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UG Healthcare Corporation
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gregtan123
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03-Jun 08:40
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Just FYIUK needs further curbs to get COVID-19 under control, minister says
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gregtan123
Supreme |
12-Oct-2020 12:37
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China' s Qingdao orders city-wide COVID-19 testing following new infections.https://www.channelnewsasia.com/news/asia/china-new-covid-19-cases-qingdao-city-wide-testing-9-million-13260810?cid=FBcna |
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Onglaihuathuat
Member |
12-Oct-2020 11:40
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1.if you are using srs you will only be able to see this in your own banking or account that you use your srs here for. It should show the shares quantity eg if you are using dbs, your digibank will likely reflect there. vickers will not auto add this into their vickers web portal anymore.
2. if you are using cash or other means , you need to go into your cdp login to validate here instead as well which you have to validate this there
So if you decide to sell eg in vickers if your ug is reflected correctly in either cdp or your banking accoumt eg dbs , you can proceed to sell the shares like how you typically do in your normal case and vickers will just deduct accordimgly provided you have the share. Thus do make sure your shares are there and right quantity eg post split. If its not correct, you need to call your bank up.
p.s This happens to me as well which i am using srs and vickers here. I called in and asked and that was the response. I had since sold my ug healthcare and everything is now back.to normal. Waiting to enter again these few days :-)
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tsleec
Member |
12-Oct-2020 11:21
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I bought UG Healthcare via Vicker months ago, after split share my portfolio did not show UG Healthcare. it seems disappear anyone encounter this problem? do i need to call to Vicker? please advise |
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zzzz522010
Member |
12-Oct-2020 07:27
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And with the OBM model that UG has build, they could be able to maintain a good profit even after Covid. Those gloves would not even go back to pre covid pricing at the end consumer side. After prices has been raise this high, are supplies gonna reduce that low after covid? I don' t think so. Even if the manufacturer pricing reduce, but those distribution prices can stil maintain quite a healthy margin. Further UG has put in plan a capacity expansion plan with all this cash influx, it would probably nett off the reduction of the ASP with the increase in manufacturing capacity. We may get to hold UG even for the longer term post Covid. We need to evaluate quarter to quarter how the ASP would be at. GL to us long investors.
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Longtermer
Elite |
11-Oct-2020 14:31
Yells: "A disciplined investor is a wealthy investor" |
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Thanks for the link. Malaysia EPF very bullish over glove stocks! Looking at the table, UG has the lowest valuation among peers. More upside imho. Cheers.
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lsyiat
Veteran |
10-Oct-2020 22:15
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Can the glove stocks hold steady?
https://www.thestar.com.my/business/business-news/2020/10/10/can-the-glove-stocks-hold-steady |
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gregtan123
Supreme |
09-Oct-2020 19:05
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WHO reports record one-day rise in global coronavirus cases, up over 338,000The World Health Organisation (WHO) reported a record one-day increase in global coronavirus cases on Thursday (Oct 8), with the total rising by 338,779 in 24 hours led by a surge of infections in Europe. Europe reported 96,996 new cases, the highest total for the region ever recorded by the WHO. Global deaths rose by 5,514 to a total of 1.05 million. The previous WHO record for new cases was 330,340 on Oct 2. Britain at ' perilous moment' after 17,540 new Covid-19 cases reported Health minister Matt Hancock warned the United Kingdom was at a " perilous moment" as more than 17,540 new daily Covid-19 cases were recorded on Thursday (Oct 8), up by more than 3,000 from the day before. A further 77 people died after testing positive for the virus within 28 days, government data showed while the number of Covid-19 patients in hospitals in England rose to 3,044 from 2,944 on Wednesday, the highest figure since June 22. " We are seeing a definite and sustained increase in cases and admissions to hospital. The trend is clear, and it is very concerning," said Dr Yvonne Doyle, medical director for Public Health England. |
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zzzz522010
Member |
09-Oct-2020 12:48
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It is rare to have quite a good look into a company future earnings potential. | ||||
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nghonpo
Veteran |
09-Oct-2020 11:48
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Despite relentless attacks by different groups of BB and naysayers, some of those still holding UG are truly hardcore. Simple reason , they know what is the ultimate outcome. This type of opportunity is rare. Fortune favours the Brave.
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zzzz522010
Member |
09-Oct-2020 11:31
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fact is UG is gonna make tons of money and we are quite confident on it. you don' t always get more clearer future earnings compare to gloves now. |
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bryan2003
Member |
09-Oct-2020 10:43
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Despite the share price has increased few hundred %, based on the latest AR, non of the directors reduce their holding. In fact, some has increased their holding. This prove that the directors are confident with the future of the company. | ||||
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bryan2003
Member |
09-Oct-2020 10:36
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This counter is remained a healthcare counter which worthy for investor to look into it based on the reasons below.
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yamseng
Supreme |
09-Oct-2020 09:26
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yesterday hit $1 and pullback today just hit $1 and will break out immediate 113/114 coming |
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gregtan123
Supreme |
09-Oct-2020 09:24
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TWO KEY POINTS (A) Cultivating lasting demand In addition, the Group has also made further inroads in the Chinese market with the establishment of a new wholly-owned distribution company in Suzhou City, China. We believe that these expansions will enable the Group to leverage and further enhance economies of scale as we continue to cultivate demand for our &ldquo Unigloves&rdquo brand of disposable glove products through our entrenched distribution networks in key strategic markets and expand into neighbouring markets. (B) Delivering Sustainable Growth Delivering sustainable growth The heightened awareness for protection and hygiene amidst the global pandemic led to a surge in demand for disposable gloves, a segment that has typically been enjoying an average annual growth of approximately 8% over the past decade. The Malaysian Rubber Gloves Manufacturers Association (&ldquo MARGMA&rdquo ) estimates that global demand for disposable gloves would reach 330 billion pieces by end 2020, an increase of 25.5% over 263 billion pieces of gloves in 2019. Due to the sudden surge in global demand, the industry faced production capacity constraints resulting in longer lead time as production capacities can only be added gradually. This mismatch in demand and supply has inevitably raised the average selling prices of disposable gloves. The Group has always been taking a prudent approach to cultivate demand from our downstream distribution business and respond to the rise in demand with production capacity expansion. The global pandemic accelerated our capacity expansion plans as demand surged throughout our entrenched distribution networks from our own customer base. We believe that the demand and growth from our customer base will continue to deliver sustainable growth for the Group post-pandemic. |
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yamseng
Supreme |
09-Oct-2020 09:23
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next year profit estimated at $70million EPS around 11 to 12 cents TP $1.60 should be able to achieve within this month !! Huat ah |
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gregtan123
Supreme |
09-Oct-2020 09:20
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2nd sharing: Added 500million, running at Optimum! In the year under review, we added production capacity of 500 million pieces of gloves per annum in January 2019 and completed major modifications for some of our existing production lines in May 2020. The current installed production capacity of 2.9 billion pieces of gloves per annum has since been running at OPTIMUM efficiency. As the Group manages and operates both our upstream manufacturing and downstream distribution businesses, we are making sure our integrated supply chain works well for all our long term customers and end users, ensuring them adequate inventory to meet their needs. |
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yamseng
Supreme |
09-Oct-2020 09:20
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breaking 102/104 soon | ||||
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gregtan123
Supreme |
09-Oct-2020 09:13
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from annual report The global pandemic accelerated our capacity expansion plans as demand surged throughout our entrenched distribution networks from our own customer base. We believe that the demand and growth from our customer base will continue to deliver sustainable growth for the Group post-pandemic. |
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hotshot1411
Veteran |
09-Oct-2020 08:59
Yells: "Understand what you are trading. " |
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200k shares done at 0.99 already. | ||||
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