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.

222,686 comment(s). Last comment by Income 1 hour ago

rchi

20,946 posts

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

Bursa has over 1k stocks dont want buy,buy gloves for what......Hahahahaha
Sayonara,no eyes see this forum.

Posted by ThePowerOfGlove > 2021-09-19 20:39 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-19 20:39 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-19 20:39 | Report Abuse

shorting gang running out of desperate scare stories

Posted by ThePowerOfGlove > 2021-09-19 20:40 | Report Abuse

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

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-09-19 20:40 | 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

Posted by ThePowerOfGlove > 2021-09-19 20:40 | Report Abuse

That is why RSS shorting gang gonna be banned soon

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 20:42 | Report Abuse

Ready multiple TG downgrades nxt week..somemore div only 5sen @ 1% nobody will want to hold

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 20:42 | Report Abuse

When TG selloff, supermx sure dump also..lai lai lelong down to 65sen

ahbah

6,236 posts

Posted by ahbah > 2021-09-19 20:44 | Report Abuse

The mkt oredi knew all the negative news about glove counters, even the

not so good financial results of TG ?

So, all glove counters are NOW korrectly priced ?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-19 20:54 | Report Abuse

KUALA LUMPUR (Sept 17): Top Glove Corp Bhd expects to continue to experience headwinds amid the industry-wide practice of downtrending average selling price (ASP) for gloves, increasing market competition from Chinese glove makers, and slower growth in demand due to customers holdings back on their purchase in anticipation of a normalising of ASP.

In a virtual briefing today, Top Glove founder and executive chairman Tan Sri Dr Lim Wee Chai said the ASP is expected to continue to ease and will only normalise in January next year.

Posted by AllanTingAS > 2021-09-19 20:55 | Report Abuse

If can down to below 1.00!!! Then can slowly enter.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 21:04 | Report Abuse

Who predicted TG profit only 600Mil?? Nobody

What will be nxt QR profit..200Mil?? 300Mil?? Definitely more IB downgrades incoming

How can negative news alrdy priced-in when nobody expected such low profit so fast

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 21:04 | Report Abuse

No wayyy selloff over..its just starting..lelong down to 65sen

Posted by Start_0f_the_bull > 2021-09-19 21:09 | Report Abuse

Aiyo MM, even if Super really down to 65c with your bad mouth by then you are already being sent to retirement because you are useless to the shorties then.

pjseow

2,264 posts

Posted by pjseow > 2021-09-19 21:17 | Report Abuse

MMM , You mean Supermx next.QR profit ? Easily double your numbers of 200 to 300 millions . Last qtr.you predicted 500 mil based on RHB number . When QR was out , you.must be shocked to see a 959 millions profit.


----------------------
MoneyMakers Who predicted TG profit only 600Mil?? Nobody

What will be nxt QR profit..200Mil?? 300Mil?? Definitely more IB downgrades incoming

How can negative news alrdy priced-in when nobody expected such low profit so fast
19/09/2021 9:04 PM

Posted by greatinvestor1 > 2021-09-19 21:57 | Report Abuse

dont worry guys, using our big deviden we can get more share from supermax. whether up and down. Big Discount

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 21:58 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 22:05 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 22:08 | Report Abuse

Tunafa U no need care whatever share price..got unlimited fake money for unlimited fake topup

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 22:43 |

Post removed.Why?

tiptop168

267 posts

Posted by tiptop168 > 2021-09-19 22:46 | Report Abuse

Thanks for sharing information Toneefa

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 22:58 | Report Abuse

tiptop168 U r wc

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 23:04 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 23:17 | Report Abuse

Tunafa When price reach 65sen nxt yr, that 100K div soon become 10K

The fake 4Mil capital alrdy become 1.5Mil & by nxt yr left only 400K

So basically nxt yr left only 410K capital+div from original fake investment 4Mil lol

Posted by ThePowerOfGlove > 2021-09-19 23:23 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-19 23:24 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-19 23:24 | Report Abuse

shorting gang running out of desperate scare stories

Posted by ThePowerOfGlove > 2021-09-19 23:24 | Report Abuse

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

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-09-19 23:25 | 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

Posted by ThePowerOfGlove > 2021-09-19 23:25 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-09-19 23:25 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-09-19 23:26 | 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 23:26 | Report Abuse

RSS is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-09-19 23:26 | 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 23:27 | 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 23:28 | 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 23:28 | Report Abuse

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

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-19 23:38 | Report Abuse

Disclaimer - all totally own imagination with minimal chance become reality

joyvest

10,533 posts

Posted by joyvest > 2021-09-19 23:47 | Report Abuse

It is illegal to represent the information of the berhad ,which has yet to be publicly released.

That bugger talks and reveals as if he was the insider,whom I think he is...

Posted by ThePowerOfGlove > 2021-09-19 23:50 | Report Abuse

shorting gang getting worried & anxious

Posted by ThePowerOfGlove > 2021-09-19 23:57 | Report Abuse

shorting gang now getting stressed up

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-19 23:58 |

Post removed.Why?

liewtz06

356 posts

Posted by liewtz06 > 2021-09-19 23:59 | Report Abuse

Cash in hand is around 1.43, if share price drops to 0.65, then it's really a no-brainer to scoop as many shares as you can. Demand of gloves will only be growing in the future.

Posted by ThePowerOfGlove > 2021-09-20 00:03 | Report Abuse

shorting gang running out of desperate scare stories

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-20 00:59 | Report Abuse

Singapore reported 1,009 new local COVID-19 infections as of noon on Sunday (Sep 19), comprising 919 community cases and 90 dormitory residents.

This is the second consecutive day that new local cases have topped 1,000. There were 1,004 locally transmitted infections on Saturday.

https://www.channelnewsasia.com/singapore/singapore-covid-19-1009-new-local-cases-nursing-home-cluster-sep-19-2188246?cid=telegram_cna_social_28112017_cna

Posted by VolatileIsMyGold > 2021-09-20 01:55 | Report Abuse

extremely surprising data from singapore

I thought that they had been handling covid very well

bigby7

433 posts

Posted by bigby7 > 2021-09-20 05:55 | Report Abuse

This stock make the conman KYY bleed until lao sai..
HAHAHA

Konan88

23 posts

Posted by Konan88 > 2021-09-20 06:12 | Report Abuse

Topglov is the point rss focus the most, among top 4 glove. The biggest threat and uncertainty faced by rss is the recent issue raised by the PM advisor on rss ban. Current nett rss for topglov is 221 million share. If u look at the daily trade volume, this is around 4 times trading volume of last friday. But if u look at the thin sell queue, rss could not cover back on time. They could only cover back unless there is fear and panic sell.

Let me quote that in detail, say 3 days before the rss ban, nett rss is 221million share.
Each sell q is 5000 lots (500, 000 shares)
The rss will need to buy up rm 4.42 from the curent rm 3.06 ie rm 7.48

But there is a limit up ceiling where trading will be halted.

RM 3.06 x 1.3 = rm 3.90
Rm 3.90 x 1.3 = rm 5.07
Rm 5.07 x 1.3 = rm 6.59

If price shoot up a lot, rss will shortsell even more entering a viscious cycle of loss making.

Then, they will shortsell even more aggressively to bring down the price, till a point where ministry of finance will need to announce rss ban even quicker than used to plan.

Any big local fund who has the bullet should realize that topglov is an opportunity, and retailer must unite and resist fear and temptation to escape.

We call this, close the gate, release the dogs, start to punish rss.
19/09/2021 8:38 PM
X
Konan88 Surely, the shortseller will not be happy with this, but this is THE BIGGEST FEAR faced by different shortseller union. The unity shown by different shortsellersi s equally fragile in front of MR MONEY. I have send my message to Datuk Seri Najib facebook on his outstanding speech on rss ban. Rather than fighting the sharks with weak retailers, get the government in for a fair game.

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