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

1,403,400


100 people like this.

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

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-14 20:02 | Report Abuse

Germany hospitals overwhelmed again

OnTime

2,188 posts

Posted by OnTime > 2021-11-14 20:02 | Report Abuse

EU is in deep shit!

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-14 20:05 | Report Abuse

Harta will waterfall wednesday xdate..nobody want kossan anymore after last week xdate

MoneyMakers

7,647 posts

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

Only 2 weeks left supermx QR massacre, 3 weeks tg QR massacre, 4 weeks div xdate massacre

Just sit back relax & enjoy the bloodbath

OnTime

2,188 posts

Posted by OnTime > 2021-11-14 20:25 | Report Abuse

evil is everywhere

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-14 20:36 | Report Abuse

Tomorrow Dnex up and I will sell my Dnex. Supermax down give me good opportunity to enter at lower price.
Hope tomorrow shorties short operations are on.

Posted by Benhobenhobenho > 2021-11-14 20:44 | Report Abuse

U only worry when share prices were at their peak like last year when supermax trading at 8, 9 n even 10. Not now when it's already at the bottom n what's more with all the billions of retained earnings which few bursa listed companies can boast to have.

Will188

861 posts

Posted by Will188 > 2021-11-14 20:55 | Report Abuse

Will be in deep shit...

Posted by Start_0f_the_bull > 2021-11-14 20:56 | Report Abuse

One bad news after another. Not only gloves, Magnum and Bjtoto and whole KLSE will likely bloodbatch also.

ahbah

6,236 posts

Posted by ahbah > 2021-11-14 21:32 | Report Abuse

I am so very sad our klci got become a punching bag for all to hit n punch with no mercy at all !

Like that, mkt players sure kena very teruk from the mkt lah.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-14 22:01 | Report Abuse

KUALA LUMPUR, Nov 14 (Reuters) - 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.

Malaysian factories making everything from medical gloves to palm oil have increasingly come under scrutiny over allegations they abuse foreign workers, who form a significant part of the manufacturing workforce.

After the United States suspended Supermax imports last month, Canada's Public Services and Procurement department said on Wednesday it was holding Supermax deliveries as it awaits a report expected mid-month from Supermax Healthcare Canada.

"In light of the current situation, Canada has engaged with the company to seek assurances that Supermax Corp is not engaging in forced labour practices," the department said in a statement.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-14 22:12 | Report Abuse

Double import ban from US and Canada within 1 month really very bad news for Supermax.Expecting high volume selling pressure tomorrow from last Friday buyers to cut loss/take profit.

Posted by VolatileIsMyGold > 2021-11-15 01:21 | Report Abuse

yah meh

Posted by VolatileIsMyGold > 2021-11-15 01:27 | Report Abuse

safety health precautions & preventive measures among frontliners still need to remain, including wearing appropriate ppe in many situations

irregardless of whether their patient is fully vaccinated or not, taking pill or not, young or old, female or male, etc.

gloves are very often important part of appropriate ppe

Posted by VolatileIsMyGold > 2021-11-15 01:28 | Report Abuse

frankly speaking, I myself have not worn a rubber glove even once in my life

but still the global demand for rubber gloves in 2021 is 500 billion pcs, while current global supply is only 420 billion pcs

it's mostly about the frontliners

global glove demand does not need everybody wearing a glove, guys

comprende?

Posted by VolatileIsMyGold > 2021-11-15 01:28 | Report Abuse

Well, if it's just up to me alone, I would rather the nurse or female doctor be touching me without gloves when she is examining me.

But she's not gonna have any of that.

No frekkin way, man

Posted by VolatileIsMyGold > 2021-11-15 01:29 | Report Abuse

So, just going by the actual post-high vaxxing experiences in US, UK, Israel, Singapore etc., it still remains to be seen yet, how things gonna really play out in Malaysia in the weeks & months to come

Posted by VolatileIsMyGold > 2021-11-15 01:30 | Report Abuse

The upside to high vaxxing rate is that it tends to produce a quick lowering effect on daily infection rate

The downside being, when guys see a quick reduction in daily infection rate, they also get overconfident & overexuberant fast, often too fast for their own good

So, whether sustainable or not sustainable in longer term, would greatly depend on discipline of both the govt & the rakyat

Yep, just as has already been proven in US, UK, Israel, Germany, Singapore etc.

Posted by VolatileIsMyGold > 2021-11-15 01:30 | Report Abuse

While we are now already seeing the earliest daily covid infection rate surges in langkawi due to rapid opening up of travel & tourism sector

Posted by VolatileIsMyGold > 2021-11-15 01:31 | Report Abuse

A daily covid infection rate of 6,000 per day for a population of only 32 million is not an indicator of competent covid management at all

It is merely a reflection of a previous much worse level of incompetence now only temporarily mitigated

Posted by VolatileIsMyGold > 2021-11-15 01:32 | Report Abuse

So, everyone, better not be lulled into blissful happy delirium so soon about current drop in daily covid cases yet

It might be sustainable, but then again also, it might not

Malaysians are not a uniquely invincible species, so what makes anybody think for even one moment that our experience post-opening up is gonna be any different from those of US, UK, israel, Germany, singapore

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-15 06:55 | Report Abuse

Canada barred additional deliveries from the company's unit, Supermax Healthcare Canada, to the government until an audit report on the matter mandated by the firm is reviewed by authorities,

Public Services and Procurement Canada said in a statement on November 10.

The audit report is expected by the middle of this month, according to the statement.

Audit report will be out by 16 Nov.

skyu

2,497 posts

Posted by skyu > 2021-11-15 06:56 | Report Abuse

bad news one followed by another while the company doesn’t make a statement at first time . coupled with many party desperately to make glove looks as ugly as possible

Posted by EatCoconutCanWin > 2021-11-15 07:30 | Report Abuse

Bad news is good, add some

OnTime

2,188 posts

Posted by OnTime > 2021-11-15 08:58 | Report Abuse

indeed!

monetary

4,447 posts

Posted by monetary > 2021-11-15 09:10 | Report Abuse

Tonefa. Have u started buying? Where is your funds from refinancing 2 properties as u mentioned?

monetary

4,447 posts

Posted by monetary > 2021-11-15 09:11 | Report Abuse

If u can push to a green closing today many will follow u.

monetary

4,447 posts

Posted by monetary > 2021-11-15 09:14 | Report Abuse

wow! keep diarrhea. U talk song only?

skyu

2,497 posts

Posted by skyu > 2021-11-15 09:16 | Report Abuse

selling down. not as strong as anticipated

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-15 09:16 | Report Abuse

toufoofa said so low can privatise d ... mana ?

Posted by NatsukoMishima > 2021-11-15 09:17 | Report Abuse

China gloves already 39 % within 2 y , malaysia drop from 66% to 44 % , thailand 12% , how to fight with China AI technology ?? More n more customers will buy cheaper china gloves !

dompeilee

11,888 posts

Posted by dompeilee > 2021-11-15 09:17 | Report Abuse

Bought more @ 1.79. Now only 3,200 shrs =)

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-15 09:18 | Report Abuse

When there is dip, Shorties will buyback.

Youngkid

298 posts

Posted by Youngkid > 2021-11-15 09:19 | Report Abuse

Aya! China gloves inferior product mah!

Posted by khatulistiwa1234 > 2021-11-15 09:20 | Report Abuse

1.50 on coming end of this week .

Posted by khatulistiwa1234 > 2021-11-15 09:21 | Report Abuse

Expert say , KONG TIEK ON GRASS FIELD >>...FINAL PRAY CONDOLENCE FOR GLOVE SECTOR ....

Posted by khatulistiwa1234 > 2021-11-15 09:21 | Report Abuse

WORST POSSIBLE BELOW 0.90

Posted by khatulistiwa1234 > 2021-11-15 09:22 | Report Abuse

TODAY HALF ...1.80/2 = 0.90

Posted by khatulistiwa1234 > 2021-11-15 09:22 | Report Abuse

GLOVE ON FIERCE SUNSET MODE .

Posted by khatulistiwa1234 > 2021-11-15 09:23 |

Post removed.Why?

OnTime

2,188 posts

Posted by OnTime > 2021-11-15 09:28 | Report Abuse

Wow, u need AI to make gloves meh?

myinvestor

1,218 posts

Posted by myinvestor > 2021-11-15 09:29 | Report Abuse

China power cut, Ai also no use. cant produce.

Youngkid

298 posts

Posted by Youngkid > 2021-11-15 09:29 | Report Abuse

Bottom reversal stock

Youngkid

298 posts

Posted by Youngkid > 2021-11-15 09:30 | Report Abuse

This wk going to break 2 bucks

monetary

4,447 posts

Posted by monetary > 2021-11-15 09:36 | Report Abuse

U got to do something, taufufa. By 3.30 pm still red many will sell.

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-15 09:38 | Report Abuse

Next selling is banking


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

Stock: [SUPERMX]: SUPERMAX CORP BHD

Nov 12, 2021 9:36 AM | Report Abuse

Selling start again

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

Youngkid

298 posts

Posted by Youngkid > 2021-11-15 09:39 | Report Abuse

Why sell at the bottom?

Youngkid

298 posts

Posted by Youngkid > 2021-11-15 09:39 | Report Abuse

Should buy more

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-15 09:40 | Report Abuse

most of klci banks counter is high leverage and high gearing

tah16600

2,646 posts

Posted by tah16600 > 2021-11-15 09:44 | Report Abuse

Buy n sit on it, that is the strategy, no other method

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