Renew interest for Health Stocks?

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
    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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