Last Price Today's Change   Day's Range   Trading Volume
2.08   +0.16 (8.33%)  1.88 - 2.14  110,350,100
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Market Cap: 1,144 Million
NOSH: 550 Million
Avg Volume (4 weeks):24,934,100
4 Weeks Range:1.24 - 2.14
4 Weeks Price Volatility (%):
52 Weeks Range:0.31 - 5.83
52 Weeks Price Volatility (%):
Average Price Target: 0.56
Price Target Upside/Downside: -1.52

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2020 [#4]  |  19-Feb-2021
Next QR | Est. Ann. Date: 31-Mar-2021  |  05-Jun-2021
T4Q P/E | EY: 9.34  |  10.71%
T4Q DY | Payout %: 1.17%  |  10.94%
T4Q NAPS | P/NAPS: 0.4765  |  4.37
T4Q NP Margin | ROE: 25.75%  |  46.74%


Date Subject
15-Apr-2021 Rubber Glove Exports Malaysia Statistics
10-Apr-2021 套利回吐 7手套股蒸发40亿
06-Apr-2021 卖空压力难消 手套股反弹难持久
09-Mar-2021 GLOVEs buoyed by Top Glove's strong 2Q performance
25-Feb-2021 How low are GLOVEs compared with bullish analysts’ target prices?
24-Feb-2021 GLOVEs in the red as first phase of Malaysia's vaccination programme kicks off today
22-Feb-2021 Selling pressure building up on GLOVEs
22-Feb-2021 Mplus Market Pulse - 22 Feb 2021
22-Feb-2021 PublicInvest Research Headlines - 22 Feb 2021
17-Feb-2021 PublicInvest Research Headlines - 17 Feb 2021
17-Feb-2021 Mplus Market Pulse - 17 Feb 2021- Liquidity driven market
31-Jan-2021 Glove is Bitcoin #Glovestronk!!
25-Jan-2021 Bargain hunting lifts GLOVEs share prices, say analyst, fund manager as situation remains 'volatile'
08-Jan-2021 Traders Brief - Grossly oversold; Building base near 1560-1570 levels
07-Jan-2021 疫情恶化估值诱人 手套股全线上扬
28-Dec-2020 GLOVEs in the red on EU vaccine roll-out
19-Nov-2020 US will require more gloves - Koon Yew Yin
11-Nov-2020 PublicInvest Research Headlines - 11 Nov 2020
11-Nov-2020 Mplus Market Pulse - 11 Nov 2020
29-Oct-2020 [转贴] [Video:浅谈CAREPLUS GROUP BHD, CAREPLS, 0163] - James的股票投资James Share Investing

Business Background

Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company’s product consists of Latex exam gloves, Nitrile exam gloves, and Surgical gloves. Its latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and automotive industry. Surgical gloves are designed specifically for precise medical and surgical applications. The company markets its product under the brand Rubber care and Guardian. Its manufacturing activities are operated only in Malaysia.
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  35 people like this.
air01557 Dark Green
15/04/2021 4:24 PM
Sanatan With this momentum Carepls will easily cross 2.500. Just be patient.
15/04/2021 4:25 PM
mf Singapore
16 new COVID-19 cases in Singapore, all imported
33 minutes ago
15/04/2021 4:25 PM
Sanatan Figures here sadly above 2,000 cases today.
15/04/2021 4:27 PM
xuxu tambah 1.90 lagi harap besok 2.2-2.3 hehe
15/04/2021 4:47 PM
Zero2One FOMO is back
15/04/2021 6:45 PM
Seeyounoup tp back to RM 3
15/04/2021 8:13 PM
paliyahya Esk hopefully hari glove hehe
15/04/2021 8:31 PM
Gordon Weng M.T Up high every Thursday !!!
15/04/2021 10:17 PM
pangolin everyday 20c ..... back to 2.5 soon , thumb up
15/04/2021 10:33 PM
TuaTuaLiap tua huat cai liao!
15/04/2021 10:44 PM
kachan Careplus will limit up up up. Can see last year glove rally non stop.

Buy buy buy before too late or will miss the train.
16/04/2021 6:44 AM
MorningGlory123 Indian hospitals battle ‘chaotic’ surge as daily virus infections cross 200,000


COVID-19 variants inciting India's second surge, epidemiologists say


very serious now, don't underestimate
16/04/2021 8:04 AM
wkkht https://www.youtube.com/watch?v=cK1PwAQ-73Y
16/04/2021 9:15 AM
Seeyounoup buy careplus only. it will soon promote to main board.
16/04/2021 9:18 AM
Hector QR report will release this month end? Glove share seldom up consecutive, hope this time can make it different. Frankly speaking for ACE market, this share done freaking good result since 2020...
16/04/2021 9:40 AM
Apple2353 Gonna limit up today. buy buy buy
16/04/2021 9:48 AM
Stockhunter88 Carepls buat hal lagi
16/04/2021 9:51 AM
xuxu locked half profit first, too hot already
16/04/2021 10:13 AM
strattegist steady green
16/04/2021 11:11 AM
xuxu start profit taking on friday now, sold all and will enter if lower
16/04/2021 11:20 AM
xuxu up so much already from 1.25 to 2.14, the selling power also strong
16/04/2021 11:29 AM
xuxu syndicate got many tickets to throw wait to buy back not now
16/04/2021 11:34 AM
IvanC now is main up wave, at least last until next week. You got no chance to enter lower
16/04/2021 12:11 PM
xuxu no chance just let go, find for other counters
16/04/2021 1:26 PM
BilisMrJ39 Nice 58% profit in less than 2 weeks. Take profit first.
16/04/2021 2:49 PM
BilisMrJ39 Xuxu has good point. If no chance buy back lower just go for other counter. There are so many counters in KLSE
16/04/2021 2:50 PM
BilisMrJ39 Only realised profit is real profit. Paper gain is nothing until you realised it
16/04/2021 2:54 PM
strattegist green
16/04/2021 3:01 PM
maska covid boom
16/04/2021 3:45 PM
SDR245 Price very stable after profit taking
16/04/2021 4:16 PM
Iknow666 Glove rally until next week!!
16/04/2021 4:50 PM
strattegist closed green
16/04/2021 5:31 PM
VenFx May d 2rd liners s joy c'tinue spill over to 3rd liners
to lexus iceream & flexi yaa
16/04/2021 7:29 PM
VenFx K+ always my 1st choice as proxy to glove
as it is the highest in BETA value
Up faster drop also deep deep
truely like it.

$2.25 kom lanne firmed ?
16/04/2021 7:31 PM

Demand Remain Robust

Massive resurgence of Covid 19

Citing the World Health Organization, Bloomberg reported that Europe has surpassed one million deaths from Covid-19 and the situation remains “serious”, with about 1.6 million new cases reported each week in the region. Malaysia also saw the new Covid-19 cases increased further yesterday to breach the 2,000 mark with 2,148 cases. The last time the country registered daily new infections above the 2,000 mark was on March 5 with 2,154 cases.

ASP - Still Strong

However, we do not expect ASP to fall off a cliff despite average lead time being reduced from 300 days in early Jan 2021 to 200 days currently, compared to 20-30 days pre-COVID-19 supported by post-pandemic demand growth averaging 15%-20% per annum. ASP trend is expected to soften next year albeit at a slow pace on the back of still robust demand. Malaysian glove players which commands 68% global market share and have consistently evolve and innovate in terms of capacity, products and plant modernization via automation.

Global demand growth at 15-20% per annum post-COVID-19.

According to the Malaysian Rubber Glove Manufacturers Association, the global shortage of rubber gloves will sustain beyond 1Q 2022 with growth rate averaging between 15% and 20% per annum going forward compared to pre-COVID-19 of 8%-10%.

Heightened Hygiene Awareness

Heightened hygiene awareness extending beyond the healthcare sector. Incremental volume growth is expected from new users of examination rubber gloves including nitrile and latex-based ones.
16/04/2021 8:37 PM
KooSan My Ichimoku showed this is flying lor. And this is the beginning..Can touch 2.30
16/04/2021 9:49 PM
gemfinder When sharks throw, wil kelam kabut later
16/04/2021 10:07 PM
chkhooju You are still around! I thought all naysayers like you have had died a natural death.
16/04/2021 10:21 PM
gemfinder U die i stil hvnt die la. Kakakaka
16/04/2021 11:21 PM
Gordon Weng M.T share buy back proposal is good for price stabilization...
17/04/2021 7:55 AM
pangolin congra for those in go in below 1.3-1.5 , u earn handsome withn short period , mine terbalik , went in 2.4 , still waiting for break even and cabut
17/04/2021 8:37 AM
Burdoc Waiting for bonus split...
17/04/2021 8:56 AM
satt1984 when you buy at 2.4 u should consider to buy more to average down at 1.3-1.5
17/04/2021 1:13 PM
Tantoro Latest news report USA also have India double mutation in several states that will escape from vaccine. so sad but scary
17/04/2021 4:16 PM
Tantoro New cases of 'double mutant' COVID-19 variant detected in U.S. state
12021-04-09 14:29:44CGTNEditor : Zhang MingxinECNS App Download
Special: Battle Against Novel Coronavirus
Five new cases infected with a "double mutant" of COVID-19 variant have been identified in the San Francisco Bay Area, California, CNBC reported on Thursday. The new cases were identified days after the area reported the first such case.

The variant was first detected in India last month. It was dubbed "double mutant" as it carries two mutations of SARS-CoV-2 strains E484Q and L452R.

These mutations are not new. The E484 was also present in the variant that was first detected in South Africa and Brazil. And the L452R mutation was observed in the U.S. and Europe, but the new variant carries both of them. "Something that has not been seen in other variants," the CNBC reported.

It is suspected to be more contagious and reduce the effectiveness of existing vaccines.

"We don't quite know that yet, although these mutations I've talked about have been associated with increased transmissibility," Dr Benjamin Pinsky, medical director of Stanford's clinical virology laboratory, which discovered the new variant in the U.S., said in the ABC7's show "Getting Answers" on Wednesday. "In fact, in India, this new variant accounts for 15 to 20 percent of cases in one particular state."

It also remains unknown whether the vaccines will be less effective against the variant, but researchers have some information on experiments on the individual mutations suggesting that "antibodies will be less able to neutralize" the variant, Pinsky added.
17/04/2021 4:19 PM
danial01 We will share out our view on stock that we look good at. And to those who wish to learn how we analyse a chart, may join our tlgram ch@nnel by search Bull Invests.
17/04/2021 5:50 PM
paliyahya Hopefully will closing 2.5 this Monday
17/04/2021 7:41 PM
Greed_kills @satt1984 you saying it'll go down 1.3-1.5? after BI?
17/04/2021 11:25 PM
gemfinder Tantora, y u so scared? R u 80 years old ahpek goingf to sell salted duck egg???
18/04/2021 12:13 AM

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