1 person likes this.
6 comment(s). Last comment by New_Investor92 2022-03-21 15:25
Posted by chkhooju > 2022-03-04 08:55 | Report Abuse
Yes, the possibility is there. It is written on the wall.
Posted by sutp > 2022-03-04 08:59 | Report Abuse
Supermax has committed RM1.39 billion for new plants in Malaysia and USD350 million in the US. That's almost RM3 billion. So the company's cash is gone. These plants may not operate at full capacity because of the oversupply situaton and the additional overheads will further depress Supermax's earnings.
Posted by AdCool > 2022-03-04 16:35 | Report Abuse
US investment is fishy. Anytime can cancel and declare dividends.
Posted by New_Investor92 > 2022-03-21 15:25 | Report Abuse
I wonder whether the company does the market research whether the drop of ASP and supply would drop eventually.
Besides, they should focus rewarding the shareholder to ensure they hold firmly during the downs time.
I just feel bursa stocks are quite selfish in term of rewarding the shareholder and their focus is "own pocket" only.
Eventually, everyone is here to goreng only. It means Bursa is not meant for long term and becoming for active trader.
No result.
1
Koon Yew Yin's Blog
3
Stock Market Enthusiast
PBBANK: Technical Outlook Suggest Target of RM5 (Uptrend but Overbought) - KingKKK
4
Koon Yew Yin's Blog
5
6
Koon Yew Yin's Blog
7
8
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sutp
14 posts
Posted by sutp > 2022-03-04 08:52 | Report Abuse
Your analysis is quite compelling. But what if the analysts are wrong and Supermax goes into the red like Careplus and other glove companies?