SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.85

Today's Change

+0.02 (2.41%)

Day's Change

0.83 - 0.85

Trading Volume

4,094,200


100 people like this.

222,680 comment(s). Last comment by calvintaneng 17 hours ago

monetary

4,447 posts

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

no use of fund. that's mean your knowledge in investing is very limited.

GlovesOff

2,499 posts

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

when pledge for FD do you go for the negative or lowest interest???

you clearly do not know what is declining QoQ / downtrend ctr

US market is not only 20% harlo WAKEUP
********************************
Say what they may but company is cash rich n billions ringgit earner.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-10-25 15:59 | Report Abuse

Cut loss and there is no shame and ego. Just deal with it and move forward. Kudos to all those fair commenters who predicted absolutely accurate since months ago. Value merely 1.9B and still not convincing.

vcinvestor

403 posts

Posted by vcinvestor > 2021-10-25 16:09 | Report Abuse

cut loss and move on is not the i3 way. we must be in denial and type all sorts of angry posts in all caps to scold other people. spread rumours about price go up ok, spread rumours about price go down is "fearmongering" right?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 16:13 | Report Abuse

true, the window to cut lost/win was 5-6xx

market cap deficit 20+B due to i3 fearmongering wah M flattered leh

Posted by Investor126 > 2021-10-25 16:15 | Report Abuse

Been downtrend since last year till now, any of you may still blame short sellers/ manipulators. But this time, Supermax got slapped real hard in the face. Has this been countered earlier, or at least Supermax proactive in solving this, this situation could had been avoided or less impact on their investors.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 16:17 | Report Abuse

like i said at least sell some/most in may ... cbp didn't catch you offguard

your ego is your downfall isk isk isk

*****************************
This is when you should sell (May 29) and not cry like a baby now boohooo
**************
https://www.reuters.com/world/asia-pacific/us-probes-two-malaysian-glove-makers-over-forced-labour-allegations-report-2021-05-29/

Posted by Start_0f_the_bull > 2021-10-25 16:19 | Report Abuse

Recycled gloves can be easily imported to US than the genuine quality gloves because of so called forced labour the boss should forget about setting up new factory in US. Perhaps a recycled gloves collection centre is more profitable. LOL

Posted by Habisgl0v3333 > 2021-10-25 16:25 | Report Abuse

1.5 is after qtr

Posted by NatsukoMishima > 2021-10-25 16:27 | Report Abuse

Look at the mask price then u will know how the China makers throw the price, protect capital is important now !

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 16:29 | Report Abuse

let them la Martingale is their best friend now HAHA

pjseow

2,264 posts

Posted by pjseow > 2021-10-25 16:35 | Report Abuse

GO , ok lah , we.failed in our risk.assessment. We should ask ourselves what is the chance of occurrence ( 10 to 20 %) and if it occurred , what is the severity ( 8). If we multifly this 2 factors, the Risk Factor is quite high. Should have sold then. Good lesson learned. We will.take note not to make similar wrong judgement again. I dont remember you ask us to sell.some leh. .
-----------+++++-----------
GlovesOff like i said at least sell some/most in may ... cbp didn't catch you offguard

your ego is your downfall isk isk isk

*****************************
This is when you should sell (May 29) and not cry like a baby now boohooo

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 16:40 | Report Abuse

slowly track back our postings ... you day1 in bursa ?.... this kinda news sell first no qs asked ....

you glovers some more defend kao2 say no issue ... just one mask entity in spmx i also lazy dig la

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 16:41 | Report Abuse

we need hold your hands and sell ?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 16:44 | Report Abuse

now three entities in spmx kena ? Or-Lin lorrr

Posted by Habisgl0v3333 > 2021-10-25 16:58 | Report Abuse

We been asking people to sell since rm8++ , when moat is your only defence then u sure habisgl0ve

Posted by Benhobenhobenho > 2021-10-25 17:01 | Report Abuse

No worry, just keep holding even if drop. After all it had already dropped so much from 10+ share investing is a risk that I can accept.

Posted by Benhobenhobenho > 2021-10-25 17:06 | Report Abuse

Whoever invest in the stock market have to be prepared for such risk, otherwise better put money in FD n mutual trusts or elsewhere which is not so risky.

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-25 17:06 | Report Abuse

*latest TP * of 7 Glove counters

Top Glove RM 1.20
Supermax RM 1.00
Hartalega RM 3.00
Kossan Rubber RM 1.10
Comfort Glove RM 0.50
Careplus RM 0.40
Rubberex RM 0.20

Ron90

4,115 posts

Posted by Ron90 > 2021-10-25 17:06 | Report Abuse

Now MC only worth $5.2 B. But since the start of covid, the latest 5 QRs, company already generated $4.2 B profits. donnow what low it should be?.. 1.50?

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-25 17:06 | Report Abuse

Stanley is a lucky guy. Covid outbreak in China and Europe currently. The stocks bound to US can be diverted to China and Europe.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 17:07 | Report Abuse

haha Ben noob ... do you even read Buffett rule 1,2 and 3 ?

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-25 17:12 | Report Abuse

*latest TP * of 7 Glove counters

Top Glove RM 1.20
Supermax RM 1.00
Hartalega RM 3.00
Kossan Rubber RM 1.10
Comfort Glove RM 0.50
Careplus RM 0.40
Rubberex RM 0.20

Posted by Newbie_23 > 2021-10-25 17:16 | Report Abuse

Buy buy buy! Continue average now, good time to buy

Posted by Habisgl0v3333 > 2021-10-25 17:22 | Report Abuse

Buy buy buy.. rm 8 buy rm 6 buy rm 4 buy rm 2 buy rm1 buy!!!

Posted by Habisgl0v3333 > 2021-10-25 17:22 | Report Abuse

Head masuk water

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-25 17:24 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-25 17:24 | Report Abuse

Ding3 1.93 new low close..maridien must be happy finally can fake topup 1.99

Another day closer to Nov QR massacre

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-25 17:28 | Report Abuse

Most glovers alrdy 55%++ loss too painful to cut..just fasten seatbelt & ride all the way down to 65sen

Need mentally prepare to hodl 85%++ losses nxt 10 yrs

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-25 17:34 | Report Abuse

Warren Buffett, perhaps the world's most famous investor, once said his “favourite stock holding period is forever”. The idea is you buy a great company, hold it, and give it the time it needs to grow. The strategy relies on companies compounding their growth over time to produce substantial returns in the long run.

pjseow

2,264 posts

Posted by pjseow > 2021-10-25 17:55 | Report Abuse

GO, In May , No IBs.made sell.call leh. All IBs still made buy calls with average tgt prices of rm 7 . At that time we did not know you are.much.better than the IB s in risk assessment. You also did not sell yourself with your CV and your reasonings. How to.listen to you ? It is not our ego lah. We trusted the IBs more than you because they got licenses and they showed us theur numbers whereas you and MM just said sell .
OK lah. Now we know we cannot trust the IBs tgt prices anymore . Once bitten twice shy.
Now half made sell.calls and half say hold. Which one to listen?



-----------+++++-----------
GlovesOff like i said at least sell some/most in may ... cbp didn't catch you offguard

your ego is your downfall isk isk isk

-------------+++++-----------
Stock: [SUPERMX]: SUPERMAX CORP BHD

May 30, 2021 1:11 PM | Report Abuse

After supermx last QR , All IBs give " BUY" calls with the following tgt prices .

1. Nomura RM 8.39
2. BIMB RM 7.30
3. Kenanga RM 6.80
4. AffinHwang RM 7.40
5. RHB RM 6.60
6. TA RM 6.07

Average RM 7.09

Posted by Benhobenhobenho > 2021-10-25 17:56 | Report Abuse

No worry, just hold for 3-5 years n let's see.

gohkimhock

3,120 posts

Posted by gohkimhock > 2021-10-25 18:00 | Report Abuse

If you plan to hold 3-5 years, better go for blue chip counters like Public Bank or Petronas etc..

gohkimhock

3,120 posts

Posted by gohkimhock > 2021-10-25 18:03 | Report Abuse

For this counter, when you come back 5 years later, might be 30 sen, due to China gloves oversupply..

Posted by GroundZeroIV > 2021-10-25 18:05 | Report Abuse

Naysayers including me were right since RM11, HAHAHAHAHAHA

Posted by GroundZeroIV > 2021-10-25 18:07 | Report Abuse

OTB pretends that he never recommended supermx and jaks. Same pattern every year
when 90% of his picks drop kaw kaw. keep quiet
when 10% of his picks go up, keep bragging about it for years.

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

I calculate d, after 100 years can get back the capital

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

Supermx cycle:


New Low
Dead cat bounce
Celebrate
Repeat


- this comment never gets old

GlovesOff

2,499 posts

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

Now at 1xx only believe???

HAHA
***********
OK lah. Now we know we cannot trust the IBs tgt prices anymore

pjseow

2,264 posts

Posted by pjseow > 2021-10-25 18:52 | Report Abuse

GO ah, You need to be consistent lah. In end may, we did not sell because all IB s said buy mah with average tgt prices of 7. On.30th May, supermx price was about 4 only. How to listen to you to sell at 4 when All IB said buy.? We learnt.our mistake by listening to IB s but now you keep.showing IB latest tgt prices. Why ? Are you asking us to listen to IBs again?

---------------------++++----------
GlovesOff Now at 1xx only believe???

HAHA
***********
OK lah. Now we know we cannot trust the IBs tgt prices anymore
25/10/2021 6:18 PM

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-25 19:01 | Report Abuse

Look at this BIG BABY boohoo
*********
We learnt.our mistake by listening to IB s but now you keep.showing IB latest tgt prices.

Posted by Start_0f_the_bull > 2021-10-25 19:21 | Report Abuse

IB's target price is unreliable so TP for Supermax RM1.50 may not be reached after all. So it still got hopes for the shareholders? Interesting.

Posted by dianatrader > 2021-10-25 19:46 | Report Abuse

Maybe within 1 year also can

Posted by gohkimhock > Oct 25, 2021 6:03 PM | Report Abuse

For this counter, when you come back 5 years later, might be 30 sen, due to China gloves oversupply

Posted by dianatrader > 2021-10-25 19:46 | Report Abuse

When China start to enter the industry, it will bring bad news

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-25 20:15 | Report Abuse

Kena gao gao loh tis tonefa pjseow wil75. Can jump klcc liao

Posted by Benhobenhobenho > 2021-10-25 20:22 | Report Abuse

IBs cannot be trusted at all. They gave tp 5+ for Supermax just a few months ago n now they are so far away from their tps by giving so low now. U listen to tps, can go holland

Posted by Benhobenhobenho > 2021-10-25 20:27 | Report Abuse

U listen to IBs u can go holland. They are just bullshitting without doing any research.

Sales

3,270 posts

Posted by Sales > 2021-10-25 20:29 | Report Abuse

They got so much cash, they can invest in other industries. Why worry so much.

klee

3,524 posts

Posted by klee > 2021-10-25 21:02 | Report Abuse

From 2.9 told them to watch the trend.Now at 1.93 still ada diehards.Oh well.

OTB

11,521 posts

Posted by OTB > 2021-10-25 21:26 |

Post removed.Why?

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