Wouldn’t be surprised if another pp comes after the ri

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WTF!!! Bottomless pit, taking shareholders as ATM machine, only good for goreng once in a blue moon

wintoomuch oh ... now i know why this feller keep talking glove like shit...
look at his comments history ... he sold it on april somewhere ....
https://klse.i3investor.com/servlets/cube/post/melanie1818181818.jsp

now fishing so-hai sell to him ... but Monday i will try to sell at 5.5
08/05/2021 10:10 PM

you slowpoke so.r.hai SCAMMER, i have always told ppl i sold.
so? stocks are for trading, not to die die hold even if market dynamics/trend has changed

DON'T DIVERT ATTENTION ON YOUR FAILED SCAM ATTEMPT

Posted by melanie1818181818 > May 6, 2021 7:18 PM | Report Abuse X
nah, there is no catalyst to buy in the third time. the latest round I sold 6.1 when it failed to break the resistance at 6.3. it is very likely to test and break the support at 3.8

why need to wait? why you can't explain what you have posted? monday or not is irrelevant, no need to divert attention. just admit that you were trying to SCAM ppl with nonsense calculation

azman123 @wintoomuch
How did you get rm5.5? 100m x 4 is about 400m/year in your scenario. 400m/2.5b shares is 0.16 eps. Multiply with given x15 is rm2.4. Means supermax still can drop from rm5.0 to rm2.4?
08/05/2021 6:48 PM


wintoomuch Before covid , all gloves P/E ~15 to 4x ( harta )

SuperMan , last 4Q P/E : ~4

Imagine SuperMan profit drop 90% from 1B to 100m + all new factories kena bomb ( no new glove output ) and translated to pre covid P/E : 15 (lowest) , which is ~rm 5.5

*** remember !!! only profit drop 90% and P/E : 15 , The SuperMan worth rm 5.5.
*** now you can counting on still need how many Q then only go to 100m + all new factories kena bomb

You still talking shi--t ASP drop ??? it similar you tell yourself don't eat because it will become poo

Well, in the market there are a group of people very interestingly keep talking buy recovery counter like AirAxx.Technically , AirAxx is in bankruptcy already. ( check borrowing and cash in hand you know )

Also, another group people even more funny asking you sell glove because glove has too much cash in hand (4B for SuperMan , 200m for borrowing).
08/05/2021 6:36 PM

wintoomuch it is the same as those do not hold any supermx share hoping it down so that they can buy cheap ..
sama - sama , but monday is rocket day.
08/05/2021 9:07 PM

pls la, no fantasy OK?
YOU ARE ALSO ONE OF THE SCAMMERS. WHY NOT EXPLAIN TO @azman123 how to get RM5.5???

azman123 @wintoomuch
How did you get rm5.5? 100m x 4 is about 400m/year in your scenario. 400m/2.5b shares is 0.16 eps. Multiply with given x15 is rm2.4. Means supermax still can drop from rm5.0 to rm2.4?
08/05/2021 6:48 PM

Unbelivable right? that @Tantoro really living in own fantasy and lala land. blatantly scamming ppl here. facepalm kao kao. must be high on drugs or lost too much ad

NO ASSUMPTIONS NO FANTASIES NO CONSPIRACIES,

FOCUS ON FACTS

melanie1818181818 FACTS:
1. Covid cases are under control in major glove markets

2. ASP falling
(BIG BIG RED FLAG!!!!!!!!)

3. Big glove makers are shelving their listing plans due to market dynamics/demand
(ALSO BIG BIG RED FLAG FROM THE HORSE'S MOUTH)

4. Inventories for most makers (including overseas players) are increasing in larger percentage compared to the claimed increment in ASP
(ALSO SUPER BIG RED FLAG IF YOU CARE TO CHECK THE NUMBERS INSTEAD OF DREAMING AND ASSUMING)
08/05/2021 8:40 PM

azman123 @win_or_nothing I still don't understand how to get rm5.5. It has nothing to do with the billions of cash. The latest book value is 1.58 which is including the cash pile. Cash generation ability should be decreasing with lower asp, no? I think the calculation to get rm5.5 is nonsense. It should be as below given that scenario
How did you get rm5.5? 100m x 4 is about 400m/year in your scenario. 400m/2.5b shares is 0.16 eps. Multiply with given x15 is rm2.4.
Means supermax still can drop from rm5.0 to rm2.4?
08/05/2021 6:48 PM
08/05/2021 7:05 PM

LOL!!! you are so funny!!! i would never bother to read the numbers presented by these sor.ha.i. you still have the time to go and calculate. did your sifu tell you that most who are stucked in downtrending stocks are like drug addicts/kaki arak/judi? Lies lies and more lies like how they attempted to trick you with the rubbish calculation. These so.r.hai will try to justify their mistakes by giving all sorts of excuses, no matter how silly.

Focus on the FACTS, ignore silly assumptions. Read my comments above, wakakaka

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Protect your capital, don't be the last waterfish holding the tickets when the boss tell you "ASP fell more than expected due to lower demand and intense competition".
At that time probably it is trading at only 1-2 times book value

Other than the FACTS above, the whatever silly arguments like OBM, OEM, higher volume, mutation, vaccine needs glove la, are super stu.pid.
Don't ignore FACTS and live in your own lala land and come up with all sorts of F.U.C.KING ASSUMPTIONS AND IFS. to justify your love (or hate if you stuck at high floors).

FACTS:
1. Covid cases are under control in major glove markets

2. ASP falling
(BIG BIG RED FLAG!!!!!!!!)

3. Big glove makers are shelving their listing plans due to market dynamics/demand
(ALSO BIG BIG RED FLAG FROM THE HORSE'S MOUTH)

4. Inventories for most makers (including overseas players) are increasing in larger percentage compared to the claimed increment in ASP
(ALSO SUPER BIG RED FLAG IF YOU CARE TO CHECK THE NUMBERS INSTEAD OF DREAMING AND ASSUMING)

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Roy 8 Building a production factory in US is not viable or cost effective in long run. Take an example, Operating cost in US is comparative much higher than Malaysia. Recently, Biden sets the minimum hourly wage rate at high US$15. Currently, minimum hourly rate is US$ 7.25. The daily worker's pay is 8hours X US$7.25 = US$58 = MY240. How much is a Malaysian worker in a glove factory being paid per day?
At what selling price of glove is Supermax going to sell in US? If US is flooded with cheaper MY or China made gloves, what happens...
07/05/2021 3:29 PM

This is exactly what I pointed out earlier
Don't be too fixated on the expansion plan. A PLAN is merely a plan, need to do the talking, OK? Even if expanded as planned, can they win the fight for market share? what is the asp? what is the ROI? can it justify the massive amount needed for expansion? mind that the whole cash pile will be exhausted for this purpose. Plus, judging from the latest development, expansion could be well put on hold as well. There are so many uncertainties, is the current price justified for the new development? For big boys, uncertainties = SELL
07/05/2021 2:09 PM

Plus, don't forget local US companies can also start massive production of gloves. The entry barrier is so low. Why let a foreign company like supemax get all the government subsidies?

cheeseburger Those who said Hijau...look again where the stock is heading to.
07/05/2021 3:24 PM

No need look at the short-term movement, certainly both TA and FA are downtrend

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gLOVErs Kudos . Every seller needs a buyer . (Opps sorry bagholder) . Supermax is blessed w hard-core shareholders . TPRM12 !
07/05/2021 2:23 PM

My bad, my second round was sold at the resistance above 6.0 to some bagholder..

RHBIB7 Everyday posting hundreds of messages begging people to sell their spx shares.

What kind of i_diots are these people?
07/05/2021 2:13 PM

What kind of bongok are you to be trapped at high?
Seriously, the discussions are to prevent ppl from catching the falling knives. Don't be so sensitive and emotional, nobody is asking you to sell, keep your shares

petramaises I also don't understand. ASP can go up or down, Increase in production can only go up. If declining ASP is replaced with increasing production, isn't it good? Those who said there are new competitors coming in saturate the market. These competitors are newbie.
07/05/2021 11:24 AM

Never ever doubt ability of china enterprises. They can build a hospital/skycrapers in 10 days. And go read up on how Reliance Jio, as newbie, wrestled market share from giants like Airtel and Vodafone

FairTalk Sharemarket 21 do not worry. The company is making good use of their large sum of money to expand the productive business. The money is not just sitting ideally in the bank account. If you read the latest quarterly result the management very soon will be making the decision which site in USA they will locate their brand new plant. Will not be surprise soon they will make positive announcement. This will bring more revenue and profit to the company, Just imagine a plant inside USA the biggest and most lucrative glove market in the world !

In the meantime please look forward to receive the 13 sen dividend which has just declared.

Cheers.
07/05/2021 10:59 AM

Don't be too fixated on the expansion plan. A PLAN is merely a plan, need to do the talking, OK? Even if expanded as planned, can they win the fight for market share? what is the asp? what is the ROI? can it justify the massive amount needed for expansion? mind that the whole cash pile will be exhausted for this purpose. Plus, judging from the latest development, expansion could be well put on hold as well. There are so many uncertainties, is the current price justified for the new development? For big boys, uncertainties = SELL

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flip flop indeed. still can trust? but i can imagine supporters will come up with some silly excuses like getting the dividend etc, wakakaa

LOL really laugh die ppl to see how these die hard supporters defend the indefensible. like when you fell into the well, what you see is just a tiny fraction of the sky

No short trade la. These are falling knives.Big players have a lot of tickets at 3.8 to 4.5. Biler biler can waterfall you kao kao. Go buy something else

ToneeFa @melanie1818181818 no no no. supermax is keeping the cash for expansion which is actually a good thing if they do exactly as promised. mind that growth will come from higher sales volume at lower asp in the future. so market share will be extremely important. expansions in US and MY will cost 2.5B + 1.8B? if i remember correctly. although this expansion (including UK) will use up the entire current and future cash pile, it will be helpful for future growth
06/05/2021 7:00 PM
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Good point MoLanNehYuckFart5X, Supermax has a good plan going forward for strong post pandemic earnings. However, meanwhile the pandemic may stretch another 2 years till 2024 if Covid is a smarter virus than we all underestimated. Don't write the glove stock off so soon, although meantime the vaccines may show some form of effectiveness, but with India and surrounding countries allowing them to set up millions of experimental labs, Covid may yet mutate to become a more virulent and deadlier forms than even now. N95 quality mask could also be the next fashion necessity for our survival
06/05/2021 7:20 PM

bongok, you invested a few thousand but hope the whole world 7B people to suffer so that you can make some pocket money? skam bags like you are wasting oxygen on this earth. pigi mam.p.us la. karma will get you and your family first

yaya, no need be so black-hearted as to hope covid gets worse simply for you to make some pocket money. weekly cases worldwide is generally decreasing
https://www.worldometers.info/coronavirus/weekly-trends/#weekly_table

nah, there is no catalyst to buy in the third time. the latest round I sold 6.1 when it failed to break the resistance at 6.3. it is very likely to test and break the support at 3.8

no no no. supermax is keeping the cash for expansion which is actually a good thing if they do exactly as promised. mind that growth will come from higher sales volume at lower asp in the future. so market share will be extremely important. expansions in US and MY will cost 2.5B + 1.8B? if i remember correctly. although this expansion (including UK) will use up the entire current and future cash pile, it will be helpful for future growth

gLOVErs Mgmt is penny wise pound foolish . 50% fall takes 100% funds to climb back up . Do the math . It's 21st century, trade w technology, banker chips have jumpship!
06/05/2021 5:20 PM


it is not fair to blame the management for being honest about the supply-demand normalization. for them, it is a business strategy to discourage new investments so that hard landing could be avoided. credits should be given to them for being able to plan for the market conditions after supernormal earnings. at least, they are not blinded by the high asp and able to quickly respond to weakening demand and increasing inventory to protect their market share

Steventeh99 Run first. Come back at 4.5 tomorrow.
06/05/2021 4:36 PM

Don’t come back too soon
Come back next month, can get below rm4
Come back after 3 months, can get around rm2

rocketfly1 Can buy, now uptrend
06/05/2021 4:36 PM

Uptrend your sssss. It has been downtrending since last October. You plotted your own chart ka??

Mana eh tahan? Come here read you ppl comment is better than watching puachukang le. Really tong be tiao. Facepalm kao kao!!

Ibelieve Personally, I think Stanley played a prank on all of us, so that most of you will dump and don't even want the special dividend. That save Stanley money and trouble to issue dividend, rather he enjoy himself collecting and then the price rebound.
06/05/2021 4:22 PM

You must me a ROBOT!!! No human can think like you did. LOL!!!!

Wakakakaka!!! Really laugh till rolling on the floor

LOL really laugh die ppl
Conspiracy theories again

Harta.. pbv x10... big show ahead

Once cash generation ability of assets diminishes, pbv will drop drastically. Before pandemic is trading at pbv x1. Now pbv x5. If give pbv x2, then safe entry is around 2 after the price war and market share grab

Will test 3.8 for sure, and this support is not likely to hold

LOL... facepalm kao kao, mana eh tahan?? Hopeless right? Hahaha

pang72 The better the QR the more it's drop..

So, what is value investing?

Many will quit investing
06/05/2021 11:41 AM

You bongok, ppl value investing look forward
but you look backward and keep whining, LOL

Timercheng Control your emotions, why sell company that make Billion /yr ?
I believe this counter could be a target for take over by Fund manager JP Morgan
06/05/2021 10:51 AM

W....The F!! Can’t believe this fella. Still full of conspiracy theories. Maehai, really facepalm kao kao!! Stu.pid.ity knows no bounds

gLOVErs The 40k telegram members throw stones when ask to sell... gloves cult group... so loyal... lol
06/05/2021 9:53 AM

This is a bunch of black-hearted skam bag who everyday cheered for Covid to get worse so that they can earn some pocket money

Close flat? In your dream maybe. Long term downtrend la. If management support, can support for how many days? Lim wee chai sitting on billions of paper loss for going against the trend. But ok la, he earned so much, gave back some to support

Fklim888 if closed flat very shocking all .... if lol
06/05/2021 9:23 AM

Surely those who bought are catching falling knife. Big waterfall trade, scary. Big players are still playing dump and pump for distribution. Looks like they are also caught off guard with the reality described by management. If stuck, not likely can escape again above 5

LOL unbelievable those die hard defenders. These are the fools who will end up holding the tickets while big players sell. It should test 3.8 within a month, and slowly settle in between 1-2 times the book value. Now whopping 5 times!!

a574636 Melanie1818181818 management bulat bulat tell you there are many competition, price dropping, and profit reducing. why you so s.o.r hai still wanna self consolation and argue with stu.p.iak excuses like good profit la, market irrational, syndicatel la, and what not??? why so s.o.r hai wanna go against the fact told to your face?

Yes, but they did say they are confident of overcoming these challenges. FYI, SPX is going to double their production capacity in the next 2 years. Do you think DS has not done the necessary research and market study b4 embarking on this expansion. Or maybe he lacks your foresight and good business sense, if only he could have some of your intelligence, then we will all be saved.
05/05/2021 9:56 PM


LOL you really made my day. are you born yesterday?
do you expect management to say "jialat, habis la, oversupply coming, we are not confident to fix these, will stop expansion" etc kind of words? of course must tell investors that they are "confident".
in fact, whatever you said are pointless, merely self-consolation which will not change the fact of the supply-demand situation. FF and IB who bought low will be the first to sell in full force tomorrow, you can continue to kid yourself, stu.p.idity knows no bounds