Koon Yew Yin's Blog
Supermax compares with Hartalega - Koon Yew Yin
Koon Yew Yin
Publish date: Tue, 19 Jan 2021, 11:39 AM
Koon Yew Yin
0 1,453
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
Due to RHB’s buy recommendation Hartalega share price is going up higher and higher. But Supermax is dropping. It is so ridiculous.
Hartalega is selling Rm 12.42. EPS 15.95 sen for quarter ending September and EPS 6.49 sen for quarter ending June.
Supermax is selling Rm 6.69. EPS 30.58 for quarter ending September and EPS 15.19 sen for quarter ending June.
Based on the above comparison Supermax is very much under price. It deserves a much higher rating.
As you can read from RHB’s buy recommendation that due to Covid 19 pandemic the demand for gloves far exceeds supply and all the glove makers can easily increase their selling prices to make more and more profit. Unfortunately, many investors are rushing to sell their holdings because they are afraid the vaccine will work like a magic wand to stop the Covid 19 pandemic.
I am sure there are many smart investors and Investment Banks taking advantage of the buying opportunity to collect more glove stocks especially Supermax.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Koon Yew Yin's Blog
All plantation companies will report historical record profit - Koon Yew Yin
Created by Koon Yew Yin | Dec 13, 2024
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said. Indonesia, the world's largest..
Who buys palm oil - Koon Yew Yin
Created by Koon Yew Yin | Dec 12, 2024
Indonesia is the world's largest producer of palm oil, producing an estimated 46 million metric tons in the 2022/23 marketing year. Indonesia also exports over 58% of its production, making it the w..
TH Plant is the best buy - Koon Yew Yin
Created by Koon Yew Yin | Dec 03, 2024
Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
What is Bipolar Disorder? - Koon Yew Yin
Created by Koon Yew Yin | Nov 25, 2024
My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
MHC Reported Increased Profit - Koon Yew Yin
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Why all plantation companies will continue to report more profit - Koon Yew Yin
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Who will win the Presidential Election? - Koon Yew Yin
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Who will win the Presidential Election? - Koon Yew Yin
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin
Created by Koon Yew Yin | Oct 25, 2024
The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.
Discussions
2 people like this. Showing 16 of 16 comments
You are again Uncle...it is still better for yourself to accumulate more Supermax and drag it along wherever u go.
2021-01-19 22:09
Lol how many times already need to kompang Supermax? Sounds quite desperate haha how many lots he has
2021-01-19 22:23
1. Retailers are not in a position to fight with big funds out to manipulate prices. 2. Supermax need to improve their dividends as a payback to investors to make the share more attractive.
2021-01-20 00:12
All the best to you Uncle.
I feel for you at 88 years old, still holding losses in stocks.
2021-01-20 10:33
If uncle so confident, it’s an simple arbitrage opportunity. Long Supermx & short Harta.
2021-01-20 18:38
Foreign funds is short selling glove counters, Morgan Stanley is talking the share price down, both working in cahoots. It is easy for foreign big fund to fleece the third world countries.
2021-01-20 18:56
u know ridiculous, ...
then sell sobermax and buy hartalegaga lor ...
small problem dont everytime keep kpkb .
2021-01-20 19:01
retailers can beat JP Morgan largest bank in the world . have connection with federal reserve that can print unlimited amount of money
2021-01-20 19:17
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Mercury Securities Research
2
THE INVESTMENT APPROACH OF CALVIN TAN
3
4
5
Phillip Capital Research Reports
6
Good Articles to Share
This is going to be a 'battle on Capitol Hill,' economist warns
7
Good Articles to Share
Nippon Steel's US Steel takeover plan has support in steelmaking areas, executive says
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CCCL
Long term smart investors will stays with Harta.
2021-01-19 13:40