SUPERMAX NET PROFIT - Breaking their own record high
SUPERMAX || WHAT IS THE PRICE RANGE IF ASP INCREASE 20% FROM JULY TO SEPTEMBER
vinkuat
Publish date: Wed, 12 Aug 2020, 12:50 PM
vinkuat
0 3
Total Container Weight for Supermax
Jan to Mar 2020 || 1,380,844 KG (Net Profit 71M)
Apr to June 2020 || 2,638,424 KG (Net Profit ??M)
Growth QoQ || 1,257,580 KG or 91.1%
Assume same Net Profit same as Jan to Mar & Assume ASP + SPOT just 20%
TOTAL NET PROFIT for Apr to June 2020 is 528M
Jan to Mar 2020 || 1,380,844 KG (Net Profit 71M)
Apr to June 2020 || 2,638,424 KG (Net Profit ??M)
Growth QoQ || 1,257,580 KG or 91.1%
Assume same Net Profit same as Jan to Mar & Assume ASP + SPOT just 20%
TOTAL NET PROFIT for Apr to June 2020 is 528M
SUPERMAX
TWO(2) quarter before EPS is just 2.31 sen (official)
ONE(1) quarter before EPS is just 5.42 sen (official)
The current quarter EPS is just 30.58 sen (official)
Next quarter EPS is just 36.69 sen (forecast; assume ASP increase 20% ONLY!)
So, total 4 quarter EPS is 2.31 + 5.42 + 30.58 + 36.69 = 75.00
My personal opinion on PE for rubber glove company especially the big rubber glove company is around PE 40 to PE 70 during this Covid-19 period.
EPS x PE= Price
75.00 x 40= RM30.00
75.00 x 50= RM37.50
75.00 x 60= RM45.00
75.00 x 70= RM52.50
Based on the observation on the PE recently, the Top 4 glove companies namely Topglove, Supermax, Hartalega and Kossan achieve P/E 100 and more. It is safe to give a P/E 40 to 70. So, the price shall be at least RM30.00 to RM RM52.50
Disclaimer…This is not an advice to buy or sell. It is just for education and sharing purpose. Vinkuat do not take accountability for any trading occurring from our information disseminated.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on SUPERMAX NET PROFIT - Breaking their own record high
Discussions
3 people like this. Showing 15 of 15 comments
@liewtz06 what you say is accurate, just take the gross and +/-. SPOT order also haven't calculate.
2020-08-12 17:37
ASP increase +20%, then you shall use revenue +20% and then deduct the operating cost to get PBT and PAT.
PAT divide number of shares. Only this calculation is correct.
Not simplistic with EPS +20%,
2020-08-12 19:18
FYI. next quarter correct EPS is atleast 60 sens.
based on
ASP July +10%
ASP August +10% on top of July
ASP September +10% on top of August
I use +10% only, super conservative. What if I use +15%? hehehe
2020-08-12 19:20
Nice, supermx price today dropped so much, what you waiting for? Sell house, parent, kids, wife all in
2020-08-12 19:21
@tcgien,yes it is 60 sens. In fact my calculation is 62.2 sens. I just use the very-very low estimations so that those who is ignorance can digest easier.
2020-08-12 20:20
@beginner, don't ever sell your family member no matter how good is investment return.
2020-08-12 20:22
wrong calculation
eps is calculated based on the net profit of the trailing twelve months and latest number of shares issued.
2020-08-12 21:14
https://klse.i3investor.com/blogs/OoiTeikBee/2020-08-12-story-h1511677880-Projected_PAT_in_Q1_2021_result_of_Supermx.jsp
OTB calculations. So complicated and arrive at RM50. So, it is also very near.
2020-08-13 11:41
U need to understand this loh...!!
Dali is wrong mah...!!
The broker institute this no contra guideline to protect the glove traders & investors and remisier mah..if there is a crash alot of people will go bankrupt mah..!!
Better to let some air out 1st mah...!!
If the purchasers are so confident perhaps they should use their own cash to buy...why need to use remisier limit or margin and endanger much more people to the euphoria leh ?...!!
The brokers are right to institute pre emptive strike loh...!!
Posted by stockraider > Aug 17, 2020 12:33 AM | Report Abuse X
This stupid dali say gloves being a commodity they are sign of danger then why he do not allow the brokers to steer away from danger leh ??
I think people should be rational and allow the brokers to take preventive action mah...!!
This will reduce sharp systematic risk mah...!!
2020-08-17 00:42
Copy & Paste/Highlight
SUPERMAX PRICE RANGE IF ASP INCREASE 20% FROM JULY TO SEPTEMBER.
Author: vinkuat | Publish date: Wed, 12 Aug 2020, 12:50 PM
SUPERMAX
2nd Quarter before EPS is just 2.31 sen (official)
1st Quarter before EPS is just 5.42 sen (official)
The current quarter EPS is just 30.58 sen (official)
Next quarter EPS @36.69 sen (forecast assumed ASP increase 20% ONLY!)
So, total 4 quarter EPS is 2.31 + 5.42 + 30.58 + 36.69 = 75.00
My personal opinion on PE for rubber glove company especially the big rubber glove company is around PE 40 to PE 70 during this Covid-19 period.
EPS x PE= Price
75.00 x 40= RM30.00
75.00 x 50= RM37.50
75.00 x 60= RM45.00
75.00 x 70= RM52.50
Based on the PE recently where the Top 4 glove companies namely Topglove, Supermax, Hartalega and Kossan hv achieved P/E 100 and more, it's safe to give a P/E 40 to 70.
Therefor, the price shall be at least RM30.00 to RM RM52.50
2020-08-17 07:19
Post a Comment
Featured Posts
MQ Trading Signals
Time
Signal
Duration
Type
2024-05-16 09:00:00
TURTLE SYSTEM 20
Hourly
SELL
2024-05-16 09:00:00
TURTLE SYSTEM 55
Hourly
SELL
2024-05-16 09:00:00
TURTLE SYSTEM 20
30 Mins
SELL
2024-05-16 09:00:00
TURTLE SYSTEM 55
30 Mins
SELL
Apps
Top Articles
1
3
4
5
7
8
save malaysia!
Malaysia set to become hub for AI development and innovation
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
liewtz06
It is flawed to assume 20% increase in ASP only resulted in 20% EPS increase.
2020-08-12 16:53