Supermax (SUCB MK, BUY, TP: MYR10.50) OBM = Lightning In a Bottle! Stay BUY Company Update Maintain BUY, higher DCF-derived MYR10.50 TP from MYR6.66, 32% upside and 1% yield. We organised a webinar with Supermax. Three key takeaways are that lead time has surged, exposure to nitrile gloves has increased, and products sold via its original brand manufacturer (OBM) business have inched up to 55%. We increase our TP after assuming better ASP and higher nitrile gloves exposure. Our TP implies FY21 forward P/E of 31.2x (20% discount vs sector average). This is justified due to lower market cap/liquidity.

this is rhb update this morning

oh is new TP a tot those ppl unethical let it go force selling after last week heavy no...

i collect bit then sell off liao for intraday trade coz cannot afford to hold more already hit limit on my account

freetospeak,I strongly feel that supermx shld only concentrate in glove rather than in contact lens...although have left the contact industry for years but to be frank i think they still lead by those ABC brand... likely wise if for me i buy daily item from Tesco but i nvr buy their branded food, same here for supermx in contact lens u want to selll think to those who cannot spend then they will choose who is the cheapest...

why early morning roller costal

tot will be 80cent only but today shoot 1 dollar... kena Kossan that day so i sell off my bit at 6.83 liao regret tomorrow start new again...

i guest MY is on prayer...not on investment so it wont follow the world out there.... hopefully today can get 6.48 just my tod///

any formula... this morning exchange harta with kossan... not sure worth as tomorrow everybody predict market down...

how to calculate limit up ya? will it limit up today... plan to go in abit

Sorry just to ask when stamp duty is needed n how to cal? i got my calculation all rite for supermx and comfort and other small value share but cannot calculate correctly on big share like topglove and harta

Report out 18 May