Posted by MoneyMakers > 2021-08-13 12:36 |

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Posted by tehka > 2021-08-13 12:37 | Report Abuse

Covid hit another high yesterday. Is it end of world is comin

Posted by tehka > 2021-08-13 12:39 | Report Abuse

It looks like gomen not able fix the covid.

Posted by GlovesOff > 2021-08-13 12:39 |

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Posted by MoneyMakers > 2021-08-13 12:41 |

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Posted by Steventeh99 > 2021-08-13 12:41 |

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Posted by Steventeh99 > 2021-08-13 12:42 |

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Posted by pjseow > 2021-08-13 12:45 | Report Abuse

The 4 biggest gloves stocks in Malaysia have been enjoying double digits growth for the past 20 years before the covid 19 pandemics . The HIV , Sars , H1N1 , Mers , Zika epidemics had spurred growth of gloves with 8 to 10 % growth every year . The covid 19 Pandemic has accelerated the growth of gloves further with expected growth of 25 to 30 % per year during pandemic and 12 to 15 % post pandemic . Nobody know when the pandemic will end but the market had already responded by looking forward the ending of pandemic since end of 2020 despite earnings kept going up for the last few qtrs .
Hence , it is more important to look at what will be the earnings of glove makers during post pandemic . With the consensus from Glove makers , Margma and most Ibs , the ASPs of Nitrile gloves will be at US 30 to
35 per 1000 post pandemic . This is 30 to 40 % higher than the prices pre pandemic . With the planned capacity expansions plus the post pandemic ASPs . we can project and estimate the earnings of glove makers at the normalised post pandemic periods .
By assuming blended ASP of US 30 , supermx manufacturing can make

30 x 48 x 0.8 x 4.2 x 0.2 = 967 millions

Its Distribution can make 50 % of Manufacturing profit based on last 4 qtrs record . This is

967 x 0.5 = 483 millions

Total profits = 967 + 483 millions = 1.45 billions

This is about one third of estimated FY 2021 profits of about 4 billions .

In terms of EPS , it is 53 sen per share .

During normal pre pandemic period , Supermx had enjoyed a PE of between 15 to 18 . You can obtain the value of supermx by assiging a fair PE which you think fit .
While waiting for the post pandemic , the investors can enjoy an extraordinary dividend yield of about 10 % . I welcome any civilised comments .

Posted by MoneyMakers > 2021-08-13 12:47 |

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Posted by MoneyMakers > 2021-08-13 12:54 |

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Posted by Steventeh99 > 2021-08-13 13:00 |

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Posted by Citadel12 > 2021-08-13 13:04 |

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

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Posted by GlovesOff > 2021-08-13 13:10 |

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Posted by Citadel12 > 2021-08-13 13:12 |

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Posted by Start_0f_the_bull > 2021-08-13 13:12 | Report Abuse

MoneyMakers Flagger very active + price start dropping..sign QR massacre is near

Panic started..let the bloodbath begin
13/08/2021 12:54 PM

Massacre your income per post is 50c.
No massacre your income per post is also 50c.
No difference. You may continue to bark. Ha ha

Posted by nuilam hali > 2021-08-13 13:12 | Report Abuse

Israel: “95% Severe Patients Vaccinated” & UK: “6.6 Times Higher Vaccinated Death Rate

Posted by GlovesOff > 2021-08-13 13:12 |

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Posted by GlovesOff > 2021-08-13 13:14 |

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Posted by Citadel12 > 2021-08-13 13:15 |

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Posted by ToneeFa > 2021-08-13 13:16 | Report Abuse

Yup pjseow, concur with ur calculation. In fact it will not easy for ASP to drop to USD 30-35 level, as most new and smaller players will die a natural death at those prices, as their cost is much higher. So likely the big boys will eventually buy them up cheap. So the contrarian strategy by big funds is that early part of pandemic, push price to peak at RM12 , then middle of pandemic press price to close to pre-pandemic to collect back then almost end of pandemic push up again , then post pandemic settle at ard RM 6-8 base on PE 15 of earnings.

Posted by Citadel12 > 2021-08-13 13:17 |

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Posted by ToneeFa > 2021-08-13 13:22 | Report Abuse

https://www.ndtv.com/world-news/coronavirus-china-partly-closes-worlds-third-busiest-cargo-port-over-covid-19-case-2508701

China Partly Closes World's Third Busiest Cargo Port Over COVID-19 Case
Authorities in China have suspended operations at a terminal in the world's third busiest cargo port after a worker was infected with the coronavirus.
The closure of a key terminal at the Ningbo-Zhoushan port on the east coast, which handled almost 1.2 billion tons in 2020, reflects China's determination to squash its worst coronavirus outbreak in months no matter the economic costs.
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Slowly Delta is gonna affect the supply chain in China on export and imports. Likely their glove production and exports will be affected. Similar case for Thailand. So Msia glovemakers will have to work harder to fill the supply gaps.

Posted by Citadel12 > 2021-08-13 13:26 |

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Posted by MoneyMakers > 2021-08-13 13:26 |

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Posted by MoneyMakers > 2021-08-13 13:26 |

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Posted by Steventeh99 > 2021-08-13 13:29 |

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Posted by Citadel12 > 2021-08-13 13:30 |

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Posted by ToneeFa > 2021-08-13 13:31 | Report Abuse

MM u better do 1 last round of tfk before your little weenie get massacred.

Posted by Steventeh99 > 2021-08-13 13:31 |

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Posted by Citadel12 > 2021-08-13 13:31 |

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Posted by Citadel12 > 2021-08-13 13:31 |

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Posted by Citadel12 > 2021-08-13 13:32 |

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Posted by ToneeFa > 2021-08-13 13:38 | Report Abuse

Hei Citadel-Yuckee , today is Friday the 13th, good day for you to mix your drugs with alcohol, so u can wake up in Holland.

Posted by MoneyMakers > 2021-08-13 13:44 |

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Posted by Citadel12 > 2021-08-13 13:47 |

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Posted by Citadel12 > 2021-08-13 13:47 |

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Posted by Citadel12 > 2021-08-13 13:49 |

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Posted by Citadel12 > 2021-08-13 13:49 |

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Posted by Steventeh99 > 2021-08-13 13:51 | Report Abuse

Supermax is good to invest. Cash rich compamy

Posted by myinvestor > 2021-08-13 13:59 | Report Abuse

US failing to end pandemics. Shorties failing to end gloves stock in bursa. They are correlated.

Posted by ToneeFa > 2021-08-13 14:07 | Report Abuse

@MoneyMakers Tonee Go follow ur friend pjseow to harta room..can talk nonsense together max satisfaction without interruption
13/08/2021 1:44 PM

Hahaha...ppl with disappearing comments want to set terms of forum usage for others. MM, u r such a joker la.

Posted by ToneeFa > 2021-08-13 14:08 | Report Abuse

@Citadel12 if u so confident sailang now before qr la, how good how good but no money to. buy???
13/08/2021 1:49 PM

Citadel-Yuck-ee, you don't even own 1 ticket but keep telling ppl when to buy or sell. U r LPPL with MM.

Posted by Citadel12 > 2021-08-13 14:09 | Report Abuse

buy more or what?? just so ple question also can't answer??? blow how good how good but at the end no money to buy??

Posted by myinvestor > 2021-08-13 14:11 | Report Abuse

More 98% USA is red zone.

https://www.msn.com/en-my/news/berita/zon-merah-covid-19-di-as-naik-mendadak/ar-AANggvp?ocid=msedgntp

Posted by GlovesOff > 2021-08-13 14:12 | Report Abuse

pity ... now left last ambassador tonefahai to hold the fort ...

Posted by GlovesOff > 2021-08-13 14:13 | Report Abuse

pjseow left all the trapped younglings here ...

Posted by Fong Chin-bok > 2021-08-13 14:16 | Report Abuse

supermx got 3.9b cash on hand, they should just give 50cents divvy which will only cost them RM1.5B but it can highly boost the share price to RM6

Posted by Citadel12 > 2021-08-13 14:18 |

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Posted by Citadel12 > 2021-08-13 14:19 |

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