GLOVES STOCK - SARS VS WUHAN (SUPERMX)

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WE all know that WUHAN VIRUS has causing this Glove stock rally, many have question that how far it can go.
Let me answer you. 
Lets us recall back 2003 SARS outbreak, to do some case studies and then only refer back our current situation.

SARS was first discovered in Asia in February 2003. The outbreak lasted approximately six months as the disease spread to more than two dozen countries in North America, South America, Europe, and Asia before it was stopped in July 2003.
So lets us see the past performance of Glove stock in Malaysia.

TOPGLOV 

Due to Bonus or Split, the price may look cheap. It has move from RM 0.15 fly to RM 0.70 almost 4.6x times.

KOSSAN

Also due to Bonus or split price look cheap. Price from RM 0.177 fly to roughly RM 0.50 almost up 2.8x times.

SUPERMX

From RM 0.42 fly to RM 1.37. 3.2x times. 

Up to date, WUHAN has already 7.7k confirmed case. 



How about SARS ?

SARS total case only 8098 cases while WUHAN virus just a few day already 7736 and it's still increasing every single day. Some more 12k case suspect. It's almost certainly that it will be worst than SARS ! 

If we based on this 2003 chart, we can see that a delay for all the glove stock to move, as during that time information, market movement still slower, market wait until see result good only move, but it's different compare to now, our market now very efficient and fast, so we can see all glove stock start reacting already. But how much more we can go?

KOSSAN

KOSSAN already break new high, so we believe that it's has less room to go already. 

HARTA

HARTA still way far to previous high, so still got room to go.

TOPGLOV

TOPGLOV testing previous high soon, so still potential go a bit higher or go new high.

SUPERMX

SUPERMX still far away to previous new high, that seems to be quite attractive anything below RM 2.20.

Since WUHAN virus mostly can be worst than SARS, then glove stock have double triple up during SARS time, we expect this round at least up 50% or more for all the GLOVES stock. So still got more room to go.

SUPERMX is matter of time go above RM 2.0.