yttihs this morning TG is toe-to-toe with Pharma. Both +0.76.
suddenly, only TG left now.
that one went south already.
I hope not many ppl get burn.
Some IB got burned now. Still trying to revive.

｡◕‿◕｡

Up...ʘ‿ʘ

Sold All...one or two days show maybe...◉‿◉

Goldberg AFFIN HWANG raised TOPGLOV target price to RM46.40.

Reasonable target price...but hold how long...maybe 100 days...but 200 days can become...RM 58.00...◉‿◉

haha1234 pharma and dpharma is a total useless company compared to others around the world i can guarantee whoever go in now will burn their money that earn from glove into dust
23/07/2020 11:49 AM

As a middleman how much the profit margins...plus it's only in Malaysia's sales...n control by government policies n subsidies...then which countries want to buy from them...they aren't the producers...too much hype...(・o・)

Don't expect first COVID-19 vaccinations until early 2021: WHO expert
FILE PHOTO: Professor Gottfried Kremsner injects a vaccination against the coronavirus disease (COV
File photo of a person receiving a vaccination against COVID-19 from German biotechnology company CureVac. (Photo: Reuters)
23 Jul 2020 02:24AM
(Updated: 23 Jul 2020 10:17AM)

GENEVA: Researchers are making "good progress" in developing vaccines against COVID-19, with a handful in late-stage trials, but their first use cannot be expected until early 2021, a World Health Organization (WHO) expert said on Wednesday (Jul 22).

http://www.xinhuanet.com/english/2020-07/22/c_139232444.htm

JohnFarmer458 topglove unlikely to drop already, if january,february,march profit super high. i'd imagine Q2 april,may,june going to top Q1 profit by at least 3 times . then imagine topglove price will straight shoot to RM50 by that time too late to enter price wont go down anymore

Supermax above 10 baggers... TopGlove...sooner or later also 10 baggers...4th week of march below...@5.00. Probably in less than 2 years...20 baggers...if the demand for gloves still exceed supply...n net margins above average...15%...with 3 years average profit growth of above 50%...is possible...ʘ‿ʘ

AdamK733 there is no fundamental in Dpharma. Besides, they are just middleman selling vaccine. Want goreng also, goreng something with fundamental, at least it drop to a comfortable based.

Yup...Just wait within100 days...Q results will be phenomenal growth of Profit...◉‿◉

yingzhe17 Goreng goreng to 30. Faster please

TG...@48.00...within 200 days...!!!

SYDNEY/LONDON: Global coronavirus infections surged past 15 million on Wednesday, according to a Reuters tally, with the pandemic gathering pace even as countries remain divided in their response to the crisis.

In the United States, which has the highest number of cases in the world with 3.91 million infections, President Donald Trump warned: "It will probably, unfortunately, get worse before it gets better."

The top five countries with the most cases is rounded out by Brazil, India, Russia and South Africa. But, the Reuters tally shows the disease is accelerating the fastest in the Americas, which account for more than half the world's infections and half its deaths.

Globally, the rate of new infections shows no sign of slowing, according to the Reuters tally, based on official reports.

After the first COVID-19 case was reported in Wuhan, China, in early January, it took about 15 weeks to reach 2 million cases. By contrast, it took just eight days to climb above 15 million from the 13 million reached on July 13.

Health experts stress that official data almost certainly underreports both infections and deaths, particularly in countries with limited testing capacity.

The official number of coronavirus cases at 15,009,213 is at least triple the number of severe influenza illnesses recorded annually, according to World Health Organization data, while the death toll of more than 616,000 in seven months is close to the upper range of yearly influenza deaths.

RELAX OR TIGHTEN

With the first wave of the virus still to peak in several countries and a resurgence of case numbers in others, some countries are reintroducing strict social distancing measures while others relax restrictions.

Stung by low approval ratings for his handling of the epidemic and downplaying the risks during the early stages, Trump made a significant shift in rhetoric on Tuesday, encouraging Americans to wear a face mask.

While the epidemic worsened in the United States, Trump's focus ahead of a presidential election in November has been on reopening the economy, and governors in the hard-hit states of Texas, Florida and Georgia continue to push back hard against calls for stricter restrictions.

In Brazil, more than 2.15 million people have tested positive including President Jair Bolsonaro, and more than 81,000 people have died. While Bolsonaro has played down the outbreak, its scale has made Brazil a prime testing ground for potential vaccines.

India, the only other country with more than 1 million cases, reported almost 40,000 new cases on Wednesday. Having been keen to reopen its economy, India is now facing the twin challenge of combating the pandemic and massive flooding in the country's northeast.

Two ministers in South Africa's cabinet were admitted to hospital with COVID-19, as Africa's most-industrialised country counted a total 372,628 confirmed cases and 5,173 deaths.

Other countries are reintroducing restrictions in response to fresh outbreaks.

In Spain, the number of people allowed on Barcelona's beaches was limited after crowds flocked to the seaside over the weekend despite advice to stay home.

In Australia, residents of Melbourne, the country's second biggest city, were ordered to wear masks in public from Wednesday after the country reported a record 501 new cases.

Officials in Canada were closely watching a spike in cases as the economy reopens, attributing the rise in part to large numbers of young people gathering in bars.

China, meanwhile, announced that passengers on inbound flights must provide negative COVID-19 test results before boarding, as authorities seek to reduce the risk of imported cases amid increased international travel. - Reuters

https://mainlymiles.com/2020/07/22/scoot-ramps-up-to-11-routes-in-august-2020/

https://www.scmp.com/week-asia/politics/article/3094136/malaysia-takes-swing-us-ban-rubber-glove-maker-top-glove

https://themalaysianreserve.com/2020/07/22/top-glove-hartalega-could-be-bursas-new-behemoths-say-analysts/

New Covid-19 mutation 'helping outbreaks spread faster around the world'
share.

Professor Nick Loman of the University of Birmingham, who is part of the Covid-19 Genomics Consortium, said the new strand of the virus, known as D614G, is now the most dominant mutation globally
Professor Nick Loman of the University of Birmingham, who is part of the Covid-19 Genomics Consortium, said the new strand of the virus, known as D614G, is now the most dominant mutation globally.

CREDIT: AFP. Jack Hardy

Noobie33 Wow, Geary, the origin of this news pls ? From which newsportal pls ?

Let the scientists investigate...so many fake news nowadays...!!!

https://www.globaltimes.cn/content/1189967.shtml

https://www.independent.co.uk/news/world/americas/virus-biological-us-army-weapons-fort-detrick-leak-ebola-anthrax-smallpox-ricin-a9042641.html

https://www.politico.com/magazine/story/2019/09/15/cia-fort-detrick-stephen-kinzer-228109

*SHOCKING*⤵️News.

*Japan's professor of Physiology & Medicine, Professor Dr Tasuku Honjo, created a sensation in front of the media today by saying that the corona virus is not natural.
* If it is natural, it wouldn’t have adversely affected entire world like this, as per nature. *
Temperature is different in different countries.
if it is natural, it would’ve adversely affected only those countries having same temperature as China. Instead, It is spreading in a country like Switzerland, in the same way it is spreading in the desert areas.
Whereas if it were natural, it would have spread in cold places, but died in hot places.
I have done 40 years of research on animals and viruses.
It is not natural.
It is manufactured and the virus is completely artificial.
I have come the conclusion that since USA has all the 5 strains mutating at the same time, and there are millions of infections with some around still not tested.
It is obvious, that the the huge number of death lends credibility to the CDC of America 's wrong classification of corona virus death in July to December 2019 to Flu diseases.
Also a reported leak and closure of Fort Detrick , and strange Coronavirus death spreading in Italy and Iran in November, even before the Wuhan outbreak , lend credibility to the early outbreak from America.
I can now said with confidence USA is the source of the original outbreak.

https://en.m.wikipedia.org/wiki/Tasuku_Honjo

Made in USA... Covid-19.
https://www.globaltimes.cn/content/1182694.shtml

BabyAce KYY angry you people heart not steady...haha
22/07/2020 6:54 PM

Steady lah...@100 days TP...@38.00...◉‿◉

yttihs You talk so much about pharma also no use. I no money already. You tell me sell TG, no way man.
22/07/2020 1:02 PM

Hahaha...!!!

pete11 no worries. limit up the other side for something did not exist. their hype cannot last. vaccine is very very remote from reality. massive sell off over there later and move back to glove
22/07/2020 11:42 AM

Government don't allow vaccine to be sold at too high profit margin n it's one year or few years one shot...,,◉‿◉

yttihs Nice geary! Hope you make alot of money, ok?
22/07/2020 11:41 AM

I Gong Gong bought back again...Sold too fast at...@10.50...anyway got profit from other counter like Dpharma n comfort...◉‿◉

yttihs Look at the chart:

11:23am 24.52 1465
11.29am 24.34 338
11.31am 24.40 1528

Ya...bought some at...@24.40...◉‿◉

My Bets: Watch out for another rotation plays in pushing glove makers. BUY ON DIPS for potential another 15%-20% gains.

Huat Huat AAARRRR!! Happy Trading and Stay Cool!!
22/07/2020 7:34 AM

Power...◉‿◉

Since Kyy has sold all Comfort gloves can consider switching to a new hidden gem

Did Uncle KYY article said he sold all...maybe sold some on margin or pledge securities...,,◉‿◉

calvintaneng Hi guys

Since Kyy has sold all Comfort gloves can consider switching to a new hidden gem

Hahaha...hidden gem...already known quite some time highest was around...@1.00...pribsbly beliw...@0.60...can consider to swing trade...,,◉‿◉

May Chua Oh no...here comes the false prophet..beware!
22/07/2020 12:28 AM

Good morning...slight limit up today... unknown...long time already up...not 100% gloves company...HLT...plus liquidity...demand n bidding no so constant as other top gloves counters...◉‿◉

KUALA LUMPUR (July 21): The Ministry of Human Resources today confirmed that the headquarters of Top Glove Corp Bhd in Meru, Klang was raided by enforcement officials last Monday.

However, no offences involving elements of forced labour were found, the ministry said in a statement today.

It said the raid was carried out because the glove manufacturer had breached Movement Control Order rules and provided cramped quarters for foreign workers.

"This caused Top Glove to be compounded by the Ministry of Health and was issued a compliance notice by the Ministry of Housing and Local Government," the ministry said.

The raid, it said, was carried out by task forces for the Anti-Trafficking in Persons and Anti-Smuggling of Migrants Act 2007 and the Recovery Movement Control Order.

Top Glove recently confirmed that the US Customs and Border Protection (CBP) had placed a detention order on disposable gloves manufactured by two of the company's subsidiaries, namely Top Glove Sdn Bhd and TG Medical Sdn Bhd.

The group said there was a possibility this might be related to foreign labour issues and that it was reaching out to the CBP through the glove producer's office in the US besides the company's customers and consultants, to understand the issue better and work towards a speedy resolution to the matter within an estimated two weeks.

The ministry said it is aware of how the CBP detention order can affect the credibility and image of Malaysia as well as influence foreign investor confidence following the allegations of forced labour.

Human Resources Minister Datuk M Saravanan have met with Top Glove and other rubber industry players under the Malaysian Rubber Glove Manufacturers Association to seek clarification on the matter.

In a separate statement today, Top Glove said it was recently accorded an "A" rating during a social audit by Amfori, a leading global business association for open and sustainable trade.

The rating was awarded in a social audit conducted from May 23 to 26, as a result of Top Glove receiving 12 "very good" scores and one "good" score for a total of 13 performance areas assessed during the audit.

"The recent Amfori audit and earlier third-party audits, which garnered good ratings, provide independent verification that there is no element of forced labour in our manufacturing facilities," said William Yap, general manager of human resources at Top Glove.

Top Glove said it has continuously upheld good labour practices and complied with requirements of labour laws and best practices, while ensuring adequate measures are in place to protect the safety and well-being of its workforce.

"Since January 2019, Top Glove has attended to more than 100 external social audits of its factories, conducted by established international audit firms. In addition, Top Glove has proactively engaged with various organisations with a view to improve Top Glove's social compliance and performance," the company added.

All settled...Now all gloves counters rocketing...!!!

https://www.theedgemarkets.com/article/top-gloves-fair-value-could-surpass-rm110-affin-hwang-says

If topglov...@50.00...then comfort will be...@8.00... if...@100.00...then how...comfort...16.00...???

tamp0i Wow HLG TP 0.48? Will we really see this price kah? Exciting leh
21/07/2020 8:02 PM

I Q so long at...@0.48...when can match...???

Top Glove accorded ‘A’ rating in recent social audit by Amfori | https://www.klsescreener.com/v2/news/view/705299

Big Bros n leader of gloves industry good news n upswing...all smaller gloves counters also upswing together tomorrow...those he didn't take advantage during minor corrections, need to wait another chance.

Top Glove breaches SOP under RMCO | https://www.klsescreener.com/v2/news/view/705277

Lot of sour grapes when gloves counters all shooting straight up like rockets...Especially against Topglov...n now this issue...Anyway I bought it when it was below @5.00...sold by @10.00, then bought Comfort n then Ruberex...nobody knew it keeps on shooting up...even smaller n not well established counters, like Careplus n Adventa, plus other related counters. But only gloves counters n occasionally tech counters have more liquidity flowing in n out, for quite a long run. Probably due to suspension of shortselling until year end, gloves n others profit growth counters will outperform until January 2021.

Predict_Future @geary, above 4.5 maybe ? HAHAHA end of this week 5.0 above !
21/07/2020 5:46 PM

My target was...@4.80...stsrt from 4th week of June...within 50 days...see how overall markets sentiments...◉‿◉

Predict_Future thanks team, completed my mission today, those panic sell, i love you so much !!!!!
21/07/2020 4:56 PM

Tomorrow Upswinging...!!!

tuapuikia compulsory on a face mask at public should be good news for ocncash.

Singapore is compulsory...caught without mask on... $300 fine...Japanese n Taiwanese they wear mask because of social responsibility if they got flu...But those Angmoh thought they are superheroes...protests...so let them spread covid 19 with their human right unreasonable attitudes...because they like to kiss n have closed contacts hands n faces...they call these love...That's ignorance or stupidity caused human beings to suffer this fate...!!!

Added...@3.54...!!!

Ha...Gloves counters...all Rest today...tired of running up the stairs for too long...Must take some oxygen mah...will start to run up 2morrow...!!!

dalpinia Switched all to Pharm & Dpharma!!! Bye bye glove!!!
21/07/2020 3:19 PM

Whatever pharma selling vaccine n other drugs that's...don't command higher profits margins than gloves...so the PE multiply won't be so high as gloves counters...n thier earnings growth much lower gloves products...with higher demand at present periods...｡◕‿◕｡

foongkitmun Drop more!!!!!
21/07/2020 3:12 PM

Q at...@3.80...◉‿◉

One day show maybe...Sell take Profit...◉‿◉

MingGoon Comfort...
Very soon KYY said so cheap Comfort
and Comfort another new high soon
21/07/2020 2:37 PM

Uncle KYY become swing or day trader lah...◉‿◉

opportunity sold all comfort and park all here ady
21/07/2020 11:17 AM

｡◕‿◕｡

China nuclear option...if unleash will be bearish for markets...!!!
https://www.scmp.com/economy/china-economy/article/3094014/china-bought-more-us-debt-may-despite-talk-financial-war-amid

Hwai Hooi turn to comfort liao
20/07/2020 7:36 PM

Psychological advantage or disadvantage...let see the market tomorrow...ʘ‿ʘ

Uncle KYY article,

In view of all these complications, the price charts can help investors to make good investment decision. The 3 charts below show the price movement of Comfort, Top Glove and Supermax in the last 6 months.

Comfort shot up from 90 sen to close at Rm 4.11, an increase of 457%.

Top Glove shot up from Rm 6.50 to close at Rm 24.80, an increase of 382%

Supermax shot up from Rm 2.00 to close at Rm 18.40, an increase of 920%.

Based of the above comparison, investors should sell Supermax to buy Top glove and Comfort. I prefer to buy Top Glove because it is more than double the size of Supermax in terms of manufacturing capacity and a world leader in this glove business.

Ha...Wake up already Uncle...look closely n become chartist...◉‿◉

Bursa hits fresh record volume of nearly 12.5b shares | https://www.klsescreener.com/v2/news/view/704641

Liquidity power...!!!

Trading Bought...@3.56...◉‿◉