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.

222,711 comment(s). Last comment by 5231428 9 hours ago

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-27 12:15 | Report Abuse

Vaccine maker Moderna up 20% yesterday due to new variant Omicron...Healthcare stocks e.g vaccine,gloves and PPE will likely uptrend next week

OnTime

2,188 posts

Posted by OnTime > 2021-11-27 12:56 | Report Abuse

The common flu virus is a rhinovirus while covid-19 is a coronavirus. Rhino is primarily a respiratory disease whereas corona is a vascular disease. A vascular disease damages the blood vessels, meaning it can damage all the organs since all organs are supplied with blood. Scientists even found covid-19 in the test-icles of infected men. So there are big big differences between the 2 viruses. Of course rhinovirus is much easier to tackle than coronavirus due to the structural complexity of the latter. So please don't put the 2 in the same pot!
------------------------------------------------------------------------------------------------

monetary OnTime. May I know common flu has how many mutations?

Posted by Invicibletrader > 2021-11-27 13:04 | Report Abuse

-Bad quarter report for gloove counters.
-Unlike last time, companies are able to manipulate and develop new vaccine quickly: https://www.ndtv.com/world-news/moderna-says-it-will-develop-booster-shot-for-new-covid-strain-omicron-2626603
-And more countries are opening up despite there are COVID-19 restrictions in some countries

You know what to do now.

Posted by Start_0f_the_bull > 2021-11-27 14:11 | Report Abuse

https://edition.cnn.com/2021/11/26/africa/new-covid-variant-discovered-south-africa-b11529-intl/index.html

De Oliveira stressed the Covid-19 shots are still the best tool against the virus, adding lab studies still need to be carried out to test vaccine and antibody evasion.
"I don't think we're going to see a situation where the vaccines will be rendered useless," said Jha. "I think that's exceedingly unlikely. The question is, is there a tiny hit to vaccine efficacy, or is there a large hit? I think we'll get some preliminary data probably in the next few days."
More studies also need to be conducted to understand the clinical severity of the variant compared to previous variants.
---------------------------------------------------------
In the next few days probably there will be some clues whether gloves can possibly continue its uptrend or otherwise.

ahbah

6,238 posts

Posted by ahbah > 2021-11-27 14:33 | Report Abuse

Against c 19 infection, vaccines are 100% useless !!!

ahbah

6,238 posts

Posted by ahbah > 2021-11-27 14:41 | Report Abuse

Our country is highly vaccinated, n yet everyday we got a few thousand

new cases of c 19 with SOP still on.

Which help more to bring down our new cases - vaccines or SOP ?

Posted by Benhobenhobenho > 2021-11-27 17:23 | Report Abuse

I am wondering just how many of these foreign workers employed by ATA IMS that human rights activist Andy Hall claimed to be subjected to forced labor by the company. If systemic forced labor practices are being placed upon majority of these foreign workers, then i really hv nothing to say here but instead recommend immediate drastic and maximum punishment to be made upon this company. But then if Andy is really fighting for just a few (considered bad apples which are bound to exist), it wud sound rather ridiculous and shud not hv happened in the first place. Is it worth it?...the first thing the company management is going to undertake is retrenchment of all these foreigner workers wthr they like it or not due to loss of business,

Posted by Benhobenhobenho > 2021-11-27 17:24 | Report Abuse

Same goes to esg issue in supermax

OnTime

2,188 posts

Posted by OnTime > 2021-11-27 18:48 | Report Abuse

Malaysia companies should move overseas, our govt isn't even tried to protect them!

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-27 18:52 | Report Abuse

Malaysian gov makan duit saje

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-27 20:23 | Report Abuse

The problem is these companies sometimes holds their passports when they first arrived because they are financially debted to the companies. Just open a hiring office in myanmar and bangladesh. Doesn't hurt while margin is big

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-27 20:25 | Report Abuse

Unlike natural immunity, vaccine immunity only focuses on spike proteins. The virus is clever and overcome this by changing the spike proteins. But some ppl are so unhealthy they have weak natural immunity

Jason85

652 posts

Posted by Jason85 > 2021-11-27 20:37 | Report Abuse

Is many people prepare cash silently to all in glove next week?

Posted by Benhobenhobenho > 2021-11-27 20:55 | Report Abuse

I am wondering just how many of these foreign workers employed by supermax that human rights activist Andy Hall claimed to be subjected to forced labor by the company. If systemic forced labor practices are being placed upon majority of these foreign workers, then i really hv nothing to say here but instead recommend immediate drastic and maximum punishment to be made upon this company. But then if Andy is really fighting for just a few (considered bad apples which are bound to exist), it wud sound rather ridiculous and shud not hv happened in the first place. Is it worth the effort that due to a few complaints from some sour apples caused the company to lose some big contracts n business n eventually this will cause mass retrenchment of the entire workforce thus affecting the country economy. I am sure this is just isolated incidents of some worker dissatisfaction being blown up into big issues. These worker dissatisfaction can happen anywhere in the world.

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-27 21:30 | Report Abuse

So many countries now reporting Omicron cases. Limit Up monday

Jokers2020

2,006 posts

Posted by Jokers2020 > 2021-11-27 21:33 | Report Abuse

all countries are on alert to curb the spread of new virus.Unless there is a big spike in number of death cases,glove sector will only start to move up...if not it will be just a short rebound...

gohkimhock

3,129 posts

Posted by gohkimhock > 2021-11-27 22:30 | Report Abuse

Just don't get yourself trapped at this fake hype. During last year, gloves were speculated because there was no vaccine or cure available for months. It was still a mysterious virus then. Now, mrna vaccines has been developed. The good thing about mrna vaccine is it is able to tweak easily. As long as the whole spike protein is not changed, all vaccine will work. Just need some improvement..

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-27 22:48 | Report Abuse

Next year every quarter 2 billion profit

Geek2020

970 posts

Posted by Geek2020 > 2021-11-27 22:52 | Report Abuse

Labour issue, CBP ban is a big issue. If UK terminates the contract, Supermax will suffer heavily..can’t believe such a reputable company could do such a terrible thing

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-27 23:10 | Report Abuse

New york has declared state of emergency

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-27 23:11 | Report Abuse

Perhaps all employers who employed foreign workers need to house them in bungalows and everyday provide abalone to them to satisfy US criteria in labour issues.

Panorama1

971 posts

Posted by Panorama1 > 2021-11-28 00:01 | Report Abuse

Omicron will add 50% share price premium to the glove counters into Year 2022.

Panorama1

971 posts

Posted by Panorama1 > 2021-11-28 00:06 | Report Abuse

RSS players will be scrambling to close their open position next week :-)

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-28 00:27 | Report Abuse

Supermax net short selling just left 1.10% only not much for short sellers to buy back Supermax shares...Missed opportunity for Supermax as US CBP ban and Canada federal government contract ban still on going

Panorama1

971 posts

Posted by Panorama1 > 2021-11-28 07:24 | Report Abuse

It will be rotational play and flight to safety into glove counters. This is a real reminder that the pandemic is far from over. The other 3 (Topglove, Hartalega & Kossan) will benefit even more.

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-28 07:31 | Report Abuse

JUST IN: Israel to halt foreigners from entering the country for next two weeks amid concerns over Omicron variant

Posted by shareinvestor888 > 2021-11-28 08:17 | Report Abuse

Pending UK government investigations also.

Hope not like ATAIMS…Denied in May21 but major supplier terminated contract last week.

Ryan83 Supermax net short selling just left 1.10% only not much for short sellers to buy back Supermax shares...Missed opportunity for Supermax as US CBP ban and Canada federal government contract ban still on going
28/11/2021 12:27 AM

Geek2020

970 posts

Posted by Geek2020 > 2021-11-28 08:34 | Report Abuse

We always downplayed ESG concerns. We only see $$$ but world is changing. We must demand our local big corporates to comply. Otherwise our hard earned money will vape in thin air like what happened to Ataims shareholders. Put the board at task and ask them difficult questions. End of the day they are paid to do that. Supermax must also be transparent about what is happening. We do not want suddenly UK announces a termination.hope stanley comes down from his penthouse

masterus

3,606 posts

Posted by masterus > 2021-11-28 09:36 | Report Abuse

Watch: Man steals items from US store, walks away as security personnel look on
Under Proposition 47, stealing goods worth less than $950 does not count as felony but misdemeanor. Cops say it has become a common sight in San Francisco, as the new law has emboldened criminals rather than making it safe for the general public

https://www.businesstoday.in/latest/trends/story/watch-man-steals-items-from-us-store-walks-away-as-security-personnel-look-on-298921-2021-06-17?utm_source=btweb_story_share

Posted by shareinvestor888 > 2021-11-28 10:12 | Report Abuse

Agree

Geek2020 We always downplayed ESG concerns. We only see $$$ but world is changing. We must demand our local big corporates to comply. Otherwise our hard earned money will vape in thin air like what happened to Ataims shareholders. Put the board at task and ask them difficult questions. End of the day they are paid to do that. Supermax must also be transparent about what is happening. We do not want suddenly UK announces a termination.hope stanley comes down from his penthouse
28/11/2021 8:34 AM

Posted by NatsukoMishima > 2021-11-28 10:44 | Report Abuse

Up fast drop also double fast since the realistic already showed u that gloves sector net profit dived ultra fast ! Better dont touch first !

romulos

141 posts

Posted by romulos > 2021-11-28 11:35 | Report Abuse

It is all up to every individual risk appetite.

5231428

617 posts

Posted by 5231428 > 2021-11-28 12:53 | Report Abuse

Renewed interest in glove stocks for sure.

Posted by Start_0f_the_bull > 2021-11-28 13:30 | Report Abuse

News from theguardian.com :
Financial markets face turbulent week
World stock markets plunged on Friday as news emerged of the Omicron variant – and futures trading suggests more steep falls when trading resumes on Monday.

Holger Zschaepitz
(@Schuldensuehner)
Dow Jones closed down >900 points in biggest drop since Oct 2020 as new COVID variant sparks market plunge. It's the worst Black Friday on record for the Dow, acc to Dow Jones Market Data. WHO says new Coronavirus strain detected in Southern Africa is variant of concern. pic.twitter.com/CsxdzsfK9r

November 26, 2021
Wall Street’s Dow Jones industrial average is on course to shed around 2.5% on Monday and the broader S&P500 is tracking for losses of 2.2%. Other major indices are heading the same way with the FTSE100 expected to drop 3.8%, the Hang Seng seen losing 1.2%%, and the Nikkei to drop more than 3%.

However, there’s a lot that could happen in the meantime. If evidence emerges that the new variant is not as dangerous as previous ones, markets could rebound very sharply so the futures indices will be closely watched for the next 24 hours in the build up to the next session opening in Asia Pacific.

Worth quoting comments by Dr Angelique Coetzee, chair of the South African Medical Association and a practising GP based in Pretoria, who said it was “premature” to make predictions of a health crisis.

“It’s all speculation at this stage. It may be it’s highly transmissible, but so far the cases we are seeing are extremely mild,” she said”

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 14:08 | Report Abuse

Omicron is looking for monkey and dogs
Where are they hiding?

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 14:09 | Report Abuse

NM sure kena fxxxk by omicron

Posted by Habisgl0v3333 > 2021-11-28 14:12 | Report Abuse

Relax relax is Sunday, I'm going to have a beer beside pool cheers

Tey123

7 posts

Posted by Tey123 > 2021-11-28 14:12 | Report Abuse

Buy !!!

derrtan

1,796 posts

Posted by derrtan > 2021-11-28 14:26 | Report Abuse

only one day after WHO name it...there are cases in UK, Germany, Crez, Belgium, Italy, HK, Australia....spread really fast

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-28 14:40 | Report Abuse

Where gor fast? Only few cases each. Now all put under quarantine

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-28 14:47 | Report Abuse

Careplus profit latest 3rd QR falls 92% vs 2nd QR from 105 millions to 8 millions only really not very good financial result

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-28 14:47 | Report Abuse

Due to overwhelming response from glove investors, JPM will launch another Lelong sales tomorrow from 9am until 12.30pm. This is the last Lelong sales. But this time no more 1.61. the lowest will be any price below 1.80.
Don't miss the last Lelong before Christmas.
The Lelong sales are gift from JPM to all glove investors.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-28 14:58 | Report Abuse

gemfinder Where gor fast? Only few cases each. Now all put under quarantine
28/11/2021 2:40 PM

------

For you sure not fast laa......your eyes at back side one.
Till u see it happen in your house maybe you realize.

UPlanet

1,450 posts

Posted by UPlanet > 2021-11-28 15:00 | Report Abuse

Now suddenly JPM become Topglove & Supermax top10 shareholder.. Why?

OnTime

2,188 posts

Posted by OnTime > 2021-11-28 15:12 | Report Abuse

now is the Omicron, next will be the Megatron variant!

Posted by Pgraduate123 > 2021-11-28 15:15 | Report Abuse

Ryan.... Who cares abt profits n ASP now.
Transformers landing tonight from dark side of the moon.
All Gloves Limit up 9:21 am tomorrow

Posted by Pgraduate123 > 2021-11-28 15:16 | Report Abuse

Derrtan... Our only savior is bubble bee.
Limit up 2moro

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