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

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 12:27 | Report Abuse

Glove Off , Harta., Kossan and Supermx up more than 12 sen already . Should I listen to you and wait for rm 3 or below to do my last buy ? I very scared to lose the opportunity to buy at lowest . Tell me . I am very kan chong now. What if it suddenly shoot up.30 or 40 sen in one day like last April ?

Posted by GloveShortDIE > 2021-06-29 12:28 | Report Abuse

Hope this round of rebound will send all shorties back to the shxt holes where they belong.

Posted by invest_malaysia > 2021-06-29 12:28 | Report Abuse

Bunch of gamblers

CITADEL

1,867 posts

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

Post removed.Why?

CITADEL

1,867 posts

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

Post removed.Why?

sharemarket21

1,911 posts

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

A gambler who average down is the worst among the investing categories. This is double sword risking your total investment if the price remain stagnant or lower. Although the averaging price sounds consoling but in reality your investment capital is increased and paper losses ballooned compare to your initial investment amount. In another word don't average down if you have no clue what is going on or if the price can still go even lower. Unless you can spot each lowest level for averaging. As now it's disastrous based on the current price and factual since 9 months back. Not too sure about what's next. We shall wait and see..

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:30 | Report Abuse

@pjseow ~ I think you really sot sot from your losses d . Another short term memory loss/pancut awal ... see your bezza parked outside as reminder ... hehe LONG TERM investor dont pancut at 4% up

CITADEL

1,867 posts

Posted by CITADEL > 2021-06-29 12:30 |

Post removed.Why?

Billboard

150 posts

Posted by Billboard > 2021-06-29 12:31 | Report Abuse

Onto yr marks

Posted by Newbusybody > 2021-06-29 12:31 | Report Abuse

Indonesia lockdown again starting 30th june. Anorther wave in the making. Delta strain.

Posted by invest_malaysia > 2021-06-29 12:34 | Report Abuse

Now very obvious already. Up 10cents everyone very excited. Isn’t it gamblers behavior? These so called long term investors are gamblers. They care about people talking bad about their shares.

You try to talk bad about AAPL. See warren buffet cares or not.

Fklim888

1,613 posts

Posted by Fklim888 > 2021-06-29 12:34 | Report Abuse

Lai liao.... LD or LU lol

Posted by GloveShortDIE > 2021-06-29 12:42 | Report Abuse

UK Locked down
Australia Locked
Europe Locked Down
Asia Locked Down
US locked down soon
next
Antarctica

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 12:42 | Report Abuse

Don't be so happy with price little up if can better take profit or cut minor loss bcoz it would drop back again due to only retailers trading and no funds in to goreng.

Posted by GloveShortDIE > 2021-06-29 12:42 | Report Abuse

Welcome to Glove Trend 2.0

Posted by invest_malaysia > 2021-06-29 12:43 | Report Abuse

Bunch of gamblers

Billboard

150 posts

Posted by Billboard > 2021-06-29 12:44 | Report Abuse

Now everyone checking ascent target oredi

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 12:46 | Report Abuse

Beary is enjoying his Straw Berry at home . hehehe. His six sense not bad leh.

Posted by GloveShortDIE > 2021-06-29 12:48 | Report Abuse

At the meantime many shorties are being placed into the cooking pan

Let's put on more fire .

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 12:49 | Report Abuse

Can see now so many trapped ones so called "long term investors" are so excited come out to celebrate with the little price up just bcoz hope for rebound to release.

Posted by GloveShortDIE > 2021-06-29 12:50 | Report Abuse

I reckon the overcooked shorties frogs will smell like shxt.
Because they are all coming from the assh0les

CharlesT

14,946 posts

Posted by CharlesT > 2021-06-29 12:54 | Report Abuse

I can smell chicken rice oredi...

Is this the beginning of my fifth rebound???

Jiang jiang jiang jiang

Posted by invest_malaysia > 2021-06-29 12:55 | Report Abuse

@glovefinish, exactly. These are gamblers obviously

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 12:55 | Report Abuse

Where got US/UK/EU lockdown..no need misinfo

Just enjoy the goreng while it lasts

CharlesT

14,946 posts

Posted by CharlesT > 2021-06-29 12:57 | Report Abuse

The previous 4 rebounds r ranging fm 40%+ to 90%+...last one was ard 60%+

Lets c

CharlesT

14,946 posts

Posted by CharlesT > 2021-06-29 12:58 | Report Abuse

If 25% rebound i also very happy

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 12:59 | Report Abuse

@Charles - gor ... disclaimer where? Later get sue how

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 13:02 | Report Abuse

No funds in, only retailers trading, little goreng up only. No big rebound as what u expect, it would drop back again later. Wait to see how long it can last.

mf

29,183 posts

Posted by mf > 2021-06-29 13:05 | Report Abuse

HONG KONG: Hong Kong will ban all passenger flights from the United Kingdom from Thursday (Jul 1) to curb the spread of the Delta variant of COVID-19, the government said on Monday.

Britain will be specified as extremely high-risk, and people who have stayed in the country for more than two hours will be unable to board passenger flights bound for Hong Kong,

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 13:07 | Report Abuse

Invest malaysia, there are no Warren.Buffet in i3 forum. The Warren.Buffet equivalent are the founders of all the glove makers plus their senior
directors. They die die hold whether rain or shine. They will add more when prices are low.
-----------------
invest_malaysia Now very obvious already. Up 10cents everyone very excited. Isn’t it gamblers behavior? These so called long term investors are gamblers. They care about people talking bad about their shares.

You try to talk bad about AAPL. See warren buffet cares or not.
29/06/2021 12:34 PM

Posted by invest_malaysia > 2021-06-29 13:11 | Report Abuse

@pjseow, you also know how to say right. They die die hold. I can say that the founders and senior directors are long term investors. Did you see them making huha when the share price up 10cents like the gamblers here?

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 13:14 |

Post removed.Why?

Posted by Debonnaire > 2021-06-29 13:17 | Report Abuse

Anyone noticed Mercator also went up quite abit last nite?

Posted by Debonnaire > 2021-06-29 13:21 | Report Abuse

How much would SM use fm their RM4B cashpile to upgrade their capacity locally in producing 48 billion gloves by 2022?

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 13:21 | Report Abuse

Gloveoff, Why you talk like that ? You are TA expert mah. I want to treat you as TA sifu also cannot ? Can buy today or not ? Should I wait and buy at lower price when there will be margin calls as what you claim ?

Posted by invest_malaysia > 2021-06-29 13:22 | Report Abuse

Don’t gamble la

CITADEL

1,867 posts

Posted by CITADEL > 2021-06-29 13:27 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 13:27 | Report Abuse

1.39 billions
------------------
Debonnaire How much would SM use fm their RM4B cashpile to upgrade their capacity locally in producing 48 billion gloves by 2022?
29/06/2021 1:21 PM

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 13:27 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-06-29 13:28 | Report Abuse

intco alrdy up 21% for the past 5 days

greedy44444

2,497 posts

Posted by greedy44444 > 2021-06-29 13:29 | Report Abuse

4.00 coming....buyyyy !

monetary

4,447 posts

Posted by monetary > 2021-06-29 13:30 | Report Abuse

after lunch break gap up.

observatory

1,065 posts

Posted by observatory > 2021-06-29 13:31 | Report Abuse

Let me clarify my calculation shared yesterday. My exercise doesn’t produce a “fair value” of RM3.3. I believe I’ve written it as RM3.3 PLUS/ MINUS an uncertainty range. To me fair value is not a single number but a fuzzy range which changes as fundamentals (e.g. supply, demand, interest rate) change. Every time I do such exercise I get a different number. So I’m sure RM3.3 will not be the last. However at current price the stock is within my comfort range.

For me the valuation process itself is more important than the output. Such exercise forces me to think hard about those assumptions. Besides to start with I also hold a long term diversified portfolio.

Mentioned before I’ve been holding glove stocks before the pandemic as this is one of the few growth sectors in Malaysia. However, I’ve been selling down last year and this is time to rebuild. I’ve already started with Harta. As long as fundamentals do not worsen I'll buy in stages.

I think there is no right or wrong approach here. Each person has his own style, knowledge and risk tolerance. Just find one that suit best.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 13:33 | Report Abuse

Monetary... Intco up is not a good news for gloves here. Shorties will say... see.. China is making gloves like crazy... Oversupply Oversupply... The world No:1 TG will be No:5.. SM no.50. All goes to China now....even the Rubber trees and the Oil in the ground too. See... nothing good out from them. Expect negatives only. Let's see lo... When this swing around, all gone hiding again.

monetary

4,447 posts

Posted by monetary > 2021-06-29 13:34 | Report Abuse

so now all good tones? no more over supply? no more threat from China?

CharlesT

14,946 posts

Posted by CharlesT > 2021-06-29 13:38 | Report Abuse

Downside risk seems to be limited now (unless it breaks rm3.30)..Ah Thai will take care of the upside

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 13:42 | Report Abuse

IntCo still 60% down from this year high

See later case numbers if near 6K mybe can goreng somemore

Habisgl0ve

371 posts

Posted by Habisgl0ve > 2021-06-29 13:51 | Report Abuse

Bull trap

strattegist

23,459 posts

Posted by strattegist > 2021-06-29 13:52 | Report Abuse

green

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