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 9 hours ago

Rockers

249 posts

Posted by Rockers > 2021-09-13 11:12 | Report Abuse

Ala! toö late to sell unless u r margin holders

Citadel00

633 posts

Posted by Citadel00 > 2021-09-13 11:13 |

Post removed.Why?

Posted by munfatt2000 > 2021-09-13 11:16 | Report Abuse

buy cheap price now and collect high dividend

Rockers

249 posts

Posted by Rockers > 2021-09-13 11:19 | Report Abuse

I believe now the operators are passing around themselves, actual selling very low

Posted by investmalaysia7777 > 2021-09-13 11:19 |

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sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-09-13 11:33 |

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Posted by KingAbuJani_of_Petal > 2021-09-13 11:33 | Report Abuse

Buy BIG BIG. Below RM3 yummy

Rockers

249 posts

Posted by Rockers > 2021-09-13 11:37 | Report Abuse

Technology stocks making millions only n PE very2 high but Supermx making Billions, gives good dividend n PE less than 2 . From here as an investors u shd know what to invest

niet

779 posts

Posted by niet > 2021-09-13 11:40 | Report Abuse

waiting at 2.73

Posted by Start_0f_the_bull > 2021-09-13 11:50 | Report Abuse

Citadel00
By the way, your language really sucks.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-09-13 11:54 |

Post removed.Why?

Posted by Habisgl0v33333 > 2021-09-13 11:57 |

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AdCool

3,864 posts

Posted by AdCool > 2021-09-13 12:02 | Report Abuse

Kill all margin holders. Long term holders still safe. Wait for the significant average down price.

Posted by Habisgl0v33333 > 2021-09-13 12:04 |

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Posted by Catchthewave > 2021-09-13 12:09 | Report Abuse

I bought 10% now, will buy another 10% before Sep 17. Then after see if need to catch up more.

pjseow

2,264 posts

Posted by pjseow > 2021-09-13 12:11 | Report Abuse

Malaysian government has been.supporting our rubber glove industries all this while.
--------------------------------
https://www.aseanbriefing.com/news/getting-a-grip-on-malaysias-rubber-glove-industry/

Posted by Benhobenhobenho > 2021-09-13 12:19 | Report Abuse

I wonder if the dividends are a form of scam to entice unsuspecting investors to go in

Posted by Benhobenhobenho > 2021-09-13 12:22 | Report Abuse

Buy now is much cheaper than before ex dividends n u already got your dividends straight away when u pick up the share, right?

Posted by Catchthewave > 2021-09-13 12:26 | Report Abuse

It does not matter any more. At this price, no matter the dividend, it is good to test water for entry.
Also just look at the volume being shorted, once the short position is covered it will sure bypass this current level. We talking about close to 200 million short position.
Of course the ASP, already goreng more than half a year already. Plus we know the virus will stay with us till do not know when.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 12:41 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 12:41 |

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rchi

20,946 posts

Posted by rchi > 2021-09-13 12:45 |

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Citadel00

633 posts

Posted by Citadel00 > 2021-09-13 12:56 |

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jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-13 12:57 |

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Citadel00

633 posts

Posted by Citadel00 > 2021-09-13 12:58 |

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Citadel00

633 posts

Posted by Citadel00 > 2021-09-13 13:03 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:05 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:08 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:08 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-13 13:08 |

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GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-13 13:09 |

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jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-13 13:14 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:17 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:23 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:23 |

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MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:24 |

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MoneyMakers

7,647 posts

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

Now havent see panic market yet..just the start

Harta/Kossan only around 1.3x prepandemic price..Supermx still 4.3x prepandemic price..got alot more room to drop

MoneyMakers

7,647 posts

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

AmInvest key assumptions for ASP for FY22/FY23 are US$30.50/US$26.50

Jeng3 now even got ASP assumption as low as USD26!!

MoneyMakers

7,647 posts

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

Every QR got ASP downgrade..just waiting downgrade to prepandemic ASP

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

Posted by munfatt2000 > 2021-09-13 13:31 | Report Abuse

If u can hold until next year, this price is super cheap.

but if u use margin, then have to think twice b4 buy in

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 13:45 | Report Abuse

U only feel super cheap b’coz bought much2 higher

In reality, most overvalued compare to rest Big3..will be much2 cheaper nxt yr

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-13 13:50 | Report Abuse

Gloves stock endgame..

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 14:15 | Report Abuse

A total of 17Mil individuals or 72.7 per cent of the country's adult population have completed their COVID-19 vaccination

Soon can reach UK level @ 80%..see them handle covid soo well

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 14:16 | Report Abuse

Vaccine doesnt prevent infection but give very2 strong protection against severe illness/hosp/death

US CDC data suggests that more than 99.99% of fully vaccinated people have not had a breakthrough case of Covid-19 resulting in hospitalization or death.

LossAversion

1,727 posts

Posted by LossAversion > 2021-09-13 14:27 | Report Abuse

Hold until Chinese New Year!!

Posted by Investor126 > 2021-09-13 14:35 | Report Abuse

Yes LossAversion. Hole until Chinese New Year!!

AdCool

3,864 posts

Posted by AdCool > 2021-09-13 14:51 | Report Abuse

AdCool Actually they have been telling the same script for more than 10 months. Back then, worldwide daily new cases around 600k, now 10 months forward with vaccination, SOPs and lockdown, the new case still around 600K and with proven evident that vaccine cannot stop the viruses as happened in Israel, UK and US. Strangely, the analysts still stick to their Nov 2020 analysis that vaccination will stop the virus and the world can recover and back to norm. Market price dropping doesn't necessary means the fact and reality but just the sentiments. The more ppl believe a lie, then the lie would turn into truth. That's how it works. Remember that the analysts did lie too back in March/April/May/June/July/August 2020 saying Glove would reach all time high due to ASP is every growing. All of sudden in Oct/Nov, all of them uturn 180 degree saying ASP would drop and JPM gave a TP of 3.50 for TG. 8 months down the road, JPM gave TP2.80 for TG while all other analysts kept trimming their TP from Rm7 - RM6 - RM5 - RM4 - RM3 - RM2. If they are sure of their analysis, they should have gave a TP of RM2 in Nov 2020 and not in Sept 2021. This is because they too dont know and react to the market sentiments too. JPM did not target Supermax though.


Catchthewave It does not matter any more. At this price, no matter the dividend, it is good to test water for entry.
Also just look at the volume being shorted, once the short position is covered it will sure bypass this current level. We talking about close to 200 million short position.
Of course the ASP, already goreng more than half a year already. Plus we know the virus will stay with us till do not know when.
13/09/2021 12:26 PM
13/09/2021 2:50 PM

Posted by munfatt2000 > 2021-09-13 14:59 | Report Abuse

Shorties cannot cover their short position as no one want to sell at this ridiculous low price. So come out alot of nonsense try to scare away the weak holder

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2021-09-13 14:59 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 15:00 | Report Abuse

Supermx drop 12-2.75 (77% drop from peak)

Mercator drop 750-170 (77% drop from peak)

Intco drop 300-95 (68% drop from peak)

Gloves around the world all performing same way..ASP advantage gone, profit gone, share price gone

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