Posted by Jack Khan > 2021-08-26 18:37 | Report Abuse

if compare with Tech stock I think worth the risk!

Posted by oohlala > 2021-08-26 18:37 | Report Abuse

another super profit, what naysayer got to say anymore?

Posted by stevenckheng > 2021-08-26 18:41 | Report Abuse

oh shit is coming

Posted by ket4212 > 2021-08-26 18:49 | Report Abuse

good dividend

Posted by dick20 > 2021-08-26 18:50 | Report Abuse

super man! what can we say but super! EPS of 36.93 sen! super!

Posted by gentingfinish > 2021-08-26 18:55 | Report Abuse

Kossan profit higher than supermax

Posted by ket4212 > 2021-08-26 19:02 | Report Abuse

yeah yeah have 1500 dividend

Posted by gemfinder > 2021-08-26 19:05 |

Post removed.Why?

Posted by Keyman188 > 2021-08-26 19:06 |

Post removed.Why?

Posted by Sneakpeek > 2021-08-26 19:09 |

Post removed.Why?

Posted by George Leong > 2021-08-26 19:16 | Report Abuse

@Keyman188: Money used to pay previous quarter dividends, plant and machineries expansion, repayment of borrowings. Also to take note prepayments from customer of 1bil has reduced to 600mil. Revenue and profits is recognized when goods are delivered.

Posted by pjseow > 2021-08-26 19:19 | Report Abuse

Geoge Leong , Good explanations.
--------------------
George Leong @Keyman188: Money used to pay previous quarter dividends, plant and machineries expansion, repayment of borrowings. Also to take note prepayments from customer of 1bil has reduced to 600mil. Revenue and profits is recognized when goods are delivered.
26/08/2021 7:16 PM

Posted by pjseow > 2021-08-26 19:26 | Report Abuse

MM is hiding. His 500 m projected PAT is 91.8 % off compared with the actual 959 million. My estimation of 1 b is 4.1 % off. He quoted his figure came from RHB and he has repeated more than 100 messages.

Posted by Stealth > 2021-08-26 19:28 | Report Abuse

where is that rm500m bugger?

Posted by Start_0f_the_bull > 2021-08-26 19:30 | Report Abuse

OK., so the report has confirmed ASP is dropping gradually but not sharply.
However, the increase in gloves consumption is being offset by increasing production by expansion and new players in the market. This may explains why the share price has dropped to this level.
Since the pandemic is not expected to go away anytime soon the volume of gloves consumption is expected to continue as past few months.
Just my 2 cents.
Let's see how the market react tomorrow. Good luck everyone.

Posted by Goldberg > 2021-08-26 19:41 | Report Abuse

SUPER DIVIDENDS 15 cents per share.
----------------------------
Stock [SUPERMX]: SUPERMAX CORP BHD

Announcement Date 26-Aug-2021

Financial Year 30-Jun-2021

Subject Special Dividend

Description Special Single-Tier Dividend of 15 sen per share

Ex Date 09-Sep-2021

Entitlement Date 10-Sep-2021

Payment Date 30-Sep-2021

Posted by pjseow > 2021-08-26 19:46 | Report Abuse

Stealth, if you remember, this MM has been ""Kan Cheong "" about supermx result since 3 weeks ago even though he dont own any supermx shares. Now when the result is out , he hide in the cave.
--------------------------
Stealth where is that rm500m bugger?
26/08/2021 7:28 PM

Posted by Stealth > 2021-08-26 19:50 | Report Abuse

yes pjseow. have you got your scissors ready? You know you dont need a chopping knife or board. it'll be just a snip off!! haha

Posted by pjseow > 2021-08-26 19:53 | Report Abuse

Stealth, haha , after snipping , we call him.MM Abdullah .

Posted by Stealth > 2021-08-26 19:54 | Report Abuse

Anyway i dont see any mention of mco's 60% workforce impact on production

Posted by Stealth > 2021-08-26 19:55 | Report Abuse

Not much of a guidance is there?

Posted by Stealth > 2021-08-26 19:56 | Report Abuse

or was 60% workforce in july?

Posted by Stealth > 2021-08-26 19:58 | Report Abuse

pjseow we should call him that from now on. AND I'M SERIOUS. HE HAS LOST THE BET AFTER ALL

Posted by Sunyata > 2021-08-26 19:59 | Report Abuse

Biasa before good QR I see share price moving for other shares d, this supermax after?...

Posted by Brutus > 2021-08-26 19:59 | Report Abuse

Thank you SUPERMAX for finally being generous with dividends! Looking forward to the AGM in a couple of months time!

Posted by Stealth > 2021-08-26 19:59 | Report Abuse

MM ABDULLAH, where are you?

Posted by ToneeFa > 2021-08-26 20:00 |

Post removed.Why?

Posted by Stealth > 2021-08-26 20:01 | Report Abuse

i think mm abdullah is busy working out on a new ID

Posted by GlovesOff > 2021-08-26 20:08 |

Post removed.Why?

Posted by pjseow > 2021-08-26 20:11 | Report Abuse

Stealth, I think the ASP has dropped from US 87 the previous qtr to about 82 last qtr. The utilization.rate is 85 % . This will give a revenue of 85 x 0.82 x 4.2 x 26.2 /4 = 1872 millions. The net margin dropped to 51.2 % which gives an earning of 958.4 m. I think.the June 60 % workforce did affect the overall utilization which in normal circumstances should be between.90 to 95 %. This is my guess.
----------------------------
Stealth Not much of a guidance is there?
26/08/2021 7:55 PM

Posted by EatCoconutCanWin > 2021-08-26 20:16 | Report Abuse

Covid 22 otw, good results for this quarter. Add call

Posted by KooSan > 2021-08-26 20:20 | Report Abuse

Holy Fxck...they have 3.7 billion cash. So cash rich.....

Posted by Stealth > 2021-08-26 20:22 | Report Abuse

GlovesOff is honourable. Giving credit where it's due.

Posted by Stealth > 2021-08-26 20:27 | Report Abuse

Falling asp and increasing supplies have all been factored in. With the current result there should be a price breakout!!

Posted by pjseow > 2021-08-26 20:28 | Report Abuse

GO , Thank you
-------------------------
GlovesOff Congrats @pjseow & @toneefa , credit where credit is due
26/08/2021 8:08 PM

Posted by Bullrunrun > 2021-08-26 20:28 | Report Abuse

Tomorrow limit up

Posted by ToneeFa > 2021-08-26 20:38 | Report Abuse

@GlovesOff Congrats @pjseow & @toneefa , credit where credit is due
26/08/2021 8:08 PM

Thanks GO, at least you are a gentleman. Really wonder if MommyMakers will ever admit he is so wrong, by 100%. All his predictions are not reliable.

Posted by Start_0f_the_bull > 2021-08-26 20:38 | Report Abuse

This MM is actually very entertaining by repeating 'Massacre' day and night and now end up hiding under her mom's skirts.

Posted by ToneeFa > 2021-08-26 20:42 | Report Abuse

@Stealth MM ABDULLAH, where are you?
26/08/2021 7:59 PM

Hey Stealth, calling him Abdullah is not quite right. Its not chopping of the foreskin, but its the massacre of the whole kuku. His name should be MommyHomeMakers. Hahaha!

Posted by Ryan83 > 2021-08-26 20:43 | Report Abuse

Profit after tax RM1.011billions
Retained earnings/reserves RM4.6billions

Posted by Stealth > 2021-08-26 20:45 | Report Abuse

ya tonee, you're right, its not just the tip ITS THE WHOLE THING!!! HAHAHA!!!

Posted by mf > 2021-08-26 20:46 | Report Abuse

26-Aug-2021 Quarter Result Quarter Result on 30-Jun-2021[#4] QoQ - -4.63% YoY - 139.91%.

Posted by Stealth > 2021-08-26 20:47 | Report Abuse

IT SHOULD BE MOMMYMAKER THEN!! OK WE'LL CALL HIM THAT FROM NOW ON-IF HE APPEARS

Posted by Geek2020 > 2021-08-26 21:05 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/08/26/supermax-posts-rm38bil-net-profit-in-fy21-but-glove-prices-have-fallen-off-a-cliff

Fallen of a cliff!

Posted by Sogbashen > 2021-08-26 21:10 |

Post removed.Why?

Posted by Stealth > 2021-08-26 21:12 |

Post removed.Why?

Posted by roadtomillionaires > 2021-08-26 21:13 | Report Abuse

@pjseow do you expect next quarter will range between 700m-800m pat?

Posted by gemfinder > 2021-08-26 21:18 |

Post removed.Why?

Posted by Stealth > 2021-08-26 21:22 | Report Abuse

ITS A STRONG MADE IN M'SIA BRIDGE!!

Posted by Benhobenhobenho > 2021-08-26 21:22 | Report Abuse

I thought someone said pat rm500 millions only