If u see the article why maybulk, u will knw bdi not direct linked to maybulk result as bdi index is contributed by few index.

Staff turnover in audit firm is very high. The staff quality is really depend. Somemore, I guess the audit fee of serbadk is super low in 600k only for few billion revenue. They might have argument in audit fee and auditor might plan to withdrawn this serbadk from their customer as 600k is not material to them. Hence, they don't reply to Serbadk anymore after 6 of May. They have plenty of other easier customer.

Change of auditor is correct decision, as New Audit Partner kiasi and refuse to sign the report. Why they need an audit partner which refuse to take risk and continously appointed as auditor?

Audit partner kiasi and don't response anything is possible. Auditor is famous in kiasi. May be the contract is in different language and auditor wrote the wrong address when put in their confirmation.

I initially plan to sell, nw I will hold and choose to collect more if it drop. Cause the problem come from audit firm.

Human error is possible as audit work done is done by the human. Big 4 staff also is human.

In fact, kpmg auditor restrict their audit materiality in Fy2020 especially those oversea debtor. Example last year check 4 debtors, this year check 6 or 7. Hence, those new samples might first time receive this confirmation and don't care for this confirmation. Another factor might be rotation of audit partner and new audit partner is young kiasi partner and don't agree everything.

superb result just announced. Hope it will fly steadily since tomorrow.

Cause Pinky want to buy it at cheaper price again. Everyone is willing to buy at cheaper price. Me too. With a company have 5% DY, undervalue port business, just allocate our money in few batch to enter... and close the screen and wait 1 year (after covid19 settled)...we buy for future not short term.

Hi Ally, kindly add me into your group also. Thanks.

if limit down tomorrow equal last chance coming.

Print glove equal print money now. Their boss wont let the factory cease operation lah, time is money especially for print money (produce glove now). Boss will rather pay higher to get more part time staff to help them. For the concern of glove may have virus and hospital may avoid to use it, virus will die during the delivery time.

https://www.theedgemarkets.com/article/top-glove-closes-746-lower-13190-workers-put-under-emco
Nothing to worry lah. factory still in operation but necessary procedures on screening and sanitizer to implement and provide. Lack of staff can find partime from outside, many people unemployment now.

CPO futures break RM2.9k for Oct and Nov. Remaining mths at 2800++

https://cdn1.i3investor.com/my/files/st88k/2216_IJMPLNT/qr/2020-06-30/2216_IJMPLNT_QR_2020-06-30_IJMP21Q1_-1459255228.pdf
Excellent result

DK, please add me too.

Glove counter will benefit from lower oil price. As part of its raw material, butadiene dropped from 900+ to 600+ recently.

this quarter result is slightly improve than last quarter only. The corona effect wont factor in this quarter. It will factor in next quarter onwards only.

Supermx manufacture nitrile glove also. 45% ++ of its production are nitrile glove.

usually only..the fact is 30%++ of the supermx's revenue are contributed by Europe market.

Italy lock town also. It means the glove in europe market also urge / boost in demand as Europe is the 2nd biggest glove market in this world. Now is glove theme.

haha..sound right... but honestly said, after i visited the hospital, i just noted why the demand for glove is high cause the annual capacity is too much. And i been AGM in 2019, the directors told the same thing during break time.

who told you the glove can be reuse? the glove used by hospital are disposable glove. I visited the hospital before, i have seen the sister wear 2 gloves before they enter the room and throw it in rubbish after they come out from the room. It take less than 5 minutes to use 4 gloves (2 hand = gloves) for a room. Different room will use different glove.

Can be cured? how long will it take? the current situation is virus being control in acceptable level. The virus will still easily spread if gov no control it. The people will still use whatever thing to avoid the virus until the some specialist said virus have vacaiine and able to mass produce it in China population level. We need thanks china as they freeze their town to avoid the virus spread more seriously to whole world.

Buy for future, new budget will come out and help those entity who will help the world with cheaper labour cost. This coming quarter result wont factor in the higher revenue of corona virus. However, they will factor in the cheaper cost in rubber. The margin will slightly improve.

Buy for future, buy for fundamental, buy for glove demand will pick up in the future as the better hygiene implemented by the public. Even the new case slow down, but the virus is still there. These will take at least half year to kill the virus or have vacaiine. Hence, glove demand will remain robust in the coming half year except someone guaranteed the virus are killed and 0 case. Otherwise, the demand is still robust as front line hospital people still using glove to protect themselves from the virus.

WOW. i am surprise that i manage to buy another batch at 1.54 today. Why this supermx so fierce.

hehe...i managed to get some lot at 1.58. I still have few bullets waiting at 1.53, 1.45. Hope the shark can sell down again at this week. So i got chacne to buy before it up on next week.

my strategy earn not much, but safe at least.

preparing another bullet for 1.6, 1.55,1.5

Superfool, i will thank you a lot if you can let supermx drop to 1.5 or 1.6 so i can buy more at lower price at current situation.

newahwong, some friend send me their quarter result estimation which sent by their remisier. It is quite reliable as all of the Company that i have follow is correct for few quarter.

Superfool, see u next next week.

superfool, ur calculation or english very poor...the person who making profit can talk by u till loss..I suggest u to look doctor. Or u give me ur bank account, i transfer u RM1 to look 1Malaysia doctor.

newahwong....I dont dare buy warrant as it will earn big or lose big.. Buy mother shares is safer as we want invest longer and sleep nicer.

I offline and see u on 26 feb as result will announce on 25 feb. We see how is the result and shares price go on 26 feb. Topglove and Harta prove that there is good result in coming quarter. I believe supermx will have better result than last quarter.

superfool is really super fool enough, always talk cock and repeat the same thing.

Anyway, i still have other glove company in Singapore and Malaysia Kossan. So, i am the 1 laughing at u which i enter at low price since half year ago.

U can see i dont voice out when the prices are high, as i no point to voice out after sold the shares. The shares price of supermx not my business after i sold it. I only voice out when i buy the shares.

Agreed with tws13282. Superbull, anyway i need thanks for your promotion as i collected few round between 1.35 to 1.3....Because of ur promotion, i slowly average down my cost from 1.5 to 1.39. After that, u know i knw, those people who hold long term will earn some kopi money with 50 cents profit per shares.
We dont buy all at 1 time, shares will always up and down, we just slowly collect if it down. I can be long term or short term investor.
Now, Supermx is the only glove company which such low price in Bursa.

i am the 1 laughing at u as i earn around 100k++ from this supermx already.

halo superbull shit, i unload 70% at 1.88 -1.9 on the highest volume daywith my average cost 1.39...then buy back at 1.65...and waiting nw.

Superbull shit, i am surprise that u are still with supermx. Why u still doubt about supermx if u not interesting in supermx?

superbull shit should change account already. Otherwise, he got no face to comment here already.

So, the shark still can control the price and accumulating the shares till next week. Hold tight till result out. The prospect in coming quarter result will tell u truth.

Based on the estimation on some research, report will announce on 25 Feb.

Supermx can run business without stanley thai, stanly thai just a major shareholders only now. The infrastructure of a company wont crash with a person go jail.

hold for future. Supermx having normal result with 75% utilisation rate in last quarter. What result will supermx have if its utilisation rate hit 95 % or 100% for next quarter? You can see the revenue will increase 20%, 5% lower due to CNY fall on next quarter. Eventhough coming result still normal, but we invest for future. Glove demand are peak now. They need quantity, they will take from every glove supplier.

the correction price now is good chance for us to grab more glove counter shares. We must greedy when we confirm the future is good and dont defeat by the big shark which they follow market and dump the price and let retailer like us sell the cheap shares to them.

glove demand is supreme high due to better hygiene in the future, corona virus in China (less competitor and higher selling price), Influenza A virus in US, more market shares and highers selling price in Europe due to leaving of China supply.