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2016-02-27 15:07 | Report Abuse
Johotin will perform la so does geshen just that all retailers are short term, so one sells leads to another sell, thats explain a fall iof 20percent
2016-02-27 01:19 | Report Abuse
I really disagree with what u said, is a beat expectation not in line, if not for the corp exercise, eg profit will be superb, and this has just started, more to come
2016-02-27 01:17 | Report Abuse
There is a group of syndicate here asking u to sell cause they wanna buy, cause got more good news to come, cant share too much here, but i know their motive, supermax has already mentioned they could easily pass down the volatility of usd or latex please read carefully
2016-02-26 22:20 | Report Abuse
Icon u are dead wrong u should include the rights issue payment it is not recurrin so it actually registered a growth of 40pc quarter comparison
2016-02-26 21:13 | Report Abuse
Investors should look at previous year, this is a manufacturing company come on, how to double every quarter
2016-02-26 20:42 | Report Abuse
Why you did not mention eg, eg after netting out corporate exercise fees make RM7.3m, also better results
2016-02-26 20:40 | Report Abuse
too bad only seasoned investor know how to read the accounts, sigh on retailers no wonder getting poorer
2016-02-26 20:38 | Report Abuse
Home sales in US is picking up, meaning more furniture is needed, luckily I bought so much
2016-02-26 20:37 | Report Abuse
sell on Monday, I buy from u guys, thanks
2016-02-26 20:25 | Report Abuse
well said, don't hear the opportunist , ie kai89
2016-02-26 20:20 | Report Abuse
LOL, don't let kai89 determine the flows, he is just acting for his information, is he correct? can show us some track record?
Supermax 8 new lines are up on Dec that is good news, because we act on future not present, don't be a fool here, kai you can sell all you want
2016-02-26 19:41 | Report Abuse
results not good? funny comments
2016-02-26 19:13 | Report Abuse
funny, RM38m is considered very good, my friend analyst told me Bloomberg only expects RM140m from analyst
Now, first half they already did RM77m - which is 55% of estimates
Second half got more lines commission, read the prospect section, so can easily achieve another 55% of estimates, so is consider good!
2016-02-26 18:46 | Report Abuse
The Supermax Group has continued to show improved performance compared to a year ago,
both at the top and bottom lines. Extensive efforts on improving operational efficiency and
realising capacity growth, is bearing fruit and will sustain the Group’s long-term growth.
Work on installing the remaining 10 high efficiency high capacity production lines at Plants #10
& #11 are on-going and expected to be completed by mid-2016. We have to-date installed total
of 20 high-capacity lines of which 8 have been commissioned.
As global demand for rubber gloves continues to be robust and sustainable, estimated at 8% to
10% p.a., the Group’s initiatives and ability to leverage on an extensive and growing overseas
distribution network augurs well for its business and financial prospects going forward.
Another positive development is Malaysia’s participation in the Trans-Pacific Partnership
Agreement (TPPA) which is scheduled to take effect in 2018. It will have the effect of reducing
or removing entry barriers to the TPPA nations and this bodes well for Supermax Malaysia.
Two of Supermax’s biggest markets, USA and Canada, are TPPA nations where the Supermax
Group operates and Supermax in Canada shall be the biggest beneficiary where the elimination
of import duty of 15.5% on Malaysian made gloves give us an advantage over gloves made in
non-TPPA countries such as Thailand and Indonesia.
External factors such as low and/or stable raw material prices as well as favourable exchange
rates are also providing a boost to the Group’s performance. While not reliant on such factors,
the Group would nevertheless take measures to take advantage of any and all favourable
conditions as far as possible.
2016-02-26 18:46 | Report Abuse
Read the prospect part la
After surging higher for most of 2015, it maintained its momentum going into January
2016, peaking at RM4.40 before tapering off but remaining at elevated levels. As at 22
February 2016, the currency pairing stood at RM4.19. The USD is expected to remain
strong against the RM in the short to medium term.
However, should the RM strengthen against the USD & /or other major currencies, we
would be able to adjust the FOB prices accordingly as we have put in place a pricing
mechanism to mitigate the impact of currency volatility.
2016-02-26 16:33 | Report Abuse
surprise to the down side, maybe, make RM20m, haha?
2016-02-26 14:26 | Report Abuse
Alpha trader is the one that predicted supermx to hit 3 and 3.50 when it was just rm2, now he said 4 ann 4.50, the perception now is supermax probably dont make rm30m
2016-02-26 13:35 | Report Abuse
Kai means same as in 20m? Cannot be 20m la, if they can do 30m is very good already
Supermax has been trading at rm2 without profit jump, if 40m is a windfall to supermax
2016-02-26 13:33 | Report Abuse
I see 3 good things about geshen may look to collect at 1.90
1. Company management had changed, the acquisition of polyplas is good for them
2. Company is cleaning up mess and did kitchen sinking thats why the results was only rm1.8m by right they will make rm2.5m
3. Capex increase - meaning they are bullish on outlook, will harvest in longer run
4. More disclosures in their financial reports compared to last year, you can get alot of information from its quarter report
Make sure the margins and panic sellers are out then can start collecting meanntime wait for the saga to settle down first
A capex of rm20m could easily generate extra rm5m in the future, and no more kitchen sinking, better margins i think geshen can make 20m this year and 25m next year, pe still below 10x at current price
2016-02-26 09:30 | Report Abuse
Cannot be lower than director buying price 1.95
2016-02-25 22:37 | Report Abuse
Geshen got impairment 700k if u add that back in actually profit grew by 100percent
2016-02-24 20:42 | Report Abuse
Heveaboard -6.7c meaning pe 10 is worth rm2.50
2016-02-24 19:33 | Report Abuse
Where is robertl? Sohem, hevea is worth rm2 minimum
2016-02-18 15:14 | Report Abuse
it is very obvious, robertl and saltedfish are same gang? salted fish said he sold yesterday, then because of his ego, he attacked hevea again with a crap article
that happened too when hevea dropped from 1.30 to 1.10, no article was seen, because saltedfish/ robertl was buying hevea, and they were trading and trying to create panic again to pocket second round, go fly kite
2016-02-18 15:12 | Report Abuse
it is very obvious, robertl and saltedfish are same gang? salted fish said he sold yesterday, then because of his ego, he attacked hevea again with a crap article
that happened too when hevea dropped from 1.30 to 1.10, no article was seen, because saltedfish/ robertl was buying hevea, and they were trading and trying to create panic again to pocket second round, go fly kite
2016-02-15 15:39 | Report Abuse
I guess u can buy after QR but will be above RM3.20 already hahaha
2016-02-15 15:25 | Report Abuse
suddenly calvintan promote all his counters because he is stucked! haahhaha
2016-02-15 14:40 | Report Abuse
rerating has just started! don't wait, 2.90 is dirt cheap!
2016-02-15 12:04 | Report Abuse
cause I reposted tripleiii's comment, I found out this robertl and this new guys have the same behavior, think they are from the same gang
2016-02-15 12:04 | Report Abuse
TOLD YOU, he deleted my posting, see!
2016-02-15 11:13 | Report Abuse
he will surely remove my post after I posted this link , watchout
2016-02-15 11:09 | Report Abuse
when people mentioned his name here he removed and report abuse, funny
2016-02-15 09:37 | Report Abuse
stop creating rumours, if not sc will definitely check you on bonus issue, anyway supermax will go up
2016-02-14 20:55 | Report Abuse
Lol don create fake rumour, supermax dont need bonus issue to send the stock to rm4
2016-02-13 08:13 | Report Abuse
Nuts keurig and dyson both increased not down
2016-02-12 21:32 | Report Abuse
Bank? U seriously joking? Banks over the whole got hit like shxt only malaysia hero bank are saved, time to load hevea and supermax
2016-02-12 14:21 | Report Abuse
Silly, at current price assuming usd rm4, u are buying at pe of 8x, that is a whopping discount, the reason of the sell down because of ooi tek bee and koon yewyin, a not steady investor that wanna profit buy and sell, look at other exporters, power root, oriental food, pie (doing ems like vs and eg), scientex, did they fall like this? U guys need to know who created the fear and stop following the 2 guys if u donwan such things happen to ur counter next time
2016-02-12 12:43 | Report Abuse
Silly investors ringgit down sell gloves up also sell gloves, really nuts
2016-02-12 10:12 | Report Abuse
Only sorhais like koon yew yin sell exporters now by right he should buy ringgit 4.17 again, what on earth, mad world
2016-02-12 09:48 | Report Abuse
margin call, koon yew yin a silly seasoned investor
2016-02-11 10:41 | Report Abuse
Heard koo yew yin is selling flb and vs, thats why it crashed, wait him get out first then buy
2016-02-10 13:23 | Report Abuse
Jokers supermax dont benefit much from forex gain, mr stanley thai told that last year
2016-02-09 20:23 | Report Abuse
Usd was 4.15 during october, some stocks are lower than october levels! Doesnt make sense at all like kossan, dont be silly to sell at low
2016-02-09 17:49 | Report Abuse
A bs article, if u want growth, exports is the way to go some of them will experience a boom in their volume sales, focus on them
2016-02-08 22:19 | Report Abuse
Best time to load supermax exporters are goinng to rebound, earnings gonna jump!
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2016-02-27 15:46 | Report Abuse
Either alpha trader or kai don need to hear them bullshit they are just opportunist, look at the prospect of the company u will find info there whether u wanna buy supermax or not, 4c dividend not to bad?