SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.865

Today's Change

+0.02 (2.37%)

Day's Change

0.855 - 0.875

Trading Volume

5,276,100


100 people like this.

222,712 comment(s). Last comment by Zrenxy 5 hours ago

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-11-19 00:19 | Report Abuse

You all still buy glove a downstrend stock aduii

Posted by yangkwang99 > 2021-11-19 01:56 | Report Abuse

Penny stock in the making! If top glov dive to 1.50!!!

monetary

4,447 posts

Posted by monetary > 2021-11-19 06:47 | Report Abuse

Quiz of the day. When will SP break new low? (A) Morning session (B) Before 3:30pn (C) After 3:30pm (D) Not today

Posted by michaelgohmox > 2021-11-19 06:54 | Report Abuse

Supermax price haven’t reach pre Pandamic ya, pre Pandamic is rm0.40 cents so it’s already huge premium factor in give to the cash reserve and new sales

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-19 07:15 | Report Abuse

Now the fully vaccinated is filling up the ICU in Sg Buloh. But no problem because now nurses and doctors all over developed countries don't wear gloves anymore. Kahkahkah

onhands

162 posts

Posted by onhands > 2021-11-19 08:37 | Report Abuse

.
From RM10.80 drop to RM1.80
drop 83% already!
Still expect 1.80 drop another 63% to 0.65?

Supermax shares 2.7b company intends use 4b for sbb
enough for major stakes to fly
between now and sbb approval meet only 10 trading days to cover short position
let see show

.

monetary

4,447 posts

Posted by monetary > 2021-11-19 08:50 | Report Abuse

U think TS LWC not eager to get TG listed in HK? With billions of deployable cash in hand he also can't do anything.

monetary

4,447 posts

Posted by monetary > 2021-11-19 09:04 | Report Abuse

Anyway there is something to cheer glovers up. Check out the short position.

newbie8080

2,769 posts

Posted by newbie8080 > 2021-11-19 09:12 | Report Abuse

Maybe we should setup a public investment group and accumulate 30% of the company's share and appoint a representative.

Then can have some influence at management level.

onhands

162 posts

Posted by onhands > 2021-11-19 09:22 | Report Abuse

monetary: Anyway there is something to cheer glovers up. Check out the short position.

............. please share short positions

Posted by Habisgl0v3333 > 2021-11-19 09:29 | Report Abuse

Wow public investment group, wow 30% of total share.. good luck finding

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-19 09:29 | Report Abuse

Yesterday another huge buying back by short sellers 10 millions shares and net short selling falling to just 31 millions shares equivalent to 1.15% from previous highest 80 millions shares in August/September

myinvestor

1,219 posts

Posted by myinvestor > 2021-11-19 09:32 | Report Abuse

US new covid19 cases hitting 100k daily for past 3 days.

planta

269 posts

Posted by planta > 2021-11-19 09:36 | Report Abuse

Yes penny stock in making. Lose kao kao. Just keep it and close eyes. No eyes see

myinvestor

1,219 posts

Posted by myinvestor > 2021-11-19 09:38 | Report Abuse

Shorties bought 10m SPMX shares and 14.4 m shares of TG.
Total for past 3 days
TG 34m
SPMX 34m.

Fast exiting for shorties.

MoneyMakers

7,667 posts

Posted by MoneyMakers > 2021-11-19 09:39 | Report Abuse

Dont be soo happy short position drop from 2.9% to 1.1%..just means IB got huge cannon for nxt big short

MoneyMakers

7,667 posts

Posted by MoneyMakers > 2021-11-19 09:39 | Report Abuse

Looks like TG will have few str8 red days after JPM downgrade TP 1.5

Supermx will follow red days - break new low

LossAversion

1,727 posts

Posted by LossAversion > 2021-11-19 09:40 | Report Abuse

@Posted by planta > Nov 19, 2021 9:36 AM

@Planta, Penny stocks paying decent dividends!!!???

Posted by Start_0f_the_bull > 2021-11-19 09:43 | Report Abuse

Touched 52 weeks low again.

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-11-19 09:43 | Report Abuse

If TG 1.50 how much this counter worth? 0.80? Habis...

Iewis888

126 posts

Posted by Iewis888 > 2021-11-19 09:46 | Report Abuse

Wah, Supermx huge cash already can privatize the group!

LossAversion

1,727 posts

Posted by LossAversion > 2021-11-19 09:48 | Report Abuse

Do you still believe in those same group of experts who have painted so rosy pictures on gloves, and now paint "6-feet-underground" for their own valuations earlier???!!!!

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-11-19 09:49 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2021-11-19 10:03 | Report Abuse

Averaged down MORE @ 1.72-1.73 to collect more dividend & increase the chances of a profitable exit up to 5 years down the road...Yesterday's AMAZING trade on Sekonic of Japan(+163.3% in 51 months) is an incredible motivator & INSPIRATION!!! =)

Sitting on over 200,000 in cash thanks to sales in Japan over the last fortnight so I'm trickling $$$ slowly into the mkt =D

Posted by Start_0f_the_bull > 2021-11-19 10:04 | Report Abuse

LossAversion,
In the past I followed the analysis of those experts to invest, 90% of them lost.

Posted by ChekHupCoffee > 2021-11-19 10:05 | Report Abuse

Shortist covering means time to buy?

monetary

4,447 posts

Posted by monetary > 2021-11-19 10:08 | Report Abuse

Stay out! Kossan Harta new low. SP TG a few cents to test new low. The ground is TOO HOT!

Posted by ChekHupCoffee > 2021-11-19 10:20 | Report Abuse

Shortist likely have enough tickets in hand to cover shorts, now they want to collect cheap tickets as much as possible.

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-11-19 10:21 |

Post removed.Why?

Posted by Investor126 > 2021-11-19 10:24 | Report Abuse

52weeks low = 1.71, been around here for the past few days.
Beware of another new low. Do not eager to catch the falling knife. Wait for the signal appearance. So far, it still remained weak. Your money, your call. All the best.

Posted by Stocksafeplayer > 2021-11-19 10:25 | Report Abuse

Better pray Canada decides to remove temp pause soon. One uncertainty at this moment….

Posted by Start_0f_the_bull > 2021-11-19 10:30 | Report Abuse

New low for Kossan and TG can have negative effects on other glove counters.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-19 10:43 | Report Abuse

Looks like net short selling Supermax will drop below 0.5% by next Monday/Tuesday

Posted by Benhobenhobenho > 2021-11-19 10:46 | Report Abuse

@lossAversion, u are right, IBs can play God n the next moment devil. How to trust them. Just not too long ago, they gave TP for Supermax at 5rm+ n now what happened??

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-19 10:58 | Report Abuse

Good news. World rubber gloves association is being formed. Purpose of this cartel is to control ASP

Posted by NatsukoMishima > 2021-11-19 11:08 | Report Abuse

When heard China come to challenge u must run fast fast because even arrogant USA also knee know to China now !

MoneyMakers

7,667 posts

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

Harta/kossan huge dump after xdate..supermx also same fate nxt month

jutawansenyap

1,780 posts

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

Monitor SNC. Support now. Break 0.59 akan gerak laju.

Onggal

763 posts

Posted by Onggal > 2021-11-19 11:40 | Report Abuse

1.50 soon and not hurry to jump in.
Be patient and calm

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-19 11:43 | Report Abuse

Llast night germany 65000 cases. And lookslike supermx will get 300mil pound contract from UK gov again

Condom004

398 posts

Posted by Condom004 > 2021-11-19 12:03 | Report Abuse

I will call PAS Hadi...call them give pressure that dun renew Klse license..klse is giant Casino..devil

monetary

4,447 posts

Posted by monetary > 2021-11-19 12:04 | Report Abuse

cases skyrocket but your account balance keep plunging.

Condom004

398 posts

Posted by Condom004 > 2021-11-19 12:29 | Report Abuse

PAS is correct...close All things related gamble including KLSE..the money go massage better..

Posted by Start_0f_the_bull > 2021-11-19 12:39 | Report Abuse

Close KLSE then can trade in SGX, HKSX and many more.

SALAM

1,072 posts

Posted by SALAM > 2021-11-19 12:45 | Report Abuse

Without strong religious conviction, GREED AND GAMBLING takes over to destroy loving families and valuable lives..
BANNING GAMBLING IS NOT WRONG

MoneyMakers

7,667 posts

Posted by MoneyMakers > 2021-11-19 14:24 |

Post removed.Why?

MoneyMakers

7,667 posts

Posted by MoneyMakers > 2021-11-19 14:26 | Report Abuse

No use look at fundamentals/leading indicators anymore..alrdy 60%++ loss too late to do anything alrdy

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

@Knm_bottomed Llast night germany 65000 cases. And lookslike supermx will get 300mil pound contract from UK gov again

______________

What will happen to the price if UK also follow USA step to ban their products ???

Posted by Stocksafeplayer > 2021-11-19 14:32 | Report Abuse

I think unlikely UK ban la…. look at top glove, Uk never ban also when Usa banned last time…

Posted by Stocksafeplayer > 2021-11-19 14:35 | Report Abuse

Ban lor…. Then when illegal, underground gambling re-mushroom again… Govt realised lost alot of tax revenues… then propose gambling license…. then suddenly mix politics with religion…. then ban again…. then illegal gambling again…. You born yesterday kah? LOL


SALAM Without strong religious conviction, GREED AND GAMBLING takes over to destroy loving families and valuable lives..
BANNING GAMBLING IS NOT WRONG
19/11/2021 12:45 PM

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