KLSE (MYR): SUPERMX (7106)
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Last Price
1.12
Today's Change
+0.02 (1.82%)
Day's Change
1.10 - 1.13
Trading Volume
3,010,700
Ann. Date | Date | Type | Name | Title | View |
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I am seeing that the buying momentum is pretty strong today, might spike up very soon
22 hours ago
Thanks deep-pocketed funds for killing shorties for 3 weeks consecutively! And thanks shorties for contributing to the relentless rise of Superman!
22 hours ago
Yes, we are thankful to shorties too, dompeilee. They have made the path more interesting and alerted those that are still in the slumber. Btw, have you increased the 30k lots holding? I think most of us have.
22 hours ago
Nope....too much exposure to 1 stock is poor risk management, no matter how good the prospects look....coz anything can happen!
22 hours ago
Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025
TARGET PRICE : RM2.50
Here are 10 main reasons why Supermax Corporation Berhad's share price may surge in 2025:
1. US Manufacturing Facility Commencement
Supermax's new manufacturing plant in the US is expected to begin operations in early 2025. With an initial production capacity of 2.4 billion gloves annually, it reduces dependency on exports and taps directly into the largest glove market. Full capacity is projected at 19.2 billion gloves.
2. Higher US Import Tariffs on Chinese Gloves
The US has imposed increasing tariffs on Chinese gloves:
50% in 2025
100% in 2026
This opens a massive opportunity for Malaysian glove producers like Supermax, as buyers seek alternative suppliers.
3. Improved Average Selling Prices (ASPs)
Global glove ASP trends are showing signs of recovery, forecasted to rise to US$21–US$22 per 1,000 pieces by late 2024 and 2025 due to increasing demand and rising costs.
4. Rebounding Global Demand for Gloves
The demand for gloves is projected to grow 8%–10% annually due to increasing hygiene awareness post-pandemic, rising healthcare spending, and infection control measures worldwide.
5. Weaker Malaysian Ringgit (Currency Advantage)
A weaker MYR against the USD benefits Supermax as exports generate foreign currency, boosting profitability and revenues.
6. Diversification into Developed Markets
Supermax’s expansion into Europe and North America mitigates risks associated with oversupply in Asian markets. The US plant reinforces direct relationships with customers.
7. Strong Balance Sheet and Cash Reserves
Supermax maintains a strong cash position that allows it to fund expansion, manage costs, and distribute dividends if necessary, improving investor confidence.
8. Glove Sector Recovery from Overcapacity
The global glove industry has faced overcapacity, but consolidation among competitors and steady demand growth are driving sector normalization, supporting higher ASPs and revenues.
9. Strategic Focus on ESG (Environmental, Social, and Governance)
Supermax’s focus on sustainable practices, including energy-efficient production and ethical labor compliance, attracts long-term institutional investors prioritizing ESG-compliant companies.
10. Improved Sentiment for Malaysian Glove Stocks
Malaysian glove stocks, including Supermax, are benefiting from renewed investor interest, driven by:
Recovery in demand
Improved sector outlook
Positive macroeconomic policie
22 hours ago
Yesterday maybank called for profit taking on gloves which led to the pull backs of glove sector.Today glove have stabilized.I guess too many ppl loaded lorries of mibb cw's.
21 hours ago
Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025
*TARGET PRICE : RM2.50*
Here are 10 main reasons why Supermax Corporation Berhad's share price may surge in 2025:
1. US Manufacturing Facility Commencement
Supermax's new manufacturing plant in the US is expected to begin operations in early 2025. With an initial production capacity of 2.4 billion gloves annually, it reduces dependency on exports and taps directly into the largest glove market. Full capacity is projected at 19.2 billion gloves.
2. Higher US Import Tariffs on Chinese Gloves
The US has imposed increasing tariffs on Chinese gloves:
50% in 2025
100% in 2026
This opens a massive opportunity for Malaysian glove producers like Supermax, as buyers seek alternative suppliers.
3. Improved Average Selling Prices (ASPs)
Global glove ASP trends are showing signs of recovery, forecasted to rise to US$21–US$22 per 1,000 pieces by late 2024 and 2025 due to increasing demand and rising costs.
4. Rebounding Global Demand for Gloves
The demand for gloves is projected to grow 8%–10% annually due to increasing hygiene awareness post-pandemic, rising healthcare spending, and infection control measures worldwide.
5. Weaker Malaysian Ringgit (Currency Advantage)
A weaker MYR against the USD benefits Supermax as exports generate foreign currency, boosting profitability and revenues.
6. Diversification into Developed Markets
Supermax’s expansion into Europe and North America mitigates risks associated with oversupply in Asian markets. The US plant reinforces direct relationships with customers.
7. Strong Balance Sheet and Cash Reserves
Supermax maintains a strong cash position that allows it to fund expansion, manage costs, and distribute dividends if necessary, improving investor confidence.
8. Glove Sector Recovery from Overcapacity
The global glove industry has faced overcapacity, but consolidation among competitors and steady demand growth are driving sector normalization, supporting higher ASPs and revenues.
9. Strategic Focus on ESG (Environmental, Social, and Governance)
Supermax’s focus on sustainable practices, including energy-efficient production and ethical labor compliance, attracts long-term institutional investors prioritizing ESG-compliant companies.
10. Improved Sentiment for Malaysian Glove Stocks
Malaysian glove stocks, including Supermax, are benefiting from renewed investor interest, driven by:
Recovery in demand
Improved sector outlook
Positive macroeconomic policies
21 hours ago
It looks like supermx get the huge support to stay above 3 years high $1.10..
Lets see the closing today... Once confirm will be bye bye to $1.0x toward $1.1x
21 hours ago
Supermax from junior bull will become super bull by end of Dec24 or Jan25 and Mega bull in March25
Elon musk also move the office to Texas to make friend with Stanley. Something great is on the way
21 hours ago
Now we look forward to more incentives from Trump to entice companies to set up shop in USA,n even more incentives to those who had like Maxter Supermx.Trump knows he must arrest USA's economic decline while he still can,n when USD is still king.
20 hours ago
So Trump will be waging Trade Wars frm north to south,east to west.
Only USA cos are safe.
20 hours ago
If Maxter complain to Trump abt msian gloves from the other top 3,what will he do?
interesting....
20 hours ago
Klee,the ONLY risk is Trump suddenly go to heaven.
So you better pray hard for his health.Lol.
20 hours ago
Rchi., maxter Healthcare is complaining for import glove in fact..
51,882 posts
Posted by pang72 > 1 day ago | Report Abuse
to…
Published Dec 4, 2024
Follow
The American Medical Manufacturers Association (AMMA) submitted comments on the proposed rule to implement the Make PPE in America Act. AMMA applauds the Department of Homeland Security (DHS) for its commitment to strengthening domestic PPE manufacturing. Implementing this critical legislation represents a vital opportunity to boost U.S. manufacturing, significantly improve public health preparedness, and enhance national security.
pang72
51,882 posts
Posted by pang72 > 1 day ago | Report Abuse
New Act proposed (Make PPE in America Act.) by America medical manufacture Associations....
Once pass the bill, supermx will sapu every single glove in US market
pang72
51,882 posts
Posted by pang72 > 1 day ago | Report Abuse
This Act is major milestone for Supermx
20 hours ago
Wait for new act to pass and sign by Donald Trump which is Make PPE in America Act.
20 hours ago
Wah with so many good news it is still the cheapest among the big 4, something is not right.
20 hours ago
Not many people know the good news for supermx.
People know the good news but do not believe the truth.
So, the price is depressed lo...
We accumulate every past week likewise calvintaneng is worrying limit up when I shout...
Now, can limit up liao because our lorry is full
19 hours ago
Next target $1.30 by Friday....
Day of glory after achieving my little glory breaking $1.10....
19 hours ago
rchi, even DT not here, American still need to work and also the glove. Why worry???
14 hours ago
This retracement is very healthy. It gives opportunity to those with loaded lorry to re-arrange for further loadings. Are you satisfied with your catch, meh?
13 hours ago
Trump made Elon the usd440 bil man.
He made Btc usd 104k per piece.
He slapped 100% tariff on china gloves in 2026.
Ya ya,as someone just said...Trump is not important,why worry about him.Lol.
12 hours ago
https://theedgemalaysia.com/node/738002
All in hartalega buy call by cimb rm4.20
12 hours ago
Harta 100,000 units RM 420,000 ..... Supermx 400,000 units RM 420,000..... supermx up to RM 4 = RM 1.6 million ....Do your own mathematics ...
11 hours ago
No Zrenxy
Cimb Research too short sighted
Listen carefully
Harta is only part of a stage two rocket
A rocket to the moon has 3 stages
So there are 3 stages for glove
This year all 3 are flying
China gloves, Malaysian Gloves & Supermax Gloves
Starting next year & 2026 stage one China will be left behind as Donald Trump impose 50% to 100% tariff to discard China
The rocket continues...
Then Stage two rocket will also come off when Usa decides to help Supermax build phase
2, phase 3 & phase 4 glove factories in Texas, Usa
And Topglove, Hartalega, Kossan and other gloves will disengage from the remaining part one of the rocket
By getting rid of "extra" weight" Supermax can finish and complete all its factories - providing essential employment to USA citizens and MAKE AMERICA GREAT again
So be prepared
https://visualframeworks.com/three-stage-rocket/#:~:text=A%20three%2Dstage%20rocket%20uses,to%20accelerate%20the%20upper%20stages.
11 hours ago
Many amongst us want to see that the current Resistance at 1.15 is broken tomorrow.... and surge further in welcoming Trump's inauguration on Jan. 20, 2025.
Next week is Christmas and New Year 2025 on the following week...
11 hours ago
Cimb Maybank already sapu gao gao supermx ...... only ikan bilis still blur blur...
2 hours ago
Stocks are not lottery tickets
behind every stock is a Company
In light of Donald Trump 2nd Reign And upcoming high walk of Tariff against all Nations - Supermax is the one who has made "THE FIRST EARLY MOVE"
AND THIS SEPARATES IT FROM ALL THE REST ALONE APART FOR THE NEXT 4 YEARS
THIS IS ONLY THE NEW BEGINNING
https://youtu.be/nS4su9N-SY4?si=I42c8fPV-G7R805K
1 hour ago
high wall of Tariffs to block out imports into the US
but Supermax is inside
So there is no barrier to profits for Supermax
there is none other like it and no equal from Jan 2025
1 hour ago
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1 hour ago
calvintaneng
SUPERIOR SUPERMAX: A RISING STAR AGAIN DUE TO ITS FIRST MALAYSIAN GLOVE FACTORY ON US SOIL, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-12-17-story-h476637158-SUPERIOR_SUPERMAX_A_RISING_STAR_AGAIN_DUE_TO_ITS_FIRST_MALAYSIAN_GLOVE_F
1 day ago