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

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 13:30 | Report Abuse

https://www.sciencemag.org/news/2021/08/what-does-delta-variant-have-store-us-we-asked-coronavirus-experts

How many cases and deaths can the United States expect in the Delta-driven surge?
Many computer models predict case counts will peak sometime between mid-August and early September. That peak may bring as many as 450,000 daily cases, according to forecasters at the Institute for Health Metrics and Evaluation (IHME) at the University of Washington. IHME’s models have drawn controversy throughout the pandemic and other groups are more conservative: The COVID-19 Forecast Hub predicts the daily case count on 21 August will be somewhere between 29,000 and 176,000, using a range of estimates from 41 different models.

IHME researchers forecast a peak of about 1000 deaths a day in mid-September, and a total of 76,000 additional deaths by 1 November. But if 95% of the people in the United States wore masks, their model predicts, 49,000 of those lives would be saved. Americans, including young and healthy people, should not underestimate this variant, warns Ali Mokdad, an IHME epidemiologist. “Delta is a nasty one,” he says.
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US experts looking at daily cases 450k and 1000 deaths at the peak of this Delta wave !!

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 13:37 | Report Abuse

https://abc7news.com/fauci-us-may-sooner-or-later-get-another-variant/10932327/

If the U.S. does not get control over community spread of the delta COVID variant, the nation will continue to see more variants that evade the protection of the vaccines, according to Dr. Anthony Fauci, chief medical adviser to the White House.

Posted by Start_0f_the_bull > 2021-08-06 13:47 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2524701.html

Delta variant spreads, shotage of vaccines in SEA causing disruption of rubber glove products, semiconductors and SUV supplies to the world.

pjseow

2,264 posts

Posted by pjseow > 2021-08-06 14:38 | Report Abuse

Myinvestor, thks for the info. With 32 billion capacity, it is equivalent to kossan capacity. That means in 2H , Supermx earning will be 1.5x of kossan . The additional 50 % will come mainly from supermx distribution earning.
------------------------

PJ Seow, thanks for your updates. It could be 30-32b capacity if u include lot38, Sg buloh. 1.19

Rebuilding & Replacement of Old Lines
Lot 38, Sg Buloh
Capex 70.0m additional capacity 1.19b 2HCY20 (FY21)
Source Midf.
06/08/2021 12:27 PM

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 14:39 |

Post removed.Why?

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 14:41 |

Post removed.Why?

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-08-06 14:56 | Report Abuse

Not being following for a while, when is the QR coming out?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-08-06 14:58 |

Post removed.Why?

myinvestor

1,219 posts

Posted by myinvestor > 2021-08-06 15:05 | Report Abuse

Debt to cash ratio comparison of top stocks
Supermax : 0.078
TG: 0.1106
Harta:0.029
Mrdiy:18.74
Genting:1.56
GenM : 4.30

The higher debt to cash ratio meaning it will takes longer time to recover from debt. For GenM will takes about 4 1/2 years to be debt free. Worst one is Mrdiy, it will takes 18 years to cover its debts.
Investors should take note of this important ratio.

Posted by Investor126 > 2021-08-06 15:11 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-08-06 15:19 | Report Abuse

Warning by DR Fauci on variants worsed than Delta.

https://www.independent.co.uk/news/world/americas/fauci-delta-variant-rise-warning-b1897563.html

Posted by Investor126 > 2021-08-06 15:20 | Report Abuse

Of what I see, Riverstone Holdings Limited upon the announcement of its latest half yearly results last night, share price moving up today.

But here in Malaysia, things move differently.

Posted by Iamstilllearning > 2021-08-06 15:31 | Report Abuse

good results = cannot maintain
bad results = shares price overvalue.

this is what they value about glove stocks.

so, just wait the asp normalise,

then the true value of gloves will appear.

good luck guys

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 15:33 |

Post removed.Why?

Maridien2

1,084 posts

Posted by Maridien2 > 2021-08-06 15:35 | Report Abuse

Shorties need to know this is karma, the more they press down the more covid cases everyday.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 15:54 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-08-06 16:03 | Report Abuse

So many prophets of doom here.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 16:06 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-08-06 16:11 | Report Abuse

Gloves stocks price keep on dropping like this is raising doubt that covid-19 variants spread all over the world as more cases increase demand for gloves will decrease or don't need gloves anymore. LOL

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 16:14 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-08-06 16:20 | Report Abuse

But UG Healthcare share price increase by 2.6%, Riverstone increase by 5%.
Malaysia glove counters all red. This could be the local issue I guess.

Slc1

855 posts

Posted by Slc1 > 2021-08-06 16:22 | Report Abuse

This Money Makers really funny. He really hates supermax.

Billboard

150 posts

Posted by Billboard > 2021-08-06 16:29 | Report Abuse

Tested recent low and coming back!

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 16:31 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 16:32 | Report Abuse

yup SOTB, everyone knows Delta is out of control worldwide. Just look at the current global surge of daily new cases and hospitalization/deaths. In 2 months time, we will be staring at a gloomy situation worldwide but esp US, UK and Europe will face their fall and winter surge. And as Fauci said, he expects a new variant to emerge that is more transmissible than Delta but totally evade current vaccines. We are at the threshold where vaccines are being seriously challenged and mankind will once again face uncertainty going forward. Only certainty is that gloves will continue to protect frontliners and protect humanity.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 16:36 |

Post removed.Why?

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 16:38 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 16:44 | Report Abuse

MM don't just tokok, get ready to massacre ur kuku if not today then will be Monday.

Posted by Benhobenhobenho > 2021-08-06 16:45 | Report Abuse

Many here seem to know the glove business better than the bosses n founder of Supermax

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 16:46 |

Post removed.Why?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 16:46 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-08-06 16:55 | Report Abuse

Just let it flow one day gloves stocks will reach their fair prices.

MoneyMakers

7,656 posts

Posted by MoneyMakers > 2021-08-06 16:58 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-08-06 17:05 | Report Abuse

MoneyMakers Tonee Suggest enjoy ur final weekend b4 coming massacre

No need comment day/night this weekend..wont stop the coming bloodbath
06/08/2021 4:58 PM

You comment or don't comment here day and night also don't make any difference. Correct or not?

Posted by straightarrow > 2021-08-06 17:08 | Report Abuse

RSS should be banned.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-06 17:16 | Report Abuse

RSS should hv fixed period imposed to buy back their short sell shares

5c0160

1,763 posts

Posted by 5c0160 > 2021-08-06 17:21 | Report Abuse

monday 2.90

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-06 17:24 |

Post removed.Why?

imvu

7,888 posts

Posted by imvu > 2021-08-06 17:31 | Report Abuse

isnin pagi gap up limit up .

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 18:09 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 18:14 | Report Abuse

Looks like tmr morning may see new high of global daily cases touching 750k.

Boston

107 posts

Posted by Boston > 2021-08-06 18:15 | Report Abuse

Why must ban RSS??? Without RSS, price confirm higher??? Next time you buy share, check whether is it inside the rss list or not.

Boston

107 posts

Posted by Boston > 2021-08-06 18:18 | Report Abuse

As of 06/08/21…buyers/sellers agreed price at rm3.10 (settlement). Everyone agree glove companies are great and making profit….but classic eg of great companies with lots of cash with low share price.

SinGor

4,919 posts

Posted by SinGor > 2021-08-06 18:20 | Report Abuse

Quarter Results if Good should be announced this week...pushing to next week means management need to adjust many things to make results look Good

5c0160

1,763 posts

Posted by 5c0160 > 2021-08-06 18:30 | Report Abuse

No QR announcement.

Posted by Extraordinary88 > 2021-08-06 18:35 | Report Abuse

Our market not that advanced and less money flow in. If no rss, jpm not interested in bursa
At least with rss, got some small kfc for jpm.


Boston Why must ban RSS??? Without RSS, price confirm higher??? Next time you buy share, check whether is it inside the rss list or not.
06/08/2021 6:15 PM

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-06 18:46 | Report Abuse

@SinGor Quarter Results if Good should be announced this week...pushing to next week means management need to adjust many things to make results look Good
06/08/2021 6:20 PM

Maybe delay could be due to Stanley last minute decided to increase the cash dividend? Or maybe due to sudden increase of ASP in locked in orders in the last few days, make him amend the QR notes to include them.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 19:17 |

Post removed.Why?

brian3381

1,888 posts

Posted by brian3381 > 2021-08-06 19:21 | Report Abuse

Pity tonefahai waterfishwil75 pjsiauliao. Hahaha

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 19:24 |

Post removed.Why?

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