3rd qtr Sep results were very good with EPS of 2.26 At 76s, p/e is 9 with the latest eps annualised, and still have a 30s margin to the fair value amount
MYR1.06 FV, 12x FY21F P/E, premised on rising demand for polyvinyl chloride (PVC), timely capacity expansion to meet growing demand for polypropylene products (PP) non-woven products and diversification into new markets. On a backdrop of FY20F-22F earnings CAGR of 18%, the +2.5SD from its 1-year mean valuation is undemanding as compared to the perceived COVID-19 related peers of 15x. Furthermore, it is backed by solid financials with a net cash position of 10.5 sen per share
" As for the solar segment, one of the factory buildings of subsidiary TS Solartech Sdn Bhd, which made solar panels, has been rented out. However, the company continues to generate income from solar energy arising from the solar panel installed.
“We have been renting out the second building since last year, so the rental and solar income contribute close to RM500,000,” says Eng Chun.
He adds that the closure is temporary and there are no plans to shut the factory permanently.... "
Reuters) - Britain will become the first country in the world on Tuesday to roll out the COVID-19 vaccine developed by Pfizer and BioNtech, initially making the shot available at 50 hospitals.
The country's National Health Service will give priority to vaccinating people over the age of 80, frontline healthcare workers and nursing home staff and residents.
Here is what people getting the vaccine should expect.
WHAT HAPPENS WHEN SOMEONE GETS THE VACCINE?
The vaccine, developed with new messenger RNA technology using a manufactured fragment of the coronavirus' genetic code, is injected into the arm. The immunization is given in two doses, three weeks apart, and has been shown in trials to protect up to 95% of recipients from contracting COVID-19.
Pfizer has said side effects in trial volunteers were mostly mild to moderate, and cleared up quickly. The most severe side effects occurred after the second dose: fatigue in 3.8% of volunteers and headache in 2%. Older adults tended to report fewer and milder adverse events.
WHAT KIND OF PROTECTION DOES IT GIVE?
The vaccine prevented COVID-19 illness seven days after the second injection - which is about a month after the first shot.
Clinical trials so far have not been designed to determine if an immunized person can still spread the coronavirus to someone else. Some vaccines, such as hepatitis A, do provide such protection - known as sterilizing immunity - but others do not. COVID-19 vaccine makers focused trials on determining whether the drug stopped people from getting ill.
It will also be several more months before it becomes clear how long the vaccination will protect someone from coronavirus infection.
"Until then, it is better to avoid the pub, and other in-person gatherings with many people," said Dr. Anita Shet, infectious disease specialist at Johns Hopkins Bloomberg School of Public Health.
DOES THE VACCINE MEAN BACK TO NORMAL LIFE?
Since there is no evidence that the immunization prevents transmission of the virus - and no vaccine is 100% effective - scientists call for continued vigilance, including mask-wearing, hand-washing and social distancing.
"As with all vaccines, it may work really great in certain patient subsets, but not as well in others ... Does that mean you are free to hop on a plane or have 30 people over at your house? Probably not," said Dr. Michelle Barron, senior medical director for infection prevention at Colorado's UCHealth.
She said vaccination campaigns are unlikely to reach "a critical mass" until next spring or early summer.
(Reporting by Deena Beasley, Editing by Peter Henderson and Aurora Ellis)
Our new normal is to wear mask, social distancing and hand sanitising even after the vaccines. There is no proof yet that vaccines can prevent you a 100% infected from Covid.
"The country's National Health Service will give priority to vaccinating people over the age of 80, frontline healthcare workers and nursing home staff and residents. " ==========================================
Over the age 80...yeah..what a priority!!!
They are indeed very productive and able to spur the economy with their incomparable knowledge.
@CHHu yes just temporary because they need to keep up with their mask and ppe production first priority due to Covid and busy with their factory expansion.
Market behave like vaccine has already arrived to Malaysia. But the problem is the cases are still rising. Stay safe people, with or without vaccine. This is a good company but downtrend due to health sector. A lot of pessimistic comments on the vaccine and wonders of how it’s going to arrive to Malaysia. Whilst mask is still needed even when there is vaccine. UK just identified a new strain of Covid 19. This virus is no joke, stay safe and happy investing people.
Green energy is the way to go. Govt just announced new initiatives for solar. They need to restrategise their solar business. Solar stock like KPOWER, Samaiden, SLVest all are flying with PE fr +40 - +60. Even Taliworks is going I to solar. The company should get some expert to focus in this area.
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....
wajatimur_28
671 posts
Posted by wajatimur_28 > 2020-11-27 21:21 | Report Abuse
Prepare to fly bro