Boston 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.
Ryan…if 46b. How come the price keep dropping?? 46b given by the management??? TG and Harta expansion plans also on hold, right?? So frustrating price keep coming down.
Even whole Bursa market is bad, politic is now on the center stage, gloves still green. What do all these tell us? Choose to believe :- Glove is over since last year? Upcoming QR out another bloodbath?
Trust what you have bought or trust those nuisance and noisy monkeys?
Those not holding any gloves shares have nothing to lose. Only gloves shareholders are.
Boston Ryan…if 46b. How come the price keep dropping?? 46b given by the management??? TG and Harta expansion plans also on hold, right?? So frustrating price keep coming down.
Supermax capacity increase from 26 billions end 2020 to 36 billions end 2021 and 46 billions end 2022
Tambi. Government not using the numbers as indicator to open states doesn't mean government decision can lower down the number la tambi. In fact, government making this decision might contribute more numbers nia... Tambi tambi..
Daily numbers mean daily numbers la, u love or hate glove still the numbers same what. Wah piao. Glove hater means everyday ignore daily cases then go out catch virus issit... Tambi. Tambi.
Posted by ToneeFa > Aug 5, 2021 7:11 PM | Report Abuse I think you are right myinvestor, although there is no official news of the completion and commissioning of the Plant13 except in the aureliagloves website. I read somewhere that Plant14&15 capacities are 6b each. So Plant13 must be 10b. Means that Supermax is currently alrdy producing 36b capacity, just 8b behind Harta at the moment. Pjseow, looks like Supermax alrdy overtook Kossan this qtr. With its OBM module, its earning will not be far from Harta in 1Q22 QR. What do u think? Maybe this is why MonkeyMakers has been acting weird and desperate lately, even coming up with the most ridiculous " overvalue" calculation. First of its type in the world, only can be found here bcos we have world class mo ron trolling Supermax forum.
Toneefa, with new 13 plant in operation Supermax are able to clear all backlogs and speed up their shipment in North America. This add more revenue and profit in the this qtr and subsequent qtrs.
Tonee and Myinvestor , based on the supermx briefing, below are their capacity expansion plans
Phase 1 ( by end 2021) Plant 13 + 2.75 b Plant 14 +1.00 b Plant 15 + 3.75 b Plant 16 + 1.375 b Plant 17 + 1.375 b
Total + 10.25 b
Phase2 ( by end 2022 )
Plant 13 + 1.00 b Plant 14 + 2.75 b Plant 16 + 4.125 b Plant 17 + 4.125 b
Total + 12.00 b
I supposed if they have started phase 1 of plant 13 production , they could have added 2.75 billion capacity . The total will be 26.175 + 2.75 = 28.925 b now.
Lets wait for the official anmouncement during the coming QR.
------------------------------------------ think you are right myinvestor, although there is no official news of the completion and commissioning of the Plant13 except in the aureliagloves website. I read somewhere that Plant14&15 capacities are 6b each. So Plant13 must be 10b. Means that Supermax is currently alrdy producing 36b capacity, just 8b behind Harta at the moment. Pjseow, looks like Supermax alrdy overtook Kossan this qtr. With its OBM module, its earning will not be far from Harta in 1Q22 QR. What do u think?
Thanks pjseow for clarifying. We hope that Supermax management will expedite to complete the phase 1 expansion way before end of 2021. That would help them to meet the coming winter surge huge glove demand.
Washington [US], August 5 (ANI): US top coronavirus adviser Dr Anthony Fauci on Wednesday (local time) said that COVID-19 cases may double as variant worse than Delta could be coming.
"If America's current COVID-19 surge continues unabated into the fall and winter, the country will likely face an even more deadly strain of the virus that could evade the current coronavirus vaccines, Fauci told McClatchy
Time to stop looking at covid cases but more into increased health awareness. Hand sanitiser, masks and gloves will have strong demand moving forward. More so when countries opens up it's borders. The time tourism opens and planes can fly again, gloves will become bullish again
fundamentally, glove demand will continuously persist even with lower covid cases since it is essential medical product current price will definitely consider cheap it is only matter of time for ppl to realize its value
Re-opening to save manufacturing industries, gloves are essentials will operate full swing for the frontliners. While envious people continue to waste life envying and sabotaging, most vaccinated workers go back to work in factories, stay in a distance between workplace and home, rebuilding their families and finance. No time for travel, leisure and almost any forms of gatherings, certainly due to no gut and confidence to do so, in a fake recovery again and again, with ever-changing strategy before any previous one would ever succeed, until tomorrow the case number also go hide-up or cover-up, while covid delta are on the loose like mad dogs.
By the way, after MY self-proclaimed to be leading jab country and decided to give free jab to almost all foreign workers and foreigners, doesn't it hint or imply that CBP should pat on us and reconsider or retract their modern slavery forced labor claims to almost all of our export industries?
@lamdba Time to stop looking at covid cases but more into increased health awareness. Hand sanitiser, masks and gloves will have strong demand moving forward. More so when countries opens up it's borders. The time tourism opens and planes can fly again, gloves will become bullish again 06/08/2021 12:01 AM
Daily infection rates is the first sign of how much hospitalization and death to follow later. The more infection means will lead to more hospitalization and subsequent death, and glove demand will increase accordingly.
US, UK, Israel all did fantastic early vaccinations, but unfortunately they have also kind of largely negated their own great effots by overexuberant lifting of movement restrictions too early
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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....
ket4212
618 posts
Posted by ket4212 > 2021-08-05 17:02 | Report Abuse
3.10 have stronger support volume also too much