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2 days ago | Report Abuse
YTL and YTL power trade value 350 million / total 850 million..... aiyo epf so hardowrking rading to trap people?? haha from 3.9 drop to 2.7 ...nvm later 1.7 ..... need find more customer ....Natsuu are u sell agent from Kwsp??/ how much they give u commision ?
2 days ago | Report Abuse
So chai ....Supermx using AI, wages ur head.... dont want study now at here bull shit...
4 days ago | Report Abuse
Cimb Maybank already sapu gao gao supermx ...... only ikan bilis still blur blur...
5 days ago | Report Abuse
Harta 100,000 units RM 420,000 ..... Supermx 400,000 units RM 420,000..... supermx up to RM 4 = RM 1.6 million ....Do your own mathematics ...
5 days ago | Report Abuse
will limit up 30% .....1.4-1.5 just dunno which day.
6 days ago | Report Abuse
Elon Musk Tesla move to Texas .....Supermx become neighbour of Elon Musk ....they must be very close friend soon...
1 week ago | Report Abuse
Pang72: 2025 capacity 4.8B....they can full capacity...
1 week ago | Report Abuse
I ady said ....USA will give lower tax to Supermx ...SUPETMX RESULT WILL BOOM starting MARCH 2025 on ward......no time for you to buy....after the smart shark collect all at bottom price...
1 week ago | Report Abuse
TAIPEI, Taiwan — President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago.
He has not offered many specifics, but China is already arming itself for economic battle.
“Six years of really intense, focused preparatory work has gotten the top leaders in Beijing ready to deal with whatever comes down the pike,” said Even Pay, an analyst with research firm Trivium China.
Here’s a look at how the showdown between the world’s two largest economies played out the last time Trump was in office and where things might be headed now.
1 week ago | Report Abuse
US factory worth RM 4 billion at least and able to print gloves like print money how to go low?? The only way is UP!!!
1 week ago | Report Abuse
1.1.2025 ....DONALD TRUMPH WILL FULLY BAN CHINA GLOVES!!!!!!!!!!!!!
1 week ago | Report Abuse
100000000%%%%%%%%%%%%% BAN CHINA GLOVE GOGO GO>..
TOMMOROW LIMIT UP
1 week ago | Report Abuse
TOMMOROW LIMIT UP!!!!!!!!!!!!
AMMA Hails New Bill from Chairman John Moolenaar (R-Mich.) to Revoke Chinese Communist Party’s Favored Trade Status
November 15, 2024
Today, the American Medical Manufacturers Association (AMMA), representing domestic makers of personal protective equipment (PPE) and medical supplies, urged Congress to support a new bill from U.S. Rep. John Moolenar to take drastic actions to hold China accountable for its unfair trade practices.
AMMA Executive Director Eric Axel said, “For far too long, Chinese-made masks, syringes, gloves, and other critical supplies have flooded the US below market rates, undercutting our domestic manufacturing base and national resilience. Empowering ‘Made in the USA’ isn’t just patriotic—it’s practical and, in some cases, the law. Moolenaar’s bill is a clarion call to put American workers and our great manufacturers first and keep China out of our critical supply chain.”
The American Medical Manufacturing Association (AMMA) fully endorses Representative Moolenaar’s bill to end favored trade relations with China. This legislation represents a necessary shift toward an “America First” approach to manufacturing that prioritizes our workers, strengthens our economy, and protects our nation’s health and security.
For years, we’ve seen American jobs shipped to China while public policy and market choices damaged our domestic manufacturing base. The COVID-19 pandemic exposed just how dangerous this dependency is, as frontline healthcare workers struggled to get basic protective gear and essential medical supplies.
Axel added, “The Communist Party of China’s control over critical PPE not only jeopardized American lives but made clear that a nation guided by unfair competitive practices and seizing global power is no place to source our life-saving equipment.”
Moolenaar’s bill creates a fair playing field for American manufacturers, empowering us to bring jobs home, restore our industrial strength, and support American workers. This policy implements gradual but significant tariffs on Chinese imports.
This bill’s provision to strip de minimis treatment for low-value imports from China is long overdue. The policy, rife with proven abuses, has allowed Chinese goods to slip into the U.S. without proper inspection and fees, giving the CCP an unfair advantage while undermining American quality standards. AMMA has long called for reforming this practice.
AMMA believes this bill is a boon for American workers and national security. We urge Congress to support this legislation and send it to the President. It will help secure our supply chain and protect our economy by prioritizing our country's and workers' needs. It's time to bring critical manufacturing home and prioritize America’s health, jobs, and independence over China's profits.
1 week ago | Report Abuse
MAKE IN USA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
December 5, 2024
The American Medical Manufacturers Association (AMMA) submitted comments on the proposed rule to implement the Make PPE in America Act. AMMA applauds the Department of Homeland Security (DHS) for its commitment to strengthening domestic PPE manufacturing. Implementing this critical legislation represents a vital opportunity to boost U.S. manufacturing, significantly improve public health preparedness, and enhance national security.
Current market conditions underscore the urgency of the situation. The fragility of the domestic supply chain is evident, and the need is great to add more US PPE and medical supply producers. Swift and decisive steps from DHS are crucial to reverse this trend and ensure a resilient and sustainable domestic PPE industry.
DHS Can Offer Longer Contracts and Transparent Volume Commitments To stabilize the domestic production network, DHS can take action to extend PPE contract durations beyond the proposed two-year minimum. Longer-term contracts provide manufacturers with critical predictability to make capital investments, scale operations, and hire skilled workers. Additionally, DHS can include clear minimum or estimated procurement volumes in its contracts. Transparent volume commitments are vital for manufacturers to optimize production planning, reduce risks, and sustain operations. The domestic PPE industry needs these measures to recover and expand.
Clarify Definitions and Align Exceptions with Industry Needs DHS can refine its definitions of domestic PPE to reflect market realities. Specifically, DHS can distinguish between "wholly domestic PPE," produced entirely in the U.S., and "domestically manufactured PPE," which includes items like nitrile gloves made with imported raw materials. Such clarity ensures compliance with the Act while recognizing the necessity of sourcing specific components internationally due to domestic supply shortages.
Additionally, DHS can explicitly address the role of Ability One and similar network providers in procurement. These programs, which often repackage imported products, should be categorized to ensure alignment with the Act’s domestic manufacturing priorities. For example, DHS can create a separate category for repackaging operations to promote transparency and prevent these activities from inadvertently favoring foreign production. This is particularly relevant for products like nitrile gloves, where bulk imports are frequently repackaged domestically.
Address Waivers and Prioritize Domestic Producers AMMA emphasizes that DHS can limit the use of waivers that inadvertently prioritize foreign producers over U.S. manufacturers. Waiver use can focus on supporting U.S. manufacturers that use Trade Agreements Act (TAA)-compliant components rather than granting broad exemptions that weaken domestic production. Additionally, exceptions for programs like Ability One can be narrowly tailored to prioritize domestic production while supporting their critical mission of empowering disabled workers.
Provide Clearer Guidance for Implementation DHS can adopt a phased approach to domestic content requirements, particularly for products dependent on developing U.S.-based raw material sources. Regular engagement with industry stakeholders and detailed certification guidance can also minimize administrative burdens and address challenges as they arise.
1 week ago | Report Abuse
You want to buy cheap ?? Aiyo Supermx Boss ady said ma.... 50% impose on China can make US manufacture survive....additinal 10% is bonus..... tak nak belajar during AGM Ponteng la......AGM dont want attend simply hoot ...
1 week ago | Report Abuse
Tomorrow 9th day long margin call for big shark see how they push down ...i think they no power to push down
1 week ago | Report Abuse
Boss will give free treasure shares and also cash dividend when start to earn big...
1 week ago | Report Abuse
At least RM 2 end of 2025....if got luck RM 3.....200% earn WHY NOT? wait for what???
1 week ago | Report Abuse
US factory expansion sudah siap ma...you all never join AGM?? aiyo yoyoyoyoyo...... all the major cost ady pump in ....you alll still sleeping.... hahahaha Supermx boss said you can challenge and give any question to him next AGM... face to face...
2 weeks ago | Report Abuse
Next AGM boss said you can meet him and ask any questions...face to face be gentlement ..... TP RM3 before next AGM
2 weeks ago | Report Abuse
If institutions don't want to collect, let me collect ....
2 weeks ago | Report Abuse
Must dream ...so sad you cant dream ..
3 weeks ago | Report Abuse
Limit Up Supermx!! Trumph will hit Topglov Harta and Kossan
3 weeks ago | Report Abuse
Stanley Thai said ...come and face to face to meet next AGM , you can challenge me any question ... Apa Tunggu Lagi?
3 weeks ago | Report Abuse
Boss very confident and challenge you come and meet me next AGM face to face lol
3 weeks ago | Report Abuse
CEO very confident ady ...apa tunggu?
3 weeks ago | Report Abuse
CEO said ... see you next AGM ...face to face...
3 weeks ago | Report Abuse
OMG 47 million additional sales even the low contract end by December!!!
3 weeks ago | Report Abuse
Harta- RM 3.5 ...Kossan-RM 2.4 Topglov RM 1.15 .....Supermx ???????? Halo sapu sapu...tunggu apa?? tunnggu RM 1.5???
3 weeks ago | Report Abuse
Topglov RM 1.15.... This one still RM 0.865 omg Short Seller so good press the price so hard for you all to buy.... simply can closs over RM 1.0.... RM 1.2 is bonus... easily 30-40% profit.... Good look today AGM
3 weeks ago | Report Abuse
Share buy back 2,000,000 units today... very good..... banker keep short boss keep buy
1 month ago | Report Abuse
Why you not able to see fund buy supermx ? tell me why..
1 month ago | Report Abuse
2 years ago, I totally disagree Boss purchase private Jet...... but today I'm totally agree... In US you need private Jet if not Donald Trumph will not play golf v you.
2 months ago | Report Abuse
You come back another 6 months ...no need to grandmother story...
2 months ago | Report Abuse
Adrian Tan: Shameful on you... Supermx will reach RM 5 within 18 months....mark my word.
2024-09-13 06:25 | Report Abuse
Keep BUY, higher MYR1.04 TP (DCF) from MYR1.01, 27% upside. 4QFY24 (Jun) core profit swing back to the black (MYR6.4m), bringing Supermax Corp’s FY24 core losses to MYR36m. Results were lower-than-expected, as SUCB has continued to execute low-price contracts for two years at certain distribution and manufacturing plants since 1QFY23. Nonetheless, we see the light at the end of the tunnel, premised on its recovery in profitability, given that global demand for gloves are gradually picking up.
Results overview. SUCB reported a core profit of MYR6.4m in 4QFY24 (3QFY24: -MYR15m). Core profit was primarily adjusted for MYR27m (impairment of PPE), MYR72.9m (write-down of high price inventory), and additional tax charged at certain manufacturing units for prior years (amounting to MYR30.8m). On a sequential basis, the group saw higher sales (+25.6% QoQ), attributed to the increase in sales orders as customers ramp- up their stock replenishments. Assuming a blended ASP of USD20.50/1,000 pieces, this should work out to an estimated volume sold of 1.85bn pieces during this quarter (implying a 22% QoQ growth).
Cost outlook. We expect key raw material costs to normalise in the coming quarters on the back of lower nitrile prices (4% lower in 3Q24 as at August). Meanwhile, natural gas prices are set to be lower QoQ in 3Q24 (-8% QoQ as at August) on the back of a lingering global demand outlook.
Operating landscape turns favourable. Industry demand-supply dynamics continue to show signs of recovery on: i) The inventory destocking cycle coming to an end, ii) improving order visibility (with recent July exports showing signs of improvement; +11.8% MoM), and iii) customers being more receptive of price hikes. With the industry excess capacity gradually phasing out, we expect the gloves industry to achieve demand-supply equilibrium by 2H24. All in, we retain our view that gloves demand will continue picking up in the coming quarters, as client inventory levels continue to deplete – this is on top of gloves inventory levels (stockpiled since 2020) approaching their expiry dates (typical shelf life for gloves: 3-5 years).
Earnings adjustments. Post results, we raise our FY25F earnings (FY26 unchanged) by 5%, taking into account of a favourable cost outlook that should be able to offset against the weakening USD/MYR exchange rate. Our TP is incorporated with a 14% ESG discount, as SUCB’s 2.3 ESG score is below our 3.0 country median. Post our earnings adjustment, our DCF-derived TP is now raised to MYR1.04. Our TP implies 0.9x FY25F P/BV against its pre- COVID-19 historical mean of 1.3x.
Key risks: Higher-than-expected sales volumes, weaker-than-expected USD against the MYR, and lower-than-expected raw material prices.
2024-09-12 18:10 | Report Abuse
Mr Lim bought RM8 , supermx bought RM 0.8
2024-09-12 08:07 | Report Abuse
Boss share buy back 170,000,000 units... still can purchase 100,000,000 units....
2024-09-06 15:46 | Report Abuse
AI , Bank and Property all are over!!!!! you can see fund move their money to the low price stock...... just look at HARTA and Topglov how KWSP sapu.....those who still holding AI stock congratulation....
2024-09-03 14:36 | Report Abuse
Short seller short supermx kaw kaw.... Boss sharebuyback kakaka... shortseller now dilemma
2024-09-01 21:14 | Report Abuse
I warm you guys...one day Supermx will reach RM 10
2024-08-29 08:23 | Report Abuse
You buy Magnum and Toto better ... Morning buy , Evening harvest or people harvest you... fast result
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Ah Thai is building a liability in US instead of an asset. Asset generating positive cashflow, liability generating negative cashflow. 😂
Posted by CharlesT > 11 hours ago | Report Abuse
Ah Chai spent Co's RM1B+ for shares buyback n the current value is abt 10% left
AH Thai spent RM1B+ to build plant in US n we will see...
2024-08-29 08:22 | Report Abuse
One off charges- RM 147 million ..... - RM 127 million= RM 20 million nett profit...
wakakaka you can sell I want to sapu...
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
11 hours ago | Report Abuse
I called Trump just now ....he will attend Supermx opening ceremony ...