if you interested to read more details in mandarin, here's an article on its lens construction...

http://www.enanyang.my/news/20181225/%e5%b9%b3%e4%bb%b7%e6%97%a5%e6%8a%9b%e5%9e%8b%e9%9a%90%e5%bd%a2%e7%9c%bc%e9%95%9c-%e7%9b%b4%e6%8e%a5%e9%80%81%e4%b8%8a%e9%97%a8/?fbclid=IwAR0n3JWt4G6buPWIiH-vEgYgr2h5J5TJK5GnDyathoWEOOc1lC-TMFMmAxA

The other day someone mentioned about lasik being a competitor threat to this business... Latest casualty Jessica commited suicide after lasik complication surgery... surgery procedure always carry risk... who says this is a zero risk thing... nobody want operation on the eye if possible...

https://www.freep.com/story/money/business/2018/12/18/meteorologist-jessica-starr-suicide-lasik-questions/2335467002/

Dow, Nasdaq and S&P already done 3 gap down... the 4th one (if it happens) will be good buying opportunity if you can access US market... expect a reversal candle on the 4th gap candle..

If u look at singapore index... its doing higher low. Not lower low... bottom forming...

Wed dow will break new low then pullback to form hammer.. lol... US bankers all ready after christmas... after instructions from Mnuchin...

aiyo... u remember when we were young and have to sing rukun negara... taat setia kepada... etc... when we need to do that, everyone only remembers berdiri tegak... standing straight... now he already learn shooting star (standing straight) from TA expert, scare him already.. he where got dare to touch... after watching the action of the powerful shooting star

@raja, you can slowly munch some too... if you are interested in keeping some mother shares... else, if you want C... need to ask TA sifu Charles... he has good eye on those Cs...

aiyo... from the volume so low, inv banker already kill most... plunge or don't plunge on 31 does not matter to them... think they already hedge enuff in mother share...

oh ya... 5 days to trading days already issit? C40 must sell by today right?

u quickly take profit on Friday... then when plunge on 31, pick another c... as long as not C40...

nolar.. after bonus is 2.70 to 3.70 :)

quote:- the above stats is price before without split... the percentage is the same if I convert the chart to with split...

ok, here's some statistic taken from superman yearly candlestick in 2003-2004 and 2009-2010. Both situation in 2003 and 2009 close the year high.... followed by a year high before closing as shooting star... but it's interesting is that once the year is close high the next year has a chance to go for 70% to 118% of the first year gain... for example:-
2003
1.59 - 3.54 - 1.95 (difference in first year)
3.54 - 5.85 - 2.31 (118%)

2010
0.81 - 4.69 - 3.88 (difference in first year)
4.72 - 7.45 - 2.73 (70%)

2018 examples
2.01 - 4.00 - 2 (difference in first year)
4.00 - 5.4->6.36 (70% to 118%)

2.01 - 4.5 - 2.49
4.50 - 6.243->7.44 (70% to 118%) - close to multiyear high achieved in 2010

2.01 - 4.3 - 2.29
4.3 - 5.9->7.0 (70% to 118%)

lets see where it closes in 2018... then we can project for next year... either next year as a full candle or a shooting star, but still it has a good chance of making another high...

my target for 2019 - 5.4 to 7.4....

@raja, depending on your play... if your holding cost is low, and if you think it's a good company to grow... then every dip can just top up... i already run out of capital... so here join in to talk cock only...

wah, this counter wants to work hard to close the year 4++?... else if below 4... looks scary like a shooting star on yearly candlestick basis....

oh ya, haven't noticed this... Gamuda already had 3 gaps down... so should be good to fill the first gap... to 3.20... yummy

lol, buy low at 2.30... wow, top TA tip of the year...

don't worry .... market will help soon...
https://www.bloomberg.com/news/articles/2018-12-23/mnuchin-called-top-u-s-bank-executives-about-market-stability?srnd=premium
https://www.reuters.com/article/us-usa-treasury/top-trump-official-calls-bankers-will-convene-plunge-protection-team-idUSKCN1OM0LJ

ever heard about PPT? Plunge protection team? they are here to help soon...
https://www.investopedia.com/terms/p/plunge-protection-team.asp

actually Charles, you are pretty good TA guy as well... that's what I noticed...

yes agree, especially AA might close the gap... to 3.10...

aiyoyo... later the young lady also become old lady already...

you get ready ur song already for next year AGM?

shh... this time we chiak kar liao... don't tell others...

CharlesT Those invested in other 3 kings for long term chiak beh liao...sure wanna bet some on supermax now

wild guess, either after ex target 1.80 or 2.20.... haha pick one...

today considered 3 white soldiers?

lol, you can sing during AGM next year... both are there... :), i was there, but not like you so courage to sing...

CharlesT I wish i can sing birthday sing to thai's daughter one day in future...after my supermax's value becomes rm million

Buy now, now cheaper than 2....

SUPERMX - Notice of Bonus Entitlement
https://www.klsescreener.com/v2/announcements/view/28977984

@Charles, yes yes... i also munching some genting following u... although talking there is another story.... here more peaceful...

here's an article, the singapore lens maker trying to sue malaysia... but cannot.. bcoz superman uses technology similar to top 4 makers in the world as compared to SG's old tech...
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=74257&name=EA_GA_ATTACHMENTS
"Spincasting technology is very manual and labour intensive whereas the Cast Moulding Technology utilized by SVO is highly automated and operated by robotic mechanism. "

that explains 300 staffs vs 60 staffs...

interested to know how they close by end of year... yearly candle... looking at the Dow jones, it's a shooting star for 2018 so far... scary... superman needs to close higher, else it's like half look like shooting star (scary) or half look like (i dont know)...

Lucky they give contact lens to foreign fund managers, now can see clearly and HD vision...

would prefer 3 white soldiers with gaps...

Not sure... if it rallies from here to 4... no chance... from my stats last time.. highest is 30%... if 30% then 4.30 right b4 ex...

EX-date 03 Jan 2019
Entitlement date 07 Jan 2019
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description Bonus issue of up to 680,154,880 new ordinary shares in Supermax Corporation Berhad ("Supermax") ("Supermax Share(s)") ("Bonus Shares(s)") on the basis of 1 Bonus Share for every 1 existing Supermax Share

Bonus issue announced... 7 jan entitlement... 3 jan ex date

Santa Fed is coming to town tonight....

haha, what were you doing when prices come down and not talk cock?

a-b-c correction? 4.08 to 3.42 as a, b from 3.42 to 3.83, c from 3.83 to 3.16.... turning point around the corner...

investment banker very smart, give no chance to C40 holders....

Charles, market so nervous about the Fed rate decision on Wednesday...

BAT can keep on achieve 20 30% growth or not?

5354_ Profit lower than BAT why can become CI member and market cap 40% higher?

Thanks raja...

what happen to VS industry?

i already said, for this one I am buy and hold... so that's why method different...

the more u study, later can confer you Dr/prof Charles...
https://www.clspectrum.com/issues/2006/march-2006/comparing-hydrogel-and-silicone-hydrogels
Aveo is hydrogel having 36 Dk/t, similar to Proclear... while those like silicone hydrogel have higer Dk/t but at the expense of comfort...

"Clearly the key to contact lens comfort is not as simple as high Dk/t alone. Comfort is a more complex equation which deserves further scientific clarification. Meanwhile, practitioners should realize that despite the buzz surrounding silicone hydrogel materials, omafilcon A remains a proven benchmark for daily wear lens comfort, possibly for many years to come. "

What Aveo gives is a Proclear, at a affordable price point, plus some technology to make the wearing better... plus made by robot...
https://www.aveovision.my/our-lenses
here's their specification...

here if you keen to read on some clinical studies done in 2000 for the symptom of dry eye and biocompatibility of various lens... Proclear (by coopervision) which use Omafilcon,

"Omafilcon A is classified by the FDA as a Group 2 material, and in 1998 Proclear and Proclear Compatibles were the first lenses to be cleared by the FDA for patients with mild to moderate dry eye."

https://www.clspectrum.com/issues/2000/december-2000/clinical-performance-of-monthly-lens-and-patient-c

Charles, here's some info if you like to know about their products...
https://www.instagram.com/aveovision/?hl=en
https://www.instagram.com/aveovision_korea/?hl=en
https://blog.naver.com/cando1111

for some you need to use the google translate... but if it's too cumbersome, think US customers data are a first.. most pple experience more than 12 hours of hydrated performance in the Aveo lens...
In Korea, pple usually go for bausch & lomb simply because of price point, but they usually last 4 to 5 hours of hydration before u need to put in artificial solution... some of the photos you will be shocked at how many guys are lining up to get the free samples in Korea... there are just so many glass wearing pple in the world... and in Japan, Korea and China, now the guys want to look good...

Aveo uses Omafilcon which is biocompatible with the eyes. It was a patented technology by Coopervision but has since expired... so Aveo uses the best of the solution, but offer at affordable range... with added technology in the design to retain the water better... etc... Of course Coopervision has other invention in lens but they come at very high price point... for most pple a daily disposable with good hydrated performance is good enuff....

In Asia, we are always buying weekly or monthly. They are cumbersome as you need to bring the solution everywhere to keep your eyes hydrated... due to the price point...
Now the time is to offer dailies at affordable price... why not...

As long as their main brand is marketed well and kept going, it's easier to offer other specialty lens. the next few months of offering the specialty lens will improve their margin significantly... example toric etc...

Charles, someone put up the powerpoint during the agm in a blog. The numbers there very clear. Lens market growing how much per year etc... just need time to read. Of course there are some who go for lasik, but for a party night out, u can just wear a colour lens and after party throw away, isnt it simple...

Diu, lasik. U think i dont know. Within 2 weeks after surgery u better make sure u protect ur eyes kaw kaw.. any infection or kena water or strong sunlight, u cry for the rest of ur life...