https://www.thevibes.com/articles/world/10852/thai-seafood-market-coronavirus-infections-top-1000

Our neighbouring country is not spared too. I think borders will still need to remain shut for much longer.

Poorly analysed with ill intentions, no different from the monkeys at the The Star.

@gLOVErs. Thanks!

Anyone has the latest net short position for Super?

Yes and that is NOT supermax factory.

@Targeted. Fully concur with you. There's endless possibilities and opportunities when the company has a large cash pile to pivot the business (if required).

The Big 4 should hire just ONE PR agency to ensure fair and accurate coverage of their business.
Not letting Ibs to trample all over them with rubbish articles on a weekly basis.
Underhanded tactics to short sell on the companies who have been instrumental in delivering PPEs throughout 2020.

Shame on them. Shame on The Edge and The Star. Most rubbish have been spewed by these 2 publications.

https://www.bernama.com/en/business/news.php?id=1914628

Finally out on mainstream news.

/12/2020 8:17 PM

kltower SKY IS THE LIMIT 8888888888888888888888888888888888888888888888888888888888888888888888888888888888888888888


▬▬▬▬.◙.▬▬▬▬
▂▄▄▓▄▄▂
◢◤ █▀▀████▄▄▄▄▄◢◤
█ SUPERMAX 88888888 █▀▀▀▀╬
◥█████████◤
══╩══╩══ HUAT HUAT TO AGJL
21/12/2020 8:17 PM
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Wah. Ini helicopter sudah lama tak nampak. Huat huat!!

"London stocks sink as new coronavirus strain shuts UK"

https://uk.investing.com/news/stock-market-news/london-stocks-sink-as-new-coronavirus-strain-shuts-uk-2269936

Can't magine what's going to happen to recovery stocks tomorrow. Sincerely hope no one gets burn too much and this extends to the naysayers too.

Agjl Matkoh bro...wishing u a great great xmas and abfreat year ahead. Stay safe and hing ong huat!!!

Cheers! Yam seng!
21/12/2020 8:00 PM
........................................

Thanks bro and a merry Xmas and a fabulous new year ahead!
Hope you won't be staying away for too long.
:)

I've been accumulating Spmx stocks in the past few days like Vietnamese coffee drip. Hope it flies soon!

All around good news.The only way is up.

https://www.thestar.com.my/news/world/2020/12/20/covid-19-countries-ban-uk-flights-as-britain-says-new-virus-strain-039out-of-control039

@geek2020 no worries. According to the delusional ones including swaggger, another vaccine will be whipped out between 4 hours to 2 days.

Hahahaha. Can't help them for being delusional. Fact is we want the world to heal and rid of this terrible virus but we know its not going away anytime soon. Sadly

Meanwhile shopping malls in KL are packed with people doing Xmas shopping. The only saving grace is they're adhering to SOP and wearing face masks
Don't expect the same discipline in western countries.

swagger855 https://www.google.com/amp/s/globalnews.ca/news/7492076/moderna-coronavirus-vaccine-technology-how-it-works/amp/

mRNA>Mutation

Pfizer is even better. In 4 HOURS.
19/12/2020 10:08 PM
............................

Vaccine over 2 days. Pfizer in 4 hours?
This is precisely the reason why hesitancy is growing and to reach herd immunity is going to be a challenge. USA is worse.
Not quite anti vaxxers but more so vaccine hesitant.

https://www.google.com/amp/s/amp.ft.com/content/f84746af-9a7f-4cc8-a3b5-434d4c08556e

https://www.google.com/amp/s/amp.theguardian.com/world/live/2020/dec/19/coronavirus-live-news-uk-deaths-climb-as-australia-battles-to-contain-covid-19-cluster

YayorNay ' When you pay peanuts, you get monkeys! '
18/12/2020 10:07 PM
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Even the real monkeys at penang hill are feeling threatened with the ones emerging here in this forum. Lol

Geek2020 This is biggest news of the week!!

https://www.thestar.com.my/business/business-news/2020/12/18/supermax-may-get-upgraded-to-ftse-all-world-index?fbclid=IwAR1VFHkZEJf1Ut_YR_CNWDgBXY0VE3GZMBBQZrLBvQMto2Z59stoNRB0FwI
18/12/2020 8:53 PM
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Fantastic news indeed and a great achievement for Stanley Thai if it materialises. It will certainly pave the way for future business expansions and diversification for sure.

Naysayers. Save your breath for Sun evening. Market closed.

and here we have trolls telling us glove is over. Current stock shortage also unfulfilled and its going to take ages to replenish.

@glovefinish you seriously operate like a one way chatbot. lol

Ibelieve MatKoh @Ibelieve. won't be so easy k. Will need to find creative ways to spook the forum on a DAILY basis. Also create multiple ids. Hahahaha
16/12/2020 11:47 PM

Bro, don't you think it's super easy? She just posts statement, probably written by her boss, probably she herself also dont understand the content, that's why she was like never argue, and doesn't seem to response to anyone here, unlike Atewind, haha, this guy garang...
.............................
Think twice ok. Imagine sharing an office with Atewind, stockraider and the latest human rights activist, Lol.

Glovefinish, see what you posted just a couple of days ago, suggesting JPM as the authority and justifying their ridiculous 3.50 valuation.. Now don't trust Ibs lah etc. Hahaha

Dec 12, 2020 11:14 AM | Report Abuse

Don't forget J.P Morgan is one of the leading worldwide analyst institution that a lot of funds including foreign funds are to refer to its target price and analysis as base for adjusting and allocating fund for investment.

@Ibelieve. won't be so easy k. Will need to find creative ways to spook the forum on a DAILY basis. Also create multiple ids. Hahahaha

TheBursaProphet Hi all, here is my analysis for Top Glove. Check out the following link:

https://www.tradingview.com/chart/TOPGLOV/r7YdKtbn-Is-JP-Morgan-s-call-of-RM3-50-for-Top-Glove-valid/
.......................................

So if JPM was right with their 3.50 valuation, I wonder why did they pick up more share at the current price range?
Your view please.

https://www.thestar.com.my/business/business-news/2020/12/16/cgs-cimb-research-maintains-overweight-on-gloves

@ToneeFa Congrats. Glad you made some.

IBs shitting bricks now. I'm sure they'll still have bullets but how much is left remains to be seen

WeLoveSarawak Even budget pass, even if 10 million people die from covid, even if vaccine fail horribly, top glove and other glove makers price will still be dumped unless:

1. Top glove hire a good media consultant to combat and go on the offensive against media bias

2. TSLWC need to walk the talk when he say Topglove will beat Maybank Market Cap...otherwise the whole world will be lauging at TSLWC and say he talk kok only...
15/12/2020 4:17 PM

..........................................
Absolutely right on point 1. All that is required is a good media consultant to wade through and overcome the past few weeks of mud slinging.

IBs orchestrated sell down started at 10.30am followed by strong buys. We're going to have an interesting 2 weeks.

All these freshly minted negative articles been churned out so aggressively in the past few days are what we call sponsored ads for Ibs. Lol

A new strain of coronavirus found in the UK resulting in a less than 30 hours notice for Tier 3 lockdown in London. The variant is currently under investigation and known as VUI 202012/01.
Meanwhile anti vaxxers continues to set up demonstrations in major cities across the UK, un-masked. No chance of trying to vaccinate these people including those in other countries too.

Is the pandemic going to be over soon?

https://www.gov.uk/government/news/phe-investigating-a-novel-strain-of-covid-19

https://research.sginvestors.io/2020/12/top-glove-dbs-group-research-2020-12-10.html?fbclid=IwAR0vDC3-177nJEkeQAiY0uRwyeQSNdZEeeH8htOBPEu4o1a7frFim6qgfGo

Ain't no stopping the Ib lackeys/ trollers with their PDG campaign. Al morning and night. Hahaha

@Agjl. I can't help but laugh. Your attempt to have a relaxing Sunday night but to get riled up right after.
In Michael Corleone's words "Just when I thought I was out, they pull me back in!".

Goodnite bro! :)

Why all the negative news in the last 48 hours? 2 simple reasons:
1. Warrants issued end 2019/ early 2020. IBs and to be fair, none of us anticipated Covid19 becoming a worldwide pandemic of this scale. H1N1 pales in comparison to Covid19.

2. Glove companies managed to grow their business and are sitting on truckloads of money. Sell down is becoming a challenge when glove owners are doing SBBs. No business owner would ACTIVELY do a SBB if there is any doubt in their future business. There is confidence in their future earnings, not forgetting the opportunity to diversify their business through M&A.

Time is ticking for IBs with many warrants expiring in the next 3 weeks. They're desperately using various touchpoints to spook the retailers and silently praying that the glove owners don't come out in full force to do any SBBs.

Yes, hundreds of millions are at stake and they're having sleepless nights now. They should as there are many other investors who would just avg down.

..............................

Morpheus61 The answer to all your questions are simple. Just look at the Exercise price and Expiry dates of the Warrants and compare it with the TP given by the so called crooks IB. Also, Shortsell is only permitted for IB's. Why the 101 million shares Net Shortsell as of Friday 11th Dec ?

I'm constantly reminded how valuable Spmx share is just by all the non-sensical trolling by these goons.

https://www.peterboroughtoday.co.uk/news/people/healthcare-company-seeks-go-ahead-uk-and-european-headquarters-peterborough-3061858

HEALTHCARE: SUPERMAX MAKING SUPER PROFITS
======================================
The Edge Malaysia

December 12, 2020 09:00 am +08

HIGHEST RETURNS TO SHAREHOLDERS OVER 3 YEARS
------------------------------------------------------------

Supermax Corp Bhd has walked away with The Edge Billion Ringgit Club (BRC) award for highest returns to shareholders over three years in the healthcare sector.

Looking at its share price performance, it is not hard to fathom how the rubber glove maker, which has also ventured into contact lens manufacturing, won the award.

This year has been a spectacular one for the disposable glove industry globally. The companies are making super profits due to the surge in demand for personal protective equipment, including rubber gloves, as a result of the Covid-19 pandemic. Given the rosy earnings prospects, their share prices have soared to the highest level ever.

The craze for rubber glove stocks has lifted Supermax’s share price out of the doldrums and propelled it north. And the rally is the strongest ever it has had since listing in 2000.

The company’s adjusted share price jumped from 90 sen on June 30, 2017, to RM8 on June 30, 2020 — a meteoric rise. Its share price rally continued, climbing to the peak of RM11.90 on Aug 6, as its market capitalisation reached an all-time high of RM30.71 billion. In the BRC award’s 2020 three-year period, Supermax provided a stunning total return of 106.8% to shareholders.

According to Bloomberg, there is upside potential for Supermax’s share price based on the consensus target price of RM12.39 after the release of its third-quarter results.

TP RANGED FROM RM 11.80 to RM16.50
--------------------------------------
All nine research analysts who cover Supermax have recommended their clients to buy the stock, with target prices ranging from RM11.83 to RM16.50.

Suffice to say, among the shareholders of Supermax, nobody is happier than its founder and major shareholder Datuk Seri Stanley Thai Kim Sim, who was not even a billionaire before the pandemic.

It is estimated that Thai’s equity interest of 38.04% in Supermax is worth about RM9.28 billion today. In comparison, the glove tycoon’s net worth was RM672.59 million at end-2009.

Supermax’s profit was already on the rise pre-pandemic for the three-year period between the financial year ended June 30, 2017 (FY2017) and FY2019. The glove maker achieved profit after tax of RM70.29 million in FY2017, which grew to RM110.14 million in FY2018 and RM123.11 million in FY2019. Annual revenue expanded from RM1.126 billion in FY2017 to RM1.304 billion in FY2018 and RM1.538 billion in FY2019.

BIG LEAP IN EARNINGS
-----------------------------
For FY2020, Supermax witnessed its biggest leap in earnings — its net profit jumped more than four times to RM525.58 million from RM123.11 million in FY2019.

In view of the abnormally strong demand for rubber gloves, analysts are expecting an even more powerful profit growth in FY2021. The consensus forecast is for Supermax’s net profit to more than triple to RM1.718 billion in FY2021.

In an Oct 4 report, Kenanga Research analyst Raymond Choo Ping Khoon points out that Supermax has dual-stream incomes from manufacturing and distribution, as both divisions could provide higher margins.


GROWING ENQUIRIES FROM GOVT AGENCIES
----------------------------------------------
“Supermax is getting enquiries from foreign government agencies, non-governmental organisations, retailers and restaurant chains. Amplifying the pent-up demand, buyers are paying between 30% and 50% deposits in advance to secure glove supply and timely delivery,” he writes.

Choo has an “outperform” call on Supermax, with a target price of RM12.75.

Supermax had been in a net debt position of more than RM200 million over the years. With its ballooning cash coffer now, this is a thing of the past. The rubber glove maker was sitting on a net cash position of RM852.7 million as at June 30 this year, thanks to the soaring sales

Meanwhile in our home country, we've registering close to 2k cases today and yet people are saying glove is sunsetting.

JP Morgan has a 0.44% stake in TG ie 35.3mil shares. Remember this figure because it will surely increase in the next few weeks.

@stockraider. Wah, finally admit you come to goyang2 kah? Thought you wanted to give 'nasihat'? Hahaha

@stockraider. You're really active this morning. No glove chat rooms have been spared from your brainwashing. I must say you're a very hardworking keyboard warrior. Cut and paste everywhere. Hahaha

@stockraider Yawn. Zzzzzzz

@Morpheus1 you're damm right buddy. It is timely how they try to screw the market including unleashing dogs from the kennel to soke more fear in the glove forums.

Hello anjing2. Weekend is to rest lah. Stop barking dy. Its our money, why you all fuxxk care how we invest. We want to burn money we burn lah Got deep pockets unlike you all whining dogs.

Weak retailers will crumble but not sensible investors who have analysed and studied Super's progress.