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2020-04-24 17:06 | Report Abuse
@Jack
I'm actually quite conservative with Supermax's valuation. TopGlove has P/E of almost 50, but to me, I target Supermax P/E at around 35-40 which is consider very safe.
Supermax P/E 35 = RM 2.75
Supermax P/E 40 = RM 3.14
Any price around P/E of 35-40 is easily obtainable, we shall see it next week!
2020-04-24 16:58 | Report Abuse
@CITADEL
What I say just now, I didnt even predict, I just lay out the facts to them and they get offended. Now they know cause they kena le.
2020-04-24 16:57 | Report Abuse
Short Squeeze: A short squeeze accelerates a stock's price rise as short-sellers bail out to cut their losses.
- Investopedia
2020-04-24 16:56 | Report Abuse
I tell you, even if IDSS and RSS not suspended and target TopGlove and Supermax, they will get crushed lol. Even worst, when they close their short position by buying back, it will result in 'Short Squeeze' that moves the price even higher!
2020-04-24 16:53 | Report Abuse
2.43 suddenly so huge buyer!!!!!!!!!!!!!!
2020-04-24 16:47 | Report Abuse
Next week is rebound week! Let's goooooooooooo
2020-04-24 16:45 | Report Abuse
@JackKhan
I heard people said that long time ago, look at what happen, keep on missing the boat nia. Now is the chances to grab at such cheap price!
2020-04-24 16:33 | Report Abuse
When this week stocks going down, our Supermax up cause its undervalued. Next week when stocks goes up, our Supermax will upppppppp!
2020-04-24 16:32 | Report Abuse
I guess I was right. No point bashing me, I know I give my opinions based on facts, although it may hurt your feeling but it will be better than hurting your wallet.
2020-04-24 16:31 | Report Abuse
I guess I was right. No point bashing me, I know I give my opinions based on facts, although it may hurt your feeling but it will be better than hurting your wallet.
2020-04-24 16:29 | Report Abuse
Next week another up trend lets goooooooooo!
2020-04-24 15:39 | Report Abuse
They use BUY STOP LIMIT to place a buy transaction when the price fall below certain level. Looks like the stop price is at 2.43 and the buy price is 2.42
2020-04-24 15:34 | Report Abuse
I can tell you, now people will look at gloves, hand sanitizers and all those health care stuffs differently, they will stock up especially in the health care.
2020-04-24 15:05 | Report Abuse
Wow, big sharks are suddenly buying so large amount of shares!
2020-04-24 14:58 | Report Abuse
Buying force will soon take over! Those who sell confirm miss the boat wakakaka!
2020-04-24 14:44 | Report Abuse
Now Supermax PE 30, 10 more to go kikiki!
2020-04-24 14:44 | Report Abuse
I'm not greedy, Supermax PE 40 can already ahahahaha
2020-04-24 14:31 | Report Abuse
I offer Buy Call for free you guys don't want listen, but you guys can spend RM499 for fake sifu to hear his call
2020-04-24 14:17 | Report Abuse
See oil price now LMAO. Confirm trap trap trap, dont say i didnt warn you guy about Brent expiration + IDSS coming back.
2020-04-24 14:17 | Report Abuse
See oil price now LMAO. Confirm trap trap trap, dont say i didnt warn you guy about Brent expiration + IDSS coming back.
2020-04-24 14:15 | Report Abuse
i3lurker
Glove stocks going up up up cause obviously COVID wont be gone anytime soon. Only those who invest with emotion will spread false news to make the market up because he himself kena trapped.
HAHAHAHA Rather be Madoff than a loser. Remember.
2020-04-24 12:23 | Report Abuse
Sure have SBB going on de, been doing it the past 3 days.
2020-04-24 12:05 | Report Abuse
RM2.45 will be the new support, and then together we march towards RM2.6 and RM3 next week!
2020-04-24 12:04 | Report Abuse
Don't cry when you made loss. I have stated facts to educate you a little, I know I am a bit offensive but I would rather be offensive than you losing money. :)
2020-04-24 12:03 | Report Abuse
Don't cry when you made loss. I have stated facts to educate you a little, I know I am a bit offensive but I would rather be offensive than you losing money. :)
2020-04-24 12:01 | Report Abuse
Like I say, everyone thought Supermax hit peak weeks ago, but they don't realize Supermax is very undervalued compare to TopGlove and Harta. RM 3 next week target!
2020-04-24 11:59 | Report Abuse
OUR TECHNICAL VIEW :
- 2.25 & 2.28 as a piled, stock will go higher if 2.33 channel break and play range 2.35-2.38 stable.
- 2.25 as support and cutloss should be at 2.18. The price will test higher today RM2.40-2.45
- Immediate new target RM2.60.
2020-04-24 11:48 | Report Abuse
I view glove stocks as a market hedge. Like market down, we up. Market up, we up even higher!
2020-04-24 11:47 | Report Abuse
I mean no offense to those who hold shares, just think about the oil price and this share price, how can it be the same when oil falls so many? Some more Brent are expiring on 30 April + Short selling coming back on 30 April. Really good luck to those who hold.
2020-04-24 11:47 | Report Abuse
I mean no offense to those who hold shares, just think about the oil price and this share price, how can it be the same when oil falls so many? Some more Brent are expiring on 30 April + Short selling coming back on 30 April. Really good luck to those who hold.
2020-04-24 11:44 | Report Abuse
How about sell before slump and start collecting after slump? Maybe you don't understand about this, consider me teaching you.
2020-04-24 11:42 | Report Abuse
Why? You are afraid of the truths and facts? LMAO you confirm get trapped.
2020-04-24 11:39 | Report Abuse
RM 2.5 by the end of the day! RM 3 will be the target of next week!
2020-04-24 11:38 | Report Abuse
Everyone never think of Glove stocks can go high, they call peak a few weeks ago. Missing out on the boat!
2020-04-24 11:36 | Report Abuse
Wa break resistance! Next stop is 2.5!
2020-04-24 11:22 | Report Abuse
I guess 2.45 is the resistance of the day, looks like a lot of people take profit and run first.
2020-04-24 11:06 | Report Abuse
How can share price stays the same when Brent falls from 28/30 to 21/22? Smart investors call this a bubble.
2020-04-24 11:06 | Report Abuse
How can share price stays the same when Brent falls from 28/30 to 21/22? Smart investors call this a bubble.
2020-04-24 10:58 | Report Abuse
Supermax resistance broken!
2020-04-24 10:57 | Report Abuse
Brent expire in a week, short-selling coming back. Wait you guys get trap xD
2020-04-24 10:56 | Report Abuse
Brent expire in a week, short-selling coming back. Wait you guys get trap xD
2020-04-24 10:43 | Report Abuse
We roll forward our valuation from CY20E to CY21E. Coupled with the earnings upgrade, our TP is raised from RM2.00 to RM2.50 based 21x CY21 EPS of 11.8 sen (at +1.5SD above 5-year historical forward mean) from 20x previously. We like Supermax because the stock is trading at an unjustified 50% discount to bigger peers’ average valuation compared to a historical discount of 30%. We highlight again that the 50% valuation discount to bigger cap peers appears conservative.
- Kenanga
2020-04-24 10:26 | Report Abuse
One day if it hits RM 3, you guys will be 早知道 ahaha
2020-04-24 10:23 | Report Abuse
I heard people say TopGlove and Supermx hit peak a few weeks ago. But why now higher? Cause those people didnt realize we will need more gloves NOW and FUTURE!
2020-04-24 10:22 | Report Abuse
Bye mikey, hope you dont cry when miss the boat.
2020-04-24 10:06 | Report Abuse
Supermx can break 2.5 today?
2020-04-24 10:00 | Report Abuse
TopGlov pushes even higher!
2020-04-24 09:48 | Report Abuse
Let's say a hypothetical scenario where COVID-19 suddenly recover in the whole world, medical industry still will buy gloves an even more than previously!
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-04-24 18:37 | Report Abuse
Next week, we continue the boat!