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 21 hours ago

joyvest

10,533 posts

Posted by joyvest > 2023-12-14 12:15 | Report Abuse

Investors are looking for only 2 things ie capital gain through appreciation of share price and dividends be it small or big. The Mgt has chosen not to pay but retain for re-investment in USA for further growth leading to higher capital gain . However , if the share price remains stagnant if not worse than before following the re-investment ,his head would be chopped....

mf

29,190 posts

Posted by mf > 2023-12-14 15:44 | Report Abuse

take profit

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-14 17:13 | Report Abuse

Congrats to SHORTies for a hat3rick of BIG lo$$$e$ on YTL, Genting & sarung tangan!!!😍😍😘 The technicals l@@k like they're finally finally finally on a stable footing to challenge the $1.20-1.30 level, which is fair value considering the coming turnaround in earnings!!!

Posted by NatsukoMishima > 2023-12-15 19:25 | Report Abuse

🤣🤣🤣🤣

Lai Yu

81 posts

Posted by Lai Yu > 2023-12-15 23:00 | Report Abuse

Org Naik banyak, dia naik sikit.
Org turun sikit, dia turun banyak.
TQ 2 Crazy Lady

AdCool

3,864 posts

Posted by AdCool > 2023-12-16 16:32 | Report Abuse

revenue should be up significantly in coming quarter due to uplift of US CBP ban in Sept. But whether can make profit, that remain to be seen as there seem to be some poor decision made so far especially on the private plane purchase which gave no business justification and being covered up as well as the US manufacturing facility which is 4x the cost in Malaysia. Unless, management is confident to secure strategic contract with US gov when the US facility starts operation, that would be a real boost to the company revenue which differentiate it from the rest.

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-18 09:42 | Report Abuse


Shortists lo$ing their PANT$ again!!! -4.5c on 132,800 shares shorted as of Friday! 🤗🤞

mf

29,190 posts

Posted by mf > 2023-12-18 10:29 | Report Abuse

take profit

klee

3,525 posts

Posted by klee > 2023-12-18 13:40 | Report Abuse

Private plane issue has been overblown n has been discounted by market.The incoming usa sales will boost revenue by 10% at the least.Supermx is a laggard to harta kossan.Lots of catching up to do.

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-18 15:06 | Report Abuse

Shr price is finally above Topglov's after crossing paths briefly this morning: mkt finally realises that it's far more valuable per shr than the much more abundantly ticketed co.

myinvestor

1,219 posts

Posted by myinvestor > 2023-12-18 19:09 | Report Abuse

Supermax Restructures with Appointment of New
CEO and COO To Drive Synergy Across Malaysia-US
Operations
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143118&name=EA_GA_ATTACHMENTS

klee

3,525 posts

Posted by klee > 2023-12-18 20:43 | Report Abuse

Execellent ! New ceo n coo to dispel bad publicity from private plane issue.Lets break 1.07 tmr.

joyvest

10,533 posts

Posted by joyvest > 2023-12-19 07:13 | Report Abuse

Its futile as the latest appointment is said to be
another case of nepotism.Basically,the composition of BOD is under control and seize by one individual in disguise.

dompeilee

11,888 posts

Posted by dompeilee > 2023-12-19 08:54 | Report Abuse

Anyway if stanley wants to fritter away the co's cash, he himself will be the biggest sufferer going fwd as holder of 39% of the outstanding shares.

tradek

68 posts

Posted by tradek > 2023-12-19 09:16 | Report Abuse

very good news...

Posted by ChloeCheong > 2023-12-19 09:23 | Report Abuse

Omicron attacks. All glove counters are going up recently

joyvest

10,533 posts

Posted by joyvest > 2023-12-19 12:34 | Report Abuse

The composition of BOD is fully determined by one individual with the slogan " you help me and I help you". The voice of BOD is fully subjugated by one individual. Basically, the BOD are all puppets of one individual. No transparency in Corporate Governance , no freedom of expression for the best interest of shareholders , no opposition to the resolution of one individual. The company is destined to be doomed.

i3lurker

14,432 posts

Posted by i3lurker > 2023-12-19 12:38 | Report Abuse

are you saying Putin is in charge?
Kesian. Haiyoh. Correct?

Posted by joyvest > 1 minute ago | Report Abuse

The composition of BOD is fully determined by one individual with the slogan " you help me and I help you". The voice of BOD is fully subjugated by one individual. Basically, the BOD are all puppets of one individual. No transparency in Corporate Governance , no freedom of expression for the best interest of shareholders , no opposition to the resolution of one individual. The company is destined to be doomed.

joyvest

10,533 posts

Posted by joyvest > 2023-12-19 12:43 | Report Abuse

Pathetically yes...

Jason85

652 posts

Posted by Jason85 > 2023-12-19 13:49 | Report Abuse

RM1.10 to break is anytime now?

mf

29,190 posts

Posted by mf > 2023-12-20 10:42 | Report Abuse

take profit

Joker68

58 posts

Posted by Joker68 > 2023-12-20 16:21 | Report Abuse

Your news is not complete. WHO also said current evidence was 'Low' risk.

alenac

2,655 posts

Posted by alenac > 2023-12-25 11:18 | Report Abuse

Playing Russian roulette with Standly. Even his kids & wife can't win.
Jason85
RM1.10 to break is anytime now?

5 days ago

0 seconds ago

Posted by Apple4Oranges > 2023-12-26 14:05 | Report Abuse

Speed up to clear up some gloves inventory due to the resurgence of Covid cases

myinvestor

1,219 posts

Posted by myinvestor > 2023-12-28 08:11 | Report Abuse

JP was once worst gloves hater now upgraded glove sector. It is good news. Harta /Kossan target price up 20 to 26% respectively. Expect Supermx to follow uptrend.

CharlesT

14,953 posts

Posted by CharlesT > 2023-12-28 08:38 | Report Abuse

Last time in 2020 or 2021 JP Morgan was the only Inv Banker who got balls to tell you all the truth on Glove.....

But all glovetards hentam them like hell......the rest is the history (glove share prices drop for another 2 years).....

Posted by Apple4Oranges > 2023-12-28 12:00 | Report Abuse

Don't know if it can hit Rm1 tomorrow or not

younglean

231 posts

Posted by younglean > 2024-01-04 15:25 | Report Abuse

New management new game plan for supermax 😁

CharlesT

14,953 posts

Posted by CharlesT > 2024-01-04 15:54 | Report Abuse

Buy more jets ah?

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-05 15:24 | Report Abuse

Shorties really FINITO this time! Die shorties die...DIe SHORTies diE!👍 Skali Monday break $1.20!!!

Posted by ChloeCheong > 2024-01-05 16:20 | Report Abuse

with this kind of movement, shorties will cover back their position in order to stop the bleeding 😄

Michael Kwok

6,445 posts

Posted by Michael Kwok > 2024-01-06 02:31 | Report Abuse

Buy call Price 1.01 or lower
Tp rm 1.30-rm 1.50
Price should be higher thn top glove as more start to restocking gloves and material price down.
6/1/23 2.31am

chongwee

125 posts

Posted by chongwee > 2024-01-09 11:25 | Report Abuse

Gloves Theme is past

joseph

67 posts

Posted by joseph > 2024-01-10 11:13 | Report Abuse

end covid theme supermax fate is below 100

younglean

231 posts

Posted by younglean > 2024-01-10 17:21 | Report Abuse

I like people think that gloves theme is past. That's the timing I hentam gloves 😆

xiaoeh

2,734 posts

Posted by xiaoeh > 2024-01-10 17:25 | Report Abuse

Agreed Younglean
Better run road if full of people are here shouting LU

onhands

162 posts

Posted by onhands > 2024-01-14 21:40 | Report Abuse

HEALTH ·PUBLIC HEALTH
‘Disease X’ could cause the next pandemic, according to the WHO—or Ebola, SARS, or Nipah. 9 pathogens researchers are keeping a watchful eye on
BYERIN PRATER
January 13, 2024 at 7:31 AM GMT+8

younglean

231 posts

Posted by younglean > 2024-01-15 11:56 | Report Abuse

Demand for gloves will surge for sure

Posted by Investor126 > 2024-01-16 09:29 | Report Abuse

What if another quarter comes in red again? You guys think about it.

xiaoeh

2,734 posts

Posted by xiaoeh > 2024-01-16 09:32 | Report Abuse

Posted by Investor126 > 2 minutes ago | Report Abuse
What if another quarter comes in red again? You guys think about it.

Good question Investor126
mind sharing what's in your mind?

myinvestor

1,219 posts

Posted by myinvestor > 2024-01-16 12:33 | Report Abuse

Supermx since resumed shipment to US have sales more 60 m gloves exported. last qtr with zero sales in Us already almost breakeven. Think yourself.

Posted by ChloeCheong > 2024-01-17 11:02 | Report Abuse

Then more likely Supermax will turn green in Q2

JusinKarl

66 posts

Posted by JusinKarl > 2024-01-17 20:37 | Report Abuse

Time to accumulate below 90 and 9 for call warrants before next QR expected on end Feb 24. Targeted price 1.50 in short terms

younglean

231 posts

Posted by younglean > 2024-01-17 21:29 | Report Abuse

We will witness supermax turning superman next month 😁

chongwee

125 posts

Posted by chongwee > 2024-01-19 10:43 | Report Abuse

SMART MONEY VERY SMART EXIT FROM GLOVES TO PROPERTY THEME ...EXSPECIALLY ISKANDAR JOHOR

chongwee

125 posts

Posted by chongwee > 2024-01-19 10:47 | Report Abuse

NO MORE GLOVE THEME ...NO MORE 1MALAYSIA... AGONG WANT MADANI MALAYSIA WANT JOHOR DEVELOPMENT WANT JOHOR GROWTH IN HIGHNESS LEADERSHIP

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