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 1 day ago

monetary

4,447 posts

Posted by monetary > 2021-11-05 07:01 | Report Abuse

even a construction player can tune into glove player. what moat does it have?

monetary

4,447 posts

Posted by monetary > 2021-11-05 07:11 | Report Abuse

Ppl argue glove is fundamentally severely undervalued but they ignore the fact that glove is so fundamentally sound bcos of 1off event. All investing gurus advice to refrain from investing in 1off gain.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-11-05 08:45 | Report Abuse

Commming down !

Youngkid

298 posts

Posted by Youngkid > 2021-11-05 09:39 | Report Abuse

Lelong! stock

parastoo

24 posts

Posted by parastoo > 2021-11-05 10:00 | Report Abuse

Breaking news: Europe facing 500,000 more Covid deaths by February, WHO warns

https://edition.cnn.com/2021/11/04/europe/europe-covid-winter-who-projection-intl/index.html

Rockers

249 posts

Posted by Rockers > 2021-11-05 10:04 | Report Abuse

Strong buy ,TP Rm3.50 short term , I think is achievable

Timercheng

733 posts

Posted by Timercheng > 2021-11-05 10:12 | Report Abuse

Super under value shd worths Rm14 if use PE 10 to calculate

Posted by SamLiRainMaker > 2021-11-05 10:18 | Report Abuse

TP 1

OnTime

2,188 posts

Posted by OnTime > 2021-11-05 10:24 | Report Abuse

up,up and away!

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-05 10:40 | Report Abuse

A software company with last qtr revenue of 7m and have a PE 843 9b market cap. Until now they have not produce a single glove. That was 1 year ago. So it is not easy to setup a glove factory if they are newbie.

To build a NBL factory is even more difficult. It will requires high financing at least 4b. I doubt it will able to borrow 4b with annual revenue of less 100m.

https://www.theborneopost.com/2020/08/25/mscm-appoints-turnkey-project-partner-to-kickstart-glove-business/#:~:text=On%207%20August%202020%2C%20MSCM%20Holdings%20had%20announced,a%20glove%20manufacturing%20plant%20in%20Sungai%20Petani%2C%20Kedah.

Dannyfyl88

1,218 posts

Posted by Dannyfyl88 > 2021-11-05 10:48 | Report Abuse

To start a business…talk is always easy… when comes to reality… it’s 100x different/difficult. All new glove players will only have 30% chances of surviving… like TG boss said. With lower ASP… it’s like 10% or lower…

masterus

3,605 posts

Posted by masterus > 2021-11-05 11:00 | Report Abuse

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Asia

US bans imports from fifth Malaysian firm in 15 months over alleged forced labour
US bans imports from fifth Malaysian firm in 15 months over alleged forced labour
A view of a waste basket with syringes and gloves. (File photo: AP/Alvaro Barrientos)

05 Nov 2021 09:43AM (Updated: 05 Nov 2021 09:43AM)
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KUALA LUMPUR: US customs authorities have banned imports from Malaysian rubber glove maker Smart Glove over alleged forced labour practices, making it the fifth Malaysian firm to face such a ban in the past 15 months.

The US Customs and Border Protection (CBP) issued a "Withhold Release Order" that prohibits imports from Smart Glove and its group of companies, the CBP said in a statement on Thursday (Nov 4), a decision it said was based on reasonable evidence that indicates "Smart Glove production facilities utilise forced labour".

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 11:50 | Report Abuse

Last day to clear..monday selloff @ kossan xdate

tah16600

2,646 posts

Posted by tah16600 > 2021-11-05 12:45 | Report Abuse

Cash cow company amount to RM3.8 Billions in balance sheet

Larn

280 posts

Posted by Larn > 2021-11-05 12:50 | Report Abuse

MM..sure or not...foreign financial firm grade spmx fair value much higher...

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 13:26 | Report Abuse

Cash all gone build US factory @ none left 4 shareholders..thats why final div only get treasury shares 1:30

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 13:27 | Report Abuse

Larn Just hodl down to 65sen nobody cares

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 13:49 |

Post removed.Why?

RISK8888

2,231 posts

Posted by RISK8888 > 2021-11-05 14:20 | Report Abuse

sold kossan this morning to buy supermax @ 1.92. Supermax is great at this point having 4billion cash on hand with market cap only 5billion. If coming QR can shows 500mil profit means I'm buying this company almost FOC.

RISK8888

2,231 posts

Posted by RISK8888 > 2021-11-05 14:27 | Report Abuse

since start of pandemic, Super already achieve cumulative Profit of 4.2Billion. Another 800mil (coming QR may achieve 80% of this) will be equivalent 5billion (same as current market cap). Even US ban it's product, Super will still be making profit (but lower bit la) and therefore is very worth to buy in now. Now is like buying a free company with longterm stable income (cash rich also). Every QR get dividend sure no problem.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 14:27 | Report Abuse

Aiyaa donkey89 alrdy got ur 2.01still waiting fake topup somemore meh wakakawakaka

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 14:31 | Report Abuse

Very ‘smart’ buy supermx FOC when WHOLE WORLD (local/foreign) dont want

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 14:38 | Report Abuse

Is GREEN day...LOL
0.65 no where to be seen

Boooooo

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 14:41 |

Post removed.Why?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-11-05 14:44 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-11-05 14:46 | Report Abuse

MM..u talk BS only..i wait ur bloodbath bla2 la..nothing near...every other glove QR u say bloodbath..but never get to 65sen..u sure or not can get 65sen..im ready with loaded cash already...

Larn

280 posts

Posted by Larn > 2021-11-05 14:47 | Report Abuse

CBP..ayoo..like nothing happen...

Larn

280 posts

Posted by Larn > 2021-11-05 14:50 | Report Abuse

u say no fund/institution buying...BS talk..do u even see who buying slowly

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 14:52 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 14:57 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-11-05 15:01 | Report Abuse

some more..

Borrowing rate for Spmx higher wor...5%, they can maintain maa...joker..

ayoo..and need to pay also share dividen for each 30 share they borrow...koyak woooo

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 15:04 | Report Abuse

Aiyoo larn soo long here nonstop BS..which fund/instit (local/foreign) buying

Price wont be 1.9 if big funds collecting

Larn

280 posts

Posted by Larn > 2021-11-05 15:05 | Report Abuse

smart fund is collecting...thanks to RSS...quickly la bring down price..more exciting..dont just talk BS

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 15:06 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 15:08 | Report Abuse

No need wait soo long left..Q1 (nxt 2 bad QR release) can see 65sen alrdy

Larn

280 posts

Posted by Larn > 2021-11-05 15:09 | Report Abuse

haha...just keep bring the price down la..quickly

u think all sold share evaporate ka..joker

must have buyer maa...u don know ka...joker

we are like ikan bilis..we cannot afford to buy at this price..need to wait 65senn u promise..when can happen???

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 15:10 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 15:10 | Report Abuse

Haiyaaaaaa

Larn

280 posts

Posted by Larn > 2021-11-05 15:15 | Report Abuse

borrowed 64.7mil shares...ayoo..share dividen 1:30..

borrow rate 5% not cheap also wor...

tax lagi..

RSS u make money or not at this price....

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 15:16 | Report Abuse

Bodoh punya MM, fart 3 fart 4 the price still green.

Useless fjed

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-05 15:18 | Report Abuse

Shorties sweating bullets defending now, die shorties die.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 15:19 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-11-05 15:23 | Report Abuse

iya Djoker89...day and night spamming this forum no hope..no money left..ayoo BS talker

Larn

280 posts

Posted by Larn > 2021-11-05 15:24 | Report Abuse

no scare la MM...i told u loaded cash standby already..no BS talkk..just bring the price down quickly..

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 15:25 | Report Abuse

Walao why soo triggered when mention target 65sen (orig price)

Scared become reality issit..just wait&see

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-05 15:25 | Report Abuse

By now should alrdy be mentally prepared for possibility 65sen

No need soo triggered..warn longtime alrdy

Larn

280 posts

Posted by Larn > 2021-11-05 15:26 | Report Abuse

ayoo...waiting forever..MM empty can talker..

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-05 15:27 |

Post removed.Why?

Larn

280 posts

Posted by Larn > 2021-11-05 15:28 | Report Abuse

65sen really good and tempting price wor...waiting and hoping..but dunno when can happen...MM keep saying will happen pre pendemic price..bloodbaths bla2..ayoo..

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