Blog: Why is Calvin Tan Research SO BULLISH ON SUPERMAX'S PROSPECTS? See the Facts & Figures Yourselves with Eyes BIG BIG WIDE OPEN!!

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11 comment(s). Last comment by calvintaneng 2020-06-24 12:36

freetospeak

5,867 posts

Posted by freetospeak > 2020-06-16 10:06 | Report Abuse

To complement Calvin sifu comparision.


Supermax monthly profit is about 10 million (30m/3) precovd.
Let assume

Jan profit 10 x20% = 12 mil
Feb = 12 x 20% = 15 mil
March profit = 71 -27 = 44 mil

Huge increase of precovid of 10 m = 44 mil = 440% increase

It cannot be incresae in volume becoz of covid lockdown.
So the 440% would be the effect of increase in ASP. Which i assume is massive spot order n OBM non-lock in price decision by maangement.

U can try compare all gloves company from jan to mar. Only supermax record a mom 400% increase in profit.
This pull supermax margin from 9% precovid to 15 % within 1 month

enigmatic ¯\_(ツ)_/¯

919 posts

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-06-16 10:07 | Report Abuse

So you realised netx is doomed and hopped on OTB's bandwagon eh?

calvintaneng

56,835 posts

Posted by calvintaneng > 2020-06-16 10:28 | Report Abuse

Hahaha

Netx is perfectly ok

Netx will have the last laugh one day

And he who laugh last laughs the loudest !

calvintaneng

56,835 posts

Posted by calvintaneng > 2020-06-16 10:41 | Report Abuse

Sifu Kim or freetospeak is the real Sifu on Supermax

I think kossan also reported till March 31st

So kossan another hidden gem

Eastspring Investment Fund is also in Top 30 of Kossan

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 12:43 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 12:44 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 12:47 |

Post removed.Why?

Mikecyc

47,016 posts

Posted by Mikecyc > 2020-06-16 12:48 | Report Abuse

FY20 Q1 is Loss RM ( 4.9 million ) , RM 0.5 million is Loss as compensation to ESOS share-based to employees . No wander frequently issue ESOS .

What happened to the PP subscribers , eg : Macquarie whom subscribed at 3.9 sen ? compensation also ?

calvintaneng

56,835 posts

Posted by calvintaneng > 2020-06-16 14:39 | Report Abuse

Mikecyc is a psyco of little purpose in life

Got do something positive or you are finished

patrick8

334 posts

Posted by patrick8 > 2020-06-18 20:24 | Report Abuse

Calvin, many investors are spooked by the recent selldown of glove shares, especially Top Gloves. Whats your take on this softening? Need your expert opinion.

calvintaneng

56,835 posts

Posted by calvintaneng > 2020-06-24 12:36 | Report Abuse

Just saw your post patrick8

Short term volatile

Longer term very good

So invest longer term

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