Posted by Start_0f_the_bull > 2021-07-31 14:49 | Report Abuse

klee It is common knowledge when a stock does not react to positive news then something somewhere is wrong.As to supermx,i would presume increasing global covid cases would be positive to its share price.Why is it not responding?If it is a small kacang putih stock we can argue that syndicates are manipulating.But supermx paid up capital is 2.7 bil.So easy to manipulate ka?
31/07/2021 2:27 PM


I think investors did respond to global covid cases on several occasions but the uptrends were just temporary, maximum for a week or two.
The reasons could be investors started to liquidate their positions due to the herd effect. Not to forget many got burnt last year when it retraced from the height of RM26.
However, understand the actual value of a particular stock is a safer way to invest.
Supermax does not deserved to be a speculative stock.
Just my 2 cent.

Posted by pjseow > 2021-07-31 14:55 | Report Abuse

Every supermx stock investor is anticipating a good result for the coming QR. Although Supermx has 19 % lower capacity than Kossan, it has a Distribution Business division which contribute 35 % of the total profits which Kossan does not has. In other words, this second income is about 50 % of supermx manufacturing profits. If you take a proportionate earning from Kossan latest 1.06 billion profit, supermx mfg profit would be about 850 millions. If you add another 425 millions from the distribution division, the total would be 1.275 billions barring any unforseen circumstances like container or additional shutdown issues. Lets hope for the best.

Posted by ToneeFa > 2021-07-31 15:06 | Report Abuse

Haha bro Ibelieve, your sense of "Nostalgia" shall disappear in 3 years time. Meanwhile, its good to hike in the jungle while waiting for the right time to climb twin peaks again.

Posted by jutawansenyap > 2021-07-31 15:07 | Report Abuse

Technical rebound.
Supermax will gap up.
Close green candle.
Delta variant sentiment.
World covid data show robust increament.
Suspecting CAREPLUS will lead the glove technical uptrend due to transfer to main market sentiment.

If gap up,I will chose Adventa coz very volatile.
Let see how accurate technical view.

#Not buy call, just technical view
#Provided no major issue on malaysian political situation.

Posted by ToneeFa > 2021-07-31 15:31 | Report Abuse

yup agree pjseow, barring any unforeseen circumstances, the net profit should be > RM 1bil. Also with coming QR there are additional factors that can give it a boost as below:

1.News of potential clinching of any long term supply contract deals to various Gov't or OGM deals.
2.Update on the US expansion , which would make sense now esp with the constant shutdown caused by the pandemic. Don't put all eggs in one basket.
3. With our continuing weak Gov't not attracting much FF interest, Its time to revive the SGX dual listing plan, which will be a stepping stone towards future listing in US market.
4.End 2021 ,capacity expansion from 26b tp 36b, End 2022 capacity expansion to 48b.
5.Pray for special dividend in coming QR as its end of FY21.

There's so many things going for Supermax.

Posted by Goldberg > 2021-07-31 16:22 | Report Abuse

'The war has changed,' CDC says, calling for new response to Delta variant
-------------------------------------------------------------------------

Summary

-Delta variant as contagious as chickenpox
-Breakthrough infections' can spread disease
-Even those vaccinated should wear masks, says CDC
-Healthcare in parts of world overwhelmed, says WHO
-New restrictions in hard-hit Asia

July 30 (Reuters) - The war against COVID-19 has changed because of the highly contagious Delta variant, the U.S. Centers for Disease Control said, proposing a clearer message, mandatory vaccines for health workers and a return to universal masking.

https://www.reuters.com/world/asia-pacific/skorea-announces-vaccination-plan-18-49-year-olds-2021-07-30/

Posted by myinvestor > 2021-07-31 17:45 | Report Abuse

CDC study shows 74% of people infected in Massachusetts Covid outbreak were fully vaccinated
About three-fourths of people infected in a Massachusetts Covid-19 outbreak were fully vaccinated against the coronavirus with four of them ending up in the hospital, according to new data published Friday by the Centers for Disease Control and Prevention.

The new data, published in the U.S. agency’s Morbidity and Mortality Weekly Report, also found that fully vaccinated people who get infected carry as much of the virus in their nose as unvaccinated people, and could spread it to other individuals.

https://www.cnbc.com/2021/07/30/cdc-study-shows-74percent-of-people-infected-in-massachusetts-covid-outbreak-were-fully-vaccinated.html

Posted by ToneeFa > 2021-07-31 19:38 | Report Abuse

NHS on track for 'major winter crisis', says doctor, calling for debate on how to live with Covid

Dr Rupert Pearse, an intensive care doctor at Queen Mary University of London, has warned that the NHS is on track for a "major winter crisis" in a Twitter thread analysing current trends.

"Lots of discussion this week about whether UK Covid infections are falling," he said. "The answer is maybe, but this misses the point. We must accept that these waves will come and go. The pandemic is not over, nor is the impact on individuals, the NHS and society.

"The current wave is smaller than the winter peak but will last longer because public health rules are much less strict. We should expect hospital admissions to continue through October combining with other problems to create a major NHS winter crisis.

"The simple fact is Covid won’t go away any time soon, whatever next week’s trend does. Learning to live with Covid includes learning that people continue to die from Covid. The virus will be with us for years to come. We need an honest national discussion about this."

Posted by ToneeFa > 2021-07-31 19:58 | Report Abuse

Global Medical Gloves Market to Reach $70 Billion by 2027

Amid the COVID-19 crisis, the global market for Medical Gloves estimated at US$30.9 Billion in the year 2020, is projected to reach a revised size of US$70 Billion by 2027, growing at a CAGR of 12.4% over the period 2020-2027.

Examination Gloves, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$42.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Surgical Gloves segment is readjusted to a revised 14.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $10.4 Billion, While China is Forecast to Grow at 14.6% CAGR

The Medical Gloves market in the U.S. is estimated at US$10.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.5 Billion by the year 2027 trailing a CAGR of 14.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 11.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.

Posted by Ibelieve > 2021-07-31 21:07 | Report Abuse

My relative positive today. I went to buy face mask, sanitizer, face shield, self test kit for their family to go thru home-based treatment. After I got home for dinner, suddenly I realised I missed out one thing. I left my dinner behind and rushed out again, just to buy a box of Nitrile Gloves for them, haha.
How could I buy glove stocks but forgot to buy gloves to fight covid? Previously many jokers said glove makers will close shop upon successful herd immunity, now when MY becomes world's leading jab country we just realize we need gloves more than ever.
Do you wanna go rescue someone or do you wanna go commit suicide without wearing PPE?

Posted by kuaTAKtahu > 2021-07-31 21:09 | Report Abuse

Buy Buy Buy Buy

Posted by ToneeFa > 2021-07-31 22:22 | Report Abuse

Bro Ibelieve, I hope you bought a box of Supermax gloves and not other brands, so at least u get back something in your cash dividend later. :) . Anyway, hope your relative will have a safe recovery.

Posted by ToneeFa > 2021-07-31 22:28 | Report Abuse

Dividend analysis :

Top Glove - 3 Qtrs 2021 dividend payout = 58.2 / 90.85 = 64% of EPS
Harta - 4 Qtrs 2021 dividend payout = 33.3 / 84.50 = 40% of EPS
Kossan - 2 Qtrs 2021 dividend payout = 24.0 / 82.48 = 29 % of EPS

Supermax - 3 Qtrs 2021 dividend payout = 39.8 /110.0 = 36% of EPS (1Q share div = 23.0)

If the 4Q net profit maintain same as 3Q . EPS = 38.8 then total EPS for FY21 = 148.8

If Supermax decides to match Harta at 40% then (148.8 x 0.4) - 39.8 = 20.0 cents./share
If Supermax maintain at 36% as status quo then (148.8 x 0.36) - 39.8 = 13,5 cents/ share

So which one would it be? Maybe it depends on whether Stanley want to buy another condo or a mansion in US next?

Posted by DJoker89 > 2021-07-31 23:53 |

Post removed.Why?

Posted by GloverBurnHand > 2021-08-01 09:47 |

Post removed.Why?

Posted by investmalaysia777 > 2021-08-01 09:59 |

Post removed.Why?

Posted by investmalaysia777 > 2021-08-01 10:00 |

Post removed.Why?

Posted by investmalaysia777 > 2021-08-01 10:00 |

Post removed.Why?

Posted by Maridien2 > 2021-08-01 10:16 | Report Abuse

Covid forever, super Covid variant aka big boss not yet come out so gloves demand will go up not go down.

Posted by Bgt 9963 > 2021-08-01 10:18 |

Post removed.Why?

Posted by 5231428 > 2021-08-01 10:28 | Report Abuse

Very soon mandatory to use gloves, as the Delta variant is very contagious.

Posted by investmalaysia777 > 2021-08-01 10:30 |

Post removed.Why?

Posted by myinvestor > 2021-08-01 10:38 | Report Abuse

IMPLEMENTING a windfall tax to companies who are making an extraordinary profit from the Covid-19 pandemic could impose a negative perception on potential investors, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

“Any new introduction of windfall tax should be reviewed carefully as it could impose negative perceptions on investors who may see it as the government is taking advantage of their profits,” he told Dewan Rakyat yesterday.

https://themalaysianreserve.com/2021/07/27/tengku-zafrul-sudden-imposition-of-windfall-tax-may-scare-investors/

Posted by jutawansenyap > 2021-08-01 12:27 | Report Abuse

Technical rebound affirmative.
-Supermax will gap up.
-Friday close green candle.Trade your chart
-Delta variant getting worst
-World covid data show robust increament.
-Suspecting CAREPLUS will lead the glove technical uptrend due to transfer to main market sentiment.
-The only index which is green tomorrow - healtcare. Therefore, tomorrow all traders will focusing healtcare sector.

If gap up,I will chose Adventa coz very volatile.
Let see how accurate technical view.

#Not buy call, just technical view
#Provided no major issue on malaysian political situation.

Posted by pjseow > 2021-08-01 13:15 | Report Abuse

Imvestmalaysia, Enough of bullshit. You still had not answer my question on which company traded below its nett cash per share in Bursa.
There is still no guidelines on what is Extraordinary Profits ? Doubling of YOY or QOQ ?
Companies making more than a billion per qtr or per year? There are many companies making doubling of profits yoy or even qoq. Many banks are also making billions per year or even per qtr.
Until now, the government has not come out will clear criterias. Investmalaysia dont represent the SC or MOF.

-------------------------------------------
investmalaysia777 agreed. should impose windfall tax on glove companies for extraordinary profits. I know there will be some dumb donkeys saying banks also earning a lot of profits why not tax them as well. let me answer now. banks are earning their normal profit. not EXTRAORDINARY PROFITS. be clear.
01/08/2021 9:59 AM

Posted by LossAversion > 2021-08-01 13:25 | Report Abuse

Imvestmalaysia, enough of promoting windfall tax. We know it is easier said than actually being done...and we know the reason why it is not being implemented sooner!!! Just like pjseow said... enough of bullshit. Dont get infected by PM!

Posted by Start_0f_the_bull > 2021-08-01 13:57 | Report Abuse

investmalaysia777 Topglove RM2.8. Supermax will be near RM2.
01/08/2021 10:00 AM

Are you OK or not?
Supermax another 4 quarters 40c or more earning per share already made up to RM1.60 or more (4 x RM0.40).
How can the share price be RM2.00? My Kitty (the cat) also know how to count.

Posted by ToneeFa > 2021-08-01 14:08 | Report Abuse

@investmalaysia777 agreed. should impose windfall tax on glove companies for extraordinary profits. I know there will be some dumb donkeys saying banks also earning a lot of profits why not tax them as well. let me answer now. banks are earning their normal profit. not EXTRAORDINARY PROFITS. be clear.
01/08/2021 9:59 AM

IM777, pjseow and I are still waiting for you to name a company that can be good example of the "many conpanies" you mentioned earlier, to show why Supermax fair price should be RM 1.50. If you cannot give a name, then you have to admit that you are indeed a dumbdonkey to have simply lied to win an argument.

On the issue of windfall tax as proposed by Syed, if he meant only glovemakers are to be "punished" for making huge profit, then he is really mistaken the policy and concept of windfall tax. What should be more appropriate is a "pandemic tax" , where all profit making companies, regardless public listed or not, are to chip in to assist the Gov't to overcome the financial burden faced by the nation. If you load the entire burden on a few good companies to foot the pandemic bills, it shows short sightedness and stupi dity. You should not "punish" those companies just bcos they make good money during the pandemic, since they are not the cause of the pandemic. This will send the wrong message to FF and investors. A good approach is to spread out the responsibility as wide as possible.

Posted by jackfruit > 2021-08-01 14:33 | Report Abuse

Why wind fall tax . The top 4 gloves company already paying billions of ringgit in taxes to the governament. Not enough want to steal some more with shit governament now managing the country.

Posted by Start_0f_the_bull > 2021-08-01 14:39 | Report Abuse

That jerk earlier wrote Supermax fair price should be RM1.50 but later he wrote that its share price will be near RM2.
He can't even made up his mind before he writes a comment.

Posted by Yupeetan > 2021-08-01 14:57 | Report Abuse

Parliament can't even open, you talk windfall tax to ghost ah?

Posted by Yupeetan > 2021-08-01 15:01 | Report Abuse

Maridien2 Covid forever, super Covid variant aka big boss not yet come out so gloves demand will go up not go down.
01/08/2021 10:16 AM

Next the Columbian variant, only the word Columbia already inspires all the badass things

Posted by ket4212 > 2021-08-01 15:16 | Report Abuse

17150cases

Posted by jutawansenyap > 2021-08-01 15:24 | Report Abuse

Duduk rumah diam diam. Enjoy riding gloves stock esok!!! Lets go spartan!!!

Posted by ToneeFa > 2021-08-01 15:26 | Report Abuse

https://youtu.be/zTSuo5aeb6E

Indonesia is mimicking India.
New variant likely to emerge from Indonesia

Posted by MoneyMakers > 2021-08-01 16:00 |

Post removed.Why?

Posted by Sebastian78 > 2021-08-01 16:05 | Report Abuse

Its the final countdown.. singing..

Posted by Sales > 2021-08-01 16:15 | Report Abuse

Don't be sour grapes....

Posted by Start_0f_the_bull > 2021-08-01 16:18 | Report Abuse

MoneyMakers Welcome to Aug!! QR massacre around the corner

The long-awaited day is near..Gather the chickens - heads will be rolling this week
01/08/2021 4:00 PM

I understand that MM is one of the chickens on many occasions. August is no exception.

Posted by pjseow > 2021-08-01 16:23 | Report Abuse

Money makers , Yes , Aug.will be the massacres of the Shorties . With Kossan record 1.06 billion earning announced last week, both Harta and Supermax are expectedb to hit more than 1 b profits too in the coming week. The shorties will be massacred and scrambled to cover their shortes.
----------------------------------------------
MoneyMakers Welcome to Aug!! QR massacre around the corner

The long-awaited day is near..Gather the chickens - heads will be rolling this week
01/08/2021 4:00 PM

Posted by Yupeetan > 2021-08-01 16:46 | Report Abuse

MM was my pet roasted into chicken that I put on altar and pray to God for pandemic to end, but God says no Money hard to deal with hell king, so we need to burn MoneyMakers together upon request.

Posted by Steventeh99 > 2021-08-01 16:48 | Report Abuse

Waiting at 2.2 to collect supermax. Hooray.

Posted by glovefinish > 2021-08-01 16:49 |

Post removed.Why?

Posted by glovefinish > 2021-08-01 16:51 |

Post removed.Why?

Posted by MoneyMakers > 2021-08-01 16:58 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-08-01 17:05 | Report Abuse

glovefinish Topglove and Supermx overvalued at current price level, refer the following :

https://youtu.be/ElsOToQM5Yc
01/08/2021 4:51 PM

Hey! Today is 1st Aug 21, not 18 Jul 21.

Posted by Start_0f_the_bull > 2021-08-01 17:13 | Report Abuse

MoneyMakers Welcome to Aug!! QR massacre around the corner

The long-awaited day is near..Gather the chickens - heads will be rolling this week
01/08/2021 4:00 PM

MoneyMakers StartOTB Whats ur analysis??

Alrdy know pjseow/toneefa both useless..Ur quite new but big mouth lately..come share ur idea/TP
01/08/2021 4:58 PM

I am just a small fly and hasn't any idea or TP to share. Would like to here more from you why QR massacre is around the corner so that I will be alert. LOL

Posted by glovefinish > 2021-08-01 17:36 | Report Abuse

Even a bit difference in dates but does'nt matter bcoz this video mainly reflects the overvaluation of supermx at current price $3 plus since the stock price $3.27 on 1st Aug and the price $3.42 which displayed in video all are $3 plus.

Posted by Start_0f_the_bull > Aug 1, 2021 5:05 PM | Report Abuse

glovefinish Topglove and Supermx overvalued at current price level, refer the following :

https://youtu.be/ElsOToQM5Yc
01/08/2021 4:51 PM

Hey! Today is 1st Aug 21, not 18 Jul 2

Posted by Jetko > 2021-08-01 17:45 | Report Abuse

All glove naysayer and Glovefinish and like minded ..get the f out of this glove forum as you all really really the worst kind of people who only rub salt to wound..we glove investor dont need your negative commentary day in day out laa..

Posted by glovefinish > 2021-08-01 17:53 | Report Abuse

Cool down, we just tell the truth here but only that u so stubburn can't face and can't accept it, only want to listen all the one-sided positive and good comments which are bias from the facts.