Most of powerful countries was planning to end of covid19 pandemics at year 2021 with full vaccination on their population. It seem now situation is getting control of covid19 to became uncontrolled of delta variant in just short of 4 weeks of opening. Now most of countries in mid of lockdown or already lockdown near the year end. Even shorties ib are predicting the ASP will be lowest in mid year of 2021. Thinking covid19 is "kow tim".
Whatever the status of the {covid}pandemic gloves are still needed as the PPE. Competition comes from the new Chinese glove manufacturers undercutting their prices to gain market share that pose the threat to our local glove makers. just my own personal view
Gloves are like gem now being thrown out to the road side and nobody picking them up cause IB kept manipulating that it isnt gem but just a valueless rock. Still gullible retailers cant see it and treat it as a rock. It's not because the gem isnt shinning and sparkle but the dirt and dust on their eyes to see them clearly. Believe it or not, the IBs were the one dusting up their eyes and kicks up the dirt to their faces so IBs can go and pick these so called rocks and enjoy their cunning "seize" later when the dust settled.
Keep to your gem and pick them up too from time to time cause there are still ppl throwing them out like a rock.
Following are the wish list we hope can happen in coming QR :
1. US expansion plan is underway, with full details 2. Clinching of long term supply contracts with US/UK/EU/Canada Govts 3. Reviving of SGX dual listing plan,since if items 1&2 are confirmed, SPM become more attractive 4. PAT >1b 5. Attractive end FY dividend, cash + share dividend. 6. Due to Delta effect, ASP has stabilize at elevated level 7. Expedited/early completion of phase 1 expansion, perhaps 36b capacity by Sep/Oct 21. 9. Expedited/early completion of phase 2 expansion, perhaps 48b capacity by June/July 22. 10.Due to multiple variants, glove markets/ customers have expanded multi-fold especially with the developing countries and 3rd world countries too, now that the low vaccinated nations are badly affected. Meaning, traditionally low glove consumption nations have now substantially increase their consumptions going forward.
If half of the wish list is fulfilled, that would be good enuf.
Habisglove, Airasia was not a net.cash company. It gave huge.dividend by selling off AAC which owned the planes rather than through its earnings. Now Airasia needs to lease the planes to fly . Supermx has huge nett cash through earnings in the last 6 qtrs. Airasia has been losing few billions in the last 6 qtr while.supermx made few billions in the last few qtrs. Thete is a world of difference.
@Stealth tonee, i cants ask for a better one 09/08/2021 12:32 PM
Actually Stealth, u still can. I missed one out, no.8 :)
Following are the wish list we hope can happen in coming QR :
1. US expansion plan is underway, with full details 2. Clinching of long term supply contracts with US/UK/EU/Canada Govts 3. Reviving of SGX dual listing plan,since if items 1&2 are confirmed, SPM become more attractive 4. PAT >1b 5. Attractive end FY dividend, cash + share dividend. 6. Due to Delta effect, ASP has stabilize at elevated level 7. Expedited/early completion of phase 1 expansion, perhaps 36b capacity by Sep/Oct 21. 8. Due to Delta airborne spread, the N95 mask sales may now have a more substantial revenue contribution going forward. 9. Expedited/early completion of phase 2 expansion, perhaps 48b capacity by June/July 22. 10.Due to multiple variants, glove markets/ customers have expanded multi-fold especially with the developing countries and 3rd world countries too, now that the low vaccinated nations are badly affected. Meaning, traditionally low glove consumption nations have now substantially increase their consumptions going forward.
If half of the wish list materialised, that would be good enuf.
@pjseow Tonee, agreed with you. We need only pts 4 , 5, 6, 7 to materialise , then supermx will fly 。09/08/2021 1:18 PM
Yup pjseow, agree 4,5,6&7 looks like achievable. However, I also expect 8,9 & 10 to have good possibility too. However, if any or in combination of the items 1,2 or 3 is achieved, that would be a catalyst for strong and sustainable rebound.
Just buy and keep for mid-long term if short term don't fly. Covid is only in second gear, still got many mutations to go before human can resume normalcy.
50 cents? among the top 4 Glove producers , they are the most stingy with dividend and secondly u never know what is the quarter result unless you are 1 of the board members.
There is a theoretical expectation that some types of vaccines could prompt the evolution of more virulent (“hotter”) pathogens. This idea follows from the notion that natural selection removes pathogen strains that are so “hot” that they kill their hosts and, therefore, themselves. Vaccines that let the hosts survive but do not prevent the spread of the pathogen relax this selection, allowing the evolution of hotter pathogens to occur. This type of vaccine is often called a leaky vaccine. When vaccines prevent transmission, as is the case for nearly all vaccines used in humans, this type of evolution towards increased virulence is blocked. But when vaccines leak, allowing at least some pathogen transmission, they could create the ecological conditions that would allow hot strains to emerge and persist.
Actually, amongst the Big4, Supermax probably has the most potential to become an international conglomerate due to its OBM biz. Now with its physical expansion plans to US and UK, it can eventually seek full listing in the stock markets there, as a longer term plan. Dual listing in SGX will be a good stepping stone to bigger global presence. Its clear that KLSE is too constraining if you want to grow big.
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....
NatsukoMishima
8,188 posts
Posted by NatsukoMishima > 2021-08-09 10:43 | Report Abuse
Genm cash flow will be - ve soon , it s high risk to buy in now n u got no chance to run if USA sink n world border keep close until 2025 !!!