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 15 minutes ago

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-29 22:54 | Report Abuse

Alot new snake oil sellers lately..just waiting to stab longterm glovers in the back & run after few % profit

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-09-29 23:07 |

Post removed.Why?

pjseow

2,264 posts

Posted by pjseow > 2021-09-29 23:14 | Report Abuse

The FY 2020 , FY2021 and FY.2022 are considered
Super or Extraordinay years.for.glove.makers. Supermx has already.made 526 millions in FY 2020 and another 3815 millions in FY2021. Based on the outstanding deposits or prepayments of 631 millions in.last QR , supermx still have about more than 2 billions of OLD orders.which had lock in ""old ""ASPS. I.projected FY 2022 PAT of about 2000 millions. So the total PATs for the 3 extraordinary years are about 6341 millions or 6.341 billions. This super profit is 4X of what.supermx made for the last 20 years.

What can supermx do with this huge cash ?

1. Use it for capacity.expansion . So far.1.39 billions has been committed to double the capacity to 48.billions. This 1.39 b.should be able to generate a ROA of more than.10 %.

2. Use it to pay.for dividends . A total of 31.8 sen or 865 millions has been.paid out this year. I will talk about DY in.my next topics of Coldeye stock selection criteria.

3. Keep as.Cash.in.hand temporarily to earn FD.rate or for future M and A which can potentially earn higher returns.

It is a huge.mistake for IBs not to take such cash into consideration.for their valuations.

Posted by ThePowerOfGlove > 2021-09-29 23:53 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-29 23:54 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-29 23:54 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-09-29 23:54 | 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 > 2021-09-29 23:55 | Report Abuse

singapore covid-19 cases just hit record high 1,939 cases per day on sunday

Posted by ThePowerOfGlove > 2021-09-29 23:55 | Report Abuse

vaxxing alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.

even highly vaxxed singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-09-29 23:56 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-09-29 23:56 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-09-30 00:01 | Report Abuse

shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down further

Posted by ThePowerOfGlove > 2021-09-30 00:01 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-09-30 00:02 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-09-30 00:02 | Report Abuse

New amendments to economic/finance policies leaning toward strategies positive for Bursa resurgence, including banning of RSS

Posted by ThePowerOfGlove > 2021-09-30 00:03 | Report Abuse

RSS is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-09-30 00:04 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

So govt will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

Posted by ThePowerOfGlove > 2021-09-30 00:04 | Report Abuse

RSS shorting gang are not really concerned about us losing our money

They're actually only concerned about themselves losing their money, when their scaremongering job doesn't work on us anymore & they fail to drag the stock price down further

Posted by ThePowerOfGlove > 2021-09-30 00:05 | Report Abuse

So, once suspended, RSS should not be reinstated, until Bursa is in crazy gila insane hyperbull mode again

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 00:05 |

Post removed.Why?

Posted by supermax to the Moon! > 2021-09-30 00:11 | Report Abuse

anyone has idea when rakutentrade will issue dividend for this baby stock?! i have my rm80 dividend stuck there!! TQ

Start20

2 posts

Posted by Start20 > 2021-09-30 02:05 | Report Abuse

Rakuten requires about 3 to 5 trading days.

Posted by VolatileIsMyGold > 2021-09-30 07:36 | Report Abuse

the pendulum has swung the other way

Posted by VolatileIsMyGold > 2021-09-30 07:36 | Report Abuse

shorting cartel gonna be buggered big time soon

slaughtered like there's no tomorrow

Posted by VolatileIsMyGold > 2021-09-30 07:37 | Report Abuse

fairly soon

Geek2020

970 posts

Posted by Geek2020 > 2021-09-30 08:34 | Report Abuse

Dividend sudah masuk. Reload the gun

LossAversion

1,727 posts

Posted by LossAversion > 2021-09-30 08:36 | Report Abuse

I love Supermax, Harta, and Top Glove. Just keep the stocks for now and milk the dividends until they dry up!!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-30 08:40 | Report Abuse

Buy on weakness...!

danny5678

65 posts

Posted by danny5678 > 2021-09-30 08:48 | Report Abuse

DickyMe RM3.00 is coming soon !!

Posted by munfatt2000 > 2021-09-30 08:58 | Report Abuse

14th Sep Short position 75Mil

15th Sep short position 75Mil

17th Sep short position increased to 76.4Mil.

20th Sep short position increased to 77.2Mil.

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

22nd Sep Outstanding short position 78.2Mil.

23th Sep outstanding short position 79.3Mil.

24th Sep outstanding short position 80.3Mil

27th Sep outstanding short position 80.6Mil

28th Sep outstanding short position 80.6Mil

29th Sep outstanding short position 80.9Mil

Shorties kept on lelong cheap cheap, grab more if u got holding power

Let shorties lelong cheap cheap to u, not u sell cheap cheap to shorties.

pjseow

2,264 posts

Posted by pjseow > 2021-09-30 09:04 | Report Abuse

The recent steep hike in.coal prices has resulted in many power plants in.China to limit supply of electricity to Chinese factories in.more than.15 provinces. This will increase the cost of production for gloves made in China..The.power crunch in.China is.big news . The steep hike in.natural gas recently will also excerbate the production.cost in.China. Malaysia being.LNG producers will have cost advantage . Natural gas represent 15 % of glove production.cost. The China threat is over.blown. Stay tune. The IBs will.sing a different tunes later.

planta

269 posts

Posted by planta > 2021-09-30 09:14 | Report Abuse

Don’t fret, once got the dividend, continue buying hehehe

Fklim888

1,613 posts

Posted by Fklim888 > 2021-09-30 09:39 | Report Abuse

buy and keep...

casanwk

1,496 posts

Posted by casanwk > 2021-09-30 09:39 | Report Abuse

Resistance 247
Support 239 &238

Timercheng

733 posts

Posted by Timercheng > 2021-09-30 09:47 | Report Abuse

Shorties no balls to sell at RM2

tah16600

2,646 posts

Posted by tah16600 > 2021-09-30 09:50 | Report Abuse

Kenanga TP RM 5

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-30 09:52 | Report Abuse

Slowly buy more with your hard earned dividend, US market not stable shorties will depress price further, don't underestimate shorties.

Posted by munfatt2000 > 2021-09-30 09:57 | Report Abuse

buy and hold

no margin no contra

enjoy dividend and big gain in future

casanwk

1,496 posts

Posted by casanwk > 2021-09-30 09:59 | Report Abuse

Resistance 247 & 254

RockerArm

546 posts

Posted by RockerArm > 2021-09-30 10:02 | Report Abuse

Using conservative PE 10 , its shd worths Rm 14 + long term loh!

RockerArm

546 posts

Posted by RockerArm > 2021-09-30 10:05 | Report Abuse

Shorties can't even shorts below Rm 2.20 don't talk abt 2 bucks mah!

Posted by Habisgl0v3333 > 2021-09-30 10:17 | Report Abuse

Hahahahaha!!!! Told u rebound is cummin!!!!!

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 10:21 |

Post removed.Why?

casanwk

1,496 posts

Posted by casanwk > 2021-09-30 10:21 | Report Abuse

Gogoho

Posted by fortheemprah > 2021-09-30 10:23 | Report Abuse

Hey guys, anyone heard anything about the planned Plant 18 venture in the US? The last news was that Plant 18 would kick-start in 1H2021 and commission in stages in 1H2022.

Share your insights and info guys.

casanwk

1,496 posts

Posted by casanwk > 2021-09-30 10:26 | Report Abuse

Resistance 254
Price reversal?

Posted by Learner One > 2021-09-30 10:36 | Report Abuse

Glove stocks beating rss. Reverse taking place. Remember they have to buy back the borrowed shares.

Posted by Benhobenhobenho > 2021-09-30 10:37 | Report Abuse

Too looooooooooooooooooooooooooooong pressed down. Yes price reversal has to come.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-30 10:51 | Report Abuse

fake reversal la, shorties will press down further because that is their only game plan. Don't waste your dividend buying at this price when u can buy lower next month.

Posted by munfatt2000 > 2021-09-30 10:57 | 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

Let shorties lelong cheap cheap to u, not u sell cheap cheap to shorties.

got holding power, grab more cheap ticket from shorties.

no margin no contra long term

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