freetospeak

freetospeak | Joined since 2017-10-16

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Stock

2020-06-10 09:22 | Report Abuse

only TG is fast...n i praise them for being so swift n fast.

Stock

2020-06-10 09:21 | Report Abuse

chief999...harta cannot increase asp 3 x in qtr 4...they can only increase 10-15% after jun...they are too slow.

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2020-06-10 09:18 | Report Abuse

pbb the garang one ...give TG tp 35...is it true?

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2020-06-10 09:02 | Report Abuse

gooshen ./.harta is 10000 times bigger than supermx.

supermax qtr 4 result will beat harta profit...if harta is 10000x bigger than supermax...then harta shld be able to earn 10000 x 200 million in qtr 4...lets c if harta can do that.

Stock

2020-06-10 08:57 | Report Abuse

We also note that Top Glove is the price leader during this tight supply period. It has already raised its ASP by 10-15% in Jun and Jul, but it remains to be seen if other smaller players will follow suit. When I checked with Sri Trang's IR 2 days ago, the IR said they are still practising the 5% MoM hike and was surprised with Top Glove's +10-15% hike in Jun-Jul.

They hav no idea supermax is the asp leader...lol

Stock

2020-06-10 08:49 | Report Abuse

gooshen...think deeper..n further..dun focus on covid.

Stock

2020-06-10 08:31 | Report Abuse

If can show him....will be late in game already...lol...how to earn like that..

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2020-06-10 08:28 | Report Abuse

Charlest...hiong hiong be the leader...u go challenge them la...they giv 40% margin for tg for 2021. Supermax le...shld be more than 40% rite.

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2020-06-10 08:24 | Report Abuse

I said b4 supermax need another 50% expansion on top of current expansion to capitalise on current super growth period. Think they shared my views...welldone management.

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2020-06-10 08:21 | Report Abuse

If qtr 4 profit is 200 million, 3 x of qtr3 70 million...mean pe mus reach 200 b4 qtr 4? Nver seen b4 pe ...lol...

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2020-06-10 08:18 | Report Abuse

OTB sifu already said he will revise tp when times come one step at a time....he knows Supermax potential. By july qtr 4 result will already be compiled n u will c price above 12 most likely. Then u will c ib very busy revising tp again.

Stock

2020-06-10 08:08 | Report Abuse

My tp is already 12 when it was 3.80,fair value 21....the higest in the industry during that time...lol

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2020-06-10 07:43 | Report Abuse

U think kossan n harta can increase asp from 25 to 35 in 1 to 3 month...unlikely...3 to 6 months likely...supermax increase asp from 25 to 70 in 1 to 3 month ...pcs of cake...becoz their buyer is own brand.

Stock

2020-06-10 07:38 | Report Abuse

Charlest...they always slow in respond than i3 ..so giv them sometime...lol

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2020-06-10 07:20 | Report Abuse

6 billion gloves...only need 5 sen profit...0.012 usd....12 usd per 1000 pcs..to get 300 million profit....meaning avg asp 35usd/1000pcs . Asp now in us is now more than usd150. For other oem company its very difficult to get 35usd from 25 previously. They can incresae 10% monthly.but it will take them 3 to 4 months to reached. For supermax they can do it very fast becoz they are shipping to obm centre ,n this obm centre sell bulk to gomen agency hospital direct.cut off middle men.so u think they can sell at wat price? Yes..usd150 n above. 

So u think supermax can acchived a 5 sen profit per gloves or usd35/1000pcs. I think its a piece of cake.

Stock

2020-06-09 21:17 | Report Abuse

wait til us market correction ...every one will run bak to glove stock again...its still a dangerous world out there...gloves is your only safe haven...lol

Stock

2020-06-09 18:27 | Report Abuse

20202023...it is in rm...there is no need to convert the usd to rm becoz i am caluating the factor only..meaning the percentage increase from Avg. ASP JAN - MAR = USD69 to
Avg. ASP APR - JUN = USD 107.50 . These are averages taken from anlayst report.

If u want to asp 25 to 100 ...also can ...but u know the result will be profit is very high...n becoz the revenue consist of both oem n obm centre n obm distributor...the US25 is a bit too low for the 3 different customer. N also there are many type of gloves... not all selling at 25 n above100.

Stock

2020-06-09 17:40 | Report Abuse

my 200 million already very conservative...dun wan to shock ppl here with other calculation...but charlest knows...lol

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2020-06-09 17:39 | Report Abuse

coconut...managment already say QTR 4 n beyond is explosive earning...cannot be below 70 million... the least i can giv u is 140 million...cannot discount anymore...cheapest price already

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2020-06-09 17:33 | Report Abuse

kitkat..everyone here know i got no sifu...iam my own sifu...but i got many knowlegable friends to help my calculation.

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2020-06-09 17:07 | Report Abuse

we got more complicated calculation by our sifu.but too difficult to show here. but this one is jus a simple one.

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2020-06-09 17:05 | Report Abuse

yfhew1...our conservative n simple rundown estimation coincide with your bomoh estimation !!! lol

Revenue QTR3 = 447 mil
Cost = 352 mil
Avg. ASP JAN - MAR = USD69
Avg. ASP APR - JUN = USD 107.50
Unit sold = 447/69 = 6478 unit

QTR 4 Sales = 6478 x 107.5 = 696 mill
Cost remain the same since only price increase = 352 mil
PBT = 344 mil
PAT @24% = 261 mil
eps = 20 sen

Sales n profit may b higher since ASP keep increasing.
There might b more sales due to higher qty sales.
Here we assume Qty sold is at max of capacity.
There might be other expenses we miss out.
For safety -20% to 261 mil for safety.
261 x0.8 = 208 mil

Stock

2020-06-09 17:02 | Report Abuse

eatcoconut...by next year u take current price divide by RM1 eps...u will get pe 9 ...so its ok...u follow your teacher guidance. so u shld buy now...n not when your information show pe 9 then u buy.

Stock

2020-06-09 16:57 | Report Abuse

coconut...u go n read the supermax analyst report la...give u more confidence. all those rally in other counter jus bull trap...very soon they will come bak to glove counter again .

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2020-06-09 16:54 | Report Abuse

yfhew1 ...u bomoh ah..

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2020-06-09 16:44 | Report Abuse

coconut...jus hold la...wont regret one ...u cash or margin...by qtr 4 u still can get lower than this price..i cut..

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2020-06-09 15:35 | Report Abuse

If comfort coming QTR profit can beat kossan n harta...then buy comfort.

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2020-06-09 15:30 | Report Abuse

chief is rich la...i wan buy also no money already...

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2020-06-09 15:29 | Report Abuse

chief...sure or not u still collecting? ..u no all in at 2 meh...

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2020-06-09 15:17 | Report Abuse

u know y they press down supermax...becoz they know supermax qtr 4 result will beat all the glove counter.

Stock

2020-06-09 15:13 | Report Abuse

Dun worry..Supermax QTR 4 profit expected to beat KOSSAN, HARTA and may b even TG.

Stock

2020-06-09 14:34 | Report Abuse

thank you...Kim sifu for your tp...

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2020-06-09 12:43 | Report Abuse

With QTR 3 result..Supermax is now the Highest margin glove company in the world. With QTR 4 ,supermax will still be the Higest margin Glove company in the world.

Stock

2020-06-09 12:41 | Report Abuse

if topglove is at 23 forward pe...supermax will only be lower than 23...y..becoz supermax used only march bumper profit...the margin rise from 7.8% to 15.9% ...the highest margin glove company in the world. Beating HARTA the former chapion. What do u think of the qtr 4 with 3 mths super bumper profit?

Stock

2020-06-09 12:31 | Report Abuse

https://www.klsescreener.com/v2/news/view/686389/a-more-than-100-jump-in-glovemakers-shares-can-run-further

Cameron said that “analysts are still behind the curve in updating their estimates, which is why the stocks look expensive on a headline basis.”
Most of the analysts “still underestimate how high margins could go in this environment, ” he added.
Northcape’s earnings estimate for Top Glove for the fiscal year 2021 is more than 60% above the Bloomberg consensus estimate. This puts Top Glove on a forward price-to-earnings ratio of just 23 times, Cameron said. That compares with 37 times based on estimates of analysts tracked by Bloomberg.
“There are very few companies globally which can deliver anything close, ” he said. - Bloomberg

More fund will come in to buy more glove company like supermax.

Stock

2020-06-09 09:30 | Report Abuse

they all take turn to rosak...

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2020-06-09 09:28 | Report Abuse

all cannot buy n sell early morning all miss out...

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2020-06-09 09:27 | Report Abuse

rakuten, cimb,hlb, public bank...all got problem ?

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2020-06-09 09:11 | Report Abuse

someone ask whether can buy now...take note of the following timeline.

1. TG result which expected to be good. Sentiment lifting jus like Supermax QTR 3 report.
2. Supermax will be in FTSE Bursa hijrah shariah index on 22 June. Islamic Fund will be interested to invest in Supermax , Just like TG n Harta also inside the index. Look at their market cap.

...@chief999 Superman will be listed in.. Heres the description

The FTSE Bursa Malaysia Hijrah Shariah Index is a tradable index which comprises the 30 largest companies in the FBM EMAS Index that meets the following triple screening process:
FTSE's global standards of free float, liquidity and investability.
Yasaar's international Shariah screening methodology.
Malaysian Securities Commission's Shariah Advisory Council (SAC) screening methodology.
05/06/2020 10:18 PM

3. More outbreak due to riot in US, worsening of Covid in South America, India, Africa.

4. July 15th, all QTR 4 result will be known n leaked. U will c company action or fund movment become more active. In April 15..SBB started. So July onwards, Supermax will become very active again as a prelude to Aug result.

5. Final movement to QTR4 Super result in Aug. Be prepared.

Stock

2020-06-09 09:00 | Report Abuse

Only 3 glove company in FTSE Bursa Malaysia Hijrah Shariah Index now....tg ,harta n newly supermax by 22 jun.

Shariah fund n other foreign fund will b able to invest in supermax now like they did in tg n harta. Previously they will not even look at supermax.now they will.

U wan to move in b4 or after them. I guess they might already been buying b4 22 jun.

Stock

2020-06-09 07:37 | Report Abuse

Remember...b4 22jun, there are only 2 glove company. Now there is one more little brother which hav not matured yet compare to its big brothers.what will happen?

Stock

2020-06-09 07:36 | Report Abuse

When u get into the elite club...the elite fund will pay attention to u. Shariah fund will b able to invest in supermax now like they did in tg n harta. Previously they will not even look at supermax.now they will.

Stock

2020-06-09 07:30 | Report Abuse

Chrismz...yes after 22jun.

The FTSE Bursa Malaysia Hijrah Shariah Index is a tradable index which comprises the 30 largest companies in the FBM EMAS Index that meets the following triple screening process: 
FTSE's global standards of free float, liquidity and investability. 
Yasaar's international Shariah screening methodology. 
Malaysian Securities Commission's Shariah Advisory Council (SAC) screening methodology.

Stock

2020-06-09 07:10 | Report Abuse

Only 3 glove company in ftse shariah index now....tg ,harta n newly supermax.

Stock

2020-06-09 07:08 | Report Abuse

Still far from my fair value of rm21. At least shld be 50 to 60 % of Tg n harta market cap. After qtr 4 result we shld be reaching there. It is no brainer when supermax can earn more or less same profit with the big brothers and market caps shld reflect. More fund which previously invested into tg n harta will invest into supermax after it is inside the FTSE Bursa shariah index after 22 jun, it will truly reflect its value then. We will c supermax in composite index soon after inside the shariah index.

Stock

2020-06-08 18:59 | Report Abuse

More funds will invest in Supermax after this.

Supermax will be in FTSE Bursa hijrah shariah index on 22 June. Islamic Fund will be interested to invest in Supermax , Just like TG n Harta also inside the index. Look at their market cap.

...@chief999 Superman will be listed in.. Heres the description

The FTSE Bursa Malaysia Hijrah Shariah Index is a tradable index which comprises the 30 largest companies in the FBM EMAS Index that meets the following triple screening process:
FTSE's global standards of free float, liquidity and investability.
Yasaar's international Shariah screening methodology.
Malaysian Securities Commission's Shariah Advisory Council (SAC) screening methodology.
05/06/2020 10:18 PM

Stock

2020-06-08 18:54 | Report Abuse

Our industry sources tell us that even in recent weeks, investment banks are still holding regular conference calls with institutional investors and fund managers to discuss... glove stocks as a buying opportunity.

These folks, with their billions of dollars in deployable cash, can only invest in the Big 4, because these are the only counters big enough to accumulate in size, and big enough to make their money work for them.

https://klse.i3investor.com/blogs/pelhambluefund/2020-06-08-story-h1508671659-Here_are_the_glove_stocks_that_are_STILL_undervalued_A_deep_dive_sector.jsp

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2020-06-08 17:00 | Report Abuse

@cjp74132rn ...yes, agree with you. The 68888000 is really a "treasure" share. Wats better to invest then their own company when it is so severly discounted. Invest RM1 get bak RM5-10.

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2020-06-08 16:05 | Report Abuse

they might not distribute one shot...may b over 2-3 qtr to attract investor to stay on.

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2020-06-08 16:03 | Report Abuse

joyvest...usually they will distribute as share dividend. Becoz major shareholder might not want to dilute their holding. But if they manage to find a good buyer n realise major profit, its still a major positve for the company. If u worry they will dispose in open market. I think the possibilty is very slim.