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

Posted by ThePowerOfGlove > 2021-11-07 19:52 | Report Abuse

So the frontliners are still gonna need gloves to protect themselves

Posted by michaelgohmox > 2021-11-07 20:10 | Report Abuse

Must be very painful ya, at rm4.00 thought sih beh low d, but really 0.80 confirm can buy, buy d the stock will sleep for the next 20 years wkwkwkwkwkw

JJchan

7,182 posts

Posted by JJchan > 2021-11-07 20:21 | Report Abuse

from my shipping experience, Cargo Ship Captain will sent ship manifest ( all its Containers &
registered Good ) to US Port of Unloading when the vessel is Half way from the Destination so
SuperMax has atleast 30days LeadTime knowing CBP has Blocked its Goods.----meaning
30days of Revenue will be wipe-off from current Qr...... ( or next Qr )
Director selling And someone keep pushing price Up eventhough Qr results are way off its
normal release Date----I have suspicion this Qr results maybe Bad ( given Harta and Kossan Qr )

JJchan

7,182 posts

Posted by JJchan > 2021-11-07 20:28 | Report Abuse

I think management is desperately trying to find a solution before they release / Delay Qr results.
This may prevent price from plunging due to Bad News

Posted by Start_0f_the_bull > 2021-11-07 21:10 | Report Abuse

Supermax upcoming QR to be released is for July 21 to September 21, CBP ban effective from October 21 is irrelevant to the numbers in the upcoming QR.
Sales of those gloves in the cargo ship(s) on the way to US after September 21 will only be taken into account for QR of Oct-Dec 21.
However, notes to the QR about the progress of the diversion of the cargo from US to Europe maybe included in Jul-Sep 21 QR.

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-07 21:34 | Report Abuse

China 17 provinces have detected COVID cases. All these provinces are doing massive testing to eradicate the COVID.
The Doctor Zhong Nan Dan has advocates massive testing in the coming winter in order to totally detect and eradicate the COVID cases in the coming winter.
Due to this glove production in China only for china consumption from October production onwards.

Posted by ThePowerOfGlove > 2021-11-07 22:29 | Report Abuse

MARGMA expecting rubber glove supply shortfall of 80 billion pieces in 2021

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

MARGMA expecting rubber glove supply shortfall of 80 billion pieces in 2021

Posted by ThePowerOfGlove > 2021-11-07 22:30 | Report Abuse

singapore covid-19 cases just hit record high 4,248 cases per day on friday 29 october 2021

Posted by ThePowerOfGlove > 2021-11-07 22:30 | Report Abuse

UK still doing 43,000+ cases per day

Posted by ThePowerOfGlove > 2021-11-07 22:31 | Report Abuse

high vaxxing rate alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.

even highly vaxxed UK & singapore struggling hard to manage covid now

Posted by ThePowerOfGlove > 2021-11-07 22:31 | Report Abuse

vaxxing alone can't do the job, as has been proven by experiences in US, UK, israel, singapore etc.

Posted by ThePowerOfGlove > 2021-11-07 22:32 | Report Abuse

only wackos, nuthedds, crackos & stuppidos still believe that covid-19 gonna disappear completely in one month, just with high vaxxing rate alone

Posted by ThePowerOfGlove > 2021-11-07 22:39 | Report Abuse

shorting gang spend every hour of their life awake dissing gloves, badmouthing gloves, attacking gloves, talking gloves down, in order to drag glove stock price down further

Posted by ThePowerOfGlove > 2021-11-07 22:40 | Report Abuse

RSS shorting is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-11-07 22:40 | Report Abuse

RSS shorting does not produce any real tangible positive benefit to Bursa at all

Posted by ThePowerOfGlove > 2021-11-07 22:41 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by FortuneBlooming > 2021-11-07 23:33 | Report Abuse

wise guys collect slowly & quietly at low

Posted by FortuneBlooming > 2021-11-07 23:34 | Report Abuse

vaccination rate is only the input part

but what is the outcome?

not certain yet, especially with country opening up & loosening up so fast

just look at singapore latest record high 4,248 cases per day on friday 29 october 2021

Posted by FortuneBlooming > 2021-11-07 23:35 | Report Abuse

we have yet to see whether malaysian high vaxxing rate can deliver a sustainable low daily infection rate or otherwise, what with the rapid opening up & loosening up of everything

daily infection rate is the outcome part that we should be focusing on

vaxxing rate is merely the input part

UK, US, israel, singapore all already achieved high vaxxing rate 7 months or more earlier than malaysia

but look what happened up to them all after they opened up & loosened up everything so fast, even with 85% vaxxing rate

Posted by FortuneBlooming > 2021-11-07 23:35 | Report Abuse

dude, you need to upgrade your understanding about glove usage, big time

it is mainly the frontliners who are using the gloves for their own personal safety & health protection

you as a patient do not need to wear them

get it?

Posted by gemfinder > Oct 31, 2021 6:07 PM | Report Abuse

Minotlr or no sympton. No need hospitalisation. No need gloves. Kakakaaka

tah16600

2,646 posts

Posted by tah16600 > 2021-11-08 09:05 | Report Abuse

From today onward, Supermx going up ,better buy fast ,don't say I did not tell u .

tah16600

2,646 posts

Posted by tah16600 > 2021-11-08 09:09 | Report Abuse

Supermx won't stay low long if not the operators will be roasted sooner or later

Posted by Gordon Weng M.T > 2021-11-08 09:10 | Report Abuse

good luck last 1.92. hopefully break 2.00 today

RockerArm

546 posts

Posted by RockerArm > 2021-11-08 09:13 | Report Abuse

Short term more than 3 bucks I think is achievable, just buy n hold long

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-08 09:52 | Report Abuse

Superbull

RockerArm

546 posts

Posted by RockerArm > 2021-11-08 09:57 | Report Abuse

Supermx got abt 4 Billions cash in its coffer, another word cash cow company. Where to find in Boosa selling below Rm2

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-08 10:12 | Report Abuse

so funny watching loser glovers climax on friday's measly +2% ...

been hearing rss gg since january la

monetary

4,447 posts

Posted by monetary > 2021-11-08 10:19 | Report Abuse

kikiki.... so many bilis pretending as fund managers. even real fund managers don't talk as big as bilis

Posted by Investor126 > 2021-11-08 11:01 | Report Abuse

Journey to the South again?
Keep dropping and many "collect" happily. Pray no more new low.
When want to release the QR?

Onggal

763 posts

Posted by Onggal > 2021-11-08 11:21 | Report Abuse

Awaiting 1.50 soon n not hurry now
Cheers

Posted by Start_0f_the_bull > 2021-11-08 11:38 | Report Abuse

Some people has already cut loss, some new one came in. Share market is interesting.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-08 11:47 | Report Abuse

All waiting for Supermax QR tis month

RockerArm

546 posts

Posted by RockerArm > 2021-11-08 12:06 | Report Abuse

Thanks to operators for me to accumulate cheap2

monetary

4,447 posts

Posted by monetary > 2021-11-08 12:19 | Report Abuse

run la... not bottom yet

skyu

2,497 posts

Posted by skyu > 2021-11-08 12:21 | Report Abuse

bottom or not bottom have to wait for moneymakers to judge

Posted by Start_0f_the_bull > 2021-11-08 12:22 | Report Abuse

Looks like selling pressure is still strong.

Posted by Start_0f_the_bull > 2021-11-08 13:22 | Report Abuse

MoneyMakers has been shouting 65c for months. The gap now is RM1.22, embarrassing or not I don't know.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-11-08 13:25 | Report Abuse

Down trend !

Posted by Habisgl0v3333 > 2021-11-08 13:33 | Report Abuse

Omfg

danny5678

65 posts

Posted by danny5678 > 2021-11-08 13:56 | Report Abuse

totoli hopeless, this counter DLLM

skyu

2,497 posts

Posted by skyu > 2021-11-08 14:12 | Report Abuse

6.5. way too optimistic i assume . now people are busy with pfizer pills. the america is making another trillion worth of company . camsino dead too

skyu

2,497 posts

Posted by skyu > 2021-11-08 14:13 | Report Abuse

the pfizer promised by january 2022, covid will become human history. is a good news but sounds dodgy

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-08 14:26 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-08 14:29 | Report Abuse

Bad fundamentals (low ASP/profit, oversupply, china competition, CBP) now too obvious..nobody wants glove anymore

Super low volume..current baghodlers = last batch baghodlers

Posted by value_seeker > 2021-11-08 14:34 | Report Abuse

Glove will move downward for the next one to two years. Side way and down with general trend moving down. This will be most likely correct. However this does not mean those who bought now will confirm lose money as it will rise in future. Stock there is no answer whether will go up or down in time to come.

Posted by Start_0f_the_bull > 2021-11-08 14:34 | Report Abuse

Sometime people bought in and write positively about the stock but when the stock drops down they can ask "how is your mom doing?". LOL

Posted by Start_0f_the_bull > 2021-11-08 14:40 | Report Abuse

It is very difficult to tell at what price is the bottom.

abcb

3,030 posts

Posted by abcb > 2021-11-08 15:01 | Report Abuse

TP1.39

RISK8888

2,231 posts

Posted by RISK8888 > 2021-11-08 15:32 | Report Abuse

Ada 4bil cash. Mkt cap only 5bil. Really worth to buy ler. Where can you find another listed company with similar cash reserve?

RISK8888

2,231 posts

Posted by RISK8888 > 2021-11-08 15:33 | Report Abuse

Now drop more worth to buy. Lagi next month got share dividend.

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