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 4 hours ago

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-17 21:31 | Report Abuse

JP morgan comment comes before QR result. Advise JP morgan give factual numbers

Larn

280 posts

Posted by Larn > 2021-11-17 21:38 | Report Abuse

lai lai lai 65sen..quickly the better...cant wait..talk is cheap

Posted by partimeshark > 2021-11-17 21:40 | Report Abuse

limit up tml

cwc1981

1,423 posts

Posted by cwc1981 > 2021-11-17 21:40 | Report Abuse

Actually the yield is quite good if the 5 cents plus the dividend share

Posted by CHENG085792 > 2021-11-17 21:49 | Report Abuse

Moneymakers 你就是 jpm 的走狗

Condom004

398 posts

Posted by Condom004 > 2021-11-17 21:53 | Report Abuse

QR better than Cimb,Ambank,Maybank

Posted by partimeshark > 2021-11-17 22:00 | Report Abuse

maybank my target price RM 1.01

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2021-11-17 22:05 | Report Abuse

JPM was only IB last yr dare give TG low TP rm3.5 when others giving TP RM20/50/100

Totally hopeless after latest JPM downgrade @ TG TP rm1.5

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2021-11-17 22:05 | Report Abuse

When JPM speaks, market listens esp glove market

So sit back relax & enjoy the bloodbath

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2021-11-17 22:12 | Report Abuse

Just yesterday said need drop another 60%++..looks like JPM agree
——————————

“Nov 16, 2021 9:36 PM

Lelong price is 65sen (orig price)..1.7 still extremely expensive need another 60% crash”

Tantoro

545 posts

Posted by Tantoro > 2021-11-17 22:14 | Report Abuse

WOW MonkeyMakers bravo to salute

Tantoro

545 posts

Posted by Tantoro > 2021-11-17 22:15 | Report Abuse

When did JPM cover or mention Supermax?

Tantoro

545 posts

Posted by Tantoro > 2021-11-17 22:18 | Report Abuse

Only monkeys can see the news cover by JPM

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-17 22:20 | Report Abuse

ST Vs JPM. Tomorrow let see who is more powerful.

RISK8888

2,232 posts

Posted by RISK8888 > 2021-11-17 22:31 | Report Abuse

Highest NTA but lowest share price among big 4. Really out of sense.

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2021-11-17 22:31 | Report Abuse

KUALA LUMPUR (Nov 17): JP Morgan has once again slashed its target price (TP) for Top Glove to RM1.50 — a 67.33% discount from its current price of RM2.51.

JP Morgan gave a fair value of RM4.00 to Hartalega and RM2.00 to Kossan.

Notably, these TPs are similar to the glove makers’ share prices BEFORE the global Covid-19 outbreak.

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2021-11-17 22:32 | Report Abuse

Aiyoo tonto JPM alrdy downgrade Big 3 TP back to prepandemic level

Can make own judgement whether Supermx also going back to prepandemic price (65sen) or not

cwc1981

1,423 posts

Posted by cwc1981 > 2021-11-17 22:35 | Report Abuse

Good nite see tomorrow green or red

Posted by Benhobenhobenho > 2021-11-17 22:51 | Report Abuse

Does JP Morgan know glove biz better than the owners n founders themselves. Need to hear from what the owners of the glove companies have to say first. U just simply trust all these IBs

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-17 23:01 | Report Abuse

52000 cases in germany today. Another record high

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-11-17 23:29 | Report Abuse

Supermax owner earning drop 67% by Q.

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2021-11-17 23:37 | Report Abuse

Ready snacks tomorrow bloodbath

Posted by NatsukoMishima > 2021-11-17 23:37 | Report Abuse

Last year i also very hate jpm but their fxxxing mouth is very powerful n their tp really will hit after sometime!

Posted by Stocksafeplayer > 2021-11-17 23:51 | Report Abuse

Wonder why JP Morgan covered TG. Harta & Kossan but not Supermax?

JP Morgan is one of USA largest banking & investment institution with global reach (google asset size etc)

So, JPM has access to latest research & reports relating to glove industry globally which would contain latest data on competitions, peer comparisons, glove pricings, supply/market risks Plus they can afford to pay or hire better quality analysts who could perform indepth valuations, forecasting etc…

But TG managed to prove JP Morgan’s earlier TP of 3.50 (for year 2021) was wrong bcos TG was at 2.51 today.

Posted by whocare1982 > 2021-11-18 00:32 | Report Abuse

SUPERMAX 2022 第一季度,业绩分析。 可以抄底了吗?
https://youtu.be/pEQ3EiXDSt8

5231428

620 posts

Posted by 5231428 > 2021-11-18 00:37 | Report Abuse

These IBS are playing the stock down in order to collect at rock bottom price for sure.

The_JQuestion

1,700 posts

Posted by The_JQuestion > 2021-11-18 01:08 | Report Abuse

damn is the 5 sens an insult to shareholders gawddd this company from bad to worst management

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-18 03:53 | Report Abuse

haha sour hai old man . go casino tell banker see your cards first see i want bet or not .

i anticipated Q results in adv la
**************
Since you are proposing the bet, please give your estimate. I will.decide whether to bet or not.

mf

29,216 posts

Posted by mf > 2021-11-18 05:15 | Report Abuse

Merkel warns fourth Covid wave is hitting Germany with ‘full force’

thurston

558 posts

Posted by thurston > 2021-11-18 06:01 | Report Abuse

Do you know why JP Morgan set low TP 1.50 for Top Glove?

Because JP Morgan short sell a lot of glove stocks share. They want to buy back at low prices.

Do you know why JP Morgan did not set TP for Supermax ?

Supermax current share price of 1.82 is undervalued considering the cash in hand of 1.30 per share. JP Morgan cannot set TP for Supermax below its cash in hand per share.

And coming 5 cents dividend plus 1/30 dividend share. If you minus 1.82 - 1.30 - 5 - 6 = 0.41

monetary

4,447 posts

Posted by monetary > 2021-11-18 06:19 | Report Abuse

@thurston. did u read Qr? SP current net cash per share is 1.17

monetary

4,447 posts

Posted by monetary > 2021-11-18 06:22 | Report Abuse

TG intended to raise 2.27B myr by issuing 9.9% additional shares. To wat price boss has to push. I wish him g luck

Raiz368

1,606 posts

Posted by Raiz368 > 2021-11-18 07:34 | Report Abuse

Bad QR...price will.be pull back today

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-18 07:47 | Report Abuse

Boxing match today. ST Vs JPM.

Posted by Stocksafeplayer > 2021-11-18 08:00 | Report Abuse

JPM’s TP meant for next 6-12 months? Provided no unexpected bans from rich western countries
Boxing match lasts less than a day… LOL

mf

29,216 posts

Posted by mf > 2021-11-18 08:06 | Report Abuse

KUALA LUMPUR: Kementerian Kesihatan Malaysia (KKM) melaporkan 68 kematian baharu akibat jangkitan COVID-19 setakat tengah malam tadi.

Posted by Stocksafeplayer > 2021-11-18 08:26 | Report Abuse

No need share daily death & new covid cases figures here la when it’s reported in local news everyday… Govts say must wear gloves everyday meh?

In fact, more deaths would mean lesser people buying gloves. If really want to know where the most demands for gloves come from, google for yr iwn knowledge…..

Endemic means if people are careless ie don’t bother to follow SOPs, new cases would mushroom cos covid-19 infections are Super Infectious & Contagious.

pjseow

2,264 posts

Posted by pjseow > 2021-11-18 08:35 | Report Abuse

Stupxxd GO oldman , You.are contradicting yourself. Why you ajak ajak ayam for bet and asked me to give estimate then ? Chicken out still talk 3 talk 4 talk east talk west tokok . You go casino and tell banker open card first then ask peoples for bets? Stupxxd GO.
----------------------
GlovesOff @pjseow @taofoofa want to bet ? Hehehe
16/11/2021 11:55 PM

GlovesOff Ya later PATry lorrr, what's your estimate

GlovesOff haha sour hai old man . go casino tell banker see your cards first see i want bet or not

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-18 08:35 | Report Abuse

Yesterday short sellers aggressively bought back 16 millions shares and net short position drops to just 41 millions shares equivalent to 1.52% from previous high 80 millions shares equivalent to 3% in August/Sept

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-11-18 08:42 | Report Abuse

Haha not only sour hai but BITTER

Tasted winning since April

5,4,3,2,1
*************
Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Apr 8, 2021 10:59 AM | Report Abuse

Wow, big rally for gloves counter today. All my topgloves , supermx and harta went up by almost 10 % on.average .

Posted by Stocksafeplayer > 2021-11-18 08:43 | Report Abuse

Why RM 9.10 on 30Nov 2020 falling to RM 1.82 now if undervalued?

The only reason I could think of as to why JP Morgan did not set TP at the moment is Bcos only Supermax is now facing USA’s Import Ban (until further notice from US CBP) & Canada decided to pause/stop imports from supermax (pending results of investigations).

TG, Harta & Kossan hve no import bans from either US or Canada at this moment.

So, I guess it would be difficult for JPM to assign a new TP for Supermax for the near future lor…

OnTime

2,188 posts

Posted by OnTime > 2021-11-18 08:48 | Report Abuse

wow, so many people taking jpm "analysts" words as gospel.

Posted by Benhobenhobenho > 2021-11-18 08:51 | Report Abuse

Seemed like jpmorgan is the sifu for glove stocks n an expert n have more knowledge than the founders n owners of glove biz themselves, lol

FairTalk

376 posts

Posted by FairTalk > 2021-11-18 08:53 | Report Abuse

Posted by pjseow > Nov 18, 2021 8:35 AM | Report Abuse

Stupxxd GO oldman , You.are contradicting yourself. Why you ajak ajak ayam for bet and asked me to give estimate then ? Chicken out still talk 3 talk 4 talk east talk west tokok . You go casino and tell banker open card first then ask peoples for bets? Stupxxd GO.
---------------------------------------------------------------------
Ha that silly guy, G Off again. He does not even know or calculate dividend yield ! Still does not want to learn Accounting 101.

pjseow

2,264 posts

Posted by pjseow > 2021-11-18 08:54 | Report Abuse

Stocksafeplayer, It was GloveOff who started the enticement first . not me. Get your facts. It is not a matter of winning or losing a bet.
A bet can just be fun if both sides agree on what is the bet. This GO is just stupxxd and chicken out . He is trying to ular his way out when I take up his challenge. He just like to talk big but actually a low.class fellow.
--------------
Stocksafeplayer @pjseow …. Grow up la…No need try to entice @GlovesOff to argue with you in this forum la…

Ok let you Win la….in all your bets OK?
18/11/2021 8:43 AM

myinvestor

1,219 posts

Posted by myinvestor > 2021-11-18 08:57 | Report Abuse

JP didn't set bc the NTA 1.91 and share price 1.82. The share price is undervalue.

Despite the MCO, lower factory capacity and 60% work force, SPMX OBM still enjoy supernormal profit 630m. Its profit per qtr has exceeded TG, Kossan and most of banking stocks.

OnTime

2,188 posts

Posted by OnTime > 2021-11-18 08:58 | Report Abuse

agree

Posted by Habisgl0v3333 > 2021-11-18 09:05 | Report Abuse

Rmb , when your only defense is a moat u r f'ed

Musfaz83

619 posts

Posted by Musfaz83 > 2021-11-18 09:06 | Report Abuse

thai coming home, limit up

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