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 3 hours ago

skyu

2,497 posts

Posted by skyu > 2021-11-02 19:15 | Report Abuse

in fact rhe dy nor hisham did mentioned about gloves when we opened up the state border. he did mentioned the self test kick, rhe glove when people leaving to other state for visiting. i am quite sure i saw it in the news . of course , this doesn’t mean we must wear gloves when self testing , but it is advisable . food handlers, those waste handler or even gardener , they did need gloves to protect their hands and from any potential germs .

glove demand will undeniably increase, while production will follow in tandem. many claimed china mass production will made malaysian products being too competitive. don’t forget , we can’t even sure if china prodiction are sufficient for their local use with 1.4 nil population .

if i were to xompare gloves and malaysia leisure industry , i will definitely saying glove will have better prospect .

i don’t gamble big on this supermax, just a very small amount of less than 100k rm . first bought at rm 2.7 and still averaging all the way down till now .

i remembered there was a forum we , where i forgot the name sis mentioned rm 3 was safe where he denote some making sense figure in his writing.

this downtrend will probably still continue and i could make another wrong decision just like sapura energy previously

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-02 21:03 | Report Abuse

Supermax director keep selling Supermax shares not a good indication really depressing share prices until QR release end of this month

bpsiah

146 posts

Posted by bpsiah > 2021-11-02 21:11 | Report Abuse

Pledged shares so director need to sell because of funding/borrowing commitment??

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-02 21:25 | Report Abuse

Walao why this director nonstop selling..really suspense how bad coming qr

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-02 22:57 | Report Abuse

Today realised my dnex and switch to supermax. Hope dnex keep going up and I can keep selling and keep buying supermax. Tq all the seller for selling me at this price.

CoolBull

3,675 posts

Posted by CoolBull > 2021-11-03 02:00 | Report Abuse

that's becos hong seng is lucky not to be the target of relentless daily non-stop bullkrapping fearmongering shorting cartel goons

Posted by Benhobenhobenho > Nov 1, 2021 7:20 PM | Report Abuse

Strange eh!! Top glove shares n the rest dropped so much in share prices but Hong Seng can go up so much on the contrary, why? Any special about this counter, is their earnings more than top glove n the rest of the big 4

CoolBull

3,675 posts

Posted by CoolBull > 2021-11-03 02:04 | Report Abuse

which just says it all, about the real level of confidence that the guys who really know have, in the glove business & the future prospects of it

Posted by Drachen > Nov 1, 2021 6:54 PM | Report Abuse

Company to invest RM3bil in world’s largest nitrile butadiene facility in Kedah

https://www.freemalaysiatoday.com/category/nation/2021/11/01/company-to-invest-rm3bil-in-worlds-biggest-glove-plant-in-kedah/

CoolBull

3,675 posts

Posted by CoolBull > 2021-11-03 02:04 | Report Abuse

yep

skyu

2,497 posts

Posted by skyu > 2021-11-03 06:50 | Report Abuse

director selling is nothing to worry, he might sell with his own reason, if stanley thai and his wife sell, then u worry a bit. secondly, the director holding less than o.6% before selling if i not mistaken, this i number is too small and can be ignored . the other forum ker mean is, supermax is in nett cash position. if minus the debt no matter short or king term, supermax is still in comfortable nett cash position.

my humble opinion, no point looking at their cash, cash change daily or quarterlly. it doesn’t give us any hints if the company will stay afloat subsequently. but in nett huge debt position, then we probably need to worry

anyhow

2 posts

Posted by anyhow > 2021-11-03 07:20 |

Post removed.Why?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 08:43 |

Post removed.Why?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 08:44 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-11-03 08:48 | Report Abuse

Any comment on Riverstone, Intco & BlueSail?

CoolBull that's becos hong seng is lucky not to be the target of relentless daily non-stop bullkrapping fearmongering shorting cartel goons

Godlike88

58 posts

Posted by Godlike88 > 2021-11-03 08:49 | Report Abuse

Hongseng is selling material to the glove facotory. if glove no order, hongseng also in trouble too

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-03 08:56 | Report Abuse

The UK has had its highest number of daily Covid deaths reported since late February, as another 293 people have died within 28 days of a positive Covid-19 test.

UK government is increasingly worried that hospitalisations and deaths among double-vaccinated people could rise due to waning immunity as an estimated 4.5 million people have failed to get their booster shots despite being eligible.

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 08:57 |

Post removed.Why?

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-03 08:58 | Report Abuse

A scientist has quit the UK government’s pandemic advisery body Sage, saying that the Covid crisis is “a long way from over”. Sir Jeremy Farrar, quit the body at the end of October.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-03 08:59 | Report Abuse

Romania broke its daily death toll record, after another 591 people died from Covid. It has lagged behind on vaccinations and is well below the average within the EU.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-03 08:59 | Report Abuse

Public health officials in Ireland say that its case numbers are at their highest point since January, as another 3,726 were registered – 70% higher than a week ago.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-03 09:19 | Report Abuse

Maridien why spam for . US close doors to Spmx d, pray euro & UK don't follow . So much excess stocks sure throw price la . Common sense 101

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-03 09:20 | Report Abuse

New low for Top Glove under heavy selling pressure

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-03 09:24 |

Post removed.Why?

Posted by investmalaysia7777 > 2021-11-03 09:31 | Report Abuse

yea. unless you give me free then I want. otherwise drop below 1 only consider

Posted by Investor126 > 2021-11-03 10:00 | Report Abuse

Why is Supermax still remained silence if the US CBP WRO is a baseless allegation?

I see Supermax as being inactive in solving this issue. It has been almost two weeks, yet they are not transparent to their shareholders.

goody99

1,814 posts

Posted by goody99 > 2021-11-03 10:08 | Report Abuse

its share price is still higher than pre-pandemic level. Sellers/Potential sellers are those who bought it cheap last year and still profitable even if they sell now.

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 10:10 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-03 10:12 | Report Abuse

Supermx pennystock-level mgmt..dont expect TG-level handling on CBP issues

Posted by Edwardong53 > 2021-11-03 10:13 | Report Abuse

Just like sinking of Titanic .... the BIG BOSS of supermax abandoned ship immediately b4 anyone else unlike the Boss of Top Glove.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-03 10:14 | Report Abuse

eh got ah i thought pjseow speaks on behalf of BOD here ???
*******************
Investor126 Why is Supermax still remained silence if the US CBP WRO is a baseless allegation?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 10:16 |

Post removed.Why?

tallman

924 posts

Posted by tallman > 2021-11-03 10:35 | Report Abuse

How are the investors & traders think for stamp duty increase to 0.15% and the prosperity tax. Does this damper the sentiment of the market? I think big boys will dump all their tickets before 2021 to avoid high stamp duty charge

Dcmh

953 posts

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

Hoho China glove manufacturers stop production due to power crunch and high energy cost
ASP will double very soon

Posted by Stocksafeplayer > 2021-11-03 11:04 | Report Abuse

Is below true? Better wait for next Q results

https://www.theedgemarkets.com/article/top-glove-sits-rm860-mil-paper-loss-massive-share-buyback

Quote “Supermax, which closed at RM2.03, spent a total of RM222.4 million, or an average of RM4.36 each, for 51.05 million shares, translating into a paper loss of RM118.7 million.”

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-03 11:24 | Report Abuse

Harta TP all downgraded..waiting supermx turn

Posted by Benhobenhobenho > 2021-11-03 11:25 | Report Abuse

What happened? Supermax suddenly alive!!

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 11:26 |

Post removed.Why?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 11:27 |

Post removed.Why?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 11:27 |

Post removed.Why?

Posted by Habisgl0v3333 > 2021-11-03 11:28 | Report Abuse

Windfall tax is here .. haha told u guys since years ago.......

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-03 11:29 | Report Abuse

Dividend and dividend_share paid 2020 n 2021 total is 912.2m. This total did not include the propose special dividend share 1:30 (165m) fy 2021. The overall total will be over 1.0b if included the sp share div.

Posted by Habisgl0v3333 > 2021-11-03 11:31 | Report Abuse

1b so what, share price dropped from rm 12 to rm 1.84, a down of 84% hahaha.. better go genting , even losing 100% also happier

Posted by Habisgl0v3333 > 2021-11-03 11:33 | Report Abuse

Where djoker ? Last time dream of 2.01 , dream came true, then dream of 1.85, dream came true , now I give him new dream, 1.5

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-03 11:33 | Report Abuse

As at 30 June 2021, the Company held a total of 102,980,727 ordinary shares of its 2,720,619,520 issued ordinary shares as
treasury shares. Such treasury shares are held at a carrying amount of RM186,368,292.

Average price for treasury share is 1.80.

Posted by Habisgl0v3333 > 2021-11-03 11:34 | Report Abuse

If share price is base on pe, cash on hand, div, everyone warren buffet d , go hotel eat buffet d

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 11:35 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-03 11:39 | Report Abuse

pity glovers PPL 1yr + d plus kena mock everyday ... going to 2nd yr rip anniversary d

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-03 11:41 | Report Abuse

aiya best you glovers don't come here la "we are waste of time" right ?

Citadel12

1,045 posts

Posted by Citadel12 > 2021-11-03 11:45 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-03 12:33 | Report Abuse

Better just delete app few months no need see price everyday..come back nxt yr alrdy 65sen

Posted by Start_0f_the_bull > 2021-11-03 13:17 | Report Abuse

Just come in to take a look. Ha ha, only anti gloves kaki conversing among themselves.

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