I really wish vaccine is ready but looks like it becomes a race on who developed it first, eventually jeopardising people’s life. Reminiscing the race to moon, between US & Russia, but that’s okay because involved fewer life’s. Mass vaccination and anything goes wrong, will be “I’m Legend” movie story. Sighhh
Top Glove1QFY2021 QR scheduled to be out on 9th December 2020. With each strong QR from every glove company, the market will realise that despite all the vaccine hype, gloves companies are making a ton of cash.
QRs after vaccine has been discovered will also show strong profits due to gloves being required to administer the vaccine
If you want a low risk investment with a huge probability to profit, gloves and PPE counters are the way to go
Bank Simpanan Nasional Bhd (BSN) has confirmed that another employee working at BSN Main Branch in Kota Kinabalu, Sabah has tested positive for Covid-19, bringing the total positive cases at the branch to two.As a proactive measure, BSN has carried out a thorough disinfection and comprehensive sanitisation process in accordance with the health and safety guidelines throughout the branch area, the bank said in a statement today.Operations at this branch will be temporarily halted starting from Oct 19 until Oct 25, 2020. All employees working at this branch are currently undergoing Covid-19 swab test and contact tracing is also taking place to identify those who have had direct contact with the employees who tested positive for Covid-19.
Those who have been identified will undergo a 14-day self-quarantine to monitor their health condition and will be referred to a specialist if there are persistent symptoms. BSN is working closely with the authorities for any further action.The bank said it has prepared a business continuity plan required to ensure a smooth functioning of its operations.Preventive and sanitary measures have also been implemented in all of its operations to reduce any health risks caused by the spread of this virus.
Vaccine will just add to current demand. Just let the vaccine sentiment flat out before glove shooting up again. Current price is a fair price to collect. The glove companies won’t be in the red for some foreseeable future. Only profit.
My opinion is got vaccine or no vaccine, gloves are still needed & demand will still be there. Wearing gloves in the medical field has coming a habit now and so are many others fields too. Besides, the next couple of years Careplus will still record good profits. No worry.... invest in profitable companies.
Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said the matter was decided, after risk assessments were conducted by the Health Ministry (MoH) in the two areas. As of Nov 27, MoH confirmed there are still 109 active cases in Kampung Numbak, while the Telipok Settlement has 136 active cases.
Flyborn, I kindly & gently ask you to leave this chat group since you hv no faith in glove counters anymore. Wish u all the best in yr other investment. Have a nice day & Tq.
Hold gloves till next year, will be rewarded. I'm holding it since it was RM5.2, and now being averaged at 3.20, everymonth putting in capital to average it.. the fundamental of the Company is there, currently I would say it is still abit overpriced at 2.7, fair value should be lower, but, in 1 - 2 years time, the company will worth of RM4 again with their cash flow earned in this pandemic situation and their consistent demand of products being distributed.
Personally, I dont feel an issue if you are investor, but if you are gambler, just stay out and go to those penny stocks they are promoting nowadays with god knows what happened news.
By end of year 2020, annual installed capacity will increased to c. 5.6b pieces per annum and doubled the 2019 capacity by Q2'21. The real earning multiplier (Volume x Price) will start this quarter onward.
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SKYROCKET TODAY, GOING TO LIMIT UP TOMORROW, BUY TODAY OR YOU WILL BUY AT HIGHER PRICE TOMORROW.