What TG loses as a small % of sales volume as OEM, Super will gain big as an OBM with large % volume of its sales

https://www.klsescreener.com/v2/news/view/704409/cgs-cimb-research-retains-overweight-on-glove-sector

“Based on our estimates, Top Glove’rubber gloves make up c.13% of the US’s total rubber glove imports.

“In our view, this will likely lead to a spike in demand for rubber gloves by other glove manufacturers as long as the detention order on both Top Glove’s subsidiaries is in effect. Hence, we believe glove makers under our coverage (ex- Top Glove) will benefit in terms of higher sales to the US, namely Hartalega, Kossan and Supermax.

......

Lets not underestimate the above effects on the last name given above

my only wish is the results of super to be released as early as possible...

that will rewrite the charts and whatever thesis/stories people are making now

ha ha..thats what we call second level thinking... salute sifu free!

Posted by freetospeak > Jul 20, 2020 7:36 PM | Report Abuse

prepare to sell TG on strengthh n buy bak supermax..that is his underlying message.

most likely TG distributors in U.S will buy from Supermax OEM at higher price than what supermax corporation OBM price in U.S...LOL!

Posted by freetospeak > Jul 20, 2020 11:20 AM | Report Abuse

Prob...i hope the 13% shortage can result in at least 13% increase in asp..lol

https://www.klsescreener.com/v2/news/view/704409/cgs-cimb-research-retains-overweight-on-glove-sector

“Based on our estimates, Top Glove’rubber gloves make up c.13% of the US’s total rubber glove imports.

“In our view, this will likely lead to a spike in demand for rubber gloves by other glove manufacturers as long as the detention order on both Top Glove’s subsidiaries is in effect. Hence, we believe glove makers under our coverage (ex- Top Glove) will benefit in terms of higher sales to the US, namely Hartalega, Kossan and Supermax.

...........

exactly as i predicted earlier

it means, one should never let go supermax at least till it overtakes TG

did anyone calc just the OBM margin (minus the OEM), ie the own distributor margin contribution? From the analyst briefing table it appears 40USD/1000 gloves....

isnt that pure profit above the OEM suppliers?

5 billion gloves per qtr means, 800M/qtr contribution?

who knows...it could be that the 'distributor margin' which will be more resilient in the long run....meaning supermax share price has all the reasons to overtake TG like sifu freetospeak said

500m per qtr he meant..

Posted by see2sea > Jul 18, 2020 10:05 PM | Report Abuse

Freetospeak Ntpboon...cimb is the real humble one. Qtr 4 356m.qtr 1 at least 500m x 4 = 2 BILLION considering asp peaked(unlikely) n no increase in caps(aug got new line). 1.5 billion is too little.

@freetospeak sifu, u mean Q1 2021 pure profit will be rm2B???? Please advise..omg..need top up more on monday before shoot up to rm30 at least

A single asymptomatic covid 19 using lift without any occupant can infect 71 people:

https://www.independent.co.uk/news/world/asia/coronavirus-super-spreader-woman-lift-infections-china-heilongjiang-a9615886.html?amp

Please wear your gloves when using lifts

lol......cant deny this

Posted by Tyco > Jul 17, 2020 8:37 PM | Report Abuse

TeamRocket n rr88

So sour grape that become wine for Supermax shareholders to celebrate drinking n YumSeng

Cheers everbody n Yuuuuum Seeeeeng

Thai AirAsia X flights to China banned due to Covid-19 positive passengers

https://www.theedgemarkets.com/article/thai-airasia-x-flights-china-banned-due-covid19-positive-passengers

....

like this means...how to contain the virus?

harta really competing...on share price

OMG....this is changing the world fundamentally-permanently....

flying will be such a hassle...gloves and masks will be mandatory....throughout all flights.

Posted by zanbini > Jul 17, 2020 3:32 PM | Report Abuse

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases of the United States, is concerned that the potential vaccine for the new crown virus may be "poorly durable". He believes that the new crown vaccine may not provide long-term immunity.

According to a CNBC report on the 2nd, Anthony Fauci was interviewed by Professor Howard Bauchner, editor of the Journal of the American Medical Association (JAMA), and pointed out that if the new coronavirus is like other coronaviruses in the past, then the new coronavirus vaccine The duration of immunization will not be very long, and the validity period can only last for six months or one year.

Man applies for Covid-19 loans, gambles away millions in Vegas

https://www.nst.com.my/world/world/2020/07/609325/man-applies-covid-19-loans-gambles-away-millions-vegas

The PPP loans were part of the unprecedented US$2.2 trillion CARES Act, which provided aid for millions of Americans suffering the economic effects of the pandemic.

........

may be these free money should have been channelled for PPE like gloves or gloves stocks instead of 'PPP'....LOL!

thanks for sharing this important info free

Posted by freetospeak > Jul 17, 2020 10:11 AM | Report Abuse

Supermax has commissioned and undergone a Sedex Members Ethical Trade Audit (SMETA) audit by an independent auditor successfully and admitted as a member of SEDEX.
SEDEX is one of the world’s leading ethical trade service providers, working to improve working conditions in global supply chains. It provides practical tools, services and a community network to help companies improve their responsible and sustainable business practices, and source responsibly.
SMETA is an ethical audit format which reports on Sedex's four pillars of labour, health, safety and environment in reflecting good business ethics.

even UK my ban TG from selling there due to the same reason and follow US activist

https://www.malaymail.com/news/money/2019/09/06/supermax-us-china-trade-war-benefits-local-rubber-glove-industry/1787942

KUALA LUMPUR, Sept 6 — Rubber gloves manufacturer, Supermax Corporation Bhd, is expecting its exports to increase to 40 per cent from the current 30 per cent, boosted by sales of medical gloves due to the ongoing United States (US)-China trade war.

Founder and president Datuk Seri Stanley Thai Kim Sim said this was because the US government had imposed a 15 per cent tariff on medical gloves made in China starting from September 1.


“The US-China trade war has and will continue to disrupt the global supply chain, and this augurs well for the company,” he told a media briefing after announcing the company’s full year results here today.

Thai said Malaysia is one of the countries benefiting from the trade tiff between the two economic giants.

He also said that Supermax’s industrial glove market — which currently accounts for about 10 per cent of its total exports — is also set to grow as non-medical gloves made in China have also been slapped with a 25 per cent import duty by the US government back in January 1, 2019.


“This is an unfortunate event but it also created an opportunity for Malaysian manufacturers to increase their market presence in the US,” he said.
.............................................

(1) If Supermax can benefit from U.S China trade war earlier? (i.e, reduction in market competitors)

Local glove makers benefit from US-China trade war, Supermax says

https://www.thestar.com.my/business/business-news/2019/09/06/local-glove-makers-benefit-from-us-china-trade-war-supermax-says

(2) Is it difficult to benefit from Top Glove U.S market reduction by 12% of its Sales volume?

Top Glove: Two subsidiaries under detention order account for 12.5% of total sales

https://www.theedgemarkets.com/article/top-glove-two-subsidiaries-under-detention-order-account-125-total-sales-us

12% reduction of TG market is 50% increase in market potential for Supermax..... (i.e, reduction in market competitors too)


Think about it
..............

https://www.malaymail.com/news/money/2019/09/06/supermax-us-china-trade-war-benefits-local-rubber-glove-industry/1787942

KUALA LUMPUR, Sept 6 — Rubber gloves manufacturer, Supermax Corporation Bhd, is expecting its exports to increase to 40 per cent from the current 30 per cent, boosted by sales of medical gloves due to the ongoing United States (US)-China trade war.

Founder and president Datuk Seri Stanley Thai Kim Sim said this was because the US government had imposed a 15 per cent tariff on medical gloves made in China starting from September 1.


“The US-China trade war has and will continue to disrupt the global supply chain, and this augurs well for the company,” he told a media briefing after announcing the company’s full year results here today.

Thai said Malaysia is one of the countries benefiting from the trade tiff between the two economic giants.

He also said that Supermax’s industrial glove market — which currently accounts for about 10 per cent of its total exports — is also set to grow as non-medical gloves made in China have also been slapped with a 25 per cent import duty by the US government back in January 1, 2019.


“This is an unfortunate event but it also created an opportunity for Malaysian manufacturers to increase their market presence in the US,” he said.
.............................................

On capacity, he said the company aims to increase its production to 27 billion tonnes by December 2020 from the current 21.75 billion tonnes, and plans to boost it to 44.1 billion tonnes by 2024.

(1) If Supermax can benefit from U.S China trade war earlier? (i.e, reduction in market competitors)

Local glove makers benefit from US-China trade war, Supermax says

https://www.thestar.com.my/business/business-news/2019/09/06/local-glove-makers-benefit-from-us-china-trade-war-supermax-says


(2) Is it difficult to benefit from Top Glove U.S market reduction by 12% of its Sales volume?

Top Glove: Two subsidiaries under detention order account for 12.5% of total sales

https://www.theedgemarkets.com/article/top-glove-two-subsidiaries-under-detention-order-account-125-total-sales-us


12% reduction of TG market is 50% increase in market potential for Supermax..... (i.e, reduction in market competitors too)


Think about it
..............


Imagine if IB used the above info to re-rate Supermax

This is how to ride Supermax bull:

https://www.youtube.com/watch?v=PaGM0PbEZnQ&t=35s

Enjoy...

https://www.youtube.com/watch?time_continue=6&v=Qwoj3LA9pOI&feature=emb_logo

I see that at the least all stewardess will be required to wear such masks.

Airlines will even provide FOC gloves for every passenger that is boarding.....just 1 case of infection on any flight is enough to require this to be compulsory procedure worldwide.

Further, note that WHO had just declared that the virus is Airborne.

It will be a painfully difficult task for the airlines to manage risk of infections within plane.


May be only solutions like the below from Supermax will help the airlines:

https://mybeyondmask.com/

https://www.thestar.com.my/business/business-news/2020/07/12/top-glove-urges-govt-to-lift-freeze-on-foreign-workers#cxrecs_s

"Before COVID-19, we were running (at) about 80 to 85 per cent capacity. Now we are running more than 100 per cent. Though we add in new capacity, we are still not able to cope with the demand; the demand is just too strong, ” he said.

"So we hope the government will open up (the recruitment process) so that we can reduce the shortage of workers. So hopefully, by Sept 1, after the MCO is over.”

According to the company, the lead time to fulfill orders for gloves was now more than a year - which means if someone ordered gloves today, it would take over a year before the shipment arrives at its destination. Prior to the pandemic, the lead time was between 10 to 60 days.

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

WTF...1 year? by then you can have another 2 winters already...north & south

i meant if air asia is to survive...they have to buy a lot of gloves from supermax....

need to get the hidden msg ma...


Posted by super aloha > Jul 11, 2020 5:06 PM | Report Abuse

Probability,, here is glove superman forum... Not air asia forum... U lost direction and going to wrong forum

when air lines open up...gloves demand there will be even higher than hospitals.... but i dont think it will be anytime soon...may be another year before airline can function at half their capacity

cant see how airasia will survive

yesterday the cases was 237,000 worldwide

imagine a small country like Panama itself can record thousand cases in a day, do you think the current cases reported in India, Pakistan will not blow up like U.S?

do you think Indonesia can control it below 2000 per day?

the whole airline industry appears like certainly doomed....people will dare not travel

imagine if the funds are actually buying considering the next qtr results (in November) with some solid justification that it will remain that way till 2022 at the least...

anyone who came off from the boat will never be able to return back i guess

naysayers debating with factual information are always welcomed...

i have never seen them getting flagged in any i3 forum
.....................................................

but often 99% are just using 'psychological arguments'...and fill up the forum with garbage ma...

so of course, current shareholders will not welcome them...

coz its obvious because they want to buy cheaper or pure jealousy like vannes mentioned below


Posted by vanness_lyh > Jul 11, 2020 1:12 PM | Report Abuse

My comment to those who had taken profits from this counter, you got your money, take a break and enjoy your life.

Why are you still appearing in this forum and keep on spreading negative news? There're no second chance for you to enter this counter with cheaper price like last time anymore.

You will be killed by greediness.

Cosmetic surgeons see rise in patients amid pandemic

https://www.bbc.com/news/world-53341771

"My worry is that we have millions of people with COVID-19 now. And if in a year's time we have 10 million recovered people, and those people have cognitive deficits ... then that's going to affect their ability to work and their ability to go about activities of daily living," Adrian Owen, a neuroscientist at Western University in Canada, told Reuters in an interview.

Post removed.Why?

wa...now many acquired 6th senseing power...my basic 5th sensing also slowly fading...cannot see trading numbers clearly...

wah..result out today kah? If like that weekend wonderful liao...

US fund (still not yet sleep there) must be buying aggressively...no where else to park their money

the enlightened sifu...

Posted by freetospeak > Jul 9, 2020 6:36 PM | Report Abuse

2721...when my friends here alot of money is my greatest celebration and happines ah...i dun drink smoke eat durian eat lobster abalone...nothing to celebrate with also. Watching comedy with my wife is very happy celebration...lol

https://news.yahoo.com/acknowledges-virus-may-airborne-200525333.html

The World Health Organization is now saying coronavirus may be spread through the air more easily than previously believed, lingering longer and moving for further distances between people in an aerosol form.

After hundreds of scientists pled with the agency to consider the evidence in an open letter over the weekend.

If true, it could change how governments have been fighting the virus, including the one and two-meter separation rule many countries adopted for social distancing.

This was the WHO's technical lead for controlling the pandemic, Benedetta Allegranzi, in news conference on Tuesday (July 7):

"We acknowledge that there is emerging evidence in this field, as in all other fields regarding the COVID-19 virus and pandemic and therefore we believe that we have to be open to this evidence and understand its implications regarding the modes of transmission and also regarding the precautions that need to be taken."

The WHO was quick to say that the evidence is not final and they're expected to put out their most recent findings in coming days.


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

this explains why earlier in malaysia the Tablik gathering had infected thousands.

cant even stitch back...coz infected with covid on the floor

@free ah...meetings are not important (talk cock only)...whats important is super meets kossan soon

Kossan horse running far away!

super horse need some boost from charlest sifu..

https://news.yahoo.com/coronavirus-brazils-president-bolsonaro-tests-152023348.html

Brazil's President Jair Bolsonaro has tested positive for coronavirus.


Jair Bolsonaro on coronavirus earlier:
.............................

"From what I have seen until now, there are other kinds of flu which have killed more people than that [coronavirus] one" (11 March)

"Today we have information, that because we have a more tropical climate [in Brazil] we've almost reached the end [of the pandemic], or it's already over (...) the virus doesn't spread as fast in warm climates like ours" (18 March)

"After being stabbed, I'm not going to be brought down by a little flu" (20 March)

True, thats why South Africa is also very high in number of cases...

since Malaysia cases are very low and some declared its already 'successfully contained'....we shall now ensure everybody attend the mass prayers at churches and mosque all over the country...

Australia's second-biggest city under new virus lockdown

https://news.yahoo.com/australias-second-biggest-city-under-virus-lockdown-062814187.html

After the south-eastern city detected 191 new cases in 24 hours, Andrews said there were now too many incidents of the virus to trace and track.

"These are unsustainably high numbers," he said. "No-one wanted to be in this position. I know there will be enormous amounts of damage that will be done because of this. It will be very challenging."

Most school students will return to remote learning while restaurants and cafes will be limited to serving takeaway food.

"There is simply no alternative other than thousands and thousands of cases and potentially more," he told reporters.

TeamCrooked may be?

What happen to Kossan? Appear very angry today......Lim Kuang Sia must be reading charlest comments here

reality appears bitter i guess...that you need to stay with it the next 2 years?

guess you would like to close your eyes from the pessimistic reality