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2021-10-21 19:26 | Report Abuse
Glove industries have contributed hugh amount of profit, total around 400 million ringgit to support government to fight against Covid-19 pandemic, however with less profit made by Glove players our revenue to contribute to government will be affected, which inadvertently forcing Glove players to cut cost eventually cut down manpower requirements on foreign labours, at the end, it is the foreigners which is going to lose the lucrative jobs in Malaysia, you think USA government cares about them.. definitely not..
2021-10-21 19:20 | Report Abuse
In another words, Supermax tried to negotiate with USA authority whilst resolving the shortage of Glove supply faced by certain countries by lowering ASP, however this will directly affecting the ASP of Glove faced by other top 6 Glove players in Malaysia, tomorrow all glove counters are down again which in fact will bring down the KLCI index, due to this bullying force from USA government our Glove industry will be suffering more...
2021-10-21 19:14 | Report Abuse
Supermax announced only 20% of the Glove sales goes to USA and immediately it is taken measure to divert consignment bound for USA to other destination in the world
2021-10-21 17:38 | Report Abuse
Total selling of 3 millions shares by Boss Ting HP is considered as insider trading, so he will be investigated by Bursa and SC very soon, justice will be made to all genuine ppl investors...
2021-10-21 17:07 | Report Abuse
EPF or GLCs funds will quietly buying due to it's strong balance sheets and high dividend pay out, it may announced cancellation of the expansion plan and reserve the cash surplus to give special dividend just like AIRASIA boss Tony..
2021-10-21 17:03 | Report Abuse
Tomorrow is black Friday and Supermax share prices will drop below RM 1.99 or less, only thing be careful the SBB by Supermax by Supermax management team or Directors themselves...
2021-10-21 16:55 | Report Abuse
Tomorrow it will drop to NTA price at RM 1.82, subsequently drop to Supermax cash level of 1.30, just be patience and...
2021-10-21 16:38 | Report Abuse
As long as Supermax upcoming dividend yield is good and is still profitable by selling at lower ASP, foreign funds have no worry to hold Supermax shares at such of low share prices unless China manufacturer willing to sell at the loss, which is impossible to happen..
2021-10-21 16:34 | Report Abuse
Foreign funds knows that Supermax can dump their Glove by lowering ASP to many other countries, but based on Supermax strong balance sheets plus other glove companies will...
2021-10-21 16:22 | Report Abuse
Foreign funds are buying and they will buy more when Supermax share price falls below RM 2.00 level, Supermax expected to dump the Glove at lower ASP which inadvertently will bring down the overall Glove ASP globally so they will be no escape for all the top 7 Glove counters...
2021-10-21 11:24 | Report Abuse
Malaysian people will have less job opportunity due to Top 7 Glove companies cutting down capital expenses and manpower requirements...
2021-10-21 11:23 | Report Abuse
In this way, all the Glove companies will stop Glove expansion program, instead using extra cash to venture into other types of business like Rubberex do...
2021-10-21 11:23 | Report Abuse
Supermax already a cash rich company so selling lower ASP with very low profit doesn't affect them but this will let other top 6 Glove players to cut cost eventually cut down foreign labour's...
2021-10-21 11:22 | Report Abuse
When Supermax price drop today, all top 7 Glove counters also drop because Supermax will sell their products at lower ASP to offset the market share they lost in USA...
2021-10-21 11:06 | Report Abuse
Cash is King and many countries including China are buying Gloves from Malaysia due to it's superb quality, therefore profit margins always there to boost the share prices later after the event, sell on news and buy on dip...
2021-10-21 10:51 | Report Abuse
First support level to collect is at NTA RM 1.82 and next strong support is Supermax cash per share at RM 1.30....
2021-10-21 09:44 | Report Abuse
Supermax shares dropping have caused the top 7 Glove counters to drop but I believe EPF, GLCs and Foreign funds will starts to accumulate the top 7 Glove counters shares due to their strong cash position with continuous profit margins as USA and Europe are being attacked by new varient of Covid-19 virus, subsequently the global Glove demands will remains...
2021-10-21 09:32 | Report Abuse
Finally the shorties were caught pants down by the USA news banning import of Supermax Gloves, their borrowed Supermax shares have been used up quickly due to strong buying interest from ppl around RM 2.00 levels, don't forget Supermax management is waiting to SBB below RM 2.00 to reduce number of Supermax shares in the open market...
2021-10-15 15:08 | Report Abuse
Hahaha, the brainless shorties tried so hard to press down Supermax share prices below RM 2.00 so that the smart ppl like me and many others can buy cheap and undervalued with high dividend yield Supermax shares at very low price, come on, RSS Shorties pls throw all your money in to satisfy the genuine ppl buyers...
2021-10-14 17:04 | Report Abuse
MoneyMakers, with due respect, pls be informed Supermax have only business partners in USA, but no confirm plan to built factory yet, may be set up distribution agents in USA...
2021-10-14 16:59 | Report Abuse
Hahaha, those useless RSS Shorties today again failed to bring down the Share prices unless ppl are selling, but who will sell a Jewel company with RM 3.7 billion cash in money market plus current ratio is 2.62 times, it means what ever the ASP prices, Supermax will continue to make profit in the coming quarter...
2021-10-14 16:47 | Report Abuse
Cash is King, I prefer RSS Shorties keep on pushing down the Supermax share prices, so that we can easily buy undervalued and cash rich company at very low price, the dividend yield will be higher when share prices are low, since Supermax have Glove venture in US, it will have strong profit growth eventhough ASP is lower, thus will also bring down the raw material costs for Glove production...
2021-10-14 15:01 | Report Abuse
Whether Glove ASP is dropping fast, this in turn will allowed Glove Buyers to order more stock from Supermax and its cash pile of RM 1.30 per share will allow Supermax to acquire smaller Glove company at bargaining prices...
2021-10-14 14:57 | Report Abuse
Shorties is helping genuine ppl investors to buy cheap undervalued Supermax shares in the open market whereas Kenanga research house TP is RM 2.35...
2021-10-12 20:40 | Report Abuse
Today, Shorties failed to push down share prices of Hartalega, Top Glove and Kossan, shows that market maker intend to keep the KLCI index high, so there is chance Supermax may rebound tomorrow...
2021-10-11 14:18 | Report Abuse
Consolidation exercise of AT shares is expected anytime soon... Beware... the more the Esos the more likely to have shares consolidation exercise as NOSH is around 5 billions shares soon...
2021-10-08 12:54 | Report Abuse
This is the only halal Islamic Bank Stock on Bursa, many foreign Islamic funds will accumulate the shares in their portfolios....
2021-10-08 12:38 | Report Abuse
Next Monday is a force selling day for the T plus 2 payment day... Beware..
2021-10-07 18:47 | Report Abuse
Insas paying 14 sens and ppl paying 34 sens, so the winner is...
2021-10-01 22:22 | Report Abuse
Even Kenanga joined hands with Shorties gangs to bring down the Share prices by giving very very low TP price of RM 2.35, it is still a excellent buy on price below RM 2.35, someone mentioned it will use the RM 1.30 cash per share to build hugh Glove factories in United States which in turn will bring more money back to Malaysia to reward the genuine shareholders...
2021-10-01 22:10 | Report Abuse
As long as EPF is not selling and slowly collecting on daily basis, these process will definitely killing the shorties after some times... Be patience and trust what the Top Glove boss and EPF is planning...
2021-10-01 22:05 | Report Abuse
I believe SCIB management is giving the correct QR report for the first time, question is how about the last few previous QR report, are they accurate or...
2021-10-01 22:01 | Report Abuse
IRB asking around RM 14 million tax arrears from the company...
2021-10-01 16:40 | Report Abuse
Supermax prices around RM 2.30 is a bargain, debt to cash only 0.07, current ratio is 2.62 times and current PE is 1.66 times, cash on hands around RM 1.30 per share...
2021-10-01 16:27 | Report Abuse
Among the 3 research houses TP prices, the lowest from Kenanga is RM 2.35 and you are buying around RM 2.20 to 2.30, isn't a good bargain for such low PE company...
2021-10-01 16:21 | Report Abuse
Even Glove ASP going back to pre Covid time, it is still USD 25 which is profitable and cash is King as Supermax has RM 1.30 per share, you are paying extra RM 1.00 for international Glove venture business...
2021-09-28 19:02 | Report Abuse
We have plan to buy AT after big share consolidation exercise plus RI with free warrant, then wait for the AT price drop below RI prices, you won't lose so much like Atian members kept on holding the shares from 0.30 until now, to win big in AT share price, you must have patience to wait for the share consolidation announcement which is coming soon.. Good luck...
2021-09-28 11:40 | Report Abuse
Big shorties are desperate to buy back Supermax shares even at RM 3.40 to RM 3.50 to cover the borrowed shares, once ppl stop selling, immediately Supermax price rebound very quickly until it reaches Supermax TP price of RM RM 3.15...
2021-09-28 11:19 | Report Abuse
Supermax TP price is RM 3.15 and shorties try to buy back cheaper share prices, now Supermax price is around RM 2.22, why sell when Supermax have RM 1.30 cash on hand and you are paying only RM 0.90 for the international Glove ventures business, even NTA is RM 1.89, very solid asset company, don't be fooled by the shorties, if ppl stop selling, then Supermax price will go back up to the TP price of RM 3.15 soon...
2021-09-27 20:19 | Report Abuse
AAX 1000 shares into one share consolidation exercise plus RI with free warrant..same model like Fintec groups of companies..
2021-09-27 20:10 | Report Abuse
1000 shares into one share consolidation exercise plus RI with free warrant..same model like Fintec groups of companies..
2021-09-27 19:29 | Report Abuse
Supermax TP price of RM 3.15 whereas current price of RM 2.20 with cash holdings of RM 1.30 per share, you are paying only RM 0.90 for the international Glove ventures, more acquisitions and news of building Glove factories in America will be add advantage to Supermax compared with China based...
2021-09-27 19:17 | Report Abuse
AT share consolidation exercise of 100 shares for one share coming soon to prop up the EPS of 0.003 to 0.3 otherwise it is hard to convince new ppl to buy more...
2021-09-16 12:27 | Report Abuse
I am afraid D'nounce is going to be second AT with plenty of PP and Esos issues....subsequently NOSH 313 million now will ballooning into more than ten folds with 3 to 4 billions NOSH within a year or two... Beware.
2021-09-16 11:54 | Report Abuse
Once AT and Fintec group of companies becomes major shareholder of D'nounce , very soon, there will be many announcements of funds raising exercise like 30 % Private Placement and Esos issues, Mark my words and beware.
2021-08-27 17:06 | Report Abuse
It is good company with solid customers from technology stocks and Glove stocks, future profit prospect is excellent, who ever is new CEO have financial impact on company, it has constant profit margin plus NOSH only 331 million shares plus high NTA.. Your choice...
2021-08-25 21:33 | Report Abuse
Latest Public Bank TP for AirAsia is RM 0.19 only, your choice...
2021-08-25 21:31 | Report Abuse
If any one missed the chance to buy Focus, instead you can buy Fintec shares at 2 sens only, Fintec is major shareholder of Focus, your choice...
2021-08-25 21:29 | Report Abuse
Focus share price going up and up, Fintec is major shareholder of Focus, your choice...
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-10-21 19:53 | Report Abuse
When Malaysian companies do not want to employ foreign labour, ILO complain about Malaysia, when our Glove players employed many foreigners, ILO complain to USA government about Malaysian companies forced labour, so it is better for our Malaysian government discouraging our Glove companies not to engage foreign labour so that ILO and USA government have nothing to blame our Glove company..