Crazy

Jp Morgan buying up

Oh wow the atomic wave !

6.57

6.57

6.53

6.50 coming . Today is the toiling point for COVID in Europe and the failing point for the anti-glove rioters here !

Where are the anti-glove rioters today ??

If you haven’t bought Supermax, today is the day to act. Uptrend till results! Have a prosperous new year of the BULL !!!

7.00

Where are the glove rioters ?

Tomorrow on the up till release of Record Quarter results

Bad news https://www.facebook.com/212009668822281/posts/3814944141862131/?d=n

https://www.facebook.com/30478646760/posts/10157501344946761/?d=n

If chairman of top glove buys his own share at 6, why aren’t you buying glove shares??

The mutation what makes Supermax great again

https://www.facebook.com/719988298/posts/10158050539833299/?d=n

Uncle should be afraid ! About bloody time https://focusmalaysia.my/markets/rm10-mil-fine-awaits-half-baked-stock-market-gurus-warns-sc/

https://www.facebook.com/219367258105115/posts/5225039580871166/?d=n

Tomorrow guaranteed Huat https://www.facebook.com/164305410295882/posts/6519345801458446/?d=n

Below 6 now

Are the volume stated in lots (,000) or units of shares ?

Add me pls Tq

Serious news on glove stoppages on Malaysian glove makers https://www.malaysiakini.com/news/556662

The Huat vibes is cooking

Biden warns. Glove needed more than ever. https://www.facebook.com/6250307292/posts/10160570711947293/?d=n

Stevenckheng the transfer to a single company can mean they are thinking for selling some shares to an institution eg after the KLCI inclusion. In corporate equity, we buy into companies not from individual so that the founders of the company contract at investment vehicle level . Say if Calpers or Blackrock buys in, they will negotiate directly with Stanley and takes a direct stake in his holding. Otherwise we have to buy from the free market. Not so efficient.

SECURITIES COMMISSION must investigate JP MORGAN!

I am new to Dayang. When you check back the old price, on 2017-3-28 the price dropped by half on that day, What happened? Does anyone know?

https://klse.i3investor.com/blogs/Newroc/2020-12-12-story-h1537562205-Debunking_JP_Morgan_s_alarmist_report_on_Top_Glove_and_the_Glove_Sector.jsp

Boris johnson today witnessing first vaccination see got glove or not https://www.facebook.com/7303343452/posts/10159156016263453/?d=n

This settles whether gloves are needed in vaccines dated 6/12/2030 https://www.cbsnews.com/news/nitrile-glove-shortage-covid-19-vaccine-60-minutes-2020-12-06/

7.4% a day ! What volatility !

Who are those jokers who play gloves and o g like Russian roulette !? One day here, another day there!!

One important point missed. Every healthcare worker use only one n95 mask a day/ 10-12 hour shift. They use 6 to 7 pairs of gloves everyday, change as they exit and enter the Covid wards. Work that out!

Klccp dislodged by Supermax used to rise 2.1% in 2014 on the day it wad included in KLCI. Tomorrow expect 2% in Supermax or more as it’s eps is much higher than klccp in 2014.

Staggering new statistics of death screaming for more PPE needed https://www.mediaite.com/news/staggering-new-cdc-data-suggests-true-coronavirus-death-toll-is-now-near-400000/?fbclid=IwAR0XNmtfQiJjw0QzcrBAuY0OpzqE7LLY3AoFZ1VbOmkjXPA06AVtHLBVEIs

Going into oil storage

CNN today reports CDC estimate 50,000,000 cases by Feb and 500,000 deaths then. PPE is dangerously low despite vaccines rolling out. CDC says DEC will be the worst winter in USA history. Supermax to rescue !

What software you use to see how many lots being sold ?

KUALA LUMPUR (Dec 2): KAF Research said nitrile latex price could well breach US$3,000 per metric ton (pmt) in December, compressing the margins of some glove makers.

The research house’s analyst Nabil Zainoodin said in a note that nitrile latex price, which has more than doubled to US$2,810 pmt from its lowest this year at US$1,300 pmt in April due to tight supply amid the surge in nitrile gloves demand, may continue to rise.

“Looking at the current trajectory, nitrile latex price could well breach US$3,000 pmt in December, surpassing its last peak of US$2,910 pmt in April 2011,” he said.

At US$3,000 pmt for nitrile latex, he estimates the cost to produce 1,000 pieces of nitrile gloves would increase by 70% quarter-on-quarter (q-o-q) to RM120.

“We expect nitrile latex price to continue to rise throughout 2021 and could only ease towards the end of 2022 once suppliers’ capacity expansion projects are completed,” he said.

He said the higher nitrile latex cost will undoubtedly impact nitrile-centric glove makers.

While local manufacturers have shifted product mix towards more nitrile gloves in recent years, Hartalega Holdings Bhd and Kossan Rubber Industries Bhd remain as the two most nitrile-focused players as their product mixes skew largely towards nitrile gloves at 95% and 80% share, respectively, he said.

“It is uncertain if manufacturers can fully pass on the additional cost to customers. The risk is that the boost to profit margin from operating leverage may reverse drastically if average selling price (ASP) growth were to plateau or contract faster than expected,” he said.

He noted that in recent investor meetings, Hartalega guided for about 45% q-o-q increase in ASP while Kossan’s ASP would increase by about 25% q-o-q next quarter.

“At the current rate, incremental cost outpaced revision in ASP, which inevitably would impact margins,” he said.

He also said the spike in nitrile latex cost is one of the reasons behind his glove sector downgrade from "overweight" to "neutral" in sector report on Nov 18.

“Both Hartalega and Kossan have been downgraded from 'buy' to 'hold' with new target prices (TPs) of RM14.78 and RM6.51 respectively,” he said.

Despite potentially worse impact from higher nitrile latex cost, he reckoned that Hartalega and Kossan are most likely to declare special dividends because their major shareholders have relatively high stakes in the company, at 49% and 47% respectively.

While he is neutral on the sector, he kept Top Glove Corp Bhd at a "buy" (TP: RM8.58) due to its ability to command higher selling prices compared to peers, attractive dividend yield of more than 6% at current price (expect quarterly dividend payment from semi-annual previously) and expectation that the US import ban will be resolved soon.

He also maintained his "buy" call on Supermax Corp Bhd (TP: RM9.57) as it provides the best earnings yield among glove makers, thanks to its own brand manufacturing cum distribution business model, plans to build glove manufacturing plants overseas close to its key customers, as well as expectations that it will be included in the FBM KLCI in December.

At noon break, Top Glove was unchanged at RM6.79, valuing the group at RM53.88 billion. Supermax rose 8 sen or 0.91% to RM8.88, giving it a market capitalisation of RM22.68 billion. Hartalega fell 2 sen or 0.14% to RM14.44, giving it a valuation of RM49.5 billion. Kossan was unchanged at RM6.18, bringing its market capitalisation to RM15.76 billion.

You only need to buy one stock well. If you buy Apple earlier with one lot, you are rich. Same here Supermax. Buy one lot that’s all you need. Two of you can and more if you want. But one is all you need!

Hope january bonus share is big Ang POW !

EPF won’t hold shares if they know something...looks dangerous

Breaking 9 now ! Wow

Wow the stock is really going up! Leadership counts and counts every time ! Great AGM! Great leaders !

What’s the free float of Supermax? Am thinking that a sovereign fund will come (Temasek) and eat us up very soon ..!

Bonus in January happy Chinese New Year all! Thanks Supermax

AGM NEWS is very positive for Supermax to be no1 . It will be no1. It’s not stated a mission for the company but they are smart not to. Just quietly become no 1 ppe maker ! Buy!

Topglove keep dropping. Sell Topglove and move your money here... Supermax is the future top glove company with its own brand and proudly made in malaysia supported by leaders that are farsighted!

Sudden Green Supermax. What Agm’s Super Santa Claus bringing ?