SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

1.07

Today's Change

-0.01 (0.93%)

Day's Change

1.07 - 1.09

Trading Volume

4,312,900


104 people like this.

226,039 comment(s). Last comment by FAInvestor 4 hours ago

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

the near term catalysts:
1. approval of bonus shares n warrants soon
2. usa production starts soon

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

Alistino,do you know how many private jets Lim threw into the ocean by supporting Topglove at RM8? he badly need an advise.

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

Harta leading and once rm4 break, all glove will fly

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

How much do private jets cost?
On average, you can expect to pay between $20 million and $30 million for a used ultra-long-range heavy jet and up to $65 million for a new model.9 Nov 2024

Alistino G

799 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝐘𝐞𝐬, 𝐠𝐨𝐨𝐝 𝐩𝐢𝐜𝐤 𝐚𝐧𝐝 𝐜𝐚𝐧 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐚𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐫𝐢𝐜𝐞.

Alistino G

799 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝐒𝐦𝐚𝐥𝐥 𝐣𝐞𝐭 𝐚𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐢𝐬 𝐜𝐡𝐞𝐚𝐩 𝐢𝐧 𝐔𝐒 𝐛𝐮𝐭 𝐭𝐡𝐞 𝐩𝐚𝐫𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐚𝐢𝐧𝐭𝐞𝐧𝐚𝐧𝐜𝐞 𝐰𝐨𝐮𝐥𝐝 𝐜𝐨𝐬𝐭 𝐚 𝐥𝐨𝐭. 𝐇𝐞 𝐛𝐨𝐮𝐠𝐡𝐭 𝐡𝐢𝐦𝐬𝐞𝐥𝐟 𝐚 𝐜𝐨𝐧𝐝𝐨 𝐚𝐭 𝐅𝐥𝐨𝐫𝐢𝐝𝐚 𝐥𝐚𝐚...

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

Whatever assets Stanley bought is better than throwing money into the ocean.
Assets can appreciate.Money gone is gone for good.
Thus Supermx shud overtake Topglove.

rchi

21,457 posts

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

Yes, Ah Thai smarter than Tan Sri

Ah Thai use the cash earn during covid to build more factory in USA

Tan Sri use the cash earn from covid to share buy back Topglove at RM8 with few hundreds millions.

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

The money invested in USA by supermax now the land price increase and best is start production this month to generate more profit.

SBB by Topglove at RM8 nownonly left with 16% which mean loss about - 84%.

Alistino G

799 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝐈 𝐡𝐚𝐯𝐞 𝐚 𝐥𝐨𝐭 𝐨𝐟 𝐫𝐞𝐬𝐩𝐞𝐜𝐭 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐅𝐮𝐧𝐝𝐬. 𝐖𝐢𝐭𝐡 𝐭𝐡𝐞𝐢𝐫 𝐩𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐭𝐨𝐨𝐥, 𝐟𝐥𝐮𝐢𝐝, 𝐭𝐡𝐞𝐲 𝐜𝐨𝐮𝐥𝐝 𝐝𝐞𝐜𝐢𝐝𝐞 𝐰𝐡𝐢𝐜𝐡𝐞𝐯𝐞𝐫 𝐝𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐟𝐥𝐨𝐰 & 𝐭𝐞𝐦𝐩𝐨. 𝐖𝐢𝐭𝐡 𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐱, 𝐭𝐡𝐞𝐲 𝐰𝐨𝐮𝐥𝐝 𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐥𝐲 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐦𝐚𝐱𝐢𝐦𝐢𝐬𝐞 𝐭𝐡𝐞 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐚𝐧𝐝 𝐰𝐨𝐮𝐥𝐝𝐧'𝐭 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐦𝐢𝐬𝐬 𝐢𝐭. 𝐖𝐞, 𝐬𝐦𝐚𝐥𝐥 𝐟𝐫𝐢𝐞𝐬... 𝐣𝐮𝐬𝐭 𝐭𝐮𝐦𝐩𝐚𝐧𝐠 𝐥𝐚𝐚... 𝐋𝐎𝐋

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

https://finance.yahoo.com/quote/300677.SZ/

China gloves bearing the full weight of usa 50% tariff.Looks like china virus did not help to stem the decline.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

And so china gloves' loss is our gain.

Alistino G

799 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝐂𝐡𝐢𝐧𝐚 𝐥𝐨𝐜𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐨𝐮𝐥𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭. 𝐓𝐡𝐢𝐬 𝐝𝐞𝐜𝐥𝐢𝐧𝐞 𝐢𝐬 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

I dont think local funds hv much to do with current glove rally.
As i recall,when jp morgan downgraded topglove,our ib's were still giving sky high targets.
Local boys are always a bit late.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

CCP now have their hands full.Their latest problem is USA Trump Tariffs.
Will they support a minor industry like gloves?while their phd n masters graduates only see a 33% employment rate,not to mention the ordinary graduate .

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

Employment is the big issue everywhere...China....Usa....Bolehland....etc

Alistino G

799 posts

Posted by Alistino G > 1 month ago | Report Abuse

𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚 𝐛𝐨𝐥𝐞𝐡 𝐤𝐨𝐰𝐭𝐢𝐦 𝐦𝐚𝐚

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

Ya ka Alistino? And PMX darent even to make public the arrangement between petronas n sarawak re the sarawak gas issue...lol

calvintaneng

57,874 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Exactly

People fear Trump but not for holders of Supermax

FAInvestor

441 posts

Posted by FAInvestor > 1 month ago | Report Abuse

Look like Supermax profit taking today.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

2 of top 4 closed green.
Supermx after a 50 sen gain last month closed slightly red,which means nothing.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

we need additinal catalysts like approved bonus issue or usa factory starts production to rise further....

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

next week we shall get the good news..

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

in fact all gloves incl asean gloves are steady despite good increases last yr.....

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

To be on Trump's side is never wrong.

pang72

52,347 posts

Posted by pang72 > 1 month ago | Report Abuse

.... Gloves are damn strong...
Rest a while is Obsolutely good
.
The next rally will be $1.40

Income

13,241 posts

Posted by Income > 1 month ago | Report Abuse

Do you know the Stanley almost kicked out his wife from Superman due to Stanley buying a private jet in USA. This leads to Supermac’s boardroom tussle between Stanley Versus his wife and his daughter.

pang72

52,347 posts

Posted by pang72 > 1 month ago | Report Abuse

Eventhough no Catalyst in near term however supermx will still fly after reporting next 2 QR which expected gradually reflects the higher Asp.

pang72

52,347 posts

Posted by pang72 > 1 month ago | Report Abuse

So, Feb is next QR out..
Stay cool

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

Supermax rest for today, tomorrow rocket up.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

aiyo,where need to wait till feb,next week approve bonus issue will march towards 1.5,usa factory starts production 1.6

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

some more usd index flying non stop is a positive too,so many positives.....rm 2.56 laiii

ScotFree

164 posts

Posted by ScotFree > 1 month ago | Report Abuse

Dompeepee wants soar high share but don't want to buy many many lots? 😜

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

https://www.investing.com/currencies/us-dollar-index


usd,the higher the better for gloves

Posted by JalanTembok > 1 month ago | Report Abuse

Don't worry, be happy. Current retracement is temporary for the best is yet to come. Envisioned Supermax achieve higher share price above 1.40 by next week. 😎

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

Too many positives.Every retracement is an opportunity to add.

FAInvestor

441 posts

Posted by FAInvestor > 1 month ago | Report Abuse

Stocks don't go up in the straight line. Don't worry.

FAInvestor

441 posts

Posted by FAInvestor > 1 month ago | Report Abuse

For the past 3 trading sessions has been red due to profit taking. Tomorrow is expected to be green.

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

Look at wall street futures now,deep green.
In fact supermx follow wall street,being a beneficiary of Trump's MAGA.

FAInvestor

441 posts

Posted by FAInvestor > 1 month ago | Report Abuse

1.35 is a strong resistant touched 3 times but fail to break above. Let's monitor close on tomorrow trading session

pang72

52,347 posts

Posted by pang72 > 1 month ago | Report Abuse


Wow!! US stock in deep green.... Hoho:)

rchi

21,457 posts

Posted by rchi > 1 month ago | Report Abuse

How else to welcome new POTUS?

Alistino G

799 posts

Posted by Alistino G > 1 month ago | Report Abuse

"rchi
Too many positives.Every retracement is an opportunity to add."
𝐃𝐢𝐝 𝐲𝐨𝐮 𝐚𝐝𝐝?

gick891214

936 posts

Posted by gick891214 > 1 month ago | Report Abuse

Demand of gloves will be increased

sniper123

307 posts

Posted by sniper123 > 1 month ago | Report Abuse

rchi, where u get info nex week confirm bonus approved and where u get info tis mth production starts in texas us??

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