SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.82

Today's Change

-0.03 (3.53%)

Day's Change

0.815 - 0.85

Trading Volume

14,337,200

Additional Listing


Ann. Date Date Type Units Price View
Discussions
97 people like this. Showing 50 of 221,158 comments

LossAversion

Buy and hold for at LEAST 3years...mentally prepared

2 weeks ago

MrsLee

wow...3 years...so long...

2 weeks ago

SinGor

then Buy after 2.99years and keep your money in FD ( no more White Hairs from today onwards)

2 weeks ago

cK1973

Relaks. Down to 50c we buy and wait for next cycle. Hopefully it will go down by year end

1 week ago

Investoz88

Tokyo's new COVID-19 cases hit a record high of 40,406 on Thursday, surpassing 40,000 for the first time, with health experts urging "maximum vigilance" as the country continues to struggle with its seventh wave of infections.

Japan reported 233,100 daily coronavirus cases the same day, hitting a new record for the second consecutive day, raising concern about the strain on the medical system as the number of available designated hospital beds continues to decline.

The daily figure in the capital was up by about 8,500 from a week before, and comes after daily COVID-19 cases hit a record high of 209,694 on Wednesday.

1 week ago

cK1973

I still waiting.....50....waiting

1 week ago

monetary

dont waste time here. buy tech stocks. use the profit to buy glove next yr.

1 week ago

monetary

every1 says wait 3yrs but buy now. why not buy 2.5 yrs later? dont understand

1 week ago

Sneakpeek

Those saying for long term actually got stuck at high price..no chances to off load so say laa long term la for dividend laa..hahahaha..denial

1 week ago

SinGor

Yeah always Happy poking at people "New wound" bcos my Old wound has no feeling. Play Bursa, you
never leave wealthy but just a lingering Hope to be million-Air

1 week ago

cK1973

Accumulation time.
Game won't start so soon.
Masa belum tiba

1 week ago

Investor126

Game over already long time ago. The game you been waiting for is just some +0.05 and then -0.15 kind of downwards game.

1 week ago

WMY2188

Close strong this evening in the red sea....Supermx green up 0.01

1 week ago

Mini2021

CHINA US WAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! CHINA GLOVE GGGGGGGGGGG MALAYSIA GLOVE WINNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

1 week ago

cK1973

Very good company. Good for long term investment . Steady ma

1 week ago

cK1973

But I stil prefer to buy at lower price …. 80 x 3 = 240
If formerly 120 means current price 40….. bolehka 40 baru showhand?? Hahaha

1 week ago

cK1973

War don’t use glove. They use guns …. Soli no weapon producing companies in msia ma

1 week ago

Investor126

New low will be consistent later on. Supermax had been a lousy counter for the past 2 years and will still be too.
Might as well invest some where better than stuck your money here.

1 week ago

looiting

If you want to understand what really happened behind the Gloves mania to draw in investors and then RSS gloves by big funds, read this

https://www.thestreet.com/investing/stocks/hkd-amtd-wtf-the-stock-you-...

1 week ago

Mini2021

US start WAR with CHINA .....CHINA will not sell glove to US ......CHINA GLOVE GG..... MALAYSIA GLOVE UP UP UP ....

1 week ago

Investor126

Same old trick been using again and again. Push high a little and let off their shares.
Coming QR going to be another terrible one.

6 days ago

cK1973

40c la. wait first ma.........

6 days ago

cK1973

I luv this counter ma.....

6 days ago

WMY2188

Based on TA....SUPERMX maybe continue uptrend tomorrow. Good luck SUPERMX

6 days ago

MrsLee

Waiting to break 0.86...

6 days ago

Investor126

Full of bs as usual. Share price has yet dropped to where it supposed to be, and then bs here trying hard to blow it up by mouth.

5 days ago

PureBULL ...

THEME.PLAY HAS THE BIGGEST MONEY IN STOCKS

What Theme will Mr Mkt always play up perpetually?
TECH

WHY? bcos NASDAQ, the world most efficient stock index will move TECH stocks everywhere.
Stock players must focus fulltime on cycle knowhow of Nasdaq index,
n on TECH stocks such as:
INARI, MPI, UNISEM, D&O, FRONTKN, DUFU, SAM, KOBAY, GENETEC, UWC, PENTA, GREATEC

For now TECH rebound could edi ran its course. It looks like a double top of the 2nd HH.
https://www.tradingview.com/x/zxHMrhof/
https://www.tradingview.com/x/XmRzAKwf/

Plan a portfolio of 2 to 3 themes at every new cycle.
The theme i.e. 1st to fly, enter more or all.

WIIFM:
Down trend stocks can REBOUND = +10 to 25% potential profit
Up trend stocks would fly = +40 to 80% profit

5 days ago

MichelleNg

Superman return?

5 days ago

PureBULL ...


GLOVE STOCKS R THE TOUGHEST TO DEAL WITH

They r all fully matured giant purebear of 2 years to turn purebull anytime.
Thus far there were 7 bottoms with attempts to go higher.
TIPU as many players shouted!

the 2 iliot k.fun could be dumping.
they failed in their responsibility to nurture n help home grown biz to prosper forever more.

WE NEED TO PRAY,,,

Lots of stocks r dropping in QR PAT this month August, like MSC.
Next QR on Nov is really tough.

In comparison, glove stocks could be the safer bet, I guess.
SPM n TG could surprise to the upside by showing increasing QR PAT!

https://www.grandviewresearch.com/industry-analysis/disposable-gloves-...

An International GLOVE Conference
on 6-8 Sep 2022 at KLCC

Key words: Game Changing Initiative

all the ts of glove stocks must be planning a reversal of their fortunes.
these ts will charm all the anal.ists 1 by 1 like b4.
Glove stocks were great winning stocks n the pride of msia.
Will they recover soon to their glorious days again by 2 X to 5 X?

The stock pro said; history repeats in great stocks but not in exact pattern, quantum or duration.

GLOVE stocks have Perpetual Growing Biz.
Thus far, total global glove usage grows at > 10% CAGR n non.stop...
Very few biz sector can show this growth.

5 days ago

CharlesT

U sure ah? Hv to fight with China Glove Co for years to come....

5 days ago

CharlesT

Wait to see Glove Co stops posting lower Q prpfit first.

5 days ago

Gem Man

v hard.. asp is still low

4 days ago

VincentTang

New virus named “Langya henipavirus” discovered in Shandong and Henan.

https://www.dimsumdaily.hk/35-in-mainland-infected-by-new-virus-named-...

2 days ago

Investoz88

PETALING JAYA (Aug 3): The global demand for rubber gloves is expected to return to growth in 2023, after a 19% contraction to an estimated 399 billion pieces this year, from 492 billion in 2021 when the world was at the peak of the Covid-19 pandemic.

The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects glove demand to expand in the range of 12%-15% next year. Meanwhile, the association has cut its demand forecast for this year by 12% to 399 billion pieces, from 452 billion pieces previously, as the demand normalises against the backdrop that the Covid-19 pandemic is under control.

MARGMA’s President Dr Supramaniam Shanmugam, however, stressed that the association’s forecast “is a very conservative estimate”, given the various growth drivers, for instance rising hygiene awareness, ageing population and recovery in non-Covid-19 related demand.

He explained that MARGMA’s initial forecast on global glove demand had taken into consideration the potential risk from the outbreak of the Omicron variant.

“Now we find most of these [risks] have come under control. That’s why we need to reassess the numbers,” said Supramaniam.

He was speaking at the press conference on Wednesday (Aug 3) in conjunction with the memorandum of understanding (MOU) signing ceremony for the upcoming 10th International Rubber Glove Conference & Exhibition (IRGCE).

MARGMA and the Malaysian Rubber Council, which will jointly host the IRGCE, had signed the MOU with 18 key sponsors of the IRGCE on Wednesday.

Supramaniam said Malaysia, which produces an estimated 240 billion pieces of gloves in 2022, is expected to command a 65% share of the global rubber glove market, followed by China (20%), Thailand (10%) and Indonesia (3%).

In line with the decline in global demand this year, MARGMA projects that the export value of rubber gloves from Malaysia would drop by 58% to RM23.10 billion this year, from RM54.81 billion last year and RM35.26 billion in 2020.

Nonetheless, MARGMA foresees that the export value for rubber gloves from Malaysia would grow 10% annually from 2023 onwards.

“Glove manufacturing will still be a profitable business, bearing [in] mind, in normal conditions, its (annual global demand) growth is about 15%,” said Supramaniam.

Nonetheless, Supramainam expects the outlook of the Malaysian glove industry to be tough in the next six- to nine months, in terms of production capacity utilisation and glove average selling prices.

“Supply pipeline has sufficient gloves. Upon (supply-demand) equilibrium, players will expand only to the tune of demand growth,” he said.

Supramaniam also updated that MARGMA members have so far automated about 85% of their glove production operations, and that it will take them another three- to four years to automate 95% of their operations.

“The last mile is very important and we are investing continuously to achieve that. One of the examples we like to use is 10 years ago, we needed 9.7 workers to produce one million pieces of gloves. Today, to produce the same [number] of gloves, we need 1.7 workers. So, we will continue to automate,” he said.

2 days ago

Investor126

Many here continue to blow water. Supermax in fact is still a lousy counter but you people thought take it precious. Next QR, you probably see Supermax facing losses.

2 days ago

ket4212

禁令就快解除!静候佳音

2 days ago

investmalaysia618

there's no reason to buy at all even at this price. better put your bet in harta or kossan

1 day ago

VincentTang

Accumulating Topglove, Harta and Supermx. ROI will be high in coming months.

1 day ago

cK1973

this is a very good counter for long term play...
short term cannot la...
earn dividends n etc boleh la....

1 day ago

myinvestor

KUALA LUMPUR (Aug 8): The Malaysian Rubber Glove Manufacturers Association (Margma) estimated that the Malaysian glove industry suffered losses of about RM1.8 billion from 2020 to 2022 as a result of the US Customs and Border Protection (CBP) sanctions on six glove companies.

Margma president Dr Supramaniam Shanmugam also said the CBP’s import ban for the four glove industry players, namely YTY Group, Smart Glove, Brightway Group and Supermax Corp Bhd, will be lifted “very soon”.

1 day ago

VincentTang

Buy before too late. Don't miss this glove stocks big rebound.

1 day ago

VincentTang

Harta prospect is good.
The Group is cautiously optimistic of the longer-term prospects of the sector, given the expected continued post-pandemic growth in demand for rubber gloves.

1 day ago

PureBULL ...

watch this grand ROAD SHOW to attract int fund managers n investors...
THE INTERNATIONAL GLOVE CONFERENCE ON
6TH - 8th SEP 2022 at KLCC

this giant ROAD SHOW could be the catalyst to purebull GLOVE stocks.,. from their deep ocean prices.,. to RECOVERY...
+++++++++++++++++++++++++++++
staring at all stock charts 247 by biz sectors =
THIS IS THE TAKE:..

players as long term holders could lose lots of money.
n
GLOVE could be the least risky sector, do meditate on it!

17 hours ago

investmalaysia618

stay strong ya glovers. kikiki

6 hours ago

CITADEL

long term investor very happy can sapu low price hahahaha , mana all the old folks????

6 hours ago

CITADEL

hah from covid 19 to vaccine to idss to monkeypox, now all supporters disappeared from this forum

6 hours ago

CITADEL

mana pjseow???

6 hours ago

investmalaysia618

pjseow driving his bezza for road trip. dont want look at bursa d kikiki

6 hours ago

NatsukoMishima

KUALA LUMPUR: Hartalega Holdings Bhd bercadang untuk menghentikan operasi satu lagi kilang pembuatan di Bestari Jaya bagi menjimatkan kos.

MIDF Research dalam satu nota penyelidikan berkata, rancangan untuk menghentikan Kilang 3 Bestari Jaya yang mempunyai lapan barisan pengeluaran dan menghasilkan 3.3 bilion unit sarung tangan setahun itu adalah bagi meningkatkan keberkesanan kos.

Ia berkata, Hartalega sebelum ini telah menghentikan Kilang 2 Bestari Jaya bagi tujuan penjimatan kos berikutan jumlah pekerjanya yang ramai.

"Kilang 2 mempunyai lima barisan pengeluaran dan menghasilkan 1.2 bilion sarung tangan setiap tahun," katanya.

MIDF Research berkata, di sebalik rancangan penutupan itu, Hartalega ketika ini juga sedang menyiapkan pembinaan pengembangan empat kilang pembuatan di bawah NGC 1.5 di Sepang.

Katanya, pengurusan Hartalega menekankan bahawa pentauliahan kilang akan dibuat secara berperingkat, tetapi masanya akan bergantung kepada dinamik penawaran dan permintaan dalam pasaran.

"Berdasarkan NGC 1.5 (Sepang), kilang pengeluaran itu akan meningkatkan kapasiti tahunan sebanyak 19 bilion sarung tangan.

"Penyahtauliahan kilang pembuatan dijangka akan mengimbangi pentauliahan pengembangan dua kilang di bawah projek NGC 1.5, yang menghasilkan jumlah kapasiti yang sama," katanya.

Keuntungan bersih Hartalega merosot 96.1 peratus kepada RM88.28 juta pada suku pertama berakhir 30 Jun 2022, daripada RM2.26 bilion dalam tempoh yang sama tahun lepas berikutan peningkatan kos tenaga dan buruh yang disebabkan oleh kenaikan tarif gas asli dan pelaksanaan gaji minimum.

Perolehan turun 78.3 peratus kepada RM845.67 juta berbanding RM3.90 bilion sebelumnya.

Perolehan yang lebih rendah itu terutamanya disebabkan oleh purata harga jualan (ASP) yang kembali normal dan kemerosotan jumlah jualan sebanyak 28 peratus, berbanding suku pertama tahun kewangan 2022 apabila kedua-dua ASP dan permintaan jualan mencatatkan paras tertinggi ketika tempoh pandemik.

Ketua Pegawai Eksekutif Hartalega, Kuan Mun Leong, berkata kesan ASP dan permintaan yang kembali normal dipaparkan dalam keputusan suku pertama syarikat yang turut terkesan dengan persekitaran kos operasi yang lebih tinggi dan peningkatan tekanan inflasi disebabkan oleh kenaikan tarif elektrik dan gas asli, serta dasar gaji minimum baharu yang dilaksanakan pada Mei 2022.

"Di samping itu, persaingan semakin sengit di pasaran berikutan keadaan bekalan berlebihan dalam sektor sarung tangan global," katanya.

Close shops 1 by 1 coming soon !

47 minutes ago

NatsukoMishima

https://www.klsescreener.com/v2/news/view/1029307

OMG , perfect storm coming to malaysia glove sector again

32 minutes ago

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