Before they took over the Land, with the help from God to defeat the 7 tribes, "surveyors" were asked to go and come back to report the findings (... Like the profit and loss) but in the first journey, lack of emunah, wrong figures/findings were collected hence caused discouragement amongst the community, that has angered God, not trusting God. The fruits are not tasty, land not fertile, the people there are of giant size...

Have faith in the fundamentals of profit making companies

Aaron is the Elder of Moses, he had no jealousy against his younger Moses, when God nominated Moses to lead His people across the wilderness, 40 years and cross the Jordan to the land that promised by God for the descendant of Abraham.

Aaron has the articulation skill better than Moses, humble man, God knows. Imagine he worked under his younger brother. 6GBThe whole community mourned for Aaron when he died at Mt Hor, his cloak was taken from his body and given to Eleazar.

It has 2,257 verses in all, in the Psalm.
There is 150 chapters.

Initially it has 147 chapters but got 3 chapters were split into 2, so total 150 now. Why 147?
Jacob the founding father lived until 147 years old. But Moses 120 years old.
Consist of 5 Books and divided into 19 groups.
READ the Psalm to heal our souls...

The beloved founding mother, Ruth the Moabite, whom via her the Prophet King David came and also the awaiting up and coming Messiah...

Waiting this stock price to rise again..

So, Moses came down from the Mt., he also gave this warning...that Heaven above and the earth below are the witnesses against you that if you rebel and transgress, you will be wiped out from the Promised Land quickly...in 852 years (after the took the Land) but it happened 2 years earlier, destroyed by the Babylonians. The Lord can not for another 2 years.

Forty days on Mt Sinai, Moses's Soul went to Heaven but the body is fasting, in "clinical death", without snack or food.

Why not 25/30/35 days?
40 days to create a human...from the moment the father and the mother having intimacy, conceived, by 40 days the baby is complete the body and the Soul.

"If you listen to me, I will bless you" says the Lord.
Another blessing is in the womb, you will have children and your wife need not have to be a career-minded person.

Sometimes, the rich doesn't have children or poor couple have plenty of children. These blessing are not complete. SO, the Lord will bless you in completely, means you can have money for children...clothing, education,... tuition fees to study The Word of God.

Is Like in during certain seasons/winter..you have hands but without the gloves...what is the point?

I want to ask a question. Who is the smartest person had ever lived?
The answer is King Solomon. He is the holy one, God even gave him the divine wisdom, etc..

When you want to have an advice, who do you want to consult?
From a local forum guy/university lecturer or King Solomon?
No one scream "King Solomon?" You hesitating?

For example, King Solomon said, in raising children, your left hand giving the kids the attention and loves..but your right hand giving them the canes when necessary. Unlike the university lecturers would say, "be mild and gentle to your kids...."

SO, meanwhile here you get ups and downs, left and right....but future results should

Projected PAT in Q 2021 Calculation - the incremental manufacturing/production cost on 15% monthly , the cost from Aug, should be RM158 X 1.15 .., (Sep 158 X 1.15) X 1.15

Those cash rich traders who bought at RM18.20 yestetday still got time to contra, after that no more RM20 a unit.

Got plenty of time to contra if entered at RM18.20

Those who has entered at RM18.10 , can contra now..

If you have...no point keep making noise, know when to enter

Let say, one doing the calling say, Public Bank...go sale RM16... going sale RM15 , What will happen next? Be prepared...Grandfather Tey will swallow all the shares in the open market lah.

If you are the founder of a company, you surely know how deep is the "seabed" of your company. Do you want to be affected by the noise in the market?

In the open market, it is one making from another, but when it is too low the price when compare to the value of his factories/business, he/she will sure buy/intervene instantly.

SO, you have entered at RM18.10 , you can contra it before the Lunch hours. Why "NO"?

Issued Shares is 1.36B units, transacted <13M units causing the price dropped by 1% (0.95) , no way is a crash. Ver few panicked. People who bought at RM18.10 just now made a huge profit already.

Yeah...

SO, some IBs said what is the reasonable P/E now?

EPS 38.64 X P/E 59.11 = RM22.84

=0.3864 X 59.11 = RM22.84
IF the P/E is 100 , the M/V is RM38.64

Moses have to knock on the rock, so the water came out...complained "why brought us out from Egypt and let us suffer in the wilderness?". U see, Moses was your best advocate in defending their offences/disbeliefs in front of the God. 120 days (like 1 QR) Moses was up on the Mountain, the people dancing surrounding the golden calf, when Moses just brought down the Tablet...first Tablet was broken...later Moses got the 2nd Tablet...the Commandments. The Commandments were the people to keep..

Keep the Shares for further appreciation of the value..

Q1(01JULY to 30SEPT) for Y2021 is the progress now, by the minute, even as we speak, and with the increasingly good demand of the products (manufacturing & marketing/distribution), the share dividend, the Bonus Issue...hence the demand for Supermax shares should be overwhelming in the weeks to come.

...the share div and the BI are the pulling factors..for the investors, such a well planned strategy.

Emergence of customers that are unheard-of prior to the virus... The products are being used for the first time by many people... the demand from overseas market... buy according to your affordability, why Doubting Thomas?

Treasury shares are owned by the company. The shares could have been bought by the Company like you and me buying the shares through the open market.

This holdings is not surely with the purpose to reduce the quantity of issued shares but could be meant to reward certain staff/existing shareholders when the need arise and etc..

When the current Q ended on 30Sept - purchase orders coming in non stop, maybe after 1 share became 2 shares (after the bonus issue), how much a share then? Worth to hold further.

All funds/earnings locked in the banks, unbelievable.

The most prevalent ones are the Cash in Bank and Retained Profits/Reserve...fantastic.

The Press Release - the text narrated therein...the best result since their inception...enviable. Congrates!

RM408million

Bsically, not even the mothers-in-law of the Directors and Accountant can get to know the QR position. I doubt any person is the neighbor of any of them, so narrow the possibility that you may be leaving next to those old folks, it is just another total lost case if betting that the IBs have smelled already. Anyone leak out the figures, he will get it...fired.

All of them knew that Moses was nominated by God to act as the chief to take charge of taking them out from Egypt ...and heading to the Promised Land, no contradiction.Who is Korah?

The stupidity of a person will turn him/her away from the right path and putting the blame to God. Who wrote it? King Soloman.

A person has the option to do right that please God and wrong that anger God. In the midst of his wickedness, do you think God will allow him to repent? Sure. But do you think will change the law of nature to save him? No.

Hope the QR is a good one.

Yes, the selling point here is the Bonus Issue. 1:1 The company can not take anyone plus the SC for a ride.
What is the supporting point? PROFIT FIGURES.

Some companies did the revaluation of land to issue bonus shares. Unless Supermax doing this...

Debit side - Bank balances or Debtors increased , when plenty of sale

Credit side - Increase in Retained profit and increase in Sale, when plenty of Sale

You can check, the assets/debtors will be plenty if got many booked sale although customers have not wired the funds even from overseas. Inventories usually should be reduced as an input to the specific job (confirmed orders) that needed raw materials. I view the TOTAL ASSETS AS VERY IMPORTANT.

The moment a customer has booked the purchased , it is considered/ recognizing the sale and profit because the Accountant applying the Accrual Accounting method. Although the invoices still outstanding.
At times, it has advantage or disadvantages at another time,because you can beautify the QR or keep some extra-ordinary profits for the subsequent QR.

At times, you need to keep some for the next QR (not satu kali all in this QR) and got not much to boost during Bonus Issue quarter.

3rd QR @31MAR2020 published on 20MAY2020, PAT RM72.3M for the quarter.

4th QR @30JUNE2020 published on ? , Profit ?

Bonus Issue 1:1 announced on 20JULY2020.
When the company can come out with the BI exercise, meaning when 1 share can not reached RM25 a unit, no problem, the BI will a facilitating factor to achieve it. HOW?

Answer: Usually Profit to be announced has to be extra-ordinary, 1st criteria.
Then,....

As the saying goes..."Don't be the last person to buy this share...don't be the last person to sell". The demand for gloves will increase progressively...may not get at the lowest price..unless bought one week after the Lockdown and still holding the shares zealously.

Just like a certain good bank share...if you have bought back in 1970 or so, you are a millionaire since 20 years ago now. But this gloves industry, takes less than 6 months, unbelievable.

So, even the important figures/relatives also dare not buy especially when the Profit Figures are due/big deals will be sealed soon. Could have been bought many weeks ago. Don't play play. The FBI will ransack Mark Zukerberg's relatives/friends low cost houses, for example...

I over heard, in the US, FBI knocked/slammed on your door, will ransack your room/PCs and charge you for insider trading... for buying a lot of FB shares lately instead of the usual intel/amd which is favorite ever since...

Penalized you for a million Dollar and imprisonment for 5 year...plus the offense for money-laundering.

1. Price go DOWN despite very good profit - intentionally orchestrated to prove that there was no insider trading. No need to worry about reprimanding/interrogation by the Authorities.

2. Price keep going UP preceding the disclosure of the QR (let say very good profit) - that's why everybody/the important figures stayed tight-lipped, tantamount to top secret. Also, no worry of being reprimanded by SC.

Not easy being the important figures of the company, repeatedly you were warned to avoid those topics about the QRs, P/L...or addition production line even when attending any relative's baby full moon party,...no spy come near to turn your subject to glove making...

Two things can happen...despite the profit is a humongous one and before announcing it,

..you can not read/know...

Facial expression counts.

For example, seeing that the QR will be announced in a few days time, surely the Accountant/Financial Controller has been reminded time and again not to divulge the position of the P/L to any person which is due to be disclosed soon. The directors do have the privileges to hear the briefing by the Accountant before finalizing the QR. You may be able to recognize some of them. Even you bump into any one of them in a neighborhood grocery store, you can read/know the position of the P/L merely by looking at their faces because they were told to conduct the behavior as usually, whether this quarter's profit is RM1B or RM900M.

SO, we got to continue to guess and making prediction.

The standard can be so high the level, the media or the business magazines still can not reach any of the important figures to get some clues to the P/L. Suppose to disclose via the proper channel in a few days/weeks.

If you have Apple or FB some years ago, or Amazon....

people need it..

Invest according to your affordability.

Afford the risk, the returns...

Demand for gloves will be increasing progressively for years to come.

Demand for the gloves will be increasing for years to come. Malaysia is fortunate to have these gloves industry, in addition to durians Raja Kunyit, D24.. & kelapa sawit, as compare to many neighboring countries.

But these companies have not other obligation so far except to disclose those informations during the QRs, ARs and other incidental filings as required by the rules from the SC/KLSE.

Outside, the investors/people just a matter of guessing and estimating their performance only...so just wait for the announcement.

Also, all public company should have to display the current market value of their shares in their websites. This is not new in some countries or companies.

The profits for the accumulated days before the up and coming QR must be displayed clearly on each company's website.

Such practices will do away the anxiety affecting the investing communities.

In future, all the Accountants can clock out at 5pm. Using the structured automated classifying all kinds of amount and expenses, the Balance Sheet and P/L can be finalised at the same time like the closing hour of KLSE daily.

Unlike those olden days, using the abacus to complete the addition and subtraction of figures.

Why needed weeks to dress up the accounts?

Can you identify a company in KLSE that published the already delayed AR (31122019) and QR (for 31032020) on the same day (05JUNE2020).

Basically, good news better don't keep them to yourself.

If the results are very good, it is better not to delay in publishing them.

For example, Careplus published the QR (31032020) & AR (31122019) on the same day (05JUNE2020). Quickly on 24JULY2020, the QR for 30062020 was published. WHY?

Beat the iron when it is still hot. So, the good results that are "hot from the oven" have helped in increasing the value and better demand of the shares at the right timing.