myinvestor

myinvestor | Joined since 2011-02-13

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Stock

2021-08-17 09:29 | Report Abuse

Shorties average shorting volume is about 1m a day (7days). It takes them about 8days short to 3.0% of net short position. Shorties will starts to cover after reaching 3+% based on past records.

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2021-08-15 23:16 | Report Abuse

Supermax had total asset 7.05b. A increase 3b from the period of 9 months. Another qtr result will the increase total asset to cross 8b which is more less the market cap 8.5b. Grossly undervalue.

Stock

2021-08-14 16:58 | Report Abuse

Posted by monetary > Aug 13, 2021 9:41 PM | Report Abuse

From careplus QR we can expect SP PAT should be around 850mil.


SP makes additional 20-30% or more in OBM model. OEM 850M , OBM 1.1b.
Based on 30% more profit.
OBM
Removal of middle man , agent and Big distributor had completely overhauled the margin of Supermax which permanently increase by 20-30% more. This increase is permanent and even the ASP were to drop back to precovid price.

Stock

2021-08-14 08:36 | Report Abuse

OBM booster business model. OBM 48b capacity the ROE is as good as 100b capacity of OEM.

https://www.sharetisfy.com/2020/08/supermax-obm-x-revaluation-imminent.html

Stock

2021-08-13 15:40 | Report Abuse

America is flying blind when it comes to the Delta variant
The Delta variant was first identified in the United States in April and by May it was well onto its exponential growth curve, doubling every 10-12 days, as the basis for Covid infections, now reaching over 96% prevalence. Ironically, on 1 May, the CDC announced it would stop monitoring post-vaccination breakthrough infections unless they led to hospitalizations or deaths

https://www.theguardian.com/commentisfree/2021/aug/09/america-is-flying-blind-when-it-comes-to-the-delta-variant

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2021-08-13 15:02 | Report Abuse

US now facing acute shortage of gloves in all all 50 states. No time to play forced labour. Gloves are needed for their health care workers. Cbp might release the withhold order for top glove anytime.

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2021-08-13 13:59 | Report Abuse

US failing to end pandemics. Shorties failing to end gloves stock in bursa. They are correlated.

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2021-08-13 10:52 | Report Abuse

Kelly your boss will fired u all guys staying in bursa just to earning peanut. Wasting billion in bursa to earn peanut.

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2021-08-13 10:36 | Report Abuse

JP morgan power broker /citabdel is so no so clever and investing 3b ringgit in klci to make a few million ringgit. Almost a year already still stay in bursa. Pity them.

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2021-08-13 10:28 | Report Abuse

The know the US cbp will release the withhold order for top glove soon. So they covering as many shares as possible.

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2021-08-13 10:24 | Report Abuse

Shorties overvalue. They covering topglove everyday.

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2021-08-12 11:17 | Report Abuse

As the United States recorded its highest daily Covid cases on Sunday, a top public health official has warned that the country is failing to handle the situation.

"We should not really have ever got to the place we are," said Francis Collins, Director of the National Institutes of Health, on a local news show. "In that regard, yes, we are failing."



https://www.wionews.com/world/experts-say-us-is-failing-to-control-covid-fauci-warns-against-worse-variant-404096

US n UK failing badly to end of pandemics in 2021. It seem they are back to square one after 6 months.

Stock

2021-08-12 11:08 | Report Abuse

1 USA 37,055,916 +143,459 635,636 +614
27 Malaysia 1,320,547 +20,780 11,373 +211

USA hitting record 143k yesterday.

Stock

2021-08-12 08:31 | Report Abuse

Supermax will be uptrend. Reasons
1 ASP stablised due raised in delta infection in US, Europe, SA and Asia pacific.
2 Margmac projected 500b gloves needed in year 2021. A 80b increase in demand from previous projection 420b in Jan 2021.
3 Supermax has huge cash balance and can be used for expansion in 2021 and 2022. Total capacity 48b by the year 2022. Future factory expansion will included in distribution center US, UK and Canada where there is great demand there.
4.Supernormal profit for every qtrs. Pandemic will not end in 2021.
5 Leaky vaccine will supply by pharma can only last 6m.

Stock

2021-08-10 22:16 | Report Abuse

Despite the expected moderation, Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the surge in cases involving the Delta variant would help cushion the drop in ASPs and keep the demand elevated for the short-to medium-term.

“The Malaysian Rubber Glove Manufacturers Association has projected global demand for gloves will hit 500 billion pieces this year,

compared to an estimated supply of 420 billion pieces. In short, demand for products of local rubber glovemakers remains strong as Malaysia accounts for about 68% of the global glove supply.

“A declining trend in ASP could be mitigated by higher order volumes for gloves,” he told The Malaysian Reserve (TMR) recently.

China’s growing supply of gloves for the global market is putting pressure on the ASPs especially when its supply helps narrow the gap with demand, he said.

China now contributes 10% of the global glove supply.

Despite the competition, Rakuten Trade Research VP Thong Pak Leng said Malaysian producers’ experience as the biggest supplier of gloves globally gives them a competitive edge over Chinese producers.

The research and development investments by local industry players to enhance the quality and performance of gloves play a key role in ensuring Malaysian glovemakers remain ahead of the curve globally.

“Our technology is far ahead of China. It will take time for them to catch us.

“Furthermore, our climate is more ideal for the glove making industry. For example, the hot weather with no drastic change between day and night helps maintain the quality of raw materials,” Thong told TMR.

On the labour scrutiny faced by local glovemakers, he said Malaysian companies are constantly improving their environmental, social and governance practices to maintain their sustainability.

These efforts and their implementation would eventually lead to the lifting of an import ban by the US Customs and Border Protection (CBP) on companies like Top Glove Corp Bhd.

“The US cannot ban it forever because if this goes on longer, there will be a shortage of gloves in the US,” he said

Source: The Malaysia reserve

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2021-08-10 15:06 | Report Abuse

MANILA, Philippines — The Medical City on Monday night announced that its COVID-19 floors, Emergency Room and Intensive Care Units hit full capacity amid a sharp increase in new coronavirus cases.

In a statement, The Medical City said these facilities are filled with patients as they urged those seeking medical help for the families infected with the coronavirus to check with the government’s ONE HOSPITAL command.


https://www.philstar.com/nation/2021/08/10/2118945/medical-city-reports-full-capacity-covid-19-floors-er-icu-units

Stock

2021-08-10 15:00 | Report Abuse

Coronavirus: US hospitals sound alarm over Delta surge; France rolls out ‘health pass’ despite protests
The number of people hospitalised with Covid-19 in the US has more than tripled over the past month to almost 43,000

As Covid-19 cases surge, some hospitals in the United States are raising the alarm over hospitalisation rates that may push facilities to capacity.


https://www.scmp.com/news/world/united-states-canada/article/3144332/coronavirus-us-hospitals-sound-alarm-over-delta

Stock

2021-08-09 15:24 | Report Abuse

Supermax gloves still fetch good price in UK and US. ASP for Supermax still in the range of USD 100-110/1000pc even after minus 25% distributor margin.
https://www.galleonsupplies.co.uk/aurelia-gloves-m20

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2021-08-09 11:25 | Report Abuse

Malaysia has reported 360 death yesterday. It is worse than mh370 disaster. Always stay safe and vigilant.

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2021-08-09 11:12 | Report Abuse

Most of powerful countries was planning to end of covid19 pandemics at year 2021 with full vaccination on their population. It seem now situation is getting control of covid19 to became uncontrolled of delta variant in just short of 4 weeks of opening. Now most of countries in mid of lockdown or already lockdown near the year end. Even shorties ib are predicting the ASP will be lowest in mid year of 2021. Thinking covid19 is "kow tim".

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2021-08-09 10:30 | Report Abuse

This Supermax (OBM) business model enables the group to supply directly to end customers at distributor’s price instead of at factory prices. Due to the rush to stockpile gloves in preparation of a fourth wave, customers are willing to pay high prices as long as manufacturers are able to offer capacity allocation

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2021-08-09 10:25 | Report Abuse

By year end 2021 Supermax production capacity will increase to 36b when all the plants 13-17 will in operation.

Stock

2021-08-07 12:54 | Report Abuse

How many cases and deaths can the United States expect in the Delta-driven surge?
Many computer models predict case counts will peak sometime between mid-August and early September. That peak may bring as many as 450,000 daily cases, according to forecasters at the Institute for Health Metrics and Evaluation (IHME) at the University of Washington. IHME’s models have drawn controversy throughout the pandemic and other groups are more conservative: The COVID-19 Forecast Hub predicts the daily case count on 21 August will be somewhere between 29,000 and 176,000, using a range of estimates from 41 different models.

But all projections rely on assumptions that are moving targets—such as mask wearing and vaccination behavior—and accuracy quickly diminishes the further out the forecast. “We can probably expect to see cases continue to rise for the next 2 or 3 weeks at least. Beyond that, I think it’s challenging to predict,” says David Dowdy, an infectious disease epidemiologist at the Johns Hopkins Bloomberg School of Public Health.

https://www.sciencemag.org/news/2021/08/what-does-delta-variant-have-store-us-we-asked-coronavirus-experts

Computer predict 450k daily cases in US in early September.

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2021-08-07 10:18 | Report Abuse

U.S. President Joe Biden declared the U.S. close to independence from the virus. Britons hit the dance floor to celebrate “Freedom Day.” Singapore’s legendarily strict government signaled it would begin to loosen its zero-cases approach and make life and travel more manageable.

But if those places were ready to be done with COVID, COVID wasn’t done with them.

The sputtering U.S. vaccine campaign has run headlong into the highly-contagious delta variant. The U.K.’s reopening has coincided with a new surge in cases and fears of “long COVID” in younger people. In Africa, deaths have spiked as vaccine supplies remain meager. And in Japan, rising infections have forced the already-delayed Summer Olympics to be played in empty stadiums and arenas


https://fortune.com/2021/07/27/how-covid-19-came-raging-back-2021-vaccination-delta/

Stock

2021-08-07 08:55 | Report Abuse

US hitting 130k today. Every day increase 10k now.

Stock

2021-08-06 15:05 | Report Abuse

Debt to cash ratio comparison of top stocks
Supermax : 0.078
TG: 0.1106
Harta:0.029
Mrdiy:18.74
Genting:1.56
GenM : 4.30

The higher debt to cash ratio meaning it will takes longer time to recover from debt. For GenM will takes about 4 1/2 years to be debt free. Worst one is Mrdiy, it will takes 18 years to cover its debts.
Investors should take note of this important ratio.

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2021-08-06 12:27 | Report Abuse

Posted by pjseow > Aug 6, 2021 12:01 PM | Report Abuse

Tonee and Myinvestor,

THere is a possibility that supermx already has 30 billions p.a capacity by now from the newly added 2.75 b from plant 13 and 1.0 b from plant 14 . The last QR briefing did mentioned about such capacity add . The balance 6 billions will most likely be added in 2H making the total capacity to 36 billions which is higher than the present Kossan capacity.
By end of Sept 2021 , supermx might add another 3 billions and by end December by another 3 b making the total to 36 billions as committed by Supermx .
The 2H earnings will be boosted if this is the case . One billion per qtr earning will not be a problem for the subsequent qtrs barring any unforeseen circumstances . I think supermx workers will also be vaccinated as the other glove makers .

PJ Seow, thanks for your updates. It could be 30-32b capacity if u include lot38, Sg buloh. 1.19

Rebuilding & Replacement of Old Lines
Lot 38, Sg Buloh
Capex 70.0m additional capacity 1.19b 2HCY20 (FY21)
Source Midf.

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2021-08-06 09:56 | Report Abuse

US new cases hit above 120k.

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2021-08-05 20:03 | Report Abuse

Posted by ToneeFa > Aug 5, 2021 7:11 PM | Report Abuse
I think you are right myinvestor, although there is no official news of the completion and commissioning of the Plant13 except in the aureliagloves website. I read somewhere that Plant14&15 capacities are 6b each. So Plant13 must be 10b. Means that Supermax is currently alrdy producing 36b capacity, just 8b behind Harta at the moment.
Pjseow, looks like Supermax alrdy overtook Kossan this qtr. With its OBM module, its earning will not be far from Harta in 1Q22 QR. What do u think?
Maybe this is why MonkeyMakers has been acting weird and desperate lately, even coming up with the most ridiculous " overvalue" calculation. First of its type in the world, only can be found here bcos we have world class mo ron trolling Supermax forum.

Toneefa, with new 13 plant in operation Supermax are able to clear all backlogs and speed up their shipment in North America. This add more revenue and profit in the this qtr and subsequent qtrs.

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2021-08-05 13:30 | Report Abuse

Supermax big shipment to US Supermax health inc in July 2021
https://www.usaimportdata.com/usa-import-importer-supermax.aspx

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2021-08-05 09:08 | Report Abuse

US new cases hit above 111k.

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2021-08-04 21:15 | Report Abuse

Supermax should no issue get 1b-1.5b this coming qtr based on increased demand in North America market (Cbp banned TG). Furthermore the plant13 already fully operation according to their US aurelia. The timely planned expansion are listed below.
2020 Plant 11 cap 27.3b
2020 Plant 12 (block A n b) add cap 4.4b
2021 Plant 13 4.3b estimate Total cap 36b
2022 Plant 14 and 15 each estimate 6b each.
Total 48b.

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2021-08-04 09:22 | Report Abuse

Us new cases hit above 100k again.

1 USA 36,043,489 +102,752

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2021-08-04 09:09 | Report Abuse

With plant 13 in operation, Supermax capacity should had raised production capacity from 27b to 36b in 2h of 2021 according to their AGM 2020.

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2021-08-03 14:18 | Report Abuse

Harta post 2.26b profit and revenue 3.9b. Highest profit for profit for harta. Supermax coming soon another super profit for the q4.

https://www.klsescreener.com/v2/news/view/862659/hartalega-posts-record-quarterly-net-profit-of-rm2-26bil

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2021-08-03 12:43 | Report Abuse

EIJING: Authorities in Wuhan on Tuesday said they would test its entire population for Covid-19 after the central Chinese city where the coronavirus emerged reported its first local infections in more than a year.

The city of 11 million is "swiftly launching comprehensive nucleic acid testing of all residents", senior Wuhan official Li Tao said at a press conference on Tuesday.

https://www.nst.com.my/world/world/2021/08/714407/chinas-wuhan-test-all-residents-covid-returns

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2021-08-02 17:45 | Report Abuse

Our 13 production complexes in Malaysia are working full time to maintain production and ensure regular and prompt shipments so we can remain a strong link in the national essential infrastructure supply chain which is depended upon now, more than ever, to battle this public health crisis in our country. We are also accelerating construction and completion of our 14th and 15th production complexes. With all 15 complexes online, we will be able to produce and supply more than 48 billion pieces of medical gloves per year.

https://aureliagloves.com/a-message-to-our-customers/

13 plant had already started full production. The capacity might already increased to more 26b. Probably 32 b. This will add additional revenue and profit to the company.

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2021-08-02 17:20 | Report Abuse

KUALA LUMPUR (Aug 2): Hartalega Holdings Bhd executive chairman Kuan Kam Hon said prospects for the rubber glove manufacturer remain strong in the short term as glove demand is projected to remain high as the Covid-19 pandemic generates demand for gloves, which are seen as a crucial form of personal protective equipment to curb the spread of the pandemic.

Kuan said in a statement in Hartalega’s latest annual report that while demand for gloves is projected to remain high for the short term, such demand is expected to reach an equilibrium and average selling prices for gloves are subsequently expected to stabilise.

https://www.klsescreener.com/v2/news/view/862023/hartalega-prospects-strong-as-short-term-glove-demand-to-remain-high-chairman

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2021-08-02 11:21 | Report Abuse

Covid19 vaccine the demand will reduced in subsequent in year 2022,2023 as world is fully vaccinated. Why need covid 19 vaccine anymore? Of course the price will drop when there is no demand.

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2021-08-02 11:12 | Report Abuse

JPM downgraded Malaysia gloves stocks is just a perception to make big profit in gloves short selling. While US stocks Pfzier/biotech which have similar ASP reduction in subsequent year 2022,2023 there is no TP downgrade from them.

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2021-08-02 10:44 | Report Abuse

Mercator and Intco shares up 3.2% and 2.7% respectively due to high delta infection.

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2021-08-01 21:52 | Report Abuse

REUTERS: Pfizer Inc and Moderna Inc has raised the prices of its COVID-19 vaccine in the latest European Union supply contracts, The Financial Times reported on Sunday (Aug 1).

The new price for the Pfizer shot was €19.50 (US$23.15) against €15.50 previously, the newspaper said citing to the portions of the contracts seen.
https://www.channelnewsasia.com/news/world/pfizer-and-moderna-raise-prices-for-covid-19-vaccines-in-eu-15355736#cxrecs_s

The price increased in vaccine will have similar effect of ASP of gloves as both demand is higher than supply.

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2021-08-01 10:38 | Report Abuse

IMPLEMENTING a windfall tax to companies who are making an extraordinary profit from the Covid-19 pandemic could impose a negative perception on potential investors, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

“Any new introduction of windfall tax should be reviewed carefully as it could impose negative perceptions on investors who may see it as the government is taking advantage of their profits,” he told Dewan Rakyat yesterday.

https://themalaysianreserve.com/2021/07/27/tengku-zafrul-sudden-imposition-of-windfall-tax-may-scare-investors/

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2021-07-31 17:45 | Report Abuse

CDC study shows 74% of people infected in Massachusetts Covid outbreak were fully vaccinated
About three-fourths of people infected in a Massachusetts Covid-19 outbreak were fully vaccinated against the coronavirus with four of them ending up in the hospital, according to new data published Friday by the Centers for Disease Control and Prevention.

The new data, published in the U.S. agency’s Morbidity and Mortality Weekly Report, also found that fully vaccinated people who get infected carry as much of the virus in their nose as unvaccinated people, and could spread it to other individuals.

https://www.cnbc.com/2021/07/30/cdc-study-shows-74percent-of-people-infected-in-massachusetts-covid-outbreak-were-fully-vaccinated.html

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2021-07-31 10:01 | Report Abuse

Don't expect the gloves demand to go low, the cycle of pandemic is 6m bc the vaccine antibodies waning after few months even with booster shot. Human in future could be like battery of our hand phone which need constant recharging (booster job) to protect against the covid19 variant.

Stock

2021-07-31 09:55 | Report Abuse

It seem the US vaccine immunity lasted only last for only 6m. Last big wave was 6 Jan 2021 where it hit 230k new cases. Now the delta big wave swiping all US states and hitting 99k+ on 31-Jan which is just initial stage of wave.

Note Delta variant able to infecting both vaccinated and unvaccinated like chicken pox according to the CDC latest report.