Koon Yew Yin's Blog

Supermax compares with Hartalega - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 19 Jan 2021, 11:39 AM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Due to RHB’s buy recommendation Hartalega share price is going up higher and higher. But Supermax is dropping. It is so ridiculous.  

Hartalega is selling Rm 12.42. EPS 15.95 sen for quarter ending September and EPS 6.49 sen for quarter ending June. 

Supermax is selling Rm 6.69. EPS 30.58 for quarter ending September and EPS 15.19 sen for quarter ending June. 

Based on the above comparison Supermax is very much under price. It deserves a much higher rating.

As you can read from RHB’s buy recommendation that due to Covid 19 pandemic the demand for gloves far exceeds supply and all the glove makers can easily increase their selling prices to make more and more profit. Unfortunately, many investors are rushing to sell their holdings because they are afraid the vaccine will work like a magic wand to stop the Covid 19 pandemic. 

I am sure there are many smart investors and Investment Banks taking advantage of the buying opportunity to collect more glove stocks especially Supermax.

 

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Discussions
2 people like this. Showing 16 of 16 comments

CCCL

Long term smart investors will stays with Harta.

2021-01-19 13:40

LimitupLimitDown

smart investors already out gloves

2021-01-19 14:42

Pinky

Simple, Supermax is miserly with dividends.

2021-01-19 19:29

Pinky

Surely this cannot be hard to understand?

2021-01-19 19:30

Hoho22

Everyday crying and praying for Supermx, Mr.SuperSuper investor!

2021-01-19 20:23

Blackterung

You are again Uncle...it is still better for yourself to accumulate more Supermax and drag it along wherever u go.

2021-01-19 22:09

night_shadow

Lol how many times already need to kompang Supermax? Sounds quite desperate haha how many lots he has

2021-01-19 22:23

patrico8

1. Retailers are not in a position to fight with big funds out to manipulate prices. 2. Supermax need to improve their dividends as a payback to investors to make the share more attractive.

2021-01-20 00:12

ben0303

Retailers if combined forces can easily beat the big boys


p

2021-01-20 00:13

Pinky

Hartalega is an investor's stock, Supermax is a trader's stock.

2021-01-20 08:58

newbie8080

All the best to you Uncle.
I feel for you at 88 years old, still holding losses in stocks.

2021-01-20 10:33

Lukey_Greek

If uncle so confident, it’s an simple arbitrage opportunity. Long Supermx & short Harta.

2021-01-20 18:38

Tiger Lane

Foreign funds is short selling glove counters, Morgan Stanley is talking the share price down, both working in cahoots. It is easy for foreign big fund to fleece the third world countries.

2021-01-20 18:56

Loading

u know ridiculous, ...

then sell sobermax and buy hartalegaga lor ...

small problem dont everytime keep kpkb .

2021-01-20 19:01

Dartmaster

retailers can beat JP Morgan largest bank in the world . have connection with federal reserve that can print unlimited amount of money

2021-01-20 19:17

ahmadkamarul

KYY sold Sprmx this morning lah, goodness

2021-01-22 15:21

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