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2021-11-30 06:46 | Report Abuse
Biden also urged Americans to get back to wearing face masks in all indoor public settings – a pandemic precaution that has fallen out of use across much of the country.
2021-11-30 06:43 | Report Abuse
4 hours ago (18:06 GMT)
Omicron ‘not a cause for panic’: Biden
President Joe Biden in a televised address from the White House said the Omicron coronavirus strain “is a cause for concern, not a cause for panic”.
“We have more tools today to fight the variant than we’ve ever had before,” he said, while adding that his chief medical adviser Anthony Fauci expected current vaccines would remain protective, with boosters enhancing protection.
2021-11-30 06:43 | Report Abuse
4 hours ago (18:06 GMT)
Omicron ‘not a cause for panic’: Biden
President Joe Biden in a televised address from the White House said the Omicron coronavirus strain “is a cause for concern, not a cause for panic”.
“We have more tools today to fight the variant than we’ve ever had before,” he said, while adding that his chief medical adviser Anthony Fauci expected current vaccines would remain protective, with boosters enhancing protection.
2021-11-30 06:41 | Report Abuse
3 hours ago (19:02 GMT)
WHO warns that new virus variant poses ‘very high’ risk
The World Health Organization says the global risk from the Omicron variant of the coronavirus is “very high” based on early evidence, and it could lead to surges with “severe consequences”.
2021-11-30 06:40 | Report Abuse
3 hours ago (19:02 GMT)
WHO warns that new virus variant poses ‘very high’ risk
The World Health Organization says the global risk from the Omicron variant of the coronavirus is “very high” based on early evidence, and it could lead to surges with “severe consequences”.
2021-11-30 06:40 | Report Abuse
29 Nov 2021
|
Updated:
an hour ago
A three-day special session of the World Health Assembly (WHA) kicked off on Monday to discuss pandemic preparedness and response, amid concerns about the spread of the new Omicron variant.
2021-11-30 06:40 | Report Abuse
29 Nov 2021
|
Updated:
an hour ago
A three-day special session of the World Health Assembly (WHA) kicked off on Monday to discuss pandemic preparedness and response, amid concerns about the spread of the new Omicron variant.
2021-11-30 06:39 | Report Abuse
3 hours ago (19:28 GMT)
France reports biggest jump in hospital patients since spring
France registered its biggest jump in coronavirus-related hospital admissions since the spring, health ministry data showed.
The number of patients in intensive care units with COVID-19 jumped by 117 to 1,749 people, the biggest increase since March-April, when the ICU number rose by more than 100 per day on several days.
The French health minister last week said that France has entered a fifth wave of the COVID-19 epidemic.
2021-11-30 06:38 | Report Abuse
3 hours ago (19:28 GMT)
France reports biggest jump in hospital patients since spring
France registered its biggest jump in coronavirus-related hospital admissions since the spring, health ministry data showed.
The number of patients in intensive care units with COVID-19 jumped by 117 to 1,749 people, the biggest increase since March-April, when the ICU number rose by more than 100 per day on several days.
The French health minister last week said that France has entered a fifth wave of the COVID-19 epidemic.
2021-11-30 06:36 | Report Abuse
2 hours ago (20:23 GMT)
Hospitalisations in Michigan surge
Michigan’s number of hospitalised adults with confirmed COVID-19 cases reached a new pandemic high of nearly 4,200 as the state continued to confront surging infections.
The total of 4,181 surpassed the previous record of 4,158, which was set seven months ago during the state’s third wave.
Only Minnesota had a higher seven-case case rate than Michigan as of Sunday, according to the Centers for Disease Control and Prevention.
2021-11-30 06:35 | Report Abuse
2 hours ago (20:23 GMT)
Hospitalisations in Michigan surge
Michigan’s number of hospitalised adults with confirmed COVID-19 cases reached a new pandemic high of nearly 4,200 as the state continued to confront surging infections.
The total of 4,181 surpassed the previous record of 4,158, which was set seven months ago during the state’s third wave.
Only Minnesota had a higher seven-case case rate than Michigan as of Sunday, according to the Centers for Disease Control and Prevention.
2021-11-30 06:05 | Report Abuse
Surge in Glove demand due to Omicron and its mutations.
2021-11-30 06:00 | Report Abuse
Surge in Glove demand due to Omicron and its mutations.
2021-11-30 05:58 | Report Abuse
NEW YORK/BENGALURU (Nov 29): Bargain buying in technology stocks drove Wall Street higher on Monday following a slump related to Omicron, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant.
The S&P technology subindex jumped 2.1%, indicating investors were likely favouring pandemic-resistant technology stocks amid growing fears of Omicron.
2021-11-30 05:57 | Report Abuse
NEW YORK/BENGALURU (Nov 29): Bargain buying in technology stocks drove Wall Street higher on Monday following a slump related to Omicron, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant.
The S&P technology subindex jumped 2.1%, indicating investors were likely favouring pandemic-resistant technology stocks amid growing fears of Omicron.
2021-06-09 16:13 | Report Abuse
Also JPM is a share manipulator. They have been sued in the US for manipulating shares. All naysayers are similar to JPM. Instil fear to manipulate the share price. JPM and naysayers are birds of the same feather LOL.
2021-06-09 16:10 | Report Abuse
U.S. report concluded COVID-19 may have leaked from Wuhan lab - WSJ
https://www.thestar.com.my/news/world/2021/06/08/us-report-concluded-covid-19-may-have-leaked-from-wuhan-lab---wsj
Sure US will now stop all China products into the US. Supply of gloves to US will now be from Malaysia and surely Supermax will gain hugely from this.
2021-06-09 14:52 | Report Abuse
Anyways good for Supermax, as it will take over all the TG glove demand in the US. See Harta sales and PAT, up and continuing to increase.
2021-06-09 14:49 | Report Abuse
The drop in revenue and PAT is because of the US ban on TG gloves. Yes, the ASP has dropped slightly but the sales have increased to offset the price drop. If not for the US ban, the PAT will be about 3B.
2021-06-08 14:45 | Report Abuse
https://www.theedgemarkets.com/article/more-chinese-firms-could-fall-u...
Biden has began his banning of china products. He is more aggressive than Trump. Which means China gloves will soon be off the US market. In fact believe US may have already stop purchasing gloves from China.
This is a huge advantage now for Malaysian Gloves to supply the annual 25B glove demand just for the medical sector.
2021-06-08 14:44 | Report Abuse
https://www.theedgemarkets.com/article/more-chinese-firms-could-fall-u...
Biden has began his banning of china products. He is more aggressive than Trump. Which means China gloves will soon be off the US market. In fact believe US may have already stop purchasing gloves from China.
This is a huge advantage now for Malaysian Gloves to supply the annual 25B glove demand just for the medical sector.
2021-06-08 14:40 | Report Abuse
https://www.theedgemarkets.com/article/more-chinese-firms-could-fall-under-bidens-broader-investment-ban
Biden has began his banning of china products. He is more aggressive than Trump. Which means China gloves will soon be off the US market. In fact believe US may have already stop purchasing gloves from China.
This is a huge advantage now for Supermax, especially with a new manufacturing plant in the USA. Supermax will soon be the biggest and significant sole supplier of gloves to the USA. It will secure a huge portion of the 25B annual glove demand just for the medical sector in the USA.
2021-06-07 09:16 | Report Abuse
@monetary
Wearing gloves during vaccination is now a new norm in many and most countries - Malaysia, Australia, Indonesia, India, USA, Germany, Netherlands, Canada, etc, etc, etc.
That is why Malaysian glove exports have been increasing month after month this year. The figures are proof.
2021-06-06 23:57 | Report Abuse
Covid 19 death and hospitalization drop is good news for gloves. It's because of gloves that live can be saved and less hospitalization meaning more and more vaccination. Each dose requires a new pair of gloves. That is why the export for gloves since Jan until now, May, June have been steadily increasing. Demand continues to surge. Supply still lagging.
Petaling Street None approved gloves advertised online only fit for garbage collection and gardening. Not for medical grade gloves. All medical centers and governments buy directly from approved distributors and manufacturers. Not Lazada and Shoppee. So ASP has only dropped slightly but this has been balanced up by volume of sales. So revenue and PAT still remains robust.
2021-06-06 23:56 | Report Abuse
Covid 19 death and hospitalization drop is good news for gloves. It's because of gloves that live can be saved and less hospitalization meaning more and more vaccination. Each dose requires a new pair of gloves. That is why the export for gloves since Jan until now, May, June have been steadily increasing. Demand continues to surge. Supply still lagging.
Petaling Street None approved gloves advertised online only fit for garbage collection and gardening. Not for medical grade gloves. All medical centers and governments buy directly from approved distributors and manufacturers. Not Lazada and Shoppee. So ASP has only dropped slightly but this has been balanced up by volume of sales. So revenue and PAT still remains robust.
2021-06-06 23:56 | Report Abuse
Covid 19 death and hospitalization drop is good news for gloves. It's because of gloves that live can be saved and less hospitalization meaning more and more vaccination. Each dose requires a new pair of gloves. That is why the export for gloves since Jan until now, May, June have been steadily increasing. Demand continues to surge. Supply still lagging.
Petaling Street None approved gloves advertised online only fit for garbage collection and gardening. Not for medical grade gloves. All medical centers and governments buy directly from approved distributors and manufacturers. Not Lazada and Shoppee. So ASP has only dropped slightly but this has been balanced up by volume of sales. So revenue and PAT still remains robust.
2021-06-06 23:55 | Report Abuse
Covid 19 death and hospitalization drop is good news for gloves. It's because of gloves that live can be saved and less hospitalization meaning more and more vaccination. Each dose requires a new pair of gloves. That is why the export for gloves since Jan until now, May, June have been steadily increasing. Demand continues to surge. Supply still lagging.
Petaling Street None approved gloves advertised online only fit for garbage collection and gardening. Not for medical grade gloves. All medical centers and governments buy directly from approved distributors and manufacturers. Not Lazada and Shoppee. So ASP has only dropped slightly but this has been balanced up by volume of sales. So revenue and PAT still remains robust.
2021-06-06 11:05 | Report Abuse
https://www.mida.gov.my/mida-news/rubber-gloves-to-maintain-double-digit-growth/
Rubber gloves to maintain double-digit growth
31 May 2021
The global demand for rubber gloves is projected to maintain a double-digit growth of between 12% and 15%, backed by the persisted healthcare demand amid the rolling out of the Covid-19 vaccines, said Malaysian Rubber Council (MRC).
MRC CEO Nurul Islam Mohamed Yusoff said the expectations remain high as Malaysia’s export of rubber products continued to chart an upward trajectory since the beginning of the year.
“The global per capita consumption of rubber gloves is expected to increase to 25 pairs in 2021 driven by higher usage of gloves in major Malaysia’s export markets such as the US and Europe as well as large emerging markets, particularly in the Asian region.
“Malaysia’s rubber glove industry will maintain its positive momentum and exports are expected to reach a new high for the full year of 2021,” he said in a statement.
Between Jan and March this year, the revenue of Malaysia’s rubber exports jumped 169.6% to RM21.84 billion from RM8.1 billion made from the same period in 2020.
The downstream rubber products, which formed 89.5% of the total exports of the rubber industry with RM19.54 billion in value, also increased tremendously by 213.8%, driven by the strong increase in the latex goods sector.
Meanwhile, latex goods such as rubber gloves, latex threads and condoms recorded a total increase of 250.6% due to the ongoing Covid-19 pandemic.
In the first quarter of 2021 (1Q21), latex goods accounted for 93.7% of total exports of rubber products while dry rubber products accounted for the remaining 6.3%.
The gloves sub-sector remained the largest export revenue generator for the rubber industry as it increased nearly four-fold or 265.7% to RM17.86 billion in the first three months of 2021.
For dry rubber, the sub-sector had bounced back to record double-digit growth of 22.1% to reach RM1.22 million in 2021 from RM1. billion, after recording a decline in the first quarter of last year due to the pandemic.
The dry rubber products sector includes tyres, industrial rubber goods, general rubber goods, and footwear.
Tyres, which is the largest exports within the dry rubber products sector, recorded RM431.5 million in 1Q21 with an increase of 24.6% compared to RM346.2 million last year.
Meanwhile, total exports of industrial rubber goods, which comprised of products for the automotive, mining and construction sectors, improved by 29.2% to RM306.3 million in 2021.
Commenting on the prospect of the domestic rubber industry, Nurul Islam said it needs to move up the global value chain while the rubber companies must explore ways for their products to be associated with bigger purposes of which will ultimately gain international recognition.
“Current initiatives are geared towards creating value for Malaysia’s rubber industry to ensure it remains resilient, agile, competitive and sustainable.
“The intended outcome is to elevate the industry up towards the global value chain in ensuring optimising potentials while enhancing the rubber industry to address bottlenecks and governance and reputational challenges,” he said.
He added that MRC will identify and nurture small and medium-sized enterprises (SMEs), particularly from the dry rubber sector and assist them in exploring the international markets.
“There are four key areas which gear towards funding and grants, technical support, training and development as well as export marketing and branding that we are implementing and they would be tailored to the needs and potential of the selected companies,” he said.
Source: The Malaysian Reserve
2021-06-06 11:05 | Report Abuse
https://www.mida.gov.my/mida-news/rubber-gloves-to-maintain-double-digit-growth/
Rubber gloves to maintain double-digit growth
31 May 2021
The global demand for rubber gloves is projected to maintain a double-digit growth of between 12% and 15%, backed by the persisted healthcare demand amid the rolling out of the Covid-19 vaccines, said Malaysian Rubber Council (MRC).
MRC CEO Nurul Islam Mohamed Yusoff said the expectations remain high as Malaysia’s export of rubber products continued to chart an upward trajectory since the beginning of the year.
“The global per capita consumption of rubber gloves is expected to increase to 25 pairs in 2021 driven by higher usage of gloves in major Malaysia’s export markets such as the US and Europe as well as large emerging markets, particularly in the Asian region.
“Malaysia’s rubber glove industry will maintain its positive momentum and exports are expected to reach a new high for the full year of 2021,” he said in a statement.
Between Jan and March this year, the revenue of Malaysia’s rubber exports jumped 169.6% to RM21.84 billion from RM8.1 billion made from the same period in 2020.
The downstream rubber products, which formed 89.5% of the total exports of the rubber industry with RM19.54 billion in value, also increased tremendously by 213.8%, driven by the strong increase in the latex goods sector.
Meanwhile, latex goods such as rubber gloves, latex threads and condoms recorded a total increase of 250.6% due to the ongoing Covid-19 pandemic.
In the first quarter of 2021 (1Q21), latex goods accounted for 93.7% of total exports of rubber products while dry rubber products accounted for the remaining 6.3%.
The gloves sub-sector remained the largest export revenue generator for the rubber industry as it increased nearly four-fold or 265.7% to RM17.86 billion in the first three months of 2021.
For dry rubber, the sub-sector had bounced back to record double-digit growth of 22.1% to reach RM1.22 million in 2021 from RM1. billion, after recording a decline in the first quarter of last year due to the pandemic.
The dry rubber products sector includes tyres, industrial rubber goods, general rubber goods, and footwear.
Tyres, which is the largest exports within the dry rubber products sector, recorded RM431.5 million in 1Q21 with an increase of 24.6% compared to RM346.2 million last year.
Meanwhile, total exports of industrial rubber goods, which comprised of products for the automotive, mining and construction sectors, improved by 29.2% to RM306.3 million in 2021.
Commenting on the prospect of the domestic rubber industry, Nurul Islam said it needs to move up the global value chain while the rubber companies must explore ways for their products to be associated with bigger purposes of which will ultimately gain international recognition.
“Current initiatives are geared towards creating value for Malaysia’s rubber industry to ensure it remains resilient, agile, competitive and sustainable.
“The intended outcome is to elevate the industry up towards the global value chain in ensuring optimising potentials while enhancing the rubber industry to address bottlenecks and governance and reputational challenges,” he said.
He added that MRC will identify and nurture small and medium-sized enterprises (SMEs), particularly from the dry rubber sector and assist them in exploring the international markets.
“There are four key areas which gear towards funding and grants, technical support, training and development as well as export marketing and branding that we are implementing and they would be tailored to the needs and potential of the selected companies,” he said.
Source: The Malaysian Reserve
2021-06-04 10:59 | Report Abuse
Apparently there is a new variant in China - Delta Variant found. Follow SOP guys.
2021-06-04 10:52 | Report Abuse
All it takes is one person to have a new variant and it will spread. Which means China glove factories will be on shutdown. Glove supply affected. Also many will not want to buy china gloves as the variant can remain on goods longer. More resilient. Remember where this originated from and now the whole world is affected.
This only goes to show that Covid 19 is here to stay and will continue to mutate and new variants will continue to emerge. The world will remain on lockdown / close borders for a few more years.
We will continue to require booster jabs. More glove demand but supply from China will be restricted.
2021-06-04 10:42 | Report Abuse
Just received news and videos on whatsapp. Guangzhou is being quarantined now.
Check it out for yourself. Something is happening.
Can someone verify this as well.
2021-06-04 08:47 | Report Abuse
https://www.theguardian.com/world/live/2021/jun/03/coronavirus-live-news-brazil-anger-toll-olympics-japan-us-uk
UK was the first country to start vaccination. See the new cases have jumped from 2+++ to now 5+++.
All due to the new variants. Keep safe guys and follow SOP. Masking and gloves will continue to be in great demand. NOT Petaling Street, but FDA approved medical grade gloves and masks.
2021-06-04 08:14 | Report Abuse
Supermax's drop from KLCI index is NOT because of its current HUGE and future earnings, PAT. NOT because of its SUPERB current and future performances. NOT because of its current and future expansions. NOT because of its HUGE cash and treasury reserves. NOT because of the HUGE demand for gloves and masks which are all FDA approved. NOT because supply cannot meet demand for FDA / Authority approved medical grade gloves. NOT because of its strong fundamentals.
Its all because of Share Price Manipulation, RSS, fear mongering, etc, etc to create Panic Selling. If you have holding power for medium term, best to hold. Let the IBs and RSS continue with fake Q for selling and buying. Eventually all will get caught and the share price will start to rise.
The above may cause selling pressure in K+. Many are waiting to collect cheap.
2021-06-04 08:14 | Report Abuse
Supermax's drop from KLCI index is NOT because of its current HUGE and future earnings, PAT. NOT because of its SUPERB current and future performances. NOT because of its current and future expansions. NOT because of its HUGE cash and treasury reserves. NOT because of the HUGE demand for gloves and masks which are all FDA approved. NOT because supply cannot meet demand for FDA / Authority approved medical grade gloves. NOT because of its strong fundamentals.
Its all because of Share Price Manipulation, RSS, fear mongering, etc, etc to create Panic Selling. If you have holding power for medium term, best to hold. Let the IBs and RSS continue with fake Q for selling and buying. Eventually all will get caught and the share price will start to rise.
The above may cause selling pressure in K+. Many are waiting to collect cheap.
2021-06-04 08:09 | Report Abuse
This is the day IBs are waiting for. Panic Sell.
Supermax's drop from KLCI index is NOT because of its current HUGE and future earnings, PAT. NOT because of its SUPERB current and future performances. NOT because of its current and future expansions. NOT because of its HUGE cash and treasury reserves. NOT because of the HUGE demand for gloves and masks which are all FDA approved. NOT because supply cannot meet demand for FDA / Authority approved medical grade gloves. NOT because of its strong fundamentals.
Its all because of Share Price Manipulation, RSS, fear mongering, etc, etc to create Panic Selling. If you have holding power for medium term, best to hold. Let the IBs and RSS continue with fake Q for selling and buying. Eventually all will get caught and the share price will start to rise.
Until then, all naysayers, try your best today. Waiting at 2.
2021-06-03 16:22 | Report Abuse
@tiruban85 - the reason these countries not using gloves is because of huge shortage of FDA approved medical grade gloves. So they prioritize vaccination whilst waiting for their glove orders to come. So now you all now that demand is so great and supply is just not enough.
These are FDA approved medical grade gloves, not Lazada / Petaling Street low quality unapproved gloves.
2021-06-03 10:37 | Report Abuse
Now double masking is becoming a norm. New norm - double masking.
Supermax mask business is also surging. Economics of scope.
Double revenue for Supermax - Gloves + Mask.
2021-06-03 09:01 | Report Abuse
US already stopped mass testing. That is why the numbers are lower but this is in noway true scenario. Now they have switched the strategy to mass vaccination. This is good for gloves because surge in glove demand in the US - new pair for each dose of vaccination - New Norm for jabs.
Example is Malaysia - only when we started mass testing in Selangor is when you can see the true situation.
So the true situation of new cases are only true when all does mass testing.
2021-06-03 09:01 | Report Abuse
US already stopped mass testing. That is why the numbers are lower but this is in noway true scenario. Now they have switched the strategy to mass vaccination. This is good for gloves because surge in glove demand in the US - new pair for each dose of vaccination - New Norm for jabs.
Example is Malaysia - only when we started mass testing in Selangor is when you can see the true situation.
So the true situation of new cases are only true when all does mass testing.
2021-06-03 08:59 | Report Abuse
US already stopped mass testing. That is why the numbers are lower but this is in noway true scenario. Now they are switch the strategy to mass vaccination. This is good for gloves because surge in glove demand in the US - new pair for each dose of vaccination - New Norm for jabs.
Example is Malaysia - only when we started mass testing in Selangor is when you can see the true situation.
So the true situation of new cases are only true when all does mass testing.
2021-06-03 08:52 | Report Abuse
New cases in Frace and Brazil have surged.
France - from 1+++ to yesterday 9+++. Now reaching 9+++ as well.
Brazil - from 32+++ to 77+++. Now reaching 95+++.
India - climbing again. Now 134+++.
UK - from 2+++, now 4+++.
Be safe everyone. Comply with SOP. Use PPEs. Glove demands continue to rise as well.
2021-06-03 08:52 | Report Abuse
New cases in Frace and Brazil have surged.
France - from 1+++ to yesterday 9+++. Now reaching 9+++ as well.
Brazil - from 32+++ to 77+++. Now reaching 95+++.
India - climbing again. Now 134+++.
UK - from 2+++, now 4+++.
Be safe everyone. Comply with SOP. Use PPEs. Glove demands continue to rise as well.
2021-06-03 08:50 | Report Abuse
New cases in Frace and Brazil have surged.
France - from 1+++ to yesterday 9+++. Now reaching 9+++ as well.
Brazil - from 32+++ to 77+++. Now reaching 95+++.
India - climbing again. Now 134+++.
UK - from 2+++, now 4+++.
Be safe everyone. Comply with SOP. Use PPEs. Glove demands continue to rise as well.
2021-06-02 10:02 | Report Abuse
shearer202. - you got to do a better job to instil fear. Poor joblah.
2021-06-02 10:00 | Report Abuse
moneymaker - you got to do better to instill fear. Poor joblah.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-11-30 06:46 | Report Abuse
Biden also urged Americans to get back to wearing face masks in all indoor public settings – a pandemic precaution that has fallen out of use across much of the country.