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 2 hours ago

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-12 10:53 | Report Abuse

Aiyoh, since u all don't own any shares in Supermax, there is nothing for u all to lose anyway, and u all can easily just join another glove forums and do what u ppl do best there.

strattegist

23,459 posts

Posted by strattegist > 2021-07-12 10:59 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:00 |

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glovefinish

2,070 posts

Posted by glovefinish > 2021-07-12 11:02 |

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sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-12 11:03 | Report Abuse

It's okay with the removal. This is not the first time it's happening. It was started since the few peaks. Damages already done. Just be cautious with the all the possibilities and including the room admin or whoever is doing this. Personal vested interest or hidden motive. No matter how a commenter put up the the proper words, it was conviently removed without basis. One sided action and similar to one sided regular news posting behaviour but ignoring comments which contain taunting in between lines. The most important and truth that the price tumbled from 12-3.04. Just keep doing our check and balance here. Perhaps the group of administrator or staff would be replaced or stopped one day I hope. As for now invest with extra care and digest all the news. Wimbledon fully packed, Euro final amazing crowd ,UFC and so on so forth..GL !

Beary

1,553 posts

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

Just flag and ignore the chickens.

Do not respond/engage them.

You copy & paste their comments some more, that is stupeed.

SIEN.

Posted by invest_malaysia > 2021-07-12 11:04 |

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ToneeFa

2,529 posts

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

Ur right Beary, these ppl have nothing else to do but keep annoying and instigating with misinfo and insults. Poor fellas earning 65sen per post to buy their nasi lemak everyday.

Hazzyy

191 posts

Posted by Hazzyy > 2021-07-12 11:14 | Report Abuse

Follow this and you will be blessed . Do not unto others which you don’t want others to do unto you . May you rise above the others. What they do you can’t control . You can control your self . That’s the purpose of our life here .

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-12 11:16 | Report Abuse

Overall Bursa volume and value are still below the expectations. DJ have shown some serious correction signs. It probably will be spread to SEA because of the current Covid-19 situation. So any spike in between with heavy volume is worth considering to log in some decent profits. Otherwise be cautious with potential setback like CBP, latest profit result and TG pricing gap catching. Of course continue to target your low entry price. Still think the stock volume has to slow down first for best price recollection.

Hazzyy

191 posts

Posted by Hazzyy > 2021-07-12 11:17 | Report Abuse

No matter what you say or argue is a waste of your energy . Think of how to do good everyday - stranger , animals , friends. , relatives. using present moment awareness.

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:18 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:28 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:29 |

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Beary

1,553 posts

Posted by Beary > 2021-07-12 11:30 | Report Abuse

Bull trap?

You expect the price to shoot up like long march rocket ah?

UPlanet

1,450 posts

Posted by UPlanet > 2021-07-12 11:32 | Report Abuse

Beary, right! To me, it’s uptrend correction!

ToneeFa

2,529 posts

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

@Looking at the morning trade, its obvious last Friday run up was a fake rebound.
- Good thing retailers didn't chase high and avoided contra play.
-The least the retaillers/bag holders can do is continue to hold tight tight and only those with long haul capacity should continue to nibble if the price were to dip further.
- Don't cut loss or earn nasi lemak profit, but collectively hold for >5.0.
- Don't sell out your Supermax ticket cheap cheap and let the shortists cover short position cheaply.
- With Covid ravaging the world now, the pandemic will not be over yet so soon.
- Meanwhile hold and wait for:
1. potential sbb by Stanley, so cheap for Stanley to SBB now.
2. potential good dividend reward for end FY21, so much earnings to distribute.
3. potential OGM deals updates, with coming wave the urgency for strategic supply chain will be
higher.
4. potential US expansion update. Such expansion would now be seen as a smart move in light
of current halted operation due to EMCO. Cannot put too many eggs in one basket.
5. Potential suspension of RSS due to worsening economic conditions for retailers. 580,000 MSME
owners will collapse if lockdown persist. Many of them likely to be retailers at Bursa. FM need to
assist by suspending RSS like last year.
6.Covid coming big wave could wreck havoc to the global healthcare system worse than previous
waves. ASP may start rising again due to acute glove shortage. Remember 80% of the global
population have not been vaccinated yet. This time it will hit many more countries which were
spared in previous waves much harder, and infect wider demographics of the population, therefore glove demand from these new markets will be exponential.

With FPE of 2.4 at current price, what can go wrong? Whereas all other sectors will be hard hit, gloves will continue to earn supernormal profits
12/07/2021 11:26 AM

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:34 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:34 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:35 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-12 11:35 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:35 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:35 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:36 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:36 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:36 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:37 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:37 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:37 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:38 |

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Beary

1,553 posts

Posted by Beary > 2021-07-12 11:38 | Report Abuse

Always be on the look out for high probability events.

Bet big if the odds of such an event happening is high.

You can never be correct all the time.

But when you are correct, you want to win big.

Need I say more?

What is the most probable event that is most likely going to happen in the near future?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 11:39 |

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UPlanet

1,450 posts

Posted by UPlanet > 2021-07-12 11:40 | Report Abuse

I think I know why I3 admin removed naysayers comments!!! Ha!!! Coz they just keep repeating the same old info and occupy almost whole page of forum! This will make other forumers feel really BORING!!! SEIN!!! Eventually will lesser lesser ppl visit here…

glovefinish

2,070 posts

Posted by glovefinish > 2021-07-12 11:40 |

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Beary

1,553 posts

Posted by Beary > 2021-07-12 11:51 | Report Abuse

Examples of high probability events :-

-Short sellers cover their positions.
-Pandemic gets out of control.
-Worldwide glove shortage due to MCO in Malaysia.
-Rise in vaccine breakthrough infections.
-Emergence of new vaccine resistant virus variants.
-Booster vaccine shot needed after every 6 months.
-Feel free to add more.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-12 12:04 | Report Abuse

The whole market sentiment and trend are quite heavy compared to the just beginning last year and April short fiery term. Coupled with many bought at the few peaks. The energy and hype have disappeared for now. The volume is not convincing and investors and traders are feeling the heat and burden. This had developed to a grabbing investments. As long as Msia are still not able to come out from the present turmoil or having a proper plan to resolve some issues, every potential rally or recovery might be short-lived. The funds are switching from one place to another. Unless Bursa stocks are getting very cheap in line with the current crisis, otherwise FF and big boys will just have to wait and see.

monetary

4,447 posts

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

now is variants vs global vaccination race. market expect the later will win. sorry glovers.

Beary

1,553 posts

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

https://www.youtube.com/watch?v=7Twd-DTVHqI&t=304s&ab_channel=CBSNews

So vaccination has now become political in US?

Replubican 50% vs Democrat 50%

In the end virus wins.

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:19 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:20 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:20 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:20 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:20 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:21 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:21 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:21 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:22 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:22 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:22 |

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MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-12 12:22 |

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