Posted by Bgt 9963 > 2021-09-07 23:05 |

Post removed.Why?

Posted by Sogbashen > 2021-09-07 23:11 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-09-07 23:11 | Report Abuse

ASP drops. Cost of production in US is high. Will Supermax abandon the plan to set up gloves factory in US?

Posted by emsvsi > 2021-09-07 23:24 |

Post removed.Why?

Posted by niet > 2021-09-07 23:50 | Report Abuse

This is a forum for supermx in case you lost your way to the mountain.

Posted by pjseow > 2021-09-08 00:21 | Report Abuse

emsvsi, why dont you look at the stock price and earning of Genting 10 years ago and then compare them.with end of 2019 . See how.much growth Genting produce. Then you do the same for Topglove and Harta . Tell me with facts how much Genting share prices has drop in the last 10 years and how.many x harta and topglove share prices has grown.
Genting has zero growth in.earnings in the last 10 years whereas Harta.and Topglove grow more than a few x. Genting shares prices had dropped 50 % whereas both harta and topglove had grown a few x.
I intentionally exclude 2020 and 2021 which were hit by pandemic so that the comparisons are fair.
Talk with facts .

--------------------------------------------
emsvsi Gloves: Anyone can do, even those companies from entirely different sectors with no experience whatsoever, let alone those from the world's factory, China

Vaccines: mRNA-based, only a few have the proprietary technology

Genting (3182): Only 1 in Malaysia; 1 of 2 in Singapore. The gaming licenses are exclusive and form an impenetrable moat

What everyone can do, has little value
What only a few can do, is priceless

Investing is a wonderful experience and ultimately rewarding when you are able to see things clearly

Sincerely,
EMSVSI

https://www.bloomberg.com/news/articles/2021-09-07/malaysian-glove-makers-face-challenge-from-china-hartalega-says
07/09/2021 11:24 PM

niet This is a forum for supermx in case you lost your way to the mountain.
07/09/2021 11:50 PM
pjseow
Write a comment..

Posted by papasmurf > 2021-09-08 06:23 | Report Abuse

It really amuse me when a user try to promote Genting by comparing with gloves and said that Genting is one of a kind compared to the ubiquitous gloves.

The user even go as far as saying that there is a moat for Genting. Actually it is the other way, the moat is at Supermax having established its brand loyalty in US and Canada. Any price war will benefit Supermax as they can source cheaper gloves for their distribution. This is a competitive moat, not a gaming service like Genting. Online gaming has been eating the market share of gaming operators and online gaming will only get bigger from now on. There is no license requirement for such online gaming, which is mushrooming now. The gaming operators will encounter the same fate as many traditional services that are disrupted by technology.

Everyone can make glove but there is more to glove than you think. Not everyone can make gloves the way the big 4 do. There are advance science and R&D behind the gloves. But everyone can operate an online gaming business. That is not rocket science.

Posted by upshare > 2021-09-08 06:44 | Report Abuse

Shall we stay with glove??
Or leave ita go??

Posted by Jonathan Keung > 2021-09-08 06:55 | Report Abuse

Changing landscape in the business world is challenging under the new normal. Whether gloves manufacturers or gaming . New comers are undercutting with their innovative ideas and technology. Even eatries are facing the brunt of the lockdown. Hui Lau Shan the { HK } popular sweet tong sui are closing down. Biggest threat of local glove producers are the China new start up. Their size and pricing are undercutting and eating our market share of glove exports { after the prolong lockdown disruptions .Either we change or be change.

Posted by ThePowerOfGlove > 2021-09-08 07:13 | Report Abuse

"I don’t see Malaysia losing its leadership position in the near and medium term," Hartalega Kuan said

Posted by Stealth > 2021-09-08 07:51 | Report Abuse

A nice morning pick-me up from papasmurf!!

Posted by Bgt 9963 > 2021-09-08 07:51 | Report Abuse

Gameover for gloves stock...

Posted by niet > 2021-09-08 08:51 | Report Abuse

Today last day for 15 sen dividend guys.

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

Good one papasmurf.

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

Big gameday for supermax.

Posted by Geek2020 > 2021-09-08 08:55 | Report Abuse

This is a Supermax ball carrier forum..you can delete post but not the truth dear admin

Posted by pjseow > 2021-09-08 08:56 | Report Abuse

A good article for glove investors. Malaysia being leading producers of medical gloves is not by chance. Government supports in terms of incentives, subsidies of natural gas , R and D and automation incentives helped the glove makers to lead the world in terms of innovations such that Malaysia remain competitive in glove manufacturing.

https://www.aseanbriefing.com/news/opportunities-in-malaysias-rubber-glove-industry/

Posted by Geek2020 > 2021-09-08 08:58 | Report Abuse

Favourite line of ball carriers:

1. SBB will happen
2. Hold for few more months
3. Delta variants
4. New variants and vaccine wont work
5. IB want to accumulate

All this said since last year but prices dropped from high of 10 in 10/11/20 after Pfizer’s announcement and never recovered from there. Left with only retailers holding it.

Delete this too but facts are there to see

Posted by pjseow > 2021-09-08 09:00 | Report Abuse

papasmurf, thanks for your excellent short write up which highlited the moat of supermx.


-----------------------------
Everyone can make glove but there is more to glove than you think. Not everyone can make gloves the way the big 4 do. There are advance science and R&D behind the gloves. But everyone can operate an online gaming business. That is not rocket science.
08/09/2021 6:23 AM

Posted by FairTalk > 2021-09-08 09:11 | Report Abuse

PJ Seow a very good morning. Glove like any other commodities such as steel, micro chips, plastic products etc all faced stiff competition not only from China but other parts of the world.

Yes this businessman said that his company faced competition from China. It is true. But wait at the same time he said he will pump in RM1.3 Billion to finance the group's production capacity, automation besides research and developmen for the next 3 years.

In other words glove will remain a very profitable business otherwise what would he wants to invest additional billions of RM to expand the production capacity.

Cheers

Posted by niet > 2021-09-08 09:17 | Report Abuse

Good show today.

Posted by Rockers > 2021-09-08 09:28 | Report Abuse

Accumulation stage, strong buy if got holding power

Posted by xiaomixiaohai > 2021-09-08 09:29 | Report Abuse

Wow sinking ship....glove maniacs all dumb2 willingly take off underwear for gloves lol

Posted by CITADEL > 2021-09-08 09:35 |

Post removed.Why?

Posted by Stealth > 2021-09-08 09:35 | Report Abuse

More positive news will be coming from US expansion plan. Save the best for last!!

Posted by CITADEL > 2021-09-08 09:36 |

Post removed.Why?

Posted by Bgt 9963 > 2021-09-08 09:41 | Report Abuse

Prices will go sideways...

Posted by Stealth > 2021-09-08 09:44 | Report Abuse

Everyone knows asp will be going down. That's old news. As pointed out by FairTalk, why still spend billions for expansio?.There's still big money to be made and the better thing to do is to short them and collect them!! UNDERSTAND YOU GOONS?!!!!

Posted by Biliskecil > 2021-09-08 09:45 | Report Abuse

Many old guys here are gone

Posted by Biliskecil > 2021-09-08 09:45 | Report Abuse

Maybe woke up already

Posted by chief999 > 2021-09-08 09:45 | Report Abuse

shorts today very determined... Niet, can update the short status?

Posted by chief999 > 2021-09-08 09:46 | Report Abuse

SHITADEL going bankrupt soon... MM can keep licking, get ur High ASP PEDIGREE now when stock last...


BREAKING: CITADEL GOING BANKRUPT! - CITADEL LOSING BILLIONS! (AMC Stock Short Squeeze Update)

https://www.youtube.com/watch?v=u2Q1frQthQc

Posted by NatsukoMishima > 2021-09-08 09:46 | Report Abuse

Must have very strong heart to hold n fight ! Almost give up right now but still believe in a good FA company will have good price eventually !

Posted by chief999 > 2021-09-08 09:46 | Report Abuse

SHITADEL going bankrupt soon... MM can keep licking, get ur High ASP PEDIGREE now when stock last...


BREAKING: CITADEL GOING BANKRUPT! - CITADEL LOSING BILLIONS! (AMC Stock Short Squeeze Update)

https://www.youtube.com/watch?v=u2Q1frQthQc

Posted by CITADEL > 2021-09-08 09:47 | Report Abuse

Update got use meh, update evrryday price also drop la

Posted by xiaomixiaohai > 2021-09-08 09:47 | Report Abuse

All glove maniacs in urgent need of pampers due to diarrhea lol

Posted by chief999 > 2021-09-08 09:47 | Report Abuse

yes finally.. bilis is here to taste the LIMAU

Posted by ket4212 > 2021-09-08 09:49 | Report Abuse

2.80 is coming

Posted by LossAversion > 2021-09-08 09:50 | Report Abuse

@ket4212, buy when your EP target is reached!!

Posted by Stealth > 2021-09-08 09:53 |

Post removed.Why?

Posted by munfatt2000 > 2021-09-08 09:57 | Report Abuse

i am waiting my 15c div and hope another final div 15c

haha

Posted by Larn > 2021-09-08 10:00 | Report Abuse

latest at 10am,RSS volume 98,300..they buy at 3.11

Posted by shareinvestor888 > 2021-09-08 10:04 | Report Abuse

yeah…. better wait for my 15c dividend first

Posted by pjseow > 2021-09-08 10:04 | Report Abuse

Harta briefing from in Chinese from Nanyang.
Harta approved the 19.75 dividend and maintained the 60 % dividend policy. Expect another 40 sen dividend next qtr .Capacity will increase to 63 billion in 2023.

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%89%8B%E5%A5%97%E5%94%AE%E4%BB%B7%E5%8D%8A%E5%B9%B4%E5%86%85%E6%AD%A3%E5%B8%B8%E5%8C%96-%E8%B4%BA%E7%89%B9%E4%BD%B3%E8%B6%85%E5%B8%B8%E7%9B%88%E5%88%A9%E5%B0%86%E7%BB%93%E6%9D%9F

Posted by MoneyMakers > 2021-09-08 10:12 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-08 10:13 | Report Abuse

Company only got 2 ways use cash..either declare all div (bankrupt/lose to china) or expansion (compete with minimal profit)

Obvious choice..tough times ahead

Posted by MoneyMakers > 2021-09-08 10:15 | Report Abuse

TG/Comfort break new low..Harta/Kossan on knife edge..everywhere red show

Glove exodus started..tomorrow supermx turn @ 15sen drop

Posted by OnTime > 2021-09-08 10:17 | Report Abuse

cash-rich company can easily take itself private (and compete) and that will surely benefit shareholders.

Posted by Ryan83 > 2021-09-08 10:18 | Report Abuse

Hartalega last financial year 31st March 2021
Total EPS = 84 sen
Total Dividend = 33 sen
Dividend Payout Ratio = 40%

Posted by myinvestor > 2021-09-08 10:22 | Report Abuse

Gloves stocks are still paying good dividends from last qtr despite shorties claimed of reduced ASP.
Harta 19.5ct, Supermax 15ct, Kossan 12ct and TG -18ct.