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

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 15:18 | Report Abuse

Oh oh.. 3.5... now... where are they now? As noted... disappeared.

IvanC

669 posts

Posted by IvanC > 2021-06-29 15:20 | Report Abuse

buy buy buy

Posted by ProsperousRealm > 2021-06-29 15:20 | Report Abuse

biasa lor, itu shortie gambling gang guys

bunch of cheapskate chickenshhit gamblers only leh

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 15:21 | Report Abuse

Dr MM still think Delta no worries.. when the Whole world is worrying except this crock Dr. So quiet now this is on the way up. Come out of dark ya? Sunshine now...

Posted by oldbeginner > 2021-06-29 15:36 | Report Abuse

Please drop more, I want to collect more

Posted by WaterBlower > 2021-06-29 15:37 | Report Abuse

Alot new faces now when red turn green. I like this kind of concept lol. When the tide changes. New name comes in.
I am Neutral here

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-06-29 15:51 | Report Abuse

Everyone should make some decent profits. But now let's clear the sudden spike first if it's just temporary or real technical recovery accumulation. It failed prematurely 3 times earlier. Local boys trading have no mercy and unpredictable compared to the big boys. Still the same 20-40 cents target or still wait below 3.30 or 3.61 above.

GrowingRich

2,753 posts

Posted by GrowingRich > 2021-06-29 15:51 | Report Abuse

shortie gambling guys gang kena hamtam gaw gaw lor

GrowingRich

2,753 posts

Posted by GrowingRich > 2021-06-29 15:51 | Report Abuse

padan muka sama dia orang itu semua

Posted by invest_malaysia > 2021-06-29 16:00 | Report Abuse

Today rebound mainly due to the cases in Malaysia. Not ASP increase. Sell while it’s good.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 16:00 | Report Abuse

UOB
1Q21: An End To A Good Run
The 1Q21 reporting season saw glove producers meeting expectations despite being
weighed by suboptimal output. Subsequent quarters should see earnings being largely
sustained, but will normalise thereafter. Against this backdrop, we fear normalisation of
earnings will weigh on sentiment. We have lowered the PE peg component in our SOTP
to factor in ASPs coming in lower than expected. Given the looming headwinds and
unfavourable reward-to-risk payoff, we downgrade the sector to UNDERWEIGHT.

RM3.10 TP

GrowingRich

2,753 posts

Posted by GrowingRich > 2021-06-29 16:02 | Report Abuse

shortie gambling guys gang sudah kena hamtam gaw gaw lor

GrowingRich

2,753 posts

Posted by GrowingRich > 2021-06-29 16:03 | Report Abuse

padan muka sama dia orang itu semua

MoneyMakers

7,668 posts

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

6.4K cases today nice little goreng

MC33

182 posts

Posted by MC33 > 2021-06-29 16:23 | Report Abuse

UK yesterday 22.6k cases

Posted by invest_malaysia > 2021-06-29 16:23 | Report Abuse

If someone here remember, when Malaysia first announced cases more than 6k. All gloves rebound also. Later all drop back. It’s the same now.

Billboard

150 posts

Posted by Billboard > 2021-06-29 16:31 | Report Abuse

Haha GloveShortDie where u get such good timely name fund 1.5b coming in next week

Posted by oldbeginner > 2021-06-29 16:35 | Report Abuse

All I know the business everywhere is tough this year and next year. Only glove companies still making money

chensk

79 posts

Posted by chensk > 2021-06-29 16:43 | Report Abuse

Rebound for spreading of Delta variant.

Posted by oldbeginner > 2021-06-29 16:48 | Report Abuse

chensk Rebound for spreading of Delta variant.
29/06/2021 4:43 PM

Our world is currently full of this uncertainties regards to this covid, still early to say we are covid free . Couple with bad economy , I might be wrong but I’m sure glove companies still making money compares to other.

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 16:49 | Report Abuse

You mean this morning the retailers knew the number of cases will be more than 6 k ?
----------------------------------------------------
invest_malaysia Today rebound mainly due to the cases in Malaysia. Not ASP increase. Sell while it’s good.
29/06/2021 4:00 PM

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 16:49 | Report Abuse

Last yr rebound from 3.3-4.5..might happen again this year who knows..nice symmetry

CharlesT

14,946 posts

Posted by CharlesT > 2021-06-29 16:50 | Report Abuse

Closing is still ok lah

Tmr will be another day

Posted by invest_malaysia > 2021-06-29 16:52 | Report Abuse

Wahlao. @pjseow. I taught you’ve been investing for 10+ years? Market always react faster than news one you don’t know? And retailers always is the latest to get the news

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 16:58 | Report Abuse

Only the retailers trading, so far no funds in, without funds goreng how far it can go up? Later would drop back again.

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 17:03 | Report Abuse

Nice exit opportunity for our friends if go up to 4.5 like last year..definitely within my chart range..pray hard tonite

Cnlim

490 posts

Posted by Cnlim > 2021-06-29 17:04 | Report Abuse

I think alot of sin kah lan is this forum telling people to sell . professional traders don't need your advice haha

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

Professional long term investors don’t even bother about 10,20 cents fluctuations. Only gamblers care and excited.

monetary

4,447 posts

Posted by monetary > 2021-06-29 17:09 | Report Abuse

CB uob. gloves up 1day immediately publish negative report.

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

Had a dream last night, god told me to open new account name "GloveShortDIE", and he wants to give the last warning to those shorties.

Posted by GloveShortDIE > 2021-06-29 17:19 | Report Abuse

I will pray to god to take back all dirty money earned by those shorties
by spreading fears

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-06-29 17:23 |

Post removed.Why?

Billboard

150 posts

Posted by Billboard > 2021-06-29 17:23 | Report Abuse

Cb uob gangs worrying from next few weeks weekly 1.5b coming in

Posted by invest_malaysia > 2021-06-29 17:30 | Report Abuse

If you guys are long term investors, why bother about the negative report? Unless you’re gambling la.

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 17:32 | Report Abuse

Go and check the homily chart clearly indicated no funds flow into this counter, is just dominated by retailers trading. U can derive homily chart from YouTube.

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 17:38 | Report Abuse

Good try. The number of cases has been increasing for the last two months in Malaysia but the stock prices went opposite directions. Hence , there is no correlation between the two. In my opinion, time is ripe for rebound plus the increasing spreading of Delta variant infections in.more than 85 countries has more to do with todays rally.


invest_malaysia Wahlao. @pjseow. I taught you’ve been investing for 10+ years? Market always react faster than news one you don’t know? And retailers always is the latest to get the news
29/06/2021 4:52 PM

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 17:40 | Report Abuse

Agreed with invest_mslaysia, if u are so called long term investors why so bother about short term price up and the negative report? If so bother that bcoz u are the trapped gamblers waiting for rebound to release and scare of the price can't go up affected by the negative report.

Posted by Ahmadahmad88 > 2021-06-29 17:44 | Report Abuse

If you are not RSS syndicate,why do you scare price up?

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 17:46 | Report Abuse

Anyway if no funds in, only the retailers trading, any price up due to whatever effects like the increase of cases or delta variant spread would be short-lived can't last long, later would drop back again bcoz of no funds goreng.

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-06-29 17:50 | Report Abuse

Tomorrow limit up

glovefinish

2,070 posts

Posted by glovefinish > 2021-06-29 17:53 | Report Abuse

Wait to see tomorrow any limit up or the price drop back.

Posted by invest_malaysia > 2021-06-29 18:11 | Report Abuse

@pjseow, seems like you don’t know what is market sentiment. I lazy to type out and explain la.

warrenG

374 posts

Posted by warrenG > 2021-06-29 18:14 | Report Abuse

Israel most successful vaccination rate country with 60% full vaccinated citizens and almost 90% rate for those eligible and 0 cases for several weeks, break 300 cases yesterday with Delta variant in just few days. active cases highest surpassed 1k cases highest since May

MoneyMakers

7,668 posts

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

UOB Kay Hian Malaysia Research has downgraded the glove sector to UNDERWEIGHT from market weight as it fears the moderation of earnings over 2022-23 would drag on sentiment.

In its report on Tuesday, it added that due to the lofty average selling prices (ASPs), the glove makers could revert SHARPER than expected.

Inventory levels in the US are said to have almost restocked to pre-Covid-19 levels, it said.

MoneyMakers

7,668 posts

Posted by MoneyMakers > 2021-06-29 18:22 | Report Abuse

Aiyoyo where got Israel cases ever 0..wanna lie also try less obvious lol

No need fearmonger Israel..medical expert alrdy say their hosp/death very2 low

Posted by invest_malaysia > 2021-06-29 18:33 | Report Abuse

No need to talk about delta variant. Whole world also know. Meaning whole world scientist also doing something about it now.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-06-29 18:40 | Report Abuse

Both the Pfizer-BioNTech and Moderna vaccines may provide lifetime protection against COVID-19, a new study suggests.

This could mean that Pfizer and Moderna recipients could have long-lasting immunity - for years or potentially the rest of their lives - and may not even need boosters, reported first by The New York Times.

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 18:43 | Report Abuse

Invest malaysia. It s okay. No need to explain. Only difference of opinion. As you said earlier, the local retailers are not strong enough financially to move the market. Some bigger funds started to come in. Will.see tomorrow.and day after tomorrow to confirm. I thought.you bought a lot below 3.5 . You said 再跌再买,再跌再买 last week。You.should be happy when the price went up. right ?

strattegist

23,459 posts

Posted by strattegist > 2021-06-29 18:57 | Report Abuse

closed green

pjseow

2,264 posts

Posted by pjseow > 2021-06-29 18:58 | Report Abuse

Scientists have been working on.flu vaccines for decades but its effectiveness is still.about a year. As for HIV., till.today.scientists are still.working to develop an effective vaccines. It is everybody wishes to find a good and long term.vacciness but we have to be realitic.




---------------------------------------
GlovesOff Both the Pfizer-BioNTech and Moderna vaccines may provide lifetime protection against COVID-19, a new study suggests.

This could mean that Pfizer and Moderna recipients could have long-lasting immunity - for years or potentially the rest of their lives - and may not even need boosters, reported first by The New York Times.
29/06/2021 6:40 PM

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