SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.865

Today's Change

-0.02 (2.26%)

Day's Change

0.855 - 0.89

Trading Volume

6,076,400


100 people like this.

222,677 comment(s). Last comment by 5231428 14 hours ago

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-12-10 16:55 | Report Abuse

I am waiting for comfort results also as a guidance.

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-10 16:57 | Report Abuse

When u lose too much u tend to fool yrself....boh tai chi boh tai chi eveything will be find soon...

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-10 17:00 | Report Abuse

One of the most classical example is KYY n his Xinquan story.

I think he still believe Xinquan has cash ard RM1.50 per share in their bank acs in China even Xinquan was being suspended n delisted few years ago.

I think he believes one day his grandson can finally get a share of their cash....

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2021-12-10 17:05 | Report Abuse

Can only go up.from here

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-10 17:06 | Report Abuse

Remember pjseow & his friends fairtalk/observatory/ben all like to compliment each other BS essay..want vommit when read

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-10 17:07 | Report Abuse

Ding3 1.41 new low closing

Will get worse nxt week @ treasury share xdate 1:30..Dec massacre is here!!

pjseow

2,264 posts

Posted by pjseow > 2021-12-10 17:13 | Report Abuse

I have sold all my.Topglove Harta and Kossan on Dec 1 2021.
-------------------------
Stock: [SUPERMX]: SUPERMAX CORP BHD

Dec 1, 2021 5:05 PM | Report Abuse

IM168, i sold.all.my harta, toppglove and.kossan and keep my supermx. Nett nett still.lose money.

-----------
investmalaysia618 @pjseow, are you still doing well?
01/12/2021 4:42 PM

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-10 17:17 | Report Abuse

at least the retired ac clerk ah pek Seow Pek is still alive....lol

AdCool

3,864 posts

Posted by AdCool > 2021-12-10 17:17 | Report Abuse

still talking about ASP? ASP already back to USD25 loh. Nothing much to drop for ASP. The white man all complained forced labor and human rights yet wanna pay penny for the gloves? It s time to pay premium since need to spend more on ESG and better environment for the staffs, giving them air-conditioning hostel, hotel grade pillows and mattress plus give them jacuzzi as well. Throw in free awesome meals everyday with wagyu beef or Norwegian Salmon or roast lamb daily serve with high grade Bismati rice. 1 day only max can work 10 hours and max 50 hours in a week. Still want to pay low ASP? Ask the gwai lohs go and fly kites lah.

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-10 17:25 | Report Abuse

Hopefully Seow Pek can work out his projection on Supermax's next Q result

At least all can have some good laugh

monetary

4,447 posts

Posted by monetary > 2021-12-10 17:30 | Report Abuse

it's proven. kaki5 analyst is no match to professional fund manager.

Posted by NatsukoMishima > 2021-12-10 17:34 | Report Abuse

Before pandemic china dragon glove still sleeping but now dragon already waked up ! Buy now u will lose atleast 50 - 70 % more ! Unless buy at 0.4x - 0.70 make safe !

Posted by Benhobenhobenho > 2021-12-10 17:42 | Report Abuse

@adcool, year, ask the kwai loh go to fly kites

Posted by Start_0f_the_bull > 2021-12-10 17:49 | Report Abuse

AdCool,
And year end annual dinner at famous hotel with lucky draws.
CNY feast on the park beside swimming pool, big ang pow for every workers.

monetary

4,447 posts

Posted by monetary > 2021-12-10 17:51 | Report Abuse

so pjsiew admitted his mistake? 1st tie in his statement stop defending glove.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2021-12-10 17:55 | Report Abuse

My personal guess, Supermax has been the little brother among the big 4, soon it will below RM1.

Leave my mark here & I will come back in 1 month time.

monetary

4,447 posts

Posted by monetary > 2021-12-10 17:57 | Report Abuse

com lan firm below 1 lar. Harta Kossan all backed to prepandemic price. TG latest eps worst than prepandemic. What makes u think SP can escape?

Biliskecil

760 posts

Posted by Biliskecil > 2021-12-10 17:59 | Report Abuse

I think I will cut my 1.5 and renter rm 1,, I’m sure will spike again

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-10 18:09 | Report Abuse

HAHAHA pjseow's 600m , nuffsaid
**********
MM , Want to bet with me on TG coming PAT ? I projected around 600 mil . What is your projection? Below 300 million?

5c0160

1,763 posts

Posted by 5c0160 > 2021-12-10 18:34 | Report Abuse

monday 1.20

gemfinder

6,880 posts

Posted by gemfinder > 2021-12-10 19:28 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2021-12-10 19:29 |

Post removed.Why?

Bullrunrun

971 posts

Posted by Bullrunrun > 2021-12-10 19:33 | Report Abuse

cash in hand RM 1.30 per share
Now Rm 1.40 NTA RM 1.91
Soon will be share buybacks or more give dividends

New factories ready in uSA next year.

TP: RM 2.80

gordonn

24 posts

Posted by gordonn > 2021-12-10 19:36 | Report Abuse

If u manage to average down the holding price in between 75 Sen to RM 1.2 . Then not so worry. Supermax still profitable n fundamental strong company.

Posted by dianatrader > 2021-12-10 20:24 | Report Abuse

He already enjoy with the flop. Hihi

Posted by gemfinder > Dec 10, 2021 7:29 PM | Report Abuse

Where is bangla english wil75? Kakakaakaka

Posted by Benhobenhobenho > 2021-12-10 20:31 | Report Abuse

Actually the covid situation out there is very serious but govt throughout the world tried to downplay it just to allay the fears of the people n prevent panic so they can continue to hold on to power n continue to amass wealth from the pandemic.

Posted by Benhobenhobenho > 2021-12-10 20:38 | Report Abuse

The west is very biased on china. They simply don't want to see a prosperous china n prevent china from getting stronger economically. So do u think they will buy Chinese products including gloves n other ppe products. Maybe a little here n there but the major suppliers are still Malaysian gloves manufacturers

see2sea

2,194 posts

Posted by see2sea > 2021-12-10 20:49 | Report Abuse

Wow..dint know my prediction so accurate...below rm1 coming..looks like faster than expected. Collect next year below rm1 for next pandemic..maybe below 50sens will come next month

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-10 21:19 |

Post removed.Why?

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-10 21:23 | Report Abuse

Ben for you it's not too cheap to ignore

Its too low to CL kakakakaka

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-10 21:41 | Report Abuse

siao2 come project spmx next Q before you're muted at 1.32

show us your kindergarten math

klee

3,524 posts

Posted by klee > 2021-12-10 21:47 | Report Abuse

Frm billions of ringgit to omicron to covid forever to rss to.........supermx still plummet.....any more arguments....latest is west dont buy china gloves......wakakaka laugh die me

Posted by GroundZeroIV > 2021-12-10 22:43 | Report Abuse

Supermx cycle:


New Low
Dead cat bounce
Celebrate
Repeat


-this comment never gets old

pjseow

2,264 posts

Posted by pjseow > 2021-12-10 22:44 | Report Abuse

Gloworm, my last two projections on supermx were very close to actual . 1 billion vs 959 millions and 562 millions vs 639 millions. It looks like you have no chance to see my next projection.on.supermx .This could be my last message in this forum if next week hit 1.32.
--------------------
GlovesOff siao2 come project spmx next Q before you're muted at 1.32

show us your kindergarten math
10/12/2021 9:41 PM

Gerrardo

630 posts

Posted by Gerrardo > 2021-12-10 22:56 | Report Abuse

Glove excellent moment already pass

Posted by klee > Dec 10, 2021 9:47 PM | Report Abuse

Frm billions of ringgit to omicron to covid forever to rss to.........supermx still plummet.....any more arguments....latest is west dont buy china gloves......wakakaka laugh die me

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-10 23:18 | Report Abuse

yummy kan humble pie
**************
It looks like you have no chance to see my next projection.on.supermx .This could be my last message in this forum if next week hit 1.32.

kuan1209

85 posts

Posted by kuan1209 > 2021-12-10 23:28 | Report Abuse

Not sure how low it can go, but if you wanna buy a Glove counter, the QR of Kossan and Harta will outperform the rest, especially Kossan:

1) gaining the market shares of Top Glove and Supermax in the US.
2) Diversified products including Technical Rubber & Clean Room for microelectronics, semiconductors, or biotechnology etc (trend)
3) Own PPE brand in China direct to consumers (since 2020)
4) very soon next month QR will be released, the directors have been acquiring the shares this month, seems like the sales of OCT, NOV, DEC must be excellent.
5) Net Short Position has been drastically decreased to around 1%.
6) Price already back to the year 2018.
7) Price already back to the year 2018 BUT WITH 2B+ CASH NOW!

monetary

4,447 posts

Posted by monetary > 2021-12-11 05:59 | Report Abuse

BeanHoBeanHo. Until now still don't understand glove has decoupled from vivid cases. The glove supply is in surplus regardless how serious is covid. Even under emco where most factories ran in 60% capacity there is no shortage. Buyers still pressed down ASP. U are either fail to access the market situation or refuse to admit your mistake or in the state of denail bcos can't accept your paper loss.

Posted by NatsukoMishima > 2021-12-11 09:18 | Report Abuse

@
monetary BeanHoBeanHo. Until now still don't understand glove has decoupled from vivid cases. The glove supply is in surplus regardless how serious is covid. Even under emco where most factories ran in 60% capacity there is no shortage. Buyers still pressed down ASP. U are either fail to access the market situation or refuse to admit your mistake or in the state of denail bcos can't accept your paper loss.

___________

Look at mask we know already from peak rm 70 - 80 per 50 pcs to below rm 5 now after China throwing price down but the quality still standard , later gloves ASP will become USD 10 per 1000pcs if China continue throwing price to rob the market ! Malaysia gloves company sure will see net loss soon !

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-11 09:20 | Report Abuse

China vs Msia....can we beat them?

If badminton Lee CW still manage to beat Lin Dan several times though most of the time lost to him...

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-11 09:24 | Report Abuse

Anyway for those who suffers heftly paper loss now it could be too late too painful to cut loss...

No worry u still can be a long term value investors n if u cant live that long leave it to yr son or grandson or great grandson to see the next pandemic n glove party.

U could learn this fm Kyy's Xinquan story.

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-11 09:25 | Report Abuse

Meanwhile u still can happily post the daily cases of Covid 19 here everyday

Posted by NatsukoMishima > 2021-12-11 09:56 | Report Abuse

Nothing related to cases anymore because China glove already showed u how they throwing price until suffer net loss in order to rob market ! Just like china phone beat samsung n apple within a few years only !

CharlesT

14,927 posts

Posted by CharlesT > 2021-12-11 10:00 | Report Abuse

Stop blaming JPM Inv Bankers EPF RSS yr neighbour's dog etc

Blame China....only China....or mayb Winnie The Pooh also..

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-12-11 10:05 | Report Abuse

For the quarter ended November,the utilisation rate is 55%.Despite the low utilisation rate,the TG still managed to book EPS of 2 cents. All overstock carry forward from 2020 order has fully cleared at end of 2021.
TG should report increase profit in the coming quarter. If my prediction is true,then there will be SBB beginning of January 2022.
If no SBB in January 2022,then probably TG profit is still flat.
One thing need to take note that supermax short position in declining trend. This is the indication the funds are covering the short position despite all the bad news on glove industry such as oversupply ,reducing ASP and others. If the glove industry is such gloomy,why are they buying back to cover the short position instead of increasing the short position as the price will drop to 65 cents .

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

When talking about cheap price white guys clever than all races that s y they have msny tools to abuse other countries economics n business while hard press the price for their own benefits ! 100% they will get cheaper china gloves lah !

When u hear president XI say that China is willing to total share all PPE with other countries at zero profit in order to improve relationships with all then malaysia glove factory will close down one by one !

Condom004

398 posts

Posted by Condom004 > 2021-12-11 10:24 | Report Abuse

Stanby bullet...1.2first buy...Rm 0.8 second round...then can sleep enjoy dividen

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