Posted by raymond96 > 2021-09-09 13:34 | Report Abuse

myinvestor can u let me know how to get SUPERMAX SHORT POSITION Info

Posted by Turbo > 2021-09-09 13:35 | Report Abuse

Ya lor. Glove counter no more hope already. Everybody panic sell, let me take this risk.

Posted by goody99 > 2021-09-09 13:37 | Report Abuse

a factory in US does not seems to be very exciting as the cost is high over there. Also the vaccination rate over there is not very high as people are sceptical. Not sure if it is worth it.

Posted by MoneyMakers > 2021-09-09 13:47 |

Post removed.Why?

Posted by myinvestor > 2021-09-09 13:53 | Report Abuse

Posted by raymond96 > Sep 9, 2021 1:34 PM | Report Abuse

myinvestor can u let me know how to get SUPERMAX SHORT POSITION Info

https://www.bursamalaysia.com/market_information/market_statistic/securities

Posted by NatsukoMishima > 2021-09-09 14:05 |

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Posted by nahc4131 > 2021-09-09 14:09 | Report Abuse

Kalau harga di atas ada . All in .

Posted by nuke > 2021-09-09 14:18 | Report Abuse

I may be wrong but I'm guessing the world isn't out of the woods yet. In the US, cases are rising among the unvaccinated. Australia and Russia are also seeing a surge in Delta infections. India and Indonesia might see another wave.

Posted by MoneyMakers > 2021-09-09 14:21 |

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Posted by Larn > 2021-09-09 14:29 | Report Abuse

Good time to buy is when everyone is selling benefit from big discount...its accumulation time

Posted by Larn > 2021-09-09 14:31 | Report Abuse

gap down today will close soon..

Posted by slts > 2021-09-09 14:34 |

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Posted by Sneakpeek > 2021-09-09 14:36 | Report Abuse

Decide only after TG QR...

Posted by Larn > 2021-09-09 14:36 | Report Abuse

tomorrow is friday..weekly volume nothing near average volume..price down + low volume..very good recipe for sideway and uptrend later..

Posted by Larn > 2021-09-09 14:39 | Report Abuse

just bring down tail quickly ..we want divergence confirmation..bearish already weak power..

Posted by SinGor > 2021-09-09 14:47 |

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Posted by Timercheng > 2021-09-09 14:49 | Report Abuse

So cheap ,Waiting for dividend to top up leh!

Posted by RockerArm > 2021-09-09 14:51 | Report Abuse

Cheap sale , hoot lah!

Posted by MoneyMakers > 2021-09-09 14:54 |

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Posted by MoneyMakers > 2021-09-09 14:55 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-09 14:55 |

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Posted by Larn > 2021-09-09 14:57 | Report Abuse

now everyone can dream supermax price 65sen..collect special dividen 13sen-15sen..keep dreaming..

Posted by MoneyMakers > 2021-09-09 14:59 |

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Posted by Larn > 2021-09-09 15:00 | Report Abuse

we do the opposite what paid analyst/media recommendation...

Posted by winwin88888888 > 2021-09-09 15:00 | Report Abuse

Dont scare lah~ just hold ~ today will close at a nice price~ stay tune

Posted by MoneyMakers > 2021-09-09 15:00 |

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Posted by Stockisnotfun > 2021-09-09 15:02 |

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Posted by LossAversion > 2021-09-09 15:03 | Report Abuse

@MoneyMakers: by the time you said supermax 65sen, then majority stocks in Bursa Malaysia would have collapsed!!!

Posted by winwin88888888 > 2021-09-09 15:04 | Report Abuse

U dont kc kc here lah~ wanna ask people throw then pick up lower price~ If is me, I hold ~ since it is a potential one~ good dividend

Posted by MoneyMakers > 2021-09-09 15:08 |

Post removed.Why?

Posted by MoneyMakers > 2021-09-09 15:09 |

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Posted by LossAversion > 2021-09-09 15:11 | Report Abuse

@MoneyMakers, name me one any hawker food that you can get at pre-pandemic level!!!!

Posted by supermax to the Moon! > 2021-09-09 15:14 | Report Abuse

Hi pj and toneefa

Posted by Maxsuper > 2021-09-09 15:16 |

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Posted by MoneyMakers > 2021-09-09 15:23 |

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Posted by MoneyMakers > 2021-09-09 15:23 |

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Posted by MoneyMakers > 2021-09-09 15:30 |

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Posted by monetary > 2021-09-09 15:48 | Report Abuse

Tonefa's hand shacking. Cannot write essay now.

Posted by gohkimhock > 2021-09-09 15:52 | Report Abuse

Posted by Ryan83 > Sep 9, 2021 12:15 PM | Report Abuse

Top 4 glove still making billions of profits next year and ASP already stabilized next year
**************************************************************

have you seen the China's gloves manufacturing output?

"industry insiders said that the supply chain transformation is increasingly tilting toward China, with or without the outbreak."

https://www.globaltimes.cn/page/202107/1228783.shtml

what kill the Top 4 glove is not the vaccines now, but the wave from China.. it is huge.

Posted by pjseow > 2021-09-09 15:56 | Report Abuse

With Harta CEO announcing that the extraordinary period of super earnings coming to an end to a stabilised normalised ASP in Calendar YEar Q1 2022 , the market reacted very negatively like end game for glove makers . It is important to rationally look at what has been the growth rates for the big4 glove makers from pre pandemic FY2019 to FY2023 . THe FY 2019 PATs were Actual numbers while FY 2023 are consensus projected PATs .
I have computed the PATs for the big 4 and estimate their CAGRs .

Topglove

FY 2019 Actual PAT 371 millions
FY 2023 Projected PAT 2203 millions

Total Growth for 4 years = 2203/371 = 593 %
CAGR = 56 %

Hartalega

FY 2019 Actual PAT 434 millions
FY 223 Projected PAT 1493 millions

Total Growth for 4 years = 1493/434 = 344 %

CAGR = 36 %

Kossan

FY 2019 Actual PAT 224 millions
FY 2023 Projected PAT 670 millions

Total growth for 4 years 670/224 = 299 %

CAGR = 32 %

Supermx

FY 2019 Actual PAT 124 millions
FY 2023 Projected PAT 1056 millions

Total Growth for 4 years = 1056/ 124 = 852 %

CAGR = 71 %

Summary

The above computations show that the big 4 have an earning growths of 299 % to 852 % and CAGRS of 32 % to 71 % . These growths are unprecedented and enabled the big 4 to increase their capacities without any borrowings and also paying fat dividends besides being nett cash in FY 2023 . Based on MAARGA projections , the growth rates during post pandemic will be between 12 to 15 % .
The big 4 glove makers have obviously benefited from the good growth rates for the 4 years even though I intentionally linearise them such that it is a continuous growth rather than the Actual Bell Curve growth which actually are much higher mathematically . The FY 2023 PAT projections are from the IBs with ASP assumptions from US 30 to 35 for Nitrile gloves. THe blended ASPs are different for different Glove makers depending on their Nitrile to Latex ratios .
In my opinion , the growth rates for the big 4 from 2019 to 2023 can rival top semicon or technology companies in Malaysia . The big 4 has been profitable for the last 20 years even before pandemic and growing with double digits . Malaysia has been proud to be the number 1 suppliers of medical gloves in the world for the last 20 years . It is with sadness that the big four have different fate compared with the semicon sectors which are definitely not world leaders . I hope that the market and investors will take a more rational look at the real numbers .

I welcome any civilised comments .

Disclaimer : THe above write up is not a buy or sell call . It is intended for sharing for glove investors .

Posted by monetary > 2021-09-09 16:00 | Report Abuse

SPM karangan title. How i lost millions in gloves.

Posted by Benhobenhobenho > 2021-09-09 16:05 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-09-09 16:07 | Report Abuse

just some senseless panic from some falsely imagined connection between TopGlove the true real glove manufacturer & TopGloveS Investment the fake investment company

Posted by ThePowerOfGlove > 2021-09-09 16:08 | Report Abuse

once the real truth is absorbed by the misinformed crowd the unfounded panic is going to dissipate fast

Posted by Jason85 > 2021-09-09 16:09 | Report Abuse

https://www.sinchew.com.my/20210909/%e4%b8%96%e5%8d%ab%ef%bc%9a%e5%86%a0%e7%97%85%e4%b8%8d%e6%96%ad%e5%8f%98%e7%a7%8d-%e6%88%96%e6%b0%b8%e4%b8%8d%e6%b6%88%e5%a4%b1/

Posted by Jason85 > 2021-09-09 16:10 | Report Abuse

Virus never end...

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

ThePowerOfGlove this is a coordinated planned panic.

Posted by ThePowerOfGlove > 2021-09-09 16:14 | Report Abuse

just wait for lwc to make a public statement to correct the false perception associating TopGlove the true real glove manufacturer & TopGloveS Investment the fake investment company

Posted by MoneyMakers > 2021-09-09 16:16 | Report Abuse

Aiyoyo hope toneefa havent cutloss yet & abandon his followers

Posted by Larn > 2021-09-09 16:19 | Report Abuse

yes true..just coordinated planned panic to justify price breakdown..instead chart indicators showing different..