Posted by MoneyMakers > 2021-11-24 17:03 | Report Abuse

6 days left until div xdate massacre!! tiktok tiktok

Posted by NatsukoMishima > 2021-11-24 17:11 | Report Abuse

If uk also ban then 0.64 really can happen !

Posted by Tantoro > 2021-11-24 17:19 | Report Abuse

CCB MM NM

Posted by Start_0f_the_bull > 2021-11-24 17:24 | Report Abuse

MoneyMakers 6 days left until div xdate massacre!! tiktok tiktok
24/11/2021 5:03 PM
---------------------------------------------
This guy could be right, share price indeed fell ex dividend, it happened to Kossan, Comfort, TG, Carepls, Harta, and almost all glove counters. The figures can't lie. With the dark clouds hanging over Supermax head now I guess it could be worse for Supermax share price in times to come.
Anyway, I will add more within 2 weeks or 2 months time after ex dividend date and the dust has settled by then.
Good luck to all Supermax shareholders.

Posted by Start_0f_the_bull > 2021-11-24 17:29 | Report Abuse

Nonetheless, I hope this time it is exceptional, the share price rise instead of drop after ex-div date.

Posted by IronShirt > 2021-11-24 17:29 | Report Abuse

already predicted UK, EU will act on Forced Labor...these are the Countries where NGO are
very strong politically Connected....I think TopGlove donT has to grin now, your turn will come
later

Posted by M168 > 2021-11-24 17:39 | Report Abuse

what will be the ex dividend price

Posted by Citadel00 > 2021-11-24 17:53 |

Post removed.Why?

Posted by Citadel00 > 2021-11-24 17:55 |

Post removed.Why?

Posted by Citadel00 > 2021-11-24 17:56 | Report Abuse

UR TP NOT RM 9 ??WHY SUDDENLY RM 1.9 NEED BREAKEVEN EDI??HAHAHA

Posted by Tantoro > 2021-11-24 18:37 | Report Abuse

CCB100

Posted by risekita8 > 2021-11-24 18:41 | Report Abuse

Going down again

Posted by Citadel00 > Nov 24, 2021 5:56 PM | Report Abuse

UR TP NOT RM 9 ??WHY SUDDENLY RM 1.9 NEED BREAKEVEN EDI??HAHAHA

Posted by Start_0f_the_bull > 2021-11-24 19:25 | Report Abuse

M168 what will be the ex dividend price
24/11/2021 5:39 PM

Ask your God.

Posted by risingstar21 > 2021-11-24 19:28 | Report Abuse

TG is doing green today.

But not good for supermax.

Posted by Start_0f_the_bull > 2021-11-24 19:33 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2021/11/24/no-windfall-tax-on-companies-that-enjoy-tax-breaks-says-tengku-zafrul/

Government only know how to collect tax but can't help companies being hurt by political issues.

Posted by dianatrader > 2021-11-24 19:36 | Report Abuse

TG is smiling at Supermax today.

At least they still green

Posted by oskchoon > 2021-11-24 19:45 | Report Abuse

Supermax can afford to sell Glove at lower ASP than other glove companies but many small or medium companies cannot afford to do that because they are not cash rich..

Posted by oskchoon > 2021-11-24 19:47 | Report Abuse

If Supermax only making less than 100 millions, also good because Supermax don't subject to Makmur tax of 33 %..

Posted by Beautyseeker > 2021-11-24 19:49 | Report Abuse

UK probing Supermax over forced labour allegations — report
Author: savemalaysia | Publish date: Wed, 24 Nov 2021, 12:22 PM

KUALA LUMPUR (Nov 24): The UK government has launched an investigation into one of its National Health Service's (NHS) main suppliers of personal protective equipment — Supermax Corp Bhd, over allegations of forced labour.

Citing officials at the UK Department for Business, Energy and Industrial Strategy (BEIS), the Guardian earlier this week reported that they are investigating Supermax, which won a £316 million (RM1.78 billion) contract for 88.5 million rubber gloves amid the Covid-19 pandemic.

The investigation comes one month after the US Customs and Border Protection (CBP) said it would detain imports of disposable gloves produced by Supermax on forced labour allegations.

According to the Guardian, the UK government has initiated its own inquiry after Jeremy Purvis, a Liberal Democrat peer, demanded scrutiny of Supermax and action to ensure that products made using modern slavery are not used in Britain.

“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 Guardian reported a government spokesperson as saying.

The report said 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 report cited the spokesperson as saying.

The Guardian said Supermax did not respond to requests to respond.

At 10.35am, Supermax was unchanged at RM1.75, valuing the group at RM4.63 billion. Year-to-date, the counter has tumbled 68.42%.



https://www.theedgemarkets.com/article/uk-probing-supermax-over-forced-labour-allegations-%E2%80%94-report

Posted by myinvestor > 2021-11-24 20:51 | Report Abuse

Plantation stocks still doing well despite the cbp banned.

https://apps.theedgemarkets.com/article/us-sanctions-put-malaysian-palm-oil-giants-conundrum

Posted by Start_0f_the_bull > 2021-11-24 21:18 | Report Abuse

Hopefully a all out price war do happen and the earlier the better so that all glove makers will be forced to abandon their expansion plans, smaller makers will be forced to shut down.
Gloves shortage will happen then and gloves selling price will surge again. Those countries that are shouting human rights against so called 'forced labour' will have difficulty to get their gloves supplies like the shortage of semiconductors and electronic chips which is happening now.

Posted by Legend > 2021-11-24 21:21 | Report Abuse

Reuse, reduce, recycle...

Posted by IronShirt > 2021-11-24 21:21 | Report Abuse

Malaysia palm Oil depends on 2 countries Only---China and India
Palm Oil enters USA is facing competition from USA corn Oil & Seed Oil
EU is using Butter more than any vegetable Oil ( they can banned Palm Oil easily )

Posted by Start_0f_the_bull > 2021-11-24 21:44 | Report Abuse

shareinvestor888 YEAP, DON’T BE OVER CONFIDANT

Not over confident lah. It is just my idea and unlikely it will happen because gloves makers are fighting with their teeth and nails for survival in a limited market.

Posted by ToneeFa > 2021-11-24 21:46 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-11-24 21:53 | Report Abuse

https://www.bbc.com/news/live/world-59398909

Despite surge in cases in Poland, Mercator Medical is trading at 3% down.

Posted by shareinvestor888 > 2021-11-24 22:37 | Report Abuse

https://www.theedgemarkets.com/article/analysts-see-challenging-year-ahead-supermax-amid-headwinds

KAF TP 1.0 provided no similar ban as US from UK

Posted by Jason85 > 2021-11-24 23:23 | Report Abuse

This type of entry price, plan to all in.. 30 lot enough?

Posted by ToneeFa > 2021-11-24 23:27 | Report Abuse

try 300

Posted by ToneeFa > 2021-11-24 23:41 |

Post removed.Why?

Posted by MoneyMakers > 2021-11-24 23:41 | Report Abuse

Wait after xdate below 1.5..easily lelong 15% discount

Posted by Start_0f_the_bull > 2021-11-24 23:45 | Report Abuse

TG also needed to consult Impactt to get them out of the ban. So Stanley likely have to do the same here, paying many millions to them to get out of the US CBP ban. Seems like a form of extortion. Below article reveal the bs by him.
----------------------------------------
Good info ToneeFa.

Posted by ToneeFa > 2021-11-25 01:06 |

Post removed.Why?

Posted by linheng > 2021-11-25 04:20 | Report Abuse

Glad u find it relevant SOTB. This Andy guy is full of crap shit. Listen to this
" Impactt has the experience of working with the trade sanctions — for example, with WRP Asia Pacific Sdn Bhd and Top Glove Corp Bhd — but I am not involved in these projects. So, yes, I do work with Impactt, but as a special adviser on very high-level consultancy issues — it is not related. I know there have been some rumours or discussions that somehow or some way I am getting business for Impactt; it is completely untrue."

So much bull. These "ethical organisation" are acting like gangsters extorting protection money, but hypocritically hiding behind some "noble" causes but in reality is for money making purpose. Looks like one could make money on both sides of the coin, from the jipet short fella and from the victimized companies such as glovemakers. And with US CBP releasing TG from the ban, it proved that working with Andy's company can settle the issue. Then SpmX gets whacked, which is carefully timed for some jipet to benefit so that the jipet can buy back cheap cheap. With such benefit, its shows strong motive to engage.
AGREE WITH YOU BUT OUR GOVT JUST KEEP DUMB. NEED A GOVT RESPONSE ESP THE HUMAN RESOURSE MINISTER. SOON THIS FORCE LABOUR ACCUSATIONS SPREAD LIKE COVID. ALREADY KENA GOODYEAR MALAYSIA - BUT US COMPANY. SO NO PROBLEM.
ATA, GTRONIC , VS WILL SOON KENA

Posted by masterus > 2021-11-25 06:36 | Report Abuse

UK probing Supermax over forced labour allegations — report
Tan Siew Mung
/
theedgemarkets.com

November 24, 2021 11:13 am +08

Posted by masterus > 2021-11-25 06:39 | Report Abuse

Soon, EU also follow UK step on forced labour issues.

Posted by upshare > 2021-11-25 06:39 | Report Abuse

Any things done by malaysia gov

Posted by masterus > 2021-11-25 06:41 | Report Abuse

In future, Western countries will using forced labour to rob our country.

Posted by masterus > 2021-11-25 06:44 | Report Abuse

Us the West Big brother using forced labour tool successfully on our country. Their adik-beradik will also follow us steps soon.

Posted by Start_0f_the_bull > 2021-11-25 08:49 | Report Abuse

Linheng
AGREE WITH YOU BUT OUR GOVT JUST KEEP DUMB. NEED A GOVT RESPONSE ESP THE HUMAN RESOURSE MINISTER. SOON THIS FORCE LABOUR ACCUSATIONS SPREAD LIKE COVID. ALREADY KENA GOODYEAR MALAYSIA - BUT US COMPANY. SO NO PROBLEM.
ATA, GTRONIC , VS WILL SOON KENA
25/11/2021 4:20 AM
----------------------------------------------------
You are right, ATA and Gtronic price plunged in the past few days, that is maybe someone else already aware that something is going to happen that we don't know.
25/11/2021 8:46 AM

Posted by masterus > 2021-11-25 09:08 | Report Abuse

https://www.thestar.com.my/news/world/2021/11/23/dutch-covid-19-patients-transferred-to-germany-as-hospitals-struggle#.YZ7hx2zvbVo.whatsapp

Posted by Investor126 > 2021-11-25 09:09 | Report Abuse

Not here to bombard Supermax, but be logic sense.

The news on last Fri with this caption, "Supermax in talks with various diplomatic bodies to assist migrant workers to resolve forced labour issue". Why would Supermax do this if every where also forced labour issue? Something is just not right, isn't it?

Just a two cents. Be wise when you invest in Supermax as the trap still goes on.

Posted by sharemarket21 > 2021-11-25 09:24 | Report Abuse

Now officially this room is free from abuse. That's exactly proper public forum is all about. Company production will be affected and why so concern about the share price if it's long term investment. All sort of nonsense conspiracies from call warrants until this. Just focus and let's wait for the best lowest entry price. Every negative news might create some good opportunities.

Posted by investmalaysia7777 > 2021-11-25 09:28 | Report Abuse

Aiyo, some more say want set up factory in UK US wa hahahaha

Posted by shareinvestor888 > 2021-11-25 09:33 | Report Abuse

https://www.klsescreener.com/v2/news/view/834979/supermax-says-abiding-by-labour-laws-after-report-on-us-probe

Posted by investmalaysia7777 > 2021-11-25 09:33 | Report Abuse

if long essays work, pjseow would have made millions from supermax d hahaha

Posted by Dannyfyl88 > 2021-11-25 09:36 | Report Abuse

Yes sharemarket... negative news creates opportunites. This company still makes money and practically debt free. Now got bullets but waiting to add

Posted by sharemarket21 > 2021-11-25 09:39 | Report Abuse

Perhaps some silly innocent are contributing until you guys on board. Check and balance. Save some who care to read commenters. You saved many and that's why cut loss at 2 and 1.93. Hah

Posted by GlovesOff > 2021-11-25 09:41 | Report Abuse

haha fake topup ? no choice - too heavy of loss MUST avg down

later behtahan CL !!!
**************
This company still makes money and practically debt free. Now got bullets but waiting to add

Posted by GlovesOff > 2021-11-25 09:42 | Report Abuse

butt of joke in spmx and all gloves i3 haha
**************
if long essays work, pjseow would have made millions from supermax d hahaha