SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.675

Today's Change

+0.005 (0.75%)

Day's Change

0.655 - 0.695

Trading Volume

10,013,300

Overview

Market Cap

1,836 Million

NOSH

2,721 Million

Avg Volume (4 weeks)

8,452,742

4 Weeks Range

0.64 - 0.775

4 Weeks Price Volatility (%)

25.93%

52 Weeks Range

0.64 - 2.39

52 Weeks Price Volatility (%)

2.00%

Previous Close

0.675

Open

0.66

Bid

0.675 x 177,500

Ask

0.68 x 182,700

Day's Range

0.655 - 0.695

Trading Volume

10,013,300

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2022 [#4] | 22-Aug-2022

Next QR | Est. Ann. Date

30-Sep-2022 | 19-Nov-2022

T4Q P/E | EY

2.51 | 39.88%

T4Q DY | Payout %

15.69% | 39.35%

T4Q NAPS | P/NAPS

1.77 | 0.38

T4Q NP Margin | ROE

28.69% | 15.22%

Company Profile

Sector: HEALTH CARE

Sector: HEALTH CARE

Subsector: HEALTH CARE EQUIPMENT & SERVICES

Subsector: HEALTH CARE EQUIPMENT & SERVICES

Description:

Supermax Corp Bhd is an investment holding company. The company is an international manufacturer, distributor, and marketer of high-quality medical gloves. It offers various types of latex gloves, which are exported to over 155 countries around the world. The company is organized into the following operating segments, Investment Holding, Manufacturing of Gloves, Trading of Gloves and Others. It has operational footprints across America and Canada, Europe and Asia. The company's largest end market by revenue is the America.

Discussions
97 people like this. Showing 50 of 221,292 comments

firehawk

Foreign funds snap seven straight weeks of net inflow into Malaysian equities
https://www.theedgemarkets.com/article/foreign-funds-snap-seven-straight-weeks-net-inflow-malaysian-equities

1 week ago

jungleboy

is privatisation on the mind?

1 week ago

bullmarket1628

Sailang all my belongings till underwear to buy in Supermx at @0.70

Heng ah, Ong ah, Huat ah !

1 week ago

NatsukoMishima

https://www.orientaldaily.com.my/news/international/2022/09/19/513283

USA officially declare pandemic is over is end already ! No need rush to buy gloves now !

1 week ago

NatsukoMishima

Bad qr + USA declaration of the end of pandemic = malaysia glove stock going to sleep for atleast 20 years !

1 week ago

yangkwang99

Heading towards 50cents!

1 week ago

NatsukoMishima

US plant confirm net loss due wage inflation !

1 week ago

Investor126

The more you buy, the louder you cry.
No chance to run anymore. Those who enter, despite after being warned will just follow the journey to the south. Market is cruel. Good sentiment will not see gloves rebound anymore.

1 week ago

NatsukoMishima

With CHINA Challenge , there will be no growth for malaysia glove anymore , no growth dont buy because lesser n lesser dividen , lower n lower share price , this is the most important point to consider before buying a stock !

1 week ago

nuilam hali

Covid-19 pandemic is over in the US - Joe Biden

1 week ago

Ryan83

Supermax US glove plants will be net loss making as very high production costs due to increasing wages and energy costs

1 week ago

Investor126

0.69, someone should either question him/herself why should the buy or the what is going wrong with this counter. Even at a discount of 15% from current price, still I will think twice before entering.

1 week ago

hng33

bought supermax at 69.5-70sen

1 week ago

hng33

Among all glove stock, supermax balance sheet is strongest. Net cash holding is higher than market capitalisation allow supermax to continue reward dividend to shareholders.

Supermax aldy propsed 3 sen final dividend to be declared next month.

ASP alrdy reached bottom based on topglove latest result. ASP to gradually increase 5% start next month

Dividend yield of mote than 10% now shpuld cushion any further downside risk.

1 week ago

hng33

Supermax US glove plants is next key earnings driver as US healthcare policy to gradually self sufficient on healthcare product including glove and mask. Policy to souce local US producr glove and mask to be based on contractual local produce healthcare product.

Alike other industries like semiconductor, US policy now emphasized on self supply by attract direct investment in US, souce on US produce product.

Large new semiconductor plant set up in US also increase glove and mask demand in US

1 week ago

hng33

Added second batch supermax at 68.5sen

1 week ago

myinvestor


In fact Biden govt is spending more healthcare products after pandemic over annoucement

Much of the huge price tag for Biden's pandemic plan would help people who are financially struggling because of COVID-19, offering $1400 checks, rent and food assistance, and expanded health care and unemployment benefits. But Biden also wants Congress to allocate $400 billion of the money to bolster the pandemic response, with $160 billion of that going toward mounting "a national vaccination program," expanding diagnostic testing for COVID-19, and hiring 100,000 new community health workers—nearly tripling the 59,000 now doing the work. They would promote vaccination and trace contacts of newly infected people, but they are also intended to become a permanent fixture in the U.S. public health infrastructure.
https://www.science.org/content/article/biden-proposed-science-led-new-deal-end-pandemic-suffering

1 week ago

thesteward

If must hv gloves in portfolio then really supermx is the better choice

1 week ago

bullmarket1628

Top up more Supermx at @0.68

Heng ah, Ong ah, Huat ah !

1 week ago

skyjet

Post removed.Why?

1 week ago

Santiago

this topglove is causing all glove counters suffer now!

1 week ago

NatsukoMishima

Superman will be next net loss glove company due US plant skyrocket cost !

1 week ago

Investoz88

From news report about Top Glove..
In October, Top Glove hiked its selling price by 5 per cent. We need an initiator to start raising prices, he added, noting that other players might follow suit and increase prices as well. He added that the company did face some resistance from its customers after the price increase.
For now, Top Glove does not have plan to raise funds from markets, said managing director Lim. He noted that the group also has banking facilities that it can draw on if there is a need .

A company spokesperson told The Business Times that the company upward price revision, declining raw material prices and a stronger US dollar will help the group return to profitability. ASPs are bottoming out, and there should be no need for further writedowns if the price continues to stabilise. Hence, we should see an improvement next quarter the spokesperson added.

Supermax and the other gloves companies MUST increase ASP to reverse the down trend.. Period.

1 week ago

Investor126

Yayaya.. Keep your own bs together with Stanley. If really so good, why is the price keep moving down?
You are assuming too much. Your pocket is burning into a bigger hole at the end.

1 week ago

DestinyL

Wow, thats something new. Mind sharing any source where it shows there is company willing to pay USD100 gloves rather than USD20?

1 week ago

joyvest

Since it has made loss,it can justify not to pay dividend despite it is said to have tons of cash flows from the interests earned from FD.....

1 week ago

Youngkid

Kaki speculator sudah mari loh!

1 week ago

Easyguy

No wonder share dropped

1 week ago

Anaconder

Rm 10, 6, 3, 2 n now 67 sen, dare not buy kah?

1 week ago

tahong

Better wait for next F/R. to see whether the company is making or losing.

1 week ago

Timercheng

Ya loh! look at Top glove ,report losing making , share plunged !

1 week ago

thesteward

Supermax at least their SBB is at much better prices than tg. Also their cash position . If need to hv gloves in portfolio definitely would choose supermax.

1 week ago

bullmarket1628

Top up more Supermx at @0.67

Heng ah, Ong ah, Huat ah !

1 week ago

joyvest

share buyback has been announced and it is in action to curb further avalanche and incessant bleeding , utitlising internal funds as a result of which dividend payment is expected to be squeezed if not NIL dividend in the interim.

1 week ago

Investor126

Why? Stanley pulls handbrake do not want to SBB anymore but sent his machai to pull more retailer?

1 week ago

Havefun

Even AirAsia share price is 60+. I think bottom for supermax is near….

1 week ago

alenac


Glove theme suffers from burnt out. Similar to OnG last 10 years, slow drop like Armada, who can expect from sky high price drop to below 20 sen.
Havefun
Even AirAsia share price is 60+. I think bottom for supermax is near….

12 hours ago

1 week ago

Investoz88

Top glove started to increase ASP5%.
All the glove companies just need to announce one by one that they increase ASP. Distributors will start to panic and restock again..
The higher price can be reasonably passed to consumers as inflation is real. Just check around.....

1 week ago

idunwork

Good price now but the rebounce might take long time

1 week ago

Ron90

no more selling pressure? volume very low today

1 week ago

thesteward

For gloves , at current point looking at the cash positions etc n the fact they did share buy back at more prudent prices compare to the other one . Supermax I believe is better choice than tg

4 days ago

bullmarket1628

Top up more Supermx at @0.66

Heng ah, Ong ah, Huat ah !

4 days ago

Investor126

Punters who bet on this, be prepared to lose your pants. As I have said it earlier, no way up but will only keep going down. I will come back only after it reaches 0.50.

3 days ago

bullmarket1628

Top up more Supermx at @0.64

Heng ah, Ong ah, Huat ah !

3 days ago

NatsukoMishima

Wow,if US cancel China glove tariff after nov then china glove may sell at lowest asp USD 12 - 15 , that time malaysia glove may left only 25 - 30 % world market ! The person who buy harta n laugh at tg will definitely feel the bitter taste soon , harta will become penny stock also !

3 days ago

NatsukoMishima

If JPM come out report say sell call now , i think atleast 40 % more drop for big 4 esp harta !

3 days ago

jacklimeu2

Wow...been away 2 months....really back to pre pandemic price! Was 1.30 when Covid strike ....65sen after the share split....

2 days ago

hng33

sold back supermax at 69sen.

1 day ago

HK_Management

I don't really understand why so many people sell on dip, JP Morgan, Citigroup, etc now hunting those company asset which oversold on the share price to call buy and wait profit on currency exchange rate

1 day ago

Investor126

Why hold something that do not bear fruit, but rotten soon?
Supermax's glory has long gone. Had turned to a rotten apple for so long.

1 day ago

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