SUPERMAX CORPORATION BHD

KLSE (MYR): SUPERMX (7106)

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Last Price

0.85

Today's Change

+0.005 (0.59%)

Day's Change

0.85 - 0.85

Trading Volume

90,700

Overview

Market Cap

2,313 Million

NOSH

2,721 Million

Avg Volume (4 weeks)

11,407,442

4 Weeks Range

0.785 - 1.00

4 Weeks Price Volatility (%)

30.23%

52 Weeks Range

0.77 - 1.09

52 Weeks Price Volatility (%)

25.00%

Previous Close

0.845

Open

0.85

Bid

0.85 x 14,300

Ask

0.855 x 152,800

Day's Range

0.85 - 0.85

Trading Volume

90,700

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2024 [#4] | 28-Aug-2024

Next QR | Est. Ann. Date

30-Sep-2024 | 29-Nov-2024

T4Q P/E | EY

-13.21 | -7.57%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

1.66 | 0.51

T4Q NP Margin | ROE

-28.33% | -3.89%

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
99 people like this. Showing 50 of 222,651 comments

dompeilee

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!

3 weeks ago

bullrun168

Walaoeh, what happend ?
Super damn hot man Supermx today !
Now Supermx was traded at @RM1.00 (+0.21) (+26.6 %)
Heng ah, Ong ah, Huat ah !

3 weeks ago

Bursino

compliments from the US import policy, imposed 50% tax levy in 2025 on China’s medical gloves

3 weeks ago

myinvestor

Maxter Healthcare Inc.
Today, we celebrate the pivotal decision by the USTR to impose tariffs on Chinese medical glove imports (50% in 2025 and to 100% in 2026), marking a significant step towards enhancing our nation's security, PPE supply chain resiliency, and supporting our domestic PPE manufacturing sector.

This move is not just about economics; it's about safeguarding our healthcare system, ensuring that in times of crisis, our nation is not vulnerable to foreign supply chains' dynamics. By fostering a robust domestic medical glove manufacturing industry, we're not only creating jobs, but also securing the health of every American.

Maxter Healthcare has been passionate in our continued advocacy surrounding this topic, through our active participation with the American Medical Manufacturers Association (AMMA), of which we are a proud board member.

Why This Matters:

National Security: Reducing reliance on foreign supplies, especially in critical healthcare sectors is a matter of national security. Our healthcare workers deserve a steady supply of essential equipment, no matter the global situation.

Economic Growth: This decision boosts our PPE manufacturing sector, encouraging investment and innovation here in the USA.

Supply Chain Resiliency: By diversifying our supply chain portfolio, we're contributing to a more resilient economy. This resilience is crucial for any future challenges, ensuring that our nation's critical need for PPE is never caught off-guard again.

Supporting Local: Every glove manufactured in the US means more jobs, more tax revenue, and more economic activity that stays within our borders, directly benefiting our communities.

Let's applaud this move together as we stride towards a brighter future

3 weeks ago

Bull13

BUY MADE IN U.S.A. GLOVES!!

3 weeks ago

SWIN88

Let break 1.00

3 weeks ago

klee

Perfect timing Supermx.

3 weeks ago

klee

No wonder co has sbb aggressively.
Yup RM1 n above tmr

3 weeks ago

5231428

Tomorrow limit up for sure.

3 weeks ago

Bull13

If tomorrow EU & Canada follow US tariff move on gloves, ALL will limit up!!

3 weeks ago

pang72

Only the boss can see the company future with activated so many SBB in cheap price

3 weeks ago

pang72

Bull13

If tomorrow EU & Canada follow US tariff move on gloves, ALL will limit up!!

11 minutes ago

WOW! MACAM ADA POSSIBLE

3 weeks ago

5231428

Good news for sure as Supermax will start glove production in the USA.

3 weeks ago

Sweetchocalates

Lol this mgmt smart. Release news at the right time. 2molo huat. My only regret i didnt sapu the last batch of lots to add more

3 weeks ago

Alistino G

Hopefully, it breaks 0.955 Resistance tomorrow and heading towards 1.08. At 63%, it is not at extreme overbought position so, we can expect some buying...

3 weeks ago

SWIN88

All the way to 1.00

3 weeks ago

Income

Apa Macam?

3 weeks ago

Income

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

3 weeks ago

Income

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.

3 weeks ago

dompeilee

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!

3 weeks ago

James Ng

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

3 weeks ago

WDCQ_I_am_legend

Post removed.Why?

3 weeks ago

Michael Lee

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.

2 weeks ago

wbwanabe

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.

2 weeks ago

Adrian Tan

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!

2 weeks ago

Mini2021

Adrian Tan: Shameful on you... Supermx will reach RM 5 within 18 months....mark my word.

2 weeks ago

mf

Dow Jones

Dow Jones Industrial Average

41,891.12

-317.10

0.75%

Nasdaq

NASDAQ Composite

18,058.43

-16.08

0.08%

2 weeks ago

Adrian Tan

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?

2 weeks ago

hng33

bought supermax at 83.5sen

2 weeks ago

Alistino G

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:

2 weeks ago

Adrian Tan

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!

1 week ago

Adrian Tan

Sorry, instill confidence, not install confidence & we desperately need that.

1 week ago

Mini2021

You come back another 6 months ...no need to grandmother story...

1 week ago

Adrian Tan

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.

1 week ago

ScotFree

No worry lah. SUPERMAX is now in investment mode, building capacity..down time build, up time reap

1 week ago

Alistino G

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.

1 week ago

Alistino G

Today, I managed to buy some more.

1 week ago

EngineeringProfit

Glove party approaching ke??

1 week ago

Alistino G

EngineeringProfit,
Yup, don't miss the opportunity.

1 week ago

newbie9893

look likes glove counters going to shoot up to the moob soon lead by Harta...buy...........

1 week ago

blackmamba87

All the price target says Supermx to be at RM1. But no harapan also..

3 days ago

Adrian Tan

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?

3 days ago

Alistino G

RSI 46%, can start loading. Next Resistance is 0.955

22 hours ago

bose00

Good news!

22 hours ago

Gaussian

Limit up lol

12 hours ago

Alistino G

Last week, I managed to get some. Today, I queued but didn't manage to close. See tomorrow, any luck.

11 hours ago

Alistino G

Gaussian, not so far la, okay.

11 hours ago

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