SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.89

Today's Change

+0.02 (2.30%)

Day's Change

0.87 - 0.90

Trading Volume

16,089,500


99 people like this.

222,402 comment(s). Last comment by EngineeringProfit 17 hours ago

rr1688

3,170 posts

Posted by rr1688 > 2022-11-22 12:41 | Report Abuse

As in 1988,2000,2008 Rubber gloves counters triple... now 2022 the 4th divergence wave is coming...

Posted by Investor126 > 2022-11-22 15:43 | Report Abuse

Buy more to cry more. Up, it will not. But down it will.
If want to know why, ask Stanley.

Posted by Oldbird900 > 2022-11-22 16:04 | Report Abuse

BEIJING: China's capital Beijing posted a record number of new COVID-19 cases on Tuesday (Nov 22), with the city hunkering down under a tightening choke hold of restrictions that have sent schools online, closed many restaurants and forced employees to work from home.

More than 28,000 new infections were reported nationwide - nearing the record high since the pandemic began - with Guangdong province and the city of Chongqing logging more than 16,000 and 6,300 cases respectively, health authorities said.
Advertisement

New cases in Beijing have also jumped in recent days, more than doubling from 621 last Sunday to Tuesday's 1,438 - a pandemic record for the city.
(Graphic: AFP/John Saeki)

The last major economy still welded to a zero-tolerance COVID-19 policy, China enforced snap lockdowns, mass testing and quarantines to control outbreaks to great success in the earlier stages of the pandemic.

But the latest spiralling outbreak is testing the limits of that playbook, with officials keen to avoid citywide lockdowns like Shanghai's two-month ordeal in April, which marred the finance hub's economy and international image.

Nomura analysts said on Tuesday their in-house index estimated that localities accounting for about 19.9 per cent of China's total gross domestic product were under some form of lockdown or curbs, up from 15.6 per cent last Monday.

Investors had hoped that China's more targeted enforcement of zero-COVID curbs could herald more significant easing, but many analysts are cautioning against being too bullish.

Three elderly Beijing residents with underlying diseases died from COVID-19 over the weekend, authorities said, marking China's first deaths from the disease since May.

newbie8080

2,731 posts

Posted by newbie8080 > 2022-11-22 19:54 | Report Abuse

As expected, the Q1 revenue of RM247mil is even lower than 2019 pre pandemic RM367mil.

rr1688

3,170 posts

Posted by rr1688 > 2022-11-22 21:17 | Report Abuse

Buy Supermx... uptrend mari...

troy88

2,603 posts

Posted by troy88 > 2022-11-23 09:12 | Report Abuse

Good luck to holders. Will take some time before gloves show real recovery. Lately rebound is technical rebound and goreng so unlikely to be sustainable

Posted by Investor126 > 2022-11-23 09:25 | Report Abuse

Wait for IB to revise their TP around 30 to 40 cents.
Those who stuck here, you should be grateful to your instinct and those called buy.

Posted by NatsukoMishima > 2022-11-23 09:39 | Report Abuse

The harta , smx boss already direct tell u all that glove business will be very worst ahead but u all still very naive to believe rebound , smx worth only 5x sens next year 1H !

tahong

536 posts

Posted by tahong > 2022-11-23 10:59 | Report Abuse

Don't like just sell lah!

tahong

536 posts

Posted by tahong > 2022-11-23 11:03 | Report Abuse

Dato Seri Thai slowly n happily accumulating lol!

rr1688

3,170 posts

Posted by rr1688 > 2022-11-23 11:35 | Report Abuse

Nut suka missing ma I am jumping in all in sai lang...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-23 11:37 | Report Abuse

Nothing can stop the virus...not even the best warrior in history...not even the biggest n strongest creature on earth...Only Malaysia best quality...will not leak under pressure Rubber gloves can Block the virus...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-23 11:38 | Report Abuse

Low quality rubber gloves competitors stop production due to zero covid instruction


rr1688

3,170 posts

Posted by rr1688 > 2022-11-23 11:38 | Report Abuse

Tripledemic n deltacrondemic is coming... demand increase...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-23 11:41 | Report Abuse

As in 1988,2000, 2008 Rubber gloves counters triple...now 2022 the 4th divergence wave is coming...

SinGor

4,658 posts

Posted by SinGor > 2022-11-23 15:30 | Report Abuse

You must be kidding Super can command 0.88 sen when there is 2.721Billion shares And makes only 4.5mil profit.
In the EU & USA, Market never talk about Covid so there is no urgency to stock up supplies. As a matter fact
USA has downgraded Covid as a Winter Flu. I think Super will hardly makes it above 0.40sen if Net profit
continue to wave around 4--5mil profit next year 2023

rr1688

3,170 posts

Posted by rr1688 > 2022-11-24 01:18 | Report Abuse

BUY SUPERMX...UPTREND MARI...

rr1688

3,170 posts

Posted by rr1688 > 2022-11-24 03:32 | Report Abuse

BCAREFULL...THE NEW PM IS COMING...HE MIGHT BRING IN A FULL YEAR UPTREND RALLY...THE LAST FULL YEAR UPTREND RALLY HE BROUGHT IN...HOUSEWIVES NOT GOING TO VEGETABLES MARKET...INSTEAD WENT TO SHARE MARKET...BUY ANY COUNTERS OSO UPTREND...MAKING MONEY N PROFIT...MALAYSIA BOLEH...NEW PM BOLEH...

cwc1981

985 posts

Posted by cwc1981 > 2022-11-24 17:49 | Report Abuse

Stanley a supporter of new PM

cwc1981

985 posts

Posted by cwc1981 > 2022-11-24 17:50 | Report Abuse

Almost went to jail for supporting our new PM

James Ng

2,680 posts

Posted by James Ng > 2022-11-24 21:03 | Report Abuse

[转贴] [Video:浅谈SUPERMAX CORPORATION BERHAD, SUPERMX, 7106] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-11-24-story-h-304782538

Posted by NatsukoMishima > 2022-11-24 23:51 | Report Abuse

Tp 31 sens only by some IB ! USA factory will drag down n burn all net cash !

Posted by NatsukoMishima > 2022-11-25 09:17 | Report Abuse

November 24, 20224:57 AM GMT+8Last Updated a day ago
U.S. extends tariff exclusions on Chinese COVID-related medical products including gloves !


NatsukoMishima

4,749 posts

Posted by NatsukoMishima > 1 second ago | Report Abuse

Habis malaysia glove , ASP drop to 10 - 12 , cost higher than ASP , continue net loss burn cash flow until winding down ! More worst scenerio for malaysia glove to come soon !

Posted by Investor126 > 2022-11-25 16:12 | Report Abuse

Expansion is just a smokescreen.
There are ways to shift the reserved cash away.

mf

27,865 posts

Posted by mf > 2022-11-30 10:28 | Report Abuse

collect

mf

27,865 posts

Posted by mf > 2022-11-30 10:42 | Report Abuse

add

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-11-30 10:55 | Report Abuse

see TP report today will break or make it for all gloves counter !!!! HUAT AHHHHHHHHH

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-11-30 10:56 | Report Abuse

TOPGLOVE*

Posted by NatsukoMishima > 2022-12-01 13:30 | Report Abuse

Banker good heart pump to rm 1.xx within 2 months for u save capital but all the greedy still want higher n higher now deflate to 3x sens for u all to cry tearless !

Posted by Investor126 > 2022-12-02 15:36 | Report Abuse

It is another timer bomb awaiting to explode. Too many uncertainties and unrevealed stories.

mf

27,865 posts

Posted by mf > 2022-12-05 16:15 | Report Abuse

US 30

34,312.00 34,424.80 34,290.00 -117.9 -0.34% 03:14:54
US 500

4,056.60 4,070.90 4,052.60 -15.1 -0.37% 03:14:54
US Tech 100

11,948.50 11,996.40 11,928.80 -45.8 -0.38%

Posted by NatsukoMishima > 2022-12-08 10:33 | Report Abuse

Supermx biggest mistake is overestimated their investment in US factory before surging costs , now the USA site sure will burn their cash flow kaw kaw until 0 !

Posted by NatsukoMishima > 2022-12-08 10:33 | Report Abuse

3x sens is not a joke !

Posted by Jonathan Keung > 2022-12-09 09:50 | Report Abuse

AGM nothing extraordinary. A lot of unhappiness over granting or issue of { share grant under LTIP } to eligible directors and staffs more share dilution. Outlook for gloves still cloudy facing more competition from China puts more uncertainty

Asia88

588 posts

Posted by Asia88 > 2022-12-09 10:27 | Report Abuse

Boss use company money to buy private jet.

merck

996 posts

Posted by merck > 2022-12-11 14:34 | Report Abuse

Private jet to carry Boss around the world

SamanthaNg

458 posts

Posted by SamanthaNg > 2022-12-12 14:56 | Report Abuse

Private jet carries the boss to his private island

Posted by Investor126 > 2022-12-12 15:09 | Report Abuse

Buy jet to fly kite. If the boss don't withdraw the $$ out now, when?
Only die hard fans follow blindly.

SamanthaNg

458 posts

Posted by SamanthaNg > 2022-12-14 16:24 | Report Abuse

TG's latest result is quite bad. Winter has arrived in the glove industry...

younglean

207 posts

Posted by younglean > 2022-12-14 16:29 | Report Abuse

winter already here since august wkwkwkwk

calvintaneng

53,355 posts

Posted by calvintaneng > 2022-12-15 00:36 | Report Abuse

Ghina glove glut and price war will hit all gloves badly and will hit harta hardest of all

why?

Answer:

Because Harta over committed it's Huge Rm7 BILLION EXPANSION NEAR THAI BORDER

ALL THE CASH WILL BE DEPLETED AND STILL NOT ENOUGH TILL INSOLVENCY

BETTER SELL ALL GLOVES AND ESPECIALLY MUST SELL HARTA

SURE DEATH AWAITS ALL STUBBORN ONES!!!




Harta now got a RM7 BILLION TICKING TIME BOMB ON ITS NECK

https://www.thesundaily.my/business/hartalega-buys-land-for-rm7-billion-expansion-in-kedah-YB7164991

Its One billion plus cash all used up still not enough till insolvency & KABOOM!

GONE CASE! GET OUT!!!

monetary

4,361 posts

Posted by monetary > 2022-12-15 15:17 | Report Abuse

Our new PM will pass the rakyat's electricity burden to mnc & cash rich companies. OMG....

Posted by NatsukoMishima > 2022-12-15 18:19 | Report Abuse

That s mean production cost will skyrocket but ASP continue drop bottomless , walao lile that glove company all will close down !

merck

996 posts

Posted by merck > 2022-12-16 10:55 | Report Abuse

Pls close down more and more glove factory, then only big4 small4 can survive

merck

996 posts

Posted by merck > 2022-12-16 10:57 | Report Abuse

Aspen, Iconic, Mah Sing, Notion, Inix, AT Glove, please close down

Posted by NatsukoMishima > 2022-12-16 11:51 | Report Abuse

Cant wait to see how many millions losses frm smax USA factory ! Must be worst than Tg !

Posted by Investor126 > 2022-12-16 15:53 | Report Abuse

Only retailers who stuck here care about the earning or losing. Bosses were busy to s**k monies out and repackaging it to throw the timer bomb.

curiousq

797 posts

Posted by curiousq > 2022-12-18 16:15 | Report Abuse

Both Japanese whore and Singapore pastor are happy now!

Anaconder

1,031 posts

Posted by Anaconder > 2022-12-19 12:13 | Report Abuse

New PM ,I think next year bull trend is coming as foreign funds flow in Malaysia

Endgame

718 posts

Posted by Endgame > 2022-12-19 23:51 | Report Abuse

Ya better all exit, rumours boss don't want glove business and want to sell, boss will take private, then sell to china man. Price not good, only 0.90 to 1.1. Nta 1.8, minority shareholders sure cry...but u don't have choice...take it or wait for close shop like japanese guy natsu??? comment

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