buy

Seem like everywhere and everyone is taking about gloves, look like need a break before surge up. Hopefully next week have a healthy retracement. Or else too hot might losing steam. For Long term still advise to hold, if trader or mid term can consider Tp and let it rest before surge.

Tmr continue the show.3.70

kyy have many proxy account and his wife and himself so many account. Why he must show u he is top30? Haha
Think about that, if uncle switch his full fund from Supermax to comfort how u think about comfort? Still have room to go lah. And end of the June is QR report for comfort. Confirm he buy as much as possible before it release.

Yes move some Supermax to comfort Now. Going to focus comfort for June QR. hehehe

Lol loser stockhunter85...

Help urself first before u claim u wanna help newbie. Stupid lah hahaha

Ppl like u is loser and forever trader. Up also scare, down also scare. Dun buy stock put ur money inside FD is 100% safe.

Why when comfort SBB all haters silent? Hahahaha.

Wow time to buy more.

https://www.accessdata.fda.gov/cms_ia/importalert_229.html

oh my

OMG! one more time.

this mf is loser lol

Today 187 confirmed cases. More to come, I think second waves come. And spike like sg.

WHO warm for second peak!

https://www.malaymail.com/news/world/2020/05/26/who-warns-of-second-peak-in-areas-where-covid-19-declining/1869492?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook#Echobox=1590448258

Cannot differentiate like that. Either external or our Malaysian infected, it’s counted as confirmed cases. And the more confirmed cases the longer mco will extend.

today confirmed cases 172!!! More to come

@chopstick seem you are not really understand how the vaccine creation. I suggest you go study deep and more information before you simply comment here.

https://codeblue.galencentre.org/2020/05/22/fastest-vaccine-took-five-years-expert-says/

Dun simply sell your ticket to others. They trying hard to create panic sell so that they can on board cheap. Lol
Worlds pandemic is getting worst as today news saying trump going to suspends travel from Brazil as coronavirus pandemic worsens in south American.

Trump suspends travel from Brazil as coronavirus pandemic worsens in South America…

@Aramco you are wasting time here. No need to worry, you can sell or dun buy. Let we earn the profits. You stay there sour grape better.

Wow why weekends so many loser and sour grape are out while the rest of us happily enjoys our holidays by using comfort profits to spend with family.

Dun listen to those who trying to scare shit you, becuase they also hope the share price drop so that they can onboard.

Lol only silly ppl are selling glove counter now.

kenanga raise supermax tp from 6.60 to 7.60


We are excited with Supermax prospects over the next few quarters following a 3QFY20 post result briefing. Specifically, Supermax is expected to gain from higher margins from both its gloves manufacturing and distribution channels due to abnormal demand and acute supply tightness. We expect higher margins going forward due to higher product mix skewed towards OBM distribution which accounts for 95% compared to 70% pre Covid-19 which we believe had caught us as well as market by surprise. Hence, we raised our FY20E/FY21E net profit by 6%/16%, to account for higher margins. TP is raised from RM6.60 to RM7.60 based on unchanged 26x CY21E EPS. Reiterate OP.

Dual-stream incomes from manufacturing and distribution. Specifically, Supermax is expected to gain from higher margins from both its gloves manufacturing and distribution due to abnormal demand and acute supply tightness. We expect higher margins going forward due to higher product mix skewed towards OBM distribution which accounts for 95% compared to 70% pre Covid-19 which we believe had caught us as well as the market by surprise at a time when of tight supply due to aggressive stockpiling of critical medical supplies including gloves. Typically, manufacturing OEM pre-tax margin ranges between 12% to 15% compared to Own Brand Manufacturing (OBM) pre-tax margin of 15% to 20%. In terms of demand, Supermax is getting enquiries from foreign government agencies, non-government organisations, retail and restaurants chains. Amplifying the pent-up demand, buyers are paying between 30% to 50% deposits in advance to secure glove supply and timely delivery. The delivery lead time has now risen from 45 to 60 days pre Covid-19 to 10 to 12 months currently. Case in point is Supermax’s overseas distribution centres which are experiencing fast inventory depletion from usual 4 months to within 6 weeks. Supermax expects the heightened demand to continue for the next 1 to 1.5 years. All in, we are bullish on higher-than-expected margins since ASP has been moving upwards week-on-week. As demand pick up, containers are shipping at prices higher than previous months.

Outlook. 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.

Raised FY20E/FY211E net profit by 6%/16% after raising our pre-tax margin from 13%/14% to 16%/18%.

Undemanding FY21E PER valuation of 18x compared to expected earnings growth of 68%. Correspondingly, our TP is raised form RM6.60 to RM7.60 based on unchanged 26x CY21 revised EPS of 25.4 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 18x FY21E EPS compared to expected earnings growth of 68%, 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.

kenanga raise supermax tp from 6.60 to 7.60


We are excited with Supermax prospects over the next few quarters following a 3QFY20 post result briefing. Specifically, Supermax is expected to gain from higher margins from both its gloves manufacturing and distribution channels due to abnormal demand and acute supply tightness. We expect higher margins going forward due to higher product mix skewed towards OBM distribution which accounts for 95% compared to 70% pre Covid-19 which we believe had caught us as well as market by surprise. Hence, we raised our FY20E/FY21E net profit by 6%/16%, to account for higher margins. TP is raised from RM6.60 to RM7.60 based on unchanged 26x CY21E EPS. Reiterate OP.

Dual-stream incomes from manufacturing and distribution. Specifically, Supermax is expected to gain from higher margins from both its gloves manufacturing and distribution due to abnormal demand and acute supply tightness. We expect higher margins going forward due to higher product mix skewed towards OBM distribution which accounts for 95% compared to 70% pre Covid-19 which we believe had caught us as well as the market by surprise at a time when of tight supply due to aggressive stockpiling of critical medical supplies including gloves. Typically, manufacturing OEM pre-tax margin ranges between 12% to 15% compared to Own Brand Manufacturing (OBM) pre-tax margin of 15% to 20%. In terms of demand, Supermax is getting enquiries from foreign government agencies, non-government organisations, retail and restaurants chains. Amplifying the pent-up demand, buyers are paying between 30% to 50% deposits in advance to secure glove supply and timely delivery. The delivery lead time has now risen from 45 to 60 days pre Covid-19 to 10 to 12 months currently. Case in point is Supermax’s overseas distribution centres which are experiencing fast inventory depletion from usual 4 months to within 6 weeks. Supermax expects the heightened demand to continue for the next 1 to 1.5 years. All in, we are bullish on higher-than-expected margins since ASP has been moving upwards week-on-week. As demand pick up, containers are shipping at prices higher than previous months.

Outlook. 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.

Raised FY20E/FY211E net profit by 6%/16% after raising our pre-tax margin from 13%/14% to 16%/18%.

Undemanding FY21E PER valuation of 18x compared to expected earnings growth of 68%. Correspondingly, our TP is raised form RM6.60 to RM7.60 based on unchanged 26x CY21 revised EPS of 25.4 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 18x FY21E EPS compared to expected earnings growth of 68%, 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.

巴西疫情突然告急! 一天新增2万多确诊病例、死1千多人......墓穴挖不停!

@Aramco is another joyvest and @hooi? Haha
We already make a big profits from glove counter especially comfort. Only you sour grape confirm never earn a single profits from comfort before.

Whatever you said is not true and useless. You are wasting others time to read watever you posted here. If director dispose that tiny shares can scare the rest, the share price won’t be going up so much. Last time Supermax also like that, 1.3-1.90 everyone come out said Supermax is con counter....

Now even you wanna buy Supermax also no money to buy. Hahaha

中国的新闻：需要六个月才知道结果

期刊还指，试验是在108名健康成年人中进行的开放标签试验，在28天后显示出有希望的结果，最终结果将在6个月内进行评估，但仍需进一步的试验来确定免疫反应是否能有效预防感染。

today China news about the covid 19 vaccine test... need at least 6 month only know result... lol by the time 6 month comfort already Rm4.5 haha

Selamat Hari Raya and enjoys ur weekend guys’d

Dun talk share during weekend. Hahhaa

haha dun worry. Even the director sold but the share price still going up like nobody business. Mean everyone is accept the stock value.
This comfort confirm is one of the black horse in 2020.

more and more cases.

Malaysia today have 78 confirmed new cases. Seem new waves coming and after Hari Raya confirm more to come as ppl all happily go out celebrate and the virus outbreak will increase significantly.

Selamat Hari Raya to all my malay fren, and stay safe and wear mask if possible when you going out. Stay safe and healthy all.

Enjoys ur Long weekend.

Ruberex seem coming also. Carepls also seem rebounding soon.
Comfort still the best choice compare to others(except Supermax)

paktua T_T

Selamat Hari Raya for your. Wishes you have a good Raya weekend.

We all continue as united to support comfort. No yet take profits as we wish the share price continue uplift after lunch. Maintain above 2.75 we are happy.

To 5.5 just an illusion. I can blindly say tp10 also.
Dun get trap at high. Becareful, unless you have extra money

Sold at 2.85-2.90 today. Will buy back if happen to retrace more.

The way they throw down last min telling you need to becareful le. Dun stubborn

Otb subscriber is first to run. Lol
Tomorrow might GAP down due to the kossan result under expectations and Hari Raya profits taking.

Below expectations

Dun talk so much. Buy now before too late.

The director dispose a little only. Dispose better, so the ticket would be floating in the market and operator take control now. Can limit up anytime.

Dji jumps high +300 point

Supermax confirm fly tomorrow and entire glove trend come back strongly

2.75 I am happy. Lol soon rm3.00

yes, tomorrow glove theme again. Those who burn hand in oils can join back

I think since OTb and kyy said so and I believed they already buy this morning or yestedday. Won’t be wrong if you buy today. Cannot be today come out the article and tomorrow dump all. If like that how to convince his follower in the futures.

Haiz Dji -390 and today Wednesday already. I believed many trader or weak holder won’t hold over the weekend and throw today.
Hope RM2 got support, once it broke might trigger down to 1.60-1.80

Many sifu open live said gloves no more good. Tomorrow confirm below rm2

Profits taking on glove is already happening since last week. Must becareful if u chase high might get stuck for sometime. Kyy not going to pity you and help you if you stuck at high.
Tomorrow I worry open Low and go lower.

Paktua is different, value investor. A good strong heart. Tomorrow below RM2 percentage quite high.

Today many distribution by operator, they push high to 2.170, 2.13, 2.10 and sell to retailers. You can open the trading platform to see the trade record. Obviously operator wanna press down more to collect ticket. So if you buy now maybe very dangerous

Very dangerous state now. If tomorrow continue down will trigger many cutloss from shorterm and some trader might hold cash if below rm2

director dispose again. Seem like something fishy happening.