I will be watching what spmxwill do with the excess cash once post covid.

@universeck. I agree after realizing this. But since the more than RM 1 eps is not priced in yet for spmx, with a pe of 20, we could be seeing more than RM 20. This is likely the last bull of supermax.

@jacklimeu. This stock thrives on growth not dividends...u want dividends go for maybank. Maybank didnt pay dividend last quarter.

Spmx CEO: Oiii why drop??


Hahahha.

Oh there's dividend? I must have missed it. I just briefly went through the report to get a rough idea of how it was doing in the past 3 months. 30 min read i already know it's gonna be good.

I m ok if they dont pay any dividends for future growth. Growth will be multiple fold as well as the share price if they don't DIWORSIFY. Like what peter lynch said.

Cash matters a lot. Profit is just numbers on paper.

Getting more than 1b is not a wow factor anymore because spmx is gonna achieve anyway. What astonished me is the amount of cash supermax mamaged to collect in just mere 3 months. 1.39 bil cash collected in 3 months!!!! from operating activities. I foresee cash and cash equivalent balances will go higher. Can u imagine what spmx can do with such a huge amount of cash??? Spmx can acquire any medical businesses easily not just acquire glove businesses or buy a land to build another manufacturing facility for gloves. The future really depends on how spmx utilize that excess cash post covid.

@themeg he's a not a singh. Hiding behind a singh name. I think i know what skin colour hahahah

Better ignore them. They need attention. Attention is like oxygen to them. U cut out attention, they die.

I think those who invested in topglove before covid would have seen a lot of sour grapes on tg forum when it gap down a lot back then.. saying it will go further to rm 1.

Long term wise. Supermax will prevail over tg.

This reminds me of the topglove lawsuit before covid in 2018. Naysayers start flocking tg forum before it went up 4.5 fold during covid. I had my last laugh.

@papasmurf. Supermax is going to be listen on the main index. Which means it will be on the radar of big funds and index-linked funds.

@Samsingh why is it irrelevant? It's obvious u have to make a new account to say stupid stuff instead of showing your real account.

Ofc long termers accumulate la.. idk why these naysayers come here kao peh kao boh or pompiang pompiang when we r buying for long. Not for mere 10-20% gain.

@Samsingh why r u using a new account?

Have to wait for us election to over. There will be more coronavirus cases during election.

Look at those naysayers comments history. Only few comments. Same person with new account.

If big fish plan to sell there will be a big buy queue lot worth mils with only a few buyers lol.

Harta is just pleasing its shareholders in the short term. That wont bode well for the future

@influenza 19. I think spmx is focusing on long. Spmx is reinvesting dividends to produce capital gain for long term holders. This stock is slowly becoming a long term growth company

1.09 x shitty pe of 20 = RM 20.09.

EPS more than RM1 for FYE2021 is darn obvious given how strong q1 result is.


"Affin Hwang Capital analyt Ng Chi Hoong also raised his EPS estimates for Supermax for FY21-23 by 50.4%-61.7%, with higher assumptions of ASPs of rubber gloves. He expects Supermax’s EPS to shoot up to RM1.09 for FY21, but more than halved to 45.9 sen for FY22. The company’s EPS stood at 19.3 sen for FY20."

- theedgemarkets

@nononsensehere Yea. Damm f up.

Someone is surpressing the price.

Bursa market logic :

harta a weak management gets a pe of 60.

Spmx has a good management gets a pe of 20.

Looool

Spmx capacity is smaller than harta but able to achieve 1.4bil in revenue while harta achieved 1.3B. Let alone profit margins.

This speaks a lot about which company is doing really well.

@kltower ok thanks. Will do :)

HAHAHAHA. supermx managed to get 60% profit margin. Cant compete blame asp LOL

Btw, from spmx management team, thry said ASP expected to increase more.

From harta company :

Slowing down of ASP growth. We notice that the
momentum of ASP growth has slowed down significantly
under Original Brand Manufacturing (OBM) level in Oct as
compared to few months back. Thus, we deem the ASP has
reached its peak level as OBM naturally enjoys the price hike
ahead of original equipment manufacturer (OEM). This
happen partly because of stocking up practice, accelerating of
vaccine development, and massive supply from Thailand &
China.

@kltower what happened to MSM ? Mind sharing

@kltower Agree.

market sentiment isnt good either. Looking forward to the day after us election :)

Back then was vacinne which caused the huge selldown.

Supermx didnt get slaughtered after qr. More like flushing out short term sellers. I thought it would drop to 8.5 in the morning. But nope.

Kenanga TPs are accurate. That's why they are one of the best fund managers in the malaysia, averaging 10% a year few years back. CIO with a cambridge degree .

Higher asp not reflected. Expecting more than 1.2B net quarter. Using only 1bil for qr profit would result in 0.83 for trailing eps. 0.83 x 30 = RM25. Supermx future value is RM25 AT LEAST

This counter is worth more than RM15. So undervalued now.

Walap so fast reach my top up price. Was expecting to top up at RM9 lol. Not gonna top up more now. Save bullets.

@Primeinvestor smart money? R u high lol.

It's only a matter of time before we se a huge gap up because of fund pouring into spmx. This will show a long volume stick on the charts :)

If u buy high or top at 9.8 relax. U can dollar cost average. Most of my holdings r below 9.8 , so my actual value is not really at 9.8 haha. Benefits of dollar cost averaging. Only use this for goos companies

Supmx is definitely on their watchlist

@Atarah us election is near. Prepare bullets.

Almost whole klci red. Us election is nearm

This quote only applies to good stocks like spmx

Be greedy when others r fearful, be fearful when others r greedy.

@SSTT Wont crash. More like flushing out. We got IBs and uncle and aunties.

Remember the Put warrrant that went up when supermax was going UP????? In around july. Uncle and aunty power strong

Higher asp not reflected yet. We could be expecting more than RM 1.2 B

Stop buying at this range. I am saving bullets for buy on dip if more uncles and aunties start selling.