Posted by Larn > 2021-10-15 16:04 | Report Abuse

https://www.theedgemarkets.com/article/lim-wee-chai-buys-top-glove-shares-first-time-three-months-price-dips-below-rm3

Posted by Larn > 2021-10-15 16:09 | Report Abuse

ayoo...if glove demand continue rising infuture like this...waiting forever la my 65sen golden entry..

shorties..when price breakdown to 65sen? if 1,2,3sen everyday...

what are you shorting bro?? can make money or not...

some more shorting sideway...you call yourself shorties ka sideway...ayoo joker

Posted by Larn > 2021-10-15 16:14 | Report Abuse

that why..those trader in IB are not street smart...just punk assss

how you shorties plan to get out of this mess...

simply put shorties borrowed too much already

Posted by Larn > 2021-10-15 16:16 | Report Abuse

shorties now at point where if keep bring down price also u burn..if price go up also u burn...

Posted by Larn > 2021-10-15 16:17 | Report Abuse

wanna go side way for 1 year ka shorties...u burn also..hahaha

Posted by MoneyMakers > 2021-10-15 16:22 | Report Abuse

Can only wish sideway 1 yr..nxt yr alrdy penny stock lo

Posted by Larn > 2021-10-15 16:26 | Report Abuse

ya ya ya...waiting forever for 65sen..

Posted by Larn > 2021-10-15 16:27 | Report Abuse

6.5sen also can..why not..no future maa

Posted by munfatt2000 > 2021-10-15 16:53 | Report Abuse

when 65sen ah!

when 65sen ah!

when 65sen ah!

haha

Posted by Larn > 2021-10-15 16:55 | Report Abuse

at 450pm..purple color buy..but shorties say no insider wanna buy...haha joker

Posted by Dannyfyl88 > 2021-10-15 17:41 | Report Abuse

MM says penny stock next year... I have never seen a Billion dollar making company to penny stock yet. Let's see loh... One Catalyst...

Posted by MoneyMakers > 2021-10-15 18:20 |

Post removed.Why?

Posted by Sneakpeek > 2021-10-15 21:24 | Report Abuse

Target: penny stock by next year

Posted by Ryan83 > 2021-10-15 21:34 | Report Abuse

Short selling not active nowadays to push down share price below RM2 just short term retailers and local institutions net selling nowadays

Posted by Start_0f_the_bull > 2021-10-15 21:44 | Report Abuse

Sneakpeek Target: penny stock by next year
15/10/2021 9:24 PM
------------------------------
What? Target penny stock?
Normally people target from penny stock become above RM1 stock and from RM1 to become multi ringgit stock but this guy aims for the opposite. Strange!

Posted by Keyman188 > 2021-10-15 21:53 | Report Abuse

Very fortunate Keyman188 had opted for Kossan rather than Supermax...

Today Kossan already hit 2.44 liao but Supermax still below 2.20...

Adui...

Posted by pjseow > 2021-10-15 23:01 | Report Abuse

Harta has very aggressive long term capacity.ecpansion.plan from.current 43 b capacity to 95 billion in 2027.
So far Supermx has committed to increase its capacity to 48 b by 2023 . A simple calculation show that supermx can also increase its capacity to 88 b in 2027 in tandem.with the yearly growth rate of 12 to 15 % durimg post pandemic without borrowing . Even with such expansions and supermx is still.able to pay lucrative dividend every.year.and maintain a nett cash positions throughout the years.

-------------------------
https://www.reuters.com/article/health-coronavirus-malaysia-hartalega-idUSL1N2L80E0

Posted by ThePowerOfGlove > 2021-10-16 01:10 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-10-16 01:11 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-10-16 01:11 | Report Abuse

shorting gang getting tired & exhausted

Posted by ThePowerOfGlove > 2021-10-16 01:11 | Report Abuse

shorting gang getting really desperate now

Posted by ThePowerOfGlove > 2021-10-16 01:12 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-10-16 01:12 | Report Abuse

shorting gang now back to having to resort to desperate pathetic hopeless grandmother windfart tax tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-10-16 01:13 | Report Abuse

singapore covid-19 cases just hit record high 3,703 cases per day on saturday 9 october 2021

Posted by ThePowerOfGlove > 2021-10-16 01:13 | 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 > 2021-10-16 01:13 | Report Abuse

vaxxing alone can't do the job, as has been proven by experiences in US, UK, israel, singapore etc.

Posted by ThePowerOfGlove > 2021-10-16 01:14 | 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 GlovesOff > 2021-10-16 08:31 | Report Abuse

how? never troll during market also cannot up?

-0.01 "You catch it, the money is yours" HAHA

Posted by GlovesOff > 2021-10-16 08:32 | Report Abuse

last night no junkie support group ke

this weekend come out support one another la

Posted by Habisgl0v3333 > 2021-10-16 10:37 | Report Abuse

Don't worry glovers , slaughter will come after qtr

Posted by ThePowerOfGlove > 2021-10-16 11:46 | Report Abuse

MARGMA expecting rubber glove supply shortfall of 80 billion pieces in 2021

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

demand 500 billion pcs, supply only 420 billion pcs

Posted by ThePowerOfGlove > 2021-10-16 11:47 | Report Abuse

so called 'living with covid' strategy does not mean simply forgetting that covid still exists & still raging & rampaging

OTOH living with covid means living & working as normal BUT keeping all safety health precautionary preventive measures, stringent restrictions, using appropriate preventive ppe, tight sop etc. to keep covid daily cases at as low level as achievable

Posted by ThePowerOfGlove > 2021-10-16 11:48 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-16 11:48 | Report Abuse

RSS shorting is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-10-16 11:49 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-10-16 11:49 | Report Abuse

RSS shorting ban in the pipeline

Posted by ThePowerOfGlove > 2021-10-16 11:50 | Report Abuse

RSS shorting not gonna last for very long more under new administration, gonna be banned soon, if not under pm9 then under pm10

Posted by ThePowerOfGlove > 2021-10-16 11:50 | Report Abuse

RSS shorting does not produce any benefit to Bursa at all

Posted by ThePowerOfGlove > 2021-10-16 11:51 | Report Abuse

So, no reason at all for RSS shorting to be allowed to continue

Posted by ThePowerOfGlove > 2021-10-16 11:53 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

Lagi they already donated RM400 million to Malaysian govt last year for fighting covid

So Malaysian govt very sayang sama Gloves Big 4 & 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

Posted by ThePowerOfGlove > 2021-10-16 11:54 | Report Abuse

shorting gang are not really concerned at all about us losing our money, that line of talk is just simply their complete bullkrapping

they're really only concerned with themselves losing their money, when their desperate pathetic bullkrapping fearmongering does not work on us any more & they fail to drag down the stock price further

Posted by ThePowerOfGlove > 2021-10-16 11:54 | Report Abuse

So, once suspended, RSS shorting should not be reinstated until Bursa is in crazy gila insane hyperbull mode again

Posted by pjseow > 2021-10-16 12:34 | Report Abuse

With the huge cash piles of 3.78 billions in the coffer plus the coming estimated 1.73 billions earnings for FY 2022 ,supermx is able to fund future capacity expansions further and pay lucrative dividends and still maintain a high cash in hand in subsequent years .

Supermx will be transformed in terms of growth in capacity and earning , paying good dividend and maintain a strong nett cash company from its pre pandemic nett debt ,slow growth and much less aggressive capacity expansion company .
Below are how the huge cash piles and future earnings can be allocated .
My wish list .


FY2022

Balance cash end June 2021 3780 m
Add PAT in FY 2022 1730 m
Minus prepayment or deposits 631 m
Minus part payment for cap add 455 m
Minus 60 s dividend for 4 qtrs 1632 m

Balance cash in hand 2792 m

FY 2023 ( assuming normalised ASP of 26 )

Add consensus PAT in FY 2023 880 m
Minus balance cap add to 48 b 500 m
Minus 40 s dividend 1088 m

Balance cash in hand 2084 m


FY 2024 ( assuming ASP of 26 )

Add PAT (48x26x0.85x4.15x0.2) 880 m
Minus 25 sen dividend 680 m
Minus 6 b cap add ( 6 x62 m) 372 m

Balance cash in hand 1912 m


FY 2025 ( assuming ASP of 26)

Add PAT ( 54x26x0.85x4.15x0.18) 891 m
Minus 25 sen dividend 680 m
Minus 7 b cap add ( 7 x 62) 434 m

Balance cash in hand 1689 m


FY 2026 ( assume ASP of 27 )

Add PAT (61x27x0.85x4.15x0.17) 987 m
Minus 25 sen dividend 680 m
Minus 8 b cap add ( 8 x 62 m ) 496 m

Balance cash in hand 1500 m


FY 2027 ( assume ASP of 28 )

Add PAT ( 69x28x0.85x4.15x0.17) 1158 m
minus 25 sen dividend 680 m
minus 9 b cap add ( 9 x 62 m) 558 m

Balance cash in Hand 1420 m

Summary

The above is a summary of how the huge cash pile can be allocated to expand capacity ,pay dividend and keep it in cash in hand for future use.
Supermx is capable of keep expanding capacity with a rate of adding between 12 to 15 % in tandem with the growth of gloves usage in the world . At the same time pay a dividend of about 25 sen per year and still keep a cash in hand of about 1.5 b .
The average dividend yield for the next 6 years will be about 15 % at current price of 2.20 . At a stabilised ASP of US26 to 27 per thousand and a margin of 17 to 18 % , supermx can still generate about a billion PAT per year .
The EPS for PAT of a billion is 36 sen . If you assign a PE of 10 , it is worth 3.60 , A PE of 12 will give 4.32 and a PE of 15 will 5.40 .

Supermx is no more the old prepandemic supermx .
It has and will continue to be transformed into

1. A strong earning growth company from 124 millions in FY 2019 to a
billion PAT company
2. A strong nett cash company with about 1.5 billion cash in hand

3. A high Dividend Yield company with about 15 % DY at current price

4. A high capacity growth company growing to 2, 3 to 4 times the prepandemic capacity of 22 b per year within 4 to 8 years .

You are welcomed to adjust whatever assumptions as you wish . It is a balancing act and make your own judgement .

Disclaimer : It is not a buy or sell call. It is for sharing . My intention is to show that supermx has enough money for aggressive capacity expanding , pay lucrative dividends and still keep a strong nett cash for the next 6 years or more .

Posted by skyu > 2021-10-16 12:49 | Report Abuse

no matter how well u anticipate the earning and cash reserve, when the manipulator trying to push the price down, nothing much u can do, don’t forget there are 2.72 billions to play with

Posted by FortuneBlooming > 2021-10-16 12:57 | Report Abuse

wise guys collect slowly & quietly at low

Posted by FortuneBlooming > 2021-10-16 12:58 | Report Abuse

wise guys don't dither hesitate pussyfooting waiting for high then only chasing furiously

Posted by FortuneBlooming > 2021-10-16 12:58 | Report Abuse

ha ha ha

Posted by pjseow > Oct 14, 2021 6:25 PM | Report Abuse

MM , I am.a supermx investor whereas you dont even own a single supermx share. Everyday you talk bad about supermx , profit drop.lah, price going down to 65 s lah and no more money for dividend etc. Are you.mad , insane or crazy ? When did ST said company no.more money to pay dividend? The site for the US plant has not even been .selected yet and here you are talking like supermx CEO.

Posted by FortuneBlooming > 2021-10-16 12:59 | Report Abuse

yep, exactly

Posted by bang_miskin > Oct 13, 2021 2:19 PM | Report Abuse

ToneeFa: yup agree with pjseow, SpmX coming QR should be ard 500mil+, with dividend ard 0.10

_______________________________________________________________
If dividend is at 0.10 per share, at current price, that makes it one of the highest yield dividend stock. Twice the return of Maybank.

Posted by FortuneBlooming > 2021-10-16 13:00 | Report Abuse

vaccination rate is only the input part

Posted by FortuneBlooming > 2021-10-16 13:01 | Report Abuse

we have yet to see whether malaysian high vaxxing rate can deliver a sustainable low daily infection rate or otherwise, what with the rapid opening up & loosening up of everything

daily infection rate is the outcome part that we sould be focusing on

vaxxing rate is merely the input part

UK, US, israel, singapore all already achieved high vaxxing rate 7 months or more earlier than malaysia

but look what happened up to them all after they opened up & loosened up everything so fast, even with 85% vaxxing rate