SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.775

Today's Change

+0.02 (2.65%)

Day's Change

0.745 - 0.78

Trading Volume

20,984,100


97 people like this.

221,207 comment(s). Last comment by GlovesOff 18 hours ago

Posted by NatsukoMishima > 2022-05-11 16:40 | Report Abuse

64 sens price tag for lelong !

Ryan83

1,806 posts

Posted by Ryan83 > 2022-05-12 10:10 | Report Abuse

Supermax QR end of this month will be worse than previous QR profits RM40+ millions due to US CBP ban, depressed ASP price, higher costs e.g salary and logistics

Posted by cbmytrading > 2022-05-12 20:38 | Report Abuse

nothing much to see..the sound of the waves still remains...

Posted by Investor126 > 2022-05-17 10:09 | Report Abuse

Lower soon. Not worth too at current price.
As I have said earlier, Stanley and his management screwed up, and let retailers wipe their arse.

Posted by stockpick2me > 2022-05-17 11:25 | Report Abuse

Drop more and more... gg

Posted by HK_Wealth_Management > 2022-05-18 11:50 | Report Abuse

That is funny, where can top glove bigger share holder calling their senior management staff to buy share with internal unpublished news

ming

1,937 posts

Posted by ming > 2022-05-18 12:24 | Report Abuse

BUY in purely for their cash on hands..

ming

1,937 posts

Posted by ming > 2022-05-18 15:35 | Report Abuse

can sapu cheap assets during market crash~

IronShirt

3,085 posts

Posted by IronShirt > 2022-05-18 17:21 | Report Abuse

everyday do buy-back but refused to release Qr results on Time

Posted by investmalaysia618 > 2022-05-18 22:14 | Report Abuse

yaya, the cash will go into stanley pocket

Posted by Investor126 > 2 months ago | Report Abuse

Yes, why benefits the shareholder other than own pocket? Sure must find way to syphon those monies out.
Ask your self this question if you are a late comer after this pandemic. Since when one benefited from glove counter? In what form? Dividend? Dividend also cannot cover your losing. Furthermore, dividends were only given lately after glove came down from it's peak. Many will deny the logic sense, but your money been trapping inside could have used somewhere else.

Posted by HK_Wealth_Management > 2 months ago | Report Abuse

Think far away, Top glove is cashing out the fund from equity in order to make the acquisition

Investoz88

487 posts

Posted by Investoz88 > 2 months ago | Report Abuse

SBB provides assurance to investors that company is solid and price is undervalue.
Last qtr results released by UG Healthcare (OBM company) shown revenues and profits increased qoq. Supermax should be the same?

Posted by cbmytrading > 2 months ago | Report Abuse

today 520,still got ppl 520 super?

Posted by cbmytrading > 2 months ago | Report Abuse

@126 yar it's ture the glory time is gone...

Posted by cbmytrading > 2 months ago | Report Abuse

@618 yar lah even got billions of cash in hand and it's nothing do with investors...investors only see the share price fall down the valley bottom...

Posted by Investmalaysiaa > 2 months ago | Report Abuse

Gov also kena sue. Who dare to use supermax gloves wor

Legend

4,067 posts

Posted by Legend > 2 months ago | Report Abuse

KUALA LUMPUR (May 20): The UK High Court had on Wednesday (May 18) allowed a case against the UK government to proceed for its continued use of gloves manufactured by Supermax Corp Bhd due to forced labour allegations against the Malaysian company, legal news and commentary website Jurist reported.

"In December 2021, the UK awarded a contract to Supermax to supply the National Health Service (NHS) with disposable gloves.

"All the Citizens, represented by UK law firm, Wilson Solicitors, is suing the government for continuing its relationship with the Malaysian company, despite an investigation uncovering allegations of forced labour in Supermax’s factories,” Jurist reported on Thursday (May 19).

joyvest

7,023 posts

Posted by joyvest > 2 months ago | Report Abuse

What the hell is going on?

joyvest

7,023 posts

Posted by joyvest > 2 months ago | Report Abuse

I thought the alleged labour abuse has been clarified and settled and no longer an issue by now. Why out of the sudden you get this kind of unexpected event?

Posted by Investmalaysiaa > 2 months ago | Report Abuse

Since when supermax settle their labour issue

Posted by prudentinvestor > 2 months ago | Report Abuse

The heydays of glove stocks are long over. Even a hyper bull market won't propel it to RM2.

Posted by Investmalaysiaa > 2 months ago | Report Abuse

Rm2 is 100% return d lo. Very low possibility. Pity those who stuck high and day dreaming with their PE, cash, earnings calculations

DannyArcher

1,250 posts

Posted by DannyArcher > 2 months ago | Report Abuse

I feel sad for those holding at the top.

Posted by Investmalaysiaa > 2 months ago | Report Abuse

No need to feel sad. They deserve it. We have warn them. They choose to ignore

looiting

359 posts

Posted by looiting > 2 months ago | Report Abuse

Quarterly results may be shocking for most retailers

Posted by Investor126 > 2 months ago | Report Abuse

Never mind, many happily stuck their money here.

looiting

359 posts

Posted by looiting > 2 months ago | Report Abuse

Ten cents company

Ryan83

1,806 posts

Posted by Ryan83 > 2 months ago | Report Abuse

Supermax will report more worse QR tis week compares to last bad QR

Posted by HK_Wealth_Management > 2 months ago | Report Abuse

Sri Trang-Agro Industry Ord Shs acquired by TG

Posted by cbmytrading > 2 months ago | Report Abuse

prolonged rain...like the market...

Posted by Value Investor Coo1eo > 2 months ago | Report Abuse

Delaying the QR is a very big mistake...

RWG

437 posts

Posted by RWG > 2 months ago | Report Abuse

holland liao supermax

Mini2021

1,229 posts

Posted by Mini2021 > 2 months ago | Report Abuse

OMG the result is terrible ...earn RM 13 million .....if one day spend 1 million only can support for two weeks...

citadel888

529 posts

Posted by citadel888 > 2 months ago | Report Abuse

hahaha mana supporters??? @pjsoew @ toonefa@beary@ djoker ????

emsvsi

3,044 posts

Posted by emsvsi > 2 months ago | Report Abuse

COME JOIN US IN KELUARGA GENTING MALAYSIA !

gohkimhock

2,538 posts

Posted by gohkimhock > 2 months ago | Report Abuse

When we tell people the shares of this company was overvalued one year ago, there is always a reason why we came into this conclusion. Those who refused to listen, congratulations on this expensive lesson.

Posted by Investor126 > 2 months ago | Report Abuse

Never mind, supporters cum glovers think Supermax is still earning.
Furthermore, peanut dividend will be given too.

Posted by BursaVulture > 2 months ago | Report Abuse

Price still above pre-covid... before covid was 70 cents, but now earnings lower than 2019. This one... GG... will drop to 70 cents or lower, that is the support line.

bsinvestor

151 posts

Posted by bsinvestor > 2 months ago | Report Abuse

what? 13m only?

beso

2,137 posts

Posted by beso > 2 months ago | Report Abuse

Q3 net profit plummeted 98.71% yoy, habislah.
those refused to admit mistake no choice have to pay big for the lesson.

williamtkb

3,206 posts

Posted by williamtkb > 2 months ago | Report Abuse

Wao... QR only 13m profit. TG maybe similar amount too. No wonder EPF keep selling TG

Posted by Investmalaysiaa > 2 months ago | Report Abuse

2019 supermax earn 30m per qr. now is half of that. Habis Liao. Current price is still way above pre covid price

michaelwong

3,040 posts

Posted by michaelwong > 2 months ago | Report Abuse

Gloves counter stocks give Punjabi aldy . No turning back

Karma4444

743 posts

Posted by Karma4444 > 2 months ago | Report Abuse

Benggali said teddy meri teddy meri liao

Posted by NatsukoMishima > 2 months ago | Report Abuse

Tai go confirm net loss n frighten all glove fans !

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2 months ago | Report Abuse

70 cents confirm coming.... question is will go lower than 70 cents or not?

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