@ ahbah

To be honest, many people are promoting vaccines and that glove's demand will reduce significantly will be proven wrong.

Vaccine wannabies are thinking after 1-2 doses of vaccine, the individual will be 100% immune to covid-19. It's very sad to see these understandings.

Anyway, glove will still continue to produce after covid-19 war but vaccine for covid-19 will definitely die a natural death since vaccine wannabies believe everyone is cured in the end.

The other thing abt taxation and raw material cost increase, normally glove manufacturers will just pass the cost on to customers.

In other words, there is no impact on the glove companies.

@ soonheng

Where do you get the information from?

Though it is not announce on Bursa Malaysia.

It seems unlikely to have windfall tax as the government had not met with MARGMA and the leaders for consultation.

Besides that, many industry experts and IBs are expecting this supernormal profit period to end by mid next year once the vaccine is fully commercialized.

Thus, it would be foolish and a slap to their own face to table a tax in Budget 2021 that last for only 6 months.

Seems the more KYY writes, the lower the price.

Notice also that when he's quiet, Supermax shares are soaring.

Why Supermax?
There is the other 3 large manufacturer like Toglove, Hartalega and Kossan are also into nitrile glove.

@ ahbah
This article is to reveal that one of the vaccine manufacturer is confessing that long term mask is still needed.
Thus, PPE including glove will still be the main solution for Covid-19 even with vaccine.

Not that vaccine will not work, but production and logistic are not ready to vaccinate 8 billion ppl.

Even if both production and logistic are ready, the vaccine efficacy may not be effective.

Even if vaccine efficacy is efficient/perfect, a person vaccinated can still be infected with covid-19.

So that's the point that glove WILL surpass most IBs estimate for 2022's demand to normalise, at least till 2024/2025.

To be honest, Investment Bankers are uncertain with the future demand of gloves. Their main idea now is when vaccine is introduce somewhere by end Dec to mid next year, demand will reduce significantly.

However, in August 2020 when vaccine news had started to get louder, gloves counter had start to slow down.

But now, most top 4 gloves order book are filled to end of 2021.
That's why some IBs had started to re-rate last few days.

Of course, if IBs knew that order book for gloves will be filled up to 2024/2025, they will definitely re-rate significantly again as follows:

Topglov= RM30
Harta= RM29
Supermax=RM26 (according to KYY)
Kossan= RM24

Very rare we can experience glove manufacturer's capacity fully utilized and new capacity planned for next 4-5 years also filled up.

In fact, I believe that before covid-19 pandemic is fully 100% resolved somewhere 2025/2026, a NEW PANDEMIC would be here.
Look at the past 20 years historical data below.

https://www.visualcapitalist.com/history-of-pandemics-deadliest/

https://www.cnbc.com/2020/10/29/covid-merck-ceo-says-vaccine-wont-be-a-silver-bullet-predicts-mask-use-for-the-forseable-future.html

https://www.cnbc.com/2020/10/29/covid-merck-ceo-says-vaccine-wont-be-a-silver-bullet-predicts-mask-use-for-the-forseable-future.html

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Glove Catalyst Part 2: Vaccine Manufacturer’s Confession

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-29-story-h1535536627-Glove_Catalyst_Part_2_Vaccine_Manufacturer_s_Confession.jsp

Almost 20 cent in value

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Supermax is lacking from cornerstone investors.

It should do well if 2-3 large long term investor takes up between 10%-15% each would provide long term price sustainability.

Probably by year end when KLCI components are reviewed, funds would normally invest in index link companies.

@DickyMe

I think will be lower than RM4 if Topglov announce bonus issue 2:1

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

@ Joe Ng

Please watch your words. We are civilized people of the 21st century.

We are all One Malaysia, there is no space for racism in this country.

Greed is indeed rampant in Msia and worldwide but it does not go by race.

Please take note of that.

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

New Glove Catalyst-Hong Kong battling potentially deadly superbug


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-25-story-h1535451845-New_Glove_Catalyst_Hong_Kong_battling_potentially_deadly_superbug.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp

Uncertain Times Call for Extraordinary Investment Decision

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-24-story-h1535448094-Uncertain_Times_Call_for_Extraordinary_Investment_Decision.jsp