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JKL bro... appreciate your Comment here n never ending reminders for us to sell glove stocks.. we all aware those news.. nowadays news r cheap can spread thru each of us qucikly.. if u dont hv fate to any glove counters.. kindly let's other to make their own decision if were to stay or leave.. but not trying to mislead other with yr minimal knowledge, expertise or so called "I think" kind of analysis... end of the day.. u r not Warren buffet or anyone that well known in stock market..
Weird, jlk always ask us to weigh the news, but he never share any bad news for vaccine. How many ppl dead in vsccine trial, how many vaccine put on hold. Oh ya whr is russia vaccine? N china vaccine, not approved, whoever wanna inject the vaccine. Need to sign n inject at own risk. Strange. How come jlk never weigh these news?
Strange, if vaccine will be here soon (MEANS HAVENT LA) n approved soon (ALSO HAVENT) . Why today klci 790 comp falling? Cases reducing according to jlk, genm padini umw bank all this should be recovering soon. How come msia cases climb to 1240?
Even if vaccines approved in Dec 20:
1. it takes many months to produce
2. not everyone wanted to be vaccinated due to safety
3. it takes at least 2 years to vaccinate half the world population
4. it takes at least 2 years for the world to get back to normal.
5. of these, covid19 will stay around at least for the next 2 years before WHO can declare pandemic over.
6. gloves usage will be common practice by the world even after this pandemic as long as supply still lag demand .
In long run population will getting more. Hence, there will be more hands to consume gloves :P
In short term, with the successful trial of vaccine and probably the launch of it in near term. The consumption of gloves will still high, as glove is one of the important sanitization component during vaccination....
today Supermax chunck out superb earnings at 30.5sen per share per quarter or at 800mil. What you think TopGlove earnings will be next? Even at very conservative PE of 10, Supermax should trade at RM12, and TopGlove ?
