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 Glove Discussion, buy red sell green

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thxxht
post Nov 17 2020, 09:31 AM

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new Moderna test results came out at 94.5% effective, i think once an actual vaccine gets delivered to the public, glove stocks are done.
real55555
post Nov 17 2020, 10:50 AM

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If have extra funds continue to collect, once the hype is over it will go back up. Gloves counter will not die.

This covid has changed the SOP of health departments in a lot of countries, therefore gloves demand will not reduce in future. Only concern is new players coming in and taking part of the market share.
AhBoy~~
post Nov 17 2020, 11:34 AM

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QUOTE(real55555 @ Nov 17 2020, 10:50 AM)
If have extra funds continue to collect, once the hype is over it will go back up. Gloves counter will not die.

This covid has changed the SOP of health departments in a lot of countries, therefore gloves demand will not reduce in future. Only concern is new players coming in and taking part of the market share.
*
SOP change or not, business as business - glove company order already full taken until end of next year so it is still a money making business full year ahead
even if vacinne came out, I don't healthcare personal provide care and vacinne without glove anyway

current down trend just another goreng game manipulate by certain parties, if not how they make money from the stock market?
frostfrench
post Nov 17 2020, 12:41 PM

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Will hold my Supermax and Topglove
Will hold my breath

user posted image
Bendan[520]
post Nov 17 2020, 02:07 PM

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Are you guys gonna average down still? I'd stay away for now till theres some positive sentiment coming back in.
Eurobeater
post Nov 17 2020, 04:16 PM

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QUOTE(Bendan520 @ Nov 17 2020, 02:07 PM)
Are you guys gonna average down still? I'd stay away for now till theres some positive sentiment coming back in.
*
Just did. The gloves seem to be rebounding slightly. Not sure why, but definitely is not restricted to TG alone.

I forsee maybe one or two positive sentiments about these stocks will come in over the next few weeks or months, which should push prices back to the original target prices set just last month. Once that happens, I'll close all my glove position and exit entirely. It's time to stop speculating lol
icemanfx
post Nov 17 2020, 04:18 PM

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QUOTE(Eurobeater @ Nov 17 2020, 04:16 PM)
Just did. The gloves seem to be rebounding slightly. Not sure why, but definitely is not restricted to TG alone.

I forsee maybe one or two positive sentiments about these stocks will come in over the next few weeks or months, which should push prices back to the original target prices set just last month. Once that happens, I'll close all my glove position and exit entirely. It's time to stop speculating lol
*
Likely topping up to avoid margin call.

Taikor.Taikun
post Nov 17 2020, 04:39 PM

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QUOTE(Eurobeater @ Nov 17 2020, 04:16 PM)
Just did. The gloves seem to be rebounding slightly. Not sure why, but definitely is not restricted to TG alone.

I forsee maybe one or two positive sentiments about these stocks will come in over the next few weeks or months, which should push prices back to the original target prices set just last month. Once that happens, I'll close all my glove position and exit entirely. It's time to stop speculating lol
*
laugh.gif

U will then witness in disbelief all the glove counters blast off w falcon heavy rocket boosters brows.gif
Eurobeater
post Nov 17 2020, 06:38 PM

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QUOTE(Taikor.Taikun @ Nov 17 2020, 04:39 PM)
laugh.gif

U will then witness in disbelief all the glove counters blast off w falcon heavy rocket boosters brows.gif
*
We shall see lol. For me better to miss opportunity than to lose money tongue.gif
nexona88
post Nov 18 2020, 09:51 AM

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Morderna vaccine is really game changer...
It's easier to have it's storage... Normal chilling is enough.. no needed extremely special cold storage...

Glove glorious days are numbered... Watched out
honsiong
post Nov 18 2020, 03:26 PM

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TBH their manufacturing process doesn't feel that sanitary either, they didn't have mask back then.



See this, even during covid their masks don't fully cover their nose. I won't be surprised if their gloves are tested positive for covid abroad, it's going to be scathing for Top Glove.
icemanfx
post Nov 18 2020, 09:21 PM

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If the F.D.A. authorizes the two-dose vaccine, Pfizer has said that it could have up to 50 million doses available by the end of the year, and up to 1.3 billion by the end of next year.
ry8128
post Nov 18 2020, 09:22 PM

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QUOTE(icemanfx @ Nov 18 2020, 09:21 PM)
If the F.D.A. authorizes the two-dose vaccine, Pfizer has said that it could have up to 50 million doses available by the end of the year, and up to 1.3 billion by the end of next year.
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1.3 only? So little? Meaning it need 5-6 years to vaccinate everyone in the world? Aiya.
AVFAN
post Nov 18 2020, 09:36 PM

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QUOTE(honsiong @ Nov 18 2020, 03:26 PM)
See this, even during covid their masks don't fully cover their nose. I won't be surprised if their gloves are tested positive for covid abroad, it's going to be scathing for Top Glove.
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u can learn something more if u search and read to understand the whole manufacturing process, esp the stage "chlorination".
icemanfx
post Nov 18 2020, 10:08 PM

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QUOTE(ry8128 @ Nov 18 2020, 09:22 PM)
1.3 only? So little? Meaning it need 5-6 years to vaccinate everyone in the world? Aiya.
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Pfizer is one of vaccine manufacturer and there is options to outsource.
TScliffekent
post Nov 19 2020, 11:54 PM

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QUOTE(icemanfx @ Nov 18 2020, 10:08 PM)
Pfizer is one of vaccine manufacturer and there is options to outsource.
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When u can earn all, why outsource?

Vaccine is all about business.
knumskul
post Nov 20 2020, 02:16 PM

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For those still deciding if glove counters still worth it, this article offers some insight on demand/supply in future.

https://www.theedgemarkets.com/article/covi...ces-gloves-year

QUOTE(AVFAN @ Nov 18 2020, 09:36 PM)
u can learn something more if u search and read to understand the whole manufacturing process, esp the stage "chlorination".
*
He does have a valid concern though. Not all gloves go through the chlorination process, only chlorinated gloves.
Taikor.Taikun
post May 9 2024, 07:50 PM

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Glove is back!

Read that glove is needed in manufacturing, not just medical, drives up demand n prices, china’s glove producers are in overcapacity, buyers have to get them from Msia glove makers.

Key target is Kossan n Hartalega
boyboycute
post May 11 2024, 08:36 PM

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U must ask Sifu first

Glove still can buy AHH?

This post has been edited by boyboycute: May 11 2024, 08:36 PM
Singh_Kalan
post May 11 2024, 09:51 PM

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Buy when interest is low.
Sell when everyone get excited.

It never get wrong.
Do the reverse, prepare to get whacked.

This post has been edited by Singh_Kalan: May 11 2024, 09:52 PM

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