The reason why Supermax can make more EPS in every quarter than any of its peers is because it has its own brand and sale outlets in many cities in US and in many other countries around the world. Smaller glove makers cannot sell their glove at higher price than Supermax because they have to sell their gloves through agents or middle men.
To be very safe and sure of making money, I assume the company does not increase its selling price for the whole financial year.
Its annual EPS will be 4 X 30.58 sen = Rm 1.22
To be very safe and easily achievable I based on PE 10, my target price will be Rm 12.20.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DreamCommander
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Posted by DreamCommander > 2021-01-10 21:18 | Report Abuse
Probably scaremongering but worded as "I'm worried ..."