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tonyja Elite	06-May-2021 15:49        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	On this score, STGT is also a better SAFE HAVEN PLAY than supermax besides STA. tonyja      ( Date: 06-May-2021 15:44) Posted: Tradeview Commentaries - Supermax DOES NOT Represent Hartalega, Riverstone or Kossan   Seeing the title, you may be wondering, Supermax is part of the Big 4, how can it not be a representation of the glove sector and other peers. Do have a little patience and read on.  I believe Malaysia investors are the most savvy when it comes to the glove sector. Many know quite a lot about gloves, ASP, buying / selling trends, pros & cons. So all these need not require further explanation. The only 2 common issues I come across that most investors differ upon is their preference of the glove companies and the valuation.    Ex: I noticed quite a clear distinction. Those who like to invest in Top Glove and Supermax generally do not invest in Hartalega and Kossan. Vice versa. The question is why? Well the most common reason I hear retail investors highlighting is that " ASP of Supermax is highest followed by Top Glove" , " Supermax and Top Glove share price always surge like rocket unlike Hartalega and Kossan" etc. A few prominent investors even use PER to justify, Supermax is the cheapest glove company amongst all. It is for this reason, retail investors seem to like Supermax and Top Glove more than the others.    Now, this is where I would share a different perspective. I have always highlighted my favourite glove companies would be Hartalega and Riverstone. Sri Trang Agro and Kossan is close by. The main reason I like Hartalega and Riverstone is because of the high level of efficiency, productivity, ESG compliant and innovation / market leader in their respective area. I even called Hartalega, the " True King of Nitrile Glove" . Why? Because being a champion in the particular product or sector the metric to measure is not solely capacity. Biggest volume dont make you the king. Your quality, innovation and pioneering initiatives is what sets apart the Tier 1 from the others. If we sum up everything, it comes down to the management. When you invest in Berkshire Hathaway, I believe 90% of the investors invest because they believe in Warren Buffet & Charlie Munger, not because of the companies that Berkshire Hathaway owns. When local retail investors invest in Public Bank, they believe in Tan Sri Teh Hiong Piow. When you invest in Hartalega, you believe in the management of Mr Kuan & family to do the right thing.    We know Supermax pride itself of being an OBM player. During the height of pandemic, they were first to hike ASP to sky high levels. At one point as high as USD 150-160 per carton (not blended ASP). Supermax reduced OEM, cut out middleman and distributors but go direct to end consumers or clients. Many praised Supermax and hence invested in them. Research houses said " OBM model paid off handsomely" . Shower of praises keep pouring in. What happened overnight? Why the negativity all around?    Well, OBM is a double edge sword. Life is also a cycle. What goes around comes around. In times of need, hiking ASP astronomically and cutting out distributors allow the company to maximise profits. Similarly, when times are less dire, customers need not take at such exorbitant prices. However, as Supermax focused on spot rates, losing OEM clients with long term contracts, the impact starts to kick in and faster than their peers.    Hartalega, Kossan & Riverstone had the foresight to be gentleman and considerate in taking care of their clients. They were slow to hike rates, they ensure all existing clients can secure allocations. Even spot rates did not take up large portion of their total capacity. They allowed distributors, middleman, OEM clients to make fat margins (sharing profits with them). If you are the client, who would you go to now if you want to buy your products? This is why Hartalega ASP is rising and in Supermax own statement " Spot rate prices have fallen below contract prices" . Supermax is not a representation of Hartalega, Kossan or Riverstone. It never was and never will be. The business model and management philosophy is different. Retail investors must distinguish fact from fiction.
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ss2017. Supreme	06-May-2021 15:46        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	It seems initially they queued sell about 500 lots yesterday at each pip level. Now today they queue buy about 900 lots at each level. Each level takes 1 hour to go down the spiral. Who are these people. May be SGX knows it... Haha
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tonyja Elite	06-May-2021 15:44        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tradeview Commentaries - Supermax DOES NOT Represent Hartalega, Riverstone or Kossan   Seeing the title, you may be wondering, Supermax is part of the Big 4, how can it not be a representation of the glove sector and other peers. Do have a little patience and read on.  I believe Malaysia investors are the most savvy when it comes to the glove sector. Many know quite a lot about gloves, ASP, buying / selling trends, pros & cons. So all these need not require further explanation. The only 2 common issues I come across that most investors differ upon is their preference of the glove companies and the valuation.    Ex: I noticed quite a clear distinction. Those who like to invest in Top Glove and Supermax generally do not invest in Hartalega and Kossan. Vice versa. The question is why? Well the most common reason I hear retail investors highlighting is that " ASP of Supermax is highest followed by Top Glove" , " Supermax and Top Glove share price always surge like rocket unlike Hartalega and Kossan" etc. A few prominent investors even use PER to justify, Supermax is the cheapest glove company amongst all. It is for this reason, retail investors seem to like Supermax and Top Glove more than the others.    Now, this is where I would share a different perspective. I have always highlighted my favourite glove companies would be Hartalega and Riverstone. Sri Trang Agro and Kossan is close by. The main reason I like Hartalega and Riverstone is because of the high level of efficiency, productivity, ESG compliant and innovation / market leader in their respective area. I even called Hartalega, the " True King of Nitrile Glove" . Why? Because being a champion in the particular product or sector the metric to measure is not solely capacity. Biggest volume dont make you the king. Your quality, innovation and pioneering initiatives is what sets apart the Tier 1 from the others. If we sum up everything, it comes down to the management. When you invest in Berkshire Hathaway, I believe 90% of the investors invest because they believe in Warren Buffet & Charlie Munger, not because of the companies that Berkshire Hathaway owns. When local retail investors invest in Public Bank, they believe in Tan Sri Teh Hiong Piow. When you invest in Hartalega, you believe in the management of Mr Kuan & family to do the right thing.    We know Supermax pride itself of being an OBM player. During the height of pandemic, they were first to hike ASP to sky high levels. At one point as high as USD 150-160 per carton (not blended ASP). Supermax reduced OEM, cut out middleman and distributors but go direct to end consumers or clients. Many praised Supermax and hence invested in them. Research houses said " OBM model paid off handsomely" . Shower of praises keep pouring in. What happened overnight? Why the negativity all around?    Well, OBM is a double edge sword. Life is also a cycle. What goes around comes around. In times of need, hiking ASP astronomically and cutting out distributors allow the company to maximise profits. Similarly, when times are less dire, customers need not take at such exorbitant prices. However, as Supermax focused on spot rates, losing OEM clients with long term contracts, the impact starts to kick in and faster than their peers.    Hartalega, Kossan & Riverstone had the foresight to be gentleman and considerate in taking care of their clients. They were slow to hike rates, they ensure all existing clients can secure allocations. Even spot rates did not take up large portion of their total capacity. They allowed distributors, middleman, OEM clients to make fat margins (sharing profits with them). If you are the client, who would you go to now if you want to buy your products? This is why Hartalega ASP is rising and in Supermax own statement " Spot rate prices have fallen below contract prices" . Supermax is not a representation of Hartalega, Kossan or Riverstone. It never was and never will be. The business model and management philosophy is different. Retail investors must distinguish fact from fiction.
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shareabc Member	06-May-2021 15:42        shareabc About Contact  Quote this Post!
x 0   x 0  Alert Admin	buy volunm 100k at 1.03 vs sell volunm 200m at 1.04. someone playing exactly same game like yesterday, make price only can go down further, heading to 90+ soon?
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FreeEagle Member	06-May-2021 15:42        FreeEagle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Postings should be responsible. If  Admin does not take action, next course of action is stop giving his postings the limelight.   Will just simply ignore his posts from now on. tonyja      ( Date: 06-May-2021 15:20) Posted: But admin eating snake. Send them so many time admin nvr reply  desmondxyz      ( Date: 06-May-2021 14:53) Posted: Report him to admi
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tonyja Elite	06-May-2021 15:20        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	But admin eating snake. Send them so many time admin nvr reply  desmondxyz      ( Date: 06-May-2021 14:53) Posted: Report him to admin MTHIT5      ( Date: 06-May-2021 14:46) Posted: Do not  take this jesmarnew  seriously, yesterday just shouted buy at 1.20, after sold, now shout 50c with fake news.
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Longtermer Elite	06-May-2021 14:55        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Exactly. Just by looking at the REAL TIME covid cases worldwide. It is just as high if not more than the previous peak in Jan / Feb period. It is true. Go n check it out. Imo, the market has jumped the gun over vaccination and the resulted quick recovery of the pandemic. It is not easy to control due to human habits, cultures and politics unfortunately and it will take at least 1 to 2 more years before we return to normacy if ever possible. . PPE and medical supplies elevated demands are there. In fact some huge orders came in recently for Medtecs as mentioned by the CEO during the AGM. Yes, I am still heavily vested (like many bros here) in this net cash company with good earnings visibility for years to come. Dyodd as always. Be steady and Huat   ss2017.      ( Date: 06-May-2021 14:36) Posted: Actually PPE and related medical industries doing well is good for virus control. What you worry is world wide shortage of medical supplies. People fighting for gloves and masks... Look at India and Nepal daily situation now is very worrisome. Not the end of the tunnel yet. Sad. Go there take a look.
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desmondxyz Veteran	06-May-2021 14:53        desmondxyz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Report him to admin MTHIT5      ( Date: 06-May-2021 14:46) Posted: Do not  take this jesmarnew  seriously, yesterday just shouted buy at 1.20, after sold, now shout 50c with fake news.
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MTHIT5 Member	06-May-2021 14:46        MTHIT5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do not  take this jesmarnew  seriously, yesterday just shouted buy at 1.20, after sold, now shout 50c with fake news.
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ss2017. Supreme	06-May-2021 14:36        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually PPE and related medical industries doing well is good for virus control. What you worry is world wide shortage of medical supplies. People fighting for gloves and masks... Look at India and Nepal daily situation now is very worrisome. Not the end of the tunnel yet. Sad. Go there take a look.
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lailai Elite	06-May-2021 14:30        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kongsi' s eps is 32c, selling at 50c will be btw LH to RH if it ever happen under current situation. Institutions and funds will be paying huge sums to these LH to RH kakias to buy for them. Maybe if the kongsi dilute their shares with stock split of 1 to 2 or 3, then can lah. Imo, the mutants or variants of the covid-19 are highly dangerous and intelligent, and can made vaccines obsolete by the time they are produced commercially. That is sad, the world has to fight this common enemy together, and not against one another. Just pray and pray. ss2017.      ( Date: 06-May-2021 13:54) Posted: With suppression 95c in short term is possible. If 50c which means we have found vaccines for triple mutants and India, Nepal covid-19 cases suddenly disappearing. They need time especially India , with effort and will power to fight common natural enemies: viruses, not human enemies. jesmarnew      ( Date: 06-May-2021 13:48) Posted: Massive write off ahead as facing headwind of PPE expiry!!! TP lowered to 50 cts!!!
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FreeEagle Member	06-May-2021 14:23        FreeEagle About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is very irresponsible posting. jimmysum      ( Date: 06-May-2021 14:16) Posted: Precisely! Totally agreed. Guess he is spreading fear Longtermer      ( Date: 06-May-2021 14:13) Posted: PPE expiry? There are not enough PPE.. how can then these PPE expired? Does not add up bro.. try harder leh. If expired, then Medtecs will need to replenish more for their clients.. this is what stockpiling strategy proposed by the company. To prevent expired PPE for gov bodies in their stockpile for pandemic situation. Dyodd.
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tonyja Elite	06-May-2021 14:20        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	Relative to Msian Gloves Counters, STA is   considered a SAFE HAVEN HYBRID STOCK as STA is both RUBBER/GLOes PLAY all in one. However DUE DILIGENCE IS SERIOUSLY WARRANTED  tonyja      ( Date: 06-May-2021 09:21) Posted: Supermax: Rubber glove spot prices on downtrend, fall 15% to 25% /  May 05, 2021 19:20 pm +08 Supermax: Rubber glove spot prices on downtrend, fall 15% to 25% KUALA LUMPUR (May 5): As more new capacities are available in the market, rubber glove prices have started falling, said Supermax Corp Bhd. " The glove prices have since dropped by between 15% and 25%. Currently, the spot market prices are lower than the contracted prices," said the rubber glove maker in its quarterly results' announcement. The group, which posted a net profit of RM1 billion for the third quarter ended March 31, 2021 (3QFY21), said it anticipates the competition to intensify going forward. There have been more new glove players jumping on the bandwagon in view of the surge in demand. In addition, the current players are increasing capacities in a large scale, especially players who are public-listed companies based in China, Malaysia and Thailand, Supermax commented. " We are confident that our sound business model and well-established distribution networks built up since 1989 have prepared us well for all challenges ahead," it said. On prospects, the group said the demand for gloves as personal protective equipment remains strong as the world continues to fight the Covid-19 pandemic. While it is widely expected that the roll-out of Covid-19 vaccines will cause glove demand and consumption to moderate, the company believes that the drop will likely be gradual due to the structural changes in consumption, such as new consumption, new customers and greatly heightened healthcare and hygiene awareness. Supermax announced a quarterly net profit of RM1 billion for 3QFY21, 5.2% lower compared with RM1.06 billion recorded in 2QFY21. Its quarter revenue fell 3% to RM1.94 billion in 3QFY21 compared with RM2 billion in 2QFY21. Supermax commented its earnings would have been even better if not for the temporary shutdown of its Meru plants for sanitisation following detection of positive Covid-19 cases among the foreign workers. According to Supermax, the group currently exports 58% of production under its own brands via its own distribution centres and 40% through independent distributors the remaining 2% is for original equipment manufacturer (OEM) production. " Due to the current robust demand, we are taking the opportunity to build new relationships with new customers and distributors in anticipation that they will continue with repeat orders post pandemic," it said.
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Spike18 Member	06-May-2021 14:20        Spike18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What a joke ? The products are sold before they are produce.  Expiry date is not Medtec' s problem. This is a indication that one should buy more ! As some one is looking to buy but want a lower price. jimmysum      ( Date: 06-May-2021 14:16) Posted: Precisely! Totally agreed. Guess he is spreading fear Longtermer      ( Date: 06-May-2021 14:13) Posted: PPE expiry? There are not enough PPE.. how can then these PPE expired? Does not add up bro.. try harder leh. If expired, then Medtecs will need to replenish more for their clients.. this is what stockpiling strategy proposed by the company. To prevent expired PPE for gov bodies in their stockpile for pandemic situation. Dyodd.
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jimmysum Member	06-May-2021 14:16        jimmysum About Contact  Quote this Post!
x 0   x 0  Alert Admin	Precisely! Totally agreed. Guess he is spreading fear Longtermer      ( Date: 06-May-2021 14:13) Posted: PPE expiry? There are not enough PPE.. how can then these PPE expired? Does not add up bro.. try harder leh. If expired, then Medtecs will need to replenish more for their clients.. this is what stockpiling strategy proposed by the company. To prevent expired PPE for gov bodies in their stockpile for pandemic situation. Dyodd.   jesmarnew      ( Date: 06-May-2021 13:48) Posted: Massive write off ahead as facing headwind of PPE expiry!!! TP lowered to 50 cts!!!
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Longtermer Elite	06-May-2021 14:13        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	PPE expiry? There are not enough PPE.. how can then these PPE expired? Does not add up bro.. try harder leh. If expired, then Medtecs will need to replenish more for their clients.. this is what stockpiling strategy proposed by the company. To prevent expired PPE for gov bodies in their stockpile for pandemic situation. Dyodd.   jesmarnew      ( Date: 06-May-2021 13:48) Posted: Massive write off ahead as facing headwind of PPE expiry!!! TP lowered to 50 cts!!!
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jimmysum Member	06-May-2021 14:13        jimmysum About Contact  Quote this Post!
x 0   x 0  Alert Admin	I tried searching online but couldn' t find this news. Are you able to share the news here? so that we are able to read and find out more on this announced news? shareabc      ( Date: 06-May-2021 13:59) Posted: yes, please do not mind to share your source of new? thanks alot FreeEagle      ( Date: 06-May-2021 13:56) Posted: Can I know where you get this news? Can we stick to facts
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shareabc Member	06-May-2021 13:59        shareabc About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes, please do not mind to share your source of new? thanks alot FreeEagle      ( Date: 06-May-2021 13:56) Posted: Can I know where you get this news? Can we stick to facts? jesmarnew      ( Date: 06-May-2021 13:48) Posted: Massive write off ahead as facing headwind of PPE expiry!!! TP lowered to 50 cts!!!
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FreeEagle Member	06-May-2021 13:56        FreeEagle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can I know where you get this news? Can we stick to facts? jesmarnew      ( Date: 06-May-2021 13:48) Posted: Massive write off ahead as facing headwind of PPE expiry!!! TP lowered to 50 cts!!!
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ss2017. Supreme	06-May-2021 13:54        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	With suppression 95c in short term is possible. If 50c which means we have found vaccines for triple mutants and India, Nepal covid-19 cases suddenly disappearing. They need time especially India , with effort and will power to fight common natural enemies: viruses, not human enemies. jesmarnew      ( Date: 06-May-2021 13:48) Posted: Massive write off ahead as facing headwind of PPE expiry!!! TP lowered to 50 cts!!!
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