Among big four, kossan down steepest during last week trading.

White House chief of staff Mark Meadows told the head of the FDA to submit his resignation if the agency doesn't clear Pfizer's vaccine for emergency use by day's end, according to reports.
The warning led FDA Commissioner Stephen Hahn and the agency to accelerate its timetable for clearing America's first Covid-19 vaccine from Saturday morning to later Friday, according to The Washington Post.
The New York Times, Axios and Reuters also reported that Meadows told Hahn to resign if he didn't move quickly to clear the vaccine.

White House chief of staff Mark Meadows told the head of the FDA to submit his resignation if the agency doesn't clear Pfizer's vaccine for emergency use by day's end, according to reports.
The warning led FDA Commissioner Stephen Hahn and the agency to accelerate its timetable for clearing America's first Covid-19 vaccine from Saturday morning to later Friday, according to The Washington Post.
The New York Times, Axios and Reuters also reported that Meadows told Hahn to resign if he didn't move quickly to clear the vaccine.

2moro hit Rm8!!!!

Bumper dividend + all time high net profit.

Severe shortage of glove.

Hit rm8 tomorrow? Rm2bil profit.

https://finance.yahoo.com/quote/300677.SZ/
Check china intco, strong rebound

Construction related alr crossing 200days MA.
Tis ytl still at pre vaccine price 0.6 level.

Pfizer unable to meet demand.
Tg start engine today?

Go check china shangdong intco, current price is 129, before pfizer n moderna vaccine news, trading at 140, mean only down 7++ percent aft vaccine news.

Before vaccine news, tg trading at 8.5, now tg at 6.78, down around 21 percent.

Last time ytl trading at rm1+ when hsr was awarded. Tis time if hsr confirmed, ytl can go up to what price?

Wednesday result out... Buy before too late.

Wow... Tropicana also sapu tg at average rm6.97.

KL-Singapore HSR: Malaysia intends to continue with project given the ‘positive multiplier effect’ on economy, says finance minister

https://www.channelnewsasia.com/news/singapore/kl-singapore-hsr-malaysia-intends-to-continue-budget-speech-13479720

KL-Singapore HSR: Malaysia intends to continue with project given the ‘positive multiplier effect’ on economy, says finance minister

https://www.channelnewsasia.com/news/singapore/kl-singapore-hsr-malaysia-intends-to-continue-budget-speech-13479720

Ewi running ahead of parent.
Parent catching up.

Carlsberg usually bigger market cap than heim.
Last time carlsberg highest around 40 while Heim around 31. Will catch up very soon.

Carlsberg usually bigger market cap than heim.
Last time carlsberg highest around 40 while Heim around 31. Will catch up very soon.

Construction index alr over 1 year high.
Ytl will catching up soon.

Usa custom issue almost settled.
Good news to tg.

Epf net buy for many days alr despite good vaccine data.

Those negative on glove finish selling alr?

China glove big green...
Intco and blue sail.
+7 percent

Vaccine efficacy so high.... Mean total covid case will drop alr soon.

Should cut lost?

Wtf.. So many bad news.
Factory close + highly effective vaccine.

KUALA LUMPUR (Nov 16): Selling of Top Glove Corp Bhd shares accelerated in the afternoon session today following news that the government will put some of its worker dormitories in Klang under the enhanced movement control order (EMCO), effective tomorrow until Nov 30.

The implementation of EMCO raises concerns on the world’s biggest glove maker’s production in its plants considering 13,190 workers against its total workforce of 21,000 are not allowed to work in the factories.

Factory cant operate.

Sell or hold?

Check careplus news...covid case and operation suspend for 2 days + vaccine Pfizer news.
But down less than 10 percent.

https://www.theedgemarkets.com/article/careplus-says-employees-tested-positive-covid19

Screening more than 6k staff according to MOH SOP. ... Result all out... Less than 2 percent got positive covid case and already quarantine earlier since last week.
Still got people want spread old news which alr digested by market.

Most likely... Whole financial market gt conned by trump.

Cuomo said in an MSNBC interview that most Americans are worried about Trump interfering in the vaccine-approval process, so his state has set up a separate review panel. "A number of states, New York included, to try to build credibility, so the people will actually accept the vaccine, put together their own scientific review panels," Cuomo told MSNBC.

https://www.marketwatch.com/story/cuomo-hits-back-at-trump-on-vaccine-distribution-2020-11-13

Coronavirus cases in UK hit record high with 33,470 new infections - worrying 24 hour jump

Ackman is “bearish” on the vaccine news, as he said it could lead to people taking the virus less seriously.

A difficult few months are ahead before the recovery takes off, in the investor's view.

Tg vaccine news= boss buy back
Pfizer vaccine news= ceo sell

Judge urself.

Usa case now near 150k...easily crossing 200k im next few days.

And vaccine not even conclusive yet efficacy and safety.

Vaccine injection likely need to be done every 6 month according to Anthony. So decide yourself how much glove will be needed?

69.9m nt 6.99

Opening terus cut?

Market update: The day has arrive where vaccine is getting nearer to mass production phase (albeit it may take another 3-6 months). Hence, we believe the near term narrative will dampen the trend for healthcare stocks and may translate to profit taking activities on gloves and PPE counters that have been rallying since 1Q of this year. Earnings wise for the glove counters may still grow as most of the glove prices are locked in, but market players may pegged the healthcare stocks at either (i) lower PE multiple or (ii) normalised earnings beyond 2021.

Meanwhile, we expect pharmaceutical and vaccine related stocks to over take the limelight at least for the near term.

On the economic activities recovery play given the vaccine is coming sooner-than-expected, traders may position themselves within aviation, tourism and gaming industries, we expect these sectors to provide the "low risk, high reward" entry at this moment. Downside risk should be limited as the worst could be over once vaccine is out.

Also, the sluggish crude oil price which has been dampen by the Covid-19 has revived, surging above USD43 and trading around USD42 at this moment of writing. This could help the broad O&G sector over the mid-to-long term.

Stocks to watch:
(i) Gloves: to expect extended consolidation phase
(ii) Vaccine/ pharmaceutical: DPHARMA, PHARMA, SOLUTN, BINTAI, HWGB
(iii) Aviation: AIRASIA (TUNEPRO - highly correlated with AIRASIA's move)
(iv) Gaming: GENTING, GENM (OWG - highly correlated with GENM's move)
(v) Transport related: PTRANS (Domestic travel beneficiary)
(vi) O&G: HIBISCS, REACH and broad based buying interest to be noticed

Source: M+ Online

Gap down around rm6.75.

Post removed.Why?

France case breaking high.

Almost 87,000 cases include some from earlier in the week

87% of France’s ICU capacity is taken by Covid-19 patients

Virus resurgence

The U.S. on Saturday reported a record increase in coronavirus cases for a fourth consecutive day with at least 131,420 new infections, bringing the country's total caseload to about 9.91 million, according to a Reuters tally. The number of deaths nationwide was more than 1,000 for a fifth consecutive day on Saturday, according to Reuters.

Usa and Europe case growing drastically.

Check below,

https://www.worldometers.info/coronavirus/?utm_campaign=homeAdUOA?Si

Wow... Biden ecpected to increase spending for healthcare to fight covid.
Good news to glove maker.

The U.S. probably has more than half a million new coronavirus infections per day, significantly more than the actual number of diagnosed cases, Dr. Scott Gottlieb told CNBC.
“Remember 120,000 cases aren’t 120,000 cases. We’re probably, at best, diagnosing 1 in 5 cases right now,” the former FDA chief said.
“We’re building up a lot of trouble for the future, and I think that this is going to explode in several weeks,” he added.

Usa total case 132.5k.
When usa case at 60k...tg around rm8+
Nw case alr double.

WINNERS

Glove makers

Malaysia’s biggest rubber glove producers — Top Glove Corp, Hartalega Holdings Bhd, Supermax Corp and Kossan Rubber Industries — were spared a windfall tax on their supernormal profits. Instead, they will contribute a combined 400 million ringgit to bear some of the costs of a coronavirus vaccine and health equipment.

Some cities and states have announced new measures such as curfews or reduced gathering sizes to combat the spread of the virus, but the United States has taken no action at the federal level. Seventeen out of 50 states do not require masks.

God bless usa.

Is good...but cant sustain.
Sale weakening during tis rmco as well.
So player alr sell ahead.