Posted by investmalaysia7777 > 2021-10-22 10:13 | Report Abuse

All hangus d. Kena burnt gao gao. Pjseow, toneefa, beary, stealh all went missing

Posted by stingray_ea > 2021-10-22 10:14 | Report Abuse

Bat gave good dividend last Q dragging share price for selling purpose,
Bat price drop from 16.60 ---> rm14.... 24 cent dividend gain but share price dropped RM 2.60

Kossan give 12 sens dividend, same....????

Posted by Citadel123 > 2021-10-22 10:17 |

Post removed.Why?

Posted by GlovesOff > 2021-10-22 10:21 | Report Abuse

This everyone look forward to HAHA
**************
Citadel123 mana pjseow???? where the long essay???

Posted by stingray_ea > 2021-10-22 10:22 | Report Abuse

best time for selling while good news is from kossan

12 dividend .

what if next Q Kossan profit drop another 50% and 12 dividend ? that will be too late for big fund

Posted by Keyman188 > 2021-10-22 10:25 | Report Abuse

Kossan already reach 2.52 today...


BRAVO...OLEH...OLEH...OLEH...



wkwkwk...kekeke...hehehe...

Posted by oskchoon > 2021-10-22 10:32 | Report Abuse

Today Supermax stop dropping below RM 2.00 as smart ppl realised it is shorties who borrowed shares and dump the shares to push it down but in hugh volumes of 78 millions shares..

Posted by oskchoon > 2021-10-22 10:34 | Report Abuse

If shorties cannot buy Supermax shares in hugh volumes, they will be forced to buy back on next Monday at

Posted by Habisgl0v3333 > 2021-10-22 10:35 | Report Abuse

Sad, people won't buy into gloves anymore

Posted by Habisgl0v3333 > 2021-10-22 10:35 | Report Abuse

No matter how long the essays are

Posted by Habisgl0v3333 > 2021-10-22 10:35 | Report Abuse

Important note to essay writer : follow the wave not against it

Posted by Citadel123 > 2021-10-22 10:44 |

Post removed.Why?

Posted by Citadel123 > 2021-10-22 10:45 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-10-22 10:46 | Report Abuse

Is Kossan gloves maker or not?

Posted by ThePowerOfGlove > 2021-10-22 10:56 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-10-22 10:57 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-10-22 10:58 | Report Abuse

shorting gang getting tired & exhausted

Posted by ThePowerOfGlove > 2021-10-22 10:59 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-10-22 10:59 | Report Abuse

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

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-10-22 11:00 | Report Abuse

shorting gang now also resorting to desperate pathetic ridiculous grandfather qr massacre waterfart tale

pooooorrrrrttttt

Posted by newbie8080 > 2021-10-22 11:01 | Report Abuse

@TheTruthHurt

Next pandemic?

I doubt so.

Global pandemic that is severe normally occurs once every 100 years.

The last one is 1918, Spanish flu that killed over 50 million people globally.

Posted by ThePowerOfGlove > 2021-10-22 11:01 | Report Abuse

shorting gang desperate pathetic non-stop scaremongering bullkrapping not working anymore

Posted by ThePowerOfGlove > 2021-10-22 11:02 | Report Abuse

shorting gang goons only come out in big droves when stock showing big dip, just to do their usual badmouthing scaremongering bullkrapping

when stock up they all disappear, leaving only a few hardcore goons among them

Posted by ThePowerOfGlove > 2021-10-22 11:03 | 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 Jonathan Keung > 2021-10-22 11:04 | Report Abuse

Holding firm and support at 2.00+

Posted by GroundZeroIV > 2021-10-22 11:04 | Report Abuse

why wasting so much time promoting this rubbish counter? You think uncles/aunties can help you to push the price? dream on

Posted by ThePowerOfGlove > 2021-10-22 11:05 | 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 Dannyfyl88 > 2021-10-22 11:05 | Report Abuse

Out but not forgotten... Waiting game... this year is just shit for gloves...

Posted by ThePowerOfGlove > 2021-10-22 11:05 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-22 11:06 | Report Abuse

UK just recorded 49,156 daily cases on monday 18 october 2021

Posted by ThePowerOfGlove > 2021-10-22 11:07 | 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 UK & singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-10-22 11:07 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-22 11:08 | 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 GroundZeroIV > 2021-10-22 11:11 | Report Abuse

Die lo.. kltower1 lost until h@mk@chan

Posted by Citadel123 > 2021-10-22 11:11 |

Post removed.Why?

Posted by Citadel123 > 2021-10-22 11:12 |

Post removed.Why?

Posted by Keyman188 > 2021-10-22 11:21 | Report Abuse

Analysts cut Supermax earnings forecasts after US Customs ban on glove products

(theedgemarkets.com / October 22, 2021 11:02 am +08)


KUALA LUMPUR (Oct 22): Analysts on Friday (Oct 22) cut their earnings forecasts for Supermax Corp Bhd after the US Customs and Border Protection (CBP) said it will detain imports of disposable gloves produced by the group on forced labour allegations.

“We have cut our earnings forecasts for Supermax for FY22 (the financial year ending June 30, 2022) to FY24 by 22% to 54% as we believe that it would take at least a year for Supermax to resolve the issue with the CBP and given the likely pressure on its average selling prices (ASPs) due to its significant exposure to the US market,” said Affin Hwang Investment Bank in a note.

As a result, it cut its target price (TP) for Supermax to RM1.70 based on an unchanged 5.5 times 2022 price-earnings ratio (PER), and downgraded the stock to "sell" from "hold".


According to the research house, the ban would no doubt have an impact on Supermax's profitability as around 20% of Supermax’s sales come from the US market.

It also opined that Supermax will need to lower its ASPs in other markets to fill the void.

MIDF Research also in a note revised down its earnings estimates for Supermax for FY22 by 26.9% and FY23 by 11.1% as 51% of its revenue is derived from the US market.

The research house also revised down its TP to RM1.67 for Supermax, from RM2.72, and downgraded the stock to "trading sell" from "neutral".

“Just like its top peer (Top Glove Corp Bhd), with the immediate ban in effect, we can expect Supermax to start distributing in-stock rubber gloves meant for US exports to other continents,” it said.

With already-high competition in other continents, it said, the utilisation rate of Supermax’s production might decrease in preparation for customers being careful with purchases in the view of declining ASPs.

“The decrease in the utilisation rate has been factored into our earnings estimates since we assume that ASPs will remain above pre-pandemic levels given potential higher social compliance costs,” it said.

Meanwhile, CGS-CIMB Research maintained its “hold” rating of Supermax at RM2.05 with a lower TP of RM2.16, from RM3.20 previously, and said the latest development is negative for Supermax as 40% to 50% of its FY21 sales volume came from the US market.

“Hence, Supermax would now need to sell its gloves in other markets, which may have lower ASPs, until the CBP matter is resolved.

“We reiterate 'hold', with a lower TP of RM2.16 (12.8 times calendar year 2023 PER),” it said.

At 10.25am on Friday, Supermax had shed 0.98% or two sen to RM2.03, valuing it at RM5.52 billion.



## https://www.theedgemarkets.com/article/analysts-cut-supermax-earnings-forecasts-after-us-customs-ban-glove-products

Posted by Keyman188 > 2021-10-22 11:22 | Report Abuse

OMG...the lowest upcoming TP become RM 1.70 !!!...


Kesian...kesian...kesian...

Posted by FortuneBlooming > 2021-10-22 11:23 | Report Abuse

wise guys collect slowly & quietly at low

Posted by FortuneBlooming > 2021-10-22 11:24 | Report Abuse

vaccination rate is only the input part

Posted by TheTruthHurt > 2021-10-22 11:25 | Report Abuse

No need to think too far. Small country vs US u know the general outcome.
Happy sailing south.

Posted by FortuneBlooming > 2021-10-22 11:25 | 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 should 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

Posted by FortuneBlooming > 2021-10-22 11:25 | Report Abuse

australia only achieved 55% vaxxing rate

but they achieved much better than US, UK, israel & singapore in terms of very low daily infection rate

becos they performed much better in other input parts like precautionary preventive measures, use of appropriate ppe, tight sop etc.

so vaxxing rate is not everything

Posted by 8899EL8899 > 2021-10-22 11:27 | Report Abuse

mana pergi PNB equiti, hari hari bising bumiputra equiti tak cukup, sekarang harga murah , kenapa tak beli, duit simpan bawah bantal boleh jadi bukit kah, jangan salah orang lain, salahkan diri pengecut, tak tahu berniaga.

Posted by FortuneBlooming > 2021-10-22 11:27 | Report Abuse

How is global 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 desperate pathetic bullkrapping fearmongering

Posted by Knm_bottomed > 2021-10-22 11:27 | Report Abuse

Confirm bottom already

Posted by FortuneBlooming > 2021-10-22 11:28 | Report Abuse

While global population also still continuing to grow all the time

Posted by King325462 > 2021-10-22 11:28 | Report Abuse

rebound anytime

Posted by FortuneBlooming > 2021-10-22 11:28 | Report Abuse

global population right now growing at 90 million per year

this growth, just like your fd interest, is compounded over time

so, in just 8 more years, there's gonna be another 1 billion people on this planet

in just 14 more years, another 2 billion

in 19 more years, another 3 billion

Posted by Keyman188 > 2021-10-22 11:29 | Report Abuse

Amboi...EPF also NOT part of shareholder...

You think PNB want it !!!...

Please explore...research...study past history 1st lahhh...


wkwkwk...kekeke...hehehe...




Posted by 8899EL8899 > Oct 22, 2021 11:27 AM | Report Abuse

mana pergi PNB equiti, hari hari bising bumiputra equiti tak cukup, sekarang harga murah , kenapa tak beli, duit simpan bawah bantal boleh jadi bukit kah, jangan salah orang lain, salahkan diri pengecut, tak tahu berniaga.