Currently, I believe only Blackrock and The Vanguard is actively trading in Supermax.

If promoted to AA - ESG Leader, I believe more foreign fund to join in :))

MSCI ESG Ratings:- https://www.msci.com/esg-ratings/issuer/supermax-corporation-berhad/IID000000002185348

Surprisingly, I found Supermax ESG ratings from MSCI is graded A, above average on par with Hartalega and better than TG and Kossan.

That's was ESG ratings methodology for FBM EMAS from FTSE Rusell

Here:- https://www.bursamalaysia.com/sites/5d809dcf39fba22790cad230/assets/5f30cfff5b711a0bfc0d8a01/ESG_Ratings_of_PLCs_assessed_by_FTSE_Russell_n_Index_Constituents_June2020.pdf

This is good. Hopefully Supermax can improve it's ESG ratings by next review... it's one of the key indicator to bring in foreign fund.

i3 chat is combined of gloves forum without teamrocket plus photo attachable platform lol

roti canai

RM29mil opening traded... buy vs sell

No point to dual listings as already has internal fund, unless have a proper big expansion plan

The Board of Directors (“Board”) of Top Glove Corporation Berhad (“Top Glove” or "Company”) wishes to inform that the Company is evaluating a dual primary listing on the HKEX (“Proposed HKEX Listing”).



The Proposed HKEX Listing is still at a preliminary stage and the structure of the Proposed HKEX Listing has not been finalised. More details in relation to the Proposed HKEX Listing will be made available in due course, if and when the Board finalises the plan for, and approves, the Proposed HKEX Listing.



The Proposed HKEX Listing, if undertaken, will enable Top Glove to be present in a larger, more active and liquid stock exchange, enlarge and diversify its investor base, and also provide an alternate and larger fund raising platform to support the Company’s future growth strategy.



The Proposed HKEX Listing will also be subject to approvals from all the relevant authorities in Malaysia, Singapore, Hong Kong and other applicable jurisdictions as well as approval from the Company’s shareholders.



The Board will disseminate any material information in relation to the Proposed HKEX Listing to the public via announcements on Bursa Malaysia Securities Berhad (“Bursa Securities”) and Singapore Exchange Securities Trading Limited (“Singapore Exchange”) in accordance with the Main Market Listing Requirements of Bursa Securities and Mainboard Rules of Singapore Exchange respectively.



This announcement is dated 12 October 2020.



This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in any jurisdiction.

Rally for Q2FY21 started, forecast range between RM9.53 - RM13.01.

Oct 6, 2020 11:01 PM | Report Abuse

Look forward. Hold tight and we are rallying for double digit share price in 3months!

Stock: [SUPERMX]: SUPERMAX CORP BHD

Oct 6, 2020 3:38 PM | Report Abuse

FY20Q3 ending March reported NP of RM71mil, Share price at RM1.69 and P/E 16.30 (historical 2-years mean PE 16.85) on 31/03/2020.

FY20Q4 ending June reported NP of RM400mil, Share price at RM8.00 and P/E 20.71 (historical 2-years mean PE 22.48) on 30/06/2020.

FY21Q1 ending September projected NP of RM845mil, Share price at RM8.42 and P/E 17.01 (historical 2-years mean PE 19.28) on 30/09/2020.

FY21Q2 ending December projected NP of RM_ _ _ _mil, Share price at RM_ _._ _ and P/E 16.09 (historical 2-years mean PE 19.16) on 31/12/2020.

Fill in the blank, hold and be rewarded 3 months later :))

too much convenience store.

results leaked!

Over the past 6months, Supermax has picked up on company's book value, it's now more or less on par with Kossan around RM1.5Bil.

Kossan Market Cap = RM18,800Mil
Kossan EPS for T4Q = 11.96
Supermax EPS for T4Q = 19.32

Supermax fair Market Cap = 19.32 / 11.96 * RM18,800Mil = RM30,396Mil

Transalated to Share price = RM30,396Mil / 2,721Mil = RM11.17#

hahaha... it's fun lah play with him :))

Your maths failed. 103,200-100,000=3,200
How can 45 (46-1) seller queue 3,200 unit in board market?

Tomorrow, smart Investor will sell Kossan and buy into Supermax as earnings is doubled of Kossan. Kyy next post.

Look at the shipment tab, some subsidiaries even distributing the isolation gown.

https://www.importgenius.com/importers/supermax-healthcare-canada-inc

Why scared of CWs expiry? This is so misleading, not every time CW expiry, underlying share price will drop!!!

There's only 8300lots of C78 not held by Kenanga by 1st Oct. How much he can press?

If you check yesterday trade details, total buy value is RM168mil, total sell value is RM189mil, outflow of RM21mil but the share price is increasing c. 4%.

collect now, you won't get lower!!!

Share price always run ahead earnings and we are rallying for double digit share price in 3months! Hold tight and you can treat your beloved RM460 burger :))

Stock: [SUPERMX]: SUPERMAX CORP BHD

Oct 6, 2020 3:38 PM | Report Abuse

FY20Q3 ending March reported NP of RM71mil, Share price at RM1.69 and P/E 16.30 (historical 2-years mean PE 16.85) on 31/03/2020.

FY20Q4 ending June reported NP of RM400mil, Share price at RM8.00 and P/E 20.71 (historical 2-years mean PE 22.48) on 30/06/2020.

FY21Q1 ending September projected NP of RM845mil, Share price at RM8.42 and P/E 17.01 (historical 2-years mean PE 19.28) on 30/09/2020.

FY21Q2 ending December projected NP of RM_ _ _ _mil, Share price at RM_ _._ _ and P/E 16.09 (historical 2-years mean PE 19.16) on 31/12/2020.

Fill in the blank, hold and be rewarded 3 months later.

PAT RM250mil, 40% dividend policy, dividend payout=RM100mil.
DPS=100,000/6,088,200=0.016, dividend yield=1%

Buy glove better, higher DY even post covid :))

Yes, if RM1.20 might interested to subscribe.

Look forward. Hold tight and we are rallying for double digit share price in 3months!

Stock: [SUPERMX]: SUPERMAX CORP BHD

Oct 6, 2020 3:38 PM | Report Abuse

FY20Q3 ending March reported NP of RM71mil, Share price at RM1.69 and P/E 16.30 (historical 2-years mean PE 16.85) on 31/03/2020.

FY20Q4 ending June reported NP of RM400mil, Share price at RM8.00 and P/E 20.71 (historical 2-years mean PE 22.48) on 30/06/2020.

FY21Q1 ending September projected NP of RM845mil, Share price at RM8.42 and P/E 17.01 (historical 2-years mean PE 19.28) on 30/09/2020.

FY21Q2 ending December projected NP of RM_ _ _ _mil, Share price at RM_ _._ _ and P/E 16.09 (historical 2-years mean PE 19.16) on 31/12/2020.

Fill in the blank, hold and be rewarded 3 months later :))

Good company, but RM1.60 too much, already P/E 30.

We refer to the above mentioned article which appeared in The Edge Markets on 05 October 2020 titled “Prolexus unveils its ProX™ anti-virus technology, claimed to inactivate >99% SARS-CoV-2".



The Company wishes to inform that the Group had started manufacturing of reusable fabric face mask (“mask”) since March 2020. The manufacturing of mask provides a perfect complement to the existing core business in the manufacturing of apparels. At the same time the Group could leverage on optimising existing production facilities and resources efficiently to generate a stable revenue stream for the Group. The Group’s ProX™ anti-virus technology which inactivates bacteria and viruses, including >99% SARS-CoV-2 had been tested locally and internationally.



As mentioned in the Company’s 4th quarter interim report for the financial year ended 31 July 2020, the manufacturing of mask had cushioned the decline in revenue arising from delay in delivery of apparel orders due to the Movement Control Order in Malaysia. It had contributed to 33% of the Group’s total revenue.



The Company is cautiously optimistic that this will contribute positively to the Group’s revenue for the financial year ending 31 July 2021 as the demand of reusable fabric face mask is expected to increase as wearing a mask has become the new norm.



Nevertheless, the Group shall continue to enhance and improve the research and development, production and sale of the reusable fabric face masks and other related products in the forthcoming year. This is also part of the Group's Corporate Social Responsibility initiative as the reusable masks enhance public safety and is environmental friendly.



This announcement is dated 06 October 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3094047

FY20Q3 ending March reported NP of RM71mil, Share price at RM1.69 and P/E 16.30 (historical 2-years mean PE 16.85) on 31/03/2020.

FY20Q4 ending June reported NP of RM400mil, Share price at RM8.00 and P/E 20.71 (historical 2-years mean PE 22.48) on 30/06/2020.

FY21Q1 ending September projected NP of RM845mil, Share price at RM8.42 and P/E 17.01 (historical 2-years mean PE 19.28) on 30/09/2020.

FY21Q2 ending December projected NP of RM_ _ _ _mil, Share price at RM_ _._ _ and P/E 16.09 (historical 2-years mean PE 19.16) on 31/12/2020.

Fill in the blank, hold and be rewarded 3 months later :))

Q1FY21 Projection:-

Manufacturing 1,609,157
Trading 1,327,555
Others 7,434
Eliminations -1,283,303
Consolidated Revenue 1,660,843
Operating Expenses 597,603
Share of profit of associate 19,533
PBT 1,172,609
Tax 257,974
PAT 844,563 #

Jul-Sept will be delivering order that received 16/04 onward where manufacturing asp at USD70.

Rally range for next 3 months ending December: RM8.40 - RM12.00

Hello backers, (Français ci-dessous)

Ok, I think we have it now!

Last week we received 20 “Prototype Release 5” masks. It looks like the majority of them will worked nicely, but 1 in 4 still had some issues with the silicon lining. After a day of in-depth investigation, we were able to track-down the root-cause to an algorithm switch that was readily adjusted. Everything now looks great, so we are sending a last order for waterjet cutting. By the end of next week, we should know for sure that all is good, and the week after we will start producing and shipping masks for our Kickstarter Backers. Woohoo!

In the end, it will have taken us 6 months to go from an initial concept to a ground-breaking and raising-the-bar mask that will forever change the face (!) of personal protective equipment. In that timespan we’ve:

- Learned a whole lot about mask design and concepts, from filtering material to strapping systems, from sterilization processes to CO2 and water buildup.

- Created a brand-new air-tight-yet-easy-to-remove-and-replace filter-cartridge system.

- Designed an innovative accessory to conduct non-destructive quantitative fit-testing.

- Faced and conquered countless sourcing, logistical, commercial, and legal challenges.

- Last but not least, dramatically improved our already state-of-the-art, patent-pending set of algorithms, tools and procedures, including the integration of two new artificial intelligence modules and the development of an app to simplify taking and sending face scans from more devices.

Stay tuned for coming instructions to (at last!) receive your masks.

Thanks again for your support!

Jonathan

---

nope, it's all cleared.

Can push up to RM10 ah? Much appreciate

RM9.30 at P/E 18.06 by factor in next qr, still way below 19.28 < 22.44 < 37.45 < 69.62

Oct 4, 2020 9:44 PM | Report Abuse

A fair valuation and risk analysis on current share price of Supermax.
P/E (TTM):-
Supermax 46.48
FBM KLCI 22.44
Health Care 69.62

-Current risk free rate of M'sia=2.67
Fair P/E for stock market justifiable at 37.45 (100/2.67)
http://www.market-risk-premia.com/my.html

-Historically, average of T4Q P/E during 30th Sep at 19.28 after factor in the Jul-Sep quarter results. Too sad, expected Supermax share price to be at these level during 30th Sep 2020 but it not happend.

-Estimated FY21Q1 PAT at RM900Mil, EPS=0.515, T4Q P/E=17.44.
17.44 < 19.28 < 22.44 < 37.45 < 69.62

I believe we are in a low risk zone and will be rewarded very soon.

Who is this aveo store from Korea? Subsidiary from Supermax or independent distributor? lol

Yea, income from distribution stream has been underestimated.

Rally began!

Oct 4, 2020 9:13 PM | Report Abuse

During 2009 H1N1 influenza pandemic, Supermax released the quarter report ending September on 15/10/2009, probably FY21Q1 quarter result ending September will release early too, rally will begin as soon as next week, I hope.

A fair valuation and risk analysis on current share price of Supermax.
P/E (TTM):-
Supermax 46.48
FBM KLCI 22.44
Health Care 69.62

-Current risk free rate of M'sia=2.67
Fair P/E for stock market justifiable at 37.45 (100/2.67)
http://www.market-risk-premia.com/my.html

-Historically, average of T4Q P/E during 30th Sep at 19.28 after factor in the Jul-Sep quarter results. Too sad, expected Supermax share price to be at these level during 30th Sep 2020 but it not happend.

-Estimated FY21Q1 PAT at RM900Mil, EPS=0.515, T4Q P/E=17.44.
17.44 < 19.28 < 22.44 < 37.45 < 69.62

I believe we are in a low risk zone and will be rewarded very soon.

During 2009 H1N1 influenza pandemic, Supermax released the quarter report ending September on 15/10/2009, probably FY21Q1 quarter result ending September will release early too, rally will begin as soon as next week, I hope.

Why not use your time to educate investors to buy on future value of a stock.

Did you ever noticed that you are the one that indirectly "helping" IBs in market making. Your daily complains on CWs "educating" the investors to let go their holding prior to CWs expiry.

At least we have some rational investors here like SK1008 and Targeted. Be a rational investor rather than a blamer.

@tallman seem like pro trader, I can't time in accurately :(

I mean how undervalued Supermax is lol

Aiya, don't talk about IBs repeatly lah, we talk more on how undervalued it is. In front of earnings, paper cannot cover the fire.

@morpheus61, please assist us to write in a letter to SC ask them request the IBs to disclose any market making activities daily :))