Posted by ooi8888 > 2021-08-26 21:26 | Report Abuse

what to do there are so many tai lang gong in this forum.

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

Actually all the gloves stocks should be skyro ket just like last year if not the sin ga lan IB analyst or youtuber noisy with ASP everyday ! The results prove that glove company still make huge profits , where got drop drastically ???

Posted by Stealth > 2021-08-26 21:29 | Report Abuse

i dont trust this particular star fellow

Posted by Stealth > 2021-08-26 21:29 | Report Abuse

got agenda? motive?

Posted by calvintaneng > 2021-08-26 21:36 |

Post removed.Why?

Posted by jacklimeu2 > 2021-08-26 21:37 | Report Abuse

Since this counter shot up last May, the phenomena has always follow the mantra "sell on fact", as shares got dumped and price drop after every "good news". Now that the price seems to factor in all the bad news, I wonder what the price will be tomorrow. The 15 sen will likely be factored in, so it should open around 3.25 or so....

Posted by pjseow > 2021-08-26 21:41 | Report Abuse

In the previous QR when supermx mentioned ASP had peaked.and ASP was dropping 20 to 25 % , the IBs misinterpreted that subsequent QR PAT will drop correspondingly without listening to the details. Many had expected last QR profit at 700 to 800 mil. RHB even projected 500 mil which MMM quoted repeatedly. They intentionally omitted " LOCK IN " Contractual ASPs. With the 6 months lead time then , at least two subsequent qtrs PAT will not be significantly affected. Today result had proven the IB s were grossly wrong in their projection. If not because of the 60 % workforce implemention during June MCO , Supermx would have made another record profit of mire than a million

Posted by diuleiloumei > 2021-08-26 21:41 | Report Abuse

Bonus??

Posted by Benhobenhobenho > 2021-08-26 21:42 | Report Abuse

Why don't the ib make negative remarks on gaming counters like genm, magnum, toto & AirAsia. Where are the revenues now, when all the businesses stopped operation during these few months. Casinos, magnum Toto outlets closed yet share prices stable. Got logic or not?

Posted by wolfbroker > 2021-08-26 21:46 | Report Abuse

Good dividends.

Just little bit disappointed with the current stocks

Posted by Goldberg > Aug 26, 2021 7:41 PM | 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 Stealth > 2021-08-26 21:52 | Report Abuse

What has dropped quite substantially is the spot market price which contributes only 5% of supermax total revenue as far as i can remember.The more important question is whats the current asp for its other 95% revenue

Posted by Stealth > 2021-08-26 21:59 | Report Abuse

NEVER EVER TRUST ANALYSTS. THEY CAN BE EASILY COMPROMISED ESPECIALLY WHEN THEY HAVE DISCRETIONARY POWERS!!!

Posted by chtan33 > 2021-08-26 22:00 | Report Abuse

people are more hopeful with AA, Airport or Genm.... though continue to make loss with unpredictable prospect.

Posted by kamirise360 > 2021-08-26 22:03 | Report Abuse

But i mostly agree with PBB's analysis

Posted by Stealth > Aug 26, 2021 9:59 PM | Report Abuse

NEVER EVER TRUST ANALYSTS. THEY CAN BE EASILY COMPROMISED ESPECIALLY WHEN THEY HAVE DISCRETIONARY POWERS!!!

Posted by Stealth > 2021-08-26 22:04 | Report Abuse

SPOT ON PJSEOW. YOU HIT IT PERFECTLY!!

Posted by Bullrunrun > 2021-08-26 22:12 | Report Abuse

Cash in hand RM 1.70 per share now

RSS sorted 60 million shares need to pay back the dividends 15 cents.

PE ratio 2.2 now
TP: RM 5.00

Posted by Benhobenhobenho > 2021-08-26 22:14 | Report Abuse

I am sure even with the economy recovery expected next year, earnings will be very weak for gaming n leisure counters like genm coz people are still hesitant n worried n there will still be lingering fears of catching covid in casino or travel in airplane though the operators will give assurances that all sop are strictly abided. So investing in glove counters will be the better choice.

Posted by didi2005 > 2021-08-26 22:22 | Report Abuse

FY2020 EPS 40.2 cents
FY2021 EPS 147.48 cents

Forecast next year net profit drop 50%
FY2022 EPS 73.74
PE10=RM7.35
PE5=RM3.69

Reserves RM4,600,741mils
Cash RM3,779,338mils
Borrowings RM262,284mils

Net cash company, solid business, high dividend.
If price 52w high then maybe risky to chase high, but now is near 52w low, slowly accumulate, better than FD.

Posted by Ryan83 > 2021-08-26 22:23 | Report Abuse

Glove companies still making billions of profits next year due to more dangerous variants emerging.Supermax current PE 2.1 is ridiculously low

Posted by MoneyMakers > 2021-08-26 22:26 |

Post removed.Why?

Posted by michaelgohmox > 2021-08-26 22:31 | Report Abuse

Still
Justifying the share price ….. wkwkwkwkwkw madness

Posted by elbrutus > 2021-08-26 22:33 | Report Abuse

can u not give smax credit when it is due ...why so mean !!!

Posted by MoneyMakers > 2021-08-26 22:42 |

Post removed.Why?

Posted by Stealth > 2021-08-26 22:45 | Report Abuse

HAHAHA!! HI MOMMYMAKER IS BACK. YES, QTR RESULT IS DISAPPOINTING-FOR YOU!!

Posted by AdCool > 2021-08-26 22:47 | Report Abuse

The market was expecting recovery in end Q2 and Q3 this year. Now we are entering Sept already and no recovery is on sight. The IBs just refused to admit their short sightedness because there are stakes on the table. The tourism n travel counters would cont to post losses amid lower losses and the gloves would cont to post profit amid lower profit and such trend may last for another 3-4 quarters. A company that post 900 mil profit in comparison to a company that post 200-300 mil losses every quarter. Yet the IBs would go for the losses counters since their justification was that 300 mil losses per quarter to 100 mil losses per quarter in a year time is better than 900 mil profit per quarter to 500 mil profit per quarter. Their logic really baffled me.

Posted by Stealth > 2021-08-26 22:47 | Report Abuse

So mommymaker, you better get ready for pjseow's small scissors for your little kuku?

Posted by Stealth > 2021-08-26 22:48 | Report Abuse

NO DELAYING HERE!!

Posted by elbrutus > 2021-08-26 22:52 | Report Abuse

sock it to him bro...hahaha

Posted by MoneyMakers > 2021-08-26 22:53 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-08-26 22:54 | Report Abuse

Yes, IBs is always right, they know the glove business better than the glove owners.

Posted by pjseow > 2021-08-26 22:56 | Report Abuse

Supermx prospect guidance

Demand continue to increase but global selling price decreasing.
Supermx expect demand.continue to be buoyant beyond 2021.

By the end of 2021 , supermx expect its capacity to increase from.26 billion to 36 billions per year , an increase of 38 %. As long as there is strong demand , the 38 % increase can mitigate the fall in ASP so that the drop in.PAT will be more gradual and not significant.

Posted by elbrutus > 2021-08-26 23:00 | Report Abuse

precisely bro ...this MM really SMAX black star lah

Posted by Stealth > 2021-08-26 23:04 | Report Abuse

Mommymaker , if not for mco 60% workforce its still record profit lah.Anyway your kuku must go ah!!!!

Posted by ooi8888 > 2021-08-26 23:10 | Report Abuse

potong and feed the dogs

Posted by Stealth > 2021-08-26 23:17 |

Post removed.Why?

Posted by Hazzyy > 2021-08-26 23:26 | Report Abuse

Even my dog can comment what is obvious. Some more say 500m . Not shameful . My dog knows where to hide after making mistakes. If you earn salary as a rumor monger then can excuse you . But if you arent then you are just leaving a piece of rubbish my dog won’t even smell

Posted by Hazzyy > 2021-08-26 23:28 | Report Abuse

You must stand tall in front of your parents, children , siblings not to tell lies . Live an honorable life whether you are rich or poor .

Posted by Stealth > 2021-08-26 23:31 | Report Abuse

hazzyy, you've just said it for me!! Wanted to say this long time ago.!!

Posted by elbrutus > 2021-08-26 23:32 | Report Abuse

amithaba

Posted by MoneyMakers > 2021-08-26 23:40 |

Post removed.Why?

Posted by elbrutus > 2021-08-26 23:40 | Report Abuse

bro ...give this argument a rest lah ...nobody knows what will happen in 5 mths time ...can u ???

Posted by Stealth > 2021-08-26 23:47 | Report Abuse

mommymaker, harta reporting on the same qtr with no mention of contractual sale stated that asp was rising.

Posted by Benhobenhobenho > 2021-08-27 00:00 | Report Abuse

Do IBs know the glove business better than the glove business owners, I wonder.

Posted by Dividendplayer > 2021-08-27 00:20 | Report Abuse

Sharks and whales will want your tickets. Almost certain they will push down price to scare traders, contra ,margin and retailers to collect . As volume is very low, they can easily control the price. Hopefully FF will buy aggressively to mitigate. The usual mantra "sell on news" perfect smokescreen. I'll buy more if price drops .

Posted by casanwk > 2021-08-27 00:30 | Report Abuse

@calvintaneng
Palm oil bull cycle still haven't start yet!
Macd is still below zero line( monthly chart).
Good for swing and daytrading only ...
... this period for tsh!

Posted by HrryPttr > 2021-08-27 00:51 |

Post removed.Why?

Posted by niet > 2021-08-27 01:29 |

Post removed.Why?

Posted by niet > 2021-08-27 01:35 |

Post removed.Why?

Posted by gentingfinish > 2021-08-27 01:36 | Report Abuse

Profit June 2021 Qtr:
Kossan rm1.06 billion
Supermax rm0.96 billion

Market Capitalisation 26 August:
Kossan rm7.88 billion
Supermax rm8.38 billion

Kossan higher profit than supermax without so called 'OBM' but has lower market capitalisation compared to supermax. Buy undervalued company not overvalued

Posted by Jack Khan > 2021-08-27 05:09 | Report Abuse

All Glove stock is good!