wbwanabe. Yes I noticed that we had 2 special dividend plus one First Interim dividend for FY 2021. There is still.another Final Dividend to be announced. The last Final Dividend was announced in 28/10/2020.This Final Dividend was in the form of Treasury shares distributed in 1 for 45 shares owned by shareholders Supermx may distribute the 103 million.shares as Final Dividend like last year but with 1 for 27. This is equivalent to 12.2 sen.based on current price of 3.22. Supermx may give both Treasury shares and cash as FINAL.DIVIDEND. Lets wait and see.
------------------------- wbwanabe Do you all notice these 2 quarters, the dividends are called "special dividends"?. I believe there should be a final dividend to be announced either in October or November 2021 based on their history. Total so far is about 22%, hence hopefully we may get some bumper final dividend soon. 30/08/2021 12:16 PM
I know ST. He is a man of good business acumen.Supermx under him will grow and grow. So, it is the right time to enter the market. Only a growth company will bring more value to the shares. JUst keep buying....
Hi thanks to both of you namely wbwanabe and PJ Seow. Wow if the final dividend of free treasury shares materializes then it will be big bonus to the shareholders for the current year 2021. I think the chances is very high and the loyal shareholders certainly deserve it.
We are also very optimistic that Supermax will continue to deliver promising financial performance for next year and the shareholders can happily look forward for another record bumper dividend payout.
The scaled production capacity next year with the additional new plants coming on stream plus the strengthening of USD against MYR will be very favorable to the company.
US Covid-19 hospitalisations at level not seen since winter peak
NEW YORK (NYTIMES) - The United States is averaging more than 100,000 hospitalised Covid-19 patients, higher than in any previous surge except last winter's, before most Americans were eligible to get vaccinated.
The influx of patients is straining hospitals and pushing healthcare workers to the brink as deaths have risen to an average of more than 1,000 a day for the first time since March.
Hospitalisations nationwide have increased by nearly 500 per cent in the past two months, particularly across Southern states, where intensive care unit (ICU) beds are filling up, a crisis fuelled by some of the country's lowest vaccination rates and widespread political opposition to public health measures like mask requirements.
Mah Sing's chief executive officer Datuk Ho Hon Sang said the group has a new state-of-the-art factory as the foundation of its glove manufacturing business.
“With our global certifications, we are ready to serve the export markets such as the United States, Canada, Middle East, Europe, United Kingdom, Japan, China, Korea, Singapore, amongst others, to capture higher demand for gloves in these countries," he added.
He also believes 2021 will be an exciting year for the group as it showed its commitment to be a long-term player in the glove business and continues to grow its network globally.
“We are also more than ready to receive more orders as we have the capacity to cater to the global glove demand in the near future," he said.
Looking ahead, he said the demand for personal protective equipment including gloves is expected to see structural increase, driven by potential factors such as fears of re-infection, adaptation to new norms, higher health awareness and hygiene compliance requirements for healthcare and non-healthcare sectors such as aviation, food and beverages, retails, tourism and hospitality.
Mah Sing is excited on gloves prospects but Analysts said otherwise. Mah Sing must be crazy to invest in a sunset industry as claimed by some here.
@Stealth Tonee, thanks for your video update on western media cover ups!! Its very telling!! malaysian media following western style! hahaha! 30/08/2021 3:43 PM Wc Stealth, if u listen to the Wion newcaster carefully, she said currently many nations are also hiding their numbers. For politicall reasons. Countries like Russia, India, Indonesia , South Africa and even China are guilty of doing that. So now US is doing it. But regardless, whether they are hiding numbers or not the reality is that they will still need lots of gloves to save their ppl.
After months of hiatus, foreign funds makes major comeback to Bursa
FOREIGN investors remained net buyers for the third consecutive week on Bursa Malaysia with a meteoric rise in net inflow to RM964.33 mil for the week ended Aug 27.
I have a strong feeling that MonKeyMakers is actually a woman, She doesn't even have a tiny weenie, so there's nothing for her to chop off to show. Another proof that she's a woman is her knack for repeating the same useless thing over and over again, very much like my grand old ma! :)
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....
pjseow
2,264 posts
Posted by pjseow > 2021-08-30 12:50 | Report Abuse
wbwanabe. Yes I noticed that we had 2 special dividend plus one First Interim dividend for FY 2021. There is still.another Final Dividend to be announced. The last Final Dividend was announced in 28/10/2020.This Final Dividend was in the form of Treasury shares distributed in 1 for 45 shares owned by shareholders
Supermx may distribute the 103 million.shares as Final Dividend like last year but with 1 for 27.
This is equivalent to 12.2 sen.based on current price of 3.22. Supermx may give both Treasury shares and cash as FINAL.DIVIDEND. Lets wait and see.
-------------------------
wbwanabe Do you all notice these 2 quarters, the dividends are called "special dividends"?. I believe there should be a final dividend to be announced either in October or November 2021 based on their history. Total so far is about 22%, hence hopefully we may get some bumper final dividend soon.
30/08/2021 12:16 PM