@ChaseBros <<ToneeFa>> Yes, agreed. It is not a matter of dividend but what they are doing with the profit. It is better to reinvest and cement its foothold than giving out high dividend or SBB when the future prospect is superb. Harta also conceived its unplanned NGC1.5 sometime in mid 2020 and this may cost RM1.5BM and churn out additional 19 billion gloves while commissioning will start towards Q4 2021.

- Targeted investment for 5 new Malaysia plants is RM1.39B with additional 22.2 billion gloves or +85% production capacity
- US$550M for US Plant Phase 1 and Phase 2. Even though the actual production capacity is not revealed but interpolating from the Malaysia plant, it would be probably no less than 20 billion. More than 50% of present Supermax market is US.
- £50M for UK Plant to cater Europe market

The share price appreciation for Supermax shall be greater compared to its peers.
30/01/2021 1:42 PM

Yes agree with u bro. However on the USD550M plant producing >20b capacity, I m not sure if we can extrapolate in proportionate to Malaysia investments figures, although it would be great if your estimation is correct. I would be inclined to extrapolate without considering the exchange rate factor, and assume that RM 1.4B = 22.2 bgpa and therefore
USD550m = 1400m/550m x 22.2 = 9 - 10 bil gloves p.a. Bearing in mind the cost of land, cost of design and permit application and construction will all be in USD.

@Ibelieve The first thing I saw when I signed in was the most merry and exciting thing. Look at top of page Latest Price Target.

30/01/2021 12:15 PM

Haha.bro .soon one by one they will revise upwards. Without doubt Supermax will be the EPS champion on KLSE in 2021 = 0.30+0.41+0.50(e)+0.55(e) = RM 1.76 by June. x PE10 = RM 17.60
very conservatively. BlockBPlant12 just commissioned and added another 2,2b glove p.a.

@True Actually if trust supermax stay . If lose faith just cut win or loss . So easy only . There is no right or wrong .

Dont like the dividen , tuesday just cut all your supermax stock . No Future just cut lo .
30/01/2021 12:51 PM

Agree and its True, for short term players better u all sell Super and buy TG and get fantastic cash dividend for next 3 qtrs. Supermax declaring super low dividend for now to focus on global expansion is only suitable for long term players.

@Snowpiercer The US venture will be a boo boo....watch closely
30/01/2021 11:04 AM

You may not be wrong, unless Supermax announce later they have clinched a long term supply contract with attractive ASP from Biden Admin or some other State gov't. Then the US venture will make a lot of sense. Many advanced countries are now planning to be self sufficient on their own glove and PPE productions. So how do you think they should go about doing that?

@UPlanet Next week high chance Topglove will continue Big big rocket up!!! But Supermax may sinking coz the low dividends already been an issue???
30/01/2021 10:54 AM

This is likely to happen as a knee jerk reaction. TG has set a very high bar for cash dividend. For short term players TG will be looking more attractive by the day. For long term players, Supermax will be looking better by the months.

@pharker @toneefa..i concur with your explanation. You explained better than what i am triyng say. My English not so good...hehe
29/01/2021 11:12 PM

Haha you English beh pai what, better than many barking dogs around here.

Many Supermaxians may be disappointed with the cash dividend declared mainly bcos TG has raise the dividend expectation bar very high. It would definitely have some knee jerk impact to Supermax price next week. However, if you think a bit further, its clear that TG would be slowing down their expansion plan for the next 1 year. They issue such high dividend in order to support their price to thwart off takeover attempts. Whereas Supermax will be embarking on their most ambitious global expansion plan in 2021 & 2022 therefore they need more funds for that. It will come to a time when most advance countries such as US,UK,EU and Canada may reduce or even stopped importing gloves and PPE as they want to make domestically they have sufficient producers, since its seen now as a national security matter rather than an economic consideration. So paying more is not an issue rather than relying on cheaper products from Asia but when the pandemic hits, the products got money also cannot buy which then affected their ability to save lives.

@investmalysia Hahahaha, save transportation cost?? You’re paying over 4x wages dude by setting up a factory there. With lower productivity. Think both ways la.

If that’s the case, why Apple want to made in China? Why Microsoft want to made in China? Why Tesla want set up factory in China?

If they so desperate want faster clearing time they won’t stop topglove stock for more than 6 months la.
29/01/2021 10:42 PM

You raise a very relevant question. The answer lies in understanding that this pandemic has routed many supply chains of various industries. For other products industries the consequences mainly limited to economics losses, but for gloves, the loss involves lives and national security. That's why US military arm has also invested in glove making factories now. Most advance countries now want to have sufficient glove factories on their own soil employing their own ppl and are committed to ensure they prioritize their production for the country's need in times of pandemic so that they will never have to face such serious shortage ever again in the future. The Gov'ts need to ensure such companies can sustain their business even during non-pandemic time. So they are willing to pay higher ASP even during non-pandemic times. Money is not an issue bcos such national strategic supply plan is a national security matter and not just an economic one. I would think as a business strategy, Supermax management would only commit to produce a certain capacity in US and any shortage would then be supplemented from Malaysia production line. So in that way, they can get the best of both worlds.

Post removed.Why?

@Agjl ToneeFa @MichelleNg Tomorrow jpm will follow buying early morning....push to the sky and RSS again.
28/01/2021 4:22 PM

U may hv a point but remember Supermax QR will be fantastic with great rewards coming. Don't give in to the extra plates of chicken rice but #Hold-tight-tight for the Buddha Jump Over Wall. Don't give in to small gains but look to the joy of choke and squeeze the shorties.
28/01/2021 11:06 PM

I wonder what our lovely bro ASSWANKER has to say tmrw...still 4.60??

Haha tmr he will be waiting for the China anal swab test, coz he be having chills and diarrhea

@MichelleNg Tomorrow jpm will follow buying early morning....push to the sky and RSS again.
28/01/2021 4:22 PM

U may hv a point but remember Supermax QR will be fantastic with great rewards coming. Don't give in to the extra plates of chicken rice but #Hold-tight-tight for the Buddha Jump Over Wall. Don't give in to small gains but look to the joy of choke and squeeze the shorties.

@PZOGRO HOT!

WHY SIFU SIFU IN TOWN ASKING YOU TO BUY GLOVES TOMORROW?

https://youtu.be/TAL-pZVqRJM

FLY FLY FLY!!
28/01/2021 9:57 PM

Theme for Feb is Choke & Squeeze The Shorties To Death.

@lavenderguy ikanbilis power?
28/01/2021 10:08 PM

yes ib power!

@gLOVErs @toneefa yes I was referring to you as one pioneer .. kudos !
28/01/2021 10:07 PM

I wasn't the pioneer, @fts and KYY were making the calls earlier. Anyway #Hold-tight-tight>RM12 . Hold until at least it hits the ATH price.

@gLOVErs @ToneeFa ... very few here have been preaching to hold tight2 ... never too late though, all good work comes to fruition ....
28/01/2021 8:46 PM

I was advocating #Hold-tight-tight as far back as 3 months ago as I attached the posting as below:

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD
Nov 8, 2020 8:35 PM | Report Abuse

Most of you would know this is a highly volatile counter with high level of unpredictability. Some say up to 80% of those who play contra will lose. The best is if you are convinced the counter is a good investment, just buy and lock up for at least 6 months. At least keep until share dividend issued then KLCI inclusion and after that dual listing in SGX. No matter what price you buy tomorrow, the reward should be good in 6 months. No need to speculate or second guess the market.

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD
Nov 7, 2020 1:34 PM | Report Abuse

Ya agree with Mobius. With normalisation of the global political and economic relationships back to what it was during Obama era, Asia and SEA emergimg markets will become more peaceful and benefit from economic confidence as global cooperation improves under Biden. But the issue of smooth and peaceful transition of power to Biden need to happen first. If US fell into civil war and anarchy, then global stock market will be negatively affected.

As for Supermax, FF will be coming regardless, once inclusion into KLCI and SGX dual listing happened. So hold for next 6-12 months and you will definitely Huat!!

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD
Nov 2, 2020 11:37 AM | Report Abuse

Ppl pls buy and keep for at least 6 months and not try to play contra.

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD
Nov 1, 2020 11:48 PM | Report Abuse

@Gooner82 Good decision there, like you I m all in on Supermax hoping for a early retirement too. Will only sell when the valuation substantially overshoots the fundamental, only to buy back later. Meanwhile, lock it up for min 6 months.
28/01/2021 9:45 PM

@Ibelieve ToneeFa @trueinvestor Retailers already unite...join them now..almost 7000 members now...going to 10000.....together we unite....
28/01/2021 8:26 PM

Great, the small bilis should just #Hold-tight-tight and let those with higher capacity to do their stuff.
28/01/2021 8:43 PM

Oi, old man in the house and have no clue of this youngster thing, what and where is that 7000 members things?
28/01/2021 8:51 PM

Haha..bro, old men like us should just sit back and hold tight and let the youngsters do their thing.

@trueinvestor Retailers already unite...join them now..almost 7000 members now...going to 10000.....together we unite....
28/01/2021 8:26 PM

Great, the small bilis should just #Hold-tight-tight and let those with higher capacity to do their stuff.

@BloomBird I also hope so but source of rumor quite reliable too

diuleiloumei Hope this will be real.

BloomBird There a rumor that QTR result will be announce 1st week of Feb estimated PAT of 1.3 B + dividen 0.20 + bonus issue of 1 W for 2
28/01/2021 4:12 PM

BloomBird the rumor sounds quite possible. I expected the PAT to be >1.3B + cash dividend of 0.25 + bonus issue 1:1. If bonus issue 1:2 is still possible , maybe bcos the SGX dual listing could be brought forward. For dual listing, Supermax definitely have to expand the share base to achieve the desired liquidity to attract higher FF participation. So bonus 1:2 is quite possible and can be easily supported by the supernormal earning and will lend a big help to the short squeeze efforts.

@eddie1884 guys use this #GLOVERETAILERUNITE in ur social posting.

lets it trending.

rally all ur friends, untie, uncle, amma, appa, atok, nenek, gf, bf... rally ALL
28/01/2021 7:12 PM

Some of us have been calling for that retailer unity for some time now, we have been asking ppl to
#Hold-tight-tight

@Ibelieve Just saw an ambulance passed me by with a polis car escort, must be Covid patient.
26/01/2021 11:16 PM

Must be another VIP minister kena lottery.

Post removed.Why?

@MatKoh glovefinish sounds extremely desperate and damm 7 cheong hei tonight. Must be on heat.
26/01/2021 10:37 PM

Ngam la my male husky tonite very restless , keep howling to the moon

@Ibelieve ToneeFa https://edition.cnn.com/2021/01/26/business/astrazeneca-pfizer-vaccine...

All these vaccine companies really over promise but under deliver. Falsely raising hope then have to say sorry later.
26/01/2021 10:00 PM

Ha bro, our promised jab of Pfizer become Sino-casino really gone case already. We all smelt problem! Side effect problem, under-supply problem, alternative problem, reliability problem, credibility problem, desperation driven problem.
26/01/2021 10:06 PM

Yup bro, 2-3 months ago we were oredi analyzing and foresaw what we see today on the problems that will face vaccines and really all came true. I wrote a bundle on all these potential problems happening, and I dare say all happened exactly as forecasted. All the initial excitement on vaccines has more or less died down. Msia Gov't don't hope to get Pfizer la. Its a very long queue. China vaccines are no better than sugar water. Haha Sino-casino rhymes well.

https://edition.cnn.com/2021/01/26/business/astrazeneca-pfizer-vaccine-delays-europe/index.html

All these vaccine companies really over promise but under deliver. Falsely raising hope then have to say sorry later.

@Targeted https://www.cnbc.com/2021/01/25/covid-vaccine-moderna-working-on-covid...

Additional round of vaccinations coming up......

So now need 3 shots...........
25/01/2021 11:49 PM

As more vaccinations are carried out, there will be more variants coming out, likely they have to catch up with the mutations every 6 months. That's why the Harta boss said "In light of these circumstances, we expect demand to continue to outstrip supply for the next few years," The glovemakers have analyzed and know the real situation going forward.

@bikay101 A gap up for all glove counters tomorrow morning will do justice for the fantastic earnings report from Hartalega.
25/01/2021 11:46 PM

Hold your tickets tight tight as you enjoy the coming roller coaster.

@Mtrade https://koonyewyin.com/2021/01/25/hartalega-leads-the-way/
25/01/2021 11:57 PM

KYY said "Assuming Supermax’s profit for 2nd quarter ending December goes up proportionally like Hartalega, EPS should be about 50 sen. "

I made the same prediction in proportion to TG QR on Jan 9 as below:

Stock: [SUPERMX]: SUPERMAX CORP BHD
Jan 9, 2021 11:36 PM | Report Abuse

Goldberg, you seemed a bit conservative with PAT RM 1.1B . TG has doubled up its PAT in latest QR. I believe its possible for Super to hit at least RM 1.35 B which equate to EPS 0.50 based on latest cancelled shares NOSH. And if Super management announce 50% PAT dividend policy every qtr, then we be damn happy with 0.25/share.

Watch out for the new mutants, but its ok, as Israelites can re-vaccinate all over again in 6 months time.

@Ibelieve @staedy bro, once in a blue moon my old lady would come up here to check on me, but she's cool with my nonsense here, and not to worry, all these posts will sink to the next page and she wont bother to read that far also. After all, I told her bout all my Ex also, nothing to hide.
23/01/2021 9:16 PM

Bro ur old lady really love u so much to take the interest to read ur postings. My old lady couldn't give a damn unless she smells something fishy.

@bikay101 Latest vaccine news are mainly negative
- production/supply issues
- delay 2nd shot beyond recommended 21 days
- more infectious and deadlier new variants
- current form vaccine less effective against new variants
- can still be infected after vaccination
- The Norway deaths post vaccination
- The numerous side effects
- etc blah, blah, blah....

Local media talking about the above?
23/01/2021 9:32 PM

Vaccines are suffering from too much over promise but ended up under deliver. All bcos of profit and political pressures. I think now most vaccines companies are realizing the need for better quality control of their end products, that's why scaling back the production rate to ensure purer end products, especially after Pfizer sent 29 Vikings to Valhalla, most likely due to contaminated or defective batches.

@Agjl staedy Agjl Hahaha seems like i have been missing many juicy parts since i left the forum weeks ago. I miss anything? Hehe. I mean the 13 gf part and the necklace?

Welcome back bro Agjl. Dont know about the 13 gfs, just thought maybe IBelieve bro's wife found out about his gf glovefinish who got wrap nicely, in a bunny suit and being presented as his birthday present. :-) so the needs to buy a diamond necklace to 补祸。

Hahaha staedy bro....dun forget there is also RHBIB our bro IBELIVE first love in super forum.

IBelieve bro will be lucky if his escapades with rhbib or glovedinish can settle by just one neckclace...just hope that he wont get punish by kneeing on cockle shells...wakakakak

By the way, spiritually and mentaly never left super. Only visionly left cos its too toxic to read all the barkings....never sold any of my old holdings but in between trade a bit to earn few plates of ckn rice...during good day lucky to add a drumstick...not so good day just ckn rice with timun only..

Hope we all can have aboline CNY eve dinner soon. Cheers!
23/01/2021 8:53 PM

Haha..bro Agjl, I have also taken a break from this forum for 1 week, yeah just try not to read all the naysayers dogs toxic negativities. When i open the forum and see all the dogs running around and barking and pooping all over the place, just didn't feel the mood to participate. Good for you , u manage to get a few plates of ckn rice, I was just nibbling but kept them as long term treasure shares.

@Agjl ToneeFa @AdCool @ToneeFa, the strategy is to declare higher dividends and let the hidden hands lose out the dividends if they cont to short. They have to pay for the interests on loan shares and also spent some significant amount to push down the shares by selling low on their own holding as well as paying for dividends to the lenders. That would be triple blows to them.
23/01/2021 5:45 PM

The hidden hands don't care about the dividends. They got bigger fish to fry. So even with TG announcing fantastic dividend policy, and after much SBB by LWC, the price still keep bleeding keep keep bleeding in gloves. Their target is to take control over the biggest glovemakers in the world.
23/01/2021 5:56 PM

U r damn right bro! This is what i have in mind pf all these negatives on TG day and nite bybtye media. Its clearly concerted efforts by a group to hostile takeover. Thus explain why the owner is defending it with all costs, that involve family members, son and daughter, sis in law and etc buying into the company...

Like the saying, some are just lazy axxhxx....!!! Like to take over a well ouled company which lay golden eggs!! True pest!!!
23/01/2021 7:28 PM

Actually its opportunist sense. Just putting 2 + 2 together, I deduce that the hidden hands saw the opportunity due to factors below:

1. Glove prices hit their ATH in August
2. Many CW that were under priced were expiring between Sep - December, so the local IBs may
need to do something to minimize losses.
3. Vaccines were projected to be approved and deployed in Nov-Dec, so sentiment may change.
4. But many countries continue to face shortage of gloves
5. With ASP climbing and glove supply chain under tremendous pressure to meet demand.
6. Many Gov't were planning to sign long term supply contracts with glove distributor/ suppliers.
7 . Many big healthcare group players, who are major glove distributors in the West know that
glove demand will continue to be high way beyond 2022-23, but their balls are being squeezed
by the Big4 glovemakers.

So likely, someone you know who la, saw the opportunity to "matchmake" the interested buyers ( major healthcare groups in the West) with the "hopefully potential seller", but the price need to be played down a bit. Therefore the hidden hand attacks on esp TG, bcos its the biggest fish they wanted to fry. TG boss would have got the wind on it and went into SBB frenzy, probably the offer price was way too low to his liking. I mean when he heard RM 3.50 he probably vomited on the spot. Their main targets are probably any of the Big4. So now our Superman need to come to the rescue. The timing for his SBB may be better than TG. Likely this SBB will be supported not only by share and cash dividend combined, but also unprecedented long term supply contract with attractive ASP to boot and news on further progress on the SGX dual listing. Not forgetting to mention the record supernormal net profit , likely to surpass RM 1.3b ( including the N99 mask and contact lens profit). Supermax as we have said many times over before will be the KLSE EPS champion in 2021 with unprecedented PAT margin in the history of KLSE. And most importantly, at the background is the unstoppable and relentless global advancing of Covid and its many mutants, threatening more deaths and maybe even capable of escaping the current batches of vaccines. This factor will make our Big4 more attractive. So maybe one or two deals may happen. This may also explain why Superman and Superwoman transfer their shares into the sdn bhd.

@Ibelieve Stan Lee from Marvel huhu
23/01/2021 5:59 PM
Opps my mistake!

@AdCool @ToneeFa, the strategy is to declare higher dividends and let the hidden hands lose out the dividends if they cont to short. They have to pay for the interests on loan shares and also spent some significant amount to push down the shares by selling low on their own holding as well as paying for dividends to the lenders. That would be triple blows to them.
23/01/2021 5:45 PM

The hidden hands don't care about the dividends. They got bigger fish to fry. So even with TG announcing fantastic dividend policy, and after much SBB by LWC, the price still keep bleeding keep keep bleeding in gloves. Their target is to take control over the biggest glovemakers in the world.

@Ibelieve ToneeFa @staedy Ibelieve If you go post on FB that you bought a diamond necklace for your wife and post together the receipt, everyone knows what you are hinting.
23/01/2021 3:54 PM

..... your wife found out about the other 3 girlfriends?.......
23/01/2021 4:40 PM

Haha... staedy bro more likely its 13.
Ibelieve bro.. sounds like you oredi looking forward to reaping the investment and splurging on your wife and gfs.
23/01/2021 5:01 PM

Haha, guys, I can't afford 13, and I don't wanna look for trouble (cha boh). A wife and a someone who loves me, that's good enough.

My example above was just to say, for this weekend, we just look forward to the mysterious SBB move, have good feel, and a boost of confidence, that will do, don't make too much guessing.
23/01/2021 5:18 PM

Haha... staedy and I were just pulling ur legs. Yes, you got a point. Superman rising up to fight the Shorties, better get the pop corns ready. Its a direct challenge. Shorties won the Round 1 against LWC, let see this coming Round 2 against Superman.

bikay101 @ToneeFa: Not wrong but it's clear sign that there are hidden hands priming our Big4 as targets for takeover.

That explains the SBB. Must be defensive in intent.
23/01/2021 5:25 PM

Likely to be so, but have to be executed at the right timing with right strategy. If you look at TG SBB, I think it was done due to panic reaction as damage control, but after spending so much money, it would still not able to withstand the subsequent attack. The hidden hands have way deeper pocket than TG boss at disposal. They showed that they can neutralize any SBB. Probably Stanley has observed and learnt that you need to have higher level strategy to counter the hidden hands. So lets see what he has in store , now that he, the Superman has come to the rescue.
( Question: What do you call the man that is behind Supermax?)

@bikay101 Making our glove stocks more affordable....

Intco China total production of gloves for 2020 is 9 Billion pieces.
Market cap is 100.2 Billion Yuan or 62.5 Billion Ringgit

Top Glove total production for 2020 is 91 Billion pieces
Market cap is 51.3 Billion Ringgit

Intco China is worth more than Top Glove Malaysia even though it is the biggest glove producer in the world and 10X bigger by output compared to Intco.

The maths must be wrong somewhere!
23/01/2021 5:09 PM

Not wrong but it's clear sign that there are hidden hands priming our Big4 as targets for takeover.

@AdCool SBB by Supermax means something big coming. SBB may continue for few more days next week before the big news.
23/01/2021 4:58 PM

Yup, likely there will be good news coming on the long term supply contract to US Gov't, both state and federal level. It would not be a coincidence that Supermax set up the factory in Delaware. The Gov't under Biden will definitely support an organization that hires its own people, and what more, the President's own State and voters base. With TG suffering from image problem, likely the bulk of TG market share will go to Supermax. We have been talking about all these 2 months back, and foresaw that it will be happening around this time. Some of us bought earlier at higher prices, but going forward, RM 2-3 difference won't make much difference going forward.

@staedy Ibelieve If you go post on FB that you bought a diamond necklace for your wife and post together the receipt, everyone knows what you are hinting.
23/01/2021 3:54 PM

..... your wife found out about the other 3 girlfriends?.......
23/01/2021 4:40 PM

Haha... staedy bro more likely its 13.
Ibelieve bro.. sounds like you oredi looking forward to reaping the investment and splurging on your wife and gfs.

@jacklimeu2 jacklimeu2 They sold treasury shares 10 days ago at 7.30.....and sdd now at below 6.70.....made lots of money,,,,,lol
23/01/2021 12:16 AM

--------------
My apologies, only read the headlines....the "selling" of treasury shares was the distribution of dividends shares....

Question is....is the current SBB to merely support share prices....or something is coming up....like the SBB of April last year....
23/01/2021 12:18 PM

Likely with current SBB, by coming QR there maybe share dividend + special cash dividend together. I believe the SBB is to support the price to counter the shorties and at the same time to use as share dividend. Soon all the glove counters would need to push up their prices to thwart any potential hostile takeover. At current prices most of the glove counters esp the Big4 are looking like Super Lelong Cheap Sales prices compared to their earning potential for the next 8 qtrs.

@staedy ToneeFa @bikay101 staedy: can hope for $10.88 bor, more ong!

$10.88 So be it.
It is still low compared to Mercator and Intco multiples.
23/01/2021 10:53 AM

Aiyoh, RM 13.88 more auspicious la.

Like that RM 28.80 like best and zhun lor
23/01/2021 4:39 PM

Haha...by before CNY 13.88 still possible bcos now we have Superman coming to rescue. If ask for 28.80 maybe need Ultraman to support also.

@Ibelieve Good morning fellow Americans and Malaysians, this is IBelieve of Boombird Asia, reporting live from Delaware. We are awaiting for the arrival of the President of United States Mr Joe Biden and the Prime Minister of Malaysia Tan Sri Mydin for the grand opening of the new headquarter of Maxter Healthcare Inc.
22/12/2020 10:54 PM

Bro Ibelieve. your premonition 1 month ago may be coming true soon. Supermax may need to kick off with ground breaking ceremony first in 1H21 and then 1 year later in 2H22 , grand opening ceremony.

@bikay101 staedy: can hope for $10.88 bor, more ong!

$10.88 So be it.
It is still low compared to Mercator and Intco multiples.
23/01/2021 10:53 AM

Aiyoh, RM 13.88 more auspicious la.

https://www.kron4.com/news/california/california-surpasses-goal-of-vaccinating-1-million-people-within-10-days/

SACRAMENTO, Calif. (KRON) – State health leaders say they surpassed their goal of vaccinating one million Californians within ten days.

In his weekly COVID-19 update, Health and Human Services Secretary Dr. Mark Ghaly says the state successfully ended up vaccinating more than 1.5 million people.

“Because of data delays, we’re confident that it’s even more than the 1.5 million,” Dr. Ghaly said.
---------------------------------------------------------------------------------

Post Trump , US will be recovering very fast. Biden Administration oredi starting to take positive steps leading up to the inauguration. The new cases in US have dropped substantially. As well as global new cases have dropped substantially also. Likely, the lockdowns and vaccine effect could be helping to reduce the new cases and flattening the curves. However, the new variants are still posing some threats of further spikes later.

@staedy we suppose to wish you happy birthday? what else suppose to happen on 21st?
19/01/2021 6:56 PM

Ibelieve bro is hoping Stanley will give him present on 21 Jan by announcing the QR and include special cash dividend of 50% PAT and bonus issue 1:1 , so that all Supermaxians will be very happy to celebrate his birthday with him with in this forum.

https://edition.cnn.com/2021/01/18/health/ca-vaccine-lot-pause/index.html
California pauses Covid-19 shots from one lot of vaccine containing more than 330,000 doses .

When production is at high speed, the Quality Control suffers, and recipients will then suffer too.

@Goldberg X

The Biden Administration will make a jaw dropping offer to takeover SUPERMAX.

It will cost them just USD15 bil.

JP Morgan will play a pivotal role to take SUPERMAX private

Here are the clues-

1-The U.S. government wants to be self-sufficient in PPE.

2-JP Morgan used their megaphone to drive down the glove counters without mentioning Supermax in their reports.

3-Supermax planned to manufacture in Delaware.

For the Americans UD15 billion to take over the BEST RUN GLOVE MANUFACTURER IN THE WORLD IS CHICKEN FEED TO THEM.

THE PRICE TAG - RM20-25 .

-------------------------------------------
SUPERMAX: WILL IT BE TAKEN PRIVATE?

https://klse.i3investor.com/blogs/sts/2021-01-17-story-h1539383454-SUP...
18/01/2021 12:24 PM

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On Dec 17 and Jan 3 ( which I enclosed below) I have speculated that based on what public announcements made, it seems something is brewing on corporate level. I concur with Omione that JP move has an underlying agenda, but may be broader than just targeting Supermax. It would be logical to deduce that many glove manufacturers esp the Big4 have been approached by certain parties represented by some third parties, to offer to buy them out, but probably the offer price may not be attractive enough, as most glove co will demand highest premiums at this time. And since these approaches are probably unofficial offers, so there is no official announcements by them. So the many unreasonable attacks on the glove co to make them less attractive will begin to make sense, when viewed from this angle. So the big question is , who are the "real buyers behind the scene" who have real interest to pay billions to buy out our glove companies? Logically, it would be the big healthcare companies in US, UK or Europe, who might even be existing customers of the Big4, who saw that if they are able to control the upstream of the business, they will stand to make huge profits as well as able to control the entire supply chain. Now they are at the mercy of the manufacturers on the ASP and delivery of supplies. And with most Gov'ts willing to sign long term supply contracts with attractive ASP locked in for 5-10 years or beyond, this glove business long term potential has taken a different turn in terms of growth potential. I believe TG boss oredi foresaw this attack and therefore all out SBB to support the price, and even that is not enough, so up the ante and declare 70% PAT cash dividend. And then JP double down on the 3.50 call second time round. This poker game is becoming a circus and a joke at this stage. Whereas Stanley & wife coolly transfer all shares to a S/B and just wait for the right offer to come by. Omione is right that the potential buyers do not need to maintain the listing, they just want the facilities, expertise, raw material supply chains and the huge production capacities owned by the big 4. With the pandemic moving into full fledge 2nd wave and vaccines are proving a weaker solution at this stage than anticipated, the interest to buyout our Big 4 will only increase. And the willingness to pay bigger money for them will also increase. So the real game may start to unfold soon in the next few months.

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD
Jan 3, 2021 1:47 PM | Report Abuse

With so much SBB both on corporate level and private capacity by TSLWC, one must wonder is there a real reason behind for them to spend so much money to increase the holding stake? And when JP Morgan lower TP to 3.50. that sent another round of SBB on personal level. It looks like TSLWC may be anticipating some potential hostile take over of TG, after all at 4.0 TG market cap is around RM 32B or USD 8B, a very cheap take over by any big funds or conglomerate. Any major international healthcare conglomerate could easily take over Super or TG with around USD 10B-15B each, and they will own the biggest glove manufacturers in the world. Harta is a bit more pricey. So either TG or Super are cheap candidates prime for hostile takeover now. They can even offer MGO for either at much higher price such as RM 10-12/ share and every retailer will say yes.

@Toneefa
Stock: [SUPERMX]: SUPERMAX CORP BHD
Dec 17, 2020 11:57 PM | Report Abuse

@Geek2020 Usually transfer of shares to investment holding company is for estate planning where they set up private or family trust. It doesn’t change a dime that they are still the controlling shareholders
17/12/2020 10:03 PM

Ok , what I m also suggesting is that could there be some other corporate deals that may potentially happen thru the Holdings S/B as the vehicle? I mean Supermax is now signing many direct supply contracts with various Gov't, especially with US Gov't and going for SGX dual listing soon. It has an attractive growth potential with its OBM module, but has a relatively low market cap compared to its peers. If Stanley gets a very attractive offer, would he not let go?

@Agjl https://macro-ops.com/top-glove-bva-sgx-17-returns-in-a-boring-glove-m...
17/01/2021 5:38 PM

Bro Agjl, just hope Stanley feels the need to be more generous than LWC in handing out the cash dividend as angpow this time round. Everybody can huat!!

@BountyOfTheBourse Pfizer CEO has not taken Pfizer vaccine yet

https://www.cnbc.com/2020/12/14/pfizers-ceo-hasnt-gotten-his-covid-vac...

Big question now: Why not???
17/01/2021 5:37 PM

When you know all the risks involved, then you become more careful. He probably thinks he is better off just contracting the real virus than to get the vaccine and still can be infected, and yet have to face the unknown long term effect.

Post removed.Why?