Posted by Realrich > 2 days ago | Report Abuse

Omg supermax losses again? I buy so many die

Posted by Zrenxy > 2 days ago | Report Abuse

Tomorrow fly up until 1.11

Posted by Zrenxy > 2 days ago | Report Abuse

Profit before tax!

Posted by younglean > 2 days ago | Report Abuse

Next loss starts reducing. Next Q will turn green then

Posted by iPlay > 1 day ago | Report Abuse

Revenue dropped.....Profit before tax is GOOD,. Loss after tax narrowed significantly.... trend is next Q should be positive !

Mr Market is normally 6 months ahead...

Tomorrow UP !!!..... and whole gloves theme will be UP too !!!💪💪💪

Posted by ket4212 > 1 day ago | Report Abuse

good

Posted by tradek > 1 day ago | Report Abuse

Dont really like the significant revenue drop, however looking at the bright side, even with 177m revenue, the cost of producing gloves and operation is so low... With higher revenue, profit margin will be good..

Posted by messi88 > 1 day ago | Report Abuse

Never expect revenue drop actually

Posted by Lai Yu > 1 day ago | Report Abuse

Only loss 8 cents per share

Posted by Realrich > 1 day ago | Report Abuse

I run first the share price too high already I wait until quarter result come out but is a losses result not my expectations. Hope I can run without losing too much money

Posted by yfchong > 1 day ago | Report Abuse

let's review gross profit

Posted by Shortsqueeze > 1 day ago | Report Abuse

Revenue affected by when cannot sell in USA. Next quarter onwards we are all over USA!

Posted by Albukhary > 1 day ago | Report Abuse

Insider news.. Since Supermax WRO being uplifted CBP, Supermax global sales team has started to travel to US & Europe actively. How I know? Because so happen that one of my facebook friend is from Supermax sales team, and recently this two month I saw that fren is always on business trip (i.e. Netherland, Germany, Canada, US....etc)

So, expected that Supermax revenue will be increase on Q4'23 and Q1'24

Posted by Mak_kiah > 1 day ago | Report Abuse

sell over to usa?I heard this since supermax price in the peak.

Posted by zzzzz > 1 day ago | Report Abuse

Pre open 0.98.0.......gg

Posted by Cookieyirl > 1 day ago | Report Abuse

Your first purchase after the epidemic
97 check in

Posted by EatCoconutCanWin > 1 day ago | Report Abuse

Run... GG lol

Posted by yilonma > 1 day ago | Report Abuse

everybody ignoring the red flags with share price. malaysia market of course similar to gambling, but if you always prioritize speculation over fundamentals of course die 😂😂

Posted by ChloeCheong > 1 day ago | Report Abuse

That's from speculative/ day trader/ contra player 's perspective

Posted by zzzzz > 1 day ago | Report Abuse

US only lifted the ban on September 23 ? so the effect only reflects coming quarter ??

Posted by tradek > 1 day ago | Report Abuse

Yes, im also curious to know... some factory shut down for maintenance? etc?

Felix666888
Why revenue dropped so much 20% QoQ. Last quarter revenue is higher than this quarter with US custom ban situation. Is Supermax loosing the market share?

Posted by SaintPao > 1 day ago | Report Abuse

The moderate but encouraging revenue uptick in the preceding 2 quarters could not be sustained and revenue eased back as demand and ASPs again waned amid stiff competition in a contracted market.

Posted by klee > 1 day ago | Report Abuse

SAPU

Posted by Loh Kok Wai W > 1 day ago | Report Abuse

Big Shark said..Sayonara...。。。。。ready to Celebrate X'mas n New year....see you ikan billis next year...bye...hahaha

Posted by Albukhary > 1 day ago | Report Abuse

Find something interesting :-

1) Q2'23 - Revenue RM175mil, loss RM108mil
2) Q3'23 - Revenue RM175mil, loss RM40mil
3) Q1'24 - Revenue RM175mil, loss RM2mil

With the same amount of revenue, the loss has reduced substantially. It mean, Supermax cost efficiency has improve a lot, even though with such a low plant utilisation, still can maintain breakeven performance.

Posted by klee > 1 day ago | Report Abuse

next qr,revenue will increase 20% to include usa sales starting early nov 2023 after ban lifted

Posted by klee > 1 day ago | Report Abuse

sharks press down to collect bilis takut apa.....kikiki

Posted by yilonma > 1 day ago | Report Abuse

Wow people really like to nitpick the details. missed out on Q1 & Q4 revenues, previous year revenues..

1) YE2022 - Revenue RM2.64bill
2) YE2023 - Revenue RM821mil

Demand is down, manufacturing plants have downscaled as current factories have undermanufactured by almost 50%, and market share volume is down. doesn't matter if efficiency increases if total market VOLUME is down. you think competition will just lie there and let you eat for free

Posted by klee > 1 day ago | Report Abuse

Demand down,plant utilisation % down ,asp down bla bla bla is publicly available info and is factored into prices.Stock market anticipate the scenario 6 months ahead.

Posted by klee > 1 day ago | Report Abuse

What do novices know? hahaha

Posted by Albukhary > 1 day ago | Report Abuse

Hahaha, yilonma, you are the one who nitpick.
We are old investor, more than 20 years in market, we have been watching Supermax grow since its IPO.
We see how it grow, how it overcome crisis, how it earn 3-4 billion a year, how it loss hundred million a year.

Posted by 5354_ > 1 day ago | Report Abuse

Kossan, Harta reported profit why Supermax cannot?

Posted by klee > 1 day ago | Report Abuse

5354,cos harta kossan did not kena usa ban for 2 years.

Posted by TillyLovers > 1 day ago | Report Abuse

why people throw the counter like no tomorrow?

Posted by BobAxelrod33 > 1 day ago | Report Abuse

From high of 1.06 yesterday to 93c today.....Private Jet seen landed at Swiss Alps for skiing holidays......the villages there are fantastic....you should try it........ooppsss... you have donated for their holidays!

Posted by klee > 1 day ago | Report Abuse

thank you for selling lol

Posted by Shortsqueeze > 1 day ago | Report Abuse

Thank you for buying and hodling

Posted by tradek > 1 day ago | Report Abuse

yes crisis is a blessing, every 3/4 years, enter and ride the wave, do this every cycle... :) always got chance...

Albukhary
Hahaha, yilonma, you are the one who nitpick.
We are old investor, more than 20 years in market, we have been watching Supermax grow since its IPO.
We see how it grow, how it overcome crisis, how it earn 3-4 billion a year, how it loss hundred million a year.

Posted by SaintPao > 1 day ago | Report Abuse

https://www.thestar.com.my/business/business-news/2023/11/30/limited-gain-for-glove-firms-from-china-outbreak

Posted by yilonma > 1 day ago | Report Abuse

i'd be embarased if i had 20 years looking at stocks and cant tell when the stock has been priced in.. please seek help 😂😂 you all need to stop smoking all that copium

Posted by Jassie26 > 1 day ago | Report Abuse

lousy qr hahaha, sapu air lor

Posted by klee > 22 hours ago | Report Abuse

Lousy qr? Anyone who can read ady know,anyone who know and want sell ady did today.Hahaha.

Posted by StartOfTheBull > 21 hours ago | Report Abuse

Latest QR improved also means share price should be reasonably more than share price of three months ago.

Posted by myinvestor > 10 hours ago | Report Abuse

The QR is expected as cbp wro still enforced in the last qtr. With resumed shipment to US in Nov, expected better or positive qtr result in Feb 2024 .Most of analyst already updated the supermx target price to 1.00.
https://klse.i3investor.com/web/pricetarget/research/69734

Posted by klee > 9 hours ago | Report Abuse

SAPU

Posted by myinvestor > 7 hours ago | Report Abuse

Short position of supermax reduced 4m shares yesterday to balance 9.6m shares.

Posted by klee > 6 hours ago | Report Abuse

Yesterday sharks used supermx mediocre qr to press down n flush off weak holders.Any sell off is a buy for glove sector.2024 will be the recovery yr.No one ever get rich by listening to IB's.

Posted by tradek > 5 hours ago | Report Abuse

👍
klee
Yesterday sharks used supermx mediocre qr to press down n flush off weak holders.Any sell off is a buy for glove sector.2024 will be the recovery yr.No one ever get rich by listening to IB's.

Posted by klee > 1 hour ago | Report Abuse

All gloves rebound.2024 will be recovery yrs.Dont wait for the good numbers to come in ,be early birds.

Posted by klee > 1 hour ago | Report Abuse

Ytl n ytl power moved forcefully before admitted to fbm klci index. Now they are confirmed in,but prices have fully discounted the good news.