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 7 hours ago

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-13 23:42 |

Post removed.Why?

Raiz368

1,602 posts

Posted by Raiz368 > 2021-09-13 23:42 | Report Abuse

Tomorrow must be have technical rebound...oversold already

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-13 23:44 |

Post removed.Why?

Posted by munfatt2000 > 2021-09-13 23:53 | Report Abuse

Supermax Corporation - FY21 Inline With Expectations
Date: 27/08/2021

Source : KENANGA
Stock : SUPERMX Price Target : 5.00 | Price Call : BUY
Last Price : 2.73 | Upside/Downside : +2.27 (83.15%)

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-13 23:53 | Report Abuse

I believe if once NHS confirm they win, u can bet the news would be out immediately, but meanwhile, nothing can be mentioned yet.

Posted by munfatt2000 > 2021-09-13 23:54 | Report Abuse

PublicInvest Research Headlines - 8 Sept 2021
Date: 08/09/2021

Source : PUBLIC BANK
Stock : HARTA Price Target : 7.80 | Price Call : BUY
Last Price : 6.30 | Upside/Downside : +1.50 (23.81%)

Posted by munfatt2000 > 2021-09-13 23:55 | Report Abuse

Top Glove Corporation - Overhang Removed with Ban Uplifted
Date: 13/09/2021

Source : KENANGA
Stock : TOPGLOV Price Target : 5.40 | Price Call : BUY
Last Price : 3.28 | Upside/Downside : +2.12 (64.63%)

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-13 23:56 |

Post removed.Why?

Posted by wallstreetrookie > 2021-09-14 08:24 | Report Abuse

Supermax is hitting its bottom for now. You all should consider building a position

Posted by wallstreetrookie > 2021-09-14 08:27 | Report Abuse

We have revised Supermax from Underweight to Neutral. We believe that the stock is oversold simply due to the fact that the drop in ASP in the foreseeable future will most likely not be as severe as predicted by most analysts. We do not discredit their analysis but we think that the selling pressure has exceeded the company's fundamental metrics. Our model proposes a short term drop to 2.5 and a medium term rise to RM4.5

KimSua

509 posts

Posted by KimSua > 2021-09-14 08:53 | Report Abuse

~2.5 seems like a good price for SPMX. ~3.0 for TP, ~<6 for Harta?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-14 08:57 | Report Abuse

looks very cheap...

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-14 09:07 | Report Abuse

Down trend....

Posted by Habisgl0v333333 > 2021-09-14 09:14 | Report Abuse

Told ya. 2.5 coming

Posted by Habisgl0v333333 > 2021-09-14 09:15 | Report Abuse

Glovers don't understand why everyday drop, because supermx been uptrending since early of pandemic. After every pandemic the price sure drop

Posted by munfatt2000 > 2021-09-14 09:21 | Report Abuse

Supermax Corporation - FY21 Inline With Expectations
Date: 27/08/2021

Source : KENANGA
Stock : SUPERMX Price Target : 5.00 | Price Call : BUY
Last Price : 2.73 | Upside/Downside : +2.27 (83.15%)

Rockers

249 posts

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

Lai leow !

Sansing

1,028 posts

Posted by Sansing > 2021-09-14 09:37 | Report Abuse

Hoot lah! if got vitamins

Sansing

1,028 posts

Posted by Sansing > 2021-09-14 09:40 | Report Abuse

Ridiculous making 147sen /sh selling at this price !

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 09:42 |

Post removed.Why?

tah16600

2,646 posts

Posted by tah16600 > 2021-09-14 09:46 | Report Abuse

Ya loh! FPI making only 33sen/share but selling @RM4.28 . What a joke Supermx selling at less than 3 bucks!

tah16600

2,646 posts

Posted by tah16600 > 2021-09-14 09:52 | Report Abuse

Supermx shd price at RM 14 + if use PE 10

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 10:04 | Report Abuse

What u smoking early morning..still very overvalued

MoneyMakers

7,647 posts

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

Got no cash for shareholders..meanwhile ASP nonstop dropping 10% monthly most likely down to prepandemic level

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

Posted by greatinvestor1 > 2021-09-14 10:13 | Report Abuse

bro prepandemic is no covid bro. today covid still exist. doctor use glove lifetime to take care covid patient

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2021-09-14 10:18 | Report Abuse

1 hour rebound only..

Posted by Benhobenhobenho > 2021-09-14 10:22 | Report Abuse

Prices manipulation?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 10:24 | Report Abuse

Covid forever doesnt matter..this is glove company, not covid company..focus on glove ASP/supply/demand/profits only

Posted by munfatt2000 > 2021-09-14 10:28 | Report Abuse

Supermax Corporation - FY21 Inline With Expectations
Date: 27/08/2021

Source : KENANGA
Stock : SUPERMX Price Target : 5.00 | Price Call : BUY
Last Price : 2.73 | Upside/Downside : +2.27 (83.15%)

Posted by greatinvestor1 > 2021-09-14 10:33 | Report Abuse

Asp / supply / demand / profit will not be same like prependemic

Posted by winwin88888888 > 2021-09-14 10:36 | Report Abuse

hmm~ possible it will up today? it drop like never happened before leh

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 10:42 | Report Abuse

Margma - global demand for gloves in 2021 was expected to remain at 420 billion pieces

15% demand growth in 2022 = 480Bil

Global demand 2022 480Bil
MY production 2022 320Bil
IntCo production 2022 130Bil

Glove shortage doesnt mean can maintain high ASP..2022 glove shortage 30Bil (just from MY/IntCo production) - even less than 2019 shortage 40Bil..havent include production from EU/Thai

With lower shortage in 2022 than 2019, only logical ASP return to pre-pandemic level

Prepandemic ASP = prepandemic profit = prepandemic price (65sen)

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 10:48 | Report Abuse

Even Harta boss said ASP/profits will normalise by Q1 2022

Posted by Habisgl0v333 > 2021-09-14 10:52 | Report Abuse

Yes, profit will not be the same, pre pandemic price 68 c , most give rm 1.50

Posted by Habisgl0v333 > 2021-09-14 10:53 | Report Abuse

Pre pandemic pe 100 , post pandemic pe 1, this is sense , common sense

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 10:53 |

Post removed.Why?

rchi

20,946 posts

Posted by rchi > 2021-09-14 11:00 | Report Abuse

Die standing ctr

Larn

280 posts

Posted by Larn > 2021-09-14 11:02 | Report Abuse

now everyone can dream supermax price 65sen...special dividen 13-15sen..joker of the day

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 11:02 |

Post removed.Why?

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 11:02 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-14 11:02 | Report Abuse

Share price keeps falling non stop

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 11:03 | Report Abuse

pity those glovers, write so many articles but share price keep dropping

rr88

6,532 posts

Posted by rr88 > 2021-09-14 11:03 | Report Abuse

Everyday drop. Sell.

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 11:04 |

Post removed.Why?

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 11:06 |

Post removed.Why?

danny1234

83 posts

Posted by danny1234 > 2021-09-14 11:06 | Report Abuse

kunju is watching with BC & BB & ABU & NATALEE

danny1234

83 posts

Posted by danny1234 > 2021-09-14 11:09 | Report Abuse

SUPERMX.. WDF.. TOTALLLLLLi Hopeless... habuk pon tak ader!!!!!

Citadel00

633 posts

Posted by Citadel00 > 2021-09-14 11:10 | Report Abuse

no more article today?? no more PE NtA ASP bullshiett???

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 11:11 |

Post removed.Why?

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