Posted by rchi > 2021-09-20 21:36 | Report Abuse

The trend is your friend...trading rule no.1.Trading rules tak tahu play what stock?So easy ah make money frm mkt.

Posted by rchi > 2021-09-20 21:37 | Report Abuse

Strong down trend stock go average.Better throw money into sea .

Posted by MoneyMakers > 2021-09-20 21:49 | Report Abuse

65sen is longterm fair value nxt yr..short term, prepare 2.2 by month-end

Posted by ToneeFa > 2021-09-20 21:56 |

Post removed.Why?

Posted by GlovesOff > 2021-09-20 22:07 | Report Abuse

SAFE ?!?! Think you're stucked too deep
**********
SpmX will be a very safe haven to park ur money with good dividend yield.

Posted by greatinvestor1 > 2021-09-20 22:07 | Report Abuse

Make bursa Malaysia Great Again

Posted by MoneyMakers > 2021-09-20 22:08 | Report Abuse

Where got any good FA..ASP drop is now real data, not imagination/projection aiyoyo

Posted by MoneyMakers > 2021-09-20 22:08 | Report Abuse

Early year, ASP drop was just projection..nobody really knew when/how fast ASP would drop

Now ASP drop is clear..profit deterioration is clear (TG)..div deterioration is clear (TG)

Expect further heavy selloff coming

Posted by NatsukoMishima > 2021-09-20 22:10 | Report Abuse

@MoneyMakers Where got any good FA..ASP drop is now real data, not imagination/projection aiyoyo


ASP is just a small micro issue , if just a ASP drop issue will kill whole Malaysia glove sector then i can tell u the plantation , o&g already die all few years ago ! Brent oil dropped to - tive last year but rebound within a year ! Palm oil rm 1xxx per tonne few years ago but now is rm 4xxx ! Nothing to worry just hold if got holding power unless u tell me u are holding a gambling stocks then different story !

Posted by ToneeFa > 2021-09-20 22:14 |

Post removed.Why?

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

"According to industry players the asp of gloves is now down to about US$3 per box of 100 pieces, almost close to PRE PANDEMIC levels when it was trading at $2.50 per box

... the difference now compared with 2019 is that the industry has doubled its capacity with many new players.

.... countries such as China and Vietnam are producing gloves and flooding the market at about US$1.50 PER BOX !!!"

Posted by myinvestor > 2021-09-20 22:16 | Report Abuse

Faster klci index drop. the faster RSS ban.

Posted by GlovesOff > 2021-09-20 22:18 | Report Abuse

Another 3.8c divy ? Hahaha

You don't know what's coming that will kick your teeth in ... M sure you did not trade gloves before c19 to realise how thin their margin is & price wars
**********
Cancel the US expansion and distribute the excess cash to shareholders

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

Natsuko Who said ASP drop would kill MY glove sector aiyoyo..gloves will still make profit but can only support lower share price 65sen

ASP normalisation = profit normalisation = share price normalisation (65sen)

Posted by ToneeFa > 2021-09-20 22:24 | Report Abuse

GO, u over think on the ASP issues. The top veteran players will always have the advantage over the smaller players. Historically, the ASP may face knee jerk reaction but will normalised after 6 months. The players that cannot survive will close shop or sell to the bigger players for a song. The Big4 will have many cheap glove factories to pick up next year.

Posted by GlovesOff > 2021-09-20 22:27 | Report Abuse

I quoted from news la , since your buddy pjseow like read ib reports , why so silent about latest downgrades . Selective readings ka ... Lazy argue la just watch funds dump now , GL hahaha

Posted by GlovesOff > 2021-09-20 22:30 | Report Abuse

1. ... PRE PANDEMIC levels when it was trading at $2.50 per box

2. ... China and Vietnam are producing gloves and flooding the market at about US$1.50 PER BOX !!!"

Tony just remember this 2 notes ... haha pre-pan level ... wake up lor train has left

Posted by MoneyMakers > 2021-09-20 22:33 | Report Abuse

Near term biz environment is clear - normalised ASP/profit+low div

Share price also will adjust lower (65sen) to reflect said normalisation

Posted by pjseow > 2021-09-20 23:17 | Report Abuse

Tonee, based on.my estimation, by end of FY 2022 which is mid of CY2022, Supermx will have RM1.75 per share of cash after paying off another 280 millions for the 36 b capacity expansion. If Stanley and the management decide to delay the capacity.expansion for the balance 12 billions, they can.decide to distribute.all the 1.75 per.share of solid cash to the shareholders in the next.few qtrs. He and his wife will get 1.93 billions of cash.dividends. With today closing price of 2.44 , both of them can buy back another 29 % of the total supermx shares. They will then own 69 % of total shares. The company will go back to pre pandemic with about 250 millions nett debt but capacity.of 36 b instead of 22 b. The nitrile.to latexx ratio will also increase to 73 to 27 instead.of 52 to 48 during prepandemic. If we buy at 2.44 , effectively we are buying at 2.44 - 1.75 or 69 sen . The 69 sen is pre pandemic price but we are getting a supermx with much higher capacity of 36 billions fully paid for compared with 22 b during.pre pandemic. Furthermore , the IBs consensus PAT.for FY 2023.is 882 millions which is 7.1 times higher than the pre pandemic of 124 millions in FY 2019. Do you think Stanley and his management team.are not looking at the numbers and planning for the.attack at the right timing ? May be when.MM has work hard enough to push the price from.2.44 to 65 sen ?
Then we can use the 1.75 to sapu kaw kaw the supermx share at 65 s .

----------------------------
Stanley and wife will get 40% of the payout. Distribute 1b they get 400mil, if 2b they get 800mil. Good reard for their hard work.
20/09/2021 10:14 PM

Posted by Mr.Sm Invest123 > 2021-09-21 00:34 | Report Abuse

Please get FB Live sifu advice again hahahahaha

Posted by ThePowerOfGlove > 2021-09-21 00:55 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-21 00:55 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-21 00:58 | Report Abuse

shorting gang running out of desperate scare stories

Posted by ThePowerOfGlove > 2021-09-21 00:58 | Report Abuse

shorting gang now back to having to resort to desperate pathetic old stale tak laku grandmother's windfart tax tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-09-21 00:59 | Report Abuse

singapore covid-19 cases just breached 1,000 per day

Posted by ThePowerOfGlove > 2021-09-21 00:59 | Report Abuse

even singapore having problems with covid management now

Posted by ThePowerOfGlove > 2021-09-21 01:00 | Report Abuse

only wackos, nuthedds & crackos still believe that covid-19 gonna disappear completely in one month

Posted by ThePowerOfGlove > 2021-09-21 01:00 | Report Abuse

shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down

Posted by ThePowerOfGlove > 2021-09-21 01:01 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-09-21 01:01 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-09-21 01:01 | Report Abuse

New amendments to economic/finance policies leaning toward strategies positive for Bursa resurgence, including banning of RSS

Posted by ThePowerOfGlove > 2021-09-21 01:02 | Report Abuse

RSS is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-09-21 01:02 | Report Abuse

RSS not gonna survive for long more under new administration

Gonna be banned soon

If not under pm9, then under pm10

Posted by ThePowerOfGlove > 2021-09-21 01:02 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

Posted by HamsterHuat > 2021-09-21 01:03 | Report Abuse

not going to happen lah...
banning RSS ......Bankers making money lo..
why ban..

Posted by ThePowerOfGlove > 2021-09-21 01:03 | Report Abuse

RSS shorting gang are not really concerned about us losing our money

They're actually concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further

Posted by ThePowerOfGlove > 2021-09-21 01:04 | Report Abuse

So, once suspended, RSS should not be reinstated, until Bursa is in crazy gila insane hyperbull mode again.

Posted by ThePowerOfGlove > 2021-09-21 01:05 | Report Abuse

shorting gang now getting worried & anxious

Posted by ThePowerOfGlove > 2021-09-21 01:05 | Report Abuse

shorting gang now getting all stressed up

Posted by 6166chats > 2021-09-21 01:16 | Report Abuse

DJI DROP over 500 point,,,,,,

Posted by ThePowerOfGlove > 2021-09-21 01:21 | Report Abuse

djia is not that relevant to glove stocks, perhaps

Posted by ThePowerOfGlove > 2021-09-21 01:23 | Report Abuse

Really, dude? But you posted the link to an ancient Edge article, which came out on 2 february 2021

You are almost one year out of date, man

Typical shorting gang bullkrapping

Posted by bojed > Sep 20, 2021 11:33 AM | Report Abuse

@ThePowerOfGlove RSS is capped at 4% for a particular company in KLSE.

https://www.theedgemarkets.com/article/no-plans-banning-rss-again-says-bursa-ceo

So stop being paranoid and don't blame everything on them

Posted by rr88 > 2021-09-21 03:51 | Report Abuse

Evergrande contagion has reached new york. 750 pts drop. Dont play2 arr. China world's no 2 economy taking a beating. Implications are far reaching. China markets are closed, only open wednesday n will plunge big time bcause evergrande unable to pay debt n will collapse next day on thursday.

Posted by linheng > 2021-09-21 05:54 | Report Abuse

Tonee, based on.my estimation, by end of FY 2022 which is mid of CY2022, Supermx will have RM1.75 per share of cash after paying off another 280 millions for the 36 b capacity expansion. If Stanley and the management decide to delay the capacity.expansion for the balance 12 billions, they can.decide to distribute.all the 1.75 per.share of solid cash to the shareholders in the next.few qtrs. He and his wife will get 1.93 billions of cash.dividends. With today closing price of 2.44 , both of them can buy back another 29 % of the total supermx shares. They will then own 69 % of total shares. The company will go back to pre pandemic with about 250 millions nett debt but capacity.of 36 b instead of 22 b. The nitrile.to latexx ratio will also increase to 73 to 27 instead.of 52 to 48 during prepandemic. If we buy at 2.44 , effectively we are buying at 2.44 - 1.75 or 69 sen . The 69 sen is pre pandemic price but we are getting a supermx with much higher capacity of 36 billions fully paid for compared with 22 b during.pre pandemic. Furthermore , the IBs consensus PAT.for FY 2023.is 882 millions which is 7.1 times higher than the pre pandemic of 124 millions in FY 2019. Do you think Stanley and his management team.are not looking at the numbers and planning for the.attack at the right timing ? May be when.MM has work hard enough to push the price from.2.44 to 65 sen ?
Then we can use the 1.75 to sapu kaw kaw the supermx share at 65 s .

----------------------------
Stanley and wife will get 40% of the payout. Distribute 1b they get 400mil, if 2b they get 800mil. Good reard for their hard work.
20/09/2021 10:14 PM. WAH. VERY GOOD POINT. WILL COLLECT IN BATCHES

Posted by linheng > 2021-09-21 05:54 | Report Abuse

The new players will caput very fast

Posted by ToneeFa > 2021-09-21 06:18 |

Post removed.Why?

Posted by FairTalk > 2021-09-21 07:51 | Report Abuse

What is the estimated cash pile presently enjoy by Supermx? Regards

Posted by imvu > 2021-09-21 08:10 | Report Abuse

pattern kaunter glove = 2 bulan merah , 1 bulan hijau . sekarang sudah 2 bulan merah , jadi bulan depan bulan 10 hijau .

Posted by Bgt 9963 > 2021-09-21 08:59 | Report Abuse

Lower again...

Posted by Youngkid > 2021-09-21 09:03 | Report Abuse

Shorties push down to Rm2 , I am waiting