@glovefinish may a good point somewhere, but whatever you said doesn't apply to Supermax coz of its super global expansion plan.(May happen to 2nd tier counters though). Supermax will not be the same company at post Covid pandemic by 3Q22(an optimistic guess). Its earning at post Covid pandemic may be ard EPS RM 0.88- 1.00 as estimated by @freetospeak giving it a fair value of around RM 12-13. I park a big chunk of my FD in Supermax which otherwise would be earning peanuts in the bank. This coming share dividend oredi earn me better return than a year FD. Would anyone dare to park long term a big chunk of their FD in Yong Tai? Bintai? If you dare you sure kena bantai seriously eventually.

@Powerplay666 Gosh I wonder how many millions or billions epf lost on this. I recall they bought at rm8 plus
04/12/2020 6:33 PM

EPF now realised they entered the wrong kandang. So they will slowly switch to this super kandang. Price will up and down until the next QR. Long term investors got the time to wait for the right time to come. Rather than put money in the FD, park here will bring better return. When price come down, if can, slowly average down. Last round I oredi everage to ard 7.50. If price come down below that I will further average down. Supermax still got min 6 QR of super earning. Apa lagi mau. Now funds just waiting for some serious hiccup in vaccine and the whole market play will turn around overnight.

@SafetyFirst , if you enjoy goreng counters pls go ahead and help to goreng whatever counters you see fit. As I have always mentioned, Supermax is now for long term fundamental investment. So don't try to annoy us with your cynicism. It won't work.

An analyst believes the glove sector, which comes under his coverage, has not disappeared from investors’ radar screens yet, although the stocks are expected to remain weak in the short term owing to market sentiment and the current news flow.

“We still have an ‘overweight’ call on the sector. The supply-demand dynamic for the next two years, at least, will not be back to pre-Covid-19 levels. Also, infections have not come down yet and vaccines are not 100% effective. I believe the glove theme will come back. It is just a matter of time,” he tells The Edge.

Moreover, he thinks the average selling prices (ASPs) of gloves can be sustained at current levels for at least another year. “The ASPs have been locked in for 1Q2021 and are unlikely to drop in 2Q2021 and 3Q2021. So, the super earnings for 2021 are guaranteed. You can’t ignore these super earnings,” he says.

The analyst says stocks such as Hartalega Holdings Bhd and Kossan Rubber Industries Bhd are still playing catch-up in terms of ASPs, especially for 1Q2021. “On a quarterly basis, it will be at least 40% higher for Hartalega and Kossan for 1Q2021 versus 4Q2020. There is no guidance yet for Top Glove, but it is still on an uptrend.”

However, Supermax’s ASP growth is projected to be flattish at 5%, as it was the most aggressive player previously, owing to its own brand manufacturing model.
--------------------------------------------------------------------------------------------------------------

Important quote
“The ASPs have been locked in for 1Q2021 and are unlikely to drop in 2Q2021 and 3Q2021. So, the super earnings for 2021 are guaranteed. You can’t ignore these super earnings,”

But didn't mention that by 2022 Supermax annual capacity will increase from 26b pcs to 48 b pcs locally which will equal Harta production capacity and didn't mention new factories being built in US and UK adding a few more billion pieces by 2022 base on long term direct supply to Govt contracts. Didn't mention N99 mask production and fantastic sales and didn't mention contact lenses biz. KNN the writer.

Its clear the writer (in cohort) on purpose trying to create a negative outlook for Supermax, for obvious reasons. They know this is the company that is going to be the EPS and PAT% champion on KLSE in 2021. Any correction is collection time.

By Xmas can expect Supermax to be around RM12.

@Sweetchocalates Now IB will play a lot of stupid tricks. So dont contra.
03/12/2020 6:36 PM

They are probably reading these forums to gauge the sentiments and then play contrarian with the bilis.

@Ibelieve https://www.theedgemarkets.com/article/supermax-added-fbm-klci

My early Congrats to brothers and sisters of Supermax! Our status has been upgraded to platinum class, Index Membership!

Don't need to argue with naysayers already.

Everyone let's go to drink and celebrate haha, it's my first time to follow a stock until inclusion.
03/12/2020 6:10 PM

Haha bro Ibelieve..Congrats to eveyone too although its oredi a done deal earlier. .This is going to be a rewarding journey to ride together till SGX dual listing and beyond.

@Sweetchocalates NICEEEEE Bullish pennant confirmed
03/12/2020 6:12 PM

SweetChoc, timing is rite, its coming

@liewtz06 @Agjl bro, it's ok to congratulate him even we don't know whether he bought or not, for this time. because judging the way he plays with stock, if he could end up breakeven at the end of the day is considered lucky already. because 90% retailers lost money that way.
03/12/2020 5:23 PM

Liewtz06, Counters like that u dare to buy 200,000 units or not? At most 10,000-20,000 units and make a few thousand and chow. Not worth the time and worry.

@Agjl SafetyFirst
this is what i say when 4.30pm price still 8.73
now Closed really 8.650。
i m GOD please believe me !
My comment always 100% happen
02/12/2020 4:48 PM

@SafetyFirst close today 8.650
tomorrow closed 8.00
friday 7.6
02/12/2020 4:30 PM
03/12/2020 5:06 PM

Haha...Agjl, OK la pity the guy la anyway he deserves his title promotion as STOCK GODDOG 2.

@Agjl Hahahah i tell u later the GOD will cry over his bintai and solution tiday. Wakakakaka
03/12/2020 2:53 PM
-----------------------------------------------------------------------------------------
@SafetyFirst
this is what i say when 4.30pm price still 8.73
now Closed really 8.650。
i m GOD please believe me !
My comment always 100% happen
02/12/2020 4:48 PM

@SafetyFirst close today 8.650
tomorrow closed 8.00
friday 7.6
02/12/2020 4:30 PM
-----------------------------------------------------------------------------------------
If at close today, Supermax didn't drop to RM 8.0 then he will be promoted to
STOCK GODDOG 2.

@Geek2020 IBs supressing the price by parking some big lots. Typical!
03/12/2020 12:20 PM

Better to look beyond IBs effect which we cannot control.
Focus on the number for 2Q21:
- TPE = 0.02+0.05+0.30+0.30 = 0.67 - RM 8.7 / 0.67 = 13 TPE
- Rolling EPS = 0.05+0.30+0.30+0.40 (very conservative est) = 1.05 x 13 = RM 13.65 by Jan21

These numbers are reality based:
1Q21 EPS - 0.30
2Q21 EPS - 0.40
3Q21 EPS - 0.45
4Q21 EPS - 0.50
--------
1.65 x PE12 = RM 20 by June coinciding with the SGX dual listing.
or at worst 1.65 x PE10 = RM 16.5 ( almost doubling of current price in 6 months )

Likely the EPS for FY22 will be around same figures if not more.

Above is the most extreme conservative estimate base on info from AGM. Supermax is a super safe investment and is recommended to those who are risk adverse and consider safetyfirst as an important criteria.

Above is only an info for investment consideration, pls invest at your own risk.

@SafetyFirst come buy solutn bintai
03/12/2020 12:31 PM

@SafetyFirst now vaccine stock is KiNG !!
glove too lousy
03/12/2020 2:06 PM

You are the worst of your kind. Not even 1 contribution in any vaccine stocks forum, only commenting in many glove forums, shouting run and end of gloves. Not one positive comment on glove counters all these time. Real nut case.

@laychee Yesterday the edge daily said,

The cost of glove will go up 70%.
Not sure can translate into ASP or not. If not, margin will drop 70%.

This is fact.

Thanks. I will fxxk myself.
03/12/2020 10:31 AM

You are the smarter one, at least you know need to lay own chee bye.

@Agjl ...hahahahah. Besides GODDOG YUCKS, there is another ine claim as GOD yesterday....even carve his predictions in the wall yesterday evevning.....if u go scroll up u will be the WORDS OF GOD...wakakakakakaka
03/12/2020 11:09 AM
-----------------------------------------------------------------------------------------
@SafetyFirst
this is what i say when 4.30pm price still 8.73
now Closed really 8.650。
i m GOD please believe me !
My comment always 100% happen
02/12/2020 4:48 PM

@SafetyFirst close today 8.650
tomorrow closed 8.00
friday 7.6
02/12/2020 4:30 PM
-----------------------------------------------------------------------------------------

Bro Agjl....ya found it, u mean this God. But yesterday really came true close at 8.65 which he prophesized 15min before pre-close. Anyway lets see later close today if he is really GOD or DOG. Let's give him the benefit of the doubt, although I'm oredi thinking STOCK GODDOG 2 as his moniker.

@omione IT'S NUTS!. How can Supermax stock price be so undervalued.
02/12/2020 11:28 PM

@flydelta Run to where? News says cannot go back to pre-covid price, Aug (RM12), Sept(RM11.6), Mid Oct(near RM11), now Dec, what is the TP? Cannot reach RM9.5?
03/12/2020 9:03 AM

I think many ppl still hoping for the next glove "bubble". However, I think we don't need anymore "bubble" now bcos the reality is now performing better than the previous "bubble". So we base on reality. Therefore, we need to base our estimate on the TPE & Rolling EPS and work forward from there.

- TPE = 0.02+0.05+0.30+0.30 = 0.67 - RM 8.7 / 0.67 = 13 TPE
- Rolling EPS = 0.05+0.30+0.30+0.4 (very conservative est) = 1.05 x 13 = RM 13.65

RM 13.65 is coming in by next QR in January. No "bubble" estimate but purely based on reality. EPS 0.40 estimate is as market expectation. But as we know the real potential to exceed it very big. So imagine if 0.50? = RM 15.

@Ibelieve Ladies and gentlemen, God has shown us a sign, whenever EdwinYap86 appear in the morning, Supermax shall rise, and everyone shall be enjoying fxxking him in the evening. TAKE NOTE!
03/12/2020 9:34 AM

Haha bro Ibelieve, agree when Stock Goddog speaks better listen carefully. Today he said cannot touch RM 10.....so you know what that means !! I m having flash in the pants now.

@EdwinYap86 ALL saying TP RM10,
then means it won't reach RM10 dy,
because who going to wait till 10?
all queuing to run at RM9
you thought Fund managers stupid? lol
03/12/2020 9:05 AM

The STOCK GOD has spoken. So better buy now. On the day he said will go to RM 4 and if you bought ,oredi fatt tatt. Now he said won't reach RM 10, better buy some more today. Sure fatt tatt again :D

@wallstreetrookie TopGlove is much better than Supermx. I don’t care about OEM gloves. I invest in TG because I believe in their ceo and management. They’re very transparent about earnings and I never oppose share buybacks if they have enough cash. Apple and US tech companies also do share buybacks instead of dividends. TG > Supermx
02/12/2020 7:15 PM

If you are MU supporter, you don't just go over to Liverpool Stadium and shout at the top of your voice MU > Liverpool. That is a death wish. You go back to your MU stadium and shout MU > Liverpool. Here I can say Supermax > TG but I would never go to TG forum and say Supermax >TG , that is such a disrespect to the feelings of the ppl there. So you don't be such a stupid rookie to do that here.

@Selina888 All those who purchase the shares have their strategy and investment preferences. Some prefer to go for long term, some medium and some short terms like intraday or with T2. No one is right or wrong . We cannot criticise because everyone is out to make some money using their own trading strategies. That is the ultimate aim.
02/12/2020 6:59 PM

You are quite right. Except these ppl who are punting should not go around barking at others to run or to sell , spreading fake news and half truths, instigating fears and spitting insults with cynical and sarcastic tones. Arguably, 80% of the punters will lose money, but the problem is when they take out their frustrations with such disrespectful behavior towards other peaceful and rational investors in this forum.

Those expressing frustration are the punters and contra players who get caught with the unpredictable price swings. So a word of warning, pls don't punt with this counter. You will regret. Just buy and hold for 6 months or at least until the dual listing with SGX happened.. You will be rewarded.

@Mtrade Gloves and aprons are single use. Between vaccination of individuals they should be disposed of and hand hygiene performed. Fluid resistant (type IIR) surgical facemasks and eye protection can be subject to single session use, as outlined in the guidance linked below. Reusable eye and face protection is acceptable if decontaminated between single or single sessional use, according to the manufacturer’s instructions or local infection control policy
02/12/2020 5:45 PM

@007007 Going forward, gloves companies are going to be hit both ways.....by reducing ASPs and increasing nitrile butadiene prices........ think about it.
02/12/2020 6:14 PM
--------------------------------------------------------------------------------------------------------
As announced in the AGM, the orders are oversold into 2022. .This reflects the positive effects of the vaccine on glove demand as we have been emphasizing in this forum, over and over again, that the converging glove demand of the vaccination programs, the on-going Covid treatmenst and heightened general SOP requirements of various sectors are creating the biggest glove demand ever in the history of mankind. in 2021 to 2022. This means Supermax would have at least 6 QR of record breaking PAT and EPS. With such record breaking orders they would have prebooked and bulk purchased all required nitrile butadiene stock at current price or even lower earlier prices. Meaning any ASP hike is pure net profit thereon. The nitrile price hike will only impact on all the new players/latecomers. So 007007 you should think about it too...

@Ibelieve Hahaha.. TG is so nice, they come to inform investors when exactly the quarter report will be announced. I think I have never seen anything like that.
02/12/2020 6:09 PM

Haha...its like announcing Santa is coming early this Xmas to present the gifts. They should be preparing many goodies for the faithful.

@Agjl , who let the dogs out? I saw one mangali dog with the big backside trying to push thru the kennel door. Can you pls tighten the lock, otherwise he will come out to run soon.
02/12/2020 3:06 PM

My fren, this dog too big.. need ur help...lol
02/12/2020 3:33 PM

Aiyo, I also cannot control, he keeps banging the door with his big backside. I think he will be crashing thru the door soon.

@Agjl ASSwanker...tot u already ran long ago. Why still where? Havent achieve your objective yet?
02/12/2020 2:45 PM

Agjl who let the dogs out? I saw one mangali dog with the big backside trying to push thru the kennel door. Can you pls tighten the lock, otherwise he will come out to run soon.

@Ibelieve Just now passed by Teratai area, didn't bother to visit their surrounding also.

Doesn't bother also EPF or Temasek, most important we buy and own first.
02/12/2020 2:02 PM

Haha bro Ibelieve, make sure you sanitize your tires before parking into your car porch. You are right, make sure we position ourselves kaw kaw first then let the market take care the rest.

Post removed.Why?

Post removed.Why?

@Agjl Its better EPF dun come here. Let Sing temasek in better
02/12/2020 12:27 PM

Agjl. I don't see how EPF can ignore Supermax any longer. Likely they sell a portion of TG to come into Supermax, otherwise the EPF boss may get fxxked for missing the boat later. After all, its all about making profit, and how can EPF not have a position in a company that is going to be the KLSE champion in EPS and PAT margin in 2021 with KLCI inclusion and SGX dual listing coming combined with aggressive manufacturing expansion locally and overseas. Arguably the most potential growth stock in KLSE in 2021.

Congrats to all believers. Glad to see so many happy faithful having peaceful fellowships without any disturbances from the barking dogs. Thanks to @freetospeak sifu for the constant reminders on the potential of Supermax. Its now getting closer to the realization of those potential in the price action. The foundation has been piled and compacted. Now its time to see the rising up of the superstructure in the coming months and years.

@Imagine333 Ken Frazier, CEO of the world's leading vaccine producer, the pharmaceutical company Merck & Co., in an interview with Professor Tsedal Neeley, from Harvard Business School, recalled that the fastest vaccine ever brought to market was medicine. from Merck against mumps, it took about four years!

- We have seen in the past, for example, with swine flu, that this vaccine has done more harm than good. We don't have a great history of introducing vaccines quickly in the midst of a pandemic. We have to take that into account ... ", reflected the CEO.

- In the last quarter of the last century, only 7 new vaccines were developed, 4 of them by Merck, against pathogens for which there were previously in the vaccine.

° Source: https://hbswk.hbs.edu/item/merck-ceo-ken-frazier-speaks-about-a-covid-cure-racism-and-why-leaders-need-to-walk-the-talk
01/12/2020 9:16 PM

This guy really knows what he is talking about. The real expert can see real problems ahead with these fast tracked "vaccines"

@Sinoboy @ToneeFa and will75 lolol. Yup, let all geniuses, morons and wankers run.

Reminds me of a great movie: Run Wankers Run LMAO
01/12/2020 6:38 PM

Haha... somehow when the price dips , they will be running around barking down on everyone, and ask everyone to run. So we gotta leash them then you see the price go up.

Post removed.Why?

@Arsenewenger8383 :
3rd dec - gap up
11th dec - RM 11
15th dec - RM 15

@Ibelieve, nice one ""correction is for collection". I think as long term investors, these temporary issues are non issue actually, only worry the punters and naysayers.

gemfinder you are a real genius to quickly ran before the price collapsed. Good on you. well done

Those who are attending the AGM tmr should ask some question in this regard.

@Sweetchocalates Tesla has had some workers contracted covid and factory shut before the snp500 inclusion. Share price dropped but still went back up. Formed a bullish pennant before breaking out. Supermax is really heading into that direction if gets included in klci index.
01/12/2020 4:49 PM

Agree with you SweetChoc. Supermax will definitely take swift actions to avoid any impact on its operations. For a company with such foresight in adopting the OBM module way ahead of its competitors, we should have confidence that they would have applied the same great foresight in dealing with the operations and workers welfare.

@Trump2020 Those who bought 9.10 yesterday panicking
01/12/2020 4:36 PM

No need to panic.Unless tmr report comes out that Supermax has to shut down bcos of Covid19 infection on its worker, I don't think the price will go any lower. In fact at this price may be buying opportunity for those that missed out earlier, especially the naysayers. Once its announced Supermax has a clean bill then the next station likely at RM 10.

Anyway , I choose to have faith in the Supermax management. Likely they would have taken swift actions if required to put things in good order earlier, even before TG problems exploded. Since money is of no issue, with so much cash in hand, any workers problem can be easily and quickly resolved.. Anyway this is a Black Puma company we are talking about and not a black pukima company.

@mindofgain I really don’t understand why the bad news of top glove will drag supermx price. Such a good chain to continue ytd bull
01/12/2020 3:21 PM

@Toneefa If Supermax can manage to prevent any Covid infection to its workers, won't be surprise to see PAT 2.5 to 3.0B at 3Q21 and 4Q21 result.
Nov 26, 2020 1:26 PM

As i mentioned on Nov 26, if Supermax have been managing their workers living condition in compliance with regulations and can avoid any Covid19 cases, then it will fly higher. But meanwhile, it will be affected by the contagion effect on fear of lockdown affecting all manufacturing companies. Harta have been investing highly onto their workers stringent SOP and compliance with regulation, that's why it is not much affected. So now we should all pray Supermax can come out of this with a clean bill, and it will then it should fly like Superman.

@Trump2020 @toneefa why are the target prices of analysts only around $12 to 14?
30/11/2020 10:10 PM

@Agjl Trump2020...analysts will always tend to be conservative in their TP cos they always assign lower than average PER for super as they view super is more inferior than the rest due to its past history and its eratoc price movement in the past. Also another reason is most anaylst forecast ASP to taper off in the 2H21 and assuming that super normal profit will not happen by FY22....

With the potential inclusion od super into klci, The tighter supply as a result of the closure of TG plant for 4 weeks now whixh may lead to shortage and a spike in ASP, i foresee there will be a rerating on super by IBs soon. Just keep our fingers crossed.
30/11/2020 10:18 PM

Bro Agjl good explanation. Actually all the IBs are also uncertain as to how to make sense of the Covid19 effect going forward. Likely they all thought after the first wave from April - August the whole Covid19 saga and the glove bubble will end with the rolling out of the promised vaccines and then the whole world will have a happy ending/beginning from there. And now they realised that vaccine roll out is not the end of the story and Covid19 is proving to be a bigger challenge than before.
In fact everybody is treading on new ground. There was never a precedent like this on KLSE before , and same goes to the rest of the world bourses . The closest experience was the Spanish Flu (1918-1920) in modern times, but KLSE has not existed then. So all the IBs and big funds also groping in the dark as well. So how are they going to even do the TP projection? After the first wave "bubble" burst, now at the second glove wave, they are staring at something beyond believe, where truth is stranger than fiction, where in the case of Supermax, the reality of the potential earning itself is bursting the "bubble" that they created earlier. So in their disbelieving outlook, they became more "conservative" taking precaution with the TP to avoid being a laughing stock in case their "hallucination" was just a mirage. But they will soon wake up to the reality and will adjust their TP accordingly.

@Trump2020 At RM 20, by Dec is a long shot but if it happens it will be a crazy rich asian story!
30/11/2020 8:28 PM

You wanna be rich u better buy more tickets tmr and hop on the Supermax train ride.

disclaimer : this is not a call to buy but only a speculative info, you buy at your on risk :)

@signn my 2cents thoughts

1) fbm klci index inclusion is imminent. review on dec 2. funds are buying now to position themselves

2) after inclusion to klci index officially on 21 dec, foreign funds will come in to buy, emerging market funds etc. some funds can only buy index stocks. insurance, pensions, sovereign funds etc.
I suspect a big wash of funds n money will come in to supermax. these funds will also buy for their clients etc high net worth investors

3) share div is being given out ex dec 7. hence lots of buying now to get that div share


all in all i think supermax may give us a very good christmas this year. i am expecting rm20 possibly...lol

good luck to all peeps cheers

p.s remember if TG is forecasted to earn 9b to 11bil in FY21, who is to say supermax cannot earn pat of 4bil to 6bil?

supermax at 4bil profit on PE 20 = rm29. this is excluding any div they may give

i say rm20 is quite conservative right?
30/11/2020 8:24 PM
============================================================

Yes signn, your estimate may be a bit optimistic by Xmas to hit RM 20. Maybe closer to RM 15. By CNY can reach RM 20. I m estimating that the EPS for FY21 is as follow:
0.3 + 0.6 + 0.8 + 0.6 = 2.3 x PE 20 = RM 46 by May/June 21 coinciding with SGX dual listing. After listing will > RM 50.

@omione **********

HOW TO TREAD THE MINEFIELD TOWARDS SUPERMAX BONANZA

https://klse.i3investor.com/m/blog/sts/2020-11-30-story-h1537325977-HO...
30/11/2020 7:25 PM
==============================================================

Good write up bro omione. Excellent summary of some of the issues that we discussed in this forum. Wish to correct you on one footnote. On the snippet of an article you mentioned, actually it was highlighted by my posting on 28/11/20 10.14am as below:

"@toneefa
Thanks GrowingRich for sharing this very informative article, which explained many issues regarding effect of vaccines on coronavirus and the current scientific understanding of it.

"The secret: The viruses lost genetic letters in sets of three. Instead of destroying the genetic recipe for a viral protein, the mutations snipped out one or more amino acids.
As much as Dr. Duprex despises the pandemic, he finds it hard not to admire the elegance of these mutations. “It’s so cool, it’s brilliant,” he said."

Scary quote from an expert.

It is clear that this coronavirus species is a very smart virus, and likely Covid19 is the smartest of them all so far, bcos it has figured how to mass infect the world population quickly unlike its predecessors. The virus is definitely smarter than most of the naysayers here who said that when vaccines are out the Covid19 is doomed, and glove counters are doomed. But the Covid19 is saying, when vaccines are out , I can just cut out 3 genetic letters from my genome and the vaccine is doomed and the world is gonna need more and more gloves before it can eradicate me.
28/11/2020 10:14 AM "

I especially like your metaphor of the dog on the leash -
" The stock price is like a dog on a leash. The dog can run up and down, left and right, but eventually, it comes back to the owner who holds the leash. In the stock market, that owner with a leash is the rising streams of earnings."
We can see that effect directly in the forum here. When the price go down, the dogs will be running around barking down on everyone. Once we leash the dogs then the price will automatically go back up again :)

@goodjoe @ToneeFa, well said.
30/11/2020 6:44 PM

Thanks bro goodjoe :)

@pharker Wonder why bursa sudden last minute crashed >

Ant shocking event or just glitch ?
30/11/2020 6:08 PM

Bcos it has become clear that vaccine is not able to immediately solve the Covid19 problem and in return solve the economic problem asap. It is gonna take time and vaccine have to overcome many challenges from issues regarding final approval for roll out, procurement, logistics, efficacy and safety to gaining general public acceptance, uncertainty on time length of immunity protection in the body and potential virus mutation in future rendering the vaccine redundant. However, regardless of any scenario outcome, demand for gloves will be increased. The converging demand from vaccination program, on-going Covid19 treatment and increased SOP requirement for all biz sectors will create the highest demand for glove in the history oh mankind in 2021. And Supermax is right at the forefront to benefit to the super max in terms of record ASP price more than its peers.

@Agjl Hahahahahaha...i cant believe still have people come out so fast to say its a trap.....Germfinder....i salute you....hahahahah
30/11/2020 5:49 PM

He is right, its just that he didn't know the traps were set for naysayers dogs like himself , who have been barking down non stop.

@Agjl ToneeFa...o was just kidding my fren. Its always easy to look at tge hindsight....i already had enough....super had been in my portfolio sonce the day the company reputation was plagued with Stanley insider trading and i went thru the part when EPF exited super due to the scandal....been holding it and added more aggressively at the begining of the pandemic...cant be too greedy anymore:)
30/11/2020 5:45 PM

Ok sounds good Agjl, we have to be grateful. When the tide was against the glove counters, most ppl regretted they didn't sell earlier. Then when the tide is positive , most ppl will regret not buying more earlier. Haha...forever regretting la...

@papasmurf If covid continue to increase, Supermax will make more due to testing requirements. If vaccine is successful, Supermax will make more due to inoculation requirements. If lockdowns are lifted, Supermax will make more due to requirement from airlines, hotels, education, F&B, etc. In short, Supermax will continue to have superb earnings.
30/11/2020 5:25 PM

Today afternoon says a lot about what Mr Market thinks. Overall market dropped -44 pts. But Supermax up 0.58, whereas other glove counters did not rally up like Supermax. So Mr Market has heard us , what we have been saying about Supermax potential is now being recognized in today price action. Mr Market is looking at the potential earning of Supermax and agree Supermax will the earning champion of KLSE in 2021. And also the most potential growth stock in the next 2 years.