Windfall tax is unlikely. But hey, our politicians are short sighted and dumb. Who knows? Malaysia apa pun boleh lol.

Ts wong selling stakes in htpadu. Maybe only a small portion of NIIS goes to heitech?

unless someone with a huge influence like the us president saying: WE NEED MORE GLOVES!

I reckon that on the day of another vacinne annoucement like putin's, we will see uncles, aunties, pak ciks, mak ciks and sorchais panic sell. That's another opportunity to collect cheap for a quick rebound profit.

https://www.theedgemarkets.com/article/cgscimb-reiterates-add-call-target-price-supermax

"CIMB Research has reiterated its "add" call on Supermax Corp Bhd, as the company expects global glove demand to stay robust for at least the next 12 months while average selling prices (ASPs) remain on a positive uptrend"


EVEN CIMB ANALYSTS KNOW VACINNE WONT REDUCE DEMAND.

Public bank can keep for long term. 10-15 years. I am still very young. Can wait haha

@freestospeak ya. Around that figure. If pe = 15, 15×1.5 = rm22.5

FYE2021 easily more than RM1 eps. Even some research house analyst already gave an eps of about RM1.15. But i predicted it will be higher than RM1.15.

Next quarter more than 1b. Which means next quarter pe is about 10 if price still stay at rm8.95. Like maybank PE. What's funny is the coming quarters after the 2nd QR 2021 should be higher by 30-40%. Undervalued much?.

I hold until next year lol.

https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

@Samsingh LOL

Why they try to buy, they use fear.

Why they try to sell, they promote.

Think about it.

Mahsing with no prospects gets goreng looool

I m ok if u give a negative view on supermax. But AT LEAST give a justfication or a reason. Not bark on this forum like a retard.

If miss the run from rm 9 to 10 is ok. Because the upside in the mid term is rm 15

Save bullets. Wait post election and budget .

@liewtz06. You just exposed his sohainess.

Wow, i didnt know KYY's net worth is worth billions. Btw, i dont even read his analysis because idk who the heck he is.

@karimbokoss

I chased at RM 6.6 , RM 7.3 and 9.88.

How? I m waiting for my next top up at 8.5

and this new source has no proven record of credibility at all.

@mf *may*

Price drop but A/D indicator going up.

Those who say institutions are dumping baffles me :)

Only those bilis are selling while institutions arr quietly accumulating.

Fundamentals aside, if u look at just a simple technical indicator like accumulation/distribution indicator, it's actually on an uptrend.

@hengsame that is the most unhygienic doctor.

@myways even before the pandemic, naysayers r already out lol. When tg started a lawsuit against adventa for mispricing in assets in 2018, tg share fell a lot. Naysayers filled tg forum with half baked statements like here in spmx forum.

Out of aall glove counters. Supermax gets punished for good earnings hahahah

Pharmaniaga and Dpharma oso red. What happened to health counters today lol.

Vacinne counters and gloves are negative when bursa is green. Apa ini haha

Topglove got banned from selling in US. More sales to supermax?

I m still having doubts about whether to add more at RM9 range. Rm8.5 will be ideal. Yes i know, if u hold long, it doesnt matter. Preferably, i want to collect cheaper so that i have the room to manuever if shit goes down.

Want to fall , please fall straight to rm 8.5. Down a bit in morning then rebound a bit in afternoon. I have had to waste time just to see if it falls to 8.5 because i m so eager to collect at that price.

Klci rebounding.

Weak oil prices, us election , local politics issue anymore to add? Lol.

Temporary matter. Only short term traders get killed.

I m waiting at RM 8- 8.5.

Today drop is expected bcoz of us election. It's just FOMO in play.

DPHARMA also drop 5%. Vacinne or tax that caused the drop? Hahaha

Looks like march sceneario all over again. When gloves fall then bull run when market realizes gloves r still an essential item.

@ruzty there are no taxes. Just the usual panic because of us election and bursa falling.

Lower lower... i set RM 8.5

Bursa 1458. Supermax will follow the downtrend as well. Last week someone supported spmx at 9.3-9.45 range. If that didnt happen, supermax would have been RM8.5 by now lolz.

Central bank lowering interest rates = equities fly. Who wants to park their money in FD?

Below RM9 veli cheap.