Ok all Supermax supporters and bag holders, according to Aunty GF(reading between the line), shortists are currently buying back to cover short positions at this low price. So pls hold tight tight and don't allow them to buy cheap cheap to cover their back side.

Aunty GF, don't bore us with your outdated comments la. Come up with something more current and critical if you want to stay relevant as a naysayer here.

MM, Supermax is the biggest glove supplier to US now , taken over part of TG market share in US due to the CBP ban. Supermax as an OBM biz have enough profit margin to buy from other overseas OEM manufacturers to cover for any shortfall due to the EMCO shutdown in Selangor factories. So US glove supply probably not affected by our shutdown.

This morning green is good sign that glove may have finally reversed the downtrend for the moment. However, continue to be cautious. Don't chase high or contra play. Supermax retailers/supporters should contunue to hold tight tight and don't let go cheap cheap. The long hauler can slowly nibble the shortists shares up, buy and keep, slowly short squeeze them. Don't cut loss or earn nasi lemak profit, but collectively hold for >5.0.There's so much to look forward to as below:

1. potential sbb by Stanley, so cheap for Stanley to SBB now.
2. potential FF coming in to average down their investment
3. potential good dividend reward for end FY21, so much earnings to distribute. Better than FD
4. potential OGM deals updates, with coming wave the urgency for strategic supply chain will be
higher.
5. potential US expansion update. Such expansion would now be seen as a smart move in light
of current halted operation due to EMCO. Cannot put too many eggs in one basket.
6. Potential suspension of RSS due to worsening economic conditions for retailers. 580,000 MSME
owners will collapse if lockdown persist. Many of them likely to be retailers at Bursa. FM need to
assist by suspending RSS like last year.
7.Covid coming big wave could wreck havoc to the global healthcare system worse than previous
waves. ASP may start rising again due to acute glove shortage. Remember 80% of the global
population have not been vaccinated yet. This time it will hit many more countries which were
spared in previous waves much harder, and infect wider demographics of the population, therefore glove demand from these new markets will be exponential.

With FPE of 2.5 at current price, there's nothing much too lose. Whereas all other sectors will be hard hit, gloves will continue to earn supernormal profits

Yup it should be across the board. 3-5% should be reasonable for this pandemic period.

I think u guys are a bit worked up over the old man's words and he is not even part of the Gov't cabinet. The FM has said windfall tax is not on the card. Even if the changed his mind, it may just a 5% windfall tax on all profitable sectors across the board, not just the glove co. The burden must be equally and fairly shared. You should not unfairly burden just a few companies by taxing them unreasonably, that is not a wise move that would have wider repercussion. A 5% windfall tax would be about similar to the 75mil donation paid out last quarter.

CBP issue would not affect Supermax. With the cases set to seriously rise around the world, glove shortage will become even more acute, therefore ASP may rise again, together with profit. Global vaccination is only around 20%, With newer more powerful variants popping up every 3 -4 months, vaccines would struggle to keep, so is global vaccination.

Its a ok to have the windfall tax but within reasonable rate, such as 5% on taxable income. on top of the 26% income tax.

yup pjseow , good point, the scaring away FDI factor is critical. Gov't never lift a finger to help the glove makers, so shouldn't impose windfall tax. They impose windfall tax now, most glovemakers will shift out immediately.

@monetary check lazada n shopee nitrile medical glove price. they raised the asp alrdy.
14/07/2021 8:32 PM

The way Delta is ferociously infecting every country around the world, the medical gloves shortage will be so severe that ASP may rise even more than the previous waves. This time gloves will really be diamond.

Wow Indonesia today 54k+ cases. Today global cases should see new high

Yup, u can see more supporters coming back now. Most were annoyed and stayed away.

Just give another donation is ok la.

Just ask him to retire and diam diam la

https://www.straitstimes.com/singapore/health/41-new-covid-19-cases-in-spore-linked-to-ktv-cluster-including-passenger-on-dream?utm_campaign=stfb&utm_medium=social&utm_source=facebook&fbclid=IwAR3-OcKz0tyFxEFNruognCGvd8pk0vh5plpqh-yv-kbdrS_TShyYtOmtMmo

41 new Covid-19 cases in S'pore linked to KTV cluster, including passenger on Dream Cruises ship
------------------------------------------------
Singapore pre-opening special cluster. Ibelieve, pls take care if you read this.

Haha pjseow, i thought so too. This guy has no balls, and about to lose his kuku too. He kept repeating coz he knows his days are numbered. With 65sen/post, he is trying to earn as much of his nasi lemak money before too late. After the QR out he will disappear into thin air, maybe come back again with a different ID. If he got any dignity at all he should come back as MommyHomeMaker.

MM don't disappear when next QR out ok, U need to prepare ur kuku for chopping board and wear the MASSCARA.

@imvu khamis / jumaat akan buat satu candlestick hijau limit up .
14/07/2021 5:29 PM

Now look at Covid TA more important. Any long green covidstick will guarantee Supermax will have long green candlestick.

Likely Supermax price will catch up with TG soon.

https://www.theguardian.com/world/live/2021/jul/14/coronavirus-live-news-south-korea-tightens-curbs-again-amid-record-cases-interest-in-tokyo-olympics-muted

Netherlands cases rise by more than 500% after reopening; South Korea tightens curbs.
----------------------------------------------------------
After opening up, more ppl will be going to Holland. Even ppl in Holland will be going to Holland. More ppl in US and UK will soon go to Holland too, once open up. Soon the shortists will also go to Holland.

Thanks to the collective efforts of all supporters to hold and not sell cheap cheap to shortists, Supermax price has held up quite well today.

Good for u. Every share counts.

Continue to #holdSupermax>5.0
Those with extra capacity can nibble at the dips, don't chase high. Don't contra play. If bought then hold for >5.0.
Don't sell cheap cheap to shortists to help them cover short positions. Let them buy at high price later.

If numbers keep going up for Msia, then FM really have to suspend RSS to help retailers whose real biz are really affected.

Mexico jumped from 3k to 11k....another shift from 4 to 5 figures. Death jumped from 89 to 219

Continue to #holdSupermax>5.0
Those with extra capacity can nibble at the dips, don't chase high. Don't contra play. If bought then hold for >5.0

@https://www.marketwatch.com/story/who-head-slams-countries-for-ordering-millions-of-covid-booster-shots-when-much-of-the-world-has-not-even-vaccinated-the-most-vulnerable-11626186284

WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable
--------------------------------------------------------------------------------
This will further delay the global vaccination rate.

Continue to #holdSupermax>5.0

@https://www.theguardian.com/world/2021/jul/14/its-just-like-flu-misinformation-and-fear-hamper-papua-new-guineas-covid-vaccine-rollout

It’s just like flu’: misinformation and fear hamper Papua New Guinea’s Covid vaccine rollout
More than three months after the first vaccine was administered, less than 0.6% of the population have received their first dose.
----------------------------------------------------------
Don't let the naysayers misinfo mislead us here too.

Pfizer, the pharmaceutical company that created one of the first Covid-19 vaccines to be approved, has been making a hard sell for emergency approval of boosters – additional doses given to those already vaccinated, especially immunocompromised adults.
---------------------------------------------------------
I think Pfizer is absolutely correct to make this hard sell bcos they know that the immunocompromised ppl are the fertile ground for the growing new more powerful variants. Unfortunately, CDC and FDA would not agree as it would distract from the focus and priority towards the unvaccinated ppl .

Yesterday was a recent new milestone for global daily new cases crossing the 500k mark. 13 countries now are in 5 figures, including our very own, but nothing to be proud of though. Whereas 44 countries are in the 4 figures mark with 6 countries nearing the 5 figures mark. . Seems like Delta variant is quite fair and equitable, as it is slowly making sure no countries are being left behind. Soon there will be no more penny Covid stock countries with <100 daily cases, and the upgrading is happening very fast.

The most shocking numbers yesterday was Spain. During end of June it was averaging ard 3k. The day before was only 11k. Then yesterday shot up to 43k. This is the strongest show of strength by Delta since India meltdown. Don't play play with this variant. I shudder to think what will happen when it mutates further later.

U r welcome Jef3880. keep holding >5.0 . If u have extra capacity can nibble on dips but don't chase high.

In due time, Supermax will lead the rise.
Imagine by end 2022, capacity will double and profit will double

Harta has dropped a lot recently, more than others, so its catching up time

#HARI HARI TURUN SIKIT SIKIT, LAMA LAMA JADI BUKIT

#HoldSupermax>5.0

Good point myinvestor, so the conclusion is that vaccines by itself do not reduce the infection rate of a country, but personal responsibility of the individuals within the population and proper SOP in place by the Gov't will help to reduce it. It's important to reduce infections amongst the vaccinated in order to reduce the chances for the emergence of new variants that can evade the vaccine. Successful mutation of new variants normally happens in those who have weaker immune system, or immune-compromised person. Therefore, even if such a person is fully vaccinated, there's a chance he may not be able to produce sufficient neutralizing antibodies to fight Delta variant, and that may give the virus a chance to mutate and overcome the antibodies, thereafter an even stronger variant will emerge that can escape the vaccine.

Beary, I heard a rumor we may be touching 20k soon. But maybe its only a rumor.

SOTB, on the contrary, I actually shed a tear just now for the 864 deaths there today. I said the WoW with trembling lips and overwhelming sadness actually.

ToneeFa Country use to have tens are hitting few hundreds, and those that used to be few hundred are now hitting few thousands. Delta can easily add 1-2 zeros to their daily cases numbers. Soon there will be no more penny stock Covid, ie <100 cases.
13/07/2021 8:24 PM

Wow Indonesia is hitting record numbers now. 47k. This is the new trend of Delta around the world soon.

haha...technically yes, but its a matter of choice of term used , "purposely" would seemed a bit cruel and cold hearted, but perhaps "necessity" may sound more as a matter resolving a difficult dilemma.
13/07/2021 8:17 PM

Yup Beary, I think its not so much of they "purposely", but due to no choice , bcos most Gov'ts have been going to one extreme to lockdown for too long, resulting in too much economic damages. So now with some of the population having vaccinated, there's a need to find a middle ground to balance between life and economy while slowly moving towards herd immunity, to allow for some economic recovery. Unfortunately, in the process, some lives have to be sacrificed, either due to individual weakness or overburdened hospitals facilities.

https://edition.cnn.com/2021/07/12/health/us-coronavirus-monday/index....

As the Delta variant rapidly spreads, US hotspots have seen climbing cases -- and an expert warns a "surprising amount" of Covid-19 deaths could soon follow.

The US is averaging about 19,455 new cases over the last seven days, a 47% increase from the week prior, according to data from Johns Hopkins University. And a third of those, CNN Medical Analyst Dr. Jonathan Reiner said, come from five hotspots: Florida, Louisiana, Arkansas, Missouri and Nevada.

"In places like Missouri where ICUs are packed, you're going to see a surprising amount of death," Reiner said on Sunday.

At Mercy Hospital in Springfield, Missouri, 91% of ICU patients are on ventilators and many are in their 20s, 30s and 40s, Chief Administrative Officer Erik Frederick told CNN Saturday. That is especially concerning, he said, because at the peak last year there were only 40 to 50% of ICU patients on ventilators.
--------------------------------------------------------------------------------
Many 20,30 & 40yrs are on ventilators. This is how serious Delta is. In coming months things will get much worse in US. Covid tsunami gonna hit US soon.

https://www.theguardian.com/world/2021/jul/12/devastating-who-scientist-condemns-euro-2020-final

A WHO scientist has said watching unmasked crowds singing and shouting at the Euro 2020 football final in London on Sunday was “devastating”, and expressed concerns that it would spur Covid-19 transmission, including of the Delta variant
----------------------------------------------------------------------

Some naysayers here are more expert than WHO, saying Western countries now can go back to normal life with stadium full of crowds without mask and gloves.

https://edition.cnn.com/2021/07/13/health/us-coronavirus-tuesday/index.html

A 'tidal wave' coming toward unvaccinated Americans
The rate of infection among unvaccinated Americans is so much higher, CNN Medical Analyst Sanjay Gupta said Monday, that America will soon more from a divide between vaccinated and unvaccinated populations to vaccinated and infected.

n St. Louis County, Missouri, officials said new cases have increased by 63% over the past two weeks, and County Executive Sam Page said, "a tidal wave is coming towards our unvaccinated populations."
Covid-19 related hospital admissions rates increased by 36% over the past two weeks in the St. Louis metro area, according to a report from the St. Louis County Public Health Department.
"This variant is spreading quickly, and this variant has the ability to devastate those in its wake, and that is why it is so critical to get vaccinated now," Page said.
------------------------------------------------------------------------
Covid Tsunami is going to hit US soon in the States with low vaccination rates.

https://news.sky.com/story/covid-news-live-england-lifts-all-coronavirus-restrictions-on-19-july-but-minister-says-one-never-knows-if-its-irreversible-12354097

WHO says world nowhere near through worst of COVID and tells UK 'it's too early for massive relaxation'
----------------------------------------------------------------------
WHO just confirmed what I have been saying all along, that the worst is yet to come. The naysayers who keep saying the pandemic will be over soon this year, are you more expert than WHO?

With the Delta variant ravaging the whole world now and newer more powerful variants will inevitably appear in coming months that will escape the vaccines, More countries and wider demographic of population will be seriously affected with record hospitalization and death. T he glove demand will increase and shortage will become more acute, even with new players coming in will not affect the ASP very much in the next 2-3 years. Supermax will continue to earn supernormal profits for the next 8 qtrs.

@monetary Latest net short position TG 2.7 SP 2.42. Apparently short is covered without significant price change.
13/07/2021 5:30 PM

That's why all retailers/bag holders must hold tight tight and don't cut loss at this cheap price or sell for nasi lemak profit. Those with long haul capacity should continue to nibble as the price dip and hold. Don't give chance to the shortists to cover back cheaply. Hold till >5.0. Better days for Supermax is just around the corner. Coming QR net profit will be around RM 1,000,000,000.00 . How many company can earn that around this time?