Highlights
KLSE: SUPERMX (7106)       SUPERMAX CORPORATION BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
0.82   -0.005 (0.61%)  0.81 - 0.82  826,500
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Financials


Market Cap: 2,231 Million

Market Cap 2,231 Million
NOSH 2,721 Million

Latest Audited Result:  30-Jun-2023

Latest Audited Result: 30-Jun-2023
Announcement Date 31-Oct-2023
Next Audited Result: 30-Jun-2024
Est. Ann. Date: 31-Oct-2024
Est. Ann. Due Date: 27-Dec-2024

Latest Quarter:  31-Dec-2023 [#2]

Latest Quarter: 31-Dec-2023 [#2]
Announcement Date 20-Feb-2024
Next Quarter: 31-Mar-2024
Est. Ann. Date: 18-May-2024
Est. Ann. Due Date: 30-May-2024
QoQ | YoY   -2,060.79%  |    58.95%

Annual (Unaudited) ( EPS: -5.49, P/E: -14.93 )

Revenue | NP to SH 821,856  |  -149,448
RPS | P/RPS 30.21 Cent  |  2.71
EPS | P/E | EY -5.49 Cent  |  -14.93  |  -6.70%
DPS | DY | Payout % 3.39 Cent  |  4.13%  |  - %
NAPS | P/NAPS 1.72  |  0.48
YoY   -120.40%
NP Margin | ROE -21.87%  |  -3.20%
F.Y. | Ann. Date 30-Jun-2023  |  29-Aug-2023

T4Q Result ( EPS: -3.44, P/E: -23.86 )

Revenue | NP to SH 722,623  |  -93,504
RPS | P/RPS 26.56 Cent  |  3.09
EPS | P/E | EY -3.44 Cent  |  -23.86  |  -4.19%
DPS | DY | Payout % 3.41 Cent  |  4.16%  |  - %
NAPS | P/NAPS 1.67  |  0.49
QoQ | YoY   40.52%  |    -66.10%
NP Margin | ROE -17.37%  |  -2.06%
F.Y. | Ann. Date 31-Dec-2023  |  20-Feb-2024

Annualized Result ( EPS: -3.41, P/E: -24.03 )

Revenue | NP to SH 647,032  |  -92,828
RPS | P/RPS 23.78 Cent  |  3.45
EPS | P/E | EY -3.41 Cent  |  -24.03  |  -4.16%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -1,030.39%  |    54.66%
NP Margin | ROE -15.97%  |  -2.05%
F.Y. | Ann. Date 31-Dec-2023  |  20-Feb-2024


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Jun-2024 20-Feb-2024 31-Dec-2023 2 145,553 -63,245 -50,258 -44,361 - 4,533,971 - % -34.53% -0.98% 2,576,120 5.65 5.35 -1.72 -1.63 0.00 0.00 1.7600 1.67   -2,060.79%   58.95% 29-Dec-2023 0.94 16.64 -54.59 0.53 -1.83% 0.00% 20-Feb-2024 0.92 16.28 -53.43 0.52 -1.87% 0.00%
30-Jun-2024 29-Nov-2023 30-Sep-2023 1 177,963 3,145 -1,402 -2,053 - 4,611,254 - % -0.79% -0.04% 2,576,120 6.91 6.54 -0.08 -0.08 0.00 0.00 1.7900 1.69   71.37%   -135.95% 29-Sep-2023 0.83 12.01 -1,041.49 0.46 -0.10% 0.00% 29-Nov-2023 1.03 14.91 -1,292.45 0.58 -0.08% 0.00%
30-Jun-2023 29-Aug-2023 30-Jun-2023 4 223,365 -23,028 -30,074 -7,172 - 4,666,810 - % -13.46% -0.15% 2,636,616 8.47 8.21 -0.27 -0.26 0.00 0.00 1.7700 1.72   82.03%   -121.70% 30-Jun-2023 0.80 9.44 -294.10 0.45 -0.34% 0.00% 29-Aug-2023 0.785 9.27 -288.59 0.44 -0.35% 0.00%
30-Jun-2023 18-May-2023 31-Mar-2023 3 175,742 -74,976 -43,793 -39,918 92,761 4,638,053 - % -24.92% -0.86% 2,650,316 6.63 6.46 -1.51 -1.47 3.50 3.41 1.7500 1.70   63.06%   -406.85% 31-Mar-2023 0.925 13.95 -61.41 0.53 -1.63% 3.78% 18-May-2023 0.995 15.01 -66.06 0.57 -1.51% 3.52%
30-Jun-2023 20-Feb-2023 31-Dec-2022 2 174,785 -104,805 -110,379 -108,068 - 4,669,251 - % -63.15% -2.31% 2,652,984 6.59 6.42 -4.07 -3.97 0.00 0.00 1.7600 1.72   -1,992.61%   -325.89% 30-Dec-2022 0.87 13.21 -21.36 0.49 -4.68% 0.00% 20-Feb-2023 0.83 12.60 -20.38 0.47 -4.91% 0.00%
30-Jun-2023 22-Nov-2022 30-Sep-2022 1 247,964 6,103 4,528 5,710 - 4,949,659 - % 1.83% 0.12% 2,661,107 9.32 9.11 0.21 0.21 0.00 0.00 1.8600 1.82   -82.73%   -99.11% 30-Sep-2022 0.675 7.24 314.58 0.36 0.32% 0.00% 22-Nov-2022 0.91 9.77 424.10 0.49 0.24% 0.00%
30-Jun-2022 22-Aug-2022 30-Jun-2022 4 300,226 29,174 32,281 33,054 79,315 4,811,818 239.96% 10.75% 0.69% 2,643,856 11.36 11.04 1.25 1.21 3.00 2.92 1.8200 1.77   154.09%   -96.55% 30-Jun-2022 0.875 7.71 69.99 0.48 1.43% 3.43% 22-Aug-2022 0.775 6.82 61.99 0.43 1.61% 3.87%
30-Jun-2022 25-May-2022 31-Mar-2022 3 407,799 18,280 15,810 13,009 79,104 4,772,629 608.07% 3.88% 0.27% 2,636,812 15.47 14.99 0.49 0.48 3.00 2.91 1.8100 1.75   -72.81%   -98.71% 31-Mar-2022 1.18 7.63 239.18 0.65 0.42% 2.54% 25-May-2022 1.03 6.66 208.77 0.57 0.48% 2.91%
30-Jun-2022 22-Feb-2022 31-Dec-2021 2 523,542 91,946 56,658 47,841 - 4,921,161 - % 10.82% 0.97% 2,617,639 20.00 19.24 1.83 1.76 0.00 0.00 1.8800 1.81   -92.51%   -95.48% 31-Dec-2021 1.47 7.35 80.43 0.78 1.24% 0.00% 22-Feb-2022 1.09 5.45 59.64 0.58 1.68% 0.00%
30-Jun-2022 19-Nov-2021 30-Sep-2021 1 1,455,660 930,851 666,327 638,524 129,795 4,958,201 20.33% 45.77% 12.88% 2,595,917 56.07 53.50 24.60 23.47 5.00 4.77 1.9100 1.82   -33.40%   -19.12% 30-Sep-2021 2.39 4.26 9.72 1.25 10.29% 2.09% 1.73 3.09 7.03 0.91 14.22% 2.89%
30-Jun-2021 26-Aug-2021 30-Jun-2021 4 1,875,482 1,230,578 1,011,620 958,714 389,387 4,724,569 40.62% 53.94% 20.29% 2,595,917 72.25 68.94 36.93 35.24 15.00 14.31 1.8200 1.74   -4.63%   139.91% 30-Jun-2021 3.30 4.57 8.94 1.81 11.19% 4.55% 26-Aug-2021 3.08 4.26 8.34 1.69 11.99% 4.87%
30-Jun-2021 05-May-2021 31-Mar-2021 3 1,937,516 1,342,294 1,022,327 1,005,212 336,531 4,090,149 33.48% 52.76% 24.58% 2,588,702 74.85 71.22 38.83 36.95 13.00 12.37 1.5800 1.50   -5.12%   1,314.68% 31-Mar-2021 3.81 5.09 9.81 2.41 10.19% 3.41% 05-May-2021 5.57 7.44 14.34 3.53 6.97% 2.33%
30-Jun-2021 29-Jan-2021 31-Dec-2020 2 1,998,645 1,397,240 1,079,700 1,059,463 97,854 3,244,657 9.24% 54.02% 32.65% 2,575,125 77.61 73.46 41.14 38.94 3.80 3.60 1.2600 1.19   34.19%   3,412.23% 31-Dec-2020 6.01 7.74 14.61 4.77 6.85% 0.63% 29-Jan-2021 6.80 8.76 16.53 5.40 6.05% 0.56%
30-Jun-2021 27-Oct-2020 30-Sep-2020 1 1,352,537 1,049,242 812,485 789,516 - 2,116,844 - % 60.07% 37.30% 2,581,518 52.39 49.71 30.58 29.02 0.00 0.00 0.8200 0.78   97.57%   3,090.35% 30-Sep-2020 8.42 16.07 27.53 10.27 3.63% 0.00% 27-Oct-2020 9.78 18.67 31.98 11.93 3.13% 0.00%
30-Jun-2020 10-Aug-2020 30-Jun-2020 4 929,124 519,007 408,270 399,618 - 1,542,053 - % 43.94% 25.91% 1,306,825 71.10 34.15 30.58 14.69 0.00 0.00 1.1800 0.57   462.40%   2,553.68% 30-Jun-2020 8.00 11.25 26.16 6.78 3.82% 0.00% 10-Aug-2020 21.20 29.82 69.33 17.97 1.44% 0.00%
30-Jun-2020 20-May-2020 31-Mar-2020 3 447,247 95,277 72,349 71,056 - 1,205,080 - % 16.18% 5.90% 1,309,870 34.14 16.44 5.42 2.61 0.00 0.00 0.9200 0.44   135.56%   105.26% 31-Mar-2020 1.69 4.95 31.15 1.84 3.21% 0.00% 20-May-2020 4.59 13.44 84.61 4.99 1.18% 0.00%
30-Jun-2020 25-Feb-2020 31-Dec-2019 2 385,497 41,829 30,022 30,165 - 1,122,841 - % 7.79% 2.69% 1,305,630 29.53 14.17 2.31 1.11 0.00 0.00 0.8600 0.41   21.89%   -20.90% 31-Dec-2019 1.39 4.71 60.16 1.62 1.66% 0.00% 25-Feb-2020 1.65 5.59 71.42 1.92 1.40% 0.00%
30-Jun-2020 28-Nov-2019 30-Sep-2019 1 369,941 32,443 24,960 24,747 - 1,156,278 - % 6.75% 2.14% 1,360,328 27.19 13.60 1.89 0.91 0.00 0.00 0.8500 0.43   64.33%   -31.15% 30-Sep-2019 1.60 5.88 87.95 1.88 1.14% 0.00% 28-Nov-2019 1.42 5.22 78.06 1.67 1.28% 0.00%
30-Jun-2019 30-Aug-2019 30-Jun-2019 4 375,964 16,198 14,004 15,059 - 1,087,889 - % 3.72% 1.38% 1,310,710 28.68 13.82 1.15 0.55 0.00 0.00 0.8300 0.40   -56.50%   53.02% 28-Jun-2019 1.67 5.82 145.35 2.01 0.69% 0.00% 30-Aug-2019 1.49 5.19 129.69 1.80 0.77% 0.00%
30-Jun-2019 14-May-2019 31-Mar-2019 3 361,199 49,416 34,963 34,617 - 1,062,159 - % 9.68% 3.26% 1,311,308 27.54 13.28 2.64 1.27 0.00 0.00 0.8100 0.39   -9.23%   3.72% 29-Mar-2019 1.47 5.34 55.68 1.81 1.80% 0.00% 14-May-2019 1.48 5.37 56.06 1.83 1.78% 0.00%
30-Jun-2019 12-Feb-2019 31-Dec-2018 2 385,101 54,317 38,721 38,136 9,834 1,049,046 25.79% 10.05% 3.64% 655,654 58.74 14.15 5.82 1.40 1.50 0.36 1.6000 0.39   6.10%   6.22% 31-Dec-2018 3.48 5.92 59.83 2.18 1.67% 0.43% 12-Feb-2019 1.60 2.72 27.51 1.00 3.64% 0.94%
30-Jun-2019 01-Nov-2018 30-Sep-2018 1 367,052 52,676 35,969 35,942 - 1,022,820 - % 9.80% 3.51% 655,654 55.98 13.49 5.48 1.32 0.00 0.00 1.5600 0.38   265.23%   28.82% 28-Sep-2018 3.24 5.79 59.10 2.08 1.69% 0.00% 01-Nov-2018 3.24 5.79 59.10 2.08 1.69% 0.00%
30-Jun-2018 29-Aug-2018 30-Jun-2018 4 329,456 23,444 11,487 9,841 13,180 1,028,064 133.93% 3.49% 0.96% 659,016 49.99 12.11 1.49 0.36 2.00 0.48 1.5600 0.38   -70.51%   17.93% 29-Jun-2018 4.17 8.34 279.25 2.67 0.36% 0.48% 29-Aug-2018 3.92 7.84 262.51 2.51 0.38% 0.51%
30-Jun-2018 28-May-2018 31-Mar-2018 3 327,069 45,454 34,091 33,376 19,803 1,062,814 59.34% 10.42% 3.14% 660,133 49.55 12.02 5.06 1.23 3.00 0.73 1.6100 0.39   -7.04%   68.96% 30-Mar-2018 2.53 5.11 50.04 1.57 2.00% 1.19% 28-May-2018 3.23 6.52 63.89 2.01 1.57% 0.93%
30-Jun-2018 14-Feb-2018 31-Dec-2017 2 335,914 57,634 37,299 35,903 19,869 1,053,093 55.34% 11.10% 3.41% 662,323 50.72 12.35 5.42 1.32 3.00 0.73 1.5900 0.39   28.68%   59.07% 29-Dec-2017 2.00 3.94 36.90 1.26 2.71% 1.50% 14-Feb-2018 2.20 4.34 40.58 1.38 2.46% 1.36%
30-Jun-2018 21-Nov-2017 30-Sep-2017 1 312,021 40,655 28,094 27,901 - 1,064,264 - % 9.00% 2.62% 665,165 46.91 11.47 4.19 1.03 0.00 0.00 1.6000 0.39   234.34%   42.81% 29-Sep-2017 1.70 3.62 40.53 1.06 2.47% 0.00% 21-Nov-2017 1.99 4.24 47.44 1.24 2.11% 0.00%
30-Jun-2017 29-Aug-2017 30-Jun-2017 4 312,585 36,042 12,076 8,345 - 1,052,063 - % 3.86% 0.79% 670,104 46.65 11.49 1.25 0.31 0.00 0.00 1.5700 0.39   -57.76%   22.96% 30-Jun-2017 1.99 4.27 159.80 1.27 0.63% 0.00% 29-Aug-2017 1.81 3.88 145.34 1.15 0.69% 0.00%
30-Jun-2017 30-May-2017 31-Mar-2017 3 308,226 20,894 19,289 19,754 16,772 1,046,594 84.91% 6.26% 1.89% 670,894 45.94 11.33 2.94 0.73 2.50 0.62 1.5600 0.38   -12.48%   0.43% 31-Mar-2017 1.99 4.33 67.59 1.28 1.48% 1.26% 30-May-2017 2.00 4.35 67.92 1.28 1.47% 1.25%
30-Jun-2017 24-Feb-2017 31-Dec-2016 2 236,737 26,985 22,122 22,571 - 1,053,886 - % 9.34% 2.14% 671,265 35.27 8.70 3.36 0.83 0.00 0.00 1.5700 0.39   15.53%   -41.86% 30-Dec-2016 2.11 5.98 62.75 1.34 1.59% 0.00% 24-Feb-2017 2.06 5.84 61.26 1.31 1.63% 0.00%
30-Jun-2017 29-Nov-2016 30-Sep-2016 1 269,002 26,488 19,813 19,537 - 1,027,551 - % 7.37% 1.90% 676,020 39.79 9.89 2.89 0.72 0.00 0.00 1.5200 0.38   187.86%   -49.20% 30-Sep-2016 2.18 5.48 75.43 1.43 1.33% 0.00% 29-Nov-2016 2.23 5.60 77.16 1.47 1.30% 0.00%
30-Jun-2016 29-Aug-2016 30-Jun-2016 4 266,539 34,783 6,859 6,787 13,574 1,031,623 200.00% 2.57% 0.66% 678,700 39.27 9.80 1.00 0.25 2.00 0.50 1.5200 0.38   -65.50%   - % 30-Jun-2016 2.15 0.00 0.00 1.43 0.00% 0.00% 29-Aug-2016 2.12 0.00 0.00 1.41 0.00% 0.00%
30-Jun-2016 27-May-2016 31-Mar-2016 3 225,002 33,484 20,270 19,670 13,612 1,054,965 69.20% 9.01% 1.86% 680,622 33.06 8.27 2.89 0.72 2.00 0.50 1.5500 0.39   -49.33%   - % 31-Mar-2016 2.58 0.00 0.00 2.58 0.00% 0.00% 27-May-2016 2.57 0.00 0.00 2.57 0.00% 0.00%
30-Jun-2016 26-Feb-2016 31-Dec-2015 2 290,737 46,263 38,285 38,820 13,597 1,033,387 35.03% 13.17% 3.76% 679,859 42.76 10.69 5.71 1.43 2.00 0.50 1.5200 0.38   0.95%   168.43% 31-Dec-2015 3.24 0.00 0.00 3.24 0.00% 0.00% 26-Feb-2016 2.92 0.00 0.00 2.92 0.00% 0.00%
30-Jun-2016 26-Nov-2015 30-Sep-2015 1 309,868 48,327 38,344 38,455 - 1,054,960 - % 12.37% 3.65% 680,619 45.53 11.39 5.65 1.41 0.00 0.00 1.5500 0.39   55.42%   38.26% 30-Sep-2015 2.03 0.00 0.00 2.03 0.00% 0.00% 26-Nov-2015 2.29 0.00 0.00 2.29 0.00% 0.00%
30-Jun-2016 26-Aug-2015 30-Jun-2015 229,382 29,538 24,956 24,743 13,595 978,843 54.95% 10.88% 2.53% 679,752 33.74 8.43 3.64 0.91 2.00 0.50 1.4400 0.36   -0.82%   -7.54% 30-Jun-2015 2.07 6.13 56.87 1.44 1.76% 0.97% 26-Aug-2015 2.24 6.64 61.54 1.56 1.63% 0.89%
30-Jun-2016 25-May-2015 31-Mar-2015 223,208 28,227 24,759 24,947 - 972,049 - % 11.09% 2.57% 679,754 32.84 8.20 3.67 0.92 0.00 0.00 1.4300 0.36   72.50%   -6.20% 31-Mar-2015 2.10 6.40 57.22 1.47 1.75% 0.00% 25-May-2015 1.94 5.91 52.86 1.36 1.89% 0.00%
31-Dec-2014 02-Mar-2015 31-Dec-2014 255,628 31,513 14,462 14,462 20,405 680,169 141.09% 5.66% 2.13% 680,169 37.58 9.40 2.13 0.53 3.00 0.75 1.0000 0.25   -48.00%   -42.25% 31-Dec-2014 1.68 4.47 79.01 1.68 1.27% 1.79% 02-Mar-2015 2.05 5.45 96.41 2.05 1.04% 1.46%
31-Dec-2014 07-Nov-2014 30-Sep-2014 278,383 32,382 27,508 27,814 13,599 951,999 48.90% 9.88% 2.92% 679,999 40.94 10.23 4.09 1.02 2.00 0.50 1.4000 0.35   3.93%   -22.32% 30-Sep-2014 2.20 5.37 53.79 1.57 1.86% 0.91% 07-Nov-2014 2.33 5.69 56.96 1.66 1.76% 0.86%
31-Dec-2014 26-Aug-2014 30-Jun-2014 2 238,100 32,259 26,920 26,762 - 926,115 - % 11.31% 2.89% 680,966 34.96 8.75 3.93 0.98 0.00 0.00 1.3600 0.34   0.62%   -24.58% 30-Jun-2014 2.10 6.01 53.44 1.54 1.87% 0.00% 26-Aug-2014 2.24 6.41 57.00 1.65 1.75% 0.00%
31-Dec-2014 29-May-2014 31-Mar-2014 1 232,273 32,140 26,307 26,596 - 904,672 - % 11.33% 2.94% 680,204 34.15 8.54 3.91 0.98 0.00 0.00 1.3300 0.33   6.20%   -16.33% 31-Mar-2014 2.60 7.61 66.50 1.95 1.50% 0.00% 29-May-2014 2.38 6.97 60.87 1.79 1.64% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  99 people like this.
 
21/02/2024 11:38 AM
EatCoconutCanWin GG. Wait to average at 0.50
21/02/2024 11:47 AM
alenac The glove market not going anywhere but down. Prices in 2024 remained low.
Unfavourable outlook to persist in 2024, with continued squeeze on margins
On prospects, the group acknowledges that the rubber glove market remains lacklustre with an unfavorable outlook for 2024 due to ongoing demand-supply dynamics post-pandemic.

"At the two most recent large international trade shows, the takeaway was that the oversupply situation is expected to moderate gradually over an extended period as more and more smaller players exit the market, while bigger players scale back expansion and retire older factories and production lines.

"The industry is basically going through a consolidation stage at this time," the group said.

Moreover, the group notes that ASPs remain suppressed, with manufacturers from China proving to be daunting competitors and believed to have taken over the global leadership from Malaysia, at least in terms of pricing.

Supermax does not expect to see a significant improvement in performance for the rest of the year 2024 due to the high volume of high-priced stocks at its overseas distribution centers.
https://theedgemalaysia.com/node/701611
21/02/2024 12:11 PM
EngineeringProfit Good when cheap price.................I can buy back for another round of profit$
21/02/2024 1:58 PM
joyvest Sunset industry. No more cyber troops to hype on it....
21/02/2024 8:08 PM
SinGor Nvidia makes Graphic Card can put 800mil Transistors into a wafer the size of thumb nail ( This is High Tech )
While Super can add 200 Bangla for every factories they Built in Malaysia however China can add 200mil workers with No immigration problems
22/02/2024 11:51 AM
Adrian Tan Supermax’s CEO must also be made to be responsible on how its shares are performing on the exchange. He needs a good PR officer to help him sell to investors the company’s prospects. But first he needs to sack the person who, through the bad design & maintenance of its website makes it look like a 3rd class company with no hope. How I wish some big time investors can apply pressure on him to change things for the better!
26/02/2024 12:06 PM
younglean Ask him to sell his private jet and do share buyback 😆
27/02/2024 4:52 PM
younglean I predict it will move up when tg announces its qr nxt week
29/02/2024 7:52 PM
alenac While other industries recovering at full speed after the pandemic, the glove industry is in a doldrum. Until the next health crisis, the industry will remain stagnant at the foot of KLSE. The Edge looks at Supermax expansion to the States & does not think it will work out. A disaster in the making.

https://theedgemalaysia.com/node/703248
05/03/2024 10:47 AM
younglean The political reasons for Supermax’s expansion into the United States ...
05/03/2024 11:17 AM
Investor126 Speculating will only burden your wealth. Just apply a 16% discount on current price and that is my TP for the upcoming 3 more quarter.
06/03/2024 9:17 AM
myinvestor Reasons to Invest in American Manufacturing
ax Incentives
1.Tax incentives are a major contributor to the strength of American manufacturing. The government offers tax rebates and exemptions for companies that manufacture in the states. To take advantage of this incentive though, you either have to be a company that commissions an onshore manufacturer or be an onshore manufacturer acquiring materials.
Logistical Incentives
2.Logistical incentives for domestic manufacturing can also make a significant impact on a business’s bottom line. The US has an interconnected transport system of train, road, air, and sea travel options that make it easy to ship products anywhere. This includes shipping products around the world since the US is boarded on two sides by oceans, and the coasts are filled with ports that make sea access easier and cost-effective. For your company, this means lower costs when shipping manufactured products wherever they need to go
3. A Reputation for Innovation and Quality
The main reason why companies choose to invest in American manufacturing is because of our reputation for innovation and quality across many industries. The US is known for designing products to high-quality standards, while offshore manufacturing has a reputation for using cheap and low-quality materials.
4. Access to a Skilled Workforce
The quality in US manufacturing comes from investments in technology, development, and a quality workforce. The US has a universal education system that puts it ahead of many other manufacturing centers around the world. A higher educated and tech-savvy workforce makes it easier for manufacturing companies to recruit better talent. More talented workers mean improved manufacturing processes and outcomes.
5. Compliance With Environmental Regulations
Finally, the US is largely committed to environmental protection when it comes to manufacturing. Government regulations for pollution and environmental impact are stricter here in the US than in most places overseas.
The drive for greater sustainability is not only important to the longevity of your business but is also increasingly important to customers

https://msipipeprotection.com/reasons-to-invest-in-american-manufacturing/
06/03/2024 11:02 AM
alenac Whatever the reason to build a glove plant in America, the end product must be cheaper than in China & Malaysia. A glove plant is not a high-tech value-added industry where the margin is super high. The reason most industries seeking low cost goes to emerging economies & China.
06/03/2024 8:38 PM
myinvestor https://splash247.com/first-casualties-feared-in-red-sea-shipping-crisis-as-crew-abandon-missile-struck-bulker/
First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker.

Supermax setup factory in USA is step to right direction. In future Spmx will able diverge the shipments from North America to Europe customers despite the red sea shipping crisis..
07/03/2024 10:10 AM
tradek Any idea when the factory will start commissioning and start shipping?

myinvestor

https://splash247.com/first-casualties-feared-in-red-sea-shipping-crisis-as-crew-abandon-missile-struck-bulker/
First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker.

Supermax setup factory in USA is step to right direction. In future Spmx will able diverge the shipments from North America to Europe customers despite the red sea shipping crisis..
07/03/2024 10:25 AM
alenac myinvestor, you must be a rep of Stanley? Let us have a glimpse of the US factory projections of sales. profit and its assumptions.
myinvestor
https://splash247.com/first-casualties-feared-in-red-sea-shipping-crisis-as-crew-abandon-missile-struck-bulker/
First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker.

Supermax setup factory in USA is step to right direction. In future Spmx will able diverge the shipments from North America to Europe customers despite the red sea shipping crisis..

16 minutes ago
07/03/2024 10:30 AM
younglean Glove stocks moving up instead 😆

https://www.thestar.com.my/business/business-news/2024/03/07/no-v-shaped-recovery-for-glove-sector-in-2024
07/03/2024 7:11 PM
myinvestor Global Disposable Medical Gloves Market size was valued at USD 4,147 Million in 2021 and is projected to reach USD 8,485 Million by 2028, growing at a CAGR of 9.63% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.
Disposable Medical Gloves Market Players Analysis:

Berhad Supermax Corporation
Berhad Kossan Rubber Industries Bhd.
Cardinal Health Semperit AG
Ansell Ltd.
Top Glove Corporation
Bhd Hartalega Holdings
Holding Rubberex Dynarex Corporation
B. Braun Melsungen AG

Supermax ranking no.1 in the analysis

08/03/2024 10:47 AM
myinvestor https://www.intellectualmarketinsights.com/report/disposable-medical-gloves-market-size/imi-000593
08/03/2024 10:49 AM
alenac So what are you trying to say? Right now there are sizeable stocks not absorbed by the market till 2026.
08/03/2024 11:07 AM
myinvestor Maxter healthcare inc Texas, factory buildings electricity are connected already. Latest photo updates 6 hours ago. It seem SPMX factory could be ready for production probably in 2nd quarter.
https://www.google.com/maps/uv?pb=!1s0x8640f5195aae5cc9:0x257cd588fa38ea3b!3m1!7e115!4s/maps/place/maxter%2Bhealthcare%2Binc%2Btexas/@29.3746661,-95.4416161,3a,75y,220.65h,90t/data%3D*213m4*211e1*213m2*211s_oOhETf48TjQ4BeUmqmBZg*212e0*214m2*213m1*211s0x8640f5195aae5cc9:0x257cd588fa38ea3b?sa%3DX%26ved%3D2ahUKEwjEkbqH5-uEAxUny6ACHUCzAwcQpx96BAgTEAA!5smaxter+healthcare+inc+texas+-+Google+Search!15zQ2dJZ0FRPT0&imagekey=!1e2!2s_oOhETf48TjQ4BeUmqmBZg&hl=en
11/03/2024 4:49 PM
ChloeCheong @myinvestor. Do you know how many gloves Supermax's Texas factory can produce?
11/03/2024 4:57 PM
myinvestor Supermax expects each phase to produce 400 million gloves/month (phase 1). When all four phases are completed, the facility will produce 19.2 billion gloves/year
@ChloeCheong
Do you know how many gloves Supermax's Texas factory can produce?
11/03/2024 5:16 PM
tradek Thx for the update...
2nd Q - so fast. Any idea if equipment installation already started?

myinvestor

Maxter healthcare inc Texas, factory buildings electricity are connected already. Latest photo updates 6 hours ago. It seem SPMX factory could be ready for production probably in 2nd quarter.
11/03/2024 5:33 PM
myinvestor Installation of plant and machinery
shall follow once the main civil and structural works are completed in year 2023 (qtr report). I believe the installation should be started in Jan 2024. Testing n commissioning of equipment should be completed before 2nd qtr.


@tradek
Thx for the update...
2nd Q - so fast. Any idea if equipment installation already started?

12/03/2024 12:31 PM
Investor126 US' operation will deplete the reserved cash very soon. The expansion is not as brigthful as most of you think.
12/03/2024 2:50 PM
tradek Very optimistic... in fact my thinking is since we see the first electrification photo on yesterday you sent... i think installation of equipment could be only be starting now... installation and commisioning and test run, i think easily 6 months... perhaps 2 more quarters... then after test run if successful, need to submit samples to FDA for certification. my 2 cents...

Installation of plant and machinery
shall follow once the main civil and structural works are completed in year 2023 (qtr report). I believe the installation should be started in Jan 2024. Testing n commissioning of equipment should be completed before 2nd qtr.
12/03/2024 3:19 PM
EngineeringProfit Reversal pattern is most profitable $$$
12/03/2024 3:33 PM
ChloeCheong @myinvestor. Thanks for the info. I'm guessing the gloves they make in Texas must have higher asp because the labor costs are high there
13/03/2024 4:33 PM
myinvestor Offset by shorter lead times, lower shipping cost, high quality products, high tax relief (saving 200m/year), Environmental compliance, No forced labor risk and no red sea crisis.

@ chloeCheong,
Thanks for the info. I'm guessing the gloves they make in Texas must have higher asp because the labor costs are high there
13/03/2024 5:07 PM
KimSua US tariffs exclusion on Gloves imports from china will end on May 31st. I doubt they will extend this exclusion and impose back the25% tariffs. With trump in the presidency race, Biden will act tougher with China.
With US inflation under control and imports alternatives which will/can be well absorb and not pass down to consumers, high change on the import tariffs (especially covid19 category) to be reinstated. Let's wait for the news
17/03/2024 3:24 PM
ChloeCheong Trump will be stricter on China. He will impose 60% tariffs
18/03/2024 9:07 PM
myinvestor “Supermax’s American and Malaysian teams have been working very hard to manage the setting-up of the US operations and we are pleased to announce that construction of our first manufacturing facility will be substantially completed before the end of December 2023. The next stage will involve the installation of various manufacturing equipment including A.I., Automation and Robotics facilities. A technical team from Supermax Malaysia will be deployed to the US facility in various stages for commissioning of the manufacturing facility.

Recruitment drive start in middle of Year 2024.
https://www.businesstoday.com.my/2023/12/08/supermax-corps-usa-facility-ready-by-end-dec-2023/
19/03/2024 9:49 AM
ChloeCheong Supermax is Andy-Hall Proof now 😁
19/03/2024 10:38 PM
EngineeringProfit I'll back soon
19/03/2024 10:49 PM
younglean Who will be back to where soon? 😏
20/03/2024 10:27 AM
KimSua Glove manufacturers is US will not survived if the 25% tariffs is not reinstated. I don't think they will continue with this exclusion made during the Covid 19 emergency. Supermx will be the main beneficiary and all big 4 will benefit if this is true. Let's see.
20/03/2024 6:33 PM
myinvestor GHSC-QA is publishing this list of manufacturers, included in US FDA Import Alert 80-04 (Published Date: 01/Dec/2023), with a recommendation to NOT procure medical gloves (examination or surgical) from these manufacturers.

Import Alert 80-04 (fda.gov) 2023.
Firm Country
Filta Safety Products Co Limited China
HUAGUANG MEDICAL PRODUCTS CO.,LTD. China
Jiayuan Medical Products Co., Ltd. China
Letcom Medical Products Co.,Ltd. China
Pinnacle Co., LTD China
SHANDONG BAISHENG MEDICAL PRODUCTS CO., LTD China
SHANGDONG TAIXIANG MEDICAL PRODUCTS CO., LTD. China
SHANXI HONGRUIDA HEALTH PROTECTION TECHNOLOGY CO LTD China
WeiLin Plastic And Rubber Products Company Limited China
ZEHUI GLOVE CO., LTD. China
ZIBO LANHUA MEDICAL PACKAGING MATERIAL CO., LTD. China
Zibo Yahao Supplies Co., Ltd China
22/03/2024 11:14 AM
5231428 Supermax will greatly benefit from the US ban on China gloves.
22/03/2024 12:23 PM
younglean Supermax won't be kacau by andy lao hall, no more. ha
25/03/2024 9:48 AM
myinvestor GHSC-QA is publishing this list of manufacturers, included in US FDA Import Alert 80-04 (Published Date: 01/Dec/2023), with a recommendation to NOT procure medical gloves (examination or surgical) from these manufacturers.
Import Alert 80-04 (fda.gov) Updated 28/2/24
Firm Country
Dongtai City Huayi Gloves, Co., Ltd. China
Filta Safety Products Co Limited China
Grand Work Plastic Products Co., Ltd. China
Guangdong Kingfa Sci. & Tech. Co., Ltd. China
HUAGUANG MEDICAL PRODUCTS CO.,LTD. China
Jiayuan Medical Products Co., Ltd. China
Jinzhou City Xinrui Plastic Products Co., Ltd. China
Letcom Medical Products Co.,Ltd. China
Pinnacle Co., LTD China
SHANGDONG TAIXIANG MEDICAL PRODUCTS CO., LTD. China
SHANXI HONGRUIDA HEALTH PROTECTION TECHNOLOGY CO LTD China
Shandong Yinghong Medical Products Co Ltd China
Syntex Healthcare Products Co., Ltd. China
WeiLin Plastic And Rubber Products Company Limited China
Wise Medical Products Co., Ltd. China
XIANGYUN MEDICAL PRODUCTS CO., LTD China
ZEHUI GLOVE CO., LTD. China
ZIBO LANGU NEW MATERIAL TECHNOLOGY CO., LTD China
ZIBO LANHUA MEDICAL PACKAGING MATERIAL CO., LTD. China
Zibo Intco Medical Products Company Limited China
Zibo Yahao Supplies Co., Ltd China
Zibo Yingbo Medical Products Co., Ltd. China
INTCO MEDICAL HK CO LTD Hong Kong
Tegamen Safety Products PVT. LTD. India
Latexx Manufacturing Sdn Bhd Malaysia

Intco Medical Hk CO LTD is in the FDA alert list.
25/03/2024 10:51 AM
tradek re: Myinvestor

I saw maxter name also in the list, do you know if they are affected too? What is YY glove, YZ glove etc... ?

Maxter Glove Manufacturing Sdn Bhd
Date Published : 03/13/2024
Lot 6070, Jalan Haji Abdul Manan, , 6th Miles Off Jalan, Meru , Klang, Selangor, MALAYSIA
80 F - - MC Glove, Patient Examination
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - YY Glove, Patient Examination, Latex
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - YZ Glove, Patient Examination, Vinyl
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - ZA Glove, Patient Examination, Poly
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - ZC Glove, Patient Examination, Specialty
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
25/03/2024 3:07 PM
myinvestor Re: tradek
I saw maxter name also in the list, do you know if they are affected too? What is YY glove, YZ glove etc... ?

You may try this link to download whole Import alert in excel file. Under notes u can sort the year 2023,2024 to get the latest alert data.
https://ghsupplychain.org/sites/default/files/2024-03/USAID%20GHSC%20Medical%20Glove%20Manufacturers%20not%20recommended%20for%20procurement%20%28Uncontrolled%20Copy%29_04MAR2024.xlsx
25/03/2024 4:16 PM
tradek Import Alert 80-04
https://www.accessdata.fda.gov/cms_ia/importalert_229.html

I saw over here... Not sure if its the right place... Although ur link dont show maxter in the list
25/03/2024 9:29 PM
Investor126 Imagine the loss widened with the upcoming quarter. Be prepared for the worst to come.
29/03/2024 11:12 AM
younglean Loss widened due to huge capex?
29/03/2024 3:02 PM
Why2TellMeWhy https://www.cdc.gov/ncird/whats-new/human-infection-H5N1-bird-flu.html
08/04/2024 1:21 PM
younglean Positive news for gloves

https://thesun.my/business/demand-prices-for-medical-surgical-rubber-gloves-rising-expert-PC12320492
15/04/2024 10:04 AM
ChloeCheong When will Superman fly towards Rm1? 😗
15/04/2024 3:54 PM