SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.885

Today's Change

+0.04 (4.73%)

Day's Change

0.845 - 0.885

Trading Volume

13,104,700


100 people like this.

222,677 comment(s). Last comment by 5231428 3 hours ago

Ron90

4,113 posts

Posted by Ron90 > 2022-01-05 15:23 | Report Abuse

supermax will fly high ler.. collect byk2

5231428

611 posts

Posted by 5231428 > 2022-01-05 15:30 | Report Abuse

All the signs are there,no need rocket scientist to see.

Ron90

4,113 posts

Posted by Ron90 > 2022-01-05 15:39 | Report Abuse

company fixing the issue..some more investing in US.. once resolve in the next few weeks.. sure fly 3.00 ni counter

5231428

611 posts

Posted by 5231428 > 2022-01-05 16:35 | Report Abuse

UK no lockdown covid cases will go sky-high for sure.

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2022-01-05 19:56 | Report Abuse

Rm 6 this month

Panorama1

971 posts

Posted by Panorama1 > 2022-01-05 20:07 | Report Abuse

Simple Arithmetic on the exponential demand for glove usage (vaccinations, testings and hospitalization). Just look at the daily reported Covid-19 positive numbers globally due to Omicron and it is not even the Peak numbers yet. The trend for 2022 is already obvious.

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-05 21:17 | Report Abuse

Top 3 glove companies except Supermax already grab at least 60-70% gloves market share in US with high demands of gloves due to record breaking hospitalisations and testings....Supermax CBP ban since October and China gloves under import tariffs 7.5-25% since December

Posted by Pgraduate123 > 2022-01-05 21:58 | Report Abuse

IHU stands for ICU to those who short top4

Zrenxy

603 posts

Posted by Zrenxy > 2022-01-05 23:38 | Report Abuse

Supermax flying soon once kossan back to rm2.50

5231428

611 posts

Posted by 5231428 > 2022-01-05 23:51 | Report Abuse

All the signs are there, it's coming, don't miss the ride.

uncensored

2,694 posts

Posted by uncensored > 2022-01-05 23:54 | Report Abuse

South Africa says Omicron wave may have peaked
South Africa has lifted overnight curfew rules, with officials saying the country may have passed the peak of its fourth wave of Covid-19 infections.

A government statement said the Omicron variant, while highly transmissible, had seen lower hospitalisation rates than previous waves.

There had been a marginal increase in the number of deaths, it added.

The variant - first reported by South Africa last month - is spreading fast elsewhere leading to widespread curbs.

https://www.bbc.com/news/world-africa-59832843

uncensored

2,694 posts

Posted by uncensored > 2022-01-05 23:56 | Report Abuse

Still believing that covid pandemic will drive up rubber gloves ASP. Please faced the reality of Rubber Gloves industry

Stage 1 there will the normalised of profit where PE will be going up due to lower reported profit.
Stage 2 over supply situation in market.
Stage 3 small gloves companies will start to report losses
Stage 4 consolidation of rubber glove industry
Stage 5 recovery of shares price

You need to wait for another 2 to 3 years for shares price to recover

uncensored

2,694 posts

Posted by uncensored > 2022-01-05 23:58 | Report Abuse

Those who invested in rubber gloves companies that hanged on the hope that the demand will surge due to covid pandemic will be proven again & again wrong.

A dream that will not come through

skyu

2,497 posts

Posted by skyu > 2022-01-06 06:24 | Report Abuse

anyone received the shares dividend ?

myway

503 posts

Posted by myway > 2022-01-06 08:20 | Report Abuse

19 Jan 2022

skyu

2,497 posts

Posted by skyu > 2022-01-06 08:33 | Report Abuse

oh yeah 19th. I dont know why I thought is 6th jan. thanks

Timercheng

733 posts

Posted by Timercheng > 2022-01-06 09:12 | Report Abuse

Look like coming

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-06 09:19 | Report Abuse

COVID-19 cases in the United States are up 98 percent compared to last week, officials said, amid rising concern over the rapid spread of the Omicron variant in the country.

During a regular COVID news briefing Rochelle Walensky, Director of the Centers for Disease Control and Prevention (CDC) said that the US is currently averaging 491,700 cases per day.

Hospitalisations, currently averaging 14,800 per day, were 63 percent higher than last week. Deaths, at 1,200 per day, were at a 5 percent increase from a week ago.

“Over the last several weeks and over the holidays we have seen a significant and rapid increase in COVID-19 cases,” Walensky said.

The CDC also said that the highly infectious Omicron variant now accounts for 95 percent of coronavirus cases in the US, while only 5 percent are due to the Delta strain.

5231428

611 posts

Posted by 5231428 > 2022-01-06 09:36 | Report Abuse

Looks like with full vaccination cannot stop Omicron from infecting the world, so stay safe.

Rockers

249 posts

Posted by Rockers > 2022-01-06 09:38 | Report Abuse

Sailang loh!

Dannyfyl88

1,218 posts

Posted by Dannyfyl88 > 2022-01-06 09:54 | Report Abuse

Keep on buying on dips have yield thus far... too cheap to ignore. LT is a sure bet.

stockraider

31,556 posts

Posted by stockraider > 2022-01-06 10:10 | Report Abuse

Yes go for it mah!

Posted by Investor126 > 2022-01-06 11:05 | Report Abuse

Those keep calling buy by saying how cheap how undervalued must be a part of the manipulator. If green, buy la buy la. If red, who to blame? Last time RSS, now IDSS? Or profit takers?
Glove is still the biggest trap so far be it fundamentally good. Manipulator make use of retailers' greed.

uncensored

2,694 posts

Posted by uncensored > 2022-01-06 12:08 | Report Abuse

I would like to say Supermax still a fundamental good company to invest in. At this price level it is worth while for long term investment. This is not a call for investing in this share counter.

If you are thinking of short term investment then this is not a right choice for you. Invested thinking that its will go up because of covid then you are dreaming.
Please consult professional financial advisor for consultation before investing.

ahbah

6,236 posts

Posted by ahbah > 2022-01-06 12:11 | Report Abuse

U can put in all your moni if U like lah. It is your moni after all.

Posted by MorningGlory123 > 2022-01-06 12:49 | Report Abuse

What we know so far about IHU COVID-19 variant symptoms

Scientists and experts in France are keeping their eyes on the new IHU COVID-19 variant that has emerged in recent days.

The new variant — called the IHU variant because it was found by academics at the institute IHU Mediterranee Infection — has been linked to 12 cases near Marseilles, France, according to Business Insider.

The variant — with the scientific name B.1.640.2 — reportedly has 46 mutations in an “atypical combination,” according to researchers.


https://www.deseret.com/coronavirus/2022/1/5/22868378/ihu-variant-symptoms-new-covid-19-what-we-know

Posted by MorningGlory123 > 2022-01-06 13:03 | Report Abuse

Omicron alert: Doctor says next two weeks crucial. Here's why

Omicron wave in South Africa, UK, Denmark has seen a sudden surge followed by a quick dip, based on which experts are estimating that India's peak will arrive in the next four weeks.


https://www.hindustantimes.com/india-news/omicron-alert-doctor-says-next-two-weeks-crucial-here-s-why-101641391107848.html

Dannyfyl88

1,218 posts

Posted by Dannyfyl88 > 2022-01-06 14:16 | Report Abuse

No manipulator... Just buying for LT and I think it is no better time to average down the F up buy last year. This company has strong fundamentals and it's product will always be in need. Not another Blackberry...

masterus

3,600 posts

Posted by masterus > 2022-01-06 14:22 | Report Abuse

Rupiah Malaysia

Sunyata

166 posts

Posted by Sunyata > 2022-01-06 14:31 | Report Abuse

what is LT?

masterus

3,600 posts

Posted by masterus > 2022-01-06 14:52 | Report Abuse

SHANGHAI, Jan 6 (Reuters) - Asian shares fell on Thursday, extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation.

https://www.reuters.com/markets/europe/global-markets-wrapup-1-2022-01-06/

Dannyfyl88

1,218 posts

Posted by Dannyfyl88 > 2022-01-06 15:00 | Report Abuse

LT- long Term. ST - Short Term

Posted by MorningGlory123 > 2022-01-06 15:31 | Report Abuse

IHU: New Covid variant with 46 mutations worries experts in France

So far, 12 people have been infected with the new variant

While the world is grappling with the highly infectious Omicron, strain of Covid, scientists in France have identified a potentially worrying new variant, which has 46 mutations.


https://www.independent.co.uk/news/world/europe/ihu-new-covid-variant-meaning-france-b1987716.html

cwc1981

1,376 posts

Posted by cwc1981 > 2022-01-06 16:13 | Report Abuse

No need to shout up or down. Got cash,buy and keep, no cash dun buy. Easy

Posted by MorningGlory123 > 2022-01-06 16:36 | Report Abuse

Thailand raises Covid-19 alert level due to Omicron spread

BANGKOK: Thailand on Thursday raised its Covid-19 alert level following rising infections driven by the spread of the Omicron variant of the coronavirus, a senior health official said.

The change, from level three to four, sets a pretext for possible measures that could follow, such as closing high-risk areas and placing restrictions on domestic travel or public gatherings.


https://www.nst.com.my/world/world/2022/01/760730/thailand-raises-covid-19-alert-level-due-omicron-spread

Posted by MorningGlory123 > 2022-01-06 22:06 | Report Abuse

‘The next variant is just around the corner’: Experts warn the world’s at risk until all are vaccinated

New Covid-19 variants are likely to keep on emerging until the whole world is vaccinated against the virus, experts warn.

In low-income countries, only 8.5% of people have received at least one dose of a vaccine, according to data.

The sharing of vaccinations is not just an altruistic act but a pragmatic one, experts note.


https://www.cnbc.com/2022/01/06/new-covid-variants-are-a-danger-until-the-whole-world-is-vaccinated.html


*since global vaccination rate extremely low so new virus variants unstoppable emerging to impact most of the sensitivity business

uncensored

2,694 posts

Posted by uncensored > 2022-01-06 22:21 | Report Abuse

Not true. Basic on history, Delta cases up but rubber gloves shares either flat or going down.

mf

29,067 posts

Posted by mf > 2022-01-07 04:50 | Report Abuse

Bitcoin and other cryptocurrencies slide as global stocks fall on hawkish Fed minutes
2 HOURS AGO

Arjun Kharpal

Rockers

249 posts

Posted by Rockers > 2022-01-07 09:56 | Report Abuse

Where is the macai MM , for syndicates who always shout 65 sen ?

Ron90

4,113 posts

Posted by Ron90 > 2022-01-07 10:11 | Report Abuse

got fat dividens, beli supermax more

Ron90

4,113 posts

Posted by Ron90 > 2022-01-07 10:15 | Report Abuse

if covid still continue to spread ..means glove usage still high... means demand still there, even not that ridiculously high as before, coz ppl scaramble to get stock. Price drop coz ppl expect covid would go away in 2021, or 2022 and glove sales drop to the bottom.. but with whats happening now, company still making nice profits..cukup ler.. compare to other sectors..

newbie8080

2,766 posts

Posted by newbie8080 > 2022-01-07 11:19 | Report Abuse

@Ron90

Yes, healthcare companies will continue to purchase gloves but NOT AT SPOT PRICE and low ASP price.

That's the difference between now and 1 year ago.

AdCool

3,864 posts

Posted by AdCool > 2022-01-07 15:34 | Report Abuse

Just need ASP to reverse trend before the IBs would start to change to Buy calls. Now they too are waiting cause they too are concern. Or maybe all are waiting for JPM to change to Buy call.

Posted by NatsukoMishima > 2022-01-07 23:19 | Report Abuse

Bad news coming before drop to 64 sens !

Posted by mrinvestorteam > 2022-01-08 00:19 | Report Abuse

Price already drop so much…if you do not hold any Supermax share, no need to smear fear to the share holder… Go other counters that you hold and shout bullish.. lets the true investor determine the real value of the share….

Posted by mrinvestorteam > 2022-01-08 00:22 | Report Abuse

If drop 65sen, many people will suffer believing in share to make them some money during Covid. To those who shout, reflect yourself, what value you are creating in your life? Just ownself personal gain?

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