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2016-03-09 09:28 | Report Abuse
TopGlove, Kossan, Harta.. in the top 3 flying counters. Currently Supermax is inching up.. very slowly..
2016-03-09 08:27 | Report Abuse
Yup..Armada is the 1st casualty. Me think more similar news will be announced in due course.. especially with oil companies have to reduce their Capex, workforce and scrapped some plans too.. in order to reduce overheads..
2016-03-09 06:07 | Report Abuse
WTI and Brent crudes down quite heavily by 4.3% and 3.5% respectively. Brace for impact everyone.. gudluck.
2016-03-09 06:04 | Report Abuse
WTI and Brent crudes dropped 4.3% and 3.5% respectively. USD/RM up to 4.127 from 4.09 yesterday. Tocom Rubber dropped 1.3%. May Supermax continue the up trend today..
2016-03-08 23:50 | Report Abuse
Kelvin.. do note.. Skpetro has went up almost 40% since about a month of trading days ago.. thus profit taking is inevitable..
2016-03-08 20:38 | Report Abuse
Dont worry.. the lowest it will drop this week is 0.250 bcos if lower than that.. heavy panic sell-offs may happen and the strong supports will be weakened. Neeway.. make your own decision and trade with care ya.. gudluck all.
2016-03-08 17:12 | Report Abuse
Today USD strengthened to RM from 4.06 tyesterday to 4.12 currently..
2016-03-08 17:10 | Report Abuse
Currently USD strengthened to RM from 4.06 tyesterday o 4.12 today..
2016-03-08 17:07 | Report Abuse
Do note that Harta's EPS is lower than Supermax's and yet its PE is doubled. Its NTA also half of Supermax's. Maybe its time to move over to Supermax.. hmm..
2016-03-08 16:59 | Report Abuse
Supermax up 17 sen today with buy queue at 2.72 still intact at closing. Its not a small feat with high volume double the average. Looks like we may expect more uptrend.. but do make yr own judgement ya..
2016-03-08 16:25 | Report Abuse
At the top 4 now.. managed to hit 2.71.. bravo !!
2016-03-08 16:06 | Report Abuse
Nice to see Supermax in the top 10 gainers currently and as many as 4 of its warrants in the top 20 gainers % today.. congrats..
2016-03-08 14:25 | Report Abuse
Fuel is one of the major costs for airlines. As long as oil prices continue to rise or stay high, profit will eventually be squeezed tighter and tighter.. accept the fact..
2016-03-08 14:20 | Report Abuse
Those trading in Aax-Wa are brave people indeed @ 112% premium.. wow !!! Advise better trade in mom as the difference is only 13 sen..
2016-03-08 13:30 | Report Abuse
Oil prices maybe continue to drop today as storages are almost full due to no-reduction in supply and more dormant shale drillers starting their operations again..
2016-03-08 09:47 | Report Abuse
Supermax reversed into green.. managed to absob heavy early sell-offs. Currently holding at par. Looks like selling spree receeded.. for now..
2016-03-07 19:58 | Report Abuse
Just an advise.. remember this important words mentioned earlier - the arbitrators.
2016-03-07 16:27 | Report Abuse
Supermax has dropped almost 40% in a very short period. This is getting ridiculous indeed..
2016-03-07 16:14 | Report Abuse
Amazing.. O&G counters also reversing the up trend.. some even in red currently..
2016-03-07 16:10 | Report Abuse
TopGlove, Kossan & Supermax.. top 3 losers today. Percentage wise.. Supermax is the worst. Its like these companies are closing shops soon.. wow !!!
2016-03-07 13:15 | Report Abuse
TG is a fundamentally good company. The net sellers are local funds.. prolly moving to O&G companies due to increase in oil prices. Due to this too.. careful on AA related shares because of higher major cost. I believe TG will rebound but its a matter of time when the sell-offs are over..
2016-03-07 09:56 | Report Abuse
If really drop to 2.0.. all Supermax warrants will become toilet papers. Pity indeed.. but good for the issuers..
2016-03-07 09:49 | Report Abuse
Supermax and TopGlove are falling knife now..
2016-03-07 09:44 | Report Abuse
Local funds are the net sellers. They have been shifting to O&G..
2016-03-07 09:22 | Report Abuse
Putting in the fridge till next QR..
2016-03-05 16:40 | Report Abuse
Please note that its price has almost doubled in less than 2 months just bcos of 1 QR of profit after quarters of losses. Do trade carefully and do NOT succumb to greed. Gudluck everyone.
2016-03-05 16:31 | Report Abuse
Need to face the current inevitable.. USD weakening and oil prices climbing.. thus export counters sliding.. badly. But all these may turn around next month.. mark my words.
2016-03-05 00:27 | Report Abuse
Supermax has declined non-stop for about 30%.. for some time already.. wow!!! At times I do wonder, will Supermax's business hurt that much due to appreciation of RM? Hmm.. what happened to the expansion, new contracts, new products, higher demand.. etc? Also, I wonder.. why Supermax's management did not take any action, for example, a press confrerence.. etc.. to circumvent negative sentiments or purposes to push down the company's share price.. weird indeed.. food for thought..
2016-03-04 18:01 | Report Abuse
Exabytes.. nice joke. Even TG, the "king of splits", also toppled today.. haha. Just brace for worse next week laa. What to do.. chartwise.. this counter is a goner..
2016-03-04 16:38 | Report Abuse
Just look back to the recent 1 year chart history. Supermax used to hover around 2.0. So those sell-offs are actually taking big profits and not cutting losses.. hmm..
2016-03-04 15:05 | Report Abuse
TQ buywith. Yes shadow.. I also think 2.6 is way to low. But look at the scenario today. It went up to 2.89 and now its only 2.75 (14 sen different). And 2.6 is only 15 sen away. Remember.. yesterday's fake buy queue was 2.85. Not that I want to be seen consorting with Kai.. but the figures show that way. Pls understand ya. Neeway, I shall continue to hold my holdings.. till.. hmm..
2016-03-04 14:44 | Report Abuse
Everyone.. pls note. I still hold some (about 40% of what I used to have of Supermax shares) and quite a lot in RM actually. Now you know how I feel (very frustrated). However, I gave my opinions based on the current scenarios, facts and remarks from other investors and remisiers around me. Honestly, I also want and pray for the price to trend up.. but I do not want to create false hopes.. so pls dont bash me ya..
2016-03-04 14:13 | Report Abuse
Me think its nothing to do with RM, rubber prices, oil prices nor market sentiments. Its something to do with company (e.g. internal problem, accounting manipulation etc). Insiders already got the info.. hence, the non-stop disposals. Others just have to wait for the announcement. Bursa should have UMA the 30% drop.. but everyone know laa.. Bursa also corrupted. Thus.. anchovies that suffer.
2016-03-04 13:48 | Report Abuse
If you observe carefully, you'll notice that Supermax has declined from a peak of 3.56 to 2.78 (about a huge 30% drop) in just less than 2 months. Normally this kind of huge drop is not normal when a company just announced a good latest QR. Since there is no UMA, me think there is something wrong with the company which maybe revealed soon once insiders disposed their holdings. Stay tuned. In the meantime, do NOT get your money near this catastrophic counter. Beware !!!
PS: Even latest TPs from JF Apex, CIMB and Affin also were not recorded here and may be removed soon and the article may eventually be removed. Weird, right?
2016-03-04 12:27 | Report Abuse
Soon.. research houses will revise their TPs lower to jaga their water faces. Then finish.. kaput.. for Supermax. People will wave.. goodbye.
2016-03-03 22:38 | Report Abuse
Me dont think so cmlooi.. those are fake queues. The big buy lots will be priced lower and lower and very passive. Just take note and observe. Do not be deceived ya..
2016-03-03 20:44 | Report Abuse
Very good decision weng.. dont forget AAX too.. but careful on O&G counters..
2016-03-03 20:30 | Report Abuse
As I mentionef before, the MD has openly given his support for the opposition. Hence, thats why Supermax has always been a laggard as political motives are in place. Again, as a lesson, Supermax will have no strong support for it to move higher, in fact capped, with the lowest PE among its peers. Otherwise, this counter has already hit 5.0. Think about it.. almost 10 days of continuous swimming.. as if a bad QR just been released and the company gonna bust soon. Sorry guys.. there was high hope.. but remained only a hope. Trade wisely ya..
2016-03-03 16:39 | Report Abuse
The buy queue at 2.85 is clearly fake (passive) and tomorrow will change to 2.80.. you'll see..
2016-03-03 16:22 | Report Abuse
My avg is about 0.22 but only 3.5k lots.. still holding. Wished had bought more but most of my money was trapped here at that time.. coz I thought this counter got hope.. but.. hmm
2016-03-03 16:11 | Report Abuse
Basically its a message to the MD.. if you continue against BN.. we will teach you and ensure your company is not supported no matter how good it is. Some forums mentioned anout this too..
2016-03-03 16:00 | Report Abuse
I hope you all heed my advices. Leave Supermax (useless now) n buy AAsia or AAX as big iinstitutions are dumping their funds into these counters currently. Just follow with the flow. Once you recover yr losses, if any, you can buy back Supermax at 2.80 or maybe 2.50 or lower next week. Gudluck ya.
2016-03-03 14:53 | Report Abuse
Based on the TA.. Supermax may drop about 10 sen (at the least) today n tomorrow. Next week maybe worse if big institutions continue to be "instructed" to support certain counters till they could sell and to take profit thus able to divert their funds to other fundamentally sound companies like Supermax. So brace for more negative impact atm everyone.,
2016-03-03 14:27 | Report Abuse
Err.. what macro picture? Even with good market sentiments.. Supermax still down.. while other counters green. No explanation, right?
2016-03-03 13:12 | Report Abuse
My 2 cents: leave Supermax till you can later see the light at the end of the tunnel. In our bourse, fundamentals are just one-eye see. E.g. AAX.. just show one QR profit after years of losses.. suddenly the price up non-stop.
2016-03-03 12:48 | Report Abuse
Kai.. sorry to say.. I dont follow you. I based my opinions on my own analysis and experience. And remember.. prices also depends largely on the market makers manipulations too. Its a very simple logic: continously selll n take profit here while panic sellers continue the price to drop.. and buy another counter at lower price and with retail buyers hopping into the boat too.. the price will fly. Later.. take profit and buy here again at already lowered price causing the price to go up again. Rinse n repeat.. thats how big institutions / market makers make huge profit coz they have the means..
2016-03-03 12:03 | Report Abuse
Trade discpline: do NOT fall in love with a certain counter.. move on..
2016-03-03 11:57 | Report Abuse
Take profit and leave if you can. Dont miss opportunity costs on other uptrend counters like AA, Skpetro, Pmetal and many others etc. This counter is being dragged down for quite some time. EPF is also the culpirit. The have accumulated and hold tons of the shares when it used to hover around 2 and beliw. Even if the sell now.. they still make around 30-35% profit. Yes.. they need cash to buy and support other counters "as instructed".. so they will slowly sell their Supermax holdings.. hence the persistence sell-offs for weeks already. Trade carefully and safeguard your hard-earned money ya..
2016-03-03 11:33 | Report Abuse
Supermax cant even hold at 2.90 as sell-offs are getting persistent and more panic sellers leaving the boat for other uptrend counters. Potential and hope were there but getting thin or lost.. pity indeed for such a good counter. Supermax may drop close to 2.80 soon as real strong supports are basically non-existence. Gudluck to the holders ya..
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2016-03-09 09:36 | Report Abuse
Supermax.. dont rest too long pls.. now is the time.. follow your peers.. or difficult to recover later on. Come on !!!