stable gov already now? general stock market is still bad...

Supermax is strong in its distribution in US and canada... Now US folks are lining up to Costco and etc to get all the supplies ready to stay home... even gloves are flying off the shelfs...

Now nyse preparing for shutdown... workers are advised to work from hone in new york. Next sikicon valley is hit by the virus too... may have to work from home for the employees.. US companies will be hit hard this year...

re: Yes Sky Liew, don't like the Nanyang Min Yuen... everytime speak something sure drop... sometimes drop very long...

wow, investing for the future... i like this statement... anyhow, supermax future looks brighter by the day... plant completion and capacity expansion is now possible without interference from politics... + if AI goes up, supermax will fly to the roof... if tok about brigther future, then PE 24 to 30 should be given....

red alert red alert.... this guy come out again... "https://klse.i3investor.com/blogs/nanyang_stock_expert/2020-02-27-story-h1483972996.jsp"

everytime this min min or whatever come out to talk, sure stock will decline from here... aduh

based on Q1 results, it says PBT increased by 28% QOQ, so i would think next QR, if 28% QOQ due to new capacity, we should be looking at RM55m PBT... that would mean RM38mil net profit... certainly achievable in this coronavirus scenario... all this calculation and speculation only yah... take it with a pinch of salt....

i looked again at the AGM presentation sent to me by a friend last time, it says Plant 12 section A (2.2b) 3 lines already commissioned (0.825b), remaining 5 lines (1.375b) will be done in Q1 CY2020... we got RM15mil increase in revenue last quarter (0.825b extra), hence, this Q1, 1.375b extra capacity should contribute RM25mil extra - so I'm looking at least RM410mil revenue by next QR... of course now with USD increase, we should be looking at even higher revenue I presume... so far looking good...

any cimb report? Can someone upload?

I re-read the QR... capex spent is RM125mil.... of which RM57mil is paid to acquire the land... (RM65mil orig price minus RM6.5mil initial payment + minus RM1.5mil rental for 6 months)... hence, capex for equipment for new plants = RM68mil.... this capex is so much looks like expediting other new lines to be commisioned... so looks like 1 to 2 quarters later we shall see a lot more new capacities coming out... earlier this estimates is 2H 2020... looks like end 1H 2020 should already see substantial increase in capacity....

i think they already regret... bcoz up already...

based on previous announcement for final dividend, treasury shares is announced about half month later... hopefully we should see some announcement on this in March... shareholders should be entitled a bit on dividend (if not a cash, at least treasury share dividend)... if not gugu...

Hmm, this QR no dividend announce... looks like cash is used to purchase land for expansion and new equipment.. not sure if can give treasury shares as dividend? At least better than nothing... huhu

wow, hoyan3 seems to know upfront the numbers.... :)

today i3 sleeping... not updating prices anymore... trading volume also zero

hopefully they will benefit as well... :) though i know they are strong in UK and Ireland....

Europe gloves usually a Kossan/Harta/topglove playground... more nitrile centric

re: bizzybone... now don't want go Busan... possible corona... train to the moon...

very active this morning :)

salute topman... resilient... in the face of uncertainties...

looking at your snapshot, it looks like upto RM80million of fresh fund is added into the stock... hmm... interesting... still waiting for someone like EPF to have 5%.... already own top 3 glovemakers, why not this...

re:myinvestor the data you show, when is the latest date of changes of ownership?

before Kossan became a RM50 to RM61m net profit... was stagnant at RM45m net profit... with Superman factory now up and running, can Superman start registering RM45m net profit slot vacated by Kossan last time? That will give it a RM4 to 5b market cap...

haha as expected... topman can fly but superman needs QR evidence...

Let me repeat... Feb QR is the STRONGEST QR for Superman... so should not be a worry

yes correct bizzybone... as long as tomorrow QR not a jump down... but usually Feb QR is the strongest... + words like very optimistic about next QR... then boom....

i think superman cannot up too aggressively, due to nervousness surrounding its QR announcement tomorrow...

fuyoh, topglov 3% up already.... power... now superman must follow topman...

now on the offensive... topglov leads the gainer and supermax follows....

everyone is screwing up on the coroV testing... https://worldaffairs.blog/2020/02/22/pandemic-imminent-us-japan-everyone-is-screwing-up-coronavirus/

Now US, Japan and Europe big concern.

re: Atarah, not so soon, first clinical trial is April... they say the whole process is 18 months...

wow, pang welcome back... u and panorama can form a tag team ler...

And i also profitted from BATman thx to panorama.. really chun chun ler...

Wah... after been here in this forum for some time... most sensible comment and analysis comes from bro Panorama1... kudos

wah Kossan ATH QR net profit.... very good... QOQ 24%.... Monday will bring up glove sectors...

if this month supermax macd cross, then confirm uptrend at least few months... so most important is next week... few months should be 6 to 7 months... at least next 2 quarters...

re:laychee, QR today Kossan, QR supermax is estimated next Tues....

Monday - kossan announce good result, Tuesday - Supermax announce good result, 27 Feb Tun announce stimulus package... triple stimulus next week

actually china is really not a concern... the concern is USA....
"https://www.washingtonpost.com/health/coronavirus-diamond-princess-cruise-americans/2020/02/20/b6f54cae-5279-11ea-b119-4faabac6674f_story.html"

earlier 30k passengers were tested with mixed results due to faulty test kits... CDC just replaced them this week, but the 30k passengers already free to go..
now these passengers from Diamond cruise is further mix in the US community.. instead of quarantine in Japan medical facilities...

"Pharmaniaga Bhd posted its first full-year loss since going public 21 years ago, as the pharmaceutical group was hit by the Pharmacy Information System (PhIS) amortisation and a provision for stock write-off, as a result of a voluntary Ranitidine product recall"

1) Impairment loss and write off
2) being in pharmaceutical product - need ensure product quality etc... it's a much harder business..

gloves - need to ensure 100% testing for leakage... that's all and no raw material supply disruption + no logistic disruption...

"Date Buyer Supplier Details 42 more fields
2020-02-13 Supermax Healthcare
Maxter Glove Mfg. Sdn Bhd

NON-STERILE LATEX EXAMINATION GLOVES NON-STERILE LATEX EXAMINATION GLOVES
Bill of lading
2020-02-13 Supermax Healthcare
Maxter Glove Mfg. Sdn Bhd

NON-STERILE NITRILE EXAMINATION GLOVES
Bill of lading
2020-02-13 Supermax Healthcare
Maxter Glove Mfg. Sdn Bhd

NON-STERILE NITRILE EXAMINATION GLOVES
Bill of lading
"
few more containers just arrived in USA for the hospitals/retail etc... to prepare for any emergency... now peak influenza season...

from the article
"San Diego

Hospital staff at San Diego-based Scripps Health are consolidating medical supplies such as masks, gloves and gowns and have ordered backup reserves in case of a widespread outbreak in the United State, said Dr. Ghazala Sharieff, chief medical officer.
"

closing - hammer

finally close the gap... :) previous gap closing was 1.61... today managed to goto 1.59... :) wah so nice.... give chance to collect....

Yes, use CT scan now.. it's faster... so the suspected one becomes whether confirm or not will be faster... but news will focus on 14000 new confirmed... so the trend is still fear for now... irregardless of new scan method

Targeted I think the infection identification methods of new infections and death causes hv improved,

Sometimes also like to announce on friday... lets see this friday how

now worrying is qr... so close to announcement don't know good or not...

but last year qr, already new plant start operation at least looking at 1.1b of extra gloves... this q another 1.1b gloves... 2nd half 2.2b gloves.... so means > 20% growth in production volume

anything ocean nowadays is ong...

investment banker hard at work today

today c73 expiry... maybe need to wait afternoon...