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Sian, you absolutely right. Vaccine is one off purchase business only so will not be able to bring much profit to co especially when Govt is controlling the price. While, why the glove uptrend stand for longer time? Bcoz of its huge continuous volume usage!
Lim, actually if not see Malaysia vaccine stock (we know Malaysia's vaccine counter didn't get much profit). Just look at the vaccine producer company, such as Pfizer in Us. Pfizer already got vaccine (I dun care about the efficiency first), however, the share price of Pfizer already retrace. I think Malaysia's vaccine counter affect by the producer vaccine counter in Us.
For vaccine counter investor/ buyer, need to watch careful and monitor about is that the trend already reach the peak. Glove counter already was a lesson. This kind of theme will be end. Of course the company still exist, but the share price maybe will retrace.
Pfizer is producer whereby the rest are just distributor or trading. What you think how much profit can earn? Transportation Co also will mark up the cost or profit
LIM, my focus is, if the US vaccine producer counter retrace, then others related counter also will be affected. Therefore, buyer of vaccine counter in Malaysia such as dpharma also need to monitor US stock to avoid slow down/ending of the trend
4.32, 4.2, 4.38.These are the price when dpharma hit and going to retrace within last half year. Strong resistance at this area. Chen, pls see carefully before asking. Firstly, I didn't justify, I got use the word " maybe". Secondly, I said is above RM 4 not RM 4. Thx
@sian, those prices u mentioned probably because the budget wasn't approve and political upheaval. The next time, I'm pretty sure will go above n beyond. My small fish opinion.
Budget 2021 got final approval Today ! Thus this counter will gap Up high ! TA turn to uptrend mode ! Oversold means Good opportunity now ! All the best !