Announce qr on last day before long holidays maybe to let us digest the details of good earnings... Etc..

The qr can delay till tomorrow also no issue.. Bonus issue announcement will cushion any further sell down....

SINCERELY GOOD NEWS...

after the fire incident, not so sure anymore... haha.. maybe will push to tomorrow? but vol high today may suggest the QR may not be as good or etc...

or maybe QR report talk about the fire incident and the possible impact in the coming quarters...

ringgit strengthening?

one thing for sure is the technology and comfort offered by Aveo is really good...

re: kk, yes agree with south korea, this Sept 2/3 will have nationwide Aveo contact lens sales... i'm really amazed at how fast the korean do the marketing and distribution even to universities... Korean contact lens prices are not cheap... but they seem to have no issue paying more than RM200 per month for it... for Japan, Aveo brand will take some time, still yet to launch... the other lenses offered by Aime are from legacies... so practically not much sales coming from Japan yet...

will be good if they tell for contact lens venture how many percent go to OEM and how many percent to own brand... and when is the next expansion phase...

re: Fiona, how you know its minimal damage?

RM55mil pre tax profit = RM41mil after tax profit @ 24%... :)

i wish to see RM45mil net profit and above...

they test first... burn small one to get to RM7, and if successful later will burn bigger to get RM70...

next phase of uptrend...

Still waiting qr

yes QR do or die also must be this week...

wow, first time I see burn gloves for offerings...

pple use road side to burn but someone use inside factory to burn...

stick with 80/20 or 20/80 rule.. if 4.20 survive... 4.80 will come...

small factory

Trading in the above securities will resume with effect from 10.07 a.m., Monday, 27 August 2018.

https://twitter.com/chewmeiling/status/1033013719712681984

OTHERS Statement by Supermax Corporation Berhad ("Supermax" or the "Company") - Fire incident
SUPERMAX CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description

Statement by Supermax Corporation Berhad ("Supermax" or the "Company") - Fire incident

We wish to inform that a fire had occured at our smallest factory in the evening of 24 August 2018. There were no casualties and we wish to thank the Fire Department for their quick response in bringing the fire under control.

The cause of the fire is unknown at this moment. The Company shall restore back the production as soon as possible.

fuyoh, the the whole morning transacted 100k shares and stopped there... no movement at all... bid and ask spread is so big...

Kudos goodboy33...

the main HQ has a 5 acre land plant, will have refurbished lines for better efficiency... good panic selling... the bankers always don't have enough chips to push further.. its time to collect more chips... from those who throw and launch the attack...

Sg Buloh has got 2 plants... the bigger one is unaffected and its the headquarter not this one... this smaller one is warehouse and some offices... and later will refurbish to multi storey contact lens manufacturing..

Thumbs up

Pang, get ready more cash on monday to buy...

Klang is the major factory. Producing most of the supplies... This one is the smaller one intended to be refurbished for contact lens in future

Its the warehouse... Not the main factory

Re:engineering, live to hear from u always... In each of the stock u commenting, sure bring some good positive surprises...

any announcement?

lol, it says for investors they ask to look at their cash, instead of profit... haha

"The current business mix is about 55% in USD and 30% in Euro foreign currencies and the rest in Thai Baht and Ringgit as well. So the strength of the USD will bear strongly on the Group’s fortune being an exporter.
For investors, we advise to pay more attention to the Cashflow Statements of the Group for cash the most important element in business as well as in investment. The loans are not too high at a manageable and comforting level of RM20.0million."

.

re: Lukesharewalker, what do you mean by product distribution? are they involved in the manufacturing of the components?

i think they acquired an Australian silver mining company... but that decision really had me asking why they do that during that time...

Charles, how about the silver mining venture few years ago, and had to do impairment writedown...

agree Charles, very sneaky boss indeed...

since they already hint cost will come down, that means this will rally for 3 to 6 months... minimum...

volume building up nicely.... kasi dia pecah 0.8... even if it's earnings is 8mil, which is 3 cents EPS, 4 quarters mean 12 cents EPS... PE 20 for tech firm is still RM 2.4.... at this valuation still very cheap

with this result mother share 2.40 also still cheap... Rm3 above coming...

who cares... as long as they start give more dividend and make it every quarter... and later give bonus issue...

don't know... they like Friday... next week Friday is Merdeka day, a bit too late...

lai liao lai liao... volume starts to kick in...

but definitely not difficult at all to beat last year's RM8 million net profit... yoy will be good...

wah SamOscar, you so confident result out today and will be good... got insider news?

next target 4.54... eventually building momentum to break new high... with possibly QR?

maybe superman result this QR can propel all of them up even further...

not fake... topglove, harta kossan also moving... hinting a move upwards... it's the whole sector will move... think it's related to USD strength.... the bankers know what is in the currency play now...

good closing.... at least claim back 4.23 level...