https://mobile.twitter.com/StuartLWallace/status/1265200752009641984

joyvest It is proven that the glove is very sensitive to the vaccine hope and optimism. If such hope and optimism is unfounded,no cause of concern and It will be rebounded after shockwave like before.. wait for the moment of truth tomorrow..meanwhile,enjoy your bunch with gloves on.....

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So does oil prices...got fake vaccine hope, rebounce for 1 to 2 days then....stay at Supermx and it will give you easily returns while watching all this comments...

@GooShem, if Hibiscs go 0.7 tomorrow I cut my big bird live...cause its just in ur dream....Go go go Supermx...makes my profit become RM 2M by end of this month!!!

http://www.astroawani.com/berita-dunia/vaksin-covid-19-mungkin-tidak-akan-ditemui-saintis-244223

@Power Gain, CIMB has upgraded the TP from RM 6.50 to RM 7.00

GooShem...you has never apologised when superman went from RM 1.XX to RM 5.75..so ? If price increase on Wednesday will you leave this threads and never come back (even we know you will be here with other aliases)

Just ignore the sour grapes...financial institutions gave high TP...they normally very conservative...so either join to make money or just stay at this threads to hope that the price will drop to RM3..I already made paper gain of 7 figures on this counter alone..

P/S : I think it is possible for the price to drop to RM 4.50..of course after bonus issues 1:1...otherwise, in your dream..

What a joke GooShem...you missed other part..be greedy when others are fearful...its fearful like you...pity you not able to join the rally at lower price when you are fearful..but its ok, you can join now...just put aside your ego and make real money instead of talking shit and loss the opportunity

Just trade with the theme...is a rare opportunity for you to ride...why concern on the PE? Looks at Zoom, trading with PE of fricking 1971!!! People just buy the stock because of the demand...Supermax can bring you an exceptional fortune, is it so hard to understand. Just put your money here! I'm earning 7 figures paper gain now...

What is Kenanga latest TP?

RHB give TP RM 6.08...they don't want to give higher cause loss significantly in call warrant

Latest : CIMB revised Superman TP to RM 6.50!!!!!! Huattt asaaaa

Kenangan TP RM 6...worry what?

QR on Wednesday 20/5

Where are all the haters? "CFO" with financial calculation ? "Warning" guys? What I see is just Huat!!! Don't come to others place to spread hates...make peace and ride the gloves rally eapecially Superman

Which part come...everyday is postive gain...huatttttt aaaaaa...

Any news when the qr will announce for superman?

Top Glove conference call notes
Management indicated that they raised prices by 3% month-on-month (m/m) from February 2020 onward. Price increased by approximately 10% during this 3 month period. The prices were raised by another 5% m/m in May, June, July and August which is approximately another 25% price increased compared to March prices. September prices are increased by 10% m/m.
Cost have been coming down due to the decline in oil prices as butadiene is a by product of oil. Butadiene prices fell to USD255/mt from USD800/mt at the start of the year.
The order backlog have increased from 30 days in the past to more than 300 days today. If you were to order any gloves today, it will only be delivered by April next year. Deposits are required for all orders made today, something that never happened before in history. When compared to H1n1 or other pandemic, management claims that they have never seen anything of such magnitude in their history.
As for their internal trading division which sell gloves under their own brand, they raise prices by more than 100% during this period.

If you assume that cost remain the same, based on the current ASP profit could easily double in the second quarter and triple in the third quarter. Top glove generates approximately RM1.2bn worth of revenue each quarter, a 30% price hike with cost remaining the same will translate to additional RM360mn to their quarterly bottomline hence Top glove could potentially achieve quarterly profit of RM400-500mn per quarter for the next few quarters.

Supermax would be able to generate even stronger profits due to the high composition of their own brand. Supermax quarterly revenue is approximately RM380mn hence a 30% price increase should translate to RM114mn of additional profit to their monthly profit of RM30mn. Supermax could potentially enjoy quarterly profits of RM150mn for the next few quarters. If you annualize the quarterly profit of RM150mn, Supermax will be trading at 8x P/E. We believe that there is a high possibility of more than RM150mn quarterly profit due to the high OBM component.

This is under the assumption that there will not be a second wave. In the event of a second wave, we anticipate a much higher ASP increase as there isn't any capacity left for the next 12 months. Our assumptions also did not include the depreciation of ringgit and declining cost of raw materials.

Mana ada turun...kan naik tu 4.96%...peram dalam ASB2 pon dpt 4.5% setahun...ni sehari!! Huatttt