Posted by gemfinder > 2021-11-09 21:35 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-11-09 21:37 | Report Abuse

Agreed, super normal profits of glove stocks could be just a one off event last year but the fundamentals of the big 4 remained strong with billions retained earnings.

Posted by gemfinder > 2021-11-09 21:38 |

Post removed.Why?

Posted by GlovesOff > 2021-11-09 21:51 | Report Abuse

HAHAHA

Down 1yr+ not enough?
*********
share price cannot be forever be down n neither can it be up all the time.

Posted by Nkk1370 > 2021-11-09 21:59 | Report Abuse

At 1.70,worth to take a look

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

Drop back to rm0.80-1.30 then side ways for 20 years can or not…….. check back 10 years ago
Can sleep for long long time

Posted by MoneyMakers > 2021-11-09 22:40 | Report Abuse

Whatever strong fundamentals can only support share price 65sen (orig price)

Posted by Maridien2 > 2021-11-09 22:46 | Report Abuse

Covid hospitalisations in France saw their highest daily rise since August. French health authorities said he number of people hospitalised because of Covid went up by 156 over the past 24 hours, the highest daily rise since 23 August, to reach a one-month peak of 6,865. The president Emmanuel Macron will address the nation on Tuesday about the resurgence of Covid infections.

Posted by Maridien2 > 2021-11-09 22:47 | Report Abuse

Denmark has proposed reinstating the use of a digital “corona pass” to be presented when Danes visit indoor bars and restaurants, as the country is entering a third wave of the Covid-19 pandemic, Reuters reports.

The pass is used to verify that the holder is vaccinated or has tested negative for the coronavirus. Denmark was one of few countries to lift almost all remaining restrictions in September after having avoided a third wave of infections over spring and summer due to broad lockdown measures imposed since Christmas.

But the number of daily infections has risen steadily to around 2,300 in recent days from a low of just over 200 in mid-September.

Posted by Maridien2 > 2021-11-09 22:48 | Report Abuse

“Several European countries are now in the middle of their fourth wave of corona. In Denmark we are heading into our third corona wave,” health minister Magnus Heunicke said during a televised briefing on Monday.

Posted by Loh Kok Wai W > 2021-11-09 22:54 | Report Abuse

near end of the.year........fundmanager long holiday...n more negative news in Malaysia....better sideway n save your money.....any rebound is sell.....wait new year .........

Posted by MoneyMakers > 2021-11-09 22:55 | Report Abuse

No use everyday search covid numbers..not like last time anymore - cases up goreng up

Posted by MoneyMakers > 2021-11-09 22:59 | Report Abuse

Now everyday goreng baghodlers

Nobody want gloves anymore..current baghodlers = last baghodlers..last frog in pot..last hot potato

Posted by Ryan83 > 2021-11-09 23:01 | Report Abuse

Supermax heavy selling down today 7% but short selling volume today 28k shares only out of total daily transaction 16.5 millions shares today equivalent to just 0.17% RSS volume.... High selling today must be from local and foreign institutional investors

Posted by FortuneBlooming > 2021-11-10 01:30 | Report Abuse

10-fold surge in just 2 months of full opening up & loosening up

yet so many malaysian stuppidos, including top politicians & decision makers, seem to think that malaysia is gonna eradicate covid completely in just couple more months

Posted by Maridien2 > Nov 9, 2021 10:47 PM | Report Abuse

Denmark has proposed reinstating the use of a digital “corona pass” to be presented when Danes visit indoor bars and restaurants, as the country is entering a third wave of the Covid-19 pandemic, Reuters reports.

The pass is used to verify that the holder is vaccinated or has tested negative for the coronavirus. Denmark was one of few countries to lift almost all remaining restrictions in September after having avoided a third wave of infections over spring and summer due to broad lockdown measures imposed since Christmas.

But the number of daily infections has risen steadily to around 2,300 in recent days from a low of just over 200 in mid-September.

Posted by FortuneBlooming > 2021-11-10 01:31 | Report Abuse

yep

Posted by FortuneBlooming > 2021-11-10 01:31 |

Post removed.Why?

Posted by goody99 > 2021-11-10 06:57 | Report Abuse

I agree with IronShirt. The factory in US is another factor that we have to consider. If share price of glove stocks is going to go back to pre-pandemic level or worse, I believe Supermax is the most likely candidate due to the factory in US. That is why I still think it is prudent to sell now and buy back later.

Posted by RISK8888 > 2021-11-10 07:43 | Report Abuse

Harta with 5bil cash worth 19bil mkt cap. Super 4bil cash only 4bil mkt cap. Don’t buy bodoh lor. I will makan as much as I can. Glove business will sustain as long as human is a live.

Posted by RISK8888 > 2021-11-10 07:45 | Report Abuse

Don’t sell at current price. Add more to average price. It is already bottom. 4bil cash man, not joking.

Posted by GroundZeroIV > 2021-11-10 07:49 | Report Abuse

told all you s0r hai more than 1 year ago. market is always forward looking. keep blaming the shorties until now. so funny

Posted by GroundZeroIV > 2021-11-10 07:49 | Report Abuse

Supermx cycle:


New Low
Dead cat bounce
Celebrate
Repeat


-this comment never gets old

Posted by Start_0f_the_bull > 2021-11-10 07:53 | Report Abuse

Throw 4bil into building glove factory in US might as well distribute the cash to shareholders. What the bosses have in their minds?

Posted by stingray_ea > 2021-11-10 08:33 | Report Abuse

sell supermx ....

building glove factory in US is bad investment decision : shortage of worker && high labour cost !!!

Posted by Bgt 9963 > 2021-11-10 08:35 | Report Abuse

How low can you go !

Posted by stingray_ea > 2021-11-10 08:49 | Report Abuse

- 4B

Posted by stingray_ea > 2021-11-10 08:56 | Report Abuse

gap down ...

Posted by stingray_ea > 2021-11-10 09:00 | Report Abuse

high shipment cost for raw material

Posted by myinvestor > 2021-11-10 09:03 | Report Abuse

If SPMX sign a big contract with US govt. Why worry about cost and labour?
With factory there, SPMX will able capture bigger slice of US market. >20%. More US investors will buy supermax shares . Future SPMX may listed in US share market if remain profitable there. It won't be 1.70. but it could be USD 170 in 5 years time.

Posted by stingray_ea > 2021-11-10 09:04 | Report Abuse

high supplier cost ..

Posted by Nkk1370 > 2021-11-10 09:09 | Report Abuse

Is 1.70 a good entry? Or is it a gamble to jump in? Even without the US market, the com is still profitable, besides the huge retained profit

Posted by Maridien2 > 2021-11-10 09:18 | Report Abuse

SUPERMAX CASH AND BANK BALANCES

Canadian Dollars 215,757,830
Chinese Yuan 11,794
Euro 77,925,722
Hong Kong Dollars 2,385,749
Japanese Yen 6,706,981
Pound Sterling 975,047,465
Ringgit Malaysia 154,319,366
Singapore Dollars 206,417,183
United States Dollars 2,129,014,340
Australian Dollars 8,497,945

Total 3,776,084,375

Posted by Rockers > 2021-11-10 09:19 | Report Abuse

Don't gamble loh!.We may think it is low, it can still goes lower , this stock is aldy cornered by Operators

Posted by Maridien2 > 2021-11-10 09:23 | Report Abuse

If stupiak operator don't press down, where got chance to buy at such cheap price. Just need to hold long time if u believe in this company.

Posted by Maridien2 > 2021-11-10 09:26 | Report Abuse

"Don't wait": WHO urges U.S. to pay attention as surging COVID cases flood Europe's hospitals again

The coronavirus has been resurging across Europe, including in some places where it was thought to be well under control. A top world health official tells CBS News the trend shows that success today does not necessarily mean success tomorrow, and the United States should pay close attention.

Europe has seen a jump of more than 50% in new coronavirus cases over the last month, and the World Health Organization has warned the continent could see another half of a million deaths by February. CBS News senior foreign correspondent Charlie D'Agata spoke with the top official ringing those alarm bells, who told him there's "grave concern" as Europe is once again under siege by COVID-19.

"If you look at the last four weeks, the hospitalizations have doubled," Dr. Hans Kluge, the World Health Organization's Regional Director for Europe, told CBS News.

https://www.cbsnews.com/news/covid-europe-cases-surge-deaths-vaccination-vaccine-hesitancy/

Posted by Rockers > 2021-11-10 09:39 | Report Abuse

Strictly no contra playing as u cannot beat the filthy rich Operators.Only long term holding can win

Posted by Rockers > 2021-11-10 09:42 | Report Abuse

For those investors who was trap in high price shd do top up more .

Posted by Dannyfyl88 > 2021-11-10 09:47 | Report Abuse

Ya... LT play is the way to go. Right now.. with the current ASP, the China glove maker is making a lost now. Malaysia glove makers are still king and demand is still high.

Posted by Anaconder > 2021-11-10 09:47 | Report Abuse

As expert said Short term is a voting machine & long term is an weighting machine

Posted by stingray_ea > 2021-11-10 09:50 | Report Abuse

klci bear cleared 1st test
Toward 2nd test

Posted by Anaconder > 2021-11-10 09:51 | Report Abuse

Manipulation is the answer

Posted by Habisgl0v3333 > 2021-11-10 09:52 | Report Abuse

BULLTRAPPPP TRAPPPP

Posted by Anaconder > 2021-11-10 10:11 | Report Abuse

When Supermx at near peak, Investment Fund managers shouting to buy but now at super low, quiet as mouse

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

Sell on any pullback , safeguard your capital

Posted by tah16600 > 2021-11-10 10:18 | Report Abuse

Aya! investment fund managers got hidden agenda mah!

Posted by tah16600 > 2021-11-10 10:23 | Report Abuse

With PE less than 2, just closed eyes n buy löh!. Don't say u r not informed

Posted by tah16600 > 2021-11-10 10:27 | Report Abuse

Uncle K could be accumulating happily now n then

Posted by stingray_ea > 2021-11-10 10:36 | Report Abuse

Another round of big selling of glove counters is expected.

Posted by stingray_ea > 2021-11-10 10:39 | Report Abuse

====================================
Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Aug 19, 2021 3:52 PM | Report Abuse

klci 1500 is weak support


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Aug 19, 2021 3:19 PM | Report Abuse

expected 3.50 break soon

==================================

Posted by goody99 > 2021-11-10 10:41 | Report Abuse

Just take a look of the revenue/profit estimate for the next 2 years. it is not going to be pretty. Share price may drop further. The current price is still higher than pre-pandemic price so there is still room to fall. That is why I still think it is better to sell now and buy it back later.

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