At the moment this counter don't have the scale and volume of the big 4.
Start at TP 1, RM 4.5 , the following Qtr TP 2, RM 5.50 and so forth.

Buy on dips and when price softens.

Next qtr report will have more millions net profits

This counter is a sleeping giant. Been sleeping for long long time. Maybe investors tie it to oil price tho technically no.
Needs rocket fuel to pus it up. Would have given up but fortunitely its still paying decent dividends.

I am very sure Supermax will increase it's shareholding this year by way of bonus issue and cement it's position as third in the pecking order. No more small brother four.

3 or 1 for the moment.

What the hell, shoot like a rocket.

I sold some SuperMx at RM 17.70 and buy Harta at RM 17.90.
Good trade, I hope.

This counter, and the other small glove caps are long term buys. They need to boost their production, revenues and profits thus if you are patient may be profitable in the future.

Better to ignore the naysayers.
Today's rise is dramatic. How high can it go?

'1st quarter revenue Rm 447 million, PAT or profit after tax 71 million.
For the next 9 months, each month its PAT and revenue will be increased by 15% (compound).

1st month its revenue PAT will be 15% X 447 = 67 and revenue 447+67=514'

Is the above equation correct? RM 447 Mil is the quarter revenue, it's for 3 months revenue. For the following month's increase, it should be (447/3) x 15% = .......
Can't get my head over this.

Philip is now in elegant silence...

Posted by 20202023 > Jul 10, 2020 8:15 PM | Report Abuse
@spermx Sekarang all TA signals pointing extremely overbought, Daily, Weekly, Monthly. I have a chat with one of Chartish & he said this is unprecedented.

Hi 20202023,
Thanks for the clarification.
I am very encouraged to add more to my collection though it has already gone up so much. Stay invested but be aware, guys.

Hi 20202023,

Q3 revenue was RM 447 Mil.
Q4 revenue is projected at RM 2.26 Billion, an increase of almost 500%.

Kindly revert on how this figure is derived at, thanks.

Sorry, typo, 2.26 Billion, quite a high assumption, I would say. Thank you.

Posted by 20202023 > Jul 10, 2020 7:19 PM | Report Abuse
Stock: [SUPERMX]: SUPERMAX CORP BHD
Posted by 20202023 > Jun 1, 2020 11:19 PM | Report Abuse
Earning Estimate - Q4 (01/04/2020 - 30/06/2020)
('000)
Revenue 2,261,867

Hi 20202023,

Q3 revenue was RM 447 Mil.
Q4 revenue is projected at RM 2.26 Mil, an increase of almost 500%.

Kindly revert on how this figure is derived at, thanks.

Are they expecting lower margins due to the free electricity for this month?

Plz add, thanks

Glove Bulls are Back !

Interesting read. Malaysia is now at a crossroad.
Choosing our future leaders will ensure the direction this country takes.

Not bad, and still paying dividends. Good for investors.

Calvin, many investors are spooked by the recent selldown of glove shares, especially Top Gloves. Whats your take on this softening? Need your expert opinion.

Been holding this laggard since pre bonus time. A bit of paper gain after bonus but downhill since then. Its like climbing mount everest to attain the gold on top but never reach.
Elo, Ms Serba Darling, my love for you is slowly dying.

It should touch RM 18 - 19 before the next Qtr report. Let it move sideways for the time being to avoid burnout.

Nicely done with interesting pics. At the moment, Top Glove is like Hulk rampaging through the city.

Inventories written down cant be reversed into profits, bro.

Paktua is like Mel Gibson,
in Braveheart. Hoowaa.

At this moment, sleeper Kossan has a better upward potential than Harta due to it's price and share base , which is 2.6 times smaller. Even it's last quarter result has shown better growth.

Those who has bought the shares pre RM 1.00 would just need to keep them.
By next year they would be worth much higher. We are buying them for their potential to grow.

Yawn.. politicks..
We more interested in KLCI .

This stock was pushed up to RM 4.20 based not on solid fundamentals but only on hope and expectation that was before it's time.
Too fast, too furious.Give it time to perform.

Any chance of bonus issue?
Price appreciation has been very substantial.

Somehow Supermix give me more confidence when I see the main shareholders or directors buying the shares on the way up.
We should also follow our purchases slowly and on price weaknesses.
Don't forget the bullish trend still has many months to go.

Paktua nie main terlalu banyak counter la.

The ominous storm is brewing.
Millionaires on the warpath.

Good biz model and fundamentals. Only need acceptable results to push price forward.

Any intelligent guess on it's Q report performance?

Goreng pisang. Sedap nya.

Finally, bearing fruits.

I think people already know nx q report is positive.

Ya, yesterday missed my price purchase due to lower rate and today shot up to 3 plus. Hit and miss , glove is really the only game in town.

Now all glove counters flying like hot cakes.
Even laggards, Careplus and Rubberex also fly.

Calvin, what is your take on Rubberex?

Prices locked in this range for quite some time d.

Yawn... So who won.
Round 1 goes to the one with black eye. But his uppercut managed to momentarily stumped his opponent.
Saved by the bell.

In China, many traditional old sifus are beaten by new practitioners of MMA.
Here in I3, we are still respectful of sifus. You guys have given us many gems of investment lessons.

The grand title of this post tells me 'fangs are bared'.
Calvin, should we changed the title to :
Clash of the Titans.

I come in to I.3 forum everyday to get extra knowledge and inspiration from top investors and i must say you are one of them who put the money where his mouth is. Thanks for the write up, Philip. My portfolio is tiny by comparision but hope to grow it to eventually be one I am proud of.

I have cleared all except keeping 2 lots cos of fear of losing out.
FYI, when uncle put out the TP 5.50 its for 2021, after several quarters of reaching targets.

There are many young guns around. No more old sharks, old crocodiles or old warlords.

Najib? I mean Jibby ??
Cough... I am choking on my nasi lemak now....
The last time I remember, we almost lost all our underwears to pawn our hard earned pennies cos of 1MDB la.

Seems like there are no good men left in politics.
Grumpy mood today, Bendia.
Who will be the honorable pin up boy, or man.