Been dropping until cannot find its way home and supporters can still be so happy. Soon after the QR released, everyone will see these supporters hiding in the cave again. Btw, if you had done your homework, you should already know that the QR is not so good yet.
Wow... Supermax turnaround from loss to profit, haven't included the additional Forex Gain of RM47mil. My sifu is correct, this bomb is really very fantastic.
Quote: 25% tarrif to China. Hints for better future, I read.. In 2026 ________________________________ Traders can by-pass like a snap of finger---In Mexico, Huge American Co. are repacking everything to circumvent high Import Tax. They can say generic Glove from Malaysia, Thailand BUT never China--- Easily get 5% discount from China Suppliers
why avoid ? Supermax is cash +ve, Just buy and keep. should avoid those stock report high revenue with high receivable. you can buy 100 shares per day just to keep you busy.
Back to basic, this coming QR will still losing money, if based on forward eps 4x18, the fair value only 0.72, today closing 0.94, think about that..........
4 days ago ---------- unquote ------- today closing 0.895 !!!
What has the cash got to do with you? From buying luxurious condo, private jet to every single damn thing, you still do not get rewarded. Just a 2 cents of it, with the wild expansion to syphon money, keep reporting loss, and you shall see if the reserved cash justified. But of course, this is just an assumption.
A lot of catching up to do for sure hence potential upside compared to other glove counters is big. It is undervalued at the moment given all the internal board issues. It has been buying up treasury shares in abundance and heading towards RM1 is no issue. Range bound between 90-95sen before lift off.
As the industry recovers, the Group foresees the upward momentum will accelerate for Malaysian glove manufacturers with the high number of foreign manufacturers' gloves being included on the U.S. Food and Drug Administration (FDA)’s import alert list. Top Glove also anticipates amplified business opportunities in the U.S. market following the U.S. government’s impending imposition of steeply increased tariffs on medical gloves from China, making it unfeasible for Chinese glove manufacturers to continue exporting to the U.S. Customers from the U.S. are expected to start moving away from outsourcing orders to China ahead of year 2026 when tariffs take effect,
When is Supermax going to get rid of their Investor Relation officer, if they have one or get a good effective one if they have none at the moment. There’s no one telling the Supermax story as its CEO seems to be MIA or not visionary enough. Can’t even put up a decent website!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
5231428
580 posts
Posted by 5231428 > 1 month ago | Report Abuse
QR out by these week.