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 5 hours ago

Posted by investmalaysia7777 > 2021-09-14 16:02 | Report Abuse

get 15 cents dividend very happy?

Posted by investmalaysia7777 > 2021-09-14 16:02 | Report Abuse

RSS got burned?

Boston

107 posts

Posted by Boston > 2021-09-14 16:02 | Report Abuse

Whole world don’t ban rss but we wanna ban it??? Where’s the logic??? If rss banned and share prices still down, how??? How about banning margin trading???

Posted by investmalaysia7777 > 2021-09-14 16:02 | Report Abuse

who losing now?

Posted by investmalaysia7777 > 2021-09-14 16:02 | Report Abuse

Low PE got use?

Posted by investmalaysia7777 > 2021-09-14 16:03 | Report Abuse

Now only wake up?

Posted by investmalaysia7777 > 2021-09-14 16:03 | Report Abuse

Where's PE, cash analysis?

Posted by Start_0f_the_bull > 2021-09-14 16:10 | Report Abuse

investmalaysia7777 RSS got burned?
14/09/2021 4:02 PM

Off course RSS won't burn. How can small fish fight with them with limited funds and disunited? Only at a point shorties will face backslash if price goes way too low. Correct or not?

MC33

182 posts

Posted by MC33 > 2021-09-14 16:12 | Report Abuse

Re RSS , ,To put things into perpective BURSA MALAYSIA is not NYSE or even ASX

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-14 16:12 |

Post removed.Why?

Larn

280 posts

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

Short Selling Frameworks
Daily Price Limit (15%/15sen)..they wont dare to touch 15sen territory..or their activity will be suspended

Posted by investmalaysia7777 > 2021-09-14 16:14 | Report Abuse

Before this you guys say burn RSS de wor. now different tone d?

Posted by investmalaysia7777 > 2021-09-14 16:15 | Report Abuse

I also confused la

Posted by investmalaysia7777 > 2021-09-14 16:15 | Report Abuse

So now RSS win or lose?

Posted by investmalaysia7777 > 2021-09-14 16:16 | Report Abuse

Before this you guys day night thank you RSS de wor. Now your dream come true not happy meh

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 16:19 |

Post removed.Why?

McChicken

101 posts

Posted by McChicken > 2021-09-14 16:20 | Report Abuse

Lolzz..those comment really typical keyboard warrior. Even i bought below RM1 also tempted to sell, you guys really did a good job, clap clap for you and please ask your boss to raise your pay bro

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-14 16:23 | Report Abuse

I think the shortists has gotten too greedy and overstepped the limit, that keeps the balance that ensure sustainability of the market. They need to respect the fundamentals and play within the rules. But what they are doing now has destroyed the confidence of the investors in the market

Posted by King325462 > 2021-09-14 16:24 | Report Abuse

it's over...gg...............

Posted by investmalaysia7777 > 2021-09-14 16:25 | Report Abuse

I heard from other IB they will have big bonus this year. Believe or not up to you

Posted by investmalaysia7777 > 2021-09-14 16:25 | Report Abuse

What play within the rules? you mean they short sell is illegal???

shpg22

2,984 posts

Posted by shpg22 > 2021-09-14 16:29 | Report Abuse

All rubber glove stock will drop below its pre-goreng price due to massive oversupply worldwide due to influx of new glove factory and massive expansion by existing one during the pandemic. This is coupled with accelerated recovery worldwide. Use that price below as reference (adjusted for capital changes).

TOPGLOVE - 2.12
HARTA - 7.00
KOSSAN - 2.55
SUPEPRMX - 0.85
RUBBEREX - 0.26

It seems like only HARTA and KOSSAN current price is reasonable while the rest still overprice.

Posted by munfatt2000 > 2021-09-14 16:32 | Report Abuse

hold

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 Start_0f_the_bull > 2021-09-14 16:33 | Report Abuse

investmalaysia7777 Before this you guys day night thank you RSS de wor. Now your dream come true not happy meh
14/09/2021 4:16 PM

Can't you see many newcomers are on board now? I believe many out there are waiting for a point to enter. True or not.

MC33

182 posts

Posted by MC33 > 2021-09-14 16:34 | Report Abuse

For those of you interested look up Jim Cramer , a hedge fund manager who during one of his interviews said that it was a very satisfying way to make money by manipulating the markets and exhorted other hedge managers to do so .

Boston

107 posts

Posted by Boston > 2021-09-14 16:35 | Report Abuse

Rm3 went up to rm10 can. Rm10 down to rm3 cannot. Different rules???

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 16:35 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-09-14 16:41 | Report Abuse

440 to 445..time to cover short position

mimisita

348 posts

Posted by mimisita > 2021-09-14 16:42 |

Post removed.Why?

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-14 16:45 | Report Abuse

Shorts buying now....

Posted by BursaBearAlways > 2021-09-14 16:48 | Report Abuse

Now your tp getting lower and lower
After acheived you fxxk wanted 2.5 already achieveable.
Now is 0.65 ,wowwwwwww you are GOD
i stiil beleive you will ahceived 0.65 .
The market is control by shorty
No more fair game.
SHORTY WIN ALL THE TIME

YOU CANT BEAT THEM
JUST FACE THE TRUTH
SUPERMX WILL REACH 0.65

pjseow

2,264 posts

Posted by pjseow > 2021-09-14 16:51 | Report Abuse

Markets will swing between overly optimistic or greed and overly pessimistic or fear. The recent meltdown of gloves stock reminded me of 1998
asian financial crisis, the 2008 US financial crisis and last year March pandemic crisis. The Asian crisis.was the worst with Composite index went down from 1300 in 1997 to 250 in 1998 within a year. Our PM then banned stock shorting completely and Singapore was not allowed to trade Malaysian stocks. Malaysia implemented currency control so that our.ringgit cannot be shorted . Rates was fixed.at 3.8 .The CI index took 1.5 years to recover to 1000 and then another 3 years to reach 1300.
The 2008 financial crisis also resulted the index dropped from the high of 1500 to 800 plus.
Many stocks dropped more than.50 % It also takes about 2 to 3 years to go back to 1500.
Last year March meltdown from 1800 to 1400 also made most stocks down 30 to 50 % but the recovery was much faster. It recovered within 6 months.
These 3 meltdowns and recoveries gave us.a.good message. Markets can be irrational but it will goes back to the fundamental values.
I am lucky to witness these 3 big crisis in.my life and.happy to share my experience.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-14 16:51 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-14 16:56 | Report Abuse

Down trend....

imvu

7,888 posts

Posted by imvu > 2021-09-14 17:01 | Report Abuse

besok spike gap up limit up

Apple2353

2,000 posts

Posted by Apple2353 > 2021-09-14 17:03 | Report Abuse

imvu - mimpi kuat kaut malam ini

imvu

7,888 posts

Posted by imvu > 2021-09-14 17:05 | Report Abuse

selalu khamis jumaat glove buat spike , jadi minggu ni , rabu / jumaat glove buat spike gap up limit up .

Larn

280 posts

Posted by Larn > 2021-09-14 17:08 | Report Abuse

short term bullish established..

Larn

280 posts

Posted by Larn > 2021-09-14 17:10 | Report Abuse

hopefully this week..gap down hole will close..

Posted by Start_0f_the_bull > 2021-09-14 17:11 | Report Abuse

Pjseow.
Truely. Well managed companies with good fundamentals were usually survive from the financial turmoil. Smaller companies some goes into liquidation or being taken over or merged with the big one. Typical example were banks which have been merged into smaller numbers with larger capital as at today.

Posted by greatinvestor1 > 2021-09-14 17:14 | Report Abuse

https://www.malaymail.com/news/money/2021/09/14/bursa-malaysia-remains-lower-at-mid-afternoon41/2005481

U guys see, bursa malaysia cant going up without glove sector. Make Bursa Malaysia Great again to the world. dont condemn our own country

casanwk

1,496 posts

Posted by casanwk > 2021-09-14 17:15 | Report Abuse

Two resistance to clear 265 & 269
After that , it rocket away!

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-14 17:17 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-09-14 17:19 | Report Abuse

Good luck ToneeFa.

myinvestor

1,218 posts

Posted by myinvestor > 2021-09-14 17:23 | Report Abuse

Banking stocks in the red as MoF instructs banks to work on interest rate exemption for loan moratorium repayments

KUALA LUMPUR (Sept 14): Most banking stocks on the local stock exchange came under pressure today, following news that the Ministry of Finance (MoF) has instructed banking institutions to work on the exemption of interest payments for recipients of the bank loan moratorium immediately.

At the time of writing, AMMB Holdings Bhd was leading the decline, shedding 4.31% to RM3.11. This was followed by RHB Bank Bhd (down 3.29% to RM5.29), Hong Leong Bank Bhd (declining 2.23% to RM18.36) and CIMB Group Holdings Bhd (down 1.86% to RM4.75).

https://www.klsescreener.com/v2/news/view/880787/banking-stocks-in-the-red-as-mof-instructs-banks-to-work-on-interest-rate-exemption-for-loan-moratorium-repayments

IB had earned higher interest by lending shares to shorties. It time to do national service to offer interest free to loan moratorium repayments.

raymond96

13 posts

Posted by raymond96 > 2021-09-14 17:38 | Report Abuse

hi guys , no worries , supermax at this moment still have about rm 1.50 per share . if u have extra money to spare , u may buy in stages (pls do your own research first) intco of china may postpone its expansion plan due to difficulty in securing loan .

raymond96

13 posts

Posted by raymond96 > 2021-09-14 17:55 | Report Abuse

if Dow Jones were to collapse in the next three months ,Supermax may only drop to RM 1.50 at the most.. Rm 0.65 per share is a long way to attain baring any Bonus OR SHARE Splitting exercise

pjseow

2,264 posts

Posted by pjseow > 2021-09-14 18:35 | Report Abuse

Tonee, the sentiment for gloves are still bad . I will wait a little longer for the fear to subside before entering.
-----------------------
ToneeFa Yup pjseow, agree with u. Those with capacity can still nibble as it dips. I m keenly watching if SpmX can win the ongoing NHS contracts tender, which I think is an important contract to SpmX to proof of that their OBM setup can give them an edge over the rest.
14/09/2021 5:17 PM

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-14 18:38 | Report Abuse

"The Ismail-led government will table the Windfall Profit Levy Bill for second reading" #SabriMyPm

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-14 18:40 | Report Abuse

More bkc more br1m all hail Sabri !!!

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