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2021-02-26 12:51 | Report Abuse
Yes, it may go up to $12 in future when next new pandemic come but don't know when, it might be many many years later but definitely not now it's too far away from current price with many trapped ones waiting to sell at its upper part furthermore no big players, no funds and no hot money do speculation to push the price. Without their speculation and nobody push it, how the price can go up to $12 now.
2021-02-26 12:41 | Report Abuse
With 4 billions cash in company not a big deal, many listed companies have cash even much more than that like Genting holding 28 billions to 30 billions cash in company.
2021-02-26 11:21 | Report Abuse
Why some of u here nonstop and repeat talking about the negatives of vaccines, its inefectiveness and its side effects. Why u are so worried and scared of vaccines? Let time to present and verify the effectiveness of vaccines.
Since supermx and other glove companies have good fundamentals and ongoing high demand for gloves now, its stock should be able to perform well with price up even though vaccines finally effective to control pandemic. Why so worried and scared of vaccines.
Let us all hope the vaccines finally can control the pandemic that we all can live well in this world. Don't worry glove companies including supermx still can survive and have its profit post-pandemic. Whether glove stocks including supermx price can go up or not let it be natural since it has good fundamental as u all believe can support its price.
Don't let people have impression that glove counters including supermx can only sustain with virus and pandemic together and can't sustain without virus and pandemic.
2021-02-26 11:10 | Report Abuse
RHB1B7, u are so innocent just like small boy thinking. U bankrupt ibs also not yet bankrupt.
2021-02-26 10:06 | Report Abuse
Sharks, big players and funds know many retailers trapped in its upper part waiting to sell release, they won't come back at this time to goreng push up the price let them to sell and they won't come back as last ones to collect tickets sold from the trapped ones. Usually after the super bull down from the peak many trapped in it waiting to sell, all these they know and they are smart.
2021-02-26 10:01 | Report Abuse
It seems one way ticket for supermx to further down because no momentum to rebound much after the deep drop. It towards $4.50 in the next drop.
2021-02-26 09:55 | Report Abuse
As price drop supermx market cap already become lower prepare to be kicked out from klse index in next review thus it would not be targeted by EPF and funds to buy for holding. EPF and funds would rather hold topglove and hartalega in their portfolio.
2021-02-26 09:49 | Report Abuse
No big players and no funds do speculation here. No momentum can't go up rocket high, only to swing little up and down at current level.
2021-02-26 09:03 | Report Abuse
Even with super profit, Supermx only pay 3.8 cents dividend per share whereas Public bank pays 38 cents dividend per share and Genting pays 6.5 cents interim plus 8.5 cents final = 15 cents dividend per share.
2021-02-25 18:31 | Report Abuse
Considering the price drop supermx market cap becomes lower might be kicked out from klse index composite. If like that some funds won't buy in supermx as part of their glove stocks holding and they rather buy in topglove and hartalega because of their policy just buy those included in klse index.
Thus supermx much depends on retailers to support because it's mainly held by retailers and its major stock holders and may be very less fund holder if have. Whereas topglove and hartalega are supported by its boss, funds and retailers.
2021-02-25 16:42 | Report Abuse
Playing around $5 to lure ikanbilis on hook.
2021-02-25 15:38 | Report Abuse
It seems no momentum to rebound. It might be either stagnant or further down, be aware.
2021-02-25 12:42 | Report Abuse
Many call warrants might have been bought back by the ib issuer from the open market prior to its expiry date thus may be just a small portion floating in market pending to expire that ib issuer might not have to manipulate press down the price. Thus the recent price drop not mainly caused by ib manipulation but might be due to heavy selling by funds and retailers themselves for profit taking or cut loss to release.
2021-02-25 12:35 | Report Abuse
Only retailers trading no big players and funds do speculation to push the price difficult to have big rebound if have only the minor technical rebound that not even up to the level can let u to release. Unlucky it might drop again after the minor rebound. This is a very risky way of making money in a down trend stock.
2021-02-25 12:29 | Report Abuse
If the price further down later would see those water fish who thought cheap entered just now around $4.85, $4.84 .... cut loss or be trapped.
2021-02-25 12:24 | Report Abuse
Because of glove counters including supermx fully dominated by trapped retailers, no big players and funds come back for speculation they find difficult to monitor push up the price, many trapped ones would sell to them once the price push up and they would be the tickets collector furthermore difficult to lure fresh new retailers in because the market trend now not with glove counters.
2021-02-25 11:53 | Report Abuse
U think is cheap to buy now but it has risk of being trapped. Once u be trapped might take many many years in which price continues down and down and u would see huge paper loss in your portfolio. Can u tolerate it in long term? Think nicely before u enter.
2021-02-25 11:47 | Report Abuse
I think many disappeared sifus here already cut loss release from this counter. Can't hear from them.
2021-02-25 11:34 | Report Abuse
Most people and the market perceive that glove stocks up and bull due to pandemic arises, thus it can also be down back to lower level due to pandemic under control or over by the rollout of vaccines. Because of this perception like that, funds and many people forsee the glove stock super cycle comes to the end that they heavily selling off glove counters for profit taking or cut loss prior to price further down to its lower level.
2021-02-25 11:25 | Report Abuse
Now are the selling from funds and retailers for profit taking or cut loss, its drop not mainly due to the ibs shorties manipulation.
2021-02-25 11:22 | Report Abuse
Don't dream it jumps rocket high be aware of trap, it can go further down, don't know where its bottom because market trend not with glove counters now no big players and funds do speculation only trading by retailers price can't go up much.
2021-02-25 11:07 | Report Abuse
Supermx is cash rich but its boss keeps all the cash for himself not for u retailers. U only get 3.8 cents dividend for each share.
2021-02-25 10:57 | Report Abuse
It seems a lot of sifus in this forum already disappeared didn't hear from them. Left behind here might be the newbies nobody guides them.
2021-02-25 10:52 | Report Abuse
Appolo, the tickets u bought at $5.01, have u sold for profit taking or not? Otherwise be trapped again. The tickets u picked up $6 plus already trapped.
2021-02-25 10:45 | Report Abuse
Why now no ones talk about the target price $13, $11.80 .....
2021-02-25 10:40 | Report Abuse
If news release about vaccines effectively control pandemic later it can down to $4 or even below $4.
2021-02-25 10:37 | Report Abuse
The next support level might be around $4.50. Prepare bullets for it.
2021-02-25 10:27 | Report Abuse
Forget the up trend because market trend not with glove counters now. Now just to see where its bottom is. It most probably to swing in small range at its bottom part.
2021-02-25 09:48 | Report Abuse
No big players and funds do speculation only the retailers trading can't push up the price much, the most is minor technical rebound. After that it might drop again.
2021-02-24 16:24 | Report Abuse
Many still dreaming not yet wake up. I think they will dream for many years.
2021-02-24 16:21 | Report Abuse
A lot of margin call selling.
2021-02-24 15:56 | Report Abuse
If no strong rebound it might break $5 to drop further down again. May be tomorrow.
2021-02-24 15:53 | Report Abuse
It seems no momentum to rebound after touched $5 can't immediately strong rebound.
2021-02-24 15:22 | Report Abuse
From time to time now onwards it might be cheaper and cheaper later can be $4 plus and $4. Get ready your bullets.
2021-02-24 15:06 | Report Abuse
Only the minority of u in this forum focus and argue whether vaccinations need to use gloves whereas the majority of others never bother it. To them is not important.
2021-02-24 15:01 | Report Abuse
As seen some use but some also don't use gloves for vaccination. Anyway use or not use gloves for vaccination already not important now since supermx price dropping nonstop day by day in market that tells u even use gloves for vaccination lead to its ongoing demand doesn't assist supermx stock market performance.
2021-02-24 14:53 | Report Abuse
To break $5 soon either today or tomorrow. Those want to buy at $5 or below get ready your bullets. Good luck.
Where is Appolo? Who find chicken rice earning said want to top up at $5 to average down. Are u ready?
2021-02-24 13:37 | Report Abuse
In stock market anything can happen when it's in bull can go up rocket high to heaven but when it's in bear can down to hell until u don't believe it.
2021-02-24 13:29 | Report Abuse
Flying Fox, Most of them use mouth to buy to top up but no action
2021-02-24 13:21 | Report Abuse
It seems now no ones here to talk about supermx PE, high target price, super profit and ongoing high demand for gloves and its fantastic quarter result.
2021-02-24 13:13 | Report Abuse
If supermx further down its price might come under Genting which is up trend now reaching about $4.76.
2021-02-24 12:45 | Report Abuse
No harm to buy glove stocks for long-term investment but should buy it at low price better near to its bottom.
2021-02-24 12:43 | Report Abuse
Wait for the news out from WHO about vaccines really effective that's the good time to buy for long term at that time would be lower near to its bottom. Now still possible to drop further down for the funds selling ongoing.
2021-02-24 12:27 | Report Abuse
That's right gnath_77. I agree with u.
2021-02-24 12:10 | Report Abuse
As I said already funds and retailers are selling for profit taking or cut loss because they perceive the pandemic almost come to the end under control by vaccines even it's not 100% yet. However, many in this forum have deniel mode to deny all vaccines related positive news and positive announcement made by scientists and health experts even that from WHO try to defend their glove stocks portfolio refuse to face and accept it. I had told to sell off to release ahead of the funds selling but now u seem to be trapped or sell behind the funds.
2021-02-24 11:57 | Report Abuse
It's stagnant at current price possible to drop below $5 and even down to $4 later. In Long term after pandemic really end it can be down to $3 plus. Those bought and holding at high floor above $6 would definitely be trapped for long term may be number of years until next new pandemic come but don't know when. Good luck.
2021-02-24 10:43 | Report Abuse
The main mistake u all have made was too believe and optimistic about the PE, high target price and the estimates or projection made by ibs or someones like kyy that induced u all continue to hold tight tight and missed the golden chances of release for profit taking. Now is too late to regret.
Stock market not purely rely on figures, calculations or estimates, it also depends on most people concensus that form the market trend, market sentiment and market trading movement. We as investors need to use some trading strategy, trading skills and trading tools like chart analysis to beat the market and not only focus too much on the company fundamentals.
2021-02-24 09:39 | Report Abuse
Too optimistic and too believe in it now might be very desperate and disappointed.
2021-02-24 09:38 | Report Abuse
Down down down every day down. Lau sai, hopeless.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-02-26 13:28 | Report Abuse
Uplanet, never mind let time to present it, we just wait to see whether is true or not. Before the things really happen, nobody including u can be sure now everyone just have different opinions. Let time to prove it. If really like u think all of us including u would have very bad living in this world even how rich u are and how much money u earn from stock portfolio.