SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.855

Today's Change

+0.01 (1.18%)

Day's Change

0.84 - 0.86

Trading Volume

3,027,000


100 people like this.

222,691 comment(s). Last comment by 5231428 48 minutes ago

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 16:07 | Report Abuse

I think the shortist are probably stunned by that aggressive buy.

Stealth

577 posts

Posted by Stealth > 2021-08-13 16:12 | Report Abuse

shortist buy and sell to themselves

pang72

51,491 posts

Posted by pang72 > 2021-08-13 16:14 | Report Abuse

I don't like covid cases the rise but buying glove stock is purely to support glove company to fight for covid!!

COMPLETELY HOPELESS FOR OUR GOMEN! WE NEED HELP FROM PRIVATE COMPANY

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 16:15 | Report Abuse

yup Stealth , that's a possibility, although there are many IB's fighting each other at the same time. There are not necessarily in the same team.

MoneyMakers

7,651 posts

Posted by MoneyMakers > 2021-08-13 16:16 |

Post removed.Why?

MoneyMakers

7,651 posts

Posted by MoneyMakers > 2021-08-13 16:17 |

Post removed.Why?

Billboard

150 posts

Posted by Billboard > 2021-08-13 16:21 | Report Abuse

Sm21 when invest moderate lots no harm inform before dispose but oldm buys in million lots can only inform after action taken

Stealth

577 posts

Posted by Stealth > 2021-08-13 16:23 | Report Abuse

maybe so tonee

Posted by nataliekoo > 2021-08-13 16:47 | Report Abuse

No worries, limit up soon !!!

Come

1,146 posts

Posted by Come > 2021-08-13 16:58 | Report Abuse

From 12 to 3... omg...

Posted by Benhobenhobenho > 2021-08-13 17:00 | Report Abuse

When everyone lost interest n hope in this counter, that's the time u should watch out for. Price will shoot up after this happen base on my past years of experience

merck

996 posts

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

QR shld be minimum 700m. Make up PAT 3.5B for this year.

merck

996 posts

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

Because I know an insider who selling teh ice in their workers canteen

Posted by Extraordinary88 > 2021-08-13 17:13 | Report Abuse

From 3 to 13
Wat go down will go up in early morning
As always and its norm
Unless its not

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 17:20 | Report Abuse

https://klse.i3investor.com/blogs/hhe/2021-08-11-story-h1569706908-CLSA_Fengshui_Says_Stocks_to_Tumble_from_Mid_August_2021_Onwards.jsp

The Dow Jones are near all time high. This is highly unusual given the economy goes to the opposite direction. There are too much money on the table to desperately chase for yield. Inevitably, the triggering of bubble popping can take place anytime from now.

Below are the essence of CLSA Feng Sui Prediction for 2021. If you believe it, then sell all the stocks by mid-August 2021 and buy back in End-October 2021. The money is yours. Buy, keep or sell the choice is at your hand.

If you don't believe it, then do whatever you want. Good luck.
------------------------------------------------
Listen to this guy, DJ is gonna come crashing down. Most recovery stocks will be affected.
However glove is gonna shine as safe haven and good hedge.

AdCool

3,864 posts

Posted by AdCool > 2021-08-13 17:22 | Report Abuse

RM800 mil profit is within expectation. anything below is under expectation and the IBs would bash supermax kaw kaw.

merck QR shld be minimum 700m. Make up PAT 3.5B for this year.
13/08/2021 5:08 PM

rr1688

3,170 posts

Posted by rr1688 > 2021-08-13 17:26 | Report Abuse

when people are fearful...smart people become greedy...

Posted by kamirise360 > 2021-08-13 17:32 | Report Abuse

What experience?

Supermax had the same poor performance from last weekss

If want to buy glove counter, better follow Kossan or Harta

Even TG also is lousy now

Posted by Benhobenhobenho > Aug 13, 2021 5:00 PM | Report Abuse

When everyone lost interest n hope in this counter, that's the time u should watch out for. Price will shoot up after this happen base on my past years of experience

MoneyMakers

7,651 posts

Posted by MoneyMakers > 2021-08-13 17:39 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-08-13 17:42 | Report Abuse

I was expecting QR out by today

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 17:51 | Report Abuse

No worries Benho3X, I think Stanley got his plans. I got a feeling there will be a surprise coming.

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-08-13 17:56 | Report Abuse

Still no QR?

Posted by Steventeh99 > 2021-08-13 18:00 | Report Abuse

QR might not as ideal as last two QR

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 18:05 | Report Abuse

Daily cases and death are surging higher world wide. We may be seeing a new high of ard >750k by tmr morning

upshare

3,239 posts

Posted by upshare > 2021-08-13 18:07 | Report Abuse

The suprise is no have suprise

pjseow

2,264 posts

Posted by pjseow > 2021-08-13 18:12 | Report Abuse

MM ah, why so impatient ? Already told you earlier that early or late release of QR has nothing to do with the result . Topglove. release very early last QR but QOQ result not very good. You look at comfort , Last QR was released on 21 st but excellent QOQ with 60 % higher profit. When company make more profit , need more time to count mah. If no profit or make losses , can release earlier because got nothing to count mah.
You dont own.any supermx share., just relax lah. Go and chit chat with CTDL 666 if you are too free.

------------------------------//-----------
MoneyMakers Whole week delay QR..make losses or what..soo scared to release
13/08/2021 5:39 PM

IronShirt

3,178 posts

Posted by IronShirt > 2021-08-13 18:17 | Report Abuse

if my memory is correct, some where in England ( a state ) "last year" infection Rate is 40,000 /
day and Death was 2000--3000 { today infection was 21,400 And Death is 277 }
Is there a WRONG Tally....MayBe Malaysian has stronger immune system than British

IronShirt

3,178 posts

Posted by IronShirt > 2021-08-13 18:19 | Report Abuse

You must also take into consideration Delta Variant is 6X more infectious than Ori. Covid

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 18:20 | Report Abuse

aiyah pjseow, that guy is kan chong bcos he is worried abt losing his little weenie. Probably, he has been having sleepless nights, that's why so kan chong. Whereas those of us holding stacks of shares are so blase about it. Anyway I got a feeling that, the management could be waiting for some official good news on certain contracts or deals, that's why there's a bit of delay.

IronShirt

3,178 posts

Posted by IronShirt > 2021-08-13 18:31 | Report Abuse

my bet Qr. results Out 30 Aug bcos 31 Aug is a Holiday

Posted by Steventeh99 > 2021-08-13 18:43 | Report Abuse

Prepared bullets to collect at Rm2. Hopefully won't drop below this price again.

pjseow

2,264 posts

Posted by pjseow > 2021-08-13 19:15 | Report Abuse

Tonee, This is the most detailed Analyst briefing by supermx management last year. It contain a lot of information about the change of its business model , ASP s , capacity expansion and others.


--------------------

https://drive.google.com/file/d/16NsdaIhBI3108xjFDYwIhPGJX-7Qlyl4/view?usp=drivesdk

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 21:00 | Report Abuse

https://www.channelnewsasia.com/commentary/siti-sarah-death-pregnant-malaysian-singer-celebrity-covid-2108281?cid=FBcna

Is singer Siti Sarah’s death changing Malaysian attitudes towards COVID-19?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-08-13 21:21 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-08-13 21:41 | Report Abuse

From careplus QR we can expect SP PAT should be around 850mil.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-08-13 23:03 | Report Abuse

+75mil

JovaneChua

503 posts

Posted by JovaneChua > 2021-08-13 23:13 | Report Abuse

Value investing is finally back.

pjseow

2,264 posts

Posted by pjseow > 2021-08-13 23:28 | Report Abuse

Why follow Careplus but not Harta or Kossan ?
Careplus is so.much smaller than Supermx, Harta and Kossan. The 3 are in.the same league with billion profit per qtr . Any reason why choose careplus to be similar to supermx ?
------------------------------------------------
monetary From careplus QR we can expect SP PAT should be around 850mil.
13/08/2021 9:41 PM

Geek2020

970 posts

Posted by Geek2020 > 2021-08-14 00:31 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-08-14 07:18 | Report Abuse

pjsiew. very obvious Harta & Kossan asp peaked in the most recent Q2. careplus asp peaks in Q1. SP alrdy mentioned it's asp peaked in Q1. So it's more appropriate to peg SP coming result to careplus. No?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-14 08:26 |

Post removed.Why?

myinvestor

1,219 posts

Posted by myinvestor > 2021-08-14 08:36 | Report Abuse

OBM booster business model. OBM 48b capacity the ROE is as good as 100b capacity of OEM.

https://www.sharetisfy.com/2020/08/supermax-obm-x-revaluation-imminent.html

UPlanet

1,450 posts

Posted by UPlanet > 2021-08-14 09:00 | Report Abuse

Wow, world 715k, US 152k, UK 32k. Sigh

pjseow

2,264 posts

Posted by pjseow > 2021-08-14 09:21 | Report Abuse

Monetary, below is the extract of BIMB report on last QR. I interpret that ASP s of April to June was US 110 to 80 with an average of 95 whereas the average of Jan/Feb/March was 87.
The.ASPs was still moving up from Jan.to March and continue to go higher in.April touching the 110 and then coming down.in.May.and June
Both Kossan and Harta ASPs peaked in.last.qtr. I supposed supermx ASPs also peak in.last.Qtr.

----------------------------------------------
ASP have reach a peak in the March quarter.
Supermax’s ASP starting to see a drop in 2Q2021 which is earlier than our expectation in 2H2021.
Blended ASP still rose in 3QFY21 = Jan: USD84.61 (+1.3% mom), Feb: USD87.65 (+3.6% mom), March: USD89.2 (+1.7% mom).
Going forward, nitrile ASP (factory level) for April - June is about USD80-110, while July onward deteriorating to about USD70

skyu

2,497 posts

Posted by skyu > 2021-08-14 10:49 | Report Abuse

day and night argue massacre or bloodbath or asp. bunch if jokers, come on, speak or no peak , the glove demand will increase year by year , with covid with long way to go, u need much higher gloves could with biodegradable gloves reasoning.

this forum is tarnished by some of the terrible forummer and polluted by some day and night shout buy gloves jokers.

Stealth

577 posts

Posted by Stealth > 2021-08-14 11:02 | Report Abuse

Good morning all!! My investor, thank you for sharing a very informative article!!

Citadel12

1,045 posts

Posted by Citadel12 > 2021-08-14 11:15 |

Post removed.Why?

glovefinish

2,070 posts

Posted by glovefinish > 2021-08-14 11:25 |

Post removed.Why?

glovefinish

2,070 posts

Posted by glovefinish > 2021-08-14 11:31 |

Post removed.Why?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-08-14 11:36 |

Post removed.Why?

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