**********
Debating whether or not gloves are necessary for vaccination to support Supermax stock prices is simply barking up the wrong tree. The details are in the numbers.
If we assume that gloves are used to vaccinate the entire world population, the number of gloves required to get this job done is only 30 billion (i.e., 1 pair of gloves per shot and two doses per person). We know it is impossible to vaccinate 7 billion people in one year. Should the world target to complete this exercise in 4 years, it would be a pretty tall order. That means only 7.5 billion gloves are required per year for this purpose. When we contrast this 7.5-billion to Kuan Kam Hon's (Hartalega) statement of 120-billion shortfall in glove supplies, the picture becomes clearer that whether or not gloves are used for vaccination is quite immaterial to the overall earnings of Supermax.
In my opinion, the following are key considerations that will determine the extent of the Supermax rally in the coming months and years:
My bets are on Supermax to go higher - much higher.
Look out for my next essay - SUPERMAX: WILL IT BE TAKEN PRIVATE?
**********
Chart | Stock Name | Last | Change | Volume |
---|
Created by omione | Jan 20, 2021
Aiyo, oredi said milion times. Wearing gloves is not compulsory duting jab. Doctor just swipe ur butocks with alcohol pad is compulsory. Ok.
2021-01-16 18:01
No such thing as gloves are needed or compulsory for administering vaccinations. Stop fooling the innocents. If it were used, it would be one pair of gloves being used in a single session. One day only use few pairs only. That's on the high side.
2021-01-16 18:08
gemfinder n goh england very bad? i dun see article says gloves are compulsory o.
why so clseminded ar?
2021-01-16 18:51
Well said Bro!
If we assume that gloves are used to vaccinate the entire world population, the number of gloves required to get this job done is only 34 billion (i.e., 1 pair of gloves per shot and two doses per person). We know it is impossible to vaccinate 7 billion people in one year. Should the world target to complete this exercise in 4 years, it would be a pretty tall order. That means only 8+ billion gloves are required per year for this purpose.
When we contrast this 8-billion to Kuan Kam Hon's (Hartalega) statement of 120-billion shortfall in glove supplies, the picture becomes clearer that whether or not gloves are used for vaccination is IMMATERIAL to the overall earnings of Supermax.
2021-01-16 19:46
No way Supermx will be taken private. If yes, why Supermx has redistributed its treasury shares as dividend & going for 2nd listing soon in Singapore?
2021-01-17 22:37
i3gambler
No doubt the demand for gloves will keep growing.
However, there will be more new companies venturing into glove manufacturing.
For example, KLK has been producing gloves, and now expanding to medical gloves.
By just investing 200 million, they will produce 4.5 billion pcs a year.
Look at SUPERMX latest quarter result, PBT/Revenue=1049/1353=77.5%.
No business can maintain that kind of profit margin for many quarters.
Very soon the margin will drop to a more reasonable level.
2021-01-16 17:39