Vaccine news have already been priced in all the while

otherwise Supermax will not be as low PE as current level

1. Some worries ASP increasing is not sustainable for OBM-X Supermax

then why you think ASP increasing is sustainable for OEM Harta, Kossan & Topglov and value them such high PE??


• In fact, after a few years of higher ASP consumers will be conditioned to the new norm prices already.
I have never seen my favorite Teh C Gao price goes down after its ASP gone up and up.


2. Some say Post-COVID, the customers (the Distributors/Dealers aka the middlemen) will abandon Supermax

Hey, hello, Hello, wei, Supermax OBM-X business model own brand Own Distribution Network ok??

Eliminated all the middlemen take all the profits ok??

Directly supply to end customers ok??

Supermax even build Glove factories in US and UK supply to local governments Hospitals clinics ok??
Supermax has already supplied Millions of Facemasks to Canada government, will contribute profit to next QR ok??

OEM business model Harta PE = 62 Absurdly High
OEM business model Kossan PE = 63 Damn Expensive

OBM-X business model Supermax PE = 20 Ridiculous Low, less than 1/3 of Harta/Kossan

If the Market less blind fairer values Supermax higher at ### only Half of Harta/Kossan ###

then 31 / 20 x RM 9.78 = *** RM 15.16 ***

1. The Higher The Better:

a. Earnings Per Share (EPS)
Supermax 30.58 sen
Harta 15.95 sen
30.58 / 15.95 = 192% Supermax is Higher *** Double of Harta ***

b. Net Profit Margin
Supermax 60.07%
Harta 40.84%
60.07% / 40.84% = 147% Supermax is Higher *** 1.5 Times of Harta ***

c. Profit After Tax
Supermax RM 812 Million
Harta RM 549 Million
RM 812 Million / RM 549 Million = 148% Supermax is Higher *** 1.5 Times of Harta ***

d. Net Cash On Hand
Supermax RM 2.36 Billion
Harta RM 1.65 Billion
RM 2.36 Billion / RM 1.65 Billion = 143% Supermax is Higher *** 1.5 Times of Harta ***



2. The Lower The Better:

a. Number of Shares
Supermax 2,721 Million
Harta 3,428 Million
2,721 Million / 3,428 Million = 79% Supermax is Lower than Harta

b. Trade Receivables
Supermax RM 248.4 Million
Harta RM 575.6 Million
RM 248.4 Million / RM 575.6 Million = 43% Supermax is Lower than Harta



Therefore,

Harta Market Cap / Supermax Number of Shares

= RM 62,382 Million / 2,721 Million Shares

= *** RM 22.92 *** is the Fair Value for Supermax

Medical gloves are now five times more expensive

Medical gloves are now five times more expensive

Medical gloves are now five times more expensive

Growing concern over shortage of medical gloves amid pandemic


https://www.nbcnews.com/nightly-news/video/growing-concern-over-shortage-of-medical-gloves-amid-pandemic-94964293524


$1 million worth of gloves were stolen from a Florida warehouse this week. Medical gloves in South Dakota are now five times more expensive, as public health officials fear a looming shortage.

global shortfall of more than 200 billion

global shortfall of more than 200 billion

global shortfall of more than 200 billion

Trump admin is 'woefully behind' in stockpiling medical gloves as Covid-19 surges


https://www.nbcnews.com/politics/politics-news/trump-admin-woefully-behind-stockpiling-medical-gloves-covid-19-surges-n1245298


Nitrile gloves are critical for frontline medical workers, but experts say the U.S. is poorly positioned to get ahead of a global shortfall of more than 200 billion.

US Covid-19 cases exceed 100,000 for third day, Biden announces virus task force

https://www.straitstimes.com/world/united-states/us-covid-19-cases-exceed-100000-for-third-day-president-elect-joe-biden-plans-12

WASHINGTON (BLOOMBERG) - The number of coronavirus cases in the United States rose by more than 100,000 for the third day in a row on Saturday (Nov 7), as Covid-19 continues its aggressive escalation around the nation.

NOVEMBER 8, 20209:32 PMUPDATED 34 MINUTES AGO

Global coronavirus cases exceed 50 million after 30-day spike


https://www.reuters.com/article/us-health-coronavirus-global-cases/global-coronavirus-cases-exceed-50-million-after-30-day-spike-idUSKBN27O0IM

Glove save Life, don't twist don't be denial.
Take your action now invest in glove is the least you can do now.

We are investing our money into a life saver product , without which many frontliners will die, leaving no one to save the rest of the sick population. Only a germ finder will have problem with gloves , bcos the germ cannot get through the glove.

Dont have to wish for more cases, its a reality that cases are accelerating across the world..gloves are a necessity in treating the wounded

How can anyone say that doctors are evil since their jobs are dependent on sick people only

There is no moral dilemma investing in glove companies

we Asian follow SOP wash hand wear mask social distancing we care of others.

Ang Mo selfish don't like wear mask never follow SOP infection cases everyday go up blame who ? we didn't bring virus to them, we just stay at home and watch !

Entering KLCI Index Stock is another Important great Milestone for Supermax

Do you think Stanley will let Supermax go down in the next two weeks??

Supermax sure go up all the way to AGM



SUPERMAX CORPORATION BERHAD
Notice of Twenty-Third Annual General Meeting
Date of Meeting 02 Dec 2020
Time 10:00 AM

SUPERMAX Share Dividend 1 / 45 = 2.2222%

Higher than Banks FD <= 1.7%

Higher than Harta dividend 0.5385% only
(3.85+2.10+2.05+1.80)/100/ 18.20=0.5385%

Higher than Topglov dividend 1.3922% only
(0+0+10.00/3+8.50)/100/8.50=1.3922%



As long as you owned or bought Supermax mother shares by end of 4 Dec 2020 (Friday) then you are entitled


SUPERMAX CORPORATION BERHAD
Entitlement subject Share Dividend
Final dividend via share dividend distribution on the basis of one (1) treasury share for every forty-five (45) existing ordinary shares held in the Company in respect of the financial year ended 30 June 2020.
Ex-Date 07 Dec 2020
Entitlement date 08 Dec 2020

Ok ok

We already knew

Due to Supermax’s Unbelievable too good to be true Stellar performance

Despite Supermax
The Highest EPS among the Big 4 → Double!! of Topglov & Harta
Phenomenal Profit After Tax Margin → 60.07%!!! (PBT Margin 77.6%!!!) The Highest among the Big 4
The Highest Net Cash among the Big 4 → RM2.36 Billion!!!
Exponential Growth!!! and Strategic Expansion Plans into Canada, US and UK!!! Super Bright Prospects!!!

but Market undervalues Supermax at such Ridiculous Low PE = 20

Harta PE = 62 Absurdly High
Kossan PE = 63 Damn Expensive
Topglov PE = 37 Double of Supermax


Obviously market values the other big 3 Forward (taken into account future PAT not yet reported) considered all the good factors

but the Market is Double Standard, Biased against Supermax and values it Backward (taken into account only the PAT Supermax ALREADY reported) ignored all the good factors


Ok never mind, we accept this Unfair valuation for a moment

Backward 4 quarters = 30 (Oct’19-Dec’19) + 71 (Jan-Mar) + 400 (Apr-Jun) + 790 (Jul-Sep) = RM 1,290 Million PAT

By end of December (October has accomplished)
<Assuming no further ASP increase, No production increase, No Facemask and other PPE income, No KLCI inclusion, etc.>

then Backward 4 quarters = 71 (Jan-Mar) + 400 (Apr-Jun) + 790 (Jul-Sep) + <790> (Oct-Dec) = RM 2,050 Million PAT

PAT RM 2,050 Million / PAT RM 1,290 Million x RM 9.78 = ***** RM 15.54 ***** to keep Supermax at such Ridiculous Low PE = 20

Even if 3 months later Market is still Blind, still Biased, still Unfair, still Undervalue SUPERMAX

The last time I was expecting Coronavirus cases will hit 50 Million by end of the year

But Today, as Joe Biden is elected the 46th President of USA, it’s already hit more than 50 Million cases worldwide!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Almost 2 months earlier than expected

OMG!!! VERY FIERCE VIRUS!! SO SCARY!!!



https://www.worldometers.info/coronavirus/#countries

Coronavirus Cases:
50,387,910

Deaths:
1,258,175

It’s not even Winter yet! This is going to be a very Cold DARK Winter



Joe Biden will only take White House office formally on 20 January 2021 that he many not be able to do anything significant until then, by then could be over 100 Million cases already…

No.___Stock______Profit After Tax______NP Margin___EPS___T4Q P/E___Last Price
***********************************************************************
1___GREATEC_____RM 17.6 Million_____31.36%______2.82___ 79 ______RM 8.45
2___VITROX______RM 29.7 Million_____24.01%______6.30___ 77 ______RM 15.02
3___UWC________ RM 18.6 Million____30.37%______3.39___ 70 ______RM 7.31
4___INARI________RM 36.1 Million____15.49%______1.09___ 56 ______RM 2.68
5___MI__________RM 12.2 Million____19.01%______1.64___ 55 ______RM 4.3
6___PENTA_______RM 24.8 Million____23.52%______2.11___ 52 ______RM 5.2
7___FRONTKN____RM 23 Million______24.26%______2.04___ 50 ______RM 3.64
8___FPGROUP____RM 4.3 Million_____34.57%______0.78___ 37 ______RM 1.1
9___DUFU_______RM 12.8 Million____16.86%______2.50___ 35 ______RM 3.38
10___MPI________RM 55.6 Million____13.71%______25.73___ 33 ____RM 23.78
======================================================================
Total:____________RM 234.8 Million
======================================================================

Supermax the latest quarterly result Profit After Tax RM 812.5 Million

RM 812.5 Million / RM 234.8 Million = 3.5 times!!! of the total sum of those 10 Overvalued tech stocks

You accept 33 – 79 high PE for these Overvalued tech stocks with lower profit cloudy outlook

Yet you Undervalue Supermax record high profit after record high profit with strong earning visibility at PE as low as 20?!!

Supermax fair value TODAY should be at least PE 30 that 30 / 20 x RM 9.78 = *** RM 14.68 ***




Short term target price by end of this year = Rm 18.30

Mid term target price by middle of next year = Rm 26.00

Each rubbish word trolls type EVERY MINUTE trolls are trolling, Supermax is ALREADY making ≥ RM 8K to 10K for loyal shareholders

Supermax is ALREADY earning ≥ PAT Half a Million ringgit EVERY HOUR while you’re trolling

Supermax is ALREADY making ≥ Profit After Tax RM 10 – 15 Million EVERYDAY while you’re trolling

Uncle KYY short term target price by end of this year = Rm 18.30

Mid term target price by middle of next year = Rm 26.00

Supermax share price and demand for gloves should spike up in tandem - Koon Yew Yin

Author: Koon Yew Yin | Publish date: Sat, 7 Nov 2020, 9:09 PM

https://klse.i3investor.com/blogs/koonyewyinblog/2020-11-07-story-h1535685559-Supermax_share_price_and_demand_for_gloves_should_spike_up_in_tandem_Ko.jsp


As I mentioned earlier, Supermax’s 1st quarter EPS was 30.58 sen. Even if you assumed that the

company could not increase its selling price, the total EPS for 4 quarters will be 30.58 sen X 4 =

Rm 1.22 for the year. Based on P/E 15 the share price should be Rm 18.30 per share.

All investors should know that Supermax can easily increase its average selling price due to the

surge in demand for gloves. Moreover, Supermax has its own brand and sale outlets in many cities

in US, Europe and in many other countries.

Supermax share price and demand for gloves should spike up in tandem

Even uncle KYY also know how to appreciate Supermax, much better than those low class lousy “analysts”

Supermax: my revised target price - Koon Yew Yin

Publish date: Wed, 28 Oct 2020, 9:04 AM

https://klse.i3investor.com/blogs/koonyewyinblog/2020-10-28-story-h1535506589-Supermax_my_revised_target_price_Koon_Yew_Yin.jsp


In view of its latest announcement I need to revise my target price.

Total EPS Rm 1.736 for the year. Based on P/E 15, my target price is Rm 26.00.

I believe my target price of Rm 26 is achievable

because my assumption of its 25% increase in quarterly profit is quite conservative.

TheEdge Sat, Nov 07, 2020 12:48pm - 1 day ago

KUALA LUMPUR (Nov 7): Malaysian glove makers are the key winners in Budget 2021 due to the absence of a windfall tax imposed by the government, according to CGS-CIMB Research.

https://www.theedgemarkets.com/article/glove-makers-bat-malaysia-contractors-key-winners-budget-2021-says-cgscimb#:~:text=KUALA%20LUMPUR%20(Nov%207)%3A,according%20to%20CGS%2DCIMB%20Research.

TheEdge Fri, Nov 06, 2020 11:56pm - 1 day ago

Here are the winners and losers from Malaysia’s Budget 2021

https://www.theedgemarkets.com/article/here-are-winners-and-losers-malaysias-budget-2021

WINNERS
Glove makers
Malaysia’s biggest rubber glove producers — Top Glove Corp, Hartalega Holdings Bhd, Supermax Corp and Kossan Rubber Industries — were spared a windfall tax on their supernormal profits. Instead, they will contribute a combined 400 million ringgit to bear some of the costs of a coronavirus vaccine and health equipment.

Fair Value by January RM 18.00

Note:

SUPERMAX will be included in KLCI index by December. It is grossly underowned by major fund as compared to TOPGLOVE and HARTALEGA.

Supermax current PE is only 20 if compared to HARTA 62 and TOPGLOVE 37.

Supermax PE will be around 11 (base on current price of 9.70) by next QTR result to be annouced in JAN after it is KLCI indexed in Dec. The 5 yrs mean for KLCI indexed Glove stock should be more than 20. More fund will be rebalancing their portfolio to include Supermax into their investment.

By January, after the Qtr 2 result. The trailing PE :

QTR 2 1.1 bil (est) eps = 41 sen
QTR 1 30.58
QTR 4 15.29
QTR 3 2.71
Total 89.58 sen

PE = 9.78/0.8958 = 10.9
PE 20 = rm18.00 Market caps = 48 billion (78% of Harta Caps)


A Forward PE 20 (by Jan QTR 2) for Supermax will put it in 78% of HARTA current market cap which is quite resaonable since both Harta and Supermax have similiar Share base, future Profit, similiar production capacity by 2022. Supermax had adopted the OBM-X ( link below). Supermax will be the highest profit margin (60%) company in the KLCI since it has 98% OBM sales which is unparalled in the industry.

We believe Supermax market caps with its leading peers will be closing and be on par as the abovementioned pointers being accomplished. Potentially reaching a 40 bil (RM15.00) to 50 bil(RM18.50) market caps as compared to current valuation of HARTA 62 bil and TG 70bil.

SUPERMAX - EVOLVING GLOBALLY !!!
Author: freetospeak | Publish date: Sun, 8 Nov 2020, 10:10 AM

https://klse.i3investor.com/blogs/freetospeak/2020-11-08-story-h1535513315-SUPERMAX_EVOLVING_GLOBALLY.jsp



Far-sighted Superb Insightful Analysis

Excellent! WONDERFUL!!!

Top Supermax SIFU

100 times more superior than those Biased unfair Conflict of interest Double standard Low class Lousy “analysts”

Far-sighted Superb Insightful Analysis

Excellent! WONDERFUL!!!

Top Supermax SIFU

100 times more superior than those Biased unfair Conflict of interest Double standard Low class Lousy “analysts”

Yes, the more you give for good cause, the more good things will come back to you

The opposite is the same

Maybe not today, perhaps not tomorrow, but sooner or later, it’ll come

It’s the Law of Universe

Ok ok

Let’s exchange

Harta gives its Market Cap to Supermax

Supermax gives its PAT to Harta

Supermax Market Cap 26,608 Million donates 75m

Topglov Market Cap 69,646 Million / 26,608 Million x 75m = 196m
donates 185m acceptable

Harta Market Cap 62,382 Million / 26,608 Million x 75m = 176m
donates 90m shame on you

Kossan Market Cap 19,158 Million / 26,608 Million x 75m = 54m
donates 50m acceptable

Total 400 - 185 Topglov - 90 Harta - Supermax 75 = Kossan 50

November 06, 2020 20:19 pm +08

https://www.theedgemarkets.com/article/top-glove-hartalega-and-supermax-confirm-donations-govts-rm400-mil-covid19-fund


Meanwhile, Hartalega said in a statement that it will be contributing RM90 million to the fund.

November 06, 2020 19:38 pm +08

Supermax donates RM75m to govt's Covid-19 fund to help fight pandemic

https://www.theedgemarkets.com/article/supermax-donates-rm75m-govts-covid19-fund-help-fight-pandemic

KUALA LUMPUR (Nov 6): Supermax Corp Bhd has said it is donating RM75 million to the government's Covid-19 fund to help the country combat the coronavirus.

The glove maker confirmed this when contacted by The Edge, following Finance Minister Tengku Datuk Seri Zafrul Aziz's announcement in his Budget 2021 speech today that four glove companies had expressed their commitment to contributing RM400 million to combat Covid-19.

The money will cover part of the cost of vaccines and health equipment expenses, the minister said.

Besides Supermax, the other three companies are Top Glove Corp Bhd, Hartalega Holdings Bhd, and Kossan Rubber Industries Bhd.

Earlier, Top Glove said it will be giving RM185 million to the government as part of its contribution to fight Covid-19.

Whatever their Nonsense craps Regardless how much Noise lies

Next Monday RM 9.78 + 30% = RM 12.70

Next Tuesday RM 12.70 + 30% = RM 16.50

It is great honour to donate 100m to our country

Happy to donate 100m every year for the next 10 years
since Supermax will make 4b – 6b every year for the next 10 years
as Effective and Safe vaccine usually takes 10 years to develop and often never found

November 06, 2020 18:51 pm +08

Top Glove to give RM185m to govt to fight Covid-19

https://www.theedgemarkets.com/article/top-glove-give-rm185m-govt-fight-covid19

KUALA LUMPUR (Nov 6): Top Glove Corp Bhd will be giving RM185 million to the government as part of its contribution to help the country combat the Covid-19 virus.

The glove maker confirmed this when contacted by The Edge, following Finance Minister Tengku Datuk Seri Zafrul Aziz's announcement in his Budget 2021 speech today that four glove companies had expressed their commitment to contributing RM400 million to combat Covid-19.

The money will cover part of the cost of vaccines and health equipment expenses, the minister said.

The companies are Top Glove, Hartalega Holdings Bhd, Supermax Corp Bhd, and Kossan Rubber Industries Bhd.

Warren Buffett says he never tries to ‘time’ stocks

Warren Buffett says market predictions can distract investors from making good stock purchases.

Warren Buffett believes trying to time the market is a waste of time and hazardous to investment success.

Buffett said. “If we’re right about a business, if we think a business is attractive, it would be very foolish for us to not take action on that because we thought something about what the market was going to do. … If you’re right about the businesses, you’ll end up doing fine.”

Entering KLCI Index Stock is another great milestone for Supermax

Do you think Stanley boy will let Supermax go down??

Stanley boy will push up Supermax all the way to AGM

GENERAL MEETINGS: Notice of Meeting
SUPERMAX CORPORATION BERHAD

Type of Meeting General
Indicator Notice of Meeting
Description
Notice of Twenty-Third Annual General Meeting
Date of Meeting 02 Dec 2020
Time 10:00 AM

Supermax share dividend 1 / 45 = 2.2222% higher than Banks FD <= 1.7%

Supermax share dividend 1 / 45 = 2.2222% higher than Harta dividend 0.5% only
(3.85+2.10+2.05+1.80)/100/18.02=0.5%

Supermax share dividend 1 / 45 = 2.2222% higher than Topglov dividend 1.3% only
(0+0+10.00/3+8.50)/100/8.78=1.4%



As long as you owned or bought Supermax mother shares by end of 4 Dec 2020 (Friday) then you are entitled


Share Dividend
SUPERMAX CORPORATION BERHAD

Entitlement subject Share Dividend
Entitlement description
Final dividend via share dividend distribution on the basis of one (1) treasury share for every forty-five (45) existing ordinary shares held in the Company in respect of the financial year ended 30 June 2020.
Ex-Date 07 Dec 2020
Entitlement date 08 Dec 2020

SUPERMAX the only glove company to have US and UK plant

Now do not have US customs CBP issue, future also won’t have at all

Supermax Prospects

Glove Division

d) Building Glove Manufacturing Plants Closer to Customers in the USA and UK

The vulnerability of disruption of PPE Supply Chains or over dependence on imports is the

primary concern of governments around the world. To address this major concern in

countries where Supermax operates, in addition to the capital expenditure that the Group is

putting into Glove Manufacturing in Malaysia, we are reinvesting the earnings derived

from our Distribution Centres into the respective countries where Supermax operates:

i) Allocation of US$300 million in Glove Manufacturing in USA for Phase #1 &
US$250 million for Phase #2.

ii) Allocation of GBP£50 million in Glove Manufacturing in UK.

• Plant #18 in USA and Plant #19 in UK

Prepayment received 30%, 40%, 50% from customers increased from RM 829 Million to RM 1,161 Million
( RM 1,161 Million / RM 829 Million = 140%)


OMG so Delicious!!! RM 1.161 Billion (RM 1,161,000,000) Cash received in advance from customers


Tell me which other Bursa company let you see such Clear Stable Earnings Visibility for the next one year lead time


RM 1,161 Million / 50% = RM 2,322 Million = RM 2.3 Billion revenue Guaranteed for the next one year! AMAZING
RM 2,322 Million / 4 Quarters = RM 580.5 Million per quarter revenue Guaranteed for the next 4 quarters! WONDFERFUL


RM 1,161 Million / 40% = RM 2,902.5 Million = RM 2.9 Billion revenue Guaranteed for the next one year! AMAZING
RM 2,902.5 Million / 4 Quarters = RM 725.625 Million per quarter revenue Guaranteed for the next 4 quarters! WONDFERFUL


RM 1,161 Million / 30% = RM 3,870 Million = RM 3.9 Billion revenue Guaranteed for the next one year! AMAZING
RM 3,870 Million / 4 Quarters = RM 967.5 Million per quarter revenue Guaranteed for the next 4 quarters! WONDFERFUL

Supermax Prospects

Dual-Listing in SGX

The Company is looking to widen the Shareholder’s structure base which includes foreign

based institutional investors to take up future fund raising and future business expansion

globally. The company will make announcement once an Investment Bank is appointed to

carry out this corporate work.

Supermax FaceMasks Canada biz revenue Profit will start contributing in the next quarterly result!

Supermax Canada has also been awarded contracts from Federal and Provincial
governments in Canada to supply FaceMask and other PPEs. To date, millons of FaceMasks have been delivered to the government in Canada.

Supermax Prospects

b) Supermax in Canada:

To respond to the call by the Canadian Government to be self-sufficient in PPE supply

with Made in Canada PPEs products. Supermax Healthcare Canada Inc has started

manufacturing of FaceMasks with the incorporation of subsidiary company, Supermax

Medical Inc (SMI), and have started delivery of Masks to the Government in early
October, 2020.

Supermax Canada has also been awarded contracts from Federal and Provincial
governments in Canada to supply FaceMask and other PPEs. To date, millons of FaceMasks have been delivered to the government in Canada.