The Company has made billions in last few quarters and reinvest the billions made in the expansion. If the business is not profitable and has no growth, is the Board of directors so silly to plough back the profit in the expansion of the production.
Point is, if you just simply listen to everything them non-stop naysaying trolls have to say, then habis la.
They will just spin anything & everything under the sun in a direction favourable to their side & serving their one & only major agenda, i. e. to spread fear, gloom & doom about supermax & all gloves businesses in general, make guys sell by hook or by crook, and drive price down.
Supermax distribution center not only have a office but also big warehouse storing all the gloves products. When the customers places order online depend on location, the nearest distribution center will deliver the products. The lead time to deliver products is much faster than any OEM companies and also provide excellent customer service. The better quality and service fetch a premium price compared to other competitors.
My Uncle who is a remiseir has a client invested RM 200,000 in Supermax before the covid 19 pandemic and realised at RM 20 per share. All supermax shareholders will realise the capital growth in three years time while collecting the good dividend.
I find it strange why certain people who are not a shareholders in glove company keep posting unfounded negative comments here. I would welcome comments with substance to enable readers to evaluate. Dont waste your time here if you did not have any substance to post as i believe all the supermax shareholders in this group are buying the shares for long term growth and good dividend and not speculative in nature. I will be glad if the supermax drop further so that i can increase my shareholding.
No joke.. Active covid cases are filling up US and many countries hospitals. Gloves are very essential in this fight. Demands still high for a long while.
U.S. COVID-19 Cases Now Top 40 Million WEDNESDAY, Sept. 8, 2021 (HealthDay News)
There have now been more than 40 million cases of COVID-19 recorded among Americans, according to a database maintained by The New York Times. That's nearly one-fifth of the global total of cases.
With the Delta variant of the SARS-CoV-2 virus cutting a swathe through the United States, and about 47% of the eligible population still not fully vaccinated, COVID-19 has roared back over a summer that began with Americans hopeful that the worst was behind them.
According to the Times, as of Sunday there have been an average 161,000 new cases of COVID-19 in the United States each day. Hospitalizations are topping 102,000 each day, and the daily COVID-19 death toll is now at 1,560.
The vast majority of people hospitalized and dying are unvaccinated, greatly burdening an already overburdened health care system. According to the Times, no state has yet gotten more than 70% of its population fully vaccinated.
Speaking last Wednesday, Gov. Brad Little of Idaho, a Republican, begged people in his state to get vaccinated: I wish everyone could have seen what I saw in the ICU last night, he said.
Things are so bad in Idaho that rationing of care is underway.
Dave Jeppesen, the state's director of the Department of Health and Welfare, said on Tuesday, When crisis standards of care are in effect, people who need medical care may experience care that is different from what they expect. For example, patients admitted to the hospital may find that hospital beds are not available or are in repurposed rooms (such as a conference room).
monetary When all those essay writing disappeared it's time to buy. 11/09/2021 2:44 PM
Ha ha, you are off course one of the newcomers here. You are welcome to take over the room here wherelse fearmonger MM is already here since many months ago.
@kbtsyl68 I find it strange why certain people who are not a shareholders in glove company keep posting unfounded negative comments here. I would welcome comments with substance to enable readers to evaluate. Dont waste your time here if you did not have any substance to post as i believe all the supermax shareholders in this group are buying the shares for long term growth and good dividend and not speculative in nature. I will be glad if the supermax drop further so that i can increase my shareholding. 11/09/2021 1:55 PM
Yup kbtsy168, these are the same ppl that will deny there is any manipulation by shorties and sharks, where it is stark clear what is the reality. There's is no denying without these huge RSS, the glove prices would be be able to reach this PE<2 level.
@ToneefaYup kbtsy168, these are the same ppl that will deny there is any manipulation by shorties and sharks, where it is stark clear what is the reality. There's is no denying without these huge RSS, the glove prices would be be able to reach this PE<2 level.
I wish they continue doing what they are doing and the price go lower so that i can collect more at cheaper price. I cant find any good shares at the moment to collect for good dividend and long term growth other than glove stocks.
Yesterday the shortists did a strategic RSS to demoralize the TG retailers and glove retailers in general. It was a tough day for them to press down the price, and needed 17,280,200 units of short shares to do it.
Top Glove Total Net Short Position for 09/09/2021 = 182,975,392 or 2.23%
yesterday RSS = 17,280,200 or 0.21%
Let see by Monday data how much they cover back yesterday.
Who can throw price will WIN? Desperado Chinese factory can throw price ( no concern about existing customers feelings ( small base )....If TopG and Super throw price, existing Customers will request same price treatment....you would expect ASP plunging like bungee Drop
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....
ThePowerOfGlove
3,963 posts
Posted by ThePowerOfGlove > 2021-09-11 00:55 | Report Abuse
On current global performance in terms of covid-19 resilience, we are actually currently ranked at 53, one place below Indonesia at 52
https://www.bloomberg.com/graphics/covid-resilience-ranking/