1 person likes this.

23 comment(s). Last comment by Mini Bull 2020-12-17 22:13

calvintaneng

56,701 posts

Posted by calvintaneng > 2020-12-16 09:51 | Report Abuse

Kossan now the best

Rank like this

Kossan
Supermax
Topglove
Harta

calvintaneng

56,701 posts

Posted by calvintaneng > 2020-12-16 09:54 | Report Abuse

These are the pertinent points

1. Topglove is the biggest . All embracing

2. Supermax is fastest in sales
capturing market value

3. Harta make use of all it has to maximize value

4. Kossan goes for quality and consistency
The slowest among all
But the last comes first

So Calvin picks Kossan

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-12-16 10:18 | Report Abuse

since having lots of supermax shares promote gila gila...beware

stockraider

31,556 posts

Posted by stockraider > 2020-12-16 11:04 | Report Abuse

THIS IS A VERY GOOD OPPORTUNITY FOR U TO SELL YOUR GLOVES & SWITCH TO INSAS BEFORE TOO LATE LOH....!!

Posted by stockraider > Dec 16, 2020 10:54 AM | Report Abuse X

SHARP ADVANCEMENT IN INSAS SHARE PRICE COMING LOH...!!

Raider says let be practical mah...!!

If OCBC mark to market losses at SGD 8.42 as at 30-9-2020, now as at 16 December 2020 SGD 10.19, there will be a big write back of a few million back to the profit coming 31-12 2020 mah...!!

In other words Raider see a potential write back of more than rm 30m in the 2nd qtr 31-12-2020, that will basically improve the investment division profit mah...!!

This together with sengenic disposal, Insas will report more than Rm 70 million profit in December qtr loh....!!

Very sharep improvement in insas share price coming loh...!!

Sslee The investment holding & trading segment suffered a pre-tax loss of RM49.2 million due to unrealised mark to market losses of financial assets at fair value through profit or loss and derivative financial instruments (FY 2019: pre-tax profit of RM1.5 million)

Singapore OCBC price: 28/6/2019 Sing dollar 11.40
30/6/2020: Sing dollar 9.00
30/9/2020: Sing dollar 8.42
Now Sing dollar 10+. On 31/12/2020 with window dressing most likely will be close to 11.

stockraider

31,556 posts

Posted by stockraider > 2020-12-16 11:11 | Report Abuse

THIS IS AN EARLY INDICATION OF FUTURE IN ESCAPEABLE BAD TIME IS COMING FOR GLOVES LOH....!!

JP Morgan analysts believed that “the extraordinary phase of the industry cycle is over” and that the glove manufacturers’ increase in production capacity, which will reach nearly 90% in the next three to five years, will be reflected in the hiccups

– Of course, the increase in production capacity in the world is a fact and we are working on it ourselves. However, it is difficult to say when falling demand will overlap with growing supply. It is estimated that this will happen in mid-2022. However, we believe that we will be immune to this as we will mainly be making specialty gloves that are subject to slightly different rules. We will of course be able to produce mainstream gloves if it pays off – says Wiesław Żyznowski.

ooi8888

1,650 posts

Posted by ooi8888 > 2020-12-16 11:24 | Report Abuse

you go to jiak sai with JP Morgan and Macquarie Bank

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-12-16 13:21 | Report Abuse

Uncle, if you believe so much in Smax potential, this selldown is a great opportunity for you to load up more, the trade of year for you, can relax next year .
Please buy some more, huat ahhhh.....

gladiator

681 posts

Posted by gladiator > 2020-12-16 15:14 | Report Abuse

Uncle not so stupid la...He pretend don't know why only.

Sslee

6,894 posts

Posted by Sslee > 2020-12-16 15:28 | Report Abuse

NP margin before covod-19 less than 10%.
So post covid what will be the NP margin?

Sslee

6,894 posts

Posted by Sslee > 2020-12-16 15:51 | Report Abuse

Supermx
Ann date: Quarter: Revenue: PDT; NP; NP to SH: NP margin
27-Oct-2020 30-Sep-2020 1,352,537 1,049,242 812,485 789,516 60.07%
10-Aug-2020 30-Jun-2020 929,124 519,007 408,270 399,618 43.94%
20-May-2020 31-Mar-2020 447,247 95,277 72,349 71,056 16.18%
25-Feb-2020 31-Dec-2019 385,497 41,829 30,022 30,165 7.79%

So next quarter NP margin 60-100%????

Goldberg

2,916 posts

Posted by Goldberg > 2020-12-16 17:54 | Report Abuse

Supermax won’t be the same post covid era. ASP may normalised, but I can guarantee it won’t go back to pre-covid era, share price won’t go back to pre-covid era neither.

By then they would’ve accumulated enough cash earnings to:

1.) diversify into other healthcare businesses.
2.) further expand their plants and equipments both locally and in UK.
3.) automate their glove manufacturing to compensate normalisation of ASP.
4.) earned the reputation to transform the now new customers into regular customers (new recurring earnings).
5.) higher dividend to distribute to shareholders.
6.) massive structural shift in the demand and usage of gloves post covid.
7.) Covid will be around for a long time despite the rollout of vaccines.

Supermax - A super stock worth accumulating.

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-12-16 18:18 | Report Abuse

The great sifu KYY.Please I agree the chart must have upward or hooking up then buy especially weekly chart.Daily usually will impact less but weekly impact the most.Stoch RSI weekly hooking up 2 consecutive weeks look safe(5-10 trading days) after major down trend or medium.Experience will taught one self.

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-12-16 18:19 | Report Abuse

SSLee is here.

Sslee

6,894 posts

Posted by Sslee > 2020-12-16 20:36 | Report Abuse

Haha I took over charlesT and Beary place as KYY critic number one.

kl2318

42 posts

Posted by kl2318 > 2020-12-16 23:22 | Report Abuse

Forget all TA and FA, KYY should have held on Supermax since 2009. Position would be worth north of RM500 M today.

newkid

966 posts

Posted by newkid > 2020-12-17 00:07 | Report Abuse

Talking rubbish , first said put ALL his money to buy and shock to see it plunged 80 sen on Monday. Follow by if it will go up next few days then he WILL buy aggressively ???
If he already put ALL his money in Supermax , how he is going to buy aggressively again unless borrow from bank . He will only buy IF Supermax go up for few days , that mean above rm8 !!!!!!
This more look like ask you guys to buys once above 8 so he can take sell !!!!!!!!!!!

Sslee

6,894 posts

Posted by Sslee > 2020-12-17 00:10 | Report Abuse

Haha now newkid also know how to read between the lines.

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-17 10:20 | Report Abuse

seem uncle koon will con by IB

Posted by Qiinvestor > 2020-12-17 18:43 | Report Abuse

Where was his 'golden' rule when he bought AT?

Sales

3,272 posts

Posted by Sales > 2020-12-17 19:22 | Report Abuse

Stockraider, insas cannot fight with glove. They offer 0.2sen dividend only. No fight.

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-12-17 20:07 | Report Abuse

Buy when the trend is up,weekly and monthly.Experience will tell especially hooking up (weekly).How there play it depend in experience.

SS Lee please bought some HSBC Hong Kong listing hkd 41-hkd 42.

speakup

27,069 posts

Posted by speakup > 2020-12-17 20:36 | Report Abuse

heard OTB buy hengyuan

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-17 22:13 | Report Abuse

ha9, buy or bye ?

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