This virus may never go away," WHO says GENEVA (May 14): The coronavirus that causes COVID-19 could become endemic like HIV, the World Health Organization said on Wednesday, warning against any attempt to predict how long it would keep circulating and calling for a "massive effort" to counter it. "It is important to put this on the table: this virus may become just another endemic virus in our communities, and this virus may never go away," WHO emergencies expert Mike Ryan told an online briefing. "I think it is important we are realistic and I don't think anyone can predict when this disease will disappear," he added. "I think there are no promises in this and there are no dates. This disease may settle into a long problem, or it may not be." However, he said the world had some control over how it coped with the disease, although this would take a "massive effort" even if a vaccine was found -- a prospect he described as a "massive moonshot". More than 100 potential vaccines are being developed, including several in clinical trials, but experts have underscored the difficulties of finding vaccines that are effective against coronaviruses. Ryan noted that vaccines exist for other illnesses, such as measles, that have not been eliminated. WHO Director General Tedros Adhanom Ghebreyesus added: "The trajectory is in our hands, and it's everybody's business, and we should all contribute to stop this pandemic." Ryan said "very significant control" of the virus was required in order to lower the assessment of risk, which he said remained high at the "national, regional and global levels". Governments around the world are struggling with the question of how to reopen their economies while still containing the virus, which has infected almost 4.3 million people, according to a Reuters tally, and led to over 291,000 deaths. The European Union pushed on Wednesday for a gradual reopening of borders within the bloc that have been shut by the pandemic, saying it was not too late to salvage some of the summer tourist season while still keeping people safe. But public health experts say extreme caution is needed to avoid new outbreaks. Ryan said opening land borders was less risky than easing air travel, which was a "different challenge". "We need to get into the mindset that it is going to take some time to come out of this pandemic," WHO epidemiologist Maria van Kerkhove told the briefing.
RHB: Better value offerings in small-cap space now compared to large-cap KUALA LUMPUR (May 14): Despite the elevated risk environment resulting from Covid-19, RHB Investment Bank Bhd has begun to see value in the small-cap market from a longer-term perspective. In the virtual launch of RHB Small Cap Jewel 2020 Edition, RHB’s head of regional equity research Alexander Chia said given large-cap companies having staged solid rebounds off their March lows, small- and mid-cap stocks offer better value at this stage of the market. "The increasing trading nature of the market also means strong gravitational pull towards the high beta small and mid-cap stocks,” he said. Chia added that the launch of RHB Top 20 Malaysia Small Cap Companies Jewels 2020 is well-timed as there is strong demand for alpha rich small-mid caps stocks that are resilient and can survive the ongoing turmoil. For this year, the biggest representation, nine companies or 45% of RHB’s 20 top picks, come from the technology, and industrial products and services sectors. The median price-earnings valuation for RHB’s small-cap picks is 12.6 times, while the median return of equity for the companies stood at 11.7%. Among the top picks, 13 companies, or 65% of the 20, have market caps of less than RM500 million. Mi Technovation Bhd, at RM1.7 billion, has the largest capitalisation, while Advancecon Holdings Bhd, at RM122 million, has the smallest. The screening process took into consideration the companies’ spread and size, managements’ credibility, industry fundamentals, earnings growth potential, industry track record and its level of corporate governance. In the opening address, RHB Investment Bank chief executive officer Robert Huray expressed hope that small mid cap companies that are able to manoeuvre faster to capitalise on emerging opportunities may stand better chance to outperform their large-cap peers. In contrast to large caps, the small mid cap space had offered investors a remarkable 27% gain vs -4.4% for FBMKLCI in 2019, although still off from its peak by a much wider margin, down 23% year-to-date. With the fate of many bigger companies tied to waning external demand, low commodity prices and dwindling capacity to spend locally, chances of finding winners in the new norm post-Covid-19 will be higher for smaller and nimbler companies that can better capitalize on emerging opportunities,” Huray said.
wow 2 esos @ 0.015 in 1 month... whats Sifus' opinion on this ? is queuing 5000 lot for 0.015 now..dont know want to revise down my buy price or not Help sifu
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
FoolsGold
654 posts
Posted by FoolsGold > 2020-05-13 23:11 |
Post removed.Why?