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BOMBSHELL – 10% OF WORLD POPULATION OR 780 MILLION PEOPLE MAY ALREADY HAVE COVID-19 – MORE THAN 20 TIMES OF THE CURRENT CONFIRMED CASES: WORLD HEALTH ORGANISATION MAKES SHOCK REVELATION
Politics | October 7, 2020 by | 0 Comments
If you think the current Coronavirus infections are bad, wait until you hear the “best estimates” from WHO. Mike Ryan, the World Health Organization’s emergency operations chief, told the global agency’s executive board on Monday – “Our current best estimates tell us that about 10% of the global population may have been infected by this virus,”
The estimate means based on the current world population of 7.8 billion people, about 780 million people may have already infected with Covid-19. That’s certainly more than the 35.2 million cases reported today. If it’s true that 1 in 10 people worldwide have had the virus, it also means the actual number on the ground is more than 20 times of the official statistics.
Flanked by his boss, WHO Director-General Tedros Adhanom Ghebreyesus, Dr. Michael Ryan was speaking to a special session of the WHO’s 34-member executive board when he said the latest figures vary from urban to rural – “This varies depending on the country. It varies from urban to rural. It varies between different groups,”
07/10/2020 12:02 PM
Top Revenue,Top Profit,Top Dividend,Top Growth,Top Capacity,Top Boss,Top Ambition
- It's the only company with the largest capacity of 85 billion glove per annum
(more than 2.2x Harta, 3.5x Supermax, 2.5x Kossan, 2.6x Sri Trang).
Note: Others not mentioned are too small, like a drop of ink in a glass.
- Whoever has the largest capacity wins. Everyone can qualify this statement.
- Though it may not have the highest ASP, the GAP is narrowing in the month of Sept(20% hike),Oct(20%hike)
-Don't be fool by the some rival glove producers that claim the highest ASP. THAT IS SPOT PRICE. [That's why the profit after tax is not reflecting the ASP price because it has LOW CAPACITY for SPOT PRICE]
- For Topglove capacity of 85 billion currently, it has MORE than 4 billion capacity every quarter for SPOT PRICE.
This coming quarter(2020-DEC)will reflect more than 5 billion capacity(according to Topglove:30% capacity) every quarter for SPOT PRICE.
- Tan Sri Lim says work is hobby. Shareholders love it when the bosses are hands on 365 days and 366days for leap year.
- In pandemic, CBP or NZ issue is not an issue. Production backlog is more than 10 months currently, it can be filled by other countries.
-Yes, Topglove's issue with worker treatment and salaries should be address. It is the right thing to do, and Topglove is fixing this issue triggered by middle men(job agents) creating this mess in the first place. Workers accomodation should be hygienic and comfortable.
-Top 5 manufacturers have NBR(nitrile-butadiene rubber) shortage. The critical raw material has increase in price recently and cost will be passed on to customer as well in terms of higher ASP.
Backlog to increase subtantially in the next few months as winters in northern hemisphere trigger the annual flu season.
-Top Ambition: A fortune 500 global company with USD40billion revenue by 2040.
-Topglove has the ability and funds to manufacture vaccine. But it doesn't, because it's NOT PROFITABLE as glove and there are too mnay players(LOW BARRIER TO ENTRY).
-Beware of some old man blogging DAILY!! and a female blogger that speaks to old man called "sifu". I believe most of you WILL NOT READ their article because many of you are SMARTER and more KNOWLEDGABLE.
SIZE DOES MATTER-----IT'S CALLED ECONOMIES OF SCALE
sit tight guys,
i doubt that all of those effort since june to acquired glove company just bluffing, it is just matter of time to complete those step.
in current trend, smart company will adapt and take this great opportunity to expand their bussines.
Well, other healtcare fly,
just matter of time before vaccine start to follow,
despite +ve quarter earning during mco, strong FA,
people overlook on medicine counter, which is also super health care. Even without pandemic, this counter still strive, just imagine when the vaccine is on. chip some in, for future, or u will sure miss below RM3 price.
Well, nice limit up today,
congratulations to whom just join the boat today,
we might just kill two bird with 1 stone,
as this counter main bussines is property development, surely will gain from the RTS Malaysia Singapore Project early next year (150 company will gain from this project as announce in the recent news),
+ the massive mask production bussines add on started this june, and as i read it, they will also apply for iso standard certification to be mask exporter.
nice quarter results, despite covid and mco period,
still a lot of room for growth, RM1 TP this week, will just 1st step, next, who know.
Next boat tomorrow before another limit up,
ur choice, to hop in, or just watch it sailed like today.
