ONLY jaks-OR entitle free warrant

maximum unit to full subscription

bought maximum jaks-OR at 25-27sen

Locked all profit, keep all cash

Locked all profit, keep all cash

sold all LC at 2.50

sold all supermax at 9.90

Supermax direct exposure to US and UK will build up its BRANDING premium if compared to other glove maker

Supermax build glove manufacture is on request by respective governmment, US and UK. There will have incentive granted to facilitate supermax to set up plant to direct supply essential glove which is national interest. Tax exempt or reduce tax + grant direct supply contract by government. One such contract already secure by supermax to supply beyondfit mask direct to Canada government

There will no labour issue facing + ban of import issue suffer by other glove maker

6 million gloves, worth US$1 million, translate into USD166 per 1000pc

https://wsvn.com/news/local/broward/nearly-1m-in-medical-gloves-stolen-from-coral-springs-warehouse/

more than 1 billion net profit per Q, EPS = 40sen, Annualize EPS RM 1.6, super undemanding PE < 6x

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

today is DDDDDDDDD-day for Q result

Supermax current Nitrile glove production is about 72% of its total capacity. Nitrite glove fetch much higher ASP hike than latex or vinyl due to western demand preference.

Supermax in coming Q may present even higher percentage allocation for nitrite glove as all its production lines are interchangeable, where we will be able to adjust the production quantity of our natural rubber gloves and nitrile gloves based on the market demand

resume uptrend ahead of excellent Q result

Hope to breakout RM 9.80, and stand above these EMA 20 to pave way for next uptrend

LCtitan cup and handle chart remain intact with today recover,

With today recover, follow by tomorrow is D-day, supermax will challenge previous record high level

Q1 result leakkkkkkkkkkkkkkk

hahahahha, Green now

Q1 result leaked, marked up soon

Lets turn back to green

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.

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

Final correction is over.

Biggest loss today, will pave way for biggest gain next once Q1 result release tomorrow + share dividend 1 for 45 to be declared

add more supermax at 8.78-8.79 to average down cost

cut bp at 47.5sen

cut cypark at 85-85.5sen

Recovering back

Await arbitrary gap to be capitalize on jaks-OR once listed next week

bought back LC at 2.24-2.25

to buyback its jaks-OR next week

sold back jaks at 90.5-92sen

Last day of trading cum right.

tomorrow is LAST day for jaks to trader cum right.

add all margin line to supermax at 9.58

bought back all supermax at 9.62

bought back Boustead plantation at 48sen

sold back again at 2.50-2.51

bought again LC at 2.47-2.48

sold back again at 2.51

bought back all LC at 2.47

cut LC at 2.50-2.52

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.

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

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

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

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)

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