Yes , the world will be back to normalcy soon , thanks to efficience vaccines , the world boarder will be opened soon , we can back pack travel to beautiful islands soon !
Without US market Supermax will not hv premium ASP price and decent profits so wait for another few quarters for Supermax to be released from US CBP ban
Had been a toothless black panther for so long. Even the US' expansion is just a mere briefing these days without details. Can Supermax please share more details please?
already warn people here ma. bad move by expanding to us. high cost but people not willing to pay for high price gloves as they can buy from cheaper countries. expand in us only will get business from gov.
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Nov 9, 2021 9:47 AM | Report Abuse
1.xx
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Oct 4, 2021 3:05 PM | Report Abuse
5...4...3.... 2... 1
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Nov 9, 2021 9:40 AM | Report Abuse
Next. Topglove target is 1.xx
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Oct 6, 2021 11:19 AM | Report Abuse
70:30 break ==> 2.50
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 5:58 PM | Report Abuse
harta price is the highest among glove all klcii counter but Harta score is not the best in term of value investing for glove industry.
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 5:39 PM | Report Abuse
In trading.... Drop 1 cent is still drop ... lost 1 cent is still lost .. bad news ... good news.. not in radar ...
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 5:37 PM | Report Abuse
refer BAT price hit rm 73.75 on 2014 supported by high dividend.
today BAT only trade at rm 15.12. long term investor still gain in term of dividend but capital loss in waiting time.( rm 73.15 minus rm 15.15)
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 5:25 PM | Report Abuse
@jolynce,
stingray_ea tell you how market work in operator world...
if you miss the chance to sell supermx on 22 Oct for price RM 2.27 ... A good news release on Kossan 12 cent dividend at surface view of majority ikan bilis.
Your can only sell at 1.82 today closing price. 50 cent different ... That will happen to Harta too. Unless Harta is very special case ... Q ROE double or tripple up
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 5:04 PM | Report Abuse
if supply increase || demand drop double. -->> demand drop triple ...worst scenario ...
and next Q net profit drop 300M-450M. Over price now.
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 4:46 PM | Report Abuse
harta ??
Stock: [SUPERMX]: SUPERMAX CORP BHD Oct 22, 2021 10:22 AM | Report Abuse
best time for selling while good news is from kossan
Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 2, 2021 4:40 PM | Report Abuse
harta Q ROE (12.82%) and Kossan Q (13.51%) about the same.. expected harta price will sharp drop once value investor full load.
dividend 0.34 is used to reduce selling speed ... Target below rm 5
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Nov 2, 2021 4:06 PM | Report Abuse
>>> fifo
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Nov 2, 2021 4:04 PM | Report Abuse
-8 cent to touch 2.50....
Stock: [TOPGLOV]: TOP GLOVE CORP BHD Oct 6, 2021 11:19 AM | Report Abuse
70:30 break ==> 2.50
Stock: [SUPERMX]: SUPERMAX CORP BHD Oct 22, 2021 9:13 AM | Report Abuse
70:30 break 2
Stock: [SUPERMX]: SUPERMAX CORP BHD Oct 22, 2021 10:22 AM | 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
What brand trust safe LOL. glove is glove. does not have competitive advantage over others. its a disposable item. as long as fda approve then its fine. mahsing also can get fda approve for its glove. you continue to dream la. i wont stop you. ------------------------ LossAversion @investmalaysia618, US market/production is about "brand", "trust", "safe"; Cheap China is about abundant bulk, for inferior/dont care, etc
Not SBB, do not worry. How much money can Supermax allocate for SBB? Even if Supermax SBB, that is just as little as can. As usual, it is a smokescreen only. The more you buy, the more you cry.
Observatory, With the last QR inventory valued at 423 millions valued at 35 to 40 % lower ASP than the preceeding QR inventory valued at 408 million with higher ASP , it means the the inventory volumes in.last QR were much higher than preeding QR. The RHB report did mention that they had container shortage problem also. It means some of the shipments were withheld as finished goods inventory due to container shortage. The inventory as a percentage of revenue is 15 % higher than preceeding qtr. Hence I believe the Utilization may be just slightly lower than 80 % and the ASP for last qtr could be between USD 35 to 41.
KUALA LUMPUR (Feb 23): Analysts on Wednesday (Feb 23) cut their earnings forecasts for Supermax Corp Bhd to reflect lower glove average selling prices (ASPs).
TA Securities' Tan Kong Jin said in a note that Supermax’s net profit for the first half ended Dec 31, 2021 (1HFY22) was below expectations as it was greatly affected by the imposition of the withhold release order (WRO) by the US Customs and Border Protection (CBP) and freezing of orders from the Canadian government.
“Following the earnings revision, we reduce our target price (TP) to 77 sen per share (previously RM1.22) based on an unchanged 14 times 2023 earnings per share (EPS). We reiterate our 'sell' recommendation on the stock,” he said.
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....
Maridien2
1,084 posts
Posted by Maridien2 > 2022-02-22 22:36 | Report Abuse
Good, let bumi sapu 30% cheap tickets so supermax can build their operation hq.