Many investors trusted the IB s super high tgt prices last year and bought at super high prices with high PEs when these IB s made buy calls. Even in May this year , these IB s tgt prices were still averaging at rm 7.30 and make buy calls . Now the same IB s are making sell calls with.extremely low tgt prices with.extremely low PE. How can we trust all these con IBs. They recommend these TPs n now they gave a very low TPs
They made Buy call to Sell to us. They made Sell call to Buy from us. These are just crooks. The weak holders are the ones paying dearly. Now these crooks are in Tech sector...pumping P/E to 100 to 400.
Shorties need to collect and return tickets that is why write sh!t analysis. Now no need wait pandemic ends because all countries going the endemic route. Endemic means outbreak happens from time to time just like dengue. Diamond hands all just sit and collect dividends every year while shorties continue to pay annual interest for the borrowed shares.
The prices of supermx has come down from the high of rm 12 since Oct.last year but the IBs.had never make any.sell.call until the last 2 to 3 weeks after the prices dropped to about rm 2.20 to 2.40. The IB s should have made the sell calls when the prices reached the inflection points or turning points. What is the point for IB s to.make sell.calls now after the prices has dropped 80 % with PE at 1.6 . Worst.still they.set the tgt prices at rm 1.80 to 2.35 now from the high of 6.60 to 8.35 just a few months ago. Dont tell me they dont know ASPs are coming down in.May 2021 ? I am the first person to assume a worst case scenario with ASP of US 24 in May right after supermx briefed the analysts that ASPs were coming down at the rate of 15 to 25 %. When the cash in.hand reached 60 % of the market cap ,dividend yield at the high of more than 15 % and PE.at 1.6 , then make sell calls???
IM777, You won by listening to IBs ? Oop forgot you are working for IBs. I won by not listening to IBs. Lasy year , when they have buy calls at extreme high PE s and high tgt prices, I sold all . Now when they say sell with extremely low tgt price , I buy . Follow Warren.Buffet and Coldeye Contrarian approach. The verdict will be know in one to two years time.
------------- investmalaysia7777 no need to argue la. proven we (naysayers) are right. all other things are bullshxt. Winners say it all. 07/10/2021 5:12 PM
IM 777, You learn primary school.maths or not ? Supermx made 526 m in FY 2020 , 3815 m in FY2021 and most likely another 1730 m in the coming FY 2022. The total is 6071 m. This earnings can be used to expand the capacity from 22 b to 110 b and still has a balance of 511 m. Simple maths will tell you that the capacity can be 5x of pre pandemic 22 b . Supermx can decide to use 2x 1390 m or 2780 m to make total capacity to 66 b and the balance money used for dividend.paynents .
Balance for dividend = 6071 - 2780 = 3291 m
or Dividend per share of 3291/2720 = 121 sen.
Assuming an.ASP of US 28 in normalised periods, the 66 b capacity can make
PAT = 28.x 66 x 0.8 x 4.15 x 0.2
= 1227 m per year
This is 10 x what supermx made in.FY 2019 . The EPS is 1227/2720 = 45 s If use.PE of 10 we also can get a value of 4.50 . Plus the rm 1.21 total dividend.distributed, the total value should be 4.50 + 1.21 or 5.71 per share . If you.sell me at 1.80 , I will buy loh. So much discount you want to give ? -------------------- investmalaysia7777 1.8 equivalent to 3.6. much higher compare to prepandemic price. harta and kossan already drop to pre pandemic price. 07/10/2021 5:55 PM
Pjseow try dont write long2 essay see can rocket not? Best if dont write at all , true contrarian this way ********** investmalaysia7777 Congrats to Citadel, Glovesoff, Glovefinish. We have won
Smart to tp at peak , but surely d*mb AF to give back/lose it all ....
Haha now ask to hold 1-2 years ?!?! Wait next pandemic la ********** I won by not listening to IBs. Lasy year , when they have buy calls at extreme high PE s and high tgt prices, I sold all . Now when they say sell with extremely low tgt price , I buy . Follow Warren.Buffet and Coldeye Contrarian approach. The verdict will be know in one to two years time.
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....
munfatt2000
243 posts
Posted by munfatt2000 > 2021-10-07 15:01 | 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.