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

It is getting closer and closer to the bottom. Hopefully it will reach there very soon to kick out most of the contra players.

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-21 19:50 | Report Abuse

Stil got waterfishhh buy gloves ka? Haha

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-21 19:50 | Report Abuse

Itu sooohai pjseow tonefa wil75 stil got bilions bulet to suport ka?

Geek2020

970 posts

Posted by Geek2020 > 2021-09-21 20:12 | Report Abuse

I have been a Glove pessimist since early this year but I think the selling is overdone due to persistent RSS. Market currently ignoring the cash pile that Supermax is sitting on, has no debt, profitable few quarters ahead.

monetary

4,447 posts

Posted by monetary > 2021-09-21 20:27 | Report Abuse

hit bottom so wat? small rebound then side way for 2yr. happy to put your money on jail?

Posted by Start_0f_the_bull > 2021-09-21 20:49 | Report Abuse

Every stock has its value, otherwise it will be quoted as 0.5c in KLSE. Selling pressure is very strong for glove counters now. The problem is when and at what price the selldown will stops.

Posted by Start_0f_the_bull > 2021-09-21 20:55 | Report Abuse

Small rebound, no rebound, sideway for 2 years and whatnot is not the problem as long the return from investment is better than putting money in FD.
Moreover, is it not many people are still happy to put their money in FD?

skyu

2,497 posts

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

aiseh gua is the water fish, just reentry from 2.75.

Posted by Start_0f_the_bull > 2021-09-21 21:13 | Report Abuse

If no rebound only can confirm you are waterfish lorr. Who knows?

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-09-21 21:23 | Report Abuse

.........got rebound... 20% rebound.... @1.50

monetary

4,447 posts

Posted by monetary > 2021-09-21 21:39 | Report Abuse

StartOTbull. U says that bcoz u belong to the old school. U fail to see what the new generation of fund managers see. Brent oil good but o&g counters not performing. CPO historical high but oil palm stocks stagnant. What used to work in the past no longer work now.

MoneyMakers

7,647 posts

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

Walao now even got glover pretend as ‘glove pessimist’ lol

Company got no cash 4 shareholders..debt-free doesnt affect share price..future profits can only support 65sen valuation

MoneyMakers

7,647 posts

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

Glovers only HOPE bottom is near..realistically, can be 3 more red days this week

Posted by Mr.Sm Invest123 > 2021-09-21 22:26 | Report Abuse

GG, better advise fb live Dr Dr la.... hahaha

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-21 22:28 |

Post removed.Why?

Posted by Habisgl0v3333 > 2021-09-21 23:22 | Report Abuse

Glovers blaming rss in their cave group, writing more essay, stating how comfort is selling nta value. The problem is in future, they have more competition, asp drop kaokao

Posted by Habisgl0v3333 > 2021-09-21 23:24 | Report Abuse

When u take good and bad market advice u are rational,.when u only take good advice from glovers u are an ostrich

Posted by munfatt2000 > 2021-09-22 08:50 | 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 2.37 - 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.

Shorties short 1Mil and bought back 1mil 21st Sep.

As at 21th Sep short position remained 77.2Mil.

if you do not sell at this lelong price, shorties cannot cover back 77.2mil

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%)

pjseow

2,264 posts

Posted by pjseow > 2021-09-22 08:50 | Report Abuse

Inari is just a subcon house depending solely on its customer Broadcom. Inari do not have its own product. Inari was " created " by Avago in 2005 . Broadcom can "" create"" another second source subcon if they want. Broadcom or former Avago is the the one which has the state of the art products not inari. The number one product Fbar filter has been built by Globetronics subsidiary before.
----------------------------
investmalaysia7777 LOL, you know how big is 5G market? does inari got more competitors coming in like what happened in gloves?
21/09/2021 9:31 AM

Posted by Jonathan Keung > 2021-09-22 09:01 | Report Abuse

Munfatt : shared your feelings. Unbelievable Supermax drop to current price { 2.37 } despite sterling records. Shorties using IDSS is killing the golve makers. Borrowing costs and paying interest is nothing compared to their killings. Selling pressure and unfavourable IB's reviews contributed to all the bad perceptions

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-22 09:03 | Report Abuse

Down trend...!

Posted by Start_0f_the_bull > 2021-09-22 09:17 | Report Abuse

Uptrend instead?

Larn

280 posts

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

RSS still active, beware..maybe retail seller not many anymore, they need to pump and dump to trap new retailers..

Posted by munfatt2000 > 2021-09-22 09:25 | Report Abuse

buy more if you got holding power.

shorties offer you cheap cheap share why not grab some.

if you cannot hold for half yr to 1 yr, then avoid it.

i am holding for high dividend and further big capital gain

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-22 09:32 | Report Abuse

If up a lot..gloves stock will be ask to pay windfall tax...!

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-22 09:33 | Report Abuse

Prepare to hold long term if you buy (I am). it is a long game (could be few years). U never know how low they will press down the price, there are no rules for those bustard shorties. If u are buying because u think price is at the bottom then think again, bottom price is in those bustard shorties head, you can never beat them, I found out the hard way.

Posted by munfatt2000 > 2021-09-22 09:37 | Report Abuse

buy at low price and put into freezer

every Q enjoy the high dividend

haha

Larn

280 posts

Posted by Larn > 2021-09-22 09:39 | Report Abuse

RSS still active, not bottom yet, could be difficult to get volume seller already..so they pump morning and dump afternoon..

Posted by munfatt2000 > 2021-09-22 09:42 | Report Abuse

if there is another final dividend 15 Cents, then i enjoyed three high dividend 0.13, 0.15, 0.15 = RM 0.43

Posted by I3deletemycomment > 2021-09-22 09:46 | Report Abuse

They not only bearish tones but also positif view to get you buy.
Ban rss

Posted by munfatt2000 > 2021-09-22 10:01 | Report Abuse

no matter how shorties pump and dump now

retailer dare to buy in mean they r ready to hold long term

short term retailer no more in glove sector liao loh

haha

Posted by Habisgl0v3333 > 2021-09-22 10:02 | Report Abuse

Bull trap

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-22 10:02 | Report Abuse

Technical rebound already.

Posted by munfatt2000 > 2021-09-22 10:05 | Report Abuse

today shorties so quiet no barking

Sunyata

166 posts

Posted by Sunyata > 2021-09-22 10:06 | Report Abuse

Need to see evening, these buggers maybe setting trap again, already few times morning up, evening sell down lagi.. Sian

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-22 10:06 | Report Abuse

Rebound 1 day down 20 days, go see the chart. Chart does not lie.

Citadel12

1,045 posts

Posted by Citadel12 > 2021-09-22 10:07 |

Post removed.Why?

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-22 10:11 | Report Abuse

I suspect shorties drawing up evil plan now to trap those loyal supporters who will get their dividend on 30 Sep. Those bustard shorties sure know loyal supporters will average down by dumping their dividends into supermax in Oct. I don't care trap or not, I will buy more after get my dividend, no way back for me.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-22 10:16 | Report Abuse

Hope all shareholders will buy more after get their dividend on 30 Sep, so shorties if u are reading this please help to press down price.

Posted by munfatt2000 > 2021-09-22 10:18 | Report Abuse

if u r long term then buy more when shorties offer u lelong price

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-22 10:31 | Report Abuse

Long term holder many still holding 5+/6+/7+

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-22 10:37 | Report Abuse

Malaysia is worst performing market in the world but allow RSS to make retailers poor instead of the other way around. Retailers poor how to improve Malaysia economy. Really brainless government.

Posted by greatinvestor1 > 2021-09-22 10:39 | Report Abuse

Make Bursa Malaysia Great Again. Supermax Go Go Go

kotatata

58 posts

Posted by kotatata > 2021-09-22 10:46 | Report Abuse

Fast fast buy, later no chance .... ;)

Posted by investmalaysia7777 > 2021-09-22 10:47 | Report Abuse

With money, whatever business also can be created. Depends on large corporations want to do it or not. The issue not many companies will create another Inari, Frontken, UWC or Greatech. But many companies are creating another Supermax. Even governments want to build glove factories.

----------------------------
pjseow Inari is just a subcon house depending solely on its customer Broadcom. Inari do not have its own product. Inari was " created " by Avago in 2005 . Broadcom can "" create"" another second source subcon if they want. Broadcom or former Avago is the the one which has the state of the art products not inari. The number one product Fbar filter has been built by Globetronics subsidiary before.
----------------------------
investmalaysia7777 LOL, you know how big is 5G market? does inari got more competitors coming in like what happened in gloves?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-22 10:49 | Report Abuse

Alrdy know price going down, still want use div to topup..ownself making ownself poor with poor decisions but blaming others aiyoyo

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-22 10:52 | Report Abuse

As usual, morning fake topup announcements..everyday got

No worries sure will drop more given time..can collect all the way down to 65sen (prepandemic price)

myinvestor

1,218 posts

Posted by myinvestor > 2021-09-22 10:53 | Report Abuse

Datuk Syed Zaid Albar, Chairman of the SC said, “Malaysia is now at a critical juncture in our post-pandemic journey. It is imperative for the capital market to continue to support the economy as we transition into an inclusive and sustainable nation. The progress in the capital market cannot be measured solely by growth and size, as it also has to serve the underlying needs and aspirations of the country and its people.”


SC head is joker, the growth of capital market is not solely based on market size. That's why the klci index is stagnant and it never grow.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-22 10:54 | Report Abuse

moneymakers don't worry about poor retailers u heartless bustard. I will keep on buying until the day price is zero. Please help to press down price ya, thanks in advance.

Posted by investmalaysia7777 > 2021-09-22 11:00 | Report Abuse

good luck

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