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

ahbah

6,238 posts

Posted by ahbah > 2022-10-06 16:17 | Report Abuse

Supermax is still super chip, considering the hugh amount of cash it got.

ahbah

6,238 posts

Posted by ahbah > 2022-10-06 16:18 | Report Abuse

Always be gridi when others are fearful as now mani players are still veri fearful.

nelsonlim

730 posts

Posted by nelsonlim > 2022-10-06 16:20 | Report Abuse

epf said is time to long

beinvested

2,447 posts

Posted by beinvested > 2022-10-06 16:26 | Report Abuse

Their copies of Balance Sheet showing the cash in the banks - Harta, TG, SUPER

RockerArm

546 posts

Posted by RockerArm > 2022-10-06 16:30 | Report Abuse

Market Cap. is 2.1 B n cash in B/S got 3 B. From here, we know we can close both eyes to sailang loh!

nelsonlim

730 posts

Posted by nelsonlim > 2022-10-06 16:34 | Report Abuse

topglove cash is ntg if compare to harta lo

beinvested

2,447 posts

Posted by beinvested > 2022-10-06 16:38 | Report Abuse

Yes, TG RM440MiL, Harta RM2.0BiL.
SUPER is more attractive, RM3BiL

Easyguy

46 posts

Posted by Easyguy > 2022-10-06 16:39 | Report Abuse

No contra playing lol! U might burn your fingers if luck is not there

jacklimeu2

931 posts

Posted by jacklimeu2 > 2022-10-06 16:43 | Report Abuse

Under current worldwide market conditions, this is likely a bear market rally...

Easyguy

46 posts

Posted by Easyguy > 2022-10-06 16:44 | Report Abuse

Big boys are coming

beinvested

2,447 posts

Posted by beinvested > 2022-10-06 16:47 | Report Abuse

Don't contra. Buy according to the affordability, be able to pick up in case...

jasonor

1,004 posts

Posted by jasonor > 2022-10-06 16:55 | Report Abuse

they already entered on 4pm 29 sept. now can sell dy

beinvested

2,447 posts

Posted by beinvested > 2022-10-06 17:02 | Report Abuse

Harta up 8 sen, SUPER also up 8 sen/10% - you choose which one? Yesterday 70 sen don't want to buy.
MBB got up 10% ? - is a good stock, no doubt.

RISK8888

2,232 posts

Posted by RISK8888 > 2022-10-06 19:33 | Report Abuse

one thing need to take note. Super commited to set up plant in US. it will cost not less than 1.5bil to do so. looking at current USD exchange rate and construction cost inflation, the capital may easily go up to 2bil. therefore the net cash left maybe around 1bil only.

RISK8888

2,232 posts

Posted by RISK8888 > 2022-10-06 19:34 | Report Abuse

better cash possition should be Kossan, havinf 2bil cash in hand. let see coming quarter if can make some profit,, sure will announce some dividend.

rr1688

3,170 posts

Posted by rr1688 > 2022-10-07 04:54 | Report Abuse

uptrend mari...

Posted by NatsukoMishima > 2022-10-07 11:02 | Report Abuse

Win become lose if too greedy hesitate to take profit now !

jklkk911

12 posts

Posted by jklkk911 > 2022-10-07 12:21 | Report Abuse

look at supermax quarterly report on foreign currency translation.
RM49m for June period.
I estimate they have at least 300M in USD.
Another 60m in foreign currency translation for Sept quarter ??

Investoz88

545 posts

Posted by Investoz88 > 2022-10-12 09:48 | Report Abuse

SINGAPORE - There were 11,732 new Covid-19 infections on Tuesday, more than doubling from the 4,719 new local cases the day before.

The spike, while largely driven by the XBB variant, another Omicron subvariant, is seeing low severe cases, said the Ministry of Health (MOH).

MOH is also initiating Pofma (Protection from Online Falsehoods and Manipulation Act) action against rumours circulating via WhatsApp that Singapore is having a rapid and large increase in cases with severe illness and deaths due to the circulating XBB strain.

While the post-weekend spike today is driven by the XBB strain, MOH said that "the number of severe cases has remained relatively low. This is very likely due to the resilience built up through vaccination and previous waves of infection"...

This new strain will hit everywhere.. not just Singapore.
How??

newbie8080

2,768 posts

Posted by newbie8080 > 2022-10-12 10:11 | Report Abuse

@beinvested
Supermax's cash will be depleted to less RM1.4 bil by 2Q 2023 after the completion of US factory.

Investoz88

545 posts

Posted by Investoz88 > 2022-10-12 10:40 | Report Abuse

That will be when they starts to book in more revenues from US market...

myinvestor

1,219 posts

Posted by myinvestor > 2022-10-12 12:13 | Report Abuse

Companies with rich cash can easily borrow from bank to develop a new factory. They don't use all the cash.

beinvested

2,447 posts

Posted by beinvested > 2022-10-12 15:36 | Report Abuse

Saying, leisurely bought at 79 sen on 6 OCT. Yesterday people sold until 71 sen since not picking up the shares, today can buy at the lower price, 73 sen and parking at...

beinvested

2,447 posts

Posted by beinvested > 2022-10-13 09:38 | Report Abuse

Recovered now. Yesterday reverted back to 71 sen during the last 5 minutes.

beinvested

2,447 posts

Posted by beinvested > 2022-10-13 09:53 | Report Abuse

Moses sent spies, 12, one from each tribe.
Moses told them all the laws and commandments during the final month of his life.
Joshua took over the leadership from Moses. Anointed.
Joshua also sent spies after Moses has passed on. Joshua sent 2 spies, they are Phinehas and Caleb.
Joshua was part of the 12 spies.
What is the difference between that 12 spies and the 2 spies?
These 2 spies, Phinehas is a zealous man, very serious with God's business and strictly following God's requirement.

beinvested

2,447 posts

Posted by beinvested > 2022-10-13 10:38 | Report Abuse

For 1 small mistake, God barred Moses from entering the Promised Land.
He prayed for 515 times, just before he passed on, 3 times a day and the final day he managed to pray 2 times because he passed on before the end of the day.

God had to tell him "Enough", do not pray anymore. The generations that came out from the slavery were all terminated, leaving Joshua son of Nun and Caleb...crossing the Jordan.
JUST 1 small error...about knocking the rock for the water...doubting God's and not emphasizing God's holiness.

beinvested

2,447 posts

Posted by beinvested > 2022-10-13 12:00 | Report Abuse

There were no other prophets that is greater than Moses. Only Moses got God spoken to him while he is awake. The rest of the Prophets got the messages when they are asleep.

Moses has a brother, Aaron and a sister Miriam. This Miriam, can not be mistaken as Jesus's mother who is also Miriam. Jesus can not be calling Moses the uncle. The difference is 3,000 years.

So, the community mourned for Moses for one month. God loved him so much, passed on at the age of 120 yeara at Moab, God buried him, until today nobody knows where is his grave.

mf

29,190 posts

Posted by mf > 2022-10-13 13:58 | Report Abuse

goreng on

beinvested

2,447 posts

Posted by beinvested > 2022-10-13 20:41 | Report Abuse

In the Parliament....Putin, inflation...tax-cut.

https://www.youtube.com/watch?v=2Tj3iACYQ_o

Youngkid

298 posts

Posted by Youngkid > 2022-10-14 09:42 | Report Abuse

When RM1 to Rm11 dare to buy, now penny stock dare not buy kah?

tahong

536 posts

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

So cheap now can sailang loh!

tahong

536 posts

Posted by tahong > 2022-10-14 10:13 | Report Abuse

Where is Apollo Ang? Come n sapu lah!

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-14 10:45 | Report Abuse

Don't disturb Apollo lah! ,I think he retire lol!

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-14 10:50 | Report Abuse

Virus omicron r increasing daily ,so demand for gloves increases,this augur well for gloves industry

tahong

536 posts

Posted by tahong > 2022-10-14 10:57 | Report Abuse

If today can close above 80 sen, ho sei liow!

rchi

20,955 posts

Posted by rchi > 2022-10-14 11:41 | Report Abuse

Hoot9e

Posted by NatsukoMishima > 2022-10-14 13:04 | Report Abuse

Congrats to all naive volunteers pending for slaughtering !

tahong

536 posts

Posted by tahong > 2022-10-14 13:50 | Report Abuse

Better buy fast while it is super cheap cos next yr will be gogo yr for Supermx as new plant in US will start production by beginning of 2023. Don' said u r not inform

tahong

536 posts

Posted by tahong > 2022-10-14 13:53 | Report Abuse

Apollo Ang pls. come to support lah!

Timercheng

733 posts

Posted by Timercheng > 2022-10-14 14:30 | Report Abuse

With huge volumes yesterday n today indicate big funds sudah masuk loh!

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-14 14:42 | Report Abuse

I think JP Morgan buying lol!

Youngkid

298 posts

Posted by Youngkid > 2022-10-14 14:51 | Report Abuse

Bull trend confirmed , buy quick, don't miss this great opportunity

beinvested

2,447 posts

Posted by beinvested > 2022-10-14 14:56 | Report Abuse

NEEDLESS to say, We can begin to live the life of Heaven from this moment, if we are attached to God, others can see the Light of God on your face every time...HAPPINESS.

Down to earth, no jealousy, no anger, no materialism, no revengeful, no cursing, no swearing, generous, charitable, no false witness, honour the Parents and no kill & steal.

duncan2

235 posts

Posted by duncan2 > 2022-10-14 14:57 | Report Abuse

https://youtu.be/WvjMfbsjEuQ

Posted by NatsukoMishima > 2022-10-14 16:27 | Report Abuse

See money take money loh , monday drop back 60 sens

RockerArm

546 posts

Posted by RockerArm > 2022-10-14 20:25 | Report Abuse

CBP lifted, Supermx shoots up more than Rm 1

Investoz88

545 posts

Posted by Investoz88 > 2022-10-16 14:08 | Report Abuse

KUALA LUMPUR (Oct 13): Share prices of rubber glove makers stole the limelight on Bursa Malaysia on Thursday (Oct 13), with Hartalega Holdings Bhd’s shares leading the gains in terms of value gains.

When contacted, Malacca Securities head of research Loui Low Ley Yee told The Edge that rotational play kicked in, as investors swapped sectors from technology to rubber gloves, as the market has fully priced in the anticipated downside risk for gloves including acute oversupply and margin compression due to the falling average selling price (ASP) of gloves.

“Because the market has priced in everything (downside risks), any uptick or rebound in ASP, gloves will benefit. Investors have factored in (risks such as) overstretch in valuation and drop in earnings; now perhaps it has [already hit] bottom for the (glove stocks’) earnings and will recover soon.

“In contrast, [the] technology [sector] has more room to drop due to overstretching in valuation. The sector’s earnings are expected to come down, given the layoffs news from the big tech companies, coupled with the US ban on chips sales to China, this could be a repercussion towards the downward cycle of the demand (for semiconductor products) and that worries the market. So, we should be seeing a slowdown in technology companies’ earnings. That is what I am anticipating. So, glove stocks [are a] safer bet to invest in,” Low added....

rr1688

3,170 posts

Posted by rr1688 > 2022-10-16 16:30 | Report Abuse

Xbb covid new wave is coming...

MichelleNg

1,031 posts

Posted by MichelleNg > 2022-10-16 17:51 | Report Abuse

Wao...limit up next week???

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