Beary, the 1918 spanish flu pandemic killed 50 millions. There was no vacciness then. With today 8 billion population , a 2 % mortality rate means 160 millions death. A big price to pay . Vaccination approach is still far better. Just need to develop new vaccines every year to combat the new mutated cunning covid 19 viruses.
-------------------------------------- Beary Perhaps Trump was right after all.
The best way of course of course is China's sledge hammer method.
But when the virus is already wide spread, the sledge hammer method is not possible.
We then should have just gone for herd immunity and let the virus be defeated naturally like the 1918 pandemic.
Vaccinations will only buy the virus more time to evolve and become stronger.
Short term gain, long term pain. 01/07/2021 10:00 AM
Thanks my friend. Not really and many commenters like you are equally good and knowledgeable here. We are here to compliment the missing parts only. The real guys are out there. Hopefully can tap in and following the flow. Its a lot easier just to say buy for long term investment and waiting for the day and don't hold any accountability when things turned ugly. However it's equally excited to spot the sentiment and some entry price by luck. No one is better than the big boys..
1) The Black Death occurred between 1347-1351 and killed approximately 75-200 million people
The Spanish Flu occurred between 1918-1920 and killed approximately 17-50 million people
- The pandemics ended quicker and with lower deaths
- Both ended naturally without vaccines
2) The COVID-19 outbreak started in Dec 2019
To date it has infected approximately 96 million with 2.06 million deaths (mortality rate ~2%)
- On 11 Jan 20, the SARS-CoV-2 genetic sequence was published
- On 13 Jan 20, just 2 days later, Moderna finalised its COVID-19 vaccine design codenamed mRNA-1273
- In Feb 20, the WHO stated it does not expect a vaccine to be available for 18 months. WHO's minimum criterion for COVID-19 vaccine efficacy rate ‘~ 50% point estimate’
- In Mar 20, the WHO declared COVID-19 a pandemic
- In Nov 20 barely 9 months after WHO's forecast for a vaccine, Phase III clinical trial results of mRNA vaccines were released - Efficacy rates - Pfizer-BioNtech 95%; Moderna 94.1% - far exceeding requirements and what was ever thought possible
- In Dec 20, both mRNA vaccines were approved. Mass vaccinations in many parts of the world began
- The mRNA vaccines (and others) took less than 1 year to develop from proof of concept to human trials to approvals – what it takes on average 10 years to achieve
- mRNA vaccines are ground breaking medical technology that has multiple uses outside of the pandemic
- As at 30 June 2021, more than 3.05 billion vaccines doses have been administered
All unparalleled feats of the human spirit and a miracle of modern medicine
Covid NOT death sentence anymore..elderly/high risk group alrdy protected by vacc while young/healthy people have low risk of hosp/death (mostly mild flu symptoms)
As UK health expert said, children/teens (low risk group) may be better off getting infected & develop natural immunity
This appointment comes as a result of the company's rapid growth over the past five (5) years. Mr. Nicolas Bergeron was one of the main actors of this growth through his interventions at several levels.
We would like to take this opportunity to announce that the manufacturing division of Supermax Medical, created in February 2021, currently has a capacity of 210 million 3-ply disposable medical masks.
Stingy Thai busy with his US luxury condo, don't bothered to support here. Cash rich from his main business, not this counter. Pump and dump, earned already, why must help? Own pocket must be well taken care first. You buy, you die, your problem. SBB be like frozen forever. Let everyone busy speculate with this US expansions first, then u-turn again.
That's the price to pay when you invested in gloves heavily. Life can turn upside down and positive perspectives changed into negative. Totally make sense and can't really help because it's hard-earned money invested. It takes a different skills completely for some investors and traders to win this highly speculative battle and gloves stocks. Just hope for the best now..
Aurelia gloves Canada has became the mask manufacturer (420m capacity) and distribution center for various healthcare products. See attached. I wondering how much contribution of revenue and profit to Supermax Malaysia.
That kind of reports not credible. Just look at the huge plant expansion completed and more capacity expansion planned by not just the local players but those in China and Thailand. Because the tech content in glove making is low, hence the low barrier of entry, easily pulling in more new players. Don't have to look far, just look at MahSing. From drawing board to actual running of its production lines and getting customer orders, it takes them less than 12 months! The major concern now is that glove supply is growing exponentially whilst demand for it is NOT! Notwithstanding the above, since Supermax has had a super fantastic 2019 run, maybe at this moment you'll find its major stakeholder takes it easy and enjoys the beachfront Florida condo, which he's well earned. So guys, relax...
CIMB - supply to increase 60% by 2023 (how to support ASP when demand only growing 10% annually @ oversupply)
CIMB - ASP will decline to prepandemic levels (Duhhhh new players will keep coming in until ASP drops to prepandemic levels @ historical price that deters new entry)
The research house expects ASPs per 1,000 pieces to reach US$77 (about RM319.92), US$39 and US$29 respectively in 2021, 2022 and 2023, adding that it is “of the view that ASPs will decline to pre-Covid 19 levels” (US$21 to US$24 per 1,000 pieces) given the higher production costs and higher consumption patterns.
From CIMB report. It will decline to pre covid level. CIMB and topglove executive director say same thing!!!
Citadel9999 imagine supermx drop to rm 2.8 imagine I become bill gates
As you mentioned, this forum is opened for public. You have the right to claim to be Bill Gates. I can't say you can't be Bill Gates. You can promote yourself to be Bill Gates daily and I don't feel 烦.
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....
pjseow
2,264 posts
Posted by pjseow > 2021-07-01 10:31 | Report Abuse
Beary, the 1918 spanish flu pandemic killed 50 millions. There was no vacciness then. With today 8 billion population , a 2 % mortality rate means 160 millions death. A big price to pay . Vaccination approach is still far better. Just need to develop new vaccines every year to combat the new mutated cunning covid 19 viruses.
--------------------------------------
Beary Perhaps Trump was right after all.
The best way of course of course is China's sledge hammer method.
But when the virus is already wide spread, the sledge hammer method is not possible.
We then should have just gone for herd immunity and let the virus be defeated naturally like the 1918 pandemic.
Vaccinations will only buy the virus more time to evolve and become stronger.
Short term gain, long term pain.
01/07/2021 10:00 AM