SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.845

Today's Change

-0.015 (1.74%)

Day's Change

0.845 - 0.86

Trading Volume

1,803,300


100 people like this.

222,704 comment(s). Last comment by ket4212 1 day ago

myinvestor

1,219 posts

Posted by myinvestor > 2022-08-28 09:02 | Report Abuse

LONDON, ON, Aug. 25, 2022 /PRNewswire/ - Minco Wholesale & Supply Inc. is proud to announce a brand-new partnership with Canadian manufacturer Supermax Healthcare Canada Group, a leader in the industry specializing in the manufacture of premium healthcare, dental, industrial, and EMS products, including their renowned disposable protective product line, Aurelia®.
https://www.prnewswire.com/news-releases/minco-wholesale--supply-inc-now-offering-supermax-aurelia-healthcare-and-industrial-products-301612066.html

Posted by scn12345678 > 2022-08-28 19:29 | Report Abuse

My holding average price more than NTA, can the boss take private this company? So scarey

Posted by Investor126 > 2022-08-29 09:40 | Report Abuse

The boss is still earning, only those who bought at high keeps suffering. Even at current price too.

taihai

477 posts

Posted by taihai > 2022-08-29 16:19 | Report Abuse

we need a big speculator deal with short sellers ?

myinvestor

1,219 posts

Posted by myinvestor > 2022-08-29 16:59 | Report Abuse

Maxter healthcare inc under u/c
https://imgur.com/yYEHeNa

Posted by bullmarket1628 > 2022-08-30 12:39 | Report Abuse

Top up more Supermx at @0.73

Heng ah, Ong ah, Huat ah !

Posted by NatsukoMishima > 2022-08-30 13:59 | Report Abuse

Bad news from USA CBP again !

Posted by Investor126 > 2022-08-30 15:41 | Report Abuse

Do not worry. Not many dare to buy gloves' counter anymore, especially Supermax.
Only punter dare to bet in the bottomless pit.

myinvestor

1,219 posts

Posted by myinvestor > 2022-09-06 09:59 | Report Abuse

Decision to reintroduce US tariff 25% to china glove and mask will before 30 Sept 2022.

James Ng

2,705 posts

Posted by James Ng > 2022-09-07 22:13 | Report Abuse

[转贴] [Video:浅谈SUPERMAX CORPORATION BERHAD, SUPERMX, 7106] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-09-07-story-h1628963996

Phin Lim

24 posts

Posted by Phin Lim > 2022-09-12 14:44 | Report Abuse

SUPERMX GOT CASH 30 BILLION AND 27 BILLION SHARES WHICH IS MORE THAN RM1 CASH PER SHARE. IF INTEREST ALONE IS 3% THE MONEY TO BE COLLECTED FROM FIXED DEPOSIT IS RM90 MILLION PER YEAR. WHY WORRY !!!

jklkk911

12 posts

Posted by jklkk911 > 2022-09-13 16:44 | Report Abuse

Supermax Market Capitalization is RM 2B
Cash and Bank Balances alone is RM 3B, with practically zero debt.
You guys do realize it can keep buying itself up to 100% at this price and still have RM 1B cash after that right.

Mak_kiah

629 posts

Posted by Mak_kiah > 2022-09-13 21:30 | Report Abuse

started SBB.Nice move

jungleboy

1,042 posts

Posted by jungleboy > 2022-09-14 11:32 | Report Abuse

Anyone think top4 glove stocks going to be penny stocks for next year, possibly will trigger privatisation?

Posted by yangkwang99 > 2022-09-14 17:02 | Report Abuse

For a very long miserable time!!!

Posted by Investor126 > 2022-09-15 16:53 | Report Abuse

0.73. SBB also useless.

firehawk

4,783 posts

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

Foreign funds snap seven straight weeks of net inflow into Malaysian equities
https://www.theedgemarkets.com/article/foreign-funds-snap-seven-straight-weeks-net-inflow-malaysian-equities

jungleboy

1,042 posts

Posted by jungleboy > 2022-09-19 10:51 | Report Abuse

is privatisation on the mind?

Posted by bullmarket1628 > 2022-09-19 11:25 | Report Abuse

Sailang all my belongings till underwear to buy in Supermx at @0.70

Heng ah, Ong ah, Huat ah !

Posted by NatsukoMishima > 2022-09-19 13:08 | Report Abuse

https://www.orientaldaily.com.my/news/international/2022/09/19/513283

USA officially declare pandemic is over is end already ! No need rush to buy gloves now !

Posted by NatsukoMishima > 2022-09-19 13:13 | Report Abuse

Bad qr + USA declaration of the end of pandemic = malaysia glove stock going to sleep for atleast 20 years !

Posted by yangkwang99 > 2022-09-19 16:08 | Report Abuse

Heading towards 50cents!

Posted by NatsukoMishima > 2022-09-19 16:24 | Report Abuse

US plant confirm net loss due wage inflation !

Posted by Investor126 > 2022-09-19 16:46 | Report Abuse

The more you buy, the louder you cry.
No chance to run anymore. Those who enter, despite after being warned will just follow the journey to the south. Market is cruel. Good sentiment will not see gloves rebound anymore.

Posted by NatsukoMishima > 2022-09-19 22:06 | Report Abuse

With CHINA Challenge , there will be no growth for malaysia glove anymore , no growth dont buy because lesser n lesser dividen , lower n lower share price , this is the most important point to consider before buying a stock !

nuilam hali

1,365 posts

Posted by nuilam hali > 2022-09-20 04:10 | Report Abuse

Covid-19 pandemic is over in the US - Joe Biden

Ryan83

1,835 posts

Posted by Ryan83 > 2022-09-20 09:55 | Report Abuse

Supermax US glove plants will be net loss making as very high production costs due to increasing wages and energy costs

Posted by Investor126 > 2022-09-20 10:04 | Report Abuse

0.69, someone should either question him/herself why should the buy or the what is going wrong with this counter. Even at a discount of 15% from current price, still I will think twice before entering.

hng33

20,510 posts

Posted by hng33 > 2022-09-20 16:54 | Report Abuse

bought supermax at 69.5-70sen

hng33

20,510 posts

Posted by hng33 > 2022-09-20 17:42 | Report Abuse

Among all glove stock, supermax balance sheet is strongest. Net cash holding is higher than market capitalisation allow supermax to continue reward dividend to shareholders.

Supermax aldy propsed 3 sen final dividend to be declared next month.

ASP alrdy reached bottom based on topglove latest result. ASP to gradually increase 5% start next month

Dividend yield of mote than 10% now shpuld cushion any further downside risk.

hng33

20,510 posts

Posted by hng33 > 2022-09-20 17:47 | Report Abuse

Supermax US glove plants is next key earnings driver as US healthcare policy to gradually self sufficient on healthcare product including glove and mask. Policy to souce local US producr glove and mask to be based on contractual local produce healthcare product.

Alike other industries like semiconductor, US policy now emphasized on self supply by attract direct investment in US, souce on US produce product.

Large new semiconductor plant set up in US also increase glove and mask demand in US

hng33

20,510 posts

Posted by hng33 > 2022-09-21 10:12 | Report Abuse

Added second batch supermax at 68.5sen

myinvestor

1,219 posts

Posted by myinvestor > 2022-09-21 10:12 | Report Abuse


In fact Biden govt is spending more healthcare products after pandemic over annoucement

Much of the huge price tag for Biden's pandemic plan would help people who are financially struggling because of COVID-19, offering $1400 checks, rent and food assistance, and expanded health care and unemployment benefits. But Biden also wants Congress to allocate $400 billion of the money to bolster the pandemic response, with $160 billion of that going toward mounting "a national vaccination program," expanding diagnostic testing for COVID-19, and hiring 100,000 new community health workers—nearly tripling the 59,000 now doing the work. They would promote vaccination and trace contacts of newly infected people, but they are also intended to become a permanent fixture in the U.S. public health infrastructure.
https://www.science.org/content/article/biden-proposed-science-led-new-deal-end-pandemic-suffering

thesteward

6,782 posts

Posted by thesteward > 2022-09-21 11:31 | Report Abuse

If must hv gloves in portfolio then really supermx is the better choice

Posted by bullmarket1628 > 2022-09-21 11:41 | Report Abuse

Top up more Supermx at @0.68

Heng ah, Ong ah, Huat ah !

skyjet

541 posts

Posted by skyjet > 2022-09-21 12:21 |

Post removed.Why?

Santiago

465 posts

Posted by Santiago > 2022-09-21 12:42 | Report Abuse

this topglove is causing all glove counters suffer now!

Posted by NatsukoMishima > 2022-09-21 13:22 | Report Abuse

Superman will be next net loss glove company due US plant skyrocket cost !

Investoz88

545 posts

Posted by Investoz88 > 2022-09-21 13:30 | Report Abuse

From news report about Top Glove..
In October, Top Glove hiked its selling price by 5 per cent. We need an initiator to start raising prices, he added, noting that other players might follow suit and increase prices as well. He added that the company did face some resistance from its customers after the price increase.
For now, Top Glove does not have plan to raise funds from markets, said managing director Lim. He noted that the group also has banking facilities that it can draw on if there is a need .

A company spokesperson told The Business Times that the company upward price revision, declining raw material prices and a stronger US dollar will help the group return to profitability. ASPs are bottoming out, and there should be no need for further writedowns if the price continues to stabilise. Hence, we should see an improvement next quarter the spokesperson added.

Supermax and the other gloves companies MUST increase ASP to reverse the down trend.. Period.

Posted by Investor126 > 2022-09-21 15:32 | Report Abuse

Yayaya.. Keep your own bs together with Stanley. If really so good, why is the price keep moving down?
You are assuming too much. Your pocket is burning into a bigger hole at the end.

DestinyL

4,744 posts

Posted by DestinyL > 2022-09-21 16:34 | Report Abuse

Wow, thats something new. Mind sharing any source where it shows there is company willing to pay USD100 gloves rather than USD20?

joyvest

10,533 posts

Posted by joyvest > 2022-09-21 23:10 | Report Abuse

Since it has made loss,it can justify not to pay dividend despite it is said to have tons of cash flows from the interests earned from FD.....

Youngkid

298 posts

Posted by Youngkid > 2022-09-22 09:31 | Report Abuse

Kaki speculator sudah mari loh!

Easyguy

46 posts

Posted by Easyguy > 2022-09-22 09:58 | Report Abuse

No wonder share dropped

Anaconder

1,031 posts

Posted by Anaconder > 2022-09-22 10:22 | Report Abuse

Rm 10, 6, 3, 2 n now 67 sen, dare not buy kah?

tahong

536 posts

Posted by tahong > 2022-09-22 10:29 | Report Abuse

Better wait for next F/R. to see whether the company is making or losing.

Timercheng

733 posts

Posted by Timercheng > 2022-09-22 10:34 | Report Abuse

Ya loh! look at Top glove ,report losing making , share plunged !

thesteward

6,782 posts

Posted by thesteward > 2022-09-22 11:35 | Report Abuse

Supermax at least their SBB is at much better prices than tg. Also their cash position . If need to hv gloves in portfolio definitely would choose supermax.

Posted by bullmarket1628 > 2022-09-22 11:56 | Report Abuse

Top up more Supermx at @0.67

Heng ah, Ong ah, Huat ah !

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