Posted by ThePowerOfGlove > 2021-09-29 15:35 | Report Abuse

@adriantan, fast answer to your question, from mr. habisglov, formerly one of our leading glove scaremongers

Posted by Habisgl0v3333 > Sep 29, 2021 10:57 AM | Report Abuse

To make the price drop and buy cheaper!!!! I was a bear now bull!!! Rebound in cummin

Posted by Adrian Tan > Sep 29, 2021 10:52 AM | Report Abuse

I am really confused or just dumb. Why are there people posting damned negative news here on glove counters. If these counters are not worth investing in, just go find something else to focus on. I don’t believe they are here for their sincerity to help others. To prove they are more knowledgeable than others? Or is this to influence others for their own interests? Why would others entertain their rantings to make it self fulfilling ?

Posted by ThePowerOfGlove > 2021-09-29 15:35 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-29 15:36 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-29 15:36 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-09-29 15:37 | 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 investmalaysia7777 > 2021-09-29 15:37 | Report Abuse

Short from RM7 to Rm2.3 still say running out of gas hahahaha. Glovers run out of bullets then got la.

Posted by ThePowerOfGlove > 2021-09-29 15:37 | Report Abuse

singapore covid-19 cases just hit record high 1,939 cases per day on sunday

Posted by ThePowerOfGlove > 2021-09-29 15:38 | Report Abuse

high vaxxing rate alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-29 15:38 | Report Abuse

only wackos, nuthedds, crackos & stuppidos still believe that covid-19 gonna disappear completely in one month, just with high vaxxing rate alone

Posted by VolatileIsMyGold > 2021-09-29 15:43 | Report Abuse

the pendulum has swung the other way

Posted by VolatileIsMyGold > 2021-09-29 15:44 | Report Abuse

shorting gang gonna be buggerred big time soon

slaughtered like there's no tomorrow

Posted by VolatileIsMyGold > 2021-09-29 15:44 | Report Abuse

fairly soon

Posted by MoneyMakers > 2021-09-29 15:47 | Report Abuse

Now dont hear anymore glovers shouting fair price 6/7/8/so on..all alrdy proven completely wrong using BS assumptions to get to own desired imaginary TP

Posted by MoneyMakers > 2021-09-29 15:47 | Report Abuse

Unfortunately now alrdy 50%++ losses too late to do anything..damage has been done

Now can only pray sharks goreng & allow exit higher b4 Dec @ coming QR likely bring nxt mass massacre

Posted by Starship2 > 2021-09-29 15:48 | Report Abuse

I feel things will not go back prepandemic levels..reasons: covid may continue as a endemic, with threat of covid always present use of glove and PPE will continue, supermx has changed in terms of manufacturing capasity and reach as well as as its financial strength in terms of net assets per share, price to net assets, cash flow etc.

Posted by Maridien2 > 2021-09-29 15:51 | Report Abuse

Very disappointed shorties have not press down to below 2 so I can buy with my 100k dividend.

Posted by Maridien2 > 2021-09-29 15:53 | Report Abuse

Ya either this or hold until next pandemic, all diamond hands already.

Posted by MoneyMakers > Sep 29, 2021 3:47 PM | Report Abuse

Unfortunately now alrdy 50%++ losses too late to do anything..damage has been done

Now can only pray sharks goreng & allow exit higher b4 Dec @ coming QR likely bring nxt mass massacre

Posted by HarryBodoh > 2021-09-29 15:54 | Report Abuse

Glove stocks make many people bankrupt some want to suicide

Posted by munfatt2000 > 2021-09-29 15:56 | Report Abuse

As at 14th Sep 21 Short position 75Mil share

As at 15th Sep short position maintain at 75Mil share

As at 17th Sep short position increased to 76.4Mil.

As at 20th Sep short position increased to 77.2Mil.

21st Sep short position as high as 77.2Mil share.

22nd Sep Outstanding short position 78.2Mil.

23th Sep outstanding short position 79.3Mil.

24th Sep outstanding short position 80.3Mil

27th Sep outstanding short position 80.6Mil

28th Sep outstanding short position 80.6Mil

Shorties kept on lelong cheap cheap, grab more if u got holding power

Let shorties lelong cheap cheap to u, not u sell cheap cheap to shorties.

Posted by munfatt2000 > 2021-09-29 15:56 | Report Abuse

supermax good record - profit for 20yrs

supermax Jun 21 - NTA RM 1.82

CASH IN HAND RM 1.40

EPS FY 2021 RM 1.46

DPS FY 2021 RM 0.3180

Let shorties lelong cheap cheap to u, not u sell cheap cheap to shorties.

got holding power, grab more cheap ticket from shorties.

Posted by VolatileIsMyGold > 2021-09-29 15:58 | Report Abuse

yep

Posted by VolatileIsMyGold > 2021-09-29 15:58 | Report Abuse

way to go

Posted by VolatileIsMyGold > 2021-09-29 15:59 | Report Abuse

defeat shorting cartel

Posted by VolatileIsMyGold > 2021-09-29 15:59 | Report Abuse

don't get beat by them

Posted by Maridien2 > 2021-09-29 15:59 | Report Abuse

Very smart and evil at the same time, shorties know diamond hands will buy more with their dividends so stop shorting for now. I think better buy in few batches.

Posted by myinvestor > 2021-09-29 16:06 | Report Abuse

Most of the ib analysts review on gloves market are based on Frost and Sullivian 2020 data which i think is outdated information. They didn't know the delta is so dominant in year 2021 onwards. Vaccination have not resolve the pandemics. They also failed to notice the China which is 2nd largest economy will be big user of gloves in the world.


Forbest website.
"The U.S. Market is Estimated at $11.4 Billion in 2021, While China is Forecast to Reach $13.6 Billion by 2026
The Nitrile Gloves market in the U.S. is estimated at US$11.4 Billion in the year 2021. The country currently accounts for a 33.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.6 Billion in the year 2026 trailing a CAGR of 29.1% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 22.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.2% CAGR while Rest of European market (as defined in the study) will reach US$14.8 Billion by the close of the analysis period."

Posted by Fklim888 > 2021-09-29 16:16 | Report Abuse

will it be.... closing flat or... lol

Posted by Stockisnotfun > 2021-09-29 16:41 | Report Abuse

We know will never be end in near future but the shock came from covid no longer as strong as we first time encountered that. Now we are just treating this like normal disease.

Posted by ToneeFa > 2021-09-29 16:42 |

Post removed.Why?

Posted by Ryan83 > 2021-09-29 16:47 | Report Abuse

Supermax rebound today

Posted by Larn > 2021-09-29 16:50 | Report Abuse

RSS now near limit already..for every shares they shorting, they need to return back to lender..otherwise limit will trigger..they still can breakdown price but will not be so easy like before..cost them more money to RSS and maintain under limit..

Posted by Benhobenhobenho > 2021-09-29 16:51 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2021/09/29/record-2236-new-covid-19-cases-in-singapore/

Posted by Knm_bottomed > 2021-09-29 16:52 | Report Abuse

Gap up tmrw

Posted by risktoreward > 2021-09-29 17:08 | Report Abuse

Supermax beating away the kryptonite liaoo

Posted by Benhobenhobenho > 2021-09-29 17:13 | Report Abuse

Closed green

Posted by bulldog > 2021-09-29 17:15 | Report Abuse

Uptrend intact


Huat chaiii

Posted by MoneyMakers > 2021-09-29 17:15 | Report Abuse

Now is diamond hand..When drop to 65sen, will become ‘titanium enriched platinum alloy with gold coating’ hand lol

Posted by MoneyMakers > 2021-09-29 17:15 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-09-29 17:19 | Report Abuse

MM, Supermx pre pandemic FY 2019

Cash : Nett debt 250 million
Capacity : 22 billion p.a
Nett margin 8.5 %
PAT : 124.Millions
Business model : OEM 30 % , many.middlemen like dealers , agents ,

FY2021
Cash : Nett cash 3.5 billions
Capacity : 36 billions
Nett Margin : 55 %
PAT : 3815 millions
Business model.: OEM.2 % , no middlemen like agents and dealers , 58.% sell direct to.final customers and 40 % to independent.distributors.

There is a world of difference

Posted by Habisgl0v3333 > 2021-09-29 17:21 | Report Abuse

Uptrend from now!!!! Closed green!!!

Posted by Citadel9999 > 2021-09-29 17:38 |

Post removed.Why?

Posted by pjseow > 2021-09-29 18:34 | Report Abuse

Glove makers need 25000 workers urgently to fulfil the strong demand from now until end of 2022.
-------------------
https://www.businesstoday.com.my/2021/09/28/margma-rubber-glove-industry-needs-25000-workers-urgently/

Posted by Benhobenhobenho > 2021-09-29 18:52 | Report Abuse

It proved a very strong demand for gloves as demand continue to outstrip supply globally.

Posted by pjseow > 2021-09-29 20:10 | Report Abuse

Based on Margma projected average growth rate of 12 % increase in.demand per year and 20 % growth in capacities , demand will still be more than supply until end of 2023.

2021 2022 2023

Demand 500 b 560 b 629 b
Supply 420 b 503 b 609 b

The room for growth in demand in future is still
huge because the average per capita glove usage is at 50 only . The average per capita usage for the developed countries like North America , Europe and Japan.is above 200 while the rest if the world are still.at 25. The population in the developed countries is only 15 % of the world 8 billions. Both developed and the rest of the world usage will continue to grow at 12 to 15 % per year .
-------------------------
Benhobenhobenho It proved a very strong demand for gloves as demand continue to outstrip supply globally.
29/09/2021 6:52 PM

Posted by Knm_bottomed > 2021-09-29 20:57 | Report Abuse

Last time it went too high. Now went too low. Going back fast2 to fair value rm6

Posted by KooSan > 2021-09-29 21:02 | Report Abuse

Target price: RM 2.80

Posted by KooSan > 2021-09-29 21:03 | Report Abuse

Masuyk ! Masyuk!

Posted by planta > 2021-09-29 21:08 | Report Abuse

Tmr payday will be 2.23, good buy

Posted by Benhobenhobenho > 2021-09-29 21:38 | Report Abuse

Just the profit of one billion per quarter last year is equivalent to how many years of pre pandemic earnings totalled up. Just think for a moment. Of course this is a supernormal earning n may not be repeated. But company had secured billions of cash which can be used for any future biz like m&a, takeovers, new profitable biz, expansion etc.

Posted by Knm_bottomed > 2021-09-29 22:14 | Report Abuse

Supermx looking to diversify for sure. You cannot simply keep 3.5bil under the pillow without looking for handsome returns