- For Top Glove's first best quarter, they did RM350 million. After that, Supermax announced their profit of RM400 million. RM 50 million more than TG.
Now, Top Glove did RM1.3 billion which is more than 3 times their previous quarter. Next week, Supermax to announce the RM1 billion in profits.
Supermax's profits will just keep increasing. The amount of US dollars and Canadian dollars they are earning is over the top.
Supermax's profit RM 1 billion (October 28 QR expected) beats the profit of Maybank previous quarter (940 million), the largest company in the whole of Malaysia.
Supermax's fair price is RM20. RM25 next 3 months. Why? Because it is still a small company. Maybank's market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.
To be the 10% winner in share market, we must try to become less stupid like KYY said...hahaha. Not even one glove sold but our smart investors chased the MS share like no tomorrow, now many of them already get stuck at much higher price.
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....
Roroho00
47 posts
Posted by Roroho00 > 2020-10-23 15:12 | Report Abuse
Tp 0.850