This event is just like Jaks, last time getting power agreement. Construction will take years before power is produced. Need partners as large capital is needed.

MFCB has fully produced power from its HEP plant in Laos, Jaks has already passed the COD date and testing second turbine for their coal powered plant in Vietnam. Refer to DK 66.

To me, Jaks better as profit is already rolling in, guaranteed for 25 years, whereas Toyo Venture just sign agreement !! It will take years to bear fruit. Jaks is cheap now as it has fallen from above RM1/.

For year ending 30/6/21, assume eps same at 30 cents/qtr/ share, is RM 1.20/yr. Thus PE is 5 x at Rm 6 !! Very conservative estimate.

Only thing is Supermax does not have large SBB to support price. However, I believe, later on Fundamentals will still prevail as it is cash rich, ASPs still rising, increasing spot sales, and doing OBM and ODN, thus higher margin with high earnings visibility till end 2021.

Coming results will paint a clearer picture. In KLse, have to be contrarian in order to get profit. !!Already gone down from RM 11 after Bonus, how low can it go ? What do retailers want in order to be convinced this is one of the best shares to invest ?

Bought before. When auditors want to investigate, the stocks missing. Wont trust China stocks anymore.

Dicky me, you can be really annoying. Give facts to substantiate the price going down. Dont just keep on repeating.

Of course everyone is entitled to form own opinion, but to keep on and on, really irritates everyone.

We all know EPF as well as TG CEO has been buying back own shares. So there is a rock bottom price, around RM 7.70, where he will defend it as it is really under valued. The price will never go down below this.

I dont agree with logic buying cheap Glove shares that have yet to produce, like AT !! KYY still has lots of Supermax.

If investors, retailers wants cheap shares of Supermax, Top Gloves, they can always buy Call Warrants, such as C 1A, 96, or some cheap but still good with reasonable premium such as C 97, C1D, C 1K. For TG, it is C81,84.

Its just like Mah Sing, when announce glove production. Price will eventually go down. Fundamentals will stand the test of time.

Nowhere in KLSE will you get the best share in terms of overall criteria,-very high earnings growth, net cash by billions, record earnings up to end 2021, high ROE, forward PE less than 10,as eps may touch RM 1.20, Div Yield 2%. What more do investors want in a share ?

Vaccines will also need more Gloves to administer !! Market of Gloves is worldwide compared to local Vaccines production, confined to Malaysia.

Rights issue closing date, 12 th Nov. Up till now, have not received the Rights Issue Form from Malacca Securities, the underwriter, and from RHB.

Tried the Tiih.online, but cannot access the website !!

Thanks to DK66, managed to see the forms required, but have to print it as printer - rosak.!!

So, dont take for granted you will get the forms before the deadline !!! Hope can reach Registrar before deadline, now that it is CMCO time !!

When you eat, you have to open your mouth, that is when Covid can spread from your friend who can be asymptomatic !! Seems Infineon has one or two Covid case, after disinfection, next day, go to work !! Top Glove has already issued statement.

Amazed at naysayers, one after another to push down price of Gloves shares. Now no more fear of Windfall tax, US will buy more Gloves and other PPEs plus lift CBP order on Top Glove.

Too many positive factors for Gloves vs negative factor of Vaccine only, so, Gloves should go up soon as it is so undervalued compared to Tech Stocks. ..

IBs should be afraid now to push down prices of Call Warrants, as there will be more willing buyers, now that the way ahead is much clearer !!

CEO said TG will be no 1 .in KLSE soon, and will give good dividends every quarter. So, capital gains and dividends for the smart investor, isn't that very good ?

Giant Panda, if possible this comparison with tech stocks , should be made into a blog so that everyone can read and digest.

Many dont understand investors logic and mind set, chasing Tech Stocks that is highly overvalued, and neglect Glove Shares that are so Under Valued.

Supermax for instance has 2.3b in cash, very low forward PE of <10, higher ASPs, thus high profit growth every quarter, high ROE, very good prospect in a high demand industry, where lead time can stretch to > 1 year, high earnings visibility till 2022, offers 2% DY, etc.

Yet price has corrected a lot and lower than RM 12/ before Bonus of 1 for 1. !! I fail to see the logic of it being sold down, UNless many funds, institutions , have not bought enough, and are accumulating, before they push price up.

Kindly go to Kenanga and Kenanga Oppurtunity Fund.

Fund managers with good performance has quite a large number of Glove shares, especially the - anak tiri, - Supermax.

Dont know why some IBs write ups, always dont have Supermax comparison, but will have TG, Harta and KOssan. !!

Maybe, they missed the boat and are accumulating, who knows ?

PE 10 times, is a very conservative multiple, as it is Forward PE, assuming eps per quarter is 30 cents.

For next quarter, very unlikely for Supermax to have eps of 30 cents, it will be much higher. Actually realistic PE should be at least 20x for fast growing shares. Look at Tech stocks, their PE is at Stratosphere !!

Kindly notice that due to OBM and ODN, higher ASPs, highest margin, spot pricing, highest eps/ qtr of Gloves shares, do you think price will remain at below RM 10 ?

Actually, it still have not reached its highest price RM 12, despite very superb results. Maybe due to its dividend policy, some IBs do not cover Smx, low publicity, etc.

Top glove coming profit estd at around 2.5 to 3 billion net. Top
glove has many plus points, namely quarterly dividends, good publicity, highest production and component of KLCI.

One has to be patient to reap rewards. Noticed that Call Warrants C 81 and C 84 offers extremely good value and largely unnoticed by many with very low premium and many months before maturity.

Once again EPF slowly picking up as it offers good Div with which EPF uses to pay dividends.!! Believe that it still has room to grow and remember what CEO says, to be no 1 in KLCI, requires it to go beyond its highest price of RM9.70.

Market is unpredictable. However, Harta price up after recent good results.

Hopefully market understands Supermax profit is increasing by leap and bounds. Q1 and Q2 eps is 30 cents each. Assuming eps for a year is 1.20 for 4 qtrs, with PE of 10, very conservative, Fair Value is RM 12.00 !!

Which tech company can challenge, 800 mil net profit for three months and increasing !!Yet price is below RM 10, and below the highest of RM 12. Its ASP is increasing, production of Masks to Canada, and contact lens also contributes to its profit.

Many retailers simply buy the cheapest Call Warrant, but actually with very high premium. To make maximum use of your limited money, Call Warrants C 1A, 96, 93 is a better bet. For cheaper CW, can try C 97 which really being sideways for a long time.

Supermax still undervalued. Most investors buying CW near the peak, still losing. Investors can consider C1A, 96 or cheaper ones like C 97, with low premium.

Top Glove C 81 and 84 seems good to ride on Top Gloves ascent.

last quarter, lady accountant sure net profit One Billion.

This quarter, believe that this will be achieved as there is roll-over from last quarter.

Supermax has yet to reach its highest price before bonus issue.!! Still has room to move up.

how to access the private discussion room ?have forgotten how as already accepted. thanks

PM. kindly add me

Those buying now is at cheaper price. Most of us bought before bonus issue at around RM22 ringgit. Most of Call Warants also at a cheap price and low premium, like C1A, C 97, C93, etc.compared to before Bonus issue.

DickyMe, please quit spamming your 4 rgt TP. Your repetitive comment is boring.

PM, would like to be in private discussion group. Thanks.

Why sell a good share that will anounce record Rm1.2 bil minimum ? Plus other good points.

Can team rocket give another share with solid fundamentals like Gloves ?

It warrants can convert to Mother at 20 cents, so sell, buy WB, change to Mother, and you still have the share.!!

From TA, looks like bullish engulfing pattern, meaning it can go up.

Malaysian investors are funny, everytime penny stocks announce MOU, or negotiations for Gloves, Vaccines, price will go up on expectations !!

Big 4 Gloves, they sell down, even with proven very incredible results, especially for Supermax coming this mid October !! All Gloves AGM say same thing, - ASPs increasing, long lead time, Spot order increasing at higher price,difficult to meet the high demand.

Very high probability Supermax Q1 year 2021, will exceed expectations and achieve record profit of around Rm1 bil or more!! Remember, its last quarter profit was already 400 million, and based on TG recent results, increased by 4 times last quarter. What more with profit from last quarter, realised only in this quarter. Moreover, it is not afffected by US CBP restraint order as it is a lucrative market.

For those with limited funds, can try Call Warrants as it has already fallen a lot and still has ample time period before maturity. C 96, C 97, C 93, C 1A offers fair price, has volume and with reasonable premium. Cheap ones with higher premium are C1D and C 1K. Please do check with klse screener or i3 investor under warrants before you decide.

Dont worry, our market sometimes do the opposite, Top Glove will go up !! Believe Rm 9 will be its target before further up !!

Those with limited funds can try call warrant that is cheap, but premium is fair for its price, namely C 81, and C 84.

Check it out yourself at KLse screener apps or at i3 investor under warrants.

Dont believe dickyme. With TG boss buying back at around RM8, it is almost not possible for TG to go down to RM4. '

It is a safe bet that since supported at RM8, price can only go up. Have faith that TG and Supermax price will rebound.

TG has the biggest capacity and net profit, but Supermax will have higher profit margin and higher earning per share due to its smaller number of shares. Supermax fair price should be above RM10, as before bonus, price already reached more than RM22.

Dont listen to those naysayers. Supermax is still the best choice. More positive news than negative.

Am still holding, and confident that Q1 for 2021, will be very good, with margin better than TG. Eps will be around 30 to 40 cents.

Only thing is it is not in KLCI index, so less publicity. Buy back also not so prominent like TG. Seems Big Funds coming in now to support.

generally speaking, to win in shares, be a contrarian. If everybody is bearish, good to be bullish. Deposits paid already billions, and waiting period for orders, till end of next year, so earnings visibility is good even up to 2 years as attested by Hartalega boss. Spot prices with higher ASPs is also increasing, month by month.

What is driving the prices down ? Can you find another company with such good earnings growth and net profit in Billions ? Nestle has less then 1 billion profit per year. Profit growth is more than 100 % per quarter.

Assuming eps after bonus is 16 cents, very very conservative, not taking quarterly growth in profit from higher ASPs, eps per year is 64. Taking 15x PE, price should be minimum Rm 9/ !!

Compared to Tech Stocks and Plantations which is projected profit, and yet to be realized, their PEs are higher than 30s compared to Gloves. Vaccines will still take long time for people to have faith to trust that it has no side effects. Also how big is the vaccine market in Malaysia, profit is not much as we are just repacking!!

Remember, a bird in hand is still better than 2 in the bush !! Sure profit in Gloves better than others in Tech Stocks which has less earnings growth and overvalued.

KYY after selling other gloves co, now go back to Supermax. why ? Because its OBM, and ODN, plus higher ASPs will mean higher margin than TG. TG profit increased from 349million to 1.3 billion, ie.around 4 times for June, July, August.

Supermax has profit after tax of around 400mil for last qtr. If following TG trend, minimum profit shall be 400 x 4, or 1.6 billion !! Note that Supermax has 1/3 of no of shares of TG. Also Supermax not affected by American sales as TG.

Believe its not the end for Gloves, otherwise KYY wont go in. Should foreign Funds enter, price will be higher. target price for Supermx should be higher than TG of RM 10!! Just be patient.

Nor amir, you hit the nail on the head. Believe this is what is happening. AmBank and other Call Warrants issuer have to cough up lots of money to setlle CW which is maturing soon.

As happen to Heng Yuan, dayang, only way out is to push prices down so that IBs pay much less to CW holders.

Fundamentals has not changed at all, ASPs higher, higher capacity, earnings visible for 18 months, more covid cases, etc.

Chart wise, possible to reverse downtrend soon.

Buying more when price goes down. Selling may be due to forced selling, margin calls, moratorium ending. Whatever, strong holders are left.

Price will go up higher later.just be patient.

Price is very undervalued. We buy based on Fundamentals and Technical charts. Chartwise, a long harami, candle, which can be a reversal sign to be confirmed.

Chances of going lower is less, chances of going higher is more as even insiders are loading up their shares. Inv Banks up to their tricks again.

MacQuirei at one time says high TP of TG, then reverses and say Target price of 5-40. Done to protect paying profits to Call Warrants holders ?

Supermax fell more than TG maybe because IB cap on the price is lower and also limit down for Supermax is 30 percent compared to TG 15 percent. However, profit wise, Supermax margin is anytime higher than TG.

Be greedy when others fearful. Loaded up more supermax as it has highest margin.

Please base your decision on Facts, and not on hidden Agenda of Investment Banks. One time Put Target Price very high when pushing Call Warrants, and then when realize rugi as have to pay for CW that is maturing, put in bearish report to push prie down. !!

Am Bank and McQuirie the culprit, manipulating their reports to suit their purpose.

Please check fundamentals, Supemax has orders to next year, prices higher than Top Gloves per thousand pieces, higher capacity, etc.

Price sell off due to margin calls, capping by Inv Banks, and forced selling. Best strategy is to hold, and average down.

Top Glove at this price is low as Quarter result at least 800 mil net profit, to be announced 17/9.

After almost 7 market days of down prices, betting that price will rebound after share buy back by Directors.

In down trend, buy mother shares and not call warrants. New Call warrants are cheap, but with over 100% premium !! Value for money Call Warrants can be C 81, or cheaper c 84.

For those willing to try, now good time to buy as price is lower than Aug 17 low. !! How low can it go ?

Jia, you are causing people to lose hope and losing more. Why are you so cruel ? What are the facts behind your statement ?

Retailers in Malaysia just follow crowd. GETS, Vizione, just announce going to gloves, price go up .!!

Those major glove producers making lots of money now,e.g. -Top Glove, to announce at least 800 mil net profit, they panic and sell. Where is the logic ?

Call Warrants at over 100 % premium they buy, just because it is cheap !! Buy lah C81, C84 at least not so high premium. Anyway when prices down, better to buy the Mother Share price since so low already.

Betting that prices will rebound since buyback has started.

Giant Panda, concur with you that OBM model, Own Distribution Network, Higher ASPs, Increased capacity and INcreased Spot Prices will definitely lead to higher profit than last quarter 400 million.

Earnings visibility is very high as most buyers has paid deposits. If using recent Comfort Gloves results as basis, wont be surprised that PAT for next quarter can be at least 2 to 3 times of last Quarter 400 mil.

Malaysian retailers panic and dont understand impact of Vaccines on Gloves.With vaccines, more Gloves needed !! They also simply buy without facts. How do you explain enormous volumes of Supermax C- 1 I, ( One I,) at an incredible premium of 100 over % !!!

They could have bought reasonable Call Warrants like C 93,97, C 1A at reasonable premium, or if they want cheap, C -1D which has slightly higher premium as Supermax price has fallen alot.

Present Sell- Down boggles the mind as it is contrary to Supermax strong fundamentals. Either it presents v good oppurtunity, or just hold and wait for rebound.

How low can you go, like Limbo Rock ? It is almost rock bottom price, near to August 17 low.

IBs up to their tricks again. Introduced capping of gloves shares for margins at a low price. Then when they have collected lots,at low price, publish bullish reports.AmBank forever bearish on Gloves.

Price now is near to lowest on August 17. Will be averaging down as TG fundamentals are v strong. Read the blog today on Gloves and you will be assured that Vaccines are not a threat, but people panic as they dont understand that Vaccines will need more Gloves.

Believe at this price, wont go much lower, as results will be out on Sept 17.

Jack, why so bearish on Gloves, do you have a hidden agenda ?

Insiders are buying back own shares as they are confident of coming good results and dividends due on Sept 17.

Retailers are misinformed about Vaccines as they feel no potential for Gloves. On the contrary, Malaysia is only re packing for our limited population, max 30 million. Glove usage will increase even with Vaccines.

Top glove manufactures to the whole world and its profit is real, whereas Vaccine shares are projections which have yet to be visible and show profits.

Retailers that day scared because of Vaccine news, not realising that Gloves are needed more than ever.

Gloves production, is to the world, Vaccines in Malaysia only to limited population willing to try, maybe a quarter of 30 m population.!!

Shares cannot run away from fundamentals. What is reason for the low price ?

Coming results will be very fantastic and realised, compared to Vaccine that has yet to materialise !!

Remember crisis , presents oppurtunity to buy cheap, and sell at profit later.

Noticed 7 trading days down, then rebound. So tomorrow can be sideways, and then on Thursday, will rebound. Supermax low, was at Rm7.90 on August 17.

look at Permaju after rights issue. Price fall after rights, but later after one or two weeks, it will recover.

Believe that Supermax is still the best . Top Gloves year end results on Sept 17, will prove to all that its an oppurtunity to make profits as the eps will be higher and dividends declared, tho OBM percentage is low.

Various interviews with the CEO and write ups will show that his very bullish statement is very true, that the best is yet to come !!

A bird in hand is better than 3 in the bushes. Supermax earnings is visible to all as its production capacity increases, Ave Selling Prices go up, Spot Pricing percentage increases, and more cases across the world, what with new mutations. Very conservative after tax profit will be around 700 million for next quarter.

Vaccines are still not out yet. Malaysia only involved in re packing and at most maybe can cover half of the 32 m population. How much profit can the company make ? Malaysian Gloves covers almost 60 % of world population of Covid 19 and other purposes. After Phase 3 trials, earliest middle 2021, how many of us are convinced that it is effective and willing to be vacinated ? Vaccination may be repeated every two years and all these needs Gloves to be used.

As can be seen by its results, Net margin is around 50 % cos of Own Brand Marketing and Own Distribution Network. the long waiting period and high demand enables Supermax to increase their prices monthly as supply shortfall is the norm. It is also not affected by USA ban like Top Glove.

If we expect eps of 60 cents , after bonus, then with PE of 20x, (- very low PE for a high growth share as compared to tech 50 to 60x,) then a Fair price will be around RM 12, after bonus.

Mfcb has got 4 warrants. With good results, quite certain it will go up.

Jaks using coal power, and has yet to announce its COD, commissioning operation date. So far it has been a disappointment.

PJ, is not Glove shares like Supermax also have same characteristic like MFCB, namely high net profit margin of over 50 %, very high profit growth due to escalating Ave Selling Price, Cash flow of around more than 1 billion in hand, and dividends in the form of treasury shares of 1 for every 45 shares.? A very conservative TP is Rm 25 !!

Only difference is the profit cycle is in waves, and may go down after 1.5 years from now due to more competition from new producers.

At top Glove EGM, mentioned that it takes around 1 year to install production line. So better to invest in big producers of Gloves with highest margin - Supermax. Own direct marketing, no middle man.

Using Top Glove charts, as guide, after consolidation period, it was up all the way.!! So today is the start.

HLIB research shows retailers like Glove shares. Somebody says Warren B studying buying Gloves, x know true or not. If true, sure explode. Realistic, conservative TP is RM 25.

Lastly, Retailers have limited capital. So Call Warrants is good way to make some profit. They can consider C 93,C97 or C 1A.

Choose based on Volume, Expiry, Premium and priced around affordable RM 1. See i3investor under Supermax, warrants on the horizontal line.

Incredible dash up, never before RM 4 spurt. !! If you look at Top Glove after June 11, there was a consolidation period also, where MM cleared out those Contra Traders, and Forced selling from Margin Calls,

Now the coast is clear, all bad news out, again looking at Top Glove, after fall, for around 1 week, it went up and never went down !!

To reach RM 24 now is within reach !!

By the way, Fund Manager talk, please notice that Edgenta, after heavy fall for 2 weeks, all TA - macd, obv, stochas, ma, indicates it will go UP.

Worth to consider, as it is just the START !!

Up all the way, to a fair price before result of RM 24. !! Last few days, Call warrants C93, 97, C 1D, all very teruk , kena bashed down kau kau. !!

Hope can recover as fundamentals of Supermax has not changed. At EGM today, the Ave Selling Prices, June, July, has shot up by 30 %. So next quarter result eps should be more than 30 cents !! Also increased capacity, higher spot prices, all bodes well for Smax with OBM, ODM.

Assuming no change, 30 cents , times 4 quarters,( very conservative,) equals Rm1.20. If PE of 20x ( v low for high growth company ), then fair price is at least RM 24 !! Achievable !!

Vaccines still need Gloves to administer.!! Windfall Tax will kill the Golden Goose !! Contra Trading ban only for one small broking company, and not all broking houses. So, all Bad News already out !!

Up, up, all the way, hooray .!!

Today, we saw all top active penny stocks are green, implying retailers buying cheap shares.

Retailers who wants more profits from Supemax sure sky high profit should try Call Warrant as they offer higher percentage returns than those penny stock.

Look at i3 investor, under warrant section, or at Klse screener, and choose those with prices around RM1 or less, and low premium. Believe that you will be well rewarded.

Last quarter result of Top Glove is 348mil profit after tax, and a profit margin of 20.7% from Sales Revenue.

OTB sure of around 500 mil after Tax profit. So if Top Glove with quarter profit of 348 mil can justify RM 28 price, what more if Supemax reach 500mil in its final quarter !! Supermax paid up is also less than Top Glove, ie.1.36 bil shares. So, price should be around RM 30 or more.

If we were to assume a total 4 quarters of PBT of RM 1 bil, taking an accountants confident figure, Supemax price will sure to explode like in Lebanon, as it implies 750 mil net profit after tax!!

This is just the beginning as further growth is more dynamic due to OBM, higher ASPs and increased capacity.

Katherine sure of 1 bil profit, OTB is sure of RM 528 mil profit, so obviously Supermax results will be very good, due to power of OBM.

Friday had a bearish engulfing candle which may lead to a lower opening price. Retailers have to be wary of MM as they may try to frighten you by selling to make its price down, implying bad results.

Like Top Glove, even if price go down due to profit taking after announcement of Superb results, hold on, consider selling only after T+2, i.e. after contra traders have sold their shares.

If Top Glove profit at 347 mil, 20% margin can command 28 rgt, then above 500 million for Supermax will see price above RM 30.!!

Top Glove has 2.07 bil shares, while Supermax has only 1.036 billion shares. Thus eps much higher than Top Glove.

Many new retailers may not know or scared to buy Call Warrants, but if you believe Supermax price will go up due to its incredible results, then dont be afraid to buy a bit, after all there are many CW at less than RM1.

Rather than play Contra with short period of within 3 days, or margin, Call Warrant can be held longer, but its main advantage is gearing where your percentage gain is higher than the Mother share percentage gain.

Those willing to take risk, may consider C- 97 or C-1D as it offers a balance between its premium, high volume transactions so easier to sell , reasonable conversion rate, and longer time to maturity.

You can verify this by downloading Klse screener apps at Play Store.

Have to thank OTB, free to speak and Dr David Lim for their indepth analysis on coming Quarter and Year End Result.

OTB says, PAT, 528 million on Revenue of over 1 bil. Based on this, Supermax expected price is around RM31 !! Hope this will be a fact after announcement on Monday, 5pm.

Russia vaccine will not affect price, as it is not proven yet, look at Aedes vaccination in Philippines. Mass vaccination still long way off.

Noticed there s a trend to buy Call Warrants blindly by new retailers not aware of fundamentals to choose CWs with 50:1 rate.

C 96 at 1% premium is good, but price is high. A balance will be C 97 with reasonable premium, value for money price, high volume transactions and priced that is affordable to many at <Rm1. !!

For those with very limited capital, but still wants to profit from expected price increase, can try C 1D with slightly higher premium at 40 cents.

At present bull market, retailers dont mind high premiums as long as can profit !! So, hope for the best.

Info for investors, not an inducement to buy or sell disclaimer.