supermx producing 22-28 billion of glove per annum. 1 day production = 60m unit. They donated 2.5m unit to China, which is less than 1 hour production.

compared to other big 3, supermx mentioned its utilisation rate during AGM is 75%, topglove is 85%....who will benefit the most?

no matters how worst for the virus, business is business, company still need sell the glove to the place who need it and collect the money from them to run the business. Business will keep growth due to current corona virus and higher hygiene in the future. So demand is there or super high and it is more than supply, what will happen in the next? Price might increase slightly and increase the company earnings.

3rd is glove company facing heavy competition issue in Europe market due to China entity dump price in Europe as they lose the market in US in during trade war. Hence, most of the glove company shown the decrease in their profit margin as they followed china to reduce selling price in order to maintain their customer in Europe. This situation go well as Europe entity realised China glove have lower quality and they move to malaysia stock after that in the end 2019.

4rd, China don’t have extra production to export to Europe market due to high demand in China (Virus). Hence, Malaysia glove company will capture a lot market shares from China entity. In the coming 2-3 quarter, glove company will have significant improve in revenue and profit margin.

average selling price of glove go from low to normal or higher than normal due to supreme demand. What will happen? The earnings of the glove will significant improve.

Why supermx is because it has extra 25% capacity to manufacture the glove. Cheapest PE in the big 4 glove.

New business sure take sometime to break-even the cost. 1-3 years is reasonable and acceptable as they need spend time on promotion discount in order to attract more customer to try their products. After 1-3 years, their business will turn better after they have loyalty customer.

sell sell sell, Topglove operating profit margin recover due to decrease in rubber price, the margin will improve in next year due to decrease in electricity and gas.
Comfort increase in revenue due to increase in production.
Supermx will increase production, having cheaper rubber for their material cost, utility and gas price. So faster sell.

bull shit...faster open more account and spread news to lower down the price. I waiting to collect at lower price.

haha..this bull shit really super stubborn. Why a person can keep spend time to promote this stock although it is in fake bad news. Is u want to spread the fake news and collect at lower price?

superbull shit keep talk old man story and repeat the same thing. Please find new idea to comment. otherwise, i feel very sienz when read ur comment.

Superbull shit, why u use we? you are the only person who say fake bad thing on supermx. Nobody care your call on buy or sell. Why u keep repeat on same thing?

Superbull shit, why u use we? you are the only person who say fake bad thing on supermx. Nobody care your call on buy or sell. Why u keep repeat on same thing?

Superbull shit keep on repeating the same message. He highly is appointed by shark to spread fake news to lower down the price in order to accumulate more shares at cheaper price. Hence, he keep continuously show bad message and let the new investor to see the bad news only.

Superbull shit.. U really don't think too much to collect at rm1. Spend time to do research on other company better.

When the management buy back their own shares. It means their shares is really too undervalue and management confident with their future performance. It means good news is coming.

Cost of electricity and gas drop next year. Rubber cost also drop from Oct. The profit margin will recover better in this quarter and next quarter.

I curious why a people will spent much time on the stock that he dont like. Cause i will not spend in the stock that i dont invest. Superbull sure loss a lot in supermx. That's y hate it so much. Or u want buy in lower price, which u cut loss previously.

Superbull~shit just anyhow shouting the unreasonable comment there. Or you are the staffs who hire by shark to spread out the bad news to cheat people sell out their shares and push down the price?

let me ask u? Is the branded company will cease operation when the founder resigned or go jail? If your answer is yes, why the public bank still there when the founder pass away? The company's infrastructure is there and the plan is set there, the management can easily follow their 5 years plan. While for your production oversupply, the increment of global demand is 10% to 12% per annum. What you worry? Or you thought the management stupid like you and keep talk nonsense to spread false news on bad strategy to expand production while all glove company is expanding. If the company making loss, they loss more than you as they hold more than you this ikan bilis.

Supermx overdrop already. Even though, result come out with 20m profit, it is still over drop in current price 1.4. But it should have at least 25m to 30m profit.

Us don't import wrp glove, then glove supply by wrp portion will absorp by other glove manufacturer.

Sell on tomorrow is late and lowest already. Keep 1 quarter and wait shark goreng up is the another way. As delay In revenue recognised cannt be too far.

Big volume is due to big shark buy enough shares and goreng down to accumulate more in the future. They collobarate with the management with bad result and delay their revenue into next quarter and goreng up in next quarter. Buy or sell up to u.

How u knw? Do u mind to share?

DUNGUN, July 25 (Bernama) -- The East Coast Rail Link (ECRL) project will be relaunched by Transport Minister Anthony Loke Siew Fook at the Dungun Tunnel site, Rimba Bandar Bukit Bauk, here today.

The event, scheduled for 11 am, will be attended by Terengganu Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar.

Loke was previously reported to have said ECRL’s relaunch today would create a larger function and scope for local companies to play in the project.

The project was 15 per cent completed when it was put on hold since July last year and the government's renegotiation with the developer has managed to reduce the cost of the project’s Phase I and II to RM44 billion from the original cost of RM65.5 billion.

The ECRL new route is also shorter by 40km, reducing its total length from 688km to 648km and will start from Kota Bahru before running through Mentakab, Jelebu, Kuala Kelawang, Bangi / Kajang, Putrajaya and ends at Port Klang.

Be more patient with the shark...dont flush out by shark. Dont care the daily up & down of shares price, just care the company value. Then u have more confident and patient to wait it up already.

If deduct the one off reversal of impairment 0.97m and accretion of fair value for non trade receivable 7.5m... The company is making loss of 2m

TP2.2 to 2.5, gogogo.

And dont use ur limited view to judge people. Your capital may be 10k or 20k only. Not everyone is same with you. The people you blame may have 1m or 10m and they have 10% profit which is 100k or 1m.

superbull11, result prove everything. Supermax share price now is 1.65...whatever it drop before is for us to collect at cheaper price and we having steady unrealised profit now. low risk low return. As supermx have limited risk, so low return with 14% profit now.

result maintain but shares price drop 30%....worth to buy? think urself.

Just hold and close eye...No matter how war start, the government still will run this services to save the future cost. Patient still need look doctor.

After change of new auditor..Result still acceptable, no worry..buy for future. the director confident to say they are consecutive profitable for 7th quarter. Buy on bottom with few round. Your ucrest will up 50% after 1 and half year.

Yupe. Buy and keep..tired in up up down down. Another MYEG with profit margin 25-30%

Anyway, it reach my another entry price...i will reenter my 2nd bullet.

i went AGM and the boss told that answer to us.

High profit margin is because of the recurring software income on intangible assets. No device cost, only few staff on customer support for this cost. Anyway, they keep on purchase additional software which means company is confident in the future customer base. I will continue hold long term as this company have good prospect.

ktb33, What is ur supporting reason that 6 trading days will back to 1.5? As what I know, Supermx has no bad news currently.
Strengthen in USD benefit for export counter like supermx
Old and inefficiency factory got fire disaster and fully claim from insurance and replace with automation factory.
Contact lense start contribute in Oct and the highest set up expense is book in the last quarter. Expect coming quarter will have better result in contact lense portion.
Trade war impact - The largest demand country - US trade war with China, hence they will try to avoid to take stock from China and turn to take stock from Malaysia or Thailand which benefit for Malaysia glove counter.
So, tell me what else u expected?

For such stable and steady growth counter, must happy if down as u got chance to enter this counter. Buy when down instead of chase high.

dont run so fast...i still havent collect enough.

be patient^^

keyasic move liao...when is Ucrest turn?

Another company like MYEG.. buy when it not yet boost.

lets time prove it...If the quarter result announce at end of this month have the eps more than 1, then the shares price will start chiong to RM0.4

https://www.klsescreener.com/v2/news/view/518847
Inova Solutions Limited, Inova Care LLC and UCrest Bhd have executed a collaboration agreement to develop and distribute UCrest’s portfolio of innovative and technology-driven health care products and services in North America and Asia on a mass and niche basis using multiple distribution channels.

No worry, i success to collect some at .235 after follow SuperPanda's advice. Just prepare ur bullet if Ucrest drop again.

5穷，6绝，7翻身。大家都在5月卖票，现在提早了。

lol, then i put higher price to collect ucrest at .235

1st bullet to average down the price ready at .23 cents

suggest slowly add. .25, .235, .22 to add. My next price to add is .235 to .24

Result will be announce at end of the month. This is the last chance for big crocodile to flush you out. Hold tight for your ticket and wait the result out to reward your decision.

https://www.reuters.com/article/malaysia-economy-trade/malaysias-february-exports-unexpectedly-fall-53-pct-y-y-idUSK7N1BD00M

Rubber product up 3%

i guess KYY shares finish sold. Sendai will rebound soon after those person finish to sell their shares collected at 46 cents to 49 cents. It will rebound like JAKS.

Yupe.. Safe counter.. Buy and sleep nicely. Look back after quarter result out. Then u will smile.