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 4 hours ago

Posted by investmalaysia777 > 2021-08-04 08:37 | Report Abuse

@toneefa. for you yes la. because you just simply blow water here and come out with your own assumptions. of course no need to do homework. if I were to suggest, I will need to refer back to the figures. this is what I meant by homework.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-04 08:44 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-08-04 09:03 | Report Abuse

xiaomizohai is not a malaysian i think

Posted by nataliekoo > 2021-08-04 09:05 | Report Abuse

No worries, limit up SOON !!!

myinvestor

1,219 posts

Posted by myinvestor > 2021-08-04 09:09 | Report Abuse

With plant 13 in operation, Supermax capacity should had raised production capacity from 27b to 36b in 2h of 2021 according to their AGM 2020.

Posted by Start_0f_the_bull > 2021-08-04 09:11 | Report Abuse

Shorties are like headless chicken now, can't decide which glove counters to short now because most glove counters are already oversold now.

Youngkid

298 posts

Posted by Youngkid > 2021-08-04 09:11 | Report Abuse

Operators dare to short down kah?

planta

269 posts

Posted by planta > 2021-08-04 09:13 | Report Abuse

Holyshit, our politicians choose to play politic at this time. Offset all the good news for gloves. Gloves suppose to go up but kena offset by political uncertainty.
But it’s a good bargain coming forward for investors

myinvestor

1,219 posts

Posted by myinvestor > 2021-08-04 09:22 | Report Abuse

Us new cases hit above 100k again.

1 USA 36,043,489 +102,752

Billboard

150 posts

Posted by Billboard > 2021-08-04 09:26 | Report Abuse

Hello sm21 u realize writer with dots here wrote from 9 to 3 now n indeed glad that u exit at 3.80

I see two extremes here one keep promote ensure there are enough takers during rebound when they unload
Other group massacre bloodbaths hope get plentiful cheap tickets maximize $ when rebound.

Nevertheless GF mention RM40 asp is very good price considering precovid asp were 18 to 20.
Old era were on old machines rate at 6000pcs an hour u see so many difficult old glove factories. New production uses 100m double formers line rate at 30k an hour with auto stripping achieve lower costs

This industry will prosper can just live on dividend

pjseow

2,264 posts

Posted by pjseow > 2021-08-04 09:33 | Report Abuse

Pampers, Post pandemic ASP of US 30 to 35 is reasonable .Many analysts projected this numbers . We just do not know when is post pandemic at the rate the variants are infecting peoples all over the world. I had done a worst case scenario for supermx by assuming US24 as post pandemic ASP. The US 30 to 35 is about 30% higher than my assumption . This is a bonus . At the current price , supermx price is already lower than my US 24 worst case scenario valuation. If post pandemic ASP is 30 to 35 , it give further and better margin of safety.

--------------------------------------------------
pampers @pjseow, according to the harta briefing today, ASP expected to drop to 40 potentially, they foresee post pandemic ASP will be around 30-35, so don't be too opstimic about the ASP... Anyway, glove counters are still way undervalue even ASP is dropping.
03/08/2021 11:06 PM

Stealth

577 posts

Posted by Stealth > 2021-08-04 09:38 | Report Abuse

pjs youve shown them all the possible scenarios.They just cant get it through their thick heads.

Stealth

577 posts

Posted by Stealth > 2021-08-04 09:40 | Report Abuse

i dont mean you, pampers!!

Stealth

577 posts

Posted by Stealth > 2021-08-04 09:42 | Report Abuse

uptrend unfolding?

Sansing

1,028 posts

Posted by Sansing > 2021-08-04 09:45 | Report Abuse

All Gloves counters should move up due to huge profit

Posted by Start_0f_the_bull > 2021-08-04 09:49 | Report Abuse

Carepls too will deliver a fantastic results I guess it will be end of this week or early next week.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-04 09:51 | Report Abuse

Delta variant will be worse this coming fall and winter another 2-3 months causing exponential hike in US and European countries

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-08-04 09:53 | Report Abuse

US cases increasing daily...good for supermax

Sansing

1,028 posts

Posted by Sansing > 2021-08-04 10:07 | Report Abuse

The operators are preventing the shares from going up. But how long u can control?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-08-04 10:08 |

Post removed.Why?

Posted by investmalaysia777 > 2021-08-04 10:08 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-04 10:11 | Report Abuse

Vaccines hv failed to control this Delta variant and more gloves are needed coming next few months

DickyU

101 posts

Posted by DickyU > 2021-08-04 10:14 | Report Abuse

2.5 coming soon

Maridien2

1,084 posts

Posted by Maridien2 > 2021-08-04 10:15 | Report Abuse

Covid forever

Slc1

855 posts

Posted by Slc1 > 2021-08-04 10:18 | Report Abuse

If klci plunge gloves stock also plunge.

Anaconder

1,031 posts

Posted by Anaconder > 2021-08-04 10:19 | Report Abuse

Convid 19 is out of control not only Malaysia but worldwide.So gloves counters should made huge profit . Therefore gloves shares should move up . So operators, no point u suppress this gloves counter .U r just denied the fact. U r dealing against educated investors who know how to invest n what to invest. The more u delay it the more u r going to loose

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-08-04 10:24 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-08-04 10:25 |

Post removed.Why?

Posted by warrenchok90 > 2021-08-04 10:25 | Report Abuse

The income is good but still drop… really dont understand what happen to the counter. Perhaps after we sell all the stock then it only go up.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-08-04 10:26 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-08-04 10:28 | Report Abuse

yes warren, after we sell.But dont !!

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-08-04 10:32 |

Post removed.Why?

Billboard

150 posts

Posted by Billboard > 2021-08-04 10:33 | Report Abuse

Recent dividend is 18sen cud be annual 72sen n at current price return is 23% which is 10x bank FD

Anyway I comfortably living on dividend alone

RockerArm

546 posts

Posted by RockerArm > 2021-08-04 10:34 | Report Abuse

Keep buying if u have bullets cos this counter got great potential to move up. Aldy drop abt 74% from peak A very severe drop by normal standard. Feel safe to accumulate

Posted by Start_0f_the_bull > 2021-08-04 10:36 | Report Abuse

https://www.thestar.com.my/news/nation/2021/08/04/muhyiddin-expected-to-meet-king-at-11am-today-aug-4

Focus is on politic today. Bursa bloodbath. Gloves casualties are still minimal now.

ket4212

618 posts

Posted by ket4212 > 2021-08-04 10:36 | Report Abuse

rockerarm brother morning

tah16600

2,646 posts

Posted by tah16600 > 2021-08-04 10:42 | Report Abuse

I notice Major shareholder of Comfort aldy start buying from open market & I believe major shareholders of Supermx could be doing the same thing indirectly

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-08-04 10:42 |

Post removed.Why?

ket4212

618 posts

Posted by ket4212 > 2021-08-04 10:52 | Report Abuse

rockerarm brother now Buy danger wait below3

Billboard

150 posts

Posted by Billboard > 2021-08-04 10:52 | Report Abuse

My focus is Tglove recently added Supermx

RockerArm

546 posts

Posted by RockerArm > 2021-08-04 11:01 | Report Abuse

Buy some now n if goes below 3 top up more

ket4212

618 posts

Posted by ket4212 > 2021-08-04 11:05 | Report Abuse

good follow

DickyU

101 posts

Posted by DickyU > 2021-08-04 11:08 | Report Abuse

2.5 coming soon

Posted by Start_0f_the_bull > 2021-08-04 11:14 | Report Abuse

Anwar related share ASB is actively traded now. Need to top up my popcorn now.

Stealth

577 posts

Posted by Stealth > 2021-08-04 11:15 | Report Abuse

TP for Harta ( 4/8/21) publicbank rm7.8,malacca securities rm7.9,kenanga rm11.35,Hong leong RM14.05

Stealth

577 posts

Posted by Stealth > 2021-08-04 11:23 | Report Abuse

Aminvest TP for harta-rm6.87

Billboard

150 posts

Posted by Billboard > 2021-08-04 11:25 | Report Abuse

Retailers scared off........
Best time to goreng up

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-08-04 11:30 |

Post removed.Why?

MoneyMakers

7,659 posts

Posted by MoneyMakers > 2021-08-04 11:32 |

Post removed.Why?

Billboard

150 posts

Posted by Billboard > 2021-08-04 11:52 | Report Abuse

Mm all bad news already rumours spell out by you when come to actual qr date becomes reality run oh

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