SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.86

Today's Change

+0.035 (4.24%)

Day's Change

0.825 - 0.86

Trading Volume

7,867,800


99 people like this.

222,421 comment(s). Last comment by younglean 6 hours ago

cwc1981

977 posts

Posted by cwc1981 > 2023-11-24 12:52 | Report Abuse

Should be. Is OK for US. Made in America tag should be expensive

Jnlee

292 posts

Posted by Jnlee > 2023-11-24 13:59 | Report Abuse

when is their QR?

Posted by ChloeCheong > 2023-11-24 14:09 | Report Abuse

29th result out?

wantocin

175 posts

Posted by wantocin > 2023-11-24 23:16 | Report Abuse

Target 145

huatkia

107 posts

Posted by huatkia > 2023-11-25 00:11 | Report Abuse

Next TP RM1.10 then 1.30?? IF conditions are met.

Posted by huatkia > 2 months ago | Report Abuse

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

Siow Looi

415 posts

Posted by Siow Looi > 2023-11-27 10:04 | Report Abuse

QR lau sai

newbie9893

1,881 posts

Posted by newbie9893 > 2023-11-27 11:27 | Report Abuse

when will the QR be out?

tradek

63 posts

Posted by tradek > 2023-11-27 11:50 | Report Abuse

anytime this week lol... after thanksgiving celebration in US of course...

younglean

201 posts

Posted by younglean > 2023-11-28 09:59 | Report Abuse

patient, supermax's qr sure good one

dompeilee

11,888 posts

Posted by dompeilee > 2023-11-28 14:51 | Report Abuse

Shorties SQUASHed again...715,000 shrs short-ed @ $1.0315 avg📉

tradek

63 posts

Posted by tradek > 2023-11-28 15:04 | Report Abuse

🤗
dompeilee
Shorties SQUASHed again...715,000 shrs short-ed @ $1.0315 avg📉

Jassie26

13 posts

Posted by Jassie26 > 2023-11-28 17:42 | Report Abuse

QR today gogogo

Lai Yu

57 posts

Posted by Lai Yu > 2023-11-28 20:49 | Report Abuse

澳洲疫情升温,
西澳重推口罩令

Chipee

245 posts

Posted by Chipee > 2023-11-29 10:18 | Report Abuse

Supermax sleeping ka ? ZZZZZ
Where is QR?

5231428

521 posts

Posted by 5231428 > 2023-11-29 10:42 | Report Abuse

QR if not today then tomorrow.

zzzzz

1,801 posts

Posted by zzzzz > 2023-11-29 10:53 | Report Abuse

All down today... Harta below RM2.50, TopGlove Below RM0.90.... sighs

Posted by PryorBuyer > 2023-11-29 16:10 | Report Abuse

laosaiiii!

trader101

415 posts

Posted by trader101 > 2023-11-29 18:07 | Report Abuse

1.4m quarterly loss

Realrich

1,310 posts

Posted by Realrich > 2023-11-29 18:42 | Report Abuse

Omg supermax losses again? I buy so many die

Zrenxy

576 posts

Posted by Zrenxy > 2023-11-29 18:53 | Report Abuse

Tomorrow fly up until 1.11

Zrenxy

576 posts

Posted by Zrenxy > 2023-11-29 18:53 | Report Abuse

Profit before tax!

younglean

201 posts

Posted by younglean > 2023-11-29 19:00 | Report Abuse

Next loss starts reducing. Next Q will turn green then

iPlay

1,812 posts

Posted by iPlay > 2023-11-29 19:04 | Report Abuse

Revenue dropped.....Profit before tax is GOOD,. Loss after tax narrowed significantly.... trend is next Q should be positive !

Mr Market is normally 6 months ahead...

Tomorrow UP !!!..... and whole gloves theme will be UP too !!!💪💪💪

ket4212

589 posts

Posted by ket4212 > 2023-11-29 19:21 | Report Abuse

good

tradek

63 posts

Posted by tradek > 2023-11-29 20:24 | Report Abuse

Dont really like the significant revenue drop, however looking at the bright side, even with 177m revenue, the cost of producing gloves and operation is so low... With higher revenue, profit margin will be good..

messi88

513 posts

Posted by messi88 > 2023-11-29 20:30 | Report Abuse

Never expect revenue drop actually

Lai Yu

57 posts

Posted by Lai Yu > 2023-11-29 20:36 | Report Abuse

Only loss 8 cents per share

Realrich

1,310 posts

Posted by Realrich > 2023-11-29 21:24 | Report Abuse

I run first the share price too high already I wait until quarter result come out but is a losses result not my expectations. Hope I can run without losing too much money

yfchong

5,743 posts

Posted by yfchong > 2023-11-29 21:25 | Report Abuse

let's review gross profit

Posted by Shortsqueeze > 2023-11-29 23:19 | Report Abuse

Revenue affected by when cannot sell in USA. Next quarter onwards we are all over USA!

Albukhary

2,719 posts

Posted by Albukhary > 2023-11-29 23:58 | Report Abuse

Insider news.. Since Supermax WRO being uplifted CBP, Supermax global sales team has started to travel to US & Europe actively. How I know? Because so happen that one of my facebook friend is from Supermax sales team, and recently this two month I saw that fren is always on business trip (i.e. Netherland, Germany, Canada, US....etc)

So, expected that Supermax revenue will be increase on Q4'23 and Q1'24

Mak_kiah

626 posts

Posted by Mak_kiah > 2023-11-30 08:17 | Report Abuse

sell over to usa?I heard this since supermax price in the peak.

zzzzz

1,801 posts

Posted by zzzzz > 2023-11-30 08:57 | Report Abuse

Pre open 0.98.0.......gg

Posted by Cookieyirl > 2023-11-30 09:05 | Report Abuse

Your first purchase after the epidemic
97 check in

Posted by EatCoconutCanWin > 2023-11-30 09:05 | Report Abuse

Run... GG lol

yilonma

12 posts

Posted by yilonma > 2023-11-30 10:08 | Report Abuse

everybody ignoring the red flags with share price. malaysia market of course similar to gambling, but if you always prioritize speculation over fundamentals of course die 😂😂

Posted by ChloeCheong > 2023-11-30 10:21 | Report Abuse

That's from speculative/ day trader/ contra player 's perspective

zzzzz

1,801 posts

Posted by zzzzz > 2023-11-30 10:52 | Report Abuse

US only lifted the ban on September 23 ? so the effect only reflects coming quarter ??

tradek

63 posts

Posted by tradek > 2023-11-30 11:48 | Report Abuse

Yes, im also curious to know... some factory shut down for maintenance? etc?

Felix666888
Why revenue dropped so much 20% QoQ. Last quarter revenue is higher than this quarter with US custom ban situation. Is Supermax loosing the market share?

SaintPao

37 posts

Posted by SaintPao > 2023-11-30 12:13 | Report Abuse

The moderate but encouraging revenue uptick in the preceding 2 quarters could not be sustained and revenue eased back as demand and ASPs again waned amid stiff competition in a contracted market.

klee

2,946 posts

Posted by klee > 2023-11-30 12:15 | Report Abuse

SAPU

Loh Kok Wai W

3,588 posts

Posted by Loh Kok Wai W > 2023-11-30 12:39 | Report Abuse

Big Shark said..Sayonara...。。。。。ready to Celebrate X'mas n New year....see you ikan billis next year...bye...hahaha

Albukhary

2,719 posts

Posted by Albukhary > 2023-11-30 12:49 | Report Abuse

Find something interesting :-

1) Q2'23 - Revenue RM175mil, loss RM108mil
2) Q3'23 - Revenue RM175mil, loss RM40mil
3) Q1'24 - Revenue RM175mil, loss RM2mil

With the same amount of revenue, the loss has reduced substantially. It mean, Supermax cost efficiency has improve a lot, even though with such a low plant utilisation, still can maintain breakeven performance.

klee

2,946 posts

Posted by klee > 2023-11-30 12:50 | Report Abuse

next qr,revenue will increase 20% to include usa sales starting early nov 2023 after ban lifted

klee

2,946 posts

Posted by klee > 2023-11-30 12:51 | Report Abuse

sharks press down to collect bilis takut apa.....kikiki

yilonma

12 posts

Posted by yilonma > 2023-11-30 13:07 | Report Abuse

Wow people really like to nitpick the details. missed out on Q1 & Q4 revenues, previous year revenues..

1) YE2022 - Revenue RM2.64bill
2) YE2023 - Revenue RM821mil

Demand is down, manufacturing plants have downscaled as current factories have undermanufactured by almost 50%, and market share volume is down. doesn't matter if efficiency increases if total market VOLUME is down. you think competition will just lie there and let you eat for free

klee

2,946 posts

Posted by klee > 2023-11-30 13:13 | Report Abuse

Demand down,plant utilisation % down ,asp down bla bla bla is publicly available info and is factored into prices.Stock market anticipate the scenario 6 months ahead.

klee

2,946 posts

Posted by klee > 2023-11-30 13:13 | Report Abuse

What do novices know? hahaha

Albukhary

2,719 posts

Posted by Albukhary > 2023-11-30 13:14 | Report Abuse

Hahaha, yilonma, you are the one who nitpick.
We are old investor, more than 20 years in market, we have been watching Supermax grow since its IPO.
We see how it grow, how it overcome crisis, how it earn 3-4 billion a year, how it loss hundred million a year.

5354_

4,601 posts

Posted by 5354_ > 2023-11-30 14:12 | Report Abuse

Kossan, Harta reported profit why Supermax cannot?

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