Re:maxam, i like the comment 2 plants already commence construction work.... wah seems like even in 2021 can have 4b + 4b plant.... 8b capacity ... lai lai....

Okok... tunggu ur article until neck is long... counting numbers just now still cant sleep

Split/bonus issue cannot give yet.... maybe not even at 8 yet... coz retained profit for supermax need to be at least 1.36b for 1 to 1 bonus... now only rm0.95b... still got half a billion profit to make to be put into retained earnings.... next few quarters really need 150m per quarter b4 even can talk about bonus...

Ya, RM8 logic. Once hit soon. People will talk about RM10 pula. How..haha. Split/Bonus issue

Then why need wait for June? Like tonnes shipment can teach how to search from internet? I want upgrade my internet search capabilities another step..

freetospeak chief999 ...hint on calculate wat..i got all the info on net...

Can hint hint how u calculate?without being insider, without being close to insider.... mana boleh... only can speculate here and there...

freetospeak now april to jun not over...will compile more accurate numbers when its over. management also dunno the numbers now...lol

20/05/2020 9:46 PM

@kim, ready kah itu article for harta? Or also got new article for superman?

@pang, @freetospeak.... help me... tonight first time trouble to sleep... imaginations running wild in my head... 6 lar 9 lar 12 lar... then 20 also got.... my goodness... no trouble to huat but got trouble to sleep...

Limit up for Raya... not bad also...

That will be RM9 consistent with @freetospeak second target price.... rm9... ini freetospeak banyak pandai....

If supermax rm100mil net profit, must give at least rm12bil market cap to them.... why... coz rm100mil quarterly used to be topglove and topglove was rm12b before that... so rm12b is not too much to ask for....

one more thing:- they spent RM175million for CAPEX.... !!! plant + equipment + property.... that means RM60m land + RM20mil land + RM95mil factory expansion... RM95mil factory expansion must be equipment for factory a and b section.. looks like 4.4b extra capacity could have already added in this Q.... that will be another almost 20% extra capacities... :)

they also smart, didn't sell more inventories... only RM10-20million at cost stock...

yes yes....

why 30%... bcoz some of the countries they operate in is higher tax than malaysia 24%... eg USA 30%....

why? bcoz, supermax again use accounting method.. this qr income tax @ 25% not 30%.... so next QR bumper profit but 35% tax....

discount a bit... maybe RM100 to 110million

haha, @freetospeak, now u in line with me... RM120million instead of RM150million.... :)

If count like this, that means Supermax can potentially RM13... :)


@Aramco Harta latest qtr eps 2.05 sen
Share issue 3.385 billion shares
Today closing price RM 9.42

Supermax latest qtr eps 5.42 sen
Share issue 1.360 billion shares only
But today closing price only RM 4.59

Compare both , which is better prospect and price gap so apart
So what will be Supermax price call tomorrow onwards ?

Lucky Kenanga renew its target price and renew its report, else with the old report, will look dumb dumb

Tonight when free will spend some time read all supermax qr report , see any further clues....

@freetospeak... now i believe rm100mil now... 150mil still tall order for me.... max rm120mil

OBM power!!!

I like this comment

"The prospect from Distribution, Manufacuring of Gloves and Contact Lens divisions remain robust and we are optimistic that Supermax’s Own Brand Manufacturing (OBM) cum Disribution business model yields better returns than the traditional OEM model when demand spikes exponentially."

GOAT

pang72 Joywest, you are the best. You put all negative comment.
People are kept asking you to join Supermx to tech you to earn money

only u trust lar... I already show article b4, vaccine best case is 60%.... by the time vaccine comes, it will mutate again...

joyvest if not the US said doubt on the vaccine ,it would have been a different ball game today ....................................

:)

haha...

Ikigai chief999 perhaps my goat to him is negative haha. his skin too thick alrd. keep spamming few gloves counter with negative comments but no facts

Ikigai, u put fullstop then GOAT... GOAT for positive or negative? Haha.... need to be clear and specific... else that person thick skin...

same same... slightly higher... haha

eh? hehe .. whateva.. all of us here since 1.3* +) Enjoy!

i think result already out, and some pple already know what is in store... it has happened before... supermax released their results in noon.... so if it happens again, i wont be surprised... after 12pm. u can see so active...

yes. 4.50 cantik

i think topglove said 10% to 20% is through online/obm... so they will benefit as well... they got latex, vinyl, nitrile + lots of capacities....

haha, actually really believe you... the believe is to give confidence to ourselves... but deep in our heart, even achieve RM500mil profit also laugh die...

freetospeak comfort profit for 2021 is 216 million...when I say supermax got 1 billion quite reasonable also...lol...no many beleive me...but seems OTB sifu beleives...lol

but comfort with very little capacity compared to big 4 also get estimated at RM40mil net profit (25% income tax I calculate for Pre-tax)... wow... that is it will be a shame if supermax is only RM60mil net profit which I think its unlikely... let us see... if later surge either the result is very good or result is good and the forward looking is super good... etc... at least some numbers for us to recalculate again...

makes sense...


freetospeak i guess may b 2.5 x of 30 million = 75 million. becoz rose 2.5 x from 1.80 to 4.50.

Freetospeak... yes yes.. next 2 qtr... lets wait for 100m this quarter... our own calculation ok... if true will mencecah bumbung

Pang, looking at the surge now... i also think so... but i would like to see something like 150m per quarter like freetospeak mentioned... haha.... although it will be very tall order... RM60mil net already is very good... then next quarter can slowly march to RM100mil per quarter... :)

if afternoon suddenly very strong surge... might be indication today release result and the result could be very very good...

Latest covid transmission... animal to human...

https://twitter.com/BNODesk/status/1262892639600377857?s=19

If they dont revise, later when the news come out, they will look dumb dumb

In the west they cant, later the brand distributor will remove them so they can only be oem in west and obm in china

Actually harta is slowly changing that... but longer term... i ssw that they are promoting their own brand in china...

Could be

Yes. Thx

To @free

May i have the link of the ib who has this calculation?

profit is at least 150 mil. per qtr..this is calculated by ib, not me

I saw bloomberg says 21 May... not sure 21 is refer to US time or etc....

@free... make sense oso... cannot be today... today is also for pple to digest harta results... normal pple read no good... but fund knows its good... and hoot other glove counters...

strange... if today, then the news could have leaked, if good results, why still kena press down to 4.25? tot buying momentum should at least maintain above 4.30.... ?

@freetospeak, today announce result?

wah super good hammer.... very strong rebound... :)