Next qtr 4 = 200 m profit = 0.15

4 qtr eps = 15 +5.42 +2.31 +1.89 =24.62

PE @ current price 7.4 = 30

PE @ 9 = 37

In 6 wks time, Supermax will be trading below 40 and become the lowest PE glove counter in malaysia.

If u think pe 30 is overvalued, u can sell it now.

i am still holding..dumb dumb...i still need to c miss universe undress. i already said 6, 9 , 12 already. trading between 6-9 is normal during qtr 3 to 4. sorry i am not day in day out trader so cannot giv exact timing like those sifu here.

i will cut loss when it drop below 2.

Supermax monthly profit is about 10 million (30m/3) precovd.
Let assume

Jan profit 10 x20% = 12 mil
Feb = 12 x 20% = 15 mil
March profit = 71 -27 = 44 mil

Huge increase of precovid of 10 m = 44 mil = 440% increase

It cannot be incresae in volume becoz of covid lockdown.
So the 440% would be the effect of increase in ASP. Which i assume is massive spot order n OBM non-lock in price decision by maangement.

U can try compare all gloves company from jan to mar. Only supermax record a mom 400% increase in profit.
This pull supermax margin from 9% precovid to 15 % within 1 month.

Thanks everyone for the support.

herbert hua...from supermax analyst report

Supermax Malaysia chose not to lock-in capacity in March 2020 and prices with the big 5 giant distributors from the USA for supplying to US government agencies after the Trump Administration invoked the Defense Production Act
• Instead Supermax USA distribution centre is currently supplying to USA government agencies at higher distribution prices instead of at factory prices
• Supermax opted not to participate in pricing mechanism with big distributors from USA & Germany


Supermax is supplying direct to Government agencies.

DUN SPREAD FAKE NEWS.

herbert chua..then how do u explain supermax march profit jump frpm 10 million to 50 million if obm dun work. I dun c any glove company including tG n harta jump 500% profit.

elbrutus..Supermax profit alone for march is alredy 50 million..I can tell u for jun alone...where asp is 30% hihger for OEM and 300% for spot and OBM, the profit will at least be rm100 million already...n i say is at least.

Many ppl plan start changing when result will be annouced earlier.

i jus simplyfied the requisition as per sslee sifu suggestion. i add in another email address in case they bounce bak the mail due to mail box full over wkend.
thanks everyone.

thanks aramco for pointing out. Thanks to IB MAc for investor to buy at low price.

Kingold...nothing funny..they did it b4 in 2009 in h1n1. They will release it in july as b4 n oct n feb as per h1n1 history in 2009. we jus show them our intention only nothing wrong. On the other hand, Many are not aware of the early release of result by supermax b4. So we r informing the public as well.

kelvin5349..thanks for the info. i think more data can be seen from importkey.

then shld i edit the blog to change the ic part?

sslee sifu..sorry for borrowing your copyrite...lol

looking bak in 2009..they brought forward for 3 subsequent qtrs with bumper profit. so this qtr 4 n subsequent qtr will follow as well. we jus give them a push may be can releae=se even earlier.

Prob..thanks for the draft and it saved a lot of time.

sorry charlesT...lol...u can return the money to along if u miss it.

thanks all bro share it to your friend who invested in supermax.

Pls show support if u hav sent...i sent already. Using esignature n ephoto convert to pdf ,no need 5 min. If dun hav then ned use traditional way.

https://klse.i3investor.com/blogs/freetospeak/2020-06-14-story-h1508784032-REQUISITION_TO_MOVE_AND_VOTE_FOR_EARLY_REPORTING_OF_THE_Q4_FY_20_TO_JUL.jsp

Pls support for an early QTR 4 report.

high chance qtr 4 result will be annouced after mid july jus like in 2009 JULY 10.

Dxbman...thank you for your advice. The glove market is small enuff not for everyone. Topglove cannot absorb all the fund,n it will flow to other glove counter no matter big or small. N a little bit from topglove n other big 3 glove counter is enuff to raise supermax 3 x.

PE 10 valuation still optimistic...i think must try PE 1.

chief999..

i said b4 bak in apr.when they sbb at 2.01 per share...they are buying at NTA value. they beleive they can earn 80 to 1.20 for next FY. with avg eps 1.00 x 10 = rm10 at pe 10.

If not they cannot justify a 60 million sbb to the shareholder.

60 million is equal to 2 qtr profit precovid. its a huge sum.They need justification.

i think precovid or post covid...rarely see a pe10 glove company . This is my limit test for glove company. PE 10 valuation.

i think its fair to ask for a PE 10 vaualtion for glove company n u will c who is naked.

If Supermax is earning 1 bill eps 80sen, PE 10 = rm8.00.
At this price u wont lose much.
For TG ,3billion profit eps =1.2 PE 10 = RM12.00.

At pe 10 valuation TG got a lot room to go down as compare to supermax.
Do your own judgement.

jay2020...for me i am still holding, i wont sell until i c my miss universe undress in aug.
For others, if u can time the market then u can buy n sell like sifu 888. I am not as skillfull as him so i dun do fast trading.

when i first do calculation based on the IB information bak in march, aprl, the result i got is totally different from their result.Same infor 2 diff result.
What i got is Supermax is gonna hav 1 billion profit for FY21, thats a 10x increase. but their result is like a 30% increase only. Later all of u know wat happen, rerating n rerating comes after the price starts to spike since SBB. So u know they got agenda n price control to make money.
So try to question their analysis n do cross comparison between Glove company.U will c UNFAIR projection. They will project ver high profit for their favoured stock, n downplay those they dun like.

All ib got all the best info for TG. They can easily c TG got 3 bill profit for fy21. All the conditions for TG to get 3 bil profit.
Supermax also hav, so a 1 billion profit (based on 3 to l caps ratio) is easy to reach.

But did u c any ib rerate n project supermax TP?
They assume supermax cannot raise asp as high as TG, capacity not as high as TG. But all these reason are false becoz everyone knows Supermax got higher ASP, Capacity is 30% ofTG n a ratio of 3:1 is reasonable.So y no ib rerate supermax at 1 bil profit for FY21, 80 sen eps pe 20 = 16.00 tp for supermax?

They dun want another explosion price appreciation of supermax to offset their pace of game again. They lost huge on supermax so they r very careful not to raise too fast on the tp. They only mention Supermax hav high margin on ASP but still show a very low profit increase for supermax . They obviously know the effect of ASP hike but they refuse to show the truth.

Thats why ill informed investor are always at losing end becoz they are mislead by the UNFAIR projection.

do u remember supermax is the laggard child bak in march..kena bullied cornered tortured..while the other big 3 are so high flying. thats when ppl give up ,curse and puzzle why supermax behave irrational. That whenmarket is moving opposite to logic n common sense. Thats when ppl ask u to sell dun fight the market the market moves opposite of u, so nobody dare tobuy. That when all the sifu here go in n buy n buy big.

yes..market go opposit of us..thats why its not difficult to make money in stock market...lol

If any one can get tg jan to mar result,comfort jan to march and supermax jan to mar and compare...will know the big diff.

Good write up. One of the reason becoz tg is 2.5 mths in to covid period,comfort 1.5 mth and supermax onky 2 wks into covid period.somemore is at lockdown period during march. And supermax 2wks in to covid period while lock down still can get 2x profit margin increase 9 to15.

BeyondFit™ is a custom-fitted, 3D-printed N95 reusable face mask that is 100% recyclable and 100% conceived, made and assembled in North America to avoid oversea shipping and green house gas emissions. The BeyondFit™ face mask is lightweight, it perfectly fits the face of the user with no pressure points, CO2 or heat build up over extensive time of use. The BeyondFit™ is over 100 times sterilizable, washable and reusable, 0-waste incentivized return program after face mask lifetime is over and sold directly from manufacturer to user to shorten the supply chain and minimize emissions.

Thanks stocknewbie...hope they can launch beyondmask worldwide soon...looks like another high margin product by supermax.

Supermax profit is about 70 to 100 percent of tg profit. So next qtr profit will be 200 mil to 350 mil based on tg qtr 3 profit.

Market now is pricing ina a qtr 4, 110 million projection at current price. Which is based on 350/3 of tg earning. And also a 110 mil 5 qtr projection by ib. Thanks to them for those who are interested to get in the boat b4 it takes off in july.

Good sign ppl are coming bak to basics n start sharing qtr 4 projections. More ppl will need that advice. Thanks to all the sifu .

Comfort result for feb to apr ... abit disappointing. Same fate like the rest.
So far only supermax jan to mar , Tg mar to may impressive.

U think u wan to let go of your glove stock ? Think again.

https://goodjudgment.io/covid-recovery/#1363

Look at the world most elite superforcaster about :
How many total cases of COVID-19 worldwide will be reported/estimated as of 31 March 2021?
N many other forcast. Trust the ultimate guru.

mytwocents...true it will not shoot up the price instantly, but definetely will give the price potential catalyst to appreciate in the long run.

thank you bullballs, c ppl low morale..must give them vaccine.

Seriously , if arab islamic fund want to buy glove stock in malaysia...who they choose?
In the past,Only TG n HARTA. After 22 jun, Add in Supermax.

there r so much fund in the world wanting a piece of good quality healthcare n glove company to invest into since covid. But in our index ther is only two, so they badly need more quality glove company to be in the index. So Supermax was the next quality stock under their radar now. Still very much undervalued as compared to his brothers.

U must understand y only Supermax is enlisted out of the rest of glove players. These are stringent criteria to be of same quality as harta n Tg to be part of the index.

Supermax is going into Shariah index...a very important stepping stone to becom composite index. Dun underestimate this news becoz harta n tg will not hav such big market caps if they r not in this two index. Supermax is the next one to be in the club. Until then the market caps will no longer be at such huge discount to the big brothers.

mytwocents...good write up...very conservative and down to earth.

by yr end possibly only 3 glove company in composite index.
1.TG
2. Harta
3. Supermax