Pre-Covid 19: Glove market is expected to grow in between 8%-12% per annum.
Post-Covid 19: Market Growth for Medical Glove will be higher than Pre-Covid 19 level due to the increase in HYGIENE level and AWARENESS amongst peoples in general not just healthcare industry. It means , they post-covid 19 THE GROWTH could be HIGHER than 8%-12%% per annum.
Riverstone posts 119.3% increase in net profit to RM137.5 million for 1HFY2020 Group’s revenue achieve RM626.7 million, driven by the surge in demand for our products worldwide
Core operations continues to generate strong positive operating cash flows of RM222.2 million for 1HFY2020, bolstering balance sheet strength with a net cash position of RM264.2 million
the drop of comfort stock more than ruberex just shows how overhyped comfort counter is compare to ruberex..anyway, congrats to those who riding this counter & took handbrake just before massive profit taking place..great job
but still, remember 27 Aug (if rubberex didn't postpone la) for next QR..after this, i'm not sure if there will be another big rally for glove stock..worst case scenario might be 1 day show for QR day but i might be wrong..so be careful yaa
investor don't have to bother with my post..u guys for sure have a different gameplan & this ruberex counter is a very good short to intermediate-term investment stock..can keep monitor their QR closely at least end of 2021 or 2022
1996 euphoria....ramai pi Pasaran Saham. Member ku jugak tak ketinggalan. Kami semua kalah teruk lepas collapse july 1997. Aku Rugi RM30K. Duit menang RM20K pun lesap. Berhati hati lah kawan-kawan.
@jackfruit agreed..my opinion also IF another wave come after this, RM8.00 will be a logical TP..RM10 is too wishful taking into account with future vaccine super rally that is just around the corner..
Soon or later gloves stock price will dip, but investors might want to consider buying PDZ stocks nw as it shows uptrend and might surge high in coming days or weeks to retest its 52weeks high @ 0.325
Regardless of whether gloves are worn or not worn, CDC guidelines state that "Hands should be cleansed with an alcohol-based waterless antiseptic hand rub or washed with soap and water before preparing vaccines for administration and between each patient contact.
Why KPJ is next gem for post covid-19? Based on Fundamental analysis our current PE guideline is approx 57.14 (Based on 1.75% of BNM base rate) thus the actual price for KPJ should be RM2.71. Covid-19 only good for medical sector (more clearly is protective medical equipment “glove, mask, face shield and etc” and diagnosis instrument “thermo scanners, PCR tester and etc” For Malaysia top glove, harta, kossan and supermx all are the first round winners.
For the last stage of vaccination development, now is the time to look for the next gem but unfortunately our country is impossible to produce these vaccine. The only vaccine we can get is import and we hv 20+mil ppl need to be vaccinated. Early stage of vaccine must be very expensive and gov won’t sponsor. We only can get vaccinated through private hospital no matter for travel or job requirement or just stay safe. Based on 2019, KPJ recorded 2,629,878 outpatients @ net profit 226.7mil with 28 hospitals overall the state. If half of 20mil ppl go KPJ for vaccination so approx net profit can reach up to 1bil. And u need to know tat those vaccine isn’t 1 injection for lifetime (like seasonally flu vaccine) and must get it semi or annually. RM200-300 per vaccine per yrs for everyone to stay safe is new normal of post covid-19. And it is long term investment value of KPJ.
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....
gck_236899
6 posts
Posted by gck_236899 > 2020-08-06 01:42 | Report Abuse
https://codeblue.galencentre.org/2020/08/05/covid-19-vaccine-may-not-be-silver-bullet-experts/