SUPERMAX CORPORATION BHD

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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

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-11 12:03 | Report Abuse

Paris, Woman of 90 years was infected with both virus variant Alpha and beta before her death.

https://www.thesundaily.my/world/90-year-old-infected-with-two-virus-variants-at-once-MD8050790

Note: A persons can infected with multiple variants. Present vaccine may protect some type of variant. If the multiple variants attack to the persons body then is other big issue.

Beary

1,553 posts

Posted by Beary > 2021-07-11 12:05 | Report Abuse

If they had allowed the original virus run its natural course, the pandemic could be on its tail end by now.

Of course many millions more people would have died lah.

Short term pain long term gain?

With vaccinations and lock downs, we are prolonging the pandemic and if the virus breakthrough vaccinations, it could result in even more deaths in the end.

Short term gain long term pain?

We are not out of the wood yet, only time will tell.

5231428

615 posts

Posted by 5231428 > 2021-07-11 12:08 | Report Abuse

Shorties all trembling all exposed to covid.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 12:11 | Report Abuse

Mild infection cases are increasing due to final phase of variants and death no so far. No one is dying but surely businesses are if there is no proper plan being carried out here. Look away from Malaysia and SEA. Don't be clouded just because of home place crisis. Elsewhere every events are packed and the Covid-19 is contained to a certain degree. When event like Wimbledon can packed with crowd without masks and and soon Olympic knowing the grave consequences, we should really understand how the global situation right now. Again if you think that there will another pandemic, make your decision and if not , just read and digest all the news and info here. There are still plenty of great trading opportunities around. Every strong technical and also potential lower entry price still make sense.

5231428

615 posts

Posted by 5231428 > 2021-07-11 12:16 | Report Abuse

Lower entry price are things of the past, funds are coming in big way.

UPlanet

1,450 posts

Posted by UPlanet > 2021-07-11 12:24 | Report Abuse

Thailand, Korean and Vietnam announced lockdown yesterday!

UPlanet

1,450 posts

Posted by UPlanet > 2021-07-11 12:26 | Report Abuse

ust can’t understand Korean still out of control??

5231428

615 posts

Posted by 5231428 > 2021-07-11 12:29 | Report Abuse

All glove lovers hold on to your tickets and ride the wave.

pjseow

2,264 posts

Posted by pjseow > 2021-07-11 12:33 | Report Abuse

Another macro area which we should look at is the weakening of our ringgit since January. Our ringgit was weakened from 4.03 in.Jan to 4.19 last Friday. There is a possibility that our ringgit will be weakened to 4.4 or 4.5 per 1 US dollar if our covid situation doesnt improve. Less taxes will be collected and the government need to print more money to support the economy. Weaker ringgit means higher profit for glove makers.

Beary

1,553 posts

Posted by Beary > 2021-07-11 12:35 | Report Abuse

Can't you guys smell a rat when the UK and US want to open up without any restrictions with vaccination rate less than 50% in the case of US?

Why do they lift the mask mandate?

Is it so difficult to wear a mask?

They are indirectly encouraging their people to get infected so as to achieve herd immunity asap.

Your life is the least of their priority.

Hospitalization and deaths will rise exponentially in the months ahead.

UPlanet

1,450 posts

Posted by UPlanet > 2021-07-11 12:42 | Report Abuse

Korean is one of the earliest country together with China fight against the covid19 and they’re the vaccines producer too!!! Why can still out of control??? Really don’t understand???

5231428

615 posts

Posted by 5231428 > 2021-07-11 12:43 | Report Abuse

Even fully vaccinated ppl are losing the fight against covid .

5231428

615 posts

Posted by 5231428 > 2021-07-11 12:47 | Report Abuse

They will follow the India method.

UPlanet

1,450 posts

Posted by UPlanet > 2021-07-11 12:48 | Report Abuse

Haha, if like that Malaysia #1 already!!! Just now NorHisham announced we may achieve herd immunity by this coming September le!!! Hahaha! ‘Malaysia Boleh’ kali ini! We beat US and become world #1!!! But you all believe it or not???

Beary

1,553 posts

Posted by Beary > 2021-07-11 12:48 | Report Abuse

UK and US ( EU will follow later) know that it could take years to achieve herd immunity by vaccination alone.

They will always be those 30+% who refuse to be vaccinated.

The simple answer to that is let them die.

That is simple common sense isn't it?

monetary

4,447 posts

Posted by monetary > 2021-07-11 13:07 | Report Abuse

A few yrs? R u sure?Malaysia is expecting 70% inoculation by end of Oct.
https://covidvax.live/location/mys

5231428

615 posts

Posted by 5231428 > 2021-07-11 13:16 | Report Abuse

This forum no more naysayers so nice.

joyvest

10,533 posts

Posted by joyvest > 2021-07-11 13:37 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-11 13:39 |

Post removed.Why?

5231428

615 posts

Posted by 5231428 > 2021-07-11 13:39 | Report Abuse

Keep repeating the same kok and bull over and over, who won't get feedup.

thomaszum

285 posts

Posted by thomaszum > 2021-07-11 13:47 | Report Abuse

加速 "疫苗接種率" 是 "新增確症病例" 下降的關鍵要素
https://klse.i3investor.com/blogs/thomaszum/555701.jsp

要阻斷疫情的繼續擴散, 加速疫苗的注射是必須也是最有效的方案. 馬來西亞政府 / 政客們必須認清事實, 將精神與資源全力投注於加速疫苗注射的最後手段中, 這已經是唯一阻斷疫情擴散的最後機會了.

政客們, 不要再無所為了, 你們的自私自利以及在謀求個人利益而捨棄人民福祉的過程中, 已經犧牲了許多人命與造成好些家庭的破裂. 趕緊做事吧........

~~~~~~~~~~~

全球疫情已經發出進入第三波爆發的信號! 在全球與馬來西亞疫情越發嚴峻的情況下, 投資板塊較高機率將轉移至 gloves 和 healthcare 板塊.

joyvest

10,533 posts

Posted by joyvest > 2021-07-11 13:58 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-11 14:10 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-11 14:11 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-11 14:13 |

Post removed.Why?

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2021-07-11 14:16 | Report Abuse

thomaszum, yup you are right!

USD gets stronger. Global confirmed cases on the rise again.

Sad that we are at the epicenter this time. Hang on buddies. (Glove is our only hope).

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-11 14:21 |

Post removed.Why?

Posted by investmalaysia66 > 2021-07-11 14:48 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 14:57 | Report Abuse

@UPlanet Haha, if like that Malaysia #1 already!!! Just now NorHisham announced we may achieve herd immunity by this coming September le!!! Hahaha! ‘Malaysia Boleh’ kali ini! We beat US and become world #1!!! But you all believe it or not???
11/07/2021 12:48 PM
@monetary A few yrs? R u sure?Malaysia is expecting 70% inoculation by end of Oct.
https://covidvax.live/location/mys
11/07/2021 1:07 PM
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https://www.nytimes.com/2020/12/24/health/herd-immunity-covid-coronavirus.html

“When polls said only about half of all Americans would take a vaccine, I was saying herd immunity would take 70 to 75 percent,” Dr. Fauci said. “Then, when newer surveys said 60 percent or more would take it, I thought, ‘I can nudge this up a bit,’ so I went to 80, 85.”

“We need to have some humility here,” he added. “We really don’t know what the real number is. I think the real range is somewhere between 70 to 90 percent. But, I’m not going to say 90 percent.”

Estimates based on measles and other diseases suggest that herd immunity occurs when 70%-80% of the population is vaccinated. But Fauci has said that the usual definition of “herd immunity” doesn't apply to the Covid pandemic.17 Jun 2021
................................................................................................................

Looks like 70% ain't gonna cut it. Fauci now sees min 90%. It makes sense u need way higher % cause current vaccines do not prevent infections and fully vaccinated ppl can still be carrier and spread to unvaccinated ppl. So leaving 30% of the population unvaccinated would still provide a big reserve to Covid to wreck havoc.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 15:18 | Report Abuse

@sharemarket21 Just check out the World Covid-19 statistics. Shouldn't simply speculate as only SEA is going through the possible deadly final wave as expected because there wasn't proper control at the first place. Gloves prices are still trading at the lowest and only small technical rebound last Friday. Let the price stabilize further and also clear some potential setbacks. August - September is old vaccines clearance and potential new version might be be rolling out soon. Just digest and check all the news and do not caught off guard for now. Take the opportunity if there is continuous sharp rebound with high volume.
11/07/2021 11:41 AM

Not true only SEA going thru the deadly final wave. Many other countries such as Africa continent, South America, Russia and Asia are also in middle of battling Covid. This Delta variant appear to be more wide spread geographically and demographically as well. I believe the worst is yet to come as Delta has only started to set a strong foothold in many countries and ready to launch its most vicious attacks if the respective countries are not prepared to fight it or drop their guards, Only 20% of global population are vaccinated. On top of that, Sinovac, which is the most used vaccines appear to be losing its efficacy in many countries against Delta. I m seeing a catastrophe in the making in the coming months. and not to mention newer and more powerful variants will be appearing in coming months, and that is not an "if" but a "when" statement.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 15:37 | Report Abuse

@sharemarket21 Mild infection cases are increasing due to final phase of variants and death no so far. No one is dying but surely businesses are if there is no proper plan being carried out here. Look away from Malaysia and SEA. Don't be clouded just because of home place crisis. Elsewhere every events are packed and the Covid-19 is contained to a certain degree. When event like Wimbledon can packed with crowd without masks and and soon Olympic knowing the grave consequences, we should really understand how the global situation right now. Again if you think that there will another pandemic, make your decision and if not , just read and digest all the news and info here. There are still plenty of great trading opportunities around. Every strong technical and also potential lower entry price still make sense.
11/07/2021 12:11 PM

You may be making some wrong assumptions here. Currently with Delta variant Pfizer/Moderna/AZ can still provide some protection perhaps 60-80%. But Sinovac/Sinopharm may have dropped to less than 50%. Many countries using China vaccines are starting to realized that the vaccines are losing out to Delta variant fast. Its not that China vaccines were useless but it's that they were only effective against earlier variants, but with Delta, it may have mutated to evade the neutralizing antibodies produced by these vaccines. Inactivated virus vaccines have weaker lasting effects.

Many medical experts are advising against opening up too early, but politicians need to score some political points by allowing ppl to go back to normal life. Time will tell if these activities will allow Covid more opportunities to spread its wings. There's concerns that those who have been fully vaccinated but with immune-compromised system may not be able to fight Delta if infected, and that may allow Delta the chance to mutate to an even stronger variant. Successful mutations normally happen in ppl with weaker defense system.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 15:45 | Report Abuse

@5231428 This forum no more naysayers so nice.
11/07/2021 1:16 PM

Haha... used to be pandemic but now they are just causing some outbreaks here and there.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 15:47 | Report Abuse

@pjseow Another macro area which we should look at is the weakening of our ringgit since January. Our ringgit was weakened from 4.03 in.Jan to 4.19 last Friday. There is a possibility that our ringgit will be weakened to 4.4 or 4.5 per 1 US dollar if our covid situation doesnt improve. Less taxes will be collected and the government need to print more money to support the economy. Weaker ringgit means higher profit for glove makers.
11/07/2021 12:33 PM

True, holding Supermax tickets can also hedge against falling RM since earnings mostly in USD.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 16:05 | Report Abuse

@UPlanet Korean is one of the earliest country together with China fight against the covid19 and they’re the vaccines producer too!!! Why can still out of control??? Really don’t understand???
11/07/2021 12:42 PM

South Korea only have 30% with single dose to date, fully vaccinated ard 20%. With Delta variant, that is low level vaccination. Previously, young ppl do not develop serious illness, With Delta, the demographic has changed to younger ppl and children getting hospitalized and dying. This is the scariest part of this wave. Our mindset and understanding will slowly shift over these few months when we see more young ppl and children being seriously affected.

Whereas China will also slowly see the number of infected and death rate rise in coming months, as China inactivated virus vaccines become outdated by Delta variant. They will need to quickly revaccinate their entire population again with Delta updated vaccine/booster jabs. That will also be a race against time later.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 16:32 | Report Abuse

@https://www.scmp.com/news/china/science/article/3140387/coronavirus-sinovac-worlds-most-used-vaccine-how-good-delta

Sinovac is world’s most used vaccine, but how good is its Delta protection?

Such questions have come to the fore in Indonesia, which has relied largely on the Sinovac vaccine and is battling its worst surge of Covid-19 cases yet, fuelled by the more transmissible variant.
An independent group there tracking virus data has discovered that more than 130 health care workers have died of Covid-19 since June, with 58 of those deaths having occurred this month.

But around 95 per cent of the nation’s health care workers have been vaccinated, according to the Indonesian Hospitals Association, as cited by Reuters. Overall, the national vaccination rate is only 5 per cent, according to the Our World in Data organisation.

But the issue of deaths among health care workers could also be linked to waning vaccine protection over time and reduced effectiveness against the delta variant.
“We cannot accept [deaths among vaccinated health care workers] as high as we see now,” he said, noting he supported booster shots for health care workers and more research into how well the vaccine was protecting people. “We have to find the answer.”

Feng Zijian, deputy director of the Chinese Centre for Disease Control and Prevention, told Chinese state media last month that antibodies triggered by “two” Chinese-made Covid-19 vaccines are less robust against the Delta variant compared with other strains but the shots still offer protection. He did not specify the two vaccine.
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Telltale signs of China vaccines losing efficacy fast. Those with strong natural immune systems can still fight but those with weaker immune system may be in danger even if fully vaccinated,

Beary

1,553 posts

Posted by Beary > 2021-07-11 16:38 | Report Abuse

Lets see if people wear gloves to the euro final at wembley.

If only the goal keepers wear gloves then no need worry lah.

The pandemic is confirmed over.

According to gohkimhock.

LOL....

pjseow

2,264 posts

Posted by pjseow > 2021-07-11 16:40 | Report Abuse

Toneefa, If the exchange rate weakened to about 4.45 , it means a 10% drop of our ringgit against the US dollar. The earnings will increase by 10 to 20% . I am afraid the gang of 5 will ask me to prove again that a 10 % drop in ringgit can increase earning by 10 to 20%.

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ToneeFa @pjseow Another macro area which we should look at is the weakening of our ringgit since January. Our ringgit was weakened from 4.03 in.Jan to 4.19 last Friday. There is a possibility that our ringgit will be weakened to 4.4 or 4.5 per 1 US dollar if our covid situation doesnt improve. Less taxes will be collected and the government need to print more money to support the economy. Weaker ringgit means higher profit for glove makers.
11/07/2021 12:33 PM

True, holding Supermax tickets can also hedge against falling RM since earnings mostly in USD.
11/07/2021 3:47 PM

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 17:00 | Report Abuse

No you are are making extreme cases without basis and yes everyone still have to be alert with the Covid-19 and any potential variants outbreak. You are picking from selective articles and shouldn't put this across the board. The place we are residing now is zero case and we know certain facts and not just theories and assumptions. Yes zero case due to self initiative control because vaccinations rate still less than 20%. So it's possible that Covid-19 can be eliminated not entirely depending on vaccines and many other factors. Fear will only lead to more complications and panicking mode and so we ought to exercise any assumptions or speculations with more factual. There must be a strong reason that the west continue to lead their lives without fear and minimal control although Covid-19 is serious. Again different country have different set of administration. That's what happening to Malaysia and surrounding Asean country. No matter how stay at home and wear masks are compulsory for all citizens for now.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 17:08 | Report Abuse

@pjseow Toneefa, If the exchange rate weakened to about 4.45 , it means a 10% drop of our ringgit against the US dollar. The earnings will increase by 10 to 20% . I am afraid the gang of 5 will ask me to prove again that a 10 % drop in ringgit can increase earning by 10 to 20%.
11/07/2021 4:40 PM

haha pjseow, I have observed that you have a major problem with your mathematical calculations in your proofs Its not going to work , bcos you are using fairly complex math to convince the gang of 5 who were mostly failed math students. But of course, as cover up, they will then attack u by accusing u of leaving out some irrelevant details out here and there. Well, they are dumb but not entirely stupeeed though.
11/07/2021 5:08 PM

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 18:05 | Report Abuse

@sharemarket21 No you are are making extreme cases without basis and yes everyone still have to be alert with the Covid-19 and any potential variants outbreak. You are picking from selective articles and shouldn't put this across the board. The place we are residing now is zero case and we know certain facts and not just theories and assumptions. Yes zero case due to self initiative control because vaccinations rate still less than 20%. So it's possible that Covid-19 can be eliminated not entirely depending on vaccines and many other factors. Fear will only lead to more complications and panicking mode and so we ought to exercise any assumptions or speculations with more factual. There must be a strong reason that the west continue to lead their lives without fear and minimal control although Covid-19 is serious. Again different country have different set of administration. That's what happening to Malaysia and surrounding Asean country. No matter how stay at home and wear masks are compulsory for all citizens for now.
11/07/2021 5:00 PM

You are making very general statements without any details to clarify what u mean. You must be living in some low density isolated place with very cooperative neighborhood. The vaccines has alrdy awaken the monster in Covid, there is no turning back. Only way now is vaccines need keep pace with with Covid mutations and and collectively human need to be very disciplined to practice proper SOP and wear proper PPE at all times. Fear base on reality is now being touted as the way to get more ppl to become aware of the real danger of not complying with SOP and to get vaccinated. I always support my opinion with articles quoting the thoughts and conclusion of medical experts, which were made either through personal observations, analysis of data or in reference to some study carried out. If you think I m wrong in any of my assumptions, pls highlight and be specific about which issue I have raised. Don't make general comments which I cannot respond with specific further explanation. The West have the power of money and technology to take care of themselves first, by quickly vaccinating their population early. but its wrong to say they are living without fears. They are in dilemma about whether to open up or not. They fear of unexpected consequences facing them, but politically, their Gov't also want to score political points. so they want to show their ppl and the world they have been a successful Gov't.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 18:19 | Report Abuse

https://www.hindustantimes.com/world-news/will-get-worse-experts-warn-as-uk-reports-highest-new-covid-cases-since-jan-22-101625909648526.html

On Friday, the UK reported more than 35,000 infections, the highest in over five months. On average, it has been recording about 410 cases per million people over the past week, one the highest cases in the world per capita. Meanwhile, Prime Minister Boris Johnson has branded the July 19 reopening as “Freedom Day” but experts are worried about the message.

Prof Helen Stokes-Lampard, chair of AMRC, told BBC Radio 4’s Today programme that “there seems to be a misapprehension that life will return to normal from then [July 19], and that we can throw away all the precautions, and frankly, that would be dangerous.”

“We all want to make sure that the public is fully aware that this pandemic is far from over and that when the 19th comes, what we need is a responsible approach and a very cautious approach to relaxing restrictions,” she added.

“It is like the worst of a bad winter in July,” it said, urging the public to continue to show caution in their approach.
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To sharemarket21, see the above article, many medical experts are worried about the politicians trying to score political points by making it sounds like they have done a good job to overcome Covid. This is similar to India in February this year when their leader proclaimed victory over Covid and then 2 months later the country was in catastrophic meltdown.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 18:56 | Report Abuse

Neither we are legal experts in medical field nor qualified doctor to comment the current outbreak and impact but merely to correct certain false or extreme Covid-19 general statements or comments so that investors and traders can read and digest both inputs related to gloves sector in this room. Am more interested to predict the share price performance and stock market based on past, current and potential factual and investments factors. Shall leave the Covid-19 and medical sharing to the experts to do the job. Or else we can just conviently search for one sided news and ignoring the truth exactly like many did during the share price trading at the peak. Anything is possible in the world. Totally understand that some investors who have invested in gloves and objective to see more negative Covid-19 news because it helps the investment and boost the share price. Who's not ? So just be fair in posting both inputs. Readers can digest. Damage is already done since then.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-11 20:05 |

Post removed.Why?

Goldberg

2,914 posts

Posted by Goldberg > 2021-07-11 20:09 | Report Abuse

US ‘very concerned’ Covid variants could hamper global economic recovery, says Yellen
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VENICE, July 11 — US Treasury Secretary Janet Yellen said Sunday she was “very concerned” about the risk that new variants of coronavirus could pose to the global economic recovery from the pandemic.

“We are very concerned about the Delta variant and other variants that could emerge and threaten recovery,” she told reporters following a G20 meeting in Venice, Italy.

“We are a connected global economy, what happens in any part of the world affects all other countries.”

In their final statement issued late Saturday, G20 finance ministers warned that the spread of new variants was a “downside risk” to the economic recovery, while also warning of the dangers of differing paces of vaccination campaigns.

“We recognise the importance of working together to speed the process of vaccination and have the goal of wanting to vaccinate 70 percent of the world’s population next year,” Yellen said.

She said “a lot has been done” to finance the purchase of vaccines by developing countries, but said the world needed to “do something more and to be more effective” with respect to responding to outbreaks around the world, such as sending therapeutics and protective equipment.

Goldberg

2,914 posts

Posted by Goldberg > 2021-07-11 20:15 | Report Abuse

Hundreds of Thai medical workers infected despite Sinovac vaccinations
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By Reuters Staff
JULY 11, 20215:23 PMUPDATED

BANGKOK (Reuters) - Thailand’s health ministry said on Sunday more than 600 medical workers who received two doses of China’s Sinovac vaccine have been infected with COVID-19, as authorities weigh giving booster doses to raise immunity.

Of the 677,348 medical personnel who received two doses of Sinovac, 618 became infected, health ministry data from April to July showed. A nurse has died and another medical worker is in critical condition.

https://www.reuters.com/article/health-coronavirus-thailand/hundreds-of-thai-medical-workers-infected-despite-sinovac-vaccinations-idUSL4N2ON059?edition-redirect=uk

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 21:22 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-11 22:06 | Report Abuse

https://www.theguardian.com/politics/2021/jul/10/sajid-javid-warns-nhs-waiting-lists-backlog-could-reach-13m

The new health secretary, Sajid Javid, has warned that NHS waiting lists could rocket to 13m in the coming months as concerns rise over the backlog faced by the health service.

Speaking to the Sunday Telegraph, Javid said the growing number of people waiting for non-Covid treatment on the NHS had been what shocked him the most since returning to the cabinet following Matt Hancock’s resignation.
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Post pandemic NHS still have to deal with 13m back logs of non-Covid related treatments. We can assume many countries are also facing such huge backlogs. This means huge glove demand will continue for many more years. How can ASP suddenly drop to pre-pandemic level overnight?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 22:09 |

Post removed.Why?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 22:37 |

Post removed.Why?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-11 23:36 |

Post removed.Why?

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