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 FortuneBlooming > 2021-10-06 19:43 | Report Abuse

banks always too stable

Posted by FortuneBlooming > 2021-10-06 19:45 | Report Abuse

you buy bank stock for rm6, let's just say, you keep 6 years also still rm6

like that how to make anything

Posted by michaelgohmox > 2021-10-06 20:05 | Report Abuse

Never chase high…… cut lost if things go wrong if u chase high

Rockers

249 posts

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

Closed eyes n buy loh! u won't be wrong. U r not buying at peak price

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-10-06 22:10 | Report Abuse

@munfatt2000. The volume keep decreasing and is a good sign that less glove investors are selling. probably only the Shorties are selling and investors are buying. Very soon there is no seller and i really want to see what price is the shorties offering to buy from us. Pity those investors that has sold earlier.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-10-06 22:35 | Report Abuse

@kbtsyl68... Those investors who sold earlier very good decision as they can buy much lower price now

Posted by VolatileIsMyGold > 2021-10-06 22:37 | Report Abuse

yep, low volume becos sellers getting stronger & more confident, so they refusing to sell low

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-06 22:57 | Report Abuse

Die liow...!

Posted by StockGodFatt > 2021-10-06 23:12 | Report Abuse

Whenever Nasdaq is down tomorrow gloves counters will be up. Because investors are dumping over valuation tech stocks and enter into gloves.

Posted by ThePowerOfGlove > 2021-10-07 01:09 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-10-07 01:10 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-10-07 01:10 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-10-07 01:11 | 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 > 2021-10-07 01:11 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-07 01:12 | 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 > 2021-10-07 01:13 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-07 01:13 | 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 > 2021-10-07 01:16 | 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 munfatt2000 > 2021-10-07 08:45 | 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

6th 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 > 2021-10-07 08:51 | Report Abuse

yap, hope all holder hold tight and do not sell at this price.

But need to prepare shorties last press down when result out

whatever result, shorties still will give plenty of nonsense to scare ppl

to sell low to them.

if result out, co declare another dividend, then shorties got to buy back

before ex-date, i think shorties will use 28mil bullet to press harder.


@munfatt2000. The volume keep decreasing and is a good sign that less glove investors are selling. probably only the Shorties are selling and investors are buying. Very soon there is no seller and i really want to see what price is the shorties offering to buy from us. Pity those investors that has sold earlier.

skyu

2,497 posts

Posted by skyu > 2021-10-07 09:06 | Report Abuse

one of the director shares dumping, just a tiny portion but interesting

Posted by munfatt2000 > 2021-10-07 09:16 | Report Abuse

no matter what result Supermax post later in Oct or Nov

SHORTIES STILL WILL SAY "SEE TOLD U ASP DROP, PROFIT MUST DROP"

then use their 28mil bullet to press down the price and scare ppl to cutloss and sell cheap to them

prepare yourself for the last 28mil pressing down

if FY 2022 PAT hit 540mil, EPS 20cent, the FY2022 PE only 11 at cur price

so let wait and see what is the 1Q result for FY 2022

Anything more than 200mil, 37% of FY 2022 target

i am happy for my investment

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-07 09:41 | Report Abuse

Stagnant....!

Posted by Habisgl0v3333 > 2021-10-07 09:43 | Report Abuse

Glovers now pushing their theories to push people buy

Citadel666

535 posts

Posted by Citadel666 > 2021-10-07 09:43 |

Post removed.Why?

emsvsi

3,519 posts

Posted by emsvsi > 2021-10-07 09:46 | Report Abuse

Dear Glove Investors,

As you know, I've been advising to take a position in Genting (3182). You must understand, glove stocks may or may not rise, however what is proven is that the sector is cyclical and subject to one-offs

What is not one-off is Gaming. After all, gambling is human nature and is as old as Man himself. In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.

As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history

1971 Genting Highlands Opens
2021 50 Years of History and Growth

2009 Global Financial Crisis
2020 Covid-19 Pandemic

2009 Year of the Ox
2021 Year of the Ox

2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens

2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????

History always repeats itself

Sincerely,
emsvsi

casanwk

1,496 posts

Posted by casanwk > 2021-10-07 10:13 | Report Abuse

Morning no show
Action start 3pm
Abc pattern?
Fib gartley pattern?
(3 min)

pjseow

2,264 posts

Posted by pjseow > 2021-10-07 10:17 | Report Abuse

Supermx potential dividend yield

A company can pay good dividend only when it has good cash in.hand plus ability to continue to generate more cash in future.
Supermx has 3780 m caah in hand as at end June 2021. Assuming supermx made another 1730 m in FY 2022 and 880 m in FY 2023 based on IB consensus, supermx still has 1323 m cash at end June 2023.

Cash in hand 3780 m

Add FY2020 profit 1730 m
Add FY2023 profit 880 m

minus customer deposit 631 m

minus last 15 s dividend 408 m

minus cost cap to 48 b 764 m

Cash in.hand in June 2023 will be 4587 m

This cash is equivalent to RM 1.69 per share .

Supermx can afford to pay a total of RM 1.20 at 15 sen per.qtr for the next 8 qtrs and still has a balance of 1323 m cash at beginning of FY 2024 .
This 1.323 b cash plus new earnings from FY2024 are.more than sufficient to fund further.capacity.expansion to 60 b or more .
At supermx current price of 2.30 , the dividend yield is 26 % for the next 2 years.
For the subsequent years , even I assume the earning stay flat for next 3 years with higher capacity of 48 b and more , supermx can still.pay 25 s per share dividend and maintain a 1 b cash in hand post pandemic .

CASH IS KING .

Posted by munfatt2000 > 2021-10-07 10:23 | Report Abuse

pjseow, good analysis.

FY 2022 got cash dividend 30c i am happy liao

Posted by munfatt2000 > 2021-10-07 10:36 | Report Abuse

EPF STARTING COLLECT GLOVE STOCK

05-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 514,400 shares on 30-Sep-2021.

05-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 6,900 shares on 30-Sep-2021.

04-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,000,000 shares on 29-Sep-2021.

04-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 845,000 shares on 29-Sep-2021.

04-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 242,500 shares on 29-Sep-2021.

04-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 169,200 shares on 29-Sep-2021.

01-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 4,458,600 shares on 28-Sep-2021.

Posted by munfatt2000 > 2021-10-07 10:39 | Report Abuse

ABOVE TOPGLOVE

THIS ONE KOSSAN

05-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 401,500 shares on 29-Sep-2021.

05-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 150,000 shares on 29-Sep-2021.

01-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 548,300 shares on 27-Sep-2021.

01-Oct-2021 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 300,000 shares on 27-Sep-2021.

Timercheng

733 posts

Posted by Timercheng > 2021-10-07 10:42 | Report Abuse

Rebound anytime , buy quick

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-07 10:42 | Report Abuse

pjseow is right, better invest in cash rich company rather than debt ridden company like airasia. Even if airasia back to pre pandemic level, it will take them 20 years to pay off their debt.

Sansing

1,028 posts

Posted by Sansing > 2021-10-07 10:51 | Report Abuse

Shorties need to return their tickets they borrowed . Got time frame loh! They need to pay interest, (dividend & bonus, etc... if company declares) Shorties will be roasted

Ryan83

1,835 posts

Posted by Ryan83 > 2021-10-07 11:06 | Report Abuse

Still downtrend until next QR end November

Posted by investmalaysia7777 > 2021-10-07 11:09 | Report Abuse

Short from RM7 till Rm2.3. Safety margin at RM4.7. interest, dividend hou bei lei la hahahaha. losers

Sansing

1,028 posts

Posted by Sansing > 2021-10-07 11:11 | Report Abuse

Next wk I think uptrend

Citadel666

535 posts

Posted by Citadel666 > 2021-10-07 11:12 |

Post removed.Why?

Citadel666

535 posts

Posted by Citadel666 > 2021-10-07 11:13 |

Post removed.Why?

Youngkid

298 posts

Posted by Youngkid > 2021-10-07 11:17 | Report Abuse

No bankrupt lah!, I am accumulating in stages loh!. Now waiting Shorties to short to 2 bucks, but I think shorties no ball to do so

Posted by iamnotinvestor > 2021-10-07 11:17 | Report Abuse

Will there be Final Dividend declare in end of this month?

Posted by iamnotinvestor > 2021-10-07 11:19 | Report Abuse

I will expect a final dividend of at least 20sen based on its dividend policy. Fingers crossed.

Posted by investmalaysia7777 > 2021-10-07 11:22 | Report Abuse

When it was at RM4.3 people say with shorties short to RM4. Glovers talk only la hahahaha. unlimited funds to buy in batches ah????

Posted by investmalaysia7777 > 2021-10-07 11:23 | Report Abuse

final dividend so what? share price reduce by 20 cents also la. lol

tah16600

2,646 posts

Posted by tah16600 > 2021-10-07 11:24 | Report Abuse

No worry lah! Supermx is a cash cow company ,not only dividend , maybe bonus issue loh!. Just hold tight your shares if possible for at least 2 yrs from now

Citadel666

535 posts

Posted by Citadel666 > 2021-10-07 11:25 |

Post removed.Why?

tah16600

2,646 posts

Posted by tah16600 > 2021-10-07 11:26 | Report Abuse

No holding power don't touch cos now is accumulating stages.

bulldog

12,157 posts

Posted by bulldog > 2021-10-07 11:27 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by iamnotinvestor > 2021-10-07 11:27 | Report Abuse

Who care about share price? For sure genuine investors don't. I guess only shorties or doggies!

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