"Where is fairness, economist asks over measly non-Bumi budget allocation | Free Malaysia Today (FMT)" https://www.freemalaysiatoday.com/category/nation/2021/11/05/where-is-fairness-economist-asks-over-measly-non-bumi-budget-allocation/

"Top Glove says share buyback not investment, no impairment needed | The Edge Markets" https://www.theedgemarkets.com/article/top-glove-says-share-buyback-not-investment-no-impairment-needed

"Dividend suppression seen with prosperity tax in Budget 2022 — Maybank Investment | The Edge Markets" https://www.theedgemarkets.com/article/dividend-suppression-seen-prosperity-tax-budget-2022-%E2%80%94-maybank-investment

"Prosperity tax to cost Hartalega nearly RM640mil? | New Straits Times" https://www.nst.com.my/amp/business/2021/11/742266/prosperity-tax-cost-hartalega-nearly-rm640mil

When cornered and dont know how to reply, talk 3 talk 4, talk East talk West, talk worms, talk maggots, talk burial plots talk hell notes and talk kok.

-------------+--+-------+-+++++-------

GlovesOff Waste of bandwidth w that sor hai . Talk one thing go round bushes . Back to trolling language better .

It's ok I lose now because I earn alot in past life (hell money) hahahaha
02/11/2021 4:32 PM

GO , it is not my job or responsibility to teach anyone in the forum. As supermx shareholder, I am doing my sharing with a Disclaimer . You are ticking off many supermx investors in this forum even though you dont own a single supermx share. You also ticked off Fairtalk.who told you he bought.supermx before.pandemic. You even jeered at him for getting 13 s and 15 s dividends in the last 2 qtrs even though.in actual fact he got more than 50 % DY for fy 2021 assuming he bought at 65 s beside.getting a 3x price.appreciation. Dont try to potray yourself as a saint lah. Your ulterior motive .is obvious lah. Tell me , why must you jeered at Fairtalk who only occasionally come to this.forum.and show his happiness to get good dividend?
----------+++++++----------
You're most ticked off glover because you write to promote is ok, but never least teach newbie to set CL, 5,7 or 10% point, buy all way down in name of FA .

GO ah , The trouble with you is that you like to selectively assume all the supermx investors.just started investing during the downtrend a year ago but INTENTIONALLY omitted those who.invested before middle of 2020 who forms the majorities. Supermx stock do not exist only the last one year lah. It has.existed 20 years.ago . Why must you focus ONLY on those who invested in the last one year but not who invested in the balance 19 years ? Is it because you are on the darkside ?

-----------------+-+++----------
GlovesOff count your capital LOSS . and how many % in return to recover . so simple math also fail

GO, Say whatever you wish lah. Even.those who bought in 2019 or before , hold and did not cash out during the peaks also gain 3x price appreciation plus 10x.dividend yield in.FY 2021 lah. Those.who cash out at 5,6,7,8,9 or 10 and.buy.back at 4 and below.made.much.more lah. Do your simple maths lah . Want me to show you actual calculation or not like how I calculate.last year DY .

------------------------
GlovesOff Sor lan gao Jor . Keep saying low enough/fake topup since 4xx . No need 65c . The price now enough put you in asylum for years

Harta Q1 ASP was peak at US 91. With a drop of 27 % , it is 91 x 0.73 or 66.43 . With 65 % Utilization and 45.7 % nett margin ,

PAT = 66.43 X 44 X 0.65 X 0.457/4

= 912 millions

where 44 b is.yearly capacity
65 % utilization.

IM777, With.CBP.ban , how.to give projections?
Supermx.management.themselves also dont know the real financial impact. It could be.20 to 50 % impact. Besides, we.also dont know when.it will be resolved. No point projecting . Just wait for MM s prepandemic 65 sen price . Dont know when can get this price. You and MM, GO.did not work.hard enough. No shorties go to harta but harta.already.go below.prepandemic price.
--------------------
investmalaysia7777 @pjseow, now you no come out with your projections d? now you just come here blow water only kikiki
02/11/2021 11:15 AM

Aiya, Expected lah, ASP.was still at about ASP 68 lah. Dividend is a bit lower than tbe 60 % committed . Still.not bad lah. Almost a billion PAT per qtr.

------------------
MoneyMakers Walao harta profit drop 60% but super div 35sen..better spend all fast b4 gov take haha
02/11/2021 1:15

IM777, aiyo, you so black hearted. You said harta is the best.stock with moat and already reached prepandemic price. Now.dropped somemore you asked me to move on. Should I.cut loss or not ? Please give your advice . If you say cut loss , I will cut even with pain. I wont blame you.
-----------------------
investmalaysia7777 @pjseow, LOL. you still keep thinking of the questions?? I even forget you ask that before. move on la. hahahaha. pity you
02/11/2021 10:54 AM

IM777, You still have not replied my question on why your recommended Harta dropped so much last week even it had reached below pandemic.price compared with supermx which was.at 3x pre pandemic price and.hit with cbp ban.

-------------------
investmalaysia7777 pjseow average at 3.3?? aiyoyo
02/11/2021 10:31 AM

Peoples go for good DY mah. MM say DY can reach 50 % when the price reach 65 s.
---------------++-----------
GlovesOff haha standard so low now, all vying for spmx to turn pennies ... so you can avg down lower?
02/11/2021 9:59 AM

Commodity prices will.go up in tandem with inflation. As oil and.natural gas producer, Malaysian.industry enjoy a much better tariff rates than China. The price of electricity and natural gas are much lower than China. With the strenghtening of yuan , even.the labour cost are higher in China nowadays not to mention raw materials like butadiene which is produced from our petroleum . As the prices of these commodities go up , malaysia has better.competitive edge.than china.
---------------------
GlovesOff haha how about gas tariff up ? affect your fav glove cost oh
01/11/2021 9:41 PM

When iron ore or steel prices drop , did you see car price or house price drop since cars and.houses use a lot of steel ? When rice price slump, price of nasi lemak never go down.also.

MM., dont be jealous lah. GO and IM.also praised me before . It is.natural for those who are in.supermx forum to support supermx.mah unlike bad hearted.people like you who dont own a single supermx.share but everyday wish supermx to go down. It is also understandable for those who cut loss and then switch.to your side hoping to buy at lower prices.

IM777, Your losing billions Genting also drop 10 sen leh . I am surprised losing money stock.like Genting also affected by the prosperity tax. Those make billions kena prosperity ok lah but losing billions also kena tax.with 33 % meh.

MM ,IM and GO
I still have GO who praised me for good job in.calculating DY for supermx leh. It is not easy to get praise from the.dark side unless they got cornered or caught with their pants down.

----------------++++---------+++-----+
pjseow GO , I know you.are not able to do this simple.maths test. Let me tell you the answer.
Supermx total dividend for Fy 2021.
is 3.8 s +13 s + 15 s + 0.033x1.90 = 38.13s
Dividend yield = 38.13 / 190 = 20.1 %

Tell me which stock can give this DY in FY 2021.
28/10/2021 9:03 PM

GlovesOff haha good job ! congratulations !!!
**********************
Tell me which stock can give this DY in FY 2021.
28/10/2021 9:05 PM

GO, Final.Dividend of 1 to 30 shares and to get mandate of sbb for 10 % of total company shares
do not come from me but supermx management .
How many times I need to repeat ?
-------+++++-----------1
GlovesOff even thicker face to demand dsst sapu sbb & reward shareholders HAHAHA
01/11/2021 2:31 PM

GO self admitted he is from the darkside.
-----------------
Start_0f_the_bull GlovesOff pjseow trying to join dark/shorties side ka kikiki
31/10/2021 11:18 AM
--------------------------------------------
So GloveOff self admits himself is from the dark side (evil)? Ha ha
31/10/2021 3:49 PM

GO , You are on the darkside and also the biggest scammer. Dont twist the facts as follows.
Latest prices forv the big 4.

Topglove 2.66 1.6 x prepandemuc price

Harta 5.69 below prepandemic

Kossan 2.35 17 % above prepandemic

Supermx 1.89 3 X prepandemic price

Harta dropped the most followed by Kossan
and Topglove , Supermx . Why supermx can maintain 3X of prepandemic price? Because of PJ SEOW ? You.must be joking .



------++++--------------
GlovesOff now you know what spmx biggest loser amongst gloves ? led by this scammer

GO , I know you have phobia when you hear DY and SBB but not about maggot , worms.and burial plot. For me , I am the oppisite of you. I like DY.and SBB but has phobia on maggots and worms. You are on the dark.side while I.am on the bright side. You.are pessimist , I am optimist.
hahahaha.

------------------
GlovesOff last week about divy this week sbb

Who say supermx will go up in November which start today ? You expect CBP issue resolved by this month ? No lah. You are too optimistic. I am waiting for RM 1.32 predicted by GO within 6 months and then 65 s by MM.

Dont twist.about future " facts " ya.

--------------------------

Stocksafeplayer Let’s see if current prices sustainable by end November, or can go up…
01/11/2021 11:17 AM

Stocksafeplayer, there is.no twisting of historical facts.
1. Supermx has been doing sbb before pandemic is a fact.
2. Supermx distributed Treasury.shares to all shareholders before pandemic ia a fact.
3. Supermx current share price is about 3x of pre pandemic price is a fact.
4. Supermx distributed about 38 s of dividend in fy 2021 is a fact .
5. Supermx dividend of 38 s is about 10x of prepandemic dividend is anothet fact.

Those hardcore supermx long term investora made the most compared with the other.3 big glove shareholders even if they did not cash out
during the peaks. For those who cash out.near the peaks of 5, 6 ,7,8 ,9 ,10 ,11 , 12 and buy.back at 4, 3 , 2 and now make even more .
Do your maths.

There is no twisting of historical facts.

----------------------------
Stocksafeplayer Good @pjseow…. clearer comments from you would help. Twisting historical facts no good
01/11/2021 10:49 AM

Which information is twisted ? I am talking about the past . There is no such thing as future facts because nobody can predict the future. Be careful of what you said. I did not talk about future facts. Dont twist what I said.
---------------------
Stocksafeplayer Be careful of what you posted @pjseow. Please do not ltwist around historical information as future facts. You may mean well but what you posted said otherwise
01/11/2021 10:39 AM

The announcement of sbb comes directly from supermx management not from me lah. The last sbb was in early Feb when the price was more than 6 . Now the price is less than 2 which is less than 1/3 of 6. Supermx management opined that it is worth doing sbb now when the price drop.further. Aiya,.supermx has been doing a lot of sbb before 2019 . Not something new lah. Those recd Treasury shares from the sbb before pandemic made tons of money through 3x price appreciation plus 10 x dividend payout in fy2021 compared with prepandemic. These are facts not daydreaming.

IM777 ,.Minority shareholders cannot.propose.meh? minority.shareholders akso got right.mah .Ideas can come from anywhere. It is up to the.majority to approve . If it is good idea, they.may accept.mah. There is such precedent .

I may.also propose to supermx to.cancel the shares from sbb instead of distributing back to shareholders.so that the shorties cannot.get to buy back the shares. Besides, eps will improve 10 to 30 % with correspondingly less number of shares . Afterall , the.market.appreciate eps more than cash in hand . So spending 540 million is worth it if eps can increase 10 to 30 % .

10 % of 2.72 billions shares is 272 million shares which cost only 540 millions at current price. If it drop to 1 .00 a share , supermx needs only 272 millions to buy up. if it drop to 65 sen , it needs only 177 millions. I will propose in the agm for supermx to buy up 30 % instead of 10 just in case the price drop to 65 sen. Then in next Oct , supermx can distribute 1 out of 3 to shareholders instead of current 1 out of 30.
Buy more in cheap sales is a virtue not a sin.lah .

someone is criticising LWC , Kuan.and Stanley for doing sbb since last year until now. Supermx has announced that they will buy up.another 10 % of their shares after getting mandate from the shareholders in coming agm. If bei tahan with the glovemakers CEO whom you yhink are stupxxd, why keep coming to this forum?

Prosperity tax is just an.excuse to milk more taxes from the.big companies. Those.companies which.made.billions or few hundred.millions will get taxed more even.if their profits come down. Where got prosperity if your profits come down?
During last year budget, the oil price was about.US 40 per.barrel . Now it is 80 plus。Petronas can easily pay additional 30b to the government as dividend. Why must the government increase the tax rate to 33 % ? I just do not trust that this additional tax rate will be used to help the poors. The politicians will find ways to squander off more money into their pockets.

GO , I am showing the facts. I never short in.my life. Not like you joining the dark side of burial.plots, coffins and maggots and worms.
-----------------------------
GlovesOff pjseow trying to join dark/shorties side ka kikiki
31/10/2021 11:18 AM

"Deloitte: Taxation on foreign sourced income a significant change and will increase tax bill of companies with overseas ops | The Edge Markets" https://www.theedgemarkets.com/article/deloitte-taxation-foreign-sourced-income-significant-change-and-will-increase-tax-bill

"These companies may be subjected to the one-off 33% prosperity tax | The Edge Markets" https://www.theedgemarkets.com/article/these-companies-may-be-subjected-oneoff-33-windfall-tax

Even tech companies like MPI , Inari or Vitrox may not be spared. They made morw than 200 millions. The shock.might spread.across the board.Even my MFCB with profit quarantee from its power plant might be affected.

I think most od the index linked companies will be affected . I expect.the index to nose dive on.next monday.

Malaysia is already not.competitive in terms of corporate tax rates of 24.% compated with neighbouring countries like singapore, Thailand, Indonesia , Vietnam , adding another 9 % will make us even.less competitive further. The question is why oue neighbouring countries.do not need to increase their tax rates to help on.the pandemic ?.Are.we the only country which need to do this ? During this though period, why the government is increasing the operating expenditures by increasing the payouts to government servants while the private sectors have to endure pay cuts .The glove companies plus other labour intensive sectors should seriously consider re locating operations to Thailand, vietnam ,indonesia or bangladesh etc. I do not think this will be one off tax but the government may continue such tax once they begin to enjoy more incomes just by a stroke of pen.

GO, Should write.about curious case.about you who go from.gloves to burial plots, coffins and then worms and.maggots in Topglove forum. Really a curious case .
-------------------
GlovesOff @Geek2020
Should write one on the curious case of pjseow
30/10/2021 12:21 PM

Harta made 2.88 billions in FY 2021 . Harta FY 2022 Q1 already made 2.26 billions. Total projected FY 2022 PAT is expected.between 3.5 to 4 billions。

New glove maker HARPS called off listing on Bursa.
-----------------
https://www.nst.com.my/business/2021/10/740710/glove-maker-harps-listing-bursas-main-board

For those.companies like MAYBANK and PUBLIC BANK.which.make a few billions.a year , basically an.additional 9 % of its annual profits will go to the government. It is a few hundred millions additional tax. Malaysia will.lose its competitiveness . FDI.will.slow.drastically. Some companies may re locate to countries with better tax rates and more abundant labours.

This new prosperity tax will have a negative impacts on all.companies which.make more than 100 millions a year. There are hundreds of companies which make more than 100.millions per year. The additional 9 % tax for profits above 100 millions.is substantial.
---------------------
https://www.thestar.com.my/news/nation/2021/10/29/budget-2022-prosperity-tax-better-than-a-windfall-tax-says-mustapa

Matcha Green Tea , you are right . Next.dividend is 39.6 s based on.60 % of last qtr earning of 2.36 billions.

Hahaha, IM 777, Now you.said it. Topglove and Harta give out 70 and 60 % of their FY2021 profits as dividends . There is one company which had not gave out so high % as dividend.and still.kept it as.cash. This huge cash.pile is sufficient to TRIPLE its capacity and still.pay lucrative dividend in the years to come. Do you know the name of this company ?

-------------------
investmalaysia7777 Best dividend so what? Give so much dividend where got money for future expansions? Look at topglove now. desperate for money. 2b also they want to raise cash from HK listing even though they know its not favourable to get listed now. only sor hai hope a growing company give more dividend.
29/10/2021 3:56 PM

Topglove has the best dividend in.FY 2021 with 24 %. Supermx DY is 20.1 % and Kossan potentially hitting 20.%. Harta DY is 8.8 % , lowest among the big 4. IM777 say harta is the best.among the 4 .although Harta is the only one below pandemic price now . The other 3 are still.above pandemic prices with.Supermx at 3x., Topglove at 1.6 x and Kossan at 1.2 x .
IM777 , any comment ?

MM , Yes, retired man like me love high DY . I am still waiting for your 65.sen . When can I have it ?
-----------------
According to pjseow calculation, when price drop to 65sen (orig price) div yield will become 50%..very good
29/10/2021 12:50 PM

Kossan FY 2021 has not end yet but already pay 36 sen for the last 3 qtrs. Its total
DY for 3 qtrs already hit 36/236 or 15.3 % already.
If next qtr announce.another 12 s, its DY per year can.also hit 20 % for FY 2021.

iM 777, Now is dividend season lah. So talk about dividend loh. During durian season , we talk about durians like musangking , black thorn, red prawn, hoo loo , tupai , kunyit ,D11.,12 ,13.... D24 and the 600 series....HAHAHA
----------+++------
investmalaysia7777 dividend dividend dividend hahahaha
29/10/2021 12:03 PM

IM777 , You just wake up ah. You still have not answer my question on sentimens leh.?