Prefer Hartalega and Kossan instead.

We remain cautious on Supermax’s prospects as we do not yet see evidence of clearly defined catalysts. Therefore we maintain our NEUTRAL recommendation with a revised TP of MYR2.19 (11x FY16F P/E, 2% downside) from MYR2.16 previously. Prefer Hartalega and Kossan instead.

Delayed capacity increase. Lot 6058 and Lot 6059 were expected to be commissioned in Q4 2014, which would have increased the company’s nitrile glove capacity to 12.3bn pieces from 5.9bn pieces currently. We were unable to confirm this increase with management. Further we note that the commissioning of both these lots has been delayed since 1Q FY14.

Maintain NEUTRAL. We maintain our NEUTRAL with a revised TP of MYR2.19 (11x FY16F P/E, 2% downside) from MYR2.16 previously.This is pegged to its 3-year mean of its historical trading band. We believe this is justified due to the poor execution track record. Supermaxis also less skewed in the more lucrative nitrile glov e segment relative to its peers with only 35-40% of total capacity vs Hartalega’s 90% and Kossan’s 60%. The market could regain some confidence in the stock should Supermax deliver on the execution of Glove City and Supermax Business Park. Investors will need evidence of clearly defined catalystsfor the stock to move higher

From RHB Research
Delayed capacity increase. Lot 6058 and Lot 6059 were expected to be commissioned in Q4 2014, which would  have  increased  the company’s nitrile glove capacity to 12.3bn  pieces from 5.9bn  pieces currently.  We were unable to  confirm this increase  with  management.  Further we note that  the  commissioning  of  both  these  lots  has  been  delayed  since  1Q FY14.

RHB reported no ready. Where can get reliable update if not analyst

Last time, last time 3.10, now 2.20. Last time talk talk factory ready, now talk talk factory no ready. Last time no meaning. Must talk fact. No factory, what to talk. Refer to RHB Research latest report.Factory not ready

by RHB Research
We remain cautious on Supermax’s prospects as we do not yet see evidence of clearly defined catalysts. Therefore we maintain our NEUTRAL recommendation with a revised TP of MYR2.19 (11x FY16F P/E, 2% downside) from MYR2.16 previously. Prefer Hartalega and Kossan instead.

check it out.......don't play2, the power of the gloves..but have to handle with care

Spanish fears mount In Spain, five people were isolated and dozens more monitored after a nurse in Madrid apparently caught Ebola while treating two elderly missionaries who died of the disease. One of the doctors treating Teresa Romero, the first person to contract Ebola outside West Africa, said she may have caught the deadly virus after touching her face with an infected glove.

KUALA LUMPUR: The ringgit closed lower against the US dollar yesterday, in tandem with other emerging Asian currencies as the greenback strenghtened and registered a fresh four-year high against major currencies.

At 5pm, the ringgit was quoted at 3.2790/2810 against the greenback from 3.2580/2610 last Friday.

KUALA LUMPUR: The Malaysian rubber prices ended mostly lower yesterday, in line with the decline in benchmark Tokyo Commodity Exchange and Shanghai Futures Exchange.

A dealer said the downtrend was due to the negative sentiment following a report that China’s industrial profits fell by 0.6 per cent in August 2014 from a year earlier.

Analyst also confirmed there is no oversuppy, demand remain robust...... whatelse can turn its back on gloves counters, especailly with supermax, #2 in the world......
undervalued counter amongst glove counter....
sure win.
ebola is already a bonus, and since already happened and predicted to be prolonged, isn't that another extra bonus, on top of bonus.....seems bonus all the way

Umno needs transformation to be brave enough to criticise its leaders, said former prime minister Tun Dr Mahathir Mohamad. - See more at: http://www.themalaysianinsider.com/malaysia/article/umno-needs-to-transform-to-criticise-its-leaders-says-dr-m#sthash.aoaXJ16K.dpuf

wow....guess Stanley is always ahead...what a visionary leader.....transformation ....believe he applies transforamtion in supermax too.....surely earning & profit will run up once factories are fully up.

I am nasty when necessary, says Dr M

The current federal government needs to be criticised if its policies do not benefit the country, former prime minister Tun Dr Mahathir Mohamad said today. Dr Mahathir said it was expected of an elected government to make changes in its policies and laws to show its contributions to the country but it should not be above criticism if it did something that did not benefit the nation. "After I stepped down, policies changed and laws changed, that is expected. They want to show their own contribution to the country. But when they do something that is not contributing to the country, someone needs to tell them,"

supermax didn't support of the manufacturing sudden cost hike which will kill glove manufacturers.....seems to be a nobel action, anything wrong with that

Yah true enough Melayu is lazy as claimed by Dr.M....the next we wl see the fxxx share of Dr.M' son related share to fxxx drop....talk coke meh u

translate into more opportunity for gloves counter. benefit gloves industry in the long-run

More money has been announced to help the emergency response to the Ebola outbreak in West Africa.
The Gates Foundation is committing $50m to help step up efforts to tackle the deadly virus in the affected countries.

This comes on top of other funds announced by the UK and US governments, as well as the European Union.
The European Union has announced funding worth $180m to help the governments in West Africa strengthen their health services

what's so wrong with diseases boasting the gloves demand? it is good for the whole industry, at one time there is concerned of oversupply. now.....demand is strong and after this incidence the health system will improve and more gloves and more demand.
no need to be arrogrant. glove counter will be shitting without the viruses flying. it happen all the time with new viruses. it is already a fact it is spreading. so a good sign for the shitting glove counter

bullish on exporters, and supermax is 100% export-based


Morgan Stanley raises Malaysia 2014 GDP growth forecast to 5.8%

Sep 9, 2014 - 07:41 GMT

KUALA LUMPUR (Sept 9): Morgan Stanley Research has raised its growth projection for Malaysia’s economy this year to 5.8% year-on-year (y-o-y), up from 5.1% previously, on the back of the stronger-than-expected export performance. “Although our global economics team revised downwards their 2014 and 2015 gross domestic product (GDP) growth forecasts slightly, Malaysia’s exports has … (continue reading)

(Reuters) - The United Nations said $600 million in supplies would be needed to fight West Africa's Ebola outbreak, as the death toll from the worst ever epidemic of the virus topped 1,900 and Guinea warned it had penetrated a new part of the country.

The pace of the infection has accelerated, and there were close to 400 deaths in the past week, officials said on Wednesday. It was first detected deep in the forests of southeastern Guinea in March.

New figures showed the massive scale of the crisis, which the WHO said indicated a "rapid increase still in the intensity of transmission" that would cost at least $490million to tackle

Long fight and prolong process and drag on which may drive up glove demand

WHO warns Ebola Outbreak could hit 200000 within nine months

Gene studies of Ebola in Sierra Leone show virus is mutating fast

MONROVIA (Reuters) - A Liberian doctor who treated victims of an Ebola epidemic and then contracted the disease himself has died even though he was given the experimental drug ZMapp, Liberia's information minister said on Monday.

Entry opportunity based on analyst call
While price is weak, attack. 2H14 is strong when new plants up

is historical trend important???????????

Published: Friday April 12, 2013 MYT 12:00:00 AM
Updated: Thursday April 25, 2013 MYT 11:43:53 PM

Interest in rubber glove stocks a knee-jerk reaction
PETALING JAYA: Over the past 10 days, rubber glove stocks have surged by 5%-13% to their 52-week high, as investors bought in anticipation of a surge in demand for rubber gloves.
He said during the H1N1 incident, earnings of rubber glove manufacturers were greatly enhanced only under the confluence of several catalysts, including a plunge in raw material prices, the strengthening of the US dollar against the ringgit and a shortage in supply due to capacity underinvestment.

yup jack; from the news it's not pandemic but panic....what's the difference, sounds same pandemic led to panic....


U.N Chief Urges World to Help in Ebola Outbreak

UNITED NATIONS — Aug 12, 2014, 1:32 PM ET


UN Secretary General Ban Ki-moon is pressing the international community to urgently respond to a shortage of doctors, nurses and equipment to stem the Ebola outbreak in West Africa.

Ban said at a news conference Tuesday that a coordinated global response is essential.

Ban announced that he has appointed U.N. public health expert David Nabarro to coordinate the world body's effort to fight Ebola after consulting with U.N. health chief Margaret Chan.

Nabarro has led earlier U.N. efforts to combat infectious diseases, including SARS.

"We need to avoid panic and fear," Ban said. "Ebola can be prevented."

The WHO says more than 1,000 people have died in the Ebola outbreak in West Africa. The virus was detected in Guinea in March and has hit Sierra Leone, Liberia and Nigeria.

LONDON—The continuing spread of the Ebola virus in west Africa is driving up demand for protective medical gloves and increasing investor interest in Malaysian-based manufacturers of these products.

The current outbreak, which has claimed nearly 900 lives so far, has led to a rally in the share prices of rubber gloves manufacturers, according to an update on the sector from Hong Leong Investment Bank.

The Malaysian bank is monitoring the situation to see if the outbreak will be escalated to pandemic level. This, it said, could lead to an upgrade in the ratings of the sector.

u boss or epf boss!!!!! epf pay u dividend...ada tak ada....tak ada ada.....epf bow u oh. u'r the boss. so, epf eat tahi ah...how epf pay u dividend if epf makan tahi...... epf follow angin jugak.... ebola is still ebola and will be here until ada cure. What You Bring When You’re Going Into an Ebola Outbreak
protective equipment like gloves, masks, boots, hats and eye protection.

Brent Trades Near 9-Month Low After U.S. Iraq Strike

Brent for September settlement fell 18 cents to $104.84 a barrel on the ICE Futures Europe exchange at 1:48 p.m. London time. The contract closed at $104.59 on Aug. 6, the lowest level since November 2013. The volume of all futures traded was 39 percent below the 100-day average for the time of day. WTI, the U.S. benchmark crude, traded at a discount of $7.12 to Brent on ICE, compared with $7.37 on Aug. 8.

dalpinia, if you don't wish to die of ebola

HealthInfectious Disease
What You Bring When You’re Going Into an Ebola Outbreak


Alexandra Sifferlin@acsifferlin
5:00 AM ET

Items on the list include GPS systems—both for their own navigation and so that their colleagues at the CDC can track them—radio equipment for public health messaging, a bug hut for sleeping outside if need be, a satellite phone, granola bars, comfortable clothes, and protective equipment like gloves, masks, boots, hats and eye protection. She’ll be gone for 29 days.

Speakup miss out news on rubber price dip to lowest for 2014 and oil price slidding too
Speakup...don't keep silent on this data speakup

WHO: Ebola outbreak is a public health emergency

The Associated PressAugust 8, 2014
LONDON — The World Health Organization has declared the Ebola outbreak in West Africa to be an international public health emergency that requires an extraordinary response to stop its spread.

On Friday, WHO announced the Ebola outbreak — the largest and longest in history — is worrying enough to merit being declared an international health emergency. WHO declared similar emergencies for the swine flu pandemic in 2009 and for polio in May.

Read more here: http://www.newsobserver.com/2014/08/08/4058209/who-ebola-outbreak-is-a-public.html?sp=/99/102/114/#storylink=cpy

KUALA LUMPUR: The ringgit opened lower against the US dollar today on renewed demand for the greenback, a dealer said.


At 9.08am, the ringgit was quoted at 3.2140/2160 against the greenback from 3.2070/2090 on Thursday.

GLOBAL MARKETS-Asian shares skid as Obama confirms air strikes on Iraq

TOKYO, Aug 8 (Reuters) - Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in Iraq. Obama said in an address that he authorized targeted strikes to protect the besieged Yazidi minority and U.S. personnel in Iraq, after the Iraqi government requested help. "We can act carefully and responsibly to prevent a potential act of genocide," Obama told reporters at the White House. "I've therefore authorized targeted air strikes if necessary." U.N. Secretary-General Ban Ki-moon and the United Nations Security Council on Thursday called for the international community to help Iraq's government and people as the country struggles against a sweeping advance by Islamist militants.

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Disposed 04/08/2014 3,862,600 Employees Provident Fund Board

Ebola's spread to US is 'inevitable' says US CDC chief

WASHINGTON - Ebola's spread to the United States is "inevitable" due to the nature of global airline travel, but any outbreak is not likely to be large, US health authorities said Thursday.


Already one man with dual US-Liberian citizenship has died from Ebola, after becoming sick on a plane from Monrovia to Lagos and exposing as many as seven other people in Nigeria.



More cases of Ebola moving across borders via air travel are expected, as West Africa faces the largest outbreak of the hemorrhagic virus in history, said Tom Frieden, the head of the US Centers for Disease Control and Prevention.



The virus spreads by close contact with bodily fluids and has killed 932 people and infected more than 1,700 since March in Sierra Leone, Guinea, Nigeria and Liberia.

The U.S. Centers for Disease Control and Prevention on Wednesday issued its highest alert for an all-hands on deck response to the Ebola crisis in West Africa.

"Ops Center moved to Level 1 response to given the extension to Nigeria & potential to affect many lives," CDC chief Tom Frieden said on Twitter.

Level 1 is the highest on a 1-6 scale and signals that increased staff and resources will be devoted to the outbreak.

"Basically this activation allows us to pull resources from throughout the agency to respond to this," said CDC spokesman Tom Skinner.

He said it was the first time since 2009 that the Level 1 alert had been issued. Back then it was in response to the outbreak of H1N1 flu

?????? similar to H1n1 in 2009????????


The U.S. Centers for Disease Control and Prevention on Wednesday issued its highest alert for an all-hands on deck response to the Ebola crisis in West Africa.

"Ops Center moved to Level 1 response to given the extension to Nigeria & potential to affect many lives," CDC chief Tom Frieden said on Twitter.

Level 1 is the highest on a 1-6 scale and signals that increased staff and resources will be devoted to the outbreak.

"Basically this activation allows us to pull resources from throughout the agency to respond to this," said CDC spokesman Tom Skinner.

He said it was the first time since 2009 that the Level 1 alert had been issued. Back then it was in response to the outbreak of H1N1 flu

Doctor who treated U.S. businessman who died from Ebola is also killed by the virus in Nigeria as first case reaches Saudi Arabia

Read more: http://www.dailymail.co.uk/news/article-2717924/Deadly-Ebola-feared-reached-Middle-East-man-tested-disease-dies-Saudi-Arabia.html#ixzz39f4TjmwI
Follow us: @MailOnline on Twitter | DailyMail on Facebook

Doctor who treated U.S. businessman who died from Ebola is also killed by the virus in Nigeria as first case reaches Saudi Arabia

Read more: http://www.dailymail.co.uk/news/article-2717924/Deadly-Ebola-feared-reached-Middle-East-man-tested-disease-dies-Saudi-Arabia.html#ixzz39f4TjmwI
Follow us: @MailOnline on Twitter | DailyMail on Facebook

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Acquired 01/08/2014 606,500 Employees Provident Fund Board
Acquired 31/07/2014 302,200 Employees Provident Fund Board

World

WHO to Hold Emergency Meeting on Ebola Outbreak
MOSCOW, August 6 (RIA Novosti) – As the death toll in the outbreak of the lethal Ebola virus continues to rise, the World Health Organization said it will hold a two-day meeting of its emergency committee Wednesday to assess whether we are dealing with a global emergency, according to WHO head Margaret Chan.

“On 6-7 August, the World Health Organization (WHO) will convene an IHR Emergency Committee meeting in order to ascertain whether the ongoing Ebola outbreak in West Africa,” it said in an announcement.

The meeting’s main goal is to determine whether the outbreak constitutes a “public health emergency of international concern,” and if it does, the WHO will seek to develop a set of temporary measures to curb the spread of the deadly virus.

Following the consultation, the international health authority will hold a press conference on August 8.

World

WHO to Hold Emergency Meeting on Ebola Outbreak
MOSCOW, August 6 (RIA Novosti) – As the death toll in the outbreak of the lethal Ebola virus continues to rise, the World Health Organization said it will hold a two-day meeting of its emergency committee Wednesday to assess whether we are dealing with a global emergency, according to WHO head Margaret Chan.

“On 6-7 August, the World Health Organization (WHO) will convene an IHR Emergency Committee meeting in order to ascertain whether the ongoing Ebola outbreak in West Africa,” it said in an announcement.

The meeting’s main goal is to determine whether the outbreak constitutes a “public health emergency of international concern,” and if it does, the WHO will seek to develop a set of temporary measures to curb the spread of the deadly virus.

Following the consultation, the international health authority will hold a press conference on August 8.

World

WHO to Hold Emergency Meeting on Ebola Outbreak
MOSCOW, August 6 (RIA Novosti) – As the death toll in the outbreak of the lethal Ebola virus continues to rise, the World Health Organization said it will hold a two-day meeting of its emergency committee Wednesday to assess whether we are dealing with a global emergency, according to WHO head Margaret Chan.

“On 6-7 August, the World Health Organization (WHO) will convene an IHR Emergency Committee meeting in order to ascertain whether the ongoing Ebola outbreak in West Africa,” it said in an announcement.

The meeting’s main goal is to determine whether the outbreak constitutes a “public health emergency of international concern,” and if it does, the WHO will seek to develop a set of temporary measures to curb the spread of the deadly virus.

Following the consultation, the international health authority will hold a press conference on August 8.

Saudi Arabian man suspected of contracting deadly disease

Saudi Arabia health ministry announces it is testing man for suspected Ebola after returning from Sierra Leone business trip

Saudi Arabia is testing a man for suspected Ebola infection after he returned recently from a business trip to Sierra Leone, the health ministry said on Tuesday.


It said the man, a Saudi in his 40s, was at a hospital in the Red Sea city of Jeddah after showing "symptoms of viral haemorrhagic fever", which resemble symptoms of the Ebola virus.


The ministry said it had taken precautionary measures, including isolating the patient at a specialist hospital and had sent blood samples to an international laboratory in co-ordination with the World Health Organisation (WHO) for further checks.

what the fuss.......no serious threat.. why cancel flight

Ebola outbreak: BA cancels West Africa services as Nigeria reports new cases
British Airways has suspended some of its routes to West Africa as the deadly Ebola virus continued to spread.
Eight suspected cases have now been reported in the Nigerian capital of Lagos involving people who came into contact with the country's first victim, Patrick Sawyer.

ever wonder why ...............

Ebola outbreak: BA cancels West Africa services as Nigeria reports new cases
British Airways has suspended some of its routes to West Africa as the deadly Ebola virus continued to spread.
Eight suspected cases have now been reported in the Nigerian capital of Lagos involving people who came into contact with the country's first victim, Patrick Sawyer.

buy kossan, result will out in weeks time. also top pick among analyst

quarter result out soon, party start now until result is out

WhaTech Channel: Medical Market Research Reports Published: Saturday, 02 August 2014 01:02 Submitted by Market Research Reports WhaTech Pro Trial News from: ReportsnReports - Industry Trends & Forecasts Read: 80 times
Global Disposable Medical Gloves Market 2013-2018, has been prepared based on an in-depth market analysis with inputs from industry experts.

Analysts forecast the Global Disposable Medical Gloves market to grow at a CAGR of 6.62 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing prevalence of infections and bio-hazards. The Global Disposable Medical Gloves market has also been witnessing the increasing preference for synthetic gloves. However, the price fluctuations of raw materials could pose a challenge to the growth of this market.

Global Disposable Medical Gloves Market 2013-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Disposable Medical Gloves market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this space are Ansell Healthcare LLC., Cardinal Health Inc., Hartalega Holdings Berhad, Medline Industries Inc., Top Glove Corp., and Supermax Corp.
Other vendors mentioned in the report are B. Braun Melsungen AG, Cypress Medical Products LLC., DASH Medical Gloves Inc., Dynarex Corp., Intco Medical Co. Ltd., Kimberly-Clark Worldwide Inc., Microflex Medical Corp., Molnlycke Health Care AB, Paul Hartmann AG Rubberex Corp. (M)Bhd., Semperit AG Holding, Shijiazhuang Hongray Group Co. Ltd. and Supermax Corporation Bhd.

some general update and if there is reason for the downward movement......this may trigger the selloff


Asia stocks slip as China service data sours mood
TOKYO (Reuters) - Asian stocks slipped on Tuesday after a survey showed China's services sector growth fell to a record low, pouring cold water on the positive market mood following upbeat U.S. earnings and relief over Portugal's rescue of its largest bank.
MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> fell 0.5 percent, turning negative after the China services purchasing managers' index(PMI) compiled by HSBC/Markit fell to 50.0 in July from a 15-month high of 53.1 in June.

if only johnny is in the same flight

Airport staff tonight told of their fears of an Ebola outbreak after a passenger from Sierra Leone collapsed and died as she got off a plane at Gatwick.

Workers said they were terrified the virus could spread globally through the busy international hub from the West African country which is in the grip of the deadly epidemic.

The woman, said to be 72, became ill on the gangway after she left a Gambia Bird jet with 128 passengers on board.

She died in hospital on Saturday.

Ebola has killed 256 people in Sierra Leone.

A total of 826 have died in West Africa since the outbreak began in February

WASHINGTON—The World Bank on Monday pledged as much as $200 million in emergency funding to help three West African nations fight the deadly Ebola epidemic following requests from the World Health Organization and officials from the three countries.

The bank said the financing would help pay for medical supplies, salaries and other materials urgently needed to stabilize the health systems in Guinea, Liberia and Sierra Leone, where the death toll has reached nearly 900
I am very worried that many more lives are at risk unless we can stop this Ebola epidemic in its tracks," World Bank President Jim Yong Kim said in a statement.

"The international community needs to act fast to contain and stop this Ebola outbreak," said Dr. Kim, a global public-health expert.

WHO Director-General Margaret Chan said last week that the outbreak, the worst on record, was moving faster than efforts to control it. Authorities in Africa's most populous nation, Nigeria, have confirmed a second case and have quarantined eight individuals who helped treat a Liberian-American who died of the disease in July.
Dr. Chan said funding is vital to help authorities slow transmission and prevent spread of the disease to other areas.

"The demands created by this unprecedented outbreak outstrip the capacity of affected countries in West Africa to respond," she said.