Hi guys, Please read to the end while we type now
As one who has lived through the Medical Glove Superbull of seeing Supermax rose from my purchase price of Rm1.73 to the high of Rm24.44 now I "SEE" Palm Oil Bull at its beginning
Let Calvin refresh your happy memories
See my post
A TALE OF 3 GLOVES IN PICTURES : COMFORT GLOVE, TOPGLOVE & SUPERMAX, Calvin Tan Research
Author: calvintaneng 
| Publish date:
Hi guys'
Now all 3 Results are out
Comfort Glove, Topglove & Supermax
Let's see their figures
1) COMFORT GLOVE
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Apr 2020
|
30 Apr 2019
|
30 Apr 2020
|
30 Apr 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
152,907
|
119,956
|
152,907
|
119,956
|
| 2 | Profit/(loss) before tax |
22,242
|
10,555
|
22,242
|
10,555
|
| 3 | Profit/(loss) for the period |
16,339
|
8,411
|
16,339
|
8,411
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
16,339
|
8,411
|
16,339
|
8,411
|
| 5 | Basic earnings/(loss) per share (Subunit) |
2.80
|
1.50
|
2.80
|
1.50
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.5600
|
0.5500
|
||
It earns 2.8 sen (Annualised 2.8 sen x 4)
= 11.2 sen
If we give it a 30 P/E then
11.2 x 30 = Rm3,360
So price should trade at Rm3.36 (if P/E is 30)
2) TOP GLOVE
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 May 2020
|
31 May 2019
|
31 May 2020
|
31 May 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
1,688,324
|
1,190,235
|
4,127,201
|
3,612,165
|
| 2 | Profit/(loss) before tax |
422,020
|
82,239
|
677,846
|
349,588
|
| 3 | Profit/(loss) for the period |
350,033
|
75,188
|
577,802
|
293,536
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
347,895
|
74,665
|
575,004
|
290,512
|
| 5 | Basic earnings/(loss) per share (Subunit) |
13.59
|
2.92
|
22.46
|
11.37
|
| 6 | Proposed/Declared dividend per share (Subunit) |
10.00
|
3.50
|
10.00
|
3.50
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.2900
|
0.9900
|
||
1) Profit this quarter 13.59 (Annualized 13.59x4 )
= 54.36 sen
If PE 30 then 54.36 x 30 = Rm16,308
Or Rm16.30 (P/E 30)
3) SUPERMAX
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2020
|
31 Mar 2019
|
31 Mar 2020
|
31 Mar 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
447,247
|
361,199
|
1,202,685
|
1,113,352
|
| 2 | Profit/(loss) before tax |
95,277
|
49,416
|
169,549
|
156,409
|
| 3 | Profit/(loss) for the period |
72,349
|
34,963
|
127,331
|
109,653
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
71,056
|
34,617
|
125,968
|
108,695
|
| 5 | Basic earnings/(loss) per share (Subunit) |
5.42
|
2.64
|
9.62
|
8.29
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
1.50
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.9200
|
0.8300
|
||
Profit 5.42 sen (If annualized 5.42 x 4 )
= 21.68
If P/E 30 then 21.68 x30 = Rm6,504
Rm6.50 (If P/E 30)
Currently Comfort is Rm2.93 (If P/E 30 should be Rm3.36)
So is Comfort trading below P/E 30 value?
2) TopGlove is Rm16.90 (If P/E 30 should be Rm16.30)
Is Topglove trading above its 30 P/E?
3) SUPERMAX is Rm7.91 (If P/E 30 then Rm6.50)
Is SuperMax trading at a premium above its P/E 30 value of Rm6.50)
ON FACE VALUE WE SEE COMFORT GLOVE IS TRADING BELOW IS 30 P/E
WHILE SUPERMAX IS TRADING HIGHER ABOVE ITS 30 P/E
THERE MUST BE A REASON WHY THE MARKET UNDERVALUES COMFORT & OVER BULLISH ON SUPERMAX
How?
So we dig deeper
See
1) COMFORT GLOVE IS LIKE A YOUNG CARE FREE BOY WALKING
See little boy running in the meadow
This is the attitude of Comfort Glove Bosses
See
| DATIN GOH KIM KOOI | 11-Jun-2020 | Disposed | 1,050,000 | 0.000 |
 |
| DATO' LAU ENG GUANG | 11-Jun-2020 | Disposed | 1,246,450 | 0.000 |
|
| DATO' LAU ENG GUANG | 11-Jun-2020 | Disposed | 1,050,000 | 0.000 |
|
| DATIN GOH KIM KOOI | 09-Jun-2020 | Disposed | 603,600 | 0.000 |
|
| DATO' LAU ENG GUANG | 09-Jun-2020 | Disposed | 603,600 | 0.000 |
|
| DATIN GOH KIM KOOI | 02-Jun-2020 | Disposed | 1,000,000 | 0.000 |
|
| DATO' LAU ENG GUANG | 02-Jun-2020 | Disposed | 1,000,000 |
They happily merrily sell shares.
2) TOPGLOVE
Top Glove is a serious grown adult walking confidently
See
| MR LIM HOOI SIN | 22-May-2020 | Others | 247,600 | 4.900 |
|
| MR LIM HOOI SIN | 22-May-2020 | Others | 58,900 | 4.630 |
|
| MR LIM HOOI SIN | 22-May-2020 | Others | 49,200 | 5.060 |
|
| MR LIM HOOI SIN | 22-May-2020 | Others | 30,000 | 4.720 |
|
| PUAN SRI TONG SIEW BEE | 22-May-2020 | Others | 247,600 | 4.900 |
|
| PUAN SRI TONG SIEW BEE | 22-May-2020 | Others | 58,900 | 4.630 |
|
| PUAN SRI TONG SIEW BEE | 22-May-2020 | Others | 49,200 | 5.060 |
They are gathering Wealth & Accumulating it (Esos) No selling yet because still seriously expecting more to life
3) SUPERMAX
SuperMax is like A Young Business Man Running to Get More Business
3 New Factories being built concurrently
Just bought another land to build glove factory number 4
Instead of doing easy OEM SuperMax go all out doing OBM to get more Value
See
| MR NG KENG LIM @ NGOOI KENG LIM | 29-May-2020 | Acquired | 200,000 | - |
|
| MR TAN CHEE KEONG | 28-May-2020 | Acquired | 20,000 | - |
|
| MISS CECILE JACLYN THAI | 27-May-2020 | Acquired | 100,000 | - |
|
| MR TAN CHEE KEONG | 21-May-2020 | Acquired | 40,000 |
IN STEAD OF SELLING THEY ARE BUYING MORE FROM OPEN MARKET FROM RM7.50 TO RM7.73
WHICH ONE WILL YOU CHOOSE?
Best regards
Calvin Tan Research
Singapore
Please buy/sell after doing your own due diligence
The above was a chun chun post on Supermax in June see below
Author: calvintaneng | Publish date:
Fri, 12 Jun 2020, 11:04 PM
On 12th June 2020 Supermax opened at Rm7.50
BY AUGUST 7TH 2020 SUPERMAX ZOOOOOMED TO ITS PEAK PRICE OF RM24.44 (after that split by bonus issues)
Those were exhilarating times of the MEDICAL GLOVE SUPERBULL
Are we going into the Palm Oil Bull Now?
As far back as April 2020 Supermax result was still mediocre
See
. SUPERMAX
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Dec 2019
|
31 Dec 2018
|
31 Dec 2019
|
31 Dec 2018
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
385,497
|
385,101
|
755,438
|
752,153
|
| 2 | Profit/(loss) before tax |
41,829
|
54,317
|
74,272
|
106,993
|
| 3 | Profit/(loss) for the period |
30,022
|
38,721
|
54,982
|
74,690
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
30,165
|
38,136
|
54,912
|
74,078
|
| 5 | Basic earnings/(loss) per share (Subunit) |
2.31
|
2.91
|
4.21
|
5.65
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
1.50
|
0.00
|
1.50
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.8600
|
|||
Supermax result for last quarter of 2020 was only a mere 2.31 sen
Supermax highest price in December was only Rm1.47 & Wuhan Virus just started on same month in China.
By March 2020 Supermax like all others fell to the low of Rm1.30 because people were still skeptical how Covid 19 will play out
But that was the lowest at Rm1.30. No more after that as Covid 19 news spread and spread and Supermax worked overtime to get sales. The rest is history & Calvin made 1,000% from Supermax
Now just like Supermax in early days Jtiasa is the next potential Stock like Supermax
See Jtiasa latest quarter result
1) JAYA TIASA (4383) (OR GIANT TREASURE)
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Sep 2020
|
30 Sep 2019
|
30 Sep 2020
|
30 Sep 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
221,095
|
232,526
|
221,095
|
232,526
|
| 2 | Profit/(loss) before tax |
46,996
|
31,026
|
46,996
|
31,026
|
| 3 | Profit/(loss) for the period |
34,941
|
16,165
|
34,941
|
16,165
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
34,844
|
15,774
|
34,844
|
15,774
|
| 5 | Basic earnings/(loss) per share (Subunit) |
3.60
|
1.63
|
3.60
|
1.63
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.1800
|
1.1500
|
||
See Topglove past result
TOP GLOVE
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Nov 2019
|
30 Nov 2018
|
30 Nov 2019
|
30 Nov 2018
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
1,209,100
|
1,261,965
|
1,209,100
|
1,261,965
|
| 2 | Profit/(loss) before tax |
125,452
|
141,879
|
125,452
|
141,879
|
| 3 | Profit/(loss) for the period |
111,757
|
111,671
|
111,757
|
111,671
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
111,426
|
110,055
|
111,426
|
110,055
|
| 5 | Basic earnings/(loss) per share (Subunit) |
4.36
|
4.31
|
4.36
|
4.31
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.0100
|
1.0000
|
||
And see FGV result
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Sep 2020
|
30 Sep 2019
|
30 Sep 2020
|
30 Sep 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
3,989,459
|
3,549,245
|
10,066,906
|
10,104,663
|
| 2 | Profit/(loss) before tax |
172,272
|
-361,553
|
22,038
|
-396,449
|
| 3 | Profit/(loss) for the period |
112,533
|
-363,071
|
-49,288
|
-420,298
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
136,893
|
-262,410
|
15,093
|
-317,980
|
| 5 | Basic earnings/(loss) per share (Subunit) |
3.80
|
-7.20
|
0.40
|
-8.70
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.1300
|
1.1400
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
Best Regards
Calvin Tan Research
Singapore
All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein
