fuel price USD79.33 Brent Crude,fuel cost very expensive. How Airasia ?

MC,How much short sellers can make depends on how fast the share will go up. Only half way for them now,that is why they have to short till as low as possible. The other half is to buy back.

niet,if price goes up too fast JPM cannot buy back at a low price. That was why shorted 17m.when it went up too fast,they have to bring the price down to buy back again.

niet, I appreciate your infor

forward 11 minutes into the video pjseow

pjseow, https://www.youtube.com/watch?v=Hho5rCGZqAQ

https://www.nst.com.my/news/nation/2021/02/664664/give-retailers-adequate-time-get-disposable-gloves

freetospeak,you are under estimating the future qtrs.profits. More like around 400 mil. per qtr. bcos of the increase in production vol.of glove,contact lens contribution and ppe.

APLI is located in Tasik,Ipoh.

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/11/01/s-korea-bird-flu-threat-returns-to-haunt-poultry-farmers

Result out

Even hospitals in Sabah do not have a lot of glove stocks

https://www.malaymail.com/news/malaysia/2020/10/13/sabahs-covid-19-ppe-facility-supply-levels-from-three-days-of-n95-masks-in/1912171

freetospeak,noted. Thank you.

freetospeak,current forward PE for YE21 is more like around 15 now at 9.60.

Topglove worth around 10 ringgit.

Supermax should be listed in Hong Kong and Singapore.

Vaccines, another business opportunity for Supermax

https://klse.i3investor.com/blogs/thinking/2020-09-13-story-h1513469030-Food_for_thought_2.jsp

https://klse.i3investor.com/blogs/thinking/2020-09-13-story-h1513469030-Food_for_thought_2.jsp One more business opportunity for Supermax.

https://klse.i3investor.com/blogs/thinking/2020-09-13-story-h1513469030-Food_for_thought_2.jsp

https://klse.i3investor.com/blogs/thinking/2020-09-13-story-h1513469030-Food_for_thought_2.jsp

Qtr1 and 2 net profit will be around 600 mil. each qtr.

Let's hope Supermax can release qtr. result next month. They have done it before,results out in July,hope they can do it again. Or release it early August. Hope the market will give it a PE of around 22 for the FYE 2021. Once normalize,PE should be around 20 for the FYE 2023. I shall be happy with these valuation. (Use EPS for the year ended 2021 to compute the share price).

fca70jia,high 5 is not me.

It is one thing to ask investors to sell at around 9.00 ringgit but to keep asking investors to sell at below 8.00 ringgit is foolish. Any price below 8.00,investors should buy instead of selling. Freetospeak has provided all the infor. Topglove results have reconfirmed freetospeak calculation but still investors lack confidence. Price below 8.00 is a strong buy for investors. It is an investment. Asking investors to sell at below 8.00 ringgit is irresponsible. Fortunately most investors in this forum is smart enough to hold for a longer time period instead of panicking.

Money is coming in left,right and center. A special is more likely. Supermax can afford to write off the treasury shares.

Supermax can cancelled all the treasury shares. EPS will improve once cancelled. Share price can increase with a better EPS and fewer shares in the market.

Banks are behaving like pawn shops now. If you want to pawn your shares,of course it will be at a lower price,just like pawning gold to pawn shops to borrow money.

I have given up predicting how much the profit will be. There are too many variables to predict accurately. Only one thing I know is,it is going to be an extra ordinary profitable year for Supermax. Unbelievable to many.

You guys did not take into account the big switch from latex to nitrile gloves. Nitrile gloves are much more profitable as pointed out by KYY when he commented about Comfort.

freetospeak,Directors certainly don't risk buying one day before results are released. Timing is important.

“In addition, all our new production lines are interchangeable, where we will be able to adjust the production quantity of our natural rubber gloves and nitrile gloves based on the market demand,” it said.
Extract from Supermax,29th. November.2019.

Directors have to buy after results were released. If not it is insider trading. Criminal offence.

https://www.google.com/search?q=books+on+how+to+value+a+business&sxsrf=ALeKk00tyHq297y40FDW6EHpqYiVVqizCQ:1590643959933&source=univ&tbm=shop&tbo=u&sa=X&ved=2ahUKEwjuksjB6tXpAhX1ILcAHfW0Dl4Qsxh6BAgNECw
Here is a list of books for those who need to learn how to value a business. Read before you invest.

freetospeak,you are providing infor. for investors. Investors should not be lazy,if they want to make money,they have to verify what you have provided are accurate infor. or not. Please look at my one and only blog posted on 1.9.2018. on Supermax. I decided to buy based on the infor. that was available to me despite Kenanga giving a sell call.

freetospeak,I know you deliberately under estimated. Everyone finds it hard to believe. I am using the infor. that is available to me. Have confident in your calculations. Don't worry about what others think or say. Just base your calculation on the available facts. The market will determine the PE and the share price worth buying into. You cannot do anything about it. It is out of your control. You are providing and sharing infor. That is what this forum is about. I do thank you for sharing.

Don,t under estimate the effect on profit from the increase in production vol. and asp.

Profit will be around the 100 mil. mark in the next qtr. 100 x 4 = 400 mi. divide by 1,300 mil sh. = 30 cents EPS.

freetospeak,you are actually combining business sense and fundamental analysis. Unlike some investors who only look at TA. Someone was making fun of my future estimation of the EPS of 20 cents. Now i have to revise my forward EPS to 30 cents minimum. 40 cents is possible.

freetospeak,inventories are new batches. Last year stock sold already.

freetospeak,very soon Supermax will be debts free as well if they want to. Short term borowing was 353.728 mil. long term was 70.166 mil. Supermax will be able to save interest on 423.728 mil. Once Supermax is cash rich which will happen sooner or later,it will be able to increase dividend paid to shareholders.

That is the reason why Topglove's boss bought 800,000 shares on 21st.April.

freetospeak,you did not take into account gain in the exchange rate. Future PE will drop back to around 20 because the rate of increase in profit will not be like now. It will eventually normalize. Base on the EPS that you have calculated,30 cents,6.00 ringgit for the share is more likely but need to wait until February,2021. I hope it will reach 4.50 ringgit by end of November,2020. I shall be very happy when the EPS is 20 cents after four qtrs. Supermax is earning abnormal profit now but please don't be carried away as the rate of increase in profit will not always remain the same to justify a PE of 30,unlike Harta and Topglove. Supermax is always price at a discount to these 2 companies. i like your calculations.

Looking at EPS alone is like looking at half the picture. The other half of the picture is the price of the share. That is why you look at PE ratio. You compare the PE ratios over time. What is the future PE going to be,that is more important. By the way,i did not say FY20 EPS will be 20 cents. It is for the next four qtrs. I am sorry if some of you don't understand what is a back of envelope calculation.

Forget about past eps,it is the future eps that is important.

The above explains the decline in eps. Look at the numbers of times bonus issues were done.

Date Ex-Date Entitlement
Date Transfer
Date Type Ratio Right Issue
Price Details
30 Oct 2019 06 Dec 2019 09 Dec 2019 09 Dec 2019 Final Dividend 1 : 65 0.000 Malaysia Stock - Bonus/Rights Issue
19 Dec 2018 03 Jan 2019 07 Jan 2019 07 Jan 2019 Bonus Issue 1 : 1 Malaysia Stock - Bonus/Rights Issue
12 Jan 2012 26 Jan 2012 30 Jan 2012 30 Jan 2012 Bonus Issue 1 : 1 Malaysia Stock - Bonus/Rights Issue
03 Jun 2010 16 Jun 2010 18 Jun 2010 18 Jun 2010 Bonus Issue 1 : 4 Malaysia Stock - Bonus/Rights Issue
06 Mar 2007 16 Mar 2007 20 Mar 2007 20 Mar 2007 Others 2 : 1 Malaysia Stock - Bonus/Rights Issue

Eps is lower because of share split,1 for 1.

All stocks have turned into cash. That is where the money is coming from.