Posted by freetospeak > May 28, 2020 9:28 PM | Report Abuse
so now everyone saw the report. wat is all the sifu profit prediction for qtr 4 ?
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Just to be a devil advocate. On slide 2, the operating expenses is always about 80% of the revenue. This makes sense as the more you produce the more raw material you would use correct? At $696M revenue, shouldn't we expect the operating expenses to be in the range of $542 - $557, which means you are left with ~$140 EBITDA.

Depreciation could be the same as most commercial assets are depreciated over > 30 years and quite a flat rate. Tax rate is about 24%. All in you are left with ~$100M PAT for Q4?

Even if they manage to optimise the production line the reduce cost at a rate of 70% of revenue, you are still left with ~$150M PAT for Q4? Anyone?

can still enter or not?

A big THANK YOU to OTB, freetospeak and all the sifus here for providing their expertise and in-depth analysis on Supermax!

Today is yet another day to prove that you guys are the best of the best in this arena! You deserve a huge gold medal and a big round of applause from each and everyone of us here!!

Unbelievable! This is what we usually call "pecah bumbung"!!

Posted by Enquire > May 27, 2020 12:32 PM | Report Abuse

@dhnn81 can you share the link?

27th May 2020: CGSCIMB just revised Top Glove TP to $16.50 from $10.40... that tells something!

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I am not sure I can copy the link though. It is published in their Daybreak for today in PDF format. Hopefully, they will revise their TP for Supermx as well in a day or two.

27th May 2020: CGSCIMB just revised Top Glove TP to $16.50 from $10.40... that tells something!

Be kind to each other. We are today because of a lot of teamwork here by all the strong fighters! We all help each other and share so much information! Imagine if we work alone???

Another recap on vaccine development process. Use your common sense if it is logical to have vaccine for Covid-19 in 2020 or even 2021?

The general stages of the development cycle of a vaccine are:

1) Exploratory stage
- Laboratory research often last several years (2-4 years) if not months!

2) Pre-clinical stage
- Studies using tissue-culture or cell-culture systems and animal testings

3) Investigational New Drug Application
- A private company (sponsor) submits application for approval describing the manufacturing and testing processes

4) Clinical Development - Human Subjects
Phase 1 - small group of people to receive trials (20-80 people)
Phase 2 - expanded and given to different profile i.e. age and physical health, specific group at risks
Phase 3 - expanded further and given to thousands of people (~10,000) to test its safety, efficacy and effectiveness and identify any adverse side effects

5) Regulatory review and approval
- Pre-license vaccine for clinical trials
- Biologics License Application
- Inspection of the manufacturing facilities
- Presentation of the findings to Regulators/Authorities/Advisory Committee
- Usability testing of the product labelling

6) Manufacturing (Production Stage and Post Approval)
- Operational costs in long term and short term of the vaccine production
- Cost of the vaccines to low income countries
- Who will be funding the gap of the costs?

7) Quality control (Production Stage and Post Approval)

Other Issues Post Vaccine Testings:
- What is the financial sustainability of the vaccine?
- Is the vaccine more cost effective than other health intervention or prevention?
- Developing a vaccine introduction plan
- Vaccine management, supply chain and logistics
- Reporting, monitoring, training and supervision of health staffs


Source:
i) https://www.cdc.gov/vaccines/basics/test-approve.html
ii) https://www.who.int/immunization_standards/vaccine_regulation/en/
iii) https://www.historyofvaccines.org/content/articles/vaccine-development-testing-and-regulation

Just to recap ...

Some news on disposable gloves demand recently published. I am strongly convinced that the demand we are seeing today will be lasting, at least into the next 2-3 quarters. Cheers!

The disposable gloves market size is expected to grow at a CAGR of over 14% during the period 2019–2025
Date: 23/5/2020
Link: https://www.globenewswire.com/news-release/2020/05/23/2037897/0/en/The-disposable-gloves-market-size-is-expected-to-grow-at-a-CAGR-of-over-14-during-the-period-2019-2025.html

Malaysia's leading role in meeting global demand for medical gloves amid the Covid-19 pandemic
Date: 30 Apr 2020
Link: https://oxfordbusinessgroup.com/news/malaysias-leading-role-meeting-global-demand-medical-gloves-amid-covid-19-pandemic

Global Disposable Latex And Nitrile Rubber Medical Gloves Market Major Manufacturers, Trends, Demand, Share Analysis to 2025
Date: 22 May 2020
Link: https://coleofduty.com/market-reports/2020/05/22/global-disposable-latex-and-nitrile-rubber-medical-gloves-market-major-manufacturers-trends-demand-share-analysis-to-2025-2/

How Coronavirus pandemic will impact rubber gloves market 2020
- Increasing demand, growth analysis and future outlook by 2028
Date: 24 May 2020
Link: https://3wnews.org/uncategorised/966236/how-coronavirus-pandemic-will-impact-rubber-gloves-market-2020-increasing-demand-growth-analysis-and-future-outlook-by-2028/

Residents comply with govt order; demand surges for masks, gloves
* Rule on compulsory wearing of masks comes into effect
* Besides masks, demand also rises for face shields, gloves etc
Date: 17 May 2020
Link: https://m.gulf-times.com/story/663423/Residents-comply-with-govt-order-demand-surges-for-masks-gloves

Agree with @Aramco.

Remember that vaccine comes at a cost to your government and health care providers. If the vaccine does not come cheap, they might choose not to approve it and instead just go ahead with health prevention such as wearing masks and gloves! Of course you pay for the masks and gloves from your own pocket money.

We have seen many positives from this pandemic such as low greenhouse gases, ozone layers improving, booming in online tools Cisco Webex, Zoom, etc etc. There will be people who will lobby against the vaccine.

There is no vaccine for HIV ever since it was discovered decades ago. Even if it has been discovered in research lab , it probably is not as economics as using condoms for example. Similarly for COVID-19. We also know this type of flu virus mutates itself over time. Will one particular vaccine resolve this problem?

Question is: Is wearing masks and gloves less effective and less economics than having a multi billion dollar vaccine?

Knowledge is KING! A good read and understanding on the process required to develop, manufacture and introduce a new vaccine.

Use your common sense if it is logical to have COVID-19 vaccine in 2020 ....

The general stages of the development cycle of a vaccine are:

1) Exploratory stage
- Laboratory research often last several years (2-4 years) if not months!

2) Pre-clinical stage
- Studies using tissue-culture or cell-culture systems and animal testings

3) Investigational New Drug Application
- A private company (sponsor) submits application for approval describing the manufacturing and testing processes

3) Clinical Development - Human Subjects
Phase 1 - small group of people to receive trials (20-80 people)
Phase 2 - expanded and given to different profile i.e. age and physical health, specific group at risks
Phase 3 - expanded further and given to thousands of people (~10,000) to test its safety, efficacy and effectiveness and identify any adverse

side effects

4) Regulatory review and approval
- Pre-license vaccine for clinical trials
- Biologics License Application
- Inspection of the manufacturing facilities
- Presentation of the findings to Regulators/Authorities/Advisory Committee
- Usability testing of the product labelling

5) Manufacturing (Production Stage and Post Approval)

6) Quality control (Production Stage and Post Approval)

Other Issues Post Vaccine Testings:
- Cost of the vaccines to low income countries
- Operational costs in long term and short term of the vaccine production
- Who will be funding the gap of the costs?
- What is the financial sustainability of the vaccine?
- Is the vaccine more cost effective than other health intervention or prevention?
- Developing a vaccine introduction plan
- Choosing the correct immunization
- Vaccine management, supply chain and logistics
- Reporting, monitoring, training and supervision of health staffs


Source:
i) https://www.cdc.gov/vaccines/basics/test-approve.html
ii) https://www.who.int/immunization_standards/vaccine_regulation/en/
iii) https://www.historyofvaccines.org/content/articles/vaccine-development-testing-and-regulation

Some news on disposable gloves demand recently published. I am strongly convinced that the demand we are seeing today will be lasting, at least into the next 2-3 quarters. Cheers!

The disposable gloves market size is expected to grow at a CAGR of over 14% during the period 2019–2025
Date: 23/5/2020
Link: https://www.globenewswire.com/news-release/2020/05/23/2037897/0/en/The-disposable-gloves-market-size-is-expected-to-grow-at-a-CAGR-of-over-14-during-the-period-2019-2025.html

Malaysia's leading role in meeting global demand for medical gloves amid the Covid-19 pandemic
Date: 30 Apr 2020
Link: https://oxfordbusinessgroup.com/news/malaysias-leading-role-meeting-global-demand-medical-gloves-amid-covid-19-pandemic

Global Disposable Latex And Nitrile Rubber Medical Gloves Market Major Manufacturers, Trends, Demand, Share Analysis to 2025
Date: 22 May 2020
Link: https://coleofduty.com/market-reports/2020/05/22/global-disposable-latex-and-nitrile-rubber-medical-gloves-market-major-manufacturers-trends-demand-share-analysis-to-2025-2/

Residents comply with govt order; demand surges for masks, gloves
Date: 17 May 2020
Link: https://m.gulf-times.com/story/663423/Residents-comply-with-govt-order-demand-surges-for-masks-gloves
* Rule on compulsory wearing of masks comes into effect
* Besides masks, demand also rises for face shields, gloves etc


HOW CORONAVIRUS PANDEMIC WILL IMPACT RUBBER GLOVES MARKET 2020 – INCREASING DEMAND, GROWTH ANALYSIS AND FUTURE OUTLOOK BY 2028
Date: 24 May 2020
Link: https://3wnews.org/uncategorised/966236/how-coronavirus-pandemic-will-impact-rubber-gloves-market-2020-increasing-demand-growth-analysis-and-future-outlook-by-2028/

Yeah if this were Bitcoin, KYY is Satoshi! kikiki

You guys out there need to stop selling and stop fulfilling 0.175 bids. Only then we would see price going up

What is wrong with this counter? Volume is super high but the price can’t move an inch?

Wow nice quarter results for ARBB!

Today qtr report released. Tomolo EPF and UJ come and sailang!!! aiyoo better buy today! kikikiki

aiyoo nice calculation OTB. Anyway both calculations still look nice lorr! still a long way to go. can you also push down the price a bit more to 2.30 .. I want to join in! kikiki

Aiyoo need duit raya lor .. no kuih raya no open house but duit raya angpow still got haa don’t forget .. if no angpow for raya .. they (small kids) will remember this until you die lorr! Kikiki

Aiyoo up up .. angpow for this raya!

Not yet not yet

If I am correct, VEB shares capital reduction will eliminate the accumulated losses and impairment of 2.2billion. So technically share price will shoot to the moon today??? Any view on this!

Anyone reads the VEB announcement on share capital reduction ??? Looks like it is cancelling 2.2billions shares to offset some impairment?? Is this true?

Aiyoo what happened here. Woke up and all red red lorr.

Yes quarter report is historical view. The oil price now is going up to above $35 already and Carimin will have much better prospect in the coming quarter.

Dayang is intact. Assets should be highly utilized until end 2022 ;-)

Tomolo sailaaaagg! What the TP? 0.60?

Counting down ... 3 more days to go into May! Oil production cut will officially start on 1st May. 20 millions barrel per day will be out of the market (collectively production cut storage).

Turkish Airlines to start operation next few days. Some states in USA have opened up for businesses. New York will be open in stages. Spain, Switzerland have slowly relaxed the lockdown.

Oil demand soon will be back to normal again .. starting on May 1st! Hallelujah oh Hallelujah!

We fell asleep in one world, and woke up in another.

Suddenly Disney is out of magic,
Paris is no longer romantic,
New York doesn’t stand up anymore,
the Chinese wall is no longer a fortress,
and Mecca is empty.

Hugs & kisses suddenly become weapons, and not visiting parents & friends becomes an act of love.
Suddenly you realise that power, beauty & money are worthless, and can’t get you the oxygen you’re fighting for. The world continues its life and it is beautiful. It only puts humans in cages.

I think it’s sending us a message:
“You are not necessary. The air, earth, water and sky without you are fine.
When you come back, remember that you are my guests. Not my masters.”

- Haroon Rashid

I love it I love it!!

Rakyat Malaysia terkandas selamat pulang dari Timur Tengah
Bernama | Published April 25, 2020 00:31 MYT

"Manakala seramai 312 warga Malaysia yang terkandas di Algeria, Tunisia dan Maghribi tiba di sini kira-kira jam 1.40 tengah hari menaiki pesawat sewaan khas Air Asia X. Penumpang dari Maghribi yang mengikuti penerbangan pulang ini telah diterbangkan khas dari Maghribi ke Algeria, untuk turut serta dalam misi repatriasi tersebut", katanya dalam satu kenyataan.
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Wwaah AAX is still running some flights lorr! Still
cashing money lorr!

Aiyoo MCO extended but cash aid no extension loh! People need more cash aid loh .. if they keep extending the MCO .. aiyoo

Aiyoo AAX already dead even before corona loh... AA was at 3.0 and AAX at 0.27 loh aiyoo .. FF and Malindo oso suffered so much but quietly loh ah .. this coming recession will have people suicide or not? Remember last time recessives in 2008 so many people suicide loh ... aiyooo

Tomorrow will drop loh. Raising capital will be difficult if share price drop loh that’s why the shares are being bought back by insiders .. no problem will top up when it is low

Not yet loh. Virgin Atlantic is led by smartest of the smart people loh. Before VA is dead, JetBlue EasyJets RyanAir will die first loh ..

That Dato needs SerbaD price high so the bank would support for capital of 7.7bil project. If this counter share price drops, company valuation is low and big problem to raise capital ...

Tongkang pecah ni .. aiyoo

Hold on tight for recession. Lots of people will lose jobs soon. Cannot pay their bills and loans. Have to borrow from siblings, friends and parents ...

Aiyaaaa apppaaaa aammmmaaa aiyaaaa help help! Tomolo die lor!

Waiting for 0.10 to average down lorr ..

How to run? How to run? Oil price already drops .. aiyoo!

Think think aiyoo cannot think lor! Too panic brain cannot think .. think think please!

Aiyoo aiyoo mati lor ... oh please please help all of us! 2020 has been a really crazy year! Wonder what will come next ...

Aiyoo if oil price negative lor, AA can take the oil and also get payments lorr aiyoo .. tomolo limit up kah?

Tomolo WTI will be back to $22 as June contract comes in .. hey hey ...

Hey hey hey Brent is still at $26 wokey .. dont get panic too soon ;-)

Aiyoo what does it mean oil price is negative?? If I want oil now they pay me money to take the oil? Aiyoo lets get some oil and make money .. kikiki

OK dream comes true!! WTI at $10/bbl. Even KFC bucket in USA is sold at $18. Market has seen this price level way way weeks before during Saudi/Russia oil price war. Now just wait and see how many USA oil producers will go bankrupt and those oil majors will take over their businesses. Consolidation time for the USA shale oil.

Thank God Saudi keep their May prices to Asia with big spread against the USA .. so the Brent is quite steady at $28/bbl. See their strategy is to kick USA oil producers out of business or at least force them to lower productions through price pressure .. hopefully it is working ...hmmmm

Rumor rumor .. AA is domestic and regional ... AAX + MAS = international .... aiyooo AAX will go to $2++ lorr!

Yea loh .. at crude $18/bbl, oil price is almost the same price of KFC bucket 15 pieces loh .. aiyoooo!!