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 19 hours ago

niet

779 posts

Posted by niet > 2021-09-06 10:57 | Report Abuse

Love making profit from dividend

glovefinish

2,070 posts

Posted by glovefinish > 2021-09-06 11:01 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:03 |

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Posted by iamnotinvestor > 2021-09-06 11:07 | Report Abuse

Doggie, pls bark harder, I am waiting to collect more! Pls press below 3 even better. TQ very much. Amin

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:09 |

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Posted by iamnotinvestor > 2021-09-06 11:10 | Report Abuse

Ya, we face this happily n collecting dividend happily. You have any problems with that?

niet

779 posts

Posted by niet > 2021-09-06 11:11 | Report Abuse

Short seller quite brave selling at 3.14. Volume short sell so far 252400. So most probably short selled about 14000 shares at 3.14.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:12 |

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Posted by iamnotinvestor > 2021-09-06 11:13 | Report Abuse

Time will show you the true colour. Just wait and see for yourself and don't chicken out.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:14 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:14 |

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niet

779 posts

Posted by niet > 2021-09-06 11:15 | Report Abuse

Now short selling at 3.15 about 8000 shares. total ss so far 260700

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-06 11:16 | Report Abuse

Covid cases rise 11% in a week to 37,011 while deaths jump by a tenth as UK records another 68 victims

Britain recorded 37,011 new daily COVID-19 cases on Sunday, marking an 11 per cent rise on cases since last week.

There were 68 deaths within 28 days of a positive coronavirus test reported, also a rise of 11 per cent which brings the national total to 133,229.

Posted by munfatt2000 > 2021-09-06 11:17 | Report Abuse

good dividend, happy to collect good yield dividend

pjseow

2,264 posts

Posted by pjseow > 2021-09-06 11:20 | Report Abuse

FairTalk , based on the balance of 631 millions deposits as at end June , there is still a balance old orders of about 2868 millions with high ASP of above US 80 . There was a drop of 413 millions deposit from 1044 millions in last qtr . I supposed the 1875 million revenue last qtr was mainly from the old orders with spot sales dropped to 5 % . THe 2868 millions old orders can cover the revenue of this qtr 100 % and the balance spill over to next qtr .With the MCO 60 % workforce , we can roughly estimate that the PAT for the coming 2 qtrs will be 1600 millions . The following will be the estimated cash in hand assuming supermx announce another 15 sen each dividend for the next 2 qtrs .


Balance cash as at 30th June 3.78 billions
minus dividends ( total 45 sen) 1.22 billions
minus expenses for capacity exp 0.28 billion
minus deposits 0.63 billiom

add earnings from next 2 qtrs 1.6 billions

Balance cash 3.25 billions

Note : I used a total of 45 sen of dividends by assuming 3 dividends at 15 sen each including the coming dividend which will be paid end of the month . I also assume that the deposits will be zero after supermx deliver all the old orders with deposits . I supposed no more deposits will be collected since the lead time has come down and spot price is lower than contractual prices.
I also assume the average capacity expansion payment of 140 millions per qtr ( 1.39 billions paid over 10 qtrs ) .
There is a possibility that the final dividend ( usually announced in end Oct or early Nov) will be in the form of treasury shares . If this is the case , we can add back 408 billions to the balance cash piles making it to 3.66 billions .

FairTalk , this is the best I can project and estimate .

glovefinish

2,070 posts

Posted by glovefinish > 2021-09-06 11:21 |

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Posted by iamnotinvestor > 2021-09-06 11:25 | Report Abuse

Doggie keep barking and more genuine value investors keep buying in happily collecting. Guess what? Short of tickets availability for shorties becoming a concern now. Show is about to start. Let's enjoy together.

glovefinish

2,070 posts

Posted by glovefinish > 2021-09-06 11:26 |

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xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-09-06 11:28 |

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xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-09-06 11:29 |

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glovefinish

2,070 posts

Posted by glovefinish > 2021-09-06 11:29 |

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Stealth

577 posts

Posted by Stealth > 2021-09-06 11:34 | Report Abuse

The time will come when we'll be laughing, dancing and singing all the way to the bank!!!!! HAHAHA!!

Posted by Jonathan Keung > 2021-09-06 11:38 | Report Abuse

Is glove counters good or bad counters ? Depends on what's your entry price

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-09-06 11:39 |

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Posted by investmalaysia777 > 2021-09-06 11:40 |

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Posted by iamnotinvestor > 2021-09-06 11:41 | Report Abuse

Wait till shorties closed all short position only to conclude profit or lost. Time will present to you whether you are right or wrong. Not now as per what you claim as huge profits but just on paper gain!

Posted by iamnotinvestor > 2021-09-06 11:48 | Report Abuse

Yes, we will be laughing to the bank on September 30th. Enjoy amin

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:49 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:50 |

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Posted by iamnotinvestor > 2021-09-06 11:53 | Report Abuse

Ha. Ha ha now I know ya

Posted by iamnotinvestor > 2021-09-06 11:53 | Report Abuse

Come on be happy.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:54 |

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Posted by investmalaysia777 > 2021-09-06 11:54 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:56 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:56 |

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Posted by iamnotinvestor > 2021-09-06 11:56 | Report Abuse

Good doggie, TQ I enjoy very much.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 11:59 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 12:00 |

Post removed.Why?

Posted by investmalaysia777 > 2021-09-06 12:01 |

Post removed.Why?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 12:02 |

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Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-06 12:08 |

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jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-06 12:12 | Report Abuse

Not moving. Have to decide by 8/9....keep or sell....as on 9/9 it will open 15sen lower....what to do??

Posted by habissglove > 2021-09-06 12:15 |

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Posted by investmalaysia777 > 2021-09-06 12:17 |

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Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-09-06 12:18 |

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Posted by investmalaysia777 > 2021-09-06 12:19 |

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jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-06 12:22 | Report Abuse

investmalaysia777 Dividend is deductible from share price. What is it to laugh unless you bought below RM1 la. your paper loss will add another 15cents

_------------------

No lah. You get 15sen dividend, so it's neutral after the 15sen drop on the 9/9....the worry is, often it drops more than 15sen after dividend....

Posted by shareinvestor888 > 2021-09-06 12:28 | Report Abuse

When is dividend payment date? Abit worried

Posted by investmalaysia777 > 2021-09-06 12:29 |

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Posted by shareinvestor888 > 2021-09-06 12:40 | Report Abuse

Worried about share prices after dividend is paid

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