spend 60 million share buy bak...not cash rich who will do. rubberex somemore ask for money...

i think harta if not for foreign exchange loss ..got 50% profit...coorect?

all glove stock only supermax SBB, all other not private placement ask money, director sell shares.Onl y supermax steady, give confidence to investor.

ppl will forget about that news the nex day already.coz it takes long time b4 they can be tested safe.

the best vaccine is vitamin D zinc + C ...enuff already.

Supermax is the best ... OBM shines in this shortage of supply...maximum profit from maximum price increase. Only OBM can do.OEM cannot increase as much as OBM.To increase profit now the only way is to increase price, u cannot increase production overnite.

All vaccine shld hav report postive data o early stage ....if not how to go 2nd stage..china hav already few vaccine in 2nd stage.but still far far far away from being tested safe. Donald trump using moderna to save stock market tbis time.last time is remdesvir.

harta accounting lag lah...next qtr baru reflect high ASP price.

Singsing33

u r wrong, if asp increase 15% and cost remains the same n even with same output...profit will increase by 100% in the case of harta with margin of 15%. With ASP increasing m o m...i dunno about harta ASP incresae in price policy, but very likely a 15% increase is definitely in sight. Price increase more or less will determine which glove stock will benefit most.

I trust management sbb becoz they must hav good profit. So jus hang on to your share.IF this qtr din reflect the covid demand, then next one will be very much better.ITs jus acounting lag.

but why qoq down instead????

25% increase...ok below expectation.

i wish harta profit is at least 180 million...then all glove will boom

u c supermax movement n PE already know her profit is catching up the other big 3.

actually supermax n harta same 130 millioon ...i also no surprise...lol

why so many ppl dunno kyy in supermax ?

Chief999..infact i am looking forward the day supermax profit same with top glove ...lol

now all eye on harta report...lol

may b will move up to 5 on wednesday then limit up after report out.

already priced in perhaps.

jus guess..heard their management no hike price for asp that much n export to us also drop..may b they shifted export to supply other place.But confirm full order. so result is good but may b not so fantastic.

harta result not so good but supermax result super good.

can be 6/8/20 also...lol

supermax pe will be the same with TG n Harta eventually.

the raw material haven buy oledi earn 20% profit...macam like buy latest iphone early 1 yr.

everyday also got order flying in, everyday also can get 20% deposit...where got resistance.

theres no real concrete resistance for the next 6 mths.

no bonus below 6 ...

the best part is u dig gold, process gold, open gold shop sell gold to public...upstream downstream earn all profit.

if your company suddenly got gold mine at basement...u think wat will happen to the price n chart?
of course everyday go up..becoz u are digging out gold everyday.

wat about 5 x 10 x...asp price is increasing weekly n monthly.

when profit expect go up 3x in near future...current price is at pe 16 only

OTB sifu ...Power !!!!

Normal 95- 100% operation can result in 10-15% cost reduction, coupled with low material cost n natural gas,high exchange rate. a 10% reduction in cost is quite conservative.

wah only increase profit by 30,000k?
2.31
0.000
0.8600
385,497k
30,165k

a cost saving of 10% on 350 000k cost already can give 30000 k profit.
not factoring in 30% voulme n hike in price.

MTAG easy easy go to 70 sen...how to get 0.42

wheres my 0.42...????

if they cancel order minimum 20% profit. If they accept order more than 20% profit due to high asp price Month on month.

According to the research house, demand for rubber gloves has continued to surprise on the upside as some manufacturers have started accepting orders for delivery one year in advance with 20% deposits.

i told u they accept 20% deposit.
For supermax a qtr revenue of 500 million (conservative) x20% = 100 million deposit n guaranteed profit.

100 x 4 =400 million guaranteed profit.
400 million =30 sen eps guaranteed

pe 20 = rm6 minimum guaranteed.

i also wish it can correct...export to us x 2 in qtr 3..x2 again in qtr4...meaning qtr 4 is 4 x export compare to qtr 2. 600ton to 2400 ton. how to correct ???? i also wan buy more ah...i also hen FOMO ah...

Thank you OTB n KYY sifu and all IB for creating public awareness of Supermax OBM advantage over others.

now then they realise OBM advantage.

only supermax green for glove stock.

jus when i wan to buy 4.06 ..it straight jump to 4.12...he know i wan to buy is it...lol

who so impatient got 4.07 dun wan straight buy 4.11 ...lol

i really want it to correct to 2.80...i think its more difficult to reach 2.80 then to reach 5.20 now.

u hear OTB sifu...strong support for price...buy on dip....

Price of glove will be higher mving towards end of yr when us prepare for winter outbreak.

Actually OTB Sifu has the highest short term tp among us.

OTB sifu tp is for short term,doesnt mean long term is still that price. When supermax eps hit 50 sen ,pe 20 is already at 10,hit eps 80 pe already at 6.

U c my export to us increase from 600ton to 1200ton for qtr3 n possibly 2400 ton for qt4,price increase is 15% for qtr 3, 90% for qtr 4,and 15% mom on top of the previous 100% for jun to aug. U can c profit is exploding for supermx. That is for us only,wat about uk,south america?

My target is a 800 million to 1 billion profit for the next 4 qtr.til then rm 10 is only at pe 10.

shipment to US for oct to dec is 643406 kg, (90days)
jan to mar is 1254593 kg (90days)
apri to may 15 is =1245818 kg (45 days)

from here u can c, the sales increase by 95% from qtr 2 to qtr 3 to US.
April to May 15 already almost same for Jan to Mar.
Can expect April to Jun (QTR4) will be 100% more than (QTR3)