SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.85

Today's Change

+0.005 (0.59%)

Day's Change

0.84 - 0.86

Trading Volume

3,895,300


100 people like this.

222,692 comment(s). Last comment by Endgame 11 hours ago

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 11:55 |

Post removed.Why?

Posted by Debonnaire > 2021-07-28 11:55 | Report Abuse

UK had a mega jump of deaths from 14 to 131 deaths from two days ago to yesterday while US had 146 to 339 deaths over the last two days period too!!!

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-28 12:13 |

Post removed.Why?

Posted by Morgun66 > 2021-07-28 12:18 |

Post removed.Why?

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-28 12:21 | Report Abuse

TradeJune21 july21

KUALA LUMPUR: Malaysia’s exports surged past RM105bil in June and record the 10th straight month of growth on-year since September due to strong demand for petroleum products, chips and rubber goods.

The Senior Minister of International Trade and Industry said in a statement on Wednesday the growth in June was underpinned by exports to China and US – the highest ever recorded.

June’s total exports also increased by 14.3% from May’s exports of RM92.31bil.

https://www.klsescreener.com/v2/news/view/859989/june-exports-surge-past-rm105b-boost-from-trade-with-china-us

Expect all gloves companies to make big profit in this coming quarters.

Boston

107 posts

Posted by Boston > 2021-07-28 12:42 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 12:44 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 12:46 |

Post removed.Why?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-28 13:10 |

Post removed.Why?

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-28 13:19 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 13:50 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 13:52 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-28 13:58 | Report Abuse

MM, why Kossan keeps going up before and after QR?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-28 14:00 | Report Abuse

Kossan caught up with Supermax, maybe soon Supermax may catch up with TG before and after QR

onhands

162 posts

Posted by onhands > 2021-07-28 14:13 | Report Abuse

]]MoneyMakers 7 days left until coming QR massacre @ 50% profit drop (RHB) + lower ASP announcement. Road to 2.5..just sit back, relax & enjoy the coming waterfall


Hi MonkeyMakers please inform when MASSACRE and WATERFALL we standby to pick your dead chickens LOL

Posted by antimoneymakers > 2021-07-28 14:23 | Report Abuse

Yeah moneymakers. Make sure they hit 2.5 ya. Or else just keep your fcking mouth shut

onhands

162 posts

Posted by onhands > 2021-07-28 14:25 | Report Abuse

ToneeFa Kossan caught up with Supermax, maybe soon Supermax may catch up with TG before and after QR
28/07/2021 2:00 PM


Coming QR many great results
Kossan catch up Supermax
Supermax catch up Topglove
Topglove catchup Harta
Harta catch up Maybank
Mayban catch up Nestle !

All win win situations please stay tuned dont flip your eyes !
Hahaha

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-07-28 14:47 |

Post removed.Why?

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-07-28 14:49 |

Post removed.Why?

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-07-28 14:50 |

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onhands

162 posts

Posted by onhands > 2021-07-28 14:55 | Report Abuse

Toilet papers good ah !
See other part of world using it to print currency notes

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 15:10 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-07-28 15:15 |

Post removed.Why?

Posted by Debonnaire > 2021-07-28 15:22 | Report Abuse

Latest data from New York Times shows that infection in US has shot back up to 108,775 cases now!

Posted by Debonnaire > 2021-07-28 15:24 | Report Abuse

Panic gloves buying 2.0 fm US and Europe soon, no?

onhands

162 posts

Posted by onhands > 2021-07-28 15:29 | Report Abuse

MM dont worry getting little restless while waiting for my dividends for Kossan Supermx Topglove Harta & Riverstone
Of late added pharma waiting June QR dividend to be announced Aug was told good profits while company doing good jobs serving the nations from pandemic

pjseow

2,264 posts

Posted by pjseow > 2021-07-28 15:29 | Report Abuse

It has been almost 10 months since all the glove stock prices had been.coming down due to the imaginery.fears of ASP coming down while all the glove makers are making record profits qtrs after qtrs except topglove.which was affected mainly due to CBP.ban . While.nobody knows when the pandemic will end and when will the ASP comes to stabilised state and by how much but the markets had already over reacted as though the ASP had already come down to stabilised state. All the glove makers are having the lowest PEs of less than 4 except Harta with less than 9 . Never in.history had a sector.which keep making record profits while stock.prices keep coming down with Average PE s of less than 4. With the expected good QR for Harta , Supermx , Rubberex, Careplus , the average.PE will come down further to below 3 . The M alaysian markets had gone crazy.

romulos

141 posts

Posted by romulos > 2021-07-28 15:29 | Report Abuse

17,405 positive cases today

Sunyata

166 posts

Posted by Sunyata > 2021-07-28 15:41 | Report Abuse

Pjseow, how much fair value according to your calculations

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-28 15:50 | Report Abuse

Bursa PAT profit dropped so much from 121m to 88m this qtr. The reinstatement RSS did not help the increase the retailer/FF shares trading volume. In fact all the Top4 gloves shares trading volume and RSS stocks volume dropped drastically since reinstatement of RSS. Usually the those where RSS are suspended, shares trading per day easily exceed average 500m per day but now it is only traded very thinly average about 10m (10x) a day. If bursa want more shares trading from retailer, RSS should be suspended asap.

pjseow

2,264 posts

Posted by pjseow > 2021-07-28 15:52 | Report Abuse

Sunyata, I did not have any calculation on Fair value but I had done a worst case scenario calculation by assuming ASP go down to US 24 per 1000 and mfg net margin of 10 % and distribution.margin of 15 %. The other assumption .is capacity goes uo to 48 billion per year during post pandemic which may happen in 2003 or 2004 . Pls read my previous messages .


----------------------------------------------
Sunyata Pjseow, how much fair value according to your calculations
28/07/2021 3:41 PM

Posted by Benhobenhobenho > 2021-07-28 16:00 | Report Abuse

Someone is pressing down the price n manipulating to stop price from going up despite the pandemic still raging everywhere in the world.

onhands

162 posts

Posted by onhands > 2021-07-28 16:02 | Report Abuse

MoneyMakers Walao got new ID @ anti-me lol
Whats ur orig ID??


May disappoint you mm, i am new comer just join in april nevertheless no intention to @anti-anyone just that reading your messages get little excited feel like responding no hard feelings please

myinvestor

1,219 posts

Posted by myinvestor > 2021-07-28 16:03 | Report Abuse

Shorties gang is here but it must be them manipulating the share price. As long the below 25m volume/day, the shorties syndicates can manipulate the share price.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-28 16:06 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-07-28 16:09 | Report Abuse

Whether u like it or not, the fact remains that there are syndicates manipulation at play. We as small time retailers can't fight but have to wait n be patient

onhands

162 posts

Posted by onhands > 2021-07-28 16:19 | Report Abuse

sharemarket21 ................. biggest scammer ?


Was told that the fund size is 3386b no one around can move JiPai except we just invest and wait

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-28 16:27 |

Post removed.Why?

warrenG

374 posts

Posted by warrenG > 2021-07-28 16:32 | Report Abuse

need to touch Rm2.5 before it can actually trend reversal..

HSIF88

292 posts

Posted by HSIF88 > 2021-07-28 16:40 | Report Abuse

I already out this round.. just a small profit. Overestimated the momentum. Will come back again if there is opportunity

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-07-28 16:51 |

Post removed.Why?

onhands

162 posts

Posted by onhands > 2021-07-28 16:53 | Report Abuse

wa HSIF88 FIFO
I came in April then washed out by GlovesOff & GroundZero
Lately did some homework and com in again
Intention to follow others try earn dividend as living

ket4212

618 posts

Posted by ket4212 > 2021-07-28 16:53 | Report Abuse

close3.29 red

Maridien2

1,084 posts

Posted by Maridien2 > 2021-07-28 16:56 | Report Abuse

This counter is crazy, stay away. last last can throw from 3.36 to 3.29.

ket4212

618 posts

Posted by ket4212 > 2021-07-28 17:00 | Report Abuse

mayb qr no good

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-07-28 17:01 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-07-28 17:04 | Report Abuse

@Maridien2 This counter is crazy, stay away. last last can throw from 3.36 to 3.29.
28/07/2021 4:56 PM

Ya this counter is crazy bcos of shortists and sharks operating this counter are crazy ppl. Mostly are drama queens attitude.

hng33

20,491 posts

Posted by hng33 > 2021-07-28 17:05 | Report Abuse

When ASP is uptrend, supermax OBM model is the first to catch up positive hike impact, and grab 2 source of income from distributions and manufacturing.

Wonder what will impact on supermax when ASP start to downtrend!? I think supermax distribution division will start hit negative impact on withholding stock piling loss, while manufacture to record lower ex-factory selling price.

Posted by NatsukoMishima > 2021-07-28 17:05 | Report Abuse

Hope super thursday tomorrow ! Health care FA will beat tech stocks especially genetec !

Maridien2

1,084 posts

Posted by Maridien2 > 2021-07-28 17:07 | Report Abuse

Ya Toneefa, sharks taiko making a statement. I suka up then up, suka down then down you blow ah...

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