Don't worry la, company is profitable (even before covid) and freaking cash rich. U got cash u can do anything u like, buy over AA also can. Cash is king is always true,.
RHB Research Institute believes Supermax’s venture to the US is a “step in the right direction”.
“We are positive on the progress of this plan as this will enhance its branding in the US over the long term. In the US, Supermax sells its gloves under its own brand Aurelia. Pending details of the capacity, we maintain our earnings estimates. While cost of production may be higher than in Malaysia, we expect the higher ASP (average selling price) of Made-In-USA gloves to cover the increase in cost,” it said.
Uncle Sam will buy made in USA PPE even at higher price. How to win the trade war if keep on buying China PPE la. Uncle Sam is thinking long term la especially if war really break out.
im7777, although both you ( 三姑) and MM( 六婆) are 鸡婆 or gossipers , I must compliment you that the 三姑 is better in getting information than 六婆。 Stay tune. I will continue to average down to below 3 when the price hit 2 and below . Another opportunity of a lifetime. -------------------------- investmalaysia7777 you see pjseow. keep sticking to his methodology of PE la, cash la, future expansion la this and that. in the end also kena burn gao gao. His price should be around RM3 to RM3.5. market is all about sentiment. It dont care what you think. and what you think won't affect market. So just go with it and not against it. 24/09/2021 9:59 AM
Shorties give me an opportunity to add to this ridiculously low price. It is Historical and I will never have such an opportunity to double or triple the investment in 2-3 years. Go down... buy some more loh...
Coldeye 冷眼latest book "" The Ultimate formula "" advocated 6 criteria on selecting good stocks. He added another one from his previous 5 criterias . He still maintained GROWTH as the MOST IMPORTANT criteria followed by Dividend Yield, PE Ratio and Profit Margin, ROE and Cash Flow. For easy.remembrance , they are G D P and P R C. I had elaborated on Supermx Fantastic.growth rate of 63 % per year from FY 2019 to FY 2023 at normalised state with pre pandemic ASPs. I will talk about Dividend yield in.my.next comment.
I hope your price comes true....i pray so, so that i get to buy but some how, I am not too sure if dog mouth can find ivory... normally dog eat shite, an old habit...so ?
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....
DJoker89
4,901 posts
Posted by DJoker89 > 2021-09-24 10:50 |
Post removed.Why?