KLSE: ESCERAM (0100)       ES CERAMICS TECHNOLOGY BHD ACE : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.35   -0.01 (2.78%)  0.35 - 0.355  85,000
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Ann. Date Ex Date Payment Date Type Subject Amount View
17-Jan-2008 25-Jan-2008 06-Feb-2008 DIVIDEND Interim Dividend RM 0.007 Dividend Detail
29-Sep-2010 11-Oct-2010 13-Oct-2010 RIGHTS_ISSUE Rights Issue 1 : 1 Dividend Detail
06-Sep-2016 22-Sep-2016 21-Oct-2016 DIVIDEND Interim Dividend RM 0.006 Dividend Detail
08-Sep-2017 03-Oct-2017 20-Oct-2017 DIVIDEND Ordinary Dividend RM 0.006 Dividend Detail
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  14 people like this.
invest turtle Result delayed. Not a good sign.
26/07/2017 20:53
2016v QR is released the same day as the Board meets
no such things as delay or late bcause of bad result or good result, early release
27/07/2017 09:06
nikicheong Left 3 more days...when will it be?
27/07/2017 09:18
gutt no good news.
27/07/2017 17:33
Jon Choivo Haha, revenue up, GP down.
27/07/2017 17:52
nikicheong Well, guess I'm stuck with this now. At least main board listing to look forward to.
27/07/2017 17:59
27/07/2017 18:03
deepseafisherman GG!
Push up before results announcement, tomorrow heavy sell down......
27/07/2017 18:38
invest turtle Hahaha... tmr limit down
27/07/2017 18:41
invest turtle Waiting at 0.30
27/07/2017 18:42
Jon Choivo Wait, isnt the profit actually up? Theres a 1 million gain in forex.
27/07/2017 18:48
Jon Choivo Including OCI, this quarter was better than the last, and 2017 earned more than 2016 no?
27/07/2017 18:50
deepseafisherman Market will compare with last year same quarter and last quarter, higher operating cost dragged it performance and it EPS dropped significantly....

Tomorrow will know....

I guess tomorrow is big sales for ESCERAMIC
27/07/2017 19:02
Rica7894 But the group’s still in net cash position of RM23.62mn or 11.2sen/share and RM5.59mn cash flow from operation as at FY17. I believe Es Ceramics is a good stock to consider for long-term investment.
27/07/2017 20:10
deepseafisherman I agreed with you ESCERAMIC is good counter and with net cash position, but market looking at growth.....expect some short term pain
27/07/2017 21:30
4444 EPS 0.6X4=2.4 sen. PE 10 TP 24 sen?
27/07/2017 21:36
vxpoison I think the drop has been factor in since last year July until now as they already foreseen 2017 is not as good as 2016, the chart is on a down trend for a year already. As i said earlier, Q4 is not something loud but we should look forward to the coming year & considering entering Esceram once bottom is found.
27/07/2017 21:59
nikicheong I'm also positive for the company long-term, but now brace yourself for ~RM0.35.

Some positives:

1) Considerably higher CAPEX than in previous quarters. Might pay off in the near future if this is further automation

2) Book value is growing at a good pace. YoY B/V has grown from RM0.2075 to RM0.2439. This is a 17.5% growth, which is admirable

3) Mainboard listing will likely happen now that ESC has met the profitability criteria
27/07/2017 22:06
2016v Overall results is still ok, total turnover increased 11% though profit down
Continuity of plant expansion and transfer to main board, the stock is still good
the management expect favourable performance in coming financial year too
28/07/2017 08:12
Rica7894 The group has shown improvement in cost management, a stronger balance sheet with a growing cash pile, and solid financial track record led by a prudent management team.
28/07/2017 08:59
dizzyshin Expect a drop but I see this as chance for average down. Gloves prices is steadily going up, more than 15% for the past 3 years, I'm a clinician and I buy large amount of gloves. Higher revenue posted but lower profit due to costing issue is not as bad as no sales, cost eventually have to transfer to end user. Other hand former company will have to increase their price also if the material cost keep going up. I also charge my patient more when my material price increases, no choice. Long term investor should see this as a chance for bottom fishing . Transferring to main board is another good news, so I remain positive on the future of this company in the long term.
28/07/2017 09:02
fullcreammilk @nikicheong "1) Considerably higher CAPEX than in previous quarters. Might pay off in the near future if this is further automation "

-- I asked the ED, Mr Wong, and he confirmed that the increased expenses in purchases of plant, property & equipment is for automation purposes.
28/07/2017 09:03
gutt run away lo. fast sell.
28/07/2017 09:21
dizzyshin @fillcreammilk how do u ask the ED? He will reply question from outsider so easily ?
28/07/2017 09:29
nikicheong Yeah ED has also confirmed that there will be no main board transfer due to cost considerations.

He will only answer if you are a shareholder obviously. I have contacted him a few times since March.
28/07/2017 09:36
dizzyshin @nikicheong u just mentioned that main board transfer is likely after meeting the criteria but now u say it's not happening ? Transfer of to main board will have a lot extra cost ? Pls enlighten me, I always thought is a good move to transfer.
28/07/2017 10:12
nikicheong I think ES Ceramics is happy where they are, and may not feel that the costs justify the transfer just yet. Maybe they want to wait to get bigger, or maybe they foresee further short-term challenges that might "diminish" their main board listing.

All I can say is, the ED replied to me last night that after the board deliberated on the matter, they decided not to proceed with the transfer listing for the moment due to cost considerations.
28/07/2017 10:41
2016v no need to speculate lar
still early to apply for main board if there is a plan as the accounts is not audited yet
yes, transfer to main board incur costs i.e bankers, due d .....etc but there is opportunity to tap wider capital funds...
can meet the management during agm in 3 months time
the picture will be clearer by then
good time to pick up more shares at current price if prospects is good
28/07/2017 10:43
fullcreammilk The ED, Mr Wong, has been replying to my emails very promptly and professionally in the past few years. That he is willing to respond to shareholder's enquiries is one reason I invest in this company.

I don't think we can find much fault or things to complain about ESCeramics' balance sheet. The management also seems fair and pragmatic, based on my observation during AGM and how they allocate funds.

My main concern is whether its automation can really translate into better profit margins and sales. This...is very difficult to determine, no?
28/07/2017 11:06
2016v @fullcreammilk, for a busy CEO to response to you in email is rare, unless you are holding substantial shares.
28/07/2017 11:48
vxpoison U must be 1 of the top 30 share holder for the ED to reply u...
28/07/2017 12:02
2016v true

vxpoison U must be 1 of the top 30 share holder for the ED to reply u...

28/07/2017 12:02
28/07/2017 14:22
nikicheong ED will reply, no matter how small or big, as long as you are a shareholder.

In fact you will be surprised how accomodating IR of small/mid caps are. I have gotten replies and clarifications not in the public domain by getting in touch with the IR of Bumi Armada, Ikhmas Jaya and Parkson. ES Ceramics is the only one where the ED replies, possibly because it is a smaller company.
28/07/2017 15:44
nikicheong As a shareholder, you are a business owner. As long as your questions and enquiries are within reason, they warrant a response.
28/07/2017 15:44
2016v all these while, I hve been dealing with the part time IR of ES Ceram, and gotten 3/4 type of replies
next time, I might as well deal with the ED, hahaha
28/07/2017 16:01
dizzyshin who are esceram's main competitor? are they listed? cant seem to find much info on this
31/07/2017 17:12
vxpoison Something is brewing...
02/08/2017 11:47
nikicheong Nothing brewing, people just getting in on good valuations.
02/08/2017 11:58
gutt just few days of dropping. now naik abit.
02/08/2017 13:04
vxpoison Good time to average down liao...
02/08/2017 13:30
2016v strong support around 37
haha, better start brewing yr coffee and sit out the downtime period
02/08/2017 15:09
4444 Why not wait below 30 sen like Careplus last year? Latest QR is worst ever still too high buying now.
03/08/2017 21:42
vxpoison Careplus & Esceram has totally different fundamental value. How can we compared an apple with an orange?
03/08/2017 22:14
micsoh Just look at the below figure:

31/5. PBT. 907420
PAT. 1270739

Until 28/2 the net cash for operating flow in is 3951859, for until 31/5 is 5597236, so the different of cash flow for the latest quarter alone is 1645377, more than the PAT amount which included the foreign exchange gain, just imagine when the operating cost is under control, this share will surely fly like crazy.it what we call the cash caw.
06/08/2017 20:37
micsoh Don't worry, the revenue still in the uptrend.
06/08/2017 20:45
nikicheong This is a cash cow for sure. Starting to look attractive once more. Top line was good in the recent results, but just opex ate into bottom line.
08/08/2017 12:23
Ah Kow, Ali dan Muthu 为何跌不停?
08/08/2017 17:42
grateful_ 25 sen pls.
13/08/2017 21:54
perak101 Many people got trap.
15/08/2017 15:30
nikicheong Esceram might be able to claim one-off tax credits for modernizing their PPE from 2015-2017 under this new gazette.

02/09/2017 14:55


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