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Last Price Today's Change   Day's Range   Trading Volume
22.92   -0.86 (3.62%)  22.50 - 24.44  31,710,100
93,484 comment(s). Last comment by Huat Huat at Aug 8, 2020 7:13 PM
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superbull11
1048 posts

Posted by superbull11 > May 15, 2019 3:04 PM |

Post removed. Why?


bullpiano
91 posts

Posted by bullpiano > May 15, 2019 3:04 PM | Report Abuse

Reliable source said that foreign funds collecting glove counter...Malaysia gloves are the best quality in the world.


superbull11
1048 posts

Posted by superbull11 > May 15, 2019 3:04 PM |

Post removed. Why?


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 3:05 PM | Report Abuse

For people with Astigmatism, there's 30% in US... that means about 80 to 90million people... This is a higher margin product, about 80% more expensive than the normal lens....


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 3:06 PM | Report Abuse

re: bullpiano, can see that with the volume, with topglove & superman leading the line breaking 50days easily... harta and kossan to follow soon... maybe tomorrow?


Investor
113 posts

Posted by Investor > May 15, 2019 4:18 PM | Report Abuse

So the company got some money back from GST... but did they forget to announce my dividends ? :(


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 4:19 PM | Report Abuse

haha, they pumped it back to buy equipment for Plant 12... :)... u can read from the QR report, commitment to purchase equipment etc....


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 4:29 PM | Report Abuse

re:dnlt, don't worry, still got 27m income tax payable... hopefully they can give dividend with those amount?


Highfive Bread
202 posts

Posted by Highfive Bread > May 15, 2019 4:30 PM | Report Abuse

wiki123,short and long term debts have been reduced by utilizing the refunds .


Investor
113 posts

Posted by Investor > May 15, 2019 4:31 PM | Report Abuse

Rm70.3M capex. 0.05 per share. I guess I have tuned down my dividend expectations while they grow this company for a while.


superbull11
1048 posts

Posted by superbull11 > May 15, 2019 4:41 PM |

Post removed. Why?


superbull11
1048 posts

Posted by superbull11 > May 15, 2019 4:42 PM |

Post removed. Why?


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 4:55 PM | Report Abuse

re: Highfive bread, yes you are right, really not happy with them paying so much on interest expense... man, could have been profit... get ready for next quarter QR... it's Q4... haha, don't know if they will do surprises again or not... but income tax has been charged consistently over 3Quarters, so maybe this time no surprises.... so should expect 380mil revenue at least?


Power1
88 posts

Posted by Power1 > May 15, 2019 4:55 PM | Report Abuse

Aiyaa, superbull11 please don't keep on posting the same comments. I already memorised. Post something new laa bro...


Highfive Bread
202 posts

Posted by Highfive Bread > May 15, 2019 5:06 PM | Report Abuse

wiki123,cash flow is still ok. Down by only around 7m. even after spending so much on plant12 and contact lens.


Leon3330
24 posts

Posted by Leon3330 > May 15, 2019 5:18 PM | Report Abuse

no dividend this quarter?


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 5:27 PM | Report Abuse

yes, cash balance and cash flow is down by 7m... but i hate the interest expense, by the time 4th quarter, they will be paying almost RM16mil to serve the interest... imagine yearly profit can have 16mil more or 4mil more per quarter or even last year, 22mil can go for share buy back, what the 16mil can do... that's a lot... RM400mil of liabilities and 16mil per year of interest = 4% interest rate? then taikor topglove is better with the credit facility, basically paying bond at 2%.... smarter way of doing business....


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 5:28 PM | Report Abuse

Leon, tak ada, all go back to build plant 12 and buying equipment based on QR...


Highfive Bread
202 posts

Posted by Highfive Bread > May 15, 2019 5:33 PM | Report Abuse

http://www.thestar.com.my/business/business-news/2019/05/15/cimb-research-expects-rubber-gloves-to-benefit-from-us-china-trade-war/


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 6:32 PM | Report Abuse

Ooh... share buy back ler... 4mil share @ 1.56 lowest... good ler...


wiki123
2448 posts

Posted by wiki123 > May 15, 2019 6:34 PM | Report Abuse

They know fund is buying... they load up first. Now with 53mil treasury share will worth 100mil if share price goes to rm2... free money for next expansion


pingdan
1267 posts

Posted by pingdan > May 15, 2019 7:03 PM | Report Abuse

Haha they used ur dividend to do share buyback.. pandainya


pingdan
1267 posts

Posted by pingdan > May 15, 2019 8:33 PM | Report Abuse

I earn money lo.. u? Talk cock know.. earn money? Loss all money on warrant know la


pingdan
1267 posts

Posted by pingdan > May 15, 2019 8:35 PM | Report Abuse

Wait rm1.30 for 1year still cannot reach hahahahaha


Casino123
35 posts

Posted by Casino123 > May 15, 2019 8:49 PM | Report Abuse

Any stock to recommend


ChefSaham
503 posts

Posted by ChefSaham > May 15, 2019 10:35 PM | Report Abuse

supermx share buyback from 1.56-1.61 so share price minimum also will be rm1.61 la


ChefSaham
503 posts

Posted by ChefSaham > May 15, 2019 10:36 PM | Report Abuse

midf raise tp to rm1.74


Highfive Bread
202 posts

Posted by Highfive Bread > May 15, 2019 11:31 PM | Report Abuse

wiki123,Supermax will save a few millions in dividend payment annually because of the 53 millions treasury shares. Once they have accumulated enough treasury shares,it can be given back to the shareholders in the form of a bonus. They can cancel the treasury shares but I don't think they will do that,or sell it back to the public when the share price has risen. One thing for sure is that Supermax definitely thinks the share is undervalue. That is the reason why you buy back your own shares. Supermax bought back it's own shares before,when the share price was around 2.00 ringgit before the split. They are doing it again now.


pingdan
1267 posts

Posted by pingdan > May 16, 2019 4:20 AM | Report Abuse

Superbull confirm miss the boat liao.. now he talk 3 talk 4 talk 5 talk cock liao.. let him ba.. he feel very sad cause unable to buy the share at cheap price XD


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 8:31 AM | Report Abuse

re: Highfive bread, cannot lar, they cannot save too much on dividend, else during agm pple will throw salted eggs to them... i don't mind not much dividend, as long as have cash to buyback share also enuff... keep the market supply tight tight....
As far as dividend policy, i don't remember anything said about 45%, more like 30 to 35%...

here's the dividend record if anyone wants to do research:-
the last dividend = 21 Feb 2018 after a big gap (and after a triangle consolidation as well)... like yesterday... then after a few days, helped it to break significant resistance.... of course, it did not go straight up, it actually gave chance to retailers to catch up by doing a back test to fill the gap... before moving higher without looking back....

so will history repeats itself? Will we still have chance to buy at the gap between 1.48 to 1.51??? Well, many case studies show gap does get filled at times... but not always...


EngineeringProfit
13195 posts

Posted by EngineeringProfit > May 16, 2019 9:10 AM | Report Abuse

HUAT ARRRRRRRR


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 9:24 AM | Report Abuse

re:EngineeringProfit, maybe today can hit your 30mil volume?


Money122
919 posts

Posted by Money122 > May 16, 2019 9:28 AM | Report Abuse

Fly to the sky !!


bullpiano
91 posts

Posted by bullpiano > May 16, 2019 9:35 AM | Report Abuse

ya..The management known that current share price is absolutely under value. That's why they are buying back. . Looking to Supermax contact lens business.. it will growing exponentially in coming years once they get the China license..What more,, now teenages wearing glasses or contact lens are growing in a double digits yearly according to a survey...


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 10:09 AM | Report Abuse

this one you can keep until 2050 if you still living by that time:-
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6029024/
"It has been estimated that myopia will affect nearly 5 billion people by the year 2050 and become a major public health challenge"
that means 3.6 trillion pcs of lenses required per year...


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 10:11 AM | Report Abuse

in china - 600million people have myopia problem... http://www.xinhuanet.com/english/2018-09/11/c_137461031.htm


bullpiano
91 posts

Posted by bullpiano > May 16, 2019 10:24 AM | Report Abuse

Keep till 2050...wow, that's great:)


Highfive Bread
202 posts

Posted by Highfive Bread > May 16, 2019 2:13 PM | Report Abuse

wiki123,Supermax does not have to pay dividend on the 53m treasury shares thus saving a few millions in dividend payment. You don't pay divi. on the treasury shares.That was what I have intended to say. The 53m is exempted from divi.


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 2:24 PM | Report Abuse

ok, yes this is correct too...


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 2:25 PM | Report Abuse

paying dividend, 24% gone to tax also...


windcloud
1393 posts

Posted by windcloud > May 16, 2019 2:52 PM | Report Abuse

Soon will reach 1.70.

Gloves demand is increasing... Usd is appreciating against last year end closing there will foreign translation gain in book.... Expansion in plant line there is capital commitment in plant expansion... Contact lens business in USA Japan etc... Shares buy back building the confidence level.

For world, June is G20 summit, China snd USA most likely will have trade deal.

Agak agak only.


Highfive Bread
202 posts

Posted by Highfive Bread > May 16, 2019 5:35 PM | Report Abuse

wiki123,the company do not pay 24% tax on the divi. The company do not deduct tax on the divi. The corporate income tax imposed on a company's profit is in the form of a final tax and the distributed divi. are exempted from tax in the hands of the shareholders under the single-tier system.


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 5:46 PM | Report Abuse

ok noted


Money122
919 posts

Posted by Money122 > May 16, 2019 5:52 PM | Report Abuse

The share price still undervalue


wiki123
2448 posts

Posted by wiki123 > May 16, 2019 7:15 PM | Report Abuse

Yes, also noticed by the director. Thats why director also join in the party and bought some @ 1.50+


wiki123
2448 posts

Posted by wiki123 > May 17, 2019 9:41 AM | Report Abuse

doing a new Bursa t+2?


wiki123
2448 posts

Posted by wiki123 > May 17, 2019 6:46 PM | Report Abuse

Another share buyback today... looks like its gonna be a sustained activity...


michaelwong
2539 posts

Posted by michaelwong > May 17, 2019 7:04 PM | Report Abuse

Strong buying support today at 1.60 - 1.61 by the directors meaning to say the pricing is still undervalued . If directors can buy at this price , very promising that the stock would trend higher in the near term . Monday can at least added another few cents l supposed provided DJI must in the green territory .


Highfive Bread
202 posts

Posted by Highfive Bread > May 18, 2019 3:45 AM | Report Abuse

It reminds me of MYEG when the directors started buying.


dpicturetext
8 posts

Posted by dpicturetext > May 18, 2019 11:11 PM | Report Abuse

SUPERMX 7106 Review 17 MAY 2019
回顾速柏玛2019年5月17日
https://dpicturetext.blogspot.com/2019/05/supermx-7106-review-17-may-2019.html

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