SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

1.18

Today's Change

+0.01 (0.85%)

Day's Change

1.16 - 1.21

Trading Volume

16,098,100


102 people like this.

224,758 comment(s). Last comment by chunah 4 minutes ago

dompeilee

11,888 posts

Posted by dompeilee > 3 weeks ago | Report Abuse

Go Thai Kim Sim...GOOOO! 😃 Pls make the shorties kek sim for all the anguish they caused us faith-FULL holders!!!🕺

mf

29,496 posts

Posted by mf > 3 weeks ago | Report Abuse

2024-12-19

Blog

Supermax Proposes 1-for-5 Bonus Issue With 1-for-20 Free Warrants

mf

29,496 posts

Posted by mf > 3 weeks ago | Report Abuse

hold

FAInvestor

381 posts

Posted by FAInvestor > 3 weeks ago | Report Abuse

Supermax continue its surge towards 1.30 next resistant level

bu4567

47 posts

Posted by bu4567 > 3 weeks ago | Report Abuse

Looks like boss want to kill shorties

abcb

3,115 posts

Posted by abcb > 3 weeks ago | Report Abuse

From 0.78 to 1.25
up 0.47
Take some good profits and buy back later

mf

29,496 posts

Posted by mf > 3 weeks ago | Report Abuse

hold

dompeilee

11,888 posts

Posted by dompeilee > 3 weeks ago | Report Abuse

🎶🎵Oh come, all ye Faithful...Joyful & Triumphant!🎶🎵🎶 Oh come, ye oh come ye to Su..u..perMAX!😂

Posted by Yi Long Mask > 3 weeks ago | Report Abuse

Stanley go go go

calvintaneng

57,181 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

I remember this in year 2020 after buying Supermax at Rm1.73

One guy from Puchong called

"Did you buy Supermax?"

I replied, "Yes i did"

Then he said, "Since Supermax is Rm4.00 you better sell and buy back when price retrace"

I was reluctant to sell

Then he called again when Supermax reached Rm5.00 (in year 2020)

"Have you taken profit?"
If not you must sell now at Rm5.00"

I asked him, " Why should i sell now"?

He said, "You must listen to me. Sell Supermax at Rm5.00 and then buy back cheaper as price will drop back"

He kept insisting i must sell

I told him since i don't have too many Supermax shares i will hold.

And i was right. No chance of pullback after Directors/Insiders of Supermax also started buying at Rm7.50 & Rm7.75

Then Supermax rose above Rm10.00 and higher

So in a bull market the best thing to do is to buy and sit still

"SUSTAIN YOUR PATIENCE GREAT MOVEMENTS TAKE TIME TO DEVELOP"

dompeilee

11,888 posts

Posted by dompeilee > 3 weeks ago | Report Abuse

🎅🎶🎵Joy 2 the WORLD, 🤴King Stan-ley's come!🎶🎵🎶 🎅

🎵 Shorties...are...be...ing FRIED!!!💸🈚📉🎼

Alistino G

706 posts

Posted by Alistino G > 3 weeks ago | Report Abuse


𝐈 𝐬𝐡𝐚𝐥𝐥 𝐇𝐎𝐋𝐃 𝐮𝐧𝐭𝐢𝐥 𝐢𝐭 𝐡𝐢𝐭𝐬 𝐚𝐛𝐨𝐯𝐞 𝐔𝐒𝐃𝟓 (𝐬𝐭𝐢𝐥𝐥 𝐜𝐡𝐞𝐚𝐩)~

Alistino G

706 posts

Posted by Alistino G > 3 weeks ago | Report Abuse

𝐘𝐨𝐮 𝐰𝐨𝐮𝐥𝐝 𝐡𝐚𝐯𝐞 𝐧𝐨𝐭𝐢𝐜𝐞𝐝 𝐭𝐡𝐚𝐭 𝐨𝐭𝐡𝐞𝐫𝐬 𝐚𝐫𝐞 𝐥𝐢𝐪𝐮𝐢𝐝𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐢𝐫 𝐨𝐭𝐡𝐞𝐫 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨𝐬 𝐭𝐨 𝐛𝐮𝐲 𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐱.

Posted by Yi Long Mask > 3 weeks ago | Report Abuse

Today supermax leading

pang72

52,215 posts

Posted by pang72 > 3 weeks ago | Report Abuse

The whole morning absorb panic sellers..
Then, the whole afternoon will rocket up lol

Alistino G

706 posts

Posted by Alistino G > 3 weeks ago | Report Abuse

Yes, pang72

pang72

52,215 posts

Posted by pang72 > 3 weeks ago | Report Abuse

FF is so happy to see $1 level..
In fact shld over $2.50 like kossan

Posted by HKHedgeFund > 3 weeks ago | Report Abuse

不贪污又怎能致富呢?

Alistino G

706 posts

Posted by Alistino G > 3 weeks ago | Report Abuse

购买更多
😄

Posted by Yi Long Mask > 3 weeks ago | Report Abuse

Supermax standby to rocket up

farisfx54

358 posts

Posted by farisfx54 > 3 weeks ago | Report Abuse

it's elementary my dear Watson will be reaching there soon.

mf

29,496 posts

Posted by mf > 3 weeks ago | Report Abuse

Supermax Corporation Berhad - Proposed Bonus Issue and Free Warrants
Date:
2024-12-19
Firm:
TA
Stock:
SUPERMX
Price Target:
1.37
Price Call:
BUY
Last Price:
1.25
Upside/Downside:
+0.12 (9.60%

pang72

52,215 posts

Posted by pang72 > 3 weeks ago | Report Abuse

KOSSAN $2.75 up 6c
SUPERMX $1.24 up 2c
TG $1.39 up 1c
Harta $4.04 up 1c

Kossa leads the glove today

pang72

52,215 posts

Posted by pang72 > 3 weeks ago | Report Abuse

There will be a good show in the afternoon..
I believe

pang72

52,215 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Price stabilise..
Sellers sold finish
Buyers continue absord tickets

flydelta

189 posts

Posted by flydelta > 2 weeks ago | Report Abuse

More virus coming....

StarOfTheBull

8,073 posts

Posted by StarOfTheBull > 2 weeks ago | Report Abuse

Breaking news:
California Declares Bird Flu Emergency.

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/74010
Our View
We are mildly positive on the proposed exercises. The proposed bonus issue serves to reward the existing shareholders for their continued support to Supermax. In addition, the proposed bonus issue would likely increase the share liquidity further.

Meanwhile, the free warrants would allow shareholders to further increase their equity participation in Supermax and benefit from any potential capital appreciation arising from the exercise of the warrants.

Impact
No change to our FY25-27 forecast, pending completion of the exercises.

Valuation
Maintain Buy on the stock with a TP of RM1.37 based on 0.8x FY26 P/B.

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

TA the 1st IB upgrade supermx to $1.37..

Ok...eventhough is too low target price but acceptable for further review

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

Top glove announcement warrant bonus on 10Oct rising from 1.03to 1.39 about 40%

SUPERMX up 40% will be from 1.10 to 1.54 after warrant announcement yesterday

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

美元冲2年新高 令吉跌破4.50!
https://www.chinapress.com.my?p=4230867

This is another breaking news...

Asp adjusted to reflect strong ringgit
But, runggit become weaker so forex earning g + price adjustment..

Double bonus:)

mf

29,496 posts

Posted by mf > 2 weeks ago | Report Abuse

7106 SUPERMX, SUPERMAX CORPORATION BHD - +
MULTIPLE PROPOSALS
19 Dec 2024, 12:36
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
SUPERMAX CORPORATION BERHAD ("SCB" OR THE "COMPANY")I. PROPOSED BONUS ISSUE OF
SHARES; ANDII. PROPOSED BONUS ISSUE OF WARRANTS(COLLECTIVELY REFERRED TO AS THE
"PROPOSALS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

mf

29,496 posts

Posted by mf > 2 weeks ago | Report Abuse

2024-12-19

Price Target

Supermax Corporation Berhad - Proposed Bonus Issue and Free Warrants
Source : TA, Price Call : BUY, Price Target : 1.37
Last Price : 1.24, Upside/Downside : +0.13(10.48%)

Posted by Yi Long Mask > 2 weeks ago | Report Abuse

Afternoon should be over 1.37 to exceed TA Target Price

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

We refer to the earlier announcement dated 18 December 2024 in relation to the Proposals.

On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 19 December 2024.



This announcement is dated 19 December 2024.

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

Request for bursa approval the 2nd day of bonus announcement.

SUPERMX efficiency shows that to rush for certain timing to release the warrant for big goreng

Posted by Yi Long Mask > 2 weeks ago | Report Abuse

Yes, Topglove took about 1 months to submit to bursa, supermax super efficien

Posted by Yi Long Mask > 2 weeks ago | Report Abuse

Supermax want bonus share and warrant issue before Trump in the president office so that can big goreng with high Tariff

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

Supermx may want to ride on the hot top glove warrant goreng once listing..
SUPERMX do not wangtto miss the boat after 3 years waiting the best timing

Posted by EngineeringProfit > 2 weeks ago | Report Abuse

Any late afternoon or midnight SUPERMAn RETURN show today?

mf

29,496 posts

Posted by mf > 2 weeks ago | Report Abuse

collect

dompeilee

11,888 posts

Posted by dompeilee > 2 weeks ago | Report Abuse

TIME'S RUNNING OUT!!! C'mon shorties! You have to cover back your NAKED positions & lo$e your ill-gotten gains of the last 3 years!👋💸💥

mf

29,496 posts

Posted by mf > 2 weeks ago | Report Abuse

Gabenor California Gavin Newsom pada Rabu mengisytiharkan darurat berikutan wabak selesema burung H5N1 yang telah menjangkiti 34 orang di negeri itu, lapor Xinhua.

Menurut pejabat gabenor, pengisytiharan itu dibuat susulan pengesanan kes dalam lembu tenusu di ladang di California Selatan, "menunjukkan keperluan untuk meluaskan lagi pemantauan dan mengukuhkan pendekatan yang diselaraskan di seluruh negeri bagi membendung serta mengurangkan penularan virus."

Ikuti berita terkini di https://grid.astroawani.com/
#AWANInews

Posted by Yi Long Mask > 2 weeks ago | Report Abuse

Nice, closed at 1.24. tomorrow limit up in the morning before Topglove result out in the afternoon

dompeilee

11,888 posts

Posted by dompeilee > 2 weeks ago | Report Abuse

💃!Shorties fed their own BITTER medicine!🤺 Celebrated 2 days in a row!! Yesterday, Black Canyon coffee, 2day Secret Recipe!! Money is no object!🙆

Short-sellers' losses based from outstanding position yesterday on avg price done 2day = $116,058.72📉📉📉

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

$1.24 up 2c..
This shld be the way.. Inching up slowly 1c, 2c...
It can move up strongly steadily to $2

pang72

52,215 posts

Posted by pang72 > 2 weeks ago | Report Abuse

We are peaceful on mind welcoming Christmas and New Year celebrations with Super Glove

Posted by Yi Long Mask > 2 weeks ago | Report Abuse

This type of going up can go up to RM8 from 1.24 now, buy more to keep

Alistino G

706 posts

Posted by Alistino G > 2 weeks ago | Report Abuse

Ya, ya,,,, this morning, I parked at 1.17 to accumulate when I noticed it was softening but unsuccessful. 😀

Posted by JalanTembok > 2 weeks ago | Report Abuse

A toast to Supermax for bringing investors good cheers & prosperity!

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