Posted by pjseow > 2021-12-18 17:18 | Report Abuse

I am not sure. The info came from the link Double Sword . I myself also put a question.mark. If it is true , then good news for all malaysian glove makers and investors.
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NatsukoMishima @pjseow US imposed taxes on China Nitrile gloves? Good news for Malaysian.glove makers?
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https://youtu.be/BPLQIzjGxnk

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Sure or not ?? No news out ??
18/12/2021 4:46 PM

Posted by pjseow > 2021-12-18 17:24 | Report Abuse

Natsuko, looks like the tariff imposition on China gloves are true.
----------+----------
Albukhary Confirmed, you can google US Tariff Section 301 Exclusion list.

Previous there are 99 products, but now only 81 product can enjoy the exclusion till 30 June 2022, while remaining 18 product will end from the exclusion list by 30 Nov 2021.

Nitrile Glove and Mask are one of the item under the 18 products, so their tariff exemption is until 30 Nov 2021 only.
18/12/2021 4:59 PM

Posted by blackchicken > 2021-12-18 20:00 | Report Abuse

Supermax set to build new US plant https://www.thestar.com.my/business/business-news/2021/12/18/supermax-set-to-build-new-us-plant

Posted by Winer21 > 2021-12-18 21:32 | Report Abuse

Fly to moon

Posted by NatsukoMishima > 2021-12-18 21:43 | Report Abuse

@pjseow Natsuko, looks like the tariff imposition on China gloves are true.
----------+----------
Albukhary Confirmed, you can google US Tariff Section 301 Exclusion list.

Previous there are 99 products, but now only 81 product can enjoy the exclusion till 30 June 2022, while remaining 18 product will end from the exclusion list by 30 Nov 2021.

Nitrile Glove and Mask are one of the item under the 18 products, so their tariff exemption is until 30 Nov 2021 only.

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If really confirmed then malaysia glove stocks havent die yet !

Posted by kami82 > 2021-12-18 22:02 | Report Abuse

They should actually. Hee

Posted by masterus > Dec 18, 2021 2:01 PM | Report Abuse

Will Supermax also kena Prosperity Tax too?

Posted by skcm2017 > 2021-12-18 22:34 | Report Abuse

China imposed tariff will starts at any tine soon..trade war is happening now.

Posted by CHHu > 2021-12-18 23:15 | Report Abuse

Confirm lah, can refer to Chinese glove maker Intco investor briefing, the traffic on Nitrile glove is ranging from 7.5 to 25%

Posted by CHHu > 2021-12-18 23:16 | Report Abuse

tariff

Posted by kbtsyl68 > 2021-12-18 23:22 | Report Abuse

Medical glove and clean room glove are important to the lives and economy of the big country. US cannot rely on china as this will make their country vulnerable to china threat in the future if action is not taken now. Supermax make the right decision to start the manufacturing plant there and will benefit great from US consumption and futute research and development .

Posted by Ryan83 > 2021-12-19 01:23 | Report Abuse

British researchers say they have found “no evidence” that the Omicron coronavirus variant is milder than Delta, casting doubt on the cautious optimism of some experts that the new strain may not be as virulent and not overwhelm healthcare systems.

The study by Imperial College London (ICL) on Friday – released just as British officials reported record COVID-19 cases for the third consecutive day, with a rise to 93,045 new infections – also found that the risk of reinfection with Omicron is more than five times higher than Delta.

Posted by mrinvestorteam > 2021-12-19 05:28 | Report Abuse

We can see who is the real winner…look at the last table in the article….

https://klse.i3investor.com/m/blog/bursainvestments/2021-02-06-story-h1540340424-Top_Glove_Hartalega_Supermax_The_US_Demand_for_Gloves_and_Homeland_Prod.jsp#

Posted by Ryan83 > 2021-12-19 08:23 | Report Abuse

Nations across Europe moved to reimpose tougher measures to stem a new wave of Covid-19 infections spurred by the highly transmissible omicron variant, with the Netherlands leading the way by imposing a nationwide lockdown.

All non-essential stores, bars and restaurants in the Netherlands will be closed until Jan. 14 starting Sunday, caretaker Prime Minister Mark Rutte said at a hastily arranged press conference Saturday night. Schools and universities will shut until Jan. 9, he said.

Posted by Ryan83 > 2021-12-19 08:31 | Report Abuse

The Omicron coronavirus variant has been reported in 89 countries and the number of cases is doubling in 1.5 to three days in areas with community transmission, the World Health Organization (WHO) has said.

Omicron is spreading rapidly in countries with high levels of population immunity, but it is unclear if this is due to the virus’s ability to evade immunity, its inherent increased transmissibility or a combination of both, the WHO said in an update.
The WHO warned that with cases rising so rapidly, hospitals could be overwhelmed in some places.

“Hospitalisations in the UK and South Africa continue to rise, and given rapidly increasing case counts, it is possible that many healthcare systems may become quickly overwhelmed,” it said.

Posted by NatsukoMishima > 2021-12-19 10:26 | Report Abuse

@mrinvestorteam We can see who is the real winner…look at the last table in the article….

https://klse.i3investor.com/m/blog/bursainvestments/2021-02-06-story-h1540340424-Top_Glove_Hartalega_Supermax_The_US_Demand_for_Gloves_and_Homeland_Prod.jsp#
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Why not ask the guy mention Malaysia's Supermax !

Posted by Superbull8798 > 2021-12-19 11:53 |

Post removed.Why?

Posted by MorningGlory123 > 2021-12-19 12:43 | Report Abuse

WHO says Omicron in 89 countries and spreading rapidly

The Omicron coronavirus variant has been reported in 89 countries and the number of cases is doubling in 1.5 to three days in areas with community transmission, the World Health Organization (WHO) has said.


https://www.theguardian.com/world/2021/dec/18/who-says-omicron-in-89-countries-and-spreading-rapidly

Posted by Ryan83 > 2021-12-19 13:45 | Report Abuse

US will not implement total lockdown even new record high daily new cases > 200k-300k and hospital admissions overwhelm all hospitals by mid January after 2 long weekend Christmas and New Year holidays...Gloves stockpiling and huge order replenishment is under way especially US and European countries

Posted by Winer21 > 2021-12-19 14:09 | Report Abuse

Be wary of scammers posing as Bursa Malaysia, financial institutions

Posted by myinvestor > 2021-12-19 15:55 | Report Abuse

https://klse.i3investor.com/blogs/ngiantalks/2021-12-18-story-h1595660450.jsp

Posted by looiting > 2021-12-19 16:03 | Report Abuse

Remember this guys ? ---> "Don't ask. Just enter. Hold Tight Tight."

Posted by Pgraduate123 > 2021-12-19 16:12 | Report Abuse

All gloves limit up tomorrow..

Posted by Bullrunrun > 2021-12-19 16:39 | Report Abuse

Limit up tomorrow

Posted by cwc1981 > 2021-12-19 18:20 | Report Abuse

Then no need to activate SBB

Posted by BoomBerg > 2021-12-19 18:25 | Report Abuse

https://youtu.be/PRZecosE1ok

Posted by StartOfTheBull > 2021-12-19 20:46 | Report Abuse

Bullrunrun Limit up tomorrow
19/12/2021 4:39 PM
------------------------------------------------
If this happen old names in this forum all gone, new batch of bilis appears. LOL

Posted by 5231428 > 2021-12-20 00:08 | Report Abuse

Omicron more likely to reinfect than Delta no sign of being milder.

Posted by cheeyong > 2021-12-20 06:31 | Report Abuse

Netherlands launches ‘painful’ Christmas COVID lockdown

Posted by masterus > 2021-12-20 07:16 | Report Abuse

https://www.cnbc.com/2021/12/19/what-the-us-government-does-with-its-secret-bitcoin-stockpile.html

Posted by masterus > 2021-12-20 07:23 | Report Abuse

They anti bitcoin. After seized other people bitcoin, it became owned by them. Then do an auction for this stockpile of bitcoin.

Anti forced labour, seized people stockpiles of gloves, and all seized gloves became their one. No need to import many gloves for their pandemic use.

Posted by Ryan83 > 2021-12-20 09:00 | Report Abuse

Supermax will lead gloves stocks rally today

Posted by cwc1981 > 2021-12-20 09:22 | Report Abuse

Top Glove up more bro

Posted by cwc1981 > 2021-12-20 09:22 | Report Abuse

Strange

Posted by hoot9e996 > 2021-12-20 09:40 | Report Abuse

supermx gave dividend probably thats why haha.
TG had a lot of shorties, if uptrend momentum short sellers need to cover their position maybe thats why. in time on uncertainties OMICRON, only chance for glove sector to rise

Posted by Ryan83 > 2021-12-20 09:40 | Report Abuse

Omicron variant devastating effects coming mid January after long Christmas and New Year holidays will cause new record high hospitalizations in US and all European countries

Posted by Biliskecil > 2021-12-20 09:40 | Report Abuse

Another round of bull trap.. last round push until rm 2.4, now 1.6? Run while you can

Posted by Anaconder > 2021-12-20 09:41 | Report Abuse

Rm 2 I think can achieve soon

Posted by DJoker89 > 2021-12-20 09:46 | Report Abuse

Since achieved lowest 1.26
Going higher from now?

Gogogo superman is back
:)

Posted by hoot9e996 > 2021-12-20 09:55 | Report Abuse

like no power, nobody want to invest into gloves sector too many SHARKS all trying to attract bilis to eat them WHOLE

Posted by hoot9e996 > 2021-12-20 09:57 | Report Abuse

no power as in no more BIG FUNDS / operators for it to BIG upside / downside. which is a good thing slowly move no more LIMIT up/down

Posted by cwc1981 > 2021-12-20 10:06 | Report Abuse

Slowly slowly up also good

Posted by Calvinharris > 2021-12-20 10:07 | Report Abuse

Supermx 净现金RM35.2 亿。
Number of Share: 2.721 bil 张票
每股净现金高达RM1.29 !!

Posted by hoot9e996 > 2021-12-20 10:11 | Report Abuse

aiyo no power atleast got support better... now looking soo shaky goyang here and there

Posted by Anaconder > 2021-12-20 10:14 | Report Abuse

Uptrend in the making

Posted by rocksteady > 2021-12-20 10:16 | Report Abuse

Hoot lah !

Posted by Biliskecil > 2021-12-20 10:17 | Report Abuse

Cuz retailers are smart d.. too many fake bulls.. most recently from 1.6 to 2.4

Posted by Youngkid > 2021-12-20 10:20 | Report Abuse

Don't worry Bro! this time betul2 real bull coming.

Posted by pjseow > 2021-12-20 10:26 | Report Abuse

https://www.deseret.com/coronavirus/2021/12/17/22841381/covid-booster-shot-stop-omicron-new-study-data

Posted by hoot9e996 > 2021-12-20 10:28 | Report Abuse

enter 1.45 see can rebound or not.... cutloss 1.4 if break never going to touch gloves so hard to trade short term haha

Posted by RockerArm > 2021-12-20 10:32 | Report Abuse

Yes! my six sense also told me , this time real bull