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Hi guys
Calvin is bullish on Malaysian Glove Stocks. Especially on SUPERMAX!!
And these are the Compelling Reasons
To do that we need "DATA" and if you just go and seek you shall find
For "SEEK AND YE SHALL FIND"

1) See Comfort Gloves Result

SUMMARY OF KEY FINANCIAL INFORMATION
30 Apr 2020

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
Profits of Comfort Gloves up from 1.5 sen to 2.8 sen or Up 86.6%

2) TOPGLOVE RESULTS

SUMMARY OF KEY FINANCIAL INFORMATION
31 May 2020

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

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
Topglove Up from 2.92 profit to 13.50 sen (362% jump)


3) SUPERMAX RESULTS

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

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

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
Supermax profit up from 2.64 to 5.42 (Jumped 105%)

DO YOU SEE ANYTHING MORE?
IS TOPGLOVE MAKING THE MOST GAIN BY PER CENTAGE OF 362%?
YES, IF ARE A SHALLOW OBSERVER

NOW CHECK VERY VERY CAREFULLY AGAIN

1) RESULTS OF COMFORT GLOVE ENDS IN APRIL
See

SUMMARY OF KEY FINANCIAL INFORMATION
30 Apr 2020 FOR COMFORT GLOVES


That means that MCO started in March 18th 2020 for Malaysia Comfort still got March 19th to end April 2020 in selling of Gloves
So the Result includes the Whole Month of April 2020

2) SEE TOPGLOVE


SUMMARY OF KEY FINANCIAL INFORMATION
31 May 2020 FOR TOP GLOVES



Top Glove result Includes both the Month of April & May 2020 when Glove Orders came in Torrents!

3) Now See SUPERMAX

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020 FOR SUPERMAX


Aha! SUPERMAX Results only reported Till 31st March 2020 (Only 13 days of March 2020 after MCO triggered on March 18

SINCE WE ONLY HAVE THE FIGURES UNTIL 31ST MARCH FOR SUPERMAX (COMFORT 30TH APRIL) & TOPGLOVE (31ST MAY 2020)
ONLY THE ACCOUNTANTS, AUDITHORS & DIRECTORS OF SUPERMAX KNOW THE REAL FIGURES OF SUPERMAX RESULT FROM 1ST APRIL TO JUNE 30TH 2020!
AND JUST LIKE TOPGLOVE WHICH STATED THAT THEY HAVE ALL PRE ORDERED AND SOLD AHEAD OF TIME FOR 400 DAYS TILL MID 2021 SUPERMAX TOTAL PRODUCTIONS HAVE ALL BEEN SOLD & PROFITS CALCULATED
AND THE RESULT OF AUGUST ALREADY KNOWN
Just like in an Election
Even Before the Counting Ends if the Number of Votes exceed 50% we already know who "WON" the Election!
No need counting the last vote to celebrate
And Celebrate They Did
See The SUPER DIRECTORS WHO ARE SUPER BULLISH
ACTIONS SPEAK LOUDER THAN WORDS

3 DIRECTORS OF SUPERMAX BOUGHT AT RM7.50 TO RM7.73 FROM OPEN MARKET!
THAT MEANS THEY "SEE" SUPERMAX IS WORTH MORE THAN RM7.73 PER SHARE WHEN AUGUST 2020 RESULTS ARE OUT
BIG QUESTION NOW IS
WILL THE RESULT OF SUPERMAX BEATS TOP GLOVE OF 362% ???

IF SO WHAT SHOULD BE THE PRICE OF SUPERMAX IN AUGUST 2020 - LESS THAN 50 DAYS FROM NOW?

RM10.00?
RM12.00?
RM15.00?
OR MORE ???
THIS IS BETTER THAN FISHING
WHEN A FISH IS HOOKED IT MIGHT COME NEAR OR MOVE FAR, IT MIGHT GO LEFT OR RIGHT. IT MIGHT DIVE DOWN OR JUMP UP. BUT SINCE IT HAS BEEN HOOKED TO THE LINE THE FISH WILL EVENTUALLY BE REELED IN
SO IS SUPERMAX
THE RESULTS ARE ALREADY OUT. ONLY THING NOW REVEALED YET JUST AS THE FISH IS STILL IN THE WATER
BUT THE FISH CAN STILL BREAK FREE IF THE LINE SNAPS
FOR THE ACCOUNTS OF SUPERMAX THEY ARE AS SAFE AS MONEY IN THE BANK SAFE DEPOSITS
NOTHING CAN CHANGE IT EVEN IF HUMAN SENTIMENT CHASE UP AND SELL DOWN SUPERMAX SHARES
SO HOLD FIRMLY AND WAIT


https://www.youtube.com/watch?v=ldAT3UOz6DM


BEST REGARDS

Calvin Tan Research
Singapore

Please buy/sell after doing your own due diligence. In doubt consult your Remisier or Fund Manager

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-16-story-h1508814817-Why_is_Calvin_Tan_Research_SO_BULLISH_ON_SUPERMAX_S_PROSPECTS_See_the_F.jsp
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