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.

222,697 comment(s). Last comment by ket4212 2 hours ago

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-13 20:18 | Report Abuse

haha...technically yes, but its a matter of choice of term used , "purposely" would seemed a bit cruel and cold hearted, but perhaps "necessity" may sound more as a matter resolving a difficult dilemma.
13/07/2021 8:17 PM

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-07-13 20:19 | Report Abuse

3.18
san yi fa
Business terus kaya maksudnya

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-13 20:22 | Report Abuse

Wow Indonesia is hitting record numbers now. 47k. This is the new trend of Delta around the world soon.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-13 20:29 | Report Abuse

ToneeFa Country use to have tens are hitting few hundreds, and those that used to be few hundred are now hitting few thousands. Delta can easily add 1-2 zeros to their daily cases numbers. Soon there will be no more penny stock Covid, ie <100 cases.
13/07/2021 8:24 PM

Posted by Start_0f_the_bull > 2021-07-13 20:34 | Report Abuse

ToneeFa Wow Indonesia is hitting record numbers now. 47k. This is the new trend of Delta around the world soon.
13/07/2021 8:22 PM

You sound like very happy when covid-19 new cases increase?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-13 20:46 | Report Abuse

SOTB, on the contrary, I actually shed a tear just now for the 864 deaths there today. I said the WoW with trembling lips and overwhelming sadness actually.

Beary

1,553 posts

Posted by Beary > 2021-07-13 20:58 | Report Abuse

Do you realize that on per capita basis Malaysia is far worse than Indonesia?

And the worse is yet to come.

You better save your fake tears for Malaysia.

Lol...

Do not be shocked if situation here becomes like in India a few months ago.

Posted by Start_0f_the_bull > 2021-07-13 20:59 | Report Abuse

It is actually worse than India now based on infection rate.

Posted by Start_0f_the_bull > 2021-07-13 21:06 | Report Abuse

Oh ya. He can apply some Haw Par oil onto his eyes to have more tear drops.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:09 |

Post removed.Why?

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:09 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:10 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:10 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:10 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:10 |

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ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-13 21:11 | Report Abuse

Beary, I heard a rumor we may be touching 20k soon. But maybe its only a rumor.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:11 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:11 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:11 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:11 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:11 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:12 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:12 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:12 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:12 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:13 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:13 |

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Sunyata

166 posts

Posted by Sunyata > 2021-07-13 21:14 | Report Abuse

Glove not allow to operate now, over 60% production from Malaysia, later shortage of gloves, prices of gloves go up again, share price also up, wishful thinking? :)

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:15 |

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sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-13 21:29 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 21:35 |

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Geek2020

970 posts

Posted by Geek2020 > 2021-07-13 22:16 | Report Abuse

Prolonged EMCO wont help glovemakers now because they are also not producing a single glove now. Most of their factories is in Selangor.

Sunyata

166 posts

Posted by Sunyata > 2021-07-13 22:19 | Report Abuse

See your name lazy read d, flooding here since immemorial

Yupeetan

585 posts

Posted by Yupeetan > 2021-07-13 22:29 | Report Abuse

Last time when you said Wuhan, everyone ran away
Nowadays when you say Delta, everyone stops breathing.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 22:29 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 22:53 |

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Zrenxy

610 posts

Posted by Zrenxy > 2021-07-13 22:59 | Report Abuse

Supermax gonna announce special dividend of rm0.20 ...stay tuned

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 22:59 |

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MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 23:02 |

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myinvestor

1,219 posts

Posted by myinvestor > 2021-07-13 23:02 | Report Abuse

Vaccination rate doses/100 people comparison between Malaysia and other top countries.

Malaysia vaccination rate doses/100 people- 35.12 (daily new cases 11k)
Indonesia -18.75 (dnc-40k)
India-27.34 (dnc-31k)
Vietnam-4.15 (dnc-2.3k)
Singapore -105 (dnc-26)
Philipines -11.97(dnc-5.2k)
China-96.05 (dnc-27)
US -99.91 (dnc-15k)
UK-119 (dnc-35k)
France -87.51 (dnc-1.3k)
Brazil-53.85 (dnc-17k)
Spain-99.7 (dnc-11.3k)


The vaccination rate seem doesn't correlate with daily new cases. Like US n Uk with high vaccination rate of almost 100%% still have 15k and 35k new cases respectively.. The countries like China n Singapore with better crowd control ,testing and isolation are able to maintain below 50 cases daily. Spain 99.7 vaccination rate still has high new cases of 11k daily.

Zrenxy

610 posts

Posted by Zrenxy > 2021-07-13 23:20 | Report Abuse

As long as company cash and bank balances increase, nobody cares if profit drops lol

Posted by GloveShortDIE > 2021-07-13 23:23 | Report Abuse

Indonesia reports record daily increase in COVID-19 infections, orders oxygen supplies

End of the world

Posted by GloveShortDIE > 2021-07-13 23:24 | Report Abuse

Indonesia reports record daily increase in COVID-19 infections, orders oxygen supplies

Posted by GloveShortDIE > 2021-07-13 23:24 | Report Abuse

Tomorrow sure limit up

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-13 23:44 | Report Abuse

Good point myinvestor, so the conclusion is that vaccines by itself do not reduce the infection rate of a country, but personal responsibility of the individuals within the population and proper SOP in place by the Gov't will help to reduce it. It's important to reduce infections amongst the vaccinated in order to reduce the chances for the emergence of new variants that can evade the vaccine. Successful mutation of new variants normally happens in those who have weaker immune system, or immune-compromised person. Therefore, even if such a person is fully vaccinated, there's a chance he may not be able to produce sufficient neutralizing antibodies to fight Delta variant, and that may give the virus a chance to mutate and overcome the antibodies, thereafter an even stronger variant will emerge that can escape the vaccine.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 23:50 | Report Abuse

Margma said global demand for gloves in 2021 was expected to remain at 420 billion pieces

15% demand growth in 2022 = 480Bil

Global demand 2022 480Bil
MY production 2022 320Bil
IntCo production 2022 130Bil

Glove shortage doesnt mean can maintain high ASP..2022 glove shortage 30Bil (just from MY/IntCo production) - even less than 2019 shortage 40Bil..havent include production from EU/Thai

With lower shortage in 2022 than 2019, only logical ASP return to pre-pandemic level

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

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 23:51 | Report Abuse

Endemic doesnt mean ASP can maintain high

Glove biz always made profit..just that prepandemic profit can only maintain prepandemic share price 65sen

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 23:51 | Report Abuse

Just wait coming QR profit 500Mil (RHB) + another ASP drop announcement

Glove massacre coming..glovers alrdy in line to get slaughtered

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-07-13 23:51 | Report Abuse

OMG local+foreign institutions all dumping gloves

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