I think BWC is lonely ..... he just need attention. poor guy.

Woh reach 1.14 !! ........................ hot on fire !!

At least 1.25, target 1.50 and more !! just let the profit run ........

Penta engine start again ..... vroom vroom.

Woh 69 sen aldy ....... can go for 70 sen today.

Investor, u are following BWC who don't dare to give projection and make baseless claims which cannot be substantiated. Good luck to u.

BWC, u are avoiding the discussion. This insinuate u have nothing to substantiate your baseless claims. I rest my case.

Staying strong .... good.

BWC ,since u don't give projection, pls elaborate the costs and competition headwinds to substantiate your claim.
If we can infer from Harta latest Jun qtr result, the costs and competition headwinds certainly does not have much impact as Harta Jun and Mac qtr revenue and profit is about the same.
So I would expect the costs and competition headwinds as claimed by u would not have much impact on Supermax.
Under such circumstances, and with the (1) the capacity increase for new Nitrile lines (2) resume of Lahat Ipoh production line with more productive and efficient line, it is very highly that Supermax produce EPS of 5 sen and more
(pls note that exclude the provision tax adjustment for around RM 8 mil (1.17 sen) the EPS for Supermax Mar quarter is 4.11 sen)

Aiyah Investo .... I no gang lah. If I want to gang I will gang with weng77, but he/she don't come here anymore. so sad.

Chun chun close at 68 sen ... should have ask for more maybe.

biggestprofit, u don't shout because u are the biggest idiot who miss the boat !

Yes your english is good, your big picture is good ..... but just not good enough for u to come up with a projection. Hehe

Look like you have no confidence in your own convictions.

I am sure your record is good and I am sure u could give a very good projection. So don't be shy ... pls give your projection, many of your fans want to know also.

BWC pls give your projection, see who is right?

Nevertheless I am expecting EPS of at least 5 sen coming ......... stay tuned, good show coming by month end !

Supermax is sinking with u guys quarreling, as usual. Never mind, I am waiting at 2.10. See whether kai T4 power is really good or not.

Hey .. where are the other supporters? Why only I shouting here? Eh ... go to c3 alrdy? ....hoh.

I have an idea .... why don't u guys project the coming qtr EPS and see who is better at the end of the month, no need to fight endlessly. Dare to take the challenge?

Full power on ...... vroom vroom !

reverse in motion .....

68 sen !!! woh

Yeah ...T4 go back to 2.20 or even 2.10 for bargain hunting! I am waiting .......

go for 68 sen today ...

mmsv explode !!! go .................. go ........................

7.86 ... strong !!!

Moving forward slowly but steady ... good.

Wait for bargain hunting.

Back to 2.20 first.

profit taking time.

Fong Siling 冷眼 hold 1.2 million warrant, the 7th largest wa share holder.
7 RHB CAPITAL NOMINEES (TEMPATAN) SDN BHDPLEDGED SECURITIES ACCOUNT FOR FONG SILING (CEB) 1,200,000 1.54

This giant will wake up, latest by the time 3rd qtr report out in Nov 2016, and will wake up big time. Patience will be rewarded handsomely.

Staying strong ... good.

Expect re-rating to buy after qtr report.

Back to RM3 and above ........

Good job weng77.

Posted by weng77 > May 28, 2016 10:40 AM | Report Abuse

What to looking forward for current Q since most of the negative factors has been factor in at last Q and stock price.

1. Capacity increase for new Nitrile line...
New additional line capacity have not reflected in last quarter.

4 double former lines (1.1b pieces) expected Feb-Mar 2016,
4 double former lines (1.1b pieces) expected April 2016, and
4 double former lines (1.1b pieces) expected by May 2016.

2. Resume of Lahat Ipoh production line with more productive and efficient line..190 mil cap (2.2 bil ) latex glove back to production

3. ASP has bottom and price war is over in Q1'16 and ASP has been increased in Q2'16

4. USD to RM has rebound from 3.9 in Mar to RM 4.09 - could weaken further after yesterday comment , Interest hike for US in June is very likely..

http://in.reuters.com/article/us-usa-fed-yellen-idINKCN0YI1TX

Sell share when all the good factors has been reflected in and buy when worst is over and negative factors has been reflected in share price at the same time good factors surface and stock price not price in yet... Happy Investing... IMO.

Most of the glove stock has double their price after they realize the capacity increased last year except Supermx only adjust from RM 2.00 to RM 2.57 (dropped from RM 3.5) with more capacity realize in 2016.

Posted by weng77 > May 28, 2016 10:39 AM | Report Abuse

There is another abnormal event in upgrading Lahat Ipoh which cause reduce in output and capacity loss..

Some info about the old plant at Ipoh, Upgrading the plant to increase automation and reduce labour before the minimum wages take place second half of the year..

http://www.maxwell.my/html/manufacturing.html

Current capacity at Lahat Ipoh latex glove plant - 190 mil per month or 2.2 bil per year,
New Nitrile capacity added at new plant 10 & 11 is 2.2 bil in Quarter sep'15.

This quarter capacity has reduced by around 12% compare to last Q and Flat with last year due to new capacity has offset production loss in Lahat Ipoh plant.. Revenue flat compare to last year.
Compare to last Q , 12 % reduce revenue could be due to lower output with shutdown few line at Lahat plant but 10% reduce revenue due to lower ASP...ASP started to rebound at current Q as reported by Maybank Invest with 5 % MOM in May...

Posted by weng77 > May 28, 2016 10:39 AM | Report Abuse

Every year there is provision tax adjustment for around RM 8 mil at quarter end Dec.
This year the tax adjustment has delay to Mar quarter and reduce the net earning by RM 8 mil which translate to 1.17 EPS lower event. Exclude 1.17 cents extra charge this Q, The Earning per share is 4.11 cents...

You can refer to earning report for Dec for the past 2 year to understand this one time adjustment which has reduced the net earning per share to Dec due to high tax adjustment

Hope this help to explain higher profit before tax and lower net profit tax due to delay in reporting of provision tax.. FY End will change from Dec to June, some adjustment for report tax to this Q. IMO.

looking good ....

Back to 2.10

Take profit, don't get trapped.

Showing positive sign ...

Stabilising ..... good.

time to take profit!

No power liao.

Back to 63 sen ....

Good show penta.

Slowly climb up ...