Posted by Taipan > 2020-11-16 13:49 | Report Abuse

Based on the H1N1, it was the introduction of vaccine that boosted the demand for glove. And that was only H1N1 affecting certain countries. Now Covid 19 is affecting the whole world - 8 Billion people will have to be vaccinated - 2 doses X 8 Billion people. The glove demand will be huge, for many years to come. Will take about 3-4 years to completely vaccinate every human being.

Posted by Taipan > 2020-11-16 13:51 | Report Abuse

Just ask yourselves, has ASP dropped? Not the futures, but current ASP?

Has spot price dropped? Not futures, but current spot price?

Both these will continue to increase month after month.

All glove companies will continue to increase their PAT, quarterly by 200% / 300% / 500%

This is inevitable. This is truly Malaysia. Be proud.

Posted by amateurJR > 2020-11-16 13:54 | Report Abuse

Nowadays no look at profit growth. This market controlled by gangster. Only lapsap like Gets can limit up like no tomorrow.

Posted by gemfinder > 2020-11-16 13:59 | Report Abuse

when did doctor wearing glove when jab your buttoks? dun act like a pro

Posted by IloveRX > 2020-11-16 14:10 | Report Abuse

Can see Covid19 also means Covid20, 21, 22, 23.... also possible.
pray that it wont happen but just be prepared.
TESTing v impt

Posted by mf > 2020-11-16 14:32 | Report Abuse

J&J starts two-dose trial of its COVID-19 vaccine ... - The Starwww.thestar.com.my › news › world › 2020/11/16 › jj-...
6 hours ago — LONDON (Reuters) - Johnson & Johnson launched a new large-scale late-stage trial on Monday to test a two-dose regimen of its experimental ...

Posted by mf > 2020-11-16 14:36 | Report Abuse

J&J starts two-dose trial of its COVID-19 vaccine ... - The Starwww.thestar.com.my › news › world › 2020/11/16 › jj-...
6 hours ago — LONDON (Reuters) - Johnson & Johnson launched a new large-scale late-stage trial on Monday to test a two-dose regimen of its experimental ...

Posted by EricTanKK123 > 2020-11-16 14:45 | Report Abuse

U.S. COVID-19 cases cross 11 million as pandemic intensifies

Posted by mf > 2020-11-16 14:48 | Report Abuse

Govt has communicated with 10 Covid-19 vaccine producers, says...

Posted by mf > 2020-11-16 14:59 |

Post removed.Why?

Posted by strattegist > 2020-11-16 15:07 | Report Abuse

dark red

Posted by mf > 2020-11-16 15:09 |

Post removed.Why?

Posted by Seeyounoup > 2020-11-16 15:16 | Report Abuse

habis ady ? run ?

Posted by Axelrod > 2020-11-16 15:26 | Report Abuse

Sorry guys that Careplus is down, but dont worry, there is always a chance to make back the money. For example, Muhibah owns airports in Cambodia that will benefit from reopening. MAHB and other airports are up strong but this one yet to 'take off'. Do have a look if you are interested.

https://klse.i3investor.com/blogs/buyandholdlt/2020-11-16-story-h1536437889-AN_UNDERVALUED_AIRPORT_COMPANY.jsp

Posted by kdginvest > 2020-11-16 15:53 | Report Abuse

TODAY WILL BE THE LOWEST PRICE EVER, TOMORROW READY TO REBOUND & SKYROCKET, HISTORY REPEAT ITSELF.

Posted by Sunshine123 > 2020-11-16 15:59 | Report Abuse

Still too fearful to enter.

Posted by jonathanchee > 2020-11-16 16:00 | Report Abuse

wealtharchitect2u David Tong alrdy asked his platinium members to take profit from glove and sell in Oct!

take note on this and u will know what is going to happen.

Posted by yongyong88 > 2020-11-16 16:03 | Report Abuse

don't worry, today down only 20+ sen. Tommorrow maybe down another 50 sen. Can collect at 2.00

Posted by CUTLOST > 2020-11-16 16:06 | Report Abuse

Coming 2.61

Posted by strattegist > 2020-11-16 16:13 | Report Abuse

very soft

Posted by roshazli > 2020-11-16 16:14 | Report Abuse

Covid-19 vaccine dampens sentiment on glove counters in morning trade
KUALA LUMPUR (Nov 16): Glove stocks were headed lower in Bursa Malaysia's morning trading session today due to the news flow of Covid-19 vaccine progress, which dampened sentiment on the counters.
As at the time of writing, glove stocks were among the top losers today. At 11.53am, Hartalega Holdings Bhd, being the second top loser, was down 4.29% or 66 sen at RM14.72, bringing its market capitalisation lower to RM50.54 billion. It saw some 2.78 million shares traded.
In the fourth place was Supermax Corp Bhd, which fell 5.24% or 46 sen to RM8.32, with a market value of RM22.72 billion.
More than seven months after the World Health Organization (WHO) declared the Covid-19 outbreak in China a “public health emergency of international concern”, the global economy continues to reel from the impact of the virus.
Meanwhile, Top Glove Corp Bhd, which bought back 8.94 million or 0.72% of its shares for RM69.9 million in the open market last Friday, dropped 3.98% or 31 sen to RM7.47, valuing the stock at RM61.47 billion. The counter was the seventh biggest loser as at the time of writing.
The smaller players were also not spared from the selling pressure. Kossan Rubber Industries Bhd lost 4.2% or 28 sen to RM6.38, Careplus Group Bhd fell 6.58% or 20 sen to RM2.84, and Comfort Gloves Bhd shed 4.71% or 19 sen to RM3.84.
The Healthcare Index was dragged down by the glove stocks, declining by 1.75% or 69.68 points to 3,921.47.
Last week, Pfizer and its German partner BioNTech announced that their experimental Covid-19 vaccine was more than 90% effective with no serious safety concerns based on initial trial results.
They also estimated that they can roll out up to 50 million doses this year for 25 million people and produce 1.3 billion doses in 2021.

Posted by roshazli > 2020-11-16 16:14 | Report Abuse

Govt has communicated with 10 Covid-19 vaccine producers, says Khairy
KUALA LUMPUR (Nov 16): The government has communicated with 10 Covid-19 vaccine producers following a notification by the World Health Organization (WHO) that there are 11 Covid-19 vaccine candidates in phase 3 clinical trial (as of Nov 13).
Science, Technology and Innovation Minister Khairy Jamaluddin said communications with eight of the producers was made directly, while the other two was through the Covid-19 Vaccine Global Access Facility (COVAX).
He said some of the discussions are in the final stage and an official announcement would be made when everything has been finalised.
“The discussion covers aspects of cooperation in various stages of vaccine development such as R&D (research and development), exchange of scientists, fill and finish development (transfer of technology, logistics, cold chain), including the purchase of vaccines (finished products) as a guarantee of access to vaccine supply for the country," he said during the questions for oral answers session in the Dewan Rakyat today.
He was responding to a question from Chan Foong Hin (Pakatan Harapan-Kota Kinabalu) who wanted to know whether the ministry had made any order to import vaccines from companies from China, such as Cansino, Sinovac and Sinopharm, or the UK, such as AstraZeneca, and whether the ministry would set the order of priority for Covid-19 vaccination as being done in Indonesia.
Khairy said through participation in COVAX, Malaysia would have access to the supply of Covid-19 vaccine of 10% of the country's population and the government was working to get another 60% to meet the national immunisation target for herd immunity to up to 70 per cent of the country's population.
The government, he said, was also working to get vaccine access as early as the first or second quarter of next year depending on the approval from the National Pharmaceutical Regulatory Agency (NPRA).
He said the NPRA will ensure that a vaccine passes the stipulated strict conditions, covering its safety and effectiveness through data on the clinical trial that was conducted.
Meanwhile, on the list of immunisation priorities, Khairy said the Special Committee on Covid-19 Vaccine Supply Access (JKJAV), set up on Oct 14 , had agreed to divide it into three groups, namely the frontliners, involving staff of the Ministry of Health (MoH) and agencies not under the MoH, such as the police, the Malaysian Armed Forces, Immigration Department and others, in the first group.
The second is for high-risk groups, such as individuals with co-morbid and seniors citizens, and the third involves other adult population.
Details of the groups are being made and the announcement is expected to be made during the first quarter of next year.

Posted by Noobee88 > 2020-11-16 16:30 | Report Abuse

Could be coming 2 again....Careplus is a profitable company, share price we have no say...just hold if you can..will rebound like before...relakkkksssss...

Posted by Noobee88 > 2020-11-16 16:32 | Report Abuse

But I’m quite pissed off that Gets can limit up, limit up...aiyoh....company poor track record also can be goreng until so high.

Posted by Seeyounoup > 2020-11-16 16:36 | Report Abuse

habis . rubbish company can get up. good earning company crying. gone case

Posted by jsteong > 2020-11-16 16:39 | Report Abuse

top up some at 3.82, lets see how it goes tomorrow, this is profitable company, for long run should still be ok to hold

Posted by bullgoup123 > 2020-11-16 16:40 | Report Abuse

top up at 2.81

Posted by CUTLOST > 2020-11-16 16:43 | Report Abuse

This week bearish C+,next week more bearish

Posted by Taeyeon09 > 2020-11-16 16:43 | Report Abuse

Top up, wait for huge rebound, profitable company, low pe

Posted by Seeyounoup > 2020-11-16 16:43 | Report Abuse

lol...really speechless 成也手套，败也手套。

Posted by Noobee88 > 2020-11-16 16:43 | Report Abuse

Any idea if we will get dividends ?

Posted by Zen Cool > 2020-11-16 16:49 | Report Abuse

Back to fundamentals... Be greedy when others are fearful.

Posted by Hl123456 > 2020-11-16 17:15 | Report Abuse

history will repeat itself. Gloves will be more in demand after vaccine is found
https://klse.i3investor.com/blogs/eberthoNov2020/2020-11-16-story-h1536436998-BIG_4_Share_Price_where_are_we_now_H1N1_vs_COVID_19.jsp

Posted by strattegist > 2020-11-16 17:33 | Report Abuse

closed red

Posted by Sneakpeek > 2020-11-16 17:42 | Report Abuse

hopefully we'd can catch some AT RM2

Posted by growth_investor > 2020-11-16 17:45 | Report Abuse

Waiting this counter to drop some more so that i can collect hehehee

Posted by Letsfly > 2020-11-16 18:43 | Report Abuse

come on 1.80!!! mari mari!!

Posted by bigby7 > 2020-11-16 19:43 | Report Abuse

This time mak cik kena kaw kaw..
Looks like no more cod fish for my cucu..

This time just makan Cintan Mee will do.

Posted by mf > 2020-11-16 19:58 | Report Abuse

Top Glove closes 7.46% lower as 13,190 workers put under EMCO
Arjuna Chandran Shankar
/
theedgemarkets.com

November 16, 2020 18:41 pm +08

Posted by Noobee88 > 2020-11-16 20:00 | Report Abuse

@bigby7-where are your fund managers ? Come rescue us please !

Posted by Noobee88 > 2020-11-16 20:02 | Report Abuse

But there is good news about the Moderna vaccine.

Posted by gloveisover > 2020-11-16 20:11 | Report Abuse

"A new vaccine that protects against Covid-19 is nearly 95% effective, early data from US company Moderna has shown."
https://www.bbc.com/news/health-54902908
Final nail in the coffin for glove.

Posted by Sneakpeek > 2020-11-16 20:31 | Report Abuse

game over tomorrow RM 1.80

Posted by Noobee88 > 2020-11-16 20:32 | Report Abuse

Probably but damned good news for a better life for everyone !

Posted by SA2023 > 2020-11-16 21:02 | Report Abuse

To inject vaccine, the doctor/nurse still need to use gloves...

Posted by RealTrader > 2020-11-16 21:44 | Report Abuse

Listen ppl ... true investor should buy gloves too ..
“WHO: Vaccine not enough to stop pandemic”

Posted by Huat 888 > 2020-11-16 23:03 | Report Abuse

tmr shopping days
2.5 come

Posted by CUTLOST > 2020-11-16 23:12 | Report Abuse

Now the story abt vaccine..

Posted by Taipan > 2020-11-16 23:49 | Report Abuse

https://www.bbc.com/news/health-54902908

So this is Moderna Vaccine. Medical Staff preparing the vaccine to be injected into a test subject.

Why isn't anyone paying attention to the gloves that she is wearing? This is proof that for vaccines, glove will be required. 2 doses X 8 Billion people.

Posted by bigby7 > 2020-11-17 00:08 | Report Abuse

Tomorrow brace yourselves..