Posted by ToneeFa > 2021-07-01 21:25 | Report Abuse

@oldbeginner RSS should be stopped. I’m not sure who are the short sellers are but by looking at everyday transaction , foreigners are the net sellers almost everyday .If they are the short sellers , thus is not good for our country at all. RSS is good if country Is strong and bullish . But our country economy is not strong at all . RSS will damage our economy more if they (foreigners) are profiteering from it. My 2 cents.
01/07/2021 9:14 PM

You sound like an old wise man. In bad time, shorties will make things even worse. Bursa really seriously need to suspend RSS for at least 6 months or till post pandemic, to allow the retailers to recover some ground, so that the market will become more sustainable in longer term, otherwise we will see more cases of base jumping without chute and hang gliding with the neck.

Posted by ToneeFa > 2021-07-01 21:30 | Report Abuse

@MoneyMakers Today saved by 7K cases, otherwise 3.2 definitely within range

Just keep poking holes into 3.3 floor, surely will collapse..Tomorrow continue gap down
01/07/2021 8:51 PM

MM, I like you confidence and certainly hope you are right, as u are aware of my TP 3.0 for the big buy. However, I m not so sure of your call of RM 500 mil net profit for coming QR. But I know you are very confident bcos you are willing to put your kuku on the chopping board.

Posted by ToneeFa > 2021-07-01 21:37 | Report Abuse

@NatsukoMishima Bankers want it at 5 year lowest price !
01/07/2021 9:14 PM

Extreme greed lor

Posted by oldbeginner > 2021-07-01 21:39 | Report Abuse

Toneefa , no point to explain to ppl who only see lower net profit or lower asp . All i know they are still making tonnes of money during this pandemic compares to other industries which are seriously affected by this covid. The money can do wonders …. Dividends , bonus , acquisition , diversification …. You name it , they can if they wanted to., while others are facing cash flow issue

Posted by Billboard > 2021-07-01 21:40 | Report Abuse

Hahaha
emco close doors to focus on gloves....

If glove factory cannot operate then shortage turn gloves to jewelry.....

If still can operate then becomes sole profit making centers....

Thirdly billions start falling from next week how not to huatttttt ah !!!

Posted by K-Den > 2021-07-01 21:41 | Report Abuse

it will never come back. i am staying at level 6, keep for cucu

Posted by ToneeFa > 2021-07-01 21:43 | Report Abuse

@https://www.theguardian.com/world/2021/jul/01/scientists-urge-uk-to-expand-official-list-of-covid-symptoms

UK Gov't trying to tamper with Covid cases numbers.

Posted by MoneyMakers > 2021-07-01 21:49 | Report Abuse

Tonee Lets get to 3.0 by next month QR..then another 15% drop (2.5) after QR 500Mil profit

Posted by pjseow > 2021-07-01 21:58 | Report Abuse

Moneymakers , you will lose this bet. No way the coming qtr profit will.goes down to rm 500 mil. Using a utilization of of 80 %, supermx can.still.make a billion lah. I also want to bet with you but bet with money . To be fair to you., we take the middle of 750 million. If more than 750 million, I win. If less than 750 million, you win. What about this bet ?

Posted by ToneeFa > 2021-07-01 22:00 | Report Abuse

@oldbeginner Toneefa , no point to explain to ppl who only see lower net profit or lower asp . All i know they are still making tonnes of money during this pandemic compares to other industries which are seriously affected by this covid. The money can do wonders …. Dividends , bonus , acquisition , diversification …. You name it , they can if they wanted to., while others are facing cash flow issue
01/07/2021 9:39 PM

Couldn't agree more with you. This pandemic still have some legs to go before its finally over. Meanwhile glove is still a big money churner.

Posted by Billboard > 2021-07-01 22:05 | Report Abuse

Coming quarter is favourable billions start pouring in glove companies AGMs if you search thru past years always fruitful quarters and given the current environmt sky maybe the limits

Congrats pj's u get it this time

Posted by ToneeFa > 2021-07-01 22:11 | Report Abuse

@pjseow Moneymakers , you will lose this bet. No way the coming qtr profit will.goes down to rm 500 mil. Using a utilization of of 80 %, supermx can.still.make a billion lah. I also want to bet with you but bet with money . To be fair to you., we take the middle of 750 million. If more than 750 million, I win. If less than 750 million, you win. What about this bet ?
01/07/2021 9:58 PM

Haha pjseow, always calculating. But I don't think MM will dare to take your bait. He is a chicken coz he dare not even acknowledge the bet he agreed on yesterday with me. Of course, he probably worry about losing his kuku now. At 750mil, its could be a close call, but you still have the slight edge if he dare to accept the challenge.

Posted by MoneyMakers > 2021-07-01 22:11 |

Post removed.Why?

Posted by Geek2020 > 2021-07-01 22:12 | Report Abuse

New Covid wave could be imminent as delta variant sweeps Europe, WHO says

Posted by Geek2020 > 2021-07-01 22:13 | Report Abuse

New Covid wave could be imminent as delta variant sweeps Europe, WHO says
https://www.cnbc.com/2021/07/01/new-covid-wave-has-arrived-in-europe-who-says.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Posted by pjseow > 2021-07-01 23:01 | Report Abuse

Moneymaker , can you read.Chinese? You read the following link . You can.understand the coming QR plus the subsequent QR will not be affected because of the lock in price. Remeber last QR supermx lost 330 million shipment due to meru plant shutdown but yet it made a profit of 1.080 billion. We expect some shipment losses in June due to the 60 % MCO requirement. Never mind lah , if you dont want to bet also fine. It is just for fun.

https://www.klsescreener.com/v2/news/view/826107

Posted by MC33 > 2021-07-01 23:06 | Report Abuse

Kudos to people who dare to put their money where their mouth is .

Posted by xiaomixiaohai > 2021-07-01 23:07 | Report Abuse

If it's so good such a golden bargain then why major shareholders not buying leh

Posted by pjseow > 2021-07-01 23:18 | Report Abuse

Toneefa, yes. the bet is 50 /50 . It is a fair bet and more exciting.
------------------------------
Haha pjseow, always calculating. But I don't think MM will dare to take your bait. He is a chicken coz he dare not even acknowledge the bet he agreed on yesterday with me. Of course, he probably worry about losing his kuku now. At 750mil, its could be a close call, but you still have the slight edge if he dare to accept the challenge.
01/07/2021 10:11 PM

Posted by MoneyMakers > 2021-07-01 23:27 | Report Abuse

Be realistic..If glovers not affected by latest ASPs b’coz price lock, then TG QR wouldnt drop 30% instantaneously

Supermx even more affected b’coz rely more on spot orders than TG

Just wait&see - only 20++ trading days away all will be revealed

Posted by Gordon Weng M.T > 2021-07-01 23:37 | Report Abuse

wow. SuperMax earned 1.3billion a quarter.. its good earning company

Posted by ToneeFa > 2021-07-02 00:39 | Report Abuse

@xiaomixiaohai If it's so good such a golden bargain then why major shareholders not buying leh
01/07/2021 11:07 PM

Good question and the answer is bcos of RSS.

Posted by ToneeFa > 2021-07-02 00:45 | Report Abuse

@MoneyMakers Pjs 500Mil is RHB’s expectation, not mine..Frankly 500Mil profit not impossible

1) TG ASP down 15% gave QR 30% drop..Supermx ASP down 20%-30% so should be more than 30% drop

2) 15% higher ASP can give 2x profits..conversely, 15% lower ASP can cut profit 50% (1/2)

Just relax wait&see 1 month left
01/07/2021 10:11 PM

MM, so do u believe next QR will be 500 mil or not ? Or are u just parroting RHB analyst forecast but do not believe in it,. just to spread misinfo and fearmongrelling.

Posted by ToneeFa > 2021-07-02 00:50 | Report Abuse

@pjseow Toneefa, yes. the bet is 50 /50 . It is a fair bet and more exciting.
------------------------------
Haha pjseow, always calculating. But I don't think MM will dare to take your bait. He is a chicken coz he dare not even acknowledge the bet he agreed on yesterday with me. Of course, he probably worry about losing his kuku now. At 750mil, its could be a close call, but you still have the slight edge if he dare to accept the challenge.
01/07/2021 11:18 PM

Haha...I think more than 50/50, I believe the PAT shall be closer to 850-900 mil.

Posted by monetary > 2021-07-02 07:33 | Report Abuse

Let's see 3.3 big blk still exist today. Let's put your Q at 3.31. Block the short covering. Wakaka....

Posted by Bgt 9963 > 2021-07-02 08:26 |

Post removed.Why?

Posted by Beary > 2021-07-02 08:50 | Report Abuse

https://www.nst.com.my/world/world/2021/07/704297/who-sounds-alarm-ove...

Told you so didn't I?

---------------------

Stock: [SUPERMX]: SUPERMAX CORP BHD

Jun 27, 2021 10:44 AM | Report Abuse

This is precisely the kind of behavior that will ensure the never ending demand for gloves for years to come.

You see it as negative for gloves, I see it as a positive.


gohkimhock wild celebrations at Rome right now after Italy had beaten Austria in the 2nd round UEFA EURO 2020. None of them are wearing gloves..
27/06/2021 5:41 AM

Posted by Beary > 2021-07-02 08:55 | Report Abuse

Hoping for TG and Harta to reach my average down level today.

They are not far away.

Posted by xiaomixiaohai > 2021-07-02 09:01 | Report Abuse

Glove maniacs praying for a white knight to save them but even major shareholders don't even buy a bit lol

Posted by skyu > 2021-07-02 09:04 | Report Abuse

does the gloves factory allowed to operate? would the tire 3 trafficking of human jeopardizing gloves again with sanction?

Posted by MoneyMakers > 2021-07-02 09:06 | Report Abuse

2nd day open below 3.3..lets see if can close lower today

The longer 3.3 holds, the harder the fall

Posted by MoneyMakers > 2021-07-02 09:11 | Report Abuse

July 1 - Exploitation of workers in the Malaysian medical glove industry has worsened during the COVID-19 pandemic, according to new research carried out by a partnership led by Newcastle University.

"The UK Government should use its purchasing power to address exploitation in supply chains more meaningfully. It should also put the prevention of forced labor abuses at the center of the planned Procurement Bill, which will set out the rules for the public sector", said Professor Hughes from Newcastle University's School of Geography, Politics and Sociology, who led the research.

Posted by bigfan01 > 2021-07-02 09:31 | Report Abuse

just to give u all warning that HARTA and KOSSAN almost reach their price pre covid time Mar 2020, will supermax and topglove be next ? ...
Buy at ur own cost !!!

Posted by invest_malaysia > 2021-07-02 09:35 | Report Abuse

OMG!!! Supermax back to pre covid price?

Posted by bigfan01 > 2021-07-02 09:40 | Report Abuse

harta rm21 (highest) June 20
harta rm6.94 (lowest) today
harta rm6.40 (pre covid 1st MCO) Mar 20

Posted by autoven > 2021-07-02 09:40 | Report Abuse

precovid price is 1.8.....the current price is 6.5 before split....
if need to go back precovid price...it has to be 0.90

Posted by Citadel9999 > 2021-07-02 09:41 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-02 09:41 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-02 09:41 |

Post removed.Why?

Posted by z5spyglass > 2021-07-02 09:42 | Report Abuse

True Story here - Actually, the predicament of the Malaysian Manufacturers is not blown wide for the people to know. The Multinationals not only the Americans or the Europeans, the Japanese too are all on the same bandwagon setting up factories in Malaysia with one purpose - to get good quality products manufactured at low manufacturing cost, Coupled with this they use Malaysian employees to squeeze local SME and Sub Contractors to do subparts or provide services at dirt cheap prices. They squeeze and squeeze every now and then forcing the local SME to squeeze even harder on their workers, Worst is the Malaysian working for the multinationals are bullying the Malaysians their own countrymen. Local manufacturers do not have that fat margin to give bungalow residence to the workers. Therefore all the jazz about the ill-treatment of workers in Malaysia is the work of the multinational bullies. Go to hell.

Posted by Citadel9999 > 2021-07-02 09:43 |

Post removed.Why?

Posted by Beary > 2021-07-02 09:43 | Report Abuse

Before covid 19 all gloves are skinny pigs.

Now while covid 19 is still going strong gloves are all fat fat pigs.

Will you sell your far fat pigs now the same price as the skinny pigs?

Only retarded chickens will do so right?

Posted by Citadel9999 > 2021-07-02 09:44 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-02 09:45 |

Post removed.Why?

Posted by Citadel9999 > 2021-07-02 09:45 |

Post removed.Why?

Posted by Beary > 2021-07-02 09:46 | Report Abuse

I just follow my imaginations/common sense.

If I am wrong so be it and have no one to blame..

At least I have believe in myself.

Posted by Citadel9999 > 2021-07-02 09:48 |

Post removed.Why?

Posted by MoneyMakers > 2021-07-02 09:48 | Report Abuse

Prepandemic (current)
———————————————
Kossan - 2.1 (3.15 @ 1.5x)
Harta - 5.5 (7.0 @ 1.3x)
TG - 1.5 (4.0 @ 2.6x)
Spmx - 65sen (3.25 @ 5x)

Posted by MoneyMakers > 2021-07-02 09:49 | Report Abuse

Clearly Supermx most OVERVALUED among the rest

Jump the most last year..will DROP most this year

Posted by Citadel9999 > 2021-07-02 09:50 |

Post removed.Why?