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
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.
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,......
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.
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.
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.
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.
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.
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
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.
Putin orders Russian troops into Ukraine after recognizing breakaway ‘republics’ Further escalation follows decision to recognize territories as independent republics.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
New_Investor92
87 posts
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