Import Alert 80-04
https://www.accessdata.fda.gov/cms_ia/importalert_229.html

I saw over here... Not sure if its the right place... Although ur link dont show maxter in the list

re: Myinvestor

I saw maxter name also in the list, do you know if they are affected too? What is YY glove, YZ glove etc... ?

Maxter Glove Manufacturing Sdn Bhd
Date Published : 03/13/2024
Lot 6070, Jalan Haji Abdul Manan, , 6th Miles Off Jalan, Meru , Klang, Selangor, MALAYSIA
80 F - - MC Glove, Patient Examination
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - YY Glove, Patient Examination, Latex
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - YZ Glove, Patient Examination, Vinyl
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - ZA Glove, Patient Examination, Poly
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - ZC Glove, Patient Examination, Specialty
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1

Very optimistic... in fact my thinking is since we see the first electrification photo on yesterday you sent... i think installation of equipment could be only be starting now... installation and commisioning and test run, i think easily 6 months... perhaps 2 more quarters... then after test run if successful, need to submit samples to FDA for certification. my 2 cents...

Installation of plant and machinery
shall follow once the main civil and structural works are completed in year 2023 (qtr report). I believe the installation should be started in Jan 2024. Testing n commissioning of equipment should be completed before 2nd qtr.

Thx for the update...
2nd Q - so fast. Any idea if equipment installation already started?

myinvestor

Maxter healthcare inc Texas, factory buildings electricity are connected already. Latest photo updates 6 hours ago. It seem SPMX factory could be ready for production probably in 2nd quarter.

Any idea when the factory will start commissioning and start shipping?

myinvestor

https://splash247.com/first-casualties-feared-in-red-sea-shipping-crisis-as-crew-abandon-missile-struck-bulker/
First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker.

Supermax setup factory in USA is step to right direction. In future Spmx will able diverge the shipments from North America to Europe customers despite the red sea shipping crisis..

Post removed.Why?

https://www.instagram.com/p/C20HnQSrsRD/?hl=en

https://www.peterboroughtoday.co.uk/news/people/peterboroughs-supermax-healthcare-gets-green-light-for-uk-and-european-headquarters-in-city-4500290

very good news...

👍
klee
Yesterday sharks used supermx mediocre qr to press down n flush off weak holders.Any sell off is a buy for glove sector.2024 will be the recovery yr.No one ever get rich by listening to IB's.

yes crisis is a blessing, every 3/4 years, enter and ride the wave, do this every cycle... :) always got chance...

Albukhary
Hahaha, yilonma, you are the one who nitpick.
We are old investor, more than 20 years in market, we have been watching Supermax grow since its IPO.
We see how it grow, how it overcome crisis, how it earn 3-4 billion a year, how it loss hundred million a year.

Yes, im also curious to know... some factory shut down for maintenance? etc?

Felix666888
Why revenue dropped so much 20% QoQ. Last quarter revenue is higher than this quarter with US custom ban situation. Is Supermax loosing the market share?

Dont really like the significant revenue drop, however looking at the bright side, even with 177m revenue, the cost of producing gloves and operation is so low... With higher revenue, profit margin will be good..

🤗
dompeilee
Shorties SQUASHed again...715,000 shrs short-ed @ $1.0315 avg📉

anytime this week lol... after thanksgiving celebration in US of course...

Felice, v shape recovery potentially can reach how high? 38.2% 50% retracement? or etc?

Felice888
To TG supporters, this 3 people UlarSawa, I3lurker and BobAxelrod just spreading fake negative news or fake negative facts of Topglov. They just jealous we making money here. I have shared V shape recovery facts here which is happening in Malaysia glove industry but these people just keep flagging my posts to red.

roger... fastened and ready to go :)

JusinKarl
Pls fasten u seat belt. Supermax price going to the moon

good news to hear tg supporters are back...

I looked at previous record, usually either tuesday or thursday... so either 23/11 today or next tuesday 28/11...

Felice888
Supermax QR out today?

need to show result first from USA plant..

kItower
I believe ah thai will bring 7106 to another level ... Big four 1 2 3 4 will reshuffle.

lol

Felice888
I loaded enough around 0.71 loh. On the day you betrayed TG.

no holding back, rm1 lai liao...

lol, hopefully abalon... :)

Felice888
Yalah now makan nasi or makan bubur got to see Supermax performance. If this QR good, hoseh hoseh Liao!

walau, until now also still so strong, really aiming for 1.07... QR will be out afternoon? price action is like rushing for something, like some kind of announcement etc...

Felice, i think tg will come but it needs the other two to 52 weeks first, then pple will fomo and generate the volume to cover the shorts...? my 2 3 cents

Super 52 week high - 1.07
Harta 52 week high - 2.71
TG 52 week high - 1.25 (this one will take some time)

now that kossan is 52 week high, one by one the next big 3 will also 52 week high soon...

wow, today also another 1.5% up...

maybe you should read the latest:-
https://comptroller.texas.gov/economy/local/ch313/agreement-docs-details.php?id=1619

all the agreement on tax abatement for the next 10 years of manufacturing in this FTA region...

https://www.houstonarchitecture.com/haif/topic/51338-maxter-healthcare-14559-cr-48/

Total for this venture is USD500million for all 8 buildings...
Phase 1 USD350million consist of probably 4 buildings - 1 X factory, 1 X office, 1 X distribution centre and 1 X maintenance workshop building. Phase 1 factory is only USD90million. subsequent factories could be less...

cooledhawk123654
built first phase of the plant is usd 350m , need phase 4 to completely buit the plant. Thus roughly estimate 4 x usd 350= usd 1400m. If this amt is correct, then it need to allocate a alot of capex for next few years...

https://www.arcomurray.com/maxter-manufacturing-construction-texas/
this one is new building...

fengfengfeng
nice one
https://www.arcomurray.com/project/supermax-healthcare/

true...

dompeilee
Quarterly loss is also good to allow those of us who have less than 30,000 shrs to average down further in preparation for the next big upswing, when the covid market distortions are ironed out & the 2010-2019 pattern resumes.

true

klee

Supermx has the highest reserves of Rm 2 bil plus of the big 4,meaning stanley is smart n did not go into unnecessary n marginal expansion,thus the probability of impairment is very small.Now this huge pile of cash will come in very handily.

if reach 1.30 and pullback, the pullback will form the right shoulder, it will then look like inverse head and shoulder formed... could be setting up for 2nd half 2024 run after this formation...

1.30 is about 2.60 before split... this price is pre-covid average, so it is entirely possible to arrive back there too when glove normalises... makes sense...

so laggard play then...

today Kossan good result, so price performance % is the best among top 4. However, superman been very close as well... is it effect of laggard play or today QR? but usually QR is end of month... strange

re: dompeilee, you will get rewarded.. :)

double positive to get it over RM1 first...

my guess for superman, 1) end of month positive QR... no need super duper like kossan, back in the black is more than enuff.... 2) 8 Dec AGM - virtual... Dato seri will livestream USA facility in the virtual meeting (maybe not since it will be night time in US)...? or there will be recorded video over the virtual AGM?

on track for USA production 2024... cool

finally maxter usa has some updates on google... the building pictures coming up nicely... :)
https://www.google.com/search?q=maxter+healthcare+inc&oq=maxter+healthcare+inc&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQLhhA0gEIMzM3OGowajmoAgCwAgA&sourceid=chrome&ie=UTF-8#lpg=cid:CgIgAQ%3D%3D,ik:CAoSLEFGMVFpcE9XWE1udUotajRqZDhlRDh2TlRGUWE2Si15UnUwcWtfMUs3TEhV

Thats very good news :)

myinvestor
Good news, Maxter resumes shipment to US this month Nov.

noticed also the AGM is also virtual... hmm...

notice of AGM... https://www.klsescreener.com/v2/announcements/view/5872027

1) No cash dividend announced
2) No share dividend announced
3) Waiver of Pre-emptive Rights pursuant to Section 85 of the Companies Act 2016 (dont know what is this?) .... from google explanation can be rights issue to existing shareholder or can be some major shareholder wants to offload shares but the existing shareholders has the first right to the offer... not sure which is which in this case...

tricky situation...

American Medical Manufacturers Association (AMMA)
https://drive.google.com/file/d/1d6A9-2zgC9517pjqatKRkBGogLWKDiyf/view?pli=1
lol, stanley also part of Made in America committee now...

Felixi, at 20+ cents nothing to lose for young fox...

Kossan spent money on old fox Vincent Tan company. Kossan still a young fox compare to old fox Vincent Tan.

whatever competitor sense lar, competition sense lar are all bullshits, Felixi human pyschology and fengshui sense is the best sense... 👍

Felix888
When one glove going up, the other glove also going up. Forget your business logic, this is share market human phycology is more important than business logic.

wow, good news...