Covid19 vaccine the demand will reduced in subsequent in year 2022,2023 as world is fully vaccinated. Why need covid 19 vaccine anymore? Of course the price will drop when there is no demand.
Kossan with good quarter result also can't shoot up high now, conversely dropping too. Thus when supermx quarter result out later also can't go up high even would further drop if quarter result not good as expected. Let see.
ASP normalisation to slow down if Covid-19 situation worsens A glove analyst with a bank-backed research house reckons that there could be further upside for glove stocks as demand is expected to increase in tandem with rising Covid-19 cases due to the Delta variant. This, in turn, will reduce the pace of declining average selling prices (ASPs) of gloves. Margma has projected that global demand for gloves will hit 500 billion pieces this year, compared with an estimated supply of 420 billion pieces, or a shortfall of 80 billion pieces. Malaysia accounts for about 68% of the global glove supply. An equilibrium between supply and demand is only expected to be achieved after two years. Independent business consulting firm Vital Factor is far more bullish on global demand, given its projection of 682 billion pieces this year against 466 billion pieces in global output.
The fall and winter is around the corner, when weather will cool down and Delta Covid will rear its ugly head higher. once again. Most Western countries will need to heavily stock pile in advance to be prepared for the coming onslaught of Delta. Current lead time of gloves delivery is ard 2 months. So order now would deliver just in time to face winter surge. In fact the lead time might get stretched further if Thailand and China cannot control Delta and need to implement total shutdown for a couple of months. Now Msia glovemakers are over that stage alrdy. ASP should maintain or even increase further if glove shortage become acute again.
Provinces across China have imposed tougher restrictions in an effort to contain the country’s worst coronavirus outbreak in months, with health officials attributing the surge in COVID-19 infections to the highly contagious Delta variant. The contagiousness of the Delta variant, combined with the peak tourist season and high passenger circulation at the airport, has led to the rapid spread of this outbreak, NHC official He Qinghua told reporters at the briefing. “Delta is a warning: it’s a warning that the virus is evolving but it is also a call to action that we need to move now before more dangerous variants emerge,” the WHO’s emergencies director Michael Ryan told a news conference.
China faces worst COVID-19 outbreak since Wuhan; surge of Delta variant in 15 cities The Delta variant of the Covid-19 virus is causing a sudden surge in cases in China, with 15 cities, including the capital Beijing, reporting clusters of positive cases, according to official media on Friday.
This is the most widespread domestic contagion since the virus outbreak in Wuhan in December 2019.
hng33 What to expect from supermax upcoming result are 1. Profit RM 1 billion or EPS 40sen 2. Special share dividend 1 for 27 or about 13sen 3. Final cash dividend 13sen 02/08/2021 1:42 PM
Supermax management Pro. Use to distribute all treasury share, 1 for 27 = 3.78% treasury share..
The final cash dividend is based on 20% dividend policy
Q4 profit RM 1 billion is based on unchanged ASP contractual orderbook + absence of 75n one off donation + absence on closing down 1 month in meru plant, - offset partially by 1 month june 60% workforce and higher feed cost like gas traffic, butadiene, rubber latex etc
Outbreak in china case have prompt lockdown in City, testing is carry out for entire city population. Therefore, the testing glove and absorb production volume from China manufacture
yes, their analysis can trust... but still need to look at technical... timing wise, abit off lar... but otherwise the fundamental analysis is good.... btw, do anybody know maxter in klang already start operation?
KUALA LUMPUR (Aug 2): Hartalega Holdings Bhd executive chairman Kuan Kam Hon said prospects for the rubber glove manufacturer remain strong in the short term as glove demand is projected to remain high as the Covid-19 pandemic generates demand for gloves, which are seen as a crucial form of personal protective equipment to curb the spread of the pandemic.
Kuan said in a statement in Hartalega’s latest annual report that while demand for gloves is projected to remain high for the short term, such demand is expected to reach an equilibrium and average selling prices for gloves are subsequently expected to stabilise.
Yah, they work with Singapore Gomen too to acquire cashflow positive healthcare... now time to come here... they completely missed malaysia... u know why? go read their report last year June 2020... they listed some of the countries related to ppe and healthcare and among the country they mentioned was SG but not malaysia... they completely missed here... they will make sure they are not going to miss this round again....
Stealth BlackRock is also part of a mega acquisition of a healthcare distributor in the US recently
Our 13 production complexes in Malaysia are working full time to maintain production and ensure regular and prompt shipments so we can remain a strong link in the national essential infrastructure supply chain which is depended upon now, more than ever, to battle this public health crisis in our country. We are also accelerating construction and completion of our 14th and 15th production complexes. With all 15 complexes online, we will be able to produce and supply more than 48 billion pieces of medical gloves per year.
13 plant had already started full production. The capacity might already increased to more 26b. Probably 32 b. This will add additional revenue and profit to the company.
ya lor. no need to ban la. why keep ban people? I know you all buy very high price. even at RM7,8. So? you all got see gloves can earn how many years of money or not? THAT'S ALL. understand it. then you'll happily hold your supermax. won't keep ban people.
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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....
Citadel9999
2,878 posts
Posted by Citadel9999 > 2021-08-02 11:19 | Report Abuse
u know what company is Pfizer??