@Ibelieve Geek2020 Yup bro Toneefa. I can see the triangle breakout bikini. Those on tradingview click MA Cross signal. See it for yourselves
07/12/2020 6:13 PM

bro @Geek2020 & bro @ToneeFa, only hamsap people can see the bikini girl, me watch it like porn, one hand feeding viagra another doing handjob haha.
07/12/2020 6:24 PM

Haha...bro Ibelieve..u don't leave much to the imagination. I took the bikini cue from you.

@Geek2020 Yup bro Toneefa. I can see the triangle breakout bikini. Those on tradingview click MA Cross signal. See it for yourselves
07/12/2020 6:13 PM

Yup the bullish signs are all there.....I be queuing at RM 7 everyday waiting for the inverted hammer to strike again.

@ Ibelieve, some bikini looks like G-string, some bikini looks like underwear a Symmetrical Triangle.
07/12/2020 5:10 PM

Ya the Symmetrical Triangle bikini is looking good, pointing to an explosive orgasmic break out soon.

@laosai_glove 1 piece tissue more useful than glove
07/12/2020 3:22 PM

@Habisgl0ve Those who saying drop more add more will get burn the most.
07/12/2020 5:02 PM

@Arsenewenger8383 Hehehe.. wait this wednesday.. hope SiFU still hold tight.. something big waiting this wednesday.. very bad news...
07/12/2020 5:02 PM

@EdwinYap86 Close at LOWEST hahahahahahah

You know I know what will happen tomorrow
07/12/2020 5:03 PM

I always thought these 4 are naysayers dogs but instead they turned out to be panicky pussies.

@Ibelieve People switch to wearing G String, so they forgot underwear is a Symmetrical Triangle.
07/12/2020 4:48 PM

Haha...bro are you staring at some chicks in G-strings ka? That 's a good diversion while swimming in the red sea.

@stevenckheng lol when is share buy back ? RM7?
07/12/2020 4:28 PM

Sharks are testing water. They are also curious, at what depth they will be swallowed up.

@gloveisdiamond Come la...drop until RM6
07/12/2020 3:53 PM

Why not? Just make sure you reserve some funds to pick up if it can hit that price again. That would be FPE 4.

It looks like recovery and vaccine stocks have reached their overbought position oredi. Once they start to correct , I believe gloves will make a u -turn.

@SafetyFirst When supermax 8.9 i say RUN 。
no body believe Me。
07/12/2020 3:50 PM

As long as you believe in yourself its good enough la. You should run fast and far far as per your conviction and don't come back.

@ Edgelord , Need more positive ppl like you

I m queuing to buy at RM 7 in case of another hammer head coming.

good optimism

@Ibelieve Biliskecil accused that we are trapping ikan bilis here, but didn't realise he is actually doing so by luring investors to speculative counters. He just think we stupid glove lovers don't know the outside world.
06/12/2020 9:24 PM

In fact I think he should really kneel and bow to @ftsifu and ask for forgiveness for calling him a conman "sifu". I think I have just now established who the real con ppl are, those like the small fry, instigating irrational fear mongering with fake info to trick the "innocent traders" and then try to implicate innocent @ftsifu for being misleading. He has crossed the line on this.

@DJoker89 Still about BilisKecil
Hahahah....not worth guys...

This morning I cook nasi lemak for my family, goreng Bilis kecil tumis belacan....yummy...

Hahahaha....spend your precious time somewhere else
guys definitely not on this trash

Tomorrow is a green day wooo hoooo. DJoker said one, mark my word. Huat ahhhhhhhhh
06/12/2020 9:54 PM

Bro Joker....u may not understand, but this about establishing boundaries.

@Ibelieve Biliskecil accused that we are trapping ikan bilis here, but didn't realise he is actually doing so by luring investors to speculative counters. He just think we stupid glove lovers don't know the outside world.
06/12/2020 9:24 PM

Ya this moronic hypocritical green horn small fry thinks he can just spew any lies and get away with it.

@Biliskecil I feel like the forumers here dislike facts.. sure nobody ask for my pov, but I feel that it is the right thing to do to share facts to new innocent traders/silent readers here to let them make informed decisions. As I know, there are many new traders who go in to bursa this year.

I myself paid “tuition fee” to bursa in my early days in trading by following the “sifu” buy sell call and I don’t want this to happen to the new traders.

The important fact that new traders must know is those “sifu” is also in bursa to make “profit”, hence, in a zero sum game, in order for “sifu” to make huge profit, many must lose.

Don’t forget that the same “sifu” that call buy have already collected a lot of ticket low when the price is at rm 0.75 post bonus issue price at around March - April 2020. Their profit is still more than 10x if they decided to take profit now. They always say disclaimer and TAYOR to run away from responsibility. Those “sifu” and their gang have a gigantic holding. One fine day when they decided to dispose all the holdings, you cry also no tears.

My view is glove trend is on its finish line, the current trend which have not reached its peak is vaccine and metal/copper..
06/12/2020 7:51 PM
----------------------------------------------------------------------------------------------------------
Haha....u be a great comedian actually. You are such a hypocritical self righteous moron who wants us to believe you really care about "innocent traders" and want to save them from conman "sifus". But what you did in reality was trolling around glove counters and instigating irrational fears , most likely to scare the so called "innocent traders" to sell cheap to you as you try to collect at dips and sell at next price surge. At current Supermax price and to those who are aware that the FPE is <5, there is no risk posed to those willing to invest mid to long term. And @ftsifu has been a very gracious, patient and sincere sifu who provided very detailed, transparent and rational analysis to everyone for their benefit. If anyone after having studied his analysis does not agree, then they are free to invest somewhere else. You are not even qualified to question him, as you cannot fully comprehend the significant of his analysis. And its obvious you have no answer to my last rebuttal which put in question all your wrong assumptions.

@HrryPttr My friend at IB said will go down to below 7 prior to 21st December
06/12/2020 6:47 PM

@SafetyFirst RUN Before Topglove QR out !!!
QR out mean penic sell coming !!!!!
After topglove out QR glove finally END GAME。
06/12/2020 6:55 PM

2 good examples of panicky morons who have scant understanding of Supermax value.

@StockisnotFun @Agjl it is just a normal cycle for Shark eat Ikan Bilis, which is normal in Bursa, just dont have many reason like what you guys think this and that. But I think this stock for you all kena trap is lucky, because it is very hot, shark very high chance will back goreng again. Just need some time to wait Shark back and release you from trap.
06/12/2020 6:25 PM

Sorry bro...I don't see any traps in Supermax. What I see is opportunity to buy lower when the price come down to lower range. At current price with FPE <5, there is no trap but only opportunities. In fact fantastic super safe mid-long term investment opportunities. Only morons will get trapped.

JohnFarmer458 The narrative for next week is danger of vaccine side effect, logistical issue of vaccine, production problems with vaccine, legislation issue with vaccine

Vaccine counter huge profit taking week, Glove come back into play. Hold tight to your seat

Zero warrant week for glove
06/12/2020 6:07 PM

Well said bro JohnF... things are slowly but surely heading towards the glove direction soon.

@ Ibelieve Some people are blind and deaf to glove news

Some people are blind and deaf to vaccine and recovery news

While some reallife corporate owners outside of this forum working hard to recover their businesses by looking forward to post pandemic,

Some sharp local businessmen like new vaccine players start grabbing opportunity to import vaccines to sell to 32,700,000 Malaysian,

And poor Gloves players are continuing their efforts to replenish supply locally and internationally to 7,800,000,000 world population.

https://klse.i3investor.com/blogs/IBELIEVE/2020-12-05-story-h1537420126-NET_SELLERS_NET_BUYERS.jsp

Haha Ibelieve bro....Excellent illustrations . Your 3 pictures are worth 3000 words and totally destroy the vaccine BS rally. All those still in vaccine counters better run fast before you lose >50% of your capital.

@Ibelieve @glovefinish is RHBIB7 who possibly tries to divert hot money from here to her counters like CIMB, Genting, and I roughly remember AirAsia. Maybe she needs us to rescue her from her old trap since 2018 banking downturn, or she wants us to help push her stocks to RM7 RM8 and she dumps on us, haha.

CIMB will go into consolidation first. According to @glovefinish's theory, if stock doesn't want to go into correction or pull down, who wants to chase high.
Sweetheart, don't worry, I will come in rescue you in CIMB with my excess fund, I don't need to pull out from Supermax at all.

06/12/2020 4:53 PM

Bro Ibelieve, I don't want to disappoint you but @glovefinish aka RHBIB7 is probably a tranny with a lesby tendency. That's why your flirt has been in vain. Don't think you hv any chance bro.

@Biliskecil To freetospeak im also not trying to be long winded, please take my point below.

1. my mistake to assume that your "Caps" is referring to market capitalization instead of capacity, however, even if supermax reach 48 billion production capacity in Year 2022, which is the time when everything is normalized to pre covid ASP or maybe a 20% increase, can i also assume that the share price will also only double from RM 0.75 post bonus issue to RM 1.5 post bonus issue?

blah.... blah..... blah

There is no structural change in my view. for commodity, it is simple, low supply = high price, when there is a glut of overproduced gloves in the warehouse, got knows what will happen to the ASP. remember not long ago oil futures trade in negative figures due to supply glut.

Finally, my view is that supermax share price is trading at a premium now. investors trapped high must reconsider their position wisely.
06/12/2020 12:09 AM

I think no need @ftsifu to tiring answer to your weak rebuttal on these points, although I think at least you made some respectful effort to get some intelligible points across. However, the premises you made have been based on some wrong assumptions as follow:

1. That at post Covid Pandemic, Supermax remains exactly the same company as it was pre Covid. As we all know Supermax is expanding globally at a fast pace, signing up supply contracts directly with various Gov't as part of their strategic long term supplier, and building factories in those countries as part of the contracts. By 2022 in fact production capacity is ard 60b including oversea factories. Supermax will soon be a global giant in glove and PPE to be reckoned with. Likely more plans and announcement of expansion will be rolled out in the next QR notes. Don't forget Supermax cash in hand by next QR will be around 4B oredi. With so much money just think of what can be done? Many new expansions and even new ventures.

2. You have underestimated the OBM potential. As correctly pointed out by wbwanabe, with the OBM approach, Supermax has the ability to be more competitive than OEM biz. More importantly, they have the pricing flexibility to ensure full capacity utilization of their plants in the longer term.

3. That Covid19 is going to disappear totally by next year after vaccine is out. That post Covid pandemic is going to happen very soon. You will be surprised how wrong you are. Many experts oredi know Covid19 is going to stay with us for many years to come. Currently vaccine is only an economic stop gap effort that need many more years to be fine tuned for safety and efficacy. Even Pfizer boss admitted likely their vaccine cannot stop infection. The biggest initial challenge is going to be acceptance by the general population. There are many more challenges ahead for vaccines.

Just on the above points, its oredi sufficient to rebutt your points in general. You think over carefully , and hope you will realise the simplicity of your outlook and assumptions. I think @ftsifu can take a rest today and enjoy his time with the family.

@Biliskecil For the Mr/Ms Toneefa, no need to be rude, i my self trapped high in sapura energy rm 1.XX , a strong fundamental company at that time, i held on the shares with the hope for a rebound, but it never happen, i still keep the share up to today with a 90% paper loss in my portfolio just to remind me not to be attached or blindly believe counter ever again.

Sometimes we have to make a hard but informed decision to cut loss and preserve your capital. bursa have 1000+ counters, you can gain back your loss if you still have 80% or 90 % of your original capital. but it will be harder if you are left with only 10%.
05/12/2020 10:24 PM

Its Sir Toneefa to you. I m only rude to ppl who are rude to others, bcos that's how they asked to be treated. When you make comparison to Sapura Energy, it clearly shows your lack of depth and understanding of the issue at hand. Supermax in FY21 is going to be the EPS champion of KLSE. I don't think even the banks can come close to it. Sapnrg is way at the bottom in net earnings. So you don't use a donkey to compare to a black panther, and say since your donkey is not performing, so you think our black panther will also not perform like your donkey and you want us to sell our black panther to help us save of capital. For your info a blank panther can jump 15ft high , how high can your donkey jump?

@freetospeak dun want to write orignally coz too long winded...c also tired.....but i c he din get the 1st 3 point fact correct...so i think he never studied super max b4 ..so i think may b many vaccine player are not well informed. so dun wan him to be so embarrass in future again . so jus correct him. ...may b i corrected him coz him to be embarrasss...ai ya...foolish me...
05/12/2020 9:59 PM

@fts, you are a humble sifu, actually he deserved to be embarrassed for his insolence. Anyway it wasn't a waste of your time bcos even if the small fry cannot understand your words of wisdom, I believe many others have benefitted from your tiring effort. Thanks.

@freetospeak we r only 6 months on these multi years war with covid....no hurry....we hav not open up yet the world travel. wait til u c cross continent different strain mix with each other.

2021 oct another wave.

2022 oct another wave...

2023 oct another wave..

U canslow this down... but u cannot end this war..

Covid cannot be eliminated. U can only live with it.
05/12/2020 10:11 PM

I hold the same view too. Its slowing coming around that the vaccines are only a temporary stop gap, but the reality is that we have to learn to live with Covid19, its not just gonna totally disappear when the vaccines are out. We have to learn to co-exist with it and one important tool to assist with the co-existence is glove, we are gonna continue to need lots of them.

Post removed.Why?

@freetospeak Supermax with same market cap as harta, (any fact to support this statement?)
........HENG YUAN is cyclical. If one day ppl discovered refine oil can cure covid and cancer. Their profit will be permanent. That is structural change.
05/12/2020 9:42 PM

@fts sifu , you are really gracious and generous to take the extreme pain and time to educate a small fry who tried to insult you. Thank you for your kind effort to update everybody on the correct knowledge on Supermax. 10k years x 10k years x 10k x 10k years

@Agjl NathanScott Philadelphia Priest Dies After Participating In Moderna COVID Vaccine Trial

https://www.zerohedge.com/geopolitical/philadelphia-priest-dies-after-participating-moderna-covid-vaccine-trial
05/12/2020 7:39 PM

This is something serious if its true that the death caused by the vaccines...may be the lriest has underlying health issue
05/12/2020 8:27 PM

Bro Agjl.. I m not surprised if later discovered there many other such cases that has been covered up. We must realised there's billions of dollars at stake for these guys. To what length they will go to to make things look good to the eyes? and hoping they can get away with it. I m not surprised later Pfizer and Moderna may face many legal suits once things get out that they are hiding the truth about the safety of the vaccine.
05/12/2020 9:43 PM

@Ibelieve Extract from news:

The chairman of Pfizer said it's not clear whether people who have taken the company's coronavirus vaccine will still be able to spread the virus to other people.

Albert Bourla told NBC's "Dateline" that more studies had to be done into whether someone who had been vaccines could still transmit the coronavirus.

Host Lester Holt asked Bourla: "Even though I've had the protection, am I still able to transmit it to other people?"

Bourla then responded: "I think this is something that needs to be examined. We are not certain about that right now with what we know."

-------------------------------------------
At the eves of vaccine distribution, it is sad to hear even the chairman saying things like that. Is he desperate to clear stocks and get return of investment? Or is he under the political pressure to release in haste? I think our economic lawyer should study that.

Laymen also learn that, our environment and even our bodies in or out are full of germs and virus, pork has most germs bacteria virus but we eat bak kuh teh like crazy, because our immune system are fighting almost constantly to help us digest, together with our own effort to wash ourselves and brush our teeth.

Pigs dont get sick, bats that carry covid virus also dont get sick like human, but they carry and transmit such virus, and now we as human are also the transmitter and transitter.

Vaccine is the cure to end this pandemic? No, because if vaccine kills covid it might as well kill you. It merely makes you not appear ill and scary.

Vaccine stops the infection? No, I think only the new norms can reduce.

Again, stay safe and practise new norms, don't go dick-ithcy and catch covid.
05/12/2020 8:51 PM
--------------------------------------------------------------------------------------------------------
Bro Ibelieve...looks like our analogy of the condom that can prevent pregnancy but cannot prevent catching the STD is coming true. What is the whole point of getting the vaccine jab if one can still get infected by the virus and later maybe die, paralyzed or other medical complication caused by the vaccine?

@Ibelieve @Biliskecil is just as anxious as other ikan bilis about the price who only pump and dump because he has no confidence in himself. So by quoting as low as RM1.50 he is using reverse psychology to make sifu here to give near term support and resistance price range, and to survey our sentiment also.
05/12/2020 8:04 PM

@Ibelieve bro....someone who give a TP 1.50 for Supermax is just being a smart arse cynically insulting all the Supermax faithful and peace loving folks here. He is indirectly saying we are all sorhai without saying it aloud. But in actual fact he didn't know he make himself the real sorhai by making such a statement.

@Ibelieve Just checked Biliskecil posting history, he is hardcore Bintai Solution vaccine fan la, no point argue with him, glove is not his cup of tea, that's why he can simply cite a very low price, he didn't even apply his economic law in Bintai Solution, because as he repetitively claim, again and again history will repeat itself, what goes up must come down, he is alert that shall apply in vaccine frenzy.

Sorry Biliskecil, I never bantai you in your forum, but only reacted to you when you are trolling vaccine here against glove, I thought we were friend but it happened that you are bantai-ing unreasonably for your own pleasure and vain only. Enough say, play safe with your economic law in Bantai Solution ya.
05/12/2020 8:22 PM

Exactly bro....

Post removed.Why?

@MatKoh @freetospeak. Thanks for your summary of Supermax and why it is one of the most undervalued counter now. I'll have to top up some more soon :)
05/12/2020 6:32 PM

Thanks bro MatKoh for speaking on behalf of everyone here

@Biliskecil Mana orang itu freetospeak with all the genius calculations?
05/12/2020 11:37 AM

@Toneefa , Small fry, you are not qualified to seek his audience.
05/12/2020 2:03 PM

@freetospeak Posted by Biliskecil > Dec 5, 2020 5:49 PM | Report Abuse

Once everything back to normal with mass vaccination, supermax will back to the average share price of rm 1.5 fair value
-============================================================

when everything bak to normal...supermax will hav same caps as HARTA .
Do u ever c HARTA @ RM1.50?

Dun try to challenge Supermax fundamental. With Local PPE production at US and UK with long term government contract. Supermax position is even more sold than other big 3.

LAST TIME SUPER will revert bak to old price post previous outbreak becoz , Super DUN HAVE :

1. 48 bill caps by 2022 (10 more bil in US and UK) about 60 Bil in total.

2. 98% OBM

3. STREAM lined OBMX operation hugely increasing margin FOREVER (not going bak.

4. higher contract asp with foreign government (USA, UK, CANADA).

5. NEW business venture into PPE.

6. MORE NEW VENTURES coming soon.

7. Contact lens 80% growth yrly. 2 billions caps in nex fw yrs in plan.

8. KLCI indexed and SGX next yr

9. 100 yrs PANDEMIC outbreak ...which going to last many years which resulted in permant shift in ASP mean in future. ASP will 2 x of pre covid time when dust settle. from blended asp of usd 23 to usd 45. Meaning a 7 to 10 x profit of precovid. Bumper profit will becom normal profit.

If super is having a 30 mil precovid. it will be getting 200 to 300 mil per qtr post covid. Not considering extra caps.

Layman wont understand this. They will witness it in future.
How i know. My oracle said so.

You can challenge Supermax with sentiment. dun challenge its fundamental.
05/12/2020 6:20 PM

=========================================================

Small Fry, you better bow down, apologize and thank @fts sifu for granting you an audience, despite your insolence, and for being so gracious to share his wisdom to you and everyone.

@Ibelieve It's like you were drunk and pick up a hot girl at night and wake up the next morning the girl asks you, did we have Sxx? But in your mind you are asking yourself, did I wear condom? Have I contracted STD?
Giving in a unproven vaccine same like picking up a stranger.
05/12/2020 3:32 PM

Haha...bro Ibelieve you have interesting imagination. Using the same analogy, its almost like using a condom that can prevent pregnancy but cannot prevent STD. Will you still dare to use it ?

https://www.theedgemarkets.com/article/fauci-says-pfizer-vaccines-trial-success-may-boost-acceptance
The vaccines developed by Pfizer/BioNTech SE and Moderna are given in a two-shot regimen. The duration of their protection, or that of any Covid-19 vaccine, isn’t yet known, Fauci said. Coronaviruses generally don’t generate an immune response with decades-long durability, and people are infected with one or more of the four coronaviruses that cause the common cold year after year, he said.

Its well known that Fauci supports Pfixer and Moderna, for obvious reasons.

@Slc1 Dr Fauci said Pfizer n Moderna vaccine can only last for a couple of weeks. First dose can last for 28 days and then the 2nd jab can last for 7-10 days only . So how leh? Every 2 months have to jab the vaccine, like that die lah....
05/12/2020 2:51 PM

Can you pls share the article that on the above info? Thanks

@inPeace https://www.abc.net.au/news/2020-12-05/covid19-vaccine-questions-approval-and-data-requires-patience/12950608

Can a vaccinated person still spread the virus?
"This is the big unknown from these vaccines," Professor McVernon, who is also an expert in vaccine trials, said.

"So everyone is talking about herd immunity but we don't know whether these vaccines will stop infection.

"So what we're looking at in the trials is the clinical end-point efficacy. So we look at 'you had the vaccine, and you didn't — who got sick?'.

"And a vaccine, crudely, has two ways of stopping you getting sick: it might stop you getting infected in the first place, or it might let you get infected and stop you getting severe disease.

"The UK AstraZeneca trial is actually swabbing people every week to see if they are picking up the infection, but it's the only trial I know of to test whether a vaccine is stopping infection."
--------------------------------------------------------------------------------------------

Only AstraZeneca is conducting trial to test whether their vaccine stops infection. What about other vaccine manufacturer? no test? The question is would normal ppl like you and I, still want to get vaccinated if the vaccine later proven cannot prevent infection?

@joyride...I agree your analysis is spot on. Good one .I believe the next QR announcement will have a significant impact to the price especially if it hits record EPS of ard 0.50-0.60 range

@see2sea That why i said, UK is the guinea-pig for Pfizer..kekeke

Even Malaysia dont risk this kind of thing.

Vaccine is just a manipulation of HOPE to the politicians and industries. I think it's just a minor modified flu vaccine..LOL
05/12/2020 2:22 PM
----------------------------------------------------------------------------------------------
There is no doubt its a new technology using mRNA but such new things always have teething problems and many unknown factors which can only show up over time. And when you think about the fact that these vaccine companies stand to make billions of USD, do you think they will allow any hiccups to be revealed or made known? Of course they will plan things and make data to look good right from day one. Is it any surprise lately all we hear are good news and fantastic results from all the vaccine candidate companies? No need to publish full sets of data and trial results or get peer reviews and verification but already can apply for approval for emergency use? China & Russia vaccines totally no proper or reliable trial data published, that's why our Dr NH didnt recommend any purchase yet from China or Russia.

kltower First in line for Covid vaccine? Some US health care workers say no

"This is a vaccine that was developed in less than a year and approved under the same administration and government agencies that allowed the virus to spread like a wildfire," Torres said.

"They didn't have enough time and people to study the vaccine," she said.

"This time around I will pass and watch how it unfolds."
05/12/2020 8:47 AM

I think one of the biggest issue for vaccine is acceptance by the ppl. UK Gov't has agreed to give indemnity to the first batch receiver, bcos mainly they are frontliners , therefore if any untoward incident happens, the Gov't would still have to be responsible anyway since most of them are civil servants. But whether this indemnity will extend to the whole population is still in question. Probably subject to the outcome of the first batch recipients. But this also put in question why the Gov't and not Pfizer to give the indemnity. The manufacturer not giving any warranty?
The same issue of who is liable and responsible for any harm caused by the vaccine need to be addressed in all countries. Likely in most cases , willing recipients would have to sign a waiver form releasing the vaccine manufacturer and inoculators from any legal liability. Most ppl I know said let others try out first and after six months if all are positive then maybe they are more willing to try. In Msia, Dr Noor Hisham said, lets observe the UK try out first before firming on the Pfizer purchase.

gemfinder U all sorhai like tis virus forever. Hopefuly all these sorhai got infected n sleep in cofin
05/12/2020 1:36 PM

Haha.... amongst all the naysayers dogs you are the most stupid bitch with the most foul mouth.

@supermaxdarren seem like the haters getting more and more aggressive...is it the sign? time is running out and last round to hate gloves before the beginning of new 2021 bull run? index fund must rebalance their portfolio and they either chase high or buying from scared retail investors. make your own choice and fundamental never die...
05/12/2020 10:07 AM

Ya in the wee hour of morning, looks many naysayer dogs gathering here to have a party, led by the STOCK GODDOG 1

Biliskecil Mana orang itu freetospeak with all the genius calculations?
05/12/2020 11:37 AM

Small fry, you are not qualified to seek his audience.

@Agjl..Thanks for the head up toneeFa bro
04/12/2020 9:12 PM

NP bro...anytime

SafetyFirst next week friday RM6
04/12/2020 8:17 PM

Haha... I would like to believe you THE STOCK GODDOG 2. If really can come to this price I will also be happy then can average further down. Imagine FPE 3.5 at this price.

Agjl For every 1 lot u get RM236
04/12/2020 8:53 PM

No, 2.36% is just the %gain as per the share price to cost price as per the example. If the current price is RM 8.50 then 1000 units will give RM 8,500. But if your average cost is RM 8.0 then your total cost of 45,000 units is RM 360,000. Then if you divide 8,500/360,000 = 2.36% gain.

laychee 45:1 or 2.22% dividend shows that boss is very kedukut.

Just slightly higher than FD. Boss must think it is still better than you put in FD. It sounds like a meager donation to poor people sitting by the roadside begging for donation.

Before pandemic, dividend also 45:1. After making huge profit from pandemic, dividend still 45:1.
04/12/2020 8:34 PM

If you are unhappy just move to other counters la rather than wasting time here. But the point to ponder is , what is the company doing with the big cash holding? Is it using the money to aggressively expand the company in a big way or is it sitting dormant on a big pile of cash? For me I see Supermax is doing the former but balance it well with rewarding shareholders appropriately.
But then again if you are still not happy , then should just leave ....laychee bye.

@Agjl Toneefa bro....just checking with u hows ur calculation of the dividend. 1/45 based on which closing price?
04/12/2020 8:22 PM

Agjl... actually it doesn't matter the closing price, but u need to compare to ur average cost price. Meaning if your average price is RM 8.00 and you hold 45,000 units which entitled you to 1,000 units and say when on the day the share dividend is issued to ur account the price is RM 8.50, then
your yield would be 8500/8x45000 = 2.36% . So the yield is fluctuating depending of the current share price to cost price of holding.

@skybursa Average? Yes if you hold 3,000 shares you may keep averaging. If you are holding huge quantities like 50,000 shares, i just can't imagine how to keep pumping in money when the counter was under strong pressure. And plus dividend was tiny percentage terms compared with the share prices.
04/12/2020 7:56 PM

Some ppl may think 50,000 units is a lot but for others its just a small portion of their holding. Different scale of play for different ppl.