SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.88

Today's Change

+0.035 (4.14%)

Day's Change

0.845 - 0.885

Trading Volume

11,363,800


100 people like this.

222,672 comment(s). Last comment by Dannyfyl88 1 day ago

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2022-03-15 20:31 | Report Abuse

People dying like crazy in china! They collapsed https://medriva.com/china-at-a-covid-tipping-point/

Posted by cbmytrading > 2022-03-15 22:00 | Report Abuse

It's time for me to buy...just following SBB,PE1 super undervalued!

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-15 22:34 | Report Abuse

Just buy la, scare what. I am still holding at 11.

Posted by Habisgl0v3333 > 2022-03-16 08:56 | Report Abuse

Sbb doesn't mean anything. Waste money because they don't wanna expend and no other good use of capital.

Posted by investmalaysia618 > 2022-03-16 09:53 | Report Abuse

exactly, meaning they dont see any investment opportunities at the moment. so they buy back the shares and reward top management with share. nothing to do with shareholders.

C_Trust

16 posts

Posted by C_Trust > 2022-03-16 09:54 |

Post removed.Why?

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-16 10:44 | Report Abuse

SBB 10%, 1% so far still got 9% to go. Please sell those cheap tickets so all shareholders can enjoy as share dividend later.

Posted by cbmytrading > 2022-03-16 13:08 | Report Abuse

feel so sad and painful to Maridien2, are u joking u are still in 11th floor? actually i also scare to buy but just sikit sikit...

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2022-03-16 14:09 | Report Abuse

China full lockdown coming. Deaths very high

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-16 14:24 | Report Abuse

---- WHAT IF -----
china is doing this on purpose, special lockdown to trigger another supply shortage to western companies.
dem super powers testing waters

masterus

3,600 posts

Posted by masterus > 2022-03-16 14:54 | Report Abuse

Last week, the European Union voted to withhold funding from member states Poland and Hungary for being out of step with “European Union values.”

masterus

3,600 posts

Posted by masterus > 2022-03-16 14:57 | Report Abuse

While Vilifying Putin, The EU Punishes Democracy In Hungary And Poland

masterus

3,600 posts

Posted by masterus > 2022-03-16 15:06 | Report Abuse

EU may collapse soon as us don't want EU too strong until can challenge us supremacy. EU is currently leading by Germany and France which is disobedient to us.

Biliskecil

760 posts

Posted by Biliskecil > 2022-03-16 18:06 | Report Abuse

What if since September 2020?? Now from 11 Rm drop till 1 rm still what if?

Biliskecil

760 posts

Posted by Biliskecil > 2022-03-16 18:07 | Report Abuse

Wake up liao lah, sleeping beauty

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-16 18:53 | Report Abuse

Immediate Announcement on Shares Buy Back
16/3/22 - 3,800,000
15/3/22 - 2,377,800
14/3/22 - 2,822,200
08/3/22 - 5,000,000
07/3/22 - 7,700,000
04/3/22 - 8,000,000
03/3/22 - 1,700,000
02/3/22 - 2,800,000
28/2/22 - 4,800,000

Brutus

311 posts

Posted by Brutus > 2022-03-16 20:02 | Report Abuse

@Maridien2, thank you for keeping track of the SBB by SuperMax. Waiting for their yearly Share Dividend.

Jason85

652 posts

Posted by Jason85 > 2022-03-16 20:56 | Report Abuse

Buy some no harm for price now, not all in anyway

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-03-16 21:51 | Report Abuse

2% of total market SBB now.

Cash in hand RM 1.24 per share. USA expansion will kick in by end of this year. Inventory almost 30 cents per share.

it is a debt free company. Im still buying

Posted by investmalaysia618 > 2022-03-17 09:16 | Report Abuse

still buying from RM7/8 hahahahaha. unlimited cash ah you have or use hell note kikiki

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-17 09:30 | Report Abuse

Hope Supermax give timeline updates on their USA glove factory like usagloves, very well done with the pictures and explanations.
https://www.usagloves.com/factory/updates

cwc1981

1,373 posts

Posted by cwc1981 > 2022-03-17 09:35 | Report Abuse

Good

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-17 09:42 | Report Abuse

usagloves accepting orders for their upcoming gloves plant. The glove asp is very good.

Price Chart
1case - USD115.99 per 1,000 gloves
2000case - USD89.99 per 1,000 gloves

https://www.usagloves.com/product/examination-grade-nitrile-gloves

Posted by Investor126 > 2022-03-17 09:46 | Report Abuse

The calm before the storm.
Supermax has never been proactive in everything and they been hiding many thing too. Till you realise something is fishy behind, it is too late already. Which is why investors who knew this stay far from this counter. The past history is always a mirror.

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-17 09:50 | Report Abuse

No boss wants to sink own ship. Stanley wants to be richer not poorer. Supermax USA glove factory will be his cash cow hehehe. Believe in Stanley.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 09:58 | Report Abuse

just curious when company share buyback so strong, why no one want push price up?
or is it all waiting for SBB up to certain % before going back in?

Anaconder

1,031 posts

Posted by Anaconder > 2022-03-17 10:14 | Report Abuse

The operators so generous to sell cheap2

tahong

536 posts

Posted by tahong > 2022-03-17 10:30 | Report Abuse

Aya! the operators had made a lot in near peak

Posted by investmalaysia618 > 2022-03-17 11:05 | Report Abuse

if you believe in stanley habis lo

freddiehero

16,722 posts

Posted by freddiehero > 2022-03-17 11:08 | Report Abuse

kantao datang ka..

Posted by Investor126 > 2022-03-17 11:15 | Report Abuse

Majority stubborn retailers who refused to let go still suffering from "paper loss" so far, not knowing when to release depending on their price. Those who had cut loss earlier relieved.
Do not take SBB as an indicator for buy in as Supermax has a lower averaged price. The rule is still the same, to push up higher and trap more. Unless if you have excessive cash preparing to stuck for a longer time.

Posted by Investor126 > 2022-03-17 11:33 | Report Abuse

You know how screwed up it is even when those small gloves can rise more than this counter.
And many knew something you guys could have missed.

Posted by investmalaysia618 > 2022-03-17 11:44 | Report Abuse

SBB is to reward top management, nothing to do with ikan bilis. nothing to happy about it

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 14:52 | Report Abuse

mari all jump back gloves sector, see last rally with global covid cases increase got feeling + china factory close down due to lockdown

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 14:55 | Report Abuse

idk i feel like supermx is the safest to enter, after company doing so much share buyback.
once sapu enough sure fly 1 last time...
HOPEFULLY haha

Posted by Investor126 > 2022-03-17 15:10 | Report Abuse

You are just speculating it will fly. On what basis?
ASPs increased? No, so far.
CBP revoked? Might not be in this year too.
US' expansion brightful? You could only hope that but in real many already has the answer.
What I see is glove oversupplied, operation cost is high, sneaky management and many other more from the latest QR. Think wisely before you buy.

Timercheng

733 posts

Posted by Timercheng > 2022-03-17 16:20 | Report Abuse

Operators, so hai sell at super cheap to Supermx

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-03-17 16:44 | Report Abuse

You know what I know ? Hehehe
************
And many knew something you guys could have missed.

Youngkid

298 posts

Posted by Youngkid > 2022-03-17 17:01 | Report Abuse

NAB-- RM 1.88 , cash/share Rm1.25 but market markers quote so low, betul 2 not only so hai but dungu lol!

Posted by investmalaysia618 > 2022-03-17 17:19 | Report Abuse

no need to say people so hai. those who selling knows what the buyers dont know.

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-03-17 19:28 | Report Abuse

Right now Supermax has discuss with USA custom abut the forced labour issue, tentatively will be solved in Q2-3. Supermax SBB at RM 1.10 very good move for shareholders to increase its value..

TP: RM 2.50

Posted by cbmytrading > 2022-03-17 21:42 | Report Abuse

up 3 cents today...why Singapore riverstone up a lot and local glove counters can not move much?stand a change or not??

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 21:44 | Report Abuse

supermx havent share buyback enough yet chill

Posted by cbmytrading > 2022-03-17 21:58 | Report Abuse

already stand above ma20 three days and when can reach ma60?

Maridien2

1,084 posts

Posted by Maridien2 > 2022-03-17 22:06 | Report Abuse

https://www.maxter-glove.com/

Supermax USA glove website, nice video enjoy.

Posted by Investor126 > 2022-03-18 09:39 | Report Abuse

Food for thought. Why is this selling, if as claimed of so good and underpriced?
Your boss been SBB for so long, perhaps asking some of you here to promote, yet still this selling? Don't you guys wonder and ask your boss what is happening?

Timercheng

733 posts

Posted by Timercheng > 2022-03-18 12:18 | Report Abuse

Stanley want to give share dividend soon dude!

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