Results not sexy enough

Sell there are buyers, buy and there are sellers.

Volume is huge.

healthy for onwards march

The Group recorded a revenue of RM147.1 million for the reporting period, this represents an
increment of 40.7% in revenue for the reporting quarter compared to previous year's
corresponding period. The Group recorded a net profit of RM5.3 million for the reporting
quarter, compared to net loss of RM25.3 million recorded in the previous year's corresponding
period. The improvement in results is driven by two main factors:
a) Revenue increasing driven by increasing demand for storage products, both Hard Disk Drives
(HDD) and Solid State Drives (SSD). Our customers have started seeing some recovery in HDD
demand and that is translating to more demand for the Groups offerings. We are seeing this
sustained increasing factory capacity utilisation throughout the whole quarter.
b) An improved Group cost structure allowing the Group to turn to profitability even at a much
lower factory capacity utilization rate. This improved cost structure is a result of a continuous
effort by the Group to drive factory yields and productivity. This process is evident as we have
reduced our Gross Loss consecutively Quarter on Quarter for the last 4 quarters.
The improved cost structure and higher customer demand driving higher factory capacity
utilization resulted in our first Net Profit quarter since Dec 2021. This result is even more
significant given that the Group’s capacity utilisation is still less than 50% in the reported quarter.

extract from quarter announcement - 21 May 2024

Bullish

Yes, managed to top up at 84sen when dip. Afternoon rebound

pakmuda37
morning..
paktua n team still stand fight here till rm1.



tut tut
let fight

Fight apalah, mau fight pergi Palestine tolong fight sana

Volume damn strong, you want to sell? Ppl buy.

You want to buy? Ppl sell too

Very healthy

Probably all TG holders already given up hope on TG, all the rojak comments here , no one cares

Can't fight with JPMaul , just join them to short la

What? Please share any upcoming major announcement?

@Serenevalley, Joyvest, u knowcright?

https://www.thestar.com.my/business/business-news/2020/11/29/windfall-tax-on-glove-makers-will-send-wrong-signal-to-investors-zafrul

FM confirmed no windfall tax, Monday will shoot sky high

https://www.thestar.com.my/business/business-news/2020/11/29/windfall-tax-on-glove-makers-will-send-wrong-signal-to-investors-zafrul

FM confirmed no windfall tax, Monday will shoot sky high

https://www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

You think Pfizer vaccine working?

https://www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

Pfizer CEO disposed stocks when its vaccines being announced. You think the vaccine is working?

If so why disposed?

US to close bar soon, after the election spike .

https://www.thestar.com.my/news/world/2020/11/10/putin-says-all-russian-covid-19-vaccines-are-effective---ria

Putin to close down bar after a spike in C19 cases.

https://www.cnbc.com/amp/2020/11/10/brazil-suspends-trials-of-china-sinovac-vaccine-due-to-adverse-effect.html
Vaccine hope dash

https://www.cnbc.com/2020/11/07/president-elect-joe-biden-to-announce-covid-task-force-on-monday.html

Biden will emphasise on C19 control which means higher PPE expenditure

You cant measure windfall tax if the products are not universally priced or quoted in an exchange market. Without the price how to measure windfall tax. If use own ASP of a company, they varies. Eg if company A's ASP may differ from company B. If they wish to reduce the windfall tax they can sell to neighbouring countries at a lower price before selling them to the right customers.

Windfall tax should only apply to products generated from the natural resources which a company could not derive the resources elsewhere. Otherwise all company will move out from this country which will make matters worst.

So I am puzzle how to introduce windfall tax?

https://www.nst.com.my/business/2020/11/637417/hartalega-sues-glove-fraudsters

Serious shortage of gloves

Glove is Gold

If Supermx with loads cash start to have a good dividend payout policy. this will attract more investors and hence capital appreciation. Hope Ah Thai announce that during AGM

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
Entitlement time 5:00 PM
Financial Year End 30 Jun 2020
Share transfer book& register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 08 Dec 2020

The Health Ministry (MOH) has advised medical practitioners in the country to temporarily stop the use of two influenza vaccines, namely SKYCellflu Quadrivalent and Vaxigrip Tetra following reports of death cases linked to the two products in South Korea.


https://www.thestar.com.my/news/nation/2020/10/28/health-ministry-advises-doctors-to-temporarily-stop-use-of-two-flu-vaccines

https://www.thestar.com.my/news/nation/2020/10/28/health-ministry-advises-doctors-to-temporarily-stop-use-of-two-flu-vaccines


The Health Ministry (MOH) has advised medical practitioners in the country to temporarily stop the use of two influenza vaccines, namely SKYCellflu Quadrivalent and Vaxigrip Tetra following reports of death cases linked to the two products in South Korea.


Vaccine counters can come over to party.

So who is buying now? IBs, once they bought next week push up. newbies come in they sell.

Thanks bro, meaning the PE could have halved? Then the market price is undervalued by half compared to last quarter market price? meaning Supermax is on sale 50% discount?

@loong66, MuchenOrb
No typo error. Earnings doubled but no of shares also doubled due to Bonus issue of 1 for 1 .
27/10/2020 6:39 PM

Cash in the bank based on latest Qtr report:

Supermax RM2.3 Bil
Harta RM1.6 Bil
Top Glove RM1.2 Bil
Kossan RM0.3 Bil

Cash is king in this trying times. Who is King?

Did you notice the EPS same as last quarter 30.58 sen for this Qtr and the last Qtr. There must be a typo error.

https://m.malaysiakini.com/news/547081


MOH wants tighter controls. My guess more crowded place will be closed and that will invlude the casino at the cloud top. Once the casino id temporary close all will join into Bursa again.

Thats when you will see daily breaking volume

TG said cleared. So clear to launch the rocket tomorrow 5,4,3.......

Wah if like that any tom, dick and harry company also just sign an MOU to venture into glove production will get limit up easily. LOL

Mah Sing group , property developer wanted to venture into glove production. I think all other business not doing well should convert their factory into glove production to save jobs as Malaysia is the top glove manufacturer in the world.

https://www.thestar.com.my/business/business-news/2020/10/16/hot-for-gloves

Yong69, Sell la, I will buy. If not sufficient funds, Rubberex will buy

@Yong69, Still can keep, I bought 5.90 sell or hold?

so many days of up , let Puma rest one day. Tomorrow quantum leap

SBB dated 14.10.20

7.760
Maximum price paid for each share purchased ($$) 7.870
Total consideration paid ($$) 8,986,164.92

Rubberex will continue to buy !!!

You sell Rubberex buy.

Once the force selling of those T+2 finish by noon, all gloves will rocket

Market already closed, how to run? Lets join me for an evening run at my park OK?

@TeamRocket, Today COVID cases have drop!!! Run!!

So ppl asked what is the TP? Sky is the limit i would say.

Thank you freetospeak

https://klse.i3investor.com/blogs/freetospeak/2020-09-04-story-h1513289415-topGLOVE_SUPERmax_BULL_COMING.jsp

I believe we are now at RENEW OPTIMISM stage. More excitement coming. Those who called 'TAKE PROFIT" , "RUN" will run back to gloves sooner or later.

Those ppl who take profit now, will have to buy at a higher price later. Why because its QTR result coming very soon with bombastic figures

Come on Puma be brave , leap further . Show me your courage

Nowadays the Black Puma is not so Gung Ho like last time. Less confident and the price move slowly. Hopefully surely too.

Based on the past few months trend when it can stay hovering around 9.99 it will break out from this about 30min before closing

Yes its true, the moment we walk out from our house got to be careful as the Covid19 cases have risen. Lets wear Supermax gloves

Uh, Felda also owned by Chinaman?

@ DickyMe, Every Chinaman company have 85-90% foreign workers than Malaysians.
Yes, they are the cause of foreign worker influx.

The greedy pig eating Chinese companies cares only about themselves.
The parasites in civil service are loyal dogs for bones thrown at them to sanction this foreign worker influx, yet they pretend.

Close at RM8.98, Ah Thai is BACK!!

RM9.88 to be exact

@TeamRocket , Stanley he very believe in feng shui, he will close the price today at 8.88 at least as a memorable day.

Supermax will reappoint Stanley as director. Supermax will FLY higher with vengeance this time. Buy before its too late. Dont say I didn't warn you

The Kuala Lumpur High Court has acquitted former Supermax Corp Bhd managing director Stanley Thai Kim Sim of insider trading offences.

https://www.malaysiakini.com/news/544505

Supermax , its time to rocket

From the past Qtr announcement, end Oct release of the financial is the earliest. So I guess those can hold another month will payoff with the bombastic results of all time

Malaysian investors don't appreciate Supermax.