SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.87

Today's Change

+0.005 (0.58%)

Day's Change

0.855 - 0.875

Trading Volume

3,497,300


100 people like this.

222,699 comment(s). Last comment by mf 1 day ago

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 10:08 | Report Abuse

Price can't go up blame this blame that blame shorties blame manipulation blame market blame RSS. This is the usual behavior of trapped glovers now.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-29 10:09 | Report Abuse

actually many turn to long term investor after they trapped HAha.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 10:10 | Report Abuse

"Ya, last Mora... MBB revenue drop 40%... go look at history"

Hahaha you also said its history. How did the TSri open challenge to tigerbank ended ?

CharlesT

14,946 posts

Posted by CharlesT > 2021-06-29 10:11 | Report Abuse

Posted by invest_malaysia > Jun 29, 2021 10:07 AM | Report Abuse

Exactly. Everyday hope for rebound. You call yourself long term investor? Look at warren buffet or 天哥,did them day night hoping for rebound? These so called long term investors here actually are short term investors. They buy for 3,5% return. When they lose, they don’t want to admit it and call themselves long term investors. Then come forum scolding those who talk bad about their stocks. Pathetic.


Long term investors wouldnt come here to talk cock on prices everyday lah...only short term traders like me or fake long term investors (who stuck at high prices n then changed into so called long term investors kaki kong kaki song type).....

Posted by invest_malaysia > 2021-06-29 10:13 | Report Abuse

Maybank can even earn 2b in this kind of environment. Topglove can only earn 2b with the huge increase of ASP. See the difference?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-29 10:13 | Report Abuse

in share market cannot syok sendiri la, if wrong then say wrong la nothing shame one. if u wrong but u keep telling others to cover ur mistake then u very jingak

strattegist

23,459 posts

Posted by strattegist > 2021-06-29 10:14 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-06-29 10:14 | Report Abuse

hijau

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-29 10:14 | Report Abuse

I admit I gloves now pending a small rebound, but I will not let myself trap deep inside

Posted by invest_malaysia > 2021-06-29 10:21 | Report Abuse

Agree with @charlest. I admit I got buy supermax. But it’s for few cents rebound. And this is my day job. My personal holdings Frontken, genm, Genting & VS. please check my comments. How often I go to these forums and talk good on it?

Only those short term traders and ‘long term investors’ will come here everyday.

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 10:21 | Report Abuse

How is the history of supermx pre-pandemic? Did it earn super profit pre-pandemic? Did it hold 4 billions of cash pile pre-pandemic?
If pandemic doesn't arise, can supermx earn super profit now? Can supermx have 4 billions of cash pile now? Just think logically its super profit and huge cash piles all bcoz of the pandemic.
Thus when pandemic under control over later supermx won't have these benefits already. Without these benefits, its price tends to drop lower and lower eventually after one or two years later would be just near to its pre-pandemic price.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-29 10:23 | Report Abuse

want short term trade or fast money go judi kat serba, better than u holding gloves hahaha

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-29 10:26 | Report Abuse

want fundamental go buy Vs frontkn also better than gloves

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 10:45 | Report Abuse

Unbelievable only TG red..others just holding up by their teeth

Ron90

4,121 posts

Posted by Ron90 > 2021-06-29 10:50 | Report Abuse

watching how america doing nowadays, hugging, shake hands, back to normal life..scary thinking about glove prospect..some more with more new production lines, become liability, oversupply far worst than pre covid..cycle repeat.

covid would continue to africa and the rest of the world, but no more rich nation, cannot sell at premium like americam amd EU willing to pay.

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 10:56 | Report Abuse

Glovefinish, what is your comment on observatory valuation of supermx at rm 3.30 ? His assumption is glove price and net margin go
back to pre pandemic normalised state , capacity increased to 48 billions pa and nett cash discounted to present value ?

Posted by invest_malaysia > 2021-06-29 10:59 | Report Abuse

Ya lor. People keep on say Brazil la, India la, Africa la. How to sell premium prices for gloves like US and UK?

Posted by nataliekoo > 2021-06-29 11:25 | Report Abuse

No worries, limit up SOON !!!

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 11:27 | Report Abuse

Company currently dont have cash for shareholders (all gone for US factory/capex)

Impossible to get observatory TP 3.3 with prepandemic ASP/profits/2x capacity

Must be grossly overestimating ‘present value future cash’..should exclude current 3.9Bil cash b’coz practically gone alrdy

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 11:28 | Report Abuse

Moneymaker , why dont you write to him and tell him which of his asdumption is incorrent . He will reply to you one if anyone ask him in.a civilised manner.

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 11:29 | Report Abuse

How to limit up? U sailang all in also can't limit up. The trapped like u until crazy dreaming day and night for price up to release. Pity u.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-29 11:30 | Report Abuse

sailang rm 900mil then limit up lor hahahahah

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 11:36 | Report Abuse

@pjseow no point debating FA la ... one qs, you think funds santa clause push up for retailers run ???

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 11:40 | Report Abuse

Last week foreign funds dump 120 freaking million of tg ... in just a week ... let's see this week ... you think they don't know FA ???

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 11:41 | Report Abuse

Totally agreed with @Glovesoff.

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 11:43 | Report Abuse

Now TA is more important than FA in glove counters. The price up and down is more dependent on TA.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 11:44 | Report Abuse

Don't be a noob anymore. Backtrack April, see the warrant dates, foreign and local fund collection, near QR (buy on rumour) dates, kaboom, you see in end retailers are NETT buyers... Indian variant my foot

strattegist

23,459 posts

Posted by strattegist > 2021-06-29 11:44 | Report Abuse

green

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 11:47 | Report Abuse

I thougt you concurred with Observatory valuation by thanking him . So I just ask glovefinish and moneymakers their opinions only. Not debate lah. Enough of debates lah. If they dont want to comment . I am ok . It is their rights. I will respect their rights.



--------------------------////------------------
GlovesOff @pjseow no point debating FA la ... one qs, you think funds santa clause push up for retailers run ???
29/06/2021 11:36 AM

Posted by BilisMrJ39 > 2021-06-29 11:49 | Report Abuse

Bought 3.35. Guess Supermx has reached its bottom already. Uptrend possibility higher than downtrend.

Recommend cut loss immediately if break 3.2

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 11:49 | Report Abuse

I thank @observatory for being OBJECTIVE that's all . He/she is sifu entered low 3.30+ ... look at others so many, enter what price ???

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 11:56 | Report Abuse

Gloveoff, Objective implied not bias loh .Fair valuation loh. Look like I cant.get the price at 3 or below for my last buy . You guys do not work hard enough. Beary and Observatory more chun loh whether by doing FA or six sense.

Posted by invest_malaysia > 2021-06-29 12:01 | Report Abuse

When drop to RM6 rebound, you say people very Chun. When when drop to RM4 the same gang say rebound. You also say them Chun. Now 3.3. We’ve being talking it will drop since RM8. No one say we Chun. Hahaha kaki Kong kaki song

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:02 | Report Abuse

Haha careful what you wish for . An article or bad news away from margin call . Never say never ...

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:04 | Report Abuse

@observatory still ok, that beary tak boleh pakai one la ... remember, -120M of funds dumping .. not easy feat for retailers ... I thought telegram group very united ? Haha

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 12:05 | Report Abuse

People buying glove counters now just for short term play only, price up little with small token profit will sell, don't chase high, high selling pressure from the trapped ones rush to unload, no funds in to goreng. Like this how to limit up? How price goes up rocket high? How to have bull cycle again like last year? Hopeless, now only left the trapped ones dreaming day and night with their own imaginations and assumptions of FA and rebound wish to release.

CITADEL

1,867 posts

Posted by CITADEL > 2021-06-29 12:07 |

Post removed.Why?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-06-29 12:08 | Report Abuse

There is nothing wrong with the stock performance. Anyone can buy or sell as long as there are profits to make or don't want to lose big. It's some unpleasant and ridiculous comments that trigger the response and harsh reaction. If you feel excited, react and make quick comments just because of few cents movement, you are officially a gambler. A hardcore type perhaps. Investors won't do this frequently.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:13 | Report Abuse

@invest msia - from 8 to 3xx (I spotted redflag at 5xx) some spit at us , some say we never work hard enough , deep down they all crying inside haha . Why so geh kiang ??? Love you money la , don't love the stock , the stock also don't F you ...

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 12:16 | Report Abuse

You mean I still.got chance to buy.at.3 or below ? OK. I listen to you and wont do my.last buy today. You dont disappoint me ya .

-----------------/--/----//-/-----//----


GlovesOff Haha careful what you wish for . An article or bad news away from margin call . Never say never ...
29/06/2021 12:02 PM

Posted by invest_malaysia > 2021-06-29 12:16 | Report Abuse

Real long term investors will happily snap up shares when got big discount. They will patiently wait for the price to move up over a period of few years. They won’t day night shouting for rebound.

The so called long term investors here are gamblers which aim for 5 or 10% gain. When share price dropped, they named themselves as long term investors. Can see by the way they react. Everyday hoping for rebound, request to ban RSS, blame IB, blame ADR, blame this blame that. Keep pointing fingers. Long term investors would not bother about all these things.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:18 | Report Abuse

Someone calculated at tg pg .. need $250m (and more) to hit $7 (provided no profit takings) ... think you all better work harder on new strategy/crowd fund hahaha

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 12:19 |

Post removed.Why?

Posted by BilisMrJ39 > 2021-06-29 12:21 | Report Abuse

If want long term better go other counter. Obviously now glove are for short term only.

Why keep lie to urself say long term long term? Everyday comment nonstop but say long term

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 12:21 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:23 | Report Abuse

Danny o Danny no need cheer la every rebound... you have short term memoy loss? Almost 50% drop from April high ...

Posted by invest_malaysia > 2021-06-29 12:23 | Report Abuse

This is exactly like gamblers in Genting. When they win everyone happy. Everyone became god of gamblers. When they lose, they blame people tumpang la, dealer not good la. Keep pointing fingers. Exactly like the bunch of so called long term investors here. Same behavior. Very obvious now.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 12:23 | Report Abuse

Bilis... nothing Should be Long Term in Bursabet lah. I have a few LT investors bought MBB at 11. Drop to 6... now 8. LT can be good if u buy low... like this SM now... So cheap....

Posted by BilisMrJ39 > 2021-06-29 12:25 | Report Abuse

I'm buying this for short term only due to TA rebound and huge discount from its peak. Wont hold for more than 1 month.



Posted by BilisMrJ39 > Jun 29, 2021 11:49 AM | Report Abuse X

Bought 3.35. Guess Supermx has reached its bottom already. Uptrend possibility higher than downtrend.

Recommend cut loss immediately if break 3.2

Posted by invest_malaysia > 2021-06-29 12:26 | Report Abuse

You see. Up abit only at there making huha already. I believe warren buffet wouldn’t even bother about this kind of gains. He’s the real long term investor. People here are just gamblers

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