Posted by investmalaysia7777 > 2021-10-21 16:32 | Report Abuse

Import ban to have significant impact on earnings!!! Die liao la this time

Posted by Rockers > 2021-10-21 16:34 | Report Abuse

Today gap down is the final flushed out before new trend begins

Posted by oskchoon > 2021-10-21 16:34 | Report Abuse

Foreign funds knows that Supermax can dump their Glove by lowering ASP to many other countries, but based on Supermax strong balance sheets plus other glove companies will...

Posted by casanwk > 2021-10-21 16:37 | Report Abuse

Huge block buying..
Including shortist covering short
Might gap up last minute

Posted by oskchoon > 2021-10-21 16:38 | Report Abuse

As long as Supermax upcoming dividend yield is good and is still profitable by selling at lower ASP, foreign funds have no worry to hold Supermax shares at such of low share prices unless China manufacturer willing to sell at the loss, which is impossible to happen..

Posted by sharemarket21 > 2021-10-21 16:42 | Report Abuse

Something already expected last time but only triggered now. Hope it will not goes below 1.93. 5 factors persist and it gonna be a long long journey.

Posted by Investoz88 > 2021-10-21 16:43 | Report Abuse

Supermax will issue a clarification to calm investors.
Then followed by their results.

Posted by MoneyMakers > 2021-10-21 16:44 |

Post removed.Why?

Posted by investmalaysia7777 > 2021-10-21 16:45 | Report Abuse

until now glovers still talk about dividend hahahaha

Posted by Keyman188 > 2021-10-21 16:52 | Report Abuse

OMG...among the glove stocks...

Kossan is the best...

Today closing 2.44 liao...



Wkwkwk...kekeke...hehehe...

Posted by DJoker89 > 2021-10-21 16:52 |

Post removed.Why?

Posted by Maridien2 > 2021-10-21 16:52 | Report Abuse

What is this man? Waiting at 1.99 whole day cannot get. So hard to press down even with bad news.

Posted by investmalaysia7777 > 2021-10-21 16:53 | Report Abuse

LOL, 4 cents also congrats?? Now glovers can only aim for few cents profits hahahahaha

Posted by investmalaysia7777 > 2021-10-21 16:54 | Report Abuse

Drop 20cents no say. up 4 cents from lowest then celebrate. typical sor hai

Posted by Biliskecil > 2021-10-21 16:54 | Report Abuse

Don’t worry 1.5 will come

Posted by oskchoon > 2021-10-21 16:55 | Report Abuse

Tomorrow it will drop to NTA price at RM 1.82, subsequently drop to Supermax cash level of 1.30, just be patience and...

Posted by GlovesOff > 2021-10-21 16:56 | Report Abuse

+1 HAHAHA
*****************
investmalaysia7777 Drop 20cents no say. up 4 cents from lowest then celebrate. typical sor hai

Posted by MoneyMakers > 2021-10-21 17:00 | Report Abuse

Ding3 new low unlocked..beautiful show

Now donkey cannot everyday ask for 2.01 muahahahahaha

Posted by MoneyMakers > 2021-10-21 17:01 | Report Abuse

Still got alot more to drop..just give time whatever lower price sure can get

Posted by oskchoon > 2021-10-21 17:03 | Report Abuse

Tomorrow is black Friday and Supermax share prices will drop below RM 1.99 or less, only thing be careful the SBB by Supermax by Supermax management team or Directors themselves...

Posted by oskchoon > 2021-10-21 17:07 | Report Abuse

EPF or GLCs funds will quietly buying due to it's strong balance sheets and high dividend pay out, it may announced cancellation of the expansion plan and reserve the cash surplus to give special dividend just like AIRASIA boss Tony..

Posted by Keyman188 > 2021-10-21 17:08 | Report Abuse

Sorry to say that...EPF not part of the shareholder...

Posted by investmalaysia7777 > 2021-10-21 17:13 | Report Abuse

LMAO. Dividend is deductible from share price. What to celebrate lol

Posted by GlovesOff > 2021-10-21 17:16 | Report Abuse

got one particular @LARNLEK claim director is dumb

ikan bilis forever ikan bilis
***************************
Director of Supermx Ting Heng Peng had bern selling 300k shares on Oct 11th. Why?
Also Ting HP had been selling 700k shares on Oct 6th,WHY?
Also Ting HP had been selling 2m shares on Sept 30th,Why?

Posted by oskchoon > 2021-10-21 17:38 | Report Abuse

Total selling of 3 millions shares by Boss Ting HP is considered as insider trading, so he will be investigated by Bursa and SC very soon, justice will be made to all genuine ppl investors...

Posted by DJoker89 > 2021-10-21 17:40 |

Post removed.Why?

Posted by DJoker89 > 2021-10-21 17:41 | Report Abuse

2.05 congrats those bought low at 2.01

LOL

Posted by dlau8899 > 2021-10-21 17:42 | Report Abuse

May drop 1.80

Posted by DJoker89 > 2021-10-21 17:43 |

Post removed.Why?

Posted by SamLiRainMaker > 2021-10-21 17:45 | Report Abuse

gloomy friday please drop below 1.70 tomorrow.

Posted by DJoker89 > 2021-10-21 17:46 | Report Abuse

Please bring it 0.65..laalala
1.70, 1.80 Tak main alrd......

Posted by AdCool > 2021-10-21 17:50 | Report Abuse

Wait until end Nov or early Dec for Supermax to release quarter results. Might have few rounds of panic sell. 1. When RSS attack further 2. When Harta or Kossan released poorer results 3. When Supermax itself releases poorer result. possible to get rm1.50 and below come end Nov.

Posted by GlovesOff > 2021-10-21 17:52 | Report Abuse

butthurt or hurt your butt

must thank your OT bangla clients for cbp cheap sale ...
*************
why like this also butthurt?

Posted by DJoker89 > 2021-10-21 17:53 |

Post removed.Why?

Posted by DJoker89 > 2021-10-21 17:57 |

Post removed.Why?

Posted by Catchthewave > 2021-10-21 17:59 | Report Abuse

Supermax is the second Topglove, not only heavily shorted by shortiests but also sabo by shortiests lobbyist at US.

Posted by bsinvestor > 2021-10-21 18:00 | Report Abuse

luck reversal

Posted by MoneyMakers > 2021-10-21 18:06 | Report Abuse

Wakakakaka now donkey want 0.65 totally skip level 1.xx

Nvrmnd happy donkey get 2.01 today..can fake topup all the way down to 65sen

Posted by Larn > 2021-10-21 18:07 | Report Abuse

Ayo...breaking new US ban also just 20sen drop so noisy already ka..

tot today will drop more..dumb2 director selling 3mil share few weeks ago you shorties consider clever ka..stil dumb2 lor..

why not sell all..company dooom maaa..no more business...joker

anyway..today breaking news will triger faster track to 65sen..happy to collect at pre-pendemic become endemic price..haha...yahooo

still got 43% buy rate...wonder whos collecting

Posted by Mini2021 > 2021-10-21 18:22 | Report Abuse

Topglove got CBP problem, boss support ...This one Director sold before the news out ....crazy .....

Posted by DJoker89 > 2021-10-21 18:24 |

Post removed.Why?

Posted by planta > 2021-10-21 18:39 | Report Abuse

This US really big bully. Cannot see companies from other countries become Fortune 500.
No wonder so scare of China

Posted by gohkimhock > 2021-10-21 18:42 | Report Abuse

Looking at latest Kossan qoq -50%, expect another to trade below RM2 tomorrow.

Posted by dianatrader > 2021-10-21 18:52 | Report Abuse

Big downfall for Supermax today.

-0.20

Posted by skyu > 2021-10-21 19:01 | Report Abuse

suprisinglly supermax never made any statement

Posted by oskchoon > 2021-10-21 19:14 | Report Abuse

Supermax announced only 20% of the Glove sales goes to USA and immediately it is taken measure to divert consignment bound for USA to other destination in the world

Posted by oskchoon > 2021-10-21 19:20 | Report Abuse

In another words, Supermax tried to negotiate with USA authority whilst resolving the shortage of Glove supply faced by certain countries by lowering ASP, however this will directly affecting the ASP of Glove faced by other top 6 Glove players in Malaysia, tomorrow all glove counters are down again which in fact will bring down the KLCI index, due to this bullying force from USA government our Glove industry will be suffering more...

Posted by skyu > 2021-10-21 19:21 | Report Abuse

20% is quite an amount . but they never mention their brand aurelia , which is not mentioned in the usa report . but anywhre, really feel we asian are jokers, why do we have to bother what the usa is doing and on what ground they have the right to question asian companies where their minimum wage never adjust since 2009

Posted by oskchoon > 2021-10-21 19:26 | Report Abuse

Glove industries have contributed hugh amount of profit, total around 400 million ringgit to support government to fight against Covid-19 pandemic, however with less profit made by Glove players our revenue to contribute to government will be affected, which inadvertently forcing Glove players to cut cost eventually cut down manpower requirements on foreign labours, at the end, it is the foreigners which is going to lose the lucrative jobs in Malaysia, you think USA government cares about them.. definitely not..

Posted by Start_0f_the_bull > 2021-10-21 19:27 | Report Abuse

Comfort boss also actively selling his warrant. It really sucks.