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 6 hours ago

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 10:50 |

Post removed.Why?

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 10:53 | Report Abuse

Don't worry la, company is profitable (even before covid) and freaking cash rich. U got cash u can do anything u like, buy over AA also can. Cash is king is always true,.

Posted by munfatt2000 > 2021-09-24 10:57 | Report Abuse

sure shorties losing direction

shorties thought can cover back 77.2mil when press down below 2.50

end up shorties lelong 2mil more share cheap cheap

waiting shorties to lelong 20mil more

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-24 10:58 | Report Abuse

Ya, no worries... Company still making money. Just keep on buying now... it is near bottom. LT can easily double from this ridiculously cheap price,

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 10:59 | Report Abuse

Pjseow openly admit (not guessing) 25% loss when price 3.3-3.5 @ average down at least 4.2++

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 11:00 | Report Abuse

Supermx alrdy announce 3.6Bil expenditure (US factory/capex)..where got any cash left do anything else

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 11:04 | Report Abuse

RHB Research Institute believes Supermax’s venture to the US is a “step in the right direction”.

“We are positive on the progress of this plan as this will enhance its branding in the US over the long term. In the US, Supermax sells its gloves under its own brand Aurelia. Pending details of the capacity, we maintain our earnings estimates. While cost of production may be higher than in Malaysia, we expect the higher ASP (average selling price) of Made-In-USA gloves to cover the increase in cost,” it said.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 11:05 | Report Abuse

Earn USD lagi bagus, hehehe. Only smart businessman like KTLim and Stanley expand in US

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 11:06 | Report Abuse

Happy to see many far sighted investor here.
Thumbs up guys....

Yes cash is king and time is gold.
What we have is plenty time to buy cheap and wait.

Shorties are all chasing time and desperate to meet their target. let's wait......

Not many can survive in this simple waiting game.
Don't be the one get axe out...

Gogogo supermaxian we are close.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 11:09 | Report Abuse

Uncle Sam will buy made in USA PPE even at higher price. How to win the trade war if keep on buying China PPE la. Uncle Sam is thinking long term la especially if war really break out.

Posted by Start_0f_the_bull > 2021-09-24 11:15 | Report Abuse

ASP fears is still very strong. Let them sell first.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 11:21 | Report Abuse

Hope 30 Sep dividend day price is below 2. Shorties please do your job ya hehehe.

Posted by munfatt2000 > 2021-09-24 11:22 | Report Abuse

haha

if shorties lelong below 2

then buy more to average the cost loh

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 11:25 |

Post removed.Why?

Posted by munfatt2000 > 2021-09-24 11:29 | Report Abuse

go go go shorties hurry lelong another 30mil more

press down to 2

Posted by Start_0f_the_bull > 2021-09-24 11:31 | Report Abuse

If shorties with the help of other shareholders to further sell it down to RM2 and below will not be a dream anymore.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 11:33 | Report Abuse

Looks like I need to wait 2.01 forever....

Sad tho, idxt naysayer shorties failed in everything.

pjseow

2,264 posts

Posted by pjseow > 2021-09-24 11:37 | Report Abuse

im7777, although both you ( 三姑) and MM( 六婆) are 鸡婆 or gossipers , I must compliment you that the 三姑 is better in getting information than
六婆。 Stay tune. I will continue to average down to below 3 when the price hit 2 and below . Another opportunity of a lifetime.
--------------------------
investmalaysia7777 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.
24/09/2021 9:59 AM

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 11:38 | Report Abuse

Bottomised signal is getting clearer by now

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-24 11:39 | Report Abuse

Shorties give me an opportunity to add to this ridiculously low price. It is Historical and I will never have such an opportunity to double or triple the investment in 2-3 years. Go down... buy some more loh...

Posted by munfatt2000 > 2021-09-24 11:39 | Report Abuse

others big shareholders clever

they might have sold it at 10,9,8

and buy back at 3,2

only shorties will sell at 2 and buy back at 5,6,7

i follow big shareholders to buy at 3,2

haha

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 11:42 | Report Abuse

With china and evergrande fears looming, glove still standing strong tanking is all good news we can have this week.

Posted by Start_0f_the_bull > 2021-09-24 11:43 | Report Abuse

Price climb higher now instead. Shorties have never failed to give you surprise.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 11:47 | Report Abuse

Price near yearly low means losses become 2x deeper everytime average down

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 11:49 | Report Abuse

No worries sure will drop below 2..just need give time few weeks

Even if rebound 10% to 2.5, main question will u take that exit..or miss exit boat again & watch it drop below 2

Posted by Start_0f_the_bull > 2021-09-24 11:57 | Report Abuse

MM why do you change the tune now? This way you can't help to push the price down faster. Correct?

Posted by munfatt2000 > 2021-09-24 11:59 | Report Abuse

shorties hint they will push to 2.50 and ask u to sell ur share to them

haha i will hold until 5,6,7 to sell back to shorties

hold do not sell cheap cheap to shorties

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 11:59 |

Post removed.Why?

Posted by munfatt2000 > 2021-09-24 12:03 | Report Abuse

79.3 Mil short position now

please lelong more share to buyer

Posted by munfatt2000 > 2021-09-24 12:11 | Report Abuse

who got no holding power

try not to involve glove sector now

got holding power buy more lelong sales from shorties

and earn good dividend and big profit future.

Posted by munfatt2000 > 2021-09-24 12:17 | 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

pjseow

2,264 posts

Posted by pjseow > 2021-09-24 12:19 | Report Abuse

Coldeye 冷眼latest book "" The Ultimate formula "" advocated 6 criteria on selecting good stocks. He added another one from his previous 5 criterias . He still maintained GROWTH as the MOST IMPORTANT criteria followed by Dividend Yield, PE Ratio and Profit Margin, ROE and Cash Flow. For easy.remembrance , they are G D P and P R C. I had elaborated on Supermx Fantastic.growth rate of 63 % per year from FY 2019 to FY 2023 at normalised state with pre pandemic ASPs. I will talk about Dividend yield in.my.next comment.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 12:19 | Report Abuse

No need rush market doesnt move str8 line down..slowly but surely will drop to 65sen

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 12:21 | Report Abuse

Alrdy drop 33% in 3 weeks now wait patiently 4 nxt leg down..can easily drop 10-15sen anytime..just need trigger

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 12:23 | Report Abuse

Drop more buy more

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 12:24 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 12:33 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 12:39 |

Post removed.Why?

winterwolf

663 posts

Posted by winterwolf > 2021-09-24 12:40 | Report Abuse

I hope your price comes true....i pray so, so that i get to buy
but some how, I am not too sure if dog mouth can find ivory...
normally dog eat shite, an old habit...so ?


Posted by MoneyMakers > Sep 24, 2021 12:33 PM | Report Abuse

Walao alrdy give fair value 65sen now want ETA somemore

Really useless want spoonfeed everything lol

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 12:53 | Report Abuse

Winterwolf Every lower price u want alrdy achieved..u pray 65sen fair price sure can get also just be patient

spermx

1,049 posts

Posted by spermx > 2021-09-24 13:03 | Report Abuse

bought back HAHAHAKEKEKEK so cheap!! worth to hold long term. wont go down as much imo

spermx

1,049 posts

Posted by spermx > 2021-09-24 13:05 | Report Abuse

there wont be a stock which go up forever, likewise, there wont be a stock go down 4eva

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 13:09 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 13:11 | Report Abuse

His mentality worst thn 5yo kid. Can't even can differentiate a statement or question.

Booo....fked up big time failure..

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 13:11 | Report Abuse

:)

ooi8888

1,650 posts

Posted by ooi8888 > 2021-09-24 13:13 | Report Abuse

I heard he stuck in supermx at RM10.00

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 13:15 | Report Abuse

I only heard he insist the doctor treat him without GLOVE.... That's why the long term side effect eating up his brain.

Poor fella

Posted by Benhobenhobenho > 2021-09-24 13:22 | Report Abuse

@spermx I agreed, stocks cannot be forever up n the reversal is true also.

Posted by investmalaysia7777 > 2021-09-24 13:31 | Report Abuse

want invest in glove also buy harta la.

Posted by munfatt2000 > 2021-09-24 13:47 | Report Abuse

yesterday said glove all habis

today ask to invest harta

haha

SHORTIES LOSING DIRECTION LIAO

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