On course to limit up.

Don't laugh, will happen for all you know.

Grab b4 too late. Folks.

Huat Arrrr.

Cheap Sale over folks.

Spmx in on the uptrend now. RM15.30 dream on .

Will climb to Rm 28 before ex bonus on 7 Sept.

Latest News-

Ang Mo also say buy Supermax. CITI Research maintain BUY on SUPERMX.

Target price = RM25-00

Only Sore Chai say Sell.

Sore Losers.

Latest News-

Ang Mo also say buy Supermax. CITI Research maintain BUY on SUPERMX. Target price = RM25-00

Only Sore Chai say Sell.

Windfall Tax is Fake News By Maybank IB and their Cohorts.

Yup done deliberately to bring down Gloves for their own interest- Real Shame!

Here is the Govt's Stand- on windfall tax
-------------------------------------
“The government has not made a decision on whether it will impose the windfall tax in order to boost the nation’s revenue, but the present government has a broad-based policy and whatever is good from the previous government will be continued,”

GLOVE ROUND 3

ITS SIMPLY THE BEST, GO FOR IT- GO FOR SUPERMAX

GLOVE is the best biz in the world now.

U look into these PAT of all the stocks on KLSE: So many r in pure bad shape even blue chips like banks, tellco, ONG etc n plc across the whole spectrum of biz.

Some have to call RI to survive.

Gloves company giving bonus and good dividends.

Explosive earnings for at least 4 quarters.


https://klse.i3investor.com/financial/quarter/latest.jsp

A Looming Glove Shortage in The US
---------------------------------
Shortages of personal protective equipment and medical supplies could persist for years without strategic government intervention, officials from health care and manufacturing industries have predicted.

Officials said logistical challenges continue seven months after the coronavirus reached the United States, as the flu season approaches and as some state emergency management agencies prepare for a fall surge in COVID-19 cases.

Here is what the Sifu said to me-

Sifu told me SUPERMAX bottom is RM15.90
Sifu said SUPERMAX can fetch RM23.25 if this year earnings can go up 15x against last year
Sifu said near term price swing can be high but patience should pay off.
Sifu also said don't panic.

Thank you Sifu.

Here is an interesting article

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Here is an interesting article

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Here is an interesting

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Here is an interesting article.

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Interesting piece.

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Breaking News-

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

SUPERMAX - Dont Panic sell ya. Buy and keep.

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Breaking News-

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

Breaking News-

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h1512389923-SUPERMX_How_Low_Can_Share_Price_Go.jsp

Maybank in Denial-

(Tradeview Commentaries 17th August 2020 - Absurd Maybank IB Research Opinion on Windfall Tax Risk)

It has come to our attention that a viral news on windfall tax research on Glove Sectors specifically on Top Glove, Hartalega & Kossan was among the key reason for today's massive selloff for glove and related stocks. This is an old recycled topic that was raised back on 5th June 2020 by Public Bank Research. It is no wonder that retail investors remains skeptical and doubtful of the Investment Banks. It begs the question as to its true intention as well as professionalism in writing such reports. Whilst it is necessary to highlight the positive as well as the risk of a particular stock under coverage, it is bordering on immorality when the same IB recycles an old theme / topic out of the blue to just to fill in the the content of the report and plant seeds into policy makers mind to move forward a sinister agenda - which is imposing Windfall Tax on the Gloves Sector.

The Glove Sector remains the one few bright spot in our economy that is putting Malaysia on Global Stage, building up international reputation, diplomacy and at the forefront of savings lives in the battle against Covid-19. I have repeatedly address this issue back in June during the selloff whereby Public Bank mentioned that due to lack of government coffers, there is a risk of windfall tax. Since Maybank IB Research has chosen to reopen this topic unnecessarily, I shall take the liberty as an independent financial writer to counter this shenanigans point by point.
a - which is imposing Windfall Tax on the Gloves Sector.

All investors must look at the future of the company. It will give shareholder 1 bonus share for every 1 share held by shareholders and after the bonus issue, it will give shareholder 1 bonus share for every 45 shares held by shareholders.

SUPERMAX have around RM1 billion csh in hand. I'm sure they will buy back shares own shares at Rm15-00 and below.

Drop till RM5-00- Crazzzy Ahhh.

Sustaining Profit for Supermax.
_____________________________________

Super will increase caps by 85% by 2022 and while maintaning post covid of ASP USD 100. Super will still be able to acchieve the growing quarterly profit into the forseeable future. Do not forget even without covid. the gloves market is already growing by 10% annually. With 2 x Capacity and Full OBM-X streamlined margin .Super is in the best position to be in a unforseen growth mode.


1st September will be included to the prestigious MSCI Global index.


SCENARIO 1

PE 20. RM759 MILLION PROFIT

Base on pat 400M to 759M.

749/400 = 24.20 x1.87 =TP 45.00 (ex-bonus TP 22.50)



SCENARIO 2

PE 20 . RM1.025 BILLION PROFIT

Base on pat 400M to 1025M

1025/400 = 24.20 x2.56 =TP 65.60 (ex-bonus TP 32.80)



SOME POSITIVE NOTES:

New Production lines

The latest Lines with 1.1 bill annual capacity had been commisoned and running in August. The next 1.1 bil Line will be ready in Oct to Dec.

New Venture

Annouced venturing into mask production in malaysia. 8 million units/month beginning QTR 4. What caught our attention is the collaboration with Canada Government. They hav a BEYOND Mask product which was launched recently. Another high margin product from Aurelia Canada. Dun be surprise there might be more government collaborations coming for Supermax. More info here:

CITI RESEARCH- SUPERMAX- BUY BUY BUY BUY

Target price = RM25-00

MY Target - RM32-00 ( before bonus)

BONUS- -- 1 for 1 and

Share dividend -- 1 for 45.

REAPING THE BENEFITS OF UNIQUE BUSINESS MODEL -OBM

PAT for NEXT QUARTER- RM800 to RM980 million.

PROJECTED PAT for FYE 2021- RM2.4 billion.

Lead time for orders- 12-15 months

Deposits received - close to RM1.0 billion

THE NEW GLOVE COUNTER IN TOWN !
Author: southernwolf223

A little rumours around the corner that IQZAN would be the next to join the glove maker company in Bursa Malaysia by merging with one of the leading glove maker in Malaysia based in Alor Gajah,Melaka.The company is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, they exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

TSL Latex Gloves Ind SB
-----------------

Tan Sin Lian Industries Sdn. Bhd. (TSL) - a gloves manufacturing company in Malaysia, is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, TSL exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

Having its celebration of 25th Anniversary during 2015, TSL strives to provide best quality of products and services to customers from either healthcare or non-healthcare segments. The workforce number is 450 persons and it is still increasing. TSL built in 22 production lines in order to cope with fast-growing market demand and at the same time, maintain its prices competitiveness.


Annual production capacity - 2.2 billion.

THE NEW GLOVE COUNTER IN TOWN !
Author: southernwolf223

A little rumours around the corner that IQZAN would be the next to join the glove maker company in Bursa Malaysia by merging with one of the leading glove maker in Malaysia based in Alor Gajah,Melaka.The company is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, they exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

TSL Latex Gloves Ind SB
-----------------

Tan Sin Lian Industries Sdn. Bhd. (TSL) - a gloves manufacturing company in Malaysia, is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, TSL exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

Having its celebration of 25th Anniversary during 2015, TSL strives to provide best quality of products and services to customers from either healthcare or non-healthcare segments. The workforce number is 450 persons and it is still increasing. TSL built in 22 production lines in order to cope with fast-growing market demand and at the same time, maintain its prices competitiveness.


Annual production capacity - 2.2 billion.

THE NEW GLOVE COUNTER IN TOWN !
Author: southernwolf223

A little rumours around the corner that IQZAN would be the next to join the glove maker company in Bursa Malaysia by merging with one of the leading glove maker in Malaysia based in Alor Gajah,Melaka.The company is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, they exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

TSL Latex Gloves Ind SB
-----------------

Tan Sin Lian Industries Sdn. Bhd. (TSL) - a gloves manufacturing company in Malaysia, is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, TSL exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

Having its celebration of 25th Anniversary during 2015, TSL strives to provide best quality of products and services to customers from either healthcare or non-healthcare segments. The workforce number is 450 persons and it is still increasing. TSL built in 22 production lines in order to cope with fast-growing market demand and at the same time, maintain its prices competitiveness.

There is value added services provided by TSL which are Packaging Customization, Less Container Load (LCL), and Mix Container Services. TSL customized the gloves packaging according to specific customers’ requirements such as, small poly bag packaging (10pcs, 20pcs, etc), small box packaging (10pcs, 24pcs, 50pcs, etc) and etc. For customers who do not have sufficient goods to accommodate in a full-loading container, TSL helped in arranging the goods consolidation.

Annual production capacity -2.2 billion.

TSL emphasizes stringent quality control in order to adhere and meet with Good Manufacturing Practice and Standards, such as ASTM D3578-05, and EN455 Part 1&2. It is accredited with FDA 510K, CE, ISO9001, and ISO13485.

TSL Latexx Gloves
---------------------
Tan Sin Lian Industries Sdn. Bhd. (TSL) - a gloves manufacturing company in Malaysia, is one of the leading suppliers and exporters for Latex Examination Gloves and Latex Surgical Gloves. Currently, TSL exports to over 45 countries. The main continents covered Africa, Central and South America, European Countries, Japan, Middle East Countries, South East Asia and United States (USA).

Having its celebration of 25th Anniversary during 2015, TSL strives to provide best quality of products and services to customers from either healthcare or non-healthcare segments. The workforce number is 450 persons and it is still increasing. TSL built in 22 production lines in order to cope with fast-growing market demand and at the same time, maintain its prices competitiveness.

Annual Production Capacity - 2.2 billion.

There is value added services provided by TSL which are Packaging Customization, Less Container Load (LCL), and Mix Container Services. TSL customized the gloves packaging according to specific customers’ requirements such as, small poly bag packaging (10pcs, 20pcs, etc), small box packaging (10pcs, 24pcs, 50pcs, etc) and etc. For customers who do not have sufficient goods to accommodate in a full-loading container, TSL helped in arranging the goods consolidation.

TSL emphasizes stringent quality control in order to adhere and meet with Good Manufacturing Practice and Standards, such as ASTM D3578-05, and EN455 Part 1&2. It is accredited with FDA 510K, CE, ISO9001, and ISO13485.

Net foreign buying in local bourse
TheStar Mon, Aug 17, 2020
-------------------------------
They must be slowly accumulating Supermax ahead of inclusion to the MSCI Global Index.
Currently the best growth stock in Bursa.

Is A Safe COVID-19 Vaccine By 2021 Really Possible?
--------------------------------------------------
It typically takes 10 years to develop a vaccine that is safe and effective. But with countries from India to the US racing to find an answer to the coronavirus - like the closely-watched University of Oxford and AstraZeneca human vaccine trials - some are expecting a vaccine to be available for emergency use by end-2020 or next year. How much immunity will it really give? Will a fast-tracked vaccine be less safe?

Supermax- A Super Growth Stock
------------------------------------
Supermax Corporation Berhad - net profit jumped by a whopping of 27 times to RM399.62 million from RM15.06 million a year ago, marking its highest quarterly earnings to date.

Next Quarter PAT is projected at Rm800 million.

Bonus issue of 1 for 1. Ex date is on the 7th September.

Share dividend payout that entails one (1) treasury shares for every 45 ordinary shares held for FY2020, which is subjected to its proposed bonus issue.

Own Brand Manufacturing (OBM) cum distribution business will exhibit even healthier performance in coming quarter.

SUPERMX total production capacity to increase to 48.42 billion of gloves by FY2022.

Supermx will be included in the MSCI Global index on 1st September. Foreign funds will be accumulating at current attractive price.

Supermax- A Super Growth Stock
------------------------------------
Supermax Corporation Berhad - net profit jumped by a whopping of 27 times to RM399.62 million from RM15.06 million a year ago, marking its highest quarterly earnings to date.

Next Quarter PAT is projected at Rm800 million.

Bonus issue of 1 for 1. Ex date is on the 7th September.

Share dividend payout that entails one (1) treasury shares for every 45 ordinary shares held for FY2020, which is subjected to its proposed bonus issue.

Own Brand Manufacturing (OBM) cum distribution business will exhibit even healthier performance in coming quarter.

SUPERMX total production capacity to increase to 48.42 billion of gloves by FY2022.

Supermx will be included in the MSCI Global index on 1st September. Foreign funds will be accumulating at current attractive price.

GLOVES- The FUND'S GOLDEN GOOSE.

Covid 19 will be with us for a very long time and we have to live with it. This virus keeps mutating and this may render vaccines ineffective. Preventive measures is the only way to curb its spread and PPE's will be very much in demand. No matter how much the naysayers BASH GLOVES, the BIG 4, particularly SUPERMAX will be reporting exceptional profits for at least the next 4 quarters. Funds will not be able to resist Gloves as most sectors are virtually dead. However, it's not going to be a straight line rally, bouts of correction are needed for a run up. Yes the FUNDS just love gloves as their ability to manipulate its price movement present them a good opportunity to capitalise on it and in the process make tons. Will they kill the Golden Goose ? I certainly don't think so. Fortunately this play will go on for at least a year as it is in the their ( FUNDS) interest to drive up Glove stocks form time to time. For retailers, have an exit plan or rather TP. Have a pleasant Sunday !

@yttihs, Kindly add me to the private group. Thanks

This Poseidon guy is a delusional person who believes things that couldn't possibly be true. If you firmly believe that its is game over for gloves, you are, sadly, delusional. Delusional comes from a Latin word meaning "deceiving." So delusional thinking is kind of like deceiving yourself by believing outrageous things.

I doubt craninectomy ie a brain surgery will do the trick.

He urgently needs psychiatric help.

Any referrals, folks?

I agree with you JohnFarmer. These "gamblers" are also a nuisance in this forum.

Posted by JohnFarmer458 > Aug 14, 2020 11:13 PM | Report Abuse

With contra players out of the way , glove counters will be more stable with real long term investors. and the worse is over the russian vaccine is proven to be a farce, it was only tested on 37 people and the percentage of side effects is really high. imagine what happens when more people are being vaccinated with the russian vaccine we will be seeing more news about the side effects of the vaccine. so just stay and calm and hold things will just get better for glove stock because weak holders and contra players are out of the picture

Contra trade ban rumour sends rubber glove shares lower

TheEdge Fri, Aug 14, 2020


KUALA LUMPUR (Aug 14): Securities of rubber glove manufacturers including Supermax Corp Bhd, Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd closed down today among Bursa Malaysia top decliners on speculation certain stockbroking firms are banning contra transactions involving glove manufacturers' shares.

“There are rumours that certain brokers are banning contra transactions in glove stocks, which really curbed appetite,” Hong Leong Investment Bank Bhd senior analyst Ng Jun Sheng told theedgemarkets.com today.

Checks by theedgemarkets.com revealed that one stockbroking firm is scheduled to implement the glove share contra transaction ban on Monday (Aug 17). The stockbroking firm had requested anonymity as this report is written today.

Contra trade ban rumour sends rubber glove shares lower

TheEdge Fri, Aug 14, 2020


KUALA LUMPUR (Aug 14): Securities of rubber glove manufacturers including Supermax Corp Bhd, Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd closed down today among Bursa Malaysia top decliners on speculation certain stockbroking firms are banning contra transactions involving glove manufacturers' shares.

“There are rumours that certain brokers are banning contra transactions in glove stocks, which really curbed appetite,” Hong Leong Investment Bank Bhd senior analyst Ng Jun Sheng told theedgemarkets.com today.

Checks by theedgemarkets.com revealed that one stockbroking firm is scheduled to implement the glove share contra transaction ban on Monday (Aug 17). The stockbroking firm had requested anonymity as this report is written today.

Covid-19 Shaping Up to Be Battle for Years Even With Vaccine

By Drew Armstrong and Riley Griffin
August 14, 2020,

Vaccine for general public will take until well into next year .Goal is to make the pandemic ‘manageable,’ Novartis CEO says

The coronavirus pandemic is likely to be a challenge for years to come even with a vaccine, according to pharmaceutical and public-health experts.

While a vaccine will provide some measure of protection to societies around the globe, the virus is likely to flare up from time to time and be constantly battled, much like the flu and other pathogens.

“We know this virus is not going away any time soon. It’s established itself and is going to keep on transmitting wherever it’s able to do so,” Soumya Swaminathan, chief scientist for the World Health Organization, at the “How Covid-19 Is Reshaping the Global Healthcare Ecosystem” event hosted by Bloomberg Prognosis. “We know we have to live with this.”

Supermaxx will rise like a phoenix from the ashes and prove all the skeptics, naysayers and short sighted players wrong.
Serious investors always win big or rather to the max.
-----------------------------------------

Posted by Albukhary > Aug 14, 2020 2:12 PM | Report Abuse

supermax no longer max.
Its superior result cannot save the entire bursa.
Eveything back to normal

TeamRocket, without doubt u r the best entertainor in this forum.

Keep it up Bro !
------------------------------

Posted by TeamRocket > Aug 14, 2020 2:08 PM | Report Abuse

Plot twist, suddenly gdp increase!! The market all share shoot up!!! Lol!!!

According to bank negara the worse month was in April 2020. Nation has already started to slowly recover since then.

This GDP report is backwards looking, it is telling us of things that has already happen, 3 months ago. And the last 3 months, glove sector has been making a lot of money.

吉隆坡13日讯）全球指数供应商明晟（MSCI）最新公布的季度指数调整结果显示，大马股市在岸指数中，高产柅品（KOSSAN,7153,主板医疗保健组）和速柏玛（SUPERMX,7106,主板医疗保健组）入列，而怡保工程（IJM,3336,主板建筑组）则落榜。

明晟发表文告说，上述调整将从8月31日（周一）落实，并于9月1日（周二）生效。

手套股“四大天王”中的顶级手套（TOPGLOV,7113,主板医疗保健组）和贺特佳（HARTA,5168,主板医疗保健组）已列入MSCI大马指数。

高产柅品平盘
速柏玛涨60仙

周三大跌的高产柅品和速柏玛今日走势波动，闭市时高产柅品以平盘价15令吉10仙挂收；速柏玛涨60仙，至19令吉48仙。

顶级手套上升50仙，至25令吉；贺特佳也走高44仙，至16令吉56仙。

从指数中剔除的怡保工程跌13仙，至1令吉40仙

Posted by VolatileIsMyGold > Aug 14, 2020 8:15 AM | Report Abuse

so what's suddenly happened to him to have transformed him so drastically

Definitely the following news-
--------------------------------------
Supermax is among 18 companies worldwide, and one out of two companies in Malaysia, to be added to the MSCI Global Standard Indexes under MSCI Malaysia Index.

Supermax adopts the own brand manufacturing model whereby it makes, packages and markets its products under in-house brands.

“We currently export 55% of production under our own brands via our own distribution centres and 40% through independent distributors. The remaining 5% is for OEM production,” Supermax said in a statement.

Glad you agree its GOOD NEWS.
------------------
Posted by stockwinner > Aug 14, 2020 8:00 AM | Report Abuse

MSCI = Good news ma. GOOD NEWS, you know what to do. Last Monday also GOOD NEWS.

Supermax PAT of Q1, 2021 will be around RM 1.2 billions.

Lets us be more conservative and assume the Q2 - Q4, 2021 will have the same amount of PAT (RM1.2 billions), the 2021's PAT will hit around RM4.8 billions. In fact, the ASP will keep on increasing until December of 2021 which is not considered in the estimation.

Thus, EPS of 2021 will be around RM 3.53.

PE 20 = RM 70.59
PE 25 = RM 88.25
PE 30 = RM 105.90

Since Supermax will be included in MSCI started 1st of September, 2020, does the massive correction of the share price currently indicate a fantastic precious time for a midterm investor?

Glove stocks= biggest trap ridiculously overpriced ?
-----------------
Research first before you open your trap Bro

Far from it, its the most valuable share in the Bursa now.

Sustaining Profit for Supermax
--------------------------------
Super will increase caps by 85% by 2022 and while maintaning post covid of ASP USD 100. Super will still be able to acchieve the growing quarterly profit into the forseeable future. Do not forget even without covid. the gloves market is already growing by 10% annually. With 2 x Capacity and Full OBM-X streamlined margin .Super is in the best position to be in a unforseen growth mode.

SCENARIO 1

PE 20. RM759 MILLION PROFIT

Base on pat 400M to 759M.

749/400 = 24.20 x1.87 =TP 45.00 (ex-bonus TP 22.50)



SCENARIO 2

PE 20 . RM1.025 BILLION PROFIT

Base on pat 400M to 1025M

1025/400 = 24.20 x2.56 =TP 65.60 (ex-bonus TP 32.80)

Supermax Corp Bhd will be included in the MSCI index with effect from 1st September 2020.
-------------------------------
MSCI or Morgan Stanley Capital International is used as :

1- A common benchmark for 'world' or 'global' stock funds intended to represent a broad cross-section of global markets.

2- The index includes a collection of stocks of all the developed markets in the world, as defined by MSCI

3-Represents the performance of small- to large-cap stocks from 23 developed and 24 emerging markets. As of April 2019, the index tracks 2,700 stocks of which the top five by market capitalization are Apple, Microsoft, Amazon, MSCI India ETF, and Facebook.

SUCB will definitely be under the radar of foreign & local funds-

What a massive boost for SUCB's valuation.

TP of RM30 shouldn't be a problem Najib. Just be patient ya Bro.

Posted by Najib Zamry > Aug 13, 2020 1:43 PM | Report Abuse

Bought another 20,000 shares Supermax at RM19.40 this morning. Target RM30.00!!!!!!! my average cost for Supermax is RM13.00 now.