Supermax had peaked in 2020, now time to rest. 2021 is collection mode by FF by shorting.

UK and US factories are built part of counter covid.

Their main objective is to combat another pandemic in future.

They want to buy more not at this price. Or they squeeze it to privatise leh at a discounted price. Who knows?

Supermax already hinted they are stingy on their dividend payout. In directly ask u to sell.

Be cautious. Happy trading

Noted Michael sifu

Actually i bought high around 68sens for engtex..hope it will reach TP 84sens

Thanks again for your kind advise

$60..tonite fb sifu call buy

Michael sifu, can advise Engtex and Pantech can hold for long term as building materials will boom?

Glove stock is a buy/hold/sell?

Thanks for your kind advise.

Michael sifu is very accurate. Respect!

@staedy already said potential special dividend next quarter, now expansion mode, waiting for US good news. or wait for someone to buy over.

05/02/2021 1:02 PM

-------------------------------

Noted. But everyone is waiting for CNY angpao. Lol

Based on the Management history..Supermax is not likely to give more dividend..with Supernormal profits, dividend is still the same.

They only want to increase their production capacity.

More AGMs to come, same explanation will be increasing more capacity in near future.

Investors just dumb their hard earn money to help the company grow till 2023. U will earn nothing in the end.

Uncle and Aunty not buying Supermax anymore.

The push past few days was by retailers (see what happened to Gamestop now)

Value investment is not to buy now, buy before the pandemic.

Invest cautiously in glove. Happy trading

Tp 0.8..kekeke..HODL

HODL...wave 3 tsunami coming

@ToneeFa, thanks foe your input

@Taipan

It was peaked at more than 750k cases per day during winter.

With Singapore small population as an example of using mRNA Pzifer vaccine and assurance from the gov. We will see the results by end 2021


Hopefully everyone can go back to their normal life by 2022

@staedy

Noted. Thanks for your reply

Looks like the daily new cases have declined sharply.

https://www.worldometers.info/coronavirus/

Can any sifu advise is it due to the lockdown? Or efficacy of the vaccines? Or unreported cases? Or new strain of covid is reported in another worldometer?

Thanks

Fb sifu will call buy when reach rm60 and above..they will buy tomorrow

Post removed.Why?

After retailers fight with shorties, is retailers fight with retailers?

Most of the retailers here have no more fund to pump up the price.

Be cautious. Happy trading

@winterwolf, does dead lagged behind the new cases?

Thanks for the useful info

Can some sifu advise why the new cases keep dropping?

https://www.worldometers.info/coronavirus/

Uncle buy XRP the pump will begin 1 Feb 2021 9.30pm...kekeke

Stock up = UMA
Stock down = no problem, welcome more RSS

Bursino

Whales = Operators
Bilis = Customers

This is how it works.

If Bursabets can become Whales in 2021, Bursa will team up with all brokers only to allow u to sell only and no buy botton.

If employees can become the boss of the company, what is the boss in a company?

Lets see what will happen next week.

@Ryan83 hopefully, i hope the management will commit to the investors this coming EGM..if not i think better swap to TG for long term

Last EGM said this quarter good dividend payout rite? then this quarter will say next few quarters dividend better or no more dividend in future if ASP comes down?

The management of Supermax is actually good taking care of their staffs but not to shareholders.

Topglove take care shareholders more by giving good dividend and SBB.

Harta and Topglove give more than Supermax

Really stingy Management

At least 10sens for its OBM brand

Expenses doubled due to Angmo salary in UK?

No SBB and low dividend payout..dont even bother retailers at all

Disappointed on the dividend payout..

It must be done with DSST SBB

@xhris99 ok..i will keep it. Goodluck

@staedy,

The glove game will reset for the next play 2022/23 at a much lower TP or same TP quoted by IB 9..somewhere they must drive down the price first..it will take a long time this time round..those bought 7 and above i dont think can make any profit unless u day trade.

2 cents

@staedy,

1) they are reseting the game for the next pandemic or covid20. They have sold to at the peak 20-24 (pre BI). They are not traders profit gain for 1 day show.

2) they saw the future of Supermax, they want to pump in more at a much bargain price. Assume they successfully bring to 2 and start pumping in 2 to 4, come out good news for u to start buying from 4 to 10. Or if they pump in now 6 to 9. Who will buy above 9?

3) JPM saw Supermax potential at the US. That y attacking Malaysia glove making such statement

https://www.theedgemarkets.com/article/rubber-glove-manufacturers-fall-bearish-report-jp-morgan

Any small bilis or SC sue JPM?

Im just a small bilis, i will buy again when the pandemic is over.

Thank you

@Parrot Big boys want to invest in Supermax by bringing down the price first..that is what i foresee..they are like us want to invest billions in a super undervalue glove stock like Supermax.

We will be at the losing end by going against them

Prediction based on chart:

Jan 2021 TP 7
Feb 2021 TP6
Mar 2021 TP6
Apr 2021 TP5
May 2021 TP 5
Jun 2021 TP 4
Jul 2021 TP 4
Aug 2021 TP 3
Sep 2021 TP 3
Oct 2021 TP 2
Nov 2021 TP 2
Dec 2021 TP 2

RSS by Big sharks already tell small retailers they want to buy at 2

And wait for the next pandemic or Supermax will become a dividend shares..buy at 2 with higher DY

My 2 cents

Sorry guys, I already accept the fact in Dec 2020

Its a triple downtrend confirmation..chart dont lie guys

TP 7 already reached this month.

Next TP will be 6 for next month...it is a slow downtrend coz of excellent profit..look at mercator chart.

Im here to warn and not buying it since Dec 2020

Im once a glove believer, sorry guys

Ah Thai vs JPM

Ah Thai angry already..SBB..maybe today result out

Congratez those who bought yesterday low

@Targeted sifu, ASP skyrocket but share price coming down. How? Can Ah Thai do something? Since uncle and aunty, IBs, most of retailers DONT support the share price above 6.

@ChaseBros, noted on the lockdown. I will buyback if by Mar 2021 the daily case is above 800k

Mco 2.0 + darurat is far different from mco 1.0

Glove making huge profit will be another charity donation to PN gov

Look at the cases, 99.6% in mild condition. Only 0.4% in serious/critical.

97% recovered, 3% dead.

https://www.worldometers.info/coronavirus/

Daily cases around the world 8s dropping since vaccine is out.

This is the fact. Graph lie?

Those buyers are averaging or day traders

Switch to steel counter before too late and get back your capital

The most undervalue stock now

Downtrend double confirmed..chart dont lie..forum is a lie

Take care guys

TP 7 until QR..next mth onward TP 6

Becareful guys

The last shark has exited this morning..afternoon and thereafter will be the bilis and JPM fighting

Actually uncle dint buy any of Supermax..he was paid to write the article only for sharks to exit.

He was just another operator..lol

Supermax or Topglove sponsor the glove

TS LWC must wear green glove then share price will up...kekeke

Those who bought Supermax 1 year earlier and still holding will benefit from their expansion..those who buy now are fools

85% of the investors (including JPM) will not push up the price,

10% of the traders will fifo,

5% of the investors will buy at these price only

Read Chiovo sifu greater fools

Cannot fight with sharks one..JPM already paid for the news

Someone bigger than JPM only able to push the price up

Shorties in play or Chartist CL?

Break MA200 again?

Shorties are back?

Bursa Malaysia

Price down - usual

Price up - unusual

Manipulated by sharks in collab with SC