Good results, price come down. All quarters profit. Just average down

Posted by Raiz368 > Oct 13, 2021 10:44 PM | Report Abuse

56 mil PP at 0.384 to be listing tomorrow...

MATI. 25% Profit Margin for the beneficiary

KL Screener says 527 m shares issue at $.3839. 100% of share capital issued?

Reference is made to the earlier announcements dated 3 May 2021, 10 May 2021, 18 May 2021, 27 May 2021, 18 August 2021, 26 August 2021, 27 August 2021, 3 September 2021, 10 September 2021 and 13 September 2021 in relation to the Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 5 October 2021 resolved to fix the issue price for the Private Placement at RM0.3839 per Placement Share.

The issue price of RM0.3839 per Placement Share represents a discount of approximately 9.99% to the 5-day VWAP of SCIB Shares up to and including 4 October 2021, being the last traded day of SCIB Shares immediately preceding the price-fixing date of RM0.4265 per SCIB Shares.

Minimum downside. Big upside. Weigh the odds

Minimum Downside Risk. Potential windfall

Next Week 60 cents

Recent push down may due to the Board had on 5 October 2021 resolved to fix the issue price for the Private Placement at RM0.3839 per Placement Share. Tomorrow onwards the price will increase
Where you get this?
Read that the last PP was at 58.5 cents

Investment in Anasuria North Sea is burnt. Hangus.

The UK license expired on 30 September 2021. Not renewed by UK government. Exploration rights at North SEA BURNED?

When the accounts were supposedly hidden, all IB's recommend buy.
Now all recommend sell. All can see the hidden figures. Think reverse and buy

When the accounts were supposedly hidden, all IB's recommend buy.
Now all recommend sell. All can see the hidden figures. Think reverse and buy

I think the prospect of SCIB is better than the other 2 Karim counters. SCIB is the largest prefab supplier in East Malaysia. With the state govt of Sabah & Sarawak having more power, infrastructure spending will increase. SCIB shd got more contracts from Sarawak and Sabah soon,. Sarawak State elections coming. Best counter for political payout now from a low base

Loss making Dinsum already retired. Looking for better results

Revenue just drop 10% but profit drop 90%. Adjustment to cover the over reported profit form last Q. Guess got time to cover the tracks for the independent reviewer to gave a good outcome. Money talks. Weigh risk to reward. With revenue holding up well, the profit shd return sooner.
By the way the sukuk due May 2022 is holding well

Among all 3 Karim counters, SCIB drop the most of their high. $2.70 to $0.40. Smallest market cap of only 210m.Serbadynamik is $2.07 to $0.30. Mkt cap is 1.137B. K Power is $2.90 to $0.62. Mkt cap is 285m.
Since the problem start with SD, I feel the best bet for a quick rebound is SCIB.

With this kind of losses and the company warning that it will be difficult times ahead, I suppose a massive rights issue is likely. They may support the price to call for a rights issue, but the problem does not go away.

Haha. Thank god. My cost is 13 cents. Sell all at 11 cents and move on.
Was thinking the price may crash. Lucky

Already very close to pre pandemic price. Why? The retained part of Super Normal profit hilang?
Jan 06, 2020 5.39 5.39 5.32 5.35 5.00 794,400
Jan 03, 2020 5.33 5.45 5.33 5.40 5.05 1,689,800
Jan 02, 2020 5.40 5.43 5.32 5.35 5.00 2,379,700
Dec 31, 2019 5.55 5.55 5.36 5.48 5.12 9,941,800
Dec 30, 2019 5.50 5.57 5.50 5.56 5.20 2,564,100

Like Isreal lend missile to Hammas to fire

When EPF themselves start selling selling, its time to buy lah. Where got so smart Investment Fund. Lend to RSS to sell when you hold so much of the asset. After RSS people have driven your asset price low, you yourself sell. Nut head.

The new players will caput very fast

Tonee, based on.my estimation, by end of FY 2022 which is mid of CY2022, Supermx will have RM1.75 per share of cash after paying off another 280 millions for the 36 b capacity expansion. If Stanley and the management decide to delay the capacity.expansion for the balance 12 billions, they can.decide to distribute.all the 1.75 per.share of solid cash to the shareholders in the next.few qtrs. He and his wife will get 1.93 billions of cash.dividends. With today closing price of 2.44 , both of them can buy back another 29 % of the total supermx shares. They will then own 69 % of total shares. The company will go back to pre pandemic with about 250 millions nett debt but capacity.of 36 b instead of 22 b. The nitrile.to latexx ratio will also increase to 73 to 27 instead.of 52 to 48 during prepandemic. If we buy at 2.44 , effectively we are buying at 2.44 - 1.75 or 69 sen . The 69 sen is pre pandemic price but we are getting a supermx with much higher capacity of 36 billions fully paid for compared with 22 b during.pre pandemic. Furthermore , the IBs consensus PAT.for FY 2023.is 882 millions which is 7.1 times higher than the pre pandemic of 124 millions in FY 2019. Do you think Stanley and his management team.are not looking at the numbers and planning for the.attack at the right timing ? May be when.MM has work hard enough to push the price from.2.44 to 65 sen ?
Then we can use the 1.75 to sapu kaw kaw the supermx share at 65 s .

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Stanley and wife will get 40% of the payout. Distribute 1b they get 400mil, if 2b they get 800mil. Good reard for their hard work.
20/09/2021 10:14 PM. WAH. VERY GOOD POINT. WILL COLLECT IN BATCHES

I think the worse is over. Everyone was expecting very bad results for Top Glove because of the US Ban and also the closing and reduced capacity due to shutdown in Klang valley due to covid. Things will look better now

They should announce plans to make ABF (Ajinomoto Built-Up Film ). No enough supply now. All ABF producers shares price have gone up by 1000+ %. Used in electronic industry to insulated chips and also for connection to other chips

Major shareholder cease on 20th May 2021. Now only report

Everyday RSS pack 4 digits seller. Price also not going down anymore. The net sell RSS position also about the same. See is the RSS guys cover short this week. If not got to pay the 15 cents dividend

They have been buying at 12 cents and lately 12.5 cents.
Should be ripe for upward move soon

April 2021 issue rights at 8 cents. Now share price is 3.5 cents. Lose 4.5 cents in 4 months. NTA is 31 cents. Hope owner privatized at 5 cents. He is make a lot of money.

Revenue from online business increase by 46%

My God. Q to Q profit drop by 25%. Why so bad compare to the big 4 glove company. Cheap sale of gloves?

US New Covid cases reach 267,000 cases on 23rd Aug. Death is consistently above 1000. Not even winter yet. Israel with a population of 10m and vaccination rate of 60.2% got 10K cases a day. Supermax share price is down about 44% since beginning of the year. Most of Supermax gloves are sold in the west.
Does this share price make sense.
Buy in the RED and keep. Should have bumper results and dividend soon.

Matter of time US Border Control cancel the ban on Top Glove.
US New Covid cases reach 267,000 cases on 23rd Aug. Death is consistently above 1000. Not even winter yet. Istrael with a population of 10m and vaccination rate of 60.2% got 10K cases a day

If no contra, no worry. Just buy and keep. Demand for glove is not going away. China is not a cheap labour country anymore. West also cannot be buying everything from China

EPF buy 15m shares past few days. Guess if the price drop further, I buy more

Posted by UPlanet > Jul 27, 2021 6:08 PM | Report Abuse

Linheng bro, where you get US covid casss 88.7k? coz i got it 35.8k on 26/07/21!
Just goggle latest "Covid Stats US" Clink on the link. They update off & On

Kossan results. Profit Q2 higher than Q1. ASP went up

Q2 FY2021 is higher profit CF Q1 2021. So ASP is higher or maintain. Guess the company also smart now. Tell you ASP falling since the Investment house think so and investors seems to agree. So let you sell. Owners and long term investors just collect dividend and grow with the owners

US Covid case already 88.7 K on 26 July. By next week, should be over 100K cases. Less than 50% adults are vaccinated in the US and testing is not done on those fully vaccinated

US Covid cases already 88.7K on 26th July. With less than 50% of adults fully vaccinated, they will be more than 100K cases next week. Time to release Withhold order on Top Glove

Recommended buy based on value, recovery play, OPR hike

US Covid numbers is already 63,000. Remember that the vaccinated people are not tested in US. So this group of break through covid cases will still go round infecting others. A lot of people refuse to get vaccinated in US

When moneymakers says sell sell sell, its time to buy buy buy.
When he is quiet, maybe start taking profit if you are comfortable with the gain. The next cycle will come again

Ya kah. Hope you are right. Will buy more.

UK already 55K cases per day. Double vaccinated Health Minister also infected. Cases also rapidly increasing in 50 US states. With winter coming in November in US and Europe, I think the pandemic is not going away so soon. Hospitals got to stock up on PPE again

US cases also rising in 50 states. Winter coming to Europe and US by November. People go indoors. Another potential spike in covid

UK already 55K cases yesterday. Health Minister Savil Javid is infected after completing 2 dose of AZ vaccine.

Read Staronline - Tradeview by Ng Zhu Hann. Supermax net cash position is way above the rest of glove counter.36.65% of mkt cap. Next best is Comfort at 19% of mkt cap. Being a profittable company even before the pandemic, this % cash position can only go up esp if share price goes down. I believe Standley will declared a bumper Final dividend. Supermax had been very stingy in paying interim dividends

EMCO in all 34 Selangor districts lifted. Glove factory allow to reopen

Glove factory in Selangor all allow to reopen after 16 July 2021