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.

222,684 comment(s). Last comment by Income 10 hours ago

Posted by Highfive Bread > 2021-09-21 11:21 | Report Abuse

MC,How much short sellers can make depends on how fast the share will go up. Only half way for them now,that is why they have to short till as low as possible. The other half is to buy back.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 11:31 | Report Abuse

Walao snakehead rr88 in action..talk nonsense about tomorrow rebound but evening later alrdy run fast lol

rr88

6,532 posts

Posted by rr88 > 2021-09-21 11:41 | Report Abuse

Abort. Cheaper tomolo.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 11:54 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 11:55 | Report Abuse

Big bosses alrdy very clear about future ASP/profit normalisation

Dont dream normalised ASP/profit can support high price 2++..much more pain coming

Posted by munfatt2000 > 2021-09-21 12:11 | Report Abuse

shorties going to buy back at RM 5,6,7,8,9 to cover the 77.2mil share?

haha

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-21 12:15 | Report Abuse

Windfall tax...looming.!

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-21 12:18 | Report Abuse

What are you smoking???
*******
munfatt2000 shorties going to buy back at RM 5,6,7,8,9 to cover the 77.2mil share?

dusti

2,404 posts

Posted by dusti > 2021-09-21 12:27 | Report Abuse

Hey rr good advice. Incidentally, how old are you?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-09-21 12:31 | Report Abuse

Do not simply buy until the green set in for at least 2-3 days. You need the stability in order to get the proper rebound. Over values will surge slightly today.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2021-09-21 12:34 | Report Abuse

sell sell market hari hari jatuh

MC33

182 posts

Posted by MC33 > 2021-09-21 12:38 | Report Abuse

@sharemarket21 ok a rational voice

MC33

182 posts

Posted by MC33 > 2021-09-21 12:44 | Report Abuse

China s on holiday Autumn Festival, Evergrande drama looming.
Everyone relax and buy mooncakes( those who celebrate this Festival) and enjoy
Yesterday already have buy one Free one at supermarkets

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 12:58 | Report Abuse

Munfatt2000 alrdy become Munfatt1000 lol

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 13:09 | Report Abuse

Big funds not touching anymore..they know gloves got no value such high price

Only left sharks/bilis in the pond..naturally bilis will be eaten until 65sen left

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 13:13 | Report Abuse

Even US TG ADR alrdy cancelled..nobody want anymore

“The depository of Top Glove Corporation(TGLVY) ADR has announced that the ADR would be terminated effective August 29, 2021.

ADR holders have until Aug 22, 2022 to surrender their ADRs for cancellation and receive the underlying ordinary shares or cash.”

Posted by munfatt2000 > 2021-09-21 13:34 | Report Abuse

supermax good record - profit for 20yrs

supermax Jun 21 - NTA RM 1.82
CASH IN HAND RM 1.40
EPS FY 2021 RM 1.46
DPS FY 2021 RM 0.3180

Now trade at RM 2.44 - lelong price

As at 14th Sep 21 Short position 75Mil share

Shorties short 1.2Mil share 15th Sep and also bought back 1.2Mil

As at 15th Sep short position maintain at 75Mil share

Shorties short 1.16Mil share and buy back 0 share 17th Sep

As at 17th Sep short position increased to 76.4Mil.

Shorties short 1.08Mil share and bought back 0.28Mil share.

As at 20th Sep short position increased to 77.2Mil.

if you do not sell at this lelong price, shorties cannot cover back 76.4mil

Let shorties buy back at higher price

now shorties want to collect cheap share from retailer

so ask some ppl say bad without basis to scare retailer



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 munfatt2000 > 2021-09-21 13:36 | Report Abuse

long term investor should grab the "angbow" from shorties

shorties offer u super cheap supermax share

buy more now if you got holding power

next year enjoy big profit

Jason85

652 posts

Posted by Jason85 > 2021-09-21 13:47 | Report Abuse

Believe la in supermax

Posted by greatinvestor1 > 2021-09-21 13:50 | Report Abuse

Supermax is the one of the best company for Bursa Malaysia. Dont worry guys. Nestle profit also cant reach half of supermax profit. Please be smart !!

Posted by yangkwang99 > 2021-09-21 13:52 | Report Abuse

Even if it falls to 1+? No worry???

bojed

5,064 posts

Posted by bojed > 2021-09-21 13:52 | Report Abuse

Real "sifu" LOL!

----------------------------------------------------------------------------

rr88 Buy. Top glove rebounding. Supermx will follow. Green afternoon, higher tomolo. Tech rebound fr oversold.
21/09/2021 11:18 AM

rr88 Abort. Cheaper tomolo.
21/09/2021 11:41 AM

klee

3,524 posts

Posted by klee > 2021-09-21 13:59 | Report Abuse

Bottomless pit

Geek2020

970 posts

Posted by Geek2020 > 2021-09-21 14:10 | Report Abuse

Better for Stanley to privatize Supermax than surrendering mkt cap to the shorties.

Posted by munfatt2000 > 2021-09-21 14:22 | Report Abuse

As at 14th Sep 21 Short position 75Mil share

Shorties short 1.2Mil share 15th Sep and also bought back 1.2Mil

As at 15th Sep short position maintain at 75Mil share

Shorties short 1.16Mil share and buy back 0 share 17th Sep

As at 17th Sep short position increased to 76.4Mil.

Shorties short 1.08Mil share and bought back 0.28Mil share.

As at 20th Sep short position increased to 77.2Mil.

long term investor should grab the "angbow" from shorties

shorties offer u super cheap supermax share

buy more now if you got holding power

next year enjoy big profit

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 14:44 | Report Abuse

Why privatise now when can privatise 65sen/share nxt yr

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-09-21 15:03 | Report Abuse

...... from 7.00 v advised not to touch but still got diehards keep averaging down...

planta

269 posts

Posted by planta > 2021-09-21 15:05 | Report Abuse

Technical rebound soon. Expect by this Thursday.

Posted by Jonathan Keung > 2021-09-21 15:26 | Report Abuse

Supermax and TG targeted by IDSS

Posted by Habisgl0v3333 > 2021-09-21 15:28 | Report Abuse

I wonder if DJoker89 still buying and laughing.. maybe he's busy cutting loss now

ocelot

59 posts

Posted by ocelot > 2021-09-21 15:30 | Report Abuse

Windfall tax on IBs soon, IB earned easy money in RSS

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 15:35 | Report Abuse

Easy money when got willing buyer @ 4/5/6/7/8/9/10 for something worth 65sen

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 15:36 | Report Abuse

Hopefully every morning gap down this week..lelong down to 65sen

Geek2020

970 posts

Posted by Geek2020 > 2021-09-21 15:40 | Report Abuse

Comfort’s QR shows that though ASP is lower but sales volume picking up. Topglove’s QR isn’t reflective of the whole sector. I still like Harta and Supermax at the current prices

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 16:05 | Report Abuse

Comfort profit alrdy drop 30% like TG last time..wait nxt QR should be much worse

ASP drop affects everyone..just different timing

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 16:06 | Report Abuse

Share price drop also different timing..now TG drop more..nxt time supermx drop more..bumpy road down to 65sen

Posted by Habisgl0v3333 > 2021-09-21 16:29 | Report Abuse

A moment of silence for those who bought at rm10

Posted by NatsukoMishima > 2021-09-21 16:32 | Report Abuse

帮助民众买蓝筹股 纳吉建议政府刺激股市

(吉隆坡21日讯)前首相拿督斯里纳吉建议,政府应该出台计划,鼓励民众购买股票,以刺激大马低迷的股市。

他说,马来西亚今年的股市是全球第二低的股市,股市虽然在上个月政府更迭后有小幅上涨,但大马交易所今年仍是全球第6低。

他说,相信与其他国家相比,马来西亚股市被低估了,因为经济开始重新开放,而且原产品价格和制成品的出口仍然强劲。

“这也意味著,我们有机会让所有马来西亚人,共同参与我们的经济复苏。”
他说,此时股价处于低位,这意味著有许多公司支付的股息高于银行的实际服务费用。

他指出,目前3年期定期存款的年利率仅为 1.9%,而许多蓝筹股票,如国能 (4.1%)、马来亚银行 (5.6%) 和顶级手套 (5.7%),预计将支付更高的股息 。


Just read what are the stocks that Ah Jib Gor mentioned to help rakyat ! Glove stocks havent die yet , it will skyrocket again soon , the next PM after GE 16 might be Ah Jib Gor n first thing he will restart HSR project with Spore , 2nd he will push malaysia glove stocks , he is like Donald Trump familiar with stock market game !

pjseow

2,264 posts

Posted by pjseow > 2021-09-21 16:34 | Report Abuse

The market is overreacting to Topglove s last 2 QR Results which like what Geek2020 mentioned were not reflective of the overall glove sectors . Topglove Q3 earning dropped 30 % whereas the others did not drop but stabilised or some even went higher. Topglove last qtr or Q4 dropped 70 % but comfort latest QR dropped only 32 %. Topglove last 2 QRs were very much affected by the CBP ban. It lost a qtr of its revenues with the highest.ASPs plus its old orders with good ASPs. The impact is huge . With the lifting of the ban , I think Topglove will recover its lost businesses in US.

Posted by investmalaysia7777 > 2021-09-21 16:40 | Report Abuse

@pjseow, are you still good?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-21 16:53 | Report Abuse

Pjseow bla bla bla ... love your money la dsst still has condo , billions what bilis have ???

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 16:54 | Report Abuse

Can summarise pjseow BS essay in 3 words..bla bla bla

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-21 16:59 | Report Abuse

2.37 new low closing..what a bloodbath - was 3.3 early Sept now left 2.3 (30% drop less than 1 month)

Posted by Jonathan Keung > 2021-09-21 17:02 | Report Abuse

Collect 15 sen dividend.price drop 70 sen

IronShirt

3,178 posts

Posted by IronShirt > 2021-09-21 17:10 | Report Abuse

Super "man" has butter fingers....keep slipping away

rchi

20,946 posts

Posted by rchi > 2021-09-21 17:11 | Report Abuse

day day long lecture day day drop,this professor must possess a fake degree...lol

Posted by investmalaysia7777 > 2021-09-21 17:34 | Report Abuse

this year glovers all crying during this mooncake festivals. we recovery kakis all laughing while enjoying mookcakes later. dont so sad okay. take this as exprience kikiki

Posted by investmalaysia7777 > 2021-09-21 17:34 | Report Abuse

most important is listen to others hahahaha

Larn

280 posts

Posted by Larn > 2021-09-21 18:02 | Report Abuse

RSS Net Position As At 20 Sep 2021

SUPERMX 77,189,329 (2.84%)
TOPGLOV 231,327,192 (2.82%)

each day closing to limit 3%..

freddiehero

16,722 posts

Posted by freddiehero > 2021-09-21 18:24 | Report Abuse

superman our hero..

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