SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.85

Today's Change

-0.02 (2.30%)

Day's Change

0.845 - 0.865

Trading Volume

2,143,900


100 people like this.

222,677 comment(s). Last comment by 5231428 1 day ago

Posted by ThePowerOfGlove > 2021-11-14 12:56 | 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

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-14 12:56 | Report Abuse

Highlight - Canada pauses imports from Supermax over forced labour concerns https://www.theedgemarkets.com/article/canada-pauses-imports-malaysian-glove-maker-supermax-over-forced-labour-concerns

Posted by ThePowerOfGlove > 2021-11-14 12:57 | Report Abuse

RSS shorting is destructive & damaging to Bursa

Posted by ThePowerOfGlove > 2021-11-14 12:58 | Report Abuse

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

Posted by ThePowerOfGlove > 2021-11-14 12:59 | Report Abuse

That is why RSS shorting gang gonna be banned soon

Posted by ThePowerOfGlove > 2021-11-14 12:59 | Report Abuse

Gloves Big 4 are collectively a significant source of tax revenue for govt of Malaysia

Lagi they already donated RM400 million to Malaysian govt last year for fighting covid

So Malaysian govt very sayang sama Gloves Big 4 & will be defending the interests of Gloves Big 4 & also other glove firms in general, including defending their stocks from the indiscriminate attacks & destruction & devastation from RSS shorting gang

Posted by ThePowerOfGlove > 2021-11-14 13:00 | Report Abuse

shorting gang are not really concerned at all about us losing our money, that line of talk is just simply their complete bullkrapping

they're really only concerned with themselves losing their money, when their desperate pathetic bullkrapping fearmongering does not work on us any more & they fail to drag down the stock price further

Posted by ThePowerOfGlove > 2021-11-14 13:02 | Report Abuse

So, once suspended, RSS shorting should not be reinstated until Bursa is in crazy gila insane hyperbull mode again

Posted by ThePowerOfGlove > 2021-11-14 13:03 | Report Abuse

Of course, why not, it is the fairest, truest & most fundamental indicator of country covid management performance

gulf arab states now doing low to middle 2 digits cases per day

so why US, UK, israel, singapore failing?

well, you have to ask their governments then

Posted by gemfinder > Oct 31, 2021 1:53 PM | Report Abuse

Stil talking about cases?

Posted by ThePowerOfGlove > 2021-11-14 13:04 | Report Abuse

Aah? Very fantastic logic la you, very genius la you, sudah mabok kah aah

If after pandemic already over, who wants to buy leh, lagi mau hike price geh

Posted by MoneyMakers > Nov 7, 2021 12:57 PM | Report Abuse

AstraZ (no profit)/pfizer/moderna vacc selling alrdy discount price @ make it accessible 4 all

All alrdy announce will hike price after pandemic over

Posted by ThePowerOfGlove > 2021-11-14 13:05 | Report Abuse

You can just call it pandemic, or you can smoothtalk bullkrapping also la, call it 'endemic', doesn't change the facts on the ground in any way at all

The virus is still raging & rampaging

Posted by ThePowerOfGlove > 2021-11-14 13:06 | Report Abuse

So the frontliners are still gonna need gloves to protect themselves

Posted by ThePowerOfGlove > 2021-11-14 13:16 | Report Abuse

What "covid-19 mostly over"? You another mabok bomoh kah aah?

Posted by Armanhashim > Nov 14, 2021 12:19 PM | Report Abuse

Next year ,the share price may drop more .. covid 19 mostly over..

Hilmi22

102 posts

Posted by Hilmi22 > 2021-11-14 13:25 | Report Abuse

Canada has paused imports from Malaysian glove maker Supermax Corp as it awaits the results of an audit, weeks after the United States barred the firm over allegations the company uses forced labour.

Posted by Start_0f_the_bull > 2021-11-14 13:29 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2021/11/14/kedah-effectively-bans-all-4d-shops-in-state/
--------------------------------
Alcohol, now gaming. At least gloves is much safer even ASP and maybe demand are declining. This is Malaysia!

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-14 13:35 | Report Abuse

Another good news for glove haters. Canada imposed ban on supermax gloves following us ban. Lucky the Europe demand increase as evidence by Holland lockdown.
Maybe this is last chance for glove investors to collect below 1.80 next week. I really envy Tonefa manage to collect few lorries at 1.72 to 1.75.

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-14 13:40 |

Post removed.Why?

newbie911

1,111 posts

Posted by newbie911 > 2021-11-14 13:45 | Report Abuse

Habis... Europe soon will ban supermx glove.

Posted by ThePowerOfGlove > 2021-11-14 13:49 | Report Abuse

Dude, you need to wise up, big time

It's not the patients who need to wear the gloves

It's the frontliners

Posted by gemfinder > Nov 14, 2021 1:40 PM | Report Abuse

Cases increase oso no use. Mild symtom. No need hospitalisation no need to wear gloves. Kakakakaa

Posted by NatsukoMishima > 2021-11-14 13:50 | Report Abuse

We known the friday push up was just the last trap to trap bilis kaw kaw , see what happen now , bankers all received news faster than bilis ! Who trapped on friday prepared for 6 months free fall until rm 1 !

Posted by NatsukoMishima > 2021-11-14 13:52 | Report Abuse

U think the other 2 big can escape ?? Wait n see !
U see how USA n Csnada play around with Huawei CFO Meng Wan Zhou !

monetary

4,447 posts

Posted by monetary > 2021-11-14 14:17 | Report Abuse

now I start believing the vedio shared by WHOCARE. America can only do so if they have alternative suppliers.

monetary

4,447 posts

Posted by monetary > 2021-11-14 14:18 | Report Abuse

once again. it isn't how bad glove is needed. it's how easy it can b produced.

monetary

4,447 posts

Posted by monetary > 2021-11-14 14:19 | Report Abuse

so u can stop digging doom news. it won't help.

Posted by NatsukoMishima > 2021-11-14 14:23 | Report Abuse

Friday push up just a trap kaw kaw for bilis !

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-14 14:58 | Report Abuse

Walao 1st US ban..now canada investigating..double hit waiting KO

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-14 15:27 | Report Abuse

TG is the first company in Malaysia to pass the 11 ILO FL standard. It will follow suit by SPMX and the Smart glove. In future it is labor std for those who want do business with USA and Europe.

cwc1981

1,378 posts

Posted by cwc1981 > 2021-11-14 16:42 | Report Abuse

Tomorrow how?

Posted by BaybieShark > 2021-11-14 16:43 | Report Abuse

Tomorrow green?

skyu

2,497 posts

Posted by skyu > 2021-11-14 16:49 | Report Abuse

big big trouble

Abba84

985 posts

Posted by Abba84 > 2021-11-14 16:56 | Report Abuse

...Canadas action cud spell negative s reaction for glove sectors.hope it is jus half-baked news!

IronShirt

3,178 posts

Posted by IronShirt > 2021-11-14 17:03 | Report Abuse

https://www.malaysiakini.com/world/599178

Canada Banned SuperMax...No wonder Super Max DonT want to release Qr Results...Management knows the Ban will affect share price so they Keep Delaying to look
for Solution....Monday WaterFall, Trapped poor contra players again

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-14 17:05 | Report Abuse

Tomorrow if it is red and below 1.75, buy more if you can afford. If green then wait until it reach your target price before selling. If you sell tomorrow and it shoot up the day after tomorrow,then very likely you won't have the opportunity to get what you have sold. Some glove investors have provide valuable info that this shares are selling close to nta . The current price was mainly due to certain big fund short the shares and many investors are frightened and disposed their shares and thus benefit the fund manager and also the long term glove investors. The glove company will continue to make good profits every quarters compare with other industry although the profit trend may decrease temporary for one or two quarters.
Look at china now. Everywhere had partial lockdown and massive testing are being carried out. The production in China may not be sufficient for their own consumption.
Don't be misled by oversupply in glove in the whole market due to production in China.
If you have adequate knowledge on glove,US and Europe don't buy glove from new manufacturers. New manufacturers only sell to third world country.
All the standards and inspection procedures are developed by Malaysia and adopted by us and Europe.
Nitrile glove meeting the standards require high technology and not as easy as making Nasi lemak.
I agree that glove are manufacture everywhere but not many countries are able to produce glove that meet the world standards. Example is medical glove in blue colour is the most difficult to produce and rejection rate is high even by Malaysia manufacturers.

IronShirt

3,178 posts

Posted by IronShirt > 2021-11-14 17:17 | Report Abuse

Glove usage depends on the number people gets hospitalization. With Good Vaccination Rate,
simple Curfew will Stop Covid dead on Track. As long as people DonT need Hospital ICU Bed
and Dies....Gov has Done its Job well

monetary

4,447 posts

Posted by monetary > 2021-11-14 17:33 | Report Abuse

I have very different view. If tomorrow red. Don't touch. If green can buy some. If after Qr still green buy more.

monetary

4,447 posts

Posted by monetary > 2021-11-14 17:34 | Report Abuse

avg down get u into deeper trouble. avg up u r the winner

masterus

3,605 posts

Posted by masterus > 2021-11-14 17:43 | Report Abuse

If Western countries shortage of gloves, just using us force labour act, then they seized people gloves when entry through customs. Is free of charge. Just like robbing when I not happy with you.

IronShirt

3,178 posts

Posted by IronShirt > 2021-11-14 17:43 | Report Abuse

My view is different too...look at RSS number...Management will jump in to pop-up price and
most likely shorties will release Or Coverback on Low price( huge margin profit for them )
As price goes higher, 2nd round of shorting will Come...this time the worst will arrive...IDSS
year End lease release....ikan bilis will have a Good time bcos there is NO limit on IDSS except
you have to coverback same Day

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-14 17:46 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-14 17:48 |

Post removed.Why?

masterus

3,605 posts

Posted by masterus > 2021-11-14 18:01 | Report Abuse

Later adik-beradik EU and UK also follow. Then the end

pjseow

2,264 posts

Posted by pjseow > 2021-11-14 18:51 | Report Abuse

Supermx total business in America is 51 % of its total business. America.consist of Canada with.population of 38 millions , US with population of 330 millions and Latin America with population of 660 millions.

IronShirt

3,178 posts

Posted by IronShirt > 2021-11-14 19:06 | Report Abuse

Mexico actually has Huge Glove manufacturing controlled by 2 biggest USA distributor but and
yet cannot compete with TG, Super and Harta bcos Bangla labour cost is just 1/2 of Mexico

masterus

3,605 posts

Posted by masterus > 2021-11-14 19:27 | Report Abuse

That why us not happy with it and jealous of Malaysia gloves company dan they use force labour act

skyu

2,497 posts

Posted by skyu > 2021-11-14 19:39 | Report Abuse

tomorrow hand will tremble seeing their trade .i think supermax was quite big in canada ? they have their own brand aurelia there .

chtan33

242 posts

Posted by chtan33 > 2021-11-14 19:54 | Report Abuse

Better swap to harta/ kossan, if cut loss too painful....

chtan33

242 posts

Posted by chtan33 > 2021-11-14 19:55 | Report Abuse

Supermx was the earliest price hike to take full advantage of COVID... now they punish it back...

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