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 2 hours ago

ket4212

618 posts

Posted by ket4212 > 2021-08-05 17:02 | Report Abuse

3.10 have stronger support volume also too much

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-08-05 17:03 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-08-05 17:06 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-05 17:07 |

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Posted by habisglov3 > 2021-08-05 17:08 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-05 17:09 |

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Posted by habisglov3 > 2021-08-05 17:10 |

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Stealth

577 posts

Posted by Stealth > 2021-08-05 17:13 | Report Abuse

pjseow's estimate is credible. what can you come up with?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-05 17:13 | Report Abuse

Boston If capacity only 25/30b in 2022 -2024??? You buy at rm3.20 thinking it’s cheap but seller also not naive selling at that price. You seeing what others not seeing. End of the day, market is always right based on current price.

Supermax capacity 46 billions end 2022

amateurJR

2,366 posts

Posted by amateurJR > 2021-08-05 17:15 | Report Abuse

Where is freetospeak?
Haha

Boston

107 posts

Posted by Boston > 2021-08-05 17:21 | Report Abuse

Ryan…if 46b. How come the price keep dropping?? 46b given by the management??? TG and Harta expansion plans also on hold, right?? So frustrating price keep coming down.

Posted by Start_0f_the_bull > 2021-08-05 17:28 | Report Abuse

Even whole Bursa market is bad, politic is now on the center stage, gloves still green. What do all these tell us?
Choose to believe :-
Glove is over since last year?
Upcoming QR out another bloodbath?

Trust what you have bought or trust those nuisance and noisy monkeys?

Those not holding any gloves shares have nothing to lose. Only gloves shareholders are.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-05 17:36 | Report Abuse

Boston Ryan…if 46b. How come the price keep dropping?? 46b given by the management??? TG and Harta expansion plans also on hold, right?? So frustrating price keep coming down.

Supermax capacity increase from 26 billions end 2020 to 36 billions end 2021 and 46 billions end 2022

Posted by investmalaysia777 > 2021-08-05 17:41 |

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Posted by investmalaysia777 > 2021-08-05 17:42 |

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Posted by investmalaysia777 > 2021-08-05 17:43 |

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sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-08-05 18:19 |

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MoneyMakers

7,657 posts

Posted by MoneyMakers > 2021-08-05 18:29 |

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MoneyMakers

7,657 posts

Posted by MoneyMakers > 2021-08-05 18:30 |

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Stealth

577 posts

Posted by Stealth > 2021-08-05 18:58 | Report Abuse

IM777, A JOURNEY OF 1000 CENTS BEGINS WITH THE 1ST CENT!!!

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-05 19:11 |

Post removed.Why?

Posted by investmalaysia777 > 2021-08-05 19:47 |

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Sunyata

166 posts

Posted by Sunyata > 2021-08-05 20:00 | Report Abuse

Tambi. Government not using the numbers as indicator to open states doesn't mean government decision can lower down the number la tambi. In fact, government making this decision might contribute more numbers nia... Tambi tambi..

Sunyata

166 posts

Posted by Sunyata > 2021-08-05 20:02 | Report Abuse

Daily numbers mean daily numbers la, u love or hate glove still the numbers same what. Wah piao. Glove hater means everyday ignore daily cases then go out catch virus issit... Tambi. Tambi.

myinvestor

1,219 posts

Posted by myinvestor > 2021-08-05 20:03 | Report Abuse

Posted by ToneeFa > Aug 5, 2021 7:11 PM | Report Abuse
I think you are right myinvestor, although there is no official news of the completion and commissioning of the Plant13 except in the aureliagloves website. I read somewhere that Plant14&15 capacities are 6b each. So Plant13 must be 10b. Means that Supermax is currently alrdy producing 36b capacity, just 8b behind Harta at the moment.
Pjseow, looks like Supermax alrdy overtook Kossan this qtr. With its OBM module, its earning will not be far from Harta in 1Q22 QR. What do u think?
Maybe this is why MonkeyMakers has been acting weird and desperate lately, even coming up with the most ridiculous " overvalue" calculation. First of its type in the world, only can be found here bcos we have world class mo ron trolling Supermax forum.

Toneefa, with new 13 plant in operation Supermax are able to clear all backlogs and speed up their shipment in North America. This add more revenue and profit in the this qtr and subsequent qtrs.

planta

269 posts

Posted by planta > 2021-08-05 20:08 | Report Abuse

Yes, start living with covid already. Glove consumption will triple. Demand will offset ASP normalisation

===================================

investmalaysia777 https://www.theedgemarkets.com/article/malaysia-stop-using-daily-covid19-cases-decide-states-reopenings

to all glove lovers. no need to keep saying number of daily cases. gov doesn't use this as indicator anymore

DJoker89

4,901 posts

Posted by DJoker89 > 2021-08-05 20:11 |

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RISK8888

2,232 posts

Posted by RISK8888 > 2021-08-05 20:14 | Report Abuse

Join in again after sold @5.00 2 months ago. hope this round can get some good dividend. yeah.

pjseow

2,264 posts

Posted by pjseow > 2021-08-05 20:19 | Report Abuse

Tonee and Myinvestor , based on the supermx briefing, below are their capacity expansion plans

Phase 1 ( by end 2021)
Plant 13 + 2.75 b
Plant 14 +1.00 b
Plant 15 + 3.75 b
Plant 16 + 1.375 b
Plant 17 + 1.375 b

Total + 10.25 b

Phase2 ( by end 2022 )

Plant 13 + 1.00 b
Plant 14 + 2.75 b
Plant 16 + 4.125 b
Plant 17 + 4.125 b

Total + 12.00 b

I supposed if they have started phase 1 of plant 13 production , they could have added 2.75 billion capacity . The total will be 26.175 + 2.75
= 28.925 b now.

Lets wait for the official anmouncement during the coming QR.

------------------------------------------
think you are right myinvestor, although there is no official news of the completion and commissioning of the Plant13 except in the aureliagloves website. I read somewhere that Plant14&15 capacities are 6b each. So Plant13 must be 10b. Means that Supermax is currently alrdy producing 36b capacity, just 8b behind Harta at the moment.
Pjseow, looks like Supermax alrdy overtook Kossan this qtr. With its OBM module, its earning will not be far from Harta in 1Q22 QR. What do u think?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-05 20:29 | Report Abuse

Thanks pjseow for clarifying. We hope that Supermax management will expedite to complete the phase 1 expansion way before end of 2021. That would help them to meet the coming winter surge huge glove demand.

MoneyMakers

7,657 posts

Posted by MoneyMakers > 2021-08-05 20:42 |

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MoneyMakers

7,657 posts

Posted by MoneyMakers > 2021-08-05 20:44 |

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Posted by Start_0f_the_bull > 2021-08-05 20:54 | Report Abuse

MoneyMakers Just 1 day left b4 QR massacre..giddy up!!

Small collapse - 2.8
Partial collapse - 2.5
Total collapse - 2.2

Lets see which 1 hits
05/08/2021 8:44 PM

Wow! You are so clever ha.
If it doesn't happen, how?

MoneyMakers

7,657 posts

Posted by MoneyMakers > 2021-08-05 21:03 |

Post removed.Why?

KooSan

541 posts

Posted by KooSan > 2021-08-05 21:18 | Report Abuse

China imposes restrictions as Delta reaches nearly half the country

Posted by kingkong99 > 2021-08-05 22:22 | Report Abuse

Washington [US], August 5 (ANI): US top coronavirus adviser Dr Anthony Fauci on Wednesday (local time) said that COVID-19 cases may double as variant worse than Delta could be coming.

"If America's current COVID-19 surge continues unabated into the fall and winter, the country will likely face an even more deadly strain of the virus that could evade the current coronavirus vaccines, Fauci told McClatchy

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-05 23:38 | Report Abuse

Tmr morning global daily cases may >700k, a new milestone.

lamdba

52 posts

Posted by lamdba > 2021-08-06 00:01 | Report Abuse

Time to stop looking at covid cases but more into increased health awareness. Hand sanitiser, masks and gloves will have strong demand moving forward. More so when countries opens up it's borders.
The time tourism opens and planes can fly again, gloves will become bullish again

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-08-06 00:02 | Report Abuse

Now seems like is vaccine play already now in US. Maybe will allocate part of my fund to vaccine in US country

kcw3388

2 posts

Posted by kcw3388 > 2021-08-06 00:04 | Report Abuse

fundamentally, glove demand will continuously persist even with lower covid cases since it is essential medical product
current price will definitely consider cheap
it is only matter of time for ppl to realize its value

Ibelieve

1,429 posts

Posted by Ibelieve > 2021-08-06 00:33 | Report Abuse

Re-opening to save manufacturing industries, gloves are essentials will operate full swing for the frontliners. While envious people continue to waste life envying and sabotaging, most vaccinated workers go back to work in factories, stay in a distance between workplace and home, rebuilding their families and finance.
No time for travel, leisure and almost any forms of gatherings, certainly due to no gut and confidence to do so, in a fake recovery again and again, with ever-changing strategy before any previous one would ever succeed, until tomorrow the case number also go hide-up or cover-up, while covid delta are on the loose like mad dogs.

Ibelieve

1,429 posts

Posted by Ibelieve > 2021-08-06 00:42 | Report Abuse

By the way, after MY self-proclaimed to be leading jab country and decided to give free jab to almost all foreign workers and foreigners, doesn't it hint or imply that CBP should pat on us and reconsider or retract their modern slavery forced labor claims to almost all of our export industries?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 00:51 | Report Abuse

@lamdba Time to stop looking at covid cases but more into increased health awareness. Hand sanitiser, masks and gloves will have strong demand moving forward. More so when countries opens up it's borders.
The time tourism opens and planes can fly again, gloves will become bullish again
06/08/2021 12:01 AM

Daily infection rates is the first sign of how much hospitalization and death to follow later. The more infection means will lead to more hospitalization and subsequent death, and glove demand will increase accordingly.

kcw3388

2 posts

Posted by kcw3388 > 2021-08-06 03:36 | Report Abuse

glove demand will be still there even wit recovery of covid later
the pandemic has raised the awareness and alarm

imvu

7,888 posts

Posted by imvu > 2021-08-06 07:46 | Report Abuse

hari ni hijau gap up limit up .

DickyU

101 posts

Posted by DickyU > 2021-08-06 08:39 | Report Abuse

WORLD COVID CASES 700k

UPlanet

1,450 posts

Posted by UPlanet > 2021-08-06 08:41 | Report Abuse

WoW! US 117k, UK 30k, Israel 3.3k! Covid19 really won’t go away meh??? Sigh!

casanwk

1,496 posts

Posted by casanwk > 2021-08-06 08:57 | Report Abuse

Trading signal continues
Macd oledi crossover (2hr)
C whether shortist short cover at this zone
Heng heng .....

Posted by ThePowerOfGlove > 2021-08-06 09:22 | Report Abuse

US, UK, Israel all did fantastic early vaccinations, but unfortunately they have also kind of largely negated their own great effots by overexuberant lifting of movement restrictions too early

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