Posted by Hwai Hooi > 2023-04-17 15:54 | Report Abuse

give trap who morning

Posted by NatsukoMishima > 2023-04-18 01:22 | Report Abuse

Even local US businessman run away but this ah dai jump into the sea !

Posted by velanr > 2023-04-18 23:04 | Report Abuse

Supermax chairman's daughter resigns from board

Posted by NatsukoMishima > 2023-04-19 01:12 | Report Abuse

Just because the US factory is a cash burning business

Posted by Investor126 > 2023-04-19 09:28 | Report Abuse

It's either a soap opera or those investors really hate the Thai's family, or maybe both. Whenever those Thais appeared in the news, their counter plunged. They never learn to be humble.

Posted by Wdlim123 > 2023-04-19 16:22 | Report Abuse

whatever reason, i run first.. hopeless mangement

Posted by kutipkutip > 2023-04-19 16:41 | Report Abuse

0.900 besok rebound ?

Posted by KML889 > 2023-04-19 16:45 | Report Abuse

So so cheap now. Take her private lo

Posted by newbie8080 > 2023-04-19 19:59 | Report Abuse

If what Cecile mentioned is true, then we now know the true color of Stanley and his other board of directors.
A company with lack of transparency and audit governance is bad. Their luxury lifestyles using company expenses is another RED flag.

-In her letter, Cecile detailed how these disagreements started in November 2021, a month before her father's appointment as the group's executive chairman took effect, when he stated his intention to remove her from the board following her opposition to his proposed purchase of a new aircraft for US$47.39 million (RM210.32 million). Stanley's stated intentions to remove and later re-designate me arose from the fact that I did not sign the director’s written resolution to approve the proposed acquisition of the new aircraft,” she said.

-Then in February last year, she expressed her view that the conferment of sole authority on Stanley as the single authorised person for the company's bank accounts was against the company’s financial accountability and corporate governance practices. My request that the audit committee hold a meeting and provide specific guidance was ignored.

-Cecile was then denied access to a remuneration committee meeting via a Zoom video conference in May 2022, despite being a member of the committee. Then the remuneration committee and nomination committee was suddenly merged in August 2022, while she was removed from the newly merged committee.

-She also claimed the board had tried to stop her from responding to a question posed by a shareholder during the group's annual general meeting in December last year. The shareholder had asked about the group's audited financial statements, specifically about the aircraft purchase. "The executive chairman and another member of the board initialy denied me the microphone despite my attempts to address the audience, and subsequently distracted (them) from the topic after I had transparently answered the inquiring shareholder," she said.

-

Posted by myinvestor > 2023-04-19 22:22 | Report Abuse

[SUPERMX] Share Buyback (Immediate) on 19-Apr-2023 7,336,900

Posted by stncws > 2023-04-19 22:31 | Report Abuse

Stanley once lock up in jail

Posted by NatsukoMishima > 2023-04-19 23:07 | Report Abuse

Daughter can face off with father sure got big secret story come to leak soon !!

Posted by NatsukoMishima > 2023-04-19 23:08 | Report Abuse

Glove stocks 1 way to death , cut loss better!

Posted by NatsukoMishima > 2023-04-19 23:14 | Report Abuse

Dont wait until limit down ,it s too late already

Posted by pang72 > 2023-04-19 23:22 | Report Abuse

REVENUE crashing because of vfire mpv car.
Superman crashing because of private jet.

Posted by Bullkobear > 2023-04-19 23:24 | Report Abuse

windfall OTW if you dare to catch the falling knife

Posted by NatsukoMishima > 2023-04-20 01:38 | Report Abuse

Sure there will be more explosive news leak soon ,the management already failed , who buy who die !

Posted by telusdansuci > 2023-04-20 08:05 | Report Abuse

Buy as much as you can if got spare money . Don't try to time the market and stocks price .Talk more expected to lose more !!! Boleh tetap boleh .

Posted by myinvestor > 2023-04-20 08:16 | Report Abuse

Cecile is a impatient lady. Sooner or later Stanley empire will pass to her since she is eldest. By speaking bad about the company and his dad, her days in supermax are number.

Posted by Investor126 > 2023-04-20 08:38 | Report Abuse

If one refers back to what I said earlier, you will not be surprised anymore.
Buy more just to cry more. Better stay far from this silly counter.

Posted by KML889 > 2023-04-20 09:25 | Report Abuse

This Saga this time will strengthen his will to take her Private. Super cheap not to take Private.

Posted by KML889 > 2023-04-20 09:27 | Report Abuse

Less their 39% ownership, what they need to folk out is far less than what Supermax cash in hand.

Posted by kutipkutip > 2023-04-20 09:35 | Report Abuse

hari ni hijau !

Posted by Kyson Lee > 2023-04-20 10:14 | Report Abuse

She so petty.
Magnifying minor issues into so big to seek cheap publicity.
Self-centred to think all Directors were wrong only she is right.
Her immaturity making her failed to look at bigger picture.
Problem of putting unqualified and unprofessional person based on relationships into the Board especially petty women.

Posted by Kyson Lee > 2023-04-20 10:20 | Report Abuse

She is definitely been mislead, misguided or brainwashed by devil friends due to her foolishness and immaturity.
Narrow minded and petty person will harp on such minor issues and failed to think rationally.

Posted by kutipkutip > 2023-04-20 10:37 | Report Abuse

tak naik terjun

Posted by kutipkutip > 2023-04-20 10:37 | Report Abuse

oversold pun boleh terjun lagi double , triple oversold

Posted by kutipkutip > 2023-04-20 10:38 | Report Abuse

0.880 area bottom , double oversold

Posted by 1invest1 > 2023-04-20 11:05 | Report Abuse

No disrespect to anyone in this forum.
But to buy another jet after buying one earlier
is definitely EXCESSIVE SPENDING.
How would having 2 jets benefit the co.
Why do they need 2 jets.
What is the ROI in buying 2 jets.

How can 1 have full authority over fin.
Having only 1 signatory is having full power.

This is like a private co not public listed co

Where is the corporate governance ?
Only Yes men & women on board to boss.

Keep spending less profit.
Stk price can't go up.
Shareholders lose out.

Posted by nicholas99 > 2023-04-20 11:07 | Report Abuse

only rich ppl can sit jet.

Posted by Bon888 > 2023-04-20 11:11 | Report Abuse

Buy Harta or Topglov. This two company management have better governance and integrity.

Posted by KML889 > 2023-04-20 11:14 | Report Abuse

Looks like the only way out of this saga is to take her private at reasonable price. Only then, Stanley can do whatever he likes and wants without the public eyes scrutinies

Posted by KML889 > 2023-04-20 11:15 | Report Abuse

Kind of hard to unwind the loss of public trust

Posted by pang72 > 2023-04-20 11:15 | Report Abuse

Board hassle because of private jet.
Lucky the daughter didn't report to police like Revxxnue did

Posted by KML889 > 2023-04-20 11:17 | Report Abuse

Bon888, Harta yes but TG m not too sure about that. Typical hard core obstinate china man like Stanley

Posted by KML889 > 2023-04-20 11:18 | Report Abuse

Basically one man show. I say you listen kind of people

Posted by stockraider > 2023-04-20 11:19 | Report Abuse

Sell lah!
Switch to Harta or Kossan mah!
What the heck of Supermax buying another airplane after 1 yr leh ?

Posted by Kyson Lee > 2023-04-20 11:24 | Report Abuse

Top Glove lost millions in Credit Suisse Bond did not report

Posted by KML889 > 2023-04-20 11:34 | Report Abuse

Tunggu Privatization at 120 cents ma. Y sell now.

Posted by Bon888 > 2023-04-20 11:38 | Report Abuse

Topglov biggest mistake was bought own share at high price. This is not because of integrity problem but the big boss too ego on own company's achievement. He still a human being.

Posted by nicholas99 > 2023-04-20 11:45 | Report Abuse

rich people must buy plane to show off ma. last time just buy Supermax founder Stanley Thai buys luxury US Condominium

Posted by stockraider > 2023-04-20 11:48 | Report Abuse

Better show off by making good profit agst its peers.....more appreciated & proud off by people mah!

Posted by KML889 > 2023-04-20 11:49 | Report Abuse

The Rich and Famous people punya Thinking logics and Mentality are not you and me can comprehend. That is y, they are R&F ma

Posted by KML889 > 2023-04-20 11:51 | Report Abuse

Ironically, he is the only in Red and the only penny stocks now.

Posted by KML889 > 2023-04-20 11:52 | Report Abuse

The market just doesn't like like or concur with Stanley lo. Ayuh Stanley, go ahead and Privatized her

Posted by KML889 > 2023-04-20 11:54 | Report Abuse

Chinese saying. Tak mati pun tak guna lo now

Posted by stockraider > 2023-04-20 11:55 | Report Abuse

Thats why raider says Harta & Kossan are the best pick in gloves as the owner acted prudently & rationally mah!

Posted by Bon888 > 14 minutes ago | Report Abuse

Topglov biggest mistake was bought own share at high price. This is not because of integrity problem but the big boss too ego on own company's achievement. He still a human being.

Posted by stockraider > 33 minutes ago | Report Abuse

Sell lah!
Switch to Harta or Kossan mah!
What the heck of Supermax buying another airplane after 1 yr leh ?

Posted by 1invest1 > 2023-04-20 11:55 | Report Abuse

If you own share, he is doing disservice.
By spending like there is no tmr,
he is wasting co funds.
You invest, stk price stuck, can't make $$$ !

If there's no good corporate governance,
then you CAN'T make money here.

His daughter is right to question this
EXTRAVAGENT,
EXCESSIVE &
EXTEMPORANEOUS SPENDING SPREE.

He must be frugal, thrifty & wise in spending

Just imagine, even own daughter disagree
with father !
Something is cooking,
something is not right.

Better choose fr over 1,000 stks elsewhere

Posted by kmohan62 > 2023-04-20 12:30 | Report Abuse

Something gravely rotten...won't be surprised if institutional buyers especially the foreign funds start dumpng the stock...slowly but surely...for most if not all foreign fund managers are sensitive to lack of good governance and transparency... BODs especially of public listed companies have fiduciary duty towards their shareholders.

Posted by Bon888 > 2023-04-20 12:35 | Report Abuse

This BOD won't share the cash pile earned during Covid. They will spent it for own pleasures. Slowly but surely all cash gone and continue stay as penny stock.