Net profits drop to RM46+ millions badly affected by US CBP ban and Canada ban with net margin just 10% only compares to Hartalega and Kossan net profit margin 20+%
No need to be disappointed because current price already factor in the bad result. Look forward to better result once the force labour issues rectified and cbp ban lifted. Current expansion in Malaysia and new USA factory will surely push Supermax to new height.
What makes you be so confident with Stanley? Will one terang terang tell you how he/she syphon the money out? No, right? Till you discovered that, it is too late already. Many of you had been hinted long ago, but refused to accept the truth.
Next QR Jan-Mac release in Mei more worse for Supermax with lower ASPs....Net profit margin will drop to single digit for Supermax compares to 10% now....Supermax will not declare any dividend for shareholders as 2.2 billions use for US expansion and 1.39 billions use for Malaysian expansion
@Maridien2 No need to be disappointed because current price already factor in the bad result. Look forward to better result once the force labour issues rectified and cbp ban lifted. Current expansion in Malaysia and new USA factory will surely push Supermax to new height. 22/02/2022 8:05 PM ______________ U are indeed a investor who deserves to lose all your capital until bankrupt ! Thumbs up for stubborn hard rock !
Mini2021, still early for Kossan to release ugly results la, coz when only enter 2022QR, then you’ll know! Our good looking but damn stupxd FM Zafru already set a ugly results for Bursa la. No one will willingly pay the extra 9% prosperity tax la. This year definitely won’t be good for bursa. Bo Chau Si !!!
You support dsst better buy aurelia gloves la from 11 to 1 become toilet paper d still haven't wake up ********* Maridien2 I am sure Stanley wants to be a multi billionaire not millionaire
Cash and bank balance RM3.3billions already fully allocated for US expansion (RM2.2billions) and Malaysia expansion (RM1.39billions) so Supermax shareholders don't expect any dividend this year
Oh wow, I know US/Canada cbp ban is bad, but once factor in prosperity tax, it's double bad. Price likely dip below RM1 by this week. Maybe good for long-term holder, but for short term investor, would stay away until after ban is lifted.
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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....
Cojack31
1,673 posts
Posted by Cojack31 > 2022-02-22 17:45 | Report Abuse
Waiting 90 cts or can buy now?