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2020-10-22 14:30 | Report Abuse
@Morpheus61
You don't even know if Careglove Sdn. Bhd or Careplus (M) Sdn. Bhd is the one raking in the profits. How are you so sure? I just read the AGM minutes.
From Careplus' 10th AGM, it seems that yes, they are worried they won't be able to make a high profit because they have to share it with Ansell.
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2020-10-22 14:25 | Report Abuse
@HNWInvestor
I can give you some truth and facts right now. Here:
In Careplus 10th AGM, the Company was asked:
https://careplus.com/wp-content/uploads/2020/09/5-Summary-of-Key-Matters-08.07.2020.pdf
"With the disposal of 50% equity interest in Careplus (M) Sdn. Bhd. to Ansell Services
Asia Sdn. Bhd., the Group’s profit will be diluted by 50%, will the surge in demand and
profit able to set-off the dilution?"
Careplus' answer:
"With the Group’s recent expansion and growth, we are hopeful that the Group’s profit is
able to set-off the dilution."
Careplus just says they are "hopeful" that they can make a bigger profit because Ansell will be taking 50% of Careplus profits.
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2020-10-22 14:13 | Report Abuse
@pretty
They sell and then they ownself buy at a higher price. Sharks are losing at their own game.
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2020-10-22 14:11 | Report Abuse
@HNWInvestor
Rubberex drop because of a correction when it went up 15% on Monday.
Went up 15%, drop 5% is no big deal.
I only speak the truth and facts here.
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2020-10-22 14:05 | Report Abuse
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The naysayers say, "HOW CAN SUPERMAX EARN RM1 BILLION IN ONE QUARTER?"
The answer:
Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/
Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/
Supermax's is earning USD and Canadian Dollars with their own brand marketing and huge production capacity of gloves and masks.
Maybank market cap (80b) (RM940 million profit previous quarter) is THREE TIMES larger than Supermax (26b) (RM1 billion profit Oct 28 QR) but Supermax defeats Maybank's profits.
Fantastic.
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2020-10-22 14:02 | Report Abuse
@Shawalrich87
Shawal, yesterday you commented and asked people to dismiss GiantPanda's comment.
You said today the IB will press down Supermax and asked people to cut loss.
Today Supermax shot up 4% to 9.90.
What is wrong with you?
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2020-10-22 13:39 | Report Abuse
@GiantPanda
Time to top up on Supermax and Top Glove..
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2020-10-22 13:15 | Report Abuse
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The naysayers say, "HOW CAN SUPERMAX EARN RM1 BILLION IN ONE QUARTER?"
The answer:
Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/
Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/
Supermax's is earning USD and Canadian Dollars with their own brand marketing and huge production capacity of gloves and masks.
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2020-10-22 13:02 | Report Abuse
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Supermax's profits are higher than all the banks in Malaysia and it's still a small company compared to the banks. After the QR is released, a new higher TP will be set for Supermax. Probably from 12.5 to 16.
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2020-10-22 12:46 | Report Abuse
Supermax's profit RM 1 billion (October 28 QR expected) beats the profit of Maybank previous quarter (940 million), the largest company in the whole of Malaysia.
Meanwhile hotels will be closed for years to come and banks cannot lend.
Genting LOST RM786 million in one quarter and will continue to incur losses.
Supermax GAINS RM1 billion in one quarter and will continue to grow.
Fantastic.
Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/
Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/
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2020-10-22 09:49 | Report Abuse
@Agjl
There will be NO windfall tax on gloves.
Glove companies are SO CASH RICH that they can go to other countries.
You think Malaysia would want that to happen? No.
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2020-10-22 09:03 | Report Abuse
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Oct 28th, Supermax will announce it's expected RM1 billion profit, defeating Maybank's last quarter (940m). Maybank market cap is THREE TIMES bigger than Supermax but Supermax defeats Maybanks profits.
Unbelievable.
Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/
Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/
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2020-10-22 01:50 | Report Abuse
Remember Harta's boss' words:
"Glove supply will not meet demand in next three years"
Supermax's QR on Oct 28 expected to hit 1 billion easily.
This means that Supermax can hit 700 million to 1 billion+ in profits EVERY QUARTER for years to come, thereby making it the size of Public Bank.
Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/
Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/
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2020-10-22 01:46 | Report Abuse
@liewtz06
Don't bother telling MoneyMakers the truth.
He already cut loss on Supermax because he bought high.
Now he is try to buy low again but can't.
See all his comments, it's all about him trying to push up and pull down Supermax every time.
He's just a contra player, not an investor.
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2020-10-22 01:44 | Report Abuse
@MoneyMakers
You will shut up on the evening of Supermax's QR release day next week :)
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2020-10-22 01:38 | Report Abuse
@MoneyMakers
I have triggered you with the truth. I speak facts and numbers.
All you can do is call my words "cheap". Sad.
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2020-10-22 01:36 | Report Abuse
@MoneyMakers
How do you even know if I have money in Supermax or not? Goodness sakes.
Worry about your own money.
Stock: [CAREPLS]: CAREPLUS GROUP BERHAD
2020-10-22 14:31 | Report Abuse
@Morpheus61
Just because the name of the subsidiary is "Careglove" doesn't mean it is the one posting the profits you understand?