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 37 minutes ago

Posted by FortuneBlooming > 2021-09-30 12:58 | Report Abuse

global population right now growing at 90 million per year

this growth, just like your fd interest, is compounded over time

so, in just 7 more years, there's gonna be another 1 billion people on this planet

5231428

611 posts

Posted by 5231428 > 2021-09-30 13:11 | Report Abuse

From pendamic to endemic,we have to live with the virus so looks like everyone have to use gloves.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-30 13:23 | Report Abuse

Today rebound again

Keyman188

5,968 posts

Posted by Keyman188 > 2021-09-30 13:35 | Report Abuse

No plans to impose windfall tax on glovemakers, sectors that made extraordinary profits during Covid-19 pandemic, says Tengku Zafrul

(theedgemarkets.com / September 30, 2021 13:26 pm +08)


## https://www.theedgemarkets.com/article/no-plans-impose-windfall-tax-glovemakers-sectors-made-extraordinary-profits-during-covid19



Amboi...no chance to get lower liao...

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-30 13:42 | Report Abuse

No windfall tax expected as ASP down 30% every quarter

FairTalk

376 posts

Posted by FairTalk > 2021-09-30 14:03 | Report Abuse

As shareholders today we have received the lucrative dividend
payout which greatly exceeded the interest payable payable for Bank FD. It is incredible as there are not many counters at Bursa which have continually pay out such lucrative dividend especially during the present tough economic situation.
Supermx has huge cash pile with its profitable operations.
With this dividend payout we can now capitalize and purchase more shares in Supermxto earn more dividend.
Thank you Supermx for rewarding the loyal supporters.

Posted by FortuneBlooming > 2021-09-30 14:06 | Report Abuse

no grandma windfart tax? oh dear, how disappointing

for the shorting gangsters

Posted by Keyman188 > Sep 30, 2021 1:35 PM | Report Abuse

No plans to impose windfall tax on glovemakers, sectors that made extraordinary profits during Covid-19 pandemic, says Tengku Zafrul

Posted by investmalaysia7777 > 2021-09-30 14:12 | Report Abuse

Short from RM7 till RM2.5 still not winner ah? lol

Posted by investmalaysia7777 > 2021-09-30 14:12 | Report Abuse

you buy from RM7 till RM2.5 won?

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

whether you call it 'pandemic' or 'endemic', it's still basically just splitting hairs, just plain semantics for the jargon gymnasts, just simple branding

the basic situation has not changed at all

Posted by 5231428 > Sep 30, 2021 1:11 PM | Report Abuse

From pendamic to endemic,we have to live with the virus so looks like everyone have to use gloves.

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

global glove demand still gonna be growing

casanwk

1,496 posts

Posted by casanwk > 2021-09-30 14:37 | Report Abuse

Wow! Steep up..

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-30 14:41 | Report Abuse

Shorties sleeping today? Why let price rise so much?

pjseow

2,264 posts

Posted by pjseow > 2021-09-30 14:41 | Report Abuse

IM777, If I.buy.a good property at a.certain price which give me good rental returns of 10 % or more, do you.consider I lose money if someone else buy and sell similar property at lower prices than me ? Then when another seller willing to sell at even lower prices at a big discount, I.decided to buy it because.the.rental yield become higher , do you consider I.lose money ?

casanwk

1,496 posts

Posted by casanwk > 2021-09-30 14:45 | Report Abuse

Congrats for those cheap2 today

Youngkid

298 posts

Posted by Youngkid > 2021-09-30 14:46 | Report Abuse

Shorties kena burned loh!

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 14:46 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-09-30 14:48 | Report Abuse

Many factories halted in China due to power crunch could be the reason for today gloves rally.

Fklim888

1,613 posts

Posted by Fklim888 > 2021-09-30 14:50 | Report Abuse

2.60 can ka today lol

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 14:51 |

Post removed.Why?

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-30 14:54 | Report Abuse

Shorties disappeared today...

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-30 14:54 | Report Abuse

waiting to buy at 65c

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-30 14:55 | Report Abuse

Beware of trap set by shorties. Tmr is TG x date, usually red after x date.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-30 14:56 | Report Abuse

Already kena many times fake rally.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 14:57 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-09-30 14:58 | Report Abuse

yes RSS still active...just be carefull

Posted by VolatileIsMyGold > 2021-09-30 14:59 | Report Abuse

the pendulum has swung the other way

Posted by VolatileIsMyGold > 2021-09-30 14:59 | Report Abuse

shorting cartel gonna be buggered big time soon

slaughtered like there's no tomorrow

Posted by VolatileIsMyGold > 2021-09-30 14:59 | Report Abuse

fairly soon

Maridien2

1,084 posts

Posted by Maridien2 > 2021-09-30 15:01 | Report Abuse

Create fake rally to get loyal supporters to buy with their dividend. I say hell no. Shorties do what they do best which is shorting, let them press down for us to buy cheaper hahaha

cwc1981

1,391 posts

Posted by cwc1981 > 2021-09-30 15:04 | Report Abuse

Today fly tomorrow press down again. That's how shorties make money

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 15:09 |

Post removed.Why?

Fklim888

1,613 posts

Posted by Fklim888 > 2021-09-30 15:15 | Report Abuse

Rss fight lebih tinggi lol ?

Biliskecil

760 posts

Posted by Biliskecil > 2021-09-30 15:19 | Report Abuse

Don’t happy.. just shortie covering short position.. after
Cover.. then another waterfall again until fair value

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 15:22 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-09-30 15:24 | Report Abuse

No one can predict the future not even the bosses themselves. But one think is for sure, prepandemic superman n post pandemic superman are vast different apart in terms of cash holding, capacity, earnings n profit strategy.

Posted by Benhobenhobenho > 2021-09-30 15:25 | Report Abuse

MM, Supermx pre pandemic FY 2019

Cash : Nett debt 250 million
Capacity : 22 billion p.a
Nett margin 8.5 %
PAT : 124.Millions
Business model : OEM 30 % , many.middlemen like dealers , agents ,

FY2021
Cash : Nett cash 3.5 billions
Capacity : 36 billions
Nett Margin : 55 %
PAT : 3815 millions
Business model.: OEM.2 % , no middlemen like agents and dealers , 58.% sell direct to.final customers and 40 % to independent.distributors.

There is a world of difference

Posted by StockGodFatt > 2021-09-30 15:26 | Report Abuse

Smart money are getting out from Tech stocks cause of over valuation and flowing into gloves stocks.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-30 15:46 | Report Abuse

Kenanga gives lowest target price for Supermax 2.35 much lower than Kossan 2.45

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-09-30 15:47 | Report Abuse

Finally! Good trading day, made some chicken rice money again!

DJoker89

4,901 posts

Posted by DJoker89 > 2021-09-30 15:53 | Report Abuse

jacklimeu2 Finally! Good trading day, made some chicken rice money again!
30/09/2021 3:47 PM

----------
Chicken rice money is made in uptrending stock like tech never on downtrending stock...

U dumb dumb lol......been a year alrd still the same limau

Posted by ThePowerOfGlove > 2021-09-30 15:55 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-09-30 15:56 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-09-30 15:56 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-09-30 15:57 | 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 > 2021-09-30 15:57 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-09-30 15:58 | Report Abuse

high vaxxing rate 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 > 2021-09-30 15:58 | 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 > 2021-09-30 15:58 | Report Abuse

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

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-30 15:59 | Report Abuse

Today rebound strong support 2.40 hope not broken

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