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2021-05-07 11:15 | Report Abuse
Totally agree those who speak of declining ASP (If any) did not mention the increase in the production level which will help to offset the declining ASP (if any). They have very obvious agenda for doing so. Have faith in the EXCELLENT financial results and the very large cash pile of the company.
2021-05-07 10:59 | Report Abuse
Sharemarket 21 do not worry. The company is making good use of their large sum of money to expand the productive business. The money is not just sitting ideally in the bank account. If you read the latest quarterly result the management very soon will be making the decision which site in USA they will locate their brand new plant. Will not be surprise soon they will make positive announcement. This will bring more revenue and profit to the company, Just imagine a plant inside USA the biggest and most lucrative glove market in the world !
In the meantime please look forward to receive the 13 sen dividend which has just declared.
Cheers.
2021-05-07 10:19 | Report Abuse
Wow based on the latest quarterly result the cash pile of the company has grown significantly to very large sum of RM3.986 Billion !. Take a moment to think about that.
Not many companies at Bursa have such very large sum of fund in their bank accounts especially in this very difficult economy environment. Now we have MCO 3.
What is more exciting is that there is a high possibility that the cash pile will be further increased by next quarter !
No wonder the company can now easily declare good rate of dividend.
Congratulations to all shareholders.
2021-05-06 08:40 | Report Abuse
What a fantastic outstanding Financial Result for the last Quarter.
Certainly ranks amongst the most profitable companies in Bursa for this very difficult and challenging economic time.
Revenue of about RM1.90 Billion.
Profit after Tax of about RM1.005 Billion
Earning per share for 38.83 sen
Dividend of 13 sen per share.
Congratulations to the shareholders of Supermx.
Not many companies in Bursa can post such a excellent quarterly result.
2021-05-05 19:00 | Report Abuse
A very good dividend of 13 cent. Shareholders of Supermx are rewarded. Look forwards to another bumper dividend in next quarter.
2021-04-30 17:05 | Report Abuse
after last few days of profit taking today closing price exceeding RM6 is a very strong positive sign.
2021-04-30 11:23 | Report Abuse
Wow. Your buy call is on track.
2021-03-17 13:11 | Report Abuse
There is alot of uncertainties and risks. TG 's dividend is indeed attractive but the price of the share may drop after Ex Dividend date Presently TG's price share is supported by the dividend. The decision is up to the investor.
2021-02-04 13:55 | Report Abuse
Reading from the latest blog will there be Special Dividend in the coming quarter due to the excellent financial results and very strong cash balance ?
2021-01-25 18:59 | Report Abuse
Wow Hartalega has reported excellent latest QR profit of RM1 Billion. Very confident that Supermx will report similiar or better profit in the coming QR. Congratulations to all existing shareholders. Looking forward to the generous dividend!
2020-12-23 17:27 | Report Abuse
https://www.malaymail.com/news/malaysia/2020/12/23/putrajaya-has-no-plans-to-hit-glove-makers-with-windfall-tax-dewan-negara-t/1934446
Very good news today for gloves companies. This is put a end once for all the so called untrue news on windfall tax.
Very bright prospects for the company with the forthcoming expected very financial performance and strong cash flow.
2020-12-23 09:03 | Report Abuse
Very fortunate NO cases from Supermx.
2020-12-22 09:22 | Report Abuse
The incorporation of Maxter Healthcare in USA is a very strategic move by the management of the company. It is to manufacture medical gloves and other personal protective equipment in USA.
Will bring very distinct competitive advantages to the company.
It will reduce drastically the lead time to supply the medical gloves and PPE to customers in USA and cut down the costs especially shipping costs.
Presently we understand that there is only 1 local company in USA producing gloves which is insufficient in producing the gloves.
It is a matter of time that Maxter Healcare will be able to seize a large portion of the lucrative USA market once their factories are set up.
A very smart and wise move by the management of the company.
Well done.
2020-12-21 21:31 | Report Abuse
Wow. Just announced that the company has recently incorporated a new subsidiary in Delaware, USA to manufacture medical gloves and PPE. The initial paid up capital will increase to USD100 million. The company certainly moves very fast. This is a very positive development for the company as it will enable the company to capture and secure the lucrative US market. Congratulations to the management for a well done job. Just image the company is the first glove company amongst the Big Four to set up factories in USA.
2020-10-27 17:21 | Report Abuse
A net cash position with cash & bank balances amounting to RM2.36 billion as of 30 September 2020 !!!
2020-10-27 17:19 | Report Abuse
Profit Before tax (“PBT”) increased by 3,134.2% to RM1.049 billion and Profit after tax (“PAT”) soared by 3,155.1% to RM812.49million.
Excellent Financial Performance. Congratulations to the shareholders.
2020-09-14 17:01 | Report Abuse
Another splendid performance today. Heavy volume with solid gains. Congratulations to shareholders who still keep their shares. Confident will be Green tomorrow.
2020-09-14 16:59 | Report Abuse
Another splendid performance today. Heavy volume with solid gains. Congratulations to shareholders who still keep their shares. Confident will be Green tomorrow.
2020-09-11 16:51 | Report Abuse
Wow such a very strong finishing. Luckily did not sell earlier.
This coming Monday will be Green again.
2020-08-12 14:45 | Report Abuse
A very good piece of detailed write up. Thank You very much for the hard work done.
2020-08-10 18:30 | Report Abuse
Profit after tax of RM408 million for last quarter is a very good financial result. Congratulations to all shareholders.
2020-07-15 13:39 | Report Abuse
When the next QR will be released ? Then we will have understand better the financial position of this counter.
2020-07-13 22:11 | Report Abuse
For the price to continue to go up it is upmost important that the next Quarter Result not only must be profitable but must show impressive improvement over the last quarter. All the best.
2020-07-08 09:48 | Report Abuse
Bursa price has already gone up to very high level. Is it overvalued ?
2020-07-06 16:28 | Report Abuse
Cimb just upgraded the TP for Supermx to RM12.80.
what will the new upgraded price of Comfort Glove ????
2020-07-06 16:26 | Report Abuse
Wow Cimb upgraded the Target Price to RM12.80 !!!. Congratulations to all the shareholders
who are holding the shares. Cheers.
2020-07-06 12:23 | Report Abuse
The way this counter is moving up. Not surprise that it will reach RM4.00 very soon.Cheers.
2020-07-06 10:31 | Report Abuse
Much earlier you shouted for people to sell the counter saying that the QR result of n94 % jump in PAT is not impressive. It is overvalued and only worth around RM2.00. Now you sell at RM3.50 !!!
2020-07-03 17:30 | Report Abuse
Every reason why Comfort Glove should do well in the coming weeks and months as they are expected to generate good profits.
2020-07-03 13:34 | Report Abuse
This is a very good stock with solid fundamental. Company is profitable with a very prudent level of debt. What more you want.
2020-07-03 13:02 | Report Abuse
Comfort Glove likes other glove companies are also very profitable. There is also the high possibility that the price will go higher with the better results in the next few Quarters. Why so many desperate people trying to convince the shareholders to dump and shift to the big 4. Surely the big 4 would have plentiful of their existing supporters. No need to snatch from here.
2020-06-29 20:49 | Report Abuse
Wondering which segment is more profitable if the medical segment is more lucrative than laundry machinery segment we hope that the company could invest more in the medical segment in its future plan.
2020-06-29 19:52 | Report Abuse
Kimgold we remember that you were very vocal and shouting that Comfort glove's latest Quarterly Result was not impressive although the net profit leaped by 94 per cent. You also said that the price was overvalued and should be around RM2/-. Are we correct? Now why you are you buying comfort glove at much higher price.?
2020-06-17 08:50 | Report Abuse
Comfort glove will lead the way.
2020-06-17 05:48 | Report Abuse
DJ Index is Green again with very soild gain of 526 points.
2020-06-17 05:47 | Report Abuse
Wow very solid gain for DJ index of 526 points. Will it again lead to good performance by Supermx ?
2020-06-17 05:44 | Report Abuse
Wow DJ Index is Green again with solid gain of 526 points. Very encouraging sign.
2020-06-16 17:44 | Report Abuse
Confident but no guarantee that the directors would have drawn up a roadmap to reward the shareholders as the directors are also the dominant shareholders of the company. It will be win win for all parties. Just wait for this Quarter ending this end June. Wow is it getting very exciting with so many options to reward the shareholders. Well it is up to the shareholders to run and take profit or wait for the promising results.
2020-06-16 17:38 | Report Abuse
In addition to the above if the directors throw in attractive dividends and capital restructuring such as as share split or bonus issue. Then the price will really shoot up.
2020-06-16 17:07 | Report Abuse
Congratulation to those who did not sell yesterday. Today posted solid gain of 28 sen.
If DW Index stays green tonight we will have another promising day tomorrow. DW Future Index up by 446 points !.
2020-06-16 17:03 | Report Abuse
Congratulations to those who did not sell yesterday. A very nice gin of 45 sen for today.
If DW Index remains green tonight (Future index is up 430 points) then we will have another promising day tomorrow. Cheers.
2020-06-16 16:28 | Report Abuse
DJ Future Index Up by 352 point.
2020-06-16 16:27 | Report Abuse
DJ Future Index Up by 353 points.
2020-06-16 16:26 | Report Abuse
DW Future Index up by 347 points.
2020-06-16 11:46 | Report Abuse
KLSE very green now. Up by almost 28 points !
2020-06-16 11:44 | Report Abuse
Now KLSE in very Green with a jump of 28 points.
2020-06-16 11:43 | Report Abuse
Wow the power of Supermx. The price nowshoot up by 63 sen.
2020-06-16 11:41 | Report Abuse
Wow now the price shoot up by 32 cent.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2021-05-07 13:26 | Report Abuse
Listing in S'pore to be put on hold and the treasury shares for the secondary listing might be distributed to the shareholders. Is it true ?