Think this will also have some benefits to Johor as Dyson has production facilities in Johor. Dont think 100% production in Singapore. Singapore has the advantage in technology marketing and expertise but Johor base got advantage in cost.... This should combine benefit to both Johor and Singapore side.

If break 1.68, next will be 1.72 ….. see today can break or not

Maybe tomorrow have a good start... Tried some luck

wiki, well noted, did not study on this, thanks for your info and guidance.

Yup, 8% will be more meaningful, haha …. you are right ….

wiki only noted …. now inflation rate is about 2%, maybe above 2%, let's say 2.5% will have pension fund in good safe.

Thanks for highlight this.

** not** sure at what rate for existing rate (did not got to search for detail)

Let's talk about USA interest rate

now is about 1.75%-2.00% in between, but sure at what rate …

But the interest rate will be like following:
2018: 2.00% + 0.25% (expecting in Sep-Oct'18)= 2.25%
2019: 2 times increase 2.25% + 0.25% + 0.25% + 0.25% = 3.00%
2020: 2 times increase 3.00% + 0.25% + 0.25% = 3.5%

This should not be in faster pace as Trump will force the Federal Reserve to slow down the hike frequency as to boost the economy spending and company expansion ….

For Supermax, think in 2019, there will have some contribution from contact lens and also there is tax refund …

Federal reserve has a target for rate to hike to maximum about 3.4%-3.5%, anyway the borrowing rate is still cheaper than local borrowing rate ….

To me, if contact lens do generate a good revenue and the expansion in glove facilities do pay well, the borrowings should be reduced within 5 years term ….

3.29 well defended at Friday closing ….. uptrend still remain intact …. next week Supermax should shine among the others ...

don't know what price will close …. but thinking will break 1.10 soon

wiki nice TP and good vision …..

Today think might go higher level to 3.40++

duit sifu, I come here to follow u mah …. today not buying only closed position …. agreed with duit sifu, still have some more room to up … today only ask PH and what H to buy …. timing not yet ask …. haha

Duit sifu, good luck to you.

think only Tuesday is PH ….

it is ok naga … just worry about time decay …. don't know HSI future closed 2 days or 1 day ….

Mickey mouse sifu and naga sifu, can ask u next week Monday and Tuesday is Public Holiday or only Tuesday one day ?

Mickey mouse thanks .... see how maybe buy at afternoon time .... switch fund to steel stock already ...

Just wanna to ask if buy put ... which one is better ...

Brought ssteel today at 1.39 and also 1.41 .... should have good rebound soon ....

But walao e ... now 0.565 celaka haha

Sold hsi c3t at 0.55 .... brought yesterday at 0.51 .... locked in profit first ...

Wiki .... so 1 million increase per qtr for finance cost compared to 57 million PBT .... the impact is big or minimum ?

Tomorrow got time will write down qtr finance cost and the how the 5% increase in USD will increase the finance cost... Frankly speaking very little impact

Short term borrowing should be backed up by billings to customers in terms of trust receipts or bankers acceptance. This is one to one payment. USD Receipts from trade debtors paid to USD borrowings...

Finance cost.... you can refer to qtr result finance cost.. Even a 5% increase in USD dollars.... The impact to profit and loss is very minimum.... If got time i calculate for you. Besides USD borrowing rate is lower compared to our local bank rate which is about 1.5% to 3% in between.... If not wrong...

Maybe within 1 month got announcement on ex date.... More importantly tomorrow will rise towards 3.50.

Mark my word, 100% accuracy.... Sound familiar right.... When 3.50 comes you will know who is the supersorhai....

wiki ok no problem ….

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should break 1.10 before 4.30 pm ….. agak agak ….

wiki bro, thanks for sharing.

look like 1.10 going to break ….

hibiscus geng ….. TP 1.50 kah ?

wiki have calculated the TP for ex-bonus …. this is what I expected the price for bonus and after split the price I had stated in previous message …

Global demand of gloves are increasing and due to stringent requirement in USA hospital and medical rules, USA and China trade war, US dollars strengthen, this will push the gloves revenue.

For contact lens part, this is temporary not good for Supermax due to spending marketing expenses where revenue is not yet generated …. but once revenue and margin for contact lens is come, then you will see more meaningful profit margin and revenue might be double.

ok naga no problem …

yup bought some …. poh nasib …. any advice C or H ?

naga what does mhp mean ? didn't come in this thread these few days, now so hot liao ….

should have strong support around 3.25 to 3.26 level …. today might close at 3.33 to 3.36 area …. then next resistance level is around 3.50 to 3.60 level ….. maybe tomorrow will rise towards 3.50 level ..... my personal thinking …. if you don't agree, go to bark your neighbor ….

Tomorrow when price start uptrend... You will see supersohai dog hide behind us and keep quiet.... Already given this sohai 2 chance to non stop barking when shares down....

We should have our peaceful days ahead

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today might be above or at least 3.20 … then tomorrow will test 3.30 …

immediate TP is 3.50 …. then wait for bonus issue next month see how high it can reach

Think following 2 things will benefit Supermx... This good new may come with bonus announcement nwxt month.

1. No matter how is the % on the 200 billion goods and 267 billion goods... The rise in tariff on glove products import from China to USA will boost demand from Malaysia glove products and change from vinyl to rubber glove products and think next qtr glove price will be adjusted up

2. Think there might have refund from govt to Supermx on GST tax receivable and income tax receivable. Maybe in batches.

Today may test to break 3.20 and might at least stand at 3.18 level. If can close at 3.20 then is bonus. This one just my personal view. Might be wrong. If u not agree... Just ignore.

For USA 10% tariff this is just Trump plan ready to go action on 200 billion goods on electrical items. Wiki, u can refer to bloomberg recent new. Think HSI - HQ thread got people sharing the link. But i think ended up there should have good meeting between China and USA, so the tariff may be even lower and superceded some by more export to China. Think there will have a trade talk in end of Oct or Nov before election. Just agak agak.

As what i expected the usa tariff on 200 billions goods from China is 10% instead of 25%.... This is good for the market and all the parties involved and this will not further trigger WTO to investigate unfair trade practice.... If have time will further discuss on this.

Wiki123... I expecting the bonus announcement date is 29/10/2018 as think bursa normally take 2 month or lesser fo bonus announcement and approval. Can refer to other companies think their standard processing time is 2 months or lesser.... The ex date will be within 2 weeks time after announcement.

Just a rough estimation. Think more or less is around there.

Today just write something on Supermax (forgot about the share price whether the banker is dragging down the price for collection mode or whether the price is being hold for next push)

Dividend - 3 cent dividend expecting ex-date is on 28/11/2018, payment date 1st week of Dec 2018
Bonus 1:1 - expecting ex-date is 10/11/2018, bonus credited into account date is within 1 week

Summarize:
Bonus ex-date: 10/11/18 (announcement date maybe around 28/10)
Divided ex-date: 28/11/18

If bonus announcement date is around 28/10/2018, October should be upward month for Supermax, so after ex-date, Supermx might see the price adjusted around 1.90-2.00.

But it depend on you whether to hold for bonus issue or till November month.

Second thing, let's talk about USD strengthen.

Revenue - think about 90% trade in USD dollars.
Borrowings - in USD dollars

Movement in borrowings is only translate in unrealized loss which only impact in comprehensive profit or loss, doesn't include in bottomline. For finance cost payment, the impact is very minimum. To calculate yourself, the impact is very little impact at bottomline.

Today is Friday and next Monday is PH …… today some of the shares up in the morning and down in afternoon …. Supermax still not move yet …… see how is the movement next week ….. the day will come ...

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petronm, time to buy …..

positive market sentiment is slowly return back and this may proceed further to Nov'18

now need to wait volume and RSI to climb back ….. I try to release some capital …. when time comes, might be to ride on the train (add on) …. wait this signal comes, should be not far away ….

Today still have some force selling for T+4 one ….

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