Based on IB UOBKayHian latest report dated 8 September , it showed a consensus PAT of 882 millions for supermx in FY2023. Its assumptions of normalised blended ASP is US 25.5 per 1000 and nett margin of 15.1 %. It also assumed a capacity of 36 billions pcs. p.a. FY 2023 will start in mid CY 2022 which is 9 months from now. The assumption of ASP 25.5 is lower than the 30 to 35 which Harta CEO Kuan mentioned in HARTA AGM. The 882 million profit is 882/124 = 7.11 times higher than pre pandemic profit of 124 million. Will the market give the same.price to supermx when.its earning is 7.11 x the pre pandemic price ? Pls note that supermx will be a much stronger company in terms of cash position , capacity and its new business model . The IB also assumed a flat.ASP of 25.8 and.a lower nett margin of 14.6 % in.FY 2024.
Well , despite this consensus number from IBs , Money maker will.still continue his BS of 65 sen pricing post pandemic.
But why on this suppress?? Any IB care to explain? Demand for gloves continue to stay strong. Rival China is not a threat to our big 4, THKS. Yet the share price being manipulated as aggressive as the expansion of gloves factories?
Before and after Super's Qr, i ask ppl to Sell TG first than Sell Super. It is Not TA or FA but ASP sentiment. All Glove Counter rocket Up bcos of ASP.....now the rocket fuel is finished, the rocket is falling down to Earth
skyu , this number comes from IBs not from me. I just quote their numbers and compare with the factual PAT in FY 2019. This is not my forecasting. Do you understand English? -------------------- skyu aiseh pj siao , lu still day day come here and promote gloves,? go promote number forecaster company ma. 14/09/2021 3:03 PM
Rigorous selling is for real despite whatever analysis by who or by what. Check the numbers in front of your screen. Sometimes admit mistakes doesn't mean submissions or end of the world. Live to fight another day another ground else get buried by your own egos.
.. sometimes diehards don't understand that you need lots of cash to buy shares... n now ppl simply don't put their money in gloves.., a no future counter..
Geek2020 MOF Minister wants public wishlist. Those holding gloves kena whack by RSS should go petition to him to temporarily ban RSS.. 14/09/2021 3:21 PM
Yup Geek2020, perhaps everyone here can write directly to him and appeal to him to suspend RSS for glove counters only, and hope he listens.
haha, very funny for this forum .. the admin only allows people to talk gd abt glove counter, any negative views ll b deleted immediately .. i tot forum suppose to give people freedom to voice out ... then ok la .. Supermax is top counter in malaysia Will rocket fly to rm20 very soon !!!!!
I think it really makes no sense that counters with billions of cash in hand, and making billions annually and giving huge dividend should be shorted so aggressively everyday. I really mean everyday non stop.
@MoneyMakers Company got no cash 4 shareholders @ all set aside US factory
Future is prepandemic profits & 2-3sen div only 14/09/2021 3:38 PM
Aiyoh when build factory also got longer term pay back. Cash now or more cash in the future mah. But seriously, the over shorting is over done and should not have been allowed to go on. TG is bearing the biggest brunt now.
Ya, actually the effect of the extreme RSS has created a situation where investors do not have any basis to evaluate the glove counters anymore. Nothing make sense alrdy whether FA or TA , bcos all basis are thrown out the window by the shortists. Its all up to their whims and fancies to maximise their profits by bullying the retailers. All that is left is fear of the unknown.
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....
Larn
280 posts
Posted by Larn > 2021-09-14 14:23 | Report Abuse
https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/assets/5bb54d4f5f36ca0c38d98a99/FAQs_in_relation_to_IDSS_030418.pdf