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 24 minutes ago

Posted by StartOfTheBull > 2022-01-21 16:49 | Report Abuse

Mercator Medical SA has just tested new low.

Investoz88

545 posts

Posted by Investoz88 > 2022-01-21 21:10 | Report Abuse

Extreme pessimism on this counter now.. whats next??

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-21 21:19 | Report Abuse

Supermax is the weakest glove companies among top 4 glove due to US CBP ban and Canada import ban.... Mercator overvalue as current price 70+ compares to pre pandemic price around 10 only which is 600% gain

ampabella

1,378 posts

Posted by ampabella > 2022-01-21 21:48 | Report Abuse

80cts, saya mau beli 5 biji simpan baik2

Posted by StartOfTheBull > 2022-01-21 22:17 | Report Abuse

Boris Johnson urges teachers to ditch masks in England and return to face-to-face education.
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Out of a sudden, now demand for masks may also decline.

Posted by Habisgl0v3333 > 2022-01-22 09:08 | Report Abuse

Gloves bull all hilang

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-01-22 09:59 | Report Abuse

Bull (and balls)

kyliew

1,397 posts

Posted by kyliew > 2022-01-22 14:16 |

Post removed.Why?

Investoz88

545 posts

Posted by Investoz88 > 2022-01-22 14:36 | Report Abuse

Dow dropped again.. major correction coming?
Time to switch back to healthcare at such low valuation?
Look at 2020 history..

myinvestor

1,218 posts

Posted by myinvestor > 2022-01-22 16:52 | Report Abuse

The remaining balance of these 2 contracts at FOB value is US$ 12.67 million or under 0.8% of the Group’s revenue.

This mean 94% of 222m (200m) of Canadian of government contract had already delivered.

Geek2020

970 posts

Posted by Geek2020 > 2022-01-22 19:53 | Report Abuse

The old promoters are all gone. They ask to hold from 11 to about RM2 and they are all gone.. Supermax fair value is definitely below RM1.. new variants also cant help this counter

Mini2021

1,466 posts

Posted by Mini2021 > 2022-01-22 19:54 | Report Abuse

How many interest will get for supermx for rm 1000 million cash in bank per month? anyone can help me calculate?

Investoz88

545 posts

Posted by Investoz88 > 2022-01-22 21:30 | Report Abuse

Cash is king. Supermax make so much and still making profits rvery qtr. Ppl cannot see it?

ERIC

157 posts

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

@Investoz88, just silence on the cash on hand... It is good if 64c can happen...

ampabella

1,378 posts

Posted by ampabella > 2022-01-22 22:30 | Report Abuse

saya mau beli 88cts

freddiehero

16,722 posts

Posted by freddiehero > 2022-01-22 22:55 | Report Abuse

steady Wan huat huat kaw..

freddiehero

16,722 posts

Posted by freddiehero > 2022-01-22 22:55 | Report Abuse

sikit lagi.. negative senang saja..

Maridien2

1,084 posts

Posted by Maridien2 > 2022-01-22 23:12 | Report Abuse

What We Know About the Omicron BA.2 Subtype As U.K. Labels It Under Investigation

Omicron sub-variant known as BA.2 is circulating in a number of countries, and virologists are still working to find out more about it.

On Thursday, Denmark's Statens Serum Institut (SSI), an infectious disease research institution, reported that the BA.2 sub-variant was "gaining ground" and was accounting for nearly half of all COVID cases in the country—a large increase from late 2021.

Norway, too, has reported that the BA.2 sub-variant is "increasing rapidly" in the country. It was detected in just seven cases on January 4 but had risen to a total of 611 by January 19, mainly in Oslo.

The Norwegian Institute of Public Health said in a report that "this edition of Omicron is growing strongly compared to the original Omicron, BA.1."

"The properties of the virus are not known other than that it is more contagious than BA.1 and increases correspondingly in Denmark and Sweden and may appear to take over BA.1 already," it added, translated from Norwegian.

Legend

4,119 posts

Posted by Legend > 2022-01-23 09:24 | Report Abuse

Pfizer Inc chief executive Albert Bourla said on Saturday that an annual Covid-19 vaccine would be preferable to more frequent booster shots in fighting the coronavirus pandemic.

Pfizer-BioNtech’s Covid-19 vaccine has shown to be effective against severe disease and death caused by the heavily-mutated Omicron variant but less effective in preventing transmission.

With cases soaring, some countries have expanded Covid-19 vaccine booster programmes or shortened the gap between shots as governments scramble to shore up protection.

In an interview with Israel’s N12 News, Bourla was asked whether he sees booster shots being administered every four to five months on a regular basis.

“This will not be a good scenario. What I’m hoping (is) that we will have a vaccine that you will have to do once a year,” Bourla said.

“Once a year – it is easier to convince people to do it. It is easier for people to remember.

“So from a public health perspective, it is an ideal situation. We are looking to see if we can create a vaccine that covers Omicron and doesn’t forget the other variants and that could be a solution,” Bourla said.

Bourla has said Pfizer could be ready to file for approval for a redesigned vaccine to fight Omicron, and mass produce it, as soon as March.

Citing three studies, the US Centers for Disease Control and Prevention said on Friday that a third dose of an mRNA vaccine is key to fighting Omicron, providing 90% protection against hospitalisation.

A preliminary study published by Israel’s Sheba Medical Center on Monday found that a fourth shot increases antibodies to even higher levels than the third but was likely not enough to fend off Omicron. Nonetheless, a second booster was still advised for risk groups, Sheba said.

Posted by Habisgl0v3333 > 2022-01-23 17:27 | Report Abuse

Cash is not king, cash is useless. When only people realize this

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2022-01-23 19:41 | Report Abuse

Red alert - mercator drop 25% past 2 days

Glove fundamental/sentiment getting worse as omicron getting better

Mini2021

1,466 posts

Posted by Mini2021 > 2022-01-23 20:44 | Report Abuse

Death cases increase from 6-7k per day to 7-9 k per day now....you still saying getting better....misleading information kill people ...

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2022-01-23 21:16 | Report Abuse

Whatever current case/death number irrelevant

Market is forward-looking @ expecting better omicron situation coming weeks judging by UK situation (doing very well @ all omicron restrictions lifted starting tomorrow)

Posted by StartOfTheBull > 2022-01-23 21:26 | Report Abuse

The long missing MM finally appears again. Looks like argument is about to explode once again between gloves supporters end anti gloves people. Where is Tonnefa and Pjseow? Hahaha

Mini2021

1,466 posts

Posted by Mini2021 > 2022-01-23 21:46 | Report Abuse

why anti-glove? you got see any investor anti-apple or anti-maybankor anti-maxis?? hahahaha the people anti gloves only one reason...they loose a lot in gloves counter and most of them are newbie....deserve it...

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2022-01-23 22:08 | Report Abuse

Aiyaa no need argue with anyone..just share info/opinion

Let time prove this fundamental equation @ prepandemic ASP = prepandemic profit = prepandemic share price (65sen)

P/s: Pjseow alrdy banned from here @ lost bet say wont drop below 1.3

Posted by StartOfTheBull > 2022-01-24 06:37 | Report Abuse

For months, when GenM and Genting under attack gloves become the victim. 'kesian glovers', what a familiar phrase, interesting.

onhands

162 posts

Posted by onhands > 2022-01-24 07:25 | Report Abuse

MoneyMakers Aiyaa no need argue with anyone..just share info/opinion
Let time prove this fundamental equation @ prepandemic ASP = prepandemic profit = prepandemic share price (65sen)
..........
Better run avoid hell !!
MM is YenLohWang appears only during down trend!!

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-01-24 08:06 | Report Abuse

PJseow is newbie??? Hahaha
*******
they loose a lot in gloves counter and most of them are newbie....deserve it.

Posted by StartOfTheBull > 2022-01-24 08:14 | Report Abuse

All signs are pointing that the pandemic is progressing to become endemic; and gloves are moving to normalisation path.
Gloves stocks price could be low at current price but there are more room to decline further.

Posted by StartOfTheBull > 2022-01-24 08:18 | Report Abuse

Onhands
Better run avoid hell !!
MM is YenLohWang appears only during down trend!!
24/01/2022 7:25 AM

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No worries if one can buy with hell money. Hahaha

Posted by Investor126 > 2022-01-24 09:13 | Report Abuse

New low shall be the norm of this counter till it reached where it belongs.

oasischeah

1,461 posts

Posted by oasischeah > 2022-01-24 09:24 | Report Abuse

CNY holidays are coming. Long term investors will wait for cheapest possible to enter.

Citadel123

352 posts

Posted by Citadel123 > 2022-01-24 09:40 |

Post removed.Why?

Posted by StartOfTheBull > 2022-01-24 09:50 | Report Abuse

shareinvestor888 Kesian SOTB…. loner sini. Notice nobody nak chat with this poor old fella. Neither naysayer nor contributor…. Wkakakaka
24/01/2022 9:41 AM
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Whenever GenM and Genting either up or down, gloves supporters are the one to be blamed or being harassed away.
What else this j_ _k is good at? LOL

Citadel123

352 posts

Posted by Citadel123 > 2022-01-24 10:07 | Report Abuse

2022 already glovers still stucked inside gloves???

Citadel123

352 posts

Posted by Citadel123 > 2022-01-24 10:07 |

Post removed.Why?

Posted by StartOfTheBull > 2022-01-24 10:15 | Report Abuse

Not sure those at high floors still stuck with gloves, but some people still think it was low enough last week to enter.

Posted by uemcapital > 2022-01-24 10:22 | Report Abuse

2022 more advice to go tech company. Like MI Atech and inari VS.

Posted by uemcapital > 2022-01-24 10:22 | Report Abuse

Glove I think only harta and kossan more convincing

Citadel123

352 posts

Posted by Citadel123 > 2022-01-24 10:36 | Report Abuse

low enuf but operator won't goreng la

monetary

4,447 posts

Posted by monetary > 2022-01-24 11:27 | Report Abuse

merger, acquisition all only happen when market cap is dirt cheap. meaning more downside.

Maridien2

1,084 posts

Posted by Maridien2 > 2022-01-24 13:16 | Report Abuse

The Omicron subvariant BA.2, nicknamed the “stealth Omicron,” appears to be outpacing other substrains of Omicron in some regions of the world, raising fears that the even more transmissible version of Omicron could spark larger COVID-19 waves globally.

The World Health Organization (WHO) says that Omicron, which is also referred to as B.1.1.529, has three main substrains: BA.1, BA.2, and BA.3. As of Dec. 23, the WHO reported that over 99% of the cases it sequenced were BA.1. But now the rise of BA.2 in Denmark and elsewhere suggests that BA.2 may outcompete BA.1.

Denmark’s government also said the strain is spreading quickly in countries like the U.K., Norway, and Sweden. Meanwhile, scientists in places like France and India warn that the BA.2 variant is quickly spreading and may outpace other Omicron strains.

MoneyMakers

7,647 posts

Posted by MoneyMakers > 2022-01-24 13:50 | Report Abuse

Will get worse in Feb @ omicron improving + terrible QR (70%-90% profit drop)

Past few weeks was exit opportunity

Posted by NatsukoMishima > 2022-01-24 14:31 | Report Abuse

A famous glove factory security beat n abused foreign workers recently , news already spread to Andy Hall , look like another glove factory from Malaysia will be banned by USA CBP soon !

Ryan83

1,835 posts

Posted by Ryan83 > 2022-01-24 14:56 | Report Abuse

PETALING JAYA: Workers at a glove factory in Sepang went on strike today after two of their colleagues were allegedly beaten by security personnel engaged by their employer.

masterus

3,600 posts

Posted by masterus > 2022-01-24 15:06 | Report Abuse

ForexLive Asia FX news wrap: Another China (PBOC) rate cut
Forex news for Asia trading on Monday 24 January 2022

masterus

3,600 posts

Posted by masterus > 2022-01-24 15:07 | Report Abuse

The People’s Bank of China cut its rate on the 14-day reverse repo by 10 bps today, from 2.35% to 2.25% Last week the 7-day RR rate was cut by 10bps (and other rates also) so the cut today to the 14-dayer was not a surprise (it was the first 14-day RR since the cut to the 7-day). Further, the PBOC set the mid-rate for the onshore yuan to its strongest since the middle of May in 2018.

masterus

3,600 posts

Posted by masterus > 2022-01-24 15:10 | Report Abuse

Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says
PUBLISHED SUN, JAN 23 2022 1:10 PM EST
Jeff Cox
@JEFFCOXCNBCCOM
@JEFF.COX.7528
WATCH LIVE
KEY POINTS
Goldman Sachs expects the Federal Reserve to enact four interest rate hikes this year but thinks more are possible due to the surge in inflation.
"We see a risk that the [Federal Open Market Committee] will want to take some tightening action at every meeting until the inflation picture changes," Goldman economist David Mericle told clients.
The Fed also is likely to start cutting its balance sheet by $100 billion a month starting in July, the firm said.

Posted by StartOfTheBull > 2022-01-24 15:27 | Report Abuse

Omicron could mean an end to the pandemic in Europe, WHO Europe director says.
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Very likely price will be much cheaper than other gloves stocks along with US and Canada ban.

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