Investors and funds are underestimating the omicron severity even as governments are stepping up to manage the onslaught.
Boosters can help? Sure.. but many countries have not even complete thrir 2nd jabs. Boosters will be given to much smaller groups.

Chinese avg costs could be somewhere around USD40 per 1000pcs.
How are they able to hold for long, i think they should be cutting down production rather than expanding..
Using debts to go into glove biz will be sucidal for these companies.

TP no use.. its all about sentiment and looking forward on sector.
Gloves buyers are restocking, demand will be there as pandemic is still hanging over all over while supply should be much lower than expected due to new players dropping out and old players cutting expansion plans like TG themself.
Still holding like the bosses.

In response to the report, the UK government - which announced further restrictions for England earlier this week - said it continues to look closely at all of the emerging data.

We ve been clear throughout that vital vaccines and boosters are our best line of defence against this virus and that is why we are urging people to come forward as quickly as possible as they become eligible, a government spokesman said.

Plan B remains a proportionate response based upon what we know, so we encourage everyone to follow the rules by wearing a face covering, working from home if you can, testing regularly and coming forward for your booster when called.

Earlier, Eleanor Riley, professor of immunology and infectious disease at the University of Edinburgh, said that unless you are living like a hermit it was very likely that you would come into contact with someone infected by Omicron in the coming weeks as it was spreading so quickly.

Even if the variant is milder, as anecdotal accounts from South Africa have suggested, she said given that so many people are going to come across this virus, even a small proportion of a lot of people is a lot of people in hospital..

Covid: Omicron study suggests major wave in January 2022..
UK now hitting close to recent high in cases and will get worse.

Same situation in Germany, France, Italy.
USA likely to be affected.

https://www.bbc.co.uk/news/uk-59621029

Results are bad as expected by many analysts.
Some light in the dark channel as TG mentioned sales will improve in next few qtrs, raw material costs lower and deferred expansion.
Price now back to pre pandemic level..

TG OVERSOLD.. all know.

At this lelong prices, after results update, Lim and all the directors can start do buyback.

Covid cases in USA and Europe at record HIGH..
Germany 70k
France 60k
UK 50k
Hospitalisations and active cases all over the world at record high even at high vaccination in many countries.
Winter will exacerbate situation gg forward.
Gloves are needed everywhere.
Lets hear from uncle Lim soon.

Many people forecasted lower profits and revenues. Lets see what uncle Lim says later.. Hope results will push price like rocket up up away!!

CIMB analyst recently update early Dec..
From our conversation with glovemakers, we gather that demand for healthcare gloves have steadily improved in late 4QCY21F, with distributors turning more active in placing orders for delivery in Dec and beyond.

This was mainly due to a combination of
1) low inventory holding (distributors and end-customers have been cautious in their procurement over the past six months), and
2) stabilisation of ex-factory prices driving improvements to distribution margins.

Demands and ASPs are back.
Friday results will know from TG bosses..

Friday.. just 4 days verdict will be out.

One analyst mentioned buying started in Q4 at much higher than pre pandemic prices. With higher volume sales, better profits, lower debts and so much cash, dont understand how they can get TP lower??
Kelong analysts..

Friday afternoon limit up to kill all the shorts..
Bought some to enjoy.

Wait for Friday results.. believe good news coming.
Hear from company and not seasonal bias analysts.

Look out this Friday when results are out. If exceed many analysts low expectations, re rating will come.
Optimistic..

Worldometer Covid reported..
USA 113k cases
Germany 71.9k
France 49.6k
Uk 48.4k

All countries at recent new high.
ACTIVE cases worldwide at record high 20.4 mil cases.
With Omicron n winters, dun bet it will come down anytime soon.
Dow jone down, healthcare stock will go up like Covid early days..

Hope TG will report more orders coming in..
Good results in weeks time.
In again today after retractment..

Dow dropped tonight..
fund will shift back to healthcare.
tomorrow see show..

Most experts thought such a highly mutated variant would not emerge for another one or two years, Bancel added.

Bancel’s predictions rattled investors in Asia, with equities and stock futures dropping and crude prices losing ground.

In Japan, the benchmark Nikkei 225 index swung to a loss of as much as 1.1 per cent following the FT report.
Hong Kong’s Hang Seng index was 2.3 per cent lower. S&P 500 futures erased initial gains to tip US stocks to drop almost 1 per cent, while FTSE 100 was set to shed 1.2 per cent at the open in London.

DOW futures very very red..
Now minus almost 400 points.
Ask why??

Moderna chief predicts existing vaccines will struggle with Omicron
Stéphane Bancel foresees ‘material drop’ in effectiveness of current jabs, sending stocks and oil prices lower.

The chief executive of Moderna has predicted that existing vaccines will be much less effective at tackling Omicron than earlier strains of Covid-19 and warned it would take months before pharmaceutical companies can manufacture new variant-specific jabs at scale.

Stéphane Bancel said the high number of Omicron mutations on the spike protein, which the virus uses to infect human cells, and the rapid spread of the variant in South Africa, suggested the current crop of vaccines may need to be modified next year.

“There is no world, I think, where [the effectiveness] is the same level . . . we had with Delta,” Bancel told the Financial Times in an interview at the company’s headquarters in Cambridge, Massachusetts.

He added: “I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all the scientists I’ve talked to . . . are like ‘this is not going to be good’.”

Moderna’s Chief Medical Officer Dr. Paul Burton said Monday that the company is testing its Covid-19 vaccine against the new Omicron variant, a variant he is watching with concern.

He said research from Seattle suggests the Omicron variant probably emerged in South Africa or Botswana, laid relatively low, and then suddenly in early November exploded to become the dominant strain, displacing the Delta variant in South Africa.

"It's now in maybe 20 countries around the world, and we're counting individual cases, which feels very reminiscent to me to perhaps February or March of last year where we were counting cases, and we obviously know how that played out," Burton said. "So, I think all of the evidence points to the fact, Wolf, that this is a very transmissible virus, and one that we need to take very seriously."

Moderna’s CEO Stephane Bancel said earlier that he thought the variant would have an impact on the vaccine’s efficacy.

The company is currently studying the variant using samples from people who have gotten the Moderna vaccine at different doses to see how it can neutralize the “very worrying” variant, Burton said. He added that Moderna is also developing an Omicron-specific Covid-19 booster that would take two to three months to get into testing and then into production.

The good thing i see is that down trend has been broken with strong buyers interests. Look at vol and % jump..
All just waiting to buy glove shares and Omicron is the trigger.

Once profit taking is done, the move up will be more gradual.
TG will report a better than expected profit soon.
Another big jump i believe..

Demands created by new virus variants will keep ASP intact or may move up if all purchase orders are in at the same time. Hope to see some announcement soon.

Buyers and glove sellers should work out a long term contract to mitigate the volatility of ASPs.
Win win for all.

The risk of Omicron is not over.. they are still finding out the transmissibility and severity of the virus.
The new orders for PPE will drive back strong demands for gloves.


GENEVA/JOHANNESBURG: The World Health Organization (WHO) said on Monday (Nov 29) the Omicron coronavirus variant carried a very high risk of infection surges, while border closures by more countries cast a shadow over an economic recovery from the two-year pandemic.

Big airlines acted swiftly to protect their hubs by curbing passenger travel from southern Africa, where the new Omicron variant was first detected, fearing that a spread of the variant would trigger restrictions from other destinations beyond the immediately affected regions, industry sources said.

JPM laughing.. must have bought cheap and now they turned long term riding the up wave...

Looking at the chart since the end last year.. it has been a long long drop of 12 months..
Hope this is a start of a good up trend.
Let it run up and up.
Hold longer to enjoy..

All buyers or gov purchasing departments need to restock after holding for so long. ASPs will spike up again when the buyers start the buying program.
Soon TG and Supermax will report demand orders coming back..
The best is yet to come.

.
Israel suspended all flights into the country on Sunday at 10pm GMT after detecting its first Omicron infection on Friday, just four weeks after it fully opened its skies to vaccinated travellers.

Morocco said it will stop all incoming flights for two weeks starting Monday to prevent spread of the new strain.

Philippines on Sunday further tightened border controls to keep out the new Omicron variant of the coronavirus, adding seven European countries to a travel ban that initially covered seven African nations.

More tightening to come when cases spread around he world??

Purchasers will not hold out their buying now..
They start to place orders asap.. no more waiting..
Urgent gg forward.
TG will benefit.

PPE and Glove restocking coming fast and furious..
ASP may spike again...

Buyers and Purchasers holding PPE purchase will start ordering now.
Demands coming back will keep ASP higher than expected.
If there is panic buy, ASP will shoot thru the roof again.

Britain, Germany and Italy confirm cases while other countries suspect cases of their own. Chaos at a Dutch airport exemplified the scattershot response across Europe.
Nov. 28, 2021


Scientists raced to study a new coronavirus variant as several cases were spotted in Europe and governments around the world announced travel restrictions targeting the southern African region where it first emerged, prompting criticism that the continent was yet again bearing the brunt of panicked policies from Western countries.

Omicron, the new variant first detected in Botswana, sent Europe into high alert after cases were detected in the United Kingdom, Germany, Italy and Belgium. The Czech Republic, Austria, Israel and the Netherlands were all investigating suspected cases of the variant.

Relatively little is known about Omicron. It has mutations that scientists fear could make it more infectious and less susceptible to vaccines though neither of these effects has yet to be established. Most confirmed cases of the variant are contained to southern African countries, but there are worries Omicron could have spread more widely before scientists there discovered it.

There s been a window of probably about two weeks conservatively that this virus has been spreading, Andrew Pekosz, an epidemiologist from Johns Hopkins Bloomberg School of Public Health said in an interview on Saturday. It is likely the variant is already in New York, he said.

There certainly is a chance that it has already spread globally, but we just dont know yet, Mr. Pekosz added.

JPM is very very smart..
Release 1.50 just days before the reversal to cover as low as possible.
Guess they will start to go long now.

One by one, analysts will sing another tune.
TP from dead sea to rocket high?
Ok, next week show start.

When the trend reverse, everything becomes positive..
Lets start with analysts reports,
ASP moving up,
supplies down,
demands up,
US ban settled etc etc..

What else?
Price limit up.
Shorts sleepless nite starts tonight.

Next week RM3 and higher..

Last call ...
Funds starting to switch next week?
Dow future red red.
USD moving up.
Not much time to cover .. weekend starting soon.

Is it time to switch back to medical counters?
When funds start to do , the limit up will be a lot higher and faster!!

Another holiday season of COVID':
Experts ‘really concerned’ about rise in case numbers
Adrianna Rodriguez
USA TODAY

Despite early signs that suggested the U.S. may have avoided another winter surge, COVID-19 cases are rising again...

Sorry.. but Weekend sure report covid cases and scary variants.. history repeats.

Singapore TG sp8ke 15%!!

Coverrrrr before tomorrow another huge gap up !!

Sold down for almost 1 year.
This is a start of the trend back up..

The speed to recover depend on news flow of the variants and the rising cases.
PPE restocking should happen when there is more urgency now.

Trending back at least 30%..

Pandemic resurgence exacerbated by winter season
Demands will be high with restocking soon coming back
Supplies shrinkling from competitors
USD moving up
Dow correction will move funds to medical and PPE stocks

All glove counters are oversold so next move MUST be up and up!!
Entered again yesterday and today..

COVID in Europe: Germany passes 100k deaths as Slovakia locks down

COVID-19 cases are on the rise again in various parts of Europe as the cold weather has affected the spread of the virus.

Countries on the Old Continent are attempting to curb the spike through various means - from a national lockdown in Austria, to limiting access to certain services elsewhere or pushing for an increase in vaccination rates.

Around 60% of people in Western Europe are fully immunised against COVID-19, but only about half as many are vaccinated in Eastern Europe.

Brussels has said that everyone should receive a booster shot six months after being fully vaccinated.

Meanwhile, its digital COVID certificate -- used for cross-border travel -- will expire nine months after the last vaccine dose.

The World Health Organization has warned Europe and Central Asia could face another 700,000 COVID-19 deaths by March 1. It said deaths due to COVID-19 rose to nearly 4,200 per day last week — a doubling of levels recorded at the end of September.

LONDON: Britain on Thursday (Nov 25) said it was concerned by a newly identified coronavirus variant spreading in South Africa that might make vaccines less effective and imperil progress made across the world in fighting the pandemic.

The UK Health Security Agency said that the variant - called B.1.1.529 - has a spike protein that was dramatically different to the one in the original coronavirus that COVID-19 vaccines are based on.

Officials characterise the variant, which has double the number of mutations as the currently dominant Delta variant, as the "worst one yet".

It was only first identified at the start of the week but Britain rushed to introduce travel restrictions on South Africa and five neighbouring countries, acting much more swiftly than with previous variants.

"What we do know is there's a significant number of mutations, perhaps double the number of mutations that we have seen in the Delta variant," Health Secretary Sajid Javid told broadcasters.

"And that would suggest that it may well be more transmissible and the current vaccines that we have may well be less effective."

Travellers arriving in England from several southern African countries will have to quarantine amid warnings over a new coronavirus variant.

UK Health Secretary Sajid Javid said from 12:00 GMT on Friday six countries would be added to the red list, with flights being temporarily banned.

One expert described the variant, known as B.1.1.529, as "the worst one we've seen so far", and there is concern it has the potential to evade immunity.

No cases have been confirmed in the UK.

Only 59 confirmed cases have been identified in South Africa, Hong Kong and Botswana so far.

What do we know about this new variant?
What are the latest changes to UK travel rules?
All flights from South Africa, Namibia, Zimbabwe, Botswana, Lesotho and Eswatini are being suspended.


Mr Javid said that scientists were "deeply concerned" about the new variant but more needed to be learned about it.

But he said the variant has a significant number of mutations, "perhaps double the number of mutations that we have seen in the Delta variant".

He added: "And that would suggest that it may well be more transmissible and the current vaccines that we have may well be less effective."

Travellers arriving in England from several southern African countries will have to quarantine amid warnings over a new coronavirus variant.

UK Health Secretary Sajid Javid said from 12:00 GMT on Friday six countries would be added to the red list, with flights being temporarily banned.

One expert described the variant, known as B.1.1.529, as "the worst one we've seen so far", and there is concern it has the potential to evade immunity.

No cases have been confirmed in the UK.
Only 59 confirmed cases have been identified in South Africa, Hong Kong and Botswana so far.

Mr Javid said that scientists were "deeply concerned" about the new variant but more needed to be learned about it.

But he said the variant has a significant number of mutations, "perhaps double the number of mutations that we have seen in the Delta variant".

He added: "And that would suggest that it may well be more transmissible and the current vaccines that we have may well be less effective."

COVID-19 cases are on the rise again in various parts of Europe as the cold weather has affected the spread of the virus.

Countries on the Old Continent are attempting to curb the spike through various means - from a national lockdown in Austria, to limiting access to certain services elsewhere, or pushing for an increase in vaccination rates.

EU ministers met to discuss the rollout of booster shots and their impact on the bloc's digital vaccination pass.

Around 60% of people in Western Europe are fully immunised against COVID-19, but only about half as many are vaccinated in Eastern Europe.

The World Health Organization has warned Europe and Central Asia could face another 700,000 COVID-19 deaths by March 1. It said deaths due to COVID-19 rose to nearly 4,200 per day last week — a doubling of levels recorded at the end of September....


Fact check.. when Covid cases are rising..
Especially active cases are at record high, hospitals are mostly all filled and PPEs are much needed..