https://www.thesun.co.uk/news/13574227/mutant-strain-covid-reaches-ireland-week-kent/

Mutant virus spreading

Malaysia also sets a new record cases today at 2335 cases. Vaccine news has caused people to be complacent all over the world. People are moving freely and pretending that we are in the clear. My fear is that cases will climb higher with this complacency and mutant virus. Please take care all..

Recovery stocks are sitting at lofty valuations. You can see prices are coming down past one week more rapidly. Initially there was vaccine optimism, now it can be seen that recovery is a long way to go. Out of 20million target in December, US only manage 1 million. Virus mutations forces lockdown in UK, Germany, Italy and flight bans. This is the reality.

The other reality is earnings. Gloves earnings is superior. Currently only sentiment issues. That too will recover

Quoting Ambank??? Go see what is their track record compared to analysts from HLB, MBB, CGS CIMB, Affin Hwang

Ambank’s Mutual Funds doesnt even make it to top 3 mutual funds in Malaysia

To those who says new entrants will increase supply of gloves, please understand this. Gloves has latex and nitrile. Nitrile is a chemical that is used to make the highly sought nitrile gloves. Nitrile is fully sold out till end of 2021. Go speak to any top management in nitrile glove producers. Sometimes fund managers are slow to react. FM have to wait for analysts briefings. You have the benefit of talking to friends in the industry. Without Nitrile there is no way new entrants can produce nitrile gloves. ASP will remain elevated for the rest of 2021 at higher levels than 2020

https://www.japantimes.co.jp/news/2020/12/25/national/tokyo-coronavirus-884-cases/

UK acted late to warn the world on this mutations. It is probably all over the world now

https://www.japantimes.co.jp/news/2020/12/25/national/tokyo-coronavirus-884-cases/

UK acted late to warn the world on this mutations. It is probably all over the world now

https://abcnews.go.com/Health/wireStory/italy-enters-christmas-lockdown-limiting-holiday-travel-74895981

Italy enters 3rd lockdown

https://abcnews.go.com/Health/wireStory/italy-enters-christmas-lockdown-limiting-holiday-travel-74895981

Italy enters 3rd lockdown

If you can follow only one bit of data, follow the earnings—assuming the company in question has earnings. As you’ll see in this text, I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.
Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In

https://fintel.io/so/us/spmxf

Check new position of FF in Supermax

https://www.nytimes.com/2020/12/20/health/covid-ppe-shortages.html

We need to read this article to understand Supermax’s overseas expansion in USA. Pandemic and endemic comes every 5-10 years now. SARS, H1N1, etc.

The US under Biden will ensure national stockpile is at an expectable levels during his time to increase preparedness and not to be reliant on other countries. Supermax a Malaysian company with a global footprint.

We are looking at a sustainable business even after Covid 19.

On the other hand, vaccine roll out has caused pandemic fatigue. Look at Malaysia, even a single vaccine not administered but people are traveling in numbers. My fear is that 2021 may not be a lot different than 2020.

I read that PNB declared lowest dividend in 2020. Invest in gloves like EPF. Surely can make money

https://www.dailymail.co.uk/news/article-9085941/Pfizer-COVID-19-vaccine-causing-allergic-reactions-rate-superior-shots.html

Chief of Operations Warp Speed is concerned with Prizer mRNA vaccine allergy rates

https://www.dailymail.co.uk/news/article-9085941/Pfizer-COVID-19-vaccine-causing-allergic-reactions-rate-superior-shots.html

Chief of Operations Warp Speed is concerned with Prizer mRNA vaccine allergy rates

https://nypost.com/2020/12/24/frequency-of-allergic-reactions-to-pfizer-vaccine-greater-than-expected/

https://nypost.com/2020/12/24/frequency-of-allergic-reactions-to-pfizer-vaccine-greater-than-expected/

Dear Supermax shareholders,

We have been through a lot. I was one the early birds. First it was margin caps. Then it was windfall tax, unexplained selling spree post bonus and now vaccine misinformation that it will reduce glove demand. But through it all Supermax delivered stellar earnings and eventhough the stock fluctuate, it rebounded strongly. It rebounded strongly because of fundamentals.

This time, most funds have achieved their KPI for 2020. They have not bought for 2021 and I expect mild buying usually on 28/12. Every year that is the case. Hence the volume was low and will be so as many on holidays.

Come Jan 2021, investors and IB will look at earnings again. Supermax will deliver results mid January. No fund can ignore healthcare stocks in 2021. Foreign funds will also start moving in. Supermax has visibility in US now as they are building PPE in President’s home state. US funds must support the initiative. US will also spend billions more to acquire PPE for Supermax USA as they realize that they are not prepared for a pandemic. They want to reduce dependence on China. That is the reason Supermax is putting a foothold in USA. I think they should also explore a listing in the NYSE.
Supermax is truly in a different ball game

As mentioned before, until year end wont be any major movement as funds wont place positions until next year. No fund can go without having positions in rubber gloves. Enjoy your holidays till then

https://www.thestar.com.my/aseanplus/2020/12/23/two-students-from-uk-likely-have-mutated-strain-hk-tally-53?fbclid=IwAR1QIGcmZp5zoAF6xCOkolbCKhI5vglWDu6tAEnwrwQFIgy5W28cNmh6H9M

UK cluster found in HK. Looks
Like the strain is spreading everywhere

https://www.channelnewsasia.com/news/world/another-new-covid-19-coronavirus-variant-detected-in-uk-13832118

South Africa’s aggressive strain found in UK

Glove holders just stay calm. Most funds books are closed. They wont take any positions until January. Even funds like ASB/ASN dont accept any new deposit until
4/1/2021.. until then gloves will trade in range

Give up? This is exactly what they want from you. Sell at this price and run. Once you sell and the IB start moving it up, then you will come in at 10. By then they make already. Manipulation such as short selling and warrant issuance is part of the crook game but you have to believe in what you hold.

https://www.thestar.com.my/news/nation/2020/12/23/new-covid-19-strain-identified-in-sabah-says-health-ministry?fbclid=IwAR288Fl7DjPK27K91IixBdG_qRR1IzxJ_NkE2zwdOcMPJwf9Oe91tOpNtsQ

Alamak even we have a new strain. Traveling from Sabah has been allowed and the virus is free to travel

Glovefinish must be very new fo the market. RSS
volume is low and there is intraday cap. The bigger volume is from IDSS. IDSS is the favourite of PDT. PDT stands for Proprietary Day Traders. They short sell in volumes and workl together. Real sharks.

IB returned SBL means the next wave of making money is upwards and not downwards. EPF just reported quarterly profit of investment. They sold Topglove to lock the profit for dividends. For next quarter they will buy again

SBL are borrowed shares. They lend their shares previously to another IB for short selling and now the borrower has returned the shares back to EPF.
That is why you saw net short for Topglove reduced

EPF buys 14,000,000 of Topglove shares on 18/12/2020. EPF taking early position on next impending glove rally

https://www.nytimes.com/live/2020/12/21/world/covid-19-coronavirus/as-vaccines-arrive-in-the-us-health-care-workers-warn-of-ppe-shortages

https://www.channelnewsasia.com/news/asia/covid-19-taiwan-local-transmission-case-april-eight-months-13823000

https://www.thestar.com.my/news/nation/2020/12/21/health-dg-will-take-four-months-to-evaluate-pfizer-trial-data


4 months just to go through data. So no vaccine at least until mid next year.

https://www.foxnews.com/us/cuomo-uk-covid-19-mutation-plane-to-jfk-testing

Uk citizens allowed to travel to US. Possibly bringing mutant Covid virus into the US. We all know where this heading to. US should ban Euro flights too. In the midst of all these, Malaysia has loosened control. God bless us all

So you know what is coming next to Bursa

Zoom, a stay at home and pandemic play stokc up 4%

Recovery theme burst. Dow Futures down 450pts

Wow state of Delaware is the home state of President Elect Biden. Supermax is going big!

https://www.theedgemarkets.com/article/possible-new-covid19-variant-circulating-france-says-health-minister

France pun sudah kena. Lockdown soon

Mercator also up 5% already.. malaysian gloves will rise soon

Based on the trade report, FF are net buyers of big 4. After Supermax’s inclusion in FTSE All World Index, all the best for the shorties. There are many ETF that tracks FTSE All World Index.

The mutations include changes to the important “spike” protein that the SARS-CoV-2 coronavirus uses to infect human cells, a group of scientists tracking the genetics of the virus said, but it is not yet clear whether these are making it more infectious.

"Efforts are under way to confirm whether or not any of these mutations are contributing to increased transmission," the scientists, from the COVID-19 Genomics UK (COG-UK) Consortium, said in a statement.

The new variant, which UK scientists have named “VUI – 202012/01” includes a mutation in the viral genome region encoding the spike protein, which - in theory - could result in COVID-19 spreading more easily between people.

The British government on Monday cited a rise in new infections, which it said may be partly linked to the new variant, as it moved its capital city and many other areas into the highest tier of COVID-19 restrictions.

https://www.reuters.com/article/health-coronavirus-britain-variant/new-coronavirus-strain-spreading-in-uk-has-key-mutations-scientists-say-idUSKBN28P158
20/12/2020 8:25 PM

Bear in mind mRNA vaccines are made to target spike proteins. Any mutations to spike protein could spell trouble for Pfizer and Moderna vaccines

Bear in mind mRNA vaccines are made to target spike proteins. Any mutations to spike protein could spell trouble for Pfizer and Moderna vaccines

The mutations include changes to the important “spike” protein that the SARS-CoV-2 coronavirus uses to infect human cells, a group of scientists tracking the genetics of the virus said, but it is not yet clear whether these are making it more infectious.

"Efforts are under way to confirm whether or not any of these mutations are contributing to increased transmission," the scientists, from the COVID-19 Genomics UK (COG-UK) Consortium, said in a statement.

The new variant, which UK scientists have named “VUI – 202012/01” includes a mutation in the viral genome region encoding the spike protein, which - in theory - could result in COVID-19 spreading more easily between people.

The British government on Monday cited a rise in new infections, which it said may be partly linked to the new variant, as it moved its capital city and many other areas into the highest tier of COVID-19 restrictions.

https://www.reuters.com/article/health-coronavirus-britain-variant/new-coronavirus-strain-spreading-in-uk-has-key-mutations-scientists-say-idUSKBN28P158

The data suggest that net buy retail is on Public Bank. Net sell Harta.

Ff- net buy all the big gloves, sell Tenaga and Genting

Domestic Institutional- net buy Banks and net sell Gloves.


Foreign Funds knows the value of our glove stocks.

Foreign Funds like to invest based on fundamentals. Local IB likes goreng. Goreng sana goreng sini. After recovery goreng, they will goreng gloves.
20/12/2020 7:23 PM

Foreign Funds like to invest based on fundamentals. Local IB likes goreng. Goreng sana goreng sini. After recovery goreng, they will goreng gloves.

Key observations on trends from last week’s fund flows
1. Retail investors turned even more bullish, raised their net buy flows by 72% wow
Retail investors were not only the largest net buyers for three consecutive weeks but raised their net buy flows by 72% wow to RM734m (highest since 9-13 Mar net buy of RM824m).
2. Foreign investors raising their net buy position in the large glove makers
Foreign investors are turning more positive on glove makers following recent correction and were the largest net buyer of the healthcare sector for the second consecutive week. Top Glove, Supermax and Kossan topped their net buy list last week.

CGS CIMB Report last week.
20/12/2020 7:20 PM

Key observations on trends from last week’s fund flows
1. Retail investors turned even more bullish, raised their net buy flows by 72% wow
Retail investors were not only the largest net buyers for three consecutive weeks but raised their net buy flows by 72% wow to RM734m (highest since 9-13 Mar net buy of RM824m).
2. Foreign investors raising their net buy position in the large glove makers
Foreign investors are turning more positive on glove makers following recent correction and were the largest net buyer of the healthcare sector for the second consecutive week. Top Glove, Supermax and Kossan topped their net buy list last week.

CGS CIMB Report last week.

If the medical community is taking the UK Mutations lightly, they wont order a Tier 4 lockdown la.. its Xmas period, its a big decision they have to take though unpopular. Means they are very concerned

https://news.sky.com/story/covid-19-should-we-be-worried-about-the-new-coronavirus-mutation-12161566

It is 70% more transmissible! Do you understand how the virus has mutated and spreading freaking 70% quicker??

By now because Europe border was relaxed, the mutated virus is in all over Europe already.

Remember the mink mutations?

It could just be a warning shot then. Now the attack has begun

This is rotation play. Past one month media completely focused on vaccines and reopening. Now you will realize media will talk about vaccines side effects, mutations, new lockdown etc. The stay at home trend has already picked up in US. Nasdaq going higher and Dow lower.
Zoom and Amazon up for example but Moderna, Boeing down..

Above is The Star article from M Shanmugam. At least have the decency to give credit from where you got it.

Anyway, its easy to be a parrot to repeat what others have said.

If M Shanmugam is so good in reading market trend, he doesn’t have to work for The Star