Posted by monetary > 2021-09-14 18:57 | Report Abuse

Using financial crisis as an analogy to describe gloves? U must be insane. During financial crisis all monies exit stock market causing all stocks plunge. What's going on now is Monroe's exit stocks that have gloomy & uncertain outlook and flock into technology & renewable energy sectors. The losses has instilled illusion within u.

Posted by monetary > 2021-09-14 19:00 | Report Abuse

A bird is put in a cage for a short period. When u open the door the bird escapes quickly. When a bird is kept in a cage long enough, it hesitate to escape when u open the door. If it's kept in the cage for a very long time. It won't bother to escape even the door is left open.

Posted by monetary > 2021-09-14 19:03 | Report Abuse

I see many paralysed birds here

Posted by GlovesOff > 2021-09-14 19:31 | Report Abuse

the biggest peacock here pjseow will tell you he avg down ... unlimited funds
**************
monetary I see many paralysed birds here

Posted by pjseow > 2021-09-14 19:39 | Report Abuse

monetary , you are right. I should not take the financial crisis as comparisons. During the financial crisis, bank almost went bankrupts and many companies lost millions and billions. Malaysian government had to form Danaharta and bought all the NPL from banks to prevent them from going bust. US government had to rescue the banks by doing QE S. The scenarios affecting the gloves industry are not financial crisis. In fact it is not a crisis at all. Glove.companies are making unprecedented billions. The big4 are cash rich giving good dividends . Capacities expanded without borrowings. The only " issue " is ASP coming down after going up 4 to 5x. This is expected anyway .Since it is not a crisis, I think it will recover much much earlier than my 3 earlier examples which were REAL Financial crisis. Thanks again .

Posted by Stocksafeplayer > 2021-09-14 20:40 | Report Abuse

@pjseow…..There’s no crisis at Supermax la, at least not that I know of. Supermax is still functioning as usual.

Share prices just probably returning to its pre-covid prices since most vaccinated people who were infected with covid-19 usually are in Cat 1&2 ie mild conditions… go google for more info.

Posted by GlovesOff > 2021-09-14 20:52 | Report Abuse

Local Inst sold Topglove -157m
Foreign Inst sold Topglove -45.3m , Supermx -30.3m , Harta -26.9m

6/9 to 10/9/2021

Posted by Stocksafeplayer > 2021-09-14 20:59 | Report Abuse

My dear @pjseow….. got Hokkien song
“Oo si kee…….Oo si low…”

Tell your good friends ToneeFa etc that smart investors like me & some people here, we never said Supermax is not a good company.

Everyone knew Supermax made more than a billion in profits which is commendable. DSST had been frank & transparent so far mah.

No need to use old, recycled news to try to blindside other readers in this public forum.

Posted by Start_0f_the_bull > 2021-09-14 21:09 | Report Abuse

Stocksafeplayer @pjseow…..There’s no crisis at Supermax la, at least not that I know of. Supermax is still functioning as usual.

Share prices just probably returning to its pre-covid prices since most vaccinated people who were infected with covid-19 usually are in Cat 1&2 ie mild conditions… go google for more info.
14/09/2021 8:40 PM
----------------------------------------------------
Pre covid price is 65c but cash in hand per share unit is RM1.40. So how?
You can check with some of the shareholders if you are not sure, OK or not?

Posted by pjseow > 2021-09-14 21:10 | Report Abuse

Stocksafeplayer, yes agreed. No crisis in supermx. FY2022 can still.make billions. Even FY2023 , when ASP was assumed by IB to be US 25.5 , the profit can still hit 882 millions based on consensus.

Posted by pjseow > 2021-09-14 21:16 | Report Abuse

Stocksafeplayer. I like this Hokkien Song 爱拼才会赢 very much . Ai Pia Chia Eh Nyia . 30 % depend on luck , 70 % depend on.hard work. Sometime up , sometime down . Good luck , bad luck.......
-------------------------------
Stocksafeplayer My dear @pjseow….. got Hokkien song
“Oo si kee…….Oo si low…

Posted by Stocksafeplayer > 2021-09-14 21:20 | Report Abuse

Thanks for sharing @pjseow… Chill ya :)

Posted by Stocksafeplayer > 2021-09-14 21:26 | Report Abuse

SOtBull…. Why you so worried? The chart never lied right?

When some people including me used to ‘bet’ at 65 sen…. this doesn’t mean guarantee will happen right? If some of us can be so accurate in our predictions, confirm billionaires today la, no need lepak at this forum la

Just Chill la…. 65 sen may also not happen. Buying or selling shares at Bursa is similar to betting right?

Posted by Iamstilllearning > 2021-09-14 21:27 | Report Abuse

Pjseow
May I know what is your target price for supermx?
Just interested no any harmful.

Thank you

Posted by bang_miskin > 2021-09-14 21:37 | Report Abuse

Right now top 4 price is extremely attractive, Harta and Kossan already reached pre-pandemic price level. Even with China's competition threat looming, the possibility that any of these 4 gloves company will be in trouble within the next two years is extremely remote, laughable if you ask me. My advice is buy any of the top 4 companies, keep in freezer, no eye see for two-three years and reap profit. Unless you expert day-trade, forget short term price fluctuation, make your blood pressure up.

Posted by Start_0f_the_bull > 2021-09-14 21:38 | Report Abuse

I am not worried at all because I also don't hold any Supermax share. 65c really sound too urgly to me.
By the way, you can keep your bet of 65c to yourself, good luck to you.

Posted by Robinhud > 2021-09-14 21:41 | Report Abuse

Imagine who bought at rm 11 & keep it for long term.almost 80% loss.

Posted by Stocksafeplayer > 2021-09-14 21:51 | Report Abuse

SOTB….I can change my mind anytime, any investors can too.

Take it easy la… just chats in this forum.

People are entitled to change their minds. We don’t have to believe what other forumers posted here.

Most important is we get to hear latest trusted news or videos in this forum & exchange of ideas or experiences or personal expectations.

Of course, there would always be some very irresponsible or irritating forumers who uttered blatant lies which is why this world is never perfect mah…

Posted by MoneyMakers > 2021-09-14 21:52 | Report Abuse

Nothing attractive about Big 4, especially supermx..still got 75% drop down to 65sen

Posted by MoneyMakers > 2021-09-14 21:52 | Report Abuse

Big funds not touching anymore..they know whats coming..even US TG ADR alrdy cancelled

Only left sharks & bilis..as usual, bilis getting eaten bit by bit everyday until nothing left

Posted by pjseow > 2021-09-14 21:54 | Report Abuse

Shhh...You cannot ask such.question in public forum. I dont have license. Someone already give me friendly advice . Just read my past comments. Tgt price depends on what PE you want to assign.to the EPS. My last comment is based on OUBKayHian consensus estimate of FY2023 PAT of 882 millions. ASP Assumption is US 25.5. This PAT is 7.11x of supermx prepandemic PAT in FY 2019. The EPS is 32.4 s . You can decide what PE you want to give .
-----------------------------
Iamstilllearning Pjseow
May I know what is your target price for supermx?
Just interested no any harmful.

Thank you
14/09/2021 9:27 PM

Posted by GlovesOff > 2021-09-14 21:58 | Report Abuse

How about your latest avg price seafood ? Alot of your young padawans looking up to you leh
***********
pjseow Shhh...You cannot ask such.question in public forum.

Posted by GlovesOff > 2021-09-14 22:01 | Report Abuse

So many follow you already paid half price tix to Amsterdam... make it another half fully paid ONE
WAY ticket la

Posted by GlovesOff > 2021-09-14 22:05 | Report Abuse

Not only not touching , raped preggo & DUMPED

Local Inst sold Topglove -157m
Foreign Inst sold Topglove -45.3m , Supermx -30.3m , Harta -26.9m
***********
MoneyMakers Big funds not touching anymore..they know whats coming..even US TG ADR alrdy cancelled

Posted by Nightrider > 2021-09-14 22:09 | Report Abuse

why keep losing counter has many ppl posting days and nights? some writing essays somemore?
those limit up counters also dont have such many posts as here.

Don't waste your money to average down.
Let the glove counters silence and shorty lost their target to dump their shares.

I will leave here and move forward...Good luck guys

Posted by Benhobenhobenho > 2021-09-14 22:11 | Report Abuse

https://www.abc.net.au/news/2021-09-13/singapore-has-80-per-cent-vaccination-but-life-is-not-normal/100450154

Posted by Benhobenhobenho > 2021-09-14 22:19 | Report Abuse

Can life return to normal? That's a BIG question in everyone's mind now, I am sure.

Posted by GlovesOff > 2021-09-14 22:20 | Report Abuse

Fun ma not fun meh proved zealots wrong from 5xx to 2xx worry
*********
Nightrider why keep losing counter has many ppl posting days and nights?

Posted by Benhobenhobenho > 2021-09-14 22:21 | Report Abuse

I hope life will return to pre covid time but from the way things are going, do u think it will?

Posted by GlovesOff > 2021-09-14 22:23 | Report Abuse

Aiyo why you day and night search for depressing news just because of gloves. Who the hell expect return to normal. Gov/Western ppl no more at msia gloves mercy how to milk them w high ASP..... noob la you

Posted by mf > 2021-09-14 22:24 | Report Abuse

Dow Jones 34,746.953 -122.68 0.35%

Posted by GlovesOff > 2021-09-14 22:25 | Report Abuse

Simple you online shopping you buy 9.9 sale/cheapest or you buy the most cutthroat one??? Ownself a cheapo expect ppl pay premium aiyoooo

Posted by MoneyMakers > 2021-09-14 22:38 | Report Abuse

Communist country love covid restriction, more power to gov

US/UK life alrdy back to normal no problems

Posted by MoneyMakers > 2021-09-14 22:42 | Report Abuse

Mercator down another 6% tonite to 149 (yesterday down 5%) break another new low..Gloves everywhere going down

Posted by GlovesOff > 2021-09-14 22:49 | Report Abuse

Ben FYI https://www.thesundaily.my/local/lockdown-move-no-longer-apt-pm-ismail-sabri-updated-KF8337581

If still doom and gloom hide in cave w winterwolf ya

Posted by pjseow > 2021-09-14 23:11 | Report Abuse

Topglove will see better earning after ban lifted.
Kenanga estimated ASP will be normalised between US 30 to 35.


https://www.thestar.com.my/business/business-news/2021/09/14/top-glove-to-see-better-earnings-after-ban-lifted

Posted by Jason85 > 2021-09-14 23:34 | Report Abuse

Trust on Supermax

Posted by sharemarket21 > 2021-09-14 23:59 | Report Abuse

Room scammer also give up and not consistent. I like the birds analogy. Just way too long and can't recognize the actual world out there. Be water in stock market..Scammers also can't recognize themselves when their tactics failed due to no apparent reasons. You hope for the worse and the worst got you first. No one believes it will come to this stage when it was trading 8,6 and 4. Welcome to the real investment world.....At least you are still a bird and soon you become chicken when the process continues....

Posted by skyu > 2021-09-15 00:55 | Report Abuse

aiseh rhe hater dream come true, it is officially 2.5 and below 2 also posssible when manipulator is in play. anywhre, technically, this junk and other gloves are oversold critically from today

Posted by rr88 > 2021-09-15 06:34 | Report Abuse

Pjseow ass has been bleeding since long ago...you cant play a smartass with market....it will punish you... Set a stop loss point....when hit, get out...bcause yr smartass mind has been wrong....and admit it...rather than continue to be a smartass and keep on losing more n more.

There is a Second reading of the Windfall Profit Levy (Amendment) Bill 2020 in the Parliament Order Paper published on Tuesday.

Sell. Run fast. Price will continue to go down in anticipation of bad news.

Posted by myinvestor > 2021-09-15 07:06 | Report Abuse

Genting is very good but lost big money. I heard not going to open until end of year 2021. Lost 52% revenue in 2021. RWLV only 40-50% revenue and will not profitable in next 2 years according to UOB analyst. Gloves just little off the revenue and profit, shorties, ib analyst and Genting diehard fan jump up down celebrating and downgrading the glove stocks. This is market sentiment now in bursa.

Posted by AlexT12 > 2021-09-15 08:13 | Report Abuse

what will happen today? another 4 %? ..............drop? harta will start its diving today? tg will drop terribly after qr? by dec pennystock price is coming for glove? now we ask,by dec genting price how much? simple comparison. why debate so much. cut lost and run to recovery nia. hv to admit lose in stock market.

Posted by joyvest > 2021-09-15 08:23 | Report Abuse

Those fellows talk with prejudice and self Centre and behave indiscriminately as if they could control the share price, are making the biggest mistakes and highly misleading..

The market is not moved by all these prejudiced perspectives but reflective of the truth of facts...

Posted by LossAversion > 2021-09-15 08:30 | Report Abuse

@joyvest But that's how Bursa's game is now....played by emotions, irrationality, omong-omong kosong, and all others except for good books.

Posted by joyvest > 2021-09-15 08:36 | Report Abuse

What good books? The market is forward looking.your books look good now doesn't necessarily look good or better in the future unless you cook your books

The market is rational but some fellows are irrational..

Posted by Bgt 9963 > 2021-09-15 08:51 | Report Abuse

Weak trend...

Posted by xiaomixiaohai > 2021-09-15 08:58 | Report Abuse

Windfall tax will send glove sector to collapse lol

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

Is the shortist continue their short cover?
Resistance to break for short term bullish trend
265 & 269

Posted by munfatt2000 > 2021-09-15 09:07 | Report Abuse

I hold until 5

Supermax Corporation - FY21 Inline With Expectations
Date: 27/08/2021

Source : KENANGA
Stock : SUPERMX Price Target : 5.00 | Price Call : BUY
Last Price : 2.73 | Upside/Downside : +2.27 (83.15%)

Posted by greatinvestor1 > 2021-09-15 09:08 | Report Abuse

Make bursa Malaysia great again