[SUPERMAX CORP BHD：完成对巴生Meru一块土地的收购，计划在此土地上新建3个工厂。 2020年3月11日，公司还达成协议购买巴生市Meru的另一块工业用地，公司计划在该工业用地上建设16号工厂]
3Q20 vs 3Q19:
此外，本季度其最新工厂投产的新生产线的产量增加，也带来贡献。 EBITDA和PBT分别增长74.0％和92.8％，这是由于销售额增加以及包括较低的原材料价格和美元兑令吉走强等较低的运营支出。 EBITDA，PBT和PAT的利润率也有了实质性的改善，并在本季度创下了近几年的最高记录，分别为25.0％，21.3％和16.2％。
3Q20 vs 2Q20：
当前的市场条件有利于Supermax集团，预计他们的前景至少会在未来1.5至2年内保持强劲，因针对COVID-19的疫苗仍在研发中。这场大流行从2020年3月/ 4月开始为Supermax集团带来了丰厚的利润，这让Supermax Group运营的7个国家/地区的分销部门和马来西亚的手套制造部门都获利。
James Ng Stock Pick Performance:
Since Recommended Return:
a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.33 (dividend RM0.04) in 1 year 9 months 9 days, total return is 231.5%
b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.89 (dividend RM0.04) in 1 year 10 months 18 days, total return is 142.8%
c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.65 (adjusted)(dividend RM0.055) in 11 months 17 days, total return is 121.9%
d) TOPGLOV (TOP GLOVE CORP BHD), recommended on 1 July 18, initial price was RM12.14, rose to RM23.32 (adjusted)(dividend RM0.32) in 1 Year 10 months 20 days, total return is 94.7%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.05 in 1 year 3 months 29 days, total return is 82.6%
f) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.27 (dividend RM0.148) in 1 Year 7 months 13 days, total return is 52.1%
我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。
11a.m. – 7p.m.，免费茶和咖啡
7月5日星期日：Espira Sri Petaling, KL 3份点心
7月11日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心
7月19日星期日：AG Hotel Penang, George Town 2份点心
10a.m. – 9p.m.，免费午餐和晚餐
7月4日星期六：Espira Sri Petaling, KL
7月12日星期日：Silka Johor Bahru Hotel, Johor Bahru
7月18日星期六：AG Hotel Penang, George Town
有兴趣的朋友，可以电邮或PM FB page联络我
电话/Whatsapp : 011 - 15852043
Facebook Group: https://www.facebook.com/groups/jamesinvesting
这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw
[SUPERMAX CORP BHD: the Company had completed the acquisition of a piece of land in Meru, Klang on which it plans to build 3 new plants. On March 11th, 2020, the Company had also entered into an agreement to purchase another piece of industrial land in Meru, Klang, on which the Company plans to build plant #16]
3Q20 vs 3Q19:
The Group recorded total revenue of RM 447.2 million from global sales of its natural rubber and nitrile rubber gloves, an increase of 23.8% or RM 86.0 million compared to the corresponding period a year ago. The increase in overall Sales for the group were mainly due to surge in Sales from the Group's Overseas Distribution Centres as a results of exponential surge in demand due to the Covid-19
pandemic, contribution of higher Average Selling Prices from the Glove Manufacturing Division as a results of the global rush in stocking up on personal protective equipment (PPE) products including Medical Gloves.
In addition, the contribution from the increase in production output from new production lines commissioned at its latest plant during the current quarter. EBITDA and PBT were 74.0% and 92.8% higher respectively, due to higher sales recorded and with lower operating expenses including lower raw material prices and stronger US Dollars against Ringgit. EBITDA, PBT and PAT Margins have also improved substantially and recorded the highest among the last few years at 25.0%, 21.3% and 16.2% respectively during this quarter.
3Q20 vs 2Q20:
On a preceding quarter basis, the Group's revenue rose by 16.0% or RM 61.7 million while its EBITDA, PBT & PAT increased by 88.7%, 128.0% & 141.0% respectively. The performance during this quarter was substantially higher mainly due to exponential increase in demand for Medical Gloves following the outbreak of the Covid-19 pandemic globally resulting buying rush happened started this quarter especially in Countries where Supermax Group operates.
The new additional production capacity from the new plant added during the current quarter, lower production costs, higher average selling pricing from both distribution and manufacturing and stronger US Dollars against Ringgit are the 4 main reasons that have contributed to the better Financial Performance from both Distribution Centres and Glove Manufacturing Division during this quarter.
The demand of gloves has exponentially increased this year amid the global COVID-19 pandemic. The surge in demand has resulted in a rapid rise in average selling prices (ASPs), as buyers rush to secure their supply of personal protective equipment (PPE), including medical gloves.
Nitrile and natural rubber material prices have decreased by 11% and 6% respectively Year-on-Year, and 7.3% and 2.5% respectively Quarter-on-Quarter. At the same time, the USD has strengthened against the MYR, by 2.18% Year-on-Year and 0.36% Quarter-on-Quarter.
The current market conditions favour Supermax Group, and their outlook is expected to remain strong for at least the next 1.5 to 2 years, while a vaccine against COVID-19 is still under development. The pandemic has brought Supermax Group bumper profits beginning March/April, 2020, for both the Distribution Division from the 7 countries where Supermax Group operates and the Glove Manufacturing Division in Malaysia.
Following the outbreak of COVID-19 globally, the Company is seeing the emergence of new consumers and new consumption not previously seen. The pandemic has resulted in a demand surge for PPE products, including medical gloves. The use of these protective and infectioncontrol products has expanded beyond healthcare and frontline workers to also include the general public.
From the distribution centres where Supermax Group operates, they have seen significant increases in the demand of gloves for immediate supply. Their usual 4-month working inventory at their distribution centres were sold within 6 weeks and at higher ASPs. Supermax Group‘s Glove Manufacturing Division is strongly positioned for this opportunity to boost earnings and expedite and its capacity expansion plans. The Company is building 3 new factories in tandem, allowing them to capitalize on the exponential growth in demand of medical gloves, reduce its widening capacity oversold position, and increase overall capacity to cater to the acute global shortage of PPE.
Increase in Capital Expenditure to boost Production Capacity:
Towards the end of 2019, the Company had completed the acquisition of a piece of land in Meru, Klang on which it plans to build 3 new plants. On March 11th, 2020, the Company had also entered into an agreement to purchase another piece of industrial land in Meru, Klang, on which the Company plans to build plant #16. Construction work has already commenced on 2 plants and work on a 3rd plant would commence soon.
The 3 plants would add 12.0 billion pieces per annum to the Group‟s installed capacity from 26.18 billion gloves to 38.18 billion gloves when these 3 plants have completed commissioning and in commercial production fully by CY2022. The Group will invest total Capital Expenditure of RM715 million & this amount has been budgeted to boost Production Capacity.
Contact Lens Division:
The Group has made good progress in its contact lens business during the current year-to-date. It has continued to expand its global marketing reach, which has extended to over 65 countries presently. Various platforms have been employed to market its contact lenses worldwide, from wholesale distribution, to mobile trucks, to online B2C sales via websites launched in the US (aveovision.com), Malaysia (aveovision.my), the UK (aveovision.co.uk), and most recently in Brazil (aveovision.com.br). Top-line performance is improving as a result of continued market expansion and increasing recurring revenue.
The prospect from Distribution, Manufacuring of Gloves and Contact Lens divisions remain robust and they are optimistic that Supermax's Own Brand Manufacturing (OBM) cum Disribution business model yields better returns than the traditional OEM model when demand spikes exponentially.
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:
the forecasted growth of a company must > 14% per year
I wish to convince readers to learn FA in order to make money from stock market.
I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at email@example.com or PM me in my FB page.
This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.