Posted by MoneyMakers > 2021-07-08 14:05 |

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Posted by MoneyMakers > 2021-07-08 14:05 |

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Posted by MoneyMakers > 2021-07-08 14:06 |

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Posted by MoneyMakers > 2021-07-08 14:08 |

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Posted by ToneeFa > 2021-07-08 14:19 | Report Abuse

https://www.rte.ie/news/coronavirus/2021/0707/1233523-coronavirus-global/

Cases of Covid-19 are rising rapidly in the United States as the highly contagious Delta variant dominates and vaccinations slow down.

The seven-day-average of new cases was 13,859 as of 6 July, up 21% compared to two weeks earlier, according to the Centers for Disease Control and Prevention (CDC).

Cases attributed to the most recent days might rise further because of a reporting lag following the 4 July holiday weekend.

The spike comes as the Delta variant, which is more transmissible than any previous strain, accounted for around 52% of cases in the two weeks ending 3 July, according to the CDC.
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Next 2 weeks will see a big surge of infections n US , post 4th July celebration.

Posted by Billboard > 2021-07-08 14:21 | Report Abuse

Going Bach to history..
MM 65sen?

Pre pandemics eps1.89 now 38.83
Pre pandemics Nta 0.85 DPS 0.00 now 1.58+dps0.13
Pre pandemics P/L 0.024b now 1.01b

What basis of yr assumptions & comparisons ?

Posted by MoneyMakers > 2021-07-08 14:30 |

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Posted by amateurJR > 2021-07-08 14:37 | Report Abuse

Pjseow can I know how much is your estimated average cost?

Posted by AdCool > 2021-07-08 14:38 | Report Abuse

Who going to believe the aggressive expansion projection. Supermax has been talking about expansion since 2015 and at that time, Supermax was producing around 20 billions. 5 years down the road, Supermax only have 26 billion production. Far fetched from this 50.4 billions additional capacity which they boasted and claimed in 2016. It s just number plucked from the sky. They would face all kind of challenges such as land issue, permit issue, water supply issues (which is something very common), machine issues, investment issue, manpower issue, etc.

QUOTE from 2016
The total combined capacity of the Glove City with plants 10 and 11 in 2020 is expected to be about 50.4 billion pieces.

If they can add on another 6 billions capacity by 2022, already can give them 2 thumbs up.

Posted by Billboard > 2021-07-08 14:47 | Report Abuse

MM like refer pre pandemics
MM talk about Asp....

Pre pandemics Asp $20/carton of 1000pc
Now even MahSeng recorded ht at $120

If Asp go down 70% still can fetch $40 double that of pre pan

MM you need factures and research oh

Posted by NatsukoMishima > 2021-07-08 14:50 |

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Posted by pjseow > 2021-07-08 14:53 | Report Abuse

Below is the extract from.BIMB analyst report .
The briefing was on 6th May after the last QR. At that time the share price was more than rm 5. The analyst expected 8.6 % dividend yield. At today price the dividend yield will be more than 15 % per year. Last qtr profit was 1.08 b despite meru plant shutdown which caused a loss of 313 million revenue.

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Supermax held a 3QFY21 results briefing to sell-side analysts on 6th May. Profit increased to RM1.08bn mainly due to higher ASP. However, volume was impacted by plant closures due to Covid-19 cases.

Global demand for glove expected to remain strong but ASP anticipated to gradually decline from its March quarter peak due to increasing competition moving forward.

Supermax declared 13sen special DPS, bringing YTD DPS of 16.8sen and committed to declare more dividends. We estimate dividend yield of 8.6% FY21f.

Posted by ToneeFa > 2021-07-08 14:53 | Report Abuse

@Billboard Going Bach to history..
MM 65sen?

Pre pandemics eps1.89 now 38.83
Pre pandemics Nta 0.85 DPS 0.00 now 1.58+dps0.13
Pre pandemics P/L 0.024b now 1.01b

What basis of yr assumptions & comparisons ?
08/07/2021 2:21 PM

Bcos MM bosses want to cover short positions at cheap cheap 65sen to maximize profits la. So MM job is to scare all retailers to dump cheap cheap all the way down to 65sen, He is paid 65sen per post here. That's why he is spamming this forum every 10 minutes to collect big pay checks. You should also ask him what is his basis for the 500mil profit projection next QR. He will never respond to verify or proof with calculations.

Posted by MoneyMakers > 2021-07-08 15:05 |

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Posted by MoneyMakers > 2021-07-08 15:10 |

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Posted by MoneyMakers > 2021-07-08 15:11 |

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Posted by investmalaysia33 > 2021-07-08 15:12 |

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Posted by investmalaysia33 > 2021-07-08 15:13 |

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Posted by Billboard > 2021-07-08 15:16 | Report Abuse

MM need be realistic no worry...

Just passed quarter Revenue 1.9b profit 1B
Going back one year ago,

QJune2020 Revenue 929m profit 400m beauty was that Supermx able put up high price and base from that Qjune20 declared B1:1

Please verify, so even profit 500m is better that last Jun 400m

Don't get chicken out

Posted by Dannyfyl88 > 2021-07-08 15:18 |

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Posted by investmalaysia33 > 2021-07-08 15:19 |

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Posted by MoneyMakers > 2021-07-08 15:25 |

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Posted by MoneyMakers > 2021-07-08 15:32 |

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Posted by investmalaysia3 > 2021-07-08 15:33 |

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Posted by investmalaysia3 > 2021-07-08 15:38 |

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Posted by Ron90 > 2021-07-08 15:39 | Report Abuse

spain, russia, US., germany..giving early sign of another wave..lets see in the next 1 week.

Posted by MoneyMakers > 2021-07-08 15:42 |

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Posted by MoneyMakers > 2021-07-08 15:42 |

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Posted by MoneyMakers > 2021-07-08 15:54 |

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Posted by Come > 2021-07-08 15:57 |

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Posted by Come > 2021-07-08 15:58 |

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Posted by Ikanbilis999 > 2021-07-08 16:10 | Report Abuse

beary how Ur five gloves doing??? good???

Posted by MoneyMakers > 2021-07-08 16:10 |

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Posted by MoneyMakers > 2021-07-08 16:10 |

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Posted by MoneyMakers > 2021-07-08 16:11 |

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Posted by dimmubroker > 2021-07-08 16:14 | Report Abuse

Very low activities on this counter today.

: [SUPERMX]: SUPERMAX CORP BHD

Last Price Today's Change Day's Range Trading Volume
3.06 -0.04 (1.29%) 3.04 - 3.15 14,176,800

Posted by investmalaysia3 > 2021-07-08 16:19 |

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Posted by MoneyMakers > 2021-07-08 16:20 |

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Posted by Ikanbilis999 > 2021-07-08 16:22 | Report Abuse

beary did u manage to buy topglov at 3.65??? don't be a horse back canon leh

Posted by siulan_dion > 2021-07-08 16:26 |

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Posted by Ikanbilis999 > 2021-07-08 16:32 | Report Abuse

as usual when drop all hide , only share price up then claim victory

Posted by MoneyMakers > 2021-07-08 16:35 |

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Posted by MoneyMakers > 2021-07-08 16:35 |

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Posted by MoneyMakers > 2021-07-08 16:38 |

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Posted by MoneyMakers > 2021-07-08 16:41 |

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Posted by Ikanbilis999 > 2021-07-08 16:43 | Report Abuse

CALLING SUPPORTERS , MANA U ALL?? BUY MORE OR WHAT ????

Posted by AdCool > 2021-07-08 16:46 | Report Abuse

Where got drop? 0.02 only lah. Only Top Glove drop. U posted in wrong forum is it?