https://www.channelnewsasia.com/asia/covid-19-travellers-china-curbs-tests-quarantine-flights-3172591
Uptrending!?

gohkimhock
@geary you seemed to miss out on this:-
"Fauci said he was encouraged by the case of Singapore, which had a major surge of infections from XBB but did not see hospitalizations rise at the same rate. Pekosz said XBB.1.5, in combination with holiday travel, could cause cases to rise in the U.S. But he said the boosters appear to be preventing severe disease."
20 minutes ago

That's why I say, don't be "Smart Alec" including those scientist, all health officers.
We still don't understand why so many honey bees are dying, not only global warming, so many pesticides, so much pollution.
Those deadly pathogens are getting more n more, mutating n changing. So probably we are going to be vaccinated every six months, of new enhanced vaccine!?
If all bees are Dead, humanity will be Wipeout within #18 months, all become zombies, eating human flesh!?

CNBC News:
KEY POINTS
•The Covid omicron XBB.1.5 variant has nearly doubled in prevalence over the past week and now represents about 41% of new cases in the U.S., according to CDC data.

•XBB.1.5 is highly immune evasive and appears to bind better to cells than other members of the XBB omicron subvariant family.

•Scientists at Columbia University have warned that the rise of subvariants such as the XBB family could "result in a surge of breakthrough infections as well as re-infections."

Nobody can Predict; don't try to be 'Smart Alex', Nobody knows, don't believe what u don't know n understand!?
Open your eyes n Seek, the Cosmos is Endless Possibilities!?

FOCUS LUMBER BERHAD
Date of transaction 30 Dec 2022
Currency Malaysian Ringgit (MYR)
Type of changes Distribution as Dividend.
Total number of treasury shares changed (units).
#8,414,108.

Total number of treasury shares held after the resale or transfer #11,730,632

Adjusted issued capital after cancellation (no. of shares) (units) #229,136,000.

Stock
[FLBHD]: FOCUS LUMBER BERHAD
Announcement Date
29-Dec-2022
Date
29-Dec-2022
Share
Ordinary Shares
Number of Shares
20,000
Shares Retained in Treasury
20,000
Currency
MYR
Price (per shares)
0.630 - 0.635
Total Amount
12,615.00
Total Treasury Shares
20,081,740

Natural Latex Glove.
During the #80s/90s, all medical gloves are made of natural rubber.
Allergies was the reason, now mostly are synthetic rubber, like Nitrile, Vinyl n Polyethylene.
Natural Latex gloves are made from a natural rubber compound and are naturally biodegradable, the same can't be said for most nitrile gloves. Traditionally, nitrile gloves have not been biodegradable, as they're made from a synthetic compound that takes many years to decompose.
Probably a #100 years to be composted.
Nowadays because of environment friendly views, n climate changes, natural rubber glove are making a huge comeback.
TopGlov n others established glove producers, what the point employing so many R&D graduates for what reasons?!
Research already being done to deproteinized natural latex, to zero down allergies.
Plus natural rubber gloves are environment friendly, n can be biodegraded within #4/5 years.
Usually expiry date of natural rubber gloves are only #3 years.
China only Hainan Island having rubber plantation. Vietnam having some also.
Now the largest exporter of rubber is Thailand, Malaysia becomes second years ago.
So Malaysia needs to centralizes their latex production, to be more efficient.
TopGlov has natural latex mills in Southern Thailand, the world largest gest centralized areas in rubber cultivation or plantation.
So Thailand n maybe Vietnam is our future big competitors in glove production.
Malaysia News Portal.

CNN Latest;
In response to the surging cases in China, the United States, Italy, Japan, India and Malaysia announced this week they would increase health measures for travellers from China.

The lack of transparent data from China - particularly about viral genomic sequencing - is making it "increasingly difficult for public health officials to ensure that they will be able to identify any potential new variants and take prompt measures to reduce the spread", US officials said Tuesday.

India and Japan have already said they will impose mandatory polymerase chain reaction (PCR) testing on all passengers from China, a measure Flahault said could be a way around any delays in information from Beijing.
29 Dec, '22.

What's the Competitive Advantage of Malaysian Glove manufacturers, the number 1, competitor is Thailand not China lah!?
Only Thailand n Malaysia is no. 1/2 natural rubber producers.
So u analyze for what is the glove that's environmental friendly, the future of artificial gloves are phasing out, even nitrile glove, vinyl glove is phasing out already.
Something to do with natural biodegradable glove!?

Rogers: Well, short sellers are good for any market that occurs. If something is really getting crazily priced, short sellers come in and prevent it from going too high.

It may go too high, but at least (short sellers) temper the rise. If they’re wrong, they just make the market go even higher because they have to cover (their short positions).

And on the other hand, if and when, whatever the item (is shorted) collapses, the short sellers have to buy. So that prevents it from going down too much because if it goes from 10 to 2, the short sellers come in and buy and it doesn’t go to one. The short sellers make it, just go to two.

So the short sellers temper moves on the upside and on the downside. Whether they’re right or wrong. So short selling is good for markets.

Many don’t understand short selling or what short sellers do.

There was a president in the United States named Richard Nixon. He could not understand it. He thought it must be illegal because he never quite understood what short selling was. We had another president named (Dwight) Eisenhower who didn’t even know it existed. He didn’t know what it was. So, I mean, these are high-level people in America. And short selling is not understood by most people. And even the people who figure it out, many of them get it wrong.
Go Ahead, Jim Rogers!

Oldbird900
Millions of Chinese are going overseas with border opening. Pray they will not bring deadly variants that can escape immunity all over the world that trigger may another pandemic.

COVID is borderless, history will repeat itself, because of greed, hatred n ignorance of humanity.

This is the Aeon of diseases n calamities, more serious pathogens will emerge, that's for sure, unless, humanity behave righteously, but it will become so terrible, then only it's a turnaround.
No other choices!?

sigma404
Market sentiment so funny recently
5 minutes ago

Traders will be influenced by sentiment, momentum, geopolitical tension, pandemic crisis, so many macro n variables.
Market is unpredictable, irrational, cruel, inefficient, highly volatile, feeling of euphoria n sadness, n name it loh!?

kentrade888
Influenced by the negative statements made in the newspapers by those experts.
54 minutes ago
Lot of fakes n correct news lah;
Most of the time it's just Gut Feeling, or consciousness involved!
Look at Eddies Ong CM, Hextech!?
Crazy lah, what fundamental loh!?
So there are no efficient, no guarantee, no one strategy 'kaotim' all the traders n investors.
True investors only look out for product or service that is sustainable, a bit of earnings growth, pay descent dividend n occasionally bonus issue.
Traders can trade in so many different markets, forex, derivative, option, stock, commodity, crypto, etc.

rr88

I bought at 0.70 bottom on 20dec and sold at the 0.95 peak this morning. Profit = 35.71428571%.
Standard #20% Return for a year is already excellent, but there are times, we may lose #10/20% also.
So be more flexible, nothing is forever winning, because we are traders.
Value Growth Investors are much different scenarios!?

bojed
Sold at 0.94 few minutes after opening.
22.88% profit in 3 days. Have a nice day everyone!
Retracement ongoing, sold half if u bought around @0.70.
Stock Market isn't organized or efficient market theory, everyday it's just seeking, it's so Volatility!?

https://www.japantimes.co.jp/news/2022/12/27/national/japan-borders-china-travelers/
Omicron BF.7!?

Business Today
News LATEST World China paying elderly to get vaccinated as Covid wreaks havoc.
China paying elderly to get vaccinated as Covid wreaks havoc, because almost two-third aren't double vaccinated n boosted,
because of less infected people, the past two n a half year.

Troubled by the ferocious spike at present, the Chinese authorities are now promising to pay those above 60 years $70 (nearly 500 Chinese Yuan) for double n boosted vaccination, Associated Press reported on Tuesday.

Singapore’s ‘decisive’ living with Covid-19 move:
All you need to know, above #95% are fully vaccinated;
From masks off outdoors to no on-arrival testing for vaccinated travellers, Singapore from next week will ease or ditch a slew of pandemic-era curbs
Alcohol can be served after 10.30pm again and live performances are set to make a return – but not all workers will be as excited about a return to the office.

China so much differences, that's the main problems!?

China is Living with COVID!
China grapples massive COVID wave with full emergency wards and crowded crematoriums: 'Many people dying'
Experts have forecast China will eventually experience a million to 2 million deaths over 2023
By Lawrence Richard | Fox News

https://www.china-briefing.com/news/managing-china-manufacturing-supply-chains-during-covid-outbreaks/
Spikes in Prices of consumer, healthcare n necessities products n services!?

Omicron BF.7; New deadly Variant might mutate or emerge!?
He said 50 of the 130 omicron versions detected in China had resulted in outbreaks. The country is creating a national genetic database "to monitor in real time" how different strains were evolving and the potential implications for public health, he said.

At this point, however, there's limited information about genetic viral sequencing coming out of China, said Jeremy Luban, a virologist at the University of Massachusetts Medical School.

"We don't know all of what's going on," Luban said. But clearly,
"the pandemic is not over."

AP video producer Olivia Zhang and reporter Dake Kang in Beijing contributed to this report. The Associated Press Health and Science Department.
Bullish Momentum!?

https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-lumber-and-wood-products-laminated-veneer-lumber-fed-data.html

Cumulative net outstanding treasury shares as at to-date (units) #19,621,540#

Adjusted issued capital after cancellation
(no. of outstanding shares) (units)
#229,136,000#

Company Name FOCUS LUMBER BERHAD
Entitlement Ordinary Shares
Ratio (New : Existing) 1.0000 : 25.0000
Securities Crediting Date:
#30 Dec 2022#
Available / Listing Date
Fractional Entitlement Round Down / Fraction Disregard

yfchong
See can add @ 0.60
1 hour ago

Probably! Cash/Floor Value @0.61!
Added Average @0.64! ｡⁠◕⁠‿⁠◕⁠｡

Bought!
Investment Graded Company!
Fair Value @<0.70!?

i3lurker
Death Spikes can go 5X higher

so if pre-death is 60 sen then the Death Spike 5 X 60 sen = RM3.00 per share

｡⁠◕⁠‿⁠◕⁠｡

AdCool

When gloves made the best results from Dec 2020 to June 2021, gloves were already in downtrend. Now gloves are making the worst results from June 2022 to Dec 2022, gloves would reverse in uptrend. That's how it works. Those who refuse to buy in or close their short position, would be wiped off in these few months. Just wait and see.
｡⁠◕⁠‿⁠◕⁠｡

The omicron subvariants BQ.1 and BQ.1.1 are of greatest concern. They are resistant to Evusheld and are increasing in the U.S. every week. BQ.1 and BQ.1.1 represent 27% of infections combined while omicron BA.5 has declined to 50%, according to the Centers for Disease Control and Prevention.

Fauci said the U.S. needs to dramatically reduce the number of Covid deaths, which currently stand at about 400 per day, before the country can declare the pandemic over.

“We’re still in the middle of this — it is not over,” Fauci said. “Four hundred deaths per day is not an acceptable level. We want to get it much lower than that.”
Fauci.

Average Bought back/
Added Enough: @>0.38:⁠-⁠)
Below #18 months; Fair Value; 10XPEG!?
@0.60/0.65.
#15%! Earnings Growth!?
Conservative Prediction: FY EPS: #0.06/0.065.!?
Food n Beverages businesses, u look around Bursa, mostly having higher PE multiple than PTRB!?:⁠-⁠)

chon99
I have no worries, even though I bought at an average price of over RM0. 43
If next quarter can maintain such profit or even better, I think it price would not remain at this level

Prediction around #500M: Sales; Net Margin: #6.6%; #25/30M Net Profit.
Just a prediction on numbers Only; market is Irrational!?

chon99
I wish to reiterate that I will keep the PT Resources for some times .
I believe it will rebound to a higher level sooner or later.
Let you all carry on with your comments.
I will come back later
Thank you everyone.
Slow n Steady much better, because it's a defensive consumer products.
Patience needed:⁠-⁠)

Average Bought back/Added!
@>0.40:⁠-⁠)
Below #18 months; Fair Value; 10XPEG!?
@0.60/0.65.
#15%! Earnings Growth!?
Conservative Prediction: FY EPS: #0.06/0.065.!?
Food n Beverages businesses, u look around Bursa, mostly having higher PE multiple than PTRB!?:⁠-⁠)

Chon99
PT Resources' seafoods are not only sold to Malaysia but also to China and some of the Middle East countries.
It products got huge demand. Just imagine the demand in China alone will surprise you. Luckily PT Resources is an established Seafood King. Many people will buy seafood from this company. Some more it got online order service. So business wise, it is not a problem for PT Resources.
Future demand for white healthy meat, like fish, chicken, n rabbit, plus prices of these types of white meat will increase #3/4% per year.
Another is clean water n beverages resources, also will have hike in prices.
Lot of protectionism of local water n food resources, because of increasing population worldwide.
Another #3/5 years, world population will be around #9.5 billions!?

We notice that:
Property theme over;
Energy theme over;
Glove theme over;
Tech theme over and
Plantation theme over .
Food and beverages will be the new theme now and beyond 2023 ?
(Everyone needs to eat to survive.)
Cyclical Business like energy, plantation, property, plus cyclical consumer, they depends on certain variables.
For Defensive Consumer business, it's necessity, so the growth is conservative, that's more slow n steady earnings growth prospect.
So consumer defensive business needs lot of patience.
Technology isn't not cyclical, it's fast changing business model. That's why many like to Day/Swing Trade.
Mostly it's all about supply n demand equilibrium.
Like Glove now, it's imbalanced.
So it's also very tricky, because market is irrational n not efficient.
Forward analysis with numbers, always has margin of error, so maximum it's forward earnings #18 months. Big margin of error beyond that.
Invest, trade wisely!?

chon99
Hope the Malaysian Government Budgets 2023 announced today give some driving force for Bursa Market on coming Monday.
Bursa Market: Positive Sentiment :⁠-⁠)

Added Average:
@<0.31:⁠-⁠)
Invested!
Consumer Defensive Product.
Earnings Growth: #20%; 13xPEG; Fair Value: @>0.40.!?

chon99
PT Resources still in the active list within top ten position.
That means strong support at RM0.40 for this counter.
Looking forward to rebound next week.
Hold for another #3 Quarters!?
"Price is what u pay, value is what u get".

Bought back @0.995:⁠-⁠)
Sold @0.965^⁠_⁠^

chon99
However, as for me , I
will keep PT Resources for some times .
Market looking Bullish next few days!?
Eat more water content diets, n less white fresh meat, easily digested, plus healthy squatting exercises in the morning, wish everyone good health :⁠-⁠)

Sold @0.465; #18% Gained :⁠-⁠)

Bought back yesterday @0.88; At present momentum good turnover/volume! Flattish Sold!^⁠_⁠^

Bought @0.395. This one consumer defensive, a bit slow the Bull! #2/3 weeks:⁠-⁠)
The "E" n "G" is Volatile; so PE, PEG; just a general guidelines.
So #10X PE is reasonable or Fair :⁠-⁠)

Yu_and_Mee
@geary, so you sold off already?
Will drop to even lower.
Flattish/Bullish Momentum; Not Bearish :⁠-⁠)

Took some profit at 1.13, thank you Cnergenz! Let's soar new high tomorrow!
We R Momentum Day/Swing Traders◉⁠‿⁠◉

Sold!@1.12 contra win #8% is enough!?

nelsonlim
vicky, our feds said is technical recession hahaha so not recession~
13 seconds ago
Don't be Naive!?
Bread, roti canai/prata, chapati, triple price from now!?
Then u know what's hyperinflation; because of Ukraine conflict, plus bad weather, n supply chains disruption!?

Satanist US,UK, n NATO!?
Putin will use thermonuclear bomb?
The heat from a 1 KT detonation could cause 50% mortality, from thermal burns, to individuals within an approximate 0.4 miles (610 m) radius.
wow mrs.lim, at least still better than sfp right hahahaha
Don't Hope, be practical!?
'Hit n Run' nowadays!?

Insiders Bought!
Added More:⁠^⁠)

cedcan
So many taking profit
:⁠-⁠)! Retracing More!? Around RSI50/55!?

Sold All @1.00! Very Volatile, because of higher interest rates!?
Bought back AGMO @0.905!
@1.00! Good profit, don't be too Greedy :⁠^⁠)