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

Youngkid

298 posts

Posted by Youngkid > 2021-09-09 10:44 | Report Abuse

Ha! ha! ha! ,just bought 2.89 5 lots

KimSua

509 posts

Posted by KimSua > 2021-09-09 10:45 | Report Abuse

Anyone able to to provide intrinsic value based on DCF with no growth assumptions and/or 5 yrs growth from 2020? I had it at RM2.5~ to 2.8 . Still cannot decide with so many anecdotal market assumptions. Hopefully around this price to enter.

niet

779 posts

Posted by niet > 2021-09-09 10:46 | Report Abuse

Topglov 3.5 broken. Further downside. Next support 3.20. Supermx going down.

rr88

6,532 posts

Posted by rr88 > 2021-09-09 10:47 | Report Abuse

I told u dy. The longer you wait the more you wud lose. Dump it. Its a slow n steady trip to its grave.

tah16600

2,646 posts

Posted by tah16600 > 2021-09-09 10:57 | Report Abuse

At current price ,just sapu lah! u won't be wrong

tah16600

2,646 posts

Posted by tah16600 > 2021-09-09 11:02 | Report Abuse

Buy Supermx cos it makes more money than Top glove

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 11:04 | Report Abuse

Big 4 mass exodus..nxt leg down @ 2.5..nxt trigger TG QR nxt week

Posted by 6166chat > 2021-09-09 11:04 | Report Abuse

New factory from China and US vs long established factory from local?
New set up cost , Machinery cost and Borrowing compare to old boys?
Resources comparison : Import vs local supply
It take time for them to get on par with the old boys

Sansing

1,028 posts

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

Ya loh! Supermx is much better than Top Glove as it is expanding to US market.

Posted by Start_0f_the_bull > 2021-09-09 11:11 | Report Abuse

Intensive competition among gloves players.
Smaller players will die off.
Established one will survive.
Market will find a balance in the end. Looking forward to next year.

niet

779 posts

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

Sansing all are going down together and up together.

Sansing

1,028 posts

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

Prepare to hold if u want to buy as market full of uncertainty especially in Malaysia as political issues are still unstable

Posted by Habisgl0v333 > 2021-09-09 11:16 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-09-09 11:17 | Report Abuse

rr88 I told u dy. The longer you wait the more you wud lose. Dump it. Its a slow n steady trip to its grave.
09/09/2021 10:47 AM

If you want to sell just go ahead and do it.
Anyway, I don't think you have Supermax share on your hands otherwise you would sing a different tune.

Sansing

1,028 posts

Posted by Sansing > 2021-09-09 11:18 | Report Abuse

Aldy drop more than 75% from peak, so at this price it is quite safe to invest

Posted by 6166chat > 2021-09-09 11:23 |

Post removed.Why?

goody99

1,814 posts

Posted by goody99 > 2021-09-09 11:24 | Report Abuse

everything I hear about glove stocks is bad news. Does anyone know what the potential good news for glove stocks? Serious discussion please

Posted by 6166chat > 2021-09-09 11:26 | Report Abuse

what ever go up must come down and same for when its down is time to go up too,,, buy and keep sell couple of month later for your xmas shopping
hahaahhaaaa

Posted by GroundZeroIV > 2021-09-09 11:31 |

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Posted by GroundZeroIV > 2021-09-09 11:32 |

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Posted by Start_0f_the_bull > 2021-09-09 11:33 | Report Abuse

Gloves down, drugs makers Dpharma and Phamaniaga also down
If gloves over supply medicines also over supply? Weird.!

mf

29,133 posts

Posted by mf > 2021-09-09 11:36 | Report Abuse

rip

Posted by 6166chat > 2021-09-09 11:39 | Report Abuse

goody99 short term drop, dont panic

Posted by investmalaysia7777 > 2021-09-09 11:41 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 11:41 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 11:41 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 11:42 |

Post removed.Why?

ket4212

618 posts

Posted by ket4212 > 2021-09-09 11:47 |

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Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-09-09 11:49 |

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Turbo

57 posts

Posted by Turbo > 2021-09-09 11:54 | Report Abuse

Thanks you Monkey. More u sing a song, more I can collect cheaper. Now only few percent collected still long way to go. I hope u can keep singing laughter, it's quite helping. Hahaha... but no suggest commission for u, sorry to said.

Geek2020

970 posts

Posted by Geek2020 > 2021-09-09 11:56 |

Post removed.Why?

Stealth

577 posts

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

Awaiting an announcement on the US expansion-last piece of the puzzle!! It is progressing!!!

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 12:04 |

Post removed.Why?

myinvestor

1,218 posts

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

Supermax net short position.
08/09/21 71214386 -680600
07/09/21 71894986 489700
06/09/21 71405286 -403910
03/09/21 71809196 1314660

Dump and cover still around 2.6% net short position.

Geek2020

970 posts

Posted by Geek2020 > 2021-09-09 12:14 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-09 12:15 | Report Abuse

Top 4 glove still making billions of profits next year and ASP already stabilized next year

mf

29,133 posts

Posted by mf > 2021-09-09 12:21 | Report Abuse

Stock futures lower after Dow and S&P 500 fall for the third straight session

frankkoh

36 posts

Posted by frankkoh > 2021-09-09 12:29 | Report Abuse

All prepandemic share price does not include the huge cash on hand now! Supermax cash on hand is RM1.4/ share and NTA at RM1.85. Is RM0.65 the TP?

Jason85

652 posts

Posted by Jason85 > 2021-09-09 12:32 | Report Abuse

Trust on supermax

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-09 12:37 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 12:42 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 12:43 |

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Sansing

1,028 posts

Posted by Sansing > 2021-09-09 12:48 | Report Abuse

Sp currently making 3.92 Billion per yr n next FY could be more loh!
If use PE 10, SP shd worths abt Rm 15 not Rm 2.84. Super undervalue!

stainlyho37

2,275 posts

Posted by stainlyho37 > 2021-09-09 12:50 | Report Abuse

looking @ 5 min chart ..Supermx.Top glove may have some chance to rebound..ma 5 going near to ma 20...Carepls touch & cross....if cross may have some pull up....just watch out !!!

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 13:04 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 13:04 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 13:28 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-09 13:29 |

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Posted by Start_0f_the_bull > 2021-09-09 13:34 | Report Abuse

MoneyMakers Supermx got no cash 4 shareholders @ 3.6Bil set aside 4 US factory/capex
09/09/2021 1:28 PM

You know also. So Supermax will not be the same as pre pandemic time. Correct or not?

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