Posted by hng33 > 1 month ago | Report Abuse

bought supermax at 83.5sen

Posted by Alistino G > 1 month ago | Report Abuse

The company is buying back the shares and again recently on 23Sep.2024

7106 SUPERMX SUPERMAX CORPORATION BHD
Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016
Date of Buy Back : 10/09/2024
No. of Shares Purchased : 1,223,500 shares
Minimum Price Paid For Each Share Purchased : RM 0.800
Maximum Price Paid For Each Share Purchased : RM 0.800
Total Amount Paid For Shares Purchased : RM 983,009.04
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 1,223,500 shares
Total No. of Shares Retained in Treasury : 170,000,000 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 23/09/2024
Lodged By : Boardroom.com Sdn Bhd
Remarks:
You are advised to read the entire contents of the announcement or attachment.

To read the entire contents of the announcement or attachment, please access

the Bursa website at http://www.bursamalaysia.com
Submitted By:

Posted by Adrian Tan > 1 month ago | Report Abuse

The 2 continuing articles in The Edge suggested that telling good stories about themselves, pushed Nvidia & Tesla’s valuations up a lot higher than their underlying earnings. Why isn’t Supermax IR doing something, anything a little like this? First place of reference for anyone is naturally their website but its current state is just terrible and doesn’t install much confidence. Can the CEO of supermax please revamp it quickly!

Posted by Adrian Tan > 1 month ago | Report Abuse

Sorry, instill confidence, not install confidence & we desperately need that.

Posted by Mini2021 > 1 month ago | Report Abuse

You come back another 6 months ...no need to grandmother story...

Posted by Adrian Tan > 1 month ago | Report Abuse

We need all minority shareholders to push Supermax management to up its game in projecting the company adequately, perhaps learn from Kossan, Hartalega or Topglove. Its shares should not be trading at half its book value when these 3 in the same industry are more than 1 & half time.

Posted by ScotFree > 1 month ago | Report Abuse

No worry lah. SUPERMAX is now in investment mode, building capacity..down time build, up time reap

Posted by Alistino G > 1 month ago | Report Abuse

There's no need to worry (go for holiday for a month or two) and let the stock move up gradually to it's next resistance at 0.955 which is quite far. RSI is at 54% indicates it's neutral position. This is a good time to accumulate to each individual capacity and tolerance.

Posted by Alistino G > 1 month ago | Report Abuse

Today, I managed to buy some more.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Glove party approaching ke??

Posted by Alistino G > 1 month ago | Report Abuse

EngineeringProfit,
Yup, don't miss the opportunity.

Posted by newbie9893 > 1 month ago | Report Abuse

look likes glove counters going to shoot up to the moob soon lead by Harta...buy...........

Posted by blackmamba87 > 1 month ago | Report Abuse

All the price target says Supermx to be at RM1. But no harapan also..

Posted by Adrian Tan > 1 month ago | Report Abuse

Supermax share price is going the opposite direction of the industry. It must be the market reflection of what it thinks of its management. Why is it not projecting anything positive about supermax? Wonder if they even talk to analysts regularly. Wonder when they are going to revamp their disgracefully outdated website. Where the hell is its Investor Relation manager?

Posted by Alistino G > 1 month ago | Report Abuse

RSI 46%, can start loading. Next Resistance is 0.955

Posted by bose00 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/729668

Posted by bose00 > 1 month ago | Report Abuse

Good news!

Posted by Gaussian > 1 month ago | Report Abuse

Limit up lol

Posted by Alistino G > 1 month ago | Report Abuse

Last week, I managed to get some. Today, I queued but didn't manage to close. See tomorrow, any luck.

Posted by Alistino G > 1 month ago | Report Abuse

Gaussian, not so far la, okay.

Posted by Alistino G > 1 month ago | Report Abuse

Gaussian,
be patient, man man lai...
Time to accumulate dan tunggu.
https://theedgemalaysia.com/node/726994

Posted by Alistino G > 1 month ago | Report Abuse

hng33,
wait,,,,,, not yet!

Posted by Gaussian > 1 month ago | Report Abuse

Supermax price will definitely be the same as kossan. lol

Posted by EngineeringProfit > 1 month ago | Report Abuse

SUPERMAn is my favourite

Posted by freddiehero > 1 month ago | Report Abuse

rili cool superman... its real hero

Posted by Adrian Tan > 1 month ago | Report Abuse

Gaussian, I really really hope Supermax can be nearer Kossan’s price to recover losses for some & make a little more profit for some but what we small time shareholders should really really hope for is its management to arise from their slumber to tell the company’s story to give everyone the good feel. They should really start by trashing its shamefully outdated & uninspiring website! Perhaps if the sensible Thai daughter oversees the management, it’ll do much good for minority shareholders.

Posted by Alistino G > 1 month ago | Report Abuse

On Friday, traders showed some enthusiasm in buying , with RSI reaching 48.4%; still a good level to accumulate before Texas factory starts it's operation in Jan.2025. Hopefully, on Monday, this positive trend and yet moderate buying continues to touch 0.955 which is a 9% improvement. The management is not in slumber but could only allows the market to decide its movements.

Posted by Adrian Tan > 4 weeks ago | Report Abuse

Everyone should go to www.supermax.com.my to see how outdated the website is. Latest news posted was 14 Apr 2023, latest photo in Photo Gallery is 16 July 2012. Does not give very good impression on com. Alamak, pay lah some money to make it look good & impressive, not management on sleep mode. How can we hope for pension fund of Norway to be interested like that?

Posted by Alistino G > 4 weeks ago | Report Abuse

Yup, their website needs an immediate attention for updates.

Posted by jklkk911 > 4 weeks ago | Report Abuse

dont be suprise if they still take order only by fax in PO

Posted by ket4212 > 4 weeks ago | Report Abuse

I hope trump win election

Posted by Alistino G > 3 weeks ago | Report Abuse

Price has softened a little and yet buying was very conservative. Good opportunity for
medium term investors. Personally, I have accumulated for quite bit; with extra money, I would certainly continue to buy.

Posted by Alistino G > 3 weeks ago | Report Abuse

Now, we see some strength in the buying, it (RSI) has moved above the 50 centerline mark to 55,4. Positive indication that buying is gradual means the presence of mid-term investors.

Posted by hng33 > 3 weeks ago | Report Abuse

sold supermax at 85.5sen, locked profit first

Posted by Gaussian > 3 weeks ago | Report Abuse

Sold too early lol

Posted by speakup > 3 weeks ago | Report Abuse

https://theedgemalaysia.com/node/731276

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Posted by Dannyfyl88 > 1 week ago | Report Abuse

This is perhaps the cheapest Gloves stock with the most potentials with greater return. This was at same price or higher than Kossan and TG. Look at it now... shit because of family feuls...

Posted by chunah > 1 week ago | Report Abuse

Will be Superman v v soon
Buy b4 he fly

Posted by Gaussian > 1 week ago | Report Abuse

Same price as kossan lol

Posted by onhands > 1 week ago | Report Abuse

SinGor

Only Super is looking Good from USA tariff---Trump promise 60% Tariff on All Countries joining BRICS
Ikan Bilis move in but Institution moving out TG

Posted by onhands > 1 week ago | Report Abuse

TRUMP Warns BRICS countries with 100% Tariff for Dedolarization: What's Going to Happen?

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De-dollarization refers to the global movement aimed at reducing reliance on the U.S. dollar for international trade, financial transactions, and foreign reserves, and it has gained momentum over the past decade due to various geopolitical and economic factors. The U.S. dollar's share of global reserves has seen a steady decline, from around 71% in 1999 to 59% in early 2024. This trend reflects a shift in reserves towards other currencies, including the euro, Chinese yuan, and smaller currencies like the Australian dollar and Swiss franc, which are being increasingly used for diversification purposes.

Posted by 5231428 > 1 week ago | Report Abuse

Gloves made in the USA will be in demand and Supermax have glove company in the USA.

Posted by calvintaneng > 2 days ago | Report Abuse

The Implication, Amplification, Ramification & And Identifying Opportunities in Applications to Trump New 4 Year Term (2025 to 2029) as USA President, Calvin Tan


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-11-story-h473777372-The_Implication_Amplification_Ramification_And_Identifying_Opportunities

Posted by calvintaneng > 1 day ago | Report Abuse

TRUMP IN POWER; SUPERMAX IN USA IS TOP BENEFICIARY AS TAX ON CHINA GLOVES 50% To 100% & OTHERS UP TO 20%, Calvin Tan


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-12-story-h473828061-TRUMP_IN_POWER_SUPERMAX_IN_USA_IS_TOP_BENEFICIARY_AS_TAX_ON_CHINA_GLOVES

Posted by calvintaneng > 1 day ago | Report Abuse

Stanley being a shrewd businessman already calculated the risk/reward of building New Glove Factories in USA
Or else he won't be a successful billionaire that he is today


TRUMP IN POWER; SUPERMAX IN USA IS TOP BENEFICIARY AS TAX ON CHINA GLOVES 50% To 100% & OTHERS UP TO 20%, Calvin Tan


https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-12-story-h473828061-TRUMP_IN_POWER_SUPERMAX_IN_USA_IS_TOP_BENEFICIARY_AS_TAX_ON_CHINA_GLOVES

Posted by Endgame > 1 hour ago | Report Abuse

Old supermx is game over
New supermx will soon everyone rush and chase to buy