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GLOVE maker Supermax Corp Bhd may have gotten its “mojo” back. After nearly two years in downtrend, halving in value, the stock has charged by almost 44% in the last four months. This was despite the volatility and uncertainties in the local bourse year-to-date.
PETALING JAYA: Supermax Corp Bhd has been granted a product licence to export the first Malaysian brand of contact lenses to Japan.
PETALING JAYA: Supermax Corp Bhd’s ambitious capacity expansion plans portend favourable growth prospects for the next two years, according to analysts.
KUALA LUMPUR: Supermax Corp Bhd CEO Datuk Seri Stanley Thai was charged at the Sessions Court here with insider trading related to Supermax’s former associate APL Industries Bhd (APLI).
KUALA LUMPUR: Glovemaker Supermax Corp’s earnings growth is expected to be mainly driven by a projected 35% increase in its glove production by the end of financial year 2020, said CIMB Research.
AT a time when the rubber glove industry is expanding with demand still outstripping supply, Supermax Corp Bhd’s move to diversify into another unrelated industry to manufacture contact lenses appears to be quite unconventional.
KUALA LUMPUR: Glove maker Supermax Corp Bhd is set to “grow strongly” next year as it expands distribution of its own brand manufacturing (OBM) products in India, China and Japan, said executive chairman and group managing director Datuk Seri Stanley Thai (pic).
KUALA LUMPUR: Shares of Supermax Corporation rose to a high of RM2.06 on Friday despite its lacklustre financial results, which prompted Affin Investment Research to reduce the glove maker from "Buy" to "Add".
KUALA LUMPUR: CIMB Equities Research views glove maker Supermax as undervalued and is retaining its target price of RM2.90, which is 24.3% above the last traded price of RM2.33.
PETALING JAYA: Value has emerged in Supermax Corp Bhd, according to RHB Research Institute as it upgraded its call on the glovemaker to “buy”.