Yes, we are thankful to shorties too, dompeilee. They have made the path more interesting and alerted those that are still in the slumber. Btw, have you increased the 30k lots holding? I think most of us have.
Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025 TARGET PRICE : RM2.50
Here are 10 main reasons why Supermax Corporation Berhad's share price may surge in 2025:
1. US Manufacturing Facility Commencement Supermax's new manufacturing plant in the US is expected to begin operations in early 2025. With an initial production capacity of 2.4 billion gloves annually, it reduces dependency on exports and taps directly into the largest glove market. Full capacity is projected at 19.2 billion gloves.
2. Higher US Import Tariffs on Chinese Gloves The US has imposed increasing tariffs on Chinese gloves:
50% in 2025
100% in 2026 This opens a massive opportunity for Malaysian glove producers like Supermax, as buyers seek alternative suppliers.
3. Improved Average Selling Prices (ASPs) Global glove ASP trends are showing signs of recovery, forecasted to rise to US$21–US$22 per 1,000 pieces by late 2024 and 2025 due to increasing demand and rising costs.
4. Rebounding Global Demand for Gloves The demand for gloves is projected to grow 8%–10% annually due to increasing hygiene awareness post-pandemic, rising healthcare spending, and infection control measures worldwide.
5. Weaker Malaysian Ringgit (Currency Advantage) A weaker MYR against the USD benefits Supermax as exports generate foreign currency, boosting profitability and revenues.
6. Diversification into Developed Markets Supermax’s expansion into Europe and North America mitigates risks associated with oversupply in Asian markets. The US plant reinforces direct relationships with customers.
7. Strong Balance Sheet and Cash Reserves Supermax maintains a strong cash position that allows it to fund expansion, manage costs, and distribute dividends if necessary, improving investor confidence.
8. Glove Sector Recovery from Overcapacity The global glove industry has faced overcapacity, but consolidation among competitors and steady demand growth are driving sector normalization, supporting higher ASPs and revenues.
9. Strategic Focus on ESG (Environmental, Social, and Governance) Supermax’s focus on sustainable practices, including energy-efficient production and ethical labor compliance, attracts long-term institutional investors prioritizing ESG-compliant companies.
10. Improved Sentiment for Malaysian Glove Stocks Malaysian glove stocks, including Supermax, are benefiting from renewed investor interest, driven by:
Yesterday maybank called for profit taking on gloves which led to the pull backs of glove sector.Today glove have stabilized.I guess too many ppl loaded lorries of mibb cw's.
Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025 *TARGET PRICE : RM2.50*
Here are 10 main reasons why Supermax Corporation Berhad's share price may surge in 2025:
1. US Manufacturing Facility Commencement Supermax's new manufacturing plant in the US is expected to begin operations in early 2025. With an initial production capacity of 2.4 billion gloves annually, it reduces dependency on exports and taps directly into the largest glove market. Full capacity is projected at 19.2 billion gloves.
2. Higher US Import Tariffs on Chinese Gloves The US has imposed increasing tariffs on Chinese gloves:
50% in 2025
100% in 2026 This opens a massive opportunity for Malaysian glove producers like Supermax, as buyers seek alternative suppliers.
3. Improved Average Selling Prices (ASPs) Global glove ASP trends are showing signs of recovery, forecasted to rise to US$21–US$22 per 1,000 pieces by late 2024 and 2025 due to increasing demand and rising costs.
4. Rebounding Global Demand for Gloves The demand for gloves is projected to grow 8%–10% annually due to increasing hygiene awareness post-pandemic, rising healthcare spending, and infection control measures worldwide.
5. Weaker Malaysian Ringgit (Currency Advantage) A weaker MYR against the USD benefits Supermax as exports generate foreign currency, boosting profitability and revenues.
6. Diversification into Developed Markets Supermax’s expansion into Europe and North America mitigates risks associated with oversupply in Asian markets. The US plant reinforces direct relationships with customers.
7. Strong Balance Sheet and Cash Reserves Supermax maintains a strong cash position that allows it to fund expansion, manage costs, and distribute dividends if necessary, improving investor confidence.
8. Glove Sector Recovery from Overcapacity The global glove industry has faced overcapacity, but consolidation among competitors and steady demand growth are driving sector normalization, supporting higher ASPs and revenues.
9. Strategic Focus on ESG (Environmental, Social, and Governance) Supermax’s focus on sustainable practices, including energy-efficient production and ethical labor compliance, attracts long-term institutional investors prioritizing ESG-compliant companies.
10. Improved Sentiment for Malaysian Glove Stocks Malaysian glove stocks, including Supermax, are benefiting from renewed investor interest, driven by:
It looks like supermx get the huge support to stay above 3 years high $1.10.. Lets see the closing today... Once confirm will be bye bye to $1.0x toward $1.1x
Now we look forward to more incentives from Trump to entice companies to set up shop in USA,n even more incentives to those who had like Maxter Supermx.Trump knows he must arrest USA's economic decline while he still can,n when USD is still king.
Rchi., maxter Healthcare is complaining for import glove in fact..
51,882 posts
Posted by pang72 > 1 day ago | Report Abuse
to… Published Dec 4, 2024 Follow The American Medical Manufacturers Association (AMMA) submitted comments on the proposed rule to implement the Make PPE in America Act. AMMA applauds the Department of Homeland Security (DHS) for its commitment to strengthening domestic PPE manufacturing. Implementing this critical legislation represents a vital opportunity to boost U.S. manufacturing, significantly improve public health preparedness, and enhance national security.
pang72
51,882 posts
Posted by pang72 > 1 day ago | Report Abuse
New Act proposed (Make PPE in America Act.) by America medical manufacture Associations.... Once pass the bill, supermx will sapu every single glove in US market
This retracement is very healthy. It gives opportunity to those with loaded lorry to re-arrange for further loadings. Are you satisfied with your catch, meh?
Trump made Elon the usd440 bil man. He made Btc usd 104k per piece. He slapped 100% tariff on china gloves in 2026. Ya ya,as someone just said...Trump is not important,why worry about him.Lol.
Starting next year & 2026 stage one China will be left behind as Donald Trump impose 50% to 100% tariff to discard China
The rocket continues...
Then Stage two rocket will also come off when Usa decides to help Supermax build phase 2, phase 3 & phase 4 glove factories in Texas, Usa
And Topglove, Hartalega, Kossan and other gloves will disengage from the remaining part one of the rocket
By getting rid of "extra" weight" Supermax can finish and complete all its factories - providing essential employment to USA citizens and MAKE AMERICA GREAT again
Many amongst us want to see that the current Resistance at 1.15 is broken tomorrow.... and surge further in welcoming Trump's inauguration on Jan. 20, 2025. Next week is Christmas and New Year 2025 on the following week...
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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....
Yi Long Mask
407 posts
Posted by Yi Long Mask > 1 month ago | Report Abuse
Imagine if Stanley have the chance to have lunch with Elon Musk in Texas next year, that's will push up additional RM1 supermax price
RM1 per share up is equal to market capital RM2.6 billion, come on Stanley, you are the Glove King!