If Supermax falls further, this will present a fantastic buying opportunity. As Buffet said, be greedy when others are fearful, be fearful when others are greedy.

Imagine if Supermax falls to 80cents, that's only 5 times trailing PER!! Dirt cheap! At RM1.50, it's trading at 10X trailing PER..stil cheap.

How low can Supermax go? LOL...already going to hit bottom already.

Worse come to worse, another CEO will be hired to run the company. How is Ananda Krishnan able to own so many companies? It's because he hires smart people to run it.

So even if Stanley and his wife are convicted, he will hire someone smart enough to run it.


Those who are condemning this stock saying it's shit and all are just trying to deceive inexperience inestors to sell in a panic so that they can buy Supermax at 80 cents or lower. To these idiotic people, you all are no better than the common conman...trying to cheat and lie! Think about it, if these idiots dislike Supermax so much, why bother to post comments here? Why even bother to look into Supermax? It's because they are trying to drive the price down so that they can buy cheaper.

So again, use your head, not your emotions.

Cheers!

Post removed.Why?

You should sell the company if:-

1) The company is making a loss and/or it's earnings are declining every quarter for no apparent reason.
2) If the fundamentals of the company are no longer favourable i.e. product produced is obsolete in light of a better product/technology.

As I said previously, Supermax's fundamental's are still intact. It's earnings for the past 4 quarters have been increasing steadily, although not up to the analyst's expectations and this can be explained if you all read the analysts report.

The EPS for Supermax's past 4 quarters are 3.68, 3.91, 3.93 and 4.09. So EPS has been increasing steadily. With the new plants kicking off by the end of this year and the insanely stronger USD vs MYR, Supermax is set to hit record profits!

I believe the company will still be profitable even without Stanley because gloves are a necessity! The company can already run itself without the CEO.

So use your brains, not your emotions, to trade or invests.

Don't be the bloody fools selling on panic because of some silly news that won't even hurt the company's fundamentals.

If Supermax drops to RM0.80, I will go in big time..

You should sell the company if:-

1) The company is making a loss and/or it's earnings are declining every quarter for no apparent reason.
2) If the fundamentals of the company are no longer favourable i.e. product produced is obsolete in light of a better product/technology.

As I said previously, Supermax's fundamental's are still intact. It's earnings for the past 4 quarters have been increasing steadily, although not up to the analyst's expectations and this can be explained if you all read the analysts report.

The EPS for Supermax's past 4 quarters are 3.68, 3.91, 3.93 and 4.09. So EPS has been increasing steadily. With the new plants kicking off by the end of this year and the insanely stronger USD vs MYR, Supermax is set to hit record profits!

I believe the company will still be profitable even without Stanley because gloves are a necessity! The company can already run itself without the CEO.

So use your brains, not your emotions, to trade or invests.

Don't be the bloody fools selling on panic because of some silly news that won't even hurt the company's fundamentals.

If Supermax drops to RM0.80, I will go in big time..

You should sell the company if:-

1) The company is making a loss and/or it's earnings are declining every quarter for no apparent reason.
2) If the fundamentals of the company are no longer favourable i.e. product produced is obsolete in light of a better product/technology.

As I said previously, Supermax's fundamental's are still intact. It's earnings for the past 4 quarters have been increasing steadily, although not up to the analyst's expectations and this can be explained if you all read the analysts report.

The EPS for Supermax's past 4 quarters are 3.68, 3.91, 3.93 and 4.09. So EPS has been increasing steadily. With the new plants kicking off by the end of this year and the insanely stronger USD vs MYR, Supermax is set to hit record profits!

I believe the company will still be profitable even without Stanley because gloves are a necessity! The company can already run itself without the CEO.

So use your brains, not your emotions, to trade or invests.

Don't be the bloody fools selling on panic because of some silly news that won't even hurt the company's fundamentals.

If Supermax drops to RM0.80, I will go in big time..

Although I admire Stanley for his courage to speak out and support the opposition, he shouldn't have done it from a business perspective.

Business and Politics never go well together if you're supporting the opposition.

If he had kept his mouth shut, nothing like this would've happened.

In any event, Supermax is still fundamentally sound. With the USD already trading at RM3.52, Supermax's profit will soar..

It's only the stupid and shortsighted that are selling this stock.

How much lower can it go? RM0.20? LOL..if drop to that price I will be buying like crazy already..LOL

I can bet you all that there will be a strong rebound tommorow.

Those who sold at a lost out of panic are freaking idiots!

Those swearing and cursing this counter must be a bunch of lousy amateurs who buy on emotion. Complete idiots!

Those who are selling this counter because of some silly comments are even more idiotic for these people want to drive down the price even further so that they can buy more.

What does it matter that the CEO was charged for an offense that he may not even be guilty of? Does it mean the demise of Supermax? Only the stupid and shortsighted will sell out of fear like cows in herds.

The fundamentals of Supermax is still intact and with the strengthening USD, forward EPS will increase exponentially.

If you look at the past 4 quarter performance, you can see that it's EPS has been increasing steadily by slowly. With the USD already at RM3.5 to a dollar, Supermax will stand to gain.

Use your head, not your emotions people!

About Harta, it's bloody overbought already. How much upside can it go? Only idiots will buy high and sell low..LOL..

I do believe that these charges might be politically motivated. As far as I'm concerned, the CEO hasn't cheated anyone and his integrity is still intact.

I bet my ass that tommorow, there will be a strong rebound. So those who are in a drawdown, just hang on in there. It's just a silly reaction.

Haha..those who are selling on panic of fools and just reacting to a knee-jerk reaction. As richienexus correctly pointed out, what's the big deal if the CEO has been charged with an alleged offense that he hasn't even been found guilty of? Supermax is still fundamentally sound and with the USD strengthening, I foresee that it's earnings will increase.

Worse come to worse, I'm sure someone as capable as Stanley will take over.

If it drops further, I will buy!

Stock market crash is looming..beware...
http://www.moneynews.com/MKTNews/Market-Collapse-Finance-Stocks/2013/03/01/id/492699/

Stock market crash is looming..beware...
http://www.moneynews.com/MKTNews/Market-Collapse-Finance-Stocks/2013/03/01/id/492699/

Stock market crash is looming..beware...
http://www.moneynews.com/MKTNews/Market-Collapse-Finance-Stocks/2013/03/01/id/492699/

Why oil is more likely to test $50 than $100 again next year

http://www.cnbc.com/id/102189040

Good luck to those who are thinking of buying this stock..

Post removed.Why?

Those who are still thinking of buying this counter are bloody fools! If you compare our local Oil and Gas counters to SeaDrill, the world's biggest offshore driller by market capitalisation, you will realize how bloody overpriced they are.

SeaDrill itself is currently trading at a P/E ratio of just 7X but this solid company offers a staggering dividend yield of 19% (USD 1 per quarter)! Imagine, if people are selling stock of this fantastic, global company despite it's staggering 18% dividend yield, why shouldn't we sell down our local shitty Oil and Gas counters which offer shit for dividends?

The dividend yield of Coastal is a shitty, paltry 1-3% compared to SeaDrill's whooping 19% (at the current price). P/E ratio of Coastal is around 11x but SeaDrill is trading at just 7x. So what does that tell you? That Coastal is bloody expensive!!!

What more, SeaDrill is a global company with a market capitalization many times bigger than Coastal.

Goodluck to those who bought into this stock. I expect this stock to sink all the way to below RM2.00.

For me, personally, I wont even buy this stock.

More info on SeaDrill which should awaken you to how shitty our local Oil and gas stocks are!

Seadrill
============

Sector: oil & gas services
Market value: $10.8 billion
2014 return: -47%
Energy prices have plummeted, and stocks like Seadrill SDRL, -2.91% have paid the price. As an oil-service company that focuses on offshore drilling, Seadrill is in particularly dire straits given that the cost of deepwater extraction makes even less sense when crude oil is cheap.

However, after a big drop this year, it’s hard to imagine things getting worse.

And it’s not like Seadrill is just sitting there, waiting for crude to bounce back and business to pick up. Zephirin Group recently offered a bullish take on the stock, in part, because of two big engagements in West Africa, where the company is contracting with Total TOT, -0.33% and Exxon Mobil XOM, -0.75% Seadrill is comfortably profitable and isn’t going anywhere.

The biggest risk, however, is a cut in Seadrill’s juicy dividend, which at a recent payout of $1 per quarter works out to a staggering 18% yield. With projected earnings of about $3 a share, there simply is not enough money to keep up that kind of distribution for long.

But even if the dividend is slashed by 75% to 25 cents, you’ll still enjoy a nearly 5% yield. And, most importantly, you’ll be buying at the bottom to benefit from share-price appreciation and dividend growth. The forward price-to-earnings ratio is less than 7.
14/11/2014 13:46

Those who are still thinking of buying this counter are bloody fools! SeaDrill, the world's biggest offshore driller by market capitalisation have sold a huge chunk of their stake in SapuraKencana!

https://sg.finance.yahoo.com/news/seadrill-sells-300-mln-sapurakencana-140444304.html

SeaDrill itself is currently trading at a P/E ratio of just 7X but this solid company offers a staggering dividend yield of 19% (USD 1 per quarter)! Imagine, if people are selling stock of this fantastic, global company despite it's staggering 18% dividend yield, why shouldn't we sell down our local shitty Oil and Gas counters?

The dividend yield of SapuraKencana is a shitty, paltry 1% compared to SeaDrill's 19% (at the current price)! P/E ratio of SapuraKencana is around 10x but SeaDrill is trading at 7x. So what does that tell you? That SapuraKencana is bloody expensive!!!

Goodluck to those who bought into this stock. I expect this stock to sink all the way to below RM2.00.

For me, personally, I wont even buy this stock.


Seadrill
============

Sector: oil & gas services
Market value: $10.8 billion
2014 return: -47%
Energy prices have plummeted, and stocks like Seadrill SDRL, -2.91% have paid the price. As an oil-service company that focuses on offshore drilling, Seadrill is in particularly dire straits given that the cost of deepwater extraction makes even less sense when crude oil is cheap.

However, after a big drop this year, it’s hard to imagine things getting worse.

And it’s not like Seadrill is just sitting there, waiting for crude to bounce back and business to pick up. Zephirin Group recently offered a bullish take on the stock, in part, because of two big engagements in West Africa, where the company is contracting with Total TOT, -0.33% and Exxon Mobil XOM, -0.75% Seadrill is comfortably profitable and isn’t going anywhere.

The biggest risk, however, is a cut in Seadrill’s juicy dividend, which at a recent payout of $1 per quarter works out to a staggering 18% yield. With projected earnings of about $3 a share, there simply is not enough money to keep up that kind of distribution for long.

But even if the dividend is slashed by 75% to 25 cents, you’ll still enjoy a nearly 5% yield. And, most importantly, you’ll be buying at the bottom to benefit from share-price appreciation and dividend growth. The forward price-to-earnings ratio is less than 7.

Those who still buying this stock are all bloody fools! It's trading at more than 22x PER and people still want to buy in this turbulent market. It's earning's have been on a decline the past 3 quarters and with margin's squeezed due to intense competition, this stock is freaking overbought already!

It will be a temporary one. The long term trend is bearish. KLCI already trading below the 200D SMA, a confirmed indicator that the market is on a downtrend. Trade at your own risk!

RUN!!!! THERE'S GOING TO BE ANOTHER STOCK MARKET CRASH!! THE KLCI IS ALREADY TRAING BELOW THE 200SMA, A CONFIRMED DOWNTREND!!! SELL AND RUN!!!

The stock has already broken below the 200 SMA indicating that it's on a confirmed downtrend. Good luck to those who bought above RM6.00 because I don't know how low this stock will go. It may sink all the way to RM 3..all the best