big shark try very hard to push the price down with bad news ( vaccine,contra ban,windfall tax) they success fool small player, they slowly collect, now push the price limit up .... luckily i am still holding
KUALA LUMPUR: More data is needed before Malaysia can decide whether to use the Covid-19 vaccines discovered by China and Russia.
Health director-general Tan Sri Dr Noor Hisham Abdullah said information on the third clinical phase involved trials on humans that would determine the vaccines' efficacy and side effects.
"We have so many questions and there was no latest information on it so far. We were aware of these two countries that recently patented the vaccines.
"Even if a vaccine is successfully developed, it does not mean it would be available to the public immediately. Furthermore, there is already a change in lifestyle, rubber glove usage has become part of our daily life. In short, the demand will remain, although it may weaken,” said the fund manager, who believed that the selling on the glove counters has been overdone.
As much of Putin's FAKE news on his vaccine rollout, that's how much fake news about his daughter. Haha. His statement on Sputnik V made the market turned chaos for a week stock prices took deep dive. Huhu
Careplus production is going to ramp up to 8.8 billion with additional of new production lines , counter is undervalue among its peers. A pure 100% glove production company and business model similar to Supermax . JV with Ansell Australia and this will definitely help for international distribution of medical nitrile glove with assist from long well established Ansell worldwide distribution network
with new players coming in, there might be a situation where demand is less than supply. when that happens, glove price will go down...understand that vaccine is coming out, but when it is out, gloves is still needed because the person who is injecting you, is also wearing gloves, right? Now waiting if government is asking for extension for RMCO, then might push all healthcare products up.... (my thought only...)
Dato bought the share until the price at range RM5.00++ on 19th Aug..no price uptrend movement after that..no, I don't think he's dare to bought the share at premium price if he didn't know something..next QR is end of this week
The phenomenon that Pharmaniaga, Duopharma etc produce no covid vaccine but have their stock price boosted today show how low intelligence Malaysian stock investors could be. They have money but no brain. The holders of these pharma companies are death laughing now. Covid19 will be there and still far from over. The demand for gloves is high seeing the current infected numbers over 23 million. There are still many months ahead before an effective vaccine will be available to the public. Even oneday when the vaccine is out, with current world population of 7.3 billion, one vaccine given to each person will have one pair of gloves used. That means the glove supplies might be out of stock! If you want to save Malaysian gloves stock, pls spread this message to as many stock players that you know as possible. Thank you.
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....
jacksonpat
1 posts
Posted by jacksonpat > 2020-08-18 10:00 | Report Abuse
Today up again loh