Superinvester

Superinvester | Joined since 2013-12-18

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2020-07-20 19:54 | Report Abuse

from Kyy blog

I refer to the above report, total issued number of shares is 1,360 million.

The 3rd quarter ending 31 March 2020, revenue/sale Rm 447 million, PBT Rm 95 million and PAT Rm 71 million. The production cost is revenue Rm 447 million minus PBT Rm 95 million = Rm 352 million and average selling price (ASP) is US$ 60.

As shown on Supermax’ briefing page 13 above, ASP for the 4th quarter ending June 2020, the selling price was increased from US$60 to US$ 160, an increase of US$100 which is pure profit because the additional selling price does not involve production cost.

The 4th quarter ending June 2020, the production cost Rm 352 million divided by 60 X 160 = Rm 939 million which is the revenue/sale minus Rm 352 production cost = Rm 587 million which is pure PBT or PAT Rm 410 million.

I refer to the table above. The total PAT for 1st quarter Rm 24,747 million, 2nd quarter Rm 30,165 million and 3th quarter Rm 71,065 million. As I calculated, the 4th quarter PAT is Rm 410 million.

The total profit before tax (PAT) for the year ending June 2020 is Rm 536 million.

EPS Rm 536 million divided by total issued share 1,360 million = 40 sen.

Based on P/E 25 my current target price is Rm 15.00.

I want to be very safe and conservative in calculating my Target price. I assume the company does not have additional production and it does not increase its selling price for the next financial year ending June 2021, its annual profit will be 4 X 4th quarter PAT Rm 410 million = Rm 1,640 million.

EPS Rm 1,640 million divided by 1,360 total issued shares =Rm 1.21.

Based on P/E 25 my target price will be Rm 30.25.

Based on P/E 20 my target price will be Rm 24.20 which is easily achievable.

Stock

2020-07-20 19:52 | Report Abuse

FROM KOON YEW YIN BLOG


I refer to the above report, total issued number of shares is 1,360 million.

The 3rd quarter ending 31 March 2020, revenue/sale Rm 447 million, PBT Rm 95 million and PAT Rm 71 million. The production cost is revenue Rm 447 million minus PBT Rm 95 million = Rm 352 million and average selling price (ASP) is US$ 60.

As shown on Supermax’ briefing page 13 above, ASP for the 4th quarter ending June 2020, the selling price was increased from US$60 to US$ 160, an increase of US$100 which is pure profit because the additional selling price does not involve production cost.

The 4th quarter ending June 2020, the production cost Rm 352 million divided by 60 X 160 = Rm 939 million which is the revenue/sale minus Rm 352 production cost = Rm 587 million which is pure PBT or PAT Rm 410 million.

I refer to the table above. The total PAT for 1st quarter Rm 24,747 million, 2nd quarter Rm 30,165 million and 3th quarter Rm 71,065 million. As I calculated, the 4th quarter PAT is Rm 410 million.

The total profit before tax (PAT) for the year ending June 2020 is Rm 536 million.

EPS Rm 536 million divided by total issued share 1,360 million = 40 sen.

Based on P/E 25 my current target price is Rm 15.00.

I want to be very safe and conservative in calculating my Target price. I assume the company does not have additional production and it does not increase its selling price for the next financial year ending June 2021, its annual profit will be 4 X 4th quarter PAT Rm 410 million = Rm 1,640 million.

EPS Rm 1,640 million divided by 1,360 total issued shares =Rm 1.21.

Based on P/E 25 my target price will be Rm 30.25.

Based on P/E 20 my target price will be Rm 24.20 which is easily achievable.

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2020-07-20 19:35 | Report Abuse

report the stupid Kyy page , in the public rules cant call buy & sell .

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2020-07-20 19:27 | Report Abuse

This Kyy i think old already brains got problem now , can some 1 report him ? in public can call buy call sell? like like will effect all those investors

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2020-07-20 15:11 | Report Abuse

Teamrocket u notyet die?

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2020-07-19 22:40 | Report Abuse

Hold tight till QR out u will surprise, TP25

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2020-07-17 23:26 | Report Abuse

Last time topglove also have give out share to worker like harta today announcement, after that top glove share price keep fly

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2020-07-17 22:40 | Report Abuse

monday harta confirm rocket

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2020-07-17 21:18 | Report Abuse

All bising bising who strong for what ? Just buy Big4 la

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2020-07-17 19:54 | Report Abuse

Singapore topglove share up 15.8%

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2020-07-17 12:04 | Report Abuse

Supermax potong harta

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2020-07-17 09:51 | Report Abuse

Foreign fund keep Buying , which ikan bilis selling sure cry

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2020-07-16 20:30 | Report Abuse

This is why bursa freeze At 3.30pm today when topglove start trading , if top glove crash , All counter will Bleed too

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2020-07-16 20:29 | Report Abuse

early morning i cut all , will come back next week

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2020-07-16 20:28 | Report Abuse

Sohai , if tomorrow Top glove down , All glove will down too , KLCI also down , dont be stupid , Glove counter will not up for now

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2020-07-16 15:50 | Report Abuse

U all know , If topglove DOWN, all glove will kena pull down , KLCI will down , than All share counter will down , KLCI WILL BLEED , so must freeze it

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2020-07-16 15:45 | Report Abuse

If bursa no freeze , All counter down , all Die

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2020-07-16 15:35 | Report Abuse

Is Bursa Time stop

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2020-07-16 15:21 | Report Abuse

Glove counter mega sales

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2020-07-16 12:13 | Report Abuse

my friend working in some IB , get some news , “Shark continue eat “

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2020-07-16 12:09 | Report Abuse

my friend working in some IB , get some news , “Shark continue eat “

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2020-07-16 11:32 | Report Abuse

Shark eating ikan bilis only , u will see fly future to the sky

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2020-07-16 11:10 | Report Abuse

Harta coming QR profit crazy 800-900ml

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2020-07-15 21:35 | Report Abuse

already screenshot all & track your ID , will report Fake news reporting mailing to UOB & police


Apple1234 Dear all

Furtherance to the existing control measures implemented on glove stocks, the Company shall further tighten the policy for limit computation for glove stocks wef *16.07.2020*:

1. Collaterised account - 35% discount or _cap price_ of the glove stock collateral, whichever lower;

2. Normal account - clean limit of RM 100k for marginable glove stock and RM 50k for NM2/ NM3. Any excess must be covered by 1x cash and 1x marginable share.

3. Margin accounts: control measure is in placed based on _35% discount or cap price of the glove stock collateral_ and also subjected to existing inhouse haircut by stock category.

4. Call/Put warrant of glove stock have to be cash upfront or supported by sufficient cash collateral

No temp limit shall be given to purchase glove stocks, including Issuers warrant and structured warrant, if above policies are not complied with.
Nevertheless, should you need special discretion approval for your clients who are with strong financial standing, you may submit the request to ED (Mr David Lim and Mr Cheng)/ COO (Loo Chye Seong) for considerations.
15/07/2020 8:44 PM

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2020-07-15 21:20 | Report Abuse

Apple1234 last week u always at Kossan page talk shit spoiled kossan & promote supermax , now disappear in supermax page , come to topglove SKL ? how much u lose in this 2day ? hahaha

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2020-07-15 21:15 | Report Abuse

Apple1234
where the UOB report ? show it , u before always positive talk in glove stock ,
now negative talk in glove stock ,
i think u already Cut glove share let shark filter out
Lost all money ?

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2020-07-15 21:08 | Report Abuse

U think result out will fly ? u all can remember when topglove result out after dinner T-O RM18 but Drop like shit , i have 60% share in top glove last time . this is Shark game must play smart

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2020-07-15 09:48 | Report Abuse

All change to Dpharma & pharma

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2020-07-14 17:08 | Report Abuse

Kossan standing like a boss

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2020-07-14 16:07 | Report Abuse

see top glove up so much now drop alot , but harta slow and steady

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2020-07-14 15:35 | Report Abuse

now filter all those noob go out la

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2020-07-14 11:05 | Report Abuse

Harta is biggest ship , slow and steady

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2020-07-14 10:38 | Report Abuse

Now supermax & topglove is time to rest , Other glove counter Fly

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2020-07-14 10:33 | Report Abuse

will go to RM21 Near by topglv

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2020-07-14 10:21 | Report Abuse

Rabbit is wake up now

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2020-07-14 09:29 | Report Abuse

Which stupid selling

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2020-07-14 07:58 | Report Abuse

i have Harta supermax & topglv share , just telling the true

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2020-07-14 07:35 | Report Abuse

Harta Next QR result is Crazy more than supermax X3 times more , Just wait & see , dont ask me how i know

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2020-07-14 00:09 | Report Abuse

Fake news alot , just sell it come to harta

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2020-07-13 23:07 | Report Abuse

Harta Have crazy QR report i think will win Top glove

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2020-07-13 18:05 | Report Abuse

Just change boat come to Harta , Topglv & supermax Fly so high already, Next is Harta Fly