Company Name |
Price |
Net Profit |
Latest Q EPS |
Previous Q EPS |
Total 2 Q EPS |
Supermax |
6.80 |
1059 |
41.14 |
30.58 |
71.72 |
Maybank |
7.81 |
1952 |
17.37 |
8.38 |
25.75 |
Public Bank |
4.19 |
1392 |
7.176 |
5.16 |
12.33 |
Tenaga |
9.65 |
1002 |
17.73 |
11.48 |
29.21 |
Top Glove |
6.74 |
2376 |
29.64 |
15.95 |
45.59 |
IHH |
5.11 |
310 |
3.28 |
1.64 |
4.92 |
CIMB |
3.84 |
194 |
1.96 |
2.79 |
4.75 |
MISC |
5.96 |
258 |
5.8 |
6.7 |
12.5 |
Genting Bhd |
3.98 |
-131 |
-3.40 |
-20.41 |
-23.81 |
Sime Darby |
2.20 |
281 |
4.10 |
2.6 |
6.70 |
Genting MY |
2.46 |
-705 |
-15.46 |
-15.93 |
-31.39 |
KLK |
23.24 |
208.8 |
19.40 |
34.20 |
53.90 |
Unisem |
8.40 |
50,744 |
6.92 |
4.67 |
11.59 |
MPI |
33.00 |
55,308 |
28.05 |
25.75 |
53.80 |
The above tabulation shows Supermax reported better EPS than any of the 10 largest listed companies in Malaysia. I have also included KLK, MPI and Unisem for comparison. Supermax share price is much cheaper than anyone of them and reported more EPS.
Covid 19 pandemic is affecting almost all the listed companies except medical glove, medical products and a few other businesses. As a result, all the glove makers can easily increase their selling price to make more and more profit which should be reflected on their share prices eventually.
Can the vaccine stop the pandemic?
Professor Peter Piot is Director, London School of Hygiene and Tropical Medicine, UK. He has spent the past 40 years tracking down and fighting viruses.
He predicts the Covid 19 pandemic will prolong for another 4 or 5 years despite vaccination. Unless everyone in the whole world is vaccinated, the coronavirus can continue to spread. The world population is 7.8 billion. It will take a long time to produce enough of vaccine for so many people. Soon the virus will mutate. UK already has a new form of virus which is more potent.
Only a few rich countries can afford have vaccine. Most of the poor countries cannot afford vaccine.
Additional medical staff are required to vaccinate so many people and all medical workers have to wear gloves for safety. Additional gloves will also be required.
The above table shows that Supermax has a better profit growth rate than anyone of the 10 largest listed companies in Malaysia. Based on reported facts, Supermax will continue to report more and more profit in the next few years until the Covid 19 pandemic is completely under controlled which will be another few years.
As I said earlier, Covid 19 pandemic is affecting almost all the listed companies. As a result, all fund managers are losing money because they usually have invested in many stocks. They have to find some devious ways to recover their losses. These fund managers including JP Morgan would stoop so low to down grade glove stocks. It is so ridiculous. As a result, all the glove stocks have been dropping in the last 2 months. Short sellers can sell and buy back at cheaper prices to make money. But when the share price goes up they cannot make money.
Securities Commission should stop short selling to protect small investors.
The SC should also penalise the manipulators who purposely push down the share price so that they can buy back at cheaper price to make money.
Fortunately, in the last few trading days, there were more buyers than sellers. As a result, all the glove stocks have been going up slowly but surely. I believe good fundamentals must prevail eventually.
Supermax made 50% more profit than its previous quarter. Its total EPS for 2 consecutive quarter was 71.72 sen which is better than any of the 10 largest listed companies in Malaysia including MPI, Unisem and KLK.
Supermax will continue to make more and more profit in the next few years. It is very much undervalued.
Even if I assume Supermax cannot increase its selling price for its gloves for the rest of its financial year, its annual profit will be 71.72 X 2 = Rm 1.43 per share. Based on PE 15, it should worth at least Rm 21.50 per share. This target price is easily achievable.
The target price should be higher if I assume it can increase its selling price for its gloves.
I am not asking my readers to buy to push up the share price because the daily traded volume is tens of million shares. Whether you buy or not will not make any difference. I just want to share my knowledge with you.
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When you are old then you will realise you like to repeat thing again and again like a broken record, such behavior is understandable/inevitable
2021-02-01 19:36
@gemfinder Pls stop writing all these rubish. Shame on u
>>>>>>>>>>>>>>>
Pot calling the silverware black......... Lol
2021-02-01 23:32
comparing a penny stock pre-covid to Maybank and Public Bank? Dont make me laugh. It was a penny stock for a reason.
2021-02-01 23:47
Unker Koon ah Unker Koon
Let me ask you 1 question
All these glove counters may have super profits in 2021, 2022, and MAYBE 2023
But, how about 2024, when Covid is over?
How sure are you that you can run away BEFORE the rest of the market, before profits normalise back to pre-Covid?
2021-02-02 11:20
All these information is public knowledge. The most important criteria, is Supermax uptrending or downtrending on the chart? High or low PE or EPS is not important in current following of the stock. What is the chart telling you?
2021-02-02 14:41
at least we know for the coming 1 or 2 year glove profit is highly visible. in this highly uncertain world if you can see and certain 1 year ahead consider very good. can any one tell which industry give you the same profit visibility? dont talk about 2023 2024..are you sure recovery stock will 100% do well or go bist by then?
2021-02-02 20:10
only nostalgic newbies invest for the past
within 1 year, EPS of glove stocks will drop drastically. You think other investors will wait until the QR announcement, wait for you to sell, then only they will dispose at cheap prices? dream on.
2021-02-03 09:27
@GroundZero +100 that's what I was saying
How sure are you that you can run faster than the others? Gloves is a game of musical chairs now.
And investing is always looking forward.
2021-02-03 09:46
U buy in now, take 2021 and 2022 and wonderful dividends.
Then 2023 and 2024 EPS back to pre-Covid levels.
You think you can time your exit perfectly?
2021-02-03 09:47
wonderful dividends? you know how to calculate? better by BAT for dividend.
2021-02-04 13:30
gemfinder
Pls stop writing all these rubish. Shame on u
2021-02-01 18:21