Followers
77
Following
4
Blog Posts
0
Threads
20,342
Blogs
Threads
Portfolio
Follower
Following
2020-10-26 16:15 | Report Abuse
Q1 result leaked, marked up soon
2020-10-26 12:26 | Report Abuse
Expect to record more than RM 1 billion, EPS 38sen, annualized RM 1.50, PE valuation 5.9x.
Supermax will be the FIRST glove stock trading at significantly below fair RE 10x, a significant undemanding valuation among all top 4 glove stock (topglove, harta, kossan, supermax) + top small glove stock (comfrot, rubberbrex, riverstone, careplus)
Final Dividend: 1 for 45
Interim dividend: !? (special dividend ?)
Supermax dividend policy is 20% PAT + Special Dividend for any extraordinary Profits.
2020-10-26 11:47 | Report Abuse
Correction is over, time to recover ahead of Q result which will reflect the significant positive real impact on margin spread between feed-cost vs. end profit price
2020-10-26 11:44 | Report Abuse
Final correction is over.
2020-10-26 11:03 | Report Abuse
Biggest loss today, will pave way for biggest gain next once Q1 result release tomorrow + share dividend 1 for 45 to be declared
2020-10-26 11:00 | Report Abuse
add more supermax at 8.78-8.79 to average down cost
2020-10-26 10:26 | Report Abuse
Recovering back
2020-10-23 15:22 | Report Abuse
Await arbitrary gap to be capitalize on jaks-OR once listed next week
2020-10-23 11:37 | Report Abuse
bought back LC at 2.24-2.25
2020-10-23 11:36 | Report Abuse
to buyback its jaks-OR next week
2020-10-22 14:52 | Report Abuse
tomorrow is LAST day for jaks to trader cum right.
2020-10-22 14:42 | Report Abuse
add all margin line to supermax at 9.58
2020-10-22 14:30 | Report Abuse
bought back all supermax at 9.62
2020-10-21 16:24 | Report Abuse
bought back Boustead plantation at 48sen
2020-10-21 16:00 | Report Abuse
sold back again at 2.50-2.51
2020-10-21 15:19 | Report Abuse
bought again LC at 2.47-2.48
2020-10-21 12:15 | Report Abuse
sold back again at 2.51
2020-10-21 11:51 | Report Abuse
bought back all LC at 2.47
2020-10-21 11:12 | Report Abuse
cut LC at 2.50-2.52
2020-10-21 10:17 | Report Abuse
Surprisingly, exiting jaks-WB remain strong!? even no entitle to any right + free warrant.....Jaks share price will adjusted to around current jaks-WB level next week, a strange scenario for jaks-wb price closed to underlying share price jaks next week.
Remark: Jaks-WB exiting excise pries 64sen will adjusted lower after right issue + potentital some additional free jaks-WB to compensate warrant holder according to sifu DK.
But, jaks-wb warrant holder still benefited if jaks share price recover back to RM 1.15 after right issuance, just that current jaks cum right + free warrant benefit the MOST.
2020-10-21 09:48 | Report Abuse
hahahha, now many people awaken these gem, jaks, as the worse impact on worry on right dilution have fully absorbed on the fact that
before right share
1. power plant net profit RM 200m will EPS = 30sen
2. share price trading before right is around RM 1.20
3. PE 10x will give target price RM 3.00, upside potential 150%
after right share
1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price trading now around 5 share x 87sen, cum 8 right x 22sen = 47sen
3. PE 10x will give target price RM 1.15, upside potential 145%
Therefore, in conclusion, shareholder are enjoying similar potential gain upside before and after right by peg to same power plant earning, and same valuation PE 10x,
Based on fair value for jaks on enlarge share volume after right share and commencement of power Co's by these month, net profit RM 200m, EPS forward earning 11.5sen for next 25year, the target price is RM 1.15 and each free warrant with exercise price 49sen will have fair value in money at least 65sen worth if peg just 0 premium with 5 year lifespan
2020-10-21 09:31 | Report Abuse
Jaks currebtly trade cum right + free warrant, will ex-entitlement in friday. Next week, jaks price will adjusted according to around 52-55 sen depending on last trading price in Friday. Shareholder exititng 5 stock will entitlement 8 jskd-OR x subscribe right 22sen each, average down your cost to around 13 x 48sen + 4 x free warrant
2020-10-20 18:49 | Report Abuse
Now is courting down time, anytime now within these month oct if achieved early or by early next month. Nov} for power plant to officially announce commencement commercial operation
2020-10-20 18:45 | Report Abuse
your right subscription cost 22 sen will be easily cover back by free warrant worth 65sen ( based on ratio cover 8 right 22sen entitle 4 free warrant worth 65sen after listing)
2020-10-20 17:28 | Report Abuse
Based on fair value for jaks on enlarge share volume after right share and commencement of power Co's by these month, net profit RM 200m, EPS forward earning 11.5sen for next 25year, the target price is RM 1.15 and each free warrant with exercise price 49sen will have fair value in money at least 65sen worth if peg just 0 premium with 5 year lifespan
2020-10-20 14:48 | Report Abuse
Jaks upside >>>>> exiting jaks-WB
2020-10-20 14:46 | Report Abuse
Please take note only jaks is entitle to right + free warrant (exercise price only 49sen), exiting jaks-WB is NOT entitle at all. However, existing Jaks-WB exercise price will adjust lower than current 64sen.
2020-10-20 11:10 | Report Abuse
add more LC at 2.61
2020-10-20 10:03 | Report Abuse
bought back LCtitan at 2.64
2020-10-19 17:22 | Report Abuse
The major key of course is power plant, RM 200m net profit, EPS 11.5sen, steady deliver every year for next 25 year will give fair valuation at least 10x, target price RM 1.15 + in money free warrant which have exercise price 49sen
2020-10-19 16:07 | Report Abuse
The reason to be optimistic is that
1. Jaks already divest its loss making property development, trim its 51% stake to nil, therefore de-consolidate and recoup back about RM 71m profit to be reflected in upcoming Q result.
2. Jaks property investment properties in Evolve mall have reach breakeven occupancy rate 81%, therefore, eliminate loss making business
3. However, Jaks newly open Star pacific mall still at infancy stage with occupancy rate 60%. But, judging from strategy location in Pj16, the rental rate should be better than evolve mall, allowing breakeven to be achieved faster.
4. The Key point now is focus on Vietnam to be commecial operation by these month. Oct. and unit 2 in early next year. Revenue RM 2.6 billion pa, net profit margin 25%, tax free, will give jaks share of profit RM 200m net
5. All court, jaks is now trading at forward 4x PE valuation based on enlarge share after right
2020-10-19 15:55 | Report Abuse
total average for 2 day accumulation cost around 87sen, will full subscribe right later at 22sen, further average cost down to 47sen + entitle full free warrant.
Based on full enlarge after right
1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price average cost 47sen, PE trade at 4x
3. Fair PE 10x will give target price RM 1.15, upside potential 145%
4. Free warrant will give extra profit with fair trading premium 30% once listed
2020-10-19 15:49 | Report Abuse
Accumulated last at 86.5sen completed
2020-10-19 11:11 | Report Abuse
sold back supermax at 10.72-10.74
2020-10-18 20:20 | Report Abuse
The ranking of benefit cost among 4 type of shareholder
1. New comer intend to buy jaks at 87sen now + full subscribe right at 22sen + free warrant
2. shareholder bought before right announcement at cost RM 1.20 + intend to buy more at 87sen to average down cost + full subscribe right 22 sen + free warrant
3. shareholder bought before right announcement at cost RM 1.20, subscribe on right + free warrant
4. shareholder bought before right announcement at cost RM 1.20, opt to sell part of the holding at 87sen to subscribe right + free warrant
2020-10-18 20:00 | Report Abuse
before right share
1. power plant net profit RM 200m will EPS = 30sen
2. share price trading before right is around RM 1.20
3. PE 10x will give target price RM 3.00, upside potential 150%
after right share
1. power plant net profit RM 200m will give EPS = 11.5sen
2. share price trading now around 5 share x 87sen, cum 8 right x 22sen = 47sen
3. PE 10x will give target price RM 1.15, upside potential 145%
Therefore, in conclusion, shareholder are enjoying similar potential gain upside before and after right by peg to same power plant earning, and same valuation PE 10x,
Remark: shareholder now is even can enjoy much higher profit if take into account 4 free warrant after right.
2020-10-16 16:41 | Report Abuse
bought back all supermax at 10.46
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-10-26 16:20 | Report Abuse
Q1 result leakkkkkkkkkkkkkkk