SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.865

Today's Change

0.00 (0.00%)

Day's Change

0.86 - 0.87

Trading Volume

229,700


100 people like this.

222,699 comment(s). Last comment by mf 11 hours ago

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 15:27 | Report Abuse

https://www.change.org/p/pelabur-runcit-bursa-malaysia-mohon-tengku-zafrul-memberhentikan-restricted-short-selling-rss-seperti-march20?signed=true

Glove supporters, quickly get more support for this petition. Once Bursa decides to suspend RSS, we will see a gap up immediately. Let's not be taken for further rides by the short sellers during this pandemic. Go all out get the RSS suspended. Share to everyone you know to get their support. Current signatures is at 2045. Only 450 more to go to hit the target 2500! We are getting closer....work harder...

CITADEL

1,867 posts

Posted by CITADEL > 2021-07-06 15:28 | Report Abuse

HAHA ONLY 2.5K SIGNATURES U ALSO SYOK KEH

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:32 | Report Abuse

Tony explain la quick after pjseow flag and delete .... -338M WHY ???

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@Tony, Tony --- why Delta & Lampa variant so geng , Funds sold combined of 338M for top 3 gloves in just weeks?

GlovesOff @Tony you s0r head or what this is latest funds outflow, different/not under RSS list noob

skyu

2,497 posts

pjseow

2,264 posts

Posted by pjseow > 2021-07-06 15:40 | Report Abuse

Toneefa, dont have to.do any estimation. Below Is the extract from.Supermx briefing to all the IBS. The ASPs for April, May.and June would have been USD 80 to 110. On.average it is about the same as Jan to March. Last Qtr.profit was 1.080 Billions despite a loss of 330 millions revenue due to meru plant shutdown in Feb. We.expect.similar loss in.June due to 60 % workforce from.MCO.

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ASP have reach a peak in the March quarter.
Supermax’s ASP starting to see a drop in 2Q2021 which is earlier than our expectation in 2H2021.
Blended ASP still rose in 3QFY21 = Jan: USD84.61 (+1.3% mom), Feb: USD87.65 (+3.6% mom), March: USD89.2 (+1.7% mom).
Going forward, nitrile ASP (factory level) for April - June is about USD80-110, while July onward deteriorating to about USD70.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:42 | Report Abuse

haha today tg factory close

tomorrow one by one announced close ... yam tik yam tik yam gong lorrr

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:44 | Report Abuse

@Tony cannot answer simple question . can you ? why funds dump combined of -338m??? in just 2weeks and more selling to come

don't beat around the bush my qs is not ASP or PAT

*************************************

pjseow Toneefa, dont have to.do any estimation. Below Is the extract from.Supermx briefing to all the IBS. The ASPs for April, May.and June would have been USD 80 to 110. On.average it is about the same as Jan to March. Last Qtr.profit was 1.080 Billions despite a loss of 330 millions revenue due to meru plant shutdown in Feb. We.expect.similar loss in.June due to 60 % workforce from.MCO.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 15:46 | Report Abuse

@CITADEL HAHA ONLY 2.5K SIGNATURES U ALSO SYOK KEH
06/07/2021 3:28 PM

You better becareful with the Lampa variant and u know what I mean

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 15:47 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 15:47 | Report Abuse

Wait coming QR profit 500Mil (RHB) + another ASP drop announcement..BLOODBATH coming

Posted by investmalaysia66 > 2021-07-06 15:48 | Report Abuse

@citadel, it’s only 2k by the way. After ten days only 2k people signed with 800+ signed during the first day. Yet got people say the result looking good hahahaha that day I also say diminishing return theory d ma kikiki

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:49 | Report Abuse

@Tonee - what's your obsession with ppl's genitals ???
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You better becareful with the Lampa variant and u know what I mean

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:50 | Report Abuse

bro in telegram group most of them admitted duplicating accounts and emails to increase the signatures hahaha so desperate
********************************************

investmalaysia66 @citadel, it’s only 2k by the way. After ten days only 2k people signed with 800+ signed during the first day. Yet got people say the result looking good hahahaha that day I also say diminishing return theory d ma kikiki

Beary

1,553 posts

Posted by Beary > 2021-07-06 15:51 | Report Abuse

You must ask yourself why many including me don't want to sign.

RSS is good if you want to buy chip chip.

Understand?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:52 |

Post removed.Why?

Posted by investmalaysia66 > 2021-07-06 15:53 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:54 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 15:55 | Report Abuse

@GlovesOff Tony explain la quick after pjseow flag and delete .... -338M WHY ???

****************************
@Tony, Tony --- why Delta & Lampa variant so geng , Funds sold combined of 338M for top 3 gloves in just weeks?

06/07/2021 3:32 PM

GOffock, your shorty paymaster doing all sorts of wayang kulit so as a lackey you better repent otherwise bad karma esp the Lampa variant will be looking for you. The fear of shorties taking advantage of any negative news, even if its only a temporary setback can cause fear and confusions, even to institutional players. Therefore, its becoming urgent to stop all these shorties nonsense, especially when many retailers are having tough time now, wanting to base jump without chute.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 15:58 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 15:58 | Report Abuse

@pjseow Toneefa, dont have to.do any estimation. Below Is the extract from.Supermx briefing to all the IBS. The ASPs for April, May.and June would have been USD 80 to 110. On.average it is about the same as Jan to March. Last Qtr.profit was 1.080 Billions despite a loss of 330 millions revenue due to meru plant shutdown in Feb. We.expect.similar loss in.June due to 60 % workforce from.MCO.

----------------------------------------------
ASP have reach a peak in the March quarter.
Supermax’s ASP starting to see a drop in 2Q2021 which is earlier than our expectation in 2H2021.
Blended ASP still rose in 3QFY21 = Jan: USD84.61 (+1.3% mom), Feb: USD87.65 (+3.6% mom), March: USD89.2 (+1.7% mom).
Going forward, nitrile ASP (factory level) for April - June is about USD80-110, while July onward deteriorating to about USD70.
06/07/2021 3:40 PM

Noted pjseow, I just wanted to use a very simple calculation to show MommyHomeMakers so he can understand and see his mistaken assumption, and realize that his kuku will be on the chopping board soon.

Posted by investmalaysia66 > 2021-07-06 15:59 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:03 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:04 |

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ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 16:07 | Report Abuse

@GlovesOff -338M is NOT under RSS ... purely FUNDS OUTFLOW/SELLING !!! ... go get a weekly copy of CIMB f.flow ...

Simple England cannot understand or choose not to answer???
****************************************************
GlovesOff @Tony you s0r head or what this is latest funds outflow, different/not under RSS list noob
06/07/2021 3:58 PM
--------------------------------------------------------

GOffockOff, your low IQ just cannot allow you to understand what I mean. I said the shorties incessant attacks have even caused fears to institutional players who may have sold some due to current negative news on the MCO reduced production and EMCO stoppage. They may come back later hoping to buy lower. With shorties incessant attacks, any negative news creates fear of further attacks, That's why the need to suspend RSS is becoming more urgent now.

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:08 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-07-06 16:10 | Report Abuse

Beary , so far did you manage to get.harta at below 7 ? I am.also interested in.harta beside supermx .

Beary

1,553 posts

Posted by Beary > 2021-07-06 16:13 | Report Abuse

No, I Q at 6.91, closest came to 6.94 I think.


Posted by pjseow > Jul 6, 2021 4:10 PM | Report Abuse

Beary , so far did you manage to get.harta at below 7 ? I am.also interested in.harta beside supermx .

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:13 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:15 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:16 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:19 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:19 |

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newbie8080

2,768 posts

Posted by newbie8080 > 2021-07-06 16:20 | Report Abuse

Yup, so sad to see Msia having more new Covid cases comapred with US with population of 300mil

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 16:21 | Report Abuse

@GlovesOff For e.g. EPF afraid of their OWN SBL/RSS team for shorting the SAME shares they own??? Hahahaha who's IQ Lower ???
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the shorties incessant attacks have even caused fears to institutional players who may have sold
06/07/2021 4:13 PM

Aiyoh, GOffockOff, did I mention EPF? There are so many other foreign institutional players who may pull out to reinvest somewhere in US due to our weak govt as well. But shorties recent attacks have also affected their decision I pressume. So if u alowl shorties to continue to reign now, there will be more negative than positive impact to the market and retailers.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 16:23 | Report Abuse

@GlovesOff Are you God or fortune teller ?? Or work in fund houses ??? Just like how you predict dsst will privatise???
*******************************
They may come back later hoping to buy lower
06/07/2021 4:16 PM

Aiyoh GOffockOff, If I have to explain some more to you, you will need to pay me a fee lor.

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:23 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:25 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:26 |

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ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 16:26 | Report Abuse

@GlovesOff Admitted its WEAKNESS . So no more BS on lower supply - ASP up???
****************************
current negative news on the MCO reduced production and EMCO stoppage
06/07/2021 4:15 PM

You really stupeed lar, these are temporary setbacks that do not change the fundamentals of the company, which is a one qtr issue, and will be absorbed into the next qtr. At current price, pushed way below the company fundamentals, its a really no issue lar.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:28 |

Post removed.Why?

Posted by GloveShortDIE > 2021-07-06 16:31 | Report Abuse

Glove regains uptrend again due to disruption of supply

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:31 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:34 |

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xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-07-06 16:35 |

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xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-07-06 16:37 |

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Posted by NatsukoMishima > 2021-07-06 16:38 |

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ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-06 16:40 | Report Abuse

@GlovesOff Epf openly declare SBL on TG and Kossan la update yourself pls , Foreign pull out ? JPM is main suspect w 3.50 tp wo . Our local funds emailing clients for SBL la. So local or foreign is culprit? Be consistent la so many discrepancies . I ask why funds purely selling not why and who Shorting
06/07/2021 4:26 PM

No point to find out every detail la. So what is your point? Anything that is important for our consideration? Then spill it out, otherwise you can shove it your behind.

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:40 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-06 16:45 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-06 16:46 |

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