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2015-08-03 11:48 | Report Abuse
I am waiting for correction before re-enter. Finger cross-hopefully make another round
2015-08-03 11:33 | Report Abuse
maxmax....Thanks for the tips...not sure what good news you have in hand....but the hike and volume this 3 few days really suprising..glad to make some money in this counter...I will enter again
2015-08-03 11:19 | Report Abuse
the hike start since last Thursday....punter who enter close to T+3...unless more fresh buying from big shark....profit taking is coming soon for those due on T+3
2015-08-03 11:13 | Report Abuse
who catch at today high 2.67 now leg shaking for sure
2015-08-03 11:10 | Report Abuse
I want to enter again if drop to nice price
2015-08-03 08:31 | Report Abuse
news from sinchew daily
疑炒作紅股‧速柏瑪寫1年新高
2015-08-01 10:54
(吉隆坡31日訊)股價改寫一年盤中新高的速柏瑪(SUPERMX,7106,主板工業產品組),雖未否認有意派發紅股的消息,卻也懷疑股價遭到炒作。
速柏瑪:文告為準
該公司高層接受《星洲財經》訪問時,拒絕透露公司是否派發紅股,僅表示公司最新動態一切依據文告為準。
不過,他也強調:“公司股價上升,可能是市場投機份子借助美元走強的消息,藉故炒作。”
速柏瑪今日開高走高,盤中一度起22仙至2令吉49仙,改寫一年盤中新高,尾盤漲幅收窄至19仙,終場收在2令吉46仙,全天共有1千965萬6千500易手股。
theedgemarkets.com引述不願具名的消息人士稱,該公司近期可能宣佈企業活動,如紅股等,相信是促使其股價上揚的潛在原因,惟在該公司正式宣佈前,一切都是謠言。
他認為,多只手套股近期漲勢不俗,包括頂級手套(T O P G L O V,7113,主板工業產品組)、賀特佳(HARTA,5168,主板工業產品組)等,相比下,速柏瑪2013年至今徘徊於2令吉左右,顯得比其他手套股廉宜,不排除是這個原因吸引投資者買進該股。
今日收市,頂級手套下跌26仙至7令吉62仙,賀特佳則上升1仙至8令吉64仙。( 星洲日報/財經‧報道:謝汪潮)
2015-07-31 09:50 | Report Abuse
Should hold or profit taking?
2015-07-31 09:21 | Report Abuse
What is the root cause a? Going up quite fast
2015-07-30 16:15 | Report Abuse
.something wrong...going up so fast
2015-07-30 15:38 | Report Abuse
Positive sign for good quarter result coming soon
2015-07-30 15:14 | Report Abuse
2.20 now...what is cooking ?
2015-07-13 21:26 | Report Abuse
2015-07-13 20:35 | Report Abuse
Anyone got their dividen already on 8 July? I checked my maybank account still not yet receive the dividend http://www.bursamalaysia.com/market/listed-companies/company-announcements/4754485
2015-06-23 17:10 | Report Abuse
Today manage to hold tight yesterday gain..not bad
2015-06-22 15:43 | Report Abuse
Wow...some surprise...boom
2015-06-16 15:57 | Report Abuse
Any other news from today annual meeting?
2015-06-10 14:04 | Report Abuse
Shit.....commercial gas price increase. Higher cost for glove maker http://m.malaysiakini.com/news/301302
2015-05-26 15:34 | Report Abuse
Today volume not very high...only near to 1 million ringgit transaction...big fish not start to action yet...wonder will they throw or keep accumulate...although the latter unlikely
2015-05-26 10:17 | Report Abuse
Power88...I have the same feeling too...with all those advantage on strong USD, cheaper latex...how could supermax did lower revenue and lower profit compare to other glove company...slow expansion, low productivity definitely signify lowsy management
2015-05-25 19:55 | Report Abuse
Latest financial result out dy....another counter with no surprise.....profit lesser than previous quarter despite stronger usd....what the fxxk...other glove counter like kossan does fairly well better than previous quarter ...zzzz
2015-03-25 15:46 | Report Abuse
Another boring day....huhu
2015-03-16 16:55 | Report Abuse
Oh shit....investor don't like contact lenses business?
2015-03-16 11:08 | Report Abuse
Supermax to diversify into contact lenses
By Wei Lynn Tang / The Edge Financial Daily | March 16, 2015 : 8:55 AM MYT
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KUALA LUMPUR: Supermax Corp Bhd ( Financial Dashboard), the world’s second-largest rubber glove maker by volume, is understood to be diversifying into the contact lens business, according to sources.
Two sources told The Edge Financial Daily that the company is getting its production line to manufacture contact lenses ready for commissioning in June or July.
“[Datuk Seri Stanley] Thai sees potential in this [contact lens] business; he sees there is demand in the market,” said a source, referring to the group’s executive chairman-cum-group managing director.
“Supermax has established its distribution network globally, and this new business segment will seek to leverage on that and also serve as an alternative revenue stream for the company,” another source added, noting that this business segment is lucrative, with gross profit margins of up to 60%.
In fact, Supermax (fundamental: 1.0, valuation: 0.6) last year in March announced to Bursa Malaysia that it had incorporated a 98%-owned subsidiary known as SuperVision Optimax Sdn Bhd.
The remaining 2% in SuperVision Optimax is held by Ting Chong Chai. According to online reports, Ting was the head of engineering and technical development at Clearlab, said to be the world’s first biocompatible daily disposable contact lens manufacturer.
SuperVision Optimax has an authorised share capital of RM5 million, with an initial issued share capital of RM100.
The rationale for incorporating SuperVision Optimax, cited Supermax, was to add additional product lines into its existing global distribution network and overseas distribution centres.
“The intended principal activity of SuperVision Optimax is to carry on the business of manufacturing, sales, marketing and distribution of related healthcare products to the global markets and through the existing global distribution network and our overseas distribution centres,” said Supermax.
In a recent media interview, Thai was reported as saying that Supermax was venturing into a new generation business of “high-end medical devices” to diversify the group’s earnings base. The new business was not revealed.
Thai, was also reported as saying that the production of gloves will remain as Supermax’s core business.
Thai together with his wife and executive director Datin Seri Cheryl Tan, hold 35.6% of Supermax.
The manufacturing of contact lenses will most likely be operated at Supermax’s current manufacturing facility in Sungai Buloh, Selangor.
Analysts shared the view that the outlook for glove makers is better this year on the back of the stronger US dollar and weaker commodity prices. Local players have started to increase their capacities.
“This [diversifying] move could prove to be positive for Supermax, if they can afford to focus and execute it well. Note that Supermax has always been trading at a discount compared with its peers, as their expansion plans have been delayed,” an analyst with a local bank-backed research house told The Edge Financial Daily.
The analyst said one thing that has defined the Malaysian rubber glove sector, compared to other countries, is that it is focused.
Supermax was trading at a rolling 12-month price to earnings of 13.06 times, according to The Edge Research.
This compares with Top Glove Corporation Bhd ( Financial Dashboard)’s 17.29 times, Hartalega Holdings Bhd ( Financial Dashboard)’s 31.58 times and Kossan Rubber Industries Bhd ( Financial Dashboard)’s 24.41 times.
Supermax’s counter fell 18.1% from its opening to an intraday low of RM1.561 on Dec 15 when Thai and his wife were charged with insider trading.
It closed two sen lower last Friday at RM2.15, giving it a market capitalisation of RM1.45 billion.
The Edge Research’s fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations. Go to www.theedgemarkets.com for more details on a company’s financial dashboard.
This article first appeared in The Edge Financial Daily, on March 16,
2015-03-16 11:07 | Report Abuse
No buying interest this morning....
2015-03-16 08:37 | Report Abuse
Read the edge daily page 4 today....supermax to diversify into contact lenses.
2015-03-12 09:40 | Report Abuse
I believe I can fly....I believe I can touch the sky...haha
2015-03-11 08:08 | Report Abuse
This morning I check 1 USD=3.7162 myr....even iPhone 6 price increase yesterday 150 to 200 due to strong usd
2015-03-09 18:25 | Report Abuse
Nice article and info..tq bro
2015-03-09 17:45 | Report Abuse
Power88....where do you find this Chinese article? Tq
2015-03-04 10:59 | Report Abuse
Up 9% so far today....I cannot concentrate on my work....haha
2015-03-04 10:54 | Report Abuse
Right now 10.54 am supermax one of top 10 gainer ....up 17 cent Max....how far can it go?
2015-03-04 10:41 | Report Abuse
What happen today huh? Big fish coming out?
2015-03-04 10:29 | Report Abuse
I buy yesterday some more 1.98....now up 11cent :)
2015-02-26 11:39 | Report Abuse
Share price today dropping before result out today or tomorrow, sign of not so good result maybe?
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2015-08-03 12:35 | Report Abuse
Very tempting....