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.

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

SAPU

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

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.

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

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

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

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

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.

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

What do novices know? hahaha

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.

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

Kossan, Harta reported profit why Supermax cannot?

Posted by klee > 2023-11-30 14:16 | Report Abuse

5354,cos harta kossan did not kena usa ban for 2 years.

Posted by TillyLovers > 2023-11-30 14:34 | Report Abuse

why people throw the counter like no tomorrow?

Posted by BobAxelrod33 > 2023-11-30 14:41 | Report Abuse

From high of 1.06 yesterday to 93c today.....Private Jet seen landed at Swiss Alps for skiing holidays......the villages there are fantastic....you should try it........ooppsss... you have donated for their holidays!

Posted by klee > 2023-11-30 14:44 | Report Abuse

thank you for selling lol

Posted by Shortsqueeze > 2023-11-30 15:02 | Report Abuse

Thank you for buying and hodling

Posted by tradek > 2023-11-30 15:32 | Report Abuse

yes crisis is a blessing, every 3/4 years, enter and ride the wave, do this every cycle... :) always got chance...

Albukhary
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.

Posted by SaintPao > 2023-11-30 15:45 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/11/30/limited-gain-for-glove-firms-from-china-outbreak

Posted by yilonma > 2023-11-30 16:32 | Report Abuse

i'd be embarased if i had 20 years looking at stocks and cant tell when the stock has been priced in.. please seek help 😂😂 you all need to stop smoking all that copium

Posted by Jassie26 > 2023-11-30 17:17 | Report Abuse

lousy qr hahaha, sapu air lor

Posted by klee > 2023-11-30 20:52 | Report Abuse

Lousy qr? Anyone who can read ady know,anyone who know and want sell ady did today.Hahaha.

Posted by StartOfTheBull > 2023-11-30 21:47 | Report Abuse

Latest QR improved also means share price should be reasonably more than share price of three months ago.

Posted by myinvestor > 2023-12-01 09:01 | Report Abuse

The QR is expected as cbp wro still enforced in the last qtr. With resumed shipment to US in Nov, expected better or positive qtr result in Feb 2024 .Most of analyst already updated the supermx target price to 1.00.
https://klse.i3investor.com/web/pricetarget/research/69734

Posted by klee > 2023-12-01 09:08 | Report Abuse

SAPU

Posted by myinvestor > 2023-12-01 11:43 | Report Abuse

Short position of supermax reduced 4m shares yesterday to balance 9.6m shares.

Posted by klee > 2023-12-01 12:38 | Report Abuse

Yesterday sharks used supermx mediocre qr to press down n flush off weak holders.Any sell off is a buy for glove sector.2024 will be the recovery yr.No one ever get rich by listening to IB's.

Posted by tradek > 2023-12-01 13:20 | Report Abuse

👍
klee
Yesterday sharks used supermx mediocre qr to press down n flush off weak holders.Any sell off is a buy for glove sector.2024 will be the recovery yr.No one ever get rich by listening to IB's.

Posted by klee > 2023-12-01 17:08 | Report Abuse

All gloves rebound.2024 will be recovery yrs.Dont wait for the good numbers to come in ,be early birds.

Posted by klee > 2023-12-01 17:09 | Report Abuse

Ytl n ytl power moved forcefully before admitted to fbm klci index. Now they are confirmed in,but prices have fully discounted the good news.

Posted by Lai Yu > 2023-12-01 22:41 | Report Abuse

Glove sector only back end of 2024

Posted by TanSriDato > 2023-12-01 23:06 | Report Abuse

not budging

Posted by messi88 > 2023-12-02 14:23 | Report Abuse

Slow and steady

Posted by BobAxelrod33 > 2023-12-02 14:24 | Report Abuse

Posted by messi88 > 40 seconds ago | Report Abuse

Slow and steady


.................to the Grave.....

Posted by Lai Yu > 2023-12-02 23:57 | Report Abuse

中国发现严重呼吸道疾病。
机会来了！

Posted by myinvestor > 2023-12-04 17:05 | Report Abuse

https://www.youtube.com/watch?v=t6iZTN-VLvY

Posted by younglean > 2023-12-04 18:01 | Report Abuse

Gloves dropped despite of pneumonia happens ...

Posted by AhHuat168 > 2023-12-05 16:52 | Report Abuse

Good time to collect now, after the retrace will go up again

Posted by younglean > 2023-12-06 16:15 | Report Abuse

I will collect again when it drops below 90 cents

Posted by Eagle77 > 2023-12-06 18:16 | Report Abuse

https://m.malaysiakini.com/news/689053

Posted by AhHuat168 > 2023-12-06 18:37 | Report Abuse

younglean is right, collect when drop below 0.90, market sentiment still bad now

Posted by Lai Yu > 2023-12-06 20:59 | Report Abuse

Not a right time to buy yet

Posted by yilonma > 2023-12-07 12:29 | Report Abuse

Albukhary & klee all run away already 🤣🤣
people only comment in this section to pump up the price so they can sell, not because they believe in the "long-term growth" of the company.

never listen to monyets who ask you to buy after the stock has already reached it's current peak and spend all day commenting on this website. they need to visit their relatives at zoo negara and touch some grass 🐵🐵

Posted by younglean > 2023-12-07 14:03 | Report Abuse

Hard to grasp a right timing... rather set a price that you are comfortable with and collect

Posted by AhHuat168 > 2023-12-07 23:26 | Report Abuse

Can start to collect, price will up anytime

Posted by Albukhary > 2023-12-09 00:03 | Report Abuse

Hi, anyone attend the AGM, any news to share here?

Posted by kItower > 2023-12-09 08:19 | Report Abuse

https://theedgemalaysia.com/node/693302

Supermax Corp Bhd announced that its first glove manufacturing facility in the US is nearing completion, with the group having fulfilled and complied with various regulatory requirements, including permits, to operate the plant in Brazoria County, Texas.

Posted by CharlesT > 2023-12-10 12:10 | Report Abuse

Rm1B project?

Maybe need to buy one more private jet for Ah Thai to fly there more often

Posted by ChloeCheong > 2023-12-11 14:50 | Report Abuse

Lol, then supermax is safe from Andy Hall's inspection

Posted by alenac > 2023-12-11 23:34 | Report Abuse

I am leaving on a jet plane dun know when I be back again ..............................
In the article published last week, Tan pointed to the aircraft’s purchase as one of the main causes of Supermax’s continued loss for four consecutive quarters while its peers had returned to the black, aside from a drop in productivity.
https://theedgemalaysia.com/node/693457
Rm1B project?
Maybe need to buy one more private jet for Ah Thai to fly there more often

Posted by CharlesT > 2023-12-12 07:46 | Report Abuse

Unless the American launch a Buy American Product First campaign, or else buying a second or third private jet mayb a better idea than their RM1B project in USA....cause can lose less