SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.875

Today's Change

+0.015 (1.74%)

Day's Change

0.86 - 0.875

Trading Volume

4,748,300

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Discussions
99 people like this. Showing 50 of 222,425 comments

alenac

So what are you trying to say? Right now there are sizeable stocks not absorbed by the market till 2026.

1 month ago

ChloeCheong

@myinvestor. Do you know how many gloves Supermax's Texas factory can produce?

1 month ago

myinvestor

Supermax expects each phase to produce 400 million gloves/month (phase 1). When all four phases are completed, the facility will produce 19.2 billion gloves/year
@ChloeCheong
Do you know how many gloves Supermax's Texas factory can produce?

1 month ago

tradek

Thx for the update...
2nd Q - so fast. Any idea if equipment installation already started?

myinvestor

Maxter healthcare inc Texas, factory buildings electricity are connected already. Latest photo updates 6 hours ago. It seem SPMX factory could be ready for production probably in 2nd quarter.

1 month ago

myinvestor

Installation of plant and machinery
shall follow once the main civil and structural works are completed in year 2023 (qtr report). I believe the installation should be started in Jan 2024. Testing n commissioning of equipment should be completed before 2nd qtr.


@tradek
Thx for the update...
2nd Q - so fast. Any idea if equipment installation already started?

1 month ago

Investor126

US' operation will deplete the reserved cash very soon. The expansion is not as brigthful as most of you think.

1 month ago

tradek

Very optimistic... in fact my thinking is since we see the first electrification photo on yesterday you sent... i think installation of equipment could be only be starting now... installation and commisioning and test run, i think easily 6 months... perhaps 2 more quarters... then after test run if successful, need to submit samples to FDA for certification. my 2 cents...

Installation of plant and machinery
shall follow once the main civil and structural works are completed in year 2023 (qtr report). I believe the installation should be started in Jan 2024. Testing n commissioning of equipment should be completed before 2nd qtr.

1 month ago

EngineeringProfit

Reversal pattern is most profitable $$$

1 month ago

ChloeCheong

@myinvestor. Thanks for the info. I'm guessing the gloves they make in Texas must have higher asp because the labor costs are high there

1 month ago

myinvestor

Offset by shorter lead times, lower shipping cost, high quality products, high tax relief (saving 200m/year), Environmental compliance, No forced labor risk and no red sea crisis.

@ chloeCheong,
Thanks for the info. I'm guessing the gloves they make in Texas must have higher asp because the labor costs are high there

1 month ago

KimSua

US tariffs exclusion on Gloves imports from china will end on May 31st. I doubt they will extend this exclusion and impose back the25% tariffs. With trump in the presidency race, Biden will act tougher with China.
With US inflation under control and imports alternatives which will/can be well absorb and not pass down to consumers, high change on the import tariffs (especially covid19 category) to be reinstated. Let's wait for the news

1 month ago

ChloeCheong

Trump will be stricter on China. He will impose 60% tariffs

1 month ago

myinvestor

“Supermax’s American and Malaysian teams have been working very hard to manage the setting-up of the US operations and we are pleased to announce that construction of our first manufacturing facility will be substantially completed before the end of December 2023. The next stage will involve the installation of various manufacturing equipment including A.I., Automation and Robotics facilities. A technical team from Supermax Malaysia will be deployed to the US facility in various stages for commissioning of the manufacturing facility.

Recruitment drive start in middle of Year 2024.
https://www.businesstoday.com.my/2023/12/08/supermax-corps-usa-facility-ready-by-end-dec-2023/

1 month ago

ChloeCheong

Supermax is Andy-Hall Proof now 😁

1 month ago

EngineeringProfit

I'll back soon

1 month ago

younglean

Who will be back to where soon? 😏

1 month ago

KimSua

Glove manufacturers is US will not survived if the 25% tariffs is not reinstated. I don't think they will continue with this exclusion made during the Covid 19 emergency. Supermx will be the main beneficiary and all big 4 will benefit if this is true. Let's see.

1 month ago

myinvestor

GHSC-QA is publishing this list of manufacturers, included in US FDA Import Alert 80-04 (Published Date: 01/Dec/2023), with a recommendation to NOT procure medical gloves (examination or surgical) from these manufacturers.

Import Alert 80-04 (fda.gov) 2023.
Firm Country
Filta Safety Products Co Limited China
HUAGUANG MEDICAL PRODUCTS CO.,LTD. China
Jiayuan Medical Products Co., Ltd. China
Letcom Medical Products Co.,Ltd. China
Pinnacle Co., LTD China
SHANDONG BAISHENG MEDICAL PRODUCTS CO., LTD China
SHANGDONG TAIXIANG MEDICAL PRODUCTS CO., LTD. China
SHANXI HONGRUIDA HEALTH PROTECTION TECHNOLOGY CO LTD China
WeiLin Plastic And Rubber Products Company Limited China
ZEHUI GLOVE CO., LTD. China
ZIBO LANHUA MEDICAL PACKAGING MATERIAL CO., LTD. China
Zibo Yahao Supplies Co., Ltd China

1 month ago

5231428

Supermax will greatly benefit from the US ban on China gloves.

1 month ago

younglean

Supermax won't be kacau by andy lao hall, no more. ha

1 month ago

myinvestor

GHSC-QA is publishing this list of manufacturers, included in US FDA Import Alert 80-04 (Published Date: 01/Dec/2023), with a recommendation to NOT procure medical gloves (examination or surgical) from these manufacturers.
Import Alert 80-04 (fda.gov) Updated 28/2/24
Firm Country
Dongtai City Huayi Gloves, Co., Ltd. China
Filta Safety Products Co Limited China
Grand Work Plastic Products Co., Ltd. China
Guangdong Kingfa Sci. & Tech. Co., Ltd. China
HUAGUANG MEDICAL PRODUCTS CO.,LTD. China
Jiayuan Medical Products Co., Ltd. China
Jinzhou City Xinrui Plastic Products Co., Ltd. China
Letcom Medical Products Co.,Ltd. China
Pinnacle Co., LTD China
SHANGDONG TAIXIANG MEDICAL PRODUCTS CO., LTD. China
SHANXI HONGRUIDA HEALTH PROTECTION TECHNOLOGY CO LTD China
Shandong Yinghong Medical Products Co Ltd China
Syntex Healthcare Products Co., Ltd. China
WeiLin Plastic And Rubber Products Company Limited China
Wise Medical Products Co., Ltd. China
XIANGYUN MEDICAL PRODUCTS CO., LTD China
ZEHUI GLOVE CO., LTD. China
ZIBO LANGU NEW MATERIAL TECHNOLOGY CO., LTD China
ZIBO LANHUA MEDICAL PACKAGING MATERIAL CO., LTD. China
Zibo Intco Medical Products Company Limited China
Zibo Yahao Supplies Co., Ltd China
Zibo Yingbo Medical Products Co., Ltd. China
INTCO MEDICAL HK CO LTD Hong Kong
Tegamen Safety Products PVT. LTD. India
Latexx Manufacturing Sdn Bhd Malaysia

Intco Medical Hk CO LTD is in the FDA alert list.

1 month ago

tradek

re: Myinvestor

I saw maxter name also in the list, do you know if they are affected too? What is YY glove, YZ glove etc... ?

Maxter Glove Manufacturing Sdn Bhd
Date Published : 03/13/2024
Lot 6070, Jalan Haji Abdul Manan, , 6th Miles Off Jalan, Meru , Klang, Selangor, MALAYSIA
80 F - - MC Glove, Patient Examination
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - YY Glove, Patient Examination, Latex
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - YZ Glove, Patient Examination, Vinyl
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - ZA Glove, Patient Examination, Poly
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1
80 L - - ZC Glove, Patient Examination, Specialty
Date Published: 03/13/2024
Desc: Examination Gloves
Notes: *Level 1

1 month ago

myinvestor

Re: tradek
I saw maxter name also in the list, do you know if they are affected too? What is YY glove, YZ glove etc... ?

You may try this link to download whole Import alert in excel file. Under notes u can sort the year 2023,2024 to get the latest alert data.
https://ghsupplychain.org/sites/default/files/2024-03/USAID%20GHSC%20Medical%20Glove%20Manufacturers%20not%20recommended%20for%20procurement%20%28Uncontrolled%20Copy%29_04MAR2024.xlsx

1 month ago

tradek

Import Alert 80-04
https://www.accessdata.fda.gov/cms_ia/importalert_229.html

I saw over here... Not sure if its the right place... Although ur link dont show maxter in the list

1 month ago

Investor126

Imagine the loss widened with the upcoming quarter. Be prepared for the worst to come.

1 month ago

younglean

Loss widened due to huge capex?

1 month ago

ChloeCheong

When will Superman fly towards Rm1? 😗

2 weeks ago

ivanlau

Monday will gap down due to Supermax big share holder family issue , good luck guys....... foresee it will drop to 75 cents..........

1 week ago

Albukhary

I try to predict another way.
Monday will be gap up, as now both parties is trying to acquire more share in order control the company.
Foresee it will increase above 90 cents.

1 week ago

smartepf

You think why Tan Bee Geok want to get hold of her share ? To sell it la. This Thai already 60 still cannot let go!

1 week ago

alenac

It's more of an ongoing tussle between family members and Thai. The business also went down the drain due to the added fiasco of building a plant in the USA.

1 week ago

ChloeCheong

Their family feud is controversial, but it still moves up and breaks 80 cents. ha😁

1 week ago

Albukhary

Share price is 81sen, NTA is RM1.76.
Many land price has not revaluate.. After revaluate maybe RM2.50.
If you are Tan Bee Geok, you want to sell at 81sen?

1 week ago

alenac

Rps/big boss can support the price, but for how long?
ChloeCheong
Their family feud is controversial, but it still moves up and breaks 80 cents. ha😁

2 days ago

1 week ago

younglean

Company is also doing share buyback. Can support I think

https://klse.i3investor.com/web/insider/company/detail/I_77685_3414223836

1 week ago

EngineeringProfit

Can do SUPERMAN RETURN?

4 days ago

Investor126

Fireworks that will not last for long, soon retrace.

4 days ago

chunah

X
chunah Y on Y sales volumes more than double for this year QTR
29/04/2024 1:00 PM
X
chunah After 3 years wait
29/04/2024 1:01 PM
X
chunah Buy now at this dirt cheap price now
When big4 results out no more cheap price
Harta results out soon
Today or tomorrow

4 days ago

chunah

Still waiting
Will miss the boat

4 days ago

EngineeringProfit

Anymore SBB?

4 days ago

wbwanabe

Usually when there is a family tussle, share prices will go up because each party beh song and will try to accumulate from the market to enlarge what they have in order to control the company. More so when the price is way below the nta.

4 days ago

younglean

straight away goes up when Kossan's QR is out 😁

4 days ago

NatsukoMishima

This one beyond hope already due to family issue !

3 days ago

wbwanabe

You got read the article or not?. Already said it’s holding company, has no material effect on the listed company. From what I see when got such disputes, share prices usually go up due to some parties trying to get majority control.

3 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

(RM,000)
Quarter ___ Revenue ___ PBT ___ Net Profit ___ EPS (Cent) ___ ttm-Revenue ___ ttm-Net Profit
Q2 Dec 23 ___ 145,553 ___ -63,245 ___ -44,361 ___ -1.72 ___ 722,623 ___ -93,504
Q1 Sep 23 ___ 177,963 ___ 3,145 ___ -2,053 ___ -0.08 ___ 751,855 ___ -157,211
Q4 Jun 23 ___ 223,365 ___ -23,028 ___ -7,172 ___ -0.27 ___ 821,856 ___ -149,448
Q3 Mar 23 ___ 175,742 ___ -74,976 ___ -39,918 ___ -1.51 ___ 898,717 ___ -109,222
Q2 Dec 22 ___ 174,785 ___ -104,805 ___ -108,068 ___ -4.07 ___ 1,130,774 ___ -56,295
Q1 Sep 22 ___ 247,964 ___ 6,103 ___ 5,710 ___ 0.21 ___ 1,479,531 ___ 99,614
Q4 Jun 22 ___ 300,226 ___ 29,174 ___ 33,054 ___ 1.25 ___ 2,687,227 ___ 732,428
Q3 Mar 22 ___ 407,799 ___ 18,280 ___ 13,009 ___ 0.49 ___ 4,262,483 ___ 1,658,088
Q2 Dec 21 ___ 523,542 ___ 91,946 ___ 47,841 ___ 1.83 ___ 5,792,200 ___ 2,650,291
Q1 Sep 21 ___ 1,455,660 ___ 930,851 ___ 638,524 ___ 24.6 ___ 7,267,303 ___ 3,661,913
Q4 Jun 21 ___ 1,875,482 ___ 1,230,578 ___ 958,714 ___ 36.93 ___ 7,164,180 ___ 3,812,905
Q3 Mar 21 ___ 1,937,516 ___ 1,342,294 ___ 1,005,212 ___ 38.83 ___ 6,217,822 ___ 3,253,809
Q2 Dec 20 ___ 1,998,645 ___ 1,397,240 ___ 1,059,463 ___ 41.14 ___ 4,727,553 ___ 2,319,653
Q1 Sep 20 ___ 1,352,537 ___ 1,049,242 ___ 789,516 ___ 30.58 ___ 3,114,405 ___ 1,290,355
Q4 Jun 20 ___ 929,124 ___ 519,007 ___ 399,618 ___ 30.58 ___ 2,131,809 ___ 525,586
Q3 Mar 20 ___ 447,247 ___ 95,277 ___ 71,056 ___ 5.42 ___ 1,578,649 ___ 141,027
Q2 Dec 19 ___ 385,497 ___ 41,829 ___ 30,165 ___ 2.31 ___ 1,492,601 ___ 104,588
Q1 Sep 19 ___ 369,941 ___ 32,443 ___ 24,747 ___ 1.89 ___ 1,492,205 ___ 112,559
Q4 Jun 19 ___ 375,964 ___ 16,198 ___ 15,059 ___ 1.15 ___ 1,489,316 ___ 123,754
Q3 Mar 19 ___ 361,199 ___ 49,416 ___ 34,617 ___ 2.64 ___ 1,442,808 ___ 118,536
Q2 Dec 18 ___ 385,101 ___ 54,317 ___ 38,136 ___ 5.82 ___ 1,408,678 ___ 117,295
Q1 Sep 18 ___ 367,052 ___ 52,676 ___ 35,942 ___ 5.48 ___ 1,359,491 ___ 115,062
Q4 Jun 18 ___ 329,456 ___ 23,444 ___ 9,841 ___ 1.49 ___ 1,304,460 ___ 107,021
Q3 Mar 18 ___ 327,069 ___ 45,454 ___ 33,376 ___ 5.06 ___ 1,287,589 ___ 105,525
Q2 Dec 17 ___ 335,914 ___ 57,634 ___ 35,903 ___ 5.42 ___ 1,268,746 ___ 91,903
Q1 Sep 17 ___ 312,021 ___ 40,655 ___ 27,901 ___ 4.19 ___ 1,169,569 ___ 78,571
Q4 Jun 17 ___ 312,585 ___ 36,042 ___ 8,345 ___ 1.25 ___ 1,126,550 ___ 70,207
Q3 Mar 17 ___ 308,226 ___ 20,894 ___ 19,754 ___ 2.94 ___ 1,080,504 ___ 68,649
Q2 Dec 16 ___ 236,737 ___ 26,985 ___ 22,571 ___ 3.36 ___ 997,280 ___ 68,565
Q1 Sep 16 ___ 269,002 ___ 26,488 ___ 19,537 ___ 2.89 ___ 1,051,280 ___ 84,814
- Jun 16 ___ 266,539 ___ 34,783 ___ 6,787 ___ 1 ___ 1,092,146 ___ 103,732
- Mar 16 ___ 225,002 ___ 33,484 ___ 19,670 ___ 2.89 ___ 1,054,989 ___ 121,688
- Dec 15 ___ 290,737 ___ 46,263 ___ 38,820 ___ 5.71 ___ 1,053,195 ___ 126,965
- Sep 15 ___ 309,868 ___ 48,327 ___ 38,455 ___ 5.65 ___ ___
- Jun 15 ___ 229,382 ___ 29,538 ___ 24,743 ___ 3.64 ___ ___
- Mar 15 ___ 223,208 ___ 28,227 ___ 24,947 ___ 3.67 ___ ___

1 day ago

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