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

Timercheng

733 posts

Posted by Timercheng > 2021-11-09 16:05 | Report Abuse

Don't play2 with Operators, there r filthy rich

tah16600

2,646 posts

Posted by tah16600 > 2021-11-09 16:08 | Report Abuse

Kali ini betul2 cirit

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-09 16:11 | Report Abuse

China evergrande and kaisa won't be in deep shit if they are cash rich and low debt. In times of trouble cash rich low debt company like supermax will be the first to survive. short term pain for long term gain is worth it. If sharks don't press low how can buy with such good price.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-09 16:18 |

Post removed.Why?

Posted by dianatrader > 2021-11-09 16:19 | Report Abuse

It really back to normal - down

Posted by tah16600 > Nov 9, 2021 4:08 PM | Report Abuse

Kali ini betul2 cirit

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-09 16:20 | Report Abuse

The US Centers for Disease Control and Prevention added two northwestern European countries to its list of "very high" risk travel destinations this week amid a surge in cases in Europe that a WHO official has said is "of grave concern."

The Netherlands and Luxembourg were added to the CDC's highest risk category Monday afternoon. There were both previously listed as Level 3, or "high" risk for Covid-19.
Hans Kluge, a World Health Organization regional director, said Thursday that every country in Europe and Central Asia is "facing a real threat of Covid-19 resurgence or already fighting it."

"The current pace of transmission across the 53 countries of the European Region is of grave concern," Kluge said.

https://edition.cnn.com/travel/article/cdc-very-high-risk-travel-destinations-november-8/index.html

tah16600

2,646 posts

Posted by tah16600 > 2021-11-09 16:24 | Report Abuse

Margin clients kena kaw2

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-09 16:25 | Report Abuse

Pfizer said Friday that its easy-to-administer Covid-19 pill, used in combination with a widely used HIV drug, cut the risk of hospitalization or death by 89% in high-risk adults who’ve been exposed to the virus.

It’s now the second antiviral pill behind Merck’s to demonstrate strong effectiveness for treating Covid at the first sign of illness. If cleared by regulators, it would likely be a game changer in the ongoing global pandemic fight.

Pfizer CEO Albert Bourla told CNBC the company plans to submit its data to the Food and Drug Administration before Thanksgiving.

“I think this medicine will change the way things are happening right now that will save millions and millions of lives, it has the potential to do it,” Bourla said in an interview on CNBC’s “Squawk Box.” He said the company has “the capacity right now of 500 million pills,” which he said translates to 50 million treatments. “The very high efficacy comes even to us as a surprise, exceeds our most visionary expectations we had for that.”

tah16600

2,646 posts

Posted by tah16600 > 2021-11-09 16:27 | Report Abuse

Give share dividend also useless

Youngkid

298 posts

Posted by Youngkid > 2021-11-09 16:30 | Report Abuse

Ayoyo! now price below NAB

Youngkid

298 posts

Posted by Youngkid > 2021-11-09 16:32 | Report Abuse

Next bull run will be 10 yrs from now

Posted by investmalaysia7777 > 2021-11-09 16:35 | Report Abuse

@pjseow, hope youre doing well

Rockers

249 posts

Posted by Rockers > 2021-11-09 16:38 | Report Abuse

DDDDDDDDDDD

Posted by Habisgl0v3333 > 2021-11-09 16:43 | Report Abuse

WATERFALL ! I already ask people to sell when hit 2.4 !!!! Out for short trade only

Posted by Habisgl0v3333 > 2021-11-09 16:48 | Report Abuse

F4 , salute for glovers , die hard fan, hold until 0

Posted by Benhobenhobenho > 2021-11-09 16:50 | Report Abuse

Why sell at a highly manipulated price, look at Hong Seng a company also selling gloves n the share price now

Dannyfyl88

1,218 posts

Posted by Dannyfyl88 > 2021-11-09 16:50 | Report Abuse

I wish it was zero... as I can buy more for nothing. Hold lah...

Posted by Investor126 > 2021-11-09 16:54 | Report Abuse

1.71. Another crazy new low.

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-09 16:56 | Report Abuse

u know bursa don't make sense one la, hongseng with their invincible profit is worth 9b. Only in malaysia the crooks win.

Ron90

4,114 posts

Posted by Ron90 > 2021-11-09 16:58 | Report Abuse

lower than NAV !!!.. baik bayar dividen from supermax 3 bil reserve.

bigfan01

60 posts

Posted by bigfan01 > 2021-11-09 17:00 | Report Abuse

rm1 i also want buy la

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-09 17:02 | Report Abuse

Orders now surging again

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-09 17:04 | Report Abuse

Supermax closing new low 1.71 falling 7% today very terrible capital loss as share prices will keep downtrend as it nears QR release end of this month

Ron90

4,114 posts

Posted by Ron90 > 2021-11-09 17:06 | Report Abuse

when price below NAV and company still making good profit.. its about time to go in la. price already entering ridiculous speculative zone... and remember gamestop? SS are the future buyer.

Posted by Investor126 > 2021-11-09 17:17 | Report Abuse

Still have not received any update on the US' factory, but luxury condo only.

Posted by NatsukoMishima > 2021-11-09 17:18 | Report Abuse

@MoneyMakers Nice 2 see old glovers like monetary/natsuko join the dark side..at least manage 2 save capital early instead of total loss

_____________________________________________

If u see how they using AI technology to mske gloves u will surprised because manpower only a few , all automatic control temperature n packaging ! I am lucky that i still can protect 50% capital n jump to cocoaland n vstecs for good dividend ! It really will drop below rm 1 , not a joke !

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-09 17:19 | Report Abuse

Deduct 3.6B cash from NAV better..all cash alrdy gone pay US factory

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-09 17:19 | Report Abuse

Ding3 1.71 new low closing..Looks like 1.5 by yr-end not a dream

Posted by NatsukoMishima > 2021-11-09 17:27 | Report Abuse

Warren buffet value investment theory misleading a lot of people lost huge amount of money in glove stocks , a very expensive lesson in stock investment !

IronShirt

3,178 posts

Posted by IronShirt > 2021-11-09 17:27 | Report Abuse

3 bil Cash if pump into USA factory will suffer losses for next 3years...Better distribute 3bil
back to shareholders. Average USA worker is RM380 / Day ( excluding benefits)....Average
Bangla per day in Klang is RM 110 ( with all overtime allowed RM 180 / Day And No Benefits )
So USA workers are 4X more expensive than Bangla ( all-in basis ).....Can Super Glove cover
this extra Labour Cost selling " Made-USA-Glove"???

oasischeah

1,461 posts

Posted by oasischeah > 2021-11-09 17:28 | Report Abuse

Nowadays you do not hear directors or GLC buying the glove stocks or buy back. So, the best is wait for new lows as cash will be king.

warrenG

374 posts

Posted by warrenG > 2021-11-09 17:29 | Report Abuse

anoter new low today QR must be really bad, thats why it was delayed...

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-09 17:53 | Report Abuse

at least danny conceded and ate humble pie

look at this joker taking cue from hongseng now HAHA
*********
Benhobenhobenho Why sell at a highly manipulated price, look at Hong Seng a company also selling gloves n the share price now

monetary

4,447 posts

Posted by monetary > 2021-11-09 18:08 | Report Abuse

Manipulated, cornered, washing, whatever it's u must have a cutloss limit. Why so dai lan gong holding a burning charcoal. U can always pick it up when it has cooled down.

monetary

4,447 posts

Posted by monetary > 2021-11-09 18:12 | Report Abuse

seeing your cash depletes rapidly still say happy. brain damage.

Posted by BursaBearAlways > 2021-11-09 18:16 | Report Abuse

Why mention warren, he nothing great
He is a dinosaur
Bcou he didnt like bitcoin

Posted by BursaBearAlways > 2021-11-09 18:18 | Report Abuse

Ironshirt, many malaysian only earn rm50 perday.
Bangla should be happy.

Posted by BursaBearAlways > 2021-11-09 18:22 | Report Abuse

Supermx did the right thing, give more job to usa worker.
So they can sell gloves to usa
If they hire bangla, gloves is ban in usa
This only way to survice.

Posted by BursaBearAlways > 2021-11-09 18:26 | Report Abuse

Gloves is dead bcou short selling
Serba do the right thing
Do gloves boss have ball to do the right thing
If not then supermx welcome 0.50,that for sure

Posted by BursaBearAlways > 2021-11-09 18:34 | Report Abuse

Only they can sell down but we as retailer not allow to sell down.
Only at 0.50 retailer allow to sell but its to late late.

Posted by Benhobenhobenho > 2021-11-09 18:50 | Report Abuse

Look at Hong Seng share price also a manufacturer of gloves

Posted by Benhobenhobenho > 2021-11-09 18:52 | Report Abuse

If they want to manipulate the share prices, no one can do anything, just let it be la.

monetary

4,447 posts

Posted by monetary > 2021-11-09 19:22 | Report Abuse

That's wat we call state of denial lo... Riverstone, Mercator, Into, BlueSail all have identical trend to Malaysian glove u don't compare. Just compare with HongSeng. Just like the dai lan gong keep digging doom news lo.... When he sees the positive news pretends not seeing. Only see doom news. U r in BIG TROUBLE!

Benhobenhobenho Look at Hong Seng share price also a manufacturer of gloves
09/11/2021 6:50 PM

monetary

4,447 posts

Posted by monetary > 2021-11-09 19:25 | Report Abuse

If I were u I sell everything n leave stock market. Only come back when my mentality is corrected.

Posted by michaelgohmox > 2021-11-09 19:49 | Report Abuse

Pre covid price should be 0.80 cents , give premium since post covid, 1.35 cents

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-09 20:49 | Report Abuse

Riverstone Sg September results
Revenue : 652M Vs 987M
Gross profit: 357M Vs 686M( 55% Vs 70%)
PBT: 350M Vs 675M( Reduced 48%)

cwc1981

1,379 posts

Posted by cwc1981 > 2021-11-09 21:18 | Report Abuse

Simpan peti sejuk. Habis cerita

Posted by Benhobenhobenho > 2021-11-09 21:23 | Report Abuse

It's perfectly normal for companies to report reduced profits or increased profit or even losses. In biz u can't make profits all the time.

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-09 21:32 | Report Abuse

Riverstone plants are in Rawang and Taiping . Both in Selangor and perak.supermax plant is similar with riverstone. If using riverstone as a guide,supermax profit before tax should be approximately 450m to 600m.

Posted by Benhobenhobenho > 2021-11-09 21:34 | Report Abuse

But the manipulators are using these drop in profits n asp to continue pressing down the share prices hoping to get cheap n low prices. Bear this in mind, share price cannot be forever be down n neither can it be up all the time.

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