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

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

China government suddenly ordered all industries which are high consumed energy to stop production immediately , this includes rubber , garment , metal ....

Posted by investmalaysia7777 > 2021-09-24 13:50 | Report Abuse

lol what losing directions? all the while we also say harta is a better choice. please refer back to previous messages

pjseow

2,264 posts

Posted by pjseow > 2021-09-24 13:51 | Report Abuse

IM777 , not at such.supermx price. Let the numbers do the talking. Will.show you later after I average down to less than 3 .
-----------------++--------------------
investmalaysia7777 want invest in glove also buy harta la.
24/09/2021 1:31 PM

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 14:05 | Report Abuse

Aiyoo djoker u alrdy stuck soo high since last yr, no hope 4 u alrdy

Suggest u just uninstall app 10yrs..no need everyday see price keep dropping

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 14:06 | Report Abuse

Last yr up to rm12..now coming back down to 65sen..up/down cycle complete

Posted by munfatt2000 > 2021-09-24 14:08 | Report Abuse

support MM to lelong more supermax

go go go

haha

Posted by greatinvestor1 > 2021-09-24 14:23 | Report Abuse

GO GO MONEYMAKER. We support You

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 14:33 | Report Abuse

@DJoker89 Hahahahaha MM change his TP also from 0.65 to below 2

Hahahahahah, no spine fella. So shaky
24/09/2021 11:59 AM

Haha that guy everyday having his 65sen premature ejaculation fantasy, but I don't think he truly believe in it, so this is the proof. Just below RM2 may happen if the blardi shortist want to do it, but they will need to burn more of their limited bullets.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 14:34 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 14:35 | Report Abuse

Ohhh no....how long to wait 0.65

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 14:37 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 14:38 | Report Abuse

Looks like today shortists are targetting Harta and Kossan becos they have more bullets there. They are taking turns rotating the shorting on the Big4.

Posted by munfatt2000 > 2021-09-24 14:38 | Report Abuse

2.50 is on the way

hold and don't sell cheap cheap to shorties

shorties try grab ur share at this level and press down again

let shorties lelong their bullet (30mil)

and buy back at 5,6,7

haha

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 14:47 | Report Abuse

Yup don't sell cheap cheap to them, let them sell cheap cheap to us. Just waiting for Stanley to transfer some funds to me then I will sailang again.

Posted by NatsukoMishima > 2021-09-24 14:47 | Report Abuse

进口劣质“快筛包”显示准确率99% 害日本上班族全家染疫

日本厚生劳动省(卫生部)正针对“医疗用”的新冠抗原快筛试剂盒推动市面销售。但目前,在日本药局或网路上已经早一步开卖未被政府承认的“研究用”快筛包,因为检查流程非常简单,而被民众广泛使用。

不过,日本最近却出现一些家用快筛检测呈阴性,后来又遭确诊的案例,虽然并非所有快筛包都是劣质品,但部分快筛确实有“夸大表示”的情况,包装外面显示“准确率达99%”,因此厚生劳动省也呼吁不要太相信市面贩售快筛的检测结果。


Do u still dare to buy cheap cheap PPE for protection ??

pjseow

2,264 posts

Posted by pjseow > 2021-09-24 14:51 | Report Abuse

MM, what happened? I waited and waited for below 2.20 but it went up instead. I have no choice but to buy 100k first at 2.30 . Next week can get below 2.00 ?
--------------------
investmalaysia7777 want invest in glove also buy harta la.
24/09/2021 1:31 PM

Posted by munfatt2000 > 2021-09-24 14:51 | Report Abuse

Toneefa

Yup let shorties lelong to us

we buy cheap cheap and hold

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 14:53 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-09-24 14:53 | Report Abuse

ToneeFa Looks like today shortists are targetting Harta and Kossan becos they have more bullets there. They are taking turns rotating the shorting on the Big4.
24/09/2021 2:38 PM
-----------------------------------------
The price usually rise or down in tandem with other gloves counters, the shorties know this very well. Hope investors behavior will change this time.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-24 14:55 | Report Abuse

pjseow since you idolise coldeye so much nah refer to this (minute 9) don't selective watching o

https://www.youtube.com/watch?v=1SxOuNfEMKM

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-24 14:55 | Report Abuse

see how you decipher this ...

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-09-24 14:56 | Report Abuse

is this the same coldeye or hoteye, warmeye haha

Posted by Start_0f_the_bull > 2021-09-24 14:59 | Report Abuse

Rubberex boss angry already, now aggressively buying back the company shares. LOL

TheContrarian

9,476 posts

Posted by TheContrarian > 2021-09-24 15:03 | Report Abuse

Come buy Rubberex.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-24 15:05 | Report Abuse

Beware of trap, shorties won't so good heart let price go up without sinister plan.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 15:17 | Report Abuse

maybe the trapper may get trapped instead at the end.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 15:18 | Report Abuse

Aiyoyo everyday got fake topup announcement..never miss

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 15:23 | Report Abuse

Alot sensitive glovers today..65sen is prepandemic fair value, not i simply create dont angry with me lol

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 15:28 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 15:31 | Report Abuse

@MoneyMakers Alot sensitive glovers today..65sen is prepandemic fair value, not i simply create dont angry with me lol
24/09/2021 3:23 PM

MM u hv made urself a heartless id dxxt that every glovers love to hate, and yet u want to pretend innocent. U really a joker la

pjseow

2,264 posts

Posted by pjseow > 2021-09-24 15:35 | Report Abuse

GloveOff, Thanks for forwarding the video. You understand Mandarin? His key takeaways are.
1. Take.contrarian.approach
Buy when peoples are fearful . Buy low and buy cheap.
2. Keep for 1 to 3 years or medium.term view.
3. Looks for good fundamental.stocks which can give high dividend yield.
4. Gloves industry are growing industry. At between 8 to 11 %.
5. Gloves super.high earnings period will be over. ASP will come down to stabilised level.
6. Br careful of technology stock .

I.agree with his views above.
-----------------------
GlovesOff pjseow since you idolise coldeye so much nah refer to this (minute 9) don't selective watching o

https://www.youtube.com/watch?v=1SxOuNfEMKM
24/09/2021 2:55 PM

GlovesOff see how you decipher this ...
24/09/2021 2:55 PM

GlovesOff is this the same coldeye or hoteye, warmeye haha
24/09/2021 2:56 PM

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 15:36 | Report Abuse

I think today the shortists are learning a big lesson, u can see, even MM their spokesperson realize that not easy to press below RM 2. That's why he is pulling back on his 65sen premature ejaculation fantasy and indirectly trying to apologize for his insensitive 65sen BS everyday for the past few months, by asking us not to be angry with him. For those who have been in this forum long enough, that really sounds like a big joke, don't u think?

Posted by Start_0f_the_bull > 2021-09-24 15:38 | Report Abuse

MM, 65c is already a gone case. For goodness sake I suggest you just forget about it to avoid further embarrassment.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 15:38 | Report Abuse

Rss is just market self-correcting mechanism..if rss allowed last yr, supermx would nvr reach rm12

Now rss (functioning as intended) bringing gloves down to fair value 65sen

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 15:41 | Report Abuse

For a long time we have not seen such a disparity between the Big4 prices, I mean when was the last time u see Harta -0.16 but TG +0.06? What does that mean? To me without direct RSS the shortists' sharks are having tough time trying to press down the price. And MM knows that as well, likely bcoz he represents one of the sharks.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 15:43 | Report Abuse

Aiyarrr wanker ur TP is far off from the actual la.
That's why I give you NO ETA to achieve ur dream hole.

Let's talk bout 2.00 first since u so lousy in doing your job.

Mana? How long I need to que?

Posted by greatinvestor1 > 2021-09-24 15:44 | Report Abuse

MM we support u, Do your job Well

Posted by Start_0f_the_bull > 2021-09-24 15:49 | Report Abuse

With limited funds to top up, shareholders of Harta and Kossan hands are tied. The only way to fight back maybe just hold it to avoid helping the shorties to further drag down the price.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-24 15:53 | Report Abuse

@MoneyMakers Rss is just market self-correcting mechanism..if rss allowed last yr, supermx would nvr reach rm12

Now rss (functioning as intended) bringing gloves down to fair value 65sen
24/09/2021 3:38 PM

RSS is currently being overly abused to victimize many genuine investors who are value investors, basing on fundamentals. Pity those who use margin accounts. MM, u must realize u hv a lot of blood in ur hands. The same hand that u use to jerk off to ur 65sen fantasy, is lubricated with the blood of ur victims. The bad karma Mr H K C will come knocking on ur door very soon.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 15:54 | Report Abuse

pjseow GloveOff, Thanks for forwarding the video. You understand Mandarin? His key takeaways are.
1. Take.contrarian.approach
Buy when peoples are fearful . Buy low and buy cheap.
2. Keep for 1 to 3 years or medium.term view.
3. Looks for good fundamental.stocks which can give high dividend yield.
4. Gloves industry are growing industry. At between 8 to 11 %.
5. Gloves super.high earnings period will be over. ASP will come down to stabilised level.
6. Br careful of technology stock .

I.agree with his views above.
-----------------------
GlovesOff pjseow since you idolise coldeye so much nah refer to this (minute 9) don't selective watching

_---------------

@Gloveoff , you getting pjseow help to clarify the video? Please say thanks to him to highlight those important points to you the ignorant.

:) ....give a hug if u want....we don't mind.

danny5678

65 posts

Posted by danny5678 > 2021-09-24 15:57 | Report Abuse

KunjuBC RM3.00 is coming soon !!

winterwolf

663 posts

Posted by winterwolf > 2021-09-24 16:01 | Report Abuse

Self correcting Mechanism ?... you really a joker. RSS is a manipulative tool, a gambling tool created for certain group of people who contribute nothing to the wellbeing of a company, using the low of a economic cycle to artificially created a fake appearance. RSS in short words, are parasitic tools meant for the parasites..

Your 65 sen fair value derived from 2x65 = 1.30...the average trading price range of Supermax prior to the pandemic is just a hogwash to satisfy your big ego. Wonder if you read the financial statement of Supermax ? What happens to all those lumpsum borrowings ? almost all gone, more or less debt free for all the assets the company holds....and also the 3.7 billions hard cold cash in the accounts is never in your consideration. NTA of 1.82 sen with 1.40 is in the form of cash, but your barking of prepandemic fair value of 65 sen day in and day out only shows where you stand.

Posted by MoneyMakers > Sep 24, 2021 3:38 PM | Report Abuse

Rss is just market self-correcting mechanism..

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-24 16:06 |

Post removed.Why?

Gerrardo

630 posts

Posted by Gerrardo > 2021-09-24 16:08 | Report Abuse

Just stay away from gloves. That's the only way

Posted by Start_0f_the_bull > Sep 24, 2021 3:49 PM | Report Abuse

With limited funds to top up, shareholders of Harta and Kossan hands are tied. The only way to fight back maybe just hold it to avoid helping the shorties to further drag down the price.

winterwolf

663 posts

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

Actually, it is not to bash him, but his incessant illogical repetitive barking ( the only word in English that is most apt to describe his action) is serving no purpose other than being an irritant.

MC33

182 posts

Posted by MC33 > 2021-09-24 16:14 | Report Abuse

I am relative newbie but RSS is NOT a market self-correcting mechanism , only a person with 0 knowledge of basic economics would make a comment like that.
MMker seems to be a very mean person , wonder why s he so vicious , if ordinary people lose money why would you be happy .
I am queing at 2.20 still cannot get .

MC33

182 posts

Posted by MC33 > 2021-09-24 16:17 | Report Abuse

Kindly read , someone already put link re shorting and why hedge managers do it.
Alternatively watch the movie The Big Short , very entertaining .

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 16:19 | Report Abuse

Tunafa Rss just doing its job @ correcting supermx to fair value 65sen

Genuine investors are not victims of rss..instead they’re victims of self-proclaimed ‘guru’ like u who protray supermx as being valued higher than 65sen (prepandemic value)..Their blood on ur hands..karma Mr H K C coming 4 u

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-24 16:20 | Report Abuse

Winterwolf Debtfree/NTA doesnt affect valuation..3.7Bil cash not 4 shareholders (US factory money)

With ASP prepandemic level, going forward will profit/cashflow be different from prepandemic level - NO

So why should share price/valuation be higher than prepandemic level 65sen

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