SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.85

Today's Change

+0.01 (1.19%)

Day's Change

0.835 - 0.85

Trading Volume

1,705,700


100 people like this.

222,737 comment(s). Last comment by Amazonboy 1 day ago

RISK8888

2,232 posts

Posted by RISK8888 > 2021-11-08 15:34 | Report Abuse

Coming QR If got 500mil. Sure give high dividend. If really scare can buy in slowly bit by bit lor.

Posted by Investor126 > 2021-11-08 15:57 | Report Abuse

Someone desperately press it below RM1.80.

MoneyMakers

7,676 posts

Posted by MoneyMakers > 2021-11-08 16:14 | Report Abuse

Still got people believe got 4B cash lol..wake up cash all gone 4 US factory

No cash to even give final div..can only give treasury shares 1:30

MoneyMakers

7,676 posts

Posted by MoneyMakers > 2021-11-08 16:17 | Report Abuse

Add more shares into market..faster drop after xdate

Posted by ChekHupCoffee > 2021-11-08 16:24 | Report Abuse

Investor126, ye man, this kind of price movements deliberately pressed down. Same with topglove.

RISK8888

2,232 posts

Posted by RISK8888 > 2021-11-08 16:43 | Report Abuse

Aiyo, us factory belum begin yet. Maybe call off ler. 4bil cash ler. Anytime announce big project join venture 5G ler. 4bil not small ler. Genting also don’t have net cash 4bil ler.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-08 16:53 | Report Abuse

Walao riskNoFatt ... do you even read what you write

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-11-08 16:55 | Report Abuse

Going down trend !

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-08 17:04 | Report Abuse

QR still 1b ++

Citadel123

352 posts

Posted by Citadel123 > 2021-11-08 17:05 |

Post removed.Why?

monetary

4,447 posts

Posted by monetary > 2021-11-08 17:35 | Report Abuse

welcome new low tomorrow.

cwc1981

1,424 posts

Posted by cwc1981 > 2021-11-08 17:35 | Report Abuse

Aiyo drop

Posted by risingstar21 > 2021-11-08 19:52 | Report Abuse

Hahaha. Really bad journey

Posted by Investor126 > Nov 8, 2021 11:01 AM | Report Abuse

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

Posted by risingstar21 > 2021-11-08 19:53 | Report Abuse

Having red downtrend again

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-08 19:58 | Report Abuse

All gloves investors know very well that the price drop today due to the shorty group buying and selling themselves . No glove investors are selling. Eventually they need to buy back to cover their position.
If he price drop with huge volume, then something is bad.
Today i didnt manage to buy any as i am away meeting. Hope this price still available tomorrow morning for my investment.

Gerrardo

630 posts

Posted by Gerrardo > 2021-11-08 20:14 | Report Abuse

Not even finish uptrend today

Posted by Gordon Weng M.T > Nov 8, 2021 9:10 AM | Report Abuse

good luck last 1.92. hopefully break 2.00 today

monetary

4,447 posts

Posted by monetary > 2021-11-08 20:17 | Report Abuse

This is my favorite

tah16600 From today onward, Supermx going up ,better buy fast ,don't say I did not tell u .
08/11/2021 9:05 AM

monetary

4,447 posts

Posted by monetary > 2021-11-08 20:21 | Report Abuse

Who the back care what shorty do. All we care is price up or down. When price up I never see ppl write this:

All gloves investors know very well that the price up today due to the operators buying and selling themselves . No glove investors are buying. Eventually they need to sell to take profit.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-08 20:21 | Report Abuse

Like jib gor famous phrase, cash is king. He just proves it with the return of his ill gotten 1mdb gains. No doubt the power of cash, black can become white, wrong can become right. Supermax got 3.7b cash, go figure.

monetary

4,447 posts

Posted by monetary > 2021-11-08 20:35 | Report Abuse

I only know your account got less power and eventually becomes no power. lol!

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-08 20:47 | Report Abuse

Another Top Glove factory worker dies, third in three months
https://www.malaysiakini.com/news/594010

Posted by dianatrader > 2021-11-08 20:48 | Report Abuse

Hold and then go down?

Posted by RockerArm > Nov 8, 2021 9:13 AM | Report Abuse

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

Posted by Start_0f_the_bull > 2021-11-08 21:13 | Report Abuse

Every week change new writers in the forum, where got short term? Older one also cut loss and left already. LOL

Posted by Investmalaysiaa > 2021-11-08 22:20 | Report Abuse

Endgame

Raiz368

1,607 posts

Posted by Raiz368 > 2021-11-08 22:23 | Report Abuse

By year end may fall to below RM1.00

Raiz368

1,607 posts

Posted by Raiz368 > 2021-11-08 22:26 | Report Abuse

Director start disposed their share but small retailer still buy and hold to support supermax...

RISK8888

2,232 posts

Posted by RISK8888 > 2021-11-08 22:41 | Report Abuse

the more it drop, more we sapu....buying company with 4bil cash with only 5bil mkt cap...don't miss the opportunity. Coming Qr still make hundred of millions if not billion.

RISK8888

2,232 posts

Posted by RISK8888 > 2021-11-08 22:42 | Report Abuse

Glove demand not dropping, covid not ending. vaccine not working. super continue making $$$.

monetary

4,447 posts

Posted by monetary > 2021-11-09 05:42 | Report Abuse

Make sure u sapu don't just talk song. A cheap lesson worths nothing. U need an expensive one.

skyu

2,497 posts

Posted by skyu > 2021-11-09 06:32 | Report Abuse

ok i think people with supermax just hope it won’t drop that much or at least side way. don’t worry MOMETARY, just mind your own business with your ow other stock holdings, no need to come here and curse and despised supermax gambler.

monetary

4,447 posts

Posted by monetary > 2021-11-09 07:25 | Report Abuse

Sp is in my watchlist. No doubt i m minding my own business.

skyu

2,497 posts

Posted by skyu > 2021-11-09 08:39 | Report Abuse

i see, interesting . now i know your agenda, waiting for your crystal ball signal to buy the lowest. watch and buy lowest agenda, i understand. how about the moneymakers , another person who love to curse supermax day and night ?

RockerArm

546 posts

Posted by RockerArm > 2021-11-09 09:10 | Report Abuse

Very weird Director selling when it is at super low. Don't y?

tah16600

2,646 posts

Posted by tah16600 > 2021-11-09 09:16 | Report Abuse

Aya! I guess kena force sell mah!, margin investor

skyu

2,497 posts

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

that is just a board of director, he does not control the operation of the company, his holding less than 9.8%. he may sell for personal matter like medical fees, or he really know supermax in deep trouble.

Sansing

1,028 posts

Posted by Sansing > 2021-11-09 09:24 | Report Abuse

What a unlucky director selling at wrong timing

xiaomixiaohai

1,169 posts

Posted by xiaomixiaohai > 2021-11-09 09:40 | Report Abuse

This is called KARMA

Timercheng

733 posts

Posted by Timercheng > 2021-11-09 09:40 | Report Abuse

Fortunately I listen to KCChong not to plays margin

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-09 09:42 | Report Abuse

Maybe director lost a lot of money playing baccarat in genting casino.

RockerArm Very weird Director selling when it is at super low. Don't y?
09/11/2021 9:10 AM

Timercheng

733 posts

Posted by Timercheng > 2021-11-09 09:48 | Report Abuse

Never in my mind I can think off, SPX selling at such ridiculous low price.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-09 09:55 | Report Abuse

Supermax downtrend continues as selling pressure too strong and many bad news ASP drop,CBP ban and makmur tax 33%

skyu

2,497 posts

Posted by skyu > 2021-11-09 09:58 | Report Abuse

all the gloves in lelong stilll. moneymakers curse works like a charm

Posted by Start_0f_the_bull > 2021-11-09 10:09 | Report Abuse

No sign of dropping stop now. Scary.

Posted by NatsukoMishima > 2021-11-09 10:20 | Report Abuse

People already know the glove price will eventually same as mask soon when China was triggered to challenge the market ! Malaysia glove stock will be in history ! Think your self carefully before it drop below rm 1 !!

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-11-09 10:21 | Report Abuse

Before the pandemic, it was trading about 65s to just over a ringgit (1.30 - 3.00 before various bonus issues in the past), so when asp and demand returns to normal, add in the increased capacities since, and you get an idea of what the normal prices will be again.

Posted by Start_0f_the_bull > 2021-11-09 10:38 | Report Abuse

I guess Kossan will be dropping faster than Supermax.

joyvest

10,540 posts

Posted by joyvest > 2021-11-09 10:41 | Report Abuse

What the hell is going on?

Why is dropping like diarrhea? What is the use of OBM ?

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-11-09 10:52 | Report Abuse

Ya... no hope for the short term. Luckily did not use margin. All retailers got burnt by gloves this year. Hopefully, this will turn around next year. Will just have to hold LT.

joyvest

10,540 posts

Posted by joyvest > 2021-11-09 10:55 | Report Abuse

Hold until you become half past six

Posted by Investor126 > 2021-11-09 10:57 | Report Abuse

Once again new low hit.
No support at all.

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