SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.845

Today's Change

-0.005 (0.59%)

Day's Change

0.835 - 0.85

Trading Volume

1,241,000


100 people like this.

222,689 comment(s). Last comment by mf 1 day ago

Stealth

577 posts

Posted by Stealth > 2021-08-27 11:23 | Report Abuse

mak kia they were looking at future profit from its higher price of rm11/ lah. ALL NEGATIVITES PRICEd IN FROM THEN. THATS WHY PRICE HAS NOW DROPPED TO RM3/- LOOKING AT FUTURE PROFIT FROM NOW, SUPERMAX IS GROSSLY UNDERVALUED!!

stevenckheng

1,348 posts

Posted by stevenckheng > 2021-08-27 11:23 | Report Abuse

it seems like no more banker issuing warrant for glove sector

Stealth

577 posts

Posted by Stealth > 2021-08-27 11:31 | Report Abuse

WARRANTS TOO WAS ANOTHER REASON FOR IBs TO GIVE NEGATIVE REPORTS AND PRESS DOWN PRICES

glovefinish

2,070 posts

Posted by glovefinish > 2021-08-27 11:34 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-08-27 11:36 | Report Abuse

Its clearing contra payers now.

Jack Khan

1,296 posts

Posted by Jack Khan > 2021-08-27 11:39 | Report Abuse

All share also go up and everyone happy OK bo?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-27 11:40 | Report Abuse

Azmin Ali reappointed MITI minister and all glove factories can operate 100% capacity as all workers already fully vaccinated

Stealth

577 posts

Posted by Stealth > 2021-08-27 11:41 | Report Abuse

YES, BETTER ALL GO UP AND CONFIDENCE WILL COME BACK MORE STRONGLY!!!!

idunwork

431 posts

Posted by idunwork > 2021-08-27 11:58 | Report Abuse

Loosing steam

Ryan83

1,835 posts

Posted by Ryan83 > 2021-08-27 11:59 | Report Abuse

Tengku Zafrul reappointed Finance Minister good news for top 4 glove companies no windfal tax

Posted by Benhobenhobenho > 2021-08-27 12:20 | Report Abuse

@ryan83 No more an issue la. Old story already

Posted by neouslaughter > 2021-08-27 12:24 | Report Abuse

1 day show

ket4212

618 posts

Posted by ket4212 > 2021-08-27 12:29 | Report Abuse

1 day goreng

pjseow

2,264 posts

Posted by pjseow > 2021-08-27 12:37 | Report Abuse

Glovefinish, It is precisely this type of stupxxd comment from you that tried to bluff and lie to the ignorant investors that cause them to sell at very low prices. Who say a shareholder do not own the cash piles ? Where does the dividend come from ? A share holder own all the assets and liabilities of the company based on.the proportion of shares he or she own . Please dont stood so low to earn your living by giving wrong information to shareholders.n

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Company with huge profit and cash rich, so what? The company cash piles not yours that u can't own and can't spend it. Company cash rich can't stimulate the stock price bcoz it's not the main factor to be considered by most investors and funds who are more concern and focus on its future profit growth and its profit sustainability in future.

air01557

2,511 posts

Posted by air01557 > 2021-08-27 12:40 | Report Abuse

This growth stock is set for a strong rebound soon. Get invested now.

Posted by habisglovee > 2021-08-27 12:42 |

Post removed.Why?

glovefinish

2,070 posts

Posted by glovefinish > 2021-08-27 12:45 |

Post removed.Why?

glovefinish

2,070 posts

Posted by glovefinish > 2021-08-27 12:49 |

Post removed.Why?

glovefinish

2,070 posts

Posted by glovefinish > 2021-08-27 12:53 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-08-27 12:59 | Report Abuse

Glovefinish, Minority shareholders cannot take out money from the company but major share holders can ? Where you get such information ? No one can take out any money for own use. Only through dividend distributions that all share holders are entitled to get money from the company. This include major shareholders like Stanley and other local or foreign institutions.
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glovefinish Remember u are only the minor stock holder not the major one and not the boss just very very little only, what u can influence the company decision making?
27/08/2021 12:49 PM

Stealth

577 posts

Posted by Stealth > 2021-08-27 13:07 |

Post removed.Why?

Sales

3,272 posts

Posted by Sales > 2021-08-27 13:07 | Report Abuse

How come didn't hear from Mabel, are you going to have Lobster dinner?

Stealth

577 posts

Posted by Stealth > 2021-08-27 13:08 | Report Abuse

Shaking off contra players. Monday Merdeka!!

Stealth

577 posts

Posted by Stealth > 2021-08-27 13:10 | Report Abuse

Strong upper low movement in Harta and Topglove!! Others will follow eventually!

Posted by habisgl0v3 > 2021-08-27 13:14 |

Post removed.Why?

Sogbashen

608 posts

Posted by Sogbashen > 2021-08-27 13:19 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-08-27 13:21 | Report Abuse

With few more qtrs of rm1b pat, you can't go wrong at current price!!

Posted by gentingfinish > 2021-08-27 13:24 | Report Abuse

Profit June 2021 Qtr:
Kossan rm1.06 billion
Supermax rm0.96 billion

Market Capitalisation 26 August:
Kossan rm7.88 billion
Supermax rm8.38 billion

Kossan higher profit than supermax without so called 'OBM' but has lower market capitalisation compared to supermax. Buy undervalued company not overvalued

Stealth

577 posts

Posted by Stealth > 2021-08-27 13:32 | Report Abuse

gentingfinish, i do not have the figures, but from the quantity of gloves sold, one would know the obm impact on profit.

Ibelieve

1,429 posts

Posted by Ibelieve > 2021-08-27 13:45 | Report Abuse

Don't need so many layman's opinion, see page above, Kenanga gave new TP RM5.00, higer than BIMB TP in July

Jack Khan

1,296 posts

Posted by Jack Khan > 2021-08-27 13:47 | Report Abuse

All Top 4 are undervalue now no doubt! it is just matter of time when they goreng news about longer pandemic and 4th Wave in US! I already get in after few month on the sideline! Weather is getting cold in US and they have less Sun now! Biden getting sicker with bad mood Old man problem just like Tun M!
Probability the ASP stay high for longer time is very very high as the US Vaccine low effect on Delta variant!

At this rate another year of Profit already cover the cost of the share value currently! It is better than tech stock which promise future earning but not guarantee

pjseow

2,264 posts

Posted by pjseow > 2021-08-27 13:47 | Report Abuse

-Supermx , Topglove , Harta and Kossan are paying more than 1 b each for FY 21. Total taxes could be more than 6 b . This is.more than 10 x of what these 4 glove makers paid in.FY 2019 pre pandemic. A 10 x windfall for the government . Not enough ?
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Sogbashen A lot of investor saying that there will be tax for gamble like genm. But the chances for gamble tax is so low compare to windfall tax on glove. Glove earn so many, should really pay higher tax while other recovery company the government will help them until they able to operate steadily and normal
27/08/2021 1:19 PM

Stealth

577 posts

Posted by Stealth > 2021-08-27 14:06 | Report Abuse

Don't invest in mooncake business? This mooncake festival has been goin on for a year now and is still going on for many more moons to come!!

Posted by Benhobenhobenho > 2021-08-27 14:08 | Report Abuse

Why bring up the tax issue again n again when it is no more an issue. Are there no other better things to talk about?

Posted by kamirise360 > 2021-08-27 14:15 | Report Abuse

After a while, today is a green day for gloves.

Many counters pricing up .

Is it a good sign?

wolfbroker

537 posts

Posted by wolfbroker > 2021-08-27 14:22 | Report Abuse

Glove companies love Zafrul and Azmin.

No windfall tax
No limitations on working permits

Hahaha

Posted by Ryan83 > Aug 27, 2021 11:59 AM | Report Abuse

Tengku Zafrul reappointed Finance Minister good news for top 4 glove companies no windfal tax

pjseow

2,264 posts

Posted by pjseow > 2021-08-27 14:52 | Report Abuse

Stealth, this supermoon cakes business make 125 millions in FY2019 , 526 millions in FY 2020 and 3888 millions in FY 2021. It looks like peoples eat more mooncakes during pandemics.

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Stealth Don't invest in mooncake business? This mooncake festival has been goin on for a year now and is still going on for many more moons to come!!
27/08/2021 2:06 PM

Stealth

577 posts

Posted by Stealth > 2021-08-27 15:16 | Report Abuse

Pjseow, after september mooncakes will cost much much more,And come december prices will fly to the moon!! hahaha

Stealth

577 posts

Posted by Stealth > 2021-08-27 15:34 | Report Abuse

Kenanga's rm5/- 2nd pit stop!!

FairTalk

376 posts

Posted by FairTalk > 2021-08-27 15:46 | Report Abuse

Congratulations to all shareholders once again Supermax has rewarded the shareholders with a very high dividend payout of 15 sen. It is very much lucrative that the interest earned from Bank Fixed Deposit.

Posted by Glovefinished > 2021-08-27 15:56 |

Post removed.Why?

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-08-27 15:56 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-08-27 15:58 |

Post removed.Why?

sujibaby

153 posts

Posted by sujibaby > 2021-08-27 16:01 | Report Abuse

Gloomy friday indeed

Stealth

577 posts

Posted by Stealth > 2021-08-27 16:04 | Report Abuse

Harta is leading the pack!! And the rest will follow!!

Stealth

577 posts

Posted by Stealth > 2021-08-27 16:07 | Report Abuse

Pjseow, hope to see the 3 soldiers again by wednesday,

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-08-27 16:27 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-08-27 16:29 | Report Abuse

EARLY MERDEKA FOR US??

Stealth

577 posts

Posted by Stealth > 2021-08-27 16:31 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-08-27 16:43 | Report Abuse

Stealth, haha. you can still remember my 3 green soldiers. The last time they came in mid July . There were the shorter soldiers but still manage to march up to 3.75 . Hope this time the taller Angmo soldiers will come next week . One tall one already here today.

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Stealth Pjseow, hope to see the 3 soldiers again by wednesday,
27/08/2021 4:07 PM

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