SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.845

Today's Change

0.00 (0.00%)

Day's Change

0.84 - 0.85

Trading Volume

808,900


100 people like this.

222,681 comment(s). Last comment by Endgame 13 hours ago

Posted by VolatileIsMyGold > 2021-10-23 17:47 | Report Abuse

frankly speaking, 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 > 2021-10-23 17:47 | 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 > 2021-10-23 17:48 | 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 > 2021-10-23 17:49 | 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 > 2021-10-23 17:50 | 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

Posted by VolatileIsMyGold > 2021-10-23 17:51 | Report Abuse

A daily covid infection rate of 6,000 per day 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

Posted by VolatileIsMyGold > 2021-10-23 17:52 | Report Abuse

So, everyone, 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

Keyman188

5,968 posts

Posted by Keyman188 > 2021-10-23 18:07 | Report Abuse

The more you talk...the more price drop...

The more you promote...the more price drop...

Next week no doubt will dip below 2.00...

The lowest TP is RM 1.43 (TA Sec)...


Amboi...Kesian...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-10-23 18:13 | Report Abuse

Latest TP revision...

TA Sec - RM 1.43

MIDF - RM 1.67

AffinHwang - RM 1.70

So all waiting JP Morgan latest review...



Amboi...Kesian...

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-23 18:32 | Report Abuse

https://www.hindustantimes.com/world-news/will-covid-19-end-in-the-next-6-8-months-here-s-what-experts-say-101631664663817.html


For those hoping for an imminent end to the coronavirus disease (Covid-19), which has the world in a chokehold, there is some bad news. Epidemiologists say that we ought to brace for more of what we've already been through – renewed outbreaks, more waves of the infectious disease, cancelled classes in educational institutes, and hospitals overwhelmed with the burden of treatment on the verge of a medical breakdown – all over again.

Almost all experts agree at this point that the end to Covid-19 is not in sight anytime soon, at least not for the next six to eight months. Before the pandemic comes to end, every single person in the world will be infected by the virus at least once, with an unlucky few having to deal with it more times than that. The race between the waves of transmission that lead to new variants of the coronavirus and the battle to get the globe inoculated against it won’t be over until the coronavirus has touched all of us.

it won’t be over until the coronavirus has touched all of us. “I can just tell you, this is a coronavirus forest fire that will not stop until it finds all the human wood that it can burn,” said Osterholm, sounding a grim alarm.
-----------------------------------------------------------------------
4th wave is imminent and Covid won't end until everyone is infected

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-10-23 19:10 | Report Abuse

wahai ismail sabri,..........hari hari bising bumiputra equiti,..........kalau tak nak bumiputera jadi kuli,........belilah SUPERMAX murah ini,...........ayuh, arah EPF, PNB beli saham ini,..........jangan macam najib , hamidi kaya sendiri.

skyu

2,497 posts

Posted by skyu > 2021-10-23 19:18 | Report Abuse

seems hard since many people downgrade till the level of 1.4

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-23 20:18 | Report Abuse

FYI @tony still fishy??
*************

Jul 4, 2021 4:30 PM | Report Abuse

1. Glovemakers have been operating for decades without much issues, but suddenly forced labour become a focus on TG around the time the Jipet fella talk about 3.50. So u smell something fishy? But so far Supermax has not been affected, and I believe the OBM set up has created a better rapport direct with the authorities in US.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-23 20:18 | Report Abuse

I have to admit Stanley a bit lembik in responding to the CBP ban, unlike TG boss. Should have suspend trading and make strong response announcement to give confidence to investors. It seemed like he woke late that morning, took a long yawn and only then realized there is a ban, then start to make some calls to ascertain the problem and slowly work out a response plan.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-23 20:20 | Report Abuse

you never ask him to privatise ka kikiki
*************
I have to admit Stanley a bit lembik in responding to the CBP ban

Posted by michaelgohmox > 2021-10-23 20:23 | Report Abuse

Game over , pray it won’t fall further, not falling another round is already positive…… going back up? Need vigra wkwkwkwkw

greedy44444

2,497 posts

Posted by greedy44444 > 2021-10-23 20:31 | Report Abuse

Going to break 2.00 next week

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-23 20:34 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-23 20:37 | Report Abuse

Die2 won't CL ka tonystucked...

Where's pjseow all waiting for he's MLM article leh

Open bet some more la years before you see rm3

Ryan83

1,835 posts

Posted by Ryan83 > 2021-10-23 22:36 | Report Abuse

Supermax next week trading still negative sentiment due to CBP ban....If breaks RM2 next support will be around RM1.80...JP Morgan coming TP downgrade is another bad news coming

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-23 23:02 | Report Abuse

RSS Shorties pls take notes, Supermax has proposed to start SBB up to 260 millions shares if prices falls below RM 2.00, because it is worth to buy back own shares at cheap prices and later sell for a big profit..

oskchoon

3,186 posts

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

Remember currently Supermax have 3.7 billion cash in hands and announced more profit in the coming quarter thus will increase its cash holdings..

oskchoon

3,186 posts

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

SBB of 260 millions shares below RM 2.00 will caused Supermax to take out maximum RM 520 million cash and still have 3.2 billion cash in hands..

Posted by Start_0f_the_bull > 2021-10-23 23:12 | Report Abuse

If Supermax drops to RM1.50 it definitely a bad sign for other glove counters too because the tremor will shake them as well. Couldn't understand why some other glove counters shareholders are laughing at Supermax in this forum as well as other glove forums. LOL

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-23 23:22 | Report Abuse

If Supermax price drops below RM 1.50,SBB costs will be less than RM 450 million only, easily Supermax can sell the SBB shares later to make profit for the following quarter..

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-23 23:24 | Report Abuse

One advantage of SBB is to increase EPS during the QR report even ASP for Glove is much lower..

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-23 23:33 | Report Abuse

With the US ban Stanley can forget about US expansion. Save the USD 550mil and distribute more dividend. He should distribute at least 3b dividend, which he and wife will get 1.2b and let the price drop to 65sen. Then using the dividend just sapu all the shares from open market and take company private.

greedy44444

2,497 posts

Posted by greedy44444 > 2021-10-24 00:14 | Report Abuse

Most likely JPM TP should be less than 1.50

greedy44444

2,497 posts

Posted by greedy44444 > 2021-10-24 00:17 | Report Abuse

Can only start buy Supermx when company started buyback its own share. Maybe around 1.60-1.80

Ryan83

1,835 posts

Posted by Ryan83 > 2021-10-24 01:11 | Report Abuse

Supermax to seek renewal of share buy back during its forthcoming AGM in early December another 6 weeks time.... Selling pressure looks too strong for any rebound until US CBP ban resolved and much steeper fall in ASP to export it's gloves to other countries ex-USA

Posted by ThePowerOfGlove > 2021-10-24 01:21 | 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 > 2021-10-24 01:21 | Report Abuse

RSS shorting is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-10-24 01:21 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-10-24 01:22 | Report Abuse

RSS shorting does not produce any real tangible positive benefit to Bursa at all

Posted by ThePowerOfGlove > 2021-10-24 01:22 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-10-24 01:23 | 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 ThePowerOfGlove > 2021-10-24 01:23 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

Lagi they already donated RM400 million to Malaysian govt last year for fighting covid

So Malaysian govt very sayang sama Gloves Big 4 & 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 ThePowerOfGlove > 2021-10-24 01:24 | Report Abuse

shorting gang are not really concerned at all about us losing our money, that line of talk is just simply their complete bullkrapping

they're really only concerned with themselves losing their money, when their desperate pathetic bullkrapping fearmongering does not work on us any more & they fail to drag down the stock price further

Posted by ThePowerOfGlove > 2021-10-24 01:24 | Report Abuse

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

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-24 02:50 | Report Abuse

oskchoon waterfish let's see monday who implode lo

dsst already sitting on -100m paperloss w SBB, you want like tg -800m ???

better guai2 collect dividend w capital wipeout la
**************
Oct 22, 2021 3:03 PM | Report Abuse

Today, RSS Shorties learn a good lesson by dumping Supermax shares yesterday and now they are unable to buy back all the borrowed shares, but next Monday, they will loose a lot of money to buy expensive Supermax by next week to cover their..

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-24 02:56 | Report Abuse

rm1xx is definite already w massive rss after div x date ...
********
If breaks RM2 next support will be around RM1.80...

blackchicken

1,220 posts

Posted by blackchicken > 2021-10-24 07:30 | Report Abuse

Supermax founder Stanley Thai buys luxury US condominium
https://www.edgeprop.my/content/1805479/supermax-founder-stanley-thai-buys-luxury-us-condominium

Posted by Benhobenhobenho > 2021-10-24 07:55 | Report Abuse

https://www.edgeprop.my/content/1805479/supermax-founder-stanley-thai-buys-luxury-us-condominium
Old news la. What has that got to do or can benefit shareholders??

AlexT12

351 posts

Posted by AlexT12 > 2021-10-24 08:33 | Report Abuse

that's his money. don't even think bout it. it has nothing to do with retailer. you keep invest, he will keep buying condos.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2021-10-24 09:49 | Report Abuse

wahai PNB equity,...........hari hari mimpi nak jadi tunggak ekonomi,.............padai bina menara tinggi-tinggi,............tapi tak pandai melabur di SUPERMAX murah ini,...........dah lama SUPERMAX berniaga di luar negeri,..................PNB baru nak start jadi global equiti,...............PNB, kenapa pergi jauh-jauh kejar saham tinggi?...................syarikat global tempatan tidak layani,..........
................................apa nak jadi PNB ini.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-24 10:58 | Report Abuse

The basic rule to invest is consecutive two quarterly profit and dividend pay out, and Supermax have all these basic rules of investing..

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-10-24 11:02 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-24 11:08 |

Post removed.Why?

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-24 11:09 | Report Abuse

I have already made profit from AT, now I should also make handsome profit from Supermax... Nothing wrong to say good things about the company having strong balance sheets..

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-10-24 11:13 |

Post removed.Why?

Post a Comment
Market Buzz