Thank you @Yu_and_Mee.

@Innerpeacee Yes agree with you. Happy investing & Wish you Good Luck!!!

@okok. Terima kasih atas nasihat Tuan. Saya memang dah niatkan dari awal, bila saya dah achieved my target, I will settle down. In fact it is much earlier than expected.

Kalau KPower price naik lagi, saya redha, setakat itu saja rezeki saya. If it's yours, it is yours.

Harap tidak menyinggung mana-mana pihak.

Wish all the Best to All of You! Happy Chinese New Year!

Sold off all K-Power & K Power-WA with 80% realised profit!!!

TQVM Dato Karim & Mustaqim.

Gloves + KPower (last 10-month), net realised profit is 2,100% or 21 beggars.

TQ all for sharing useful information. Setakat ini sahaja rezeki saya.

@Kon Lim Chai, below is my investment thesis for KPower-WA worth.


Stock: [KPOWER]: KUMPULAN POWERNET BHD

Dec 22, 2020 1:25 PM | Report Abuse

My hypothetical KPower-WA price
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Free Warrant should worth between RM0.50 & RM1 (50% premium) depending on shares price reaching RM8 - RM10

Price will be around RM2 & RM2.50 after split (RM8 & RM10 before split) SUBJECT TO the following :

For the price to move to RM8 region (before split), KPower might announced another big project &/or become one of a winner of LSS4 project between now until end-Jan 2021.

Aiyoyo Anson. Jaks pun sudah crashed lah! Don't catch the falling knife ya.

OMG! Anson already warned us many times. Price crashed to RM2 after split.

https://www.thestar.com.my/business/business-news/2021/01/06/rhb-maintains-039buy039-on-kpower

TP RM10 (RM2.50 after split) = Exercise Price of KPower-WA

It's ok Anson. One fine day Jaks will up. But not now lah.

Soon Price crash to RM2 after split become reality!

Paging Anson, Paging Anson (90's)

Calling Anson, Calling Anson (2000's)

Zooming Anson, Zooming Anson (Post Covid-19)

Paging Anson, Paging Anson (90's)

Calling Anson, Calling Anson (2000's)

Zooming Anson, Zooming Anson (Post Covid-19)

Anson is a real entertainer. Lol

Good Luck Bro Anson @ Jaks!

So, price crashed to RM2 & RM2.50 (after split) now looks sensible.

Most of revenue & earning is back-loaded as majority of RM1.7 bil yet to be kick-start. This is why AmInvest & RHB IB gave TP based on CY2022.

TP for KPower will likely upgraded upon announcement of more RE/Solar projects.

My hypothetical KPower-WA price
---------------------------------------------

Free Warrant should worth between RM0.50 & RM1 (50% premium) depending on shares price reaching RM8 - RM10

Price will be around RM2 & RM2.50 after split (RM8 & RM10 before split) SUBJECT TO the following :

For the price to move to RM8 region (before split), KPower might announced another big project &/or become one of a winner of LSS4 project between now until end-Jan 2021.

Btw I also heard price will crash to RM2 after split.

I also heard they will get big project soon. Hehehehe

OMG Price Crashed to RM2.00 after split!!!

OMG. Melt-up! Price crash to RM2.00 after split!

Awesome.

Yes. Price crash. TP RM2 after split.

Confirmed it is cup & handle pattern!

This is not market crash, Bro. This is melt-up!

Posted by Primeinvestor ... > Dec 8, 2020 12:15 PM | Report Abuse X

0.38 eps is too high, topglove lose 50% capacity for 2 weeks, 0.30 should be good enough

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@Primeinvestor, EMCO @ Top Glove Klang Factories only happen towards 4th week of November. If discount 1 week, EPS 0.36 or 0.37 is achievable.

Here my Q1 2021 EPS Estimate based on the following assumption:

- Cost of raw material which is 60% of operating expenses increased by 30% in Q1
- Between Sept & Nov, Top Glove keep increased ASP by 20% to 30% m-o-m to play catch up with higher Supermax Manufacturing ASP

1) ASP Growth m-o-m 20%, EPS RM0.38
2) ASP Growth m-o-m 30%, EPS RM0.48

I could be wrong, but EPS RM0.38 for Q1, 2021 is achievable.

Huge supply shortage in the tune between 30 bil & 40 bil in year 2020, 2021 & 2023 will keep ASP at elevated level. Assumption of ASP to drop by half starting 2H, 2021 is highly unlikely as demand continue to exceed supply until 2022.

Sooner or later, price will reflect to Super Profit in 2021 & 2022.

Disclaimer: This is not recommendation to buy or sell. You should consult the investment professional view (from both FA & TA perspectives) before making informed decision.

Here my Q1 2021 EPS Estimate based on the following assumption:

- Cost of raw material which is 60% of operating expenses increased by 30% in Q1
- Between Sept & Nov, Top Glove keep increased ASP 20% to 30% m-o-m to play catch up with higher Supermax Manufacturing ASP

1) ASP Growth m-o-m 20%, EPS RM0.38
2) ASP Growth m-o-m 30%, EPS RM0.48

I could be wrong, but EPS RM0.38 for Q1, 2021 is achievable.

Huge supply shortage in the tune between 30 bil & 40 bil in year 2020, 2021 & 2023 will keep ASP at elevated level. Assumption of ASP to drop by half starting 2H, 2021 is highly unlikely as demand continue to exceed supply until 2022.

Sooner or later, price will reflect to Super Profit in 2021 & 2022.

Disclaimer: This is not recommendation to buy or sell. You should consult the professional view in both FA & TA before making informed decision.

Cup & handle in the making.

Daily & weekly MACD yet to cross down. Price drop below 4.00 then MACD cross down.

Ya lah. If drop more than 30% from peak then can say crash lah. Ini baru drop more than 5%. Anything less than 10% is pull back.

Seem like you had made up your mind. Good Luck bro!

Based on Q4 2020, PAT Margin was 18.6%. KPower earned higher PAT margin as its also "design" the power plan in addition to typical EPCC margin.
The price will be well supported at 4.65-4.70 before marching higher.

Read carefully

this is not the right time to increase or introduce new

MEANING NO WINDFALL TAX.

No Windfall Tax.

https://www.nst.com.my/news/government-public-policy/2020/11/637923/budget-2021-qa-finance-minister-tengku-zafrul


Q: Will there be new taxes or increase in existing taxes?

A: I think to increase tax when economy is suffering is not the right move. That is my view. I cannot say yes or no, but my principle is, if you want to drive the economy, this is not the right time to increase or introduce new taxes. I cannot say if we are going to reduce it, too, as it is going to affect the government's coffers. Our revenue coming from tax and excise duty has already been reduced by more than 20 per cent.

I have a quick check on last TP by CIMB, BIMB & Affin Hwang, EPS for FY2021 is only between RM0.50 & RM0.60. Whereas, Q1 2021 PAT is already RM0.30.
The first leg of rally was driven by insiders, smart money & retailers. This time around it will be driven by funds / institutional investors. From now onwards, what institutional investors think about Supermax is more important than what most retailers think.
I have a channel check with someone in investment fraternity, he said the result is very very good!

You are most welcome @Sweetchocalates

@Sweetchocalates. SD or Standard Deviation in this case is referring to current price vs 5 / 7 / 10 years long-term PE mean. Not many people can use this statistical method. Only FM and those who has access to Bloomberg Terminal has the distintive advantage to time the exit & entry.

When Supermax price was around RM5.80 (during the sell-off in Sept 2020), it's trading @ -3.0 SD (95% chance/probability) the price revert to long-term mean.

Guys, this is proven statistical method that is applied by most of Fund Manager in town.

I am just sharing this so that retail investor understand how FM thinks & works.

Cheer.

Based on current prices, Top 4 gloves counter trading @ between -1.0 & -1.5 SD over long-term mean (Consensus 12-month Forward Earnings). At -1.5 SD, there are 75% chance/probability that the share price moving back to long-term mean. From FA perspective the downside risk is limited.

From TA point of view, RM9.00 level is resistant turn to support level. It's also seem well supported.

Well support @ 8.75. The last SBB of 5.03 mil shares were between 8.30 & 8.75.

Posted by gemfinder > Jun 28, 2020 10:19 AM | Report Abuse

rhb upgrade tp to 4.04

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@gemfinder can you share the link. Thank you.

@ytthis pls add me in as well. Tq

BTW, supermax is still in Wave 3 of uptrend.

Team B. It's not too late to join Team A now.

Team A, let's pray if eventually each of everyone of us become HNW or Ultra-HNW, we continue to do good deeds, help poor people / people in financial difficulties, become more humble person, do not look down on others, don't bad mount & having pleasant character/personality.

AMEEN.

High Net Worth = HNW = Orang Kaya

Ultra-HNW = Orang Sangat Kaya = Net worth (asset minus liability) more than > USD30 mil

Hahahaha.

Team B, it is not to late to make a u-turn before Q4 Result.

Biar untung sikit, jangan tak untung langsung!

WOW @freetospeak sifu obviously become Ultra- HNW client!!!