SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.845

Today's Change

+0.005 (0.60%)

Day's Change

0.83 - 0.86

Trading Volume

2,968,000


99 people like this.

222,537 comment(s). Last comment by 5231428 1 day ago

myinvestor

1,216 posts

Posted by myinvestor > 2022-08-13 09:31 | Report Abuse

US monkey pox cases shot up to 10392 in two months. Multiply 10k in 2 months. What will new cases in US in x2 months.? Just guess 5m-10m of new cases. Several states in US had already declared emergency. I believe North America and Europe the usage of gloves definitely is very high in coming months due to outbreak of monkey pox. The health workers who dispense the vaccine will sure to wear gloves this time and ppl there will start to wearing gloves to prevent infection.
https://www.youtube.com/watch?v=ro9HwYwtRgQ&t=120s

Posted by NatsukoMishima > 2022-08-13 10:06 | Report Abuse

Next week bursa tech stocks all will skyrocket while glove stocks will continue plummet to 5x sens only take a breath !

Glove stocks hold longer loss bigger ! Pls copy this warning n keep for yourself !

Posted by NatsukoMishima > 2022-08-13 10:14 | Report Abuse

I believe most of the glove supporters so called long term value investors have read Mr xxxxxxx books and become over confident with harta n top glove end up losing more than 80% capital ! If 10 - 20 years ago , i would say yes the theory n strategy from the book is suitable but if u still stick to the same methods at todays stock market game then u standby slaughtered by market wave trend ! Even Warren Buffet also admit n change mindset to bet tech stocks already bro !

Posted by NatsukoMishima > 2022-08-13 10:39 | Report Abuse

The main reason why Malaysia glove company will lose to China glove :

1.China wont care about what the xxxxxxg forced labor , ESG bullxxxx from USA , China objective is to make cheapest yet acceptable quality products to dominant the world market ! China wont scare about losing market by their cheapest price strategy !

Posted by Habisgl0v3333 > 2022-08-13 11:25 | Report Abuse

Wow glove price plummet! My own prediction is even wrong wtf. Now really pity those glovers

Posted by Habisgl0v3333 > 2022-08-13 11:26 | Report Abuse

Ya I saw this coming, started warn investor but got treated like naysayers, actually we r angel ok

myinvestor

1,216 posts

Posted by myinvestor > 2022-08-13 13:50 | Report Abuse

Real time monkeypox tracker.
https://www.monkeypoxmeter.com/

gohkimhock

3,045 posts

Posted by gohkimhock > 2022-08-13 17:49 | Report Abuse

monkeypox and smallpox viruses are genetically similar, which means that antiviral drugs and vaccines developed to protect against smallpox may be used to prevent and treat monkeypox virus infections. Some smallpox vaccines can prevent monkeypox, including the ACAM2000 and Jynneos vaccines.

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-08-15 10:26 | Report Abuse

Not even a better day ahead. 5 factors and only 2 already took this stock to the lowest. Still a few what self claimed super traders and investors roaming freely in other public room. What a shame.

Posted by bullmarket1628 > 2022-08-15 10:44 | Report Abuse

Sailang all my belongings till underwear to buy-in Supermx at @0.75

Heng ah, Ong ah, Huat ah !

SWT1988

1,338 posts

Posted by SWT1988 > 2022-08-15 12:31 | Report Abuse

will start buy if below 0.70

Posted by NatsukoMishima > 2022-08-15 13:43 | Report Abuse

All the IB will cut 50 % more Tp once Tg qr out later !
5x sens - 3x sens hovering forever unless all China glove factory close !

Posted by NatsukoMishima > 2022-08-15 13:53 | Report Abuse

Welcome kossan to the hotel penny stock , next will be harta , all big 4 reunion at penny stock club , USA and EU will start reduce using of disposable health care products to fight pollution climata change issue next year ! 5x sens is the real value of big 4 once news annouce later ! If u listen to me cut loss while harta still around rm 4.xx n buy dnex now u goyang kaki for multiple gains already ! Buy only future stock not sunset past tense glove stocks , big 4 will never never rebound forever forever , ur money just freezed inside frige forever n sure there will be 1 - 1.5 sen div or even 0 div qr !


NatsukoMishima

3,595 posts

Posted by NatsukoMishima > 25 minutes ago | Report Abuse

Cut loss now u still can buy 200 lot dnex keep for tp: rm 4 - 6 !


NatsukoMishima

3,595 posts

Posted by NatsukoMishima > 22 minutes ago | Report Abuse

EPF know the news faster than normal retailers n dump everyday to water fish yet they still think they are smart value investor buy in dip just like W.B or Mr Cxxx xxx!


NatsukoMishima

3,595 posts

Posted by NatsukoMishima > 19 minutes ago | Report Abuse

Now believe what i said already harta rm 1.xx ! Towards 5x sens soon , very excited to see a sunset stock plummet to bottemless black hole !

Posted by NatsukoMishima > 2022-08-15 14:02 | Report Abuse

U cant win CHINA , they want Malaysia glove factory close within 5 years ! They will sell at ASP 12 - 15 !

myinvestor

1,216 posts

Posted by myinvestor > 2022-08-15 14:12 | Report Abuse

Blue sail lost 2.2 b last 2 qtr. It even worse than our big 4. China gloves companies will go bankrupt faster.

see2sea

2,194 posts

Posted by see2sea > 2022-08-15 14:43 | Report Abuse

Lol..long term investor? Still got dividend or not next few qtr? Top 50 long term shareholders

Posted by NatsukoMishima > 2022-08-15 16:57 | Report Abuse

All the big 4 will hit 5x sens n ofcourse some privatization happen , good luck to high level buyers !

GlovesOff

2,499 posts

Posted by GlovesOff > 2022-08-16 12:11 | Report Abuse

apa macam siapa lagi mau sidebet haha

Posted by Investmalaysiaa > 2022-08-17 08:56 | Report Abuse

Oh beary ke hahahaha he bankrupt d by buying all glove shares last year What else he left to bet with us kikiki

Posted by NatsukoMishima > 2022-08-19 13:44 | Report Abuse

On Aug 21, 2020, Top Glove had closed at RM9.33, Hartalega finished at RM17.74, Supermax ended at RM10.95 and Kossan closed at RM8.20.

cK1973

1,837 posts

Posted by cK1973 > 2022-08-19 14:07 | Report Abuse

still a very good counter for dividend and long term play....
currently cannot.....
better move to tech stocks......

Posted by Investor126 > 2022-08-19 15:19 | Report Abuse

Still a pathetic counter. Those who bought earlier, you got to find your way out.
I hate to say this, but you will continue to see your paper loss for a very long time.

myinvestor

1,216 posts

Posted by myinvestor > 2022-08-19 17:46 | Report Abuse

The Rosharon site will be Supermax’s 18th manufacturing facility worldwide, but the first to be built in the United States.
The State of the Art company, which specializes in manufacturing medical gloves, is planning on a four-phase build out with phase one already underway at CR 52 and CR 48, just off Hwy. 288.

Alvin Mayor Paul Horn said that the city will form an Industrial District to protect the entire facility from being annexed.
He added, “This will definitely impact our area. We have new housing developments being created on Hwy. 288 and CR 1462 in the near future and those new homes will really benefit them.”

Each phase of the development should produce an estimated 400 million gloves per month, according to Maxter Healthcare President Stanley Thai.

An estimated 1.6 billion gloves will be produced each month, meaning 19.2 million gloves can be produced annually.
“This domestic manufacturing capacity will aid the U. S. in its ability to respond to the current pandemic and help safeguard the U.S. in the future,” said Thai.

“In addition, through the establishment of our research and development center and collaborations with the local and regional education institutions, we will be developing innovative new products and technologies,” he added.

State of the art equipment is going to be a part of the manufacturing with “world-class” capabilities, such as automation, robotic manufacturing and Industry Revolution 4.0, according to the company.

Maxter CEO CK Tax said the facility will strengthen the U.S. Personal Protective Supply Chain by building domestic capacities. “We will be capable of catering to at least 10-15 percent of the total annual medical glove imports into the country over the next two to four years.

"Over the next four to six years, as our capacity increases, we will be able to provide 20-25 percent of the domestic demand and consumption.”

Elected officials, as well as education leaders, are excited to see this area chosen, and anticipate jobs, training and education with the company to benefit all of Brazoria County.

Alvin Community College President Dr. Robert Exley said the College is eager to partner with Maxter Healthcare.

“I am excited about the opportunities for Alvin Community College to work closely with the leadership of Maxter Healthcare, Inc. to assure that they have a skilled workforce. I remember attending a Brazoria County Commission meeting last year where their project was presented and we heard from their executive leaders and owners,” said Exley.

“ACC stands ready to continue to meet our mission of access and excellence for our community members through workforce development and education. This is a very concrete example of teamwork in action,” he added.

Brazoria County Matt Sebesta said, “We welcome Maxter Healthcare and the significant investment they are making in the county and the great job opportunities they will provide for our citizens.

Alvin ISD Superintendent Carol Nelson agreed, adding, “The long-term benefits of a project like this in our community are clear and significant. The direct and indirect jobs and educational partnerships abound. The implications of a project like this goes far beyond our local boundaries and will add to our local economy.”

Icon 888

2,248 posts

Posted by Icon 888 > 2022-08-21 22:23 | Report Abuse

DUN touch glove stock!!! Oversupply glove.. Sales Will drop At least 50percent .. DUN catch falling knife.

Ryan83

1,835 posts

Posted by Ryan83 > 2022-08-22 09:25 | Report Abuse

Supermax tis week will announce very exciting quarterly result as ASP still declining and production cost keeps increasing

myinvestor

1,216 posts

Posted by myinvestor > 2022-08-22 11:52 | Report Abuse

China declares first ever drought emergency amid intense heatwave
Yesterday. Power cut and many factories shutdown.

Posted by Investor126 > 2022-08-22 16:45 | Report Abuse

Whatever price now also not as attractive as later.
Will continue to move downwards.

Posted by Habisgl0v3333 > 2022-08-22 18:08 | Report Abuse

SUPERMX in i3 used to be hottest.. kinda miss those days, now 1 week still on first page haha

Posted by Habisgl0v3333 > 2022-08-22 18:08 | Report Abuse

After bear won every argument is kinda boring tbh

alex

1,347 posts

Posted by alex > 2022-08-22 19:11 | Report Abuse

33 mil profit, 10% net margin, 3 sen dividend... ok ... not too bad...

DestinyL

4,740 posts

Posted by DestinyL > 2022-08-22 21:04 | Report Abuse

Improvement Q to Q

terence775

550 posts

Posted by terence775 > 2022-08-22 21:28 | Report Abuse

Profit and margins increasing Quarter on Quarter? Can this be true? I analyze supermax's quarter result in my article. PM me to read for free! Unfortunately i3 doesn't allow me to share it here so I host it elsewhere.... and can't share the link here either unless you PM me.

KooSan

446 posts

Posted by KooSan > 2022-08-22 21:57 | Report Abuse

Still got dividend....not bad Mr Thai

ckmok3675

15 posts

Posted by ckmok3675 > 2022-08-22 22:01 | Report Abuse

33mil profit is from a part of the foreign currency gain (40mil) pls refer page 12, item 5 (total operating expenses). Therefore, in reality Supermax is suffered a loss of 7mil (33-40mil) in this QR

Posted by melanie1818181818 > 2022-08-22 22:03 | Report Abuse

wakaka!!! apa L also can pusing, nothing can go wrong in SPX LALA LAND...
lose until mabuk don't know how to read QR report

Posted by melanie1818181818 > 2022-08-22 22:04 | Report Abuse

getting popcorn ready..
looking forward to self-consolation pusing pusing comments from SPX legend sor hai pjseow

mf

28,403 posts

Posted by mf > 2022-08-22 22:12 | Report Abuse

Dow Jones

Dow Jones Industrial Average

33,292.18

-414.56

1.22%

Nasdaq

NASDAQ Composite

12,469.25

-235.95

1.85%

Icon 888

2,248 posts

Posted by Icon 888 > 2022-08-22 22:17 | Report Abuse

Glove winter.. DUN see 2years

Icon 888

2,248 posts

Posted by Icon 888 > 2022-08-22 22:30 | Report Abuse

Glove winter.. DUN see 2years

i3lurker

13,737 posts

Posted by i3lurker > 2022-08-23 00:04 |

Post removed.Why?

calvintaneng

55,563 posts

Posted by calvintaneng > 2022-08-23 00:36 |

Post removed.Why?

Posted by Investor126 > 2022-08-23 09:15 | Report Abuse

Another day of offload soon. Be wary.

MichelleNg

1,031 posts

Posted by MichelleNg > 2022-08-23 09:57 | Report Abuse

Wao...superman return green.

Loh Kok Wai W

3,615 posts

Posted by Loh Kok Wai W > 2022-08-23 17:27 | Report Abuse

Target ...0.50 cts...

Posted by NatsukoMishima > 2022-08-23 22:28 | Report Abuse

@KooSan

300 posts

Posted by KooSan > 1 day ago | Report Abuse

Still got dividend....not bad Mr Thai
__________
These few sens dividend is to prevent heavy dump by shareholder !

Ryan83

1,835 posts

Posted by Ryan83 > 2022-08-24 08:35 | Report Abuse

Supermax worst quarterly result yet to come for coming November quarterly result

Posted by Investor126 > 2022-08-24 09:38 | Report Abuse

Dividend of 3 cents per share, but price wise another 20% discount later.
Bear in mind, Supermax's cash has nothing to do with you.

taihai

477 posts

Posted by taihai > 2022-08-24 12:28 | Report Abuse

naps #$1.74 ? now only 75c why director does takeover ??????

mf

28,403 posts

Posted by mf > 2022-08-24 14:29 | Report Abuse


US 30

32,850.50 32,922.90 32,785.10 -59.1 -0.18% 02:28:26
US 500

4,121.60 4,131.00 4,111.90 -7.1 -0.17% 02:28:16
US Tech 100

12,859.30 12,892.90 12,817.00 -22.5 -0.17% 02:28:26

Albukhary

2,969 posts

Posted by Albukhary > 2022-08-27 16:01 | Report Abuse

When interest rate continue to hike, those company with huge borrowing will suffer.
While company with huge cash will be benefit.

High debt company:-
1) Paying high interest, so margin is shrink
2) Customer's purchase power will reduce, so buy lesser product.
3) Some customer start to delay payment, so company will tighten their credit policy.
4) When company tighten credit policy, company sales will drop, and some customer will be left.
5) When company sales drop and profit drop, company sales person commission also drop, so they will jump to competitor company.

High cash company :-
1) When interest hike, FD interest also hike, so company can earn higher Interest Income as they have huge cash pile in bank.
2) With the huge cash pile, they can offer credit term to customer that facing credit problem, so more customer will come to them.
3) While other competitor are tightening their credit, and you remain the same credit, you will become more attractive than other.
4) With huge cash, you can negotiate for lower price for your raw material, you can also increase product price by giving customer credit term.
5) All your competitor salesman will jump to your company as your company didn't tighten the credit, they can achieve higher sales if they work in your company.

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