https://www.malaysiakini.com/world/576844

Retribution for high ASP.... you really think cbp will uplift???

Still pe ahh

Even dsst never sbb

Scammers mana ???

30% limit down revision just in time for thurs hehehe

that's why don't gado2 yday ~ kedai pajak gadai kan buka ???

gloves ~ good news down, no news down, bad news waterfall ...

yalorrr @biliskecil ~ promoters here never do a good job thrashing down Gen

disappointed

london bridge is falling down ... x2

all naively bash genm / recovery ...

i want buy cheap also cannot

60% workforce worrr

still got billions next few qr???

all talk like LU yday ... pre ejac/cum

fmco also no stimulus

wait thurs klci show la

down 35% up 2% ok la

I thought fmco limit up ?

'This won't be good for America the next time there's a national health emergency': US mask-making companies are struggling to stay afloat as China floods the market with inexpensive protective gear

Chinese products are priced so low it's hard for US companies to compete
At least three US companies halted production of surgical masks and gowns
Other companies have been forced to scale back production and lay off workers
These start-ups had stepped in to help tackle the dangerous shortage of protective equipment for frontline workers at the start of the pandemic
China exported more than 220 billion face masks in 2020, helping the country to become the only major economy in the world to grow last year

US companies that have been producing masks and protective equipment during the coronavirus pandemic are in danger of going out of business following a severe drop in sales caused by Chinese imports.

Industry experts have noted that products from China are priced so low that it will be almost impossible for domestic companies to compete and many have already begun laying off workers.

Owners of these companies warn that the effect could be devastating for the United States if the country were to face another national health emergency.

A report by The New York Times has revealed that at least three companies have halted production of surgical masks and medical gowns.

Others have been forced to scale back production, including a year-old surgical mask-maker in Virginia that has laid off most of its 280 employees.

'Our industry is in break-glass mode,' Brent Dillie, the co-owner of the company named Premium-PPE told the New York Times.

'Six months from now, many of us won't be around and that won't be good for America the next time there's a national health emergency.'

At the start of the pandemic, a number of start-ups including Premium-PP stepped in to help tackle the dangerous shortage of protective equipment for frontline workers that health experts say most likely contributed to the high rates of infection.

China stopped exports of protective gear at the start of the pandemic, but has since returned to the market with prices that are sometimes just a tenth of what US factories now charge for comparable products.

The Biden Administration is now under pressure to ensure that healthcare workers are adequately protected if another crisis were to hit the United States.

A year-long study conducted by The Guardian and Kaiser Health News entitled Lost on the FrontLine found that more than 3,600 US healthcare workers died in the first year of the pandemic.

The series of investigative reports found that many of these deaths could have been prevented and identified widespread shortages of masks and other personal protective gear as one of the major contributing factors to the increased risk faced by healthcare workers.

According to Tim Manning, the White House Covid-19 supply coordinator, the administration is addressing the challenges facing domestic producers of PPE, but companies say they need more substantial trade policies and supply-chain reforms in order to stay afloat.

The easing of mask mandates has caused a slump in demand for protective gear, but industry insiders say the influx of inexpensive Chinese equipment is even more damaging.

The trade group The American Mask Manufacturer's Association told The New York Times said its 27 members had already laid off half of their work force.

The group is planning to file an unfair trade complaint with the World Trade Organization stating that much of the equipment being imported from China is selling for less than the cost of production in the United States.

China exported more than 220 billion face masks in 2020, helping the country to become the only major economy in the world to grow last year.

In January, vice-minister for commerce Qian Keming told reporters that in addition to masks, China exported 2.3billion pieces of protective gear and one billion test kits last year.

The mask shipments alone were worth 340 billion yuan (£38.5billion), a customs official revealed. '(The volume) is equivalent to providing nearly 40 masks to each person in the world outside China,' said customs spokesman Li Kuiwen.

Luis Arguello Jr., vice president of DemeTech, a medical-suture company in Florida described the influx of inexpensive Chinese products as 'full-on economic warfare'.

Earlier this month 1,500 workers who made surgical masks for DemeTech were laid off and another 500 other workers who make N95 masks will also likely be let go in the coming weeks.

He told The New York Times: 'China is on the mission to make sure no one in the industry survives, and so far they're winning.'

https://www.dailymail.co.uk/news/article-9634361/US-mask-making-companies-struggling-stay-afloat-China-floods-market-inexpensive-gear.html

https://www.nytimes.com/2021/05/29/health/us-china-mask-production.html

Huh Mabel at 7++ ??? I follow her queue at 4 wo

No wonder she wants 4 to avg down ...

https://www.alibaba.com/product-detail/Cheap-price-Disposable-powder-free-black_62445504137.html?spm=a2700.7724857.normal_offer.d_image.6b0460118QzNCH

https://www.alibaba.com/product-detail/sterile-latex-surgical-gloves_62269125768.html?spm=a2700.7724857.normal_offer.d_image.43c16011vsLvHo

https://www.alibaba.com/product-detail/medical-powder-free-nitrile-gloves-Disposable_1600194683093.html?spm=a2700.7724857.normal_offer.d_image.6eab6011AjRu8w

https://www.alibaba.com/product-detail/For-Sales-High-Quality-Factory-Vinyl_1600163657073.html?spm=a2700.7724857.normal_offer.d_image.6b046011e0VXjL

Thank you @calvintan for the links above !

Ahhh no wonder DSST warned us in QR "fierce competition from China"

https://klse.i3investor.com/blogs/Newroc/2021-05-28-story-h1565929963-GLOVE_ASP_IS_DECLINING_SHOULD_YOU_SELL_YOUR_GLOVE_STOCKS.jsp

Someone share this link so read further lor

Dont shoot the messenger hahaha

https://www.alibaba.com/product-detail/For-Sales-High-Quality-Factory-Vinyl_1600163657073.html?spm=a2700.7724857.normal_offer.d_image.6b046011e0VXjL

Rm0.0209 only hahaha asp up???

60% workforce only ... production & asp up???

You think buy nirvana meh fengshui hahaha

Pajak gadai open fmco ... dont sampai gadai your AssClass Merc

Creepy grandpa now sounds like pedophile, son here son there yuxxx

Hahahaha share price tanked now blame fengshui???

Let's update the latest blame list
Dsst, Mgmt, Cbp, Rss, Warrants, Manipulations, Vaccine, Syariah, Klci, government ... now

Fengshui ???

Then why share price keep dropping???

Taipan sensei ~ the funniest promoter amongst all

Klci removal - good
Cbp investigation - good
Vaccine- more gloves

Yucksss I don't want a scammer dad like you ...

Be humble la so many ppl trapped in here

Grandpa why so emo and triggered today ?

Jaga blood pressure o ... especially tomorrow

Hahaha gained a bezza lost a merc

Sudah book merc ka ? I suggest you hold on to booking first la see thurs show first

Ohya if any comfort, director bought 12k units at 5.10 I think ... hehehe paperloss together gather

this is hold hands sing praise support group

Jgn gado gado, grandpa siow cannot take it v high bp later ... hehehe health is wealth ya

1. Nomura RM 8.39
2. BIMB RM 7.30
3. Kenanga RM 6.80
4. AffinHwang RM 7.40
5. RHB RM 6.60
6. TA RM 6.07
====================

Grandpa @pjs , where is UOB tp at rm5 ??? Ashamed to include in list ???

Dahla tua, blur mvm, jgn senile yaaa

Yesss learn from Mabel ~ sell at rm29 and queue at rm4 to buy

But how many here bought at 29 and sell low ???

Mask manufacturing forced labour , glove manu first class labour ??? Hahahahaha

Coincidently Rusell gor announcing klci this Thursday

Same week ... multiple bloodbath

Goodnight grandpa @pjs

Enjoy your bezza , while it lasts!

Out in Reuters, straits times, cnasia worldwide news wo how not to limit up?

Careful after granpa @pjs triggered not good for health

Kikikikiki

Hahaha enough trolling la

After all triggered cannot sleep

Mon limit up ma

Latecummer also want to park low , no worried about lighting ka ?

Sitting on your moral highhorse ahh

Aiyo whyla break so many hearts here w rm3.60 ...

Good la ~ cum late better than no cum at all hehehe

No one point the gun force you to sell

RSS will do the job hehe

Latecummer you waiting at rm4 no??? Lower your queue la

latecummer Ooi ~ few of us warned since rm5+ lar

If money is there to make what's the shame ?

Unlike many here buy high sell low

Grandpa @pjseow ~ when you vaccine the nurse got change gloves every jab ??? Or never wear at all hahaha

Our R rate has improved la fearmonger ...

13k cases ah big 4 donate more lorrr

Takan charge our gov high ASP hehehe

If allegations are true , still got 1B every quarter???

I cleared all positions knowing impending lockdown ...

Mon see show lor ... can support #buatanmalaysia if low enough geh kikikikiki

Andy Hall is your enemy la dei , not genting ...

Envious a little laaa ~ at least portfolio not red red like 7106 shareholders kikiki

Now allegations , then deny , then employ Impactt , then confiscate stocks at border , then cbp deny uplift , familiar? Sure shareholders want go through this arduous stress?

Better hope no impact to us factory your last excitement

Haha triggered ! Helping you to tp rm2 la ...

Only for glove fans ? This is wrong yaaa

So hold super for 5,10 yrs ? No need sell ???

Remember how TG strongly deny too? End up paying millions and still futile to today

Allegations enough to tank share price

Wake up from supermax lalaland yaaa

@Taipan ~ TP RM2 remember? Kikikikiki

Still limit up ka ???

Hai Di Lao Thursday la , don't catch knife Mon...