http://www.bursamalaysia.com/market/listed-companies/company-announcements/5221801
manufacturing plant in SG soon....

re: Skyrocket, this is for you... if you scroll down to examination glove and the price ranking, supermax bulk prices for NHS is very competitive... in fact, they should be able to win a lot of orders for the hospitals, since they have too good pricing to offer due to their increased capacity and better efficiency. https://www.supplychain.nhs.uk/savings/price-ranking/

They are shortlisted for the 2016 supplier award by North West NHS
http://www.nwprocurement.co.uk/eisfinalists.php
not bad considering after entering UK since last year....

results out:- Q4 net profit 7.8 mil, compared to last year - improve of 40+ mil.... last year quarter is -41mil... good turnaround...

superstrong... together huat... :)

-40 mil FY16.... +10mil Q4 2016.... still a good turnaround...

from 2009 onwards, full year also hard to get RM40mil profit... how to get in 1 quarter?? looks like +10mil profit is possible based on QOQ.... so here's the total = Q1 = -37.2m, Q2 = -22.8m, Q3 = +10m, Q4 likely is +10m, so whole year is -40mil.... so YOY is up but QOQ is flat... so can consider small turnaround... if we give PE = 10, then EPS of 1.5cents * 4 = 6cents next year, maybe 50 to 60cents hanging around there...

fuyoh... big challenge... !!

u sure? Where to buy their gloves locally?

when is the annual audited account and annual report will be out? Anybody know?

may i know what is the benefit of the MOU? is it due to duty rebar import duty, then it's better for foreign to take a stake in local steel manufacturing? So join equity in ESSB to participate in steel growth? mind explain a bit?

OEM website:- supervision.com.my OBM brand:- aveovision.com wish them all the luck... future diversified medical devices company... like johnson & johnson...

merck, another one https://trademarks.justia.com/864/50/supermax-86450072.html
maybe this is the OEM brand... still not approve for use yet, but deadline next Jan 2017...

their HK one is small, building and warehouse in one of the unit in a tower, doubt they can store so many things there... only contact lenses... think their strategy is when they have sales and cashflow then only build a warehouse in china in the future? right now, think they will push their product to brazil first... Korea and china is next when they get the registration product... for UK maybe also, but US maybe they will build a manufacturing plant there... since they have land there...

actually they are just only hiring, so it will take some time to market to china.... think gloves is difficult, since without capacity, nothing to talk, but contact lens, is possible, they need to get that registration done...

One more thing, do you know their Sg Buloh 5 acres of land plant can potentially produce how many pieces of lenses? 3 and half lines is 40million per year, they stated they will have 70mil by end of year, so that will be 5 lines... think the plant can easily have 140mil pieces...

actually they also submitted to china CFDA, but class 3 under CFDA will take some time... bcoz i also invest in biotech in US, so the knowledge on CFDA class 3 may take upto 9 months... of course, we don't know when they start submitting to China...

the site I gave on contact lens info is here:- CLASSE : II 80011999001
8024 - EQUIPAMENTO - Cadastro de Equipamento para Saúde Importado
SUPERMAX BRASIL IMPORTADORA S/A 8.01058-4
Lentes de Contato 25351.122584/2016-51
LENTE DE CONTATO GELATINOSA ASPHERIC AVEO
FABRICANTE : SUPERVISION OPTIMAX SDN BHD - MALÁSIA
Lentes de contato de descarte diário, bimensal e mensal, disponibilizadas sob as seguintes formas de apresentação: Embalagem primária contendo uma lente de contato em cada blister. Embalagens secundárias: a) Lentes de contato de uso diário: 30 unidades, b) Lentes de contato de uso bimensal: 6 unidades e c) Lentes de contato de uso mensal: 6 unidades.Lentes de contato de descarte diário, bimensal e mensal, disponibilizadas sob as seguintes formas de apresentação: Embalagem primária contendo uma lente de contato em cada blister. Embalagens secundárias: a) Lentes de contato de uso diário: 30 unidades, b) Lentes de contato de uso bimensal: 6 unidades e c) Lentes de contato de uso mensal: 6 unidades

u need to use google translate...

re: Merck, shortage of resources? mean short of labour? actually i think it's time to upgrade their kamunting plant... it's only 2 b that occupies almost 5 acres of land... they should be doing 5 to 7b gloves with 5 acres of land... so the upgrade is timely... their neighbour Eco Medi glove already doing 5b and above with the same plot of land area...

Re: Merck, no point to fight with others, it will waste your time... for contact lens, you are right, they already have the registration product certification in brazil, should launch very soon, here's the brazil medical registration record https://www.jusbrasil.com.br/diarios/120806760/dou-suplemento-secao-1-18-07-2016-pg-52 done in July... so they are good to go... when you say 2-3 months only start plant 10-11, meaning, we shouldn't see capacity increase for this quarter? only end of year? so likely money coming in in Feb 2017 quarter?

re: Imck, why do you think after steel play will come to gloves? purely on currency?

anybody know if they have started building new plant in Kapar road? heard some groundwork already started... can confirm?

re: Smartly, waiting for your catalyst listing...

finally first brand of contact lens already out... http://aveovision.com/

merck, do you know if they still maintain 55:45 ratio on nitrile:latex or after automation more nitrile?

contact lens launch
dubai exhibition
http://www.vision-x.ae/exhibitors/supervision-optimax-sdn-bhd
japan ioft
https://oct2016.tems-system.com/exhiSearch/IOFT/eng/Details?id=eNRKzDTU%2BWw%3D&type=2
china optics fair
http://www.ciof.cn/eng/fairinfo.php?p=4

where is the news on klang automation?

Icon, for your info... new business website launched... they are ready to launch a new product... http://www.supervision.com.my/

Hi Icon, thanks for sharing... wish to ask about an accounting item in its quarterly report... noticed that its trade receivables and trade payables increase substantially... what usually means? it increases against QOQ and YOY... here's the YOY data:- Trade receivables 340,545 182,101 Trade payables 180,110 74,876 hope you can shed some light on this... many thx

Trade receivables 340,545 (2016) 182,101 (2015)
Trade payables 180,110 (2016) 74,876 (2015)

why the trade receivables and trade payables increased so much this quarter?

supermax main website down...

Kai, 2.40 to 2.50, c3 and c4 can explode to how much?

Kai, see email...

kai, many thanks... :)

my email tony.naruno@gmail.com thx kai

Kai, you haven't emailed me

agree with Kai.... Harta's growth has slowed... margin drop, high cost in NGC start up, competitive pricing, that's why need to pump new capcities to maintain growth... still like supermax for long term... when contact lens earnings start showing, its profit easily match harta without the big revenue... do less for more... and supermax business model is better, it owns its own distribution centre, its own branding... etc... and most importantly, debt is denominated mainly Ringgit.... easily scale to different product selling in its own distribution centre worldwide... it is a worldwide trading house already...

kai: send me please tony.naruno@gmail.com thx...

kai, can send to me also? tony.naruno@gmail.com

lol

kai89: what you are saying is we won't see 3.49 again right? successfully decouple from ringgit?

Kai said mid April only look at it again...

Kai, may i know if you also analyse us dollar ringgit? Do you think the strength of ringgit to continue beyond April? many thanks...

hi, may i know who is the reporter? thx...

re: AhBeng Beng, agree with you... Saudi will make sure they make most of their competitions bankcrupt first... a forex guy helped me to do a simulation, found USD41 oil price is a massive resistance... 3 targets this year on the low - USD25, USD20 or USD16 by this summer...

re: mming05, may i know what is the full name for kchart indicator? Any software can see that? How one can know if big shark has been losing or their average cost using Kchart? for 2x and 3x, you mean their loss difference times 2 or 3? thx

re: Kai, the end of year RM8 by analyst, is it based solely on supermax glove business, or inclusive of contact lens as well? or the prospect of contact lens business?

re: Alphajack, after 2.50, any chance to go higher or will consolidate at that price first? thx...

One of the item Najib touched base for budget 2016 revision is 1) find ways to increase revenue with discussion with IRB 2) how to get more dividends from GLC etc... among others, the way I see is for item 1) introduce CSTM, 2) maybe absorb MYEG as GLC and reap profit / dividend back to government... just thinking aloud the many possibilities for value enhancement....