Koon Yew Yin's Blog
Supermax: to sell or to buy - Koon Yew Yin
Koon Yew Yin
Publish date: Wed, 10 Feb 2021, 07:18 AM
Koon Yew Yin
0 1,416
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
The chart shows Supermax share price was Rm 10.70 on 19 Oct 2020 and has been dropping in the last 4 months to close at Rm 6.20. It has dropped Rm 4.50 or 42%. The price is dropping because of short sellers and manipulators. They are selling so that that have money to buy at cheaper price to make money.
On hindsight shareholders would regret if they did not sell. They should have sold so that they have money to buy at cheaper prices. Those who did not sell must be wondering if they should sell or not at this price level. Those who have buying power must also be wondering to buy or not at this price level.
Many scientists predicted that the Covid 19 pandemic will not be completely over for another 4 or 5 years despite the mass vaccination. To prevent the spread of the virus, at least 70% of the world population must be vaccinated. Only the rich countries can afford to buy the vaccine. All the poor countries cannot afford to buy the vaccine.
As a result, the demand for glove will continue to exceed supply and all glove makers will continue to increase their selling prices to make more and more profit.
To help investors decide to sell or to buy, I have tabulated Supermax’s share price and its half year EPS to compare with a few other leading listed companies.
|
Name |
Price (RM) |
Latest Q |
Previous Q |
Total EPS (sen) |
|
Supermax |
6.20 |
41.14 |
30.58 |
71.72 |
|
Top Glove |
6.20 |
29.64 |
15.95 |
45.59 |
|
Hartalega |
12.46 |
29.31 |
15.95 |
45.26 |
|
Nestle |
137.30 |
54.75 |
45.00 |
99.75 |
|
MPI |
36.90 |
28.05 |
25.73 |
53.78 |
|
Unisem |
8.68 |
6.98 |
4.67 |
11.65 |
|
Vitrox |
17.18 |
6.30 |
4.87 |
11.17 |
|
Maybank |
7.95 |
17.37 |
8.38 |
25.75 |
|
UMC |
12.60 |
3.95 |
3.39 |
7.47 |
|
Inari |
3.43 |
2.15 |
1.09 |
3.24 |
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| Chart | Stock Name | Last | Change | Volume |
|---|
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Discussions
2 people like this. Showing 27 of 27 comments
Supermax has 2.720b shares.
Before Pandemic, the Profit For Shareholders was way less than RM100m/quarter.
Assuming can maintain at RM100m/quarter after super-profit cycle over.
RM400m/year or RM0.1471 per shares
at RM6.20 per share
PE = 42.14x (RM6.20/RM0.1471)
Expensive forward PE
2021-02-10 10:30
Old geezer is quietly selling and buying something else. Once the selling is done and the new stock is announced with justification, he will shit Supermax like no tomorrow. That is how he operates. He is a MAN without principles and ethics. He gets away each time because he knows most traders have short memory due to GREED.
2021-02-10 14:08
Beware of this old dying fox KYY, he has had very bad records of promoting and selling shares at the same time
2021-02-10 18:40
Ask yourself why he kept asking people to buy? Make your own judgment based on your own study lah
2021-02-10 18:41
Human can bluff but not the technical chart. As a retail investor we are always subjected to share prices manipulation by analyst who write misleading report to con the poor retail investors.
2021-02-11 10:24
Supermax: to sell or to buy - Koon Yew Yin
Only those who stuck will ask this question. Just admit the mistake.
2021-02-11 10:39
Enough la, so many other counter nowadays make much more gain than gloves this year.
2021-02-11 11:06
Thank you sir for the article. Wishing you a Happy and Prosperous Lunar New Year.
2021-02-11 14:36
When Glove stocks being targeted for Short Selling with gigantic sized fund in hand... Who else can stop the rage ? Even making huge profits on every QR would be meaningless... The only medicine to teach the Shorters is by just watching them buying at their own selling price... We just need to move on to other theme like Tech counters and return to Gloves when Shorters learnt their on doing ..
2021-02-11 15:56
Uncle YKK, please buy TopG.... bcos TopG is the biggest gloves producer in the world la.
Supermx is the pretender la.
2021-02-11 22:42
Wah KYY wants big sharks + bilis to push to RM 10 for him unload on long term investors, but i must admit the current price is kinda attractive compared to the overpriced tech stocks. Right now big sharks hot money is pushing tech stocks to unload on bilis so gotta wait abit until they are done there.
2021-02-11 23:17
这是我的见解：上涨风以经吹去钢铁了。手套会一直下跌，下跌到您们发疯的惊慌抛售。哈哈哈｛今年2021年，开始手套价一直在下跌价。钢铁价一直在上涨｝。您们还在等什么，快快过来我这边啦！。哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈········································》》》
2021-02-14 11:42
Don't sell your glove stock. You can buy other stock. They is no profit like glove.
2021-02-16 14:54
Maybe his next article "Why i sold my Supermax n bought Dayang"?
Got reward or not if i made the right guess?
2021-02-16 17:37
@charlesT... you were right. KYY just revealed that he sold ALL his supermax around the same time he published this article.
2021-03-03 10:32
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