SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.785

Today's Change

-0.03 (3.68%)

Day's Change

0.78 - 0.82

Trading Volume

12,596,000


97 people like this.

221,197 comment(s). Last comment by gohkimhock 15 hours ago

RockerArm

481 posts

Posted by RockerArm > 1 month ago | Report Abuse

Thanks to operators for pressing so low for me to buy more

Posted by MaluNegaraKu > 1 month ago | Report Abuse

No worry, can buy more soon below 0.5

Posted by cbmytrading > 1 month ago | Report Abuse

going back to where it all started...now new low 81 cent and 80 cent coming soon...

Posted by HK_Wealth_Management > 1 month ago | Report Abuse

China's disposable glove one box USD13

Investoz88

487 posts

Posted by Investoz88 > 1 month ago | Report Abuse

Covid is still rampant and mutating in many countries.
Check out covid in Singapore, New Zealand, China etc etc..
Gloves usage or demand continues to be high.
The BIG 4 bosses should start control production supply, manage distribution network and not forced to sell cheap.
Gloves ASP need to go back up.
PE at new lows. USD at record high.
Coming results could reverse trend.

paktua73

15,755 posts

Posted by paktua73 > 1 month ago | Report Abuse

hope tomorrow can get rm0.80-0.78..
lama waiting hope tomorrow can fulfil..


=================
paktua73@morning..
paktua still dare to wait on own dream..
dream can buy at rm0.78-0.80..



tut tut
jika hit akan buy big..
21/06/2022 9:01 AM
====================




tut tut
will buy n hold long long time..

paktua73

15,755 posts

Posted by paktua73 > 1 month ago | Report Abuse

morning..
today paktua will monitor closely..
any amount share hit at 0.79-0.78 will swallow..



tut tut
let see today

looiting

359 posts

Posted by looiting > 1 month ago | Report Abuse

https://www.investing.com/equities/mercator-wa
Mercator jumped 20% already. Our 4 kings are still sleeping....

adikkici

418 posts

Posted by adikkici > 1 month ago | Report Abuse

Ada minum petang sedap ka ini hari?

paktua73

15,755 posts

Posted by paktua73 > 1 month ago | Report Abuse

hari ni terlepas..ada cendol durian at stall rm0.81-0.82..
tapi xsempat habis disapu..



tut tut
petang ni ada cendol pulut durian..
sapa dah ada happy

adikkici

418 posts

Posted by adikkici > 1 month ago | Report Abuse

Kasi rancak

jacklimeu2

929 posts

Posted by jacklimeu2 > 1 month ago | Report Abuse

Near pre Covid level already....was 1.30 (65sen) before taking off.

Posted by Investor126 > 1 month ago | Report Abuse

Better still do not buy yet. No one knows the bottom. Plus Supermax's founder has no credibility.

imvu

5,972 posts

Posted by imvu > 1 month ago | Report Abuse

15 minit sudah overbought , harap harap tak pullback

pang72

43,783 posts

Posted by pang72 > 1 month ago | Report Abuse

The only green!!

Posted by Investor126 > 1 month ago | Report Abuse

Prepare to see new low again. The weekly sliding is significant, same like boiling frog.
This counter has found it's way home, that is keep dropping.

WMY2188

87 posts

Posted by WMY2188 > 1 month ago | Report Abuse

Good news for Supermx

Posted by Investor126 > 1 month ago | Report Abuse

Bigger trap and bottomless pit. Think twice before buying.
Especially when everyone keeps mentioning this is a cash rich company.
Do not regret when you realised the cash is gone, share price keeps declining from your entry price, plus dividend cannot even sustain. Many more to come.

Posted by SmallCapAsia > 1 month ago | Report Abuse

While the “glove super-cycle has ended”, gloves are still part of a daily routine in many corporations – semiconductor environments, hospitals and more. This will result in a sustained growth in the glove industry in the future even with the tapering off of the COVID-19 pandemic.

With that, we decided to delve into the ‘Heavenly 4 Glove Stocks’ in this article.

https://www.smallcapasia.com/top-4-glove-stocks-being-hammered-are-the...

Jason85

647 posts

Posted by Jason85 > 1 month ago | Report Abuse

Buy

Posted by Investor126 > 4 weeks ago | Report Abuse

Buy and bye... Been straight consecutive weeks closing low each week. Investors also stay far from this counter. Would not be surprise if this continues the next and following week.

Posted by cbmytrading > 4 weeks ago | Report Abuse

@Jason85 you are very brave to buy now...i also act so brave to buy 10 lot today haha...

Posted by cbmytrading > 4 weeks ago | Report Abuse

@investor126 when do you think is the best time to buy? i already think many times before action...thanks for reminding the risk of this counter...

myinvestor

1,112 posts

Posted by myinvestor > 4 weeks ago | Report Abuse

US Cbp lifting wro maybe coming end of this month or early of next month (All ILO standard in June me). Some gloves export resume in Europe already.

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

No for long term now

Investoz88

487 posts

Posted by Investoz88 > 3 weeks ago | Report Abuse

SHANGHAI (BLOOMBERG) - New Covid-19 cases in China continued to climb as outbreaks in some regions widened, with the authorities in Shanghai saying the situation in the city remains severe.
The country reported 580 local cases on Saturday (July 16), according to the National Health Commission.
It is the highest since May 23 and a jump from 450 the day before...

When Covid will end in China if zero covid policy continues?
Covid reinfecting in US, Europe, Singapore etc etc..
All know yet ......

Investoz88

487 posts

Posted by Investoz88 > 3 weeks ago | Report Abuse

Super cheap..
Cash per share is 1.13
Trading 82c
Ppl sell, i buy.

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

Wake up please

PureBULL ...

2,178 posts

Posted by PureBULL ... > 3 weeks ago | Report Abuse

some 1 text that:

SUPERMX's mkt cap is only $2.25 billion.
It has all the factories + has $2.6 billion nett cash. is this cash true?
can FA sifu pls reply? thks

BY SIZE n BIZ

TG must be > harta in mkt cap
SPM must be > kossan in mkt cap

all this is due to inefficient mkt that grossly dumped stocks into over shoot on the downside.

Investoz88

487 posts

Posted by Investoz88 > 3 weeks ago | Report Abuse

Just read their Qtr results.. cannot be more transparent these days.
So much cash in their banks.. and running a profitable business.

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

Buy more glove stock

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

Buy Harta, it is cheap and dip now, faster dont miss up

Posted by Investor126 > 3 weeks ago | Report Abuse

The way I look at it, not a suitable time to enter yet. No strong buying signal yet.
Even at current price, you still get trapped. No one knows for how long will it be.
Everyone has their own way of playing, I set my entry price at 70cents to be safe.

Investoz88

487 posts

Posted by Investoz88 > 3 weeks ago | Report Abuse

Yum yum..

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

buy more glove stock this is gem

Investoz88

487 posts

Posted by Investoz88 > 3 weeks ago | Report Abuse

Cash is KING in high interest environment.

Posted by Investmalaysiaa > 3 weeks ago | Report Abuse

Lol, their cash got anything to do with you?

Posted by Investor126 > 3 weeks ago | Report Abuse

Keep breaking, till you get bored of the new low. Yet, you still will not see Supermax above RM1. Upcoming QR you shall witness how those cash been siphoned away. You drooling of those cash, get nothing at the end. So, do not be surprise.

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

Buy more, Glove stock is best pick for long term investment

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

Hot money fund never come

Posted by HK_Wealth_Management > 3 weeks ago | Report Abuse

I suggest all of you re-finance house loan or making margin to buy and hold at least 3-6 month from now on

Posted by Investmalaysiaa > 3 weeks ago | Report Abuse

Don’t simply teach people. Refinance house in a rising interest rate environment to buy a company which facing stiff competition and low ASP? If lose money you pay back everyone is it?

Posted by GoldenCoin23 > 3 weeks ago | Report Abuse

Not advisable to refinance house just to buy shares, use money in epf or bank ok lah...

Posted by The_JQuestion > 3 weeks ago | Report Abuse

no money dont buy anything...
wash hand and retire for good

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