Supermx is very profitable and flush with enormous pile of cold hard cash of almost RM4 Billion. Not many companies in Bursa can match it. Many companies had reported billion of RM losses. Please read the latest quarterly result of AA.

Use your common sense as it is not feasible to close all factories in the country. Supermx is very proud of its proven record as not many covid cases at its glove factories. The Management would have put in placed all the necessary steps to ensure its continued operations.

Hi Yingkang 87. Thanks for your input. Under MCO Version 1 with full lockdown/total lockdown glove factories were allowed to operate as they were classified as essential industry.If the authorities decide to proceed again with full lockdown/total lockdown we can expect glove factories to continue in operations.

Myinvestor. You are spot on. Many glove companies will have dive in to set up factories in USA. In the past they are not able to do it because of the high capital outlay. But now with the huge cash pile which is still growing they can do it. Very confident that Supermx will reap very good returns with their wise investment in USA. One very interesting question is whether Supermx can capitalize with the opening of their glove factories in USA to capture a big chunk of this largest and most lucrative globe market in the world. Cheers.

pjSeow, Fully agree with you. Certainly the share price for this counter is understated based on your calculations. Shareholders must evaluate and appreciate the excellent performance of the company. Presently it is a solid fact that not many counters in Bursa can match the company.

Great news with this enormous cash pile.
Shareholders will get their reward of 13 sen dividend on 8th June.
Will there be more attractive dividends ?

Invest Malaysia. Wow you are saying cash pile of 5b !

The cash pile is growing.

Rewarding and paying attractive 13 sen dividend on 8th June.

Very green today.
Register solid gain of 38 sen to RM5.02.
Remember 13 sen dividends to be paid out on 8th June.
Congratulations to all shareholders.

pj Seow. Man you are incredible ! You are able to source and then share all such useful information. Looking at the numbers there is no stopping the growth of the cash pile of Supermx. Wow fully booked up to end of the 2021 and with new sales contracts stretch into Year 2022. What will be the new profit level for Supermx ? and what mind blowing we can expect to receive in the near future. Thank you very much for the useful information.

pjSeow, thanks for your very useful information. It will be foolish to miss out these fantastic dividends by glove stock. Very difficult to get such high and lucrative investment incomes. Yet there are people who bad mouth and protest against the declaration and payment of dividends. Ignore them as shareholders are rightfully entitled to receive these dividends. Very confident that as the enormous cash pile of the company continues to ballon up we will see higher rate of dividends. Supermx also have millions of treasury shares bought during sbb and will they distribute these treasury shares to the shareholders ? Just like what happened before. Cheers

Many shareholders had bought their shares at very low price. Dividends are always a good source of income for them. Supermx has done very well and is very profitable with Net Profit of Billions of RM and now has enormous cash pile of about RM4 Billion. Surely there is No logical reason why there is protest that the company has declared attractive high dividend to reward the shareholders which the shareholders rightfully entitled to it.
Of course unless certain party who are not the shareholders are envied of the high attractive dividend payout.

PJ Seow you are spot on. Shareholders are looking forward to receive the attractive dividend of 13 sen this coming 8th June. Wow where to find such a high rate of investment income. This quarterly dividend is even higher than the Bank Yearly FD interest.

Myinvestor. Wow based on your calculation of EPS of 119.63 sen this is fantastic performance. Not many counters in Bursa can match such a high EPS. Congratulations to all the shareholders.

Supermx with such enormous cash pile of Billions of Ringgit Malaysia and the cash pile is constantly piling higher. Very strong possibility more attractive dividends will be declared. Potential upside will be there.

Just imagine this coming June, the company's attractive QUARTERLY dividend of 13 sen is already so much higher than Bank ANNUAL FD interest. Congratulations to all shareholders.

With this enormous cash pile of Billions of RM and constantly growing the company is in very comfortable surplus cash position to declare attractive dividend. 13 sen quarterly dividend will be paid out in early June. Very confident more attractive dividends will be forthcoming.

plus paying 13 sen dividend in early June.

Please read the excellent written article - The Enigma Supermx by Ben Tan as listed in the Headlines or now in his blog. The article is very refreshing.

Quote " .... Supermax might be looking into securing a contract with the US federal government in order to ensure preferential treatment as a direct supplier."
" Last but not least, the notes on selling prices in the quarterly report were vague and were unfortunately (but as expected) misinterpreted "

You must read the WHOLE article to fully appreciate and understand it.

Happy reading.

This is a very profitable company with Profit after Tax amounting to Billions of RM and at the same time has enormous cash pile of Billions of RM in the bank accounts. The company has not forgotten its shareholders and has rewarded the shareholders with very good dividend of 13 sen which is payable this early June. It has made a strategy decision to invest in USA by opening factories in USA the largest and most lucrative gloves market in the world wisely utilising its enormous cash pile. More positive news will be coming out. At this very challenging time there are not many counters in Bursa that can match the excellent performance of Supermx. Congratulations to all shareholders. Best Wishes.
.

Goff this is a Open forum where people can frankly exchange their views. We certainly did NOT protest that you have posted your views but we also have our rights to post our different views. Then you started to be abusive. By the way if your views are correct why you need to be so abusive. What a shame.

Goff, what a shame. Do not be abusive. This is a open forum. Behave yourself.

Goff, every counter not only Supermx is subject to changes and challenges and investors have to bear the consequences. Surely if you have invested your hard earned money in this counter you must have certain degree of optimism with the counter. If you are not comfortable a smart guy like you can go elsewhere and nobody will object to it. Unless you actually have ZERO shares in this counter. Then you better keep your comments to your goodself. Many shareholders will appreciate it.

We are taking a long term view investing in this counter. Read someone has wisely commented in the past that if you are a pioneer investor in Top Glove and did not dispose your investment then you would have make very large gains as the company generated alot of profit and has declared many round of bonus issue over the years. Of course no one can guarantee that the same will apply to another company. Whether you want to ignore the noises that someone just claimed that hot money and big boys had left the counter it is up to each investor to decide for himself or herself. It is also up to the investors to do the due diligent and evaluate the prospect of the company. Best wishes.

Goff, you must have confidence in the management of the company which you have invested your hard earned money. If you do not have the confidence in the 1st place you should not invested in them. Just go somewhere else.

Goff you get the all wrong. Do you think the company without cash can pay out dividend. As for Supermx with its excellent financial performance registering very strong Profit after Tax (PAT) and
generating enormous cash pile, the company is in very comfortable position to declare and payout attractive dividends. You will witness the payment of 13 sen dividend in early June and we are absolutely confident that the company will continue to reward its shareholders with good dividend in the near future.

Goff. Are you sure no one is excited about the opening of the factories in USA by Supermx. If you care to read about the recent articles written on prospect of Supermx you will not miss the fact they are mentioning of Supermx's USA Investment.

You claim that opening of factories in USA is very challenging. Yes of course it is not easy otherwise the glove companies would have done it much earlier. the main challenges as you know is the high capital outlay but now Supermx has the enormous cash pile to do it. Do not forget Supermx has a proven track record and rise up from a small glove company to become the big 4.

In the slim possibility the venture does not materialize then the cash pile still remains in the company and may even lead to more dividend payout !

Goff do not underestimate USA market which is the largest, most profitable and lucrative glove market in the whole world.

The most interesting thing is whether it will capture a big portion of the lucrative USA glove market ? The chances achieving it is very good based on the proven track record of Supermx augmented with proper planning and execution.

Goff surely with your intelligence you can see what are the tremendous benefits the opening of factories in USA which is the largest and most lucrative gloves market will bring to Supermx. Previous they could not do it as it require high capital outlay. But now it is completely different. With the enormous cash pile of Billion of RM and is rapidly growing they can do it.

Shareholders are very happy and appreciate the high quarterly dividend of 13 sen payable in early June which is very much better that the low Bank FD interest. To say that the 13 sen dividend cannot offset the capital loss is wrong. Many shareholders already bought the shares at low price before the run up of the share price. With the excellent prospect of Supermx especially the strategic investment of opening factories in USA surely with your intelligence you will accept why shareholders are not selling their shares.

Investing to setting up factories in USA is a excellent strategy. It has put Supermx in a very strong advantageous position to clinch and seal lucrative sales contracts. The Americans love to purchase gloves that are made in United States. Made in USA is a very powerful marketing slogan in USA. American like other people are very patriotic and would buy Made in USA product.
Interestingly will it capture a big chunk of the US market ?

The enormous cash pile of Billions of RM is growing. In addition to the wise investment of opening new factories in USA we can confidently look forward for more good dividends payout in the future.
Notwithstanding the Quarterly Dividend of 13 sen that will be paid out very soon in early June.
Supermx is rewarding the shareholders.

Hi Invest Malaysia. You are 100% correct. We are very confident that the enormous cash pile of RM3.90 Million will grow LARGER very soon. Very glad the management will utilize the enormous cash pile not for consumption but for wise investment by opening brand new factories in USA which is the largest and most lucrative glove market in the market. Well done management of Supermx. Congratulations to the shareholders of Supermx.

The quarterly dividend of 13 sen which will be paid very soon in early June ranks amongst the highest in Bursa. Congratulations to all the shareholders of Supermx.

People still unreasonably refuse accept it. With the solid cash pile this counter use it for useful investment and paying good dividend to reward the shareholders. It is not like the company will finish using the cash when it wisely invest the money. It is not for personal consumption but for productive investments ! More cash will flow back into the company when these investments turn productive and profitable especially opening of factories in USA the elargest and most lucrative glove market. By the way the present cash pile of RM3.9 billion will most likely to grow further in the next few quarters. We are exciting looking forward for more dividend in the future. Congratulations to all shareholders.

People also commented that the soild fundamentals of the company might change in the future. But what it cannot change is that this counter ALREADY have billions of solid cash in their bank accounts. The cash pile is expected to increase further in the coming quarters. The proven experienced management team with good track record will wisely use the enormous cash pile to develop and expand the company further.

People harping on the old issue of ASP falling (if any). It is very normal for ASP to fall (if any) as it is simply not possible to go higher and higher forever. But they conveniently forget to mention that the expansion of the production will help to offset it to certain level and most importantly the ASP is still much HIGHER than the pre pandemic era. The undisputed fact is that Supermx continued to be a very PROFITABLE glove company in Bursa with ENORMOUS cash pile. Not many counters in Bursa can match it especially in this very challenging times.

Please read today article namely - The Enigma Supermx. It is a 1st class & top notch article written by a very knowledgeable writer. Must read. Congratulations to all shareholders of Supermx.

There is a strong possibility that the company has already clinched the sales contract for the whole year. OBM does not in any way hinder the sales of the company. On the contrary it puts the company in a advantageous position.

No problem. Supermx has plenty of cash in its coffer and more cash will be flowing it.

Not a issue at all. Absolutely the dividend of 13 sen will be paid on the promptly very soon in early June. Plently of cash and do not forget that Supermx has already sealed sales contract for the whole year of 202. Now is only the month of May and cash will be continuing to flow in to the company. In fact we expect the cash pile to increase significantly.That is how strong is the fundamentals of Supremx.

Supermx will be setting up glove factory inside US which is the largest and most lucrative glove market in the world !

Supermx with enormous cash pile of Billions of RM is also highly profitable PAT. It ranks amongst the best counters in Bursa. Look forward to receive the dividend of 13 sen. Cheers.

A very well written and top notch article. All investors and shareholders of Supermx must read. We are very happy with the solid fundamentals of Supermx. At this very difficult economic situation how many counters at Bursa has the enormous cash pile of Billions of RM. Equally very excited with the forthcoming Supermx investment and opening of factories inside USA which is the largest and most lucrative gloves market in the world. Thank you very much Ben.

Up again today. Looking forward for the uptrend to resume this coming Monday. Congratulations to shareholders.

Now with the very difficult economic situation in the country and national MCO 3. Shareholders will appreciate the dividend of 13 sen to be paid in early June. Very fortunate that Supermx with Billions of surplus fund in their bank accounts will utilize to expand their glove business in USA the largest and most lucrative market in the world. This will bring in many benefits for the Supermx and the shareholders.

Supermx 's investment and opening of their brand new plant is USA which is the biggest and most lucrative glove market is a very significant milestone in the expansion of its glove business.
This is one of the most exciting news coming out from Supermx. Properly executed it will bring in much profits for the company. Cheers

Myinvestor, thank you very much for highlighting these useful information. Investors will appreciate these useful information. Best Wishes.

Wow just read that the payment date for the dividend is 08/06/2021. This is fast. Congratulations to all shareholders.