SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.08

Today's Change

+0.215 (24.86%)

Day's Change

0.885 - 1.09

Trading Volume

325,313,100


99 people like this.

222,426 comment(s). Last comment by Adrian Tan 6 hours ago

klee

3,017 posts

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

c3t best lah hahaha

klee

3,017 posts

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

Early Xmas woohooooo

tradek

63 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

63 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

1,940 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

536 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

536 posts

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

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

myinvestor

1,211 posts

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

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

tradek

63 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

63 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

122 posts

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

got see superman ka?

huatkia

107 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

516 posts

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

Keep until QR

newbie9893

1,940 posts

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

when will be the next QR release?

klee

3,017 posts

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

Tq.Will be back after Qr.

5231428

536 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

63 posts

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

wow, today also another 1.5% up...

5231428

536 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

63 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

63 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

63 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

1,940 posts

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

slowly up but surely

newbie9893

1,940 posts

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

TP 1.07 after QR out

tradek

63 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

516 posts

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

Fasten your seatbelt

newbie9893

1,940 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

516 posts

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

I can see no more shorties spamming here

Siow Looi

418 posts

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

Puik caou nuan lah

5231428

536 posts

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

Awaiting for QR.

tradek

63 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!

tradek

63 posts

Posted by tradek > 2023-11-22 15:45 | Report Abuse

no holding back, rm1 lai liao...

klee

3,017 posts

Posted by klee > 2023-11-22 16:48 | Report Abuse

if good qr then confirmed glove recovery theme on,never listen to salaried analysts....believe what you see

klee

3,017 posts

Posted by klee > 2023-11-22 16:51 | Report Abuse

1.07 is nothing,we looking at 1.4 Q1 2024

klee

3,017 posts

Posted by klee > 2023-11-22 16:52 | Report Abuse

Harta has risen Rm1 frm low of 1.41,supermx is just 28 sen frm low of 72

klee

3,017 posts

Posted by klee > 2023-11-22 16:54 | Report Abuse

Even the lousy qr of comfort cant drag it into negative zone

5231428

536 posts

Posted by 5231428 > 2023-11-22 21:15 | Report Abuse

All glove stocks moving up.

kItower

5 posts

Posted by kItower > 2023-11-22 21:58 | Report Abuse

good to see 7106 forum less toxic already, people share good info here, that's great.

Michael Kwok

6,100 posts

Posted by Michael Kwok > 2023-11-23 00:19 | Report Abuse

Many doubt it will move.u see say buy after 20 sept,assume buy in early oct also early oct is 20 percents return.now 99.5 cents as of 22/11/23 price.expect up 1 more day is 23/11/23.sell on strength and see how it look like month of december onward
23/11/23 12.20pm
Price 82.5
Resistance 87 cents(Break but come down in a small range bound few days then up back is the genuine)
Support 80.5 cents
7/9/23 11.20pm

Supermax 80.5
Feng shui say must collect glove counter 20 sept onward
12/9/23 11.36pm

kItower

5 posts

Posted by kItower > 2023-11-23 08:56 | Report Abuse

I believe ah thai will bring 7106 to another level ... Big four 1 2 3 4 will reshuffle.

tradek

63 posts

Posted by tradek > 2023-11-23 09:11 | Report Abuse

need to show result first from USA plant..

kItower
I believe ah thai will bring 7106 to another level ... Big four 1 2 3 4 will reshuffle.

myinvestor

1,211 posts

Posted by myinvestor > 2023-11-23 09:49 | Report Abuse

Supermx up 56 cent bc of split into 2 shares. Harta no split.
klee
Harta has risen Rm1 frm low of 1.41,supermx is just 28 sen frm low of 72

dompeilee

11,888 posts

Posted by dompeilee > 2023-11-23 10:04 | Report Abuse

$1 broken!!!🤗 I've always maintained that Supermx was worth much more than TG per shr & though I was wrong for many weeks on that count, it's finally happened! Now, the price is higher than nearly 70% of my purchases since '21!📈 Shorties, with the last few days average shorted price being 95-97.5c, are losing pants & underwear...🤣

Posted by sharon chok > 2023-11-23 11:16 | Report Abuse

when will the qr be out?

Post a Comment