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

3,120,200


100 people like this.

222,711 comment(s). Last comment by 5231428 3 hours ago

vitac

522 posts

Posted by vitac > 2021-12-01 18:27 | Report Abuse

Face turn green got la

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-12-01 18:37 | Report Abuse

Lookslike rm3 friday closing

pjseow

2,264 posts

Posted by pjseow > 2021-12-01 18:44 | Report Abuse

Fujisnow, I.may be wrong in.my judgement. To some, they may sell supermx but keep the other 3 because supermx is banned by CBP.
There are 8 reasons why I.keep supermx.

1. Supermx has big cash.piles which enable it to pay more than 10 % DY for the next 3 years .
2. Supermx PE is still the lowest.among the 4.
3. I Believe supermx is able to solve the "forced labour " issue within a year .
4. Supermx had announced sbb of 10% of its shares and will do it immediately after it get its approval. It has the cash.to do sbb .If indeed it do sbb at 10 % and then distribute the shares back to all shareholders, it is equivalent to get another 10 % of dividend yield.
5. Supermx.exdate for 5 sen dividend will.go ex in.next few days. The 1 to 30 bonus ahares will also go ex in next few days. Pls take note that supermx did not announce any cash dividend in.Q1FY2021.
6. I.believe the per capita usage of gloves in developing countries will.grow exponentially from less than 30 to 100 making supermx less dependent on US markets.
7. Supermx OBM.Model still.enable it to have higher ASP s than others. The last. qtr.ASP.is still.as high as.US 78 despite all the hoo ha about ASP coming down. Supermx s 58 % of its business sell.direct to final customers.
8. Supermx last qtr profit of 639 millions is still 20x of prepandemic.profit.

OK. Enough of reasoning. Glove haters will complain about my long essay again.

Disclaimer. This is.strictly my opinion .not a.buy or sell call.

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 18:45 | Report Abuse

long term is ok.. super can't down to 1.5, avarege down every 15 sen...it is very undervalue company..

Fujisnow

70 posts

Posted by Fujisnow > 2021-12-01 18:48 | Report Abuse

Thank you pjseow for your insight.

Jason85

652 posts

Posted by Jason85 > 2021-12-01 18:50 | Report Abuse

So conclusion same.. Buy buy buy as much as possible

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 18:52 | Report Abuse

buy by each 15 sen drop, can't all in

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 18:52 | Report Abuse

if can drop to 1.6 again, I very happy... lailailai

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 18:55 | Report Abuse

why worry if you buy at low??

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-12-01 19:17 | Report Abuse

Just sold Rubberex and TG, All in Supermax
Head that Supermax is able to sell their products in USA using other brands...

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-12-01 19:20 | Report Abuse

Cash in Per share RM1.30. What to do with the cash

1. Expand 5 more factories to double its production.
2. Give more dividends to shareholders.
3. Share buyback
4. NTA RM 1.90

Cheap and good buy

Sepolcmd

214 posts

Posted by Sepolcmd > 2021-12-01 19:21 | Report Abuse

Today rss hentam supermx just bcs they know last day to buy to get dividen is tomorrow. Sp they close and buy tomorrow not today

Posted by BursaBearAlways > 2021-12-01 19:32 | Report Abuse

If u happy at people lose money then you just a scumbug. If you think you can get away from that than you are wrong.!
Karma come at you maybe 10-20 year later.
Will not happen so soon.
Its happen to me before and karma you cant run away from it. Trust me it will hurt u badly.

onhands

162 posts

Posted by onhands > 2021-12-01 19:33 | Report Abuse

MoneyMakers Expect break new low unless saved by another omicron pump (exit opportunity - clear everything b4 totally collapse to 65sen)

Question:
How to get 65sen PJS says cash in hand is RM1.30 per share ? who is correct ?

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 19:35 | Report Abuse

65 sen is impossible la... haha.. 80 sen adready take over by stanley

Posted by BursaBearAlways > 2021-12-01 19:35 | Report Abuse

You better talk to oldmen about karma.
You young and happy cheated money from people.
When karma strike, you will cry

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 19:36 | Report Abuse

cash rich company never die, just need patience...

cheeyong

460 posts

Posted by cheeyong > 2021-12-01 19:40 | Report Abuse

Actually everyone wait supermx to come down oni... really smart let rss short until 1.6 price before omicron news out

monetary

4,447 posts

Posted by monetary > 2021-12-01 21:28 | Report Abuse

7:43 a.m. ET, December 1, 2021
Omicron cases have been mild and in younger patients, South African doctor says
From CNN’s Naomi Thomas

Dr. Mvuyisi Mzukwa, vice chair of the South African Medical Association, on December 1. (CNN)
Doctors in South Africa have so far observed that patients with the Omicron coronavirus variant are younger and have milder cases, and those who are hospitalized are largely unvaccinated.

“We’re seeing younger patients and we’re seeing milder cases of Omicron,” Dr. Mvuyisi Mzukwa, vice chair of the South African Medical Association, told CNN’s Brianna Keilar on New Day Wednesday.
“Also, what we’ve noted is that the people that are being hospitalized are largely unvaccinated, about 90% of those are unvaccinated.”
Mzukwa said that very few people are being admitted to the hospital and the South African health care system is not under pressure.

“Obviously, we’re still gathering information as to the spread of this Omicron in the country, but it is not what it is touted to be out there,” he said, noting that the South African government has not put the country under any further restrictions.
“There is nothing much that we see beyond what we have seen with the Delta variant,” he said.
Asked about hospitalizations across the country, which have been seen as trending up over the last month, Mzukwa said that even in the province where the Omicron variant is concentrated, “we have not seen that much of hospitalization, all we see is that those patients that do get admitted are patients who are not vaccinated.”

beinvested

2,447 posts

Posted by beinvested > 2021-12-01 21:34 | Report Abuse

Human limitation - we don't have the eye sight of the eagles.
The eagles have sharper eye sight and we can not fly like a bird.
The human being physically is limited. This limitation is of course is intentional. We are not supposed to be like birds.

We have to be on the ground and function like human being. We have other capabilities which the animals do not have.

Human Beings got many thing that animals do not have them, such as the soul/living spirit (no other creation has) & freedom of will.

In short, human being got limitations. One of them is "short-sighted" and it is not about "far sighted" or "near sighted" The meaning is, he did not see what he is supposed to be able to see.

Can AVERAGE down, if possible or just keep for a while, if can avoid contra losses.

dick20

309 posts

Posted by dick20 > 2021-12-01 21:35 | Report Abuse

PJSeow, I support your 8 reasons to keep supermax. Don't worry about the long essay. Much appreciated. Supermax is a very different company now compared to pre-pandemic times. It is ready to face all the competition and all the falling ASPs. Bring it on!

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-01 21:36 | Report Abuse

Pjseow, I share the same visions like you, no matter what others talk bad things about Supermax, especially 10 % SBB and given to share holders as a reward...

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-01 21:39 | Report Abuse

Once the Glove factory are fully operational and start producing Glove in USA, then there will be no more forced labour allegations in USA itself and everyone is happy, CBP as well.

beinvested

2,447 posts

Posted by beinvested > 2021-12-01 22:01 | Report Abuse

What is the difference between a smart man and a wise man?

For example-

A smart man is a man who can get his car tyres out of the mud because he has the tools and the strength to settle the problem.

BUT a wise man is a man who has evaluated the situation before he drive his car through the mud and considered the consequences of the risk.
He already did the research and anticipated/prepared for the fluctuation of the price of the stock when investing. He is not the Prophet but there are not many nowadays.

TRUE, The production that will commence in USA will earn US Dollar.

MoneyMakers

7,664 posts

Posted by MoneyMakers > 2021-12-01 22:05 | Report Abuse

Soo many scammers in this forum..BS same thing since 8/7/6/5/4/3/2

MoneyMakers

7,664 posts

Posted by MoneyMakers > 2021-12-01 22:08 | Report Abuse

Prepandemic ASP = prepandemic profits = prepandemic share price (65sen)..simple

65sen is historically-proven fair value when ASP back to prepandemic level

Geek2020

970 posts

Posted by Geek2020 > 2021-12-01 22:56 | Report Abuse

China oversupply will put pressure on ASP for a long long time

Jason85

652 posts

Posted by Jason85 > 2021-12-02 00:36 | Report Abuse

Malaysia glove shall be quite competitive worldwide, Malaysia top factory always got its USP. Trust on supermax

gohkimhock

3,129 posts

Posted by gohkimhock > 2021-12-02 01:58 | Report Abuse

Hospitalizations are rising in South Africa now, this is bad..

izoklse

5,272 posts

Posted by izoklse > 2021-12-02 03:23 | Report Abuse

OMG 2nd Largest Economy United States now confirm nation’s first case of omicron Covid variant in California

US Going down now guys. Oil crash again.

https://www.cnbc.com/2021/12/01/us-confirms-nations-first-case-of-omicron-covid-variant-in-california.html

Posted by MorningGlory123 > 2021-12-02 06:48 | Report Abuse

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html


*unavoidable virus spiking

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-12-02 07:00 | Report Abuse

Safe haven supermax

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-02 07:07 | Report Abuse

HAHAHAHA
*************
There are 8 reasons why I.keep supermx.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-02 07:10 | Report Abuse

Away on holidays la not like you 24/7 gloves
*********
GloveOff , Where are you? Hibernating already.ah.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-02 07:13 | Report Abuse

So much work, for so long still NETT NETT LOSE MONEY
***********
i sold.all.my harta, toppglove and.kossan and keep my supermx. Nett nett still.lose money.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-02 07:14 | Report Abuse

Better come up with 80 or 800 reasons why you keep spmx ???

pjseow

2,264 posts

Posted by pjseow > 2021-12-02 07:28 | Report Abuse

Bad Omen, GO maggot just crawl out from his burial plot . Early morning Can smell the irritating and pungent maggot s vomit already.

cheeyong

460 posts

Posted by cheeyong > 2021-12-02 07:28 | Report Abuse

will up again when the news come out with full vaccinated get omicron and died..

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-12-02 07:33 | Report Abuse

Today will up already

pjseow

2,264 posts

Posted by pjseow > 2021-12-02 07:49 | Report Abuse

Aiya, I already told you I win first set in 2020 and lost second set this year mah . Will.play rubber set in 2022. Target to.win with 1,2,3,4 . Dont forget our bet ya.

------------------
GlovesOff So much work, for so long still NETT NETT LOSE MONEY

mf

29,201 posts

Posted by mf > 2021-12-02 07:53 | Report Abuse

CDC confirms first U.S. case of omicron Covid variant has been detected in California

Sepolcmd

214 posts

Posted by Sepolcmd > 2021-12-02 08:02 | Report Abuse

On Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.. https://www.cnbc.com/2021/11/30/stock-market-futures-open-to-close-news.html

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