Supermax currently looking to increase penetration of their gloves to US that have high demand of gloves. This is because, Supermax believe they can grow their glove production as high as 100% in that region as proof by other gloves manufactures that have received excellent demand of gloves in US.

https://www.thestar.com.my/business/business-news/2023/11/30/limited-gain-for-glove-firms-from-china-outbreak

The moderate but encouraging revenue uptick in the preceding 2 quarters could not be sustained and revenue eased back as demand and ASPs again waned amid stiff competition in a contracted market.

it should be higher mfg cost come with higher selling price.

Glove direct selling price at US, can refer to web site such as us amazon rubber glove web site

https://www.amazon.com/bulk-rubber-gloves/s?k=bulk+rubber+gloves

Glove direct selling price at US, can refer to web site such as us glove nation,com

https://glovenation.com/

Most of the new player cost of production are around $ 40 USD. ASP $ 30 - $ 35 USD are good enough to kill off most of the new comer. my 2 sen.

Assume ASP $ 35 USD, Supermax Year 2024 PAT can reach RM 800 milloin per year. which is EPS is RM0.30, Apply PE 15 = Fair Value is RM 4.50 for Supermax. My 2 sen.

If I am Supermax boss, I will give at least RM 0.65 dividend in the form of cash or shares between year 2020 to year 2022. To reward those long term Supermax shareholders. Because pre covid, Supermax share price is RM 0.65 per shares. Therefore, all the long term Supermax shareholders can continue to hold Supermax with zero capital. My 2 sen.

KYY now in MMCCORP, he left glove counter.

If Supermax PAT RM 4 billion in Year 2021. Cash per share may reach RM 2 for Supermax. Therefore, Supermax share price really can go as low as RM2. Supermax better go for privatization. IPO again Year 2026 with PE 15. Big Boss win all.
1) retailer at high floor loss money.
2) IB can not issue call warrent for 5 yrars also loss many billions.

careplus result ok for me.

since years 2009 , I force myself buy at least 500 units glove shares every month after I received my salary. today my financial position same with the glove company, in net cash position even glove share price drop more than 50% from the peak. Dividend received yearly equal to my few months bonus. i will continued to do the same until i retired at 60 years old. Do your right planning, you will get your right reward in end.

more than 20,000 people before mid night. 20,000 people buy 1,000 shares = 20,000,000 shares. United is power.

10,000 people buy 1,000 shares each = 10,000,000 shares. united is power.

Share dividend credit into account at 5th Jan 2021

below RM 3.40 now. Test major uptrend line soon,

below RM 3,50 now

My opinion, if Supermax can hold above RM 3.30. share price up trend still intact.

below RM 3.60 now, 20 sen gone in less than 30 minutes

Fund manager adjust their position based on CIMB report

share price go below RM 3.80 after CIMB research house downgrade Supermax

https://www.thestar.com.my/business/business-news/2018/08/30/cimb-research-lowers-supermax-to-hold-after-weaker-earnings/

Time to say good bye to my darling myeg; today clear my last batch myeg at RM 2.60++. I will remember u forever.

agreed with AT

merger may call off; existing business still on going; expected rebound to RM 2.20 soon

correction, is holding power

RM 1.85 per share only for long term investor; this counter likely to go lower for next 6 months, avoid if you do not have holding counter.

thanks for the update :))

AmBank Head Office plan to move out after tenancy agreement expired. Reason to save rental. Anyone can confirm????

Hwang will look like OSK?

Sold off at 4.3, no profit $$$

12 Oct 2013 is expired date see bursa news: 'BNM's approval to commence negotiations is valid for a period of 6 months letter dated 12 April 2013.'

Affin buy 100% investment bank; 70% of investment management & 40% islamic of investment management. this mean book vlaue RM 3.70 need to adjust lower.

hwang will let go the business to affin at price RM 4.35