SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.825

Today's Change

+0.025 (3.12%)

Day's Change

0.79 - 0.83

Trading Volume

5,924,600


99 people like this.

222,412 comment(s). Last comment by Albukhary 16 hours ago

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

27,851 posts

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

collect

mf

27,851 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

27,851 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

456 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

456 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

195 posts

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

winter already here since august wkwkwkwk

calvintaneng

53,189 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

4,343 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

772 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

Posted by success2628 > 2022-12-20 09:30 |

Post removed.Why?

younglean

195 posts

Posted by younglean > 2022-12-20 12:06 | Report Abuse

It's gonna be a long long winter for gloves...better invest but not trade

Posted by Investor126 > 2022-12-21 09:46 | Report Abuse

Reserved cash flowing steadily into boss' pocket. You buy the bill.

Havefun

361 posts

Posted by Havefun > 2022-12-21 12:33 | Report Abuse

Cash alone, how much interest income?

Havefun

361 posts

Posted by Havefun > 2022-12-21 12:34 | Report Abuse

If take private .90 above, buy now untung besar lah?

myinvestor

1,211 posts

Posted by myinvestor > 2022-12-21 14:53 | Report Abuse

China covid19 surging cases trigger widespread of medicine shortage . China had banned export of medical supplies in 2020. I wont suprise it will ban it again in 2023 when cases surges to the new high.

https://www.scmp.com/economy/china-economy/article/3203426/chinas-coronavirus-infections-spike-beijing-sees-food-medicine-shortages

newbie9893

1,881 posts

Posted by newbie9893 > 2022-12-22 11:10 | Report Abuse

Glove counters will shoot up anytime from now....believe me

newbie9893

1,881 posts

Posted by newbie9893 > 2022-12-22 14:20 | Report Abuse

Breaking news: China need more glove, local supply not enough required worldwide import!

newbie9893

1,881 posts

Posted by newbie9893 > 2022-12-22 14:40 | Report Abuse

As expected, all glove counters lai liao

nuilam hali

1,376 posts

Posted by nuilam hali > 2022-12-22 18:01 | Report Abuse

China is likely experiencing 1 million Covid infections and 5,000 virus deaths every day as it grapples with what is expected to be the biggest outbreak the world has ever seen, according to a new analysis.

curiousq

772 posts

Posted by curiousq > 2022-12-22 21:37 | Report Abuse

Both Japanese whore and Singapore pastor are very upset today, hide in cave already

Anaconder

1,031 posts

Posted by Anaconder > 2022-12-23 09:20 | Report Abuse

Lai liow, hoot lah !

Timercheng

733 posts

Posted by Timercheng > 2022-12-23 09:24 | Report Abuse

Buy now n put in the fridge , next yr I think can 100% profit

Noni

667 posts

Posted by Noni > 2022-12-23 09:31 | Report Abuse

Glut glut glut and more glut

younglean

195 posts

Posted by younglean > 2022-12-23 10:20 | Report Abuse

Wow. Suddenly back to the game

5231428

521 posts

Posted by 5231428 > 2022-12-23 12:47 | Report Abuse

Supermax will be the counter to watch.

newbie9893

1,881 posts

Posted by newbie9893 > 2022-12-23 14:13 | Report Abuse

Breaking news: China want the glove manufacturer supplier to ramp up the production to support the potential high demand and build up inventory from the rising China Covid19 cases.

myinvestor

1,211 posts

Posted by myinvestor > 2022-12-23 15:34 | Report Abuse

Asp of 15-17 is not possible now in the markets, expecting shortage of medical gloves in the coming weeks.

Beijing: China has requisitioned medical supplies production across the country as millions struggle to obtain basic drugs and testing kits in the face of a surge in Covid-19 cases.

https://www.ndtv.com/world-news/china-takes-over-medical-supplies-across-country-amid-covid-surge-3631322

rr1688

3,170 posts

Posted by rr1688 > 2022-12-26 23:30 | Report Abuse

Noni jus..
I am jumping in all in sai lang...

5231428

521 posts

Posted by 5231428 > 2022-12-27 00:25 | Report Abuse

China becoming like India all creamateries running 24/7. Let's pray for China.

wkkht

952 posts

Posted by wkkht > 2022-12-27 11:17 | Report Abuse

Hot Stocks https://www.theedgemarkets.com/node/649612
Glove makers up in early trade following rise in Covid-19 cases in China
Isabelle Francis
/
theedgemarkets.com

December 27, 2022 10:50 am +08

Glove makers up in early trade following rise in Covid-19 cases in China
-A+A
KUALA LUMPUR (Dec 27): Glove makers' shares were up in early trade on Tuesday (Dec 27) following a rise in Covid-19 cases in China.

At 10.15am, Top Glove Corp Bhd was the second most actively traded counter, up 7.93% at 88.5 sen apiece, with 35.9 million shares done.

Other glove makers were also among the top 20 active counters, including Careplus Group Bhd, up 7.61% at 49.5 sen, with 14.9 million shares traded, Hartalega Holdings Bhd, up 5.92% at RM1.79, with 8.6 million shares done, and Supermax Corp Bhd, up 7.7% at 90 sen, with 6.3 million shares exchanging hands.

China is beginning to lift its more stringent Covid-19 restrictions, after nearly three years in isolation. But what could mark the end of its zero-Covid policy may be just the beginning of the country's pandemic problems.

According to Reuters, China's National Health Commission had confirmed 393,067 cases with symptoms as of Dec 22.

The commission reportedly said that it would no longer publish daily Covid-19 data from Sunday, amid doubts about its reliability.

China reported no Covid-19 deaths in the mainland for the six days through Sunday, the Chinese Center for Disease Control and Prevention said on Sunday.

However, at the same time, funeral homes and crematoriums in the country were reportedly struggling to meet demand.

Reuters cited one Shanghai hospital as telling its staff last week to prepare for a "tragic battle" with Covid-19, as it expects half the city's 25 million people to get infected by the end of the week after Christmas.

British-based health data firm Airfinity last week estimated that China is experiencing more than a million infections and 5,000 deaths a day.

Sharewire

240 posts

Posted by Sharewire > 2022-12-27 15:03 | Report Abuse

China will export new variant when they
fight at himalaya.

5231428

China becoming like India all creamateries running 24/7. Let's pray for China.

14 hours ago

Sharewire

240 posts

Posted by Sharewire > 2022-12-27 15:06 | Report Abuse

New variant may pop up at china.
This is ultimate threat for world porpulation.

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