Posted by Citadel123 > 2022-01-19 16:04 |

Post removed.Why?

Posted by masterus > 2022-01-19 16:18 | Report Abuse

Many countries scared of being harvested by the almighty dollars creator and try to find ways from avoid it

Posted by pihou80 > 2022-01-19 16:22 | Report Abuse

entitlement date 20th for share dividend

Posted by Investor126 > 2022-01-19 16:23 | Report Abuse

52 weeks lowest, 1.27 first hit was on 14 December 2021. Almost a month ago.
Second hit was a day later, on 15 December 2021.
Logic sense if based on current situation, third hit could be anytime in these few days. If Supermax's US expansion deemed good, foreign funds could have caught an eye on this and buy low. But, none yet so far.
So, get ready for another new low incoming.

Good luck to those who are still awaiting Supermax share buy back.

Posted by masterus > 2022-01-19 16:31 | Report Abuse

Traders Weigh Bigger Fed Rate Hike in March as U.S. Yields Soar

Posted by masterus > 2022-01-19 16:39 | Report Abuse

Brent, WTI scale multi-year highs amid supply disruptions
Iraq-Turkey pipeline outage adds to supply concerns
Some OPEC+ sources say $100/bbl oil is possible

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

Get ready to learn more Greek letters.

Why? Because scientists warn Omicron’s whirlwind advance practically ensures it won’t be the last version of the coronavirus to worry the world.

Every infection provides a chance for the virus to mutate, and Omicron has an edge over its predecessors: It spreads much faster despite emerging on a planet with more immunity from vaccines and prior illness.

More spread means more people in whom the virus can further evolve. Experts don’t know what the next variants will look like or how they might shape the pandemic, but they say there’s no guarantee the sequels of Omicron will cause milder illness or that existing vaccines will work against them.

Posted by investmalaysia618 > 2022-01-20 09:17 | Report Abuse

fundamental changed. more competitions, low asp, force labour issues. cannot see the light yet

Posted by Dannyfyl88 > 2022-01-20 09:36 | Report Abuse

Pls drop more so I can add more. I am waiting for RM65c still.

Posted by Dannyfyl88 > 2022-01-20 09:41 | Report Abuse

Fundamental changed..company going under like AA. Don't care about the cash in the bank. Assume Zero cash now. More competitions...factories coming up in China Every Month despite losing money selling gloves to USA, low 'money losing' ASP...drop below Cost and will continue to drop Below Cost like nobody needs to buy gloves anymore, Force Labour Issues... Blangas still live like dogs in containers and No A/C for them. Cannot see the light for the next 20 years as this kind of business is like Blackberry. GOOD. Pls go to 65c... bullets loaded.

Posted by investmalaysia618 > 2022-01-20 09:46 | Report Abuse

no need to talk kok la. when rm5 you wish for rm3 say all in. when rm3 you wish for rm1.5 say all in. now rm1.3 you wish for rm0.65??? hahahaha

Posted by Investor126 > 2022-01-20 10:33 | Report Abuse

Better stay far from this kind of cancerous counter. The management is inactive. The expansion in US sounds good, but not until the end when you realized something fishy, that is too late already. Cash on hand may seems a lot, but how well how efficient it being use is another problem. This reminds me when Supermax on hold the SGX dual listing.

Posted by Anaconder > 2022-01-20 10:49 | Report Abuse

No holding power don't speculate ya!

Posted by Timercheng > 2022-01-20 10:51 | Report Abuse

Look weak

Posted by Sansing > 2022-01-20 10:52 | Report Abuse

Yesterday falling windows, bad sign

Posted by GlovesOff > 2022-01-20 11:11 | Report Abuse

GXFC Pjseow !!! Haha ... *awkward silence*

Posted by investmalaysia618 > 2022-01-20 11:26 | Report Abuse

speculate no need holding power la. when things not right just cut loss only. unlike some people here. speculate become long term investors kikiki

@pjseow @toneefa @beary and the list goes on. now all hiding d. stay strong ya.

Posted by tahong > 2022-01-20 11:28 | Report Abuse

No holding power no buy as short term no good

Posted by CharlesT > 2022-01-20 11:31 | Report Abuse

Posted by Dannyfyl88 > Jan 20, 2022 9:36 AM | Report Abuse

Pls drop more so I can add more. I am waiting for RM65c still.

Glovetards appear to be the happiest sohxi in I3

But dunno whether they cry n cannot sleep at night everyday lah

Posted by CharlesT > 2022-01-20 11:32 | Report Abuse

Mayb can see many of them in Tanjung Rambutan now...

RM6 happy RM5 happy Rm4 happy Rm3 happy RM2 happy RM1 happy RM0.65 very happy.....

Posted by RockerArm > 2022-01-20 11:33 | Report Abuse

I waited till my neck long still cannot get Rm 1.00 don't talk abt 65 sen . MM bulls shit!

Posted by uncensored > 2022-01-20 11:33 | Report Abuse

Yes agreed. At this price level it is attractive for long term investment. I always preferred to choose the leader of the industry. Please consult your financial adviser for further information

Posted by tahong > 2022-01-20 11:43 | Report Abuse

Long time never hear from our hero Apollo Ang ,

Posted by investmalaysia618 > 2022-01-20 11:55 | Report Abuse

Many of them follow stockpig, buy all the way down hahahhaa.
--------------
CharlesT Mayb can see many of them in Tanjung Rambutan now...

RM6 happy RM5 happy Rm4 happy Rm3 happy RM2 happy RM1 happy RM0.65 very happy.....

Posted by rocky_88 > 2022-01-20 12:23 | Report Abuse

y r u guys talking about 65 cent?? the next support is around 1.160 and 0.905.. lol…

Posted by Youngkid > 2022-01-20 12:26 | Report Abuse

P/E ratio 1.1 n NAB Rm1.91 , so buy to keep long

Posted by rocky_88 > 2022-01-20 12:29 | Report Abuse

hopefully can buy more at support hehe.. if cannot the current share pon sudah cukup lah

Posted by RockerArm > 2022-01-20 12:34 | Report Abuse

Ayaya ! Apollo Ang sudah pension lah!

Posted by StartOfTheBull > 2022-01-20 12:38 | Report Abuse

With the existing Omicron also can't push up the price. Now WHO is predicting the arrival of the epidemic stage. If there isn't any upcoming serious variants there is very likely it is the end of gloves play now. 99% confirmed.

Posted by rocky_88 > 2022-01-20 12:56 | Report Abuse

for me.. its not about the new variant or no of cases..

the FA and the demand still high for the glove plus the TA, go see the chart from the previous year, hx will be repeated.. pls la guys, nobody one the lockdown again right..

Posted by rocky_88 > 2022-01-20 13:01 | Report Abuse

doesnt matter the covid end or what.. the hx will be repeated remember that.. the price could go higher that rm11.. buy when others fear sell when other greed /FOMo

Posted by Habisgl0v3333 > 2022-01-20 14:10 | Report Abuse

Downtrend still intact

Posted by RockerArm > 2022-01-20 15:06 | Report Abuse

Political development no good, corruption in MACC. , SC dare not take action , big companys left Malaysia to Indonesia ,Singapore etc.....Foreign funds also left . Convid 19 not over , flood problem come .Jobless problem increases All this contribute to the weakness in share market. . Operators will press he shares lower since no foreign funds to compete . Best stay away .

Posted by Timercheng > 2022-01-20 15:09 | Report Abuse

Margin players in hot soup

Posted by Youngkid > 2022-01-20 15:13 | Report Abuse

Sea liow !

Posted by Sansing > 2022-01-20 15:26 | Report Abuse

Run ! yesterday falling knife signal appeared

Posted by Sansing > 2022-01-20 15:30 | Report Abuse

Where is MM ? Never come to add fire

Posted by tahong > 2022-01-20 15:41 | Report Abuse

If todayy closing not above Rm !.30, better cabut loh for kaki contra !

Posted by tahong > 2022-01-20 15:45 | Report Abuse

Don't play with fire

Posted by Rockers > 2022-01-20 15:50 | Report Abuse

MM , hides inside jamban, dare not come out

Posted by SinGor > 2022-01-20 16:33 | Report Abuse

neutral on Super, only bearish on Top...But chances are both going Hit 99sens in near future

Posted by Investor126 > 2022-01-20 16:54 | Report Abuse

1.27 the lowest closing of 52 weeks. Cocked up counter. Going back to where it belongs.

Posted by monetary > 2022-01-20 17:03 | Report Abuse

Rockers MM , hides inside jamban, dare not come out
20/01/2022 3:50 PM

Come out to check how much u lost?

Posted by Maridien2 > 2022-01-20 18:20 | Report Abuse

Reference is made to The Star article titled “Canada terminates contract with Supermax” which appeared on 19 January 2022.

The Company wishes to confirm that the Supermax Group’s Canadian subsidiary, Supermax Healthcare Canada Inc, has indeed agreed to terminate by mutual consent with the Federal Government of Canada the 2 existing contracts for the supply of nitrile gloves. The remaining balance of these 2 contracts at FOB value is US$ 12.67 million or under 0.8% of the Group’s revenue. The Group’s Canadian unit’s contracts for other Personal Protective Equipment (PPE) products remain in place and are not affected.

The Supermax Group wishes to reiterate that it had embarked on its undertaking to meet the International Labour Organisation (ILO) standards on migrant workers since 2019. The Group has been implementing many improvements and upgrades to improve its workers’ welfare in stages and has taken steps to speed up the process in order to meet the ILO standards in good time.

Posted by Lucifer999 > 2022-01-20 18:21 | Report Abuse

Habis la..

Posted by warrenG > 2022-01-20 18:35 | Report Abuse

only 0.8% group revenue affected..and they are not banned in Canada, just remaining balance gloves supply for Canada government has been terminated, other contracts with PPE are still ongoing, once this labour issue is solved sure Canada government will re-sign the contract

Posted by Ryan83 > 2022-01-20 19:44 | Report Abuse

Supermax US CBP ban since October is the most negative news and needs to be settled as soon as possible...Next month QR will not be good as predicted by analysts

Posted by ivanlau > 2022-01-20 20:31 | Report Abuse

Today closing 1.27 ... now consider undervalue, the fair value till June 2022 should be at least
Rm 2.0 ...........

Posted by freddiehero > 2022-01-20 20:32 | Report Abuse

u got see it LD, superman

Posted by Geek2020 > 2022-01-20 20:37 | Report Abuse

Switch from gloves counters to value like PBB, Gamuda, etc