congratulations, winners!!

Super_newbie
I have a good friend who refuse to take profit for supermax at RM8.00-RM9.00. I have told him the highest point is RM9.30.

He didnt listen. At 7.50- 7.80. He still argues with me to not take profit. Then, i told him i respect that.

Yesterday, i texted him Reminder!!! supermax is RM8.20. Look out for exit point in two days.

He told he cannot stand it and took profit at RM6.80 on his own call

His average is RM2-3 for supermax.

I said i thought u gonna keep forever . He say he cannot tahan.i told him the game will get busier for u.

I have never been loyal to a stock, the journey is the one who me richer, not the plane. Choose the journey and not the plane.

Moral of the story YTH say buy, you Must buy.
YTH say sell or take profit, you Must take profit.

Every price fluctuation, i take advantage. How i wish i can even buy a stock going down...

Super_newbie i bought your panic sell tickets. Thank you. 120k in three hours because of your contribution. TQ



super_newbie @YTH888, lol.. I'm team A on glove counter lah, where got spread fear, I've been cut loss and suffered losses too on HLT prior the qr released. Anyhow, different people have different valuation, no hard feeling please.
01/07/2020 10:22 AM

Please look at the glove prices and understand all the mechanics. Understand where the shark gonna buy and be there before them. Swim with them. Not into their mouth.

Top 4 fully valued. U think the shark collecting top 4.

They are collecting careplus, HLT, comfort.

0.690 I am buying more...

It has been two weeks of Red Sea in glove. Shark also need to eat. How to eat when starving for two weeks?

Starve the third week some more...OMG

JT5774 I buy when everyone don’t dare to buy. Reverse always makes the most profit.

Three hours make 120k. I think nobody try before. I see portfolio at night, can laugh while sleeping.

HLT buying rate is 51%. Good job.

Next time, try target buying at 20-40% buying rate. That time you buy, you see the power.

Stock market is supply and demand game. Understand supply and demand well.

Shark is collecting now. Stupid dumb dumb selling to shark.

Hello everyone, does not make sense for HLT to be undervalued when supermax is RM8.00. Harta 13.20. Top glove RM16.22.

All top 4 glove fully valued and HLT is undervalued.

The biggest winner is the die die hold people.

Because I have hold AirAsia for two week. 300k value. Everyday I see 20-30k loss. For the past two week, red until I see blood. 15% loss. Bought first time 0.89 and average down to 0.88.

After two weeks of crying, today is Green Day. Profit at 20k.

This is the power of die die hold.

Supernewbie
Look at careplus, you will understand that why fundamental is not importantly anymore, 1 mill net profit per quarter also dare to show.

My company make more money than them. Careplus 1 mil net profit, price still RM1.42. PE 190.

Look at the daily graph. Purposely pull down the price at 4pm. This is 4pm action. At 4pm, price at RM7.15.

One hour of price going down from RM7.15 to RM6.75 also have to cut loss already.

One hours of stupid price action also cannot tahan. How to make money? Go home and sleep better.

Actually, I spread fear at supermax make me collect cheap tickets and make money faster than me spread positivity.

U need to monitor everyday all gloves everyday and all day to understand the whole game.

If you don’t understand, you become shark bait..

Now is the shark eat shark time. U decide u want to become ikan bilis or fight with the shark.

Super_newbie
Of course here. Made more money at current price from HLT than top 4 glove. All maximum price action reflected in current price. Only HLT got room to grow.

Total profit from glove
TG 50k
Supermax 150k
HLT 100k

When TG hits RM19, this HLT is the biggest flyer. Scared for what.

The one who want to collect cheap will be the one who advise to sell..

Good job super_newbie on spreading fear
I prepared another 300k to buy your spread fear price. Thank you for your help.

Some people who play glove never learn their mistake. Want to cut loss and cut win until when.

Go up, then buy.
Go down, then sell.

Being played by shark, panic sell then shark collect at
RM6.20-6.80 for supermax
RM14.80- RM15 for top glove
RM11.80-RM12 for Harta
RM0.58- RM0.60 for HLT.

Always panic sell to shark. Those who start glove 1-2 months before, still haven’t learn their lesson.

Wow, must be really stupid. Always fresh retailer in glove.

I bought genting and AirAsia. Still losing position, all other stock beside glove is all still red.

Your only way to make money is glove. Or else, you make a loss.
.............................................................................................................................................

Only in glove can make good profit.

Highest price
.....................
Harta RM13. current price RM13.12. Win is 0%
Top glove RM18 on result day. current price is RM16.38. Win is 5%.
Supermax RM9.30. Current price is RM8.30. Win is 12%
HLT highest price RM1.00. Current price is RM0.73. Win is 36%.

I just bought RM0.73. My target price is RM0.95-0.99.

Still losing money at 7.53% loss. Losses at RM16,500.

Bought about 220k-300k value also don’t want to cut loss.


Please learn your lesson before u become retail investor.

Better late than never, today is 15 win day.. Was in yesterday today.
Bought on Friday. Sold yesterday . Today buy again.

Today closing is RM0.85. Watch and see..

You know I am back, means money to be made today :P

Just bought 300k value of HLT. At 0.73

The last time Harta hit RM13.00. The same day HLT limit up, HLT was at 0.99.

I remember That was a Friday.

I just bought RM0.73. Saw all the prices for glove. If u buy today, only HLT can make money.

Harta RM13 current price is RM13.12. Win is 0%
Top glove RM18 on result day. current price is RM16.38. Win is 5%.
Supermax RM9.30. Current price is RM8.30. Win is 12%
HLT highest price RM1.00. Current price is RM0.73. Win is 36%.

Secretinvestor888, kimgold i think you guys have to stop. They are all adults. Just leave them alone. Their investment decision has nothing to do with you. They lose money, they will blame you and they win money, they won’t thank you.

Wiser for you to make better use of your time to research new stock, enjoy time and enjoy life=)

Your investment decision has nothing to do with me. I have done my job. Signing off.

i am not Tan88

wow, 6.55% rebound today. thanks mr dow jones

bear cannot win. retailer won. i call retailer to rise.
tallman Chart wise not looking good. Unless break through RM8.00 otherwise remain bearish.

good run today, fresh faces.
Fishningen Trading volume increased today

In your dreams. Chop you..
Tan88 7.30 is the chance to selling, the trend will go down to 6.xx - 5.xx soon

Always fresh investor come in. Run of industry for them to put their money.



Henry8833 After this sell down, many investors lost monies &confidence and many waiting to sell. Big funds or operators will buy slowly from weak holders (usually called consolidating) until next catayst, eg quarterly reports, inclusion of FTST syariah etc. Be patient lah. Increase is about 30 sen is good already. Still in consolidating stage, or ding dong ding dong for few days before it can move back to RM 8.

Already tested my theory mah.all retailer, no shark. Don’t need to be scared. Every red you buy, every green you sell. Easy money.

Those RM3-5 Long term boys, will never sell. They already like die hard hardcore fan already.

Hahah. Better than people shout buy and later shout cry later.

4% is FD yearly rate already. Still cry ah?

Stay invested. Then, you watch show. Or else, you sleep at home.

You think this is investments or casino?

Of course investment. Market news has nothing to do with glove. We stay at RM7.10-RM7.50 range.

I SXXXW you IB Kaw kaw!!!!

Tomorrow, I show you what is the rise of retailer. I make IB buy from me at RM7.40-RM7.60. Hahahaha!!!

Tomorrow, I show you the power of retailer. :)

noobietrader69 Moral of the story from YTH888 drama, never listen to anyone in this forum.

I make everyone wait for next result at RM7.40- RM7.60 is the best thing ever.

Need to have drama to test shark. If not, two month, everybody cannot sleep.

My method, everybody sleep soundly.

Don’t fight your way in. Please queue. Have manner and please say thank you. No swearing in the forum.

You mother don’t teach you. Sifu teach you to have manners and please be nice and how to make money.

Don’t be mean if not. I will shoot u!!!

Engineering profit this game only retailer. So fun. Tested my theory. Safe to park money!!!!

Secretinvestor888
U siow siow one ah you. This is not HLT.
Top 4 glove and 71mil. 100% profit growth.

Buy 1st batch now.RM6.87.
Buy 2nd batch if fall somemore
Buy 3rd batch if fall again. At least prepare 5 batches of money.

Like that, your ave prices is RM3-5. No Need to buy RM7.00 next quarter.

You choose ave price at RM4 or RM7.00?

Last one in get the most expensive price.

This is how you Make money from bear market. Average down until you got lucky and Bulls.

At least, you can make money while waiting for next quarter to Come.
We all wait for next quarter at RM7.40-RM7.60. Nobody allow to sell until next quarter. Need to wait two month.
Break promise.
Sifu forever don’t give you tip to Make money.
Forever, you disappear from supermax forum.

RM4 to RM7. Profit already 75%. You choose?

Secretinvestor888 you talk some more. I will chop you..

Don’t BUY CALL and how make my Supporter the most profit. How to become their sifu.

I time to buy and I time to sell. I already know Dow jones is slumping. Everyday shout sell 6 days, you give me good discount. Tsk tsk. Oh yeah!!!

Buy your First batch NOW!! Total got five batch ah! Your target price is RM9.30.

Last one in, get the MOST expensive price.

Like that, only call maximum profit. When you chase high. Next quarter, i easily sell to you at RM9.30.

TG also drop 10.06% on 200% result. Buy TG only can reach RM20 next quarter. 33% win.

Supermax drop 13.15%. I am collecting tomorrow. Make 20% easily next quarter. Sell RM8.24

Buy Red and sell Green.

Tomorrow sell me RM6.30. I Make 30%. Please sell me!!!

I wait longer. Sell 10.90. Buy RM6.30. I Make 73%. OMG!!

Please sell.

Thanks Mr Dow Jones.

I troll so i can collect cheap at RM6.87. Reach RM10.90. Good profit. U guys kena tipu by me. hahahaha!!! Tomorrow morning u Check buy queue...

TP:10.90 Buy

Supermax Corporation - Expansionary Mode
Date: 10/06/2020

Stock : SUPERMX | Source : KENANGA
Price Target : 10.90 | Price Call : BUY
Last Price : 6.87

Close
In an announcement to Bursa Malaysia, SUPERMX disclosed that it is buying another piece of land for RM21.8m which is located within the vicinity of its Klang Maxter Glove plant as well as two other pieces of land purchased recently in April 2020 and July 2019 which should yield operational synergies. We are positive on SUPERMX’s improving earnings visibility due to the scrupulous execution of its expansion plans. More importantly, recent land acquisitions underlined SUPERMX’s commitment towards future growth. TP is RM10.90 based on 26x CY21 EPS of 41.9 sen. Reiterate OP.

Buying land for RM21.8m. In an announcement to Bursa Malaysia, SUPERMX’s wholly-owned Maxter Glove Manufacturing Sdn Bhd is buying a piece of industrial land for RM21.8m measuring 5 acres (218k sq feet). The acquisition works out to RM100/sq feet which is about 9% more expensive than the previous adjacent acquisition at RM92/sq feet purchased back in Apr 2020. With the latest acquisition, the enlarged land tract and subsequent expanded facility within the vicinity of its Klang Maxter Glove plant should yield operational synergies and greater economies of scale. Specifically, the land is located between Plant 12 and its nearby factories in Klang. Based on our estimates, the size of this piece of land can house one plant with an estimated capacity of 4.7b pieces per annum. The RM21.8m land acquisition and estimated capex of RM60-100m for plant and machinery will not have any material impact on SUPERMX’s net debt and net gearing of RM254m and 0.2x, respectively, as at 31 Mar 2020 which will be further reinforced with operating cash flows averaging RM380m per annum over the next two years.

Outlook. Supermax is expected to gain from higher margins from both its gloves manufacturing and OBM distribution due to abnormal demand and acute supply tightness. Amplifying the pent-up demand, buyers are paying between 30% to 50% deposits in advance to secure glove supply and timely delivery. Supermax expects the heightened demand to continue for the next 1 to 1.5 years. As demand picks up, containers are shipping at prices higher than preceding months. Plant 12 consists of Block A and Block B, each consisting of 8 double former lines with 2.2b pieces each (total 4.4b pieces). As of now, for Block A, its remaining 3 lines started commissioning in end March 2020 on top of the 5 lines already in commercial production. For Block B, all 8 lines are expected to be fully commissioned by 2H 2020. Upon full commercial production by 2H 2020, installed capacity will rise 13.4% to 26.2b pieces per annum.

Undemanding FY21E PER valuation compared to earnings growth of >100%. TP is RM10.90 based on unchanged 26x CY21 EPS of 41.9 sen (at slightly above +2.0SD above the 5-year historical forward mean). We like Supermax because: (i) the stock is trading at an undemanding 21x FY21E EPS compared to expected earnings growth of >100%, and (ii) of its OBM model, where it can extract higher margin from distributor prices, compared to the OEM model at lower factory prices. Reiterate Outperform.

Key risk to our call is longer-than-expected commercial operations of new plants.

Source: Kenanga Research - 10 Jun 2020

Supermax: Buys RM22m land in Klang for future capacity expansion . Supermax Corp is buying a 2.02ha plot of land in Klang, Selangor for RM21.8m for the future expansion of the group’s manufacturing capacity. It entered into a sale and purchase agreement with two individuals, Goh Chee Seong and Lee Ah Mooi, for the freehold land in Meru, near its existing cluster of manufacturing plants. "While the valuation report for the adjoining land supports a market value of RM19.7m, a higher valuation was accorded to the final purchase consideration of RM21.8m after also taking into account the synergies and efficiencies to be gained from an enlarged integrated manufacturing complex," the group said. (The Edge)

Glove is the only counter that I dare to put money in. Defensive. Soon, it will be no safe counter. Glove is the safest. Profit driving the price.

Either glove, gold or cash.

Kimgold, thank you. Capital preservation is NO.1 for me.

I wasnt born 20 years his senior. I am 32 and he is 53. Hahahaha!!!

He lost half his money. I ask him sell, he say how to sell i am at 600k loss.

I wished someone told my family friend to sell mudah Jaya at 2.30 15 plus years ago. I would thank the person.

Now, mudah Jaya at 0.30. He lost half his net worth. Waited for 15 years. Found one Time in 10 years Come very close to his breakeven point.

He didnt sell at that. Now he is still waiting.

I am stuck at RM7.79. I Will sell on Monday. 40k to me is nothing.

Newbie, just sell. One week from now, if you get find good exit. Break even, no win and no lose, you sell.

Newbie, you SELL. Lose money also you sell.
Old Timer, you can dance with your stock.