On 28th August JP Mprgan Securities (Malaysia) Sdn Bhd bought 55,212,000 shares of Supermax at RM 22.14 . That's why they have not mentioned anything about Supermax in their report. They or their client had exposure of almost RM 1 bil in Supermax. But downgrading the rest also would not help the industry. They must have figured out some dirty tactic to save their investment to average down and dump it. That is my guess coz the price of Supermax never when back to the level they bought

information max by mid 2021

Posted by katsul51 > Dec 12, 2020 11:33 PM | Report Abuse

information this will be back to almost precovid level

its not difficult to see the assumption

industry normal margin is 10% max
When is this going to be be. Back to the the old days.
Also could you tell me when the borders will be open ie Thailand and Singapore.
12/12/2020 11:36 PM

What is the assumption and any proof or study backing your answer by Independent organization

information this will be back to almost precovid level

its not difficult to see the assumption

industry normal margin is 10% max
When is this going to be be. Back to the the old days.
Also could you tell me when the borders will be open ie Thailand and Singapore.

Wow information I am not asking about Vaccine I am just asking abt JPM assumption now and then

Hi Information vaccine production is noting new but price downgrade to RM 3.50 is new today please share the assumption by JPM now and previously not asking for your opinion.

Anyone recall what was JP morgan previous price target for TG before the current revision so that we can compare the the assumption now and then.

In order for us to accept the price downgrade to RM 3.50 could JPM gives the previous price target coverage so that we can compare the change in the revision and its associated assumption then and now.

JPM already in Supermax. They were the white knight who bought 52 million shares at 22.14 on 31st August 2020

Nothing to panic. They volume is low. Vultures trying to scare the bilis. Sure got rebound.

I think the glove counters will recover positively from the 28th December on wards. Up then will be yoyo .

I think the glove counters will recover positively from the 28th December on wards. Up then will be yoyo .

The demand for gloves are very high this is demonstrated by the deposit collected by Supermax in Billions. Watch out for tomorrow TG qtr result and pay very close attention to cash and bank balances and dividend for the Qtr.

Nothing to worry about. Even though red volume is still low. Sharks trying to panic the retailers. I think positive movement only after the 16th.

Funds must be re-balancing their portfolio. Supermax would be the most ideal choice at this juncture with dividend around the corner and KLCI inclusion. I think there would be some retraction tomorrow to allow fresh investors to go in before it takes it position above RM 10.

The pattern looks like EPF is accumulating. Lets see the announcement on Friday or Monday if EPF accumulated

In my opinion glove counters are still very relevant and important movers of Bursa. No need for any panic selling at this moment. All the scare is caused by parties that has a a lot to gain. My indicator of exiting the glove sector is 2022 when borders re open. At this time you can't even cross inter state. It is a very strong HOLD of the counters for me for the next 18 months and collect dividend.

In my opinion glove counters are still very relevant and important movers of Bursa. No need for any panic selling at this moment. All the scare is caused by parties that has a a lot to gain. My indicator of exiting the glove sector is 2022 when borders re open. At this time you can't even cross inter state. It is a very strong HOLD of the counters for me for the next 18 months and collect dividend.

Relating to 2021 budget I am in the opinion that the glove industry would be relevant to the Malaysian Economy for the coming decade due to awareness and precautionary measures taken globally. You can be assured that it is a safe bet for dividend and capital appreciation. Price volatility is imminent but so is the growth of these companies. My bet is in Supermax.

Good research. Well presented and always has new input in tandem with progress and global demand

Supermax and Top Glove are crown jewels in my portfolio of investment which others include Digi Maxis,Pchem.maybank,BAT and Petgas. My bet is Supermax amd TG now till May 2022. Volatility is eminent so are the growth and dividend.
31/10/2020 10:13 PM

Supermax and Top Glove are crown jewels in my portfolio of investment which others include Digi Maxis,Pchem.maybank,BAT and Petgas. My bet is Supermax amd TG now till May 2022. Volatility is eminent so are the growth and dividend.

Nothing spectacular is going to happen now. I thing the show starts only after Nov 15

Great result by Harta. Plus Cash and bank balance is RM 1.6 billion. In Supermax scenario I am prediction profit of RM 1.05 bil with Cash and Bank balances in excess of RM 2 billion. Hopefully got 20 sen dividend from Supermax

My opinion which ever government comes into power or emergency rule being imposed these few sectors would be protected at all cost:

1st) National Asset Company - Petronas, TNB and Telekom
2nd) Banks, Bursa and other Financial Institution
3rd) GLC
4th) High Income contributor to government coffer which these time around is the Glove companies RM 4 to RM 6 billion annually for 2020,2021 and 2022.

Our investment are safe but the enemy is still the market manipulators who wants to make an huge profit by taking advantage of the situation
25/10/2020 3:45 PM

My opinion which ever government comes into power or emergency rule being imposed these few sectors would be protected at all cost:

1st) National Asset Company - Petronas, TNB and Telekom
2nd) Banks, Bursa and other Financial Institution
3rd) GLC
4th) High Income contributor to government coffer which these time around is the Glove companies RM 4 to RM 6 billion annually for 2020,2021 and 2022.

Our investment are safe but the enemy is still the market manipulators who wants to make an huge profit by taking advantage of the situation

Supermax is truely a gem to invest and keep at least for the next 2 years without paying attention to market manipulators that are pushing up and down for their benefits: These are the points for my opinion

a) It is still would have the best EPS among the top 4
b) Moving forward the next 8 qtrs it would have a bumper results
c) Higher EPS would definitely translate to higher dividend per share
d) Target valuation by IB make raise
f) Have establish network in America and Europe and in my opnion they are really doing well " Flying below the radar and hitting all the target clients.

Hold tight I think in within this year itself you can receive two dividend one after the AGM and one more after this Qtr result.

They are holding it below RM 10.80 for a certain reason

Supermax is being suppressed by forces that who has interest in the short term they cannot hold this forever. It would break soon to new heights

Results surely not this week as delay in overseas subsidiaries number. This means you can expect above average results from market expectation of RM 900mil or RM1 bil. Better to wait until some call warrants expire on the 27th and 30th October.

I am 100% confident that Top Glove would be No 1 Market capitalisation company in Malaysia soon. Hopefully it stays that way for at least 2 years or more.

Glove counters result Date:
Supermax 20th October
Harta 27th October
Kossan 19 Nov
Careplus 23rd October

Glove counters result Date:
Supermax 20th October
Harta 27th October
Kossan 19 Nov
Careplus 23rd October

Based on the 1st half of the days performance I am positive that the qtr result announcement together with the AGM notice is going to be out soon.

https://www.facebook.com/WHO/videos/science-in-5-episode-5/268936400824556/

https://www.facebook.com/WHO/videos/science-in-5-episode-5/268936400824556/

If the price goes lower better opportunity for EPF to top up as last week price was higher and I don't think EPF would be dumping significantly this week as dividend entitlement in 3 weeks time .

Another net purchase of 15.845 mil shares or at least RM 134 mill or close to RM 250 mil a week by EPF means they see value in Top Glove. Moreover bumper dividend next 8 qtrs.

EPF net purchase of RM 1.898 million shares again. Looks Like Tan Sri and TG no need to buy.

EPF net purchase of 7.67 million shares on 23rd September 2020. At these levels they will be buying more .

I am absolutely very confident Supermax share price is going to overtake Top Glove in October. Both are good companies with excellent results

The Pacifier you are right after the windowdressing on 30/6 the price of Top Glove short up from RM14.90 to RM 25.40 before the ban by US customs and border control news came out.

RM 11 easily archiveable in October. Anything more will be a blessing.

Supermax share price will be below RM 8 for this week and next but don't miss to see the show from 2nd October onwards.

Top Glove shareholders need not worry the company is in good hands. Enjoy the bumper dividends for the next 8 qtrs. By then company would be listed in Hong Kong stock exchange. Best returns are usually derived if you are long term investor.

My guess of today's share buy back must lead to some other good news in coming days which may include the removal of ban from US Customs and Border Control.

The last time the sharks brought it down to RM 5.80 per share. There is possibility this time they will supress it even further. I don't wish for it but if they bring it down will collect to average down my cost. Supermax has taken the worst beating and I am positive it would it would record the best rebound. Not immediately but after the AGM.

I am guessing TG profit above RM 1.4 billion. My guesstimate is RM 1.65billion to RM 1.8 billion.

Agreed. Top Glove is a well managed company and shareholders value is also well taken care off. Worth to invest in the company for long term

I think must be typo error. It should be target price RM 15.40 instead of RM 5.40.

Decent price target by Public Bank analyst. One of the reliable ones