SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.84

Today's Change

-0.025 (2.89%)

Day's Change

0.835 - 0.86

Trading Volume

6,286,400


100 people like this.

222,734 comment(s). Last comment by Mini2021 9 hours ago

CharlesT

14,959 posts

Posted by CharlesT > 2021-11-12 08:44 | Report Abuse

Have to wait and pray for the next pandemic to come

myinvestor

1,219 posts

Posted by myinvestor > 2021-11-12 08:55 | Report Abuse

I believe the short interest of shorties can be as high as 99% to bring down SPMX price down by 70%. RSS 2.4% only for show only. Private ib lending to shorties have provided them unlimited shorts to bring down the share price. The latest share holders list, the retailers hold less than 0.03%. Probably shorties already shorted close to a billion shares. That's why the other gloves stock down but SPMX still green bc shorties are buying the shares to pay share dividend. Even phantom shares are sold by ib. For e.g the nominees shares already loaned out to shorties and same time retailers sold the same shares. Probably million of phantom shares already sold.

Who is owning the a billion shares sold by shorties n ib now?



Posted by kbtsyl68 > Nov 11, 2021 8:19 PM | Report Abuse

Today only traded 4 million shares. The group of shorties are now scratching their head where to find seller to sell them the shares. If you monitor the last hour of trading, most of the transacted lot is 1 lot and 2 lot. The shorties are buying and selling themselves to lure sellers.

stingray_ea

2,765 posts

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

>>> US ban + profit drop + cukai Maju toward rm 1

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-12 09:10 | Report Abuse

supermax >>> 3 in 1 package for sell

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-12 09:13 | Report Abuse

supermax >>> Upgrade plan to 4 in 1 package for sell ( US ban + profit drop + cukai Maju + US investment )

tah16600

2,646 posts

Posted by tah16600 > 2021-11-12 09:20 | Report Abuse

Well distributed at peak , now press super low to collect back. Just a well plan game by operators. Only strong holders will survive .

tah16600

2,646 posts

Posted by tah16600 > 2021-11-12 09:28 | Report Abuse

BOD shd have quickly buy back the shares since got abt 4B in the B/sh. n then distribute more div shares in future instead of coming present one.

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-12 09:34 | Report Abuse

Cantik cantik. Cukup almost today max profit

Rockers

249 posts

Posted by Rockers > 2021-11-12 09:34 | Report Abuse

Ayaya! I think they are in cohort to one another if not how to collect back the shares

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-12 09:35 | Report Abuse

Will close above 2.00 today. Everyday already tell to buy

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-12 09:36 | Report Abuse

Selling start again

Pang

269 posts

Posted by Pang > 2021-11-12 09:39 | Report Abuse

wow...supermax

Rockers

249 posts

Posted by Rockers > 2021-11-12 09:41 | Report Abuse

Strong rebound, buy quick, sign of new uptrend coming

Posted by Benhobenhobenho > 2021-11-12 09:41 | Report Abuse

Super Supermax, fly

McChicken

101 posts

Posted by McChicken > 2021-11-12 09:42 | Report Abuse

Why today all glove sector so happening? I thought downtrend already? MM sifu, I think you sure say pump and dump, but why pump and dump all glove sector? No retailer want to buy anymore since you said 65c coming..hmmmmm

UPlanet

1,450 posts

Posted by UPlanet > 2021-11-12 09:44 | Report Abuse

Stingray bro, quickly remove your comments la before ppl seeing it.

———————————————————-
stingray_ea supermax >>> Upgrade plan to 4 in 1 package for sell ( US ban + profit drop + cukai Maju + US investment )
12/11/2021 9:13 AM

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-11-12 09:47 | Report Abuse

When Fly... All disappeared as usual...

UPlanet

1,450 posts

Posted by UPlanet > 2021-11-12 09:50 | Report Abuse

Knm_bottom bro, cheers!!!

Posted by Habisgl0v3333 > 2021-11-12 09:51 | Report Abuse

WOOOOW FLYYY

Maridien2

1,084 posts

Posted by Maridien2 > 2021-11-12 09:51 | Report Abuse

Buy for long term, sharks can push 1 day dump 9 days. Wait for AGM in dec to approve share buy back.

Rockers

249 posts

Posted by Rockers > 2021-11-12 09:54 | Report Abuse

Shorties cirit birit now

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-11-12 10:00 | Report Abuse

Whack short sellers !

stevenckheng

1,353 posts

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

morning trap!

CITADEL

1,867 posts

Posted by CITADEL > 2021-11-12 10:16 |

Post removed.Why?

Avantador

201 posts

Posted by Avantador > 2021-11-12 10:24 | Report Abuse

Why up ? Any news ?

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-11-12 10:24 |

Post removed.Why?

RainT

8,448 posts

Posted by RainT > 2021-11-12 10:25 | Report Abuse

Covina cases on rise in western countries

So that why is up

CITADEL

1,867 posts

Posted by CITADEL > 2021-11-12 10:26 |

Post removed.Why?

Rockers

249 posts

Posted by Rockers > 2021-11-12 10:26 | Report Abuse

Reverse trend mah!

RainT

8,448 posts

Posted by RainT > 2021-11-12 10:27 | Report Abuse

*covid

RainT

8,448 posts

Posted by RainT > 2021-11-12 10:27 | Report Abuse

But need see can this rise is sustainable or just one day show only

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-11-12 10:28 | Report Abuse

Let's see next week... if shorts fail, it will fly some more...

Rockers

249 posts

Posted by Rockers > 2021-11-12 10:31 | Report Abuse

Shorties panic loh! cannot buy cheap anymore so got to buy higher loh!
karma !

CITADEL

1,867 posts

Posted by CITADEL > 2021-11-12 10:34 |

Post removed.Why?

Sansing

1,028 posts

Posted by Sansing > 2021-11-12 10:34 | Report Abuse

I think Rm 3.50 is achievable short term , so hold tight Bro!

Posted by NatsukoMishima > 2021-11-12 10:34 | Report Abuse

This is the last time to trap bilis kaw kaw ! I already kena in jun 21 , 50% gone ! Never touch glove stock again , dont even look at glove stock ! Beware this is a big trap ! Repeat many time already before this !

Posted by Habisgl0v3333 > 2021-11-12 10:41 | Report Abuse

But bull trap

Avantador

201 posts

Posted by Avantador > 2021-11-12 10:41 | Report Abuse

Thank you RainT & Rockers for response.

Sansing

1,028 posts

Posted by Sansing > 2021-11-12 10:44 | Report Abuse

Shares cannot stay super low for long as more value investors buying.
If Kwai Loh fundmanager like JP Morgan come , glove operators cirit birit loh!

Posted by ChekHupCoffee > 2021-11-12 10:46 | Report Abuse

I think shortist must wrap up this year, next year kena tax kawkaw

Timercheng

733 posts

Posted by Timercheng > 2021-11-12 10:48 | Report Abuse

Supermx is cash cow so I think can give Bonus Issue soon

monetary

4,447 posts

Posted by monetary > 2021-11-12 10:50 | Report Abuse

May I know which indicator confirms trend reversal? MA RSI MACD higher high higher low etc.

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-12 11:04 | Report Abuse

sell on pullback.

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-12 11:13 | Report Abuse

Rm36 coming!!!

Larn

280 posts

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

lai lai lai...65sen coming soon

Larn

280 posts

Posted by Larn > 2021-11-12 11:15 | Report Abuse

forever.....coming soon..see you soonn...

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-12 11:15 | Report Abuse

Bear in control

Larn

280 posts

Posted by Larn > 2021-11-12 11:17 | Report Abuse

yesterday super low volume trigger positive volume today...

Timercheng

733 posts

Posted by Timercheng > 2021-11-12 11:33 | Report Abuse

Value seekers will start accumulating Supermx

Timercheng

733 posts

Posted by Timercheng > 2021-11-12 11:38 | Report Abuse

More buying than selling , meaning going up from today onward

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