Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
1.69   -0.03 (1.74%)  1.68 - 1.73  2,500,000
41,667 comment(s). Last comment by KingOfStock at Apr 10, 2020 1:32 PM
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F1Trade
147 posts

Posted by F1Trade > Feb 25, 2020 7:42 PM | Report Abuse

BUY


gemfinder
1047 posts

Posted by gemfinder > Feb 25, 2020 7:48 PM | Report Abuse

Yoy drop


Maxam
320 posts

Posted by Maxam > Feb 25, 2020 7:53 PM | Report Abuse

https://www.thestar.com.my/news/regional/2020/02/25/who-world-may-need-to-brace-for-potential-covid-19-pandemic#.XlUJL3E6nrk.facebook


ATARAH
2429 posts

Posted by ATARAH > Feb 25, 2020 8:00 PM | Report Abuse

30 millions Profit.. wow ..
Tomorrow Possible up again... hopefully ...limit up..


firehawk
2973 posts

Posted by firehawk > Feb 25, 2020 8:02 PM | Report Abuse

result so so .... contact lens still not making money?


Rf888
228 posts

Posted by Rf888 > Feb 25, 2020 8:44 PM | Report Abuse

Newbie, sell to me.Hope tmr will big drop than i will continue buy big.


chief999
386 posts

Posted by chief999 > Feb 25, 2020 8:56 PM | Report Abuse

Hmm, this QR no dividend announce... looks like cash is used to purchase land for expansion and new equipment.. not sure if can give treasury shares as dividend? At least better than nothing... huhu


jjasonlim
736 posts

Posted by jjasonlim > Feb 25, 2020 10:20 PM | Report Abuse

@Atarah, don't say limit up, even can pass 1.7 also the problem


Max_Lui
25 posts

Posted by Max_Lui > Feb 25, 2020 10:48 PM | Report Abuse

simple maths, QoQ + 22%, increasing profit to 30m.. points to bullish uptrend. buy call.


12340987
20 posts

Posted by 12340987 > Feb 25, 2020 11:26 PM | Report Abuse

Please sell! Drop more.. Collect collect collect..


mf
15392 posts

Posted by mf > Feb 26, 2020 1:40 AM | Report Abuse

Dow Jones 27,633.301 -327.50 1.17%
Nasdaq 9,126.59 -94.687 1.03%


wbwanabe
122 posts

Posted by wbwanabe > Feb 26, 2020 4:39 AM | Report Abuse

If I am a foreign fund from US and trying to escape the bloodbath there, I would shift my funds to Msia glove stocks. So cheap with ringgit so weak, countries everywhere scrambling to stock on gloves and a virus that doesn’t seem to be stopping anytime soon, in fact spreading to more countries. Why Supermax- cheapest valuation amongst the big 4 plus they have extra capacity to cater for the increase in demands. Their productions prior to covid 19 was abt 75%, so there will be a huge jump in May reporting. Top gloves had reach their max capacity, that’s why now they are buying other smaller factories to cope with the glove demands. I have been collecting Supermax shares for many years and have attended every single AGM since the time I bought. My average price bought is very low (price before bonus 1:1 was between 1.84-2.40). Do I plan to sell it anytime soon? Nope! Going to hold them for 20 years. Ok....Ok....will try to hold for 20 years.


skybursa
1070 posts

Posted by skybursa > Feb 26, 2020 7:32 AM | Report Abuse

Yeah I'm waiting to re enter again. Sold all at 1.78. But I think it's best to wait a bit longer. Honestly glove counter are very defensive in nature


Prasadbahadu88
2 posts

Posted by Prasadbahadu88 > Feb 26, 2020 7:52 AM | Report Abuse

Eps is uptrend. That's a good sign. I will cont to keep


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 8:39 AM | Report Abuse

Only long term can remunerate u with big reward


chief999
386 posts

Posted by chief999 > Feb 26, 2020 8:52 AM | Report Abuse

based on previous announcement for final dividend, treasury shares is announced about half month later... hopefully we should see some announcement on this in March... shareholders should be entitled a bit on dividend (if not a cash, at least treasury share dividend)... if not gugu...


jiunn
696 posts

Posted by jiunn > Feb 26, 2020 9:02 AM | Report Abuse

+++Supermax Corp Bhd’s net profit in the second quarter ended Dec 31, 2019 (2QFY20)
declined 20.9% on-year to RM30.2mn from RM38.1mn, dragged by lower average selling
prices and higher production costs. The latest-quarter results dragged Supermax’s net profit
in the six-month period ended Dec 31, 2019 (6MFY20) down by 25.9% to RM54.9mn, from
RM74.1mn in the year-ago period. For 6MFY20, cumulative revenue grew 0.4% on-year to
RM755.4mn, from RM752.2mn. (The Edge)


kytan
2674 posts

Posted by kytan > Feb 26, 2020 9:03 AM | Report Abuse

Lol. Really have people selldown supermx. Other glove all up. Haha


kytan
2674 posts

Posted by kytan > Feb 26, 2020 9:03 AM | Report Abuse

They will regret later


chief999
386 posts

Posted by chief999 > Feb 26, 2020 9:05 AM | Report Abuse

i think they already regret... bcoz up already...


kytan
2674 posts

Posted by kytan > Feb 26, 2020 9:07 AM | Report Abuse

Let see today can hit 1.7 or not


Up_down
4046 posts

Posted by Up_down > Feb 26, 2020 9:07 AM | Report Abuse

The price will follow the covid 19 development instead of QR. Managed to pick ups some.


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 9:07 AM | Report Abuse

US order is end of Dec so only will reflect in next quarter


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 9:08 AM | Report Abuse

Keep now if not ur money no place to put also hehd


jiunn
696 posts

Posted by jiunn > Feb 26, 2020 9:19 AM | Report Abuse

Trading ideas for today: (MKE)

SUPERMX – BUY, CL: MYR1.55, R1: MYR1.72, R2: MYR1.86


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 9:20 AM | Report Abuse

Today will be up again.


jiunn
696 posts

Posted by jiunn > Feb 26, 2020 9:23 AM | Report Abuse

+++SUPERMX: MYR BREAKS 4,240......TARGET 5,000!!!! LOL!!!


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 9:26 AM | Report Abuse

Which is correct The edge or
Stock hunter and klse screener is correct .
The correct LAST QTR 24 MILLIONS NOW 30 MILIONS ..UP 22%. not last qtr 38 millions and drop 20%.
Which is correct ..the Edge report writer please check and if wrong ..please rectified.


Tedinvestor
440 posts

Posted by Tedinvestor > Feb 26, 2020 9:35 AM | Report Abuse

Buy


Frederick Foo
283 posts

Posted by Frederick Foo > Feb 26, 2020 9:39 AM | Report Abuse

Buy


jiunn
696 posts

Posted by jiunn > Feb 26, 2020 9:45 AM | Report Abuse

+++SUPERMX: MYR 4,30 COMING WHEN TM BECOMES PM-8 TODAY AGAIN!!! LOL!!!


stingray_ea
1395 posts

Posted by stingray_ea > Feb 26, 2020 9:47 AM | Report Abuse

run


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 9:50 AM | Report Abuse

Next target ..RM 1.71


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 9:52 AM | Report Abuse

Yes those wish to follow..yes can , run sell
Can no worry ...they are also right ..
Run sell ...if you are IDDS ..
Absolutely correct...


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 9:52 AM | Report Abuse

Next target Rm1.71


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 10:12 AM | Report Abuse

USD4.24


Miracles
273 posts

Posted by Miracles > Feb 26, 2020 10:30 AM | Report Abuse

Supermx will have more forex gains reflected in the next quarter result. And considering the virus thingy, the next quarter revenue will be very promising.


Up_down
4046 posts

Posted by Up_down > Feb 26, 2020 10:31 AM | Report Abuse

Temporary suppressing the share price. IBs don't even intend to sell their CW at fair prices ie C77 & C80.


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 10:39 AM | Report Abuse

I see.......that why they want price down


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 10:40 AM | Report Abuse

I ok I take car jack and jack it up..
How high ..Rm1.71 boss?
Ok I jack up


Rf888
228 posts

Posted by Rf888 > Feb 26, 2020 10:46 AM | Report Abuse

Why the price no drop today? Think have chance to buy big.


ATARAH
2429 posts

Posted by ATARAH > Feb 26, 2020 10:52 AM | Report Abuse

No more dropping loh...on the way up.


Dynasty
28 posts

Posted by Dynasty > Feb 26, 2020 10:57 AM | Report Abuse

What are you waiting for ?


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 11:41 AM | Report Abuse

They also written contact lenses business many countries have recognised, it will grow only as latex also important for non hospital use


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 11:42 AM | Report Abuse

Even their focus is not nitrile


Tedinvestor
440 posts

Posted by Tedinvestor > Feb 26, 2020 12:13 PM | Report Abuse

Just buy & the entire 2020 will be good business as the pandemic spread are still in early stage. No vaccine & no ideas how to prevent the contagious. It's a worldwide problems now. Demands of glove coming from all over the world


Newplayer286
1364 posts

Posted by Newplayer286 > Feb 26, 2020 12:22 PM | Report Abuse

US soldier stationed in South Korea tests positive for coronavirus as global outbreak worsens, news from cnbc. US will order more gloves only


Up_down
4046 posts

Posted by Up_down > Feb 26, 2020 12:29 PM | Report Abuse

Global demand of gloves will be exceeding the exiting capacity given wide spreading of virus. RM will be trending downward as crude oil hitting hard due to shutting down of business activities. This would increase the profit margin of glove manufacturers. Overwhelming demand plus high margin would certainly give a boost to their bottom lines.


stocksyndicate
726 posts

Posted by stocksyndicate > Feb 26, 2020 12:37 PM | Report Abuse

Buy call for me as well. I strongly believed the price will top 2.50 in 2020


singh1
970 posts

Posted by singh1 > Feb 26, 2020 12:38 PM | Report Abuse

and can we assume the price of gloves must have gone up as well due to demand much higher than supply. Correct me if I am wrong. Buyers have no choice but pay higher price.

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