lot of focus on that as people were really hoping to return to life before COVID or back to normal as some people say. But the reality is really, that even with the vaccine, PPE will be around won't go away anytime soon,” Ross said
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-11-21 18:35 | Report Abuse
https://www.cbsnews.com/news/ppe-n95-mask-shortage-covid-19/