SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.865

Today's Change

-0.025 (2.81%)

Day's Change

0.865 - 0.895

Trading Volume

5,930,400


99 people like this.

222,556 comment(s). Last comment by fengfengfeng 2 days ago

5231428

600 posts

Posted by 5231428 > 2024-05-23 13:28 | Report Abuse

QR release will be on the last day of May, keep the best for last.

5231428

600 posts

Posted by 5231428 > 2024-05-24 10:47 | Report Abuse

As we get closer to QR release the price keeps going south, not a good sign.

Posted by Investor126 > 2024-05-24 11:08 | Report Abuse

Since when Supermax ever been good?
They goreng up the share just to trap. Do not forget the Thais' histories. IYKWIM. 😏

Jassie26

30 posts

Posted by Jassie26 > 2024-05-24 11:11 | Report Abuse

It seems that Supermax is the only one not showing positive signs among the glove. sigh.....

Albukhary

2,995 posts

Posted by Albukhary > 2024-05-24 11:40 | Report Abuse

A wise investor told me that Harta, Kossan & Top Glove has show a affirmative recovery, that why share price has go up so much.

Only Supermax still inside the tunnel, many investor still have doubt on the company management, whether they are capable to turnaround the company, or they will continue to waste the shareholder money to buy plane.

So, he choose to bet big on Supermax, as his theory is:-
"If Supermax can deliver a profitable result, then share price will be limit up"

5231428

600 posts

Posted by 5231428 > 2024-05-24 21:40 | Report Abuse

I believe Supermax will not show profit this QR,most probably next QR.

ivanlau

1,365 posts

Posted by ivanlau > 2024-05-25 10:31 | Report Abuse

Back to basic, this coming QR will still losing money, if based on forward eps 4x18, the fair value only 0.72, today closing 0.94, think about that..........

5231428

600 posts

Posted by 5231428 > 2024-05-25 20:21 | Report Abuse

Supermax will LU anytime when you least expect so better to buy some at this low price,for sure make money.

Zrenxy

598 posts

Posted by Zrenxy > 2024-05-26 11:13 | Report Abuse

Management start share buy back so they know they are undervalued easliy rm 1.20 :)

Posted by Iamnotasifu > 2024-05-26 22:24 | Report Abuse

Supermax going to RM2 real soon.

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Supermax will be USA preferred glove supplier,why because glove factory is in USA.

Posted by ChloeCheong > 2 months ago | Report Abuse

Follow company to collect at 93 cents 😃

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

If company buy back shares better to follow.

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Supermax should be higher than topglove if you look from past history,so good time to collect at current price.

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

QR out by these week.

Albukhary

2,995 posts

Posted by Albukhary > 2 months ago | Report Abuse

Very high chances Supermax will throw us a bomb!!!

Posted by Iamnotasifu > 2 months ago | Report Abuse

Throw bomb means superb QR? fuh

Posted by Lukey_Greek > 2 months ago | Report Abuse

No way Supermax can turn around in this quarter. Last quarter profit margin was close to -50%.

kbtsyl68

145 posts

Posted by kbtsyl68 > 2 months ago | Report Abuse

if tomorrow results are out, it must be good for supermax investors. if not out better sell .

nasgee

845 posts

Posted by nasgee > 2 months ago | Report Abuse

cawwww laaa....evry day lookk seaaa..

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

All glove stocks are down.

Posted by Investor126 > 2 months ago | Report Abuse

Been dropping until cannot find its way home and supporters can still be so happy. Soon after the QR released, everyone will see these supporters hiding in the cave again.
Btw, if you had done your homework, you should already know that the QR is not so good yet.

ce0808

198 posts

Posted by ce0808 > 2 months ago | Report Abuse

many of us still wish to short squeeze the short sellers :D

Albukhary

2,995 posts

Posted by Albukhary > 2 months ago | Report Abuse

Wow... Supermax turnaround from loss to profit, haven't included the additional Forex Gain of RM47mil.
My sifu is correct, this bomb is really very fantastic.

Casino123

43 posts

Posted by Casino123 > 2 months ago | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2024
SUPERMAX CORPORATION BERHAD

Financial Year End 30 Jun 2024
Quarter 3 Qtr
Quarterly report for the financial period ended 31 Mar 2024
The figures have not been audited

Posted by Sweetchocalates > 2 months ago | Report Abuse

2molo fly

pang72

50,104 posts

Posted by pang72 > 2 months ago | Report Abuse

Naroiwing loss...
Gradually order pick up

pang72

50,104 posts

Posted by pang72 > 2 months ago | Report Abuse

Preparing new modern line for future...
Quote: 25% tarrif to China. Hints for better future, I read.. In 2026

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Tomorrow jump start for sure.

SinGor

4,801 posts

Posted by SinGor > 2 months ago | Report Abuse

Quote: 25% tarrif to China. Hints for better future, I read.. In 2026
________________________________
Traders can by-pass like a snap of finger---In Mexico, Huge American Co. are repacking everything to
circumvent high Import Tax. They can say generic Glove from Malaysia, Thailand BUT never China---
Easily get 5% discount from China Suppliers

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Supermax lastest QR make a profit, really good news.

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

This time Supermax will be the leader of the band.

nich0las

2,786 posts

Posted by nich0las > 2 months ago | Report Abuse

This QR dint give Div meh? sien lor..

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Let's see how the market react tomorrow.

Zrenxy

598 posts

Posted by Zrenxy > 2 months ago | Report Abuse

Gapped up to rm1. Supermax leader

Zrenxy

598 posts

Posted by Zrenxy > 2 months ago | Report Abuse

Harta flying back to rm3.70 range

Zrenxy

598 posts

Posted by Zrenxy > 2 months ago | Report Abuse

Yes tomorrow rss limit it up

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Wow, Supermax really going to the moon.

Jack Khan

1,280 posts

Posted by Jack Khan > 2 months ago | Report Abuse

Still lost money la

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Anything below 1 ringgit is a good buy.

Posted by Iamnotasifu > 2 months ago | Report Abuse

Supermax worth at least RM2 , Topglove Rm1.8, Harta Rm4.8, Kossan worth RM3.6

5231428

600 posts

Posted by 5231428 > 2 months ago | Report Abuse

Ya, tomorrow it will be one of the most active counters for sure.

Jack Khan

1,280 posts

Posted by Jack Khan > 2 months ago | Report Abuse

Don't spread false news la. The QR clearly state -ve profit mean their manufacturing not profitable yet. maybe need to burn few more years of money.

Mini2021

I believe US factory start production already but the management hiding the news...maybe will announce next QR

drkelvin20

694 posts

Posted by drkelvin20 > 2 months ago | Report Abuse

avoid glove counters, avoid big 4, don't get trapped multiple time!
All limit up call please ignore.

Jack Khan

1,280 posts

Posted by Jack Khan > 2 months ago | Report Abuse

why avoid ? Supermax is cash +ve, Just buy and keep. should avoid those stock report high revenue with high receivable. you can buy 100 shares per day just to keep you busy.

ivanlau

1,365 posts

Posted by ivanlau > 2 months ago | Report Abuse

--------- quote ---------
ivanlau

Back to basic, this coming QR will still losing money, if based on forward eps 4x18, the fair value only 0.72, today closing 0.94, think about that..........

4 days ago
---------- unquote -------
today closing 0.895 !!!

Posted by Investor126 > 2 months ago | Report Abuse

What has the cash got to do with you? From buying luxurious condo, private jet to every single damn thing, you still do not get rewarded. Just a 2 cents of it, with the wild expansion to syphon money, keep reporting loss, and you shall see if the reserved cash justified. But of course, this is just an assumption.

ivanlau

1,365 posts

Posted by ivanlau > 2 months ago | Report Abuse

Insider news, their US factory facing big issue , costing too high to cover their selling price to customers, good luck guys.......

Posted by ChloeCheong > 2 months ago | Report Abuse

Superman got hit by kryptonite ...

xiaoeh

2,443 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by Mini2021 > 20 seconds ago | Report Abuse
frankkoh: this is insider news...

btw....
this insider news...
gone through how many hands already....ha?

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