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 13 hours ago

MoneyMakers

7,647 posts

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

Walao early morning alrdy soo many fake topup announcement..everyday nonstop

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 09:29 |

Post removed.Why?

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:35 |

Post removed.Why?

Posted by jackpot8888 > 2021-09-09 09:37 | Report Abuse

Kenanga TP RM5?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-09 09:38 | Report Abuse

Shareholders fighting themselves lol rare sight

Posted by Start_0f_the_bull > 2021-09-09 09:39 | Report Abuse

The shorties are too much.
They think the major shareholders will allow this to continue without limit.
Expect the shorties to bite the dust if they continue to short it to the oblivion.

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:40 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-09 09:43 | Report Abuse

Paperloss only ma no need la curse h k c ... shareholders must be united no? How to shirt squeeze like that

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:44 |

Post removed.Why?

Posted by Habisgl0v333 > 2021-09-09 09:44 | Report Abuse

Everyday glove lovers always say this is the bottom but theres always new bottom the other day

tah16600

2,646 posts

Posted by tah16600 > 2021-09-09 09:45 | Report Abuse

Thanks operators for selling so cheap

Stealth

577 posts

Posted by Stealth > 2021-09-09 09:48 | Report Abuse

We will soon be laughing, dancing and singing all the way to the BANK!!!

Rockers

249 posts

Posted by Rockers > 2021-09-09 09:50 | Report Abuse

Buy n keep for 6 months , I think Rm 4 should not be a problem

ket4212

618 posts

Posted by ket4212 > 2021-09-09 09:53 | Report Abuse

6 month not enough need 2or3 year long time

dompeilee

11,888 posts

Posted by dompeilee > 2021-09-09 09:54 | Report Abuse

niet 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.
09/09/2021 8:14 AM

Opening price was 2.88. If u had bet with me, you would hv LOST BIG already LOL

Sansing

1,028 posts

Posted by Sansing > 2021-09-09 09:56 | Report Abuse

Ayoyo! selling so cheap, JP Morgan n Uncle KYY, now happily accumulating

LossAversion

1,727 posts

Posted by LossAversion > 2021-09-09 09:57 | Report Abuse

Under RM3, sapu-sapu bersih

Sansing

1,028 posts

Posted by Sansing > 2021-09-09 10:00 | Report Abuse

At this price , I believe operators selling at a loss

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 10:02 | Report Abuse

In 6 months, ASP/profit normalise..price 1.5 alrdy

Sansing

1,028 posts

Posted by Sansing > 2021-09-09 10:05 | Report Abuse

Today drop is just overdone

Posted by AlsvinChangan > 2021-09-09 10:08 | Report Abuse

IS JPM alone to blame for the severely mispricing of gloves counters

ONLY a few privilege PO gang are allowed to RSS, retails are denied and left to their own fate

WHERE the level playing field?

OOHHH YA KEH?

NANTI SOLAT dulu we think about it later

IT is unfair but reasonable for retail to suffer huge losses

RockerArm

546 posts

Posted by RockerArm > 2021-09-09 10:09 | Report Abuse

If buy now , in 2 yrs times u can laugh all the ways to Bank

rchi

20,946 posts

Posted by rchi > 2021-09-09 10:13 | Report Abuse

Kesian.Kesian.Ppl with good intentions calling sell are taken as anti gloves.This price is the mkt verdict.

Investoz88

545 posts

Posted by Investoz88 > 2021-09-09 10:14 | Report Abuse

COVID-19 surge in the US: The summer of hope ends in gloom..
USA reported 158k cases
India 43k cases
UK 39k cases
Germany 14.8k cases
France 12.8k cases
Japan 10.6k cases
Malaysia 19.7k cases

ACTIVE cases are at record high.. its sad but truth.
Hospitals are filled with Covid patients
Gloves and PPE are needed to fight Covid war
Glove companies oversold.. its also true.

rchi

20,946 posts

Posted by rchi > 2021-09-09 10:15 | Report Abuse

All these cases so what.Market is forward looking,not backward looking.

unomi12

342 posts

Posted by unomi12 > 2021-09-09 10:16 | Report Abuse

better dont touch, too many glove producer in the market, especially china is ramping up is production.

People forget before this pandemic , glove ASP and its profit is just marginal.
With the new chinese player coming in soon. Eventually it will go back to the normal ASP or even lower

This same goes to face mask, once the supply meets the demand , prices will go down....

RockerArm

546 posts

Posted by RockerArm > 2021-09-09 10:17 | Report Abuse

It is ridiculous ,net profit abt RM 4B /yr selling at this current price

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-09 10:18 | Report Abuse

Where's the retailersunitedFC spirit ... no oomph ... fight jpm/bursabets seems like a fairytale

Geek2020

970 posts

Posted by Geek2020 > 2021-09-09 10:20 | Report Abuse

Those who bought at higher levels, all the best but at this point, it is safe to accumulate.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-09 10:22 | Report Abuse

ASP normalize PE will return back 10-15 no more PE less than 2-3

Anaconder

1,031 posts

Posted by Anaconder > 2021-09-09 10:23 | Report Abuse

Supermx is a cash cow company, so I think Bonus is coming soon, I advocate a strong bull

Posted by AlsvinChangan > 2021-09-09 10:23 | Report Abuse

New glove factory ?
Can cost be on par or lower than mature glove producers?

mature glove producers likely their machine costs fully depreciated

Posted by risktoreward > 2021-09-09 10:24 | Report Abuse

Normally after dividend go down abit more, then stabilise, it’s ok to hold guys

JovaneChua

503 posts

Posted by JovaneChua > 2021-09-09 10:26 | Report Abuse

PAOS got chance

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-09 10:26 | Report Abuse

Sekiranay macam ini kata...

This stock akan balik 2017 /2018 pricing level !!!...





Posted by Ryan83 > Sep 9, 2021 10:22 AM | Report Abuse

ASP normalize PE will return back 10-15 no more PE less than 2-3

JovaneChua

503 posts

Posted by JovaneChua > 2021-09-09 10:27 | Report Abuse

PAOS morning got chance only. last hint for all.

Stealth

577 posts

Posted by Stealth > 2021-09-09 10:27 | Report Abuse

When most are in despair, THAT'S THE TIME!!! AND LOOKS LIKE IT IS NOW!!

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 10:29 | Report Abuse

US cases/hosp/death not even close to break prev high..meanwhile supply flooding market causing ASP nonstop drop 10% monthly & now profit drop

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 10:30 | Report Abuse

Short term mybe stabilise but market alrdy tag/remember new low..med/long term going much2 lower

Posted by Habisgl0v333 > 2021-09-09 10:31 | Report Abuse

As I said, after dividend will plummet

Anaconder

1,031 posts

Posted by Anaconder > 2021-09-09 10:32 | Report Abuse

Expert said for a solid company with plenty of cash amounting to few Billions in Balance sheet,PE less than 2 n drop more than abt 76 % from peak , it right time to accumulate

Posted by AlsvinChangan > 2021-09-09 10:32 | Report Abuse

2017 /2018 era got COVID-17?

BUT still gloves bearish as most big users over buy their stock during panic times
takes some times to used up the stock

Investoz88

545 posts

Posted by Investoz88 > 2021-09-09 10:35 | Report Abuse

When ppl are fearful and in despair, its time to get greedy.
Mkt is irrational.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 10:36 | Report Abuse

Company got no cash for shareholders @ 3.6Bil alrdy set aside US factory/capex

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 10:38 | Report Abuse

Glovers irrational thinking prepandemic ASP/profits can support such high share price

Prepandemic ASP = prepandemic profits = prepandemic share price (65sen)..simple

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-09 10:40 | Report Abuse

Wahhh...

Ini fellow sudah start promoting planters again....


Adui...





Posted by calvintaneng > Sep 9, 2021 10:39 AM | Report Abuse

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-24...

niet

779 posts

Posted by niet > 2021-09-09 10:42 | Report Abuse

Now the market is following topglov and hartalega. Support at 3.5 and 6.58. If broken further downside. Kossan and Super mx follow each other.

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-09 10:42 | Report Abuse

Don't forget the lesson of glove era...

When a lot of people promoting particular stock or sector...

Then must be careful due to promoter wants to escape the boat...

Still can recall last year during fantastic glove huh-hah session !!!......

niet

779 posts

Posted by niet > 2021-09-09 10:42 | Report Abuse

Market a bit quiet. Big boys must be deciding what to do.

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