Somemore can get 10 to 20% deposit until next yr. Meaning lock in profit 10 to 20%.
Cash flow put in bank can go settle loan or offset it.can save millions of interest for supermax.
Somemore this yr becoz of lockdown,greatly boost contact lens biz. Now sure can contribute to profit instead of pulling down.

eventually all big fund will park at big 4.

i3lurker...wat burnt like toast?

If comfort so good so cheap, y swtich to supermax?

Becoz of OBM advantage , supermax increase 100% price to make up for reduce production during MCO. This other glvoe company cannot do becoz they do not involve major part of their biz in retailing to public.
Their increase in asp is much lower than supermax.

Manufactuer C (cost 90sen) sells at rm1 x1.1 (increase 10% asp) =earn 20 sen .

Manufactuer S (cost at 90sen) sells at rm1 to ownn brand distributor which at the end sells at rm2 = earn rm1.10

S earn rm1.10 each glove
C earn rm20 sen each glove

Of course of own distributor also incurr cost but definely earning st ill higher than 20 sen.

Which is better?

becoz he underestimated supermax OBM advantage, that s why he dispose at 2.70 to switch to supermax.

Manufactuer C (cost 90sen) sells at rm1 x1.1 (increase 10% asp) =earn 20 sen .

Manufactuer S (cost at 90sen) sells at rm1 to ownn brand distributor which at the end sells at rm2 = earn rm1.10

S earn rm1.10 each glove
C earn rm20 sen each glove

Of course of own distributor also incurr cost but definely earning st ill higher than 20 sen.

Which is better?

Manufactuer C (cost 90sen) sells at rm1 x1.1 (increase 10% asp) =earn 20 sen .

Manufactuer S (cost at 90sen) sells at rm1 to ownn brand distributor which at the end sells at rm2 = earn rm1.10

S earn rm1.10 each glove
C earn rm20 sen each glove

Which is better?

Supermax earn huge margin from manufacturer level up to retailer..comfort cannot win one...comfort only can increase price on manufactuer level . SUpermax can increase price on retailer level which is a lot more. thats why comfortdrop from 2.70 to 2.00 then he switch to buy supermax that day.

The above chart shows Supermax’s earning for each quarter for the last 4 quarters totalling 6.84 EPS. Current price divided by EPS is Rm 3.97 divided 6.84 = 58 P/E.

uncle kyy make big mistake again = 3.97/7.99=49.7 (2.31+1.89+1.15+2.64)

PE is 49.7 , pls someone tell him its very embarrasiing.

The above chart shows Supermax’s earning for each quarter for the last 4 quarters totalling 6.84 EPS. Current price divided by EPS is Rm 3.97 divided 6.84 = 58 P/E.

uncle kyy make big mistake again = 3.97/7.99=49.7 (2.31+1.89+1.15+2.64)

PE is 49.7 , pls someone tell him its very embarrasiing.

i already say long ago kyy buy supermax. comfort n rubberex proxy to low liner, supermax proxy to big 4.

productio of vaccine for whole world will take months already. Dun say develop.And did u know t it takes 1-2 yrs to make the factory for the vaccine.even refitting existing will not take shorter than 6 mths. and And u cannot possible refit all existing factory becoz other vaccine still need to produce as well. where got so easy to hav vaccine.

when 70% counter in bursa is making loss ..they will only flow to profit making company...the 30% will absorb the fund ..until their pe is very high...pe 30 will b a norm for thesecompany at least for the medium term.

more n more investor will unwind their loss making company share nmove into glove n healthcare.
Thats why i say top 10 index stock will hav big 4 inside becoz money flows in from other loss making sector stocks.If not where got so much fund supporting a rm20 supermax.

全世界新病例每天不断增加，目前已有30多万人死亡，研究人员正争先恐后地开发疫苗。根据世界卫生组织的数据，三家美国公司已经在对人类进行疫苗测试。
钟南山表示，三种中国研发的疫苗正在中国进行临床试验，但是要达到“完美”的解决方案可能还需要“数年”的路程。
他说：“我们必须使用不同种类的疫苗，进行一次又一次的测试，现在断定哪种疫苗可用于解决2019冠状病毒还为时过早。这就是为什么我建议最终获得批准的疫苗，将要等更长的时间。“

Dr Zhong says need few years for the perfect solution for vaccine. Glove bull will not stop.
If Dr Zhong says so, u must stand up n listen.

I invested in jaks...but after seeing so much argument ,my six sense tell me something is wrong so i took profit some time ago.still earn a bit...lol...will revisit jaks when i start seeing one sound here.

知见立知 即无明本 知见无见 斯即涅槃
知见立， 知， 即无明本 知见无 ，见 ，斯即涅槃
The problem with jaks is too many argument....lol...jaks will fly when there is only 1 sound.

OTB sifu is still prudent la...7.50 is still cheap...lol

OTB sifu is correct big 4 supermax is the best one la...i calculated all big 4 and choose to all in supermax.in fact the lowest margin one will appreciate more in this round of glove one. That y rubberex comfort n careplus appreciate even higher. Until now supermax still outrun in appreciation compare to other 3. Becoz of obm price advantage, during mco lock down ,supermax is the least affected becoz they use obm price advantage to win bak with the lower production. When production normalised ,they capitalised even more on higher price jack up during april to jun.

If speculative price will be 1.50 now....

the bankers want ppl to buy at 5 n above..not at 3...they so kind to let ppl buy at 3...

i think no insider n bankers will sell, only ikan bilis.

i really wsh they can sell to 3.10 again..frankly speaking.

Pe 10 du wan buy ...wan to wait pe 20 n 30 then buy.

Mtag is so cheap now...pe 10 only....cash rich..stable business...health n glove related. Distributor price for ppe n glove also rise...not only manufacturer rise..so if glove counter can earn 3 x to 5x...sure mtage sell ppe also can earn a lot.

Jus buy la next wk all gloven health related hot hot again...

Seen the advert too,now in us more user becoz of lockdown ,many turn to buying online.and when they tried it,they will most likely hook on.n will continue subscription.

Second wave outbreak starts from carrier with no symtoms. China hav no idea how many r there.

https://www.sinchew.com.my/content/content_2273144.html
https://www.zaobao.com.sg/realtime/china/story20200517-1053960

Braced for 2nd wave in china

It already corrected when it drop to 3.10 on wednesday. Now is consolidation.monday will fly up after ppl confirm asp price increase percentage from cimb report.u can wait for next correction from 5 to 6 to buy.

The current qtr 3 on wednesday is expected 100 to 150 million (3 to 5 x profit)

Glove price from 1 to 2, profit 1.1 from 0.1 = 1100%, 

normal qtr profit is 30 million ×1100% = 
qtr 4 330million , 
qtr 1. 500 million 
qtr 2, 500 million 
Total for next 3 qtr =1.33 billion.EPS RM1. 

PE 20 = RM20.00 
Nta 1.86 
Average sbb price 2.01

Ppl c from 1 to 4 already keep saying over valued la...wait til they c 1to 6, qto 8, 1 to 10,1 to 12,1 to 15..1 to 20.lol

So this qtr x 3 profit ,then next qtr mayb will x 10 profit already.

We gather that Supermax (SUCB) is taking a more aggressive stance in raising its 
average selling prices (ASPs) from Jun-2020 onwards (rise of 10-15% monthly). Note 
that this is post raising its ASPs by at least 25-30% mom in Apr-2020 (vs. 5-10% by its 
peers during the same period) on the back of the favourable supply-demand dynamics in 
the glove sector (due to impact of Covid-19

From apri to jun already raised by 90%.jun on wards add 15% per month...by sep already 150%.and take note they r earning from manufacturer up to retailer level...lol..

If 1 billion profit pe 25 tp 20....only need 250 million profit per qtr.not too difficult with current increase of price of more than 100% for supermax.so far i know only supermax price increase by 100%.in asp until jun according to cimb report because of obm. For the other big 4 i think not so much.

Tp 12 la minimum....can go to 20 if 1 billion profit for the year.

i beleive all glove company collect deposit 10-20% now for their preorder.Meaning lock in profit for 1 year. Even cancel order. Still earn 10-20%. Vaccine will not be around for another 9 mths, meaning 9 +10 = 19 mths of honeymoon @lock in profit.

may b on top 5 temporary...lol

top 5 index stock will be the big 4 in future...

i forsee comfort n rubberex will become supermax price, supermax will become top glove price...topglove will become dunno wat price.

150% is not a lot la...supermax already icrease 90% from apri to jun. after jun gonna increse 15-20 mom...meaning another 50% from the 190% = 300% from original price. Now different glove company price increase factor not the same. but no longer 15% after jun.May be jan -march got 15%.

increase 50% price is not equal to 50% profit only. with 10% profit margin, 50% increase in price is = 500% increase in profit.so dun look down on 50% ..5% also big deal toglove company becoz margin is thin for them.

if not becoz of mco there will be another new line in jun ready. now i hope may b they can get it run in august.

u say 250 million achieveable? yes...by then new production lines will be ready.

my guess is run up to rm7-8 split on next qtr annouce...then after split to 3.50 run up to rm6 b4 the next bumper qtr 250 million profit.

kim is refering to increase tp la..not increase share holding...lol...

monday open no more 3.97 already.

pang72 now even cimb beats your tp 4.50 already...lol