so people would have to take 2 kinds of jabs, 1 for delta and 1 for omicron? some more rich nations will start hoarding vaccines/pills again leaving poor nations vulnerable as usual (and cause more variants due to lack of protection)! humanity is in deep shit.
Re-rating soon due to Omicron. TPs will have to be revised upward immediately due to change in one of the significant assumptions. Main negative at present is the US CBIP ban.
The Australian Red Cross has sent a large delivery amount of PPE to Papua New Guinea to be distributed to remote hard-to-reach communities as the nation continues to battle coronavirus.
The critical delivery includes:
636,000 surgical masks 65,000 examination gloves 360 infrared thermometers 24,000 bottles of hand-sanitizer PNG has officially confirmed almost 35,000 coronavirus cases and 542 deaths but it is believed many more cases and deaths are going unreported in the nation of nine million where vaccination hesitancy is reported to be high. ------------------------------------------------------------
Country with 9 million population only but examination gloves needed is already at least 65k. Gloves demand is still huge.
we have witnessed millions of CHina foreign workers have been brought into Malaysia for glove production since the cost of labor is much lower than Banglas, Cambodia and Indonesians.
I heard they are willing to work for RM500 per month.
The first South African doctor to alert authorities about patients with the omicron variant has told The Telegraph that the symptoms of the new variant are unusual but mild.
The first South African doctor to alert authorities about patients with the omicron variant has told The Telegraph that the symptoms of the new variant are unusual but mild.
RHBIB7 we have witnessed millions of CHina foreign workers have been brought into Malaysia for glove production since the cost of labor is much lower than Banglas, Cambodia and Indonesians.
Please look.at latest projections of per.capita by IMF for 2021. China is US 11,800 vs Malaysia 11,600. China already beat.Malaysia by a small margin. Dont think that Chinese workers Salaries or incomes are lower than Malaysians. I expect Chinese will appreciate wrt US Dollar in the coming years. China is no.more cheap.
Chameleons is a master of camouflage but is harmless. Crocodile is also a master of camouflage, but is aggressive and deadliest. Good luck guys. ---------------------------------------------------------------- monetary whatever in your mind just do the opposite. that's how u beat the croc. the croc know u too well. 28/11/2021 5:45 PM
It is a joke. OK, I understand. --------------------------------------------------- RHBIB7 China has already been rated as an underdeveloped country after US-sanctions.
their GDP per capita is lower than Bangladesh.
So it is wise to produce cheap gloves in China. 28/11/2021 5:33 PM
RSS now cold sweat Omicron 5 x more infectious than Delta With more than 32 mutation don’t how scientists going to crack their head by months or years?
I was told before that the Balance Sheet of certain companies such as those engaged in lotteries/gambling do have few land & buildings, creditors or debtors/receivables. Expectedly, theses companies do have plenty of balances in the bank accounts.
As for 7106, whereby the B/S reported as at 30/SEPT/2021, the cash balances in its bank accounts were accounted with RM3.5Bil are enough to pay the Tax that are payable to LHDN (RM1.07BiL) at one single sum.
Even After fully settled the Tax, it can also fully settle all the remaining Current Liabilities and the Non-Current Liabilities (RM163MiL), there will still balances in its bank accounts. To be honest, we hardly can find such a company in KLSE.
Needless to say, the EPS is 135 Sen, P/E is merely 1.37 and the NTA posted at RM1.91 at the moment.
The other more important point is the Reserve/Retained Profit (RM4.8Bil), in this case, is reflected by the bank balances which is unlike to many others companies. You can find that the Reserve of many other companies are not reflected in the bank balances but from others like land/buildings, machines, losses accumulated, inventories and receivables.
Be realistic. Which RSS players will still maintain an Open position even with a lower TP (say 25% maximum downside) but stand to lose significantly with potential > 100% upside ? Moreover, with the likelihood of protracted & deteriorating Covid-19 pandemic with the emergence of Omicron variant.
An average restaurant worker in Shenzhen city currently has a monthly take home pay of RM4000 per month , How is possible China can be an underdeveloped country because of sanction by US? Does bangladesh workers get more than Rm500 per month average in their home country now?
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....
Pgraduate123
825 posts
Posted by Pgraduate123 > 2021-11-28 15:19 | Report Abuse
Boomberg... Those monkeys are hiding in the jungle.. TiPah tertipu lagi... Omicron will reward them