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2021-09-28 09:10 | Report Abuse
Supermax customers from Europe/UK are looking for highest standard below.
UK CA mark.
ISO21420:2020
BS EN455
BS EN ISO374
EU 2017/745 Medical Device regulation
PPE Regulation (EU 2016/425)
https://www.aureliagloves.co.uk/blog
2021-09-28 08:44 | Report Abuse
3% is not small volume. 80m shares net short position is value about 400m if the avg cost of shorties is 5.00. This is not include the interest and dividend payment to ib lenders and private lenders.
2021-09-26 16:17 | Report Abuse
Watch the Chinese doctors trailer. Their healthcare full equipped with full PPE to fight the covid.
https://www.youtube.com/watch?v=6vFrc7kbqjU
2021-09-26 15:58 | Report Abuse
With pandemics is raging, there is no issue of over supply. The world still have not produce enough gloves for the heath care sector and other. More sectors such as food , automotive, leisure are boosting the usage of gloves. Another country is China, the 2nd largest economy of the world are increasing of usage of nitrile gloves and expecting to reach 13.6b glove in 2026. Their own production of gloves ultimately will cater for their own domestic use.
https://forbesalert.com/news/finance/banking/global-nitrile-gloves-market-to-reach-57-1-billion-by-2026/
"The U.S. Market is Estimated at $11.4 Billion in 2021, While China is Forecast to Reach $13.6 Billion by 2026
The Nitrile Gloves market in the U.S. is estimated at US$11.4 Billion in the year 2021. The country currently accounts for a 33.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.6 Billion in the year 2026 trailing a CAGR of 29.1% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 22.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.2% CAGR while Rest of European market (as defined in the study) will reach US$14.8 Billion by the close of the analysis period."
2021-09-26 10:38 | Report Abuse
Supermax Maxter Healthcare Pte Ltd had achieved a sales of S50M from Jan to Aug 2021
Senior Sales Manager
MAXTER Healthcare Pte Ltd
Aug 2017 - Present4 years 2 months
Singapore
Year 2021 Achievement: With the same lean and agile team, we have achieved a SG$50 million project to be delivered from Jan 2021 to Aug 2021 period.
Year 2020 Achievement: I lead a company with 2 team members to achieve over SG$50 million annual sales while year 2020 is only halfway through.
https://www.linkedin.com/in/edwinngchunpeng
Supermax OBM with strong contract business with UK, US, Brazil, Canada and SG goverment will have robust growth in coming years.
2021-09-25 12:26 | Report Abuse
The U.S. imports more than 60 billion gloves each year. Currently, domestic manufacturers only produce 6.3 billion gloves per year, according to the USITC briefing.
“While the U.S. glove industry is expanding, it is not at a rate that will heavily impact domestic sourcing or alleviate the current glove shortage,” Skokan wrote.
China’s share of the rubber glove market has also grown during the COVID-19 pandemic, but Skokan writes that most health care providers prefer higher-quality Malaysian gloves.
Skokan expects glove shortages to continue well into 2022.
"
US healthcare providers prefer high quality Malaysia gloves than the low quality gloves produced from China."
US import 75% gloves (45b) from Malaysia.
2021-09-24 20:50 | Report Abuse
Supermax healthcare Canada inc had awarded contract C$222m to supply nitrile gloves.
3.12 Supermax Healthcare Canada Ltd. $222,263,152.32
https://www.tpsgc-pwgsc.gc.ca/comm/aic-scr/contrats-contracts-eng.html#table-3
2021-09-24 08:47 | Report Abuse
Based income (PAT) FY screening, Supermax is in 4 position of Klci. Supermx OBM still the best income in term production capacity.
1. TG 7.871b 100B Capacity
2 Maybank 6.481b
3 PBB 4.872b
4 Supermax 3.813b 27b capacity
5 Tenaga 3.593b.
6 Harta 2.886b 38b capacity
18 Kossan 1.087b 32b capacity.
2021-09-23 17:55 | Report Abuse
Delta variant thrown herd immunity out of the window
Khairy also said the Delta variant of Covid-19 had thrown out the herd immunity target that everyone once thought was possible.
Follow our Covid-19 vaccination tracker to see where we are in the race to herd immunity.
He said the way forward is to ensure the broadest possible coverage of vaccination be administered among Malaysians to reduce the number of positive cases.
“I don’t use herd immunity anymore (sic). We use the conventional formula because the Delta variant has thrown out our herd immunity calculations. It is difficult to say when we can achieve herd immunity,” he said
https://www.msn.com/en-my/news/national/khairy-need-for-circuit-breaker-measures-like-singapore-to-avoid-national-lockdown-again/ar-AAOJ7m9?ocid=msedgntp
No more use herd immunity. This is not possible when dealing with delta.
2021-09-23 13:58 | Report Abuse
Govt more interested in GST implementation than windfall tax. At least 20b more of tax will be collected from GST. Manufacturing of export goods are most benefited with export 0 tax and eligible to claim input tax.
2021-09-23 09:10 | Report Abuse
dividend exdate 23/9/2021
2021-09-22 18:58 | Report Abuse
Gloves profit already off peak. No reason to implement it now.
2021-09-22 18:15 | Report Abuse
"As the stock market symbolizes the confidence and fitness of the economy, the government needs to implement measures that will increase investor confidence to make the Malaysian stock market more dynamic, more attractive and more stimulating to investors (we must make our stock market more dynamic, appealing and exciting),"the former Finance Minister said in a post on his Facebook.
He added that some of the measures that could be taken included suspending'regulated short selling'as well as'borrowing and lending' scripts for at least six months as implemented last year to stabilise the stock market and protect retail investors.
SC to suspend RSS.
2021-09-22 10:53 | Report Abuse
Datuk Syed Zaid Albar, Chairman of the SC said, “Malaysia is now at a critical juncture in our post-pandemic journey. It is imperative for the capital market to continue to support the economy as we transition into an inclusive and sustainable nation. The progress in the capital market cannot be measured solely by growth and size, as it also has to serve the underlying needs and aspirations of the country and its people.”
SC head is joker, the growth of capital market is not solely based on market size. That's why the klci index is stagnant and it never grow.
2021-09-20 22:16 | Report Abuse
Faster klci index drop. the faster RSS ban.
2021-09-19 15:10 | Report Abuse
Supermx OBM had secured several major contracts from UK, Canada and US. This will generate with enough orders for next few years.
1 Uk NHS framework contract. 316m GBP
2 Canadian govt contract for PHAC Canadian $222m
2021-09-18 14:17 | Report Abuse
Most of ppl here are mistaken the gloves price by the look and material. Why are some gloves are so expensive in market while some are sell online are dirt cheap?
That is bc there are more standard certification and testing on a expensive gloves. The company will need to spend a big some of money maintaining certification and testing in factory. All these cost will added to the products cost. As a result the product price is more expensive. Customers especially from Europe and US always look at the specification, certification and testing before they buy the products. Some of certification of premium supermax products are below.
FDA 510K Certification
FDA 510k registration
With US FDA on Low Powder Hypoallergenic Latex Examination Gloves
FDA 510k registration
With US FDA on Powder Free Latex Examination Gloves with Protein Content Labeling Claim (50 mgs or less)
FDA 510k registration
With US FDA on Latex Powdered Exam Gloves with 70 mgs or Less Total Water Extractable Protein Per Gram.
FDA 510k registration
With US FDA on Polymer Coated Powder Free Latex Examination Gloves(50 mgs or less protein labeling claim)
FDA 510k registration
With US FDA on Powdered Nitrile Examination Gloves
FDA 510k registration
With US FDA on Aurelia Chlorinated Powder Free Latex Medical Examination gloves with Aloe Vera & Ginseng with Protein Labeling Claim (50 mgs or less)
FDA 510k registration
With US FDA on Powder Free Nitrile Examination Gloves
FDA 510k registration
With US FDA on Green Peppermint Flavored Powdered Latex Examination Gloves
FDA 510k registration
With US FDA on Green Peppermint Flavored Powder Free Latex Examination Gloves with Protein Content Labeling Claim (50 mgs or less)
FDA 510k registration
With US FDA on Sterile Powdered Latex Examination Gloves
FDA 510k registration
With US FDA on Sterile Powdered Latex Surgeon Gloves
FDA 510k registration
With US FDA on Sterile Powder Free Latex Surgeon gloves with Protein Labeling claim (50 mgs or less)
FDA 510k registration
With US FDA on Green Powder Free Nitrile Medical Examination Gloves with Peppermint Flavour.
test Conduct on Gloves
Watertightness : ASTM D5151:99
Physical Properties :
1) Dimension : ASTM D3767:01
2) Tensile : ASTM D412:98 & ASTM D573:99
Protein Testing : ASTM D5712:99
Residual Powder Testing : ASTM D6124:01
Biocompatibility Testing
*Samples sent to CPTC, USA for testing
Bioburden Testing
*Samples sent to microbiological lab for testing
2021-09-18 12:00 | Report Abuse
Beware of faked goods sold online. Most of cheap stuff are not FDA certified and rejects from factory. The use of it is your own risk.
https://www.nytimes.com/wirecutter/blog/amazon-counterfeit-fake-products/
2021-09-18 11:29 | Report Abuse
The banning of RSS is imminent as klci index is crashing 1850 to 1548. The trading volume before RSS is 24b daily but since the resume of RSS, the volume traded in Klci is less 4b per day. Bursa actually gain very little from RSS transaction fee as the traded volume is too small but in fact they are losing great volume of trading from the retailers. FF also run away bc the stocks that generating big profit are hammered by shorties. If our bursa klci index 20k then no issue of RSS but now the our index 1548, one of the worst market in world, do why need RSS? Our blue chip stocks making billion are most undervalue. Possible reason the bursa head is former banker, he need takes care is IB friend.
2021-09-18 09:25 | Report Abuse
Supermax healthcare Canada inc was awarded a contract of 222m to supply nitrile gloves in 2021.
Table 3: Nitrile gloves
3.12 Supermax Healthcare Canada Ltd. $222,263,152.32
3.13 Tenaquip Ltd.Table 3, footnote2 $71,013.16
Total $513,894,149.42
2021-09-17 22:56 | Report Abuse
Supermx OBM business 27b capacity is more profitable than the OEM model. Revenue and profit is as good as 100b capacity.
2021-09-17 17:43 | Report Abuse
We have goods that are ready. It is just a matter of printing the packaging materials and sending them out (to the customers),” he said during a media and analysts briefing on Top Glove’s results for the fourth quarter ended August 31, 2021.
https://www.malaymail.com/news/money/2021/09/17/top-glove-to-resume-exports-to-us-by-end-september/2006341
Next qtr result will better with resuming shipments to US.
2021-09-17 11:42 | Report Abuse
Not single newspaper highlight Najib in Parliamant recently to suggest to suspend RSS for 6m or more. This show the local press/Ib analyst are biased on glove stocks. When some bad news on glove stock, the shorties paper theedge paper will be first one hammer glove stocks together with the bias IB analyst review.
2021-09-17 09:37 | Report Abuse
More good news coming
TG cbp lifted Sep 13
RSS ban coming soon?
UK NHS contract until 2022 option to extend to 2 years
UK 6b tender contract award?
US tariff on China gloves 30/9?
TG qtr result PAT >2b?
2021-09-17 09:22 | Report Abuse
Global Nitrile Gloves Market to Reach $57.1 Billion by 2026
The U.S. Market is Estimated at $11.4 Billion in 2021, While China is Forecast to Reach $13.6 Billion by 2026
The Nitrile Gloves market in the U.S. is estimated at US$11.4 Billion in the year 2021. The country currently accounts for a 33.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.6 Billion in the year 2026 trailing a CAGR of 29.1% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 22.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.2% CAGR while Rest of European market (as defined in the study) will reach US$14.8 Billion by the close of the analysis period.
https://forbesalert.com/news/finance/banking/global-nitrile-gloves-mar...
The china gloves companies expansion are mainly cater for local use. The gloves usage in china will grow to US 13.6b in year 2026 about 31% of world market
2021-09-17 08:50 | Report Abuse
Global Nitrile Gloves Market to Reach $57.1 Billion by 2026
The U.S. Market is Estimated at $11.4 Billion in 2021, While China is Forecast to Reach $13.6 Billion by 2026
The Nitrile Gloves market in the U.S. is estimated at US$11.4 Billion in the year 2021. The country currently accounts for a 33.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.6 Billion in the year 2026 trailing a CAGR of 29.1% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 22.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.2% CAGR while Rest of European market (as defined in the study) will reach US$14.8 Billion by the close of the analysis period.
https://forbesalert.com/news/finance/banking/global-nitrile-gloves-market-to-reach-57-1-billion-by-2026/
The china gloves companies expansion are mainly cater for local use. The gloves usage in china will grow to US 13.6b in year 2026 about 31% of world market.
2021-09-16 19:01 | Report Abuse
10 June 2021
Supermax Healthcare Ltd and Ansell Ltd are on an NHS Supply Chain framework contract for the supply of examination and surgical gloves to the National Health Service. Aurelia Ltd is not on a framework contract. The Contract Award Notice for this framework contract is available at the following link:
The framework contract commenced on 30 March 2020 and ends on 29 March 2022. There is an option to extend for an additional 24 months.
https://questions-statements.parliament.uk/written-questions/detail/2021-05-14/1302
2021-09-16 06:56 | Report Abuse
Shorties are robbers of retailer and they should be banned. There is no incoming fund needed to shorting stocks and all the stocks are borrowed from IB lenders. Only benefit the IB lenders is that shorties paid them with high interest n commission. It's like robbing poor to pay the rich. Damaging the good stock companies and ruin the country economy.
2021-09-15 12:46 | Report Abuse
https://www.facebook.com/najibrazak/videos/466164404363222
Najib voice to suspend the RSS in Bursa for 6m.
2021-09-15 12:32 | Report Abuse
Najib voice out ban RSS on parliament now.
2021-09-15 12:29 | Report Abuse
Ban short selling in Parliamant by najib now on live
2021-09-15 07:06 | Report Abuse
Genting is very good but lost big money. I heard not going to open until end of year 2021. Lost 52% revenue in 2021. RWLV only 40-50% revenue and will not profitable in next 2 years according to UOB analyst. Gloves just little off the revenue and profit, shorties, ib analyst and Genting diehard fan jump up down celebrating and downgrading the glove stocks. This is market sentiment now in bursa.
2021-09-14 17:23 | Report Abuse
Banking stocks in the red as MoF instructs banks to work on interest rate exemption for loan moratorium repayments
KUALA LUMPUR (Sept 14): Most banking stocks on the local stock exchange came under pressure today, following news that the Ministry of Finance (MoF) has instructed banking institutions to work on the exemption of interest payments for recipients of the bank loan moratorium immediately.
At the time of writing, AMMB Holdings Bhd was leading the decline, shedding 4.31% to RM3.11. This was followed by RHB Bank Bhd (down 3.29% to RM5.29), Hong Leong Bank Bhd (declining 2.23% to RM18.36) and CIMB Group Holdings Bhd (down 1.86% to RM4.75).
https://www.klsescreener.com/v2/news/view/880787/banking-stocks-in-the-red-as-mof-instructs-banks-to-work-on-interest-rate-exemption-for-loan-moratorium-repayments
IB had earned higher interest by lending shares to shorties. It time to do national service to offer interest free to loan moratorium repayments.
2021-09-14 13:49 | Report Abuse
COVID variants: could dangerous new ones evolve in pets and farm animals?
People have been panicking about COVID-19 in animals since the very start of the pandemic. There’s now plenty of evidence that SARS-CoV-2 – the coronavirus that causes COVID-19 – can cross from humans into other animals. This is known as spillback. The virus is capable of infecting a range of species, from hamsters to gorillas.
https://theconversation.com/covid-variants-could-dangerous-new-ones-evolve-in-pets-and-farm-animals-163592
2021-09-14 11:13 | Report Abuse
Ban Penjual pendek.
https://www.change.org/p/joseph-r-biden-ban-the-abusive-naked-short-selling-of-stocks-in-the-us-market
https://www.change.org/p/joseph-r-biden-ban-naked-short-selling
https://www.change.org/p/allison-herren-lee-ban-short-selling
https://www.change.org/p/security-exchange-commission-sec-temporary-ban-on-all-short-sale-trading-activity
https://www.change.org/p/bursa-malaysia-stop-the-shorts-protect-the-retailers
2021-09-13 20:22 | Report Abuse
https://klse.i3investor.com/blogs/kianweiaritcles/2021-09-11-story-h1571493132-A_September_Stock_Market_Crash_Is_On_The_Horizon_Brace_For_A_Catastroph.jsp
Only companies with billion of cash can survive the market crash in Sep...
2021-09-12 14:46 | Report Abuse
The World Health Organisation (WHO) has expressed doubts over the vaccine’s potential to end the pandemic.
https://intra.ie/2021/09/10/who-expresses-doubts-about-vaccines-ending-the-pandemic/
2021-09-12 10:12 | Report Abuse
I estimated shorties had dump TG 17m shares value about 60m using RSS that is right side of the queue. What about left side of queue? It could be possible another 60m dump borrow from the private ib lender based on 65% sell in bursa total of 71.2m value 251.108m trading volume on 10/9/2021.
Total whooping estimate value 120m short selling on 10/9/2021 just to maintain the price 3.43.
The war is no finish business yet between shorties and LWC + ff will continues on Monday.
2021-09-11 10:26 | Report Abuse
Supermax distribution center not only have a office but also big warehouse storing all the gloves products. When the customers places order online depend on location, the nearest distribution center will deliver the products. The lead time to deliver products is much faster than any OEM companies and also provide excellent customer service. The better quality and service fetch a premium price compared to other competitors.
https://www.galleonsupplies.co.uk/aurelia-gloves-m20
2021-09-10 21:47 | Report Abuse
TG qtr result will be out 17 Sept. Bursa announcement.
2021-09-10 21:45 | Report Abuse
TG qtr result will be out 17 Sept. Bursa announcement.
2021-09-10 17:08 | Report Abuse
Just wait AMC continues squeeze citadel shorties tonight. Yesterday 48.55.
2021-09-10 10:30 | Report Abuse
US must restore 25% tariff on china. China gloves become more expensive and it is better to buy from Malaysia.
2021-09-10 09:22 | Report Abuse
Goldberg, Good news. Gloves stocks limit up today.
TOP Glove Ban Lifted - By CBP
Top Glove has provided additional information to CBP, which CBP believes establishes by satisfactory evidence that the subject disposable gloves are no longer mined, produced, or manufactured in any part with forced labor. 19 CFR 12.42(g).
https://public-inspection.federalregister.gov/2021-19535.pdf
2021-09-10 09:18 | Report Abuse
Biden’s top trade adviser, US Trade Representative Katherine Tai, has been vocal about what she describes as China’s “coercive and unfair trade practices”. The tariff exemptions on the medical goods and personal protective equipment are set to expire on September 30."
The Biden administration has already extended the exemptions once.
https://www.scmp.com/news/china/diplomacy/article/3146554/us-considers-extending-tariff-relief-chinese-medical-gear-used
Balance of US trade with China for 1st 7 month still exceed 187b. There is high possibility, the tariff will be installed back on medical products(gloves) of China.
2021-09-09 21:47 | Report Abuse
KUALA LUMPUR (Sept 9): Remember how the Malaysian equity market was one of the world's hottest, when it outperformed global peers with daily trading volume ballooning to new records?
No, this was not about the go-go years that the baby boomers and Gen-X had in the 1990s before the onset of the Asian Financial Crisis.
The record high trading volume and turnover happened just slightly more than a year ago when retail investors, of whom many were young first timers, flocked to the stock market.
The vibrant trading activities then sparked hope of a rejuvenation of Bursa Malaysia which had seen subdued participation, especially retail interest, in the past two decades. Rubber glove mania, semiconductor boom and the penny stock fever drove investors to pouring money into equities.
https://www.klsescreener.com/v2/news/view/878865/short-lived-interest-in-malaysian-equities-wh
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-09-28 09:24 | Report Abuse
World need more gloves. Look at tenders and bid on the below site.
https://www.medicaltenders.com/eu/europe-surgical-gloves-tenders.php