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2020-11-04 19:53 | Report Abuse
One year later if they’re ok then I’ll consider again.
2020-11-04 19:52 | Report Abuse
Unless Xi Jing Ping, the vaccine CEO and their families take the vaccine “Live” on TV, on the then I’ll consider
2020-11-04 19:48 | Report Abuse
Effective vaccine took 7 – 10 years to develop and often never found.
Who is responsible? Who’s liable if anything goes wrong with the shortcut ineffective “vaccine”??
The patients suffer harmful lifelong side effects can sue who?? those pharma counters??
Government?? The China or foreign vaccine companies??
How much you compensate also no use because the damage is already done!
2020-11-04 19:44 | Report Abuse
50% - 60% effective vaccine?? My own antibodies is stronger than that
2020-11-04 19:42 | Report Abuse
Not a single cent of profit from re-bottling vaccine don’t know until when yet those gamblers speculators goreng up pharma counters again and again
2020-11-04 19:41 | Report Abuse
There is no vaccine company in Malaysia. Period.
2020-11-04 19:38 | Report Abuse
All the empty “vaccine” talks are “Once available”, “If”, “expected”, “Hopefully”
2020-11-04 19:36 | Report Abuse
There is no Effective and Safe vaccine approved by WHO yet. Period.
2020-11-04 19:34 | Report Abuse
Since you have So much concerns So negative about Supermax
Then WHY YOU ARE STILL HERE??
Already Sold just go away Get Lost
2020-11-04 16:40 | Report Abuse
Supermax - with the best performing NP Margin
Author: lkpiew | Publish date: Wed, 28 Oct 2020, 12:26 PM
https://klse.i3investor.com/blogs/lkp/2020-10-28-story-h1535451879-Supermax_with_the_best_performing_NP_Margin.jsp
There are many financial indicators to take note of, one of it, i call it viagra indicator is the NP Margin and its GROWTH % (work it out yourself), if you take a closer look of the big 4, last 4 qtr NP Margin in %; there are 101 explainations on this, all the i3 pro can explain their side of the story, but we are here to make money, for ladies, if you are in a beauty saloon, you need to know how a beautician can transform you into a one night beauty queen, for a man (with energy) in a night club, you need some good alcohol and a nice blonde to make you a one night Superman....Voila
Supermax 7.79% > 16.18% > 43.94% > 60.07% ==== >> average 4 qtr is 41%
Topglove 9.24% > 9.43% > 20.73% > 42.65% ===> average 4 qtr 26%
Hartalega 14.69% > 15.27% > 14.87% > 24.03% => average 4 qtr 17%
Kossan 9.44% > 10.65% > 10.67% > 18.86% ==> average 4 qtr 13%
You can command the biggest market shares, the highest volume, the best ASP, the longest waiting list orders, but if you cannot control the cost / overheads, it is not going to turn those into profit (and hard cash). make your calculation, get your target PE, target price, stick to your objective, There are the popular 4 big 4 small gloves counters, you can't have them all at the same time, how much can you eat / drink in a buffett party ? to fill up your stomach, takes only 10 minutes,
A am a man, so, what to hurry? enjoy your wine, hold on to the blonde in your arm, call a cab before music stop and light switch on.
Happy making money !!!
2020-11-04 16:23 | Report Abuse
whatever TA support or resistance levels syndicates sharks also can fake can lower/higher to trap you to trick you
Trust only PROFIT, you can’t fake it
Trust only Real Profit = Money
TRUST only Billion of Ringgit made by Supermax
KUALA LUMPUR, MALAYSIA – 27th OCTOBER 2020 - Supermax Corporation Berhad (“Supermax” or the “Group”) has today released its first quarter results for financial year ending 30 June 2021 (“1Q2021”), achieving another quarter of record profits amid higher average selling prices and continuous robust demand.
For 1Q2021, revenue surged to RM1.35 billion, increasing by 265.6% as compared to the corresponding quarter a year ago. Profit Before tax (“PBT”) increased by 3,134.2% to RM1.049 billion and Profit after tax (“PAT”) soared by 3,155.1% to RM812.49 million. With this stellar performance, the Group achieved superior EBITDA, PBT and PAT margins of 78.8%, 77.6% and 60.1%, respectively, in 1Q2021. The Group’s revenue and PAT for this quarter grew by 45.6% and 99.0%, respectively, as compared to the preceding quarter being 4Q2020.
Supermax’s already sound financial position has strengthened dramatically, most notably to a net cash position with cash & bank balances amounting to RM2.36 billion as of 30 September 2020. This is mainly due to high collections from increased sales where customers pay between 30% to 50% deposits in advance to secure supply.
2020-11-04 16:22 | Report Abuse
Whatever the Nonsenses Craps Regardless how much Noises Lies
Super strong fundamentals of Supermax will prevail
2020-11-03 18:54 | Report Abuse
As always, most retail investors will not buy now when Supermax is now Dirty Cheap at conservatively PE = 15
(This is Backward valuation based on the Net Profit Supermax ALREADY made, we are not even asking for Forward PE ok??)
As usual, they will panic buy when Supermax is already RM 15
2020-11-03 17:33 | Report Abuse
Target price of RM13.20 is way too low
These “analysts” are obviously valuing Supemax backward
but they are valuing Harta, Topglov and Kossan Forward PE
so Biased, very Double Standard, extremely Unfair
2020-11-03 17:33 | Report Abuse
TheEdge Tue, Nov 03, 2020 04:35pm - 53 minutes ago
https://www.theedgemarkets.com/article/cgscimb-reiterates-add-call-target-price-supermax
KUALA LUMPUR (Nov 3): CGS-CIMB Research has reiterated its "add" call on Supermax Corp Bhd, as the company expects global glove demand to stay robust for at least the next 12 months while average selling prices (ASPs) remain on a positive uptrend.
The glove maker is receiving more large volume orders, especially from government agencies, as well as higher demand from non-medical markets, such as the food and beverage and airline, in tandem with higher healthcare awareness due to Covid-19, the research house said in a note today.
"We expect nitrile butadiene (NBR) prices to continue on the uptrend (estimated 50%-60% rise year-to-date) due to insufficient market supply.
"Yet, Supermax does not expect any impact on its profitability as ASP hikes will be more than sufficient to offset the higher NBR costs," it said.
In the upcoming quarters, Supermax expects sales of natural rubber (NR) gloves to increase, as more customers are willing to switch to NR gloves due to cheaper pricing (30%-40% discount to NBR gloves) and shorter lead time.
"Hence, we keep our 'add' call with a target price of RM13.20, as we expect ASPs to peak in 2021 forecast.
"Nevertheless, we continue to like Supermax for its stronger earnings prospects on solid global glove demand, and proven own brand manufacturing business model, which garners better margins versus its peers," it added.
For the financial year ended June 30, 2020, Supermax recorded its best-ever annual financial performance with record-high sales revenue of RM2.13 billion and profit before tax of RM680.2 million.
At lunch break, Supermax's share price increased eight sen or 0.9% to RM8.99.
2020-11-03 16:24 | Report Abuse
What’s the possible benefit for those trolls naysayers liars sourgrapes psychopath rats cockroaches spread fears scare you to sell?
1. They want to buy, buyback or buy more SUPERMX shares from you. OTHERWISE, THEY’LL NOT BE HERE.
2. No benefit to them at all.
They are psychopath just mentally ill sick people. They keep asking people to sell here and there. They never buy share and will not buy any share. They are always losers. They are forever pathetic.
3. They want you to sell and move to their counters they have no confidence at all that they come here barking. WHY? Because there’s no other stock better than SUPERMX has reported Huge Profit PAT RM 812 Million (RM 812,485,000!!!!!!!!!) Amazing PBT Margin 77.6%!!! Prepayment received from customers 1.161 Billion PROFIT VISIBILITY!!! The Highest EPS 30.58 sen OBM-X Glove Maker!!!
4. They are the Pok Gai rats and cockroaches cyber warriors aka Net Army hired by crook evil IBs to spread fears scare you to manipulate the sickest stock market in the world Bursa.
2020-11-03 16:17 | Report Abuse
Supermax is ALREADY making ≥ Profit After Tax RM 10 – 15 Million EVERYDAY while you’re trolling
Supermax is ALREADY earning ≥ PAT Half a Million ringgit EVERY HOUR while you’re trolling
2020-11-03 16:16 | Report Abuse
Each rubbish word you type EVERY MINUTE you are trolling, Supermax is ALREADY making ≥ RM 8K to 10K for loyal shareholders
2020-11-03 10:53 | Report Abuse
One thousand levels higher superior than those low class lousy “analysts” garbage articles
2020-11-03 09:27 | Report Abuse
today tomorrow up or down will not change the fact Supermax is ALREADY making ≥ RM 10 – 15 Million EVERYDAY while you’re trolling while you’re breathing while you’re sleeping
2020-11-03 09:27 | Report Abuse
whatever TA support or resistance levels syndicates sharks also can fake can lower/higher to trap you to trick you
Trust only PROFIT, you can’t fake it
Trust only Real Profit = Money
TRUST only Billion of Ringgit made by Supermax
KUALA LUMPUR, MALAYSIA – 27th OCTOBER 2020 - Supermax Corporation Berhad (“Supermax” or the “Group”) has today released its first quarter results for financial year ending 30 June 2021 (“1Q2021”), achieving another quarter of record profits amid higher average selling prices and continuous robust demand.
For 1Q2021, revenue surged to RM1.35 billion, increasing by 265.6% as compared to the corresponding quarter a year ago. Profit Before tax (“PBT”) increased by 3,134.2% to RM1.049 billion and Profit after tax (“PAT”) soared by 3,155.1% to RM812.49 million. With this stellar performance, the Group achieved superior EBITDA, PBT and PAT margins of 78.8%, 77.6% and 60.1%, respectively, in 1Q2021. The Group’s revenue and PAT for this quarter grew by 45.6% and 99.0%, respectively, as compared to the preceding quarter being 4Q2020.
Supermax’s already sound financial position has strengthened dramatically, most notably to a net cash position with cash & bank balances amounting to RM2.36 billion as of 30 September 2020. This is mainly due to high collections from increased sales where customers pay between 30% to 50% deposits in advance to secure supply.
2020-11-03 09:27 | Report Abuse
Whatever the Nonsenses Craps Regardless how much Noises Lies
Super strong fundamentals of Supermax will prevail
2020-11-02 21:20 | Report Abuse
You think glove Spot Order fully sold out until year end USD 250 per carton is expensive for USA?
It’s only USD 250 / 1,000 pieces = USD 0.25 per piece Dirty Cheap to them
Americans can just print more US dollar to pay you, how much more you want also OK no problem
Don’t be naive those trillions budget stimulus package dispute argument on off on off between their two parties,
all wayang only, show only
deep down in the heart of their politicians they know their Fed can just print as much more money as they like
how many rounds of QE you want also can, no problem at all
2020-11-02 21:19 | Report Abuse
Any windfall tax come just add to the ASP and pass on to customers end consumers lo, simple.
2020-11-02 21:15 | Report Abuse
RHB: Low risk of windfall tax on rubber glove sector
https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector
KUALA LUMPUR, (Oct 19): RHB Investment Bank Bhd said there is a very low risk of the government imposing a windfall tax on the rubber glove sector.
In a note today, RHB said up to mid-October, there have been no consultations between the authorities and industry representatives to discuss the implementation of such a tax.
Furthermore, unlike a commodity like crude palm oil — where prices are publicly available as the product is generic — there is no standard average selling price (ASP) for gloves, as they come in different types and specifications.
“For example, gloves can be made from nitrile butadiene or natural latex, each with their own cost structures.
“Additionally, clients from different industries — e.g. healthcare, pharmaceutical, food, and semiconductors — will also require different glove specifications with a wide range of ASPs,” it said.
RHB said the rubber glove industry has been paying corporate taxes and foreign worker levies to the government.
“In line with the higher profits within this sector, we estimate that the tax paid to the government should be at least triple the amount paid during pre-Covid-19 times.
“Lastly, imposing a windfall tax may be counter-productive, as it could encourage local glove makers to adjust their future expansion plans overseas to countries like Thailand and China,” it said.
2020-11-02 21:09 | Report Abuse
today tomorrow up or down will not change the fact Supermax is ALREADY making ≥ RM 10 – 15 Million EVERYDAY while you’re trolling while you’re breathing while you’re sleeping
2020-11-02 21:09 | Report Abuse
whatever TA support or resistance levels syndicates sharks also can fake can lower/higher to trap you to trick you
Trust only PROFIT, you can’t fake it
Trust only Real Profit = Money
TRUST only Billion of Ringgit made by Supermax
KUALA LUMPUR, MALAYSIA – 27th OCTOBER 2020 - Supermax Corporation Berhad (“Supermax” or the “Group”) has today released its first quarter results for financial year ending 30 June 2021 (“1Q2021”), achieving another quarter of record profits amid higher average selling prices and continuous robust demand.
For 1Q2021, revenue surged to RM1.35 billion, increasing by 265.6% as compared to the corresponding quarter a year ago. Profit Before tax (“PBT”) increased by 3,134.2% to RM1.049 billion and Profit after tax (“PAT”) soared by 3,155.1% to RM812.49 million. With this stellar performance, the Group achieved superior EBITDA, PBT and PAT margins of 78.8%, 77.6% and 60.1%, respectively, in 1Q2021. The Group’s revenue and PAT for this quarter grew by 45.6% and 99.0%, respectively, as compared to the preceding quarter being 4Q2020.
Supermax’s already sound financial position has strengthened dramatically, most notably to a net cash position with cash & bank balances amounting to RM2.36 billion as of 30 September 2020. This is mainly due to high collections from increased sales where customers pay between 30% to 50% deposits in advance to secure supply.
2020-11-02 21:08 | Report Abuse
Whatever the Nonsenses Craps Regardless how much Noises Lies
Super strong fundamentals of Supermax will prevail
2020-11-01 20:41 | Report Abuse
even Uncle also know how to appreciate Supermax, much better than those low class lousy “analysts”
Supermax: my revised target price - Koon Yew Yin
Publish date: Wed, 28 Oct 2020, 9:04 AM
https://klse.i3investor.com/blogs/koonyewyinblog/2020-10-28-story-h1535506589-Supermax_my_revised_target_price_Koon_Yew_Yin.jsp
In view of its latest announcement I need to revise my target price.
Total EPS Rm 1.736 for the year. Based on P/E 15, my target price is Rm 26.00.
I believe my target price of Rm 26 is achievable because my assumption of its 25% increase in quarterly profit is quite conservative.
2020-11-01 20:15 | Report Abuse
COVID-19 virus DOES NOT CARE who’s the Current/Next/Newest PM of Malaysia
COVID-19 virus DOES NOT CARE who’s the Malaysia government, PN or PH or PX or Whatever
COVID-19 virus DOES NOT CARE the Current/Next/Newest Malaysia government is stable or not
COVID-19 virus DOES NOT CARE Emergency or not
COVID-19 virus DOES NOT CARE Budget 2021 will be passed or not
COVID-19 virus DOES NOT CARE cut OPR again or not
COVID-19 virus DOES NOT CARE who’s the Current President of the United States of America
COVID-19 virus DOES NOT CARE who’s the New President of the United States of America
COVID-19 virus DOES NOT CARE if the Presidential Election is inconclusive that there’s no USA President for many months after 3 November because the Democrats and GOP keep disputing each other
OMG! SO SCARY!!!
already over 46 Million cases!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It's not even WINTER Flu season yet!!!!!!!!!!
It's going to be a very DARK Winter this year
https://www.worldometers.info/coronavirus/#countries
Coronavirus Cases:
46,493,639
Deaths:
1,201,905
2020-11-01 19:43 | Report Abuse
If Trump wins, he’ll announce this good news as he brings more jobs to the Americans, Make America Great again
Supermax:
i) Allocation of US$300 million in Glove Manufacturing in USA for Phase #1 &
US$250 million for Phase #2.
2020-11-01 19:42 | Report Abuse
If Biden wins, he’ll announce this good news as his quick win as the New President of USA, part of his Covid-19 fight plan
Supermax:
i) Allocation of US$300 million in Glove Manufacturing in USA for Phase #1 &
US$250 million for Phase #2.
2020-11-01 19:41 | Report Abuse
global shortfall of more than 200 billion
2020-11-01 19:41 | Report Abuse
global shortfall of more than 200 billion
2020-11-01 19:41 | Report Abuse
global shortfall of more than 200 billion
2020-11-01 19:40 | Report Abuse
We are really in a dilemma, headache
If Trump is down, we lost the greatest leader in history who always says COVID-19 virus will auto disappear
If Trump is down, we lost the most powerful leader in history who mock wearing face mask disregard safe distancing suggest to drink inject sanitizer into your body
If Trump is down, we lost a No-One-Knows-Better-Than-Me leader who spread disinformation on Coronavirus and vaccine, driving up strong Glove demand
If Trump is down, we lost a It-Is-What-It-Is-Leader who does not care more Americans infected cases and death
If Trump is down, we lost the greatest USA President who bends FDA, CDC, State Governments, Hospitals, etc. to under reporting COVID-19 cases and death
If Biden wins, surely he’ll uncover reveal all the hidden COVID-19 cases to set the benchmark as high as possible easier for him to show improvement going forward
If Biden wins, Seasonal Flu + COVID-19 = Twindemic already hit hard, by then there’s little he could do in DARK Winter due to so much poison Ah Trump has spread to the public
Regardless, all the Big 4 Glove Makers reputable management teams with decades of experience on the ground already told you vaccine or not GLOVE demand will be very strong in the next 2-3 years due to severe shortage under supply
https://www.nbcnews.com/politics/politics-news/trump-admin-woefully-behind-stockpiling-medical-gloves-covid-19-surges-n1245298
Trump admin is 'woefully behind' in stockpiling medical gloves as Covid-19 surges
Nitrile gloves are critical for frontline medical workers, but experts say the U.S. is poorly positioned to get ahead of a global shortfall of more than 200 billion.
2020-11-01 18:57 | Report Abuse
Perhaps good to do one more 1-for-1 Bonus Issue
so that Supermax EPS will be lowered to about the same as Topglov and Harta
Share Price will be much cheaper than Topglov and Harta
to help those ignorant dumb Price investors to see clearly the comparison
and then share price climb up to catch up with Topglov and Harta to be fair
2020-11-01 18:44 | Report Abuse
from both Manufacturing and Distribution
2020-11-01 18:43 | Report Abuse
Additional Production Capacity and Increase in Average Selling Prices
2020-11-01 18:42 | Report Abuse
SUPERMAX CORPORATION BERHAD Q1’2021 RESULTS Dated 27 October 2020
ANALYST BRIEFING SLIDES Slide #4
Note:
• Q1’2021 is still not the best quarter
• The best quarter would be in the Next Few Quarters with Additional Production Capacity and Increase in Average Selling Prices from both Manufacturing and Distribution
2020-11-01 18:28 | Report Abuse
Ok ok
we already know
due to Supermax’s Unbelievable too good to be true Stellar performance
despite Supermax has
the Highest EPS Double Of Topglov & Harta,
phenomenal 60.07% Profit After Tax Margin(PBT Margin 77.6%),
Share Dividend,
super bright Growth and future prospects
Topglov PE = Damn Expensive 39
Harta PE = as Absurdly High as 62
Kossan PE = 63 also WTF
but market undervalues Supermax at Ridiculous Low PE = 19
Obviously market values the other big 3 Forward taken into consideration all the good factors
but market Double Standard, Biased against Supermax and values it backward ignored all the good factors
Ok never mind, we accept this unfair valuation for a moment
Backward 4 quarters = 30 + 71 + 400 + 790 = 1,290 Million PAT
Within the next 3 months by end of January next QR
assuming no ASP increase, no production increase, no facemask and other ppe income, no KLCI inclusion, etc.
then Backward 4 quarters = 71 + 400 + 790 + 790 = 2,050 Million PAT
2,050 Million / 1,290 Million x RM 9.47 = RM 15.04 to keep Supermax at Ridiculous Low PE = 19
even if 3 months later market is still blind, still biased, still unfair, still undervalue Supermax
2020-11-01 17:54 | Report Abuse
This month Supermax will be confirmed as KLCI index stock using data from the close of business day on Nov 23
Local Funds, Foreign Funds, ETFs, etc. have to re-balance their portfolio
Say as little as 10% from topglov + 10% from harta + (10% from outgoing and other existing index stocks?)
= 70,220 Million x 10% + 61,697 Million x 10% + (0)
= 7,022 Million + 6,170 Million + (0)
= 13,192 Million
25,764 Million + 13,192 Million = 38,956 Million
38,956 Million / 25,764 Million x RM 9.47 = RM 14.32
2020-10-30 16:50 | Report Abuse
Supermax FaceMasks Canada biz revenue Profit will start contributing in the next quarterly result!
2020-10-30 16:50 | Report Abuse
Supermax Prospects
b) Supermax in Canada:
To respond to the call by the Canadian Government to be self-sufficient in PPE supply
with Made in Canada PPEs products. Supermax Healthcare Canada Inc has started
manufacturing of FaceMasks with the incorporation of subsidiary company, Supermax
Medical Inc (SMI), and have started delivery of Masks to the Government in early
October, 2020.
Supermax Canada has also been awarded contracts from Federal and Provincial
governments in Canada to supply FaceMask and other PPEs. To date, millons of FaceMasks have been delivered to the government in Canada.
2020-10-30 16:33 | Report Abuse
Both ah Trump and ah Joe open arms wide wide big welcome Supermax
SUPERMAX the only glove company to have US and UK plant
Now do not have US customs CBP issue, future also won’t have at all
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-11-04 19:54 | Report Abuse
Very unethical to use South East Asian and SOUTH AMERICA poor countries people to do their 3rd clinical trials