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lifeisgood Supreme	28-Nov-2021 20:09        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Block ALL, 一 刀 切 is the way to go! CheeryVGoh      ( Date: 28-Nov-2021 19:59) Posted: Israel blocked all countries. lifeisgood      ( Date: 28-Nov-2021 18:48) Posted: Some world leaders dont learn In Nov, Dec 2019, when Wuhan first reported covid, every country including USA blocked China. But they didn' t block each other. Then in 2020, Covid is in every country. fast fwd to now, every country blocks   the African continent. But they didn' t block each other. for example, Singapore VTL still wide open except for the 7 African countries. All the leaders said   was we are observing the situation closely. Every good trader will tell u sell first , ask question later. So for heaven' s sake, we should completely close our borders now from all countries and investigate omicron later, not when we r wide open. The urgency is to prevent omicron invasion immediately . The virus will detour and come in from other countries.
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CheeryVGoh Supreme	28-Nov-2021 19:59        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Israel blocked all countries. lifeisgood      ( Date: 28-Nov-2021 18:48) Posted: Some world leaders dont learn In Nov, Dec 2019, when Wuhan first reported covid, every country including USA blocked China. But they didn' t block each other. Then in 2020, Covid is in every country. fast fwd to now, every country blocks   the African continent. But they didn' t block each other. for example, Singapore VTL still wide open except for the 7 African countries. All the leaders said   was we are observing the situation closely. Every good trader will tell u sell first , ask question later. So for heaven' s sake, we should completely close our borders now from all countries and investigate omicron later, not when we r wide open. The urgency is to prevent omicron invasion immediately . The virus will detour and come in from other countries.
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sutiono Veteran	28-Nov-2021 19:13        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	BEIJING, Nov 28 (Reuters) - China could face more than 630,000 COVID-19 infections a day if it dropped its zero-tolerance policies by lifting travel curbs, according to a study by Peking University mathematicians. sutiono      ( Date: 28-Nov-2021 19:12) Posted: https://www.reuters.com/world/china/china-study-warns-colossal-covid-outbreak-if-it-opens-up-like-us-france-2021-11-28/
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sutiono Veteran	28-Nov-2021 19:12        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.reuters.com/world/china/china-study-warns-colossal-covid-outbreak-if-it-opens-up-like-us-france-2021-11-28/
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lifeisgood Supreme	28-Nov-2021 18:48        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some world leaders dont learn In Nov, Dec 2019, when Wuhan first reported covid, every country including USA blocked China. But they didn' t block each other. Then in 2020, Covid is in every country. fast fwd to now, every country blocks   the African continent. But they didn' t block each other. for example, Singapore VTL still wide open except for the 7 African countries. All the leaders said   was we are observing the situation closely. Every good trader will tell u sell first , ask question later. So for heaven' s sake, we should completely close our borders now from all countries and investigate omicron later, not when we r wide open. The urgency is to prevent omicron invasion immediately . The virus will detour and come in from other countries.
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msksmsks Supreme	28-Nov-2021 18:05        msksmsks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, Tmr the flood gate wl open wide wide. The glove stocks wl hog the limelight till vaccine is available which probably 3 mths later or even later if there really is. Don't trust the angmo co la. Talk big first to gain mkt share. Merck pill failed. Moderna vaccine not effective. What makes us think Pfizer can do wonders. But I certainly hope things can turn up better . For everybody's sake Cheers lifeisgood      ( Date: 28-Nov-2021 17:17) Posted: More than 10 days ago on 17 Nov, EPF has 70 million shares left. Yesterday, they probably accounted for most of the 30 million shares done n the market. Plus the last 10 days of selling, I imagine the 70 million shares held by EPF are probably by now mostly gone. So selling overhang is removed. RS UP big big tmr!
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sutiono Veteran	28-Nov-2021 18:02        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	EPF should have sold almost all of not all by now. lifeisgood      ( Date: 28-Nov-2021 17:17) Posted: More than 10 days ago on 17 Nov, EPF has 70 million shares left. Yesterday, they probably accounted for most of the 30 million shares done n the market. Plus the last 10 days of selling, I imagine the 70 million shares held by EPF are probably by now mostly gone. So selling overhang is removed. RS UP big big tmr!
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lifeisgood Supreme	28-Nov-2021 17:17        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	More than 10 days ago on 17 Nov, EPF has 70 million shares left. Yesterday, they probably accounted for most of the 30 million shares done n the market. Plus the last 10 days of selling, I imagine the 70 million shares held by EPF are probably by now mostly gone. So selling overhang is removed. RS UP big big tmr!
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Godwinlow Elite	28-Nov-2021 15:39        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	SYDNEY (AFP, REUTERS) -  Health officials in Australia said Sunday (Nov 28) they had detected the Covid-19 Omicron strain for the first time after testing two passengers from southern Africa who flew into Sydney.  The eastern state of New South Wales&rsquo health authority said it had conducted urgent genomic testing and confirmed the new strain was present in two passengers who landed in Sydney on Saturday.  Both passengers came from southern Africa and arrived in Australia on a Qatar Airways flight via Doha, NSW Health said in a statement.    They tested positive for Covid shortly after arriving, leading to an urgent analysis for possible infection by the heavily mutated Omicron strain.  " The two positive cases, who were asymptomatic, are in isolation in the special health accommodation. Both people are fully vaccinated," NSW Health said.  Another 12 passengers from southern Africa in the same flight did not test positive for Covid but have been placed in quarantine, it said.        ST Asian Insider: Malaysia Edition Understand Malaysia developments with bureau chief Shannon Teoh and team in weekly newsletter   Sign up By signing up, you agree to our  Privacy Policy  and  Terms and Conditions. About 260 passengers and crew on the plane have also been told to isolate, the health authority said. Australia imposed new restrictions on Saturday on people who have been to nine southern African countries, as the highly infectious Omicron variant raises concerns about another wave of the pandemic. Britain, Germany, Italy, the Czech Republic and Israel  detected Omicron cases on Saturday  as more nations imposed restrictions on travel from southern Africa. New Zealand has announced fresh measures from Sunday evening, Radio New Zealand reported. Covid-19 Response Minister Chris Hipkins said late on Saturday that only New Zealand citizens will be allowed to travel into the country from the nine southern African nations, according to the news service. Citizens would be required to stay in managed isolation for a full 14 days, as well as undergo testing, he was quoted as saying. Australia early this month  eased its international border restrictions  for the first time during the pandemic, allowing fully vaccinated residents to return to the country without quarantine after higher vaccination levels. Australia had largely stamped out infections for most of this year until an outbreak of the highly infectious Delta variant in late June spread rapidly across its east. About 205,000 cases and 1,985 deaths have been recorded so far, lower than many other countries in the developed world.
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Longtermer Elite	28-Nov-2021 15:18        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Forumer Ben Tan summary of what we know so far about the Omicron variant: Quite detailed . Check this out.. https://bentanmy.com/omicron-variant/
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Godwinlow Elite	28-Nov-2021 15:11        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Probably DBS analysts is right. TP of $1.2 Godwinlow      ( Date: 28-Nov-2021 15:11) Posted: 9-month results above expectations.  Riverstone reported 3Q21 net profit of RM266.4m (+49% y-o-y, -49% q-o-q) on a 35% y-o-y increase (-34% q-o-q) in revenue. The 3Q21 gross margin came in at 54.7%, vs 69.6% in 2Q21. For the 9-month period, net profit of RM1,307.1m accounts for 97% of our full-year projections, above expectations.  Demand for healthcare gloves still firm but ASP weaker.  Demand for the group&rsquo s healthcare (HC) gloves has continued to grow despite the pandemic moving into the endemic phase in many parts of the world. The ASP, however, has begun to normalise progressively in 3Q21 as major distributors have taken a wait-and-see approach for glove prices to stabilise. For the December period, customers have resumed their orders. Hence, demand for 1Q22 is still expected to be firm.  Strong demand for cleanroom gloves.Demand for the group&rsquo s high-tech cleanroom (CR) gloves remains robust, driven by a sustained growth in orders from the group&rsquo s long-term customers within the electronics, semiconductors, batteries, sensors and lenses manufacturers. Some orders from the backlog in 3Q21 were not fulfilled due to the Movement Control Order (MCO) and also the 10-day closure of the CR plant due to COVID.  Expect firmer CR price vs HC.  The ASP for CR gloves is still relatively stable, hovering around the US$100-US$120 range since the beginning of this year. This could be due to the tight supply and also higher barriers of entry. Furthermore, during the pandemic, some of Riverstone&rsquo s competitors in the CR space have switched to the production of HC gloves due to the strong surge in the ASP for HC.  For the HC gloves, the ASP has plunged to about US$40 per 1,000 pieces in October, from US$90-100 during the April to June 2021 period. The average ASP for 3Q21 was about US$69. For the December delivery, the ASP is US$33-35 per 1,000 pieces. We expect prices to stabilise at around the US$30 range in 2022.  Delay in capacity expansion plans.  The group faced temporary delays for the Phase 7 expansion plans, as a result of the disruption to construction and other related works caused by the MCO in Malaysia. Hence, the additional 1.5 billion pieces of new production capacity will only come online by 1Q22 instead of by end of 2021. The group is preparing for Phase 8 expansion plans, which is slated to add up to 1.5 billion pieces of gloves to bring the total annual production capacity to c.13.5 billion by FY2022/23.  Significant exposure to the cleanroom space a key differentiating factor among peers, and to provide earnings resiliency for sustainable growth.  With the significant drop in the ASP for HC but the stable CR price, Riverstone stands out among its peers as the market leader in the high-end cleanroom space. CR gloves currently accounts for c.25% in terms of production volume and about 40% out of the total revenue and > 50% in terms of earnings. Earnings from the CR segment accounted for c.70% of total earnings pre-COVID. The CR segment is expected to provide earnings resiliency for sustainable growth.  New products and new markets for income diversification.  For longer-term sustainable growth, the group continues to focus on developing new and innovative products to diversify its income streams by capturing new market segments, namely in the food processing, pharmaceutical as well as surgical glove segments.   Strong cash position, expect higher dividend.  We could expect a higher dividend for FY21 as cash and cash equivalents surged 170% to RM1.8 billion as at 30 September 2021, from RM648.9m as at end of 2020. In FY20, the group paid a total of 22 sen, or a payout ratio of 50.4%, vs 42% in FY19. The group has already paid an interim of 10 sen DPS in October. We have raised our dividend payout ratio projection to 50%, similar to last year, up from 35% previously. The DPS for FY21 works out to 49 sen (including special DPS).  Raised FY21 earnings but trimmed that of FY22F on higher tax rate.  We have raised FY21F earnings by 9% on a slightly higher ASP and margins. For FY22F, the 9% cut in earnings is mainly to account for the one-off prosperity tax. Our TP is lowered to S$1.20 (previously S$1.28), still pegged to its four-year average PE of c.10x, on blended FY22F and FY23F earnings to reflect a more normalised environment. Maintain BUY. Godwinlow      ( Date: 28-Nov-2021 15:10) Posted: Riverstone Holdings: 9-month results above expectation as demand remains strong   DBS Group Research10 Nov 2021 Key summary points 9-month results above expectation as demand remains strong Expect firmer cleanroom gloves price vs healthcare New products and new markets for income diversification cleanroom segment to provide earnings resiliency and sustainable growth Maintain BUY with lower TP of S$1.20 expect bumper dividend
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Godwinlow Elite	28-Nov-2021 15:11        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	9-month results above expectations.  Riverstone reported 3Q21 net profit of RM266.4m (+49% y-o-y, -49% q-o-q) on a 35% y-o-y increase (-34% q-o-q) in revenue. The 3Q21 gross margin came in at 54.7%, vs 69.6% in 2Q21. For the 9-month period, net profit of RM1,307.1m accounts for 97% of our full-year projections, above expectations.  Demand for healthcare gloves still firm but ASP weaker.  Demand for the group&rsquo s healthcare (HC) gloves has continued to grow despite the pandemic moving into the endemic phase in many parts of the world. The ASP, however, has begun to normalise progressively in 3Q21 as major distributors have taken a wait-and-see approach for glove prices to stabilise. For the December period, customers have resumed their orders. Hence, demand for 1Q22 is still expected to be firm.  Strong demand for cleanroom gloves.Demand for the group&rsquo s high-tech cleanroom (CR) gloves remains robust, driven by a sustained growth in orders from the group&rsquo s long-term customers within the electronics, semiconductors, batteries, sensors and lenses manufacturers. Some orders from the backlog in 3Q21 were not fulfilled due to the Movement Control Order (MCO) and also the 10-day closure of the CR plant due to COVID.  Expect firmer CR price vs HC.  The ASP for CR gloves is still relatively stable, hovering around the US$100-US$120 range since the beginning of this year. This could be due to the tight supply and also higher barriers of entry. Furthermore, during the pandemic, some of Riverstone&rsquo s competitors in the CR space have switched to the production of HC gloves due to the strong surge in the ASP for HC.  For the HC gloves, the ASP has plunged to about US$40 per 1,000 pieces in October, from US$90-100 during the April to June 2021 period. The average ASP for 3Q21 was about US$69. For the December delivery, the ASP is US$33-35 per 1,000 pieces. We expect prices to stabilise at around the US$30 range in 2022.  Delay in capacity expansion plans.  The group faced temporary delays for the Phase 7 expansion plans, as a result of the disruption to construction and other related works caused by the MCO in Malaysia. Hence, the additional 1.5 billion pieces of new production capacity will only come online by 1Q22 instead of by end of 2021. The group is preparing for Phase 8 expansion plans, which is slated to add up to 1.5 billion pieces of gloves to bring the total annual production capacity to c.13.5 billion by FY2022/23.  Significant exposure to the cleanroom space a key differentiating factor among peers, and to provide earnings resiliency for sustainable growth.  With the significant drop in the ASP for HC but the stable CR price, Riverstone stands out among its peers as the market leader in the high-end cleanroom space. CR gloves currently accounts for c.25% in terms of production volume and about 40% out of the total revenue and > 50% in terms of earnings. Earnings from the CR segment accounted for c.70% of total earnings pre-COVID. The CR segment is expected to provide earnings resiliency for sustainable growth.  New products and new markets for income diversification.  For longer-term sustainable growth, the group continues to focus on developing new and innovative products to diversify its income streams by capturing new market segments, namely in the food processing, pharmaceutical as well as surgical glove segments.   Strong cash position, expect higher dividend.  We could expect a higher dividend for FY21 as cash and cash equivalents surged 170% to RM1.8 billion as at 30 September 2021, from RM648.9m as at end of 2020. In FY20, the group paid a total of 22 sen, or a payout ratio of 50.4%, vs 42% in FY19. The group has already paid an interim of 10 sen DPS in October. We have raised our dividend payout ratio projection to 50%, similar to last year, up from 35% previously. The DPS for FY21 works out to 49 sen (including special DPS).  Raised FY21 earnings but trimmed that of FY22F on higher tax rate.  We have raised FY21F earnings by 9% on a slightly higher ASP and margins. For FY22F, the 9% cut in earnings is mainly to account for the one-off prosperity tax. Our TP is lowered to S$1.20 (previously S$1.28), still pegged to its four-year average PE of c.10x, on blended FY22F and FY23F earnings to reflect a more normalised environment. Maintain BUY. Godwinlow      ( Date: 28-Nov-2021 15:10) Posted: Riverstone Holdings: 9-month results above expectation as demand remains strong   DBS Group Research10 Nov 2021 Key summary points 9-month results above expectation as demand remains strong Expect firmer cleanroom gloves price vs healthcare New products and new markets for income diversification cleanroom segment to provide earnings resiliency and sustainable growth Maintain BUY with lower TP of S$1.20 expect bumper dividend
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Godwinlow Elite	28-Nov-2021 15:10        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Riverstone Holdings: 9-month results above expectation as demand remains strong   DBS Group Research10 Nov 2021 Key summary points 9-month results above expectation as demand remains strong Expect firmer cleanroom gloves price vs healthcare New products and new markets for income diversification cleanroom segment to provide earnings resiliency and sustainable growth Maintain BUY with lower TP of S$1.20 expect bumper dividend
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PQTPQK Supreme	28-Nov-2021 15:08        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope it will not gap up too much tomorrow... so still can buy.. Godwinlow      ( Date: 28-Nov-2021 14:55) Posted: The world needs more gloves!
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Godwinlow Elite	28-Nov-2021 14:55        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	The world needs more gloves!
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Godwinlow Elite	28-Nov-2021 14:53        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even infect recovered from infection and vaccinated people Godwinlow      ( Date: 28-Nov-2021 14:50) Posted: WASHINGTON (BLOOMBERG) - Dr Anthony Fauci, President Joe Biden' s chief medical adviser, said  Covid-19' s Omicron variant  may well already have arrived in the United States. " I would not be surprised if it is," Dr Fauci said on NBC' s " Weekend Today" on Saturday (Nov 27). He said that the US has not detected the new variant yet, but when a virus shows this degree of transmissibility, it " almost invariably ultimately is going to go essentially all over" , he said.   Travel restrictions imposed by Mr Biden on South Africa and seven other countries in the region are a way to buy time for the US to prepare defences against the variant and should not lead to panic, Dr Fauci said. Questions about the Omicron variant include whether it causes disease that is more serious than infections with the earlier delta variant, he said. While it is conceivable that the latest variant may diminish vaccine protection against Covid-19, existing vaccination may be able to contain it, Dr Fauci said.   Mr Biden, who is at Nantucket for the long Thanksgiving holiday weekend, has been briefed on the latest and his Covid-19 response team is in regular contact with health officials around the world, according to a White House official. " It seems to have spread rather rapidly in South Africa," Dr Fauci said. " Its ability to infect people who have recovered from infection and even people who have been vaccinated makes us say this is something you have to pay really close attention to and be prepared for something that' s serious," he added.
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Godwinlow Elite	28-Nov-2021 14:50        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	WASHINGTON (BLOOMBERG) - Dr Anthony Fauci, President Joe Biden' s chief medical adviser, said  Covid-19' s Omicron variant  may well already have arrived in the United States. " I would not be surprised if it is," Dr Fauci said on NBC' s " Weekend Today" on Saturday (Nov 27). He said that the US has not detected the new variant yet, but when a virus shows this degree of transmissibility, it " almost invariably ultimately is going to go essentially all over" , he said.   Travel restrictions imposed by Mr Biden on South Africa and seven other countries in the region are a way to buy time for the US to prepare defences against the variant and should not lead to panic, Dr Fauci said. Questions about the Omicron variant include whether it causes disease that is more serious than infections with the earlier delta variant, he said. While it is conceivable that the latest variant may diminish vaccine protection against Covid-19, existing vaccination may be able to contain it, Dr Fauci said.   Mr Biden, who is at Nantucket for the long Thanksgiving holiday weekend, has been briefed on the latest and his Covid-19 response team is in regular contact with health officials around the world, according to a White House official. " It seems to have spread rather rapidly in South Africa," Dr Fauci said. " Its ability to infect people who have recovered from infection and even people who have been vaccinated makes us say this is something you have to pay really close attention to and be prepared for something that' s serious," he added.
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Longtermer Elite	28-Nov-2021 14:48        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	EPF is selling many counters in Bursa and not just RS. Once they stop the sell program, RS price will shoot higher to catch up with TG and UG.. No contra.. play mid to longer term.   lifeisgood      ( Date: 28-Nov-2021 13:59) Posted: EPF has less than 70 mio shares to sell. Can be soaked up easily. Wind22i      ( Date: 28-Nov-2021 13:49) Posted: The BB may reverse gear and buy once they see all gloves stocks go up and they collected enough.. if they sell at low now (near 2 year low) , does not look very smart on their part..they shld push up to a certain level to get higher price :)
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lifeisgood Supreme	28-Nov-2021 13:59        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	EPF has less than 70 mio shares to sell. Can be soaked up easily. Wind22i      ( Date: 28-Nov-2021 13:49) Posted: The BB may reverse gear and buy once they see all gloves stocks go up and they collected enough.. if they sell at low now (near 2 year low) , does not look very smart on their part..they shld push up to a certain level to get higher price :)
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des_khor Supreme	28-Nov-2021 13:53        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	The shorts so lucky still manage to cover back such low price !
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