Highlights
KLSE: SUPERMX (7106)       SUPERMAX CORP BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
6.31   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 17,167 Million
NOSH: 2,721 Million
Avg Volume (4 weeks):32,378,361
4 Weeks Range:5.38 - 7.54
4 Weeks Price Volatility (%):
83.69%
52 Weeks Range:1.30 - 24.44
52 Weeks Price Volatility (%):
25.82%
Average Price Target: 20.70
Price Target Upside/Downside: +14.39
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#1]  |  27-Oct-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  25-Feb-2021
T4Q P/E | EY: 13.30  |  7.52%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.7781  |  8.11
T4Q NP Margin | ROE: 42.48%  |  60.96%

Headlines

Date Subject
20-Jan-2021 GLOVEs rebound on expanded MCO
19-Jan-2021 Supermax compares with Hartalega - Koon Yew Yin
17-Jan-2021 SUPERMAX: WILL IT BE TAKEN PRIVATE?
16-Jan-2021 Is the Big Gloves Short Over?
16-Jan-2021 SUPERMAX: HOW WILL GLOVE USAGE FOR VACCINATION IMPACT ITS EARNINGS
13-Jan-2021 Supermax will report a new record profit - Koon Yew Yin
12-Jan-2021 Agong declares emergency should increase the demand for gloves - Koon Yew Yin
12-Jan-2021 BIG FOUR GLOVEs offer plenty of upside: Kenanga
12-Jan-2021 Gloves: Zero Short Positions Closed for the Entire Last Week
11-Jan-2021 Short Selling - Rubber Gloves: Bungee Bounce
10-Jan-2021 Supermax update target price - Koon Yew Yin
10-Jan-2021 Short Sellers caught with pants down - Koon Yew Yin
09-Jan-2021 热门股:速柏玛 上挑RM8.55
09-Jan-2021 Gloves: The Bad Guy Loses (From Time to Time)
08-Jan-2021 GLOVEs oversold? Maybe, judging by analysts’ target prices
08-Jan-2021 Traders Brief - Grossly oversold; Building base near 1560-1570 levels
07-Jan-2021 疫情恶化估值诱人 手套股全线上扬
05-Jan-2021 EPS comparison of 4 largest glove companies - Koon Yew Yin
05-Jan-2021 The Big (Gloves) Short
05-Jan-2021 Supermax price plunging is so ridiculous - Koon Yew Yin

Business Background

Supermax Corp Bhd is an investment holding company. The company is an international manufacturer, distributor, and marketer of high-quality medical gloves. It offers various types of latex gloves, which are exported to over 155 countries around the world. The company is organized into the following operating segments, Investment Holding, Manufacturing of Gloves, Trading of Gloves and Others. It has operational footprints across America and Canada, Europe and Asia. The company's largest end market by revenue is the America.
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  82 people like this.
 
RiverOfSilver Today, the demand for rubber gloves is so overwhelming that major rubber glove manufacturers have an order waiting list of more than 12 months
20/01/2021 9:31 PM
pertamina This ts wahid should be kick out from bursa. Such a very lazy old man. Should retired already.
20/01/2021 9:35 PM
gemfinder https://www.theedgemarkets.com/article/pfizer-vaccine-appears-effective-against-coronavirus-variant-found-britain-%E2%80%94-study
20/01/2021 9:35 PM
pharker You guys let them, moneymaker and the lot , do their job la. They need to squeeze in a few more rounds of shake off, maybe to cover shorts, or to shake off retailers, or to minimise warrants loss upon expiry..whatever reasons..the price needs to be beaten down b4 rebounding.

If you have bullets, wait at the right price to average down, otherwise, get some pop corn and watch the show and learn to see how stocks are manipulated. In the end, this learning experience will benefit you in your future investment .

Not everyday you can see such a Grand scale manipulation, local news media, JP Morgan, mega shorting, KWSP, all rolled into one.
20/01/2021 9:37 PM
greedy44444 Jan. 18, 2021By Sarah Mervosh
Source: The New York Times

The California state epidemiologist has recommended that the state pause the distribution of more than 330,000 doses of the Moderna vaccine after a “higher than usual” number of people showed signs of a possible severe allergic reaction.

The recommendation comes at a dire moment in California, which is experiencing one of the most acute outbreaks in the nation. About 40,000 people are testing positive each day — the equivalent of the daily caseload for the entire United States as recently as September — and California’s hospital beds are filling up.

The state epidemiologist, Dr. Erica S. Pan, made the recommendation “out of an extreme abundance of caution” after several people who received the vaccine at one community clinic needed medical attention in the span of 24 hours. Each appeared to experience a possible “severe” allergic reaction, and officials recommended not using other vaccines from that batch until an investigation was completed, the health department said in a statement on Sunday.
20/01/2021 9:38 PM
gemfinder https://klse.i3investor.com/blogs/savemalaysia/2021-01-20-story-h1540067468-Gloves_not_required_Ismail_Sabri_says_after_online_video_of_police_fini.jsp
20/01/2021 9:38 PM
greedy44444 Unreliable vaccine
20/01/2021 9:38 PM
gemfinder https://klse.i3investor.com/blogs/savemalaysia/2021-01-20-story-h1540067468-Gloves_not_required_Ismail_Sabri_says_after_online_video_of_police_fini.jsp
20/01/2021 9:41 PM
pertamina Only coward like muhyiddin wearing gloves. Vaccines coming also still want to declare darurat. Support Anwar who question about the darurat.
20/01/2021 9:58 PM
Targeted @Stockisnotfun Where got undervalued? Last year PE ratio also 12 only.

You drop until 5 then i say is overly undervalued.

>>>>>>>>>>>

So you actually know what going to happen and what you going to say....... ... lol... will you be wailing undervalued then....... hahahaha.....
20/01/2021 10:00 PM
Maxsuper If next QR Super doesn't limit up to 8rm it will keep falling till the next next QR n dy many trapped at 7rm n 8rm ready to sell....
20/01/2021 10:00 PM
Ibelieve https://www.thestar.com.my/news/nation/2021/01/20/pm-pays-a-visit-to-maeps-20-integrated-hospital

PM knows gloves are important.
20/01/2021 10:05 PM
gemfinder Kyy oso sold. Wait u waiting
20/01/2021 10:06 PM
williamtkb Tomorrow can collect lower? RHB buy call and Maybank start asking people buy too.
20/01/2021 10:11 PM
bullpiano Is it a classic "short and distort" campaign????

4/Jan
Shorties short sell 106mil TG shares.
TG Share price downfall from RM6.10 to RM5.50
% of Total TG Net Short Position 1.52%

6/Jan
TG closing price RM5.76

7/Jan
“US investor in Malaysia’s Top Glove raps board of directors over worker safety” at 3:11pm
“The vote against Top Glove’s INEDs amid migrant workforce woes” at 3:21pm
“MSWG: Local institutions should emulate Blackrock’s sternness By Devanesan Evanson” at 3:23pm
“Don’t take Blackrock and Norges Bank’s rebuke lightly, groups tell Top Glove” at 3:25pm
4 desperate post within 20min hoping to press down the price
TG closing price RM5.80

8/Jan
TG closing price RM6.50
% of Total TG Net Short Position 2.62%

13/Jan
“Glove Sector - Earnings will peak in 1H2021” reported by AMInvest
“Glove bear JP Morgan tells clients gloves ain’t needed during vaccinations”
Posted in Theedgemarkets.com
TG closing price RM6.63

17/Jan
“Canadian TV shows secret camera footage from Top Glove factory” posted in FMT

18/Jan
TG closing price 6.34
% of Total TG Net Short Position 2.76%
TG Total Net Short Position (Volume) 225mil
20/01/2021 10:22 PM
bikay101 Prices cannot drop continuously every other day. But the short term trend is down.

So either we stay away or change the way we trade
20/01/2021 10:28 PM
bullpiano 4/Jan
TG Open RM:6.10 Close:RM5.50
Shortist had to spend RM573.22 mil with 106mil shares to bring down TG by RM0.60
Shortist average cost was RM5.40

Up to date, shorties had spend RM1.241 bil with average selling price of RM 5.247 ( not considering some position that had been closed)

Assuming that shortist TP is RM4.247 to make RM1.00 (19%) profit.
How many shares do they need to short in order to hit the TP?
By Bursa rule maximum Net Short Position is 4%
As on 18/Jan, TG Net Short Position 2.76%.
Room for shortist is 4% - 2.76% = 1.24% = 103 mil shares
But today (20/Jan) TG closing price is RM6.14, isn’t that shortist have very limited room to push down until hitting the TP price?
Do shortist have other strategy to press down the price?
20/01/2021 10:29 PM
glovefinish All talking about the greater demand for gloves and the coming super quarter result of supermx. All these don't have much effect for pushing up the stock price if no hot money and big players involved in its speculation and only the retailers purchase.

According to homily chart analysis, all glove counters including supermx now mainly involve retailers trading but no hot money and big players involved in speculation. Without their speculation to push up the price, supermx can't go up much and to be stagnant at current price level or further drop when its excellent quarter result out later and even the gloves demand being greater.
20/01/2021 10:38 PM
Icon8888 Sounds good

https://www.theedgemarkets.com/article/pfizer-vaccine-appears-effective-against-coronavirus-variant-found-britain-%E2%80%94-study
20/01/2021 10:42 PM
SureWin1Woh Too many CWs going to expire soon. IB in action again....
20/01/2021 10:45 PM
kltower HK chan lah you glovefinish, everyday repeat same story from 9am to 11pm.

hell door is waiting for you, karma goes to you one day you car accident send for emergency operation, doctor has no glove to give treatment you die in hospital because EVERYDAY you curse glove.
20/01/2021 10:45 PM
John8882020 Die small news. No die big Big news.
20/01/2021 10:46 PM
glovefinish The significant and continuous price rising of stocks must have hot money, short term funds and big players play roles in speculation can't only rely on its company good fundamentals alone.
20/01/2021 10:48 PM
kltower hot your ci.bai lah glovefinish, hell door is waiting for you, karma goes to you one day you car accident send for emergency operation, doctor has no glove to give treatment you die in hospital because everyday you curse glove from morning to night.
20/01/2021 10:49 PM
glovefinish Why u all so scared of the short selling. It suppose to be good and benefit to u because u can top up at cheaper price to average down your portfolio cost. Then u can hold your loving glove stocks tight tight as long-term investment until next new pandemic come even though supermx to be bearish stagnant at low price level after the short selling.
20/01/2021 10:59 PM
Targeted .Yes,
glovefinish-ing all over the world......... Lol
20/01/2021 11:01 PM
Targeted .
Requests for nitrile gloves doubled between November and December, reflecting the increasingly severe glove shortage


Twice as many gloves were requested from Get Us PPE in November as in October.

The global demand for nitrile gloves has reached 585 billion this year according to the Health Industry Distributors Association, but manufacturers are only able to produce 370 billion at current levels.

https://getusppe.org/nitrile-glove-shortage/

>>>>>>>>>>>>>>

The business-end is what matters......

Mouth watering prospects.......... Yum! Yum!
20/01/2021 11:02 PM
bikay101 One month after Pfizer vaccine rollout in UK and US more positive news for gloves are appearing. Even some IBs are calling for glove counters.
Yet the improved sentiment cannot save prices from still dropping.

All this drama in Malaysia is due to the huge number of warrants issued end 2019 and early 2020.

Then covid 19 struck and it became such a global pandemic that resulted in supranormal profits for Top Glove and company.

Of course those early warrants were priced too low! How could anyone envisage the scale of this pandemic?

Had the warrants being backed by their 'mother' shares then no problem would arise. But they were meant to become worthless b4 expiry so none were backed.

Either face substantial financial loss, even existential threat, or force the share prices down. What course of action was eventually taken is a no-brainer.
20/01/2021 11:07 PM
bikay101 So you think any positive news can help prices meanwhile?
20/01/2021 11:16 PM
bikay101 We should say a BIG 'Thank You' to all the naysayers in this forum.
They warned us of the risks here.
20/01/2021 11:18 PM
John8882020 Very easy to push the price up until cannot stop.??? Big4 merge become super super super super big. What do u think???
20/01/2021 11:21 PM
newkid The way old fox lure ppl into hengguan,AT, comfort n few times in TG n Supermax for quick profit, you think local IB will push up for him to run this time !! His ave. cost is above 7.8 ,now he is trapped in his margin acct !!!!!!
20/01/2021 11:27 PM
newkid The way old fox lure ppl into hengguan,AT, comfort n few times in TG n Supermax for quick profit, you think local IB will push up for him to run this time !! His ave. cost is above 7.8 ,now he is trapped in his margin acct !!!!!!
20/01/2021 11:27 PM
Trump2020 Sell tomorrow https://asia.nikkei.com/Business/Health-Care/Thailand-ramps-up-medical-glove-production-as-it-chases-Malaysia?fbclid=IwAR1-9Mhx7w_HLeUU9PvLvcB-RTvUBfPLckF9Vaa3bQC8OIqaV7ocP8XP_tA
20/01/2021 11:33 PM
staedy Trump is already a history...
20/01/2021 11:55 PM
staedy oh it is 21st already Biden has sworn in as US president and hopefully new dawn and good progress for glove rebounding

btw @Ibelieve happy birthday and hope your wishes come true.
21/01/2021 12:03 AM
greedy44444 Jan. 18, 2021By Sarah Mervosh
Source: The New York Times

The California state epidemiologist has recommended that the state pause the distribution of more than 330,000 doses of the Moderna vaccine after a “higher than usual” number of people showed signs of a possible severe allergic reaction.

The recommendation comes at a dire moment in California, which is experiencing one of the most acute outbreaks in the nation. About 40,000 people are testing positive each day — the equivalent of the daily caseload for the entire United States as recently as September — and California’s hospital beds are filling up.

The state epidemiologist, Dr. Erica S. Pan, made the recommendation “out of an extreme abundance of caution” after several people who received the vaccine at one community clinic needed medical attention in the span of 24 hours. Each appeared to experience a possible “severe” allergic reaction, and officials recommended not using other vaccines from that batch until an investigation was completed, the health department said in a statement on Sunday.

Unreliable vaccine !!
21/01/2021 12:23 AM
Targeted . We have started delivery of millions of masks to the government in Canada since early October 2020,” it said.

Beyondfit.....? Not cheapo masks...... Lol

Since early October.........just nice..... Factored in or not? Lol

https://www.theedgemarkets.com/article/bumper-1q-glove-maker-supermax-net-profit-rises-over-30-times-rm790m
21/01/2021 12:35 AM
Targeted The Ministry of Economy Announces Funding for the ShapeShift3D Beyond-Fit ™ Mask Project

Montreal, May 14, 2020: - The Quebec Minister of Economy and Innovation announced, on May 12th, the funding of five scientific and technological projects, related to the COVID-19 pandemic. Through the Pan-Canadian Industrial Consortium for Research and Innovation in Medical Technologies (MEDTEQ), the Shapeshift3D reusable mask customization project was selected from several hundred applications. Financial support from the provincial government will help accelerate the development and design of the Beyond-Fit ™ mask.

https://www.shapeshift3d.com/post/the-ministry-of-economy-announces-funding-for-the-shapeshift3d-beyond-fit-mask-project
21/01/2021 12:39 AM
Targeted .Following NIOSH’s decision to suspend new applications for N95 masks from suppliers located outside of the United States, Health Canada, the Public Health Agency of Canada (PHAC) and the National Research Council of Canada (NRC) will work together to support Canadian manufacturers wishing to propose an alternative to N95-certified respirators, while adhering to the same testing and quality requirements.



This is great news for Shapeshift 3D whose Beyond-Fit™ mask, perfectly adjusted to each individual, could be among the first to achieve 95PFE certification. This approval will open the doors to widespread deployments in hospitals and in industries where workers are exposed to hazardous dust.



Aurelia, partner of Shapeshift 3D for the manufacture and distribution of the Beyond-Fit™ masks, will soon perform pre-tests with the CTT Group in Saint-Hyacinthe (Quebec) (https://gcttg.com/en/). Once these pre-tests have been successfully completed, the masks will be sent to the NRC for final certification.



“We are thrilled by Health Canada’s announcement regarding the Canadian 95PFE certification for respirators. In addition to our Health Canada manufacturing license, we have already completed all ASTM standard tests on filter material with Nelson Labs. These results confirmed our filters will provide protection and overall performance levels adequate for use during surgical procedures. The upcoming R5 testing of the Beyond-Fit™ Mask is the final step in the complete certification for all Canadian markets.” explains Aurelia’s Director of Innovation and Marketing, Gabriel Coulet.



https://www.shapeshift3d.com/post/canadian-can95-certification-equivalent-to-n95-for-respiratory-masks
21/01/2021 12:52 AM
ProsperousRealm Aah got some good news for gloves
21/01/2021 4:06 AM
ProsperousRealm Don't throw your glove stocks yet
21/01/2021 4:07 AM
ProsperousRealm Invesment analyst expects glove stocks to perform strongly in 2021

https://www.freemalaysiatoday.com/category/nation/2021/01/20/dont-take-off-glove-stocks-yet-says-analyst/
21/01/2021 4:08 AM
ProsperousRealm So, you see, gloves only suitable for serious mature intelligent sensible smart patient long term investors
21/01/2021 4:11 AM
ProsperousRealm Gloves not suitable for short term panicking frenzied gambling monkeys
21/01/2021 4:11 AM
Targeted All Beyond-Fit/Beyond-Masks cerifications completed 27 Sep 2020,

https://mybeyondmask.com/pages/see-tests-results

Supermax as reported on 27th Oct, in Edge, started supplying millions of masks to Canadian Govt. since early October 2020

Again I repeat, this not cheapo masks..... Lol

Factored in or not?...... Lol
21/01/2021 4:46 AM
Targeted .
Supermax not Ali Ah Kau company la........dont miss the boat.... Lol

Superb planning and foresight by Stanley......premium grade company...

Did you enjoy the main course last year?

Now ready for Michelin UHP 7 star desert or not?

Hehehe........ Mouth watering in anticipation....yummy!

Know what UHP stands for?

Hehehehehe.....................clue --> can do U-turn at high speed!..........lol... Strap on your 4 point harness properly! ........... Hehehehehe.......
21/01/2021 4:47 AM
pertamina Fundamental is dead. Fundamental is dead. Fundamental is dead. Fundamental is dead. Fundamental is dead. Fundamental is dead.
21/01/2021 7:21 AM
PZOGRO HOT!

MY REMISIER SAYS THOSE WHO BOUGHT 2 DAYS BEFORE COULD TAKE BIG BIG PROFITS!

FLY FLY FLY!
21/01/2021 7:32 AM
pertamina Stop being a liar.
21/01/2021 7:52 AM


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