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 21 hours ago

pjseow

2,264 posts

Posted by pjseow > 2021-07-01 10:31 | Report Abuse

Beary, the 1918 spanish flu pandemic killed 50 millions. There was no vacciness then. With today 8 billion population , a 2 % mortality rate means 160 millions death. A big price to pay . Vaccination approach is still far better. Just need to develop new vaccines every year to combat the new mutated cunning covid 19 viruses.

--------------------------------------
Beary Perhaps Trump was right after all.

The best way of course of course is China's sledge hammer method.

But when the virus is already wide spread, the sledge hammer method is not possible.

We then should have just gone for herd immunity and let the virus be defeated naturally like the 1918 pandemic.

Vaccinations will only buy the virus more time to evolve and become stronger.

Short term gain, long term pain.
01/07/2021 10:00 AM

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-01 10:32 | Report Abuse

Thanks my friend. Not really and many commenters like you are equally good and knowledgeable here. We are here to compliment the missing parts only. The real guys are out there. Hopefully can tap in and following the flow. Its a lot easier just to say buy for long term investment and waiting for the day and don't hold any accountability when things turned ugly. However it's equally excited to spot the sentiment and some entry price by luck. No one is better than the big boys..

Habisgl0ve

371 posts

Posted by Habisgl0ve > 2021-07-01 10:35 | Report Abuse

Glove is over

Posted by invest_malaysia > 2021-07-01 10:36 | Report Abuse

@beary, got buy? Since you don’t mind averaging up that day. Today should be a discount for you

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-01 10:37 |

Post removed.Why?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-01 10:38 |

Post removed.Why?

emsvsi

3,519 posts

Posted by emsvsi > 2021-07-01 10:39 | Report Abuse

1)
The Black Death occurred between 1347-1351 and killed approximately 75-200 million people

The Spanish Flu occurred between 1918-1920 and killed approximately 17-50 million people

- The pandemics ended quicker and with lower deaths

- Both ended naturally without vaccines


2)
The COVID-19 outbreak started in Dec 2019

To date it has infected approximately 96 million with 2.06 million deaths (mortality rate ~2%)

- On 11 Jan 20, the SARS-CoV-2 genetic sequence was published

- On 13 Jan 20, just 2 days later, Moderna finalised its COVID-19 vaccine design codenamed mRNA-1273

- In Feb 20, the WHO stated it does not expect a vaccine to be available for 18 months. WHO's minimum criterion for COVID-19 vaccine efficacy rate ‘~ 50% point estimate’

- In Mar 20, the WHO declared COVID-19 a pandemic

- In Nov 20 barely 9 months after WHO's forecast for a vaccine, Phase III clinical trial results of mRNA vaccines were released
- Efficacy rates - Pfizer-BioNtech 95%; Moderna 94.1% - far exceeding requirements and what was ever thought possible

- In Dec 20, both mRNA vaccines were approved. Mass vaccinations in many parts of the world began

- The mRNA vaccines (and others) took less than 1 year to develop from proof of concept to human trials to approvals – what it takes on average 10 years to achieve

- mRNA vaccines are ground breaking medical technology that has multiple uses outside of the pandemic

- As at 30 June 2021, more than 3.05 billion vaccines doses have been administered

All unparalleled feats of the human spirit and a miracle of modern medicine

Mankind has won

Sincerely,
EMSVSI

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-01 10:41 |

Post removed.Why?

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-07-01 10:41 | Report Abuse

..... useless Tahi owner.... Didn't even bother to defend the price...

MoneyMakers

7,670 posts

Posted by MoneyMakers > 2021-07-01 10:42 | Report Abuse

Covid NOT death sentence anymore..elderly/high risk group alrdy protected by vacc while young/healthy people have low risk of hosp/death (mostly mild flu symptoms)

As UK health expert said, children/teens (low risk group) may be better off getting infected & develop natural immunity

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-01 10:44 |

Post removed.Why?

skyu

2,497 posts

Posted by skyu > 2021-07-01 10:56 | Report Abuse

that was march 2021 news. things change overnight nowadays just like airaisa trip cancelation. let's see how low the supermax can go.

see2sea

2,194 posts

Posted by see2sea > 2021-07-01 10:57 | Report Abuse

Wow..rm3 below coming? So many still holding from rm9 to 5. Salute!

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-01 10:58 | Report Abuse

This appointment comes as a result of the company's rapid growth over the past five (5) years. Mr. Nicolas Bergeron was one of the main actors of this growth through his interventions at several levels.

We would like to take this opportunity to announce that the manufacturing division of Supermax Medical, created in February 2021, currently has a capacity of 210 million 3-ply disposable medical masks.


https://finance.yahoo.com/news/supermax-healthcare-canada-announces-appointment-140000759.html

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:00 | Report Abuse

see my articles ... i won't fwd outdated news one haha

Glove666

415 posts

Posted by Glove666 > 2021-07-01 11:01 | Report Abuse

Stingy Thai busy with his US luxury condo, don't bothered to support here.
Cash rich from his main business, not this counter. Pump and dump, earned already, why must help? Own pocket must be well taken care first.
You buy, you die, your problem. SBB be like frozen forever. Let everyone busy speculate with this US expansions first, then u-turn again.

see2sea

2,194 posts

Posted by see2sea > 2021-07-01 11:02 | Report Abuse

Watch euro 2020? No more mask and glove. Back to normal

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:02 | Report Abuse

hahaha so today's angle is 1918 spanish flu ???

so farny ...

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-01 11:10 | Report Abuse

That's the price to pay when you invested in gloves heavily. Life can turn upside down and positive perspectives changed into negative. Totally make sense and can't really help because it's hard-earned money invested. It takes a different skills completely for some investors and traders to win this highly speculative battle and gloves stocks. Just hope for the best now..

MoneyMakers

7,670 posts

Posted by MoneyMakers > 2021-07-01 11:15 |

Post removed.Why?

Beary

1,553 posts

Posted by Beary > 2021-07-01 11:16 | Report Abuse

How many times do I have to tell you chickens?

I am a bit upset now because the price is not dropping to my average down level.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:16 | Report Abuse

套手股 !!! 套手股 !!!

Beary

1,553 posts

Posted by Beary > 2021-07-01 11:20 | Report Abuse

pjseow the original sars-cov 2 virus was not as deadly as new strains.

It only affects the old and the weak.

It actually could benefit mankind in the long run by eliminating the weak and deseased.

It may sound cruel but who are we to judge nature

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-01 11:21 | Report Abuse

Aurelia gloves Canada has became the mask manufacturer (420m capacity) and distribution center for various healthcare products. See attached.
I wondering how much contribution of revenue and profit to Supermax Malaysia.

https://aureliaglovescanada.com/en/

https://aureliaglovescanada.com/wp-content/uploads/2021/04/Catalog-2021-v3-2.pdf

Posted by ChekHupCoffee > 2021-07-01 11:25 | Report Abuse

CIMB collecting.

somo1

178 posts

Posted by somo1 > 2021-07-01 11:26 | Report Abuse

That kind of reports not credible. Just look at the huge plant expansion completed and more capacity expansion planned by not just the local players but those in China and Thailand.
Because the tech content in glove making is low, hence the low barrier of entry, easily pulling in more new players. Don't have to look far, just look at MahSing. From drawing board to actual running of its production lines and getting customer orders, it takes them less than 12 months! The major concern now is that glove supply is growing exponentially whilst demand for it is NOT!
Notwithstanding the above, since Supermax has had a super fantastic 2019 run, maybe at this moment you'll find its major stakeholder takes it easy and enjoys the beachfront Florida condo, which he's well earned. So guys, relax...

MoneyMakers

7,670 posts

Posted by MoneyMakers > 2021-07-01 11:28 | Report Abuse

CIMB - supply to increase 60% by 2023
(how to support ASP when demand only growing 10% annually @ oversupply)

CIMB - ASP will decline to prepandemic levels
(Duhhhh new players will keep coming in until ASP drops to prepandemic levels @ historical price that deters new entry)

skyu

2,497 posts

Posted by skyu > 2021-07-01 11:28 | Report Abuse

hi moneymakers, so how much the tp set by cimb ?

Posted by ShutTheFxxkUp > 2021-07-01 11:32 | Report Abuse

Haiiiiiz the war in this forum never ends.

Beary

1,553 posts

Posted by Beary > 2021-07-01 11:32 | Report Abuse

Some of you may ask if the sledge hammer approach so good why wouldn't the west use it?

Are they stupeed?

So I used my IMAGINATION while doing my daily workout in the gym just now.

Of course the west are not stupeed.

They could not use the sledge hammer approach because by the time China discovered the virus, it was already widespread in the west.

The virus probably originated in either US or Europe.

You say I believe in China's propaganda.

So I use my IMAGINATION again.

Remember recently Biden asked China to be transparent and open their Wuhan lab for investigations?

China retaliated by asking US to do the same with their Fort Detrick lab.

Everything suddenly went dead silent.

Why you ask again?

Use your brain this time.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:33 | Report Abuse

Saupei la beary ... no one takes you seriously w your imaginations

Posted by ShutTheFxxkUp > 2021-07-01 11:37 | Report Abuse

GlovesOff Saupei la beary ... no one takes you seriously w your imaginations

How to 收皮?

01/07/2021 11:33 AM

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:41 | Report Abuse

Fansi everyday promote kuat2 but jatuh kuat2

You all work harder la

Posted by ShutTheFxxkUp > 2021-07-01 11:45 | Report Abuse

GlovesOff Fansi everyday promote kuat2 but jatuh kuat2

How to 烦死?


You all work harder la

Posted by invest_malaysia > 2021-07-01 11:46 | Report Abuse

So sad

Posted by ShutTheFxxkUp > 2021-07-01 11:47 | Report Abuse

烦恼是自己找的。

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-01 11:47 |

Post removed.Why?

Posted by invest_malaysia > 2021-07-01 11:49 | Report Abuse

The research house expects ASPs per 1,000 pieces to reach US$77 (about RM319.92), US$39 and US$29 respectively in 2021, 2022 and 2023, adding that it is “of the view that ASPs will decline to pre-Covid 19 levels” (US$21 to US$24 per 1,000 pieces) given the higher production costs and higher consumption patterns.

From CIMB report. It will decline to pre covid level. CIMB and topglove executive director say same thing!!!

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:50 | Report Abuse

@STFU ~ it's FANS with an i (promoters)

Dont learn to troll if England so atrocious

Posted by ShutTheFxxkUp > 2021-07-01 11:50 | Report Abuse

Citadel9999 imagine supermx drop to rm 2.8 imagine I become bill gates

As you mentioned, this forum is opened for public. You have the right to claim to be Bill Gates. I can't say you can't be Bill Gates. You can promote yourself to be Bill Gates daily and I don't feel 烦.

01/07/2021 11:47 AM

Posted by ShutTheFxxkUp > 2021-07-01 11:52 | Report Abuse

冤冤相报何时了

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-01 11:53 | Report Abuse

Dual language?

Not bad you can promote in mandarin since so many promote w England also Holland

MoneyMakers

7,670 posts

Posted by MoneyMakers > 2021-07-01 11:54 | Report Abuse

These prepandemic ASP/oversupply issues been discussed for months..no surprises for frequent readers

Wait IBs adjust their projections when new data comes in - by then alrdy too late

Prepandemic ASP = prepandemic profits = prepandemic price (65sen)

MoneyMakers

7,670 posts

Posted by MoneyMakers > 2021-07-01 11:59 | Report Abuse

Tuesday goreng 4.55 alrdy down 9% in 2 days

Dare to goreng downtrend, prepare to get burned

strattegist

23,459 posts

Posted by strattegist > 2021-07-01 12:04 | Report Abuse

red

strattegist

23,459 posts

Posted by strattegist > 2021-07-01 12:05 | Report Abuse

merah

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-01 12:05 | Report Abuse

200% Wuhan Lab and wet market !

Beary

1,553 posts

Posted by Beary > 2021-07-01 12:12 | Report Abuse

pjseow, do you know why TG total short position reduced from 3.03% to 2.99% yesterday?

There was no mention of TG in the total short selling detail for yesterday.

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