SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

1.20

Today's Change

-0.04 (3.23%)

Day's Change

1.18 - 1.26

Trading Volume

33,489,100


101 people like this.

223,466 comment(s). Last comment by dompeilee 14 hours ago

flydelta

177 posts

Posted by flydelta > 2 days ago | Report Abuse

More virus coming....

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 days ago | Report Abuse

Breaking news:
California Declares Bird Flu Emergency.

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/74010
Our View
We are mildly positive on the proposed exercises. The proposed bonus issue serves to reward the existing shareholders for their continued support to Supermax. In addition, the proposed bonus issue would likely increase the share liquidity further.

Meanwhile, the free warrants would allow shareholders to further increase their equity participation in Supermax and benefit from any potential capital appreciation arising from the exercise of the warrants.

Impact
No change to our FY25-27 forecast, pending completion of the exercises.

Valuation
Maintain Buy on the stock with a TP of RM1.37 based on 0.8x FY26 P/B.

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

TA the 1st IB upgrade supermx to $1.37..

Ok...eventhough is too low target price but acceptable for further review

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

Top glove announcement warrant bonus on 10Oct rising from 1.03to 1.39 about 40%

SUPERMX up 40% will be from 1.10 to 1.54 after warrant announcement yesterday

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

美元冲2年新高 令吉跌破4.50!
https://www.chinapress.com.my?p=4230867

This is another breaking news...

Asp adjusted to reflect strong ringgit
But, runggit become weaker so forex earning g + price adjustment..

Double bonus:)

mf

29,385 posts

Posted by mf > 2 days ago | Report Abuse

7106 SUPERMX, SUPERMAX CORPORATION BHD - +
MULTIPLE PROPOSALS
19 Dec 2024, 12:36
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
SUPERMAX CORPORATION BERHAD ("SCB" OR THE "COMPANY")I. PROPOSED BONUS ISSUE OF
SHARES; ANDII. PROPOSED BONUS ISSUE OF WARRANTS(COLLECTIVELY REFERRED TO AS THE
"PROPOSALS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

mf

29,385 posts

Posted by mf > 2 days ago | Report Abuse

2024-12-19

Price Target

Supermax Corporation Berhad - Proposed Bonus Issue and Free Warrants
Source : TA, Price Call : BUY, Price Target : 1.37
Last Price : 1.24, Upside/Downside : +0.13(10.48%)

Posted by Yi Long Mask > 2 days ago | Report Abuse

Afternoon should be over 1.37 to exceed TA Target Price

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

We refer to the earlier announcement dated 18 December 2024 in relation to the Proposals.

On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 19 December 2024.



This announcement is dated 19 December 2024.

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

Request for bursa approval the 2nd day of bonus announcement.

SUPERMX efficiency shows that to rush for certain timing to release the warrant for big goreng

Posted by Yi Long Mask > 2 days ago | Report Abuse

Yes, Topglove took about 1 months to submit to bursa, supermax super efficien

Posted by Yi Long Mask > 2 days ago | Report Abuse

Supermax want bonus share and warrant issue before Trump in the president office so that can big goreng with high Tariff

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

Supermx may want to ride on the hot top glove warrant goreng once listing..
SUPERMX do not wangtto miss the boat after 3 years waiting the best timing

Posted by EngineeringProfit > 2 days ago | Report Abuse

Any late afternoon or midnight SUPERMAn RETURN show today?

mf

29,385 posts

Posted by mf > 2 days ago | Report Abuse

collect

dompeilee

11,888 posts

Posted by dompeilee > 2 days ago | Report Abuse

TIME'S RUNNING OUT!!! C'mon shorties! You have to cover back your NAKED positions & lo$e your ill-gotten gains of the last 3 years!👋💸💥

mf

29,385 posts

Posted by mf > 2 days ago | Report Abuse

Gabenor California Gavin Newsom pada Rabu mengisytiharkan darurat berikutan wabak selesema burung H5N1 yang telah menjangkiti 34 orang di negeri itu, lapor Xinhua.

Menurut pejabat gabenor, pengisytiharan itu dibuat susulan pengesanan kes dalam lembu tenusu di ladang di California Selatan, "menunjukkan keperluan untuk meluaskan lagi pemantauan dan mengukuhkan pendekatan yang diselaraskan di seluruh negeri bagi membendung serta mengurangkan penularan virus."

Ikuti berita terkini di https://grid.astroawani.com/
#AWANInews

Posted by Yi Long Mask > 2 days ago | Report Abuse

Nice, closed at 1.24. tomorrow limit up in the morning before Topglove result out in the afternoon

dompeilee

11,888 posts

Posted by dompeilee > 2 days ago | Report Abuse

💃!Shorties fed their own BITTER medicine!🤺 Celebrated 2 days in a row!! Yesterday, Black Canyon coffee, 2day Secret Recipe!! Money is no object!🙆

Short-sellers' losses based from outstanding position yesterday on avg price done 2day = $116,058.72📉📉📉

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

$1.24 up 2c..
This shld be the way.. Inching up slowly 1c, 2c...
It can move up strongly steadily to $2

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

We are peaceful on mind welcoming Christmas and New Year celebrations with Super Glove

Posted by Yi Long Mask > 2 days ago | Report Abuse

This type of going up can go up to RM8 from 1.24 now, buy more to keep

Alistino G

574 posts

Posted by Alistino G > 2 days ago | Report Abuse

Ya, ya,,,, this morning, I parked at 1.17 to accumulate when I noticed it was softening but unsuccessful. 😀

Posted by JalanTembok > 2 days ago | Report Abuse

A toast to Supermax for bringing investors good cheers & prosperity!

Posted by Yi Long Mask > 2 days ago | Report Abuse

Tomorrow is a great day, superman go go go

Alistino G

574 posts

Posted by Alistino G > 2 days ago | Report Abuse

Yup, as Christmas gifts from Supermax.

pang72

51,982 posts

Posted by pang72 > 2 days ago | Report Abuse

https://www.sinchew.com.my/news/20241219/international/6161429
Califonia declares state of emergency due to bird flu..
No wonder Supermx glove big sell to US

Alistino G

574 posts

Posted by Alistino G > 2 days ago | Report Abuse

When Reuters Advert screen block the page, you click "Continue without supporting us" at the bottom of that Advert screen.

Posted by Yi Long Mask > 2 days ago | Report Abuse

Wow, more problem like bird blue, covid , H1N1 more benefit for Supermax, double turbo together with more Tariff on other countries, tomorrow Supermax will go up with turbo engine

flydelta

177 posts

Posted by flydelta > 2 days ago | Report Abuse

Not only virus, but battle and war, needs....1,24 is still good.

dxbman

905 posts

Posted by dxbman > 2 days ago | Report Abuse

SUPER STRONG BUY

Eagle77

7,053 posts

Posted by Eagle77 > 2 days ago | Report Abuse

Bird flu easy to tackle la guys ✅ treat to human very2 low just control the movement of animals and do culling then everything will be normal ✅

Eagle77

7,053 posts

Posted by Eagle77 > 2 days ago | Report Abuse

Prediction price will be downtrend ⬇️🩸due to profit taking and no big deal of bird flu easily to tackle ✅

boon1515

425 posts

Posted by boon1515 > 2 days ago | Report Abuse

ya cut cut cut,eagle77 is the most smart godlike investor, love u deep deep to hole

calvintaneng

56,893 posts

Posted by calvintaneng > 2 days ago | Report Abuse

hahaha Eagle77 is here

with a purpose

he missed Tsh so he spoke bad

after Tsh dropped he bought

then he turned to be champion spokesman for Tsh for a while

after Tsh up he sold and after he sold he turned and talked bad about Tsh again

what kind of character and behaviours this guy got?

Inconsistent to the core

So do not pay attention to his antics

Just hold tight all your precious Supermax

and if got extra cash just add more on any weakness

if not enough money?

then cutloss in other less promising stocks and switch to Supermax

Supermax will go uptrend for years 2025 to 2029 in TRUMP2 POWER

TRUMP2 WILL SEE TO IT THAT SUPERMAX BUILD ITS PHASE TWO, PHASE THREE AND PHASE FOUR FACTORIES IN FULL COMPLETION

HE WANTS TO SEE US CITIZENS GET EMPLOYED IN SUPERMAX FACTORIES

AND FOR THAT WE CAN BE SURE

dompeilee

11,888 posts

Posted by dompeilee > 2 days ago | Report Abuse

Shorties' kVkV WILTED [after peeing in their pants] with short interest halving yesterday from the day before after losing over $116,000 between them just yesterday & perhaps over $1 mil since 3 weeks ago!💸💥📉 Need 2 be punished further for trying to earn without putting their own skin in the game!


Such a GREAT CHRISTMAS this year! Topped only perhaps by 2017 when Sino Hua-An became a daily ATM machine that eventually dispensed almost $60,000 !

Posted by Yi Long Mask > 2 days ago | Report Abuse

Topglove fixed the exercise price of the new warrant at 1.27 with new warrant issue date on 12 January 2025

If supermax follow the exercise price same like Topglove at 1.27

With 5 share free 1 bonus share and 20 share free 1 warrant, supermax price should be around 1.52 before issue the bonus share and free warrant.

Yes, it's 1.52 before January 2025

calvintaneng

56,893 posts

Posted by calvintaneng > 2 days ago | Report Abuse

Rm1.52?

Sounds very familiar

Used to buy Supermax at Rm1.50 (round one)

It went up to Rm3.00 and up 100% so i took profit

Then Supermax gave free bonus

So i bought 2nd round at Rm1.50

And true to uniform pattern
It doubled to Rm3.00 and i sold again

Then in April 2020 i bought Supermax at Rm1.73

It was the best cycle of all
Supermax up more than 1,000% over Rm18.00 and sold

Now Supermax again?

Will it follow the same pattern

Success begets Success

Alistino G

574 posts

Posted by Alistino G > 1 day ago | Report Abuse

Another good opportunity for all.

Alistino G

574 posts

Posted by Alistino G > 1 day ago | Report Abuse

Eagle77,
Pick up, don't have to wait as you may miss the opportunity... The longer you wait, the higher the price would be...

FAInvestor

273 posts

Posted by FAInvestor > 1 day ago | Report Abuse





Calvin,
Last time you bought at 1.50 (round 1) & (round 2) and sold at 3.00 is it right before the bonus ?


calvintaneng

Rm1.52?

Sounds very familiar

Used to buy Supermax at Rm1.50 (round one)

It went up to Rm3.00 and up 100% so i took profit

Then Supermax gave free bonus

So i bought 2nd round at Rm1.50

And true to uniform pattern
It doubled to Rm3.00 and i sold again

Then in April 2020 i bought Supermax at Rm1.73

It was the best cycle of all
Supermax up more than 1,000% over Rm18.00 and sold

Now Supermax again?

Will it follow the same pattern

Success begets Success

43 minutes ago

mf

29,385 posts

Posted by mf > 1 day ago | Report Abuse

collect

Alistino G

574 posts

Posted by Alistino G > 1 day ago | Report Abuse

In this current Supermax farm, let's ask ourselves, what animal are we. Bear, Bull, Chicken or Pig? With all the information available, it is quite unthinkable that anyone would be a Pig. Many are are Bulls as we are very bullish. However, we may have noticed, there are many Chicken too as they "riuh satu kampong bila bertelur sabiji". Familiar ?

Alistino G

574 posts

Posted by Alistino G > 1 day ago | Report Abuse

Jangan marah, ya... Gurau jer.

Posted by Yi Long Mask > 1 day ago | Report Abuse

Wow, USD 4.50 now, supermax made in USA and sell in USA, will rocket up. Good job Stanley

Posted by NatsukoMishima > 1 day ago | Report Abuse

Wages in USA also skyrocket my little boy ! Net loss is a normal thing for glove company in USA

Posted by NatsukoMishima > 1 day ago | Report Abuse

Ytl , ytlpwr , ranhill , vstec = Malaysia DC King in future ! No need to attack because US n Europe already stock pile many gloves for future 4 years , 20 % tariff on Malaysia glove will make glove companies loss money again ! Hot money all move to MALAYSIA DC KING IN FUTURE !

Mini2021

1,505 posts

Posted by Mini2021 > 1 day ago | Report Abuse

So chai ....Supermx using AI, wages ur head.... dont want study now at here bull shit...

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