The FY 2020 , FY2021 and FY.2022 are considered Super or Extraordinay years.for.glove.makers. Supermx has already.made 526 millions in FY 2020 and another 3815 millions in FY2021. Based on the outstanding deposits or prepayments of 631 millions in.last QR , supermx still have about more than 2 billions of OLD orders.which had lock in ""old ""ASPS. I.projected FY 2022 PAT of about 2000 millions. So the total PATs for the 3 extraordinary years are about 6341 millions or 6.341 billions. This super profit is 4X of what.supermx made for the last 20 years.
What can supermx do with this huge cash ?
1. Use it for capacity.expansion . So far.1.39 billions has been committed to double the capacity to 48.billions. This 1.39 b.should be able to generate a ROA of more than.10 %.
2. Use it to pay.for dividends . A total of 31.8 sen or 865 millions has been.paid out this year. I will talk about DY in.my next topics of Coldeye stock selection criteria.
3. Keep as.Cash.in.hand temporarily to earn FD.rate or for future M and A which can potentially earn higher returns.
It is a huge.mistake for IBs not to take such cash into consideration.for their valuations.
vaxxing 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
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 further
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
RSS shorting gang are not really concerned about us losing our money
They're actually only 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
The recent steep hike in.coal prices has resulted in many power plants in.China to limit supply of electricity to Chinese factories in.more than.15 provinces. This will increase the cost of production for gloves made in China..The.power crunch in.China is.big news . The steep hike in.natural gas recently will also excerbate the production.cost in.China. Malaysia being.LNG producers will have cost advantage . Natural gas represent 15 % of glove production.cost. The China threat is over.blown. Stay tune. The IBs will.sing a different tunes later.
Hey guys, anyone heard anything about the planned Plant 18 venture in the US? The last news was that Plant 18 would kick-start in 1H2021 and commission in stages in 1H2022.
fake reversal la, shorties will press down further because that is their only game plan. Don't waste your dividend buying at this price when u can buy lower next month.
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....
MoneyMakers
7,647 posts
Posted by MoneyMakers > 2021-09-29 22:54 | Report Abuse
Alot new snake oil sellers lately..just waiting to stab longterm glovers in the back & run after few % profit