SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.835

Today's Change

-0.015 (1.76%)

Day's Change

0.835 - 0.85

Trading Volume

546,500


100 people like this.

222,681 comment(s). Last comment by Endgame 1 day ago

Posted by ThePowerOfGlove > 2021-10-15 12:45 | 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

Larn

280 posts

Posted by Larn > 2021-10-15 12:45 | Report Abuse

and some more...untill shorties return borrowed shares...they only paper profit..

Posted by ThePowerOfGlove > 2021-10-15 12:47 | Report Abuse

so called 'living with covid' strategy does not mean simply forgetting that covid still exists & still raging & rampaging

OTOH living with covid means living & working as normal BUT keeping all safety health precautionary preventive measures, stringent restrictions, using appropriate preventive ppe, tight sop etc. to keep covid daily cases at as low level as achievable

Posted by ThePowerOfGlove > 2021-10-15 12:47 | 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 > 2021-10-15 12:48 | Report Abuse

RSS shorting is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-10-15 12:48 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-10-15 12:48 | Report Abuse

RSS shorting ban in the pipeline

Posted by ThePowerOfGlove > 2021-10-15 12:49 | Report Abuse

RSS shorting not gonna last for very long more under new administration, gonna be banned soon, if not under pm9 then under pm10

Posted by Jonathan Keung > 2021-10-15 12:49 | Report Abuse

Bursa is helping the shorties targeting gloves

Larn

280 posts

Posted by Larn > 2021-10-15 12:54 | Report Abuse

yes its gang syndicate played by all the jerung..and parties who owned significant shares to lend to shorties..

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-15 12:54 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-10-15 12:55 | Report Abuse

MM..ayooo...day and night...im asking price to drop everyday...where is 65sen

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-15 12:57 | Report Abuse

Britain's daily Covid cases hit another three month high today, official data revealed as Professor Chris Whitty claimed this winter will be 'exceptionally difficult' for the NHS even if there is not a surge of infections.

Department of Health bosses posted a further 45,066 new cases across the country, up 10.7 per cent on last Thursday's figure of 40,701.

It was the highest new daily total since July 20 — the day after 'Freedom Day' — when infections reached 46,558. The highest daily total ever was 62,322 on January 6, at the peak of the second wave.

The number of people dying with the virus also increased today, with 157 new victims recorded, marking a nine per cent rise on last week.

And hospitalisations also crept up by one per cent, with 719 people being admitted on Sunday, the latest date data is available for.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-15 12:58 | Report Abuse

England's chief medical officer warned of tough months ahead for the health service as it battles Covid, flu and other seasonal viruses which are enjoying a resurgence due to a lack of natural immunity during lockdowns.

Professor Whitty also suggested that hospitals could be hit by Covid even worse than they were last winter, if a variant emerges that can 'evade our defences completely'.

Speaking at the Royal College of General Practitioners' annual conference in Liverpool, he said: 'I wish I could claim the sunlit uplands and it'll all be fantastic by Christmas but, sadly, I'm afraid that's not the case.'

Experts have long warned of an expected surge this winter, fuelled by pupils returning to schools, workers heading back to offices and people socialising more indoors.

Posted by ThePowerOfGlove > 2021-10-15 13:02 | Report Abuse

RSS shorting does not produce any benefit to Bursa at all

Posted by ThePowerOfGlove > 2021-10-15 13:04 | Report Abuse

So, no reason at all for RSS shorting to be allowed to continue

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-15 13:07 | Report Abuse

Stuck boring range..super low volume, no buying support at all..Just waiting 4 nxt leg down

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-15 13:08 | Report Abuse

Let it sideways few more weeks then BAM! Bloodbath

The longer price stuck at certain range, the harder nxt fall

DJoker89

4,901 posts

Posted by DJoker89 > 2021-10-15 13:28 |

Post removed.Why?

yumchar

55 posts

Posted by yumchar > 2021-10-15 13:32 | Report Abuse

In the meantime just sing along to Limbo Rock. The world record for the lowest limbo is 8.5 inches by Shemika Campbell. Just like how tall she is, imagine what will be the share price when it emerges from below the limbo bar.

Jason85

652 posts

Posted by Jason85 > 2021-10-15 13:38 | Report Abuse

Time for glove to pick up?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-10-15 13:39 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-15 13:52 | Report Abuse

Aiyoyo if got buying support longtime fly alrdy..now just waiting nxt trigger to waterfall

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-15 13:55 | Report Abuse

As usual, let time prove everything..when waterfall comes, just sit back relax & enjoy the bloodbath

Posted by Habisgl0v3333 > 2021-10-15 14:36 | Report Abuse

People won't buy into glove anymore, even if 2 cants up a lot dumping

Posted by VolatileIsMyGold > 2021-10-15 14:45 | 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 > 2021-10-15 14:45 | Report Abuse

Well, 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 > 2021-10-15 14:46 | Report Abuse

Well, if it's just up to me alone, I would rather the nurse or female doctor be touching me without gloves when she is examining me.

But she's not gonna have any of that.

No frekkin way, man

Posted by VolatileIsMyGold > 2021-10-15 14:46 | Report Abuse

singapore daily cases could still 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

Ryan83

1,835 posts

Posted by Ryan83 > 2021-10-15 14:50 | Report Abuse

Supermax strong buy queue 1 millions+ 2.16,2.15,2.14 not easy to push down share price now

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-10-15 14:58 | Report Abuse

From the trend maybe will stay sideways from 2-20 for a while..need to start thinking about opportunity cost forgone.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-15 15:08 | Report Abuse

Hahaha, the brainless shorties tried so hard to press down Supermax share prices below RM 2.00 so that the smart ppl like me and many others can buy cheap and undervalued with high dividend yield Supermax shares at very low price, come on, RSS Shorties pls throw all your money in to satisfy the genuine ppl buyers...

Posted by VolatileIsMyGold > 2021-10-15 15:10 | 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 > 2021-10-15 15:11 | 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 VolatileIsMyGold > 2021-10-15 15:16 | Report Abuse

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

covid does not care who is pm, covid does not care who is chairman of national recovery plan, covid does not care who is menteri kesihatan, covid does not care about what is current latest covid strategy

covid just keeps spreading whenever & wherever it is allowed to spread

Posted by VolatileIsMyGold > 2021-10-15 15:20 | Report Abuse

So, better not be lulled into blissful happy delirium so soon about current drop in daily covid cases yet

It might be sustainable, but then again also, it might not

Malaysians are not a uniquely invincible species, so what makes anybody think for even one moment that our experience post-opening up is gonna be any different from those of US, UK, israel, singapore

Posted by VolatileIsMyGold > 2021-10-15 15:21 | Report Abuse

That's right. All that political bullkrapping about accepting living with covid as an endemic is essentially an admission of failure on their own part by some spineless jelly hearted politicians.

Posted by Maridien2 > Oct 12, 2021 1:22 PM | Report Abuse

Why we must not allow COVID to become endemic in New Zealand

As New Zealand switches from elimination to suppression, those who argue that COVID-19 will become endemic and part of our lives either do not understand or ignore what this would actually mean.

Elimination has always been a tricky word because it implies eradication. But we have only ever eradicated one human disease — smallpox — and are close with several others.

For some, the end of elimination now means we should let the virus spread. But semantics matter less than policy. If we don’t eliminate, we must still aim to contain, mop up, reduce close to zero and thwart this pandemic.

Because we certainly cannot live with endemic SARS-CoV-2

Posted by VolatileIsMyGold > 2021-10-15 15:21 | Report Abuse

A daily covid infection rate of 7,000 for a population of only 32 million is not an indicator of competent covid management at all

It is merely a reflection of a previous much worse level of incompetence now only temporarily mitigated

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-15 15:36 | Report Abuse

Yup only glovers smart chase stock all other brainless investor (retail/instit/local/foreign) dont want

Fool dont recognise fool

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:40 | Report Abuse

wise guys chase when low

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:43 | Report Abuse

well, malaysian kabinet gagal #2 (recycled waste product from kabinet gagal #1) is taking a helluva big risk opening up & loosening up everything when daily infection rate is still in high 4 digits

Posted by Knm_bottomed > Oct 11, 2021 12:53 AM | Report Abuse

https://m.theepochtimes.com/mkt_breakingnews/china-prepares-for-possible-large-scale-covid-19-outbreak-leaked-ccp-documents_4041025.html/amp?__twitter_impression=true

Get ready for big Delta wave. 100k cases a day for Malaysia possible!

Posted by Jason85 > Oct 11, 2021 1:20 AM | Report Abuse

Wtf 100k case?

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:44 | Report Abuse

when israel opened up & loosened up everything in march 2021, they had already achieved 16 infections per day

by september 1, they had climbed back up to 10,000 infections per day

when singapore opened up & loosened up everything in may 2021, they were already on 2 digit infections per day

on saturday 9 october 2021, they had climbed back up to record high 3,703 infections per day

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:44 | Report Abuse

so you think MARGMA is a bullkrapping fearmongering association, just like shorting cartel boys & girls gang la

can simply be spouting bullkrap out of their arrse just like you all for the media to publish la

okay la, whatever you say la hor, everything you say must be correct la

hor

Posted by Snowpiercer > Oct 9, 2021 9:58 AM | Report Abuse

Who are members of MARGMA? Sure say got shortfall. The fact i think it's not. And such a low tech industry, low barrier to entry, no competitive advantage.

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:45 | Report Abuse

Rubber glove industry lobbying for special reinvestment allowance in Budget 2022

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

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:45 | Report Abuse

yep, precisely, the frontliners always gonna be there

Posted by Starship2 > Oct 10, 2021 2:08 PM | Report Abuse

Gloves are usually one-time use product..My feeling is even covid becames "endemic", fear of contacting the disease, especially for medical staff will always be there...and using them is also hygenic...So the practice of using gloves that peaked due to covid will not decrease very quickly in my view.....

CoolBull

3,675 posts

Posted by CoolBull > 2021-10-15 15:46 | Report Abuse

Whatever decision Supermax gonna make about US factory project, whether cancel or proceed, it's of course gonna be good & positive for Supermax

That is what business is all about, making optimum use of available capital

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