Meaning tat, management team lousy among gloves company

Others glove company profit up..only supremax down.

Usd 3.6, latexx price 3.61.. Profit down, share price down, poor management.

KUALA LUMPUR (May 25): Supermax Corp Bhd ( Financial Dashboard) posted a net profit of RM24.95 million in the three months period ended Mar 31, 2015, a decline of 6.2% from RM26.6 million in the same period last financial year due to lower average selling prices.

This translated to a lower earnings per share (EPS) of 3.67 sen compared to 3.91 sen a year earlier.

Revenue was at RM223.21 million, down 4% compared to RM232.27 million.

Supermax has changed its financial year end from Dec 31 to June 30.

In a filing with Bursa Malaysia, Supermax (fundamental: 1.0; valuation: 1.8) said its prospects remains good with global demand for globes remain robust and sustainable.

“In the developed countries, the demand continues to grow at a steady and moderate pace while stronger double digit growth can be seen from the emerging markets as hygiene and healthcare awareness continues to rise in the regions such as the Middle East and also Africa, not to mention Asia with China and India leading the way,” it added.

Supermax share price dropped three sen or 1.52% to RM1.94 today, with a market capitalisation of RM1.33 billion

Director makan gaji besar but....

Boss sleep

kwsp.....mana?

List of Top 30 Holders as at 27 April 2015
No. Name Holdings %
1 THAI KIM SIM 139,035,444 20.535
2 TAN BEE GEOK 69,915,884 10.326
3 CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB BANK FOR TAN BEE GEOK (PBCL-0G0071)
33,000,000 4.874
4 HSBC NOMINEES (ASING) SDN BHD
NTGS LDN FOR SKAGEN KON-TIKI VERDIPAPIRFOND
30,573,600 4.515
5 CARTABAN NOMINEES (ASING) SDN BHD
BBH AND CO BOSTON FOR FIDELITY LOW-PRICED STOCK FUND (PRIN ALLSEC SUB)
26,193,300 3.868
6 CARTABAN NOMINEES (ASING) SDN BHD
BBH (LUX) SCA FOR FIDELITY FUNDS ASEAN
10,922,700 1.613
7 CITIGROUP NOMINEES (ASING) SDN BHD
EXEMPT AN FOR CITIBANK NEW YORK (NORGES BANK 1)
9,885,300 1.460
8 CITIGROUP NOMINEES (ASING) SDN BHD
CBNY FOR DIMENSIONAL EMERGING MARKETS VALUE FUND
8,073,100 1.192
9 AMANAHRAYA TRUSTEES BERHAD
PUBLIC ISLAMIC SELECT TREASURES FUND
6,261,800 0.924
10 TAN GEOK SWEE @ TAN CHIN HUAT 6,000,000 0.886
11 EAST POINT VENTURES SDN. BHD. 5,630,004 0.831
12 TAN GEOK SWEE @ TAN CHIN HUAT 5,578,120 0.823
13 CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
CIMB BANK BERHAD (EDP 2)
5,564,250 0.821
14 AMANAHRAYA TRUSTEES BERHAD
AMANAH SAHAM DIDIK
5,500,000 0.812
15 MAYBANK NOMINEES (TEMPATAN) SDN BHD
MAYBANK TRUSTEES BERHAD FOR MANULIFE INVESTMENT CM SHARIAH FLEXI FD (270785)
5,077,800 0.749
16 CITIGROUP NOMINEES (ASING) SDN BHD
CBNY FOR DFA EMERGING MARKETS SMALL CAP SERIES
5,003,700 0.739
17 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
UNIVERSAL TRUSTEE (MALAYSIA) BERHAD FOR CIMB ISLAMIC SMALL CAP FUND
4,991,900 0.737
18 HO HAN SENG 4,500,000 0.664
19 CARTABAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR RBC INVESTOR SERVICES TRUST (CLIENTS ACCOUNT)
4,419,700 0.652

On behalf of the Board of Directors, I have the pleasure to present to you the financial performance of Supermax Group.

Financial Performance
The Group has performed creditably despite having to start 2014 with the handicap of operating without the capacity output
from one of its plants which had been gutted by fire. Nevertheless, the Group will go into 2015 having fully regained the
capacity lost and with new capacity coming from the new lines being gradually introduced throughout the year from its new
Plants at #10 and #11. External factors such as the strong USD and lower raw material prices are also expected to remain
favourable for the rubber glove industry.
On the dividend front, the Company has paid out an interim 4% tax exempt dividend for FYE2014 in January 2015 and the
Board has proposed a final 6% tax exempt dividend which is subject to shareholders’ approval at the upcoming Annual
General Meeting on June 16th 2015.

Going Forward
Our immediate focus is to expedite the completion & full operation of Plants #10 and #11 after which the increased nitrile
glove capacity would enable the Group to make greater inroads into the US and European markets where demands are more
Nitrile-Centric.
However, we remain conscious that the market momentum may swing back towards natural rubber gloves especially as the
catalyst of the switch to nitrile, i.e. escalating natural rubber prices, have since reversed. The momentum switch to nitrile has
already slowed and we have seen good demand returning for natural rubber gloves. But regardless of whichever way market
demand moves between this 2 segments, the Supermax Group has already taken steps to put itself in the position to capture
greater market share going forward.
We remain committed to building up the distribution end of our business model. The North America distribution headquarters
in Chicago and the proposed new European headquarters in UK being planned at this moment is testament to our belief in
this business model.

Acknowledgement
My sincere appreciation goes to the Board of Directors for their unwavering and solid support over the years. Their experience,
knowledge and business acumen has been invaluable and any and all input from them is taken aboard and applied in
strategizing and everyday decision-making. I would also like to thank all my staff from all levels for their commitment and
efforts towards the achievement of all of the Group’s objectives. My thanks also go out to all our business associates for their
continuous support.
Last but certainly not least, I would like to thank all the Shareholders for their support and belief in Supermax. With the
support and contributions from the Board and all my staff, it will be my commitment to take Supermax to ever greater
heights.

Thank you.

Dato’ Seri Stanley Thai
Founder, Executive Chairman and Group Managing Director
May 18, 2015
Kuala Lumpur, Malaysia

no

Going down again

divided 3 sen, drop 10 sen...

hopeless

Sell?

All gloves share up only supermax down

1.96...die soon

when?

1.97...

Dont sleep

Supermax .. Wake up wake up

DIE...

kwsp still don't want to buy supermax...Better ask PM help....

boss & rafidah mana?

what happened to supermax...? value only 1.98-2.00? nobody want to buy?

1.98

today hopefully can go back to 2.11 and up

H1N1

The Selangor Health Department has confirmed that a pupil of SK Section 9 in Shah Alam has been infected with the H1N1 virus as widely reported in social websites yesterday.

The department in a statement said the Year Two pupil, who had fever, cough and flu last Saturday, was warded at a private hospital last Sunday. Test results showed he was infected with virus.

The statement said further that the pupil’s three-year-old sibling had also been infected, but after receiving treatment the two were recovering.

Checks on four other family members found they were free of the H1N1 virus, the statement added. The close friends of the siblings were also found not to have been infected.

The source of the infection is still under investigation and the district health department has been directed to keep up checks on the siblings’ family members as well as other pupils at the school.

Members of the public with any queries can contact the Infectious Diseases Unit of the department at 03-5123 7333 or email epidselangor@moh.gov.my.

- Bernama

Hero

lelong lelong....1.99 1.99....

Lelong 1.99...

Commentary on Prospects and Targets
The global demand for nitrile rubber gloves continued to grow at a high rate of over 19% due mainly to switching momentum from latex to nitrile rubber gloves. This has spurred an increase of nitrile capacity by the industry which we are confident would be more than matched by strong nitrile glove demand. Furthermore, we do not expect price war as claimed by certain quarters as global demand growth continues to be strong. However, average selling price will be lower from declining raw material price and more competitive product selling price. The lower selling price and sustaining demand will support efforts to open new markets.
We have embarked on a new stage of progress with our Next Generation Integrated Glove Manufacturing Complex (NGC). Hartalega NGC Sdn Bhd, a wholly-owned subsidiary of the Company, has completed the acquisition of land for the NGC project. The major portion of this land will be used to build six high capacity manufacturing plants that will house 72 production lines. Hartalega targets to add another 28.5 billion pieces aggregating to total installed capacity of over 42 billion pieces per year upon completion of the NGC project. The total budgeted project cost including land cost about RM2.26 billion. The project expected to take 8 years to complete. The Group will finance the NGC project via a combination of internal funds, conversion of portion of its warrants and bank borrowings. We have started the construction of plant 1 and 2 and supporting facilities in the 4th quarter of calendar year 2013. We have tested and commissioned eight production lines up to April 2015 and other production lines will come on stream progressively.
In view of current and anticipated conducive market conditions, we are making strenuous efforts to put in place the foundation for long term sustainable growth. On this note, we have already made concerted effort in improving our human resource in areas of training and development and man power numbers and have adjusted our salary structure in line with the minimum wage ruling effective January 2013.
We view that the concerted long term planning and efforts should bear fruit due to productivity gains and benefits of economies of scale derived from building capacity and leveraging on in-house technological competencies to mitigate the potential margin compression arising from greater competition. Although we are concerned that lower average selling price continues to impact Hartalega’s top and bottom line, the timing of the incoming NGC capacity should sustain the group’s earnings. On the back of strong demand for nitrile gloves, we are confident that Hartalega’s profit margins will remain above the industry average.
The Board of directors is optimistic that the Group will achieve continuous growth and securing better results for the next financial year.

Harta: 4Q profit 54.9 m 2015 vs 4Q profit 49m 2014..

The Group's performance for the quarter under review and year-to-date versus the corresponding quarter and year-to-date of the previous financial year is as follows:
(a) The increase in revenue is basically due to increase in sales volume of 4.9%. The strengthening of the USD has mitigated the effect of lower average selling price from declining raw material prices and more competitive selling price.
(b) The operating profit margin reduced from 24.0% to 22.2% due to start-up expenses from NGC project, increase in maintenance and natural gas cost.
The Group’s performance for the year-to-date versus the corresponding year-to-date of the previous financial year is as follows:
(a) The Group’s sales revenue increased by 3.5%. The increase in revenue is due to increase in sales volume.
(b) The operating profit margin reduced from 28.1% to 24.2% for the current year-to-date compared with the corresponding year-to-date of the preceding year. This is due to lower average selling price from declining raw material prices and more competitive selling price. The other reasons are due to increase in maintenance, electricity and natural gas cost.

others glove share try to break historical high...maybe supermax want to try break historical low....

u mean 1.80 coming soon...haha

RM 2.00 liao

no eye see

Boss and Rafidah pergi mana?

today dead water..soon below 2.00....

Kossan break historical high..6.02...

Kossan, top glove up up up..
supermax down down down...
Same glove share...

Last call.. 2.00 liao

Below 2.00 soon... Die liao

There were no major surprises from Supermax during the conference.....
kossan also no surprises but price going up....

吉隆坡27日訊）速柏瑪（SUPERMX，7106，主板工業產品組）隱形眼鏡新業務料無法於近期帶來重大貢獻，分析員因缺乏盈利展望及詳情，維持財測不變。
2廠年杪投運
聯昌研究認為，速柏瑪在《投資大馬》未帶來驚喜元素，但有信心拖延已久的10及11號廠，在基本設施到位後，可在2015年杪投運，新產能也具一定需求。
該行指出，手套業務競爭加劇，促使速柏瑪拓展業務至隱形眼鏡領域，第一階段投資額約6千至6千500萬令吉，為期兩年，研發工作將在英國進行，產品則在雙溪毛糯工廠製造。
“由於手套城及速柏瑪工業園區未知何時可開始盈利貢獻，未來兩年盈利成長料由新產能及隱形眼鏡業務帶動。”
聯昌研究表示，速柏瑪已開始為新業務徵聘員工，新機械器材將在今年6月安裝，將先生產處方用眼鏡，接著才生產美妝用鏡片，並計劃利用現有手套分銷網絡營銷隱形眼鏡產品，料在今年第三季作出宣佈。
艾芬黃氏認為，雖然速柏瑪預訂於2015年第三季生產隱形眼鏡，但不預見近期可帶來重大貢獻。
“這項投資將讓速柏瑪成為大馬首家自有品牌（OBM）隱形眼鏡生產商，對該公司可獲取60家公司分銷新產品不感意外。”
目前速柏瑪在全球有5間分銷中心，艾芬黃氏看好將成為新產品的營銷平台，因與保健醫療器材分銷商關係良好，故在分銷產品方面不成問題。
隱形眼鏡入門門檻高
但隱形眼鏡入門門檻較高，領域主要由幾個業者壟斷，艾芬黃氏說速柏瑪若有意以自有品牌銷售產品，可能面臨難以打入市場的阻礙。
“相信藉由手套自有品牌推銷隱形眼鏡並不容易，因隱形眼鏡多為品牌驅動型產品，客戶對價格的敏感度比手套客戶來得低。”
鑑於缺乏新業務盈利展望及詳情，該行維持財測不變，正面重估因素來自基礎設施問題解決及現有產能拓展計劃順利投產。

Haha finally reach 2.04...then stop a week, after tat go back to 2.13

Kossan up 0.14.. 5.88

Affin Hwang Capita doesn't foresee any major earning upside in the near term from latex gloves manufacturer Supermax's (7106.KU) decision to start a new business segment of manufacturing contact lenses. "Despite production expected to begin in 3Q15, we do not foresee major earning contributions in the near term," the broker says. It keeps its hold rating on the stock with MYR2.11 target price. "We maintain our earnings forecasts for now, pending further clarity on the earnings outlook of this new segment," it adds. Supermax is unchanged at MYR2.15 while the benchmark index is up 0.02%.

RHB: support 1: 2.02, support 2: 1.96
resistant 1: 2.17, resistant 2: 2.21

karex, harta, kossan, careplus all still steady....only supermax