Posted by Maridien2 > 2021-08-05 11:39 | Report Abuse

Retailers want to survive, bankers want to survive, institution funds want to survive and viruses also want to survive. That is the reason why there are multiple mutations and virus will mutate constantly to replace the current dominant variant.

Posted by Maridien2 > 2021-08-05 11:43 | Report Abuse

Lets see who can survive the longest, virus or shorties.

Posted by Iamstilllearning > 2021-08-05 11:53 | Report Abuse

Nowadays,
All the money flow into technology stocks
Just like last year glove.
No matter how bad the news is for example founders of alphabet in us already cash out their shares, the stock price still can flies.
Last year, when topglove first issue cbp, the whole afternoon bursa was lagged. After that , the share price still flies.

So, my 2 cents is, now in the market, who can offer a better dividends in the continue year, the share price will be press down deeply through all the news, so bankers can enjoy the most dividends , and it will shows that their portfolio will be super beautiful.

At the end, I just want to say.
The true value of glove just like pjseow'calculations will only be reflected after pandemic.

All the glove supporters buy the shares is because of the value of the company and confident about the directors, not because of hoping the covid getting worse and worse.

Hope everyone stay safe.

Posted by dick20 > 2021-08-05 12:02 | Report Abuse

PJSeow, thanks for the forecast. It is credible!

The projected manufacturing earning = 30 x 48 x 0.8 x 0.2 x4.2 = 968 m
THe projected Distribution Earning = 968 x 0.5 = 484 m ( 50 % of mfg earning )
Total earning = RM 1452

EPS = 1452/ 2720 = 53.3 sen
Based on PE of 15 , Value of Supermx = RM 8.00
Based on PE of 18 , value of Supermx = RM 9.59

Posted by Citadel9999 > 2021-08-05 12:03 |

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Posted by MoneyMakers > 2021-08-05 12:12 |

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Posted by MoneyMakers > 2021-08-05 12:12 |

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Posted by Start_0f_the_bull > 2021-08-05 12:12 | Report Abuse

I understand the feeling of those who have bought it at much higher price.
As for me I think time will tell whether their decisions who bought it at that price will be a right decision few years down the line.

Posted by Citadel9999 > 2021-08-05 12:12 |

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Posted by Citadel9999 > 2021-08-05 12:13 |

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Posted by Citadel9999 > 2021-08-05 12:14 |

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Posted by ket4212 > 2021-08-05 12:24 | Report Abuse

pjseow support u

Posted by MoneyMakers > 2021-08-05 12:29 |

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Posted by MoneyMakers > 2021-08-05 12:33 |

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Posted by dick20 > 2021-08-05 12:39 | Report Abuse

PJSeow, with a forecast EPS of 53.3 sen in 2023, we will make money!

Posted by dick20 > 2021-08-05 12:41 | Report Abuse

The shorties also know about this!

Posted by dick20 > 2021-08-05 12:42 | Report Abuse

That is why the share price is not dropping fast anymore

Posted by Jetko > 2021-08-05 12:42 | Report Abuse

go fly kite moneymaker nobody need your comment

Posted by dick20 > 2021-08-05 12:42 | Report Abuse

It is holding steady at the low RM 3.00

Posted by dick20 > 2021-08-05 12:43 | Report Abuse

we just need to wait a while

Posted by dick20 > 2021-08-05 12:43 | Report Abuse

Keep up your good work, PJSeow!

Posted by Boston > 2021-08-05 12:59 | Report Abuse

Dick 20…you mentioned price not dropping fast anymore….today or what? Past few months price yum ti yum ti dropped till now.

Posted by MoneyMakers > 2021-08-05 13:00 |

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Posted by MoneyMakers > 2021-08-05 13:00 |

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Posted by Citadel9999 > 2021-08-05 13:16 |

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Posted by Start_0f_the_bull > 2021-08-05 13:29 | Report Abuse

Citadel9999 if this qr below expectation then pjseow probably bankrupt edi
05/08/2021 1:16 PM

So you will be very happy?

Posted by myinvestor > 2021-08-05 13:30 | Report Abuse

Supermax big shipment to US Supermax health inc in July 2021
https://www.usaimportdata.com/usa-import-importer-supermax.aspx

Posted by Citadel9999 > 2021-08-05 13:39 |

Post removed.Why?

Posted by ToneeFa > 2021-08-05 14:03 | Report Abuse

https://edition.cnn.com/2021/08/02/opinions/worrisome-thing-about-delta-variant-sepkowitz/index.html

Here's the real news: there is growing evidence that -- for whatever reason (higher viral loads, something different about how the virus is handled by less mature immune systems, or something else), children infected by the Delta variant may develop a more severe form of the disease compared to illness caused by other forms of the virus.
In a recent NPR interview, Dr. Rick Barr, who leads the Arkansas Children's Hospital, said that the "Delta variant is acting very, very differently with respect to kids ... just in the month of July, we have [admitted] over 40 to the children's hospital. .. and a number of those have ended up in the intensive care unit."
Half the kids were below 12 years of age and not eligible for vaccine but the other half -- also not fully vaccinated, were 12 years old and up.
-------------------------------------------------------
More and more children who are still ineligible for vaccine will be hospitalized due to Delta.

Posted by ToneeFa > 2021-08-05 14:15 | Report Abuse

@pjseow
The projected manufacturing earning = 30 x 48 x 0.8 x 0.2 x4.2 = 968 m
THe projected Distribution Earning = 968 x 0.5 = 484 m ( 50 % of mfg earning )
Total earning = RM 1452
EPS = 1452/ 2720 = 53.3 sen
Based on PE of 15 , Value of Supermx = RM 8.00
Based on PE of 18 , value of Supermx = RM 9.59
05/08/2021 11:29 AM

Yup pjseow, agree with your estimate for post pandemic like reasonable assumptions. Price hovering between RM 6 to RM 8 post pandemic is good enuf for me.

Posted by pjseow > 2021-08-05 14:20 | Report Abuse

I bought some Harta after it announced a super excellent result . Harta shipped 51 % more than last qtr . Total shipment was 6.7 x 1.51 = 10.117 billions pcs . With a revenue of 3.9 billions , its ASP was 3.9/4.15/10.117 = US 92.9 per 1000 pcs which is 13 % higher than its previous qtr ASP of US 82.5 per 1000 pcs.

Its utilization was 88 % which is a surprise since June was in MCO which allow only 60 % workforce . Based on its 44 billion capacity per year or 11 billions per qtr , the shipment is 9.68 billions . THe balance 10.117-9.68 =0. 437 billions came from its previous qtr inventory which was held back in the warehouse due to shortage of container .
Since both Harta and Kossan seems not really affected by the June MCO , can we assume Supermx will perform the same ?

Assuming a utilization of 88 % , supermx shipment is expected to be
26 /4 x 0.88 = 5.72 billions . Based on last QR briefing , the " lock in " ASP for the end June qtr is between US 80 to 110 per 1000pcs . Take US 90 as Average ASP , the earning will be projected to be

5.72 x 90 x 4.15 x 0.57 = 1.218 billions

Let's hope the coming QR will be another record qtr .

Posted by Gerrardo > 2021-08-05 14:36 | Report Abuse

Nice info.

Will queue for Harta

Posted by pjseow > Aug 5, 2021 2:20 PM | Report Abuse

I bought some Harta after it announced a super excellent result . Harta shipped 51 % more than last qtr . Total shipment was 6.7 x 1.51 = 10.117 billions pcs . With a revenue of 3.9 billions , its ASP was 3.9/4.15/10.117 = US 92.9 per 1000 pcs which is 13 % higher than its previous qtr ASP of US 82.5 per 1000 pcs.

Its utilization was 88 % which is a surprise since June was in MCO which allow only 60 % workforce . Based on its 44 billion capacity per year or 11 billions per qtr , the shipment is 9.68 billions . THe balance 10.117-9.68 =0. 437 billions came from its previous qtr inventory which was held back in the warehouse due to shortage of container .
Since both Harta and Kossan seems not really affected by the June MCO , can we assume Supermx will perform the same ?

Assuming a utilization of 88 % , supermx shipment is expected to be
26 /4 x 0.88 = 5.72 billions . Based on last QR briefing , the " lock in " ASP for the end June qtr is between US 80 to 110 per 1000pcs . Take US 90 as Average ASP , the earning will be projected to be

5.72 x 90 x 4.15 x 0.57 = 1.218 billions

Let's hope the coming QR will be another record qtr .

Posted by dick20 > 2021-08-05 14:41 | Report Abuse

Boston, Dick 20…you mentioned price not dropping fast anymore….today or what? Past few months price yum ti yum ti dropped till now.

The 52 week low was RM 3.04. Now is RM 3.13/3.14. They are looking out for the June quarter results and the upsurge due to Delta.

If it is game over, then the share price would be RM 2.00 or RM 2.50.

So, it is not game over! The fight is still on and we will have to wait and see what happens.

Posted by Start_0f_the_bull > 2021-08-05 15:10 | Report Abuse

20599.
Kita Jaga Kita lah.

Posted by pjseow > 2021-08-05 15:12 | Report Abuse

Today infection hit record 20,596 cases. Totally out of control. Take good care. Pls get vaccinated ASAP .
------------------
05 August COVID-19 Cases Update https://newswav.com/covid19__en?s=A_Spi5bQh

Posted by MoneyMakers > 2021-08-05 15:31 |

Post removed.Why?

Posted by Boston > 2021-08-05 15:48 | Report Abuse

Got flagged.

Posted by Boston > 2021-08-05 15:52 | Report Abuse

If capacity only 25/30b in 2022 -2024??? You buy at rm3.20 thinking it’s cheap but seller also not naive selling at that price. You seeing what others not seeing. End of the day, market is always right based on current price.

Posted by Sunyata > 2021-08-05 16:21 | Report Abuse

Here so many shorties..

Posted by Kaizenzon > 2021-08-05 16:25 | Report Abuse

Now Delta plus pulak detected in South Korea. Adui

Posted by Citadel9999 > 2021-08-05 16:25 |

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Posted by Bgt 9963 > 2021-08-05 16:26 |

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Posted by casanwk > 2021-08-05 16:51 | Report Abuse

No signal to buy !
continue tomolo

Posted by ket4212 > 2021-08-05 16:52 | Report Abuse

3.13 close green steady

Posted by MoneyMakers > 2021-08-05 16:56 |

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Posted by Stealth > 2021-08-05 16:58 | Report Abuse

this mm is a shallow fellow

Posted by Sunyata > 2021-08-05 17:00 | Report Abuse

Use many account to spam, these shorties maybe just 1, 2 shorties using 6 accounts

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

apart frm mr. hindsight, his other name is SHALLOW FELLOW

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

Current shorties emotion now were like those who chased gloves back in last year July/August. Keep believing higher and higher price and the IBs kept giving new higher TP. Now the shorties kept believing lower and lower price and the IBs kept giving new lower TP. We all know what happened next after that.

Posted by GlovesOff > 2021-08-05 17:01 |

Post removed.Why?