Tutuboi
2021-03-03

$TOP GLOVE CORPORATION BHD(BVA.SI)$Fellow friends, I’m not in any position for TGor any other medical related stocks nor I’m shorting them. The trend has changed with more and more vaccines being created, rolling out to many countries. 

No doubt the results are good, but has peaked and will not be better no growth or whatsoever. Don’t fight the trend, cut the loss andreinvest into post COVID plays such as SIA or SCI, or Fintech like Nanofilm or Ifast.

Hate to say this but it’s gonna take another huge pandemic for the gloves and medical supplies companies to hit new highs again, and it’s probably gonna take another 100 years. 

I know it’s painful for most holding at high, Idid once for medtecs too, but I sold and went into semiconductor, now semicon is pulling back, we shall see again.

$MEDTECS INTERNATIONAL CORP LTD(546.SI)$$RIVERSTONE HOLDINGS LIMITED(AP4.SI)$

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Comments

  • jervis43
    2021-03-03
    jervis43
    With the increasing public awareness on hygiene, the demand of gloves will remain solid. No doubts it won't hit a new high but definitely glove companies will still be able to generate constant profit
    • jervis43ReplyTutuboi: 
      Erm... I trust the demand will be higher than pre-pandemic period bcoz of the increasing awareness. Just my two cents.
    • TutuboiReplyjervis43: 
      For sure, more self awareness and vaccinating will require gloves too, but market forward looking. counter will be a good target for the sharks outside on every bounce ?
    • Tutuboi: 
      If you rem COSCO was once $8 counter until the crisis, more than a decade before. Everyone thought will recover, Until they sold their shipping cat, and now it remains a penny share?
    • Tutuboi: 
      And youre right! Gloves still needed defintely everywhere. But back to pre-pandemic demand, sad to say same goes for the prIce too
  • 666huat666
    2021-03-03
    666huat666
    This is the Asia most shorted stock and im sure will rock the way to the moon again. [开心]
  • Tutuboi
    2021-03-03
    Tutuboi
    Yup SCI on potential clean energy play, market is forward looking for aviation industry. Once Singapore is fully vaccinated we should see near term boarders open starting with neighbourhood countries.
  • cocotrades
    2021-03-03
    cocotrades
    Did you hear Malaysian news? Where politicians are getting vaccinated first instead of frontliners? Their current infection rate is 2.4k now not including the unreported ones on the outskirt villages.
  • cocotrades
    2021-03-03
    cocotrades
    SCI has mid term potential playout, however SIA has very long effect for a proper rebound, they are so deep in debt @ an estimate over 13billion.
    Just my two cents, the market is always irrational.
  • Terry1989
    2021-03-03
    Terry1989
    There are more that 4,000 strains of corona virus worldwide. Vaccine  launch does not mean will protect against all strains
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