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.

222,681 comment(s). Last comment by Endgame 2 days ago

Posted by ThePowerOfGlove > 2021-10-04 11:25 | Report Abuse

MARGMA expecting rubber glove supply shortfall of 80 billion pieces in 2021

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

demand 500 billion pcs, supply only 420 billion pcs

Posted by Jonathan Keung > 2021-10-04 11:26 | Report Abuse

From pandemic to endemic. New norm becomes the norm. Glove now part of standard PPE.prices may be lower by demand will be still there. What's worrying is competition coming from China glove makers

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-04 11:28 | Report Abuse

Don't fight with shorties, let them bring down to 2 only buy in. mid to long term game, short term kaput. Don't touch if u cannot hold.

Posted by FortuneBlooming > 2021-10-04 11:30 | Report Abuse

How is glove demand ever going to go back to pre-pandemic level, when pandemic is quite obviously still raging & rampaging with newer & robuster covid variants still emerging all the time

that is just so obviously shorting cartel bullkrapping fearmongering

Posted by FortuneBlooming > 2021-10-04 11:31 | Report Abuse

While global population also still continuing to grow all the time

Posted by FortuneBlooming > 2021-10-04 11:32 | 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

in just 12 more years, another 2 billion

Posted by Jonathan Keung > 2021-10-04 11:33 | Report Abuse

Holding it for the past 1-2 months. Near term fluctuations ? Just ignored it

Posted by FortuneBlooming > 2021-10-04 11:51 | Report Abuse

msia kabinet gagal #2 (recycled from kabinet gagal #1) can do voodoo magic & bring down daily infection rate sustainably while completely opening up & loosening up geh

just simply with high vaccination rate only geh, without needing to keep restrictions & tight sop geh

Posted by FortuneBlooming > 2021-10-04 11:52 | Report Abuse

'success in achieving high vaccination rate' is not necessarily equal to 'success in achieving low covid infection rate'

Posted by FortuneBlooming > 2021-10-04 11:52 | Report Abuse

so many guys now so fanatically obssessed with sheer vaccination rate

but point is, you need to look more at the actual covid daily infection rate, which is a more accurate indicator of how a country's covid issue is being managed

australia for example has only a 55% vaccination rate, but their covid daily infection rate is 15 times lower than malaysia

Posted by FortuneBlooming > 2021-10-04 11:53 | Report Abuse

point being, you need to keep being vigilant, keep good healthcare preventive measures & precautions including use of appropriate ppe, maintain tight sop etc.

Youngkid

298 posts

Posted by Youngkid > 2021-10-04 12:25 | Report Abuse

Syndicates slowly accumulate

Youngkid

298 posts

Posted by Youngkid > 2021-10-04 12:27 | Report Abuse

Yes, no holding don't touch u will only make situation worsts.

Anaconder

1,031 posts

Posted by Anaconder > 2021-10-04 12:32 | Report Abuse

Wearing gloves for medical staffs n related industries become norm nowadays so demand is always there

Anaconder

1,031 posts

Posted by Anaconder > 2021-10-04 12:35 | Report Abuse

There is still no lights at the end of covid tunnel according to expert for the next 2 yrs

Posted by ThePowerOfGlove > 2021-10-04 12:55 | 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 > 2021-10-04 12:55 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-10-04 12:56 | Report Abuse

RSS ban in the pipeline

Posted by ThePowerOfGlove > 2021-10-04 12:56 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-04 12:56 | 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 yangkwang99 > 2021-10-04 13:01 | Report Abuse

Wonder is there light at the end of supermax share price tunnel???

Posted by ThePowerOfGlove > 2021-10-04 13:12 | Report Abuse

the key point is, whether sustainable or not sustainable

what msia is doing only now, more than 6 months late, just getting high vaxxing rate, israel & singapore already done in february

but after opening up & loosening up, their daily infection rates surged back up like heck again, you reckon msia is invincible?

we shall see in due time, if current drop for msia is sustainable or not sustainable

Posted by RJ87 > Oct 4, 2021 12:52 PM | Report Abuse

Aiks. Malaysia cases drop from 20K to below 10K tak mau crita.

Posted by ThePowerOfGlove > 2021-10-04 13:12 | Report Abuse

ramping up vaxxing rate is the easy part

the hard part is keeping daily infection rate down after opening up & loosening up

Posted by Jonathan Keung > 2021-10-04 13:23 | Report Abuse

Once shorting gang {RSS} is ban. 100% up

Posted by VolatileIsMyGold > 2021-10-04 13:31 | Report Abuse

the tide has turned

Posted by VolatileIsMyGold > 2021-10-04 13:31 | Report Abuse

the pendulum has swung the other way

Posted by VolatileIsMyGold > 2021-10-04 13:32 | Report Abuse

now glove warriors gotten really fed up with non-stop bullkrapping fearmongering shorting cartel

Posted by VolatileIsMyGold > 2021-10-04 13:32 | Report Abuse

shorting cartel gonna be buggered big time soon

slaughtered like no tomorrow

Posted by VolatileIsMyGold > 2021-10-04 13:33 | Report Abuse

fairly soon

Posted by ThePowerOfGlove > 2021-10-04 13:47 | 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 > 2021-10-04 13:48 | Report Abuse

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

Posted by VolatileIsMyGold > 2021-10-04 13:59 | Report Abuse

safety health precautions & preventive measures among frontliners still remain, including wearing appropriate ppe in many situations

irregardless of whether their patient is fully vaccinated or not, taking pill or not, young or old, female or male, etc.

gloves are very often important part of appropriate ppe

Posted by VolatileIsMyGold > 2021-10-04 14:00 | Report Abuse

I have not worn a rubber glove even once in my life

but still the global demand for rubber gloves in 2021 is 500 billion pcs, while current global supply is only 420 billion pcs

it's mostly about the frontliners

global glove demand does not mean everybody wearing a glove, guys

comprende?

Posted by VolatileIsMyGold > 2021-10-04 14:01 | Report Abuse

If it's up to me alone, I would rather the nurse or female doctor touch me without gloves when she is examining me.

But she's not gonna have any of that.

No frekkin way, man.

Posted by VolatileIsMyGold > 2021-10-04 14:01 | Report Abuse

singapore daily cases could possibly shoot up to 5 digits, if their govt & rakyat still too stubborn & adamant about relentlessly opening up & loosening up without sufficient restrictions & precautionary preventive measures

Posted by VolatileIsMyGold > 2021-10-04 14:06 | Report Abuse

So, just going by the actual post-high vaxxing experiences in US, UK, Israel, Singapore etc., it still remains to be seen yet, how things gonna really play out in Malaysia in the weeks & months to come

Posted by VolatileIsMyGold > 2021-10-04 14:18 | Report Abuse

The upside to high vaxxing rate is that it tends to produce a quick lowering effect on daily infection rate

The downside being, when guys see a quick reduction in daily infection rate, they also get overconfident & overexuberant fast, often too fast for their own good

So, whether sustainable or not sustainable in longer term, would greatly depend on discipline of both the govt & the rakyat

Yep, just as has already been proven in US, UK, Israel, Singapore etc.

Posted by yangkwang99 > 2021-10-04 14:40 | Report Abuse

What does the low volume actually mean? Sluggish market? Lack of interest?

i3lurker

14,363 posts

Posted by i3lurker > 2021-10-04 14:45 | Report Abuse

trade carefully

"Magic Pill" had come out already.

https://edition.cnn.com/2021/10/02/health/antiviral-pill-covid-19-explainer/index.html

(CNN)Merck and Ridgeback Biotherapeutics announced on Friday early result that indicate their experimental oral antiviral drug molnupiravir might halve the risk of death or hospitalization from Covid-19.

In a news release, the company said 7.3% of 385 patients who received the antiviral were either hospitalized or died from Covid-19, compared with 14.1% of the 377 patients who received a placebo, which does nothing.

Sentiment bound to be very poor

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-04 14:47 | Report Abuse

Could be sellers growing stronger & more confident, refusing to sell low

Posted by yangkwang99 > Oct 4, 2021 2:40 PM | Report Abuse

What does the low volume actually mean? Sluggish market? Lack of interest?

myinvestor

1,218 posts

Posted by myinvestor > 2021-10-04 14:55 | Report Abuse

PITTSBURGH — U.S. Trade Representative Katherine Tai said in an interview on Thursday that the Biden administration plans to “build on” existing tariffs on billions of dollars in Chinese imports and confront Beijing for failing to fulfill its obligations under a Trump-brokered trade agreement.

https://www.politico.com/news/2021/09/30/biden-trump-tariffs-china-514866

Gloves from china will getting expensive when US reimpose the tariff of 15%-25%

AdCool

3,864 posts

Posted by AdCool > 2021-10-04 15:00 | Report Abuse

the death rate for Covid 19 is much lower. Why take the silly pill and risk higher of death rate?

In a news release, the company said 7.3% of 385 patients who received the antiviral were either hospitalized or died from Covid-19, compared with 14.1% of the 377 patients who received a placebo, which does nothing.

AdCool

3,864 posts

Posted by AdCool > 2021-10-04 15:03 | Report Abuse

Good observation! That s what I think as well. Same with India. After the wave in April and strict lockdown, now they are back to open. Winter is coming in a month time.


ThePowerOfGlove the key point is, whether sustainable or not sustainable

what msia is doing only now, more than 6 months late, just getting high vaxxing rate, israel & singapore already done in february

but after opening up & loosening up, their daily infection rates surged back up like heck again, you reckon msia is invincible?

we shall see in due time, if current drop for msia is sustainable or not sustainable

Posted by RJ87 > Oct 4, 2021 12:52 PM | Report Abuse

Aiks. Malaysia cases drop from 20K to below 10K tak mau crita.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-04 15:57 | Report Abuse

Whatever US tax wont stop china..they got currency advantage, gov support, cheap labor etc

There’s reason why us-china trade deficit record high even after 3 yrs trade war

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-10-04 16:04 | Report Abuse

Gloves are not needed post covid. Still stubborn?

myinvestor

1,218 posts

Posted by myinvestor > 2021-10-04 16:10 |

Post removed.Why?

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-04 16:10 | Report Abuse

new pill not meant to replace or substitute vaccine, but only to complement vaccine

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-04 16:11 | Report Abuse

so you still need gloves, need vaccine, need pill

still need all three

pjseow

2,264 posts

Posted by pjseow > 2021-10-04 16:33 | Report Abuse

Can someone tell me among the big 4 , which.one is the most efficient in using their capacities to churn out the.highest Revenue and Earning per billion capacity for the last 2 years.

Posted by ThePowerOfGlove > 2021-10-04 16:39 | Report Abuse

shorting gang losing power

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