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 14 hours ago

Posted by senake_i > 2021-09-08 21:55 | Report Abuse

lol

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-08 22:03 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-09-08 22:07 | Report Abuse

Yesterday Harta briefing had created havoc on the market prices of all glove makers today . Harta price dropped to 6.68 . This price minus the good dividends ( 17.7 s + 19.75 + 70 s ) is almost at the pre pandemic price . What is so shocking with the briefings ??? Is it because of the ASP dropping to stabilised state in CY Q1 2022 US 30 to 35 ? I read a latest IB report dated 8th Sept with the projections of consensus earnings in FY2022 at 3986 millions and FY 2023 of 1493 millions .
The FY 2020 pre pandemic earning was 434 millions .If we temporarily "forget " the huge extraordinary growth in FY 2021 and FY 2022, there is a 3.44 x growth of earnings from FY 2020 to FY 2023 . This is like 50 % growth per year or CAGR from FY 2020 to FY 2023 . This growth is even better than the growth before pandemic . Why panic as though it is end of the world . THe market has been BRAINWASHED so much that peoples stop thinking rationally .
Do we give same pricing to a stock which earn 3.44 x in three years from 2020 to 2023 while earning 7 billions in FY 2021 and FY 2022 ( between FY 2020 and FY 2023 ) ? These super earnings has enabled Harta to increase it capacity to more than double without borrowings and at the same time give a generous dividend of 60 % of the earnings . The semicon stocks would have easily double or triple the pricings with such performance .

niet

779 posts

Posted by niet > 2021-09-08 22:17 | Report Abuse

Moneymaker the IB reports most probably come out only come out TG earnings. I do not expect early especially with the rise of covid cases in the west.

niet

779 posts

Posted by niet > 2021-09-08 22:21 | Report Abuse

PJ Seow please mention the name of the IB. Why all the secrecy or is there a hidden agenda. All IB reports eventually make it to the public domain.

niet

779 posts

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

Tomorrow rebound.

niet

779 posts

Posted by niet > 2021-09-08 22:28 | Report Abuse

PJ Seow after careful reading you seem to support a bullish scenario for 2022. But the line where you "What is so shocking ...." is emotional and can be interpreted as bearish. Please make your writings easy to understand and brief. I give a benefit of doubt this time.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-08 22:38 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-08 22:48 |

Post removed.Why?

Jason85

652 posts

Posted by Jason85 > 2021-09-08 23:01 | Report Abuse

I buy.. And keep buy if drop.. Why not on a profitable company with dividend

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-08 23:04 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-08 23:13 | Report Abuse

https://www.ndtv.com/world-news/coronavirus-israel-coronavirus-cases-delta-surge-in-israel-shows-world-whats-coming-next-2533653

Israel's Covid Surge Shows The World What's Coming Next
Coronavirus: Israel that was once predicted to be the first to vaccinate its entire population had the highest per-capita caseload of anywhere in the week through September 4.

Israel, once a front-runner in the global race to move on from Covid-19, is now one of the world's biggest pandemic hot spots.
-------------------------------------------------------------

It's crazy that while we have a long way to go before the end of the pandemic will be in sight, yet we are now talking about the post pandemic scenario. I ve no doubt 2022 will witness the 4th wave sweeping thru the world which may be worse than the 3rd wave.

Posted by ThePowerOfGlove > 2021-09-08 23:32 | Report Abuse

Frankly speaking, I have to say that I'm not really convinced that current strategy being pursued by new cabinet (recycled old cabinet, actually) is the correct one.

Posted by ThePowerOfGlove > 2021-09-08 23:36 | Report Abuse

At least when Israel started their opening up strategy, they had already brought their daily cases down to couple hundred per day that time.

Posted by ThePowerOfGlove > 2021-09-08 23:37 | Report Abuse

But we in our our place are opening up at a time when daily cases are still running at nearly 20,000 per day.

It's completely absolutely bonkers, man.

Posted by supermax to the Moon! > 2021-09-08 23:40 | Report Abuse

start from tomorrow, i will ask my dad to buy supermax! #hatersgoingtohate remember me my name is supermax to the moon 8RM tp

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-08 23:44 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-08 23:45 |

Post removed.Why?

Posted by supermax to the Moon! > 2021-09-09 00:04 | Report Abuse

money makers i love you

AdCool

3,864 posts

Posted by AdCool > 2021-09-09 00:07 | Report Abuse

Totally agree. And that's y I am picking up the gloves happily. Hahaha. In short term, the shorties are winning but in long term, i would be happy to hold gloves. With 5-6 billion cash, can even buy the whole AirAsia since ppl loves it so much. Then start to produce AirAsia gloves. LOL


pjseow Yesterday Harta briefing had created havoc on the market prices of all glove makers today . Harta price dropped to 6.68 . This price minus the good dividends ( 17.7 s + 19.75 + 70 s ) is almost at the pre pandemic price . What is so shocking with the briefings ??? Is it because of the ASP dropping to stabilised state in CY Q1 2022 US 30 to 35 ? I read a latest IB report dated 8th Sept with the projections of consensus earnings in FY2022 at 3986 millions and FY 2023 of 1493 millions .
The FY 2020 pre pandemic earning was 434 millions .If we temporarily "forget " the huge extraordinary growth in FY 2021 and FY 2022, there is a 3.44 x growth of earnings from FY 2020 to FY 2023 . This is like 50 % growth per year or CAGR from FY 2020 to FY 2023 . This growth is even better than the growth before pandemic . Why panic as though it is end of the world . THe market has been BRAINWASHED so much that peoples stop thinking rationally .
Do we give same pricing to a stock which earn 3.44 x in three years from 2020 to 2023 while earning 7 billions in FY 2021 and FY 2022 ( between FY 2020 and FY 2023 ) ? These super earnings has enabled Harta to increase it capacity to more than double without borrowings and at the same time give a generous dividend of 60 % of the earnings . The semicon stocks would have easily double or triple the pricings with such performance .
08/09/2021 10:07 PM

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-09 00:24 | Report Abuse

COVID-19 cases among children reach a record-high of 250,000 in one week and kids account for more than A QUARTER of all infections as schools open for in-person learning across the US

The new case count is the highest total during the pandemic and 25% higher than the previous week

Children now account for 26% of active COVID-19 cases, also another pandemic-high

More than half of COVID-19 cases among children are in the U.S. South in states such as Florida and Texas

Schools have become hotspots for the virus only weeks into the school year, with more than 1,000 schools already closing

joyvest

10,533 posts

Posted by joyvest > 2021-09-09 00:27 |

Post removed.Why?

Posted by Erik Ooi > 2021-09-09 02:15 | Report Abuse

I am learning to practise Patience, to buy in batches, wait it out, find Entry, ready Bullets and Values. We need to thank shorties giving chances to small time buyer like me to buy 10 - 20 lots. Hope to learn more from our Sifus here.

Posted by Start_0f_the_bull > 2021-09-09 04:56 | Report Abuse

While IBs and analysts are talking about ASP declining, overwhelming new players on board, and whatnot, they choose to ignore gloves players have accumulated large amount of cash in the past one and a half years, Delta outbreak is continuing around the world, new gloves demand from developing countries such as Africa continent and even Papua New Guinea are being ignored.
Covid-19 is a century long pandemic. It is not a short pandemic like swine flu, SARs or H1N1.
It is a very sad thing for mankind including me having to endeavour over all this suffering.

dompeilee

11,888 posts

Posted by dompeilee > 2021-09-09 07:27 | Report Abuse

niet Dompeilee tomorrow it will open at 2.95 guaranteed by Bursa Malaysia. This is a price adjustment after dividend. This is also you do not know but want to give price advice.
08/09/2021 8:55 PM

2.95 is merely a 'reference price'. It can open trading @ any price it d@mn well wishes, subject of course to limit up & limit down boundaries. THIS you don't even know lol

niet

779 posts

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

Dompeilee, you about talk any price then apply limitations. Please do not mislead. The proof is in the pudding. Lets see at what price it opens at.

niet

779 posts

Posted by niet > 2021-09-09 08:40 | Report Abuse

By the way Dompeilee my broker has designated the price of my supermx share as LACP=2.95
LACP means last adjusted closing price

myinvestor

1,218 posts

Posted by myinvestor > 2021-09-09 08:51 | Report Abuse

Biden’s top trade adviser, US Trade Representative Katherine Tai, has been vocal about what she describes as China’s “coercive and unfair trade practices”.
The tariff exemptions on the medical goods and personal protective equipment are set to expire on September 30. Trump put the exemptions in place after the pandemic began to spread wildly in the US.
US may

US might install back the tariff on China medical goods and protective equipment after September 30.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-09 08:57 | Report Abuse

Taipei, Sept. 8 (CNA) Taiwan on Wednesday reported nine new COVID-19 cases -- seven transmitted domestically and two contracted overseas -- and zero deaths from the disease, according to the Central Epidemic Command Center (CECC).

All seven domestic cases were reported in New Taipei, the CECC said.

The nine new cases bring the total in Taiwan to 16,056, of which 14,393 are domestic infections reported since May 15, when the country first recorded more than 100 COVID-19 cases in a single day.

goody99

1,814 posts

Posted by goody99 > 2021-09-09 08:58 | Report Abuse

not surprising if people sell today after getting their dividend...

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-09 08:59 | Report Abuse

Price reset now to 2.95....RM3 base broken....

niet

779 posts

Posted by niet > 2021-09-09 09:01 | Report Abuse

Dompeilee you are right. Thank you for info.

ket4212

618 posts

Posted by ket4212 > 2021-09-09 09:02 | Report Abuse

2.84

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-09 09:02 | Report Abuse

And like usual, over corrects and open below the adjusted price....

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:05 | Report Abuse

I PROCLAIM THE END OF THE SHORT ASSES!!

Posted by HarryBodoh > 2021-09-09 09:05 | Report Abuse

Dead

ket4212

618 posts

Posted by ket4212 > 2021-09-09 09:06 | Report Abuse

还没可以买进还会再跌!

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-09 09:12 | Report Abuse

Seem like a lot of shareholders very excited & happy for today ex-dividend...

So what to you feel today !!!...



wkwkwk...kekeke...hehehe...

planta

269 posts

Posted by planta > 2021-09-09 09:12 | Report Abuse

Waiting to buy in again

Youngkid

298 posts

Posted by Youngkid > 2021-09-09 09:15 | Report Abuse

Cheap2, strong buy

danny1234

83 posts

Posted by danny1234 > 2021-09-09 09:19 |

Post removed.Why?

myinvestor

1,218 posts

Posted by myinvestor > 2021-09-09 09:20 | Report Abuse

The younger Kuan seem to be inexperience when briefing the gloves business to the press. Especially the important business briefing must provide important data when talk about ASP, competitors. He seem lacking in all aspects. TG director Lim is different more experience and provided a detailed information with charts of company growth on gloves business. BC young Kuan of poor briefing this has affected the downgrade of company shares and also other glove stocks.

Anaconder

1,031 posts

Posted by Anaconder > 2021-09-09 09:23 | Report Abuse

With current price , PE less than 2 , super cheap, therefore close eyes , Sapu lah!

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-09-09 09:23 | Report Abuse

Today limit up

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-09 09:24 | Report Abuse

Yup...everyday is "Skim cepat kaya"...

Adui...

Kesian...




Posted by Bullrunrun > Sep 9, 2021 9:23 AM | Report Abuse

Today limit up

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:25 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:26 |

Post removed.Why?

Timercheng

733 posts

Posted by Timercheng > 2021-09-09 09:27 | Report Abuse

Today down could be the last bottom, hence strong buy if got bullets

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:28 | Report Abuse

Yes timercheng, today is last bottom. Lets Bottoms UP!!!

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-09 09:29 | Report Abuse

The dividend curse resumes ... @FairTalk ~ how, picture framed your 2nd dividend nicely ? Hahaha

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