Posted by OnTime > 2021-09-03 16:12 | Report Abuse

yes, certified medical gloves can fetch high asp, always.

Posted by idunwork > 2021-09-03 16:13 | Report Abuse

The problem is not the rss. The problem is not enough supporters or the supporters are not supporting enough.

Posted by MoneyMakers > 2021-09-03 16:31 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-03 16:36 |

Post removed.Why?

Posted by lawrgan > 2021-09-03 16:38 | Report Abuse

Continue to be pressed down. Worry about after ex of dividend

Posted by chief999 > 2021-09-03 16:38 | Report Abuse

walao ask u go eat bak kut teh... u go eat high tea... more willing to pay higher ASP... salute....

Posted by MoneyMakers > 2021-09-03 16:41 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-03 16:41 |

Post removed.Why?

Posted by Stealth > 2021-09-03 16:45 |

Post removed.Why?

Posted by chief999 > 2021-09-03 16:45 | Report Abuse

lol keep defending rss.. this post worth 10 cents yah... remember dont forget to get from your system master... woof..

Posted by Stealth > 2021-09-03 16:51 |

Post removed.Why?

Posted by chief999 > 2021-09-03 16:53 | Report Abuse

yah.. cant blame them... i just realised they are paid dog bones instead of 10 cents per post which they requested to change... their angmo master said post more and defend more then only got HIGH ASP PEDIGREE, else post little only got malaysian shit...

Posted by Larn > 2021-09-03 16:58 | Report Abuse

volume this week super2 dry..just matter of time to shoot up and fly..

Posted by Larn > 2021-09-03 16:59 | Report Abuse

bear power no more..very2 exhausted already..bull time is coming soon

Posted by MoneyMakers > 2021-09-03 17:00 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-03 17:00 |

Post removed.Why?

Posted by chief999 > 2021-09-03 17:02 | Report Abuse

when MM start to RSS PBB / MBB to same as 2 to 4%... then we compare lar... now compare also no use... gloves RSS, the rest no RSS... so obvious... hei... today enuff post enuff quota to get high ASP PEDIGREE brand already or not?

Posted by MoneyMakers > 2021-09-03 17:03 |

Post removed.Why?

Posted by Biliskecil > 2021-09-03 17:08 |

Post removed.Why?

Posted by Stealth > 2021-09-03 17:17 | Report Abuse

Billiskechil which one is good advice? That it'll come down to 65sen so its advisable to sell??Please tell us!!

Posted by Biliskecil > 2021-09-03 17:21 |

Post removed.Why?

Posted by Stealth > 2021-09-03 17:32 | Report Abuse

when youre a paid troll,any 'advice' is dishonest and is given to mislead/deceive and should be flagged down.

Posted by Stealth > 2021-09-03 17:33 | Report Abuse

Any sincere advice even to the contrary is most welcome!!

Posted by chief999 > 2021-09-03 17:35 | Report Abuse

bilis quota not yet reach... want high ASP PEDIGREE BRAND too... woof woof

Posted by dompeilee > 2021-09-03 18:24 | Report Abuse

I bought this @ 2.17 in 2016 also was in paper losses for many months, dropping to 1.72 in Dec 2017. Sold too early in the high 2s but I learnt my lesson.This time I intend to get it right!

Posted by Powerstock > 2021-09-03 19:35 | Report Abuse

Supermax dah cium double bottom.
You masih gemar ciumkan triple bottom kah?

Posted by Stealth > 2021-09-03 19:38 | Report Abuse

BOTTOMS UP LAH!! HAHA

Posted by wolfbroker > 2021-09-03 21:10 | Report Abuse

Playing with gloves counter is really high risk

Posted by Powerstock > Sep 3, 2021 7:35 PM | Report Abuse

Supermax dah cium double bottom.
You masih gemar ciumkan triple bottom kah?

Posted by jgc147 > 2021-09-03 21:43 | Report Abuse

RHB Analysis Supermax v mrDIY

Supermax FY Jun21 Jun22 Jun23

Revenue 7164 4485 5366
Profit 3813 1576 1569

MrDIY FY Dec21 Dec22 Dec23

Revenue 3391 4321 5135
Profit 456 616 717

Supermax Target Price : 3.15
Supermax Valuation : MYR8,568M

MrDIY Target Price : 4.41
MrDIY Valuation : MYR27,677M

WOW!!!!!

Posted by mf > 2021-09-03 21:43 | Report Abuse

Dow Jones 35,341.18 -102.64 0.29%
Nasdaq 15,295.14 -36.036 0.24%

Posted by pjseow > 2021-09-03 22:37 | Report Abuse

jgc , I have read the RHB analyst report. The analyst maintained the long term stabilised Blended ASP for supermx as US 37. The EPS obtained is 57.7 sen but he gave a PE Ratio of only 5.46 which is much lower than the historical PE of 15. This is really puzzling.
I do not know why he used such.a low PE in a stabilised state.


---------------
jgc147 RHB Analysis Supermax v mrDIY

Supermax FY Jun21 Jun22 Jun23

Revenue 7164 4485 5366
Profit 3813 1576 1569I

MrDIY FY Dec21 Dec22 Dec23

Revenue 3391 4321 5135
Profit 456 616 717

Supermax Target Price : 3.15
Supermax Valuation : MYR8,568M

MrDIY Target Price : 4.41
MrDIY Valuation : MYR27,677M

WOW!!!!!
03/09/2021 9:43 PM

Posted by risekita8 > 2021-09-03 22:45 | Report Abuse

So, which one you will buy now?

.
jgc147
4 posts
Posted by jgc147 > Sep 3, 2021 9:43 PM | Report Abuse

RHB Analysis Supermax v mrDIY

Supermax FY Jun21 Jun22 Jun23

Revenue 7164 4485 5366
Profit 3813 1576 1569

MrDIY FY Dec21 Dec22 Dec23

Revenue 3391 4321 5135
Profit 456 616 717

Supermax Target Price : 3.15
Supermax Valuation : MYR8,568M

MrDIY Target Price : 4.41
MrDIY Valuation : MYR27,677M

WOW!!!!!

Posted by jgc147 > 2021-09-03 22:50 | Report Abuse

Clearly, there is a strong motivation within IB world to suppress glove valuations at this time.

Posted by munfatt2000 > 2021-09-03 23:03 | Report Abuse

buy now 3.1 and keep for fat cash dividend

Posted by Mr.Sm Invest123 > 2021-09-04 00:24 | Report Abuse

GG & lao sai. Really Pity those follow the previous facebook live teachers & u all sangkut now.

Posted by linheng > 2021-09-04 06:38 | Report Abuse

Everyday RSS pack 4 digits seller. Price also not going down anymore. The net sell RSS position also about the same. See is the RSS guys cover short this week. If not got to pay the 15 cents dividend

Posted by xiaomixiaohai > 2021-09-04 06:45 |

Post removed.Why?

Posted by joyvest > 2021-09-04 07:15 |

Post removed.Why?

Posted by dompeilee > 2021-09-04 07:33 | Report Abuse

Dropping below $3 after ex-date is to be expected. Drop to $2.70 immediately after also OK lah...I think maybe that's what the shorties are after lol

Posted by skyu > 2021-09-04 08:49 | Report Abuse

how u calculate the pe at 5.4? didnu forgot to add in the bonus shares? u rarely seeing any company with pe less than 10

Posted by NewbixV > 2021-09-04 08:53 | Report Abuse

at idunwork RSS is the problem! You dont need to come out with much capital & you have un limited time to cover.If we buy, we have to come out with cash immediately or within t plus 3 which is unfair.Everyday RSS pack 4 digit seller. No need money mah!

Posted by EatCoconutCanWin > 2021-09-04 09:21 | Report Abuse

AirAsia, genting , loss qr, share up. Gloves earn money, dropped. What is the logical. Crazy klse.

Posted by Jack Khan > 2021-09-04 10:14 | Report Abuse

Stop Comparing Supermax PE with others company! It is like comparing Apple and Orange!
Just concentrate on how long will the COVID 19 Variant continue get press attention!
If every Goverment follow USA Opening economy and let the Pandemic Loom this will continue at least 3-4 years before a real Vaccine is found!
I don't know how the ASP is being calculate but as long as US is in high Covid-19 the ASP will not take hit as predicted! I suspect the glove are being price in USD base on USA demand. (That is why US is so powerful)

The only country that leave standing is China since they will keep churning out product for the world!

Posted by Jack Khan > 2021-09-04 10:16 | Report Abuse

One more thing you have to take into account of high Inflation in US!

Posted by Luen07 > 2021-09-04 10:21 | Report Abuse

早前大股东大财团买进的手套股到目前还有几倍的赚头 现在他们套利所以手套股下跌是很正常的

Posted by munfatt2000 > 2021-09-04 10:52 | Report Abuse

CIMB give kossan FY23 PE 16

How others IB give supermax PE 5 ??

答：高产柅品次季净利按年飙高712.50%、按季微扬2.2%，尽管手套平均价预计第三季后走低，分析员各调低今年财测4.7至8%，却基于手握强劲现金与慷慨派息，加上手套均价下跌已从近期股价下跌反映，评级仍保持正向。

该公司次季净赚10亿6484万7000令吉，首半年净利飙975.60%至21亿零667万令吉，肯纳格研究表示，目前的手套均价反映人们对未来几季价格太过看淡，手套业者短至中期仍可从马币兑美元走疲受惠。

该集团管理层预测手套平均价渐进式走低，疫情后需求持续强劲使得订单持续至今年尾，规划的产能扩张在10月、11月与12月继续；3家新厂将使2022年装置产能，从每年的320亿个手套，增长33%至424亿个。

肯纳格认为，高产柅品手套均价下跌，已从其股价反映；基于销量不如预期，调低这个财政年净利8%，把目标价从5令吉84仙调低至5令吉，然而保持明年财测。

联昌研究也预期，从第三季起净利按季走软，然而却比同业少受压力。

基于封锁期间展延产量扩展，以及上述种种因素，联昌调低高产柅品今后3个财政年财测4.7%至15.3%；每千个手套价今后依次为73.4、38.2和29.4美元。

然而，联昌基于高产柅品对比同侪折价19.4%，截至6月杪有16亿令吉强劲现金流，这个年度预计慷慨派息（最高周息率18.1%对比同侪平均13.9%），今年预测派50仙股息，因而维持“加码”，依据2023年本益比16倍，把目标价从4令吉20仙下修至4令吉。

Posted by pjseow > 2021-09-04 12:07 | Report Abuse

I spent some time studied the Kenanga, RHB and CIMB latest Analysts reports on supermx . Let me summarise their key assumptions and valuations.

1. ASPs for FY 22 , FY 23 and FY 24

Kenanga US 48 US 30
RHB US 41 US 37
CIMB US 47 US 30 US 26

2. PATs for FY 22 FY 23 and FY 24

Kenanga 2025 m 1000 m
EPS 74.5 s 36.8 s

RHB 1576 m 1569 m
EPS 57.9 s 57.7 s

CIMB 1742 m 612 m
EPS 64 s 22 s


3. Valuations , PE Ratio and Tgt prices


Kenanga

It used 9x CY 22 EPS of 55.6 s . THe EPS is derived from the above average of FY 22 EPS of 74.5 s and FY23 of 36.8 s .

Tgt Price = 55.6 x 9 = 5.00


RHB

It did not give a target PE .Based on its tgt price of 3.15 , we can derive the PE as follows

Tgt price = 3.15
EPS of FY 23 = 57.7 s
PE = Tgt price /EPS = 315/57.7 = 5.46

CIMB

It stated using 16X CY22 PE which is glove sector 10 year historical mean .

CY 22 EPS = 43 s or average of 64 s (FY 22 EPS ) and 22 s( FY 23 EPS)

Tgt price should be = 16 x 43 = 6.88 but

Actual Tgt price given is only 3.20

Actual PE used was 7.4 instead of 16 stated . Why ?????


Summary

If you look at the above 3 examples , you wonder how the Analysts come out with tgt prices . One use PE of 5.46x while another use 9x . The best one is claiming to use 16 x but actually use 7.4 .

Posted by Start_0f_the_bull > 2021-09-04 13:12 | Report Abuse

EatCoconutCanWin AirAsia, genting , loss qr, share up. Gloves earn money, dropped. What is the logical. Crazy klse.
04/09/2021 9:21 AM

Right, then you should sell Airasia and Genting after that buy gloves. Only this way it will be logic. Correct?

Posted by Benhobenhobenho > 2021-09-04 13:20 | Report Abuse

https://www.nst.com.my/news/nation/2021/09/724240/south-africa-virus-variant-may-prolong-pandemic

Posted by Habisgl0v3333 > 2021-09-04 13:22 |

Post removed.Why?