@MoneyMakers Last year ‘longterm investment’ This year ‘longterm bad investment’ Next year ‘longterm worst investment’
** Pick want which year 02/07/2021 7:25 PM
And next month you will be MommyHomeMaker. Not sure can listen to ur claims now, unless your claim of RM 500 mil or less PAT come true. Anyway with ur kuku on the chopping , better pray it will come true.
Invest malaysia, This May report by BIMB was the latest Supermx QR briefing. The next briefing by supermx will be next month. For your information , Analyst briefing on Financial Result is every 3 months in.case you are ignorant. Do you mean there is a June QR report by supermx management ? Dont.mind sharing ?
invest_malaysia Aiyo, Pjseow you take May report ah? Now July lo. Almost 1 quarter d 03/07/2021 8:32 AM
Invest malaysia, the reason why I share this latest BIMB report to moneymakers is to stop him from dreaming that next qtr profit will drop to rm 500 millions. Read the following extract from.the report especially the last paragraph. If you read the whole report , it is not illogical to estimate the coming qtr earning fir supermx will.still be around 1 billion. Reports from.TA and Nomura said the same things . That is the reason I.dare to bet with money maker .
--------------------------------------------- ASP have reach a peak in the March quarter. Supermax’s ASP starting to see a drop in 2Q2021 which is earlier than our expectation in 2H2021. Blended ASP still rose in 3QFY21 = Jan: USD84.61 (+1.3% mom), Feb: USD87.65 (+3.6% mom), March: USD89.2 (+1.7% mom). Going forward, nitrile ASP (factory level) for April - June is about USD80-110, while July onward deteriorating to about USD70. Currently, spot prices are lower than contracted prices and Supermax’s current spot prices for shipment in June is slipping down to USD70-80. As Supermax mostly sells its products under contract basis (its spot <5% of total production), it is expecting that blended ASP will not be significantly impacted in at least next 2 quarters
When CI index crashing.down from.the high of 1300 in 1997 to 250 in 1998, there were.fears that many companies may go bankrupt because many big companies had loan in US.dollars. The exchange rates went down.from.rm 2.50 in 1997 to rm 4.50 in 1998. I saw opportunity of life time and bought tenaga , telekom and maybank which were very profitable. I sailang with bank overdraft plus whatever.cash I had. The index rebound to 800 in 1999 within one year and reach 1000 at the beginning of 2000. Now the super profitable glove makers also drop 70 to 80 % from the peaks . Preparing for my last sailang like Beary.
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....
Come
1,146 posts
Posted by Come > 2021-07-02 21:56 | Report Abuse
From 12 to 3...well well well..