SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.845

Today's Change

+0.02 (2.42%)

Day's Change

0.825 - 0.845

Trading Volume

7,173,900


100 people like this.

222,672 comment(s). Last comment by Dannyfyl88 17 hours ago

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-17 09:11 | Report Abuse

Lai leow

Posted by rocksteady > 2022-10-17 09:14 | Report Abuse

Super undervalue !, hoot lah!

Posted by rocksteady > 2022-10-17 09:17 | Report Abuse

Confirmed uptrend, for those who stuck in high price better average fast now !

tahong

536 posts

Posted by tahong > 2022-10-17 09:35 | Report Abuse

Supermx won't stay low for long, better accumulate fast

bulldog

12,157 posts

Posted by bulldog > 2022-10-17 11:14 | Report Abuse

Accumulation in progress


Huat chaiii

Sansing

1,028 posts

Posted by Sansing > 2022-10-17 14:41 | Report Abuse

Ayoyo ! shorties rush in to cover

Sansing

1,028 posts

Posted by Sansing > 2022-10-17 14:47 | Report Abuse

Year end I think Rm2 is achievable as their US plant on test run

RockerArm

546 posts

Posted by RockerArm > 2022-10-17 14:51 | Report Abuse

Huge volumes this few days, sign of big boys masuk

5231428

610 posts

Posted by 5231428 > 2022-10-17 15:08 | Report Abuse

US dollar against ringgit strengthening, good for supermax.

Youngkid

298 posts

Posted by Youngkid > 2022-10-17 15:12 | Report Abuse

Shorties, dare to sell short kah!

mf

29,056 posts

Posted by mf > 2022-10-17 15:21 | Report Abuse

target 0.970

Larn

280 posts

Posted by Larn > 2022-10-17 15:35 | Report Abuse

carefull...pullback...

Youngkid

298 posts

Posted by Youngkid > 2022-10-17 15:36 | Report Abuse

NTA Rm1.82, strong buy especially for a growth stock

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-17 15:41 | Report Abuse

Rm 11 ,10, 9 ,8 ,7,6 ......dare to buy but now 88 sen loh ! dare not buy kah! No logic lol!

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-17 15:45 | Report Abuse

Withdraw your EPF, FD to Sailang mah`!!!!

beinvested

2,445 posts

Posted by beinvested > 2022-10-17 16:13 | Report Abuse

89.5 sen got buyers for 570K units. 90 sen firming.

beinvested

2,445 posts

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

so fast 90 sen , almost 2Mil units, all sold out.

Posted by raphaelchinn94 > 2022-10-17 16:21 | Report Abuse

when supermx can come back

Posted by raphaelchinn94 > 2022-10-17 16:22 | Report Abuse

neck already long, flower already wilt

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2022-10-17 16:58 | Report Abuse

what is ur stuck price?

Fklim888

1,613 posts

Posted by Fklim888 > 2022-10-17 17:09 | Report Abuse

Supermax !!!....bfore analysis step in revised their tp ya...lol

rr1688

3,170 posts

Posted by rr1688 > 2022-10-17 22:05 | Report Abuse

NUT SUKA MISSING MA...I AM JUMPING IN THE RIGHT TIMING...ALL IN SAI LANG...TURBO CAJ...

Posted by Investmalaysiaa > 2022-10-17 22:12 | Report Abuse

@pjseow, got buy a super big batch at 70 cents? Average is 80cents now? Kikiki

Posted by NatsukoMishima > 2022-10-18 08:38 | Report Abuse

All glove stocks plummet today ! How many times will a fool be trapped ?

Posted by NatsukoMishima > 2022-10-18 10:34 | Report Abuse

Glove stocks stampede coming ! RIP all fools !

newbie8080

2,766 posts

Posted by newbie8080 > 2022-10-18 11:41 | Report Abuse

A technical rebound only.
Currently, utilisation is less than 50% as per management guidance and existing inventory are being sold lower than USD20 per 1k due to pressure for China players.
Customers are still holding on average 6 mths of inventory depending on sector.
On top of current labor cost increase from 1.2k to 1.5k and surge in energy cost by 25% in Q2 2022 as mentioned by Gas Malaysia, will likely push makers towards heavier loss in coming quarters.

Endgame

757 posts

Posted by Endgame > 2022-10-18 13:06 | Report Abuse

A new born or a new trap set up? Or wait another coming new low?

Posted by NatsukoMishima > 2022-10-18 16:04 | Report Abuse

Wow banker suddenly pivot u turn just like uk gormen , all smart money rush back to tech stocks , glove fools once again buy high trapped high or sell low at 1.20 soon !


NatsukoMishima

4,350 posts

Posted by NatsukoMishima > 2 hours ago | Report Abuse

History once again will teach all glove fools an expensive lesson which is never buy a sunset business with challenges with China ! U think it will hit rm 2 .xx but too bad banker more clever n faster than u all !

Posted by NatsukoMishima > 2022-10-18 22:55 | Report Abuse

Smart money move back to tech stock already !

Investoz88

545 posts

Posted by Investoz88 > 2022-10-19 09:01 | Report Abuse

Where is the coronavirus surging around the world?
Signs point to a surge in Europe, which could foretell another winter wave in the United States.
Cases rose by 104 percent in Portugal and 42 percent in Switzerland over the past week, while the virus has also surged in Germany, France, Italy and Austria, according to The Washington Post’s coronavirus tracker.

The World Health Organization and European Center for Disease Prevention and Control warned Wednesday that the continent is probably entering a new covid wave, which will coincide with a resurgence in the flu. In the ECDC’s latest weekly report, it noted “widespread increases were being observed in all indicators,” including cases, hospitalizations and deaths across the continent.


Covid cases are also up in parts of Asia, including South Korea, Taiwan and Japan, which have dropped most of their travel restrictions in recent months.

In Singapore, which has seen a 44 percent increase in the average number of daily reported cases over the past week, the Ministry of Health said Saturday that an omicron subvariant known as XBB jumped from a 22 percent share of local cases to 54 percent over the course of a week.

When cases rise in Europe, it’s often “just a matter of weeks or months” until a surge follows in the United States, said Sanjana Ravi, a visiting assistant scientist at the Johns Hopkins Center for Health Security at the Bloomberg School of Public Health.

“We saw that with the delta variant. We saw that with the omicron variant,” Ravi said. “I think it’s safe to take precautions considering that we’re starting to see those numbers go up again in Europe now.”

Winter last till Feb 2023?
ASP still low?
What happens when they up ASP 10% ?
2023 will be a bull year ?

Posted by NatsukoMishima > 2022-10-19 10:18 | Report Abuse

channel checks with glove makers indicate continued weak demand, while there has been no increase in orders despite the emergence of new Covid-19 variants. Glove makers are reporting that their utilisation rate remains low at 50-55%. Costs remain elevated, while ASP hikes have been difficult to implement given the current supply-led industry dynamics. We expect ASPs to stabilise at US$20-21 per 1,000 pieces (below pre-pandemic levels), with slow recovery anticipated in the midterm (three to six months).

mf

29,056 posts

Posted by mf > 2022-10-20 08:38 | Report Abuse

Sector focus: The healthcare stocks may extend mild gains given their attractive valuation

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-20 15:58 | Report Abuse

Ridiculous selling at penny price level

rr1688

3,170 posts

Posted by rr1688 > 2022-10-21 01:56 | Report Abuse

NUT SUKA MISSING MA...30 % PROFIT PER MONTH WHERE TO FIND...

imvu

7,888 posts

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

0.865

Casino123

43 posts

Posted by Casino123 > 2022-10-21 20:30 | Report Abuse

Any stock recommendation

myinvestor

1,218 posts

Posted by myinvestor > 2022-10-23 10:05 | Report Abuse

Which are sector that benefit from hypeinflation?
When inflation rises and purchasing power decreases, many investors turn to real assets for an inflation hedge. Of the many physical items available for investment, wine remains one of the best performers.
Real estate. ...
Energy. ...
Bonds. ...
Financial Companies. ...
Commodities. ...
Healthcare. ...
Consumer staples.

When there’s uncertainty in the market, the healthcare sector can provide inflation protection. For example, a Deloitte report found that the COVID-19 pandemic conditions coupled with advancements in science, technology, and analytics have been a catalyst for transformation in the industry.

The healthcare sector is also growing significantly faster than the overall global economy. However, the healthcare sector is broad and incorporates biotechnical companies, medical device companies, insurers, and healthcare providers, which could offer decent inflation protection.

rr1688

3,170 posts

Posted by rr1688 > 2022-10-24 11:10 | Report Abuse

Tripledemic is coming...

John Lu

29 posts

Posted by John Lu > 2022-10-24 12:20 | Report Abuse

Hang Seng and China A50 big drop now.

awieze

685 posts

Posted by awieze > 2022-10-24 15:10 | Report Abuse

dow jone fly, hangseng drop, KLSE? follow which one?

Investoz88

545 posts

Posted by Investoz88 > 2022-10-25 11:08 | Report Abuse

European, US officials track BQ.1 Omicron subvariant rises
Oct 24, 2022

The European Centre for Disease Prevention and Control (ECDC) late last week projected that the Omicron BQ.1 sublineage and its offshoots will likely fuel rises in COVID-19 activity in the weeks and months ahead.

In the United States, the Centers for Disease Prevention and Control (CDC) said last week that BQ.1 and BQ.1.1 are spreading relatively quickly, but still make up a small proportion of the overall variant picture.

As summer drew to a close, health officials warned that a variety of Omicron subvariants could drive a winter surge, but now there seem to be a few frontrunners, such as BQ.1 in Europe and XBB in parts of Asia...

Covid is not over.
AFTER profit taking, be sure of another rise. Hold tight..

Investoz88

545 posts

Posted by Investoz88 > 2022-10-25 11:51 | Report Abuse


Kossan is moving higher in anticipation of good results?
Super and all the rest will follow after this round of profit taking.....

myinvestor

1,218 posts

Posted by myinvestor > 2022-10-25 16:06 | Report Abuse

Investor alert: Maybank investment annoucement. Pls informed some trades done 5/Oct/2022 were overcharged in brokerage amount fee. Our team is midst in rectifying the issue.

frankkoh

36 posts

Posted by frankkoh > 2022-10-27 20:04 | Report Abuse

CBP for Supermax has been a year, what is the progress status now?

kbtsyl68

145 posts

Posted by kbtsyl68 > 2022-10-27 22:02 | Report Abuse

CBP for supermax will be uplift very soon. Get ready for 20 cents gap up when this news is announced.

Anaconder

1,031 posts

Posted by Anaconder > 2022-10-28 09:46 | Report Abuse

Next wk above RM 1

cwc1981

1,373 posts

Posted by cwc1981 > 2022-10-28 19:17 | Report Abuse

Dividend ex 16th December. Yeah

rr1688

3,170 posts

Posted by rr1688 > 2022-10-30 14:42 | Report Abuse

Investors run away from international tech melt down move money to high dividend glove stocks...

rr1688

3,170 posts

Posted by rr1688 > 2022-10-30 17:13 | Report Abuse

Malaysia rubber gloves is the best in the world... will not leak under pressure... demand increase...low quality rubber gloves competitors stop production due to zero covid instructions...

rr1688

3,170 posts

Posted by rr1688 > 2022-10-30 17:18 | Report Abuse

Nothing can stop virus...not even the best warrior in history...not even the biggest n strongest creature on earth...virus can Only block by High quality Malaysia rubber gloves...

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