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Last Price Today's Change   Day's Range   Trading Volume
4.66   -0.22 (4.51%)  4.44 - 4.94  43,759,500
31,877 comment(s). Last comment by joehoong93 at Oct 21, 2020 12:37 PM
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KK
1166 posts

Posted by KK > Sep 25, 2020 7:43 AM | Report Abuse

Comfort (OEM) RM3.82 current capacity 5,4billion, 2021 capacity 5.9billion Current PAT 42.7mil
Ruberex (OEM) RM5.37 current capacity 3billion Current PAT 22.9mil
Careplus (OBM) RM3.15 current capacity 4billion, 2021 capacity 8billion PAT 36.2mil

Why do I think Careplus will have most upside potential?
1) its OBM just like Supermax so it has bigger potential to have bigger PAT in the next quarter.
2) Capacity will be doubled by 2021 , with high margin and increasing ASP can you imagine in 2021 Careplus may even reach RM100mil PAT per quarter!
3) Next QR on October if above RM50mil (which i believe with its OBM model can easily achieved) the share price might go all the way to rm9 thats almost 300% or 3 times the current share price. Assuming you own 100,000 shares of Careplus valued at RM315,000 today. It might grow to as high as RM900,000 next month and even higher next year. Remember how Supermax grow from RM1.60 to RM24.44?


Seek
401 posts

Posted by Seek > Sep 25, 2020 7:51 AM | Report Abuse

KK, thanks for sharing. Careplus sold 50% of their gloves co to ansell?


KK
1166 posts

Posted by KK > Sep 25, 2020 8:32 AM | Report Abuse

Yes sold 50% of its subsidiary to Anseel. Anseel is an Australia based with worldwide establised distribution network and this is why Careplus had recently bought a factory lot for production capacity expansion. The company also purchased a hotel in Seremban to be converted into worker hostel so that they would not end up workers right issue like TopGlove. I think this is a smart move and long term vision to enter Australia, US and western countries market .


TheThird
51 posts

Posted by TheThird > Sep 25, 2020 8:55 AM | Report Abuse

With this political uncertainty, are gloves seen as a safer place to invest?


abcd123
113 posts

Posted by abcd123 > Sep 25, 2020 9:04 AM | Report Abuse

https://www.nst.com.my/world/world/2020/09/627061/france-sees-record-16096-covid-19-cases-24-hours


abcd123
113 posts

Posted by abcd123 > Sep 25, 2020 9:05 AM | Report Abuse

https://www.theedgemarkets.com/article/poland-reports-new-record-daily-increase-coronavirus-cases


abcd123
113 posts

Posted by abcd123 > Sep 25, 2020 9:10 AM | Report Abuse

https://www.theguardian.com/world/live/2020/sep/23/coronavirus-live-news-uk-restrictions-could-last-six-months-as-who-reports-record-weekly-case-high


abcd123
113 posts

Posted by abcd123 > Sep 25, 2020 9:14 AM | Report Abuse

https://www.bbc.com/news/uk-54283980


abcd123
113 posts

Posted by abcd123 > Sep 25, 2020 9:15 AM | Report Abuse

https://www.theguardian.com/world/2020/sep/24/stark-warning-to-us-all-uk-reports-record-number-of-covid-cases


genghis
180 posts

Posted by genghis > Sep 25, 2020 9:17 AM | Report Abuse

engine start


AxeCapital2077
316 posts

Posted by AxeCapital2077 > Sep 25, 2020 9:18 AM | Report Abuse

Actually careplus is good company. Not saying that it’s bad I also own careplus but comfort more since the drop


AxeCapital2077
316 posts

Posted by AxeCapital2077 > Sep 25, 2020 9:20 AM | Report Abuse

Actually all glove companies also will uptrend la


Anaconder
510 posts

Posted by Anaconder > Sep 25, 2020 9:22 AM | Report Abuse

Long term holding easily can go up more than Rm 8 cos of good growth prospect


tahong
297 posts

Posted by tahong > Sep 25, 2020 9:54 AM | Report Abuse

Slowly creeping up


Elitetrader
570 posts

Posted by Elitetrader > Sep 25, 2020 10:01 AM | Report Abuse

Gloves shooting to Mars this time. Already passed the Moon last time.


oilwaterman
747 posts

Posted by oilwaterman > Sep 25, 2020 10:31 AM | Report Abuse

can comfort close at 4.00 today? let’s show the true strength of comfort!


dusti
1946 posts

Posted by dusti > Sep 25, 2020 10:53 AM | Report Abuse

Slowly but surely heading for 7.28. Get on board!!!!


drago_7
194 posts

Posted by drago_7 > Sep 25, 2020 11:05 AM | Report Abuse

Today afternoon big buying


drago_7
194 posts

Posted by drago_7 > Sep 25, 2020 11:05 AM | Report Abuse

WIll close at RM4.90 today


kenny888
387 posts

Posted by kenny888 > Sep 25, 2020 11:10 AM | Report Abuse

drago, u hoping or u buying? haha


DreamWarrior
1209 posts

Posted by DreamWarrior > Sep 25, 2020 11:18 AM | Report Abuse

Just keep on rising


DreamWarrior
1209 posts

Posted by DreamWarrior > Sep 25, 2020 11:19 AM | Report Abuse

Slowly slowly also no problem


tahong
297 posts

Posted by tahong > Sep 25, 2020 11:23 AM | Report Abuse

Covid 19 pandemic will affect all type of business except gloves n glove related . So glove industries r still the super star of Boosa !


dumbdumb123
51 posts

Posted by dumbdumb123 > Sep 25, 2020 11:45 AM | Report Abuse

All glove stocks are good to invest in now. Pandemic is rife. Stay in glove stocks.


kens88
387 posts

Posted by kens88 > Sep 25, 2020 12:01 PM | Report Abuse

Why so fast red wtf


RockerArm
139 posts

Posted by RockerArm > Sep 25, 2020 12:06 PM | Report Abuse

Want to catch kaki contra mah!


loquezila
115 posts

Posted by loquezila > Sep 25, 2020 12:07 PM | Report Abuse

i hope comfort close above 4.100 for today & another green candle on monday. but the possibility it making sideway trend in few more day still strong


nicnic
94 posts

Posted by nicnic > Sep 25, 2020 12:21 PM | Report Abuse

while every glove counters up, only stupid comfort down!
i really feel so upset with this counter, and of coz the whole stupid management in comfort.


genghis
180 posts

Posted by genghis > Sep 25, 2020 12:32 PM | Report Abuse

engine kaput


UnicornP
2259 posts

Posted by UnicornP > Sep 25, 2020 12:34 PM | Report Abuse

Kena trap


Learner One
130 posts

Posted by Learner One > Sep 25, 2020 12:46 PM | Report Abuse

Because most directors sold their share above 4. And no buy back.


Learner One
130 posts

Posted by Learner One > Sep 25, 2020 12:47 PM | Report Abuse

At least rubberex buy back. Thats why above 5


Learner One
130 posts

Posted by Learner One > Sep 25, 2020 12:48 PM | Report Abuse

Director all cabut. Something wrong?


UnicornP
2259 posts

Posted by UnicornP > Sep 25, 2020 12:49 PM | Report Abuse

Nvm la. Next quarter 100m profit.


kens88
387 posts

Posted by kens88 > Sep 25, 2020 1:15 PM | Report Abuse

For some reason lau family choose this time to transfer ownership, causing panic and confusion among shareholders.

Hold strong as fundamental still intact


Learner One
130 posts

Posted by Learner One > Sep 25, 2020 1:53 PM | Report Abuse

Director work 30 years also cannot make this much profit frm selling their share.


nicnic
94 posts

Posted by nicnic > Sep 25, 2020 2:29 PM | Report Abuse

Yaaa....hate this company Director, should hold it, not selling all stakes right.


Baby Shark
3955 posts

Posted by Baby Shark > Sep 25, 2020 2:37 PM | Report Abuse

Usually Friday price up more.. so, Rm4 no problem..


Liquidity
189 posts

Posted by Liquidity > Sep 25, 2020 2:48 PM | Report Abuse

TP RM6.


Parrot
634 posts

Posted by Parrot > Sep 25, 2020 3:39 PM | Report Abuse

@Baby Shark, share market not based on Feeling or Friday's though I concur many times gloves stock rise on Friday's as seen..As long as TG n Supermax CW still hanging expect some pressing though TSL is doing his bit with Institution support..


Parrot
634 posts

Posted by Parrot > Sep 25, 2020 3:40 PM | Report Abuse

October should see some movement hopefully..


TheTitanic
310 posts

Posted by TheTitanic > Sep 25, 2020 3:47 PM | Report Abuse

comfort ceo just call e, he say next week got show


Parrot
634 posts

Posted by Parrot > Sep 25, 2020 3:48 PM | Report Abuse

Yeah next week is October redi..


genghis
180 posts

Posted by genghis > Sep 25, 2020 3:52 PM | Report Abuse

usually the big 4 move up first.2nd liners will need to wait.base on past.maybe next month.


TheTitanic
310 posts

Posted by TheTitanic > Sep 25, 2020 3:53 PM | Report Abuse

im from sabah ,so election alot of bankers and auntie uncle outside attending ceramah, discuss who to vote no time to look at stock market.


dusti
1946 posts

Posted by dusti > Sep 25, 2020 3:56 PM | Report Abuse

Not enough stamina


Baby Shark
3955 posts

Posted by Baby Shark > Sep 25, 2020 4:03 PM | Report Abuse

Can la..


Parrot
634 posts

Posted by Parrot > Sep 25, 2020 4:06 PM | Report Abuse

Boring Day but this movement is good..Not so volatile..Every week 2-3% enuf redi before rocketing..


Parrot
634 posts

Posted by Parrot > Sep 25, 2020 4:07 PM | Report Abuse

I had Comfort being one of my favourites before in small Qty but redi sold all n made small profit..Now I buy small Qty in Supermax, TG n Carepls..


Parrot
634 posts

Posted by Parrot > Sep 25, 2020 4:08 PM | Report Abuse

Comfort abit scary the movement now but a nice counter..

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