already 1500 ton now , increase another 300 ton from last wk.

chief999 and for anyone who is interested in knowing the export data to us from supermax , here is the link. c the export increase dramatical for april to may.

https://importkey.com/i/maxter-glove-manufacturing-sdn-bhd

pls be aware mar profit is under mco... if not under mco profit will be higher. april to jun mco effect is limited already .

lets guess the march bumper profit

jan eps (2.31 last qtr eps/ 3 )0.77 x 1.05 (5% asp increase)= 0.81 =assuming =1
feb eps 0.81 x 1.05= 0.85 assuming = 1
mar eps 5.2- 2 = 3.2

april eps 3.2 x 1.1 (10% asp increase) = 3.52
may ep 3.52 x1.1 = 3.87
jun eps 3.87 x 1.1 = 4.26
total 11.65 for qtr 4

wat do u guys think ?

wat i knew is asp is 20% mom from april to jun ..lets assume 10%.

chief999 ...hint on calculate wat..i got all the info on net...

stocknewbie..supermax dun hedge sales receipt as i hav mentioned. they benefits from strong usd.

i saw that on harta also...banyak pandai all these businesss man

chief999...i already many nite sleep not well...compiling numbers in my head...lol

now april to jun not over...will compile more accurate numbers when its over. management also dunno the numbers now...lol

chief999, i also noticed thei inventory din used up much...seems they hav spare stock for"emergency usage" ...lol...i believe new line will b on in jul. and another line end of year.

i was looking forwar to the day supermax same profit with top glove...lol

chief999...great info...thanks a lot.always learn a lot from you.

Haha...mus b conservative chief999. Dun bring ppl to holland.

Dear OTB sifu,

The mco indeed affect the profit for qtr3 and will a bit on qtr 4. Thats one of the reason din hit 100 million may b. And lesser asp increase which we over priced. For qtr 3. Some inventory are old stock which may carry old cost . So will affect qtr 3 profit from 100 to 71. For qtr 4 if the info of 20% asp mom increase is true,then 120 to 150 million is very possible.but factoring in mco is needed. So i will giv a 120 million to b conservative.but knew they reopen their old lines under refit to cater for demand so it might mitigiate some losses in production.hope it helps your analysis.

The pandemic has brought Supermax Group bumper profits beginning March/April, 2020, for both the Distribution Division from the 7 countries where Supermax Group operates and the Glove Manufacturing Division in Malaysia.

What do u think is a BUMPER profits?2x, 3x or 5x?

meaning current qtr profit is a normal profit , not even consider a bumper because it say" profits beginning March/April, 2020"
jan -march is jus apetizer. bros...need inputs all come calculate.

The pandemic has brought Supermax Group bumper profits beginning March/April, 2020, for both the Distribution Division from the 7 countries where Supermax Group operates and the Glove Manufacturing Division in Malaysia.

What do u think is a BUMPER profits?2x, 3x or 5x?

Thank you everyone and all the sifu here. I am glad my view did help someone n din bring ppl to holland. Kim,Pang72,Targeted,Chief999 r all good sifu. Many info n comments from them helps my analysis. Thank you OTB sifu for your report for better analysis. Hope everyone huat!

My tp is 6 9 12 tp for each qtr 3 4 1st. Conservative 5,8,11. Welcome to debate.

I hav been saying many x but may b very few ppl pick up.

I3 lurker. Thats why i all in supermax. I dun touch other glove counter becoz only supermax is obm king.u sell 1 glove equals to sell 5 glove. So sell 2 billion equal profit to others sell 10 billion. Jus an analogy not exact secario. U add 10 lines production,profit also not as good as i sell 2 lines of product.

they hav obm but not more than 10% n many country like US n UK dun hav i surpose.

remember wat i say...1 billion profit for supermax is not a dream.....rm 20 c u next year...lol

OTB sifu, Thank you for your compliment. Jus sharing thought. Hope more ppl can correct me if i am wrong. With increase in 20-30% ASP monthly from April to Jun. It is very easy to achieve 2 x profit from now. The current sales figure Is not the max for the current capacity. there will be higher revenue recorded for supermax in coming qtr.

Yes, i am refering to PAT becoz i am basing my calculation based on PAT as well.

last few years Supermax spend alot of money establishing OBM networks which resulted in poor margin n lesser profit. Thus resulting in underperforming in the big 4. Now its time for supermax to catch up. And show the true power of OBM king in Malaysia Glove industry

The prospect from Distribution, Manufacuring of Gloves and Contact Lens divisions remain robust and we are optimistic that Supermax’s Own Brand Manufacturing (OBM) cum Disribution business model yields better returns than the traditional OEM model when demand spikes exponentially.

C why supermax is the BEST of all glove counters.

other glove counter will not record such high margin. This is due to OBM.

Chief999....i say 75 million jus now...zun zun...nex qtr..minimum 150 million...dun say i never warn everybody. export to US from

jan to mar = 1200 ton
april to may 15 already 1200 ton
May 15 - jun = will b another 1200 ton.

so is 2 x profit from 75 million at least.

jus need someone to throw one panty at the 4.60 pls...lol

macam door closing all squeezing in last min...can only mean 1 thing...super good result.

supermax result must b real good to preapre for whole industry rally.

even kossan also last min push up...whole day sleeping.

ok lah...last chance to buy...c got magic happen last 20 min.

who put a paper wall at 4.50..lol

if this qtr not so spetcular...dun worry..i guarantee next qtr ..u will smile in dream.

thanks chief999. 1 billion profit ...i also dun beleive...so its normal.but its a possibilty. wat gives me confidence is topglove can up100% in their price for obm. then i suppose supermax can do that also. 100% cannot imagine the profit.

comfort profit for 2021 is 216 million...when I say supermax got 1 billion quite reasonable also...lol...no many beleive me...but seems OTB sifu beleives...lol

i think the most asked q is when is the report out...lol...tonite shld be.

i expect a limit up tomorrow after report...lol...fingercrossed..but the 40 mil for comfort i dun think is for this qtr.may b next 2.

but the problem with comfort is the same as harta...as oem ..their price adjustment will not be so flexble n nimble as supermax obm. so it might be reflected in later qtr as compared to supermax.

u c KYY n OTB sifu new calculation on comfort? So my estimate for 100 million is not without basis. Of course whether the ASP price will increase by so much will only be know in this or next 2 qtr .

but u never know the ending price today. may b last 15 min sapu all.

i guess may b 2.5 x of 30 million = 75 million. becoz rose 2.5 x from 1.80 to 4.50.

chief999...150 million i say next 2 qtr ah..not this qtr...but i dun mind either this qtr as high as possible...lol

maxam becomes pak maxam already...like pak tua loves to sing song..lol

big fish is in.

on april 15..big fund start moving in...so u can c the result is known already on that time...towards the end of april sbb starteed.

on the date management sbb..the result for jan-mar already known to insider n ib already.

from the price rise to 4.50 u already can guess the result is 3 x better. if not, next qtr will definetely be 3 x - 5 x better.becoz april to jun is the starting of high asp price. jan -mar asp price hike is much lower. look at harta...price now higher than annouce result so where got anti climax.

tonite we will know how many x the next qtr profit will be. if tonite profit is 60 million ...next qtr will be 150 million.

buy on any dip ..keep 6 month..double your investment.