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
I did a quick calculation on the earnings per billion capacity for the big 4 glove makers and found that supermx has the highest earning per billion or EPB for the last 2 years as follows.
FY2020 FY 3021 Supermx 21.9 m 146.7 m Harta 14.8 m 112.0 m Kossan 10.6 m 93.7 m Topglove 7.2 m 83.2 m
Supermx is the most efficient inusing its available capacity to churn.out highest.earning although its nitrile to latexx ratio is lower than Harta and Kossan. The main reason for Supermx high EPB is the change in.business model since March 2020 which enabled a much higher distribution earning by cutting off the middlemen by selling direct to final customers.
Note : For fair comparison, the FY2020 start from July 2019 to June 2020 and FY2021 start from July 2020 till June 2021 for all except Topglove which cut off in.end May instead of end June.
singapore daily cases could possibly shoot up to 5 digits, if their govt & rakyat still too stubborn & adamant about relentlessly opening up & loosening up without sufficient restrictions & precautionary preventive measures
Supermx also has the highest nett margin for the last 2 years at 24.7 % and 53.2 % respectively followed by Harta at 17.5 % and 50.9 %. Topglove is 12.3 % and 49.3 % followed by Kossan at 12.6 %.and 44.3 %.
So, just going by the actual post-high vaxxing experiences in US, UK, Israel, Singapore etc., it still remains to be seen yet, how things gonna really play out in Malaysia in the weeks & months to come
The upside to high vaxxing rate is that it tends to produce a quick lowering effect on daily infection rate
The downside being, when guys see a quick reduction in daily infection rate, they also get overconfident & overexuberant fast, often too fast for their own good
So, whether sustainable or not sustainable in longer term, would greatly depend on discipline of both the govt & the rakyat
Yep, just as has already been proven in US, UK, Israel, Singapore etc.
Posted by pjseow > Oct 6, 2021 11:32 AM | Report Abuse
Supermx also has the highest nett margin for the last 2 years at 24.7 % and 53.2 % respectively followed by Harta at 17.5 % and 50.9 %. Topglove is 12.3 % and 49.3 % followed by Kossan at 12.6 %.and 44.3 %.
Supermax will give u good return if u grab the cheap ticket from shorties
How is glove demand ever going to go back to pre-pandemic level, when pandemic is quite obviously still raging & rampaging with newer & robuster covid variants still emerging all the time
that is just so obviously shorting cartel bullkrapping fearmongering
During FY 2019 ( mid 2018 to mid 2019) , Harta used to be the most efficient in Earning per billion capacity or EPB followed by Kossan , supermx and Topglove. This is due mainly to Nitrile to Latexx Ratio. Harta has the highest followed by Kossan , supermx and Topglove . The respective EPB are as follows: Harta 11.2 m Kossan 7.9 m Supermx 5.6 m Topglove 5.4 m
Since FY 2020 , Supermx EPB was the highest beating Harta , Kossan and Topglove although its Nitrile to Latexx ratio remain.at 3rd placing at 68 to 32 % in FY 2021. When supermx capacity increase to 48 b in CY 2023 , its Nitrile ratio will be increased to 80 %. I projected Supermx will remain as.champion in EPB in the subsequent years.
Someone wrote about Supermax being a different beast as compared to pre-pandemic and had some numbers, anyone remember who posted that? Very informational.
The company Director disposing share can only be a reference. What happened in the reality is that this counter been trying hard to trap retailers.
Many hoping for a rebound. When it rises a few cents, they are expecting it to be continuously for a few days till their TP. But reality is always so cruel that when it rises a day, the next few days it dip all the way to another new low. No support at all.
When one refers back the price history, the previous week's prices seem unachievable anymore. Unless if you are a real investor who would hold long.
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....
ThePowerOfGlove
3,963 posts
Posted by ThePowerOfGlove > 2021-10-05 23:15 | Report Abuse
shorting gang running out of gas