If can close later at 3.70 will be a good sign.

Post removed.Why?

@HoldSupermax>5.0 don't chase high but nibble on dips. Don't play contra but buy and hold >5.0

The Covid TA chart says daily cases may surpass 1 mil by early September.

@pang72 Superman has bought Gucci red underwear.
Superman would like to cat walk a bit!!
22/07/2021 1:40 PM

Haha Pang72, maybe all the Supermax supporters should also buy a pair and wear to sleep every night. Can bring ong at the morning market openings.

@planta Where are you moneymaker? It’s red. Time for you to appear and post prepandemic price haha
22/07/2021 3:16 PM

He is going to lose a big bet by QR. He will only come back after QR as MommyHomeMakers.

Today consolidation building a strong base at 3.6 is good.

@RockerArm Sold yesterday at RM3.77 n buy back 3.67 this morning.
22/07/2021 10:08 AM

Congrats RockerArm......great job, anything that can dent the shortists is good news.
#RockerBurnShortists

@https://nypost.com/2021/07/20/world-is-moving-further-away-from-end-of-covid-19-pandemic-who-official/

A top scientist at the World Health Organization (WHO) warned on Monday that the world is shifting further away from the end of the COVID-19 pandemic, owing to factors like viral variants, social mixing, the flouting of public health measures and vaccine inequities.

It would also make sense for Supermax to continue to pursue the SGX dual listing as the next step of progress and growth for the company. Won't be surprise in the coming QR if there is announcement of such plan going forward, especially now with the low global investors' confidence towards Msia. SGX listing would be a good stepping stone to US Stock Exchange.

@onhands @ToneeFa Wait later KYY will start promoting Supermax again . Then you can start to plan your exit slowly. When Unker say sell must buy, when he said sell many times then must really buy. When he start to say buy, them can slowly sell.
21/07/2021 4:19 PM

in contrast

https://koonyewyin.com/2021/07/11/why-should-investors-get-out-of-the-...
21/07/2021 6:31 PM
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https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-19-story-h1568693885-When_will_I_start_to_buy_back_stocks_Koon_Yew_Yin.jsp

When will I start to buy back stock?

Since I am holding cash, I am not in a hurry to buy back stocks. I know patience is the key to successful investment. I do not want to take unnecessary risk. Currently, we have MCO and also political uncertainty. Who will be the next Prime Minister?

In any case, I want to see investor’s reaction when Leon Fuat announces its reduced profit for the quarter ending June. Leon Fuat will make its announcement before the end of August 2021.

I will start to buy back Leon Fuat and other stocks when there is no more MCO and when workers can go back to work.
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General economy and commodity would be facing stagflation going forward. KYY may eventually decides that gloves and PPE are still the best safe haven as the pandemic doesn't look like its gonna end anytime soon and Supermax is still the best amongst the Big4, with the best global expansion and OGM potential and come 2022 will be doubling its capacity , thus the profit soon.

I think #HoldSupermax>8.0 more like it. Huat ah!

Not surprise that ASP will start to rise for gloves in line with global inflation due to Covid and climate challenge.

@pjseow The.selfish US is even.considering the third shots to improve immunity further. This will deprive the unvaccinated peoples further from getting the.first dose.
21/07/2021 4:19 PM

I think the booster jab probably won't be approved until year end, coz they need more unvaccinated ppl to be jab first, otherwise once the variant emerged from those booster jabs, the unvaccinated will have lesser chance to survive. The gap gets even bigger. The booster jabs will need to be updated to be Delta variant specific, otherwise its no use.

@Maridien2 3.75 big road block, hope can break la
21/07/2021 4:29 PM

No worry, just hold, nibble and hold. Don't sell. Let shortists sell, we just nibble and hold. Don't contra play. #HoldSupermax>5.0

Still gotta be cautious, don't contra play. Just nibble and hold till >5.0.

Wait later KYY will start promoting Supermax again . Then you can start to plan your exit slowly. When Unker say sell must buy, when he said sell many times then must really buy. When he start to say buy, them can slowly sell.

Actually, I foresee this year cases will substantially exceed last year cases, with more death too.

Looking at it, the shortists have to push Supermax price higher to entice the supporters to sell to them, compared to other glove counters. If you keep holding, they will get more desperate. Likely in August , we will witness global daily cases touching the 1mil milestone. Time is running short for shortists.

#HoldSupermax>5.0
This morning green is good sign that glove may have finally reversed the downtrend for the moment. However, continue to be cautious. Don't chase high or contra play. Supermax retailers/supporters should continue to hold tight tight and don't let go cheap cheap. The long hauler can slowly nibble the shortists shares up, buy and keep, slowly short squeeze them. Don't cut loss or earn nasi lemak profit, but collectively hold for >5.0.There's so much to look forward to as below:

1. potential sbb by Stanley, so cheap for Stanley to SBB now.
2. potential FF coming in to average down their investment
3. potential good dividend reward for end FY21, so much earnings to distribute. Better than FD
4. potential OGM deals updates, with coming wave the urgency for strategic supply chain will be
higher.
5. potential US expansion update. Such expansion would now be seen as a smart move in light
of halted operation due to EMCO. Cannot put too many eggs in one basket.
6. Potential suspension of RSS due to worsening economic conditions for retailers. 580,000 MSME
owners will collapse if lockdown persist. Many of them likely to be retailers at Bursa. FM need to
assist by suspending RSS like last year.
7.Covid coming big wave could wreck havoc to the global healthcare system worse than previous
waves. ASP may start rising again due to acute glove shortage. Remember 80% of the global
population have not been vaccinated yet. This time it will hit many more countries which were
spared in previous waves much harder, and infect wider demographics of the population, therefore glove demand from these new markets will be exponential.

With PE of 2.5 at current price, there's nothing much too lose. Whereas all other sectors will be hard hit, gloves will continue to earn supernormal profits.

#HARI HARI NAIK SIKIT SIKIT, LAMA LAMA JADI BUKIT

The 2 biggest glove markets US and UK will need to prepare with record gloves stock pile for the huge Delta tsunami about to hit them. US ain't buying from China and TG. Maxter Healthcare Inc would need to play a bigger role to meet the US huge glove demand.

MM, tell your shorty bosses to get out while they still can, coz later nobody want to sell their tickets cheap anymore.

@pjseow Toneefa, kyy may start buying.supermx again. haha.
20/07/2021 10:47 PM

Ya pjseow, not surprising. He had written Supermax off with his last sermon, followed by 3 eulogies. After that he held monthly memorial services for glove counters in general. Maybe now he is thinking of proclaiming Supermax resurrection soon, 3 months after his last eulogy.

https://edition.cnn.com/2021/07/20/politics/covid-reality-check/index.html

A day of reckoning shows America's pandemic battle is sliding backward
"If we don't get a significant proportion of these recalcitrant people vaccinated, you're going to be seeing a smoldering of this outbreak in our country for a considerable period of time," Dr. Anthony Fauci, the government's top infectious diseases expert, told CNN's Kate Bolduan on Monday.

https://edition.cnn.com/videos/health/2021/07/19/monologue-bolduan-covid-19-fauci-smoldering-outbreak-vaccinations-delta-ebof-vpx.cnn/video/playlists/coronavirus/

Fauci warns about 'smoldering outbreak' of Covid-19 without vaccinations

Dow tumbles 700 points will pull down KLCI - Koon Yew Yin

Covid cases have rebounded in the U.S. this month, with the delta variant spreading among the unvaccinated. The U.S. is averaging nearly 26,000 new cases a day in the last seven days through Sunday, up from a seven-day average of around 11,000 cases a day a month ago, according to CDC data. Cases were already flaring up around the world because of the delta variant.

Malaysia: Malaysia has a total of 928,000 Covid 19 cases and 7,148 deaths. These 2 figures are still surging. The 7 day average cases is 11,809 cases. Last September last year started to have Covid 19 cases as shown on the chart below.
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So it takes DJ drop to wake KYY up. Had he read our postings here he would have woke up much earlier.

@Slc1 From John Hopkins

Reduced counts in U.S. cases and deaths are the result of states and territories not reporting the information for some or all of the weekend. Those states and territories are: Alabama, Alaska, Arkansas, Colorado, Connecticut, District of Columbia, Florida, Georgia, Guam, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Northern Mariana Islands, Oklahoma, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, U.S. Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
20/07/2021 9:37 AM

Looks like not only US is under reporting, many other countries are doing it by reducing testing as well, so that politically the Gov't looked better, as if they are carrying out a good job. Problem with Covid is, the more u hide the bigger the explosion will be later.

MM, pls ask the shortists to quickly get out also and don't come back anymore. Why the still keep 66mil inside Supermax? ask them to foff la.

Global stock coming rout is fueled by fear of global stagflation ie high commodity inflation combined with Covid stagnation. Going forward, only safe haven sector is healthcare. Hospitality will face serious collapse. Not sure if even Genting can survive this Delta and subsequent variant waves.

yup pjseow, no more cheap goods from China. If they want to match our glovemaker quality to quality, they won't be cheaper than ours.

Quite likely the case. If these 2 days DJ have serious drop, then recovery stocks will be under pressure. Glove will be seen as safe haven with at least 8 more quarters of supernormal profits.

Ya DJ is ripe for correction at least should drop by 10k.

DJ is F

riko, thanks for sharing. Do update us on regular basis. No doubt price should be on up trend but just have to be patient. With UK opening, we will be seeing different level of numbers playing out.

Btw Maridien2, still need to be cautious, don't just jump in, but nibble a bit only when price dip. Don't chase high.

No surprises, as the shortists can move the price at their whims and fancies regardless of the company fundamentals. And its all legal and within the regulations.

@Maridien2 Who so powerful? 3.42 last price at 4:45pm also can pull down to 3.39 haha.
19/07/2021 5:15 PM

MM's boss

SM21, you see what I mean ? The shark's rep just thank us for their today's loots. Really sad.

Actually sm21 it doesn't matter what we post here. In the naysayers own words, we don't matter to the market. The retailers are just small fry. We cannot move the price either way, that's the prerogative of the shortists and sharks. So is it so important if our views are heard or not? Do you like to read spams from naysayers repeating the same thing everyday? Of course no one should incur any losses, esp the retailers, but the ppl who make the gains are the shortists and the sharks. You need to write to Bursa and make a complain against them, esp the shortists and ask Bursa to suspend RSS for 12 months. And write to complain to EPF to stop using our money to buy glove shares to SBL to the shortists to cheat retailers money. I agree, lets have a fair investment and trading by suspending RSS ASAP.

Yup 4Qr profit should be close to RM 1b. FY21 EPS should be around RM 1.40; FPE is 2.5 now.
Cash in hand = RM 4.6b

@MoneyMakers Wait 13 days left coming QR drop to 2.5..real massacre coming

Then can blame flaggers remove all contrarian ideas
19/07/2021 2:58 PM

MM, no difference after 13 days bcos will u disappear alrdy from this forum. But if you do come back then better change ID to MommyHomeMakers and wear real masscara coming QR.

I agree with you ThePowerOfGlove, but I think Boris and gang may have thought thru all options and do a calculated gamble despite advise from experts on the contrary. I believe if things doesn't work out they will U-turn. At least they have shown guts to the people that they are doing something different and hope for a positive change. The window is small for the try out before the winter comes in 4 months time. The initial results will be bad for sure, but they are hoping ppl will learn how to take care of themselves to avoid the infection by voluntarily putting on mask and proper PPE. Ultimately, that is the only method to deal with the situation, individual personal responsibility. Means, every minute of the time, individuals need to do all that is necessary to protect themselves. They just have to make sure hospitals are prepared for the onslaught and stockpile lot and lots of gloves and PPE.

hey sharemarket21,
If its any consolation to u, I can't help but noticed that ever since the naysayers postings were deleted the price has recovered and moved up from low of 3.04 to high of 3.56. Are you happy with that? And when they have freedom to speak for last 9 months, the price went down from 10.0 to 3.0 .So if the price keep going up later, do u wish for Mr Forum to continue removing the comments?

Yup Maridien2, I agree. But the world is at a crossroad now facing the crisis and dilemma between saving lives or the economy. Politicians have to make the decision and its not an easy decision. I respect Boris over the way he handled Brexit. He is a bulldozer and you need that to solve Brexit. Though I m not sure you can do the same for Covid, but I can understand why he is doing it. Actually, there not much options left. Medical ppl will always just look at saving life, but politicians have to find the balance. I think I may do the same in his position, but just make sure the healthcare facilities are prepared for it and stock up plenty of PPE.

https://www.cnbc.com/2021/07/16/englands-lifting-of-covid-lockdowns-a-danger-to-whole-world-experts.html

William Haseltine, a U.S. virologist and chair and president of ACCESS Health International, told the panel at Friday’s summit that the world had “always looked to the U.K. for great, sensible policies.”

“Unfortunately, that has not been the case for the Covid pandemic,” he said. “What I fear is that some of the worst impulses in many of our states will follow the U.K. example.”

Haseltine slammed so-called herd immunity strategies — where populations are allowed to build up natural immunity to an illness through exposure to it — as “murderous.”

“I think that’s a word we should use, because that is what it is. It is knowledge that you are doing something that will result in thousands, and in some cases tens of thousands of people dying,” he said.

Yaneer Bar-Yam, president of the New England Complex Systems Institute and founder of the World Health Network, said that now was the time for governments to act — but in the opposite direction of British lawmakers.

“Opening up when the pandemic is still propagating doesn’t make sense for protection of the public,” he said. “Everybody is affected once the pandemic is out of control.”

Haseltine also noted that vaccines alone would not bring an end to the pandemic.

“Even if you are fully vaccinated, you must follow serious efforts and control to try to eliminate, not just mitigate, the problem. Policies that open up the country in the midst of a growing wave of infections are counterproductive in the most extreme,” he warned.
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With UK opening up, more trouble ahead with the pandemic? Medical experts think so. Likely will expedited emergence of new more powerful variants.

Between many countries getting hit by Delta and countries opening up soon , expecting so many new cases and hospitalization, I really worry there's not enough gloves to meet the coming demand.

https://www.theguardian.com/world/2021/jul/18/uk-covid-cases-could-hit-200000-a-day-says-neil-ferguson-scientist-behind-lockdown-strategy-england

Covid cases could hit 200,000 a day in the UK this year and cause “major disruption” to the NHS, according to the scientist whose initial modelling helped shape Britain’s coronavirus lockdown strategy.

Prof Neil Ferguson said it was “almost inevitable” that Monday’s final phase of unlocking would bring on 100,000 daily cases, with about 1,000 hospitalisations – despite roughly half the UK being fully vaccinated. He added that he could foresee a situation in which the case rate expands to twice the size.

“The real question is do we get to double that – or even higher,” he told BBC One’s Andrew Marr Show on Sunday,. “And that’s where the crystal ball starts to fail. I mean, we could get to 2,000 hospitalisations a day, 200,000 cases a day – but it’s much less certain.”

Daily hospitalisations surpassing 2,000 a day is equivalent to the level in the week leading up to Christmas. Although people currently being hospitalised do not fall as severely ill, and are much less likely to die, Ferguson said that “if you have enough cases, you can still have quite significant burden on the healthcare system … major disruption of services and cancellation of elective surgery and the backlog in the NHS getting longer and longer.”
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Wow 200,000 daily cases with 2,000 hospitalization per day. They have to prepare to stockpile a lot of gloves for this. If later every nations have to do this, where got enough gloves to supply to so many countries at one time.

thanks klee for ur tips. You should hang around , in case if I need more tips from you later.

Thanks klee, but I think in the next 2 years, no need to worry about the chinese factories. In fact soon we be glad the Chinese glovemakers have expanded their capacity, bcos the shortage may be so acute that all glovemakers may struggle to fulfill the demand. Afterall gloves should be all about saving lives and saving humanity from collapse. Personally, I only buy Supermax due to its OBM biz with OGM potential and Stanley's plan to expand to US & UK as well as doubling of capacity within the next 12 months to 48bil pcs.

https://edition.cnn.com/2021/07/17/asia/indonesia-covid-second-wave-outbreak-intl-hnk-dst/index.html

Indonesia's crisis is now playing out in a similar way as India's second wave, with a shortage of oxygen tanks and patients traipsing from hospital to hospital trying to find help. Sudirman Said, the secretary general of Indonesian Red Cross, said patients were traveling for hours to access vital medical care.
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Indonesia is a human catastrophe now. Many children and babies are getting sick and dying too.