After glove and gold stocks move, which are the stocks can focus during this pandemic period? Now as you all know, we are in the theme of Covid-19. ASEAN countries getting serious and worsen. This virus will last for some time until the vaccine found.
Last week, I share about Gold stocks and my followers do make a handsome profit. Congratulations!
Last night, I saw a few our Malaysia Company venturing into the Healthcare industry which is a good sign.
14/4/2020 – Test Kits
Mtouche Technology Bhd (Stock Code: MTOUCHE) - distribute novel coronavirus (2019-nCoV) detection, diagnostic and rapid test kits besides medical products across Southeast Asia. (First listed company in Malaysia that I noticed distribution of this test kits!)
Last-minute profit-taking today, end of downtrend since surged for volume today. Close 0.085.
https://www.theedgemarkets.com/article/mtouche-trading-volume-jumps-covid19-test-kit-distribution-deal
13/4/2020 – Ventilators and Infusion Pump
K1 Technology Bhd (Stock Code: K1) - existing supplying essential medical/healthcare goods in the likes of an infusion pump (for dialysis and intravenous therapy) and thermal scanner systems for supply to hospitals and they are venturing into the manufacturing of ventilators to supply to hospitals, in view of the shortage of the product. Targeting the third quarter of 2020, subject to getting the necessary approvals from the relevant authorities.
Another product manufacturing ventilators expect to produce in Q3 and they are currently supply of infusion pump ready stocks also critical for current demand now.
https://www.k-one.com/ems/en/index.php/category/industry-focus/healthcare-medical
https://www.theedgemarkets.com/article/kone-ventures-ventilator-production-amid-covid19-pandemic
9/4/2020 - Ventilators and PPE
Notion VTec Berhad (Stock Code: Notion) - planning to start producing parts for medical ventilators and personal protective equipment (PPE).
https://www.thestar.com.my/business/business-news/2020/04/09/notion-vtec-to-venture-into-ppe-business
Let’s put this 3 stocks on your watchlist and this has trigger smart money and momentum. I will update again if I found any based on latest annoucement and screener.
This is merely my sharing and not a recommendation of buying or selling, please consult your respective brokers.
https://klse.i3investor.com/blogs/healthcare/2020-04-15-story-h1505986564.jsp
