Fujisnow, I.may be wrong in.my judgement. To some, they may sell supermx but keep the other 3 because supermx is banned by CBP. There are 8 reasons why I.keep supermx.
1. Supermx has big cash.piles which enable it to pay more than 10 % DY for the next 3 years . 2. Supermx PE is still the lowest.among the 4. 3. I Believe supermx is able to solve the "forced labour " issue within a year . 4. Supermx had announced sbb of 10% of its shares and will do it immediately after it get its approval. It has the cash.to do sbb .If indeed it do sbb at 10 % and then distribute the shares back to all shareholders, it is equivalent to get another 10 % of dividend yield. 5. Supermx.exdate for 5 sen dividend will.go ex in.next few days. The 1 to 30 bonus ahares will also go ex in next few days. Pls take note that supermx did not announce any cash dividend in.Q1FY2021. 6. I.believe the per capita usage of gloves in developing countries will.grow exponentially from less than 30 to 100 making supermx less dependent on US markets. 7. Supermx OBM.Model still.enable it to have higher ASP s than others. The last. qtr.ASP.is still.as high as.US 78 despite all the hoo ha about ASP coming down. Supermx s 58 % of its business sell.direct to final customers. 8. Supermx last qtr profit of 639 millions is still 20x of prepandemic.profit.
OK. Enough of reasoning. Glove haters will complain about my long essay again.
Disclaimer. This is.strictly my opinion .not a.buy or sell call.
If u happy at people lose money then you just a scumbug. If you think you can get away from that than you are wrong.! Karma come at you maybe 10-20 year later. Will not happen so soon. Its happen to me before and karma you cant run away from it. Trust me it will hurt u badly.
7:43 a.m. ET, December 1, 2021 Omicron cases have been mild and in younger patients, South African doctor says From CNN’s Naomi Thomas
Dr. Mvuyisi Mzukwa, vice chair of the South African Medical Association, on December 1. (CNN) Doctors in South Africa have so far observed that patients with the Omicron coronavirus variant are younger and have milder cases, and those who are hospitalized are largely unvaccinated.
“We’re seeing younger patients and we’re seeing milder cases of Omicron,” Dr. Mvuyisi Mzukwa, vice chair of the South African Medical Association, told CNN’s Brianna Keilar on New Day Wednesday. “Also, what we’ve noted is that the people that are being hospitalized are largely unvaccinated, about 90% of those are unvaccinated.” Mzukwa said that very few people are being admitted to the hospital and the South African health care system is not under pressure.
“Obviously, we’re still gathering information as to the spread of this Omicron in the country, but it is not what it is touted to be out there,” he said, noting that the South African government has not put the country under any further restrictions. “There is nothing much that we see beyond what we have seen with the Delta variant,” he said. Asked about hospitalizations across the country, which have been seen as trending up over the last month, Mzukwa said that even in the province where the Omicron variant is concentrated, “we have not seen that much of hospitalization, all we see is that those patients that do get admitted are patients who are not vaccinated.”
Human limitation - we don't have the eye sight of the eagles. The eagles have sharper eye sight and we can not fly like a bird. The human being physically is limited. This limitation is of course is intentional. We are not supposed to be like birds.
We have to be on the ground and function like human being. We have other capabilities which the animals do not have.
Human Beings got many thing that animals do not have them, such as the soul/living spirit (no other creation has) & freedom of will.
In short, human being got limitations. One of them is "short-sighted" and it is not about "far sighted" or "near sighted" The meaning is, he did not see what he is supposed to be able to see.
Can AVERAGE down, if possible or just keep for a while, if can avoid contra losses.
PJSeow, I support your 8 reasons to keep supermax. Don't worry about the long essay. Much appreciated. Supermax is a very different company now compared to pre-pandemic times. It is ready to face all the competition and all the falling ASPs. Bring it on!
Pjseow, I share the same visions like you, no matter what others talk bad things about Supermax, especially 10 % SBB and given to share holders as a reward...
Once the Glove factory are fully operational and start producing Glove in USA, then there will be no more forced labour allegations in USA itself and everyone is happy, CBP as well.
What is the difference between a smart man and a wise man?
For example-
A smart man is a man who can get his car tyres out of the mud because he has the tools and the strength to settle the problem.
BUT a wise man is a man who has evaluated the situation before he drive his car through the mud and considered the consequences of the risk. He already did the research and anticipated/prepared for the fluctuation of the price of the stock when investing. He is not the Prophet but there are not many nowadays.
TRUE, The production that will commence in USA will earn US Dollar.
Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case
The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.
So much work, for so long still NETT NETT LOSE MONEY *********** i sold.all.my harta, toppglove and.kossan and keep my supermx. Nett nett still.lose money.
Aiya, I already told you I win first set in 2020 and lost second set this year mah . Will.play rubber set in 2022. Target to.win with 1,2,3,4 . Dont forget our bet ya.
------------------ GlovesOff So much work, for so long still NETT NETT LOSE MONEY
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....
vitac
522 posts
Posted by vitac > 2021-12-01 18:27 | Report Abuse
Face turn green got la