UGHealthcare    Last:0.084    -0.002

Gloves and more

Will see 0.80 soon

 

Shortish Good luck

https://www.channelnewsasia.com/news/business/gamestop-wall-street-malaysia-glove-stocks-top-glove-bursabets-14069986

Sgvale      ( Date: 29-Jan-2021 13:37) Posted: Not so sure. Market weak. Short sell maybe Better albeniz      ( Date: 29-Jan-2021 13:15) Posted: Sure or not

 

Profit margin of 50% lifts Supermax 2Q net profit to record RM1.06 bil, declares 3.8 sen dividend

www.theedgemarkets.com/article/profit-margin-50-lifts-supermax-2q-net-profit-record-rm106-bil-declares-38-sen-dividend

 

Exited with 1.5 pip gain

 

Not so sure. Market weak. Short sell maybe Better

albeniz      ( Date: 29-Jan-2021 13:15) Posted: Sure or not? Sgvale      ( Date: 29-Jan-2021 13:12) Posted: 0.765 today

 

Sure or not?

Sgvale      ( Date: 29-Jan-2021 13:12) Posted: 0.765 today

 

0.765 today

 

https://www.bloomberg.com/news/articles/2021-01-29/gamestop-mania-spreads-half-a-world-away-to-target-glove-makers

 

New Covid variants are going to hit us pretty hard,says Dr. Peter Hotez

www.cnbc.com/2021/01/28/new-covid-variants-are-going-to-hit-us-pretty-hard-says-dr-peter-hotez.html

 

yeah....lets huat

Shifu8888      ( Date: 29-Jan-2021 09:38) Posted: $0.80 is the show.

 

$0.80 is the show.

 

haha... what show?
dream long long...

 

Let the show begin...

 

Today star. Grab

 

SG version - https://www.reddit.com/r/sgxbets/

 

https://www.theedgemarkets.com/article/inspired-gamestop-malaysian-retail-investors-look-prop-medical-glove-shares

Malaysian retail investors are looking to buy stocks of medical glove makers to drive up their share prices and squeeze out short sellers, drawing inspiration from the recent rally at US firm GameStop Corp.

 

Inspired by GameStop surge, &lsquo BursaBets&rsquo starts drive for local glovemakers&rsquo shares in a country where short-selling is regulated

www.malaymail.com/news/malaysia/2021/01/28/inspired-by-gamestop-surge-bursabets-starts-drive-for-local-glovemakers-sha/1944916

 

Didn't get. Q lower tomorrow

Sgvale      ( Date: 28-Jan-2021 15:37) Posted: Q 0.695 try

 

Malaysia reports 4,094 new COVID-19 cases, 10 deaths as authorities ease some restrictions

www.channelnewsasia.com/news/asia/covid-19-malaysia-4094-new-cases-10-deaths-mco-restrictions-14061630

Vietnam reports first COVID-19 outbreak in 55 days, highest single-day tally

www.channelnewsasia.com/news/asia/vietnam-covid-19-first-locally-transmitted-cases-uk-variant-14058428

 

The company will be reporting their half year results next week (about 1 week earlier then usual).
Believe it will be better than the last qtr which was very good. Check it out their last results.
Landscape for glove demands is still reported to exceed supply for the next 1 to 2 years hence visibility for future earnings are likely to stay elevated for a while.

Current mkt is volatile and price drop is likely to be due to overall weak sentiment created by Dow 633 pts drop last night and the negative Dow futures today.

Note that UG and all medical counters are trading well below their last year highs and I believed they are deeply oversold. Results are coming out soon and hope it will reverse their trend. Dyodd.

 

Abe2021      ( Date: 28-Jan-2021 17:46) Posted: Longtermer, may I know why the prices are coming down and you said short covering soon ? Before you said the coy is making good money ... any changes in the landscape?