Example: The substantially shareholder, Vanguard group is buying and selling everyday the Supermax shares.

Actually not only local IBs, even foreign institutional is gang up to buy and short in our market. Money is everything, if only Bursa liquidity is huge, a single or group of institution cannot manipulate the market.

TBH, when they buying up to push the price, you do not thank them, why bother to whack them daily when price down (or up also maybe?) lol

SUPERMX-C78 not held by KIBB reduced from 4,414,000 to 834,400 as of 30 Sept, expecting less selling pressure.

Yes, Blackrock Inc. increased 76.5% stake this year and emerged as Top 30 shareholder with 1.24% holding.

@Morpheus61, if the CW in the money of RM5, the underlying share will has gain of RM5 too if they hedged. Instead of blaming whenever share price up or down, I believe educate how SWs works is much more valuable.

So far for the 5 CWs, the shares that not held by IBs up to date 31st August is in between 0.2%-6.3%.

I think the IBs will still hedged with at least equivalent underlying shares, given the sale proceed from CWs is at higher premium.

Supermax 1year plan, lol

03-Jan-2019 BONUS_ISSUE 1 : 1
06-Dec-2019 DIVIDEND_SHARE 1 : 65
04-Sep-2020 BONUS_ISSUE 1 : 1
===============================
Dec 2020 DIVIDEND_SHARE 1 : 45
Mac 2021 BONUS_ISSUE 1 : 1
Dec 2021 DIVIDEND_SHARE 1 : 25

BOD want to collect another 20Mil for FY21 1:25 share dividend.

so active again in forum @fts

share accumulation

going back 0.3?

share accumulation

Might not be stronger than last time's peak IMO as:-
1) smart money started to flow into TG and Supermax due to affordable and leader of the sector.
2) historically, PE will be traded at below normal average for pandemic period. PE of 10-15x for FY21 is a fair value, which estimated at below RM5, unless people valuate the stock based on the most peak period like 2HFY21+1HFY22.

Anyhow, current price with PE(TTM) below 30 still a bargain if reversal is confirmed.

can anyone confirm if the current production capacity for Rubberex is 2.5bil pieces per annum?

Thumbs up for informative writeup. Btw, wonder does FY21 PAT of RM5bil ever come across your mind for Supermax? Haha..

I think it's going to break higher high if the September lumber futures break 720?

September futures traded at historical high.

and vaccine yet to get official WHO approval and mass production, but Supermax had confirm earned estimated 400mil up to 12 august for Q1FY21.

mean 45 ordinary share after BI, and entitled for 1 ordinary share as dividend. Current share unit*2/45.

aluminium break $1800 this week?

@ongong2020, Thanks for your input. I send you a message in i3 messenger, mind to check it.

Every single quarter making 21mil net profit until year end then can support the price. Hopefully it can.

Good to enter now? I want to revenge get back my 70% losses in KNM.

Hi sardin81. You are back!!! Mean KNM going to up soon? Pity me cut loss during March :((

Estimated Q3 & Q4 PAT at 27M and 31M respectively make it FY20 PAT at 95mil at EPS 17.65. TP RM3.53 with FPE 20 :))

so sad a good counter become goreng counter

Definitely, Bursa is the direct earnings from market trading and simply compare the PE, will choose Bursa warrant instead of N2N and Eforce.

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xenovoon I would rather buy BURSA warrants thatn N2N & Eforce
07/08/2020 6:09 PM

@Titan, adv simply exceed 2019 average circa 2.1bil within one hour. FDI left out only around 10% no worry for PRU15 lah... we got glove.

It's just a beginning... more to come.

glove correction, Bursa earning time lol

Wow IT project.

Market so hot, almost closed above 4bil adv for morning section everyday. That's circa RM1.5mil of clearing fees revenue just a half market day.

No hard sell of what you'd bought in here lol...let market decide.

two gang is fighting lol

some parties make a huge volume fake sell queue intend to collect at lower price if you notice. Any huge volume eat up, queue will disappear.

Thanks for hard work!

Guess goes up 0.160 then return back to 0.15 at the end of the day.

Najib punya pasal lah, thought that day he got sentenced, this stock linked to myeg boss and BN, then cut. Also because of doubled of Bursa's PE.

sien lo... cut win move to Bursa only move.

sien lo... cut loss ald only kick in... :(

Thanks! I think will put aside and hold till year end. I quite like K1 business mix, EMS+Cloud+HC, it's like invest one for 3 lol

If my average at 65 cents how? :((

Nice closing at 9.95. We will see above double digit ringgit soon.

Still more than 4% of dividend yield estimated annual dividend of 40sen better than FD under current low base rate environment.

But retail pharmacy might doing well during MCO, as street retail are convenience compare to mall retail.

QR no cantik lah director already mention in interview. Exporting to China got locked down during MCO.

Today got 4D special ah? 1818 - 10B120S lo haha... First fay of August break volume record, second day break value record lol