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From the extract below.
SUPERMAX capitalisation is at 31 bil. Assuming PE 25. Supermax need to make Annual profit of 1.25 billion or an average QTRLY profit of 312 million. (extracted from THE EDGE. This is for FY2021)
For Q4 FY2020 Bloomberg consensus estimate is 382 m - 71-30-24 = 257 millions
With the upcoming QTR 4 result.My estimate is about 447 mi  > 257 m Bloomburg consensus 
(PAT 336 million - PAT 558 million (AVG 447 million)
https://klse.i3investor.com/blogs/freetospeak/2020-07-29-story-h1510785885-SUPERMAX_QTR_4_RESULT_FORECAST_POSSIBLE_movement.jsp

For FY2021. My latest projection for SUPERMAX QTR 1 is about 800 m PAT to 1 billion PAT.
That is about 3.2 bill ANNUALLY (2.56x of Bloomber consensus)
or eps of RM2.46 x pe 20 = TP50.00 (ex-bonus tp 25)
I will provide a clearer calculation after the release of QTR 4 results to justify my projection.
EXTRACTED FROM THE EDGE. FOR MORE INFO GO GET A COPY !!!
https://www.theedgemarkets.com/article/how-much-profits-do-glove-makers-need-sustain-rally



This is not an advice to buy or sell. It is my own personal opinion for sharing. 
I do not take accountabiitly for any trading occuring from my information.

https://klse.i3investor.com/blogs/freetospeak/2020-08-06-story-h1511558505-HOW_MUCH_GLOVE_PROFIT_TO_SUSTAIN_RALLY.jsp
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