SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.865

Today's Change

+0.015 (1.76%)

Day's Change

0.85 - 0.87

Trading Volume

3,079,900


100 people like this.

222,699 comment(s). Last comment by mf 4 hours ago

Posted by GloveShortDIE > 2021-07-09 11:05 | Report Abuse

STRONG UPTREND
STRONG UPTREND
STRONG UPTREND

STRONG SIGNAL !!

important words repeat 3x

Posted by Benhobenhobenho > 2021-07-09 11:05 | Report Abuse

Confirmed funds buy back today

Posted by GloveShortDIE > 2021-07-09 11:05 | Report Abuse

90 degree vertical climb coming soon

imvu

7,888 posts

Posted by imvu > 2021-07-09 11:07 | Report Abuse

glove weekly chart sudah hijau , biasa nya 3 minggu hijau .

Posted by GloveShortDIE > 2021-07-09 11:08 | Report Abuse

Strong breakout !!

New monthly trend

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-07-09 11:08 | Report Abuse

Up up up... Shorties hiding now... sweating on how/when to cover. But still playing the old ASP/US/UK...broken records...

imvu

7,888 posts

Posted by imvu > 2021-07-09 11:08 | Report Abuse

haters beli sekali , hujung bulan jutawan .

Posted by Ikanbilis999 > 2021-07-09 11:10 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-07-09 11:11 | Report Abuse

FairTalk, good morning . welcome back . Nice to hear from you . Regards
----------------------------------------
FairTalk Hi PJ Seow, Good morning. You are on the right track . Regards.
09/07/2021 11:01 AM

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 11:14 | Report Abuse

@GloveShortDIE I silently bought some at 3.0x
09/07/2021 10:42 AM

Good for you bro!

wolfbroker

537 posts

Posted by wolfbroker > 2021-07-09 11:17 | Report Abuse

Oh no. Should buy yesterday evening.

Really didn't expecting this

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-09 11:17 | Report Abuse

Retailers can kill shorties if they arm together, no need FF help.

wolfbroker

537 posts

Posted by wolfbroker > 2021-07-09 11:19 | Report Abuse

+0.26 for morning increment is big

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 11:26 | Report Abuse

@Dannyfyl88 Up 20c+ guys... Don't let the Shorties Losers barking get the better of us. The Same broken records still play today...
09/07/2021 10:58 AM

Danny, keep in mind the shorties can move the price at their whims and fancies. Unless, FF enters or Stanley SBB, they can reverse the gear anytime. Therefore, practice caution and don't chase high. Also hold and only sell >5.0 to short squeeze the shorties as the sentiment turn positive for the glove counters.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 11:36 | Report Abuse

@myinvestor Retailers can kill shorties if they arm together, no need FF help.
09/07/2021 11:17 AM

In a weakened economy where many biz are affected, we may need to be more realistic. But the least retailers can do is hold for fair value, at least 5.0 and above. Meanwhile wait for the 6 points events which I outlined earlier to happen.

Beltland

613 posts

Posted by Beltland > 2021-07-09 11:38 | Report Abuse

Last year glove counters is the market saver but this year is the killer. It's all on the hand of IB and syndicate to monitor the up down of share price ,when they want to push ,the price can go up to P.E -450 above and when they want suppress the price can come down to P.E 2.5 by applying short selling technical tactics .So don't carry the beautiful dream that the coming financial result good means the share price will go up !! It's a money game, IB and syndicate must make money from retailers !!!Give up your beautiful dream !!
So ,buy only it was cheap and sell when you made more than 15 % , it wouldn't rebound back previous height forever !!!! It's a money game !

Ron90

4,120 posts

Posted by Ron90 > 2021-07-09 11:40 | Report Abuse

ok la..make money already from short trading.. simpan sikit

chief999

1,849 posts

Posted by chief999 > 2021-07-09 11:41 | Report Abuse

this one once run up, first target will gap fill to 5.57....

Posted by riskavert > 2021-07-09 11:44 | Report Abuse

where are all those asshxxles,naysayer....talk kok only without giving actual data.unlike pjseow

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-07-09 11:44 |

Post removed.Why?

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-07-09 11:53 | Report Abuse

Beltland... agreed. but the Cycle of crazy will come for gloves again... might not be as high as last year.. but high enough. Well, I will just play the sector rotation game on Bursabet from now on...

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-07-09 11:58 |

Post removed.Why?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-07-09 11:58 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 11:58 | Report Abuse

@Dannyfyl88 Tonee... Let's see this uptick leading to the QTR. Looking at the last 2 QTRs... the upticks are similar. Like I said, sentiment is not forever. With Covid is rising, lockdowns affect all other businesses more than gloves and the current low gloves price, most IBs see this attractive to buy than to short. Only some dogs here still barking/playing the broken records over and over again to talk dead the price.
09/07/2021 11:44 AM

Agree Danny, I saw 3.0 this round as the bottom price. However, we don't want to be over optimistic to avoid a bull trap on those who can ill afford to get further trapped. For long term players, continue to nibble since u all can hold for the long haul. Sure at this price is cheap, there's no doubt and I m waiting for the 6 events I outlined to happen by the next QR.

strattegist

23,459 posts

Posted by strattegist > 2021-07-09 12:00 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-07-09 12:01 | Report Abuse

good green

Timercheng

733 posts

Posted by Timercheng > 2021-07-09 12:03 | Report Abuse

Bottom up

Timercheng

733 posts

Posted by Timercheng > 2021-07-09 12:04 | Report Abuse

Can sailang now

Posted by siulan_dion > 2021-07-09 12:05 |

Post removed.Why?

byehisello

218 posts

Posted by byehisello > 2021-07-09 12:06 | Report Abuse

Hi selamat t/hari semua ah ho apa khabar
Pakailah sarung sebelum kerja keras

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 12:13 | Report Abuse

https://www.youtube.com/watch?v=SWQzVloKvXg&ab_channel=ABCNews%28A...

Young children also could be vulnerable?
08/07/2021 10:49 PM

Looks this coming wave, we will be seeing new types of Covid victims such as children and young ppl not just old and at same time, many Asian and African countries, Australia , South America, East Europe and Russia that were relatively unscathed in precious waves will now be seeing huge surge in daily cases, and hospitalization and death, mimicking what happened in India. Just look at what's happening in Indonesia. Previous wave of earlier variant didnt take off, but now they are in big trouble. And Malaysia too after 1 month of FMCO, we are witnessing increased daily cases more than before FMCO. This wave is definitely going to be real nasty and terrifying. This will be on top of the new wave that will also hit US.UK and EU in the coming winter. Likely majority of countries around the world may be hit all at once simultaneously. I worry the death numbers will be multiple that of previous waves. This is going to be catastrophic as 80% of the world population are still unvaccinated. Gloves demand will be unprecedented in the coming months likely even more than previous waves, since a wider demographic of population around the world will be infected with serious symptoms.

Rockers

249 posts

Posted by Rockers > 2021-07-09 12:17 | Report Abuse

Buy quick loh! ,don't said I bo chio

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-09 12:19 | Report Abuse

Report: US Medical Stockpile Running Low as Delta Variant Threat Looms
TEHRAN (FNA)- Supplies of critical medical products in the Strategic National Stockpile are still well below federal targets more than 18 months after the coronavirus first emerged in the United States, according to internal data obtained by POLITICO.

The federal government has built up the stockpile significantly over the last year. There are more than 35 times more N95 respirators and 10 times more ventilators available now than at the start of the COVID pandemic. But the nation is still short hundreds of millions — or more — surgical masks, gloves and gowns.

Data from the Department of Health and Human Services show the stockpile targets include 265 million gowns, 400 million surgical face masks and 4.5 billion gloves. But the current inventory includes only 17.5 million gowns, 273 million surgical masks and 525 million gloves, according to an HHS spokesperson. That’s anywhere from 6.6 to 68 percent of the recommended stock, depending on the item.

Posted by Benhobenhobenho > 2021-07-09 12:20 | Report Abuse

Superman part 2 coming

Come

1,146 posts

Posted by Come > 2021-07-09 12:23 | Report Abuse

Wow..goreng up again

DJoker89

4,901 posts

Posted by DJoker89 > 2021-07-09 12:30 |

Post removed.Why?

Posted by GloveShortDIE > 2021-07-09 12:31 | Report Abuse

WOW WOW WOW

3.50 soon

DJoker89

4,901 posts

Posted by DJoker89 > 2021-07-09 12:34 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-07-09 12:34 | Report Abuse

Wow, 20 million volume in morning session. This volume is double the daily average volume of ladt few weeks. Who are buying ? Retailers alone cannot push so much. Up 27 sen . The shorties scrambling to cover the shorts or institutional buying? Supermx starts sbb?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 12:43 | Report Abuse

https://www.theguardian.com/world/2021/jul/08/pfizer-covid-19-vaccine-booster-us

Pfizer to ask US to authorize third Covid vaccine shot as booster
Evidence shows a greater risk of reinfection six months after inoculation as Israel reports a drop in vaccine effectiveness.
He said that multiple countries in Europe and elsewhere have already approached Pfizer to discuss booster doses, and that some may begin administering them before a potential US authorization.
------------------------------------------------------------------------------------------

So fast alrfy need booster jabs in less than 6 months. This proves the evil Covid is very geng and will continue to mutate very fast to fight the vaccines. With 80% of the world population still unvaccinated, not to mention they will need the booster jabs later and maybe may need a booster every 6-8 months once? when is this pandemic gonna be over? Maybe in 2024 and beyond?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 12:48 | Report Abuse

@pjseow Wow, 20 million volume in morning session. This volume is double the daily average volume of ladt few weeks. Who are buying ? Retailers alone cannot push so much. Up 27 sen . The shorties scrambling to cover the shorts or institutional buying? Supermx starts sbb?
09/07/2021 12:34 PM]

I think maybe the shorties realised they need to quickly cover their shorts before too late. Likely retailers are holding back and not selling cheap to them anymore. With the global situation deteriorating fast due to Delta and Lambda, time is running of for them. Maybe they sense that this coming wave will be different, likely to be much worse than the previous waves.

chensk

79 posts

Posted by chensk > 2021-07-09 12:49 | Report Abuse

Now Delta variant, then Lambda variant, what is coming next?

upshare

3,239 posts

Posted by upshare > 2021-07-09 12:49 | Report Abuse

Rm 4 coming...
Superman is back..

ket4212

619 posts

Posted by ket4212 > 2021-07-09 12:50 | Report Abuse

hahaha heng ah ong ah huat ar

Posted by invest_malaysia > 2021-07-09 12:55 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 13:04 | Report Abuse

As usual ppl, don't chase high but just hold to what u have. Those with long haul capacity can nibble la. But contra play is not advisable. Shorties can reverse gear anytime.

HSIF88

292 posts

Posted by HSIF88 > 2021-07-09 13:06 | Report Abuse

Still holding… this is just the starts of longer uptrend.

sinojab

103 posts

Posted by sinojab > 2021-07-09 13:08 | Report Abuse

third wave
Delta variant, then Lambda variant buy glove counters

third Covid vaccine shot as booster buy monopoly Pharma

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-09 13:09 | Report Abuse

Good for you bro, keep holding for better value ahead. Supermax should be doing good in the coming few quarters ahead.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-07-09 13:13 | Report Abuse

Hope it is not 1 day show for glove stocks...Always bull trap after 1 day green

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