Posted by Goldberg > Apr 19, 2021 5:25 PM | Report Abuse

Supermax market price is expected to reach RM7-80 by the 3rd Week of May- thus maintaining its position in the Composite Index.

Yup Mr DIY ( Hardware Shop selling cheap tools from China) is a highly rigged stock by Creator investors by deceiving a large pool of foreign investors who are trapped in this stock.

Mr DIY - PE ratio is 65

Posted by strattegist > Apr 19, 2021 5:28 PM | Report Abuse

closed green

Posted by chensk > Apr 19, 2021 6:06 PM | Report Abuse

Covid cases in India rose from 25,000 new cases per day one month ago to 270,000 new cases per day on Apr 17, this is really scary. With mutating virus, no body really know wht will happen next. I think the earth is really sick with overpopulation and deforestation.

Posted by chensk > Apr 19, 2021 6:06 PM | Report Abuse

The WWF report said 60-70% of the new diseases that have emerged in humans since 1990 came from wildlife.

https://www.theguardian.com/world/2020/jun/17/pandemics-destruction-nature-un-who-legislation-trade-green-recovery

Posted by pang72 > Apr 19, 2021 7:15 PM | Report Abuse

Why always more people in the forum when price drop from rm10 to rm3?

But less people in the forum when price up from 3.5 to rm10?

People like to cut lose then cut win?

I DONT UNDERSTAND!

Posted by Sky Liew > Apr 19, 2021 7:20 PM | Report Abuse

Hope Tml can 6+

Posted by pjseow > Apr 19, 2021 8:04 PM | Report Abuse

What is so good about DIY fundamentally? It was just listed and had a 2 qtr history of financial results. Which. MRDIY business fundamentals are better than supermx? Growth.rate for the past 5 years? Cash.position? Nett Margin, ROE? Future earning. potential? Technological advantages? Workdwide.customer base ? I cant see any of these can beat supermx. DIY is definetely.overpriced . If such a company with these fundamentals can have a PE.of 60 , then.supermx deserved a PE.of 100. Welcome any comment . Pang 72, I am helping you to get more peoples into the forum .

Posted by Bullrunrun > Apr 19, 2021 8:15 PM | Report Abuse

Bursa choose DIY because they like DIY very shiok

Supermax QR coming soon 45 cents

Posted by RISK8888 > Apr 19, 2021 8:19 PM | Report Abuse

pang72 Why always more people in the forum when price drop from rm10 to rm3?

You know why? Because 90% ppl buy share follow wind. They end up cutting losses. Only 10% ppl real investor buy share base on fundamentals. Thats why little ppl cheering now. When price again reach RM10, sure will again see many ppl here. Haha.

Posted by shearer202 > Apr 19, 2021 8:29 PM | Report Abuse

Mr DIY over expannd , it will not sustain in long term due to chalanges from shopee !

Posted by shearer202 > Apr 19, 2021 8:30 PM | Report Abuse

Mr Diy is a big joke in bursa history !

Posted by UPlanet > Apr 19, 2021 8:31 PM | Report Abuse

Sorry bro pjseow, i think Supermax deserve ~PE600. If MRDIY pe is 60+.. coz profit projected this yr is Rm4.5b, whereas MRDIY is only Rm0.41b??

Posted by brian3381 > Apr 19, 2021 8:32 PM | Report Abuse

Malay like to buy at diy. Where got malay buy supermx glove?

Posted by newway > Apr 19, 2021 8:33 PM | Report Abuse

Yes punters will rush in after QR release & price is RM10 haha

Posted by Jack Khan > Apr 19, 2021 8:39 PM | Report Abuse

After supermax surge pass 6.8 many will come in.

Posted by Dante5566 > Apr 19, 2021 8:41 PM | Report Abuse

Chase high, later shorties destroy the share prices ya all cut loss again. Might as well give your money straight to shorties and sleep better at nights. hahaha...

Posted by bobbychan > Apr 19, 2021 8:45 PM | Report Abuse

I have both MRDIY

Posted by whenarmada > Apr 19, 2021 8:51 PM | Report Abuse

pang 72, obviously not many punters believe in glove counters anymore. I think a lot of punters were hard hit. I miss the last year rally. I managed to all in at RM4.50 this year. timing was a bit off but im alright. Im sceptical that it will hit RM6. it will be a dream price for me. because i will unload at that price and convert my profit to a super condo in KL. Will it hit RM6?. it is million dollar question. I got a feeling, not that soon to reach RM6. . Stock market is real unpredictable. i believe no one will believe 2 weeks ago, supermx can reach rm5.44

Posted by Knm_bottomed > Apr 19, 2021 9:01 PM | Report Abuse

Mr DIY crash soon

Posted by pjseow > Apr 19, 2021 9:09 PM | Report Abuse

Uplanet, Supermx last 2qtrs earnings were 790 millions in Q1 and 1056 millions in.Q2 . To achieve 4.5 billions in total , the next 2 qtrs must achieve achieve 2654 millions or 1327 millions per qtr. Can supermx achieve 1327 millions profit in.coming QTR? Lets do a reality.check.

Posted by pang72 > Apr 19, 2021 9:10 PM | Report Abuse

When Armada,
Congrate your big vision and hope you can achieve it..
Anywhere, Rm6 is pretty easy to hit...
Just merely 50c more..

I am strongly feel tat you can book your condo soon!!

Posted by pjseow > Apr 19, 2021 9:42 PM | Report Abuse

Whenarmada, I agree with Pang72 that 6.00 is an east tgt to achieve. Supermx is worth.much more than.that.

Posted by newway > Apr 19, 2021 9:50 PM | Report Abuse

@pjseow Affin Hwang IB analyst projected 2021eps at 1.595 = 4.34 billion

Posted by pjseow > Apr 19, 2021 10:03 PM | Report Abuse

newway , thks for the information

Posted by UPlanet > Apr 19, 2021 10:57 PM | Report Abuse

BoomBerg According to JPM analyst report Supermax 2021 PAT 4.5 B 2022 3+ B

——————————————-
Bro pjseow, i just grabbed from BoomBerg JPM report!

Posted by pjseow > Apr 19, 2021 11:02 PM | Report Abuse

Lets check if next qtr can hit 1.3 billion profit. Supermx has two type of business. One is OEM/Disty while the other is OBM . The OBM is 58 % of total gloves sales while the balance 42% is through OEM/ Disty .
The OEM/ Disty is straight forward. Supermx product mix is 68 % nitrile and 32 % latexx. Assuming ASP. for Nitrile.glove exfactory is US 70 per 1000.and Latexx glove is US 40 per 1000 , the weighted ASP is 70x0.68 +40x0.32 = 60.4.
Assuming capacity of 26 billion per year , utilization.of 95 % ,exchange rate of 4.1 and margin of 40 %,

OEM/Disty earning = 60.4 x 26x 0.95 x 4.1 x 0.4 x 0.42 = 1027 millions

For.OBM.business , I assume supermx sold double the price of ex factory price and make a total margin of 60 % ,

OBM earning = 60.4 x2 x26.x.0.95 x 4.1 x 0.6x 0.58 = 4257 millions.

Total earning per year = 1027 + 4257 = 5284 million.
Earning per year = 5284/ 4 = 1324 millions.

Posted by pang72 > Apr 19, 2021 11:11 PM | Report Abuse

Just wait for Supermx cash reserve above its share price for 2021.

Just would like to see what is value investors opinion for that happened?

Posted by pang72 > Apr 19, 2021 11:13 PM | Report Abuse

US market is scared by covid now!!
We will see how Supermx rescue bursa index...

Posted by UPlanet > Apr 19, 2021 11:14 PM | Report Abuse

Pjseow very details & pro analysis! Thanks bro! But, recently just share price not following qr!

Posted by pjseow > Apr 19, 2021 11:27 PM | Report Abuse

Ops, the last paragraph should be Earning pet qtr
not per year

Posted by Knm_bottomed > Apr 20, 2021 12:03 AM | Report Abuse

Wait Israel case in 3 weeks after mask off

Posted by BoomBerg > Apr 20, 2021 12:46 AM | Report Abuse

https://www.lifesitenews.com/news/10000-deaths-after-covid-shots-reported-by-u.s-european-agencies

Posted by BoomBerg > Apr 20, 2021 12:48 AM | Report Abuse

NEWS
10,000+ deaths after COVID shots reported by U.S., European agencies
More than 7,000 deaths have occurred in Europe, and more than 200,000 injuries worldwide have been reported.
Wed Apr 14, 2021 - 7:23 pm EST

By Raymond Wolfe
FOLLOW
LifeSiteNews has produced an extensive COVID-19 vaccines resources page. View it here.

April 14, 2021 (LifeSiteNews) -- More than 10,000 people have died shortly after COVID-19 vaccination since December, American and European authorities have revealed. The deaths include more than 7,100 in Europe, according to the European Medicines Agency (EMA), and 3,005 reported by the U.S. Centers for Disease Control (CDC).

As of Tuesday, EudraVigilance, the EMA’s database of suspected drug reaction reports, noted that 4,036 “fatal outcomes” after vaccination with Pfizer’s COVID-19 shot, as well as 1,922 and 1,234 deaths after administration of vaccines made by Moderna and AstraZeneca, respectively.

Posted by nashvz > Apr 20, 2021 7:11 AM | Report Abuse

PAKTUA - just been following you and recently you were in Dayang. is this now time to buy in Dayang (As oil price now rising higher) or are you still in Dayang from last time. thankiu

Posted by mf > Apr 20, 2021 7:36 AM | Report Abuse

Dow Jones 34,077.633 -123.04 0.36%
Nasdaq 13,914.77 -137.576 0.98%

Posted by kltower1 > Apr 20, 2021 8:28 AM | Report Abuse

八打灵县19所中小学被令关闭

https://www.orientaldaily.com.my/news/central/2021/04/19/406149

glovefinish say fake news.

Posted by Bgt 9963 > Apr 20, 2021 8:37 AM | Report Abuse

Good morning...!

Posted by paktua73 > Apr 20, 2021 8:38 AM | Report Abuse

hi nashvz..
paktua pick dayang as mid term..
still hold some..will hold until nov..
oil alow n steady..n dayang good to hold..




tut tut
like supermx in oil haha..

Posted by Huatexpert > Apr 20, 2021 9:10 AM | Report Abuse

Vaccinations | Coronavirus in the UK - Coronavirus Dashboard > 60%

https://coronavirus.data.gov.uk/details/vaccinations

Daily New Cases in the United Kingdom

https://www.worldometers.info/coronavirus/country/uk/

Posted by paktua73 > Apr 20, 2021 9:12 AM | Report Abuse

censof time..
supermx rest abit
haha


tut tut
see later

Posted by Huatexpert > Apr 20, 2021 9:12 AM | Report Abuse

Today Glove should be red and recovery stocks GenM Genting should be green today.

Posted by RHBIB7 > Apr 20, 2021 9:28 AM | Report Abuse

Short sellers want to donate their money again.

Posted by foongkitmun > Apr 20, 2021 9:28 AM | Report Abuse

aiyoyoyo.... ohlincaifun lo...... itu turun sikit sikit retailers udah takut... ini kena minum yalkut... ada yalkut, tarak takut....wa punya orinsi already cold.... enjoy watching the porn show..... hei boss, satu oh lin ca ho fun!!!!

Posted by thor85 > Apr 20, 2021 9:29 AM | Report Abuse

Already green past 3days. Relaxx

Posted by Knm_bottomed > Apr 20, 2021 9:31 AM | Report Abuse

UK and US vaccinations almost done. Malaysia enter second phase vaccinations

Posted by whenarmada > Apr 20, 2021 9:31 AM | Report Abuse

profit taking day. shall check the price after market close. thank you everyone. i am taking a rest too

Posted by whenarmada > Apr 20, 2021 9:32 AM | Report Abuse

please dont drop below rm5