Posted by sutp > 2022-03-04 08:52 | Report Abuse

Your analysis is quite compelling. But what if the analysts are wrong and Supermax goes into the red like Careplus and other glove companies?

Posted by chkhooju > 2022-03-04 08:55 | Report Abuse

Yes, the possibility is there. It is written on the wall.

Posted by sutp > 2022-03-04 08:59 | Report Abuse

Supermax has committed RM1.39 billion for new plants in Malaysia and USD350 million in the US. That's almost RM3 billion. So the company's cash is gone. These plants may not operate at full capacity because of the oversupply situaton and the additional overheads will further depress Supermax's earnings.

Posted by chkhooju > 2022-03-04 09:01 | Report Abuse

You are spot on.

Posted by AdCool > 2022-03-04 16:35 | Report Abuse

US investment is fishy. Anytime can cancel and declare dividends.

Posted by New_Investor92 > 2022-03-21 15:25 | Report Abuse

I wonder whether the company does the market research whether the drop of ASP and supply would drop eventually.

Besides, they should focus rewarding the shareholder to ensure they hold firmly during the downs time.

I just feel bursa stocks are quite selfish in term of rewarding the shareholder and their focus is "own pocket" only.

Eventually, everyone is here to goreng only. It means Bursa is not meant for long term and becoming for active trader.