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2020-08-31 13:20 | Report Abuse
Last Friday when fund flow out from banking sector which caused a 30 points drop in index due to rumour of interest rate cut, new fund being flow into healthcare sector and it could be real that the rally on glove stock will be rekindle again
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2020-08-31 12:10 | Report Abuse
When more and more people aware that the vaccine will not affect much on the demand of glove but instead increase its demand then people will invest back on glove counters. Indeed people already immune to vaccine news as compare to the big impact of first announcement from Russia vaccine news. Time will tell if glove stock will rally again especially during the quarterly result announcement which can deliver excellent result from higher ASP. For Careplus I think bonus announcement could be in the pipeline as same time to transfer its listing status to Mainboard which could attract more investor in the future.
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2020-08-31 11:32 | Report Abuse
顶级手套执行主席林伟才形容当前疫情对手套业来说是“百年一遇”，自今年2月以来，公司接获的全球订单已翻一倍，预计今明年该公司的销售可能强劲增长40%至50%，而过去每年增长20%，为此该公司将在明年投入8亿至10亿令吉在大马、泰国及越南建厂和提升产能。
他指出，疫情令手套订单大量涌现，该集团纵使增产仍满足不了庞大需求，尤其是日本、欧洲、美国和加拿大等市场需求特别殷切。
目前该公司占有全球26%的市场，他希望该公司最终能占有全球30%的市场。目前该公司销售手套至全球195个国家。
林伟才与太太在1991年创办顶级手套，他说，在过去30年，几乎每5至6年都会爆发传染病，例如非典SARS、H1N1禽流感和伊波拉病毒，但尤以冠病疫情最严重。
疫苗面世无碍手套供需
他认为，疫苗面世不会影响手套供需，因手套主要发挥预防和保护作用，疫苗面世并不意味着人不会感染，相信医疗、餐饮业、零售等领域对手套的需求依旧。
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2020-08-31 11:29 | Report Abuse
Even Public bank do not give dividen now so it is wrong timing to invest in bank , better invest in glove counter which is growing due to great demand
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2020-08-31 09:07 | Report Abuse
https://klse.i3investor.com/blogs/koonyewyinblog/2020-08-29-story-h1512602303-Comfort_is_in_trend_reversal_good_buying_opportunity_Koon_Yew_Yin.jsp
Let see if trend of CarePlus follow trend of Comfort
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2020-08-30 19:09 | Report Abuse
KLCI and Careplus price is move within lower channel and if Dow keep breaking new high , both KLCI index and Careplus will have a rebound next week
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2020-08-30 14:08 | Report Abuse
Yes, glove demand will remain in the uptrend because heighten hygiene would be in place even if the pandemic is brought under control eventually (though that may only be in 2022 onwards, hopefully) like the 9/11 incident that has heighten the security across the world. Covid is here to stay just like the terrorist. No one wants to be left out of the economic recovery and put on high alert due to another virus outbreak.
Any Tom, Dick and Harry can jump into the glove business (and that may take around 2 years to materialize) but whether they'll survive is another question just like the Bubble Tea business. Only the strong ones will thrive due to economic of scale, secured distribution channel (or own distribution channel), own brand name, cost-labor-material-logistic advantage, proprietary technology, etc. By the way, China is no longer cheap and they will face aging population problem.
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2020-08-30 12:58 | Report Abuse
Vaccine or no vaccine, rubber gloves demand will still be on an uptrend......they will be still be very much needed.
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2020-08-30 12:15 | Report Abuse
Careplus will benefit most from Brazil situation..
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2020-08-30 12:14 | Report Abuse
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
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2020-08-30 12:08 | Report Abuse
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
Stock
2020-08-30 12:07 | Report Abuse
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
Stock
2020-08-30 12:07 | Report Abuse
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
Stock
2020-08-30 12:07 | Report Abuse
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
Stock
2020-08-30 12:05 | Report Abuse
Next wave of covid pandemic seem to be happen now worldwide as it is not under control yet, our country MCO is extended till Dec 2020 is a clear proof that situation can go worse if no proper control is implemented. Glove demand will continue to rise with the worsening situation
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2020-08-30 11:33 | Report Abuse
Foreign fund will flush into Supermax and Konssan on Tuesday becos both are admitted to MSIC index, this will lead to next wave of glove stock rally
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2020-08-29 22:30 | Report Abuse
KYY announced that he add in Comfort into his porfolia and if comfort price ramp up next Tuesday Careplus will follow like snake chasing Iguana
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2020-08-26 12:13 | Report Abuse
When situation getting worse glove demand will be more and more and it is the best industry to gain huge profit and enjoy a tremendous growth
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2020-08-24 21:28 | Report Abuse
Today obviously wash out phase to shake out weak holder , tomorrow come the power to push up like rocket
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2020-08-24 08:36 | Report Abuse
Careplus might perform morning gap up and afternoon limit up..
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2020-08-23 21:42 | Report Abuse
It is perfect to switch to Careplus in view of the expansion phase and similar busines model as Supermax
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2020-08-23 16:19 | Report Abuse
Good chances our KLCI index will break up 1600 resistance point for window dressing on celebration of Merdeka Day . If market reacted positively on a run up of Supermax and Kossan for inclusion into MSIC index . It is critical important to monitor and observe if foreign fund flow into this 2 newly inclusion counters which will lead a run up in glove counters.
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2020-08-23 13:56 | Report Abuse
Seem that a lot of Vaccine supporter doing hard sell in this forum . Anyhow still invest firmly and confidence in glove stk which is growing whether got vaccine or without vaccine . Will see Carplus in level 5 by next week..
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2020-08-23 12:12 | Report Abuse
It is absolutely correct that if judged from previous events when a good news being announced there will be a pump and dump action. Beside that why want to hide the buyer for 80 sen , 70 sen off market deal ? The only reason is that the deal actually go to his own buddy or syndicate and being distributed to public whenever a good news is announced. Only can say that it is a good vehicle for short term trading and personal gain but in long term the company get ruined image and bad public reputation
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2020-08-23 09:57 | Report Abuse
In the "new normal" the high demand for Gloves will always be there - as part of the prevention measures for frontline and other health workers. New variants of the virus appear all over the world as announced in the media. Vaccines - even if they are developed within the next two or three years are rendered ineffective and hence cannot cope with these new mutations.
Stock: [CAREPLS]: CAREPLUS GROUP BERHAD
2020-08-31 18:34 | Report Abuse
The barrier of entry into Glove Industry is much higher than making masks :
1. Higher costs to manufacture glove
2. High quality requirements by hospitals.
3. Tough certification process
4. Longer time required to set up glove lines
5. Branding is important.
6. Raw materials supply are very limited and not easily available for new entries