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 > 2021-10-05 23:15 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-10-05 23:15 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-10-05 23:16 | 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 > 2021-10-05 23:17 | Report Abuse

singapore covid-19 cases just hit record high 2,909 cases per day on friday 1 october 2021

Posted by ThePowerOfGlove > 2021-10-05 23:17 | 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 > 2021-10-05 23:18 | Report Abuse

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

Posted by FortuneBlooming > 2021-10-06 01:39 | Report Abuse

Rubber glove industry hoping for reinvestment allowance in Budget 2022

https://www.theedgemarkets.com/article/rubber-glove-industry-hopes-reinvestment-allowance-budget-2022

Posted by michaelgohmox > 2021-10-06 06:12 | Report Abuse

1.70?

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-10-06 08:25 | Report Abuse

Gap up

Posted by munfatt2000 > 2021-10-06 08:58 | Report Abuse

14th Sep Short position 75Mil

17th Sep short position 76.4Mil.

20th Sep short position 77.2Mil.

22nd Sep short position 78.2Mil.

23th Sep short position 79.3Mil.

24th Sep short position 80.3Mil

27th Sep short position 80.6Mil

30th Sep short position 80.4Mil

1st Oct short position 80.6Mil

4th Oct short position 80.8Mil

5th Oct short position 80.8Mil

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.

Posted by munfatt2000 > 2021-10-06 08:58 | 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.

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-10-06 09:09 | Report Abuse

Sure 2.55 today

haha1234

1,171 posts

Posted by haha1234 > 2021-10-06 09:58 | Report Abuse

the volume soooooooo damn smalllll

haha1234

1,171 posts

Posted by haha1234 > 2021-10-06 09:58 | Report Abuse

is no more down it will fly to sky

haha1234

1,171 posts

Posted by haha1234 > 2021-10-06 09:58 | Report Abuse

rebound gao gao

Posted by munfatt2000 > 2021-10-06 10:43 | Report Abuse

downside risk another 0.2, 0.5, 0.8 ?

upside chance RM1, 1.5, 2, 2.50, 3 ?

which one come first

haha

pjseow

2,264 posts

Posted by pjseow > 2021-10-06 11:19 | Report Abuse

I did a quick calculation on the earnings per billion capacity for the big 4 glove makers and found that supermx has the highest earning per billion or EPB for the last 2 years as follows.

FY2020 FY 3021
Supermx 21.9 m 146.7 m
Harta 14.8 m 112.0 m
Kossan 10.6 m 93.7 m
Topglove 7.2 m 83.2 m

Supermx is the most efficient inusing its available capacity to churn.out highest.earning although its nitrile to latexx ratio is lower than Harta and Kossan. The main reason for Supermx high EPB is the change in.business model since March 2020 which enabled a much higher distribution earning by cutting off the middlemen by selling direct to final customers.

Note : For fair comparison, the FY2020 start from July 2019 to June 2020 and FY2021 start from July 2020 till June 2021 for all except Topglove which cut off in.end May instead of end June.

Posted by Investor126 > 2021-10-06 11:19 | Report Abuse

Fly to the sky? No way, but fly kite maybe.
This counter keep trapping.

danny5678

65 posts

Posted by danny5678 > 2021-10-06 11:21 | Report Abuse

hopeless la... rubbish counter

Posted by Habisgl0v3333 > 2021-10-06 11:22 | Report Abuse

SELL!! supermx auditor selling like no tomorrow!!!!

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-10-06 11:23 | Report Abuse

Faster catch kossan..don't leave him alone at 2.25

Posted by VolatileIsMyGold > 2021-10-06 11:30 | 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 > 2021-10-06 11:30 | Report Abuse

I myself 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 need everybody wearing a glove, guys

comprende?

Posted by VolatileIsMyGold > 2021-10-06 11:31 | Report Abuse

If it's just 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 > 2021-10-06 11:32 | 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

pjseow

2,264 posts

Posted by pjseow > 2021-10-06 11:32 | Report Abuse

Supermx also has the highest nett margin for the last 2 years at 24.7 % and 53.2 % respectively followed by Harta at 17.5 % and 50.9 %.
Topglove is 12.3 % and 49.3 % followed by Kossan at 12.6 %.and 44.3 %.

Posted by VolatileIsMyGold > 2021-10-06 11:33 | 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 > 2021-10-06 11:33 | 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 Habisgl0v3333 > 2021-10-06 11:35 | Report Abuse

most margin no use it will be most loss soon!!

Posted by VolatileIsMyGold > 2021-10-06 11:36 | Report Abuse

We are now already seeing the earliest daily covid infection rate surges in langkawi due to rapid opening up of travel & tourism sector

Posted by munfatt2000 > 2021-10-06 11:48 | 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

Posted by pjseow > Oct 6, 2021 11:32 AM | Report Abuse

Supermx also has the highest nett margin for the last 2 years at 24.7 % and 53.2 % respectively followed by Harta at 17.5 % and 50.9 %.
Topglove is 12.3 % and 49.3 % followed by Kossan at 12.6 %.and 44.3 %.

Supermax will give u good return if u grab the cheap ticket from shorties

Posted by FortuneBlooming > 2021-10-06 11:58 | 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 > 2021-10-06 12:00 | Report Abuse

While global population also still continuing to grow all the time

Posted by FortuneBlooming > 2021-10-06 12:19 | 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

another 16 years, another 3 billion

Posted by Start_0f_the_bull > 2021-10-06 12:20 | Report Abuse

Want to drop but can't drop much. Downside limited?

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-06 12:31 | Report Abuse

shorting boys & girls sweating

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-06 12:56 | Report Abuse

every day they sweating now

pjseow

2,264 posts

Posted by pjseow > 2021-10-06 13:27 | Report Abuse

During FY 2019 ( mid 2018 to mid 2019) , Harta used to be the most efficient in Earning per billion capacity or EPB followed by Kossan , supermx and Topglove. This is due mainly to Nitrile to Latexx Ratio. Harta has the highest followed by Kossan , supermx and Topglove . The respective EPB are as follows:
Harta 11.2 m
Kossan 7.9 m
Supermx 5.6 m
Topglove 5.4 m

Since FY 2020 , Supermx EPB was the highest
beating Harta , Kossan and Topglove although its Nitrile to Latexx ratio remain.at 3rd placing at 68 to 32 % in FY 2021. When supermx capacity increase to 48 b in CY 2023 , its Nitrile ratio will be increased to 80 %. I projected Supermx will remain as.champion in EPB in the subsequent years.

Geek2020

970 posts

Posted by Geek2020 > 2021-10-06 13:54 | Report Abuse

Any idea when is QR for Supermax?

Posted by ThePowerOfGlove > 2021-10-06 14:15 | Report Abuse

3 months from date of last qr

Posted by fortheemprah > 2021-10-06 14:20 | Report Abuse

Someone wrote about Supermax being a different beast as compared to pre-pandemic and had some numbers, anyone remember who posted that? Very informational.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-06 14:23 | Report Abuse

DATO TING HENG PENG (a company director) got insider news? Why he disposed 1,100,000 shares on 30-Sep-2021? disposed 900,000 shares on 01-Oct-2021?

Posted by Investor126 > 2021-10-06 14:45 | Report Abuse

The company Director disposing share can only be a reference.
What happened in the reality is that this counter been trying hard to trap retailers.

Many hoping for a rebound. When it rises a few cents, they are expecting it to be continuously for a few days till their TP. But reality is always so cruel that when it rises a day, the next few days it dip all the way to another new low. No support at all.

When one refers back the price history, the previous week's prices seem unachievable anymore. Unless if you are a real investor who would hold long.

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-10-06 14:46 | Report Abuse

Peanut 2m share...only RM4.6m. I think to buy a bungalow. Aiya, his cost is only 10c... so no loss.

Posted by Habisgl0v3333 > 2021-10-06 14:48 | Report Abuse

Down trend forming again..

Posted by VolatileIsMyGold > 2021-10-06 14:50 | Report Abuse

the tide has turned

Posted by VolatileIsMyGold > 2021-10-06 14:50 | Report Abuse

the pendulum has swung the other way

Posted by VolatileIsMyGold > 2021-10-06 14:50 | Report Abuse

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

Posted by munfatt2000 > 2021-10-06 14:51 | Report Abuse

if u hold long term, grab more when shorties MM lelong to u

no short term, no margin, no contra

Posted by VolatileIsMyGold > 2021-10-06 14:51 | Report Abuse

shorting cartel gonna be buggered big time soon

slaughtered like no tomorrow

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