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

Posted by Start_0f_the_bull > 2021-11-02 10:48 | Report Abuse

The way the price falls is like TG will also lose the big brother status to Hong Seng. Just saying.

Posted by Stocksafeplayer > 2021-11-02 10:50 | Report Abuse

Those who want to buy more…I respect your decisions. Just sharing personal view, jangan marah ya..

Do you think rich govts like US, European, China would not make sure that for future catatrophic pandemics, they would not want to be ‘at mercy’ of some business owners who managed to capitalise & benefitted HUGELY from this tragic pandemic?

I won’t be surprised if those western n asian govts have already planned ahead to ensure no more shortages of masks, gloves, PPC, etc in near future.

Chances are historical highs may be one-time only. So, invest with care :)

Posted by Stocksafeplayer > 2021-11-02 10:50 | Report Abuse

Sorry for my long essay….

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-02 10:51 | Report Abuse

why sorry kasi hantam aje ... the novel writer write rubbish also we tahan only
************
Stocksafeplayer Sorry for my long essay….

LossAversion

1,727 posts

Posted by LossAversion > 2021-11-02 10:52 | Report Abuse

Those who want to buy more is applying the Blue Ocean strategy? Respect. Be different and you will win!

Posted by investmalaysia7777 > 2021-11-02 10:54 | Report Abuse

@pjseow, LOL. you still keep thinking of the questions?? I even forget you ask that before. move on la. hahahaha. pity you

Posted by investmalaysia7777 > 2021-11-02 10:58 | Report Abuse

kossan, harta, topglove flat or up little. supermax drop 3.7%. can you explain it @pjseow. since you say supermax so good right

Posted by investmalaysia7777 > 2021-11-02 10:58 | Report Abuse

obviously supermax is the most overvalued glove company. that's why more room to drop

monetary

4,447 posts

Posted by monetary > 2021-11-02 11:03 | Report Abuse

Fully agree with stocksafeplayer. Only those are prepared will be benefited when the next pandemic comes. They learnt the lesson. They could see but couldn't eat bcos they didn't have the production capacity. So they will still expand even in short-term it's unprofitable. So if u think China will back off bcos of cost disadvantage u r very wrong!

monetary

4,447 posts

Posted by monetary > 2021-11-02 11:04 | Report Abuse

short term flood the market with minimal profit. just to survive. when next pandemic comes they earn kaw2.

pjseow

2,264 posts

Posted by pjseow > 2021-11-02 11:05 | Report Abuse

IM777, aiyo, you so black hearted. You said harta is the best.stock with moat and already reached prepandemic price. Now.dropped somemore you asked me to move on. Should I.cut loss or not ? Please give your advice . If you say cut loss , I will cut even with pain. I wont blame you.
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investmalaysia7777 @pjseow, LOL. you still keep thinking of the questions?? I even forget you ask that before. move on la. hahahaha. pity you
02/11/2021 10:54 AM

monetary

4,447 posts

Posted by monetary > 2021-11-02 11:08 | Report Abuse

now u know why fund managers don't buy? their level of thinking is a few levels higher than kaki5 analyst.

Posted by Start_0f_the_bull > 2021-11-02 11:08 | Report Abuse

Stocksafeplayer is also a very determined forum writer from the anti gloves group. Now is also here to join the party kah?

Posted by Stocksafeplayer > 2021-11-02 11:10 | Report Abuse

Learn new word today: Goobly-dygook Essays posted by supermax unauthorised promoters here meaning….

“language that is meaningless or is made unintelligible by excessive use of technical terms.”

Posted by Investor126 > 2021-11-02 11:11 | Report Abuse

Many who stuck high above still struggling to B/E. Unless if you have excessive cash without financial problem, else who can withstand this kind of pressure? No one can ever predict when will the next tide be too.

Posted by investmalaysia7777 > 2021-11-02 11:15 | Report Abuse

@pjseow, now you no come out with your projections d? now you just come here blow water only kikiki

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 11:17 | Report Abuse

Why sudden drop?? QR ready issit..getting exciting

Posted by Start_0f_the_bull > 2021-11-02 11:18 | Report Abuse

Ask anyone from HongSeng forum. Any projection or not?

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-11-02 11:23 | Report Abuse

Just be alert with a few groups who are making day and night comments on certain stocks and sectors. The same group who slaughtered the newbies, silly and stubborn investors and traders when there is money to be made. Happened to accumulate slightly lower and use some influence and same old tactics when the share price started to pick up. Intensifying effort just posting positive and one sided comments to lure more sillies to lay the foundation. When things went north, they are able to cash out and have little impact. Those hard labor brick layers stuck there. And what is amusing us was they seems alright and continue to be proud with paper loses and some fake callers here. The big boys are doing that and of course the little guys also adopting the same. Small and big are still earnings and profits from the naive, silly and poor and too smart contributors.

Biliskecil

760 posts

Posted by Biliskecil > 2021-11-02 11:23 | Report Abuse

Maximum will drop till 75 sens which is not long to go… just drop another rm 1, and we should buy in for long term

Biliskecil

760 posts

Posted by Biliskecil > 2021-11-02 11:24 | Report Abuse

Attractive price coming soon.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-02 11:24 | Report Abuse

Supermax bad stock. Hongseng very good stock, 9.6bil market cap almost 2x of supermax.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-02 11:27 | Report Abuse

haha indirectly ... and in short so many here ask pjseow DIAM 7 sau pei

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-02 11:30 | Report Abuse

Shorties are seen exiting on Harta. It could be they have reach the TP. Similar for other gloves short position, i believe they are exiting all before the end of year, shorties are worry about rise of the contract and stamp duty in 2022.

Harta short position 0.89%

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-02 11:36 | Report Abuse

suddenly 4 kings take cue from hongseng hahaha its time to run

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-02 11:37 | Report Abuse

4 horsemen turned into 4 cicakmen

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 11:42 | Report Abuse

U think lower short position now good meh??

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-02 11:51 | Report Abuse

first spillover effect from harta's impending Q ... hehe

cwc1981

1,379 posts

Posted by cwc1981 > 2021-11-02 11:58 | Report Abuse

Wait below 1.50

Fujisnow

70 posts

Posted by Fujisnow > 2021-11-02 12:05 | Report Abuse

wait the ASP US30 revenue reflect in mid of 2022 QR only start to average down, even if the share price its a higher price by then, its safer because your don't know the bottom. I am still holding Supermax at average price rm7.00.
Personally I think its good to have some glove in your investment portfolio in the long term.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 12:25 | Report Abuse

Walao pay rm7 for something worth 65sen..dunno keep longterm how many decades only can see return

Fujisnow

70 posts

Posted by Fujisnow > 2021-11-02 12:33 | Report Abuse

business has its up and down, its ok...what I really value is its network in western medical supply market, that has reflect clearly during the pandemic. So sorry to say the deeper it fall, I will be more glad.

Posted by Start_0f_the_bull > 2021-11-02 12:40 | Report Abuse

So many bad news, new ventures for gloves and uncertainties, I will wait, no hurry to grab it now.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 12:40 | Report Abuse

Whatever network in western medical supply valued only 65sen last time..nothing change

Feel free to collect/enjoy all the way down to 65sen

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 13:01 | Report Abuse

Walao stuck rm7 @ 75% capital loss

Year end later get div treasury share 1:30 @ div yield less than 1%

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 13:04 | Report Abuse

Mgmt very smart not giving cash div..only give out treasury share which they buy for pennies

New shareholders get div yield 3%++..old shareholders get less div depends on higher entry price

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-02 13:05 | Report Abuse

Harta qtr result revenue 2.0b Pat 914m. Record dividend 35.2ct. Despite Asp downtrend still very good result

SJSOON

2,576 posts

Posted by SJSOON > 2021-11-02 13:07 | Report Abuse

gloves stocks will head south to RM1.00

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-02 13:12 | Report Abuse

Netherlands to impose new coronavirus curbs as infections jump

The Netherlands will impose new coronavirus restrictions this week in a bid to curb a recent surge in infections, health minister Hugo de Jonge said on Monday (Nov 1).

"We can't escape having to take new measures", Mr De Jonge said. "The number of Covid-19 patients in hospitals is rising fast."

Cases on Monday were 45 per cent higher than a week ago at 7,700. More than 1,200 Covid-19 patients were in hospital, the most in five months.

https://www.straitstimes.com/world/europe/netherlands-to-impose-new-coronavirus-curbs-as-infections-jump

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 13:15 | Report Abuse

Walao harta profit drop 60% but super div 35sen..better spend all fast b4 gov take haha

Posted by Start_0f_the_bull > 2021-11-02 13:30 | Report Abuse

Minority shareholders are subject to the mercy of the directors. Last QR EPS 66c distributed dividend 20c only, now EPS 27c only but distribute dividend 35c instead.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-02 13:31 | Report Abuse

Dun worry la, many countries open up then cases spike again so no choice lock down again. Repeat this for another 5 years n glove business will continue to be good although not superb haha. Vaccines cannot eradicate covid as proven in many countries by now. Just like dengue, HIV n countless viruses cannot be eradicated despite many years of drug research.

pjseow

2,264 posts

Posted by pjseow > 2021-11-02 13:32 | Report Abuse

Aiya, Expected lah, ASP.was still at about ASP 68 lah. Dividend is a bit lower than tbe 60 % committed . Still.not bad lah. Almost a billion PAT per qtr.

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MoneyMakers Walao harta profit drop 60% but super div 35sen..better spend all fast b4 gov take haha
02/11/2021 1:15

Posted by Start_0f_the_bull > 2021-11-02 13:34 | Report Abuse

Next year additional tax of 9% likely to reduce the profit further.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 13:41 | Report Abuse

Waiting harta boss open mouth again talk how bad ASP..then everyone blame him trigger price crash lol

parastoo

24 posts

Posted by parastoo > 2021-11-02 13:52 | Report Abuse

At 1.82 it's a bargain price. With coming share dividend you actually paid 1.76. Notice large volume done today?

pjseow

2,264 posts

Posted by pjseow > 2021-11-02 14:16 | Report Abuse

IM777, With.CBP.ban , how.to give projections?
Supermx.management.themselves also dont know the real financial impact. It could be.20 to 50 % impact. Besides, we.also dont know when.it will be resolved. No point projecting . Just wait for MM s prepandemic 65 sen price . Dont know when can get this price. You and MM, GO.did not work.hard enough. No shorties go to harta but harta.already.go below.prepandemic price.
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investmalaysia7777 @pjseow, now you no come out with your projections d? now you just come here blow water only kikiki
02/11/2021 11:15 AM

Posted by Start_0f_the_bull > 2021-11-02 14:26 | Report Abuse

Now that the decrease in ASP is faster than anticipated, gloves makers are still talking about expansion, sectors expect increased glove usage
from emerging markets, heightened hygiene awareness and whatnot. There isn't any talks among each other. More amazing is one company is building a largest gloves factory in Kedah. How is demand for gloves catching up with the production?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-02 14:29 | Report Abuse

Sor lan gao Jor . Keep saying low enough/fake topup since 4xx . No need 65c . The price now enough put you in asylum for years
*************
You and MM, GO.did not work.hard enough.

Posted by Investor126 > 2021-11-02 14:38 | Report Abuse

Someone can consider to ask the management to hold the upcoming QR.
Since it keeps breaking new low, might as well suspend.

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