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.

222,673 comment(s). Last comment by chunah 18 minutes ago

Posted by New_Investor92 > 2022-02-19 15:44 | Report Abuse

Perhaps, I have a say, if you had invested in Jan 2020 you might have got all the dividends as a return by now you still lose nothing. Unless you had invested during the hype.

Whether losing the whole capital or not, i doubt so because Supermax has the holding power where almost 40% of stock owned by them. Next, if they can maintain QER with 500mil then by all means this stock/Glove has become dividend stock.

It is just that all the hype is gone due to the ASP hike has gone way down and China Glove Expansion as well

IronShirt

3,178 posts

Posted by IronShirt > 2022-02-19 17:04 | Report Abuse

if super price continue to drop next week, any bad results will not crash on the Day of release....
Kossan is an example

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-02-19 22:20 | Report Abuse

Cash in hand RM 3.5 Billion
Invested in USA RM 1.5 billion
balance RM 2 Billion or 71 cents per share cash .

Debt free, 2-3 years plan to control 25% of USA glove market.

Apa lagi lu mahu??

Posted by NatsukoMishima > 2022-02-20 09:23 | Report Abuse

Net loss coming soon bro !

Posted by Ramakrishna > 2022-02-20 12:17 | Report Abuse

Be positive

Posted by anonymous91 > 2022-02-20 12:26 |

Post removed.Why?

masterus

3,600 posts

Posted by masterus > 2022-02-20 15:02 | Report Abuse

2:00 pm, February 20, 2022

By Kazusa Yoda / Yomiuri Shimbun Staff Writer
Japan will in principle take concerted action with the Group of Seven nations in imposing economic sanctions on Russia if that nation invades Ukraine, The Yomiuri Shimbun has learned.

“We reconfirmed our cooperation through a candid exchange of views [on the situation in Ukraine],” Foreign Minister Yoshimasa Hayashi told reporters online on Saturday. Hayashi was in Germany to attend the G7 foreign ministers meeting.

When Russia annexed the Crimean Peninsula in southern Ukraine in 2014, relations between Tokyo and Moscow were good, with then Prime Minister Shinzo Abe and Russian President Vladimir Putin frequently holding talks. The United States and the European Union imposed economic sanctions on Russia at the time, but Japan implemented only minor measures, including the suspension of negotiations on easing visa requirements, as it had high hopes for the resolution of the northern territories issue.

Posted by Investor126 > 2022-02-21 09:43 | Report Abuse

1.13 been triggering for a few times, new low coming again. Be prepared for the next down.

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-21 10:30 | Report Abuse

Supermax QR release coming few days this week and if profits less than RM100 millions another selling down

Posted by investmalaysia618 > 2022-02-21 11:15 | Report Abuse

look at comfort and kossan qr also can quess the range d

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-02-21 14:13 | Report Abuse

plantation stock is booming now,.....mhc share price only rm1.15,......earning per share 50cents coming,.......200mil share only,.......don`t miss this stock,.......protect yourself in this high inflation environment,......

Posted by NatsukoMishima > 2022-02-21 16:06 | Report Abuse

Left double digit net profits only !

Posted by Investor126 > 2022-02-21 17:11 | Report Abuse

Those who stuck high above really have to find their way.
I am not rubbing salt on your wound but hope you could flee from this trap. Long terms wise, not sure how long you can escape.

myinvestor

1,218 posts

Posted by myinvestor > 2022-02-21 18:59 | Report Abuse

In short, Supermax has already diversified to overseas as the management was not interested in putting all the eggs in one basket. In fact, the new mega plant in America will be Supermax’s 18th manufacturing facility worldwide. Here’s the best part – the U.S. does not have any silly racist and discrimination policy, such as Malaysia’s 30% Bumiputera equity ownership.

Armed with automation, robotic engineering, manufacturing with Artificial Intelligence (AI) and Industry Revolution 4.0., Maxter will eventually be able to provide 20% to 25% of the demand and consumption in the U.S., making Malaysia even more irrelevant. And Supermax can certainly slowly shut down its local plants and relocate to Vietnam, Cambodia or even Indonesia.

https://thecoverage.my/supermax-scraps-rm73-million-investment-plan-to-buy-a-land-in-selangor/

Maridien2

1,084 posts

Posted by Maridien2 > 2022-02-21 19:11 | Report Abuse

If Supermax is worthless than why gov want Maxter (subsidiary of Supermax) to sell 30% equity to bumi? On the contrary bumi cronies want to swallow this company because it is very very valuabe.

Posted by investmalaysia618 > 2022-02-21 21:16 | Report Abuse

aiyooo, this is malaysia style ma. free things who dont want? they take doesnt mean its gold. thye take just because its free.

Posted by NatsukoMishima > 2022-02-21 21:54 | Report Abuse

Cant imagine what will happen to the price if net loss !

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-02-21 22:03 | Report Abuse

After invested RM 1.5 billion to build the factory in US

Cash in hand now RM 2 billion or 71 cents per share. Debt free company and still printing money everyday.

Drop I will buy more

ALL IN LIAO

Posted by Investor126 > 2022-02-22 09:19 | Report Abuse

No support and another new low hit again.

Posted by Investor126 > 2022-02-22 09:32 | Report Abuse

If Supermax really worthy, this kind of sell down would not happen long ago, plus SBB would had long initiated. Be prepared for RM1 incoming. No one knows.

paktua73

18,298 posts

Posted by paktua73 > 2022-02-22 10:38 |

Post removed.Why?

hahaso

54 posts

Posted by hahaso > 2022-02-22 10:49 | Report Abuse

The situation in Ukraine affected US stocks, but also Malaysian stocks. A lot of stock prices fell, which is normal. Will bounce back soon. Now that the epidemic is serious and the hospitalization rate is very high, keep the glove stock.

Bill Gates warns of more dangerous epidemics.

https://chinese.aljazeera.net/medicine/2022/2/21/%E6%AF%94%E5%B0%94%E7%9B%96%E8%8C%A8%E5%AF%B9%E4%B8%8B%E4%B8%80%E5%9C%BA%E5%A4%A7%E6%B5%81%E8%A1%8C%E5%81%9A%E4%BD%95%E9%A2%84%E6%B5%8B

CUTLOST

5,178 posts

Posted by CUTLOST > 2022-02-22 12:09 | Report Abuse

Abis loor

CharlesT

14,927 posts

Posted by CharlesT > 2022-02-22 12:10 | Report Abuse

not bad lah still can stand above RM1.00 till now....

CharlesT

14,927 posts

Posted by CharlesT > 2022-02-22 12:11 | Report Abuse

Still 100% above pre COvid 19 price level.....miracle...

UPlanet

1,450 posts

Posted by UPlanet > 2022-02-22 14:26 | Report Abuse

UPlanet paktua73 if supermx hit back rm0.78 paktua will buy..
and hold long long one


tut tut
hehe
22/02/2022 10:38 AM
—————————————
YB Paktua, i guess your dreams may come true soon in this year, coz with our good looking but damn stupxd FM Zafru 10%PT help, to break this 0.78 definitely not a problem! And most glove counters+blue chips will announce PAT <100m in this year. So, our share market definitely won’t be good for this year. Just my 2cents opinions! Ha

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2022-02-22 14:40 | Report Abuse

QR not yet out already this low...

mh87

3,966 posts

Posted by mh87 > 2022-02-22 14:45 | Report Abuse

If you enter at 50sen then okay la.

But if you enter at RM6 or RM4 or RM2 then sure very unhappy..

Maridien2

1,084 posts

Posted by Maridien2 > 2022-02-22 14:51 | Report Abuse

I enter at 11 still very happy everyday

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-22 14:54 | Report Abuse

Buy every 10 sen drop sure happy

Posted by Investor126 > 2022-02-22 14:54 | Report Abuse

You rich, financial free so nothing to worry of.
Many who ignored the downtrend and went in earlier now stuck above. Imagine they could have done a lot of thing with that money.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 15:13 | Report Abuse

HAHAHA 1000 units is it
********
Maridien2 I enter at 11 still very happy everyday

CUTLOST

5,178 posts

Posted by CUTLOST > 2022-02-22 15:13 | Report Abuse

Superman no power to fly

masterus

3,600 posts

Posted by masterus > 2022-02-22 15:29 | Report Abuse

Putin orders Russian troops into Ukraine after recognizing breakaway ‘republics’
Further escalation follows decision to recognize territories as independent republics.

masterus

3,600 posts

Posted by masterus > 2022-02-22 15:32 | Report Abuse

Finally, on time for papa us to harvest eu. The next step, hike fed rate on March.

Posted by NatsukoMishima > 2022-02-22 15:32 | Report Abuse

If really like gloves stock also wait for it drop to 64 sens only buy , this is not the bottom yet , net loss coming soon !

masterus

3,600 posts

Posted by masterus > 2022-02-22 15:32 | Report Abuse

Usd return to us

Posted by Investor126 > 2022-02-22 15:33 | Report Abuse

Please refer back my earliest comment dated 12 Jan 2022. You could have saved a lot money if you did not rush in earlier.

Stock: [SUPERMX]: SUPERMAX CORP BHD

Jan 12, 2022 10:37 AM | Report Abuse

Why buy now if you can buy low sooner later?
Imagine for every 200k units you buy later can saved you about RM80k, it is still worth.
But of course your money, your call. I do not see this price attractive yet.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 15:50 | Report Abuse

This maridien better go read stocks for dummies 101

Citadel123

352 posts

Posted by Citadel123 > 2022-02-22 15:51 |

Post removed.Why?

Citadel123

352 posts

Posted by Citadel123 > 2022-02-22 15:52 |

Post removed.Why?

Posted by NatsukoMishima > 2022-02-22 16:37 | Report Abuse

Qr net loss

Posted by NatsukoMishima > 2022-02-22 16:41 | Report Abuse

This week can see below rm 1 already !

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-22 17:07 | Report Abuse

Every 10 sen average down sure win long term

Posted by investmalaysia618 > 2022-02-22 17:14 | Report Abuse

every 10 cents average once??? people here already no more bullet lo. they been buying since rm4. lol

Posted by investmalaysia618 > 2022-02-22 17:14 | Report Abuse

another new low unlocked. this is slowly die. rebound also slow.

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-22 17:19 | Report Abuse

Long term investors who haven't bought Supermax can start accumulate with average down every 10 sen drop starting this week

investmalaysia618 every 10 cents average once??? people here already no more bullet lo. they been buying since rm4. lol
22/02/2022 5:14 PM

Posted by StartOfTheBull > 2022-02-22 17:21 | Report Abuse

Aiyo. Most supporters have already quit, only some still dreaming here.

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-02-22 17:33 | Report Abuse

long term become Lock term.

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