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

6,050,700


100 people like this.

222,677 comment(s). Last comment by 5231428 12 hours ago

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 09:02 | Report Abuse

Booster jabs are the same as 1st and 2nd dose. Its a repeat jab.

Posted by Investor126 > 2021-12-14 09:22 | Report Abuse

Slight green in the morning, goes red by closing.

GlovesOff

2,499 posts

Posted by GlovesOff > 2021-12-14 09:31 | Report Abuse

Taipan haven't cutloss ka aiyoyo

myinvestor

1,218 posts

Posted by myinvestor > 2021-12-14 09:32 | Report Abuse

1 ringgit plus n 1/2 billion profit where can u find the similar company with this profit.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 09:34 | Report Abuse

profits are just one off, like one year HUGE PROFIT because malaysia was the main gloves manufacturer. now comes in competitors in the market which made the ASP dropped, their profit should stabilized not in billions but maybe 300-600m profit per quarter, if no corona outbreak disrupting their operating hours

mf

29,072 posts

Posted by mf > 2021-12-14 09:36 | Report Abuse

sell

DJoker89

4,901 posts

Posted by DJoker89 > 2021-12-14 09:40 | Report Abuse

Nothing to wake up la...hahaha
We investor never same with day trader.

U better well spend your time look at your chart rather thn spread fear talk imaginative and twist like twister.

LOL.

DJoker89

4,901 posts

Posted by DJoker89 > 2021-12-14 09:40 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-12-14 09:43 | Report Abuse

Ehhh it's GREEN


Where is my 65 cents

Posted by Benhobenhobenho > 2021-12-14 10:04 | Report Abuse

No matter what, the world is in bad shape now. Covid surges everywhere n with the new variant more infectious than Delta, how one expect situation to be back to normal.

Sam Singh

246 posts

Posted by Sam Singh > 2021-12-14 10:14 | Report Abuse

Hello again friends!
Like you Supermax fanboys, I believed Uncle Koon Con
He said Supermax will go to RM14. So we all bought from 9...8...6...5...

Now it is 1.33. Heavy losses for being fanboys.

Have to sell my backside. Anybody want to buy?

kbtsyl68

145 posts

Posted by kbtsyl68 > 2021-12-14 10:15 | Report Abuse

Today MM and anti glove punters are on leave. So glove counters will be green today. Unless they cancel their leave and start operations again.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 10:28 | Report Abuse

kena tipu lagi

Posted by Benhobenhobenho > 2021-12-14 10:30 | Report Abuse

Better to believe in oneself than the uncle koon con

citadel888

532 posts

Posted by citadel888 > 2021-12-14 10:32 |

Post removed.Why?

DJoker89

4,901 posts

Posted by DJoker89 > 2021-12-14 10:39 | Report Abuse

Naysayer aka imaginative thrash trader is busy la today study chart look for a clue why BTC is down and not so well looking with DJ

Busy day to them...as glove was not appealing anymore no more blood and meat to suck

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-14 10:42 | Report Abuse

S.Africa alrdy 2 weeks omicron dominate

Their covid hosp very2 low & death rate lowest since pandemic start

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-14 10:42 | Report Abuse

Let it stuck here few days..then friday can have another huge collapse @ div xdate

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 10:45 | Report Abuse

you see most commenters in this forums are traders not investors.
long run yes i can see a price REBOUND, the problem no one knows when.
cant keep going down will eventually reach a price where the boss say, I WILL DO THIS MYSELF, BUYS all their shares back reduce the free float and BAM you see 1 big rally retailers, investors, traders, bankers everyone going ALL IN

Posted by Investor126 > 2021-12-14 10:53 | Report Abuse

The truth is the boss is reluctant to buy back the share, instead letting go their tickets.

myinvestor

1,218 posts

Posted by myinvestor > 2021-12-14 10:53 | Report Abuse

US active cases crossed 10m first time in 2 years.
10,033,287

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 10:54 | Report Abuse

for now, will reach a point where boss TAK BOLEH TAHAN, i work my company so hard you guys go trash talk my company, making my share price drop. he will eventually do something

DJoker89

4,901 posts

Posted by DJoker89 > 2021-12-14 10:56 | Report Abuse

Daily Covid cases in Omicron ground zero South Africa surge 119% in a week and hospital admissions jump 141% but country records just 11 deaths

https://www.google.com/amp/s/www.dailymail.co.uk/news/article-10305479/amp/Daily-Covid-cases-Omicron-ground-zero-South-Africa-surge-119-week-admissions-jump-141.html

Fxxtard MM, twist again

Onggal

763 posts

Posted by Onggal > 2021-12-14 11:03 | Report Abuse

Guys stay away this counter temporarily
Focus on our other contra accounts instead
Chance is there everywhere
Why still hang at that tree solely?

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

Today green

Biliskecil

760 posts

Posted by Biliskecil > 2021-12-14 11:16 | Report Abuse

Trapped again

cwc1981

1,376 posts

Posted by cwc1981 > 2021-12-14 11:30 | Report Abuse

Agreed with you Onggal

LossAversion

1,727 posts

Posted by LossAversion > 2021-12-14 11:39 | Report Abuse

@Magella, if it gets to RM0.40, then most others stocks/companies are Psychos, i.e. NON-fundamentally-good stocks!!!

myinvestor

1,218 posts

Posted by myinvestor > 2021-12-14 11:46 | Report Abuse

Big 4 except TG their gloves sales to US are doing extremely well fyi.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-14 11:50 |

Post removed.Why?

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-14 11:51 | Report Abuse

No use speculate too far ahead

Lets see if can get 1.2 coming friday xdate bloodbath

Posted by investmalaysia618 > 2021-12-14 12:00 | Report Abuse

i wonder how much loss pjseow having now

myinvestor

1,218 posts

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

Supermx net short position is 0.56% 15m shares left (1m/day,15 days left) , the lowest short position of the big4. I believe the net short position will clear to 0% by end of year Dec 2021.

jacklimeu2

931 posts

Posted by jacklimeu2 > 2021-12-14 12:18 | Report Abuse

Ok, I am almost completely out, except a few bonus odd shares which I am keeping, since they are free and I have been with supermax since the early 2000s after latexx was taken private. Will re-enter once it drops below RM1 (pre bonus RM2).

Posted by Investor126 > 2021-12-14 12:37 | Report Abuse

Why force yourself to be happy though unhappy?
No doubt investment may win or loss sometimes. But what excitement can one expect from a downtrend counter? Not until everything has settled down, Supermax is still in gloomy.
Ask yourself these main questions.
Has the US CBP's WRO resolved?
Is ASPs going up?
What challenge is this company facing?
Many more..

Taipan

1,139 posts

Posted by Taipan > 2021-12-14 13:48 | Report Abuse

Most of these analyst work for IBs. They have underlying interest.

Market is always forward looking. Therefore look forward 6 months with Omicron being the dominant variant which can evade vaccines, highly transmittable, causing hospitalisation and even now death.

More and more vaccination doses every year as vaccines are waning. CEO of Pfizer and Biontech have already said that Covid 19 jabs likely to be required every year.

Now in the USA, UK, Europe, Australia, etc - gloves are being used for vaccination due to Omicron transmissibility. Also more tests in airports, work places, schools, etc. Hospitalization increase etc. Glove demand will improve drastically and ASP will begin to rise.

All analyst will make a U turn very soon.

Posted by StartOfTheBull > 2021-12-14 14:52 | Report Abuse

Just wonder will TG RM2.00 will be broken soon.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2021-12-14 14:59 | Report Abuse

Ring2 call ambulance 1.2x unlocked..officially halfway to fair value 65sen (orig price)

jasonor

1,004 posts

Posted by jasonor > 2021-12-14 15:07 | Report Abuse

gt ppl kena trapped ke?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 15:15 | Report Abuse

oh no oh no hope leads to frustration leads to ANGER !!!!!!!!!!!!

Posted by StartOfTheBull > 2021-12-14 15:16 | Report Abuse

It is SM leading the fall this time.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 15:17 | Report Abuse

TG break rm2, you see all other gloves follow suit bloodbath

monetary

4,447 posts

Posted by monetary > 2021-12-14 15:18 | Report Abuse

what happened to the cash? investor wa! u got the brain to b investor onot? little bird's brain. yes Djoker. I m referring to u. wajaka

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-12-14 15:20 | Report Abuse

Seriously, need to throw until like that?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 15:22 | Report Abuse

calm down chill, need a calm mind in bursa though deep down we cursing those RSS and sharks

Jason85

652 posts

Posted by Jason85 > 2021-12-14 15:24 | Report Abuse

Buy again.. Trust on Supermax

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-12-14 15:31 | Report Abuse

my advice buy with cash and hold long term. NEVER MARGIN OR CONTRA account for gloves sector unless you 100% BALLSDEEP

ken2004

1,680 posts

Posted by ken2004 > 2021-12-14 15:37 | Report Abuse

If I am the boss, I let free fall lol as long as I keep improving to earn profit more than pre-pandemic level as logically should be expecting 10% growth to sales but supermax got ban from US....

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