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UGHealthcare
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Construction Material & Bio-Medical Outsourcing
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Everyday
Elite |
13-Aug-2021 11:30
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Now 0.560...as at 11.27am....up 0.5cents...looks like fluctuating slowly....Bid at 0.560 for 238k shares and Ask at 0565 for 117k shares | ||||
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Richardlai
Master |
13-Aug-2021 11:02
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All the profits these Glove companies make are being disregarded ! Perhaps some view them as one off gains. | ||||
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Midtermer
Master |
13-Aug-2021 10:52
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Ug reporting full year results so they have until end Aug to do so.
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Everyday
Elite |
13-Aug-2021 10:08
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Open low at 0.560 ater a long pause and went down to 0.555  as at  10.08.am...with no news  of financial result...guess there is muted interest.. At a bargain price  0.555...vol went up to  486k... |
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Richardlai
Master |
12-Aug-2021 15:07
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Seems new entrants to the glove market too face problems like Aspen. But they should be able to resolve the problems so long as they have the funds to back them up. China companies can churn out large volumes and drive the price down. But it should be well aborbed as presently the demand is still strong as the Delta variant is running out of control. New medical and safety standards will create greater demand for gloves in future.  | ||||
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Everyday
Elite |
12-Aug-2021 13:25
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Everyday
Elite |
12-Aug-2021 13:09
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After lunch up fr 0.570 to  0.575 as at 1.09pm.Same as opening.Vol 635k | ||||
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Longtermer
Elite |
12-Aug-2021 13:04
Yells: "A disciplined investor is a wealthy investor" |
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Demand for gloves to stay strong KUALA LUMPUR, 12 August 2021 The Malaysian rubber industry, which recorded exceptional performance in the first half of 2021, is expected to maintain its momentum and reach a new high this year as demand for gloves is projected to stay strong. Malaysian Rubber Council (MRC) chief executive officer Nurul Islam Mohamed Yusoff said the performance of rubber gloves is expected to remain robust despite the ramp up in global vaccination levels. The threat of the Covid-19 virus remains prevalent with the emergence of new variants whilst effects from vaccination programmes on sustaining low cases remain inconclusive, even in advanced countries such as Europe. The MRC estimates the global demand for rubber gloves in volume terms to maintain double-digit growth of between 12% and 15% in 2021, he said in a statement yesterday. Nurul Islam said the global per capita consumption of rubber gloves is expected to increase to 25 pairs in 2021. He said this will be driven by higher usage of gloves in major Malaysian export markets such as the US and Europe, as well as large emerging markets particularly in Asia. The country&rsquo s rubber glove industry will maintain its positive momentum and exports are expected to reach a new high for the full year of 2021. As the Covid-19 pandemic continues, Nurul Islam said the MRC remains resolute to supporting the Malaysian government and the rubber industry as a whole, whilst remaining cautiously optimistic. This has kept the MRC on its toes and it is currently looking to future-proof its strategies by pursuing innovation with continuous emphasis on efficiency. As the MRC navigates the challenges and uncertainties posed by the ongoing Covid-19 pandemic, we will continue to intensify efforts to strengthen our resiliency. We also strive to deliver better services while doing it more efficiently than before, he said. The Malaysian rubber industry extended its exceptional performance with exports growing by 150% to RM44.43bil in the first half of 2021, compared with RM17.77bil in the previous corresponding period. The downstream rubber products exports, making up the bulk 89.7% of the total rubber industry exports, increased by 180.2% driven by strong performance in the latex goods in particular gloves products, said Nurul Islam. He added that latex goods such as rubber gloves, latex threads and condoms recorded an increase of 200.1%, attributable to the Covid-19 pandemic. In the first half of 2021, latex goods accounted for 93.9% of the exports of rubber products, while dry rubber products accounted for the remaining 6.1%. Gloves products remained the largest export income churner for the rubber industry. Comprising mainly medical gloves, the gloves sub-sector expanded to more than three-folds or by 210.2% to RM36.54bil in the first half of 2021, said Nurul Islam.   |
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Longtermer
Elite |
12-Aug-2021 12:55
Yells: "A disciplined investor is a wealthy investor" |
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Bursa gloves are moving back up yesterday and today. Need patience..   |
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Everyday
Elite |
12-Aug-2021 12:03
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Drop to  0.570 as at 12pm lunch time. 
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Richardlai
Master |
12-Aug-2021 11:56
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Most of the glove stocks are making good money but the share prices are underperforming ! | ||||
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Everyday
Elite |
12-Aug-2021 10:37
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Now 0.580 as at 10.37am....up 0.5 cents. Vol 330k
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Richardlai
Master |
12-Aug-2021 10:26
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Yes, a lot of traders do not want me to buy cheaper than them. haha | ||||
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Everyday
Elite |
12-Aug-2021 10:20
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Volume jumped to 223k as at 10.20am. Mostly changed hands at 0.575 and about 10k at 0.570. Now at 0.575 | ||||
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Richardlai
Master |
12-Aug-2021 09:49
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Malybe I will pick some at .56 if it drops further before the results. | ||||
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Everyday
Elite |
12-Aug-2021 09:36
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Open 0.575 and now still 0.575 as at 9.35am.Vol 50.8k. Financial result maybe around 23rd or 24th Aug....if based on past records....last year was 11th Aug..only one time.   |
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Everyday
Elite |
11-Aug-2021 17:18
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Opened at 0.580 and closed at 0.575...down 0.5 cents.Vol 626k. AS of 5.15pm no announcement yet on release on Financial result. Maybe anytime fr now onwards....best wishes to all stake holders |
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Richardlai
Master |
11-Aug-2021 16:30
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I think investors not committing any funds until they see the results .... so it is drifting downwards. Maybe due to covid they need more time to close the accounts and decide on a FAT dividend haha ! | ||||
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grateful
Senior |
11-Aug-2021 11:50
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Wait for the announcement on the notification of results release to know the exact date of results announcement. They always do that before the results announcement.  https://links.sgx.com/1.0.0/corporate-announcements/I6Z8S2JQ753UHKPG/122c8cc3bbd216c46f923acfd7bc1de003990e78732667ecdf1e9114e2578b6b 
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Everyday
Elite |
11-Aug-2021 09:58
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Open 0.580....down 0.5 cents fr yesterday. Nothing exciting. Now still at 0.580 as at 9.58am.. Low  Vol  47.8k.  | ||||
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