Harta green, kossan and top are going to be green, Supermx... Coming soon. Have faith people...

High5 Gloves counters went into Hibernation...Super low volumn

______________________
Low volume because only ikan bilis selling.
Big boys are collecting.

Good, Selling pressure has reduced tremendously. As long as DOW is stable, superman should start to fly higher higher slowly and slowly.

Top is green already.

https://www.facebook.com/5550296508/posts/10161007622601509/

I still remember last time during Feb until March, during IDSS time, Supermx got pressed down multiple times. As usual many panicked sell. At one point, many Supermx retailers decided not to fall pray to to the idss player by not selling. From the moment on Supermx started to go up. The greatest catalyst came when Uncle KYY released an article talking about gloves. This caused or triggered Share buy back by the company and you know what happened. Supermax started to shoot up like there's no tomorrow.

Multiple rounds of washing by the big boys. Overall going higher and higher.

pang72 Aiyo...

Uncle finally you post a better write up on glove. It is Supermx...target of rm14!
But comfort tak boleh la!!!
22/06/2020 10:07 PM

_______________________

Wah...pang72 sifu,
long time never heard from you...
Still holding Supermx?

https://www.facebook.com/1566196826956920/posts/2691250664451525/

secretinvestor8888 u see next week ASTRO and PERMAJU will rise again! dont regret you didnt buy ok? always curse me even if im frequently right? AIRASIA, GENM, SUPERMX all go up as I predicted!!!
21/06/2020 4:11 PM

______________

Hahahaha... What a joker.
You have been insisting people to cutloss/cutwin Supermx together with your many friends.

I believe many here have panicked and sold at the point where you must have bought.

Unlike permaju, Supermx did rebound and gonna go even higher in the long run because the fundamental is there.

During pandemic time, Supermx profit is going to increase continuously. Covid-19 is far from over. I didn't hear the WHO saying Covid-19 has peaked or even better declare that we have won the war against Covid-19.

On the other hand, WHO warned that cases are increasing at an faster rate. Vaccine is also in limbo. An effective vaccine is not available yet. If available also need to mass produce and give out to people. They say we need to be vaccinated annually for Covid-19 bacause the virus mutates.

So many good souls here warning people to stay away from the glove counters. I hope God will bless this great souls ; )

secretinvestor8888 TOP PICKS NEXT WEEK:

ASTRO (POTENTIAL UPSIDE +48%)
PERMAJU (POTENTIAL UPSIDE +88%)
21/06/2020 1:05 PM

_____________________________
Serious ah!

Astro reported lower profit (drop by 50%).

Permaju has been vomiting blood for past 7 days (from 0.81 to 0.42 with increasing volume). Fundamental is also out.

Both shares has touched the lower part of the Bollinger's band. May rebound. But be very careful people with this secretinvestor8888.

https://www.thestar.com.my/news/world/2020/06/19/chinese-vaccine-may-not-be-ready-for-sale-until-at-least-2021---state-media

This is for our beloved mf.... The bot.

https://www.facebook.com/f1traderacademy/videos/648378595752494/

EngineeringProfit Congrats!! Cheers!!

Did you buy back?

Bullish engulfing?

hsyanbird aiseh.... earn until no tear now..
19/06/2020 3:52 PM
_____________
Congratulations!
hsyanbird... Where is your friend? We miss her lah.

iswara forming triple head
________________________
Please explain. Thank you.

Wow... Topman is up 52 ¢ already.

If this momentum can sustain, closing time may fly higher. Just guessing : )

Congratulations to all who are still holding and didn't panic sell.

The bull is getting impatient.

Kimgold = YTH888.
Confirm. Hehehe....

Buy, sell, hold or add. You decide. Don't listen to others.

For long term, this counter is golden. Short term is abit shaky.

https://research.sginvestors.io/2020/06/rubber-gloves-malaysia-uob-kay-hian-research-2020-06-17.html

1) Open the link above
2) Click continue reading
3) Download as pdf

Please download the job report as pdf. From there you can see that institutional share holding of Supermx has increased tremendously from Jan 2020 to May 2020.

On the other hand, public/retailers share holding has dropped from 18% to 12%.

Foreign share holding has dropped a bit by 1%.

Now you know who has been collecting.

Please download the job report as pdf. From there you can see that institutional share holding of Supermx has increased tremendously from Jan 2020 to May 2020.

On the other hand, public/retailers share holding has dropped from 18% to 12%.

Foreign share holding has dropped a bit by 1%.

Now you know who has been collecting.

secretinvestor8888 the winner tomorrow starts with letter "M", KOSSAN and DRB-HICOM... sell your SUPERMX and LCTITAN and GENTING to buy some "M"...

_______________________________________________

Start with M...?
Hahahaha.... Such a joker.
There are so many companies which starts with M...

Don't listen to joker. Caused people to lose money.

If a price war happens, Supermax will emerge as the winner because It sells gloves that manufactured by itself under its own distribution channels unlike the other glove manufacturers. They manufacture and sell it in bulk to distributors who will put their own brand and sell it to customers (the end user).

Topglove also got OBM but not as much as Supermx.

Wah... Kossan got show!

Dow future up +150.

Topman gonna green very soon.
Bursa already green.
Dow future is also green.

Thank you Newplayer286 for the post.
Excellent insight of the glove industry.

During H1N1 time, lead time increased from 30-45 days to 4-5 months (don't believe me? Pls read the quarter report in 2009 and 2010)

Now, the waiting time is 12-14 months.
Don't want to wait? Pay spot order price.

Continues ASP increase.
Supermax is OBM. Better bargain power.

H1N1 time, high raw material price, low USD (go and read the 2009 and 2010 quarter report)
Now, chead raw material and high USD.

Long term, glove counters prospect looks bright.
Especially Supermx. Please compare the results of all the glove makers during H1N1 pandemic. Then you will know the answer.

Thank you tiantsai for the information.

In my opinion, having a vaccine is not bad to glove counters at all. Doctors still need to use glove to inject vaccines.

For vaccines to be effective, we need at least two doses/shots. A few days ago I read that we may need to vaccinated every year for Covid-19.

A vaccine will infact increase gloves usage and most importantly stabilize the market. When the market is stable, glove counters will start to run again.

Of course, weeks before the release of results, you will see the share price start to spike like crazy.

Good luck to all!

Relax people. Dow future is dropping a bit. Will bounce back up. Today is the last trading day for Supermx-C79. Tomorrow no more trading for this warrant. Tomorrow will be better.

tiantsai i just study the chat of supermx and comfort, found harami, but i dont know is bullish or bearish, because the candle five me yesterday and today are red one in cimb i trade.

_______________________________________________
If you think you've detected a Harami, check for the following criteria. And don't worry – it's very easy to spot!

There is an obvious trend occurring, whether it's an uptrend or a downtrend.
The first candle must continue with the trend's direction. It will be the same color as the current trend, and it will have a long body.
The second candle must be contained within the first candle's body (so it opens and closes within the limits of the first candle). It can be either color, and it will have a smaller body. Only the body needs to be contained within the first candle; the wicks are irrelevant

It's a bull
It's a bull
It's a bullish harami

Wah YTH888 is back. Hope she doesn't wreck havoc. Stay safe people.

Dow future is in uptrend. It will shoot up very soon.

Remember, President T... won't let US market to sink.

Supermax C79, tomorrow is the last trading day. Suspension is on Thursday.

YTH888 I troll so i can collect cheap at RM6.87. Reach RM10.90. Good profit. U guys kena tipu by me. hahahaha!!! Tomorrow morning u Check buy queue...
16/06/2020 12:29 AM

_________________________________________________
The Godsend analyst/sifu
Report her to mcmc.
Let them track her.
Saman her kaw2
Teacher har a lesson.

Cup sudah ada... Waiting for handle. Then shoot up again?

CharlesT when price is up team A will be around

when price is down team b will be around


lol

_______________________________________________
Hahahaha Good one bro...
Yesterday I was scared to comment not because of the drop but because of the beasts with 888 ending at back. Really scared ooo.

Hope people learnt their lesson.
Listen to no one but to your own analysis.

Is history going to repeat itself?

H1N1 outbreak/Swine flu (2009-2010)

The 2009 swine flu pandemic was an influenza pandemic that lasted for about 19 months, from January 2009 to August 2010, and the second of two pandemics involving H1N1 influenza virus.
_______________________________________________
Let's look at Supermx's past financial reports

#Q1 2009 (Jan-march 2009)(Pre H1N1)
*Revenue: RM 192 372 million
*PAT: RM 19 707 million
*Profit margin: 10.24%
*EPS: 7.43 Sen (256270 shares)

#Q2 2009 (April-Jun 2009)
(QR report mentions about H1N1)
*Revenue: RM 188 485 million
*PAT: RM 25 783million
*Profit margin: 13.68%
*EPS: 9.72 Sen (256270 shares)
*Profit change compared to previous quarter: + 30%

#Q3 2009 (July-Sept 2009)
(QR report mentions about H1N1)
*Revenue: RM 237 562 million
*PAT: RM 40 150million
*Profit margin: 16.9%
*EPS: 15.14 Sen (256270 shares)
*Profit change compared to previous quarter: + 35.78%

#Q4 2009 (oct-dis 2009)
(QR report mentions about H1N1)
*Revenue: RM 196 417 million
*PAT: RM 44 112million
*Profit margin: 22.46%
*EPS: 16.44 Sen (256270 shares)
*Profit change compared to previous quarter: + 9.87%

#Q1 2010 (Jan-March 2010)
(QR report mentions about H1N1)
*Revenue: RM 220 652 million
*PAT: RM 51 473 million
*Profit margin: 23.32%
*EPS: 18.97 Sen (256270 shares)
*Profit change compared to previous quarter: + 16.69%

#Q2 2010 (April-Jun 2010)
(QR report mentions about H1N1)
*Revenue: RM 234 825 million
*PAT: RM 45 856 million
*Profit margin: 19.53%
*EPS: 13.51 Sen (256270 shares)
*Profit change compared to previous quarter: - 10.91%

_______________________________________________
My comment (H1N1)
_______________________________________________
From Q2 2009 until Q1 2010,
* Revenue was up and down. Howering around 190 Million to 237 million
* Profit kept on increasing (21 million to 51 million)
* Profit margin increased from 13% to 23% due to increase in ASP.
* 4-5 quarters of continues exponential income (continues increase in EPS)
*Cumulative EPS : 9.72+15.14+16.44+18.97= 60.27
* Possible share price : 60.27x 25 = RM 15.++


---------------------------------------------------
Let's look at Supermx's current financial reports

#Q2 2019 (Oct-Dis 2019) (pre-covid-19)
*Revenue: RM 385 497 million
*PAT: RM 30 165 million
*Profit margin: 7.8 %
*EPS: 2.31 Sen (1 360 000 000 shares)

#Q3 2020 (Jan-March 2020) (Covid-19)
*Revenue: RM 447 247 million
*PAT: RM 71 056 million
*Profit margin: 15.9 %
*EPS: 5.42 Sen (1 360 000 000 shares)
*Profit change compared to previous quarter: +135.6%

_______________________________________________
My comment (Covid-19)
_______________________________________________
#Order is full until June 2021 (4-5 more quarters to go)
# ASP for OEM increases monthly
# OBM king (higher profit margin and faster increase in ASP)
# Higher production capacity in the second half 2020

aiyooo SELL SELL SELL
_______________________________________________
Yes correct.

Those who
- don't want big profit,
- has low tolerance limit,
- using contra
- has a tissue paper heart
- don't do proper research
- can't wait

Take this opportunity to sell. Buy back when the market is ok.

Investing/Trading is not a walk in the park.
Remember, those who panic sell yesterday already lost money.
Those who bought yesterday, already laughing to the bank.

Congratulations to those who sold yesterday.
You get to buy high.

Pity to those who are still holding. You get to sell high or hold for a higher profit.

This YTH888 (Yat The Hell 888) is Godsend.
Thank you YTH888.

EngineeringProfit IS A BIRD?
___________________________

Eh! Different tune today.

Hahahaha...
Welcome back boss!

Most probably today gonna rebound. Might be a very high rebound. I don't know. If that happens, those who panic sold yesterday can thank YTH888 and the geng for a well done job. Kikikiki....
Good luck to all.

https://www.cnbc.com/2020/05/14/coronavirus-who-warns-it-could-take-up-to-5-years-to-control-pandemic.html?__source=facebook%7Cmain


WHO warns it could take up to 5 years before the coronavirus pandemic is under control

justbuy @Fishningen

I seriously don't understand how did u get in at 10.20.
________________________________
Time travel baby!
Hahahaha.....

Thank you sifu Kim. Your words are very reassuring.

There are many coconuts in this forum that drives the people nuts into panic selling.
My sincere thanks to sifu freetospeak, sifu chief999, sifu targeted and many more sifus that guide us through this stormy sea not abandon ship.

I am sorry if I said that hurt anyone's feeling. Choose the correct sifu for quidance better still do your own research, look at the trend (trend is our friend), study the market (history do repeat).
At the end of the day, it is your money, win or lose, it is for you to keep.

Gogogo Superman!

EatCoconutCanWin No mood to joke today. Is a bad day. I felt sorry for that. Queue sell at 7.00
12/06/2020 6:49 AM

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Good luck EatCoconutCanWin. Thanks for unloading at RM 7. Many can enter Supermx at a very cheap price.