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 7 hours ago

Posted by Start_0f_the_bull > 2021-09-23 20:30 | Report Abuse

A doctor teaches you how to invest, how much can you expect from him?

Geek2020

970 posts

Posted by Geek2020 > 2021-09-23 20:48 | Report Abuse

If Stanley says he is acquiring a semiconductor factory, Supermax will jump 100%.. haha

Posted by Start_0f_the_bull > 2021-09-23 20:54 | Report Abuse

Last year when a company announced that it is acquiring a glove factory its share jumped.
Now it could be the other way round. It is called 'wind of change'. Ha ha

Posted by NatsukoMishima > 2021-09-23 20:57 | Report Abuse

副财长:政府不随便征收暴利税 须顾及国内外投资者

(吉隆坡23日讯)财政部第一副部长莫哈末沙哈阿都拉指出,政府在是否征收暴利税一事上必须谨慎行事,因为在落实新的税收政策时,必须考虑国内外投资者的意愿。

“我们不可以在不考虑大环境,就冒然征税。我们必须研究,国内投资者或外国投资者是如何投资的。”

他说,如果有新的政策或新的税收措施涉及暴利税,这会影响公司投资者在我国投资的承诺或意愿。因此,我们必须谨慎行事。”

他是今日在国会下议院问答环节,针对麻坡国会议员赛沙迪询问,政府橡胶生产公司是否被征收暴利税 一事,如是回应。

Posted by luckylaki > 2021-09-23 21:19 | Report Abuse

tudemun

MoneyMakers

7,647 posts

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

Any braindead part-time dimwit can become ‘guru’ during bullrun..when bear market only can differentiate real guru vs part-timers

Even here still many nutheads erroneously trying to justify bullcase even tho alrdy gone case

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-09-23 21:25 | Report Abuse

...... when even the market can't be bothered by how much a company has cash in hand you know it's time to let go......

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-23 21:36 | Report Abuse

dsst + the glove bosses are not traders , their cashpile is for their businesses , M&As etc all another fantasy , why they spend further/sbb , for you all to CL???

pjseow

2,264 posts

Posted by pjseow > 2021-09-23 21:37 | Report Abuse

STOB, I think it is better for supermx to acquire Comfort, Careplus and Rubberex . Their total market caps are 1991 millions or about 2 b. Their total yearly earnings for the last 4 qtrs are about
1.15 b . Their total capacities plus future expansions are as big as supermx. With such acquisitions, supermx will be bigger than Harta. Supermx can also use its OBM models on these productions qty which can.improve its margins.
Supermx cash is 3.78 b which is more than.enough to acquire these 3 companies.

pjseow

2,264 posts

Posted by pjseow > 2021-09-23 21:42 | Report Abuse

If MM and his gangs work harder , the total market caps for these 3 companies may drop to 1 b . Then supermx 3.78 b can buy morw such companies and become as big as Topglove .

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-23 21:57 | Report Abuse

Pjseow stil alive? I thought oredi in cofin with gloves. Haha

albertyek

485 posts

Posted by albertyek > 2021-09-23 22:05 | Report Abuse

my friend a Tan Sri from Ayer Tawar Perak told me to speak out my mind here..so to those who have bought this counter way back at RM5.00 should be tying Supermax gloves end to end to make an elastic rope to be used for bungee jump of menara PNB 118 before it is open. Sekian.

Solomon7

370 posts

Posted by Solomon7 > 2021-09-23 22:28 | Report Abuse

Possible M&A in gloves biz very soon... Stay tune

Posted by Habisgl0v3333 > 2021-09-23 23:12 | Report Abuse

Supermx obm model is the most capital inefficient. That's why they stay 4th place always.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-23 23:23 |

Post removed.Why?

MoneyMakers

7,647 posts

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

65sen come 1st before any M&A (very unlikely)

MoneyMakers

7,647 posts

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

Why would any glove boss sell glove biz..none having any cashflow issues

Only practical reason 4 M&A is cannot survive China competition..which means share price will drop even more

MoneyMakers

7,647 posts

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

Supermx also no money to buy anyone..after spend 3.6Bil for US factory, cash left 0

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-23 23:35 | Report Abuse

No money borrow lah, banker will help push up price if got business give them.

KooSan

539 posts

Posted by KooSan > 2021-09-24 00:07 | Report Abuse

Another MCO for Malaysia.....MCO 5.0. U believe or not

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-09-24 00:19 | Report Abuse

with vaccine in abundance......glove is not necessity liao...somemore so many competitor in the market.

Glove with hefty discount will soon drop bottomless.

Biliskecil

760 posts

Posted by Biliskecil > 2021-09-24 01:07 | Report Abuse

December 2020 supermax rm7… can they challenge rm0.7 at December 2021!?

wolfbroker

537 posts

Posted by wolfbroker > 2021-09-24 01:14 | Report Abuse

Has become one of bad counter

Posted by MoneyMakers > Sep 23, 2021 11:26 PM | Report Abuse

Supermx also no money to buy anyone..after spend 3.6Bil for US factory, cash left 0

kk7198

2,504 posts

Posted by kk7198 > 2021-09-24 05:26 | Report Abuse

@wolfbroker, yes no longer Supermax but has turned to Badmax or Rottenmax.

Posted by Start_0f_the_bull > 2021-09-24 06:46 | Report Abuse

Solomon7 Possible M&A in gloves biz very soon... Stay tune
23/09/2021 10:28 PM
-----------------------------------------------
Merger and acquisition may not help to save gloves manufacturers. Which smaller gloves makers want to be taken by the bigger one while their balance sheet is strong now? It could only help those companies that are having financial constraints such as those smaller banks taken over by the bigger one (big eat small) during 1998 financial crisis. Remember EON Bank, Pacific Bank, Oriental Bank and other smaller banks?
The ASP declining is due to oversupply issue. Magma predicts 10% to 15% gloves demand increases annually maybe true but the supply maybe increasing at a faster pace instead.

Posted by Mr.Sm Invest123 > 2021-09-24 08:14 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-24 08:41 | Report Abuse

Oversold...

myinvestor

1,218 posts

Posted by myinvestor > 2021-09-24 08:47 | Report Abuse

Based income (PAT) FY screening, Supermax is in 4 position of Klci. Supermx OBM still the best income in term production capacity.

1. TG 7.871b 100B Capacity
2 Maybank 6.481b
3 PBB 4.872b
4 Supermax 3.813b 27b capacity
5 Tenaga 3.593b.
6 Harta 2.886b 38b capacity

18 Kossan 1.087b 32b capacity.

Geek2020

970 posts

Posted by Geek2020 > 2021-09-24 08:53 | Report Abuse

Supermax may still surprise everyone with a long term US government contract with locked price, so they wont be susceptible to ASP decline. This is no secret as Supermax made announcement few months ago that details will soon come

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-24 08:55 | Report Abuse

Retailer are the biggest looser....!

Larn

280 posts

Posted by Larn > 2021-09-24 08:59 | Report Abuse

RSS..what you borrow..you need to return back..dont run away..

RSS..until you return back you borrowed shares, you only PAPER PROFIT..dont run away..

RSS..bring it on 0.01sen..i will bolot as much as i can..

Posted by munfatt2000 > 2021-09-24 09:00 | Report Abuse

As at 14th Sep 21 Short position 75Mil share

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

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

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

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

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

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

Shorties lelong 1Mil and bought back 1Mil 21st Sep.

21st Sep short position as high as 77.2Mil share.

22nd Sep shorties lelong another cheap cheap 1mil share to long term investor again. Outstanding short position 78.2Mil.

23th Sep shorties lelong another 1mil cheap cheap, outstanding short position 79.3Mil.

long term investor should grab the "angbow" from shorties

shorties offer u super cheap supermax share

buy more now if you got holding power

enjoy high dividend and next year enjoy big profit

Posted by NatsukoMishima > 2021-09-24 09:03 | Report Abuse

(新加坡23日讯)新囯今日新增1504起确诊病例,再次创下单日新高,累计病例达到8万2860起。

新加坡卫生部发文告指出,截至今日中午12点,新囯新增1504起确诊病例,当中包括1491起本土感染病例及13起输入型病例。

新国病例连续三天超过千,今日的1491起本土病例中,1218起是社区病例,另外273起来自客工宿舍。 社区病例中,343人是年过60岁的年长者。

Larn

280 posts

Posted by Larn > 2021-09-24 09:15 | Report Abuse

RSS they just dumping shares they borrowed...they make you run away from the stocks, so that later they will eventually buy back at super cheap price to return all shares they borrowed from their lender..

We wait till their time upss...what ever rock bottom price it will be..after that price will expand and shoot back to the roof..

Until then..wait patiently sideline..

tah16600

2,646 posts

Posted by tah16600 > 2021-09-24 09:18 | Report Abuse

Safe to top up now after dropping more 10 trading days

planta

269 posts

Posted by planta > 2021-09-24 09:25 | Report Abuse

If govt really ban rss, these shorties sure in chaos. Chasing to buy high.
Rss ban is possible since election is near. Hehehe.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-24 09:30 | Report Abuse

Epf keep throwing tix our ambassadors here keep buying/avg down ... kudos

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-09-24 09:42 | Report Abuse

Still don't know what hits you ? 5 factors....So much to learn and pick up here since last year. Even 2-3 days ago, you can easily save 30 cents if you are willing to read and digest.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-24 09:56 | Report Abuse

Yalor their whole lives 24/7 only glovesx3 ... dei so many uptrend ctrs out there

Posted by investmalaysia7777 > 2021-09-24 09:57 | Report Abuse

not only 30 cents. Its more than RM3 per share they can save. We've told them since Rm7 or RM8. they dont want to listen. now they pay the price

Posted by investmalaysia7777 > 2021-09-24 09:59 | Report Abuse

you see pjseow. keep sticking to his methodology of PE la, cash la, future expansion la this and that. in the end also kena burn gao gao. His price should be around RM3 to RM3.5. market is all about sentiment. It dont care what you think. and what you think won't affect market. So just go with it and not against it.

Posted by munfatt2000 > 2021-09-24 10:10 | Report Abuse

shorties lelong 79.3mil share cheap cheap ah

if RSS ban, shorties cry to buy sky high price to cover back 79.3Mil

haha

bigfan01

60 posts

Posted by bigfan01 > 2021-09-24 10:16 | Report Abuse

Seriously, after dropped frm rm12 to rm2.20 (80% down), still so many dreamers here blaming for RSS attack .. time to wakeup, dont wait til it reach rm1 , u ll b regret haizzzz

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 10:26 | Report Abuse

Pjseow price at least 4.2..remember he alrdy 25% loss when price 3.3-3.5

chkhooju

1,706 posts

Posted by chkhooju > 2021-09-24 10:27 | Report Abuse

Investors must be realistic. Don't live in a slumber land.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 10:30 | Report Abuse

Fair value 65sen more possible than rss ban (working as intended)

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 10:33 |

Post removed.Why?

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-09-24 10:38 | Report Abuse

..... Pjseow price is 4.90....when super hit 6.0+ for the 3rd time he said he didn't bother to sell coz he believed it should be much higher....

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 10:49 |

Post removed.Why?

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