SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.87

Today's Change

-0.015 (1.69%)

Day's Change

0.855 - 0.89

Trading Volume

7,403,400


100 people like this.

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

Posted by Pgraduate123 > 2021-11-28 15:19 | Report Abuse

Boomberg... Those monkeys are hiding in the jungle.. TiPah tertipu lagi... Omicron will reward them

Investoz88

545 posts

Posted by Investoz88 > 2021-11-28 15:21 | Report Abuse

PPE and Glove restocking coming fast and furious..
ASP may spike again...

OnTime

2,188 posts

Posted by OnTime > 2021-11-28 15:41 | Report Abuse

so people would have to take 2 kinds of jabs, 1 for delta and 1 for omicron? some more rich nations will start hoarding vaccines/pills again leaving poor nations vulnerable as usual (and cause more variants due to lack of protection)! humanity is in deep shit.

Panorama1

971 posts

Posted by Panorama1 > 2021-11-28 15:43 | Report Abuse

Re-rating soon due to Omicron. TPs will have to be revised upward immediately due to change in one of the significant assumptions. Main negative at present is the US CBIP ban.

OnTime

2,188 posts

Posted by OnTime > 2021-11-28 15:51 | Report Abuse

many countries especially western ones are in a state of emergency now so they need all the gloves they can get. so no ban is my opinion.

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 15:56 | Report Abuse

Glove will be bullish at least 3 months
Stock Market always looks 6 -12 months ahead

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 15:58 | Report Abuse

Present glove price buy 1 free 3-6

5231428

611 posts

Posted by 5231428 > 2021-11-28 15:59 | Report Abuse

Demand will be going up gloves will be bullies.

Posted by Start_0f_the_bull > 2021-11-28 16:00 | Report Abuse

The Australian Red Cross has sent a large delivery amount of PPE to Papua New Guinea to be distributed to remote hard-to-reach communities as the nation continues to battle coronavirus.

The critical delivery includes:

636,000 surgical masks
65,000 examination gloves
360 infrared thermometers
24,000 bottles of hand-sanitizer
PNG has officially confirmed almost 35,000 coronavirus cases and 542 deaths but it is believed many more cases and deaths are going unreported in the nation of nine million where vaccination hesitancy is reported to be high.
------------------------------------------------------------

Country with 9 million population only but examination gloves needed is already at least 65k. Gloves demand is still huge.

5231428

611 posts

Posted by 5231428 > 2021-11-28 16:03 | Report Abuse

The ban will be waived and all is well.

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-11-28 16:54 | Report Abuse

From tomorrow onwards,every weekend all glove investors can have whisky by the poolside.

RHBIB7

981 posts

Posted by RHBIB7 > 2021-11-28 17:28 | Report Abuse

we have witnessed millions of CHina foreign workers have been brought into Malaysia for glove production since the cost of labor is much lower than Banglas, Cambodia and Indonesians.

I heard they are willing to work for RM500 per month.

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-11-28 17:31 | Report Abuse

The first South African doctor to alert authorities about patients with the omicron variant has told The Telegraph that the symptoms of the new variant are unusual but mild.

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-11-28 17:32 | Report Abuse

The first South African doctor to alert authorities about patients with the omicron variant has told The Telegraph that the symptoms of the new variant are unusual but mild.

RHBIB7

981 posts

Posted by RHBIB7 > 2021-11-28 17:33 | Report Abuse

China has already been rated as an underdeveloped country after US-sanctions.

their GDP per capita is lower than Bangladesh.

So it is wise to produce cheap gloves in China.

derrtan

1,796 posts

Posted by derrtan > 2021-11-28 17:39 | Report Abuse

RHBIB7 Dont be silly...now China worker will take RM500 per month?? where is your sense????

monetary

4,447 posts

Posted by monetary > 2021-11-28 17:45 | Report Abuse

whatever in your mind just do the opposite. that's how u beat the croc. the croc know u too well.

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 17:49 | Report Abuse

RHBIB7 brain must cuckoo and stuck in 80’s

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 17:51 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 17:53 | Report Abuse

How u r in TG rambutan


RHBIB7 we have witnessed millions of CHina foreign workers have been brought into Malaysia for glove production since the cost of labor is much lower than Banglas, Cambodia and Indonesians.

Birdie

77 posts

Posted by Birdie > 2021-11-28 18:35 | Report Abuse

Whatever happened to the investment in USA?

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 18:44 | Report Abuse

Ooi CCB monkey dogs where are you?

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 18:45 | Report Abuse

MM n MN r CCB

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 18:49 | Report Abuse

MM n MN parents have a offsprings of bar studs

pjseow

2,264 posts

Posted by pjseow > 2021-11-28 18:50 | Report Abuse

Please look.at latest projections of per.capita by IMF for 2021. China is US 11,800 vs Malaysia 11,600. China already beat.Malaysia by a small margin. Dont think that Chinese workers Salaries or incomes are lower than Malaysians. I expect Chinese will appreciate wrt US Dollar in the coming years. China is no.more cheap.

----------------------------
"List of countries by GDP (nominal) per capita - Wikipedia" https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita

Posted by Start_0f_the_bull > 2021-11-28 19:24 | Report Abuse

Chameleons is a master of camouflage but is harmless. Crocodile is also a master of camouflage, but is aggressive and deadliest. Good luck guys.
----------------------------------------------------------------
monetary
whatever in your mind just do the opposite. that's how u beat the croc. the croc know u too well.
28/11/2021 5:45 PM

Posted by Start_0f_the_bull > 2021-11-28 19:28 | Report Abuse

It is a joke. OK, I understand.
---------------------------------------------------
RHBIB7 China has already been rated as an underdeveloped country after US-sanctions.

their GDP per capita is lower than Bangladesh.

So it is wise to produce cheap gloves in China.
28/11/2021 5:33 PM

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-11-28 19:50 | Report Abuse

@BoomBerg Ooi CCB monkey dogs where are you?
28/11/2021 6:44 PM

Ya this weekend they totally disappeared. That means the shortists are panicking. Friday they shorted TG with 10m.

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-11-28 19:51 | Report Abuse

Darth Tonee summons MonkeyStormTrooper to appear in this forum

DJoker89

4,901 posts

Posted by DJoker89 > 2021-11-28 19:52 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 19:54 | Report Abuse

RSS now cold sweat
Omicron 5 x more infectious than Delta
With more than 32 mutation don’t how scientists going to crack their head by months or years?

OnTime

2,188 posts

Posted by OnTime > 2021-11-28 20:03 | Report Abuse

Omicron - catchy but dangerous!

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-28 20:06 | Report Abuse

Let's wait next week Canada government investigation result

hantamking

2,509 posts

Posted by hantamking > 2021-11-28 20:08 |

Post removed.Why?

OnTime

2,188 posts

Posted by OnTime > 2021-11-28 20:10 | Report Abuse

canada will put thing on hold

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-28 20:29 | Report Abuse

Dun wory. Pfizer very hardworking

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 21:39 | Report Abuse

2 weeks to 1 month if no solution for omicron
Supermax US WRO will be lifted and Canada UK investigation willl be suspended

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 21:40 | Report Abuse

No sign of money monkey and dogs again
Sien aah

BoomBerg

812 posts

Posted by BoomBerg > 2021-11-28 21:41 | Report Abuse

Where is the Fkrs fake Japanese MN

beinvested

2,445 posts

Posted by beinvested > 2021-11-28 21:59 | Report Abuse

I was told before that the Balance Sheet of certain companies such as those engaged in lotteries/gambling do have few land & buildings, creditors or debtors/receivables. Expectedly, theses companies do have plenty of balances in the bank accounts.

As for 7106, whereby the B/S reported as at 30/SEPT/2021, the cash balances in its bank accounts were accounted with RM3.5Bil are enough to pay the Tax that are payable to LHDN (RM1.07BiL) at one single sum.

Even After fully settled the Tax, it can also fully settle all the remaining Current Liabilities and the Non-Current Liabilities (RM163MiL), there will still balances in its bank accounts. To be honest, we hardly can find such a company in KLSE.

Needless to say, the EPS is 135 Sen, P/E is merely 1.37 and the NTA posted at RM1.91 at the moment.

The other more important point is the Reserve/Retained Profit (RM4.8Bil), in this case, is reflected by the bank balances which is unlike to many others companies. You can find that the Reserve of many other companies are not reflected in the bank balances but from others like land/buildings, machines, losses accumulated, inventories and receivables.

The latest QR reported the EPS with 24 Sen.

Panorama1

971 posts

Posted by Panorama1 > 2021-11-28 22:04 | Report Abuse

Time Will Tell :-)

Panorama1

971 posts

Posted by Panorama1 > 2021-11-28 23:00 | Report Abuse

Be realistic. Which RSS players will still maintain an Open position even with a lower TP (say 25% maximum downside) but stand to lose significantly with potential > 100% upside ? Moreover, with the likelihood of protracted & deteriorating Covid-19 pandemic with the emergence of Omicron variant.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-11-28 23:06 | Report Abuse

Roller coaster ride next week for glove stocks as more details of new variant degree of immune to vaccines will be known next 2 weeks

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-11-28 23:27 | Report Abuse

60 our of 600 in flight tested positive. That is really crazy.

Posted by FortuneBlooming > 2021-11-29 00:15 | Report Abuse

Singapore PM says omicron variant could lead to return of some restrictions

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/11/28/singapores-pm-says-omicron-could-lead-to-return-of-some-curbs

Jason85

652 posts

Posted by Jason85 > 2021-11-29 00:38 | Report Abuse

All in planned for this counter

intpage

8 posts

Posted by intpage > 2021-11-29 00:48 | Report Abuse

An average restaurant worker in Shenzhen city currently has a monthly take home pay of RM4000 per month , How is possible China can be an underdeveloped country because of sanction by US? Does bangladesh workers get more than Rm500 per month average in their home country now?

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-11-29 08:04 | Report Abuse

The doctor who discovered Omicron says symptoms from the variant are “extremely mild” and has accused the UK of “panicking unnecessarily”.

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