SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.86

Today's Change

-0.01 (1.15%)

Day's Change

0.855 - 0.865

Trading Volume

174,700


100 people like this.

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

trader101

415 posts

Posted by trader101 > 2021-11-22 11:50 | Report Abuse

glove downtrend… next year come back only see

Posted by Investor126 > 2021-11-22 11:53 | Report Abuse

Next year come back, everything should had all gone.
Observe now as when and where to CL.

Posted by Habisgl0v3333 > 2021-11-22 11:54 | Report Abuse

Down trend still intact , don't underestimate china

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-22 12:21 | Report Abuse

Want see 1.6x this week..new low imminent

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-22 12:42 | Report Abuse

Supermx rm6 december last call

sharemarket21

1,911 posts

Posted by sharemarket21 > 2021-11-22 12:56 | Report Abuse

900 M value. The process of cleaning up and bearish are imminent before the funds start flowing in again. 15th election theme will kick start right after. Invest and trade wisely.

Posted by NatsukoMishima > 2021-11-22 13:45 | Report Abuse

If EU suddenly say want to reduce use of disposable rubber products due to environment issue , then rubber gloves will be targeted !

Posted by Start_0f_the_bull > 2021-11-22 14:21 | Report Abuse

Replace gloves with plastic bags or just use bare hands for surgery is another way to save the environment.
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NatsukoMishima If EU suddenly say want to reduce use of disposable rubber products due to environment issue , then rubber gloves will be targeted !
22/11/2021 1:45 PM

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-22 14:45 | Report Abuse

If TG everyday red follow JPM TP 1.5, sooner or later everyone start dump..esp 3Dec div xdate

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-22 16:05 | Report Abuse

Supermax strong buying support 2 millions shares 1.70 and 1 million shares 1.69

Posted by Investor126 > 2021-11-22 16:12 | Report Abuse

Whatever the strong buy is, it could be a smokescreen.
A trap that would ended up strong bye.

Posted by Investor126 > 2021-11-22 16:27 | Report Abuse

Be wary, new low hit again.

Posted by Start_0f_the_bull > 2021-11-22 16:56 | Report Abuse

Like chickens and dogs all run away.

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-22 17:03 |

Post removed.Why?

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

End of year can see rm 1.4x already if drop like !

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-22 17:19 | Report Abuse

Ding3 1.70 new low unlocked..hopefully tomorrow can see 1.6x level

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-22 17:19 | Report Abuse

Fun fact - supermx/tg/harta/kossan all new low closing today

Gerrardo

630 posts

Posted by Gerrardo > 2021-11-22 17:33 | Report Abuse

Gloves closing red today. As always. LoL

Posted by MoneyMakers > Nov 22, 2021 5:19 PM | Report Abuse

Fun fact - supermx/tg/harta/kossan all new low closing today

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-22 18:05 | Report Abuse

Year end sales for Glove...

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-22 18:19 | Report Abuse

JP Morgan forgot to put latest TP to Supermax on purpose because...

Zrenxy

603 posts

Posted by Zrenxy > 2021-11-22 19:14 | Report Abuse

JP Morgan trying to buy TG @ RM2.....stay tuned

Zrenxy

603 posts

Posted by Zrenxy > 2021-11-22 19:14 | Report Abuse

USA fund Managers entering TG real soon to push UP

Condom004

398 posts

Posted by Condom004 > 2021-11-22 20:02 | Report Abuse

Buy buy buy. to average..earn billion profit company where to find at this current price! Even earn million also worth it

monetary

4,447 posts

Posted by monetary > 2021-11-22 21:09 | Report Abuse

the only fund buying is refinancing fund

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-22 21:09 | Report Abuse

Dont dream any fund buying TG..coming QR EPS prob left 5sen + div 3sen

No value anymore..all dump after xdate yr-end like harta/kossan

Posted by Start_0f_the_bull > 2021-11-22 21:31 | Report Abuse

Bro, what is your new rule now? Ha ha
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monetary it could b a right call it could b wrong too. just stick to rule. lose small win bigger. most importantly. don't get trapped
20/11/2021 9:49 AM

monetary now awaiting TG boss's next course of action
20/11/2021 9:50 AM
/11/2021 4:12 PM

monetary temporary problem leads to short term goreng only.
20/11/2021 4:13 PM

Condom004

398 posts

Posted by Condom004 > 2021-11-22 21:32 | Report Abuse

Yes..later topglove become like oil&gas penny stock etc Knm,Alam,Velesto...

monetary

4,447 posts

Posted by monetary > 2021-11-22 21:52 | Report Abuse

New rule? There ain't any new rule. Still the same old rule. Lose small win bigger. 1st trade bought on 12 sold on 16 (win). 2nd trade bought on 17 sold on 18 (lose). The win still bigger than the lost. That's how u handle downtrend stock. Not keep refinancing n averaging down.

Posted by Start_0f_the_bull > 2021-11-22 21:54 | Report Abuse

Dude, no lah. I think early next year earning per share 3c, dividend 2c, share price 1c only if lucky not classified as Pn17 company.
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Condom004 Yes..later topglove become like oil&gas penny stock etc Knm,Alam,Velesto...
22/11/2021 9:32 PM

monetary

4,447 posts

Posted by monetary > 2021-11-22 21:54 | Report Abuse

Why u so keppo keep track of my comments? U like my trading style. Or u tried to follow but get burnt?

kbtsyl68

145 posts

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

Maybulk eps 11 cents this qyr and share price is 60 cents. Eksons EPS negative 7 cents and share price is 75 cents. Bp plastics EPS 5 cents and share price is 2.75.
This is Malaysian investors mentality in investing.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-11-22 22:42 | Report Abuse

@monetary New rule? There ain't any new rule. Still the same old rule. Lose small win bigger. 1st trade bought on 12 sold on 16 (win). 2nd trade bought on 17 sold on 18 (lose). The win still bigger than the lost. That's how u handle downtrend stock. Not keep refinancing n averaging down.
22/11/2021 9:52 PM

Why u so keppo keep track of my comments? U like my trading style. Or u tried to follow but get burnt?

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-11-22 22:45 |

Post removed.Why?

Risk Trader

3,942 posts

Posted by Risk Trader > 2021-11-22 22:52 | Report Abuse

Slowly down to below rm1.50

gohkimhock

3,117 posts

Posted by gohkimhock > 2021-11-22 22:57 | Report Abuse

RM1.50 also expensive la..

The only way for glove counters to rebound is China ban the export of gloves.. Rising covid19 cases no longer relevant..

Posted by Start_0f_the_bull > 2021-11-22 22:58 | Report Abuse

See? I don't want to follow you but get burnt that is why I want to keep track your style mah. If you don't like it I don't follow lor.
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monetary New rule? There ain't any new rule. Still the same old rule. Lose small win bigger. 1st trade bought on 12 sold on 16 (win). 2nd trade bought on 17 sold on 18 (lose). The win still bigger than the lost. That's how u handle downtrend stock. Not keep refinancing n averaging down.
22/11/2021 9:52 PM

22/11/2021 9:32 PM
monetary Why u so keppo keep track of my comments? U like my trading style. Or u tried to follow but get burnt?
22/11/2021 9:54 PM

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-22 23:34 | Report Abuse

Mercator +10%

monetary

4,447 posts

Posted by monetary > 2021-11-23 06:18 | Report Abuse

The lowest form of IQ is seeing his own money being robbed but still happily put more money on the table.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-23 08:25 | Report Abuse

The government has launched an investigation into one of the NHS’s main suppliers of personal protective equipment over its alleged use of forced labour.

Officials at the Department for Business, Energy and Industrial Strategy (BEIS) are investigating Supermax, which won a £316m contract for 88.5m rubber gloves as the Covid pandemic began to unfold.

Asked by the Guardian for details of the inquiry, a government spokesperson said: “We take allegations of this nature very seriously and we are investigating the claims made against Supermax. We have made strong commitments to eradicate modern slavery from all contracts in the government supply chain.”

The government made clear that the investigation could lead to Supermax being banned from supplying the NHS. “A proper due diligence process is carried out for all government contracts and our suppliers are required to follow the highest legal and ethical standards. If they fail to do so we will remove them from current and future contracts,” the spokesperson said.

Posted by Investor126 > 2021-11-23 09:26 | Report Abuse

Seeing this kind of trading volume, would not be surprised if Supermax hit another new low again to 1.6+ this week.
This counter is already gone, so buy with care.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-11-23 09:38 | Report Abuse

Walao now even uk investigate supermx..nonstop problem

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-23 09:59 | Report Abuse

Don't worry about investigation, quality of the Glove and Supermax can afford to sell at lower ASP, it means very soon China Glove manuf manufacturers will either close shops or go bankrupt..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-23 10:05 | Report Abuse

The reason why US and Canada or UK cannot initiate investigation into China Glove manufacturers because they don't need to employ foreigners like Bangladesh, Nepal,, whereas Malaysian government is encouraging them to employ foreigners instead of locals..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-23 10:08 | Report Abuse

Most important, you are paying RM 1.70 and get minimum 5 sens dividend plus Supermax NTA is RM 1.91 and still having RM 1.35 cash on hands..

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