many counter kena last min force sell down large volume.. scare what?

remember.. this is month end... many company that play in stock market need to force out to pay salary, rent or close account for QR report..

@CharlesT If they bought at the same time with the sbb then only make sense.

ya, but that's will be another internal trading case..

@rr88 still using technical analysis on glove counter? you slow slow wait then...

@GooShem alot better than your HIBISCUS red closing...

genting bring the gemble to stock market?

@YTH888 wow that's tough condition you are facing right now.. anyway lets we win big big for this time until covid-19 off and all get back to normal day!!! huat!!

will it close at 7.88?? lai lai big or small...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3053284

director Acquired share!

maybe just think when got dividen, bonus 1:1

jaguar car better ... match with supermax black panther style

@ Activestream YTH888 I have 2 Myvi now.

Sure or not 2 Myvi only maybe hiding a BMW somewhere else !!!!

2 BMW in supermax stock

omg GooShem come back!!

go toilet poo awhile .... come back and sudden the poo turn to gold..

foreseen share buyback ....

today got announcement?

6,92!!!

high 5 !! (^^^^>)

6.88 really coming..

shit... are 6.88 really coming?

maybe US fund pull back from china buying supermax? :p

6.88 next :p

ok discount 50% .. RM 0.88 (huat huat ) also good enough :p

with their future 1b net profit.. RM 1.68 (yik lok huat) dividen no problem :D

68,888,000 treasury share... they already give hint

6.88 then 1:1 bonus issue

correction done..

once accumulate enough of road block.. shark will one short grab all..see it many times already.

let see how is top glove result next month.. if result also so so.... many will jump here..

maybe don't talk about the tp now, lets talk about when it gonna split? haha

U turn?

@GooShem but you said glove now is overvalue...

before QR rise from 1.6 to 4.5 no one come here to bark over value .. after QR only bark.. this ppl really funny.. haha

@Dynasty which report you referring to? can share?

my newbie opinion.... if apply windfall tax on glove = increase ASP = no lost to company

but Trump will make call to Muhyiddin again... haha

@GooShem you should compare to QR that release recently.. what is the profit margin due to OBM

the power of OBM... just started

some interesting shipment info from May 01, 2019 ─ April 30, 2020 to US...

supermax : https://www.datamyne.com/importer/6665188/supermax-incorporated--il-

Kossan : https://www.datamyne.com/supplier/8998940/kossan-international-sdn-bhd

Harta : https://www.datamyne.com/supplier/1659372/hartalega-sdn-bhd

one more thing for sure... if all the big 4 inventory clear out... mean big 4 production cant quo with world demand... so when demand > supply... what will happen? HUGE spike in golve price... so supermax with OBM will roket again.

actually all country leader learn a very painful lesson..

shortage of PPE during pandemic = high fatality rate / lockdown economy.

they already pay a very high price for that during this few month..
so they will ensure to keep their PPE in high stock all the time during this period to lower the fatality rate and not to lockdown economy again.

so open up country = glove demand drop? think your self ba...

@wendy76
that's few spike drop in supermax week ago before the QR report... mainly due to contra player.... but now with strong qr.. many will hold it...
maybe in future you can sell half and keep another half... so you wont loss all your ticket...
just my opinion and the decision up to you.:)

canada inventory condition at 25 march (look at right side in the video) :
https://www.facebook.com/AureliaGlovesCanada/videos/233567361130012/

canada inventory condition at 18 May (look at left side in the video at 0.00):
https://www.facebook.com/AureliaGlovesCanada/videos/557004565200832

this only show for canada inventory ...

let me do some simple calculation..

first we need to find how is the earning per month after pandemic (start on march).
lets us compare with 2019 Q3 result,

2019 Q3 net profit is 34.6m, so net profit per month will be like this:


2019 Q3 = 11.53 + 11.53 + 11.53 = 34.6m

let said 2020 Q3 jan and fed earning per month same as 2019 Q3

2020 Q3 = 11.53 + 11.53 + X = 71.1m

so 2020 march earning is X = 71.1 - 11.53 - 11.53 = 48.04m !!
earning per month after pandemic begain is 48.04m!!!

so now let said the sale and ASP performance maintain for next 3 month,
next QR net profit it will be like this..

2020 Q4 = 48.04+ 48.04+ 48.04 = 144.12‬m!!!

so the 144.12m is calculated on linear sale volume and ASP base on march earning
haven't factor in increase in sale volume/ ASP over the next 3 month.

for eps or pe ... you calculate your own...

let me know if i'm wrong.. im just newbie...

Edit: format issue

before the price up from 1.6 to 4 that time... this ppl no come here to bark... but after qr result out only bark... haiz..

@lazycat

goreng from RM2 to RM6 , RM4 = profit 200%, even sell off to RM3, those goreng kakis still going untung kawkaw, only fools go chase higher now or keep average down from RM6 to 3 , thats why gamblers always lose money loh..!!

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better show this comment to top glove and harta that with high pe... more effective there...

@lazycat your crystal ball type of blow water lagi geng...

this Talib so bad... really lead ppl go holand...ask ppl buy high risk share...

@trythis fear not.. in the report it said sold usual 4-month working inventory within 6 week. dosen't mean "ALL" his inventory. base on the qr report their inventory just drop about 9%++.. still got alot more to go..


thus the bumper profits beginning March/April, let said march (4week) profit already count in this qr.. still got 2 week more profit haven't count in this qr... thus only 1 month they already double the profit... how about full qr?

https://www.usatoday.com/story/tech/reviewedcom/2020/05/21/covid-19-where-you-can-find-disposable-gloves-back-stock/5239171002/

disposable gloves are becoming harder and harder to find in stores and online in usa

@Talib you should go bark at top golve and harta that with high PE.... not here...