KUALA LUMPUR (Oct 21): Supermax Corp Bhd’s share price fell nearly 10% in Bursa Malaysia’s Thursday (Oct 21) morning trade after the US Customs and Border Protection (CBP) said the agency will detain imports of disposable gloves produced by Supermax Corp’s wholly-owned subsidiaries Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and Supermax Glove Manufacturing on forced labour allegations.
Aiya... Sell to buy recovery stocks at the recovered price now is no bargain. This might be down... but certainly NOT OUT. In 1 year, I expect this to double or triple from here. That goes for all gloves. No better bargain out there.
Ok.. OSK... I am waiting to buy more on your wonderful TPs. Nothing better than a triple discount... Less 70%+30%+20%. In 1 year, I will triple my money...
Haha, those TPs from OSK Choon Research are meant to lure unsuspecting individuals to sell their shares. With more and more selling, the TPs will become self-fulfilling. Lol.
If you hope to be able to buy at those prices, you have got to wait long long lah..
Why recently some popular Facebook live got few doctor one stopped open live already ?. Hahahahaha pls proceed to trust them. Hahaha finally u all died
The company 2 qr also make more than RM 0.50. As at July Qtr the EPS is 63 cents. 2 more Qtr to go.
I dont like to comment on the share price but the above data is good enough for you to make a investment decision whether you have the opportunity to buy at 50 cents.
US bans imports from fifth Malaysian firm in 15 months over alleged forced labour US bans imports from fifth Malaysian firm in 15 months over alleged forced labour A view of a waste basket with syringes and gloves. (File photo: AP/Alvaro Barrientos)
05 Nov 2021 09:43AM (Updated: 05 Nov 2021 09:43AM) Bookmark Share KUALA LUMPUR: US customs authorities have banned imports from Malaysian rubber glove maker Smart Glove over alleged forced labour practices, making it the fifth Malaysian firm to face such a ban in the past 15 months.
The US Customs and Border Protection (CBP) issued a "Withhold Release Order" that prohibits imports from Smart Glove and its group of companies, the CBP said in a statement on Thursday (Nov 4), a decision it said was based on reasonable evidence that indicates "Smart Glove production facilities utilise forced labour".
half boiled egg stoxxpixx2u & Wexxth Arcxxtech gurus no more fb live for quite some time . Believed tak boleh tahan members ask for refund the member fees as most of them stuck in the high price of glove counters. ......... " DON 'T ASK ! JUST ENTER " really laugh die me............
Stoxxpixx2u and Wexxth Arcxxtech already inactive few months ago and set up new private group...Comfort next support should be 1.10 before moving closer to pre pandemic price 80-90 sen
Warren buffet value investment theory misleading a lot of people lost huge amount of money in glove stocks , a very expensive lesson in stock investment !
Aiya... as with all investments there are ups and downs. WB is always LT and buying value stocks. Gloves down 80%... and this down creates a huge Value proposition that will be attractive for investors later when the ASP stabilized. Gloves companies are still making money and the Balance Sheets have little or no debts. Also, with the current ASP, the China glove makers are making a lost now. Guess where the ASP will be in 6 months when everyone drops out.
Hopefully we have seen the worst of Comfort mother share and WB prices. Looks like the weak holders are all out by now. We should be seeing the prices moving up again.
Listen to me , HOT PIPE LINE ...today fierce gap up to above 1.60 , just today ......OFF SHORE IS BACK FOR GLOVE COUNTER ...expect COVID GETTING EVEN SERIOUS ATTACKING GLOBAL .
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....
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Posted by FactCheck > 2021-10-21 09:51 | Report Abuse
Oh supermax , CBP ban?