SUPERLON HOLDINGS BHD

KLSE (MYR): SUPERLN (7235)

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Last Price

0.94

Today's Change

0.00 (0.00%)

Day's Change

0.925 - 0.955

Trading Volume

80,800


6 people like this.

2,971 comment(s). Last comment by AhHuat168 2 weeks ago

blood7

254 posts

Posted by blood7 > 2020-07-22 12:48 | Report Abuse

good luck.... i bought long time already average around 0.63, now just waiting only....

Posted by wutohpakhang > 2020-07-22 13:56 | Report Abuse

Superln sleeps i also sleep coz its raining.....

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-07-22 17:22 | Report Abuse

5 stocks that will report better result next quarter under my watchlist.... superln, comfort, vs, scgm and hiaptek

why? bcoz their qtr is till end april where mco went for full month, their coming qtr from may run at normal production

chickmonk

991 posts

Posted by chickmonk > 2020-07-24 09:24 | Report Abuse

get ready, push up soon.

chickmonk

991 posts

Posted by chickmonk > 2020-07-24 09:34 | Report Abuse

low oil price = low material cost = high profits = fly

chickmonk

991 posts

Posted by chickmonk > 2020-07-24 10:08 | Report Abuse

show started.

chickmonk

991 posts

Posted by chickmonk > 2020-07-24 10:29 | Report Abuse

有成长不要卖.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-07-24 17:32 | Report Abuse

vol has come, will hold till next qtr, superln wont let u down if you bought below .70

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-07-24 17:33 | Report Abuse

aside from comfort and scgm, hiaptek and vs still have room to go up, im buying and holding

chickmonk

991 posts

Posted by chickmonk > 2020-07-27 11:22 | Report Abuse

volume & ppl interests is back!

Posted by wutohpakhang > 2020-07-27 12:17 | Report Abuse

nearest TP 0.8 / 0.85 / 1.0

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-07-27 20:28 | Report Abuse

continue collect .72 and hold, ave still below .70

chickmonk

991 posts

Posted by chickmonk > 2020-07-28 21:38 | Report Abuse

June rubber products export rised. Coming quarter sui sui!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-07-29 16:51 | Report Abuse

collect again .69

chickmonk

991 posts

Posted by chickmonk > 2020-08-05 14:27 | Report Abuse

insider collected enough...its time to limit up!!!!

Posted by Sebastian Power > 2020-08-05 14:34 | Report Abuse

lai liao!! Super!!!

chickmonk

991 posts

Posted by chickmonk > 2020-08-05 16:38 | Report Abuse

this time is real. coming quarter result will surprise u.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-05 17:49 | Report Abuse

patience paid off, tp 1.50 end year : )

chickmonk

991 posts

Posted by chickmonk > 2020-08-05 21:29 | Report Abuse

finally long green candle, more to come

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-05 21:37 | Report Abuse

1 big green candle with high volumen, will follow by 3 big green candle, then only consolidated.
Target price is RM1.30

chickmonk

991 posts

Posted by chickmonk > 2020-08-06 07:37 | Report Abuse

new trend now. limit up!

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-06 10:49 | Report Abuse

Insider news..

Superlon new production of fitness mat are having overwhelming result during the MCO period.

During MCO, many lady / women stay at home doing Yoga, and everyone has Superlon quickly launch their High Quality Affordable Price NBR Fitness Mat, and it is booming.

Very soon i think Lululemon will ask Superlon to OEM their fitness mat.

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-06 10:49 | Report Abuse

Prepare for limit up.

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-06 15:55 | Report Abuse

Superlon Holdings Bhd

Upgrade to buy with a higher target price (TP) of ***RM1.17*** : We came back from Superlon Holdings Bhd’s investor briefing feeling more positive about its outlook. For the first half ended Oct 31, 2019 (1HFY20), the company posted a gross profit (GP) margin of about 27%, six percentage points lower than a year ago mainly due to higher sales to low margin markets and lower efficiency in the Vietnam factory as well as higher raw material costs. On the other hand, the higher GP margin product from a new customer has only started to pick up and we estimate that the orders make up about 10% of its year-to-date volume. Looking ahead, we expect this customer to contribute about 20% of its total volume, which should improve its overall GP margin in the coming quarters.

Meanwhile, Superlon management updated that the utilisation rate at its Vietnam plant has ramped up to about 50% as of the second quarter of FY20 (2QFY20), compared with 30% in 4QFY19 when the plant was completed. We believe the plant is on track to break even operationally and that could help ease its profit margin going forward. This is sooner than expected as the management had previously targeted utilisation rate to reach about 50% by April 2020. Looking past the break-even point, we expect further improvement in profit margin due to the tax break in Vietnam, which may kick in in the coming quarters considering operational momentum that is well on track.

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-06 15:56 | Report Abuse

Target Price is RM1.17, now is 83 sen, still got 40% room to gain

chickmonk

991 posts

Posted by chickmonk > 2020-08-06 16:55 | Report Abuse

2 days green candle...can limit up?

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-06 17:43 | Report Abuse

chickmonk, sure can limit up... This counter used to be SCGM good brother.
Now SCGM so high d, i think this counter neede at least 3 days limit up then only fair to him.

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-06 19:53 | Report Abuse

KEY INVESTMENT HIGHLIGHTS
Higher margin product contributing
Vietnam operations breaking even
Competition continues in India, expanding footprint elsewhere
Upgrade to BUY (previously NEUTRAL) with a revised TP of RM1.17 (previously RM0.97)


Higher margin product contributing. We came back from Superlon’s investor briefing feeling more positive of its outlook. For 1HFY20, GP margin recorded ~27%, which is 6ppt lower than a year ago mainly due to higher sales to low margin markets and lower efficiency in the Vietnam factory as well as higher raw material costs. On the other hand, the higher GP margin product from a new customer has only started to pick up and we estimate that the orders making up about 10% of its ytd volume. Looking ahead, we expect this customer to contribute ~20% of its total volume, which should improve its overall GP margin in the coming quarters.

Vietnam operations breaking even. Meanwhile, management updated that the utilisation rate at its Vietnam plant has ramped up to about 50% as of 2QFY20, compared to 30% in 4QFY19 when the plant was completed. We believe that the plant is on track to break even operationally and that could help ease its profit margin going forward. This happens sooner-than-expected as management had previously targeted utilisation rate to reach ~50% by April 2020. Looking past the break-even point, we expect further improvement in profit margin due to the tax break in Vietnam, which may kick in the coming quarters considering operational momentum that is well on-track.

chickmonk

991 posts

Posted by chickmonk > 2020-08-07 08:33 | Report Abuse

limit up?

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-07 10:49 | Report Abuse

this superlon is slow & steady.
Today closing could be touch 0.895

moven00

728 posts

Posted by moven00 > 2020-08-07 21:05 | Report Abuse

Isnin mandi darah la ooiiii

soros228

2,039 posts

Posted by soros228 > 2020-08-07 22:27 | Report Abuse

more to come

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-07 22:42 | Report Abuse

Come come come..
Monday up or down also good..
This is good counter, quarter result will give you the surprise.

chickmonk

991 posts

Posted by chickmonk > 2020-08-07 22:56 | Report Abuse

another limit up stock next week. pm me!

Posted by wutohpakhang > 2020-08-09 16:53 | Report Abuse

Lemang sebatang

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-11 01:15 | Report Abuse

If tomorrow supermax limit up, superlon will limit up also, coz both name got super.

chickmonk

991 posts

Posted by chickmonk > 2020-08-11 14:28 | Report Abuse

best buy now, contra Kakis all gone.

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-11 23:18 | Report Abuse

Today supermax not limit up, that why Superlon went down

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-12 12:45 | Report Abuse

accumulate more, share price drop i wont cabut, I only cabut if the company quarter result is not as per my expectation

chickmonk

991 posts

Posted by chickmonk > 2020-08-13 15:12 | Report Abuse

coming QR sure super!

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-14 14:10 | Report Abuse

superlon make my neck long... haha

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-15 22:36 | Report Abuse

i traded this counter when it was 1.20 and sold at 2.00 somewhere in 2017-18

why the price rocket up that time? the reason is oil price was at 40usd

when oil price low, superln will make more profit

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-15 22:38 | Report Abuse

now vol still small bcoz TA is weak and no fund collect, once rpt out with good profit (same as 2017-2018), easily break above rm1

blood7

254 posts

Posted by blood7 > 2020-08-18 17:37 | Report Abuse

i checked Top Glove's analyst briefing notes..... butadiene is at rock bottom price ALL TIME HISTORIC LOW the last quarter...this is Superlon's main raw material so good results should be coming....

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-18 19:18 | Report Abuse

Yes,Superlon result is supergood

Albukhary

3,043 posts

Posted by Albukhary > 2020-08-18 23:45 | Report Abuse

Superlon Holdings surged higher to challenge the RM0.835 resistance level. With the momentum indicator RSI pointing upward, coupled with higher trading volume, we foresee that it could continue to travel towards the short-term target prices of RM0.895 and RM0.935. If it fails to trade above the resistance level, expect a sideway consolidation movement. In this case, the downside support is marked at RM0.785, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.835
Target: RM0.895, RM0.935

Glucifer

30 posts

Posted by Glucifer > 2020-08-20 11:34 | Report Abuse

Go go Superlon...on the way to hit MYR0.935 after QR

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-20 12:17 | Report Abuse

when profit growth is clear and price at low, its time to collect, will not be fast money (due to lack of interest - weak TA), but for sure it will come

patience is profit

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