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Latest Forum Topics / Riverstone    Last:0.6    -0.01  Post Reply
Riverstone go go go!
ttbanthony
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04-Dec-2021 13:21     
 
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 Alert Admin 		Those who want to sell, just let them sell
Those who want to short, let them short
This company has got solid fundamentals.
I rank it on par with TG.
This will come back hard.

Longtermer      ( Date: 04-Dec-2021 12:56) Posted:

 
 
 
UOB rev, profits figures are out by a mile. Check the analyst estimates before calling for sell. 
2021 3qtr profits Rm1.31b (actual)
2021 FY profits Rm1.6b (likely)
 
UOB 2021 FY profits Rm 1.42b (really?)
UOB 2022 profits Rm 504m (joking??)
Using these figures, TP is 68c.
Lets see RS results next month.
Anyway, their disclaimer is " subject in spike in cases and high ASPs for clean room gloves"
Dyodd is best.
 


Stocky901      ( Date: 04-Dec-2021 12:01) Posted:

OMG. If down 25% means tp is $0.51. Short next week very good kopi.. 😋 😋
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sutiono
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04-Dec-2021 13:02     
 
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 Alert Admin 		Latest CIMB research report already said many distrubutors had already started to secure orders for deliveries in Dec and beyond .and also high lighted that clean room glove still can command USD120/1000pieces. . So  the CR segment is still going strong as ever.
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Longtermer
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04-Dec-2021 12:56     
 
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 Alert Admin
 
 
 
UOB rev, profits figures are out by a mile. Check the analyst estimates before calling for sell. 
2021 3qtr profits Rm1.31b (actual)
2021 FY profits Rm1.6b (likely)
 
UOB 2021 FY profits Rm 1.42b (really?)
UOB 2022 profits Rm 504m (joking??)
Using these figures, TP is 68c.
Lets see RS results next month.
Anyway, their disclaimer is " subject in spike in cases and high ASPs for clean room gloves"
Dyodd is best.
 


Stocky901      ( Date: 04-Dec-2021 12:01) Posted:

OMG. If down 25% means tp is $0.51. Short next week very good kopi.. 😋 😋

lukewong82      ( Date: 04-Dec-2021 00:51) Posted:

Back in November, UOB already downgrade RS to $0.68. So no surprise that the share price reached sub $0.68. I wonder why so many
so surprise that RS drop below 70 cents.

AND whenever analysts give a certain target price, it means can be worse. So if target price is $0.68, it means the share price still has room to
drop.. maybe to below $0.60.

Usually the target price is higher than the trading price by 20-30% for most counters
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Godwinlow
Elite
04-Dec-2021 12:56     
 
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 Alert Admin 		Gloves &ndash Neutral (top pick: Riverstone)
 The recently discovered Omicron variant of Covid-19 triggered another share price rally for glovemakers over the past week, as concerns rise over another potential wave of outbreak.
 From our conversation with glovemakers, we gather that demand for healthcare gloves have steadily improved in late 4QCY21F, with distributors turning more active in placing orders for delivery in Dec and beyond. This was mainly due to a combination of 1) low inventory holding (distributors and end-customers have been cautious in their procurement over the past six months), and 2) stabilisation of ex-factory prices driving improvements to distribution margins. We expect the production utilisation rate of both Riverstone (RSTON SP, Add, TP: S$1.20) and UG Healthcare (UGHC SP, Add, TP: S$0.42) to return to an optimal level of c.90% by 1QCY22F.
 Industry ex-factory prices for nitrile healthcare gloves have declined to c.US$28-34/carton for Nov and Dec shipments, according to findings from our channel checks. This is significantly lower than the peak levels of c.US$100/carton seen in early 2Q21, though still higher than pre- pandemic pricing of c.US$20/carton, mainly due to higher raw material prices. We expect ex-factory prices to decline at a gradual pace hereon, tracking the easing of raw material prices, as ex-factory margins have returned to a more normalised level of c.20% (pre-Covid level: c.15%).
 Meanwhile, we expect cleanroom glove prices to remain healthy at c.US$120/carton in 4QCY21F, driven by continued strong demand by the electronics and pharmaceutical industries.
 We maintain Add calls on both RSTON and UGHC. While the ASP declines point to a weaker earnings profile (on a yoy basis) for glovemakers for CY22F, we continue to like RSTON and UGHC given their relative resilience vs. other glovemakers. RSTON stands out with its cleanroom capability, which contributed 20% to its volume and 50% to its gross profit pre-pandemic. UGHC is also uniquely positioned given its original brand manufacturer (OBM) business model, which allows the company a relatively sticky pricing profile as it deals directly with end-consumers in the various countries it has expanded its distribution network to.
 We believe RSTON&rsquo s valuation is especially attractive &ndash it trades at 9.8x CY23F P/E, while backed by net cash of S$0.39/share (55% of its market cap). We expect back-loaded dividend payout for FY21F (RM0.38 per share) to be the support for its share price.
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Godwinlow
Elite
04-Dec-2021 12:46     
 
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 Alert Admin


SINGAPORE &mdash The new Covid variant omicron will likely &ldquo overwhelm the whole world&rdquo in the coming months, according to a Singapore-based infectious disease doctor.

While vaccines against the strain can be developed quickly, they need to be tested over three to six months to prove that they can provide immunity against the variant, Dr.  Leong Hoe Nam of Mount Elizabeth Novena Hospital said Wednesday.
 


&ldquo But frankly, omicron will dominate and overwhelm the whole world in three to six months,&rdquo he told CNBC&rsquo s  &ldquo Street Signs Asia.&rdquo

Delta, the strain that is  currently accounts for 99%  of Covid infections,  started becoming more common in the Indian state of  Maharashtra in March 2021,  and  was dominant globally by July, according to Reuters.

Moderna  CEO Stephane Bancel on Monday said it will  take months to develop and ship a vaccine that specifically targets the omicron variant.

Pfizer  CEO Albert Bourla also said  shots could be ready in less than 100 days, or slightly over three months.

&ldquo Nice idea, but honestly, it is not practical,&rdquo Leong said of a vaccine that specifically targets omicron. &ldquo We won&rsquo t be able to rush out the vaccines in time and by the time the vaccines come, practically everyone will be infected [with] omicron given this high infectious and transmissibility.&rdquo
 

Protection from current vaccines



That said, some doctors believe that the existing vaccines will be able to provide some protection against the new variant.

Our bodies generate a &ldquo whole host of different antibodies&rdquo in response to vaccines, said Dr. Syra Madad, a fellow at the Belfer Center for Science and International Affairs.

&ldquo I do think that our current vaccines will hold up to a certain extent, with this new variant,&rdquo she told CNBC&rsquo s  &ldquo Capital Connection&rdquo   on Wednesday, noting that the vaccines were able to provide protection against delta.

&ldquo It may reduce vaccine effectiveness by a couple of notches, but that is yet to be seen,&rdquo she said. Current vaccines, along with boosters should still provide a &ldquo good level of protection,&rdquo she added.

Leong agreed that a three-dose vaccine regimen would likely protect against severe disease, but pointed out that many countries still have low vaccination rates.

He said omicron is &ldquo threatening the whole world&rdquo with a sudden surge in cases, and health-care systems could be overwhelmed, even if only 1% or 2% of the cases end up in hospital.


Omicron was first detected in South Africa and was designated a variant of concern by the WHO last week. It has since been reported in  several other places, including Hong Kong, the Netherlands and Portugal.

For now, however, Leong said we should continue to roll out vaccinations, keep our distance, wear masks, and not be overly concerned.

Madad echoed the same sentiment. &ldquo We continue to do the Covid-19 prevention measures on an ongoing basis,&rdquo she said. &ldquo Layering it up is really the best approach here.&rdquo

&mdash CNBC&rsquo s Saheli Roy Choudhury, Spencer Kimball and Yen Nee Lee contributed to this report.
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Godwinlow
Elite
04-Dec-2021 12:43     
 
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 Alert Admin 		It' s nice to debate and hear different views. 
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Godwinlow
Elite
04-Dec-2021 12:42     
 
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 Alert Admin 		Hear all your views. Let' s wait one or two weeks more when it' s more visible 
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vix787
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04-Dec-2021 12:37     
 
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 Alert Admin 		Indeed. Old TP all that were pre Omicron.

ttbanthony      ( Date: 04-Dec-2021 12:08) Posted:

Relax
Why selling into old tp
Re rating coming
Dbs and cimb tp $1.20
Why mkt pay attention to low tp only? 🤔
Tg results n outlook next week should serve as bel weather

Stocky901      ( Date: 04-Dec-2021 12:01) Posted:

OMG. If down 25% means tp is $0.51. Short next week very good kopi.. 😋 😋
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ttbanthony
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04-Dec-2021 12:08     
 
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 Alert Admin 		Relax
Why selling into old tp
Re rating coming
Dbs and cimb tp $1.20
Why mkt pay attention to low tp only? 🤔
Tg results n outlook next week should serve as bel weather

Stocky901      ( Date: 04-Dec-2021 12:01) Posted:

OMG. If down 25% means tp is $0.51. Short next week very good kopi.. 😋 😋

lukewong82      ( Date: 04-Dec-2021 00:51) Posted:

Back in November, UOB already downgrade RS to $0.68. So no surprise that the share price reached sub $0.68. I wonder why so many
so surprise that RS drop below 70 cents.

AND whenever analysts give a certain target price, it means can be worse. So if target price is $0.68, it means the share price still has room to
drop.. maybe to below $0.60.

Usually the target price is higher than the trading price by 20-30% for most counters
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Stocky901
Supreme
04-Dec-2021 12:01     
 
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 Alert Admin 		OMG. If down 25% means tp is $0.51. Short next week very good kopi.. 😋 😋

lukewong82      ( Date: 04-Dec-2021 00:51) Posted:

Back in November, UOB already downgrade RS to $0.68. So no surprise that the share price reached sub $0.68. I wonder why so many
so surprise that RS drop below 70 cents.

AND whenever analysts give a certain target price, it means can be worse. So if target price is $0.68, it means the share price still has room to
drop.. maybe to below $0.60.

Usually the target price is higher than the trading price by 20-30% for most counters.

lukewong82      ( Date: 04-Dec-2021 00:47) Posted:



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ttbanthony
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04-Dec-2021 10:35     
 
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 Alert Admin 		Bro. Agree with you both hands up.
The progression is always like this:

Mild > hospitalised > Critical ICU > bye bye

Now stage one and two.
Wait a few more weeks.
Sure have a lot of cases
How can omicron virus be milder when it has more than 40 spikes? Our home bred Dr Hoe Nam already hinted the severity. His tone and body language are quick worrying.
Go watch.

msksmsks      ( Date: 04-Dec-2021 09:58) Posted:

Bro

If high hospitalization rates occurs, it's already bad enough. I do not wish any fatality or someone's death to enrich ourselves...

RS biz model is resilient serving the clranroom of semicon and healthcare. This lucrative sector is one big contribution .

Cheers

Godwinlow      ( Date: 04-Dec-2021 02:04) Posted:

higher transmissibility, no deaths. Not lethal
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msksmsks
Elite
04-Dec-2021 09:58     
 
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 Alert Admin 		Bro

If high hospitalization rates occurs, it's already bad enough. I do not wish any fatality or someone's death to enrich ourselves...

RS biz model is resilient serving the clranroom of semicon and healthcare. This lucrative sector is one big contribution .

Cheers

Godwinlow      ( Date: 04-Dec-2021 02:04) Posted:

higher transmissibility, no deaths. Not lethal

Godwinlow      ( Date: 04-Dec-2021 02:03) Posted:



GENEVA] The World Health Organization said Friday it had not seen any reports of deaths relating to the new Omicron variant of Covid-19.

The WHO said it was collecting evidence about the variant of concern (VOC), as countries around the world scramble to stop it from spreading.

But despite a growing number of countries registering infections with the new variant, no deaths have yet been reported to the UN health agency.
 
 


" I have not seen reports of Omicron-related deaths yet," WHO spokesman Christian Lindmeier told reporters in Geneva.

" We' re collecting all the evidence and we will find much more evidence as we go along.

" The more countries... keep testing people, and looking specifically into the Omicron variant, we will also find more cases, more information, and, hopefully not, but also possibly deaths." While Omicron has rattled the world, Lindmeier also urged people to be mindful of the Delta variant, which accounts for 99.8 per cent of sequences uploaded to the GISAID global science initiative with specimens collected in the last 60 days.
 
 


" Omicron may be on the rise, and we may come to a point where it takes over to be the dominant variant, but at this point, the very dominant variant remains Delta," he stressed.

Lindmeier added: " The restrictions that were put into place in many countries just two weeks ago - economical closures again, lockdowns in some areas, closures of Christmas markets in parts of Europe - this was done before Omicron because of a rise of Delta cases. Let' s not lose sight of this." The spokesman urged people to use proven measures protect themselves against Delta - and thereby against Omicron.

The WHO has said it will take several weeks to get a full picture of the transmissibility and disease severity of Omicron, and to assess how vaccines, tests and treatments hold up against the new variant.
 
 


As Omicron spreads, pieces of information are emerging from various countries.

" What we need to do is we need to take all these observations, assessments and tests and get this information together and then have the experts look at it, carefully weigh it and come up with the assessment. That will still take some time," said Lindmeier.

" Preliminary data show that there is higher transmissibility. But that' s basically all we have so far."  


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Longtermer
Elite
04-Dec-2021 09:38     
 
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 Alert Admin
Number of deaths is related to number of covid cases.
Current Omicron cases are still v low compared with Delta variants.
Hope for the best while preparing for the worse. 
 

Godwinlow      ( Date: 04-Dec-2021 02:04) Posted:

higher transmissibility, no deaths. Not lethal

Godwinlow      ( Date: 04-Dec-2021 02:03) Posted:



GENEVA] The World Health Organization said Friday it had not seen any reports of deaths relating to the new Omicron variant of Covid-19.

The WHO said it was collecting evidence about the variant of concern (VOC), as countries around the world scramble to stop it from spreading.

But despite a growing number of countries registering infections with the new variant, no deaths have yet been reported to the UN health agency.
 
 


" I have not seen reports of Omicron-related deaths yet," WHO spokesman Christian Lindmeier told reporters in Geneva.

" We' re collecting all the evidence and we will find much more evidence as we go along.

" The more countries... keep testing people, and looking specifically into the Omicron variant, we will also find more cases, more information, and, hopefully not, but also possibly deaths." While Omicron has rattled the world, Lindmeier also urged people to be mindful of the Delta variant, which accounts for 99.8 per cent of sequences uploaded to the GISAID global science initiative with specimens collected in the last 60 days.
 
 


" Omicron may be on the rise, and we may come to a point where it takes over to be the dominant variant, but at this point, the very dominant variant remains Delta," he stressed.

Lindmeier added: " The restrictions that were put into place in many countries just two weeks ago - economical closures again, lockdowns in some areas, closures of Christmas markets in parts of Europe - this was done before Omicron because of a rise of Delta cases. Let' s not lose sight of this." The spokesman urged people to use proven measures protect themselves against Delta - and thereby against Omicron.

The WHO has said it will take several weeks to get a full picture of the transmissibility and disease severity of Omicron, and to assess how vaccines, tests and treatments hold up against the new variant.
 
 


As Omicron spreads, pieces of information are emerging from various countries.

" What we need to do is we need to take all these observations, assessments and tests and get this information together and then have the experts look at it, carefully weigh it and come up with the assessment. That will still take some time," said Lindmeier.

" Preliminary data show that there is higher transmissibility. But that' s basically all we have so far."  


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ttbanthony
Veteran
04-Dec-2021 09:33     
 
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 Alert Admin 		Bro. Not yet.
Of course we don wish such fatality but objectively fatality will definitely happen. Any variant will cause fatality. Even the common flu when strike the weakest, will cause death.
Omicron plus delta, watch the new wave. Now hitting west.

Don forget the Winter Olympics. This may become a Winter Omicropics. And China will see its new wave after Wuhan.

The omicron plus delta May be more devastating as unlike the first few waves concentrating on certain regions such as USA and India, this latest wave will be more global more wide spread.

Godwinlow      ( Date: 04-Dec-2021 02:04) Posted:

higher transmissibility, no deaths. Not lethal

Godwinlow      ( Date: 04-Dec-2021 02:03) Posted:



GENEVA] The World Health Organization said Friday it had not seen any reports of deaths relating to the new Omicron variant of Covid-19.

The WHO said it was collecting evidence about the variant of concern (VOC), as countries around the world scramble to stop it from spreading.

But despite a growing number of countries registering infections with the new variant, no deaths have yet been reported to the UN health agency.
 
 


" I have not seen reports of Omicron-related deaths yet," WHO spokesman Christian Lindmeier told reporters in Geneva.

" We' re collecting all the evidence and we will find much more evidence as we go along.

" The more countries... keep testing people, and looking specifically into the Omicron variant, we will also find more cases, more information, and, hopefully not, but also possibly deaths." While Omicron has rattled the world, Lindmeier also urged people to be mindful of the Delta variant, which accounts for 99.8 per cent of sequences uploaded to the GISAID global science initiative with specimens collected in the last 60 days.
 
 


" Omicron may be on the rise, and we may come to a point where it takes over to be the dominant variant, but at this point, the very dominant variant remains Delta," he stressed.

Lindmeier added: " The restrictions that were put into place in many countries just two weeks ago - economical closures again, lockdowns in some areas, closures of Christmas markets in parts of Europe - this was done before Omicron because of a rise of Delta cases. Let' s not lose sight of this." The spokesman urged people to use proven measures protect themselves against Delta - and thereby against Omicron.

The WHO has said it will take several weeks to get a full picture of the transmissibility and disease severity of Omicron, and to assess how vaccines, tests and treatments hold up against the new variant.
 
 


As Omicron spreads, pieces of information are emerging from various countries.

" What we need to do is we need to take all these observations, assessments and tests and get this information together and then have the experts look at it, carefully weigh it and come up with the assessment. That will still take some time," said Lindmeier.

" Preliminary data show that there is higher transmissibility. But that' s basically all we have so far."  


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Godwinlow
Elite
04-Dec-2021 02:04     
 
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 Alert Admin 		higher transmissibility, no deaths. Not lethal

Godwinlow      ( Date: 04-Dec-2021 02:03) Posted:



GENEVA] The World Health Organization said Friday it had not seen any reports of deaths relating to the new Omicron variant of Covid-19.

The WHO said it was collecting evidence about the variant of concern (VOC), as countries around the world scramble to stop it from spreading.

But despite a growing number of countries registering infections with the new variant, no deaths have yet been reported to the UN health agency.
 
 


" I have not seen reports of Omicron-related deaths yet," WHO spokesman Christian Lindmeier told reporters in Geneva.

" We' re collecting all the evidence and we will find much more evidence as we go along.

" The more countries... keep testing people, and looking specifically into the Omicron variant, we will also find more cases, more information, and, hopefully not, but also possibly deaths." While Omicron has rattled the world, Lindmeier also urged people to be mindful of the Delta variant, which accounts for 99.8 per cent of sequences uploaded to the GISAID global science initiative with specimens collected in the last 60 days.
 
 


" Omicron may be on the rise, and we may come to a point where it takes over to be the dominant variant, but at this point, the very dominant variant remains Delta," he stressed.

Lindmeier added: " The restrictions that were put into place in many countries just two weeks ago - economical closures again, lockdowns in some areas, closures of Christmas markets in parts of Europe - this was done before Omicron because of a rise of Delta cases. Let' s not lose sight of this." The spokesman urged people to use proven measures protect themselves against Delta - and thereby against Omicron.

The WHO has said it will take several weeks to get a full picture of the transmissibility and disease severity of Omicron, and to assess how vaccines, tests and treatments hold up against the new variant.
 
 


As Omicron spreads, pieces of information are emerging from various countries.

" What we need to do is we need to take all these observations, assessments and tests and get this information together and then have the experts look at it, carefully weigh it and come up with the assessment. That will still take some time," said Lindmeier.

" Preliminary data show that there is higher transmissibility. But that' s basically all we have so far."  

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Godwinlow
Elite
04-Dec-2021 02:03     
 
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 Alert Admin

GENEVA] The World Health Organization said Friday it had not seen any reports of deaths relating to the new Omicron variant of Covid-19.

The WHO said it was collecting evidence about the variant of concern (VOC), as countries around the world scramble to stop it from spreading.

But despite a growing number of countries registering infections with the new variant, no deaths have yet been reported to the UN health agency.
 
 


" I have not seen reports of Omicron-related deaths yet," WHO spokesman Christian Lindmeier told reporters in Geneva.

" We' re collecting all the evidence and we will find much more evidence as we go along.

" The more countries... keep testing people, and looking specifically into the Omicron variant, we will also find more cases, more information, and, hopefully not, but also possibly deaths." While Omicron has rattled the world, Lindmeier also urged people to be mindful of the Delta variant, which accounts for 99.8 per cent of sequences uploaded to the GISAID global science initiative with specimens collected in the last 60 days.
 
 


" Omicron may be on the rise, and we may come to a point where it takes over to be the dominant variant, but at this point, the very dominant variant remains Delta," he stressed.

Lindmeier added: " The restrictions that were put into place in many countries just two weeks ago - economical closures again, lockdowns in some areas, closures of Christmas markets in parts of Europe - this was done before Omicron because of a rise of Delta cases. Let' s not lose sight of this." The spokesman urged people to use proven measures protect themselves against Delta - and thereby against Omicron.

The WHO has said it will take several weeks to get a full picture of the transmissibility and disease severity of Omicron, and to assess how vaccines, tests and treatments hold up against the new variant.
 
 


As Omicron spreads, pieces of information are emerging from various countries.

" What we need to do is we need to take all these observations, assessments and tests and get this information together and then have the experts look at it, carefully weigh it and come up with the assessment. That will still take some time," said Lindmeier.

" Preliminary data show that there is higher transmissibility. But that' s basically all we have so far."  
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Godwinlow
Elite
04-Dec-2021 01:21     
 
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 Alert Admin 		Hate to say. But UOB was right about their price target

lukewong82      ( Date: 04-Dec-2021 00:51) Posted:

Back in November, UOB already downgrade RS to $0.68. So no surprise that the share price reached sub $0.68. I wonder why so many
so surprise that RS drop below 70 cents.

AND whenever analysts give a certain target price, it means can be worse. So if target price is $0.68, it means the share price still has room to
drop.. maybe to below $0.60.

Usually the target price is higher than the trading price by 20-30% for most counters.

lukewong82      ( Date: 04-Dec-2021 00:47) Posted:



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lukewong82
Master
04-Dec-2021 00:51     
 
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 Alert Admin 		Back in November, UOB already downgrade RS to $0.68. So no surprise that the share price reached sub $0.68. I wonder why so many
so surprise that RS drop below 70 cents.

AND whenever analysts give a certain target price, it means can be worse. So if target price is $0.68, it means the share price still has room to
drop.. maybe to below $0.60.

Usually the target price is higher than the trading price by 20-30% for most counters.

lukewong82      ( Date: 04-Dec-2021 00:47) Posted:


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lukewong82
Master
04-Dec-2021 00:47     
 
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 Alert Admin

Riverstone - UOB Kay Hian 2021-11-11: 3Q21 Results In Line But Expect A Sharp Moderation Going Forward | SGinvestors.io - Where SG Investors Share
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Godwinlow
Elite
04-Dec-2021 00:43     
 
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 Alert Admin 		This is really like a gamble. Gambling this omicron will cause hospitalisation in the near future, despite having reports saying it have mild cases. Mild cases no gloves needed. Hospitalisation needs glove. 

ttbanthony      ( Date: 03-Dec-2021 23:27) Posted:

The World Health Organization on Friday said the omicron Covid-19 variant has been detected in 38 countries, up from 23 two days ago, with early data suggesting the strain is more contagious than delta.

?We do see an increasing growth rate, we see increasing numbers of omicron being detected,? Maria Van Kerkhove, the WHO?s Covid-19 technical lead said during a Q&A livestreamed on the group?s social media channels Friday. ?But we have reports of omicron in 38 countries in all six WHO regions.?


?There is a suggestion that there is increased transmissibility, what we need to understand is if it?s more or less transmissible compared to delta,? Van Kerkhove said, noting that the delta variant is still dominant across the globe.

Van Kerkhove said it?s still too early to understand the severity of disease caused by omicron. Early reports of mild symptoms in some of the first cases where it was identified were based on a cluster of university students who tend to be younger and experience more mild symptoms than older adults, she said.

?There was initial reports that it tended to be more mild, but it?s really too soon,? Van Kerkhove said. ?Everybody who is infected with SARS-CoV-2 regardless of what variant will always start out with a mild disease. And so maybe it will stop there with mild, some people are asymptomatic of course, but it may stop with mild disease or it may take some time.?

Van Kerkove said there are increasing hospitalizations in South Africa, but public health officials haven?t seen an increased risk of death yet, but they?re waiting on more data.

Dr. Mike Ryan, executive director of the WHO?s health emergency program, said public health officials initially saw mild cases with the alpha and delta variants as well. It could take two weeks to see increased mortality associated with omicron if the variant does, in fact, cause more severe disease.


?It takes time unfortunately,? Ryan said. ?We saw that as well in previous waves of this pandemic. When the incidence rate goes up, it takes a week or two for that to result in hospital admissions and deaths.?

Van Kerkhove cautioned there?s a reporting bias at the moment which may obscure how virulent the variant really is. Many of the people around the world who have tested positive for omicron were healthy travelers, which could explain why the symptoms reported so far are mild.

?If you?re traveling, you?re not sick or you shouldn?t be traveling if you?re sick,? Van Kerkhove said. ?So there?s a bias in terms of what is being detected at the moment, but that will change over time.?

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