SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.88

Today's Change

+0.01 (1.15%)

Day's Change

0.865 - 0.89

Trading Volume

5,522,100


99 people like this.

222,531 comment(s). Last comment by smurfbee 16 hours ago

UPlanet

1,450 posts

Posted by UPlanet > 2022-02-22 21:16 | Report Abuse

Mini2021, still early for Kossan to release ugly results la, coz when only enter 2022QR, then you’ll know! Our good looking but damn stupxd FM Zafru already set a ugly results for Bursa la. No one will willingly pay the extra 9% prosperity tax la. This year definitely won’t be good for bursa. Bo Chau Si !!!

Posted by LongTermInvestor8 > 2022-02-22 21:26 | Report Abuse

Pre-covid from 50 cents to RM10 = up 1333%
from RM10 to RM1 = down 90%
Now with such a lousy result, it might go back to 50 cents.

Those that bought at Mountain Everest, there is no way it will go up 1000% again. Sorry.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 21:37 | Report Abuse

Credit to mini lo own up mistake ... btw anyone seen infamous pjseow ??? and taofoo lou?
*********
Stock: [SUPERMX]: SUPERMAX CORP BHD

Feb 16, 2022 9:49 AM | Report Abuse

From xx million to 1 billion to xx million =average 3xx-4xx million ....rm 5

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 21:38 | Report Abuse

You support dsst better buy aurelia gloves la from 11 to 1 become toilet paper d still haven't wake up
*********
Maridien2 I am sure Stanley wants to be a multi billionaire not millionaire

ken2004

1,473 posts

Posted by ken2004 > 2022-02-22 21:38 | Report Abuse

Seriously since when this have 0.50 before?

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 21:39 | Report Abuse

Spmx so bad QR also Zafrul fault ??? Clap hands
*******
damn stupxd FM Zafru already set a ugly results for Bursa la.

Boston

107 posts

Posted by Boston > 2022-02-22 21:41 | Report Abuse

Natsuko. This group still not so bad…wait till you visit TG forum in telegram then you know what’s stubbornness.

Posted by Dontbullshit > 2022-02-22 21:46 | Report Abuse

Cash & Bank balance RM 3.3B

blackchicken

1,220 posts

Posted by blackchicken > 2022-02-22 21:49 | Report Abuse

Supermax 2Q profit plummets amid US, Canada ban - http://www.theedgemarkets.com/article/supermax-2q-profit-plummets-amid-us-canada-ban

Posted by NatsukoMishima > 2022-02-22 21:50 | Report Abuse

@Mini2021 Switch to Dnex to second loss....
_________
No , it wont but dnex will change your fortune and life !

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-22 21:59 | Report Abuse

Cash and bank balance RM3.3billions already fully allocated for US expansion (RM2.2billions) and Malaysia expansion (RM1.39billions) so Supermax shareholders don't expect any dividend this year

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-22 22:17 | Report Abuse

Oh wow, I know US/Canada cbp ban is bad, but once factor in prosperity tax, it's double bad.
Price likely dip below RM1 by this week. Maybe good for long-term holder, but for short term investor, would stay away until after ban is lifted.

Maridien2

1,084 posts

Posted by Maridien2 > 2022-02-22 22:36 | Report Abuse

Good, let bumi sapu 30% cheap tickets so supermax can build their operation hq.

freddiehero

16,715 posts

Posted by freddiehero > 2022-02-22 22:37 | Report Abuse

enjoy coffee..

Posted by StartOfTheBull > 2022-02-22 22:42 | Report Abuse

Where is the ambassador yenlohwan Moneymakers?

Posted by EatCoconutCanWin > 2022-02-22 23:01 | Report Abuse

All is Malaysian government problem cause of end of the gloves.

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-02-22 23:37 | Report Abuse

Drop
I will continue to buy

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-02-22 23:41 | Report Abuse

Cash in hand RM 1.29 per share
A debt free company

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-22 23:55 | Report Abuse

Calling privatisation and high dividend scammers out ... come out of cave leh

Posted by EatCoconutCanWin > 2022-02-23 08:37 | Report Abuse

IB lower target price to 0.80

Posted by NatsukoMishima > 2022-02-23 08:41 | Report Abuse

https://www.cnbc.com/2022/02/22/covid-infections-plummet-90percent-from-us-pandemic-high-states-lift-mask-mandates.html

Yes , the world will be back to normalcy soon , thanks to efficience vaccines , the world boarder will be opened soon , we can back pack travel to beautiful islands soon !

Posted by NatsukoMishima > 2022-02-23 08:42 | Report Abuse

Supermax limit down today , stand by for anothet 40 % loss if still dont run !

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-23 08:48 | Report Abuse

Without US market Supermax will not hv premium ASP price and decent profits so wait for another few quarters for Supermax to be released from US CBP ban

Posted by NatsukoMishima > 2022-02-23 08:52 | Report Abuse

Spmx usa expansion will be the biggest failure project and will see net loss !

Posted by Investor126 > 2022-02-23 08:54 | Report Abuse

Had been a toothless black panther for so long.
Even the US' expansion is just a mere briefing these days without details. Can Supermax please share more details please?

Posted by investmalaysia618 > 2022-02-23 08:57 | Report Abuse

more details should ask from pjseow. kikiki

Posted by investmalaysia618 > 2022-02-23 08:57 | Report Abuse

orang tua ni memang degil. last year keep ask him sell but still scold back us. now he sendiri suffer hohoho

CharlesT

14,604 posts

Posted by CharlesT > 2022-02-23 08:57 | Report Abuse

Posted by NatsukoMishima > Feb 23, 2022 8:52 AM | Report Abuse

Spmx usa expansion will be the biggest failure project and will see net loss !

Maybe better to buy Empire Shopping Mall like Comfort...at least can lose less.....

Posted by investmalaysia618 > 2022-02-23 09:16 | Report Abuse

already warn people here ma. bad move by expanding to us. high cost but people not willing to pay for high price gloves as they can buy from cheaper countries. expand in us only will get business from gov.

LossAversion

1,692 posts

Posted by LossAversion > 2022-02-23 09:20 | Report Abuse

@investmalaysia618, US market/production is about "brand", "trust", "safe"; Cheap China is about abundant bulk, for inferior/dont care, etc

stingray_ea

2,765 posts

Posted by stingray_ea > 2022-02-23 09:23 | Report Abuse

=========================

Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 9, 2021 9:47 AM | Report Abuse

1.xx


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Oct 4, 2021 3:05 PM | Report Abuse

5...4...3.... 2... 1



Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 9, 2021 9:40 AM | Report Abuse

Next. Topglove target is 1.xx


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Oct 6, 2021 11:19 AM | Report Abuse

70:30 break ==> 2.50


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:58 PM | Report Abuse

harta price is the highest among glove all klcii counter but Harta score is not
the best in term of value investing for glove industry.


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:39 PM | Report Abuse

In trading.... Drop 1 cent is still drop ... lost 1 cent is still lost .. bad news ...
good news.. not in radar ...


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:37 PM | Report Abuse

refer BAT price hit rm 73.75 on 2014 supported by high dividend.

today BAT only trade at rm 15.12. long term investor still gain in term of
dividend but capital loss in waiting time.( rm 73.15 minus rm 15.15)


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:25 PM | Report Abuse

@jolynce,

stingray_ea tell you how market work in operator world...

if you miss the chance to sell supermx on 22 Oct for price RM 2.27 ...
A good news release on Kossan 12 cent dividend at surface view of majority ikan bilis.


Your can only sell at 1.82 today closing price. 50 cent different ...
That will happen to Harta too.
Unless Harta is very special case ... Q ROE double or tripple up


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 5:04 PM | Report Abuse

if supply increase || demand drop double. -->> demand drop triple ...worst scenario ...

and next Q net profit drop 300M-450M. Over price now.


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 4:46 PM | Report Abuse

harta ??

Stock: [SUPERMX]: SUPERMAX CORP BHD
Oct 22, 2021 10:22 AM | Report Abuse

best time for selling while good news is from kossan


Stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 4:40 PM | Report Abuse

harta Q ROE (12.82%) and Kossan Q (13.51%) about the same..
expected harta price will sharp drop once value investor full load.

dividend 0.34 is used to reduce selling speed ... Target below rm 5

Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 2, 2021 4:06 PM | Report Abuse

>>> fifo


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Nov 2, 2021 4:04 PM | Report Abuse

-8 cent to touch 2.50....


Stock: [TOPGLOV]: TOP GLOVE CORP BHD
Oct 6, 2021 11:19 AM | Report Abuse

70:30 break ==> 2.50



Stock: [SUPERMX]: SUPERMAX CORP BHD
Oct 22, 2021 9:13 AM | Report Abuse

70:30 break 2



Stock: [SUPERMX]: SUPERMAX CORP BHD
Oct 22, 2021 10:22 AM | Report Abuse

best time for selling while good news is from kossan

12 dividend .

what if next Q Kossan profit drop another 50% and 12 dividend ?
that will be too late for big fund

==============================

Posted by investmalaysia618 > 2022-02-23 09:32 | Report Abuse

What brand trust safe LOL. glove is glove. does not have competitive advantage over others. its a disposable item. as long as fda approve then its fine. mahsing also can get fda approve for its glove. you continue to dream la. i wont stop you.
------------------------
LossAversion @investmalaysia618, US market/production is about "brand", "trust", "safe"; Cheap China is about abundant bulk, for inferior/dont care, etc

JovaneChua

430 posts

Posted by JovaneChua > 2022-02-23 09:34 | Report Abuse

good opportunity at UCREST 0005, Alll the best

Posted by Jonathan Keung > 2022-02-23 09:39 | Report Abuse

This is bad .another new record low 1.03

Maridien2

1,084 posts

Posted by Maridien2 > 2022-02-23 09:53 | Report Abuse

lets hope bumiputera buy more to make it 30% equity and stanley can build his operation hq.

Ryan83

1,835 posts

Posted by Ryan83 > 2022-02-23 09:56 | Report Abuse

Supermax strong buying support maybe share buyback

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2022-02-23 10:08 | Report Abuse

Better jump to semicon laa..now rebound..

Bullrunrun

971 posts

Posted by Bullrunrun > 2022-02-23 10:16 | Report Abuse

Share buyback now

Citadel123

352 posts

Posted by Citadel123 > 2022-02-23 10:19 | Report Abuse

SO MANY PROMOTERS AT RM 6, NOW RM1 SO CHEAP NO MORE PROMOTE????HAHAHA

Citadel123

352 posts

Posted by Citadel123 > 2022-02-23 10:23 |

Post removed.Why?

Citadel123

352 posts

Posted by Citadel123 > 2022-02-23 10:24 |

Post removed.Why?

Citadel123

352 posts

Posted by Citadel123 > 2022-02-23 10:25 | Report Abuse

Stock: [SUPERMX]: SUPERMAX CORP BHD

Jul 17, 2021 12:11 PM | Report Abuse

gemfinder, gloves are not for you.

There is no need for you to come and pour cold water on glove investors.

Glove counters are not punching bags for you to let off steam when you lost money elsewhere.

Go and find your "gems" at airasia and genting.

Come back only when you see people wears gloves to football matches.

LOL....

@BEARY BEARY BEARY BEARY

Posted by Investor126 > 2022-02-23 10:26 | Report Abuse

Not SBB, do not worry.
How much money can Supermax allocate for SBB? Even if Supermax SBB, that is just as little as can. As usual, it is a smokescreen only. The more you buy, the more you cry.

Citadel123

352 posts

Posted by Citadel123 > 2022-02-23 10:27 | Report Abuse

Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD

Feb 19, 2022 9:41 PM | Report Abuse

Observatory, With the last QR inventory valued at 423 millions valued at 35 to 40 % lower ASP than the preceeding QR inventory valued at 408 million with higher ASP , it means the the inventory volumes in.last QR were much higher than preeding QR. The RHB report did mention that they had container shortage problem also. It means some of the shipments were withheld as finished goods inventory due to container shortage. The inventory as a percentage of revenue is 15 % higher than preceeding qtr. Hence I believe the Utilization may be just slightly lower than 80 % and the ASP for last qtr could be between USD 35 to 41.

@PJSEOW PJSEOW PJSEOW, HIDE INSIDE KOSSAN?HAHAHA

Posted by investmalaysia618 > 2022-02-23 10:28 | Report Abuse

hahahahaha @citadel, nice one

rr88

6,430 posts

Posted by rr88 > 2022-02-23 10:46 | Report Abuse

Still got die hard ideeeyots here surrounding this sheeaat hole. Like the smell or what. From 12.00 to 1.04.

Latest qr earnings 1.83 cents per share only. 7.3 cents annualised or 0.73 share price at pe10.

0.73 exbonus = 1.46 prebonus. This is where it all started when it moved to 24.00 prebonus.

Conclusion. Its on its way back all the way to its square 1 at 0.7x.

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-02-23 10:53 | Report Abuse

Haha gonna enjoy citadel banters before glovers report to delete

jacklimeu2

931 posts

Posted by jacklimeu2 > 2022-02-23 11:09 | Report Abuse

My original starting point was 1.40 (pre bonus). So if it drops to 70sen, I buy all back...lol

Posted by Habisgl0v3333 > 2022-02-23 11:10 | Report Abuse

Where djoker89? He must be very happy to buy lol

Posted by StartOfTheBull > 2022-02-23 11:11 | Report Abuse

His bullets storming the forum after quite for sometime. Just continue to watch the show.

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