sign of irrational exuberance.

Meaning when this rally ends, it will be like an avalanche..

Supermax really hit hard this morning. See how it goes in afternoon.

When the other big 3 are in green, and it's in red, yeah.

Glove stocks are getting uglier now

Looks like focus is on PHARMA

The usual vaccine news. On the bright side though, this might only last a while.

https://www.bloomberg.com/news/articles/202...demic-challenge

We all want vaccines to be made and given to everyone on earth safely and effectively. But if we're to read the articles thus far, none of them can give us a clear timeline when that can happen. Even with vaccines, gloves will still be needed. So just stick with your gloves stocks. Demand will not wane, not in the next 6 months.

The pandemic has been around for half a year. Despite some countries having been able to control the spread of it, many others are still struggling. This simply means that infections are not going to drop off drastically either

21/07/2020
local institute net bought 42m
local retail net bought 255m
foreign net sold 295m

Pharmaniaga is a distributor.
Supply will growth faster than demand.

Letting it ride ? Or cash out ?

My Duopharma only +50%

MOH is likely to buy vaccine for national program. How much they could make per shot? RM 10 for 30m vaccine?

why not lock first then rebuy

secure some profit first

There is no shortage of pharma plant that could produce vaccine under license. this announcement is more to boost up share price.
Many of o&g companies are still under restructuring.

Too high currently. There will be a correction later in afternoon.

Currently KLSE is dropping. Can collect some glove stocks on cheap later....

Top Glove is the biggest glove maker in the world. Pharma is what?

Used to be the monopoly that supplies of medicines to the health ministry in BN era

K1 has been an utter disappointment so far.