THE INVESTMENT APPROACH OF CALVIN TAN
Why is Calvin Tan Research SO BULLISH ON SUPERMAX'S PROSPECTS? See the Facts & Figures Yourselves with Eyes BIG BIG WIDE OPEN!!
calvintaneng
Publish date: Tue, 16 Jun 2020, 09:59 AM
calvintaneng
0 1,804
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Hi guys
Calvin is bullish on Malaysian Glove Stocks. Especially on SUPERMAX!!
And these are the Compelling Reasons
To do that we need "DATA" and if you just go and seek you shall find
For "SEEK AND YE SHALL FIND"
1) See Comfort Gloves Result
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Apr 2020
|
30 Apr 2019
|
30 Apr 2020
|
30 Apr 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
152,907
|
119,956
|
152,907
|
119,956
|
| 2 | Profit/(loss) before tax |
22,242
|
10,555
|
22,242
|
10,555
|
| 3 | Profit/(loss) for the period |
16,339
|
8,411
|
16,339
|
8,411
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
16,339
|
8,411
|
16,339
|
8,411
|
| 5 | Basic earnings/(loss) per share (Subunit) |
2.80
|
1.50
|
2.80
|
1.50
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.5600
|
0.5500
|
||
Profits of Comfort Gloves up from 1.5 sen to 2.8 sen or Up 86.6%
2) TOPGLOVE RESULTS
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 May 2020
|
31 May 2019
|
31 May 2020
|
31 May 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
1,688,324
|
1,190,235
|
4,127,201
|
3,612,165
|
| 2 | Profit/(loss) before tax |
422,020
|
82,239
|
677,846
|
349,588
|
| 3 | Profit/(loss) for the period |
350,033
|
75,188
|
577,802
|
293,536
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
347,895
|
74,665
|
575,004
|
290,512
|
| 5 | Basic earnings/(loss) per share (Subunit) |
13.59
|
2.92
|
22.46
|
11.37
|
| 6 | Proposed/Declared dividend per share (Subunit) |
10.00
|
3.50
|
10.00
|
3.50
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.2900
|
0.9900
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
Topglove Up from 2.92 profit to 13.50 sen (362% jump)
3) SUPERMAX RESULTS
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2020
|
31 Mar 2019
|
31 Mar 2020
|
31 Mar 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
447,247
|
361,199
|
1,202,685
|
1,113,352
|
| 2 | Profit/(loss) before tax |
95,277
|
49,416
|
169,549
|
156,409
|
| 3 | Profit/(loss) for the period |
72,349
|
34,963
|
127,331
|
109,653
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
71,056
|
34,617
|
125,968
|
108,695
|
| 5 | Basic earnings/(loss) per share (Subunit) |
5.42
|
2.64
|
9.62
|
8.29
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
1.50
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.9200
|
0.8300
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
Supermax profit up from 2.64 to 5.42 (Jumped 105%)
DO YOU SEE ANYTHING MORE?
IS TOPGLOVE MAKING THE MOST GAIN BY PER CENTAGE OF 362%?
YES, IF ARE A SHALLOW OBSERVER
NOW CHECK VERY VERY CAREFULLY AGAIN
1) RESULTS OF COMFORT GLOVE ENDS IN APRIL
See
SUMMARY OF KEY FINANCIAL INFORMATION
30 Apr 2020 FOR COMFORT GLOVES
That means that MCO started in March 18th 2020 for Malaysia Comfort still got March 19th to end April 2020 in selling of Gloves
So the Result includes the Whole Month of April 2020
2) SEE TOPGLOVE
SUMMARY OF KEY FINANCIAL INFORMATION
31 May 2020 FOR TOP GLOVES
Top Glove result Includes both the Month of April & May 2020 when Glove Orders came in Torrents!
3) Now See SUPERMAX
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020 FOR SUPERMAX
Aha! SUPERMAX Results only reported Till 31st March 2020 (Only 13 days of March 2020 after MCO triggered on March 18
SINCE WE ONLY HAVE THE FIGURES UNTIL 31ST MARCH FOR SUPERMAX (COMFORT 30TH APRIL) & TOPGLOVE (31ST MAY 2020)
ONLY THE ACCOUNTANTS, AUDITHORS & DIRECTORS OF SUPERMAX KNOW THE REAL FIGURES OF SUPERMAX RESULT FROM 1ST APRIL TO JUNE 30TH 2020!
AND JUST LIKE TOPGLOVE WHICH STATED THAT THEY HAVE ALL PRE ORDERED AND SOLD AHEAD OF TIME FOR 400 DAYS TILL MID 2021 SUPERMAX TOTAL PRODUCTIONS HAVE ALL BEEN SOLD & PROFITS CALCULATED
AND THE RESULT OF AUGUST ALREADY KNOWN
Just like in an Election
Even Before the Counting Ends if the Number of Votes exceed 50% we already know who "WON" the Election!
No need counting the last vote to celebrate
And Celebrate They Did
See The SUPER DIRECTORS WHO ARE SUPER BULLISH
ACTIONS SPEAK LOUDER THAN WORDS
| MR NG KENG LIM @ NGOOI KENG LIM | 29-May-2020 | Acquired | 200,000 | - |
 |
| MR TAN CHEE KEONG | 28-May-2020 | Acquired | 20,000 | - |
|
| MISS CECILE JACLYN THAI | 27-May-2020 | Acquired | 100,000 | - |
|
| MR TAN CHEE KEONG | 21-May-2020 | Acquired | 40,000 |
3 DIRECTORS OF SUPERMAX BOUGHT AT RM7.50 TO RM7.73 FROM OPEN MARKET!
THAT MEANS THEY "SEE" SUPERMAX IS WORTH MORE THAN RM7.73 PER SHARE WHEN AUGUST 2020 RESULTS ARE OUT
BIG QUESTION NOW IS
WILL THE RESULT OF SUPERMAX BEATS TOP GLOVE OF 362% ???
IF SO WHAT SHOULD BE THE PRICE OF SUPERMAX IN AUGUST 2020 - LESS THAN 50 DAYS FROM NOW?
RM10.00?
RM12.00?
RM15.00?
OR MORE ???
THIS IS BETTER THAN FISHING
WHEN A FISH IS HOOKED IT MIGHT COME NEAR OR MOVE FAR, IT MIGHT GO LEFT OR RIGHT. IT MIGHT DIVE DOWN OR JUMP UP. BUT SINCE IT HAS BEEN HOOKED TO THE LINE THE FISH WILL EVENTUALLY BE REELED IN
SO IS SUPERMAX
THE RESULTS ARE ALREADY OUT. ONLY THING NOW REVEALED YET JUST AS THE FISH IS STILL IN THE WATER
BUT THE FISH CAN STILL BREAK FREE IF THE LINE SNAPS
FOR THE ACCOUNTS OF SUPERMAX THEY ARE AS SAFE AS MONEY IN THE BANK SAFE DEPOSITS
NOTHING CAN CHANGE IT EVEN IF HUMAN SENTIMENT CHASE UP AND SELL DOWN SUPERMAX SHARES
SO HOLD FIRMLY AND WAIT
https://www.youtube.com/watch?v=ldAT3UOz6DM
BEST REGARDS
Calvin Tan Research
Singapore
Please buy/sell after doing your own due diligence. In doubt consult your Remisier or Fund Manager
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Discussions
Be the first to like this. Showing 11 of 11 comments
So you realised netx is doomed and hopped on OTB's bandwagon eh?
2020-06-16 10:07
Hahaha
Netx is perfectly ok
Netx will have the last laugh one day
And he who laugh last laughs the loudest !
2020-06-16 10:28
Sifu Kim or freetospeak is the real Sifu on Supermax
I think kossan also reported till March 31st
So kossan another hidden gem
Eastspring Investment Fund is also in Top 30 of Kossan
2020-06-16 10:41
FY20 Q1 is Loss RM ( 4.9 million ) , RM 0.5 million is Loss as compensation to ESOS share-based to employees . No wander frequently issue ESOS .
What happened to the PP subscribers , eg : Macquarie whom subscribed at 3.9 sen ? compensation also ?
2020-06-16 12:48
Mikecyc is a psyco of little purpose in life
Got do something positive or you are finished
2020-06-16 14:39
Calvin, many investors are spooked by the recent selldown of glove shares, especially Top Gloves. Whats your take on this softening? Need your expert opinion.
2020-06-18 20:24
Just saw your post patrick8
Short term volatile
Longer term very good
So invest longer term
2020-06-24 12:36
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freetospeak
To complement Calvin sifu comparision.
Supermax monthly profit is about 10 million (30m/3) precovd.
Let assume
Jan profit 10 x20% = 12 mil
Feb = 12 x 20% = 15 mil
March profit = 71 -27 = 44 mil
Huge increase of precovid of 10 m = 44 mil = 440% increase
It cannot be incresae in volume becoz of covid lockdown.
So the 440% would be the effect of increase in ASP. Which i assume is massive spot order n OBM non-lock in price decision by maangement.
U can try compare all gloves company from jan to mar. Only supermax record a mom 400% increase in profit.
This pull supermax margin from 9% precovid to 15 % within 1 month
2020-06-16 10:06