SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.86

Today's Change

+0.015 (1.78%)

Day's Change

0.85 - 0.875

Trading Volume

2,451,600


99 people like this.

222,538 comment(s). Last comment by wbwanabe 8 hours ago

klee

3,174 posts

Posted by klee > 2023-11-18 12:58 | Report Abuse

A bonus,usa sales resumed in early nov.Next Qr will factor in another 20% of sales.So if current Qr is good,next Qr will be better...if current qr is not too good,next qr will still be better.

Felix888999

1,642 posts

Posted by Felix888999 > 2023-11-18 13:21 |

Post removed.Why?

klee

3,174 posts

Posted by klee > 2023-11-18 13:39 | Report Abuse

whatever impairment,it is the past n one off...but the resumption of usa sales is the future n here to stay

klee

3,174 posts

Posted by klee > 2023-11-18 13:43 | Report Abuse

Supermx has the highest reserves of Rm 2 bil plus of the big 4,meaning stanley is smart n did not go into unnecessary n marginal expansion,thus the probability of impairment is very small.Now this huge pile of cash will come in very handily.

klee

3,174 posts

Posted by klee > 2023-11-18 13:50 | Report Abuse

Supermx had the lowest production capacity of the big 4.Any impairment if at all,will also be minimal.

Felix888999

1,642 posts

Posted by Felix888999 > 2023-11-18 13:50 |

Post removed.Why?

Posted by cooledhawk123654 > 2023-11-20 08:52 | Report Abuse

when QR out??

klee

3,174 posts

Posted by klee > 2023-11-20 09:59 | Report Abuse

Huat ahhhhhhh

klee

3,174 posts

Posted by klee > 2023-11-20 10:00 | Report Abuse

gonna test year high

dompeilee

11,888 posts

Posted by dompeilee > 2023-11-20 10:04 | Report Abuse

Now the price is higher than 54% of the cost of my total stake bought from '21-'23, after $2,602 in dividends. Neat!

klee

3,174 posts

Posted by klee > 2023-11-20 10:12 | Report Abuse

Winds of change blowing towards glove sector.From now till end 2024.Be smart.be early.

Felice888

208 posts

Posted by Felice888 > 2023-11-20 10:14 | Report Abuse

Supermax 加油⛽ please post a green profit in coming quarter. A small profit is good enough!

mansaham1972

1,197 posts

Posted by mansaham1972 > 2023-11-20 10:27 | Report Abuse

Tq Supermx c3 yahooo

klee

3,174 posts

Posted by klee > 2023-11-20 10:27 | Report Abuse

c3t best lah hahaha

klee

3,174 posts

Posted by klee > 2023-11-20 10:28 | Report Abuse

Early Xmas woohooooo

tradek

68 posts

Posted by tradek > 2023-11-20 10:29 | Report Abuse

true

klee

Supermx has the highest reserves of Rm 2 bil plus of the big 4,meaning stanley is smart n did not go into unnecessary n marginal expansion,thus the probability of impairment is very small.Now this huge pile of cash will come in very handily.

tradek

68 posts

Posted by tradek > 2023-11-20 10:33 | Report Abuse

true...

dompeilee
Quarterly loss is also good to allow those of us who have less than 30,000 shrs to average down further in preparation for the next big upswing, when the covid market distortions are ironed out & the 2010-2019 pattern resumes.

newbie9893

2,166 posts

Posted by newbie9893 > 2023-11-20 10:36 | Report Abuse

i am seeing that the buying momentum is pretty strong now, might limit up today

5231428

587 posts

Posted by 5231428 > 2023-11-20 10:55 | Report Abuse

Looks like QR will be better than Kossan for sure.

Posted by cooledhawk123654 > 2023-11-20 11:21 | Report Abuse

built first phase of the plant is usd 350m , need phase 4 to completely buit the plant. Thus roughly estimate 4 x usd 350= usd 1400m. If this amt is correct, then it need to allocate a alot of capex for next few years...

Posted by cooledhawk123654 > 2023-11-20 11:28 | Report Abuse

due to running the bis in US involve high cost, will they any hidden risk like cost overrun for building the plant? High labour cost and high tax...etc...Margin will be low...Just wonder why they built the plant in US instead of built it in less develop nation

5231428

587 posts

Posted by 5231428 > 2023-11-20 11:32 | Report Abuse

US will buy made in USA even though at higher price.

myinvestor

1,216 posts

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

1st phase around 90m. Production starts after 1st phase.

tradek

68 posts

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

Total for this venture is USD500million for all 8 buildings...
Phase 1 USD350million consist of probably 4 buildings - 1 X factory, 1 X office, 1 X distribution centre and 1 X maintenance workshop building. Phase 1 factory is only USD90million. subsequent factories could be less...

cooledhawk123654
built first phase of the plant is usd 350m , need phase 4 to completely buit the plant. Thus roughly estimate 4 x usd 350= usd 1400m. If this amt is correct, then it need to allocate a alot of capex for next few years...

tradek

68 posts

Posted by tradek > 2023-11-20 13:16 | Report Abuse

maybe you should read the latest:-
https://comptroller.texas.gov/economy/local/ch313/agreement-docs-details.php?id=1619

all the agreement on tax abatement for the next 10 years of manufacturing in this FTA region...

Posted by cooledhawk123654 > 2023-11-20 14:52 | Report Abuse

ok thanks Pang 72 and tradek

Apastock

144 posts

Posted by Apastock > 2023-11-20 14:53 | Report Abuse

got see superman ka?

huatkia

112 posts

Posted by huatkia > 2023-11-20 16:54 | Report Abuse

Hmmm
________________
Posted by huatkia > 2 months ago | Report Abuse

am I billis or brilliant? time will tell
Entry 0.860
TP 1.03-1.13

messi88

522 posts

Posted by messi88 > 2023-11-20 18:00 | Report Abuse

Keep until QR

newbie9893

2,166 posts

Posted by newbie9893 > 2023-11-21 11:51 | Report Abuse

when will be the next QR release?

klee

3,174 posts

Posted by klee > 2023-11-21 12:17 | Report Abuse

Tq.Will be back after Qr.

5231428

587 posts

Posted by 5231428 > 2023-11-21 12:19 | Report Abuse

QR tomorrow.

Posted by ChloeCheong > 2023-11-21 14:07 | Report Abuse

break RM1 when QR out

tradek

68 posts

Posted by tradek > 2023-11-21 17:29 | Report Abuse

wow, today also another 1.5% up...

5231428

587 posts

Posted by 5231428 > 2023-11-21 18:36 | Report Abuse

Below RM 1 good buy.

Posted by mike767879 > 2023-11-22 08:36 | Report Abuse

Take profits after QR out.

tradek

68 posts

Posted by tradek > 2023-11-22 10:00 | Report Abuse

now that kossan is 52 week high, one by one the next big 3 will also 52 week high soon...

tradek

68 posts

Posted by tradek > 2023-11-22 10:01 | Report Abuse

Super 52 week high - 1.07
Harta 52 week high - 2.71
TG 52 week high - 1.25 (this one will take some time)

tradek

68 posts

Posted by tradek > 2023-11-22 10:32 | Report Abuse

Felice, i think tg will come but it needs the other two to 52 weeks first, then pple will fomo and generate the volume to cover the shorts...? my 2 3 cents

newbie9893

2,166 posts

Posted by newbie9893 > 2023-11-22 10:32 | Report Abuse

slowly up but surely

newbie9893

2,166 posts

Posted by newbie9893 > 2023-11-22 10:33 | Report Abuse

TP 1.07 after QR out

tradek

68 posts

Posted by tradek > 2023-11-22 11:26 | Report Abuse

walau, until now also still so strong, really aiming for 1.07... QR will be out afternoon? price action is like rushing for something, like some kind of announcement etc...

messi88

522 posts

Posted by messi88 > 2023-11-22 11:44 | Report Abuse

Fasten your seatbelt

newbie9893

2,166 posts

Posted by newbie9893 > 2023-11-22 11:56 | Report Abuse

i am seeing that the buying momentum is pretty strong this week, might limit up if this QR good.

messi88

522 posts

Posted by messi88 > 2023-11-22 11:58 | Report Abuse

I can see no more shorties spamming here

Siow Looi

421 posts

Posted by Siow Looi > 2023-11-22 12:14 | Report Abuse

Puik caou nuan lah

5231428

587 posts

Posted by 5231428 > 2023-11-22 12:41 | Report Abuse

Awaiting for QR.

tradek

68 posts

Posted by tradek > 2023-11-22 13:03 | Report Abuse

lol, hopefully abalon... :)

Felice888
Yalah now makan nasi or makan bubur got to see Supermax performance. If this QR good, hoseh hoseh Liao!

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