Dear valued readers,
Recent | From high | From low | ||||
Stock | High | Current | % drop | Low | % down | 20% up |
Mercator | 548.00 | 514.00 | 6.2% | 256.00 | 53.3% | 307.20 |
Topglov | 9.76 | 8.64 | 11.5% | 6.11 | 37.4% | 7.33 |
Supermx | 12.20 | 9.23 | 24.3% | 5.68 | 53.4% | 6.82 |
Q4 2020 result of Supermx | ||||||
Revenue = 929 million, Monthly Revenue | 310 | |||||
PBT = 519 million, Monthly PBT | 173 | |||||
Monthly Manufacturing cost | 137 | |||||
From analyst briefing slides dated 11/8/2020 | ||||||
Assume monthly manufacturing cost increases 15% | 158 | |||||
Assume additional 3.3 billion capacity increase (15%). | 356 | |||||
July month price increases 15% | ||||||
Revenue = 356*1.15 | 409 | |||||
PBT = 356*1.15-158 | 251 | |||||
August month price increases 30% | ||||||
Revenue = 409*1.30 | 532 | |||||
PBT = 409*1.30-158 | 374 | |||||
September month price increases 30% | ||||||
Revenue = 532*1.30 | 692 | |||||
PBT = 532*1.3-158 | 534 | |||||
Total PBT (Q1 2021) | 1159 | |||||
Less 25% tax | 290 | |||||
PAT | 869 | |||||
PAT 120 million carried forward from Q4 2020 | 120 | |||||
Total PAT (Q1 2021) | 989 | |||||
Chart | Stock Name | Last | Change | Volume |
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Created by OTB | Mar 04, 2020
The previous rebate was funded from KWIE. I guess the same for coming rebate. Anyone care to reaffirm?
2020-10-08 13:51
So genrous of you to share. It is based on facts not feeling. Based on what I see this is a very conservative PAT. I hope it will be higher just like TG
2020-10-08 14:14
Mr OTB, thanks for the great sharing and reassurance ! Supermax- just waiting for you to fly
2020-10-08 14:42
The company listed with a very small no of share issued of 10 million.
Can be easily manipulated especially during this theme play.
2020-10-08 16:46
You should compare with something similar like Sri Trang glove where the production are in Thailand as well.
2020-10-08 16:46
people who are color blind can't differentiate apple from oranges. They are good at copy and paste...Beware
2020-10-08 17:02
If Supermax has only 10 mil shares, the share price today would be above RM2,500 post bonus issue based on today's market capitalisation.
Why compare Mercator vs Supermax?
And not with other smaller players like Careplus would be a closer comparison as the production capacity is below 5 billion.
2020-10-08 17:12
Supermx only torward a 1 way up direction till kiss $12.70 (time it hit the above OTB sir s projection)
Or, at super climax level of 18.70 ?
Am i too whishful ?
2020-10-08 18:29
misleading projection, analyst looking at rm500m only, cimb forecast less than rm2b, better sell, if not disappointing
2020-10-08 18:47
Thank you for sharing, Mr Ooi, sir. Always look forward to your articles. Am all in and will stay invested. Both for my retirement and my children's future.
2020-10-09 08:39
Don't do that. Invest within your mean. I respect Sifu OTB very much. Remember this : All investmnets carried risks. No sure win in the market.
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Daniel Yong Thank you for sharing, Mr Ooi, sir. Always look forward to your articles. Am all in and will stay invested. Both for my retirement and my children's future.
09/10/2020 8:39 AM
2020-10-09 17:00
sold my old house for this Supermax counter hopefully it will fly and bring me 2 houses back !!!
2020-10-10 21:33
freetospeak
OTB sifu...as always respect for the great guru. Liked.
2020-10-08 13:29