SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.855

Today's Change

-0.015 (1.72%)

Day's Change

0.845 - 0.865

Trading Volume

2,151,800


100 people like this.

222,677 comment(s). Last comment by 5231428 2 days ago

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-10-26 14:24 | Report Abuse

As predicted Bursa is going through the imminent low volume and value process when Covid-19 is improving. Value as at now 1.1B. Happening to SEA market as well. It can be a long short bumpy journey. Select your stocks and sectors prudently.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-26 14:26 | Report Abuse

Can re-route US shipments to Russia.

Russian COVID cases hit record high as eastern Europe imposes new curbs

BUCHAREST/MOSCOW, Oct 25 (Reuters) - Russia reported a record high number of daily COVID-19 cases and some central European countries imposed fresh restrictions on Monday, as a new wave of the pandemic gathered pace.

https://www.reuters.com/world/europe/russian-covid-cases-hit-record-high-eastern-europe-imposes-new-curbs-2021-10-25/

vcinvestor

403 posts

Posted by vcinvestor > 2021-10-26 14:29 | Report Abuse

you should work for supermax as a consultant

newbie8080

2,766 posts

Posted by newbie8080 > 2021-10-26 14:29 | Report Abuse

Russia?

Unlikely.

Their citizens don't even want their own vaccination.

Don't even have the habit of wearing mask, whatmore gloves.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-26 14:29 | Report Abuse

Fewer than two dozen parts of England have yet to see 'Nu' Delta off-shoot which scientists fear is up to 15% more transmissible than its ancestor

One of the Government's largest Covid surveillance programmes found AY.4.2 was in 294 of 315 local authorities (93 per cent) up to October 9, the latest day statistics are available for.

It comes amid fears AY.4.2 is helping to turbo-charge outbreaks in parts of the South West, where cases have reached record highs in the wake of a laboratory testing blunder.

The strain is now behind more than one in five infections in areas of Devon, Wiltshire and Somerset, which have some of the fastest growing infection rates in the country. It makes up more than 10 per cent of infections across England, having doubled in the space of three weeks.

Scientists have raised concerns over AY.4.2 after it advanced from London and the South East to the rest of the country within a matter of weeks.

myinvestor

1,218 posts

Posted by myinvestor > 2021-10-26 15:06 | Report Abuse

SINGAPORE: A new COVID-19 cluster of 116 cases has emerged at the Institute of Mental Health (IMH).

The COVID-19 cases comprise 108 inpatients and eight staff members from both inpatient and outpatient settings, IMH said late Monday (Oct 25) night, after it was identified as a large cluster by the Ministry of Health (MOH).

https://www.channelnewsasia.com/singapore/large-covid-19-cluster-imh-100-cases-2268001

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-26 15:26 | 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

LossAversion

1,727 posts

Posted by LossAversion > 2021-10-26 15:26 | Report Abuse

Ha, ha, ha IF the past, present, future TPs are so useful, many would not be in deep shit!!!!!

OnTime

2,188 posts

Posted by OnTime > 2021-10-26 15:37 | Report Abuse

go private better

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-10-26 15:50 | Report Abuse

Next month all healthcare stocks will up kaw kaw

5231428

611 posts

Posted by 5231428 > 2021-10-26 16:06 | Report Abuse

QR report out tomorrow.

5231428

611 posts

Posted by 5231428 > 2021-10-26 16:17 | Report Abuse

If follow last years QR date.

5231428

611 posts

Posted by 5231428 > 2021-10-26 16:32 | Report Abuse

QR will be big surprise.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-26 16:34 | Report Abuse

Bad QR sure delay wont follow last yr

5231428

611 posts

Posted by 5231428 > 2021-10-26 16:40 | Report Abuse

Who knows save the best for last.

SinGor

4,908 posts

Posted by SinGor > 2021-10-26 17:04 | Report Abuse

Kossan QoQ drops 50%...Super & Harta will follow...TG out of No-where will get whack on the
Head and stay unconscious for next 30days

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-26 17:08 |

Post removed.Why?

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-10-26 17:30 | Report Abuse

Sure QR tmrw?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-10-26 17:35 | Report Abuse

Hartalega QR will be released first this week and Supermax QR next month

planta

269 posts

Posted by planta > 2021-10-26 18:10 | Report Abuse

From top performer to the worse, hope dividend at least 12sen

nicholas99

9,871 posts

Posted by nicholas99 > 2021-10-26 18:12 | Report Abuse

get so much money and go US buy a condominium. this kind of boss really..

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-26 18:20 | Report Abuse

got so much money don't use, take to the grave is it?

Posted by dianatrader > 2021-10-26 18:36 | Report Abuse

Supermax: Warns of 'material effect’ on its financials if sales diversion less than successful after US detention order. Supermax warned 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 on forced labour allegations. (The Edge)

Posted by dianatrader > 2021-10-26 18:37 | Report Abuse

Can still hold this stock?

Posted by TillyLovers > 2021-10-26 19:39 | Report Abuse

hihi, will the counter break RM2 within this year?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-10-26 21:31 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-26 21:34 | Report Abuse

Supermx warns big impact. Gg

Posted by good4lives > 2021-10-26 21:38 |

Post removed.Why?

Posted by partimeshark > 2021-10-26 22:08 | Report Abuse

if US fully blocked Supermax, then gg... GG.. superGG

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-10-26 23:05 | Report Abuse

Dark winter ahead for EU

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-26 23:14 | Report Abuse

I believe Stanley will divert the 3.7b cash in hand into other new bizs. No point to build factories in US now with the ban. Just putting the cash in some financial instruments will make around RM 100 mil p.a oredi. This ban could be a blessing in disguise. Its time to explore other viable recovery biz rather than to further commit into gloves. The doubling up to 48b capacity by end 2022 is good enough as far as glove biz is concerned.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-26 23:20 | Report Abuse

HAHAHA enough said
*************
This ban could be a blessing in disguise.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-10-26 23:33 |

Post removed.Why?

gohkimhock

3,117 posts

Posted by gohkimhock > 2021-10-26 23:36 | Report Abuse

better use the extra cash to diversify into other business instead of solely depending on gloves alone. The China threat is real.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-26 23:36 | Report Abuse

Ohmy here turning into super tanjung max d ... lost until sot2 dei

Maridien2

1,084 posts

Posted by Maridien2 > 2021-10-26 23:40 | Report Abuse

Stanley is a lucky guy, US ban took effect near winter when covid cases surging in europe. Can just dump those US stocks to europe.

Stanley is a lucky guy, new variant AY.4.2 is starting to replace delta as the dominant variant.

Stanley is a lucky guy, haven build the US factory so can cancel it.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-26 23:45 | Report Abuse

Tonee, repercussions from the ban, redivert stocks to where - only lowering the price? existing buyers will demand/sue for non delivery? 5 eyes to follow Us? New buyers will exploit w huge disc? Any spillover effect from H & K? Never say never

Please don't paper the cracks over this ban... tg said 70% gone without Us sales... you've been sugarcoating every bad news how many holland due to you die-hards

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-26 23:46 | Report Abuse

This Maridien2 first to check in tanjung max .....

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-10-26 23:49 | Report Abuse

"Blessing in disguise" LMAO

When can settle CBP??? Until then lower and lower Q
***********

https://themalaysianreserve.com/2021/10/25/supermax-to-face-substantial-impact-from-the-us-cbp-ban-says-midf-research/

Jason85

652 posts

Posted by Jason85 > 2021-10-27 00:39 | Report Abuse

Buy buy buy

Posted by Michael Yeo > 2021-10-27 07:16 | Report Abuse

Habis. Telorkop. Why so many bad news for gloves sector? Harta, careplus, topgloves and supermax all fell. Why they bully their foreign workers? Really disgusting. Pay the price for their misdeeds

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-27 07:43 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2021-10-27 07:46 |

Post removed.Why?

Posted by HIGHCHAPERAL > 2021-10-27 07:48 | Report Abuse

Most people write comments in a childish way. Absolutely no use to the forum.

myinvestor

1,218 posts

Posted by myinvestor > 2021-10-27 08:00 | Report Abuse

Glovemakers, tech companies and EMS players to shine

We are positive on exporters, namely, glove manufacturers, tech companies
and electronics manufacturing services (EMS) players.
While glove companies face labor and environmental, social and governance (ESG) concerns that impact valuations, global demand for gloves remains high as the pandemic is ongoing due to the spread of the Delta variant. Most manufacturers still have orders for more than a year. The average selling prices of gloves, albeit off their peaks, appear to be moderating and are largely within market expectations.

News from the edgE

bullpiano

193 posts

Posted by bullpiano > 2021-10-27 08:53 | Report Abuse

@ToneeFa I believe Stanley will divert the 3.7b cash in hand into other new bizs. No point to build factories in US now with the ban. Just putting the cash in some financial instruments will make around RM 100 mil p.a oredi. This ban could be a blessing in disguise. Its time to explore other viable recovery biz rather than to further commit into gloves. The doubling up to 48b capacity by end 2022 is good enough as far as glove biz is concerned.

Absolutely agreed. No point to put all eggs in one basket.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-27 08:56 | Report Abuse

Down trend !

danny5678

65 posts

Posted by danny5678 > 2021-10-27 09:12 | Report Abuse

SUPERMX OLCHF //DLLM

Posted by munfatt2000 > 2021-10-27 09:14 | Report Abuse

hold and enjoy dividend

Posted by Habisgl0v3333 > 2021-10-27 09:18 | Report Abuse

Selling pressure decreasing...

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