Posted by Habisgl0v3333 > 2021-10-25 11:43 | Report Abuse

Where djoker??

Posted by GlovesOff > 2021-10-25 11:45 | Report Abuse

nope. are you ???
*************
Benhobenhobenho Is the company going bust soon?

Posted by Maridien2 > 2021-10-25 11:48 | Report Abuse

Lets hope Stanley find some China partner and change his US glove factory to EV battery factory, not too late to change direction. Evangrande also changing direction from property developer to EV.

Posted by GlovesOff > 2021-10-25 11:50 | Report Abuse

read d really laugh die ppl
******************
find some China partner and change his US glove factory to EV battery factory,

Posted by Habisgl0v3333 > 2021-10-25 11:51 | Report Abuse

Pjsiao preparing another long essay .. 5000 words, hope to bring up the share price

Posted by Habisgl0v3333 > 2021-10-25 11:52 | Report Abuse

Why not go buy evergrande straight ?? Just sell supermx and buy evergrande is not that hard..

Posted by Habisgl0v3333 > 2021-10-25 11:52 | Report Abuse

Djoker fake top up incoming.. haha

Posted by arv18 > 2021-10-25 12:05 | Report Abuse

They already knew under investigation but goyang kaki. Don't want to treat workers better, repay the recruitment fees.

Or do other remedial things. Now screwed, for the next 12 months.

Where is Ben Tan?

Where does this fit into his Anal-ysis?

Posted by monetary > 2021-10-25 12:16 | Report Abuse

privatize. scrap expansion plan to pay dividend. SBB. venture into EV. before any of these happened u alrdy bankrupt. lol!

Posted by monetary > 2021-10-25 12:18 | Report Abuse

water level alrdy reached eyebrows still hallucinating. animal instinct will tell u to run long ago!

Posted by myinvestor > 2021-10-25 12:19 | Report Abuse

The survey by NCCIM, he said,
reveals that plantations require
70,000 foreign workers, rubber
glove industry (25,000), furniture
(30,000), construction (200,000),
manufacturing (25,000), services
(45,000) and plastics (6,293)

Glove industry still shortage of 25k workers despite ASP downtrend..

Posted by pjseow > 2021-10-25 12:40 | Report Abuse

US CBP do not ban recycled gloves from Thailand but.banned good gloves certified from Malaysia big glove companies. I really miss Lim Keng Yaik and Rafidah who used to be ministers of Primary Industry . They will gasak US government kao kao if there is hypocrisy and double standard on the part of US government.
--------------------------
https://nymag.com/intelligencer/2021/10/millions-of-used-medical-gloves-imported-to-u-s-report.html

Posted by gohkimhock > 2021-10-25 13:35 | Report Abuse

Animals are always smarter than humans. They don't fight their own instincts. When something not right, they will run, won't step on a pile of shxt. Only humans are stubborn. 冥冥中都想一步登天..

Posted by ThePowerOfGlove > 2021-10-25 13:38 | Report Abuse

shorting gang losing power

Posted by ThePowerOfGlove > 2021-10-25 13:38 | Report Abuse

shorting gang running out of gas

Posted by ThePowerOfGlove > 2021-10-25 13:39 | Report Abuse

shorting gang getting tired & exhausted

Posted by ThePowerOfGlove > 2021-10-25 13:39 | Report Abuse

shorting gang running out of desperate pathetic scare stories

Posted by ThePowerOfGlove > 2021-10-25 13:40 | Report Abuse

shorting gang now back to having to resort to desperate pathetic hopeless grandmother windfart tax tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-10-25 13:40 | Report Abuse

shorting gang now also resorting to desperate pathetic ridiculous grandfather qr massacre waterfart tale

pooooorrrrrttttt

Posted by ThePowerOfGlove > 2021-10-25 13:40 | Report Abuse

shorting gang got big sour grapes against gloves becos they missed out completely on the big 2020 glove bull

Posted by ThePowerOfGlove > 2021-10-25 13:41 | Report Abuse

shorting gang desperate pathetic non-stop scaremongering bullkrapping not working anymore

Posted by ThePowerOfGlove > 2021-10-25 13:41 | Report Abuse

shorting gang goons only come out in big droves when stock showing big dip, just to do their usual dissing downtalking badmouthing scaremongering bullkrapping

when stock up they all quickly disappear, leaving only a few of the most hardcore goons among them

Posted by ThePowerOfGlove > 2021-10-25 13:42 | 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 Keyman188 > 2021-10-25 14:06 | Report Abuse

Supermax warns of 'material effect’ on its financials if sales diversion less than successful after US detention order

(theedgemarkets.com / October 25, 2021 13:59 pm +08)


KUALA LUMPUR (Oct 25): Supermax Corp Bhd warned on Monday (Oct 25) that there will be "material effect" on its financial performance should the glove maker’s efforts to divert sales to other markets be less than successful after the US Customs and Border Protection (CBP) issued a Withhold Release Order (WRO) against the company and its subsidiaries’ products on forced labour allegations.

The duration of the WRO will also determine the extent of the adverse impact on Supermax’s financial performance, it said in a Bursa Malaysia filing.

"The company does not foresee any material impact operationally,” Supermax said.




## https://www.theedgemarkets.com/article/supermax-sees-material-effect-glove-makers-financials-if-sales-diversion-less-successful

Posted by Keyman188 > 2021-10-25 14:08 | Report Abuse

OMG...seem like more worse...

The more further negative news...the more share price drop...


The more traders defend...the more share price drop...


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


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


The more you leverage down...the more you painful...


Latest TP revision...


TA Sec - RM 1.43


MIDF - RM 1.67


AffinHwang - RM 1.70


So all waiting JP Morgan latest review...


Shall need patiently waiting until 1.00 for those still considering your long haul...



Amboi...Kesian...




wkwkwk...kekeke...hehehe...

Posted by Dannyfyl88 > 2021-10-25 14:08 | Report Abuse

Keep on adding despite what the shorties said... LT will be rewarded handsomely...

Posted by myinvestor > 2021-10-25 14:18 | Report Abuse

No wonder the gloves ASP downtrend so fast bc of Thailand selling billion recycle gloves to US and the world. Many of healthcare workers are now at great risk using the recycle nitrile gloves.

https://edition.cnn.com/2021/10/24/health/medical-gloves-us-thailand-investigation-cmd-intl/index.html

"It's a total safety issue... to me the fact that these companies were never blacklisted is shocking," he told CNN.

Posted by MoneyMakers > 2021-10-25 14:21 | Report Abuse

Ding3 new low unlocked..Donkey89 got his 2.01..Maridien got his 1.99..sure happy with their fake topup

So whats nxt price that glovers think cannot achieve want fake queue sapu everything

Posted by MoneyMakers > 2021-10-25 14:22 | Report Abuse

Welcome to last week of Oct..then its Nov QR month celebration @ anytime can bloodbath

Posted by munfatt2000 > 2021-10-25 14:27 | Report Abuse

don't care what nonsense Morron shorties monkey said

hold for 1yr

Posted by pjseow > 2021-10-25 14:30 | Report Abuse

MM, I havent got my 65 s leh. When?
--------------------------------
MoneyMakers Ding3 new low unlocked..Donkey89 got his 2.01..Maridien got his 1.99..sure happy with their fake topup

So whats nxt price that glovers think cannot achieve want fake queue sapu everything
25/10/2021 2:21 PM

Posted by newuser9021 > 2021-10-25 14:30 | Report Abuse

the downtrend will return to uptrend. EPS expected to be lower as each quarter goes, right now it is around EPS 80c per year. This will go down to EPS 40-30c per year, and with PE ratio of 10x (market standard before pandemic), it will come back to RM 4 - RM3. Assuming a 50% discount, it will come back to RM 2.00. Going back to 60c is a tough call unless it is being forced sell by the market manipulators to get their money back and of course those shorties. Note: Supermx announced 10% share buy back.. Right now, the company has a strong balance sheet (all glove counters are the same) and NTA of supermx expected to reach to RM 2 with EPS to be around 20c when the QR report is being announced (within this coming weeks). Yes price will drop etc, but it wont reach back to RM 8 or 10 like 1 year ago. However, expect to get some good return in terms of divident in a long run. EPS will drop further in the next quarter results since this USA ban issues but will return back to usual level like their peers after that. TAYOR!

Posted by newuser9021 > 2021-10-25 14:33 | Report Abuse

demand for gloves will be there but it wont be as those days with limited manufacturers and huge backlogs.. TAYOR..

Posted by linheng > 2021-10-25 14:40 | Report Abuse

KAF Analyst give TP $1. How he get that TP?

Posted by MoneyMakers > 2021-10-25 14:46 | Report Abuse

Dont dream EPS 40-30c/PE ratio 10x..come Nov QR massacre, dont even dream see rm2 ever again

Posted by MoneyMakers > 2021-10-25 14:48 | Report Abuse

Prepandemic ASP = prepandemic profits = prepandemic EPS = prepandemic share price (65sen)..simple

Posted by Plantermen > 2021-10-25 14:51 | Report Abuse

This kind of analyst pluck the TP from thin air.

Posted by GlovesOff > 2021-10-25 14:53 | Report Abuse

Dont blame the game blame the player lor

Posted by newuser9021 > 2021-10-25 15:05 | Report Abuse

The analyst cited by Edge from KAF is in this industry for 5 years. Check his linkedin. He is suggesting to the edge and public that the price target to be RM 1 and having a sell call. We know that he would advise the same to his team and other colleagues before it reach to the public. Assuming public/retailers takes Edge seriously and go after it, with other pushes from other sectors, of course it will reach RM 1 in 2 weeks trading.

Posted by newuser9021 > 2021-10-25 15:09 | Report Abuse

@Moneymaker, you have a point. But my thoughts are, the company has a strong balance sheet now and the glove demand will be there (in a decreasing manner) for the next 3-4 years. Yes, previous market condition=previous players=previous asp=previous cash flow/profit=previous share price. Right now, this big 4 had durian runtuh and if not mistaken this counter has given out approx. RM 900m in dividend for RM 3.5b profit. Note: before covid, it will take them 30yrs to achieve the same profit amount in a year. So, with this additional cash in hand, investment activities will be carried out. This generates more EPS. so EPS wont be same like before. NTA wont be same like before. Dividend all varies. If you are running a company, and you have accumulated massive profit in 1 year, what will you do? Buy back shares and give good dividend is one way to get the cash back, To buy shares, cheaper share price in the market is easiest way.. TAYOR

Posted by Snowpiercer > 2021-10-25 15:17 | Report Abuse

I think will be replaced soon in the index

Posted by newuser9021 > 2021-10-25 15:25 | Report Abuse

Snowpiecer, meaning? It is within MID 70 INDEX

Posted by skyu > 2021-10-25 15:29 | Report Abuse

kaf downgrade to rm1 ? newuwer9021 , what are i trying to say ? i don’t understand

Posted by Benhobenhobenho > 2021-10-25 15:44 | Report Abuse

Say what they may but company is cash rich n billions ringgit earner. Just keep n hold for longer term. No worry la, after all it's not going bust.

Posted by Benhobenhobenho > 2021-10-25 15:48 | Report Abuse

If can't keep for 5 years, at least will hold for 2-3 years. No use of funds, maybe will top up more

Posted by Benhobenhobenho > 2021-10-25 15:52 | Report Abuse

It it goes back to pre-covid prices, let it be but personally I think this is impossible as pre-covid n post covid supermax is totally different especially in cash retained earnings n biz strategies

Posted by Sneakpeek > 2021-10-25 15:53 | Report Abuse

Hold 2-3 years and lost all the opportunity in recovery counter.

Posted by GlovesOff > 2021-10-25 15:55 | Report Abuse

look at this noob . nvm we'll visit you in this asylum everyday
*******************
No use of funds, maybe will top up more

Posted by GlovesOff > 2021-10-25 15:57 | Report Abuse

ben buy more ya ... funds & directors disposing HAHA

Posted by MoneyMakers > 2021-10-25 15:58 | Report Abuse

If plan hodl 2-3 yrs then no need come here see price everyday

Better just delete app come back nxt yr when price 65sen