ivan chan's comment on SUPERMX. All Comments

ivan chan
7 Like · Reply
ONLY Supermax have dual stream of profit generator, manufacture profit and distribution profit

1. Jan 2020 Before covid
Manufacture selling price at USD 23/1000pc
Distribution selling price at USD 37/1000pc.

2. 18 Mar - 15 April
Manufacture selling price marked up to USD 50/1000pc, ASP hike 117%
Distribution marked up selling price up to USD 50/1000pc, ASP hike 43%

3. 15 April - 15 May
Manufacture selling price marked up to USD 70/1000pc, ASP hike 205%
Distribution marked up selling price to USD 80/1000pc, ASP hike 116%

4. 15 May - 15 June
Manufacture selling price marked up to USD 100/1000pc, ASP hike 335%
Distribution marked up selling price to USD 60/ 1000 pc, ASP hike 62%

Remark: Harta latest Q result only increase selling price at manufacture ASP 5.6%
Remark: topglove in earlier Q result only increase selling price at manufacture ASP 5%

07/08/2020 10:45 PM
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NK NK
The ASP for distribution division just usd60/1000 between 15 may and 15 June??????
2 Like · 4 years · translate
ivan chan
manufacture profit 100.00,distributor earn 60.00.Total is 160.00 profit for 1000pc.Because Supermx is manufacture and also distributor.Other top 3 just manufacture only,less distributors.Supermax earn both.
Like · 4 years · translate
Vincent Lim
ivan, i have been following your analysis for some time , you are very technical, i dont really understand but im trying to make myself understand. possible for a yum cha ?
Like · 4 years · translate
Teh Tiong Wei
Iván, could you please use your point no. 1 to calculate the previous quarter result see match or not? I notice the previous quarter result only take into account manufacturer selling price, didn't include distribution selling price.
Like · 4 years · translate
ivan chan
I didn't count this.It is accountant counting.
Like · 4 years · translate