SUPERMX (7106): Trailing 4Q Financial Results

stay strong ya glovers. kikiki

3 days ago

long term investor very happy can sapu low price hahahaha , mana all the old folks????

3 days ago

hah from covid 19 to vaccine to idss to monkeypox, now all supporters disappeared from this forum

3 days ago

mana pjseow???

3 days ago

pjseow driving his bezza for road trip. dont want look at bursa d kikiki

3 days ago

KUALA LUMPUR: Hartalega Holdings Bhd bercadang untuk menghentikan operasi satu lagi kilang pembuatan di Bestari Jaya bagi menjimatkan kos.

MIDF Research dalam satu nota penyelidikan berkata, rancangan untuk menghentikan Kilang 3 Bestari Jaya yang mempunyai lapan barisan pengeluaran dan menghasilkan 3.3 bilion unit sarung tangan setahun itu adalah bagi meningkatkan keberkesanan kos.

Ia berkata, Hartalega sebelum ini telah menghentikan Kilang 2 Bestari Jaya bagi tujuan penjimatan kos berikutan jumlah pekerjanya yang ramai.

"Kilang 2 mempunyai lima barisan pengeluaran dan menghasilkan 1.2 bilion sarung tangan setiap tahun," katanya.

MIDF Research berkata, di sebalik rancangan penutupan itu, Hartalega ketika ini juga sedang menyiapkan pembinaan pengembangan empat kilang pembuatan di bawah NGC 1.5 di Sepang.

Katanya, pengurusan Hartalega menekankan bahawa pentauliahan kilang akan dibuat secara berperingkat, tetapi masanya akan bergantung kepada dinamik penawaran dan permintaan dalam pasaran.

"Berdasarkan NGC 1.5 (Sepang), kilang pengeluaran itu akan meningkatkan kapasiti tahunan sebanyak 19 bilion sarung tangan.

"Penyahtauliahan kilang pembuatan dijangka akan mengimbangi pentauliahan pengembangan dua kilang di bawah projek NGC 1.5, yang menghasilkan jumlah kapasiti yang sama," katanya.

Keuntungan bersih Hartalega merosot 96.1 peratus kepada RM88.28 juta pada suku pertama berakhir 30 Jun 2022, daripada RM2.26 bilion dalam tempoh yang sama tahun lepas berikutan peningkatan kos tenaga dan buruh yang disebabkan oleh kenaikan tarif gas asli dan pelaksanaan gaji minimum.

Perolehan turun 78.3 peratus kepada RM845.67 juta berbanding RM3.90 bilion sebelumnya.

Perolehan yang lebih rendah itu terutamanya disebabkan oleh purata harga jualan (ASP) yang kembali normal dan kemerosotan jumlah jualan sebanyak 28 peratus, berbanding suku pertama tahun kewangan 2022 apabila kedua-dua ASP dan permintaan jualan mencatatkan paras tertinggi ketika tempoh pandemik.

Ketua Pegawai Eksekutif Hartalega, Kuan Mun Leong, berkata kesan ASP dan permintaan yang kembali normal dipaparkan dalam keputusan suku pertama syarikat yang turut terkesan dengan persekitaran kos operasi yang lebih tinggi dan peningkatan tekanan inflasi disebabkan oleh kenaikan tarif elektrik dan gas asli, serta dasar gaji minimum baharu yang dilaksanakan pada Mei 2022.

"Di samping itu, persaingan semakin sengit di pasaran berikutan keadaan bekalan berlebihan dalam sektor sarung tangan global," katanya.

Close shops 1 by 1 coming soon !

3 days ago

https://www.klsescreener.com/v2/news/view/1029307

OMG , perfect storm coming to malaysia glove sector again

3 days ago

Taiwan's Centers for Disease Control and Prevention (CDC) confirms 35 human infections of the novel Langya Henipavirus in China's Shandong and Henan provinces. The CDC told Taipei Times that they would begin to establish nucleic acid testing, track close contacts of patients, and conduct genome sequencing.

Health officials in China are now monitoring the transmission of this novel zoonotic virus that has infected dozens of people, despite having no known close contact.
Langya Henipavirus in China
A study titled "A Zoonotic Henipavirus in Febrile Patients in China," published in the New England Journal of Medicine, reports a new henipavirus linked to the fever-causing illness reported in China.

The researchers of the study investigated 35 patients that have acute Langya henipavirus in Shandong and Henan provinces, of which 26 were infected with Lanya virus only and no other pathogens.

All 26 patients experienced fever, 54% reported fatigue, 50% had a cough, 50% experienced a loss of appetite, 46% also had muscle pain, 38% complained of nausea, and 35% had headaches and vomiting. More so, 54% showed a decrease in white blood cells, while 35% had low platelet count, 35 had liver failure, and 8% had kidney failure.
https://www.sciencetimes.com/articles/39279/20220809/china-detects-new...

2 days ago

so???still want use virus to save Ur ass's??

2 days ago

SinGor

https://www.malaysiakini.com/news/631694

This Not Good for Super to get Out of US Border Control jail

2 days ago

Medusa

SinGor
https://www.malaysiakini.com/news/631694

This Not Good for Super to get Out of US Border Control jail

This is good to others glovemakers who comply with the ILO standards. As more and more glove companies being banned by cbp, supply<demand US will buy from other. Even US plans to hike tariff from China which make even good prospect for US to source from other countries.

Remember, Careplus is part of Ansell so expect terrible quarterly result coming and even need to be shut down or worse cut down on their production which eventually lead to supply < demand.

2 days ago

cK1973

this is a very good company for long term investment
price already sideway towards downtrend.....
for longer term play n should wait at lower entry price....
tunggu la tunggu la...50 boleh ka?

2 days ago

Never never buy in dip for glove stocks , just look at KAREX u will agree with me ! It will no rebound forever once the frenzy mania has past ! Karex plummet also caused by China Condomn challenge !

2 days ago

US workers strike for higher wage will make US plant lose money n close shop soon ! Invest US is the biggest mistake by superman !

2 days ago

Once 80 sens break then it will direct plummet to 5x - 6x sens !

2 days ago

SinGor

DonT worry, i think Super will be Hit side way by a 800lbs Gorilla ( TopGlove) dropping at very high Speed.
As i predict TG will be King of the Bottom

2 days ago

@pjseow, want sell house to buy or not? dare to buy at rm5 and now rm0.8 dont want to buy meh kikiki

2 days ago

All the naysayers for the past 2 years r actually Angel in disguised

2 days ago

cK1973

mari mari bagi range 70-80 dulu...
mari mari....

1 day ago

harta at rm2. kossan at rm1.1. both 50% below pre pandemic level. supermax still above pre pandemic price. if it follow kossan and harta, should trade below 40cents

1 day ago

cK1973

long term counter ma....
70-80 good range ma...

1 day ago

Ryan83

Supermax finally broken 80sen support level and continue to fall as next quarterly result end of this month will be net losses and negative EPS

1 day ago

Legend

Habis....

1 day ago

GlovesOff

Each time I see perodua ad reminds me of a legend here , sidebet at 70c mou? Haha

1 day ago

OMG , EU starts to reduce the using of disposable rubber plastic products ! EPF run faster than so call long term investors !

1 day ago

All the 4 big company will drop until around 50 sens !

1 day ago

Market Analysis and Insights: Europe Protective Gloves Market
Europe Protective Gloves Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 6.3% in the forecast period of 2021 to 2028 and expected to reach USD 3,964,761.34 thousands by 2028.

Protective gloves or safety gloves are gloves designed to protect individuals from safety hazards such as cuts, burns, chemicals, abrasions, biohazards, among others. Although, various types of safety gloves are available in the market, it is important to choose the right materials and product for the intended purpose.
https://www.databridgemarketresearch.com/reports/europe-protective-glo...

1 day ago

Market Analysis and Insights: Global Protective Gloves Market
Global protective gloves market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.2% in the forecast period of 2021 to 2028 and expected to reach USD 22,601,206.87 thousand by 2028.

https://www.databridgemarketresearch.com/reports/global-protective-glo...

1 day ago

Yes , the market growth but with 70% order flow to China Intco , blue sail !

1 day ago

Superman US plant will be losing money due to wage inflation in western countries !

1 day ago

see2sea

Lol..long term investment? Still load more? Load till 30sens

1 day ago

juon

now all can be warren buffet ! long term investor

padahal sebenarnya kena terperangkap

1 day ago

mana tu SPX legend sorrhai pjseow and company tunafa?

1 day ago

still partying and driving around in "ferrari"-turned-bezza in SPX LALALAND?

1 day ago

have fun meeting with KARMA ya pjseow and co
it's not done yet given all the damage you have done to your naive followers

1 day ago

oh btw, your "ferrari"-turned-bezza will soon become beca
can cruise around jonker street for some tourist money instead of daydreaming in SPX LALALAND, kakaka

1 day ago

Djoker89 still alive ah?

We made good money together in 2020 glove party....

But he seems to be catching falling knive non stop fm 2021 to 2022...

Hope he didnt vomit back his profit in 2020

1 day ago

Posted by CharlesT > 2022-02-23 11:51 | Report Abuse

Closed at 1.47 on 31 Dec 2021, after a whopping drop of 70%+ in 2021.

Year todate another loss of 32% at RM1.01 now.

In short, all die very hard if u bought since 2021 till now, at whatever CHEAP price....

By now, Year todate loss is 46%+....

Whoever bought cheap n cheaper n cheaper n cheaper fm 2021 till now will lose until kuku also shrink till cannot be seen

1 day ago

The worse part is it has yet to reach its bottom n nobody knows when will be the bottom....thats the scary part

1 day ago

Wait till u see few q of loss first....hope not few years

1 day ago

US monkey pox cases shot up to 10392 in two months. Multiply 10k in 2 months. What will new cases in US in x2 months.? Just guess 5m-10m of new cases. Several states in US had already declared emergency. I believe North America and Europe the usage of gloves definitely is very high in coming months due to outbreak of monkey pox. The health workers who dispense the vaccine will sure to wear gloves this time and ppl there will start to wearing gloves to prevent infection.
https://www.youtube.com/watch?v=ro9HwYwtRgQ&t=120s

22 hours ago

Next week bursa tech stocks all will skyrocket while glove stocks will continue plummet to 5x sens only take a breath !

Glove stocks hold longer loss bigger ! Pls copy this warning n keep for yourself !

21 hours ago

I believe most of the glove supporters so called long term value investors have read Mr xxxxxxx books and become over confident with harta n top glove end up losing more than 80% capital ! If 10 - 20 years ago , i would say yes the theory n strategy from the book is suitable but if u still stick to the same methods at todays stock market game then u standby slaughtered by market wave trend ! Even Warren Buffet also admit n change mindset to bet tech stocks already bro !

21 hours ago

The main reason why Malaysia glove company will lose to China glove :

1.China wont care about what the xxxxxxg forced labor , ESG bullxxxx from USA , China objective is to make cheapest yet acceptable quality products to dominant the world market ! China wont scare about losing market by their cheapest price strategy !

21 hours ago

Habisgl0v3333

Wow glove price plummet! My own prediction is even wrong wtf. Now really pity those glovers

20 hours ago

Habisgl0v3333

Ya I saw this coming, started warn investor but got treated like naysayers, actually we r angel ok

20 hours ago