HartaLega, TopGlove, Supermax & Kossan gave them bittcch basstard robber gangster IBs, non-stop shorting boddoh bangang idddiot digkhedds & forever panicking frenzied throw-at-low short term gambling monkeys a good old hard fugkking today
KUALA LUMPUR (Jan 14): The rubber glove manufacturers saw declines in their share prices today after another bearish report from JP Morgan on the average selling price of rubber gloves going forward, as demand is expected to peak. In a recent note, JP Morgan said gloves are “not needed” while administering vaccinations and that demand for gloves will continue to ease, contrasting with the consensus expectation that demand for disposable gloves will not shrink as sharply.
JP Morgan, which initiated coverage on the Malaysian rubber glove sector with “sell” calls in December, cited the Centers for Disease Control and Prevention of the US, the National Health Service of the UK and the British Columbia Centre for Disease Control of Canada in saying that gloves are not required while carrying out vaccination. The American bank also stressed that glove prices may have peaked as testing efforts have started to plateau in most countries, especially developed ones. The bank pointed out that the current strong demand was due mainly to high testing activities globally. The anticipated slower demand, it said, implies limited upside to the average selling prices of rubber gloves.
(attention to alll the newbie.. read more news) glove market will never go high like last year again.. it will gradually fall to where it started .. first batch vacicine is coming at the end of feb..
All other vaccine company requires 2 shots. Only johson requires 1 shot. Then that ONE shot must be some powerful substances.... haha.... A company in usa had in the past that made skin cream that cause cancer. Hence... i have negative faith for johson.
@kaitan, Comfort is the cheaper of the two - they are also roughly the same size in terms of market cap. Ruberex has performed better in the past year to overtake Comfort. If Topglove goes up, the rest of the glove stocks usually follows by varying %gains. Going by PE, Supermx which is 10 times larger by market cap is cheaper at around 7.5 vs 18 for Ruberex and 11 for Comfort for a rough gauge. Generally speaking, established glove stocks are a good buy right 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....
harisham74
172 posts
Posted by harisham74 > 2021-01-29 11:11 | Report Abuse
ni selling murah2...baru nak naik..haiya..