Even upcoming qtr results is good for glove counters but by that time vaccine news wil equalised out the euphoria of record shattering earning ...dont b surprised we might b seen the highest price of glove counters at current time...we r seen the historic high now...might not b coming 3 or 4th qtr
SEE_Research SEE_Research SEE_Research Moderna Inc, NASDAQ MRNA
Pls note : (i) 13 July 2020 = USD 94.85 (ii) 24 August 2020 =USD 64.88 Just be note full, Moderna highest price at 13 July 2020 was USD 94.85, if vaccine mRNA - 1273,if successfully discovered, the price will spike up, instead from 13 July 2020 to 24 August 2020, it has fallen into USD 64.88, . representing Minus ( -32%). In short, this reflects clearly Moderna Inc, with the vaccine mRNA - 1273, has not been able to secure break through, with positive results yet.
(iii) More importantly, 2 senior management members, namely the Chief Medical Officer /Tal Zaks, Ceo /Stephane Barcel, in recent months have been selling MASSIVELY the Moderna Inc shares, THEIR AGGRESSIVE MANNERS IN SELLING THEIR OWN SHARES WHAT DO YOU THINK ABOUT THEIR ACTIONS? Jerusalem Post staff mentioned in their report, August 2, 2020/04:36, it reflected on 2 critical issues, a. The m RNA-1273, on the uncertainty on the effectiveness b. It is still unclear how long, one can remain "safely immune " against to combat the menacing Covid 19 virus
The vaccine, when approved by WHO will be around 1st Quarter 2021, after January onwards 2021, that is super FAST +FURIOUS
Primeinvestor Lol lame high5, h1n1 glove price went up for more than 12 months, covid? At least 2 years period 27/08/2020 6:51 PM
Yup probably...same like 1918...2 years to kaotim...I sold... Kossan...whack this one better...forward...PE multiple...much lower...I think all glove counters...at present scenario...make it 3 years earnings growth...cannot take ten years...margin of errors much higher...will be around...@<40x PE...Plus interest rates have been going down...;)
For the benefit of members, in light of massive turbulence in the glove stocks, I have considered 2 hedging glove-related stocks:
DANONCE TECHNOLOGY (7114) SAMCHEM (5147)
Both are suppliers to the glove and healthcare industry and they are now trading at a relatively low PE ratio and stock price. D'nonce is an especially good pick as its Q2 is coming out in 30 days time and for the last 3 quarters it has been recording profit growth. The recent corporate presentation and management mentioned they're currently experiencing very strong orders and are operating at maximum capacity, in tandem with the robust demand for gloves.
From its recent corporate presentation, and google map, we can guess with high accuracy that TOPGLOV Thailand and Sri Trang Glove are their clients.
Currently projecting a base case RM 15m of net profit for FY2021, which translate into 5.7c eps FY2021. Extrapolating that into 15x PE based on conservative valuation. TP by analyst: 0.8-1.0
Samchem is a chemicals company supplying chemicals to glove companies to manufacture gloves. Also a solid company with strong fundamentals and growing profits. TP by analyst: 1.23
This is not a buy call, just for the members hedging thoughts. Let me know if you agree after you read up more on these stocks and their business.
Please note that the idea of hedging is meant to counter the turbulence of the glove stocks. I still continue to believe Rubberex has its own potential upside but with market sentiments swaying, it would be advisable to not put all your eggs in one basket. At the same time, I do not advocate speculating in penny stocks like the pharmas. My definition of penny stocks are stocks with no proven track record and are trading at ridiculous prices relative to their profits.
I only would advocate hedging stocks with the following criteria:
1. proven track record and profit growth. 2. strong management team and visible corporate earnings, 3. transparent management ideas such as presentations and press releases so we know what is going on with the company. 4. glove related preferably as glove demand will continue to be elevated. 5. strong fundamentals and relatively low PE ratio 6. current price still demonstrates an upside (massive upside 30% or more) and not over-priced so that there is still gain to be made without investors taking ridiculous risks.
Pls send out to regular customers who have patience to hold on the rubber gloves stocks, Next week onwards, 1 September 2020,
BIG Run on Supermax,
The rest 2 nd tiers, (i) Careplus (ii) Comfort Will follow immediately [8/28, 6:33 PM] Sidney Oon: For 28 August 2020 Friday
Supermax /7106
1. Grand closing with 3 WhatsApp pictures, showing dynamic closing from at (i) number of transaction 23978=RM 21.10/ 33,214.6 lots /04.44.59 23979=RM 22.14 /33,255.8 lots /04.50.00
The last transaction =27052/time = 04.59.59 88,426.6 lots
Remarks ===========================
The last 15 minutes done =55,212lots minus 33,214 lots
Number of lots done =21,998 lots,
One word =incredible, INCREDIBLE [8/28, 6:33 PM] Sidney Oon: 28 August 2020
The above 3 WhatsApp pictures showing on the incredible closing of Strong closing of Supermax with five minutes closing of 21,998 lots, versus one whole trading, before closing 4.44.59pm /33,214 lots [8/28, 7:01 PM] Sidney Oon: The last 15 minutes done 88,426 lots minus 33,214 lots =
55,212 lots One word =incredible INCREDIBLE 28/08/2020 7:38 PM 28/08/2020 8:04 PM X SEE_Research SEE_Research SEE_Research SEE_Research KSSC /5192
Only 2 dipping line systems for rubber gloves factories, HLT, KSSC,
REMARKS ANOTHER CANDIDATE FOR LIMIT UP AS THE WILD BULL RUN ON SUPERMAX, JUST STARTING FROM 1 SEPTEMBER 2020 28/08/2020 7:55 PM SEE_Research 28/08/2020 7:57 PM
Every country & every gloves company are increasing gloves capacity mah..!!
What happen leh ? Huge Increase in supply when demand cannot keep up...Share price of Gloves will collapse bcos of huge competition coming mah..!!
Run b4 too late loh..!!
Just hide in Solution Cansino vaccine mah...!!
Very safe loh...!!
Posted by Ravi1969 > Aug 30, 2020 10:54 AM | Report Abuse
Why is there a demand for gloves? Because the usage has expended exponentially!!! So will filling and packing looks like vaccine still has to come from somewhere. These aren’t making it
Posted by stockraider > Aug 30, 2020 10:59 AM | Report Abuse X
Remember Gloves is just like any commodities easily produce mah..!!
HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623 have died, according to a Reuters tally.
Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.
The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.
They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.
The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.
Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.
Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.
"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.
"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."
The pandemic has also turned political in Latin America's largest country.
President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.
The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.
He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.
Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.
"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.
"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."
The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.
Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.
So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.
Can the CEO of the Big 4 and Small 3 glove companies come up together to give reassurance to the public that the gloves demands is still very high despite news of vaccine here and there. If the vaccine really available to the public, the glove supplies could not cope with the demands. Before vaccine, you need gloves for the sick; after the vaccine, u need gloves for the sick and the healthy and the healthy population in the world is thousands time higher than the sick, which means there's huge surge of gloves demand than ever before!! Pls spread this message and educate those especially the uncle aunties who have the terrible misconception about glove demands is inversely proportional to vaccination, these are the investors with money but no brain, and they are the major people that bring gloves stock price down whenever news of vaccines come out!!!
Glove booking for most companies are more than a year in advance. Though usage may drop, demand will still be there as further outbreak of disease are expected. the world is full of unknown and mutated viruses. the only setback would be too many competitors locally and abroad ie thailand. however QY is expected to be good for at least 1 year
Even covid here to stay it does not mean more gloves users mah..!!
Its demand may have peaked mah...!!
Ask yourself who are the gloves users ?? Mainly medical personnels mah...!!
How many medical personnels are there leh ?? It is limited mah, it does not grow overnight loh..!! U already factor in they have more frequesnt use of gloves that means thats all loh....Demand already peaked mah...!!
To be fair some F&B workers do wear gloves but these are minority loh...!!
I ask the staffs why some wear gloves & some don wear leh ?
They told me for facemask the company give free everyday but for gloves they use own money to buy loh...!!
Just imagine, they use own monies to buy gloves...how many can afford sustainably leh ? not many loh....!!
Stop dreaming loh....they are not many other users other than medical workers loh..!!
That indicate growth scope limited for gloves loh...!!
INCLUDING THE TOP OF 4 KINGS (Topglove, Supermax, Hartalega, Kossan) INCLUDING THE 2 ND TIER (Careplus, Comfort, Rubberex) INCLUDING THE RUBBER RELATED PRODUCTS (Adventa,) INCLUDING THE RUBBER DIPPING SYSTEMS (HLT, KSSC)
Will be blessed as SUPERMAX in this season,
from 01 September 2020 onwards, AS SUPERMAX WILL CLOAK IN TO MSCI Global Standard Indexes as of the close of 31 August 2020,
It is the MERDEKA DAY FOR ALL THE RUBBER GLOVE STOCKS, RUBBER RELATED STOCKS, RUBBER DIPPING LINES SYSTEMS STOCKS WILL BE THE FRIENDLY LEADER OF THE BLACK PANTHER PACK TO EXHIBIT LEADERSHIP WITH SUPERIOR QUALITY TO LIFT UP ALL THE ABOVE STOCKS THE FRIENDLY BIG BIG BIG WAVE WILL LIFT UP THE SMALLER BOATS
============================================ MSCI GLOBAL STANDARD INDEXES, SUB MSCI MALAYSIA INDEX MSCI MEANS Morgan Stanley Capital International Index
WHO WILL CLOAKED IN? SUPERMAX CORPORATION BHD KOSSAN RUBBER INDUSTRIES BHD
WHO WILL CLOAKED OUT? IJM CORP BHD +++++++++++++++++++++++++++++++++++++++++++++++
SUMMARY MSCI INDEXES
ARE THE MEASUREMENT OF STOCK MARKET PERFORMANCE IN A PARTICULAR AREA. LIKE OTHER INDEXES, SUCH AS DOW JONES INDUSTRIAL AVERAGE, S + P 500,
IT TRACKS THE PERFORMANCE OF THE STOCKS INCLUDED INTER RELATED INDEX ============================================= MSCI HISTORY
IN 1968, MORGAN STANLEY, published the Capital International Indexes, first indexes for market outside of the USA and in 1969,the MSCI DEVELOPED MARKETED Indexes were published.
In 1987, for the Emerging Market Index was published.
In 1996, MSCI ALL COUNTRY INDEXES. were published for developing markets and emerging markets. +++++++++++++++++++++++++++++++++++++++++++
SEE_Research Is it GREAT Is it AWESOME Is it AMAZING
ON THIS SPECIAL DAY, MERDEKA DAY OUR SUPERMAX, OUR KOSSAN
ARE CLOAKED INSIDE THE MSCI GLOBAL STANDARD INDEX /SUB MSCI MALAYSIA INDEX
TRULY MERDEKA WITH SUPERMAX WITH SUPERIOR SUPERMAX WITH SUPREME SUPERMAX
Posted by geary > Aug 31, 2020 1:57 PM | Report Abuse
PZOGRO In US, ppl buying Apple Tesla until stock split today’s also keep pushing higher; but Malaysian will normally do the other way. Buy before stock split and Sell after stock split! That’s Malaysian! Happy Merdeka! 31/08/2020 1:47 PM
For counter with high earnings growth...still have legs to run...plus there are final n special dividend...o:-)
Coronavirus outbreak Alarm as FDA willing to issue Covid-19 vaccine before stringent safety testing
FDA under intensifying pressure from Trump, who wants to see a vaccine come on stream or ready to announce before the election Ed Pilkington in New York @edpilkington Sun 30 Aug 2020 21.12 BST
Public health experts have reacted with alarm to remarks by the head of the US Food and Drug Administration (FDA) that he might give the green light for a US Covid-19 vaccine before the normal clinical trial process had reached its conclusion.
As the US was on the verge of 6m coronavirus cases on Sunday, Stephen Hahn, the FDA commissioner, told the Financial Times in an interview published on Sunday that he was prepared to issue emergency use authorization for a Covid-19 vaccine before the end of Phase 3 human trials that put the drug through stringent testing for safety and efficacy.
He said the standard he would apply instead would be “that the benefit outweighs the risk in a public health emergency”.
Hahn told the newspaper that his decision would not be swayed by political pressure amid the febrile atmosphere of the upcoming US presidential election. “This is going to be a science, medicine, data decision. This is not going to be a political decision,” he said.
But several public health experts expressed their concern on Sunday about an apparent willingness to consider fast-tracking a vaccine outside what is considered the gold standard testing process.
The FDA has come under intensifying pressure in recent weeks from Donald Trump, who wants to see a vaccine come on stream or ready to announce before the November election, and has a public-private vaccine development funding program underway called Operation Warp Speed.
Trump has openly attacked the FDA, baselessly citing a supposed “deep state” within it of dragging its feet on the vaccine approval process, despite no evidence to support the latest version of a right-wing conspiracy theory that even one of its most enthusiastic, original Trump administration propagators, Steve Bannon, has dismissed.
The number of confirmed cases of Covid-19 was approaching 6m in the US by Sunday afternoon, according to figures from Johns Hopkins University, while recorded deaths stand at a catastrophic 182,612 – almost a quarter of all global fatalities.
Over the weekend California became the first state to pass 700,000 confirmed cases.
Since the beginning of the pandemic in January, Trump has consistently downplayed the severity of the crisis and sidelined scientists, including those at the FDA.
Hahn has been criticized for misleading the public about the efficacy of convalescent plasma treatment which takes blood plasma from Covid-19 survivors and injects it into sufferers.
At a White House media launch last week Hahn, standing beside Trump, said the plasma treatment would save 35 lives out of every 100 patients when in fact studies put the figure at 3 to 5 lives. He was forced to apologise.
Scientists and public health specialists were quick to issue warnings about Hahn’s comments about cutting short the vaccine trials.
Dr Angela Rasmussen, a virologist at New York’s Columbia University, said: “We absolutely cannot tolerate or accept an emergency authorization for any Covid-19 vaccine without reliable safety and efficacy data from phase three clinical trials”.
Now people goreng pharma counters, very soon shift back to Glove counters because realize no confirm vaccine yet. Talk only but where is the vaccine?! Later Glove counters will limit up again. Buy at current price, sure make huge money!
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....
High5
1,269 posts
Posted by High5 > 2020-08-27 18:22 | Report Abuse
Even upcoming qtr results is good for glove counters but by that time vaccine news wil equalised out the euphoria of record shattering earning ...dont b surprised we might b seen the highest price of glove counters at current time...we r seen the historic high now...might not b coming 3 or 4th qtr