THE INVESTMENT APPROACH OF CALVIN TAN

A LOOK AT THE ASSETS OF SUPERMAX SHOW DEEP UNDERVALUATION, Calvin Tan

calvintaneng
Publish date: Tue, 31 Dec 2024, 10:04 AM
calvintaneng
0 1,887
Hi Guys,

I have An Investment Approach I which I would like to all.

Dear friends of i3 Forum


There  is a very heightened interest in Supermax due to its New Factory in Rosarhon, Texas, USA


Since Donald Trump wants FDI Foreign Factories to be built in USA to employ US Citizens as workers we now take a look

And Elon Musk the spokesman for Trump also building a Factory in Austin, Texas USA



Distance from Austin, TX to Rosharon, TX

Travelmath
https://www.travelmath.com
The distance from Austin, Texas to Rosharon, Texas is: 175 miles / 282 km driving 151 miles / 243 km flying.


The distance by driving is less than 3 hours away.

If Donald Trump visit Elon Musk factory in Texas one day Supermax's Factory is not too far


Plus Supermax bought those 215 acres lands in year 2021 at very low prices since it was covid19 lock in time

Today those lands bought by Supermax is up 300% to 500%


Now Refer to Bursa

Listed are 40 assets


23. HS(D) 129442, PT 62957.............Industrial Land........

123,080sq m Freehold 14,607,750

Mukim Kapar, District of Klang,

Selangor Darul Ehsan.


Ok from above let us do a calculation


123,080 sq meter cost Rm14.607750 million


To convert to sq ft multiply 123,080 sq meter by 10.764


= 1324833.12 sq feet


convert to acre by dividing by 43,560 


= 30.41 acres


to get cost per acre


divide Rm14,607,750 by 30.4


= Rm480,518 per acre


how much is per sq feet/


DIVIDE BY 43,560 SQ FT


= RM11.03 PSF


Now see industrial lands for sale today in Kapar


Refer PropertyGuru



Image

Heavy Industrial land in Kapar, Meru, Klang, Port Klang, Selangor, Kapar Kapar, Kapar, Klang

Kapar, Selangor

RM 211,701,600

PSF RM 90


RM90 PSF CURRENT ASKING PRICE



Image

Kapar Industrial Land

Pekan Kapar, Kapar, Selangor

RM 5,998,212

PSF RM 85



NOTE: THE ASKING PRICE IS 700% TO 800% MORE THAN SUPERMAX BOOK VALUE OF RM11 PSF



OK LET US SEE HOW MUCH TOPGLOVE RECENT SALE OF ITS LANDS



These are results for TOP GLOVE SOLD LAND  Revert

Search Results

Featured snippet from the web

Solid Automotive buys 4.7-acre land in Klang from Top Glove. KUALA LUMPUR (Dec 11): Solid Automotive Bhd (KL:SOLID) said it is acquiring 4.69 acres of freehold land in Klang from Top Glove Corp Bhd (KL:TOPGLOV) for RM15. 92 million.11 Dec 2024



DATED DEC 2024

TOPGLOVE SOLD 4.7 ACRES LAND IN KLANG FOR RM15.92 MILLIONS

0R RM3.387 MILLIONS AN ACRE

SO RM3.387 MIL (TOPGLOVE SOLD) DIVIDES BY RM480,518 (SUPERMAX LAND)

= 704% HIGHER

SO NO MATTER HOW YOU CALCULATE THE LANDS OF SUPERMAX ARE SURPRISINGLY FULL OF SUPER VALUE!

GO SEE ALL 40 PIECES OF SUPERMAX ASSETS LISTED IN BURSA WEBPAGE YOURSELF



WITH KIND REGARDS

Calvin Tan

Please buy/sell after doing your own due diligence or consult your Remisier/Fund Manager
Discussions
1 person likes this. Showing 4 of 4 comments

calvintaneng

SUPERMAX 40 ASSETS BOUGHT LONG AGO ARE STRATEGIC GOLDMINE LANDS TODAY WITH FDI, DATA CENTER AND PROLIFERATION OF INDUSTRIAL PARKS

1 month ago

calvintaneng

If revalued the Nta of Supermax should be at least Rm4.00 to Rm5.00

Using Ben Graham 30% discount to NTA as margin of safety Supermax intrinsic value by Asset alone is worth at least Rm2.00 or more

Market has overlooked this deeply hidden value in Supermax's assets which Topglove, Kossan and Harta do not have

1 month ago

calvintaneng

Now see further



PRESIDENT TRUMP2 INAUGURATED : MORE CLARITY ON AI (Artificial Intelligence) & He Wants Cheaper Crude Oil (Its Implications) Calvin Tan

2025-01-26 00:32

3 (clicked likes)
8 (comments)
818 (page views)

With only 818 page views this Post has come out top

In those days it took 3,000 to 1 million page views before An article can appear in the Top popular Discussions

So 818 Page Views can make it in Top Post only tell us i3 Forum has fallen on hard times
Calvin urge i3 Admin to be seriously considering banning Spam Hate Posts for good


Spam Hate Posts
Now let Calvin highlight some false & fake concorted lies

And let Calvin humbly declare
"I have lived in all good conscience before Almighty God and men"

1) CALVIN TAN DOES NOT ENDORSE SYNDICATES PUMP & DUMP SCHEMES
In fact Calvin hates Syndicates to the very core. They are evil & Calvin is certainly against them

2) CALVIN DOES NOT ENDORSE KONG HEE TYPE OF POPULAR MINISTRY
We are conservatives. Only use God's methods & avoid Man's schemes.

3) CALVIN TAN HAS NOT TAKEN ANY MONEY FOR ALL HIS POSTING IN i3 FORUM

Calvin in all 12 years does not take
Rm1,000
Rm100
Rm10
Rm1.00
Or take even one sen from any one at all

"I have lived in ALL GOOD CONSCIENCE BEFORE ALMIGHTY LIVING GOD & MEN"
Of course Calvin is not perfect. There are good buy calls (thank God) more than bad calls

As can be seen below
All these Buy calls were later TAKEN PRIVATE ONE BY ONE

Stock: [SUPERMX]: SUPERMAX CORPORATION BHD

2 days ago | Report Abuse



hahaha

only a few non performing stocks spam over and over

see our Trophy buy call

1. Ijm plant taken private by KLK 🏆

2. bplant taken private by LTAT 🏆

3. The Store 🏆

4. kulim 🏆

5. kwantas 🏆

6. Super enterprise 🏆

7. Weida 🏆

8. TA Enterprise 🏆

9. Umw 🏆

10. Karambunai 🏆

11. DAIMAN (Diamond) 🏆

12. MMC Corp 🏆



And next to be taken private

Mphb cap soon 🏆



These ones are superstocks

Hextech (compete logistic) up 2000%

Vs tec (monopoly on Tech devise) up 700%

Rce Cap (Best of Banking: legalised ah loong up 500%

Ancomny up 400%

MFCB (My Father Comes Back) up 400%

Bonia up 400%

Supermax1 (2020) up 1,000%

Supermax C87 up 1,850%

Carimin (curry mee) up 500%

Penergy up 400%

Notion up 400%

Notion warrant up 650%

So many more up 100% to 300%

Eg. PM CORP UP 3 (X) TIMES MORE THAN 100%



Of course there are losses

But we have one Trophy for every year since Sept 2013 till now Jan 2025 since joining i3 Forum

People who were here since 2013 have and can be witnesses

2 weeks ago

calvintaneng

MOSTLY FREEHOLD ASSETS

AND IN PRIME LOCATIONS

BOUGHT AT LOW LOW PRICES

SUPERMAX (7106) IN CYCLICAL UPTURN (NOT AFFECTED BY DEEPSEEK) AS IT IS INTO HEALTHCARE; TOTALLY UNRELATED BUSINESS), Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2025-01-30-story-h498586274-SUPERMAX_7106_IN_CYCLICAL_UPTURN_NOT_AFFECTED_BY_DEEPSEEK_AS_IT_IS_INTO_

1 week ago

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