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.

222,688 comment(s). Last comment by 5231428 12 minutes ago

Posted by ThePowerOfGlove > 2021-09-19 15:39 | Report Abuse

That is why RSS shorting gang gonna be banned soon

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-19 15:42 | Report Abuse

HAHAHA now holidaying at Keukenhof Tulip Garden @ Holland
***********
Ur master pjseow totally clueless..the guy use last year investor briefing to project this year price lol..sooo rubbish

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 15:45 | Report Abuse

@MoneyMakers Even nobel winner scientist cannot explain to someone soo stupd like u
19/09/2021 11:08 AM

MM, Even nobel winner scientist cannot explain to someone soo stupd like u that the share price of a public listed company cannot go below the cash in hand value of the company. If that can happen someone would have buy up all the available shares in the open market.

Posted by ThePowerOfGlove > 2021-09-19 15:47 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-09-19 15:47 | Report Abuse

New amendments to economic/finance policies leaning toward strategies positive for Bursa resurgence, including banning of RSS

Posted by ThePowerOfGlove > 2021-09-19 15:47 | Report Abuse

RSS is destructive & damaging to Bursa

SinGor

4,917 posts

Posted by SinGor > 2021-09-19 15:48 | Report Abuse

Super and Harta better give back TG 2 billion profit Or else Tan Sri will throw price USA....Both
Super and Harta had "alibaba" Tan Sri shipment during CBP....It is time to Cough-Up 2 billion.
TG profit drop from 2.9Billion to 650mil last Qr...Guess who Sapu TG profit

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 15:51 | Report Abuse

Tunafa Ur master. pjseow hall of fame rubbish analysis also include ‘cycle analysis’ whereby every 3 months got uptrend cycle based on past yr history

Now alrdy 6 months havent see any uptrend lol

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 15:54 | Report Abuse

Lets not forget pjseow ‘3 soldiers uptrend’ candle chart..’soldiers’ now prob lost inside MY jungle lol

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 15:57 |

Post removed.Why?

Posted by ThePowerOfGlove > 2021-09-19 16:16 | Report Abuse

RSS not gonna survive for long more under new administration

Gonna be banned soon

If not under pm9, then under pm10

Posted by ThePowerOfGlove > 2021-09-19 16:17 | Report Abuse

RSS is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-09-19 16:18 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

Posted by ThePowerOfGlove > 2021-09-19 16:18 | Report Abuse

RSS shorting gang are not really concerned about us losing our money

They're actually concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further

Posted by ThePowerOfGlove > 2021-09-19 16:19 | Report Abuse

Once suspended, RSS should not be reinstated, until Bursa is in crazy gila insane hyperbull mode

Posted by ThePowerOfGlove > 2021-09-19 16:19 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-19 16:20 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-19 16:20 | Report Abuse

shorting gang running out of desperate scare stories

Posted by ThePowerOfGlove > 2021-09-19 16:20 | Report Abuse

shorting gang now back to having to resort to desperate pathetic old stale tak laku old wives' windfart tax tale

pooooorrrrrttttt

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 16:21 |

Post removed.Why?

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-09-19 16:31 | Report Abuse

Hope all glove investors will continue to hold and average down when the price is dropping. When the shortie has no more shares to short, then the downtrend will reverse.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 16:40 | Report Abuse

@MoneyMakers Tunafa u really need find new master..or mybe u can upgrade become master since u learn from biggest idixt..can continue his legacy
19/09/2021 3:57 PM

Haha MM, in the first place pjseow is not my master, only a low IQ person will make that conclusion. I was just gonna say maybe u need to find a new master, but then I realized that the reverse is true and that ur short and bald master should be looking for a new goon. He should come to some realization soon that he is overpaying for a low IQ goon who is making a total fool of himself in the forum with the daily 65sen premature ejaculation fantasy. That's why glovers are not cowed to cut loss yet due to ur daily stand up comedy.

Posted by ThePowerOfGlove > 2021-09-19 16:42 | Report Abuse

shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down

Youngkid

298 posts

Posted by Youngkid > 2021-09-19 16:43 | Report Abuse

Tomorrow gap up loh! cos last wk final flushed out!

Posted by ThePowerOfGlove > 2021-09-19 16:43 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-09-19 16:43 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-09-19 16:43 | Report Abuse

New amendments to economic/finance policies leaning toward strategies positive for Bursa resurgence, including banning of RSS

Posted by ThePowerOfGlove > 2021-09-19 16:44 | Report Abuse

RSS is destructive & damaging to Bursa

RockerArm

546 posts

Posted by RockerArm > 2021-09-19 16:48 | Report Abuse

Weak holders flushed out last wk . Now shares in the strong hands who aim at dividend n bonus. RSS syndicates will be roasted in matter of times

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-09-19 16:49 | Report Abuse

It's okay dude and whatever you said. Accept if you think you are and just ignore if you are not into category. Many have spared some since long. You should also remain silent occasionally. Standard drops better than others don't have a chance to read and investment depreciated until no end.

IronShirt

3,178 posts

Posted by IronShirt > 2021-09-19 16:52 | Report Abuse

Who are RSS shorties ???given ikan Bilis cannot short until 31 Dec 2021....All License Bankers
are given RSS shorting License bcos they are Doing National service by deferment of car loans,
Housing loan and Industrial and Construction Loan....RSS is a Government pay back to Banks...

And 3 Glove fairies are producing "super normal profit" to Help

pjseow

2,264 posts

Posted by pjseow > 2021-09-19 16:53 | Report Abuse

GloveOff , I was using the consensus Projected Earning from.UOBKay Hian Analyst report dated 8/9/2021. Please read my comment below which is very clear . The consensus projected earning for supermx in.FY2023 at normalised ASP of US 25.5 was RM 882 million which is 7.1 X of FY.2019 earning of ONLY 124 millions.
Pls dont simply said I used Last year briefing to project supermx FY 2023 earning.
GO , you seems to have dimentia problem. My comment was only 5 days ago.
------------------------

Stock: [SUPERMX]: SUPERMAX CORP BHD

Sep 14, 2021 2:51 PM | Report Abuse

Based on IB UOBKayHian latest report dated 8 September , it showed a consensus PAT of 882 millions for supermx in FY2023. Its assumptions of normalised blended ASP is US 25.5 per 1000 and nett margin of 15.1 %. It also assumed a capacity of 36 billions pcs. p.a.
FY 2023 will start in mid CY 2022 which is 9 months from now. The assumption of ASP 25.5 is lower than the 30 to 35 which Harta CEO Kuan mentioned in HARTA AGM.
The 882 million profit is 882/124 = 7.11 times higher than pre pandemic profit of 124 million.
Will the market give the same.price to supermx when.its earning is 7.11 x the pre pandemic price ? Pls note that supermx will be a much stronger company in terms of cash position , capacity and its new business model . The IB also assumed a flat.ASP of 25.8 and.a lower nett margin of 14.6 % in.FY 2024.

Well , despite this consensus number from IBs , Money maker will.still continue his BS of 65 sen pricing post pandemic

pjseow

2,264 posts

Posted by pjseow > 2021-09-19 17:11 | Report Abuse

GloveOff , the projected PAT of 882 in FY2023 is very low already . This number is less than 1/4 of FY 2021 PAT . RM 882 million per year is 221 million per qtr . Although this number is a big drop compared with the peak of 3815 millions in.FY 2021 , it is still.relatively much higher than FY2019 Earning of 124 millions only. MM pre pandemic 65 sen tgt price is really unrealistic not to mentionby then , supermx cash would have reached more than 5 billion by then .

RockerArm

546 posts

Posted by RockerArm > 2021-09-19 17:13 | Report Abuse

There are still no light at the end of the Covid 19 tunnel according to experts. So gloves demand are still on

rchi

20,946 posts

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

Whilst i do not agree with most pro glovers argument that only mention the demand side n conveniently forget the supply side,the statement that stock may not fall below net cash per share is possible.Else Stanley may just privatise the company n sapu the cash.

Posted by ThePowerOfGlove > 2021-09-19 17:18 | Report Abuse

RSS not gonna survive for long more under new administration

Gonna be banned soon

If not under pm9, then under pm10

Posted by ThePowerOfGlove > 2021-09-19 17:18 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

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

RSS shorting gang are not really concerned about us losing our money

They're actually concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further

rchi

20,946 posts

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

No doubt gloves will remain an essential healthcare item.The question is at what price.

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-09-19 17:20 | Report Abuse

.... all diehards go Holland listening to gloves owners early in the year saying world is short of gloves n same profit is sustainable for the next 2 years...

RockerArm

546 posts

Posted by RockerArm > 2021-09-19 17:24 | Report Abuse

I think Stanley aldy disposed most at near peak level n now could be slowly accumulating back

tah16600

2,646 posts

Posted by tah16600 > 2021-09-19 17:34 | Report Abuse

Aya ! after Insiders collect back most of the floating shares, all kind s of hypes appear n by that time will be 5 buck loh!. So start buying while it is on lelong price !

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 17:52 | Report Abuse

@pjseow GloveOff , I was using the consensus Projected Earning from.UOBKay Hian Analyst report dated 8/9/2021. Please read my comment below which is very clear . The consensus projected earning for supermx in.FY2023 at normalised ASP of US 25.5 was RM 882 million which is 7.1 X of FY.2019 earning of ONLY 124 millions.
Pls dont simply said I used Last year briefing to project supermx FY 2023 earning.
GO , you seems to have dimentia problem. My comment was only 5 days ago.
19/09/2021 4:53 PM

Haha pjseow, I m beginning to think that the shortists/sharks purposely send in clowns who are either poor in math skills or with poor memories just to taunt and frustrate us glovers, bcos they know if they hired smarter goons, the goons will have more dignity and self pride than to simply make ridiculous claims. Either that or they thought can save some cost by hiring cheap goons who may cost them more at the end, as we can see now, their total net short position is seriously rising to unsustainable level for them.

GlovesOff

2,499 posts

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

who comment what you also cannot get it right . holiday also so restless we thrash your spmx ke ...
****************
GO , you seems to have dimentia problem. My comment was only 5 days ago.

GlovesOff

2,499 posts

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

WE CLOWNS ALSO CAN PREDICT SHARP FALL FROM 6 to 2xx

100k divy means Tony have 666 lots ... hmm ok shall keep track PPL for you

your batches are 3.90, 3.50 and 3.00 right ...

last time drove pjseow up the wall until almost hire lawyer who doesn't know how to sue HAHAHA
**********
who are either poor in math skills or with poor memories just to taunt and frustrate us glovers,

rchi

20,946 posts

Posted by rchi > 2021-09-19 19:18 | Report Abuse

It is one thing to be an ostrich hiding its head in the sand in denial.It is another thing to be a blind ostrich arguing without acknowledging the fact.The fact is this stock has been dropping non stop after x bonus.And it is still dropping.

Posted by Habisgl0v3333 > 2021-09-19 19:39 | Report Abuse

Sad, glovers now very very very desperate, we will see few essay coming out soon

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-19 19:39 | Report Abuse

12 days red candle d ... usually this 2 will MIA (cave) during market ... active & promote at night and weekends
**************
rchi It is one thing to be an ostrich hiding its head in the sand in denial.It is another thing to be a blind ostrich arguing without acknowledging the fact.

AlexT12

351 posts

Posted by AlexT12 > 2021-09-19 20:01 | Report Abuse

gap down tomorrow. not good for overall market..

rchi

20,946 posts

Posted by rchi > 2021-09-19 20:15 | Report Abuse

global covid cases dropping again,delta so what....

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