Supermax Corp Bhd Share Price

The share price of Supermax fell as much as 25 sen or 125 to a 17-month low of RM2. MIDF Amanah Investment Bank Bhd Research MIDF Research has downgraded Supermax Corp Bhd to a Trading sell recommendation from a Neutral as the company is estimated to face substantial impact from the US customs import ban.

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HOLD Price Target.

Supermax corp bhd share price. It was the eighth top loser on Bursa Malaysia and the most actively traded stock on. At 1230pm Supermax shares were trading 10 sen or 493 lower at RM193 a share on the back of 133 million units traded. Get todays Supermax Corporation Bhd stock price and latest SUPM news as well as Supermax Corp real-time stock quotes technical analysis full financials and more.

Investment Holding Manufacturing of Gloves Trading of Gloves and Others. At 310pm the counter had pared some losses at RM202 still down 23 sen or 1022. Shares in Supermax Corp Bhd slipped below the RM2 mark for the first time since May 2020 as investors weighed in the recent US import ban on its glove products.

Currently supermax EPS is 25 cents and share price is 173. Shares in Supermax Corp Bhd slipped below the RM2 mark for the first time since May 2020 as investors weighed in the recent US import ban on its glove productsThe counter fell as much as 11 sen or 542 to RM192 in early trade on Monday Oct 25At 1035am it had pared some losses at RM195 still down eight sen or 394The last time the stock slipped below RM2. The stock has lost over 14.

Dianatrader Kenanga still ask to hold despite the downtrend Supermax Corporation - 1QFY22 Above But Headwinds Ahead Source. Shares of Supermax reversed early losses of as much as 38 to end the day at a one-week high mirroring the gains in its rivals. At 1035am it had pared some losses at RM195 still down eight sen or 394.

195 Last Price. KUALA LUMPUR Oct 25. KENANGA Price Call.

Despite Mondays gains the key Malaysian glove makers such as. Engages in manufacturing distributing and marketing medical devices namely medical gloves and contact lenses. The counter fell as much as 11 sen or 542 to RM192 in early trade on Monday Oct 25.

It also manufactures nitrile latex and natural rubber gloves. If the asp increase to USD 50 or USD 60 this will equivalent to production volume 22. The research house has also revised down the target price to RM167 from RM272 per share previously.

The firm operates through the following segments. CGS-CIMB Equities Research has lowered the earnings outlook for Supermax Corporation Bhd and slashed the target price to RM216 from RM320 after the US Customs and Border Protection. The dropped in asp will not affect the big four glove manufacturer as the decrease in prices will be compensated by increase in volume.

Shares in Supermax Corp Bhd slipped below the RM2 mark for the first time since May 2020 as investors weighed in the recent US import ban on its glove products. Supermax share price falls below RM2 for first time since May 2020 following US import ban TheEdge Mon Oct 25 2021 1111am - 4 weeks View Original KUALA LUMPUR Oct 25.

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