Posted by Dannyfyl88 > 2021-11-17 16:54 | Report Abuse

65... wait long long long now....

Posted by kbtsyl68 > 2021-11-17 16:56 | Report Abuse

If i am ST i will privatise the company by making GO at RM 3.00 . He only need RM 5B based on 60% shareholding not belongs to him and within 5 years the most he will make all his money back.

Posted by Condom004 > 2021-11-17 17:00 | Report Abuse

Gogogo

Posted by amateurJR > 2021-11-17 17:07 | Report Abuse

haha privatise meh?

Posted by MoneyMakers > 2021-11-17 17:09 | Report Abuse

Privatise rumor scam exist since rm6/5/4/3/2..better wait nxt yr can privatise @ 65sen

Posted by MoneyMakers > 2021-11-17 17:09 | Report Abuse

Stuck boring range..another day closer to QR massacre..just 1week++ left!!

Posted by dianatrader > 2021-11-17 17:11 | Report Abuse

Supermax and TG really having good day again today.

Greennnn

Posted by Condom004 > 2021-11-17 18:30 | Report Abuse

https://www.orientaldaily.com.my/news/international/2021/11/17/450386 Korea hit ICU highest record...Korea SOP so strict also like this...dun play play with this virus

Posted by warrenG > 2021-11-17 18:31 | Report Abuse

monday up 3% , Tue dropped 8%, today up 4% , tomorrow dropped 10%...slowly going to RM1.2

Posted by OnTime > 2021-11-17 19:03 | Report Abuse

Nostradamus!

Posted by kbtsyl68 > 2021-11-17 19:04 | Report Abuse

My personal opinion for those who bought at RM 5, RM 4, RM 3 should consider to average down based on current price. If GO do happens at RM 3.00, all investors buying at high price will lost in this investment. Unless you wants to wait the price to drop to RM 0.65 which may happens if the MM group works harder. Today RM 1.70 also didnt materialised.
Maybe tomorrow may happen.

Posted by pjseow > 2021-11-17 19:13 | Report Abuse

GO memang bodoh , want to ajak ajak ayam to bet tapi tak berani give estimated numbers. Stupxxd GloveOff .

----------------
GO,Isnt this message from you an invitation to bet with me or Toneefa ? Just admit you chicjen out lah?
---------------
GlovesOff @pjseow @taofoofa want to bet ? Hehehe
16/11/2021 11:55 PM
17/11/2021 12:16 PM

GlovesOff bodoh betul . no numbers how to bet ... -QoQ so low you don't even dare to spell HAHAHA
***************
pjseow GO, Isnt this message from you an invitation to bet with me or Toneefa ? Just admit you chicjen out lah?
17/11/2021 12:19

Posted by Condom004 > 2021-11-17 19:18 | Report Abuse

屌....赚钱的公司,从接近20块分拆1送1後...跌到1.7的股价还要顾虑酱多

Posted by Tantoro > 2021-11-17 19:21 | Report Abuse

Wednesday, 17 Nov 2021

7:06PM SUPERMX Appointment of SUNG FONG FUI As Others
7:06PM SUPERMX Redesignation of ALBERT SAYCHUAN CHEOK As Others
7:06PM SUPERMX Resignation of TING HENG PENG As Others
7:05PM SUPERMX Appointment of SUNG FONG FUI As Others
7:05PM SUPERMX Redesignation of ALBERT SAYCHUAN CHEOK As Others
7:05PM SUPERMX Appointment of THAI KIM SIM As Others
7:04PM SUPERMX Interim Dividend
6:59PM SUPERMX 1Q net profit 666.327 million (decreased 17.99%)

Posted by Tantoro > 2021-11-17 19:22 | Report Abuse

7106 SUPERMX SUPERMAX CORPORATION BHD
Quarterly rpt on consolidated results for the financial period ended 30/09/2021
Quarter: 1st Quarter
Financial Year End: 30/06/2022
Report Status: Unaudited
Submitted By:

Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/09/2021 30/09/2020 30/09/2021 30/09/2020
RM '000 RM '000 RM '000 RM '000
1 Revenue 1,455,660 1,352,537 1,455,660 1,352,537
2 Profit/Loss Before Tax 930,851 1,049,242 930,851 1,049,242
3 Profit/Loss After Tax and Minority Interest 638,524 789,516 638,524 789,516
4 Net Profit/Loss For The Period 666,327 812,485 666,327 812,485
5 Basic Earnings/Loss Per Shares (sen) 24.60 30.58 24.60 30.58
6 Dividend Per Share (sen) 0.05 0.00 0.05 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 1.9100 1.8200


Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com



17/11/2021 06:59 PM


Ref Code: 202111173100364

Posted by Maridien2 > 2021-11-17 19:23 | Report Abuse

Great QR and most importantly Stanley returns as executive chairman.

Posted by kbtsyl68 > 2021-11-17 19:24 | Report Abuse

cheers to all supermax investors.

Posted by GlovesOff > 2021-11-17 19:25 | Report Abuse

hehe unlike you bodoh lagi kalah teruk . told ya -QoQ PATry today hehe
*********
pjseow GO memang bodoh , want to ajak ajak ayam to bet tapi tak berani give estimated numbers. Stupxxd GloveOff .

Posted by Maridien2 > 2021-11-17 19:29 | Report Abuse

Stanley the new executive chairman will make all the shorties eat shiat soon.

Posted by monetary > 2021-11-17 19:30 | Report Abuse

trouble ahead. deposit from customer drop drastically.

Posted by OnTime > 2021-11-17 19:36 | Report Abuse

Stanley taking the helm!

Posted by Benhobenhobenho > 2021-11-17 19:50 | Report Abuse

With all the billions of retained earnings, perhaps supermax can consider diversify to micro financing n money lending just like what many cash rich companies are doing instead of focus on core biz healthcare ppe only. Micro financing n money lending can be a very lucrative biz to venture into.

Posted by Condom004 > 2021-11-17 19:55 | Report Abuse

Appoint Padini pakar kewangan Miss Sung join Supermax...it means company start change to dividen consisten strategy

Posted by IronShirt > 2021-11-17 19:59 | Report Abuse

minus YoY 20% is really a BIG, big surprise....Harta and Kossan YoY are Green...Stanley talking
strange " E-MCO " cut production...what about Harta and Kossan ( their factories located in
Singapore )

Posted by DJoker89 > 2021-11-17 20:11 |

Post removed.Why?

Posted by pjseow > 2021-11-17 20:12 | Report Abuse

GO, hahaha, The QR is.much much better than.my and Tonee expectation. My previous estimate was 543 million. The Q1 PAT of 639 millions was so much higher. The result is much.better tha Harta and Kossan which drop 60 and 50 % resoectively. Supermx PAT drop only 34 % QOQ. As what I mentioned earlier ,.supermx had.substantial "old orders" with high ASPs based on its deposits of 631 millions. The deposit drop to 127 millions now.
Stupxxd GO . Failed his maths again.
--------------
GlovesOff hehe unlike you bodoh lagi kalah teruk . told ya -QoQ PATry today hehe
*********
pjseow GO memang bodoh , want to ajak ajak ayam to bet tapi tak berani give estimated numbers. Stupxxd GloveOff .
17/11/2021 7:25 PM

Posted by AdCool > 2021-11-17 20:12 | Report Abuse

Good quarter. Revenue still at 1.4 bil and not below 1 bil as forecast by most.

Posted by DJoker89 > 2021-11-17 20:14 |

Post removed.Why?

Posted by DJoker89 > 2021-11-17 20:16 |

Post removed.Why?

Posted by gemfinder > 2021-11-17 20:18 | Report Abuse

https://www.theedgemarkets.com/article/jp-morgan-slashes-target-price-glove-makers-precovid-levels-cites-markets-underestimation

Posted by Keyman188 > 2021-11-17 20:19 | Report Abuse

OMG...right now NTA already 1.91...

So P/B value only 0.95...really historical low...

Soon Keyman188 holding Kossan sooner or later become historical low of P/B...


Hooray...Hooray...

Posted by munfatt2000 > 2021-11-17 20:36 | Report Abuse

oi I am waiting 4 65sen leh

MM pls do ur job lah

Morron Monkey

Posted by 5c0160 > 2021-11-17 20:43 | Report Abuse

after jp lansai down TPtmr sure open lower. ppl buying today go holland eat wind.

Posted by Ryan83 > 2021-11-17 20:47 | Report Abuse

Another 5 sen dividend only but above expectation RM638 millions profit after tax....The real bloodbath QR hv to wait next QR release in next year Feb due to full impact of US CBP ban and Canada federal government contract ban

Posted by Habisgl0v3333 > 2021-11-17 20:50 | Report Abuse

Now pump for price, after qtr people will throw like crazy , I'm with mm. Short term uptrend but after qtr downtrend

Posted by Habisgl0v3333 > 2021-11-17 20:52 | Report Abuse

I'd been shouting fpe1 will be used. But people laugh like shit last time.

Posted by blackchicken > 2021-11-17 20:54 | Report Abuse

Supermax 1Q net profit drops 19.12% to RM638.52mil on narrowing profit margins https://www.thestar.com.my/business/business-news/2021/11/17/supermax-3q-net-profit-drops-1912-to-rm63852mil-on-narrowing-profit-margins

Posted by blackchicken > 2021-11-17 20:57 | Report Abuse

17-Nov-2021 Audit Committee Chairman of Audit Committee Resignation - DATO' TING HENG PENG on 08-Dec-2021.
17-Nov-2021 Audit Committee Audit Committee Redesignation - MR ALBERT SAYCHUAN CHEOK on 08-Dec-2021.
17-Nov-2021 Audit Committee Member of Audit Committee Appointment - MISS SUNG FONG FUI on 08-Dec-2021.
17-Nov-2021 Board Member Non Executive Director Redesignation - MR ALBERT SAYCHUAN CHEOK on 08-Dec-2021.
17-Nov-2021 Board Member Independent Director Appointment - MISS SUNG FONG FUI on 08-Dec-2021.
17-Nov-2021 Board Member Executive Chairman Appointment - DATO' SERI THAI KIM SIM on 08-Dec-2021.

Posted by blackchicken > 2021-11-17 21:05 | Report Abuse

KUALA LUMPUR (Nov 17): JP Morgan which has been bearish on the glove sector since last year, has once again slashed its target price (TP) for Top Glove Corp Bhd to RM1.50 — a 67.33% discount from its current price of RM2.51 — while maintaining an “underweight” rating.

In a note, JP Morgan said the market is underestimating the potential impact of the bottoming gloves average selling price (ASP) and the shift in pricing power back to the buyers.

The note also covered Hartalega Holdings Bhd and Kossan Rubber Industries Bhd. JP Morgan gave an “underweight” rating and a fair value of RM4.00 to Hartalega, 36.25% lower than its current price of RM5.45 while Kossan’s rating was “neutral” and its fair value is pegged at RM2.00, down 3.5% from its current price of RM2.07.

Notably, these TPs are similar to the glove makers’ share prices before the global Covid-19 outbreak.

JP Morgan analysts Jeffrey Ng and Sean Teo said the operating margin per unit (OPM) from the latest results briefings from the Malaysian glove makers might fall below pre-Covid-19 levels despite earlier estimates forecasting a better-than-pre-Covid-19 OPM.

“The industry is still finding [its] bottom. Note that glove ASP has dropped from US$115 in Feb-21 to today’s US$28-$30. It is now clear that glove ASP has reverted to a cost-plus basis. Channel checks indicate that current OPM is already nearing pre-Covid-19 margins. But the main question is will margins compress below pre-Covid-19 levels due to intensified competition from China? The risks are tilted toward the downside and the market, in our view, has not fully discounted this risk,” the analysts wrote

Posted by mf > 2021-11-17 21:06 | Report Abuse

BEIJING: Strict new COVID-19 restrictions come into force in Beijing on Wednesday (Nov 17) for visitors to the Chinese capital, requiring negative tests and dramatically cutting domestic flights as the city raises the drawbridge against the coronavirus ahead of the Winter Olympics.

Posted by pjseow > 2021-11-17 21:06 | Report Abuse

GO, My estimation of Q1 PAT was 563.millions. Luckily you are bodoh enough not to bet with me.Otherwise , you will lose your birdie .hahaha.
---------------------------------------------------------
Stock: [SUPERMX]: SUPERMAX CORP BHD

Oct 13, 2021 1:31 PM | Report Abuse

In the next 3 to 4 weeks , Kossan , Harta and Supermx results will be out . Any estimates ? Although supermx did not give any briefings and guidance for last QR, I estimated that the blended ASP for last Q was between US 82 to US 84 . I expect the coming QR ASP to be about US 70 and Utilization between 60 to 65 % . As for capacity , I am not sure whether it is still 26.2 billion or already hitting 30 billions . As per plan, the capacity will hit 36 billions by the end of this calender year .

Assuming capacity still at 26.2 billions , utilization of 65 % and blended ASP of US 70 ,

Projected PAT = 70 x 26.2/4 x 0.65 x 4.2 x 0.45 = 563 millions .

My assumption is no more spot sales and orders are mainly from previous old contracts with deposits and lock in prices

Posted by GlovesOff > 2021-11-17 21:09 | Report Abuse

Hehe this leave to 5,4,3,2,1 math whiz pjseow lo ... US & Canada momantai ma 29% only haha

Glovers celebrating 5c div & -qoq ... low standards now
**********
The real bloodbath QR hv to wait next QR release in next year Feb due to full impact of US CBP ban and Canada federal government contract ban

Posted by gemfinder > 2021-11-17 21:10 |

Post removed.Why?

Posted by GlovesOff > 2021-11-17 21:10 | Report Abuse

Canada audit only next week if confirm ban gap down again hehe

Posted by goody99 > 2021-11-17 21:13 | Report Abuse

QR is ok but as highlighted by a few members already, deposit from customer drops drastically, which points to bad quarter ahead. Dividend is lower than expected so most likely is not going to support its share price.

Posted by Knm_bottomed > 2021-11-17 21:23 | Report Abuse

Dont be surprised if canada audit say good, then cbp ban will be questionable. Told you QR kebabom. Next QR back to 1bil. 600 is low end. 1bil qr profit is now new normal. Share price should be rm100. Uncle morgan wants to suppress and short

Posted by Knm_bottomed > 2021-11-17 21:25 | Report Abuse

Deposit will increase back in december as covid surge

Posted by trading2019 > 2021-11-17 21:26 | Report Abuse

Wah, so "good" QR.

Posted by MoneyMakers > 2021-11-17 21:27 | Report Abuse

Bloodbath tomorrow!!
——————————

KUALA LUMPUR (Nov 17): JP Morgan has once again slashed its target price (TP) for Top Glove to RM1.50 — a 67.33% discount from its current price of RM2.51

Notably, the TP is similar to share price before the global Covid-19 outbreak.

Posted by MoneyMakers > 2021-11-17 21:30 | Report Abuse

Looks like JPM agree going to prepandemic level..fasten seatbelt another 60%++ drop to 65sen (orig price)