1 year profit of Supermax is equivalent to its 23 years of combined profit
Author: samchang88 | Publish date: Thu, 28 Jan 2021, 5:09 PM

Gloves are essential products to save lives during this pandemic. The Covid virus is highly infectious, especially the mutated variants. In time of this, human lives is the upmost important than anything else. Gloves are part of the PPE to protect lives and survival. Government globally need to allocate large portion of fund for healthcare spending. WHO expect 2021 the covid cases will be worser than 2020, so demand for gloves will be greater and ASP will sustain longer. In the latest report of Harta, it mentioned that overall projected growth in demand is expected to outstrip supply for the next few years due to increased glove usage from emerging markets and heightened hygiene awareness.. Scientist also mentioned that Covid is unlike Sars, it won't disappear suddenly. It will stay and live together with human being, so only vaccines and protective equipment can save lives.

It is uncertain and can't give any comments on other small companies which ventures into glove production, except KLK which is a large conglomerate with a prudent management. It will not simply put the money into building glove production factory without thorough analysis. So, the management and CEO should have analyze the glove business and know this business has a very bright future and can earn a very good profit in the time coming. So it is worth their effort, money and time to venture into this new business.

Now glove companies one year profit is equivalent to their many years of profit, eg harta, comfort, topglov, spmx and etc. take an example for glove company, eg supermax. Currently supermax one year profit is 2.3 billion (forecast conservatively ) for the financial year of 2020. The average profit annually for supermax is around 100 million previously (average for past 5 yrs) . It means 1year profit of spmx now is equivalent to its 23 years of combined profit. But its shares price only goes up 8-9 times only. It is very undervalue now by all the valuation metrics. Imagine 2 years profit is equivalent to at least 46 years of combined profit. This is astonishing. Imagine this company only need to work 2 years, but previously the company need to work as hard as possible for 44 years to get the same amount of profit. This is the best time for gloves company ever. The cash earn definitely will increase the value of the company, eg by expansion, increase r&d, M&A, increase dividend payment etc.

In addition, Board of director of the gloves company know their share is undervalue now and do a lot of share buy back, eg Topglove, Supermax. CEO also used their own money to buy the share in open market , eg Comfort, Topglove, Harta.

Holding power is the key to be successful in value investing. Buy right and sit on to win big.

1 year profit of Supermax is equivalent to its 23 years of combined profit
Author: samchang88 | Publish date: Thu, 28 Jan 2021, 5:09 PM

Gloves are essential products to save lives during this pandemic. The Covid virus is highly infectious, especially the mutated variants. In time of this, human lives is the upmost important than anything else. Gloves are part of the PPE to protect lives and survival. Government globally need to allocate large portion of fund for healthcare spending. WHO expect 2021 the covid cases will be worser than 2020, so demand for gloves will be greater and ASP will sustain longer. In the latest report of Harta, it mentioned that overall projected growth in demand is expected to outstrip supply for the next few years due to increased glove usage from emerging markets and heightened hygiene awareness.. Scientist also mentioned that Covid is unlike Sars, it won't disappear suddenly. It will stay and live together with human being, so only vaccines and protective equipment can save lives.

It is uncertain and can't give any comments on other small companies which ventures into glove production, except KLK which is a large conglomerate with a prudent management. It will not simply put the money into building glove production factory without thorough analysis. So, the management and CEO should have analyze the glove business and know this business has a very bright future and can earn a very good profit in the time coming. So it is worth their effort, money and time to venture into this new business.

Now glove companies one year profit is equivalent to their many years of profit, eg harta, comfort, topglov, spmx and etc. take an example for glove company, eg supermax. Currently supermax one year profit is 2.3 billion (forecast conservatively ) for the financial year of 2020. The average profit annually for supermax is around 100 million previously (average for past 5 yrs) . It means 1year profit of spmx now is equivalent to its 23 years of combined profit. But its shares price only goes up 8-9 times only. It is very undervalue now by all the valuation metrics. Imagine 2 years profit is equivalent to at least 46 years of combined profit. This is astonishing. Imagine this company only need to work 2 years, but previously the company need to work as hard as possible for 44 years to get the same amount of profit. This is the best time for gloves company ever. The cash earn definitely will increase the value of the company, eg by expansion, increase r&d, M&A, increase dividend payment etc.

In addition, Board of director of the gloves company know their share is undervalue now and do a lot of share buy back, eg Topglove, Supermax. CEO also used their own money to buy the share in open market , eg Comfort, Topglove, Harta.

Holding power is the key to be successful in value investing. Buy right and sit on to win big.

1 year profit of Supermax is equivalent to its 23 years of combined profit
Author: samchang88 | Publish date: Thu, 28 Jan 2021, 5:09 PM

Gloves are essential products to save lives during this pandemic. The Covid virus is highly infectious, especially the mutated variants. In time of this, human lives is the upmost important than anything else. Gloves are part of the PPE to protect lives and survival. Government globally need to allocate large portion of fund for healthcare spending. WHO expect 2021 the covid cases will be worser than 2020, so demand for gloves will be greater and ASP will sustain longer. In the latest report of Harta, it mentioned that overall projected growth in demand is expected to outstrip supply for the next few years due to increased glove usage from emerging markets and heightened hygiene awareness.. Scientist also mentioned that Covid is unlike Sars, it won't disappear suddenly. It will stay and live together with human being, so only vaccines and protective equipment can save lives.

It is uncertain and can't give any comments on other small companies which ventures into glove production, except KLK which is a large conglomerate with a prudent management. It will not simply put the money into building glove production factory without thorough analysis. So, the management and CEO should have analyze the glove business and know this business has a very bright future and can earn a very good profit in the time coming. So it is worth their effort, money and time to venture into this new business.

Now glove companies one year profit is equivalent to their many years of profit, eg harta, comfort, topglov, spmx and etc. take an example for glove company, eg supermax. Currently supermax one year profit is 2.3 billion (forecast conservatively ) for the financial year of 2020. The average profit annually for supermax is around 100 million previously (average for past 5 yrs) . It means 1year profit of spmx now is equivalent to its 23 years of combined profit. But its shares price only goes up 8-9 times only. It is very undervalue now by all the valuation metrics. Imagine 2 years profit is equivalent to at least 46 years of combined profit. This is astonishing. Imagine this company only need to work 2 years, but previously the company need to work as hard as possible for 44 years to get the same amount of profit. This is the best time for gloves company ever. The cash earn definitely will increase the value of the company, eg by expansion, increase r&d, M&A, increase dividend payment etc.

In addition, Board of director of the gloves company know their share is undervalue now and do a lot of share buy back, eg Topglove, Supermax. CEO also used their own money to buy the share in open market , eg Comfort, Topglove, Harta.

Holding power is the key to be successful in value investing. Buy right and sit on to win big.