Joyvest...most probably they will declare it as dividend. If they really wan to sell , most probably they will sell to fund n not retailer. If they sell to fund , then u can be sure the game is far from end. If they wan to sell at 10...then the market price will be more than 10.eg 12 or 13. Anyway, whatever they do, either as dividend or sell to fund. They already sitting on few hundred millions of profit. N i think its their best investment decision. Even they build another factory ,they also need many years to earn bak . Imagine if they got 1billion capital gain. Better than sell gloves for 10 yrs precovid.

If they dispose to anchor investor at rm10 for 688 million..their production plant expansion of 50% to 38 billion will be FOC almost.

joyvest...68,888,000 treasury share...valued at 611 million with about 460 million capital gain.This capital gain is already 4 yrs precovid profit already. Imagin Supermax goes to 10 n above.

The capital gain will be huge ..n may equal to 10 yrs profit already. u can go calculate.

No, glove is bear trap.

Since Supermax QTR 3 report, It shows it beat kossan in profit 71m vs 64.8, Since then within 2 wks, investor had voted with their money that Supermax shld b worth more than kossan market value of 12 billion.

By now its very clear than supermax QTR 4 profit will b more than Harta's. Will investor vote with their money again this time on Supermax new market value? I believe some smart investor already made up their decision even b4 QTR 4 is out.

At least, the management of supermax n directors had voted with their SBB.

By qtr 4 result ,supermax will be worth at least 50% of tg n harta market cap...if not grossly undervalued. Becoz supermax will be earning more than harta per qtr. So u think at least 50% of harta mar cap is reasonable? I think its stil cheap now for supermax compared to its big brothers.

Covid index is corelated to weather n lock down...it trend downards when temp turns warm n lock down started ...n when temp turns cold n lockdown ends the covid index will resume uptrend...

Smelling bull trap everywhere b4 market crash again on 2nd wave...be prepared.

2721 ,yes i majority in supermax. Bursa return too slow...so no consider...lol. covid index has hit support n rebounding n resumjng its uptrend...breaking out iminent. Break out will happen on 2nd outbreak.

Charlest...this supermax too pretty i cannot tahan...i only hamsap for her...lol...somemore she hinted got bumper boobs...lol

Many ppl here premature ejaculated upn seeing a beautifu lady unveil her mask(qtr 3 result). At least wait she undress(qtr 4) then decide whether u want go in bed with her(qtr 1 result.).then u can say bye bye to her or decide to marry her..lol

Rubberex sbb...i dunno how much they can buy bak b4 they cash deficit.go check their cash flow,u will know how much they can sbb. I dun think they can sbb much given their thin profit.

Investor2020...i hav no tp now ...if u hav confidence in qtr 4 result wait til then...no one know the result until at least 20 july...so those who throw r throwing without knowledge or they r traders taking profit. Those who stay r aiming big gain for the spetacular result. The next result will show the true impact of covid result on supermax.the 1st report card. If any one surrender b4 the 1st report card is out. I can only say they hav no idea of wat is a glove bull run on health crisis. The biggest health crisis in modern stock market history. No one has experience b4, even big fund also in grey areas.they r also waiting the 1st clear signal to make further decision. The show had jus started n ppl think this is over. Remember the director sbb price,that tell u that supermax result is so good that they think even 5 to 7 is still cheap. U c other glove company sbb even at this stage. No only supermax.

u can come bak as mr wong son n get bak the money la...dun woryy

its slow from 10k to 100k, but when its 6 mill to 7 mill...it very fast..1 wk already reach. 7 - 10 mil...dun need 1 month i think.its going faster n when fall comes...flu + covid...wow..volcano explode..

i jus joking la...but given the riot worldwide...its like providing the covid a greenhouse to mass produce.

The covid is trying to find support n will resume the bull trend for next breakout...

i beleive the medical expert will b very willing to buy the diy 4.90 gloves on their patient as recommeded since eat coconut can win already.

yahoo128...yes it will adjust.if ppl are expecting better bumper profit ahead in qtr 1 which is even much higher compared to qtr 4,then it will move up again .the lower threshold after adjustment will attract ppl to buy in also.

apply discount ah....dun overblow

Nowadays they do live streamjng where got take photo...

Only jun now so high price...apr may not so high...but qtr 1 will b crazy if u think qtr 4 is high.

Ah long also go borrow from bank wher got money lend u...

Not every place also so high...in uk price not so high....but us is their major market...more than50 percent now i beleive since their demand is much higer.

90% discount for u lah...300 million...lol

N it is still increasing when second outbreak come

https://us.vwr.com/store/product/12610694/supermax-aurelia-questtm-white-nitrile-powder-free-gloves

Us distributor for supermax healthcare. Asp usd252/1000pcs....crazy price...dunno how to calculate profit already.

someone ask whether can buy now...take note of the following timeline.

1. TG result which expected to be good. Sentiment lifting jus like Supermax QTR 3 report.
2. Supermax will be in FTSE Bursa hijrah shariah index on 22 June. Islamic Fund will be interested to invest in Supermax , Just like TG n Harta also inside the index. Look at their market cap.

...@chief999 Superman will be listed in.. Heres the description

The FTSE Bursa Malaysia Hijrah Shariah Index is a tradable index which comprises the 30 largest companies in the FBM EMAS Index that meets the following triple screening process:
FTSE's global standards of free float, liquidity and investability.
Yasaar's international Shariah screening methodology.
Malaysian Securities Commission's Shariah Advisory Council (SAC) screening methodology.
05/06/2020 10:18 PM

3. More outbreak due to riot in US, worsening of Covid in South America, India, Africa.

4. July 15th, all QTR 4 result will be known n leaked. U will c company action or fund movment become more active. In April 15..SBB started. So July onwards, Supermax will become very active again as a prelude to Aug result.

5. Final movement to QTR4 Super result in Aug. Be prepared.

That why stanley wan to do obm..fed up with the harsh us distributor...lol...i manufacturd until wanna die only earn few sen per pcs..they resell earn 10 sen oledi.

Thank you everyone. Mus do a bit of write up once a while. Reassuring the newcomer nrefreshing some old memories...looking forward to tg result.

freetospeak In this covid crisis...who earn the most profit from ppe? its the distributor not the manufacturer. Becoz they can mark up a lot as they deal direct with consumer at the front line. Manufacturer are tied down with commitment cap and rigid pricing policy due to hard pressing by distributor. During this shortage circumstances, OEM manufacturer are slow to report their better earning, thats why many like harta kossan careplus all reported lacklustre result.

OBM manufactuer has edge in this, Supermax is the one with the highest (95%) n widest distribution network with loyal customers all over the world. OBM networks takes many years to establish n incur high cost. thats the reason even harta kossan and even topglove is still laggin behind in this.
U can build a factory in a year..but u cannot establish network in a year..not even few years. Supermax took over 5 yrs.

OBM network is really a undervalued gem in Supermax. With this covid, Supermax OBM network further expanded n reached even direct government agency n nfo now surpassing middleman.
Supermax now hav two earning stream, OEM n OBM. And as u know ppe distributor earn more profits during this crisis. So lets hope this OBM arm will bring further margin expansion in the next qtr when others are still trying hard to increase their oem pricing.

I expected a 3 million profit for careplus for its current price. The report is good compare qtr to qtr but its price abit overpriced. For next qtr it need 5 million to match current price if its price rise even more than need more than 5 million for next qtr may be 8 million. But at least got dividend not that bad. All the best to careplus.

A tax holiday is a governmental incentive that reduces or eliminates taxes on businesses.
A tax holiday can encourage economic activity and foster growth.
Tax holidays are instituted by local governments and governments in developing countries to help stimulate foreign investment.
Tax holidays are believed to increase long-term tax revenue because they help businesses maintain or grow operations, which creates more taxable revenue for the tax authority.

https://www.klsescreener.com/v2/news/view/685577/tax-holiday-for-new-capital-investments-above-rm300-million-in-manufacturing

got 15 years tax holiday u scared or not...lol

- Plant #12 (Lot 6061) • Block B (production machineries only)
- Plant #13
- Plant #14
- Plant #16 (Lot 6062)
TOTAL
65.0
230.0
230.0
190.0
715.0 million Total CAPITAL EXPENDITURE

Supermax can apply for factory expansion.

Companies, both foreign and local, which make capital investment of between RM300 million and RM500 million will be able to enjoy zero investment tax for 10 years.
For capital investment above RM500 million, companies will be given 15 years of tax holidays.

wah...so obvious signal...8888...dunno gooshen will go buy 1 lot at closig 8.89 to kacao or not...lol

8.88...lol

chinese glove cannot go US , UK ...no body want china gloves..even china hospital dun wan to use...lol

of course its fake...no result out how to know got high profit...n how much tax to impose...all fake.

wongtty...any additional tax will not severly impact the profit for glvoes company. It shld be absorbable range like the palm oil tax. The government will not be so extreme til scare off the investor. It doesnt change the fact that they r still earning big profit even after tax. So any dip its jus to scare off weak holder. Jus treat it as a higher company tax than the others n i think its acceptable.

Note: wait til the government to convene parliament first..if there is any..lol

pity those newbie always kena shakened...sigh...

A price ceiling on PPE doesnt work unless its a collective action by every country. If not it will flow to other country. USA is rich enuff to buy all the gloves at US$150, they will grab every one they need at any price. If its about money they wont even blink.

The company can pass on the tax to foreign consumer. dun worry..if US impose price ceiling on PPE, that is not really free market...n the gloves is jus a small sum to them...its still cheap even at US$150, if they impose price ceiling...the gloves will flows to other country. So this will hurt their number of gloves imported. So du beleive any rumours until it is confirmed.

how to hav windfall tax so fast...no parliament sitting...can simply impose?

another rumour...good job...

windfall tax is a possibiblty..but on the premise that they know how much is the windfall...UK hav been removing tax on PPE. Are u sure the governemnt want to tax on ppe to hav a bad image? How u know gloves company will not price +tax to foreign buyer?

the governemnt already know how much every glove company make already ? so fast...faster than the managemnt of all the glove company...they can hav a exact picture to tax..how much 10% 20 % 30%...how they come up with the number? wat if they tax already...comfort profit only icrease 50% ,rubberex only increase 30%...u tax wat?

now mayb even ahlong also dun wan borrow money already, becoz they also wan to buy when drop so no money to lend...so now illegal banking n legal banking fight la..lol..

Charlest...i also very old liao...u also want?

Money888...highly possible...i quoted rm21 as supermax fair value last month..seems materialsing soon when the next qtr 4 result out...finger cross..