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SUPERMAX NET PROFIT - Breaking their own record high

Author: vinkuat   |   Latest post: Wed, 12 Aug 2020, 12:50 PM

 

SUPERMAX || WHAT IS THE PRICE RANGE IF ASP INCREASE 20% FROM JULY TO SEPTEMBER

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SUPERMAX

TWO(2) quarter before EPS is just 2.31 sen (official)

ONE(1) quarter before EPS is just 5.42 sen (official)

The current quarter EPS is just 30.58 sen (official)   

Next quarter EPS is just 36.69 sen (forecast; assume ASP increase 20% ONLY!)

 

So, total 4 quarter EPS is 2.31 + 5.42 + 30.58 + 36.69 = 75.00

 

My personal opinion on PE for rubber glove company especially the big rubber glove company is around PE 40 to PE 70 during this Covid-19 period.

EPS x PE= Price

75.00 x 40= RM30.00

75.00 x 50= RM37.50

75.00 x 60= RM45.00

75.00 x 70= RM52.50

Based on the observation on the PE recently, the Top 4 glove companies namely Topglove, Supermax, Hartalega and Kossan achieve P/E 100 and more. It is safe to give a P/E 40 to 70. So, the price shall be at least RM30.00 to RM RM52.50

 

 

Disclaimer…This is not an advice to buy or sell. It is just for education and sharing purpose. Vinkuat do not take accountability for any trading occurring from our information disseminated.

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Labels: SUPERMX

Related Stocks

Chart Stock Name Last Change Volume 
SUPERMX 7.83 +0.13 (1.69%) 54,338,500 

  3 people like this.
 
liewtz06 It is flawed to assume 20% increase in ASP only resulted in 20% EPS increase.
12/08/2020 4:53 PM
MaYun ha ha ha, really a vinkuat ( win kuat ) opinion
12/08/2020 5:16 PM
vinkuat @liewtz06 what you say is accurate, just take the gross and +/-. SPOT order also haven't calculate.
12/08/2020 5:37 PM
vinkuat @MaYun :)
12/08/2020 5:37 PM
tcgien ASP increase +20%, then you shall use revenue +20% and then deduct the operating cost to get PBT and PAT.
PAT divide number of shares. Only this calculation is correct.

Not simplistic with EPS +20%,
12/08/2020 7:18 PM
tcgien FYI. next quarter correct EPS is atleast 60 sens.
based on
ASP July +10%
ASP August +10% on top of July
ASP September +10% on top of August

I use +10% only, super conservative. What if I use +15%? hehehe
12/08/2020 7:20 PM
beginner Nice, supermx price today dropped so much, what you waiting for? Sell house, parent, kids, wife all in
12/08/2020 7:21 PM
vinkuat @tcgien,yes it is 60 sens. In fact my calculation is 62.2 sens. I just use the very-very low estimations so that those who is ignorance can digest easier.
12/08/2020 8:20 PM
vinkuat @beginner, don't ever sell your family member no matter how good is investment return.
12/08/2020 8:22 PM
iambillionaireinusd wrong calculation
eps is calculated based on the net profit of the trailing twelve months and latest number of shares issued.
12/08/2020 9:14 PM
vinkuat https://klse.i3investor.com/blogs/OoiTeikBee/2020-08-12-story-h1511677880-Projected_PAT_in_Q1_2021_result_of_Supermx.jsp

OTB calculations. So complicated and arrive at RM50. So, it is also very near.
13/08/2020 11:41 AM
Targeted Good attempt, keep it up!
13/08/2020 7:12 PM
chief999 nice... keep it up :)
16/08/2020 10:44 PM
stockraider U need to understand this loh...!!

Dali is wrong mah...!!

The broker institute this no contra guideline to protect the glove traders & investors and remisier mah..if there is a crash alot of people will go bankrupt mah..!!

Better to let some air out 1st mah...!!

If the purchasers are so confident perhaps they should use their own cash to buy...why need to use remisier limit or margin and endanger much more people to the euphoria leh ?...!!

The brokers are right to institute pre emptive strike loh...!!

Posted by stockraider > Aug 17, 2020 12:33 AM | Report Abuse X

This stupid dali say gloves being a commodity they are sign of danger then why he do not allow the brokers to steer away from danger leh ??

I think people should be rational and allow the brokers to take preventive action mah...!!

This will reduce sharp systematic risk mah...!!
17/08/2020 12:42 AM
Chua Joe Beng Copy & Paste/Highlight

SUPERMAX PRICE RANGE IF ASP INCREASE 20% FROM JULY TO SEPTEMBER.

Author: vinkuat | Publish date: Wed, 12 Aug 2020, 12:50 PM

SUPERMAX

2nd Quarter before EPS is just 2.31 sen (official)
1st Quarter before EPS is just 5.42 sen (official)
The current quarter EPS is just 30.58 sen (official)

Next quarter EPS @36.69 sen (forecast assumed ASP increase 20% ONLY!)
So, total 4 quarter EPS is 2.31 + 5.42 + 30.58 + 36.69 = 75.00

My personal opinion on PE for rubber glove company especially the big rubber glove company is around PE 40 to PE 70 during this Covid-19 period.

EPS x PE= Price

75.00 x 40= RM30.00
75.00 x 50= RM37.50
75.00 x 60= RM45.00
75.00 x 70= RM52.50

Based on the PE recently where the Top 4 glove companies namely Topglove, Supermax, Hartalega and Kossan hv achieved P/E 100 and more, it's safe to give a P/E 40 to 70.

Therefor, the price shall be at least RM30.00 to RM RM52.50
17/08/2020 7:19 AM


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