SUPERMAX CORPORATION BHD
KLSE (MYR): SUPERMX (7106)
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Last Price
0.81
Today's Change
-0.005 (0.61%)
Day's Change
0.805 - 0.815
Trading Volume
3,663,300
News and Blogs
Discussions
99 people like this. Showing 50 of 222,669 comments
Posted by dompeilee > Sep 17, 2024 9:18 AM | Report Abuse
Felt so foolish averaging down on Supermax @ just below 90c to exceed 30,000 shares for the 1st time ever last mth...don't feel so silly 2day!
？
The only i3 person never lose。Wow，Fanta stic
1 month ago
Posted by dompeilee > Sep 17, 2024 9:18 AM | Report Abuse
Felt so foolish averaging down on Supermax @ just below 90c to exceed 30,000 shares for the 1st time ever last mth...don't feel so silly 2day!
？
Her maths is very good laa.
1 month ago
3-day correction or more is lovely! Gives me a chance to build up gradually to 50,000 shares b4 the tariffs kick in & the US plant begins to bring in the earnings!
1 month ago
美国上调中国手套关税50%，case study: SUPERMAX CORPORATION - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2024-09-18-story-h469214516
1 month ago
Republican U.S. Senator Marco Rubio on Thursday proposed barring Chinese manufacturers from evading tariffs by setting up factories in other countries like Mexico, Vietnam or Malaysia.
Rubio accused Chinese manufacturers of shifting production to other countries that face lower U.S. tariffs, saying it allowed them "to evade tariffs and flood the U.S. market with cheap goods." A House committee raised concerns last week about a Chinese auto parts firm that may have sought to evade tariffs.
1 month ago
The Americans knew China has been using back doors to enter their goods into US. It’s a matter of time they will only buy made in USA. So Smax is indeed in the lead positions amongst the big four manufacturers in Msia once they start their US productions. At current price of 0.90 it’s the best time to accumulate.
1 month ago
Supermax is trading at about half book value, way lower compared to Kossan, Hartalega & Top glove. Share price is a measure of profitability and it therefore seems to indicate supermax management can’t work on its assets to generate as much profits as the other 3 companies. Or perhaps the other 3 companies have good Investor Relations managers who can tell convincing stories about themselves. What happened to Supermax’s? Its management can’t even put up a decent website! Shameful for a billion RM company!
1 month ago
Adrian Tan: Shameful on you... Supermx will reach RM 5 within 18 months....mark my word.
1 month ago
Dow Jones
Dow Jones Industrial Average
41,891.12
-317.10
0.75%
Nasdaq
NASDAQ Composite
18,058.43
-16.08
0.08%
4 weeks ago
Mini2021, I will be very happy if supermax can even reach RM2! I am upset that it’s not moving as fast as the other 3 big glove companies & shareholders, especially institutional should pressure the management to do something about it. For a start they should revamp their website to project itself as a progressive company not one that reflects badly on its management. Now tell me, is it not shameful?
4 weeks ago
The company is buying back the shares and again recently on 23Sep.2024
7106 SUPERMX SUPERMAX CORPORATION BHD
Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016
Date of Buy Back : 10/09/2024
No. of Shares Purchased : 1,223,500 shares
Minimum Price Paid For Each Share Purchased : RM 0.800
Maximum Price Paid For Each Share Purchased : RM 0.800
Total Amount Paid For Shares Purchased : RM 983,009.04
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 1,223,500 shares
Total No. of Shares Retained in Treasury : 170,000,000 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 23/09/2024
Lodged By : Boardroom.com Sdn Bhd
Remarks:
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
Submitted By:
4 weeks ago
The 2 continuing articles in The Edge suggested that telling good stories about themselves, pushed Nvidia & Tesla’s valuations up a lot higher than their underlying earnings. Why isn’t Supermax IR doing something, anything a little like this? First place of reference for anyone is naturally their website but its current state is just terrible and doesn’t install much confidence. Can the CEO of supermax please revamp it quickly!
3 weeks ago
Sorry, instill confidence, not install confidence & we desperately need that.
3 weeks ago
We need all minority shareholders to push Supermax management to up its game in projecting the company adequately, perhaps learn from Kossan, Hartalega or Topglove. Its shares should not be trading at half its book value when these 3 in the same industry are more than 1 & half time.
3 weeks ago
No worry lah. SUPERMAX is now in investment mode, building capacity..down time build, up time reap
3 weeks ago
There's no need to worry (go for holiday for a month or two) and let the stock move up gradually to it's next resistance at 0.955 which is quite far. RSI is at 54% indicates it's neutral position. This is a good time to accumulate to each individual capacity and tolerance.
3 weeks ago
look likes glove counters going to shoot up to the moob soon lead by Harta...buy...........
3 weeks ago
Supermax share price is going the opposite direction of the industry. It must be the market reflection of what it thinks of its management. Why is it not projecting anything positive about supermax? Wonder if they even talk to analysts regularly. Wonder when they are going to revamp their disgracefully outdated website. Where the hell is its Investor Relation manager?
2 weeks ago
Last week, I managed to get some. Today, I queued but didn't manage to close. See tomorrow, any luck.
2 weeks ago
Gaussian,
be patient, man man lai...
Time to accumulate dan tunggu.
https://theedgemalaysia.com/node/726994
2 weeks ago
Gaussian, I really really hope Supermax can be nearer Kossan’s price to recover losses for some & make a little more profit for some but what we small time shareholders should really really hope for is its management to arise from their slumber to tell the company’s story to give everyone the good feel. They should really start by trashing its shamefully outdated & uninspiring website! Perhaps if the sensible Thai daughter oversees the management, it’ll do much good for minority shareholders.
1 week ago
On Friday, traders showed some enthusiasm in buying , with RSI reaching 48.4%; still a good level to accumulate before Texas factory starts it's operation in Jan.2025. Hopefully, on Monday, this positive trend and yet moderate buying continues to touch 0.955 which is a 9% improvement. The management is not in slumber but could only allows the market to decide its movements.
1 week ago
Everyone should go to www.supermax.com.my to see how outdated the website is. Latest news posted was 14 Apr 2023, latest photo in Photo Gallery is 16 July 2012. Does not give very good impression on com. Alamak, pay lah some money to make it look good & impressive, not management on sleep mode. How can we hope for pension fund of Norway to be interested like that?
1 week ago
Price has softened a little and yet buying was very conservative. Good opportunity for
medium term investors. Personally, I have accumulated for quite bit; with extra money, I would certainly continue to buy.
1 week ago
Now, we see some strength in the buying, it (RSI) has moved above the 50 centerline mark to 55,4. Positive indication that buying is gradual means the presence of mid-term investors.
1 week ago
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1 hour ago
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