rchi, super mom also soon to test 3.2....

from now onwards, dato seri will be able to tell true things... a new beginning for the company... and a new business model for its new venture... https://www.prnewswire.com/news-releases/a-healthy-lifestyle-calls-for-healthy-contacts-300645035.html welcome back... it will be game changer in US...

i bet you already collected enough...

harta topglov green in a sea of red...

and also, glove counters waiting for Harta to announce results, which is expected to be good... it should lift most of the glove counters... previous years announcement is 9 May, 3 May or 5 May... so should be soon...

like :)

wah u rchi good ler... simple analysis... but true... gst pissed off many pple

so is it also the reason fgv also no fuel to up b4 ge?

the one he apologised to, got big chance to win the ge?

but looks like Maybank will pull the index up this time

true also... but getting too near to ge14 next wed already...

re:rchi, today 3.20 can?

meanwhile, like exxonmobil, the earnings is grow 8X.... expect supermax to report good earnings from its US subsidiary

here's the tax cut impact on US corporations - tax cut reduced, profit in double digit growth. http://fortune.com/2018/04/17/jp-morgan-bank-america-record-profits-tax-cuts/

Get ready for the explosive moves upward... topglove harta and kossan money will come here... they already earned enough there... nothing much to play already... each will contribute 1 b market cap to supermax... which means supermax will worth 5b market cap soon

they can announce too when they reach RM10...

re: pang... your target same as me... but me adjusting 8 to 10 for 2019... maybe then it is worth PE 30 to reach RM10...

2 things need analysis:- first is the investment in contact lens about RM70 to RM100mil, next is the plant upgrade about RM300m to higher efficiency lines. If they managed to sell most of the contact lens as their own brand compared to OEM lens, then it is forecasted RM70mil earnings per year. For gloves, it's a bit different. The RM300m program maybe effect is a 10 to 15% return (else no point of doing the upgrade), so min RM30m per year. Combine both 70+30m per year = 100m per year or RM25m per quarter, add that up to RM43mil (last quarter normalised profit at 24% tax), we are looking at RM68mil profit per quarter. Then again, likely we see only gloves contribution this year, contact lens will be FY19... as contact lens is mostly seed stock at distribution centres and they will probably be parked at receivables... actual contribution should be FY19... so if gloves maybe we are looking at net profit RM51 mil (7.5 cents EPS)?

re: Pang, no need PE 30... if we normalise their tax to say 24%, instead of 30+%... they would have actually have EPS 6.3 cents, times 4 quarters = 25.2 cents, with PE = 25 conservatively, it is worth 6.30... I still think their potential EPS is about 8 to 10 cents when all contact lens earnings factored in by next year and no more incure on additional certification expenses... that will be 32 cents per year which is a potential RM8... not even including expansion in contact lens from 2020 onwards.... that will be another growth cycle...

Dato mentioned next chairman is professional... so it's good news... staying neutral

even if chairman is apolitical also helps... not necessarily BN... as it will tell investors the company is not any political linked...

first stop... still got 10 more stops ler...

first stop after this, 3.60

Even if break new high also dont sell... Already sleeping many years... Now got chance to wake up...

too many catalyst to help to up - new chairman announced, no jail term only fined, QR report new high, contact lens new approval in china and japan, analyst rerate again after apolitical (no politics leaning), high efficiency plant upgrade complete by FY2018 etc...

aiyo... need come out celebrate also mah... don't just stay at home...

we go high tea many rounds after it reach 5... ok, it has so much to catch up... all the lost years...


KillBuffett fly late...maybe becuase of short selling,,,otherwise we all can go high tea before lunch break.
18/04/2018 16:43

kasi pecah 2.80 today....

this time with the effect of US income tax rate reduction from 35% to 21%, this counter will sure benefit from the tax rate... so will show a good quarterly results... and it will last many quarters...

superman 5 years already no chance to erect... this time erect kow kow...

this is informative... :)

Posted by connie > Apr 17, 2018 11:54 AM | Report Abuse

not bad .. he explained in details checklist to trade cw !!

http://www.pelhamblueassetmanagement.com/search/label/Call%20Warrant

https://klse.i3investor.com/blogs/kianweiaritcles/153547.jsp this is the news... Xi plays down fear global trade war... so all global stocks will start new bull cycle after correction... gloves, semicond... etc

very soon this will be at 3...

lai liao lai liao... today should be t+7

rchi, yes, i also keep buying more hrc... 2 more cw going to expire this month and then no more cw until june... it will be a wild april and may move...

re:sctan, whether pakatan or bn, before election this stock will already be 3.2... if bn, then it probably needs another news catalyst to climb over 3.2 and form ath... mostly controlled by US fund managers... very little local fund to manipulate

3.2, here i come...

Invest28... My recognition of piercing pattern is very poor. Any website to link me to this definition and explanation?

Depends... T+xx is just a term used... Not necessarily always true and obvious... But can see that the t on the big candle is high volume and next day is low vol... So it should be doing t+etc.. Until contra players all out, the rest of the pple who are long and not sell will enjoy the uptrend again...

T is trading day... Means the green big candle.. Then the next 1 day is + 1 so on...

today t+2 only... need t+3 tomorrow only start move... :).. topglove results gave greenlight for glove stocks... it's just a matter of time for each of the stock to perform themselves...

ok, looks like a reasonable target for me too.. previously it failed to breach 7... strong resistance there...

re: rchi, what's target for UMW? 6.70 mother or 7 mother this time? your thoughts?

beating topglove is not possible, but catch up maybe... from last time, topglove has been 50X return, supermax is 25X (half, due to topglove's better execution)... so looking at market cap, topglove 12b, maybe supermax need to close the gap to 6b. at 6b, that will price it at RM8.8... that will mean they need to make 0.42 eps for whole year or almost 0.10 eps per quarter at current PE 21... so really need to see what they are capable of making in the next quarters... but first step is 3.2/3.3 first.

this time sure break ath...

re: rchi, welcome to supermax... finally you agree on this counter... although pretty has always been promoting it since ages...

4 or 5 call warrants on HY to expire this month, April onwards will be super bull charge...

re: rchi, so fast sell CH...

re: Milktea, now all so bullish, you putting Put? What put u doing?

pretty, supermax will come back too...