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 4 hours ago

Geek2020

970 posts

Posted by Geek2020 > 2021-09-27 16:25 | Report Abuse

On a day PM announced grand plan about RMK-12, IB still pushing KLCI to close Red. Embarrassing act

Timercheng

733 posts

Posted by Timercheng > 2021-09-27 16:25 | Report Abuse

Shorties will roasted very soon

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-27 16:29 | Report Abuse

@Gtrade INARI PE 42 BUDDY WILL JOIN GLOVE kia PE2 very soon.
coutesy of RSS shortist approved by BURSA
INARI TP3.30 first batch of RSS 7.3m shares shorted
This EPF is the main culprit in glove RSS
Lets us bomb this one
27/09/2021 4:20 PM

Yup Bossku should highlight that EPF should stop lending their shares to shortists. Why sabotage own stock market?

Maxsuper

1,421 posts

Posted by Maxsuper > 2021-09-27 16:29 | Report Abuse

........ all hell will break lose soon when world is flooded with gloves... u think it's cheap now?..... owners only know how to make gloves n all excess cash will be used to have more n more factories...

Larn

280 posts

Posted by Larn > 2021-09-27 16:34 | Report Abuse

RSS Net Short Position As At 24-Sep-2021

TOPGLOV 245,152,892 (2.99%)

SUPERMX 80,335,729 (2.95%)

KOSSAN 50,297,485 (1.97%)

HARTA 49,691,006 (1.45%)

for TG & Spmx very2 near to limit already..

Timercheng

733 posts

Posted by Timercheng > 2021-09-27 16:34 | Report Abuse

Supermx got big market in US n Europe. So no worry lah!. More sales will offset lower ASP

Larn

280 posts

Posted by Larn > 2021-09-27 16:37 | Report Abuse

not even close 1mil share RSS shorting today for TG and Spmax...

TG 564,000 shares
Spmx 290,300 shares

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-27 16:40 | Report Abuse

Yes now not time for worry/fear..time to worry/fear was when price 3/4/5/6/7/8

Now the fearful event alrdy happen until suffer 50%++ losses past 3 months..too late now cannot do anything

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-27 16:43 | Report Abuse

Ya nothing to worry or fear because retailers no feeling already. They will only buy more with the dividends they earned and dividends will be very good for many many years to come.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-09-27 16:48 | Report Abuse

Oi MM, ppl no more fear or worry la. That feeling was in the past alrdy. Now bag holders are in the fighting spirit. Alrdy numb, beyond suffering.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-27 16:48 | Report Abuse

High selling pressure by retailers and funds managers today although short selling volume so low today

monetary

4,447 posts

Posted by monetary > 2021-09-27 16:54 | Report Abuse

Today no comment from form5 physicist. Which Newton law can explain today's price movement?

Posted by ThePowerOfGlove > 2021-09-27 16:58 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-27 16:59 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-27 17:01 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-09-27 17:01 | Report Abuse

shorting gang now back to having to resort to desperate pathetic old stale tak laku grandmother's windfart tax tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-09-27 17:02 | Report Abuse

singapore covid-19 cases just hit record 1,939 cases per day on sunday (yesterday)

Posted by ThePowerOfGlove > 2021-09-27 17:03 | Report Abuse

vaxxing alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good sop etc.

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-27 17:05 | Report Abuse

only wackos, nuthedds, crackos & stuppidos still believe that covid-19 gonna disappear completely in one month, just with high vaxxing rate alone

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-27 17:06 | Report Abuse

Goner break 2.00

monetary

4,447 posts

Posted by monetary > 2021-09-27 17:06 | Report Abuse

Repayment received from customer:
Q4 2020 892.37mil
Q4 2021 631.3 mil
YOY decreases 29% and yet ppl open eyes tell lie. The demand of glove still robust. May be true in the sense that demand still robust but market share for each player is diluted. So what's next? U will see newspaper publishing news like kelefe Iconic, Vizion, AT, Mahsing ect winding up their PPE segments bcoz the China wants to kill big4 and big4 kill kelefe to stay alive.

Posted by ThePowerOfGlove > 2021-09-27 17:07 | Report Abuse

vaxxing needs to be combined & integrated with restrictions, use of ppe & good healthcare measures & SOPs

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-27 17:08 | Report Abuse

Profit taking...!

monetary

4,447 posts

Posted by monetary > 2021-09-27 17:09 | Report Abuse

Q4 2020 customer's deposit 892mil translated into Q1 2021 PAT 790mil. Q4 2021 customer's deposit 631mil will translate to how much PAT? Coming Qr will be a big surprise.

Posted by ThePowerOfGlove > 2021-09-27 17:09 | Report Abuse

vaxxing alone can't do the job, as has been proven by experiences in US, UK, israel etc.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-27 17:11 | Report Abuse

No use worry/fear at this stage..alrdy 50%-60%++ loss add another 10% loss is nothing

Time to worry/fear about fundamentals & plan exit was when price 3/4/5/6/7..now too late alrdy

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-27 17:11 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-27 17:11 | Report Abuse

Ding3 2.22 new low closing..lets see if can get 2.0 by friday

tallman

924 posts

Posted by tallman > 2021-09-27 17:18 | Report Abuse

the price moment seem like all the glove are going to make huge losses but before company make losses retailers/investors are making huge losses first.

monetary

4,447 posts

Posted by monetary > 2021-09-27 17:19 | Report Abuse

everyday blame rss. hoping for more deadly variants. see facts but try to twist. open eyes tell lie. V GOOD!

monetary

4,447 posts

Posted by monetary > 2021-09-27 17:30 | Report Abuse

@tallman. market very efficient now. 5G era.

Biliskecil

760 posts

Posted by Biliskecil > 2021-09-27 17:38 | Report Abuse

Yes upcoming QR will be surprisingly low.. like TG qr… prepare for the big wash

pjseow

2,264 posts

Posted by pjseow > 2021-09-27 17:38 | Report Abuse

So what is your estimated PAT for coming QR ?
500 mils or 550 millions or 600 mils ?
---------------------------------------
monetary Q4 2020 customer's deposit 892mil translated into Q1 2021 PAT 790mil. Q4 2021 customer's deposit 631mil will translate to how much PAT? Coming Qr will be a big surprise.
27/09/2021 5:09 PM

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-09-27 17:39 | Report Abuse

glove is not the new kid on the block liao.
now is 5G...EV and anything electronic...

Supermx ah...apa jadi...got SBB ar? never believ in your own share anymore kah? or SBB when drop to 1 ringgit kah?

Posted by Habisgl0v3333 > 2021-09-27 17:53 | Report Abuse

Profit taking? Where got profit????? Tmr down some more maybe I need to stop loss already. So pain cannot tahan , I'm not glovers

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-27 18:07 | Report Abuse

Don't worry, smart people buy -nta company like airsia. dumb people buy cash rich company hehehe.

Sunyata

166 posts

Posted by Sunyata > 2021-09-27 18:24 | Report Abuse

Once reached 3% means cannot short anymore right?

Sunyata

166 posts

Posted by Sunyata > 2021-09-27 18:27 | Report Abuse

Hmmm... Wonder what will happen to the price once reach 3% cap

klee

3,524 posts

Posted by klee > 2021-09-27 18:45 | Report Abuse

Day day die.Day day more reasons come out why it shud not die.Hilarious.

klee

3,524 posts

Posted by klee > 2021-09-27 18:47 | Report Abuse

By the time they wake up n found their so called reasons tak boleh pakai,they are ady planting tulips

oskchoon

3,186 posts

Posted by oskchoon > 2021-09-27 19:29 | Report Abuse

Supermax TP price of RM 3.15 whereas current price of RM 2.20 with cash holdings of RM 1.30 per share, you are paying only RM 0.90 for the international Glove ventures, more acquisitions and news of building Glove factories in America will be add advantage to Supermax compared with China based...

klee

3,524 posts

Posted by klee > 2021-09-27 20:51 | Report Abuse

Wow target 315 so damn sure ka?msny ppl must be stupud to sell it

klee

3,524 posts

Posted by klee > 2021-09-27 20:55 | Report Abuse

As if stock mkt is as simple ABC.

Posted by Start_0f_the_bull > 2021-09-27 20:55 | Report Abuse

Habisgl0v3333 Profit taking? Where got profit????? Tmr down some more maybe I need to stop loss already. So pain cannot tahan , I'm not glovers
27/09/2021 5:53 PM
-----------------------------------
So funny, gloves counters shareholders mean glovers.
Where got any counter after bought sure will climb up next days?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-27 21:00 | Report Abuse

Heavy selling even with low RSS volumes as short term traders cut loss and local institutions keep disposing glove shares

Geek2020

970 posts

Posted by Geek2020 > 2021-09-27 21:15 | Report Abuse

Epf just bought 1 mil shares of Hartalega..

Posted by Start_0f_the_bull > 2021-09-27 21:16 | Report Abuse

Gloves makers will not close shop but don't know at what share price is the bottom but definitely not that j__k_r wrote that it will drop to 65c.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-27 22:02 | Report Abuse

Still waiting 2.01

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-27 22:10 | Report Abuse

2.01 oso dun buy. Equivalent to 4.02 b4 bonus. Used to trade 1.3x b4 pandemic

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-27 22:14 | Report Abuse

Shut up shxtfinder.....don't need your stinky comment.
Shuuu......go find your shxt hole in AA .......LOL

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