Koon Yew Yin's Blog
Supermax record profit must prevail - Koon Yew Yin
Koon Yew Yin
Publish date: Sat, 23 Jan 2021, 05:58 PM
Koon Yew Yin
0 1,415
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
Covid 19 pandemic is affecting almost all the listed companies. Out of the 1,100 listed companies, less than 50 stocks are not affected by the pandemic.
In fact, medical gloves, medical products and a few other stocks are benefitting from the Covid 19 pandemic.
Fund managers normally invest in many listed companies to spread their investment risk. They are losing a lot of money. They are so desperate to do whatever they possibly can to recover their losses. That is why they have been depressing all the glove stocks so that they can buy at cheaper prices.
The manipulators, Fund managers and short sellers have been pressing down glove stocks share prices in the last 2 months so that they can buy at cheaper prices. As a result, the price of Supermax has dropped about 40% from its recent peak.
If you have been watching the market closely, you can verify what I said below.
On every trading day, between 4.45-4.50 pm the share price is being fixed. Just 1 or 2 minutes before 4.45 pm when very few shares are being traded, I often notice one manipulator would place a big block of shares to sell to depress the share price. When sellers saw that there were so many sellers, they would also rush to sell at lower prices.
During 4.45-4.50 pm, the manipulator would a place another big block of share to sell at lower prices. As a result, the share price would be lower than it was before 4.45 pm. After 4.50 pm when the price is fixed, the big manipulators would continuously que to buy at lower price.
Supermax reported its 1st quarter ending Sept EPS 30.58 sen. Its previous quarter EPS was only 15.19 sen. It has made 100% more profit than its previous quarter. Based on the surge in demand for gloves, all the glove makers can easily increase their selling prices to make more and more profit.
Supermax’s 2nd quarter ending December should be another new record profit which will be announced in early next month. Investors should not sell their holdings. They should wait patiently to gain more money.
Even if you assume Supermax cannot increase its selling price for the whole year, its annual EPS should be 4 X 30.58 sen = Rm 1.22 per share. Based on PE 10 its share price should be Rm 12.20. The last traded price was Rm 6.53.
I believe Supermax record profit must eventually prevail.
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Discussions
Be the first to like this. Showing 26 of 26 comments
The way i c is that not the manipulators r desperate to buy. In contrast, u r desperate to sell
2021-01-23 18:12
Mr Koon, just ignore this dog 'gemfinder', 'it' has been recycling the same shit for nearly 1 year......
2021-01-23 18:53
Gemfinder- Always respect your elders especially someone old enuf to be your grandfather. it only reflects your upbringing.
THE UNDERVALUED GEM in BURSA
-------------------------------------
Supermax will be announce record profits in a week or two- a whopping PAT of RM 1 .1 billion or RM0.40 sen earnings per share for the quarter.
This will leaves Supermax with a Trailing PE of 8 times.
(2.31+5.42+30.58+40=78.31 sen)
6.53/78.31= 8 times PE
SUPER is so undervalued- Thats why DS Stanley Thai SBB Supermax yesterday -
Just wait for the good news from Delaware-USA.
..
2021-01-23 19:32
U like to c cases increasing everyday, right? Dun wory one fine day u wil contribute one more case.
2021-01-23 19:43
Tat pe 8 is only for curent situation which is not sustainable when vacine show its power
2021-01-23 19:44
Pls la kyy, u dun feel boriny i oso feel fedup with ur writeup. Same old story.
2021-01-23 19:45
The Biden administration spells good times for the Malaysian gloves (and especially for TG and Supermax):
https://klse.i3investor.com/blogs/bursainvestments/2021-01-23-story-h1...
2021-01-23 19:53
You mean buy Supermax will increase cases everyday ? Using Trump logic ?
__________________________________
gemfinder U like to c cases increasing everyday, right? Dun wory one fine day u wil contribute one more case.
2021-01-23 20:04
If TG still ban from export glove to US then Supermax will make alot of USD!
_____________________________
Goldberg The Biden administration spells good times for the Malaysian gloves (and especially for TG and Supermax):
https://klse.i3investor.com/blogs/bursainvestments/2021-01-23-story-h1...
2021-01-23 20:05
.
.
Bro Gemfinder,
Even if you assume Supermax cannot increase its selling price for the whole year, its annual EPS should be 4 X 30.58 sen = Rm 1.22 per share. Based on PE 10 its share price should be Rm 12.20. The last traded price was Rm 6.53.
Hope you Agee with me Bro Germfinder.
Supermax is the real GEM right?
2021-01-23 20:40
Uncle, calculate PE is a old generation / Ah Pek or outdated of investment. Since 2020 investment method have change alot. No body care about PE. Who tell you when a good results PE must stay above 10.. It possible drop to 1 PE.
Those uncle follower or glove lover I very pity on you. You still based on old method of investment. Count PE, NTA, Looking at cash flow.
I just join this market last year. I don't even look at PE, good Fundamental company, net cash company. I mostly invest in penny stock & earn alot (1000-5000%) until many of my friends call me Sifu & King of investment even I only less than 1 years of investment maybe I smart in stock market.
I earn alot in XOX, AT, Vivocom, HPP & many. I wish I can give some education to those old generation. Don't touch so called good fundamental company + downtrend stock. I better invest to penny stock, 1 day u can easily earn 100-300% like me.
2021-01-23 21:49
The truth will set me free. I believe eventually the fundamental analysis for share selection will prevail.
Price Chart prevails.
Supermax record profit must prevail.
So at the end/eventually truth, fundamental, Price Chart or Supermax will/shall/must prevail?
2021-01-23 23:26
@gemfinder big 4 will decide ASP as we have he pricing power being the glove supply for 2/3 if the world. If they want asp to stay, asp will stay. Wahahaha!
2021-01-24 09:34
Haha youngman,
If you strike 4 ekor your RM 1.00 ROI is few thousand times.
The question is giving RM 1 million how to turn it into 100 miliion portfolio.
So far only Philip able to do so after investing in companies those business he know for long term.
As of me, I am late comer in investing and humbly learn how to invest in value, growth and theme play with fundamental. My aim is to grow my portfolio of million into ten of millions.
2021-01-24 12:49
Good, for once a stock has caught this old geezer by his bollocks so he needs to build patience and wait for buyers to come to take his place. Margin players like him are shaking daily due to borrowed position. Because of PURE GREED, he has borrowed heavily, so is panicky day and night. He buys more than he can afford. At this old age, wonder what can he do with the extra money that he is so crazy about????
2021-01-25 00:41
As of 21/Jan/2021
Top Glove still no.1 holding with 9.4% & Hartalega is no.3 holding with 8.10% in JP M Malaysia Fund. No change from end of November until 21/Jan.
Can google search the fund & check it out.
2021-01-25 14:16
Adui old man ni, sometime cakap holding ratio for SPM 90%:TG 10%. Pas tu kata pulak SPM 80%:TG 20%. Nanti kata pulak I sold my position. Dia pulak cakap goreng AT, not even 1 week uturn?
What is his golden rule, conman and baby shark.
2021-01-25 14:19
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gemfinder
I thought u sold? Shut up la. Desperado
2021-01-23 18:09