Posted by ToneeFa > 2021-07-17 21:36 | Report Abuse

@happyman ToneeFa im shocked that you are the opinion china glove maker cannot compete with malaysia there are 2 reasons 1 ,one of the china glove maker has already expended into upstream ie a butadiene plant so by 2023 this glove factory will hv at least top glove capacity if not bigger n it will be an integrated facility ( if u understand what it means)...2 percentage world ..market share of china glove makers has grown from 10 % to 20% now ..
17/07/2021 8:18 PM

Actually happyman, its Beary's opinion that China cannot compete with Msia glovemakers. My opinion is that in the next 3 years we do not need to worry about China bcos with the coming exponential global glove demand, all glovemakers will struggle to fulfill it. In fact we will be glad that China glovemakers are there to help supply the market bcos we are all about saving humanity from collapse.

Posted by klee > 2021-07-17 22:14 | Report Abuse

Gloves asp is a product of supply demand.Even as delta wreck havoc,if chinese n other new suppliers ramp up production,there is no guarantee of increase in asp.Everyone knows about delta beta etc .How many know how much new supplies are coming online?

Posted by ToneeFa > 2021-07-17 23:00 | Report Abuse

Hi observatory, I wish I could be as optimistic as you going forward. My heart breaks as I research and try to understand about Covid more. All I see is catastrophe ahead of us, which was confirmed by WHO that the worst of the pandemic is still ahead of us. I have speculated that numerous times since 3 months ago. WHO has just confirmed it this month. Are we more expert than WHO?

1.With 75% of the world population still unvaccinated, and Delta is spreading like wild fire globally, I shudder to think what damage we will witness in the coming months. The numbers are climbing and this time its not focused on just a few countries but much more wide spread both geographically and demographically. We will witness many countries unscathed by previous waves to be badly impacted. We will witness young ppl and children becoming very sick and dying. India, South America, Indonesia and South Africa have shown how devastating Delta/Lambda/Beta can be. We are still at early stage , that's why you are in disbelief. Wait another 2-3 months, then maybe we won't need to debate about this as the reality then will speak for itself.

2. " there are historical precedence that as viruses mutate, they become less deadly and
eventually co-exist with the hosts."
Good point and I totally agree bcos its scientifically proven. But when we start to vaccinate, we will destabilize the equilibrium that the virus needs to achieve for a sustainable co-existence. Without vaccines we will reach that co-existence level much faster, bcos the virus will slowly find that equilibrium. With vaccine, we shake that formation of the equilibrium and introduce a more aggressive environment to the virus, and the virus will react by mutating to become even more aggressive and stronger to overcome the threat. Vaccines will train the virus to become more muscular and deadlier to us, which is why now the Delta variant has become deadlier to the unvaccinated. The original strain would only affect the immuno-compromised people while the younger and healthier would just have mild symptoms. But now everyone needs to be vaccinated just to be on the safe side. However, the virus will continue to mutate fast bcos when you suddenly threaten it, it becomes un-stabilized and will fight to overcome the threat aggressively. Eventually, it will find its way around all the vaccines thru our weaker links, ie those who are fully vaccinated and are immunocompromised. That's why the experts advise that we should not open up so early and that those vaccinated still have to try to prevent infection, and the main reason is to prevent those who are immunocompromised to get infected. The booster jab will have the same effect later.

3. As of now, China vaccines are alrdy showing signs of waning efficacy against Delta/Beta and they are the most widely used vaccines around the world for now. So u may need to add 10% to the 75% in item 1.

4. As for now, the most effective way to stop Covid is using lockdown and social restrictions. But many countries are alrdy suffering economically. Therefore, it will come a time we have to open up and learn to live with Covid amidst the suffering and death that it will bring. That's the ultimate "new normal" that we need to live with. Even in Msia, I m not sure we have seen the worst of it, but if we can quicken the vaccination, maybe we can take a breather until the next wave that will be brought about by the next more powerful variant. Even those few countries such as Spore, UK, US and Holland are spooked as they try to open up.

5. I really hope I m wrong and that the virus will just go away by end of this year. But when WHO said "the worst is still ahead of us", I too hope they are wrong.

Posted by pjseow > 2021-07-17 23:01 | Report Abuse

Today 's flu is a product of 100 years of mutations after billions had been. infected and 50 to 100 millions died of flu infections over the past decades. Till today, ten of thousands will.still.die of flu infections every year although the death rates are so.small .If I ask you whether you are afraid of getting infected with HIV . You.would probably.say YES although today 's.HIV is.much more milder after 40 years of mutations and it is treatable with a series of Antiviral drugs. Twenty years.ago ,HIV was still a scary.virus . Most HIV.carriers would have developed into.AIDS within.10 years. Today many HIV patients can live until 60 or 70 years old with treatments but the patients may look.10 years older than their age . It is still a scary disease.
When.will covid 19 mutate to.a milder and milder viruses ? May be another.decade or longer. We have no.choice but to depend on better and better vaccines . It may take.another few decades to mutate.into milder.flu.like virus when we do not feel.a need to get.a flu.shot like today. Meanwhile, prevention and vaccinations are necessary .

Posted by ToneeFa > 2021-07-17 23:15 | Report Abuse

https://stockxpo.com/englands-lifting-of-covid-lockdowns-is-a-danger-to-the-entire-world-experts-warn/

Good quote NatsukoMishima. At least u said something useful today.

Posted by observatory > 2021-07-17 23:52 | Report Abuse

@Tonnefa,

Thanks for your detailed explanation. My thoughts on your points:

I agree with you Covid will continue to be a disaster for developing countries, or the 75% world population as you’ve mentioned. No doubt about that.

But note our discussion concerns glove ASP and profits. The top 4 Malaysian export markets – US, Germany, Japan and UK, already account for more than half of the export market. And they are the 25% population that are recovering from this Covid disaster now.

As long as the pandemic doesn’t turn acute again, as shown in the hospitalization data I provided above, there won't be another surge in glove demand like last year.

Besides, there is already a high base effect. In 2019 the global glove supply was about 300 billion. In 2021 it increased to a much higher 360 billion due to the pandemic. A further jump on top of the already high base in 2020 would require an even bigger disaster going on in advanced countries. All of this is against a backdrop of expanding supplies.


Your other point is “when we start to vaccinate, we will destabilize the equilibrium that the virus needs to achieve for a sustainable co-existence”

This is at best a conjecture. There are actually many counter evidence to this idea. Recall you and I both had about a dozen of vaccines since we’re born. But to this day, none of those deadly diseases where the vaccines protect us from, except for smallpox, have been completely eradicated. Many of those infectious diseases continue to spread in poor countries all these years. Yet none of these dozen or so diseases have evolved into more deadly versions and break down existing vaccines, despite “their natural equilibrium had supposedly been destabilized”.

Posted by observatory > 2021-07-17 23:55 | Report Abuse

@pjseow, I agree with you prevention and vaccinations are necessary for coming years. I also believe booster shots will become routine, just like the annual flu jabs which are quite common in temperate developed countries.

HIV is a successful virus precisely it could co-exist with the hosts for years. But SARS-Cov-2 lifetime is about 2 weeks. In great majority of the cases, either the hosts die (in a few percent of infected population), or the virus get eliminated. In that sense SARS-Cov-2 is less successful than HIV.

But the key point of discussion here is whether the Delta or whatever coming Variant of Concerns could cause a surge in glove demand like in 2020.

As explained in my earlier comment, the current hospitalization rates in advanced countries (major glove markets) don’t support this idea. Dr. Noor Hisham also explained that although Labuan was ravaged by Delta variants earlier, the aggressive vaccination in the last few weeks have significantly driven down the Covid cases there. This is a proof that the vaccines are working, even against the Delta variants.

Posted by observatory > 2021-07-17 23:58 | Report Abuse

I also take this opportunity to address another concern raised by different people – that vaccination does not stop a person from getting infected.

Yes, Dr. Noor Hisham also said that 3,106 healthcare workers were infected after two doses. But note this was 1.26% of the total of 245,932 workers. Furthermore they were in a high risk group as their job nature has high exposure.

More importantly, out of the 3,106 infected workers, 1,012 had no symptoms (Cat 1), and a further2,088 only had mild diseases (Cat 2). Only 3 had lung infection (Cat 3) and another 3 required oxygen (Cat 4). And so far, touch wood, none required ICU admission (Cat 5).

In other words, 6 out of the workforce of 245,932 required hospitalization, or 0.0024% pf them, despite working in a highly exposed profession!

Source:
https://malaysia.news.yahoo.com/dr-noor-hisham-moh-data-025556819.html?soc_src=community&soc_trk=wa

And the implications to glove demand? As pjseow rightly noticed, every year tens of thousands of people died of flu. In fact, in certain years the death rate was far, far higher. Yet it didn’t cause a spike in glove demand. This is because for the great majority of people they go on with their daily lives despite being down with flus for a few days. There is no extra testing on them and most don't even visit the clinics.

Similarly, given that vaccines so far have proven to greatly reduced hospitalization in major glove markets (US, Germany, Japan, UK), the data does not support a surge in glove demand.

Posted by observatory > 2021-07-18 00:03 | Report Abuse

Some points to ponder about future capacity.

Besides the capacity plans of Malaysia Big Four, I will watch out for Sri Trang from Thailand, and Intco, Blue Sail and Zhonghong Pulin from China.

In a featured article published by The Edge a few weeks ago, Sri Trang current capacity was said to be 33.3 billion pieces per annum. It currently has expansion in three separate facilities in Southern Thailand. It plans to expand to 80 billion by 2024 and 100 billion by 2026.

Into Medical only had 19 billion by 2019. It expanded to 36 billion by 2020. In Mar 2021 it reached 45 billion (of which 21 billion were nitrile gloves). Last week it reached 51 billion (of which 27 billion were nitrile gloves). It also mention more nitrile capacity will come online this month.

Source:
https://ir.p5w.net/c/300677/questionlist.shtml

In the past cycles the Malaysian Big Four would have implicit understanding to collectively slow down expansion when the market demand slowed. Now with more big foreign players joining the fray, and with Intco vowing to unseat Top Glove’s position, it remains to be seen whether these players could avoid undercutting one another and adjust their expansion plan accordingly.

This, in my view, is the single most important factor that long term investors should pay attention to.

Posted by linheng > 2021-07-18 06:30 | Report Abuse

UK already 55K cases per day. Double vaccinated Health Minister also infected. Cases also rapidly increasing in 50 US states. With winter coming in November in US and Europe, I think the pandemic is not going away so soon. Hospitals got to stock up on PPE again

Posted by 5231428 > 2021-07-18 08:29 | Report Abuse

Another wave in the making for sure no doubt about it, ppl Stay save stay home.

Posted by pjseow > 2021-07-18 08:34 | Report Abuse

Tussles between new variants with vaccines.
-----------------------------------------
https://www.theatlantic.com/health/archive/2021/07/3-principles-now-define-pandemic/619336/

Posted by myinvestor > 2021-07-18 09:58 | Report Abuse

But experts say Indonesia is now bearing the cost of not locking down early enough.
And the current numbers likely don't capture the whole picture. More than 27% of tests come back positive, according to Johns Hopkins University figures, giving Indonesia one of the highest test positivity rates in the world. The numbers suggest that many cases still aren't being caught.

https://edition.cnn.com/2021/07/17/asia/indonesia-covid-second-wave-outbreak-intl-hnk-dst/index.html

Posted by klee > 2021-07-18 10:28 | Report Abuse

someone deleted my comment cos it is not pro gloves,damn....gloves defenders so desperate n sensitive,it just shows your insecure mindset.

Posted by Bgt 9963 > 2021-07-18 11:07 |

Post removed.Why?

Posted by planta > 2021-07-18 11:18 | Report Abuse

Monday morning at least 3.60

Posted by sharemarket21 > 2021-07-18 11:49 | Report Abuse

It's okay with the flagging and removal. The room and website integrity have gone for long and hopefully the share price will go far and if not, it shows the room operator or person in charge is trying to scam or exiting some positions. Just be cautious and digest all the news and potential setbacks. Facts remained unchanged that the share price came down from 12,9,7,6,5,4 and 3 now. The same happening when it was trading at 6-7 and some hidden hands were involved for rampant and bias removal. Look at the share price now ? Many lost heavily. Make sure digest the news first especially new bies and newcomers. Existing holders can't do anything at this level for now. 5 factors impact too. Upgraded vaccines are rolling out soon once the older batch expired. South America cases dropped to almost lowest. Just remember the 20-40 cents strategy..

Posted by Slc1 > 2021-07-18 12:00 | Report Abuse

Biden said this is lab covid so it won't dissappear so easily. This should mean all the gloves profit will be sustainable for very long time,right?

Posted by ToneeFa > 2021-07-18 12:06 | Report Abuse

Hi observatory,
sorry didn't reply to you yesterday coz I was caught up with my netflix series. Anyway, when I read that you equated the vaccination of measles, chicken pox and flu experience with current Covid vaccination, I realized that you still have a lot to catch up on your understanding regards current scenario. Our current mass vaccination amidst a global pandemic is unprecedented in the history of mankind, so cannot compare with normal vaccination programs. You should watch the video on interview with Dr Geert Vanden Bossche(which I posted months back) a world renown expert virologist. He explained it well. He said vaccination on an individual basis works well but its a mistake to mass vaccinate during a global pandemic when the viral infections are very prevalent, mainly bcos the virus would have ample opportunities to infect the vaccinated but immunocompromised ppl and those in between jabs before their immunity strengthened, that will allow them the chance to mutate into stronger variants. He said vaccines rollout in a global pandemic can create monster virus or super-virus if not carefully controlled. You see, once u start with mass vaccination, you would build a gap between the vaccinated and the unvaccinated. And if you introduce booster jabs too early, then there would be an even bigger gap between the booster jabbed and the unvaccinated. Meaning , any variants that appear after the booster jabs that infects an unvaccinated person, that person will stand no chance of surviving no matter how healthy that person is. In relative terms, its like a super-virus to the unvaccinated. This is why US FDA and CDC rejected Pfizer booster jab plan for now. . Vaccine alone is never the solution, but the control of spreading of infection is more important to reduce the chance for the virus to mutate to breakthru the vaccine. But going forward, with alrdy so much lockdowns and social restrictions imposed to date, can the world continue with the controls? Technically we must, but economically we are at dire straits alrdy. That's why I said much earlier, the world will come to this crossroad and dilemma. And its happening now as we write.

Posted by pjseow > 2021-07-18 12:16 | Report Abuse

The big question in every glove investors' mind is whether the covid 19 pandemic will really drive gloves long term demand ? To answer this question , we need to ask what drive glove demands and growth rates of t 8 to 10 % in the past 20 to 30 years .
It was the emergence of HIV ,Sars , H1N1, Ebola , Nipah, Zika, Merz and bird flu viruses and outbreaks which spurred greater hygienic awareness that drive the demands and growth for gloves in developed and semi developed countries in the past 20 to 30 years .
The per capita usage of gloves in US and Europe is between 250 to 300 pcs per year today while the usage is less than 50 in developing countries .
THe question is " Will the developing countries per capita usage catch up with the developed countries like US and Europe ?

I am an optimist and my answer is a BIG YES . Why ?

If you take TV , Refrigerator , car and handphone possessions per capita as a guide , then the glove usage per capita will follow the same way .
In 20 to 30 years ago when owning a handset is a luxury or a wants , you will never imagine that almost every adult has a handset today . This includes very poor countries like Bangladesh , India, Indonesia ,Vietnam plus countries in Latin American and Africa. This is a new normal .
The covid 19 pandemic is so widespread in the world that it creates a new normal . In the last few months , I see tellers and cashiers in AIA, Astro , banks and bill payments counters like PBA, Tenaga are using gloves which is a new normal nowadays .

I strongly believe the per capita usage of gloves in the highly populated countries will grow drastically and be on par with developed countries in the next few years . The world has about 8 billion population . If the world average usage is just 100 per capita per year , then the world demand will be 800 billion pcs . Our total glove mfg capacity is about 400 billions today . Assuming the capacity grows at 15 % per year , it will double to 800 billions per year in 2026.
Based on my more than 30 years of high volume semiconductors experience , adding capacities during periods of high demand is as common as buying new car every 5 years . Do you see oversupply of semiconductors today ?
In my opinion , the fear of over capacity is unfounded as equipments can be turned off or just shut off as you wish if there is an oversupply. You do not need to waste labour , raw materials , electricity or natural gas etc unlike perishable foods like tomato, durians , soya beans , palm oils where you cant turn off the " taps ".
Based on per capita usage of gloves in various countries , the room for growth is still very big ( 12 to 15 % post pandemic ,Margma report) unlike food stuffs where the population growth is only 1.1 % .
If you dare to invest in oil palm plantation counters where risk of oversupply is even higher , there is no reason for glove investors to be worry of oversupply where the growth rate is double digits .

This is my 2 cts opinion.

Posted by observatory > 2021-07-18 12:23 | Report Abuse

@i3 forum moderator,

I’m amazed that my comments posted yesterday have been deleted by you.

I engaged in objective discussion. I quoted various data to share my view on why another demand surge in gloves is unlikely. I compiled and shared glove capacity data by various players. Despite being a long-term glove investor, I want to bring facts and balanced views into an otherwise emotionally driven discussion.

Isn’t that welcome by the forum?

I read up the community standards – no violence and threats/ self-harm/ bullying and harassment/ hate speech …. My comments violate none of these.

If you believe otherwise, please kindly explain.

If the forum rules disallow contrary views on stocks under discussion, please let me know too, either in public or PM me. I will quit and move elsewhere.

Posted by observatory > 2021-07-18 12:27 | Report Abuse

@Toneefa, @pjseow,

It has been nice exchanging ideas with you, even though we don't agree on some topics. I always respect and look forward to contrarian views as that's how I learn.

Until the forum moderator clears up what I'm supposed to say or not say in this forum, I think there is no point responding to your comments only to be deleted again.

If my views are no longer allowed in this forum, I bid farewell here. All the best to your investment. And remember investment is lifelong journey beyond gloves.

Posted by sharemarket21 > 2021-07-18 12:39 | Report Abuse

There is nothing new about all sorts of positive statements. In fact it was being shared very aggressively and fearless last year when that was the best opportunity for many investors but it went horribly wrong. It's now only being repeated or recycled at this range. Stock price is formed from many different aspects and elements and not just purely profits alone. Every pieces are crucial determining the share price direction. Strong technical is still possible but going back to half where it belongs, it's quite challenging unless there is another potential outbreak which many disagree and concur no matter what it takes. Still my personal 5 factors stand. 20-40 cents until the signs are clearer or share price low enough for re entry. Lay man term sharing.

Posted by ToneeFa > 2021-07-18 13:01 | Report Abuse

Hi observatory,
Yup, the respect is mutual however its Mr Forum prerogative as to what is suitable content. I m in no position to question that. Do still post any views when you can if you disagree with any of my post.

Posted by klee > 2021-07-18 13:11 | Report Abuse

Mr Forum is just one person with multiple ID.This is not a new trick in i3.Btw whoever you are,my condolences on your big losses in gloves.You wanna play market,just remember there is no sure win.Advise you put money in fixed deposit.Hahaha.

Posted by pjseow > 2021-07-18 13:54 | Report Abuse

Observatory, I am also surprised why your messages were.deleted. We had been.debating.on a few topics in the last.few months and appreciate your inputs on my comments. This morning I.found a few of your messages were deleted. Like what Toneefa stated, it is i3 administrator prerogative on.what is suitable and what is not . I.still.welcome your inputs on.my comments.

Posted by ToneeFa > 2021-07-18 14:23 | Report Abuse

yup pjseow, many of the developing countries were unscathed in the previous waves. And many of them now are having low vaccination rate. If you look at the Worldometer, about 50% or 120 of the nations only had accumulated infection of 100k and less and 77% or 172 nations had total accumulated infections of 500kand less from previous waves. With Delta, most of them will see a huge spike in infection and death rates. Likely during and after this many of them would be investing into higher preparation level to fight any future variant onslaught, by sufficiently stockpiling gloves and other PPE. They will worry about being caught off guard in future.
-We can just look at Msia as eg, from early May ( that was the start of Delta variant infection) to now, in a span of 3 months, our total daily cases has double from 440k to 890k. Meaning our last 3 months infection cases = the total from 12 months before that. And the death cases went from 1700 to 6800, or 4X for the similar period. And that is despite all the CMCO.FMCO and EMCOs. And yet we are lucky we have a good DG in control and not the other guy, otherwise it would be catastrophe alrdy. And yet Msia is still not out of the wood yet, we may be seeing even higher numbers before things can get under control.
- Many other developing countries are still in the building up process of Delta variant getting a foothold. Of course Indonesia has exploded. Vietnam, Thailand, Myanmar, Philippines etc still in process. Middle East is still at early stage. South Africa has exploded, but the rest of Africa is in building up process too. Many other nations haven't even started yet. Fiji has spiked up recently, where in 1 day surge = 10% of total previous waves cases.
-All these nations, unscathed in previous waves, but is ravaged or about to be, will form the new glove demand as they will realize that in a pandemic, there is nothing more important than protecting your frontliners. Bcos the collapse of frontliners can equal collapse of a nation. And collectively, the potential market would be huge.
- of course the above prediction is speculative, subject to how fast each of the nations can quickly vaccinate to protect its ppl. Of course, whether subsequent waves from newer variants will occur will depend on the global response and WHO's initiatives to minimise the future Covid impact.

Posted by klee > 2021-07-18 14:27 | Report Abuse

Middle of 2020,tens of billions are chasing up gloves.Now ff's are shorting.Wake up !

Posted by klee > 2021-07-18 14:30 | Report Abuse

You all think you have better resources to rationize better than those ff's?

Posted by ToneeFa > 2021-07-18 14:47 | Report Abuse

Klee , as I mentioned before, everyone has to have a position in investing. If you think the pandemic is over soon and glove demand will go back to prepandemic level, so u should sell all ur glove shares and walk away. But if you think the pandemic has further leg to go and glove demand will grow exponentially in coming months, then u may want to take a position in glove shares. Everyone need to decide on their investment position. Even the ff/shortists don't have all the answers. They can get it wrong too. In fact nobody has the answers to what the reality will be 6 to 12 months from no , at best its just guessing. But this is real: even WHO believes the worst is yet to come. WHO believes the world currently is in very precarious and dangerous position. Are we more expert than WHO?

Posted by ToneeFa > 2021-07-18 14:51 | Report Abuse

Klee , some of my previous postings below:

https://www.hindustantimes.com/world-news/strong-likelihood-of-more-dangerous-covid-variants-warn-who-experts-101626359931139.html
https://www.hindustantimes.com/world-news/world-now-in-early-stages-of-third-covid-19-wave-delta-variant-dominant-who-101626320258118.html
https://www.ndtv.com/world-news/strong-likelihood-of-more-dangerous-covid-19-variants-who-experts-warn-2487534

Posted by pjseow > 2021-07-18 15:41 | Report Abuse

https://www.thesundaily.my/local/surge-in-rubber-glove-demand-to-lift-2021-rubber-products-export-CJ8083747

Posted by will75 > 2021-07-18 15:42 | Report Abuse

Self declared Gemfinder?!! He is himself a shit, how to find gems? LOL!!!

Posted by ToneeFa > 2021-07-18 16:15 | Report Abuse

World in ‘very dangerous period’ as Delta variant continues to mutate, warns WHO chief
https://www.hindustantimes.com/world-news/world-in-very-dangerous-period-as-delta-variant-continues-to-mutate-warns-who-chief-101625304216229.html


COVID variants ‘winning the race against vaccines’ warns WHO chief
https://news.un.org/en/story/2021/07/1095432

Posted by will75 > 2021-07-18 16:30 | Report Abuse

Who is so free to delete a msg from SHIT? Come one!!!!

Posted by will75 > 2021-07-18 16:53 | Report Abuse

Your Bangla English still remained the same level like you? LOL!!! It is so funny u link the price dropped to your post being deleted? Come on, a small fly like u has zero significant to the market! Who do u think u are? LOL

Posted by 5231428 > 2021-07-18 19:37 | Report Abuse

Singapore highest in 11 months .

Posted by 5231428 > 2021-07-18 19:39 | Report Abuse

Malaysia highest deaths to date 153.

Posted by ToneeFa > 2021-07-18 19:55 | Report Abuse

https://edition.cnn.com/2021/07/18/uk/boris-johnson-covid-gamble-freed...

Boris Johnson is taking another huge gamble by lifting lockdowns in England. Even he admits it could lead to more deaths from Covid. Boris Johnson will place English citizens at the center of an experiment that will give some indication of how well a highly populated country with surging cases of coronavirus copes when lockdown restrictions are lifted.
As of Monday, almost all of the restrictions in England will be lifted. Mandatory mask wearing will be gone, limits on the numbers of people who can mix indoor or outdoor will end, social distancing will be limited to people who have tested positive for the virus and airports, and venues like nightclubs and sports stadiums will be free to open at full capacity.
The consequences of a surge in the virus are where things could get sticky. Modeling by Imperial College London predicts that lifting all restrictions could lead to "a significant third wave of hospitalizations and deaths." While the existing covid vaccines are very effective, they are not 100%. Some people may get ill despite being fully vaccinated.
Clarke explains that "filling hospitals with people who are ill enough to be in hospital but not ill enough to end up in intensive care" will put a huge strain on the NHS. And, he grimly adds, "that looks like what's going to happen." Any additional strain on the NHS will be unwelcome news to the millions of people who are awaiting treatment for non-Covid illness. The waiting list is currently at a record high.
Potentially more damaging, Clarke says is that "with every single infection of every single person, the likelihood of a mutation increases." While he doesn't think that means we will immediately see a variant that is completely resistant to vaccines, he believes "what we'll see is a progressive blunting of its effectiveness."
-------------------------------------------------------------------------

All eyes will be on UK. Boris allowing Covid to have parties in UK. The Health Minister Sajid Covid Javid , said likely daily cases will exceed 100k. More deaths and overburdened healthcare syste, are expected.

Posted by 5231428 > 2021-07-18 20:25 | Report Abuse

Indonesia 114 doctors dead from covid 19 even after fully vaccinated.

Posted by 5231428 > 2021-07-18 20:34 | Report Abuse

Thailand 11,397 new covid 19 cases highest daily cases.

Posted by ToneeFa > 2021-07-18 20:35 | Report Abuse

https://edition.cnn.com/2021/07/17/asia/indonesia-covid-second-wave-outbreak-intl-hnk-dst/index.html

Indonesia's crisis is now playing out in a similar way as India's second wave, with a shortage of oxygen tanks and patients traipsing from hospital to hospital trying to find help. Sudirman Said, the secretary general of Indonesian Red Cross, said patients were traveling for hours to access vital medical care.
-------------------------------------------------------------------------
Indonesia is a human catastrophe now. Many children and babies are getting sick and dying too.

Posted by klee > 2021-07-18 20:35 | Report Abuse

Toneefa,no flaws in ur thinking except have u taken into consideration the new supplies the chinese factories are churning out?

Posted by gemfinder > 2021-07-18 20:39 | Report Abuse

4212 should name 4414

Posted by gemfinder > 2021-07-18 20:40 | Report Abuse

Delete lo. The more ucdelete the more it drops. Haha

Posted by gemfinder > 2021-07-18 20:42 | Report Abuse

Where is glovefinish? Oso baned by these crabs ah?

Posted by Bullrunrun > 2021-07-18 20:44 | Report Abuse

RSS shorted 66 million shares.

Tomorrow factory open limit up

Posted by ToneeFa > 2021-07-18 20:47 | Report Abuse

Thanks klee, but I think in the next 2 years, no need to worry about the chinese factories. In fact soon we be glad the Chinese glovemakers have expanded their capacity, bcos the shortage may be so acute that all glovemakers may struggle to fulfill the demand. Afterall gloves should be all about saving lives and saving humanity from collapse. Personally, I only buy Supermax due to its OBM biz with OGM potential and Stanley's plan to expand to US & UK as well as doubling of capacity within the next 12 months to 48bil pcs.

Posted by 5231428 > 2021-07-18 20:56 | Report Abuse

Things not going the shorties way.

Posted by klee > 2021-07-18 21:18 | Report Abuse

Toneefa.A stock's price is 40% determined by macro elements 30 % by sectorial 30 % by the stock itself.This will be my last post.Good luck.