Posted by 5c0160 > 2022-01-18 18:50 | Report Abuse

Latest new canada had terminated contract with supem. tmr 1..00

Posted by Maridien2 > 2022-01-18 19:07 | Report Abuse

Scare what, i bought at 11 still holding strong. All the bad news already no rasa, no more fear factor. Wait i sell my house sell my car buy more supermax.

Posted by freddiehero > 2022-01-18 19:09 | Report Abuse

haha.. apa itu? it's superman

Posted by ken2004 > 2022-01-18 19:25 | Report Abuse

monetary coming qr profit drops drastically and big chunk of cash disappeared. lets see what argument u can come up eith
18/01/2022 4:47 PM

How can big chunk of cash disappear unless more investment/buyback etc? This is not like Supermax in losses or you are predicting this stock in losses soon?

Posted by Ryan83 > 2022-01-18 19:44 | Report Abuse

Already expected Canada government import ban since November just old news... Other top 3 Malaysia glove will benefit and grab Supermax market share in Canada and US

Posted by Jokers2020 > 2022-01-18 20:29 | Report Abuse

limit down..hahaha

Posted by monetary > 2022-01-18 20:38 | Report Abuse

ken2004 didnt do his homework ka? at least check announcement lar. omg....

Posted by gemfinder > 2022-01-18 20:55 | Report Abuse

https://www.theedgemarkets.com/article/canada-ends-contract-supermax-over-labour-allegations

Posted by gemfinder > 2022-01-18 20:58 |

Post removed.Why?

Posted by myinvestor > 2022-01-18 22:17 | Report Abuse

The company does not foresee any material impact operationally," it said. Canada represents about 9% of the group's total business.

Only Canadian government contract is terminated. They still can sell in Canada. Probably the contract is going to expire soon.

Posted by Mini2021 > 2022-01-18 22:48 | Report Abuse

Th e news is from 2021....aiyo keep cycle until today..

Posted by maf1964 > 2022-01-18 22:49 | Report Abuse

those ungratefull foreigners, keep complaining to that soob andy hall and it is hurting our economy
as it is , these foreigners earn good money.

they forget if the company closes down, they wll be sent back

is that why andy hall is trying to get them to be able to change sectors witot facing problems??this way if they sabo and their factory close, they get to jump to another

Posted by DJoker89 > 2022-01-18 23:27 | Report Abuse

Tomorrow got chance rm1.00?
I'm still waiting

Hehehehehehehe

Posted by monetary > 2022-01-19 05:18 | Report Abuse

very soon, water fish

Posted by CharlesT > 2022-01-19 06:58 | Report Abuse

Posted by DJoker89 > Jan 18, 2022 11:27 PM | Report Abuse

Tomorrow got chance rm1.00?
I'm still waiting

Hehehehehehehe

Fm the peak of RM11+ to RM1.35 now n yet till making such a silly comment

amat memalukan...just quietly exit lah dont become a big laughing stock here

Posted by Santiago > 2022-01-19 07:58 | Report Abuse

have u all received the 30 to 1 dividend treasury shares?

Posted by Ryan83 > 2022-01-19 08:41 | Report Abuse

The major averages fell sharply Tuesday as government bond yields hit Covid-era highs and after Goldman Sachs reported disappointing earnings.

The Dow Jones Industrial Average slipped 543.34 points, or 1.5%, to close at 35,368.47. The S&P 500 fell 1.8% to 4,577.11, and the Nasdaq Composite declined 2.6% to 14,506.90, hitting its lowest level in three months.

The technology-focused Nasdaq sits more than 10% from its most recent high and closed below its 200-day moving average for the first time since April 2020. The small-cap benchmark Russell 2000 slid nearly 3.1%.

Technology stocks declined on Tuesday, continuing their downward trend in 2022 as interest rates rise. Higher rates typically hurt growth pockets of the market that rely on low rates to borrow for investing in innovation. Further, their future earnings look less attractive when rates are spiking.

Posted by Investoz88 > 2022-01-19 08:49 | Report Abuse

Believe correction and rotation will happen back to healthcare and gloves counters.
Valuation now is just too cheap to ignore for these cash rich companies.

Posted by CharlesT > 2022-01-19 08:51 | Report Abuse

U believe u can fly u believe u can touch the sky.....

Posted by investmalaysia618 > 2022-01-19 08:56 | Report Abuse

fundamental has changed. no reason to buy supermax. only for goreng goreng

Posted by Milo Ais > 2022-01-19 09:02 | Report Abuse

Santiago, I have yet received ..

Posted by investmalaysia618 > 2022-01-19 09:24 | Report Abuse

receive also no use la. keep on depreciating

Posted by Investor126 > 2022-01-19 09:39 | Report Abuse

Many here have been doing good since almost more than a year ago, been reminding the trend, yet still got denial who refused to accept the fact that Supermax had long gone case.

If you want to buy, just buy quietly. Stop spreading how good how undervalued this counter is. You pick it up but the management screwed it, you get no medal for this. You have been hinted about this long ago.

Posted by Citadel123 > 2022-01-19 09:39 |

Post removed.Why?

Posted by masterus > 2022-01-19 09:42 | Report Abuse

Printing (planting) more and more usd in 2020 to 2021. In 2022, taper (water) and interest hike (fertiliser) untill inflation high (plant grown up) and ready to harvest all usd in the world in order to buy goods around the world.

Posted by ERIC > 2022-01-19 09:42 | Report Abuse

:-) now not good timing as before... But for holder also nothing to concern.. Check back all QR, Spm not as TG, all huge profit still kept in company, not going anywhere or given out as dividend.. So based on the profit, current stock price ady covered by the cash amount, even not counting the huge asset in Spm

Posted by investmalaysia618 > 2022-01-19 09:43 | Report Abuse

hahaha, i told them the reason why topglove die die want HK listing. no one listen. TG spent too much money buying back share price at high price and special dividend. now all those money gone.

TG in deep shit now. will back to net debt in order to fight the low ASP war.

Posted by masterus > 2022-01-19 09:45 | Report Abuse

Real life version of Farmville, plant and harvest usd and use the earned usd to trade and buy goods in stores (worldwide).

Posted by JovaneChua > 2022-01-19 09:51 | Report Abuse

Have a look at HARTA, you may like it more.

Posted by masterus > 2022-01-19 09:52 | Report Abuse

2022 and 2023 is the years of harvesting us dollar around the world. Harvested is use to fuelling us economy and use to buy goods internationally at cheaper prices.

Posted by masterus > 2022-01-19 09:54 | Report Abuse

Usd growing high high and us can purchase gloves with cheaper prices as foreign exchange rate increase high high.

Posted by Mini2021 > 2022-01-19 11:02 | Report Abuse

As I told yesterday , shortiest not dare to push down anymore..... Boss got Rm 3500 million......if push down the share price , boss can use rm 100 million .....sapu 80 million shares..... kakakakakakakakakakakaka only retailers keep selling.....ooo i think they selling their bonus share today as they credit the bonus share today

Posted by Mini2021 > 2022-01-19 11:12 | Report Abuse

Haiz so many bad news also cant bring down supermx .....Pre covid supermx profit RM 30 million per quarter .....coming quarter above rm 30 million is bonus ....

Posted by Habisgl0v3333 > 2022-01-19 11:25 | Report Abuse

Seems bear win , supermx cash pile disappearing soon

Posted by Mini2021 > 2022-01-19 11:46 | Report Abuse

The Edge release the news again...they can repeat the same news 10 times within a week

Posted by Mini2021 > 2022-01-19 12:16 | Report Abuse

Supermx cash now at Rm 3.5 billion..... Each quarter supermx cash will increase RM 0.3 billion..... cash pile disappearing is fake news... this is not Genting or Airasia...

Posted by Ryan83 > 2022-01-19 12:44 | Report Abuse

Supermax without US and Canada market coming QR profits release mid February will be as low as Top Glove previous QR profits RM180+millions

Posted by masterus > 2022-01-19 13:05 | Report Abuse

Supermax falls after Canada terminated glove supply contract on forced labour allegations
Bernama
/
Bernama

January 19, 2022 11:31 am +08

Posted by Albukhary > 2022-01-19 13:06 | Report Abuse

Without the US and Canada market, no doubt the coming QR profit will be lower, it can be Rm200m, RM100m...etc.

But the cash will not disappear, after paying the tax RM1 bi, its cash balance minimum should still have RM2bil.

The US investment won't utilise the cash so soon.

Posted by masterus > 2022-01-19 13:08 | Report Abuse

Us is the master. Western countries is us pets. Master doing that, their pets also follow the master command. Just like us command canada over huawei cases in Canada.

Posted by masterus > 2022-01-19 13:10 | Report Abuse

Us have many many gadgets on their toolbox. Against you either sanctions, forced labor act, us supremacy or us military supremacy.

Posted by masterus > 2022-01-19 13:11 | Report Abuse

UK banned Huawei because of 'US pressure': former minister
The ban had nothing to do with national security, says Sir Vince Cable
News Desk | January 13, 2022

Posted by Habisgl0v3333 > 2022-01-19 13:28 | Report Abuse

Downtrend still intact

Posted by Robbinhood > 2022-01-19 14:31 | Report Abuse

When will the bonus issue credit to cds account?

Posted by Condom004 > 2022-01-19 14:47 | Report Abuse

Rm0.95 buy call

Posted by cwc1981 > 2022-01-19 15:08 | Report Abuse

Dun worry the cash supermax is having is equal with KLK. Maybe will decrease a bit when start payment for investment in US

Posted by masterus > 2022-01-19 15:57 | Report Abuse

KUALA LUMPUR (Nov 23): Bank Negara Malaysia (BNM) and the People’s Bank of China (PBoC) have renewed their bilateral currency swap arrangement for another five years under an unchanged RM110 billion (180 billion yuan) scheme to reinforce the ongoing cooperation between the two central banks, BNM said on Tuesday (Nov 23).

In a statement, BNM said the first bilateral currency swap agreement between BNM and the PBoC was established in 2009.

BNM governor Tan Sri Nor Shamsiah Mohd Yunus said in the statement: "The swap arrangement supports settlement of regional trade and investment in the local currency, as well as promotes regional financial stability.”

Posted by masterus > 2022-01-19 15:58 | Report Abuse

Measure to avoid harvested by printing many many dollars

Posted by masterus > 2022-01-19 16:01 | Report Abuse

Singapore, 5 November 2021…Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) today announced the extension of the USD10 billion bilateral financial arrangement to 4 November 2022. This arrangement has been endorsed by Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong, and will continue to support monetary and financial stability in both countries amid the on-going recovery from the COVID-19 pandemic.

Posted by masterus > 2022-01-19 16:03 | Report Abuse

The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bank of Thailand renewed the existing Bilateral Swap Arrangement (BSA) between the two countries today. The BSA is a two-way arrangement, in which both authorities are able to swap their local currencies in exchange for the US Dollar. The arrangement also enables Thailand to swap the Thai Baht against the Japanese Yen. The size of the BSA remains unchanged, that is, up to 3 billion US Dollars or its equivalent in Japanese Yen.

The renewed BSA introduces a precautionary scheme, which is a new feature to supplement the existing crisis-resolution scheme. It also incorporates amendments to align the BSA with the recent amendments to the Chiang Mai Initiative Multilateralisation (CMIM) Agreement.

Both authorities agree that continuing such bilateral financial cooperation will help preserve financial stability in both countries, and support the close bilateral economic and trade relations between Japan and Thailand.

Bank of Thailand
23 July 2021