Renew interest for Health Stocks?

2021-11-27

With the new variant of concern discovered in Africa, called Omicron, there have been preliminary evidence to show increased risk of reinfection. Wouldn't this give everyone a rethink of the need for health stock like $TOP GLOVE CORPORATION BHD(BVA.SI)$$MEDTECS INTERNATIONAL CORP LTD(546.SI)$These stocks have been battered long enough and clearly have been oversold. Particularly $TOP GLOVE CORPORATION BHD(BVA.SI)$, a company that posted a historic net profit of RM7.87bil for the financial year ended Aug 31, 2021. FY21 net profit jumped 350% from RM1.75bil in FY20. Sales Revenue rose 127% to RM16.40bil from FY2020. Dividend yield more than 20%.

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yongts
2021-11-27
yongts
agree totally. but uob analysts 2 days ago still putting out bad news amid old recycled news about falling expected ASP( by the way asp did not so much as they speculated).& vaccination work

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