Research Houses/Analyst too Conservative- Hartalega Chairman- Mr Kuan
------------------------------------------------------------
He said at a press conference after the shareholders meeting today (Friday): “I think some analyst reports are suddenly too conservative. They think that the demand for gloves will decline in two years or even the second half of next year, but we don’t think so.”

Mr Kuan believes than demand for GLOVES will exceed supply for the next 3 years ie 2023.

Hello- IB analyst -Wake up and listen to Mr Kuan- don't be too conservative. If don't know, don't resort to guesswork- find out from Captains of the industry- Mr Kuan, TS Lim & DS Stanley.

The supply of the rubber gloves will not be able to meet the demand in the next three years, said Hartalega Holdings Bhd executive chairman Kuan Kam Hon.
-------------------------------------------------------
KUALA LUMPUR (Sept 15):

Speaking to reporters at a press conference after the group’s annual general meeting today, Kuan said currently there is an enormous shortage of gloves due to the Covid-19 pandemic.

“Right now, there is an enormous shortage, so we (are) always short on gloves. So the system is compromising because there's not enough gloves. So we do not even know whether we have 120 billion more pieces of gloves in the next three years, do you think it's sufficient? I don't think it's sufficient.

DEMAND to exceed SUPPLY for the next 3 years.

GLOVES has got a long way to go. Just hold on tight to your SUPERMAX investments.

Testing the love for gloves
-------------------------
TheStar Tue, Sep 15, 2020 07:50am - 1 hour ago

Brokers have come out to defend battered glove makers after profit-taking saw a number of glove stocks lose almost half of their peak values in recent weeks.

Analysts are backing the belief that glove prices will continue to rise amid news of an imminent Covid-19 vaccine.

Thanks TeamRocket. The REVERSE GEAR Sifu.

A massive boost for Supermax today.

Thanks Bro.

An opportunity of a lifetime- to accumulate Supermax

Here are the reasons-

• COVID-19 pandemic has already made Structural Change to the Glove industry. ASP (Average Selling Price) will never go back to Pre-COVID-19 level.

• Supermax has transformed into OBM-X Extremely Powerful OBM + OWN DISTRIBUTION NETWORK Streamlined Business Model removed all the middlemen. DOUBLE INCOME STREAMS. SUSTAINABLE STRONG EARNINGS EVEN POST-COVID19.

• Some say one day ASP will be back to normal. Yes – who doesn’t know one day everyone will die? Then should we all kxll ourselves now?? When the ASP is back to "normal", it’ll be a Higher New Norm. After 2-3 years of hyper-normal ASPs, end-users will have been conditioned for high ASPs

• Nowadays all the GLOVE makers reported order delivery lead time up to 18 months (1.5 years) until 620 days (nearly 2 years) with deposits ALREADY paid by customers.

• Supermax HIGHER and HIGHER ASP. SOLD OUT CAPACITY. HUGE ORDER BOOK DEPOSITS ALREADY RECEIVED 892 MILLION. NEW PRODUCTION LINES ADDED.

• According to CGS-CIMB Research, Glove sector 5-year P/E Ratio mean is 22.1.

• SUPERMX has hit another record high profit again made RM 399.618 Million for April – June 2020 which is 562% of the previous record high profit RM 71.056 Million.

• SUPERMX will conservatively announce Profit After Tax 800 Million (RM 800,000,000; 9 figures!!!!!!!!!) to more than 1 Billion (RM 1,000,000,000; 10 figures!!!!!!!!!!) for July – September 2020.

• GLOVE makers will pay higher dividends, share dividends and bonus issues.

Agressive Share buybacks by management last Friday- 5,488,000 shares as hares are undervalued.

By Sifu G Panda

I have said it before and will say again-

Team Rocket says SELL means BUY

Fall means RISE,

Limit down means Limit up.

Today he says SELL means BUY

Kipidup- Teamrocket! LOL.

Fully agree with you Goldenluck

SC should open an investigation on TG & Supermax transactions to see who are the sellers that pushed down the glove prices sharply in such a short duration .

Pfizer CEO, Bourla said Sunday that the company has already invested $1.5 billion for the development of the potential vaccine. He said if the vaccine failed to work it would be financially “painful” for the company.

Pfizer will be in financial difficulties if Vaccine not successful???

This explains the RUSH to undercut the rest.??

Its all about MONEY ya. SAFETY - secondary. ?

LATEST BY CIMB RESEARCH- SUPERMAX- TP 13.50
-----------------------------------------------------
OVERWEIGHT on GLOVE. A firm grip in the storm.

Current Price- RM7.50

TP RM13.50

TOPGLOVE- Malaysia first RM 200 billion company

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-09-13-sto...

SPOT ON JOHN.
----------------
Posted by JohnFarmer458 > Sep 13, 2020 7:56 PM | Report Abuse

Lol those who believe in Chinese propaganda , then u better go and order your vaccine lah. To begin with had the Chinese government were transparent to release true data about Covid19 it wouldt have blown out of proportion globally. They lied, hide true data and did all kind of propaganda misleading the world in order to look good . Now they are trying to be the "hero" saving the world. Even if their people dying or they are purposely hiding their true covid case count they dont care as long as they can save face

By Sifu GiantPanda

What’s the possible benefit for those trolls naysayers liars sourgrapes spread fears scare you to sell?

1. They want to buy, buyback or buy more SUPERMX shares from you. HAVE YOU NOTICED SOME OF THEM ALL OF A SUDDEN BECOME THE STRONGEST SUPERMX SUPPORTERS ALREADY??


2. No benefit to them at all. They are psychopath just mentally ill sick people. They keep asking people to sell here and there. They never buy share and will not buy any share. They are always losers. They are pathetic.


3. They want you to sell and move to their counters. But there’s no other stock better than SUPERMX reported PAT RM 400 Million (RM 400,000,000!!!!!!!!!) rising to RM 800 Million (RM 800,000,000!!!!!!!!!) up to more than RM 1 Billion (RM 1,000,000,000!!!!!!!!!!) PROFIT VISIBILITY for next quarterly report.

Tan Sri Lin Weicai Interview Highlights:

The stock price has risen by 300-400% throughout the year. The decline is a normal callback

A very dazzling performance will be announced on September 17th. I hope investors will wait patiently and the annual profit will have a chance to reach more than 6 billion.

The annual output exceeds 80 billion gloves, and the orders are also full. It takes more than 600 days to get the order

Top glove is expected to become the largest market capitalization company in Malaysia

Industry competition is high, and it is not easy for other companies to enter the glove field. The new army can survive no more than 20% in the long run

The boss plans to be listed in Hong Kong next year, and the long-term goal is still to reach the world's top 500 companies

The boss pays attention to R&D and cultivating talents. There are 750 R&D elites in 6 R&D centers, including engineers, chemists, scientists and PhDs.

The global demand for gloves is increasing, the long-term business model can grow, and the company's business cycle is normal.

Three views of being a person must be right, insist on paying attention to the health of body and mind, mind, and morality, and be down-to-earth from the foundation

Fauci says normal life may not be back until the end of 2021

By Amanda Watts, CNN
Updated 2143 GMT (0543 HKT) September 11, 2020

@pysa, yes no one in the proper frame of mind will trust Uncle KYY except for his band of ardent followers which consisted mainly of simpletons. Whatever it is , these followers will help drive up the price of SUCB further. Cheers Bro!

Uptrend on the cards- The Edge
-----------------------------------
Glove counters have been oversold over the past week. In the coming week, we foresee that demand for glove stock will be on the rise, indicating a healthy correction.

Despite the latest slip due to recent sell offs, research houses are still optimistic on the future performance of glove companies as COVID-19 cases have yet to show signs of slowing down.

With health operating procedures in place as well as rising concern of another wave as winter season approaches, steady demand, and positive financial results indicate a stability for the sector.

“While retail investors especially are often following the trend be it buying or selling, we believe that glove companies are an asset to invest in as the pandemic will create a new norm, leaving demand for glove on a steady note,” said an equity analyst.

SUPERMAX has the best profit growth rate- Uncle Koon's Post today.
-----------------------------------------------------

Comfort recently announced its EPS of 7.17 sen in its 2nd quarter ending July. Its performance was Q on Q 162% and Y on Y 501%.

Rubberex’s EPS 8.69 in its 2ndquarter ending June. Its performance was Q on Q 148% and Y on Y 858%.

Top Glove’ EPS 13.59 in its 3rdquarter ending May. Its performance was Q on Q 200% and Y on Y 366%.

Supermax’s EPS 30.58 sen in its 4thquarter ending June. Its performance was Q on Q 462% and Y on Y 2,552%.

This comparison shows that Supermax has the best profit growth rate. Supermax has its own brand and sale outlets in many major US cities and in several other major cities around the world. It can easily increase its selling price.

[ Visit Hargapedia - Malaysia's Leading Grocery, Health & Beauty Price Comparison App ]
Comfort and Rubberex could not increase their selling price for its gloves so easily because they both are selling their gloves through their agents. At Comfort’s AGM, the CEO said that the company sold all its gloves to its agents with a price increase of 5 to10% every month.

Comfort and Rubberex should collaborate with Supermax for mutual benefit. To make more profit, Comfort and Rubberex should sell their gloves to Supermax at a higher price than they are selling to theiragents and Supermax would have more gloves to sell to make more profit.

Explanation note: to calculate the profit % increase for example:

Supermax 4th quarter EPS 30.58 senand its 3rd quarter EPS 5.42. 30.58 divided by 5.42 = 564%. Net profit Q on Q increase 564% – 100% = 464%.

Supermax 4th quarter EPS 30.58 and its 4th quarter of previous year EPS 1.15. 30.58 divided by 1.15 = 2659%. Net profit Y on Y increase 2659% – 100% = 2559%.

You can use the same method to calculate the profit % increase for Comfort, Rubberex and Top Glove.

Posted by z3fthology > Sep 13, 2020 9:31 AM | Report Abuse

Do u guys think the cnn report will hurt the share price for big 4 tomorrow?

My opinion. for gloves and PPE investment people. NOT speculators and certainly not margin account trades.

1) I think the CBP from USA did you gloves guys a favour by temporarily banning import of TG products. Based on how much TG supplies to USA, it creates an further artificial shortage in USA and results US dumbos having to buy from others. Covid cases in USA had been going upwards and worldwide cases, sadly has increased from 23.2 to 28.7 M in about 3 weeks. It result..price increase in ASPs. TG had to pay about 53M MYR to report to be prepared and submitted. All TG has to do is increase its price in USA by (ha ha ha)[how many US cents per glove).

2) Meanwhile US has to beg some of our other producers for stock. So expect better results from the others.

3) meanwhile TG diverted its supplies to other countries needing it more and probably at current price. Thats probably explains why TG may earn higher PAT than expected and why Boss smiling from cheek to cheek.

4) As for his 200M purchases on Thursday and Friday, don't be surprised if he bought more next week and using it to do a Supermax. Dividends in specie. So he buys back oversold shares and support price. I think he is very smart man.

5) I expect dumb CBP people to lift ban fairly soon before Thursday and you see DAP rocket by Friday taking off.

6) If he wants TG to be top market cap stock in Bursa, a combination of these will have to happen next week especially with the poor MBB results , no dividends and shareholders have to hold and pray that further downside with exposure overseas due to covid. EPF will have to support MBB price next week or it will be overtaken sooner if it drops. I had already sold my MBB shares already otherwise I will clear first thing in the morning.

7) You need to look at figures and have patience.

Good hunting

Aiya, CNN just senstionalising old news. The matter will be settled very soon by the US Border/Customs Authorities as TG has already rectified the labour issues.

Anyway if you are disturbed, just focus on SUPERMAX as they have no Labour issues in the US. In fact SUPER is SMETA compliant.

SMETA is an ethical audit format which reports on Sedex's four pillars of labour, health, safety and environment in reflecting good business ethics.

FF will definitely divert more Funds into SUPERMAX as Supermax has commissioned and undergone a Sedex Members Ethical Trade Audit (SMETA) audit by an independent auditor successfully and admitted as a member of SEDEX.

I see BRIGHTER days ahead for SUPERMAX.

The Securities Commission (SC) MUST look into this SERIOUS issue and REPRIMAND Macquarie and send a CLEAR message to other MANIPULATIVE IBs.
--------------------------------------------------------
The debate wasn’t just about the value of the major glove manufacturer’s (Top Glove) stocks. The crux of the debate, in fact, was about the quality of research reports on the company and whether it is compromised by the interest of investment banks issuing structured warrants that are based on the stock.

IN a space of just 15 days Macquarie Research, a well-respected research outfit, has done something quite unexpected. It drastically changed its outlook on Top Glove Corporation Bhd, sparking a huge debate.

The debate wasn’t just about the value of the major glove manufacturer’s stocks. The crux of the debate, in fact, was about the quality of research reports on the company and whether it is compromised by the interest of investment banks issuing structured warrants that are based on the stock.

Just recently, on Aug 24, Macquarie issued a report setting the 12-month target price for the Top Glove at RM30.40. Taking into account Top Glove’s two-for-one bonus issue that took effect on Sept 4, the target price should be adjusted down to just above RM10.

However, last Wednesday, Macquarie downgraded Top Glove to RM5.40, more than 45% of the adjusted price post the bonus issue. In just 15 days, Macquaries changed its call on the stock from an out-perform to an under-perform.

The research house did state in its latest report that there was a change in the analyst covering the stock.

Nevertheless, how a research house can change its views so drastically in just two weeks is perplexing.

For the record Macquarie is a prolific issuer of Call Warrants in the GLOVES sector.

CONFLICT of INTEREST? Any comments SC. ?

SUPERMAX is a SMETA compliant Company- International Labour, Health & Safety Standards.
-------------------------------------------------------
Supermax has commissioned and undergone a Sedex Members Ethical Trade Audit (SMETA) audit by an independent auditor successfully and admitted as a member of SEDEX.

SEDEX is one of the world’s leading ethical trade service providers, working to improve working conditions in global supply chains. It provides practical tools, services and a community network to help companies improve their responsible and sustainable business practices, and source responsibly.

SMETA is an ethical audit format which reports on Sedex's four pillars of labour, health, safety and environment in reflecting good business ethics.

This explains why SUPERMAX never had issues with the US Customs,Border & Protection Authorities.

GLOVE - The BEST sector to be in for the next 3 years or more.
-----------------------------------------------------------
"Glove makers are making historic amount of profits as we speak — this tells you at the end of the day that it is backed by FUNDAMENTALS.

Other sectors are loss making or delivering only a fraction of the Glove's sectors earnings

- Tech ? Down
- Banking ? Down
- Plantation ? Down
- Wood? Down
- Consumer? Down
- Utilities ? Down
- Telco ? Down

Banks don't even give Local Funds the yield anymore. So where are the Funds going to park your funds in search of yields?

Your best bet is for the Glove players- especially SUPERMAX to be generous with their dividend this year and fill in the gap left by other Blue Chip stocks.

Keep it up TEAM ROCKET -you are doing a good job. Hope you continue bashing Supermax- because it invariably BOOST the share price of Supermax.

Yup the REVERSE happens - Cheers mate !

You mentioned 2 days ago that Super is going to be classified as PN17 is hilarious! real vintage stuff.

Breaking News - by Uncle KOON lol
-----------------------------
Among all the glove stocks Supermax has the best profit growth prospect as shown in its latest quarter ending June. Its EPS was 30.58 sen, quarter on quarter 462% and year on year 2,553% as shown on the table below. This indicates that the company has its own brand and sale outlets in all major cities in US so that the company can easily increase its selling price for gloves.

Many weak-minded holders sold their holdings recently.

The nitrile glove shortage could be way worse than the mask shortage
---------------------------------------------
Gloves aren’t as widely used, but are just as essential -- and far harder to manufacture.

By Joshua Sargent Updated 6:28 pm PDT, Thursday, September 10, 2020

In the face of the Covid-19 pandemic, a nitrile glove shortage may not seem as dire as a mask shortage. After all, no virus can drill through the skin on your hand.

However, these gloves are still a necessity for medical professionals, tattoo artists, food servers, and mechanics. Right now, our supplies are dwindling.

United States currently has no domestic manufacturers.

Rm 7.92 coming- then big show to be continued on Monday & Tuesday. Wednesday- Relax- Thursday Kaboom again - thanks to TG excellent Q$ PAT of RM1.5 billion.

Run , don't walk. Just grab as much as u can b4 limit up. lol
-----------------
Posted by Sanineh > Sep 11, 2020 11:20 AM | Report Abuse

run now boiss, your last chance

Accumulate Jack Limau- don't miss the great opportunity. Cheers!

Foreign Funds bot 110 million SUPERMAX shares at RM11-02.

Im sure they want to average down.

Smart money and big funds are scrambling back to GLOVES especially SUPER to MAX. Big boost next week- TG will announce a PT of at lest RM 1.2 billion. Will lift the glove sector.

Accumulate before you miss the SUPER boat - Folks.

Mc Curry can manipulate the PRICE but the excellent FUNDAMENTALS cannot be manipulated.

Don't miss the boat THIS TIME as there will not be another GOLDEN opportunity.

HUAT ARR!

5488- Huat to the Max- Sure Limit up today.

This selloff has given many investors who dare to be a contrarian to take an opposing views against funds by buying on weakness to make huge returns. Fundamentals always prevail over short term trades. No one can time the market to perfection but share price moves in tandem with earnings. Earnings grow, valuation is cheaper, share price rises. It sounds simple but its the truth. I believe Local Funds & Institutions who threw the shares will realise they are making a huge mistake sooner than later.

My humble view that the cash hoard that grows from their supernormal profit will enhance the value of the company + give room for potential special dividend bring up the yield of these companies which even banks may not be able to give this yield for FY 2021. So do you think Glove stocks esp SUPERMAX will remain low? No way.

This is from Sifu OTB this afternoon "I can assure everyone here, the FA of Supermx and Topglov is excellent. I was told PAT for Topglov in Q4 2020 is ranging from 1.3 billion to 1.5 billion. I invest base on this excellent PAT, Mr Market did not recognize this excellent PAT."

Well said.

Posted by GiantPanda > Sep 7, 2020 1:59 PM | Report Abuse

WHO already said the earliest vaccine is only possible in 2021 second half
There’s no vaccine approved by WHO yet not, period.

There’s no vaccine company in Malaysia

Only pharma companies do re-bottling repackaging tiny profit only and they are going down to drain because there is no real profit only talks, go join them if you want, get lost

ALL IT TAKES IS LATER NEXT YEAR ONE OR TWO CASES OF PEOPLE TAKEN SHORTCUT INEFFECTIVE “VACCINE” GOT SERIOUS HARMFUL SIDE EFFECTS IMPACT WHOLE LIFE, THEN ALL THE VACCINE AND PHARMA COMPANIES HANGUS COLLAPSE

CIMB Research maintain BUY on SUPERMX.

Target price = RM13.5

Price Call : BUY,

Last Price : 9.00,

Upside : +4.50(50.00%)

https://www.channelnewsasia.com/news/world/covid-19-surgical-gloves-pp...

COVID-19: Surgical glove makers struggle to keep pace with booming demand

PARIS: With no end in sight to the coronavirus pandemic, worldwide demand for surgical gloves - as for other types of personal protective equipment - is booming, leaving manufacturers struggling to keep up.

Fully agree with you G Panda.

ALL IT TAKES IS LATER NEXT YEAR ONE OR TWO CASES OF PEOPLE TAKEN SHORTCUT INEFFECTIVE “VACCINE” GOT SERIOUS HARMFUL SIDE EFFECTS IMPACT WHOLE LIFE, THEN ALL THE VACCINE AND PHARMA COMPANIES HANGUS COLLAPSE

Well said, Bro.
-------------------
Posted by Shawalrich87 > Sep 7, 2020 1:57 PM | Report Abuse

Stupid hng33 , BIG LIAR.. case covid 19 surge around the world , the highest number infection record in Indonesia, India , Philippines , uk , the us and don't seen any sign of covid case will be subdued in near future . on contrary to your view , it will get worsen by the fall in October , expect covid 19 case jump to triple than now... Asp will continue to increase upward and demand excess supply and put glove company in better position in negotiate price of glove.

3 POINTS WHICH IT WILL BOOST GLOVES COUNTERS
--------------------------------------------------
1. COVID cases are rising globally

Global cases pass 25m heading to 30 millions.
Coronavirus cases are on the rise again across more than half of the U.S.
Covid-19 has so far killed at least 186,800 people in the U.S., according to data compiled by Johns Hopkins University.
1st top cases is USA at 6.440.816, 2nd row is India with 4.196.131 and 3rd row is Brazil with 4.123.000 cases.

2. Surgical glove makers struggle to keep pace with booming demand

US-based Allied Market Research estimates that the global disposable gloves market amounted to US$6.8 billion in 2019, and is expected to nearly triple to US$18.8 billion by 2027.


3. WHO says don’t expect vaccine distribution before mid-2021

The large-scale global distribution of vaccines against COVID-19 is not expected until mid-2021.
So realistically speaking, probably the second half, the middle of 2021 - maybe the second quarter, the third quarter of 2021. This timeline is based on the fact that Phase 3 trials of many candidate vaccines are not expected to be concluded until the end of the current year, the WHO’s chief scientist said.
None of the candidate vaccines in advanced clinical trials so far has demonstrated a “clear signal” of efficacy at the level of at least 50% sought by the WHO.

Coronavirus could be part of daily life for the next three years and may not disappear even if a vaccine is found, a leading scientist has warned.
-------------------------------------------------------------
Professor Hendrik Streeck, who is a prominent German virologist, predicted the world would see regular outbreaks of Covid-19 until at least 2023. The virologist led the pandemic response in Heinsberg, one of Germany’s worst-hit districts, using the town of Gangelt to study how the virus spread and how it could be contained.

Read more: https://metro.co.uk/2020/09/06/coronavirus-pandemic-could-last-until-2023-scientist-warns-13229142/?ito=cbshare

A vaccine before Election Day-a goal next-to-impossible to meet.
---------------------------------------
From CNN's Gregory Krieg

Anxieties over the process that could lead to the approval of a coronavirus vaccine are escalating as President Donald Trump, desperate to stamp an end date on the deadly pandemic nightmare, ratchets up pressure on top regulatory officials to deliver him a medical and political panacea ahead of the November election.

A vaccine to be made available in the less than nine weeks to go before Election Day -- a vaccine made available in the less than nine weeks to go before Election Day -- a goal scientists have roundly said would be next-to-impossible to meet.

Correct ! and also the pathetic Vaccine punters hanging around this forum.
--------------------------
Posted by manegto > Sep 6, 2020 4:26 PM | Report Abuse

tell all the fxcker IBs to fxck off if they dun want to invest in glove....pass all the shares to foreign buyer...they are happy to collect more

WHO says widespread coronavirus vaccinations are not expected until mid-2021

The organization is stressing the importance of rigorous checks on their effectiveness and safety.

NONE of the candidate vaccines in advanced clinical trials so far has demonstrated a “clear signal” of efficacy at the level of at least 50% sought by the WHO, spokeswoman Margaret Harris said.

Only CLOWNS will invest in the bottling of vaccines in Malaysia.

WHO says widespread coronavirus vaccinations are not expected until mid 2021

The organization is stressing the importance of rigorous checks on their effectiveness and safety.

NONE of the candidate vaccines in advanced clinical trials so far has demonstrated a “clear signal” of efficacy at the level of at least 50% sought by the WHO, spokeswoman Margaret Harris said.

HERE WE GO AGAIN - WHEN CLOWNS MISS THE BOAT THEY TEND TO BE JEALOUS & BITTER AND END UP WIRTING RUBBISH. THEY JUST COULDNT BELIEVE THEY MISSED AN OPPORTUNITY OF A LIFETIME.

SUPERMAX HAS SOLID FUNDAMENTALS , EXCELLENT BUSINESS MODEL- OBM & ODN, GOOD EARNINGS ( FOR THE NEXT 4 QUARTERS) WITH 1.1 B IN PREPAYMENTS , A LEAD TIME OF 600 DAYS AND A PROJECTED PAT OF 680 MILLION FOR THE NEXT QUARTER.

MOST SCIENTIST BELIEVE THAT WE HAVE TO LIVE WITH THIS PANDEMIC FOR A LONG TIME AS AN EFFECTIVE VACCINE MAY NOT BE AVAILABLE - DUE TO MUTATIONS & REINFECTIONS. HENCE LONG TERM OUTLOOK FOR GLOVES ARE BRIGHT.

SUCH HALF BAKED NARRATIVES AND NONSENSICAL COMPARISONS WITH TULIPS & SARDINES REFLECTS HIS INABILITY IDENTIFY A MULTI BAGGER. YUP, A SORE LOSER.

CHOIVO, ITS STILL NOT TOO LATE TO GET ON BOARD AS SUPER IS FAIRLY VALUED AT RM15-18.

CIMB Research maintain BUY on SUPERMX. - YES, A SCREAMIN BUY CALL FOLKS

DONT MISS THE BOAT

TARGET PRICE = RM13.5

------------------------------------------------------------------

Date: 05/09/2020

Source : CIMB
Stock : SUPERMX
Price Target : 13.50
Price Call : BUY
Last Price : 9.60
Upside/Downside : +3.90 (40.63%)

CIMB Research maintain BUY on SUPERMX. - YES, A SCREAMIN BUY CALL, FOLKS-DONT MISS THE BOAT
TARGET PRICE = RM13.5
------------------------------------------------------------------

Date: 05/09/2020

Source : CIMB
Stock : SUPERMX
Price Target : 13.50
Price Call : BUY
Last Price : 9.60
Upside/Downside : +3.90 (40.63%)

Fair value of RM 18-00 ex Bonus is reasonable as SUPER is set to achieve explosive earnings for the next 4 Quaters and continue to do well in future. Experts are of the view that Covid is here to stay-unfortunately.

Covid 19 cannot be eradicated completely
---------------------------------------------

I have excerpted Dr Sheldon Campbell’s useful article for investors. Based on this article, the demand for medical gloves will continue to exceed supply. The selling prices for gloves will continue to go up higher and higher which should be reflected on glove stocks prices.

As COVID-19 cases continue to pile up across the country, many of us are wondering when—and if—the highly infectious and potentially deadly virus is ever going to go away. According to a top Yale pathologist, the answer is no. It is going to be with us "indefinitely."

"It's going to tail off, not end abruptly," Sheldon Campbell, MD, Ph.D., a laboratory medicine specialist at Yale Medicine and professor of laboratory medicine at Yale School of Medicine, tells Eat This, Not That! Health. "I think COVID-19 will be with us indefinitely."