What if the Russian vaccine is a hoax, you have just dump the most profitable (per EPS) gloves company listed in Bursa.

https://edition.cnn.com/2020/08/13/europe/russia-us-coronavirus-vaccine/index.html

"Other US officials told CNN the Russian vaccine is considered so half-baked in the United States that it hadn't even piqued US interest in a serious way before the rollout. "There's no way in hell the US tries this (Russian vaccine) on monkeys, let alone people," one US government public health official said. "

https://www.moneycontrol.com/news/world/russian-vaccine-not-in-advanced-test-stages-says-who-5699371.html

"This week, President Vladimir Putin announced Russia had approved a coronavirus vaccine that has yet to complete advanced trials in people and claimed, without evidence, the immunization protects people for up to two years. "

Protection for 2 years only !!,

Today's closing 19.88

Stand Hold

@ paktua73 - notion will cool for at least 1 week
who believe on notion can wait..
who feel weak n not worth it can let go..
for paktua n troops...
we stand to hold..period 1.5 month..


tut tut
many time facing like this

I am with you paktua, "UNITED WE STAND DIVIDED WE FALL"
Walaupun belum diterima masuk platoon paktua, saya menghormati keberanian dan kebenaran Sir paktua

Posted by yfhew1> Jul 27, 2020 8:51 AM | Report Abuse

My RM25 in making.
Then go to RM32 during QR release.
Then bonus issue to have 1:1 become RM16.
Another outstanding QR release will become RM24

-----------------------------------------------------------------------
Dear yfhew1,

Any chance Supermx will hit limit up tomorrow !!
Very long time never see the share I hold can hit limit up.
Please advise.
Thank you.

----------------------------------------------------------------------

Supermx > (Qtr) 30.6.20 > (EPS) 30.58 sen > (Price) RM21.20 > Forward PE 17

Harta > (Qtr) 30.6.20 > (EPS) 6.49 sen > (Price) RM18.36 > Forward PE 70

Kossan > (Qtr) 31.3.20 > (EPS) 5.07 sen > (Price) RM17.90 > Forward PE 89

Top Glove > (Qtr) 31.5.20 > (EPS) 13.59 sen > (Price) RM27.20 > Forward PE 50

Based on the above available data which were extracted form Bursa, Supermx forward PE has been adjusted to PE 17. Supermx has the advantage of OBM hence the net profit margin was 44% and moving upwards which is higher than the rest of the Big 3. Supermx is selling on price not volume as compare to its peers.

Since Kossan results were reported only for the Qtr March we discount the PE average calculation for Kossan, we take the average industry of these Big 3 as their results were latest (17 + 70 + 50)/3 = 45 average.

So assuming an average PE=45, the fair price will be RM55 !!!!!

So tell me why for the next few days it should not touch RM25 ? Limit up is not impossible.

dhnn81 @ Thank you to all the great sifus here! Wahh I am very happy today!
So TP 30.00 tomorrow ok!

Harta EPS = 6.49sen x 4Qtr = 25.96sen , PE= RM18.36/0.2596= 70.

Since Super is smaller, say PE 35, Super fair price is RM42.70 !!!!!!, those who buy or hold tight today should have a good nite sleep and sweet dream too.

Super will again be Taikor to bring all gloves up tomorrow. All gloves holder again have to thank Super, cheers

EPS = 30.58sen x 4 qtr = RM1.22 per annum on the future forward PE. Current price RM21.20/RM1.22= 17.37 only. Very highly undervalue!!! PE only 17 !!!!!!

Buy more tomorrow to qualify for a round 1lot

The Board of Directors of Supermax Corporation Berhad ("Company") is pleased to propose a final dividend via the share dividend distribution on the basis of one (1) treasury share for every forty-five (45) ordinary shares held in the Company on the premise that new bonus shares pursuant to the Proposed Bonus Issue of Shares, which is announced earlier are approved at the upcoming Extraordinary General Meeting on 18 August 2020 and duly allotted ("Share Dividend") in respect of the financial year ended 30 June 2020 for the approval of the shareholders at the forthcoming Company's Twenty Third Annual General Meeting.