NOW SHOWING: The Trilogy of FAST & FURIOUS Shows, 

PART 6

1 RUBBER GLOVE STOCK /CAREPLUS GROUP BHD.(0163)

+1 TWIN

       ESCERAM (0100) ES CERAMICS TECHNOLOGY BHD

        TEXCHEM RESOURCES BHD (8702)

WHO announces COVID-19 outbreak a pandemic

 

As World Health Organization (WHO) announced Covid-19 outbreak as a pandemic, glove stocks naturally became attractive to KLSE investors.

Followed by healthcare related equipments such as face masks, PPE, hospital beds and inter-related medical equipments and finally the most offensive product is 

 

1 RUBBER GLOVE STOCK /CAREPLUS GROUP BHD.(0163)

 

IN SHORT, 1 PICTURE SAYS A THOUSAND WORDS,

1 VIDEO SCENE SAYS ALL THE POSITIVE WORDS

https://youtu.be/66UMu6ZkMXY

 

 

https://youtu.be/A9PMs_N33fU 

PLEASE SEE THE ABOVE 2 LINKS ON ANSELL ,AUSTRALIA 

 

 

• Critical Insight

 

 Ansell Ltd.February 06, 2020

ANSELL LIMITED TO ENTER JOINT VENTURE WITH CAREPLUS GROUP TO SUPPORT RAPID GROWTH IN SURGICAL GLOVE SALES

6 February 2020 – Melbourne, Australia – Ansell Limited (ASX:ANN), a global leader in protection solutions, today announces an acquisition of 50 percent of the issued shares in Careplus (M) Sdn Bhd from Careplus Group Berhad for a total consideration of RM37 million (approx. US$ 9 million) including capital investments and subject to Careplus Group shareholder approval and customary closing conditions.

Careplus (M) Sdn Bhd is a Malaysian manufacturer of surgical as well as latex and nitrile powder-free examination gloves, with annual sales of RM157 million (approx. US$ 38 million). The Company is a current Ansell supplier and has a manufacturing facility in the Senawang Industrial Estate, near Kuala Lumpur in Malaysia, with significant unused space and capacity.

“Both Ansell and Careplus share similar values including our commitment to delivering high-quality products while maintaining high labour practice standards in our manufacturing facilities. We are excited to enter a manufacturing partnership with them, investing together behind additional capacity,” says Darryl Nazareth, President Healthcare Global Business Unit at Ansell. “We continue to see excellent growth in our surgical business and this investment, together with additional capital investments we are making in our wholly owned manufacturing facilities, delivers the capacity we need to continue to grow and satisfy the increasing global demand for surgical gloves as well as support the rapid growth of our differentiated Industrial single use platforms.”
 

 

IN SUMMARY, WHEN THE INVESTORS PLACED THE BUY ORDERS ON CAREPLUS GROUP BERHAD.,

THEY ARE NOT BUYING IN ANY OTHER-- GLOVE  COMPANIES , BELONGING TO NORMAL-

       AH TOO, AH LIM , ALI , MUTHU,

BUT THEY ARE BUYING AND TAPPING INTO ANSELL GROUP WITH STRONG MARKETING LINKAGES, INNOVATIVE CUTTING EDGES PRODUCTS SINCE ITS INCEPTION IN 1929.

SUMMARY

SUMMARY 

1. SHORT TERM TARGET PRICE =RM  5.88

2. MID TERM      TARGET PRICE =RM 7.65

 

 

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ES CERAMICS TECHNOLOGY BERHAD.

ESCERAM (0100)on More than 3hin 15 years

CORPORATE PROFILE

Since 1998, from its humble beginnings in Ipoh, Perak, ES Ceramics have grown to be known as one of the main quality producer of ceramic formers subscribed by the glove industry throughout Malaysia. In 2005, ES Ceramics was the first and only handformers manufacturer listed in the

 ACE Board of Bursa Malaysia Securities Bhd. and remains listed  until today.

 

ES Ceramics started with producing formers for examination gloves. Today we have expanded our formers range to surgical, household, industrial, ballons and speciality formers - endorsed and supported by our French technology partner, COQUET, who are masters in household and industrial formers, with more than 50 years of designing experience; supported with a background of solid reputation for creative and practical design and quality control solutions.

 

ES Ceramics today have successfully grown to be a heavyweight former manufacturer in Malaysia and also operating in Southern Thailand with its own manufacturing plant.

 

As we advance forward, innovation and automation are the key areas of our focus.

PRODUCT RANGE

Examination Formers

Need Assistance?

Please call us at

05-5283041/ 3042/ 3120

or send inquiry to our email at

mkt@esceramics.com.my

Quality Awards & Certificate

 

ES CERAMICS TECHNOLOGY BHD or ESCERAM

 (Code 0100, ACE Market, Industrial Products & Services)

1. ABOUT ESCERAM
Their website can be referred at http://www.esceramics.com.my/

Some Description of the products:
The usage of the ceramic hand formers sets it apart from the conventional ceramic products. Ceramic hand formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves, the formers need to have a high degree of resistance to industrial chemicals, exceptional mechanical strength, high thermal shock resistance & a very narrow range of dimensional fluctuations. Therefore, a substantial amount of raw materials in use to produce the ceramic formers are also raw materials for advance ceramics. All these requirements differentiate the ceramic hand formers from other ceramic products. That it is being applied under very complex processes to produce the end products that are important to produce various types of gloves like medical glove, surgical glove, industrial glove and, house hold glove. Subsidiary:
 

 

SUMMARY

 

1. SHORT TERM TARGET PRICE =RM 1.20

2. MID TERM      TARGET PRICE =RM 1.80

 

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TEXCHEM RESOURCES BERHAD /8702

 

•  

Welcome to Texchem Group

QUANTUM LEAP
TOGETHER AS ONE

Core Values

At Texchem Resources Bhd (Co. No. 16318-K), we uphold our commitment to deliver.

Innovation

Competency

Accountability

Empowerment

Empathy

Business Values

GET TO KNOW US

Our Business Divisions

 

 

Industrial Division

 

Polymer Engineering Division

Food Division

 

Restaurant Division

ness

LEARN MORE

It has been such a remarkable 45 years that has seen us through various economic cycles, to where we are today. We now continue our journey driven by the same passion to excel further, as a leading force in the industry. We will seek new growth trends and opportunities in high-tech focused areas. At the same time, we will enhance our core expertise to ensure continued and sustainable development, to expand both locally and abroad.

TAN SRI DATO’ SERI (DR) FUMIHIKO KONISHI
GROUP EXECUTIVE CHAIRMAN

 

The article shared that Texchem Malaysia Sdn Bhd, its indirect wholly-owned subsidiary, had developed an in-house formulation for effective cleaning and anti-tack agents that are both essential products in the glove-making industry,” Texchem said.

 

 

---

 

Texchem Malaysia’s Transformation to

venture into formulate Latex Glove Chemical

Texchem Malaysia’s Management Team with Tan Sri F Konishi

and Mr Yap Kee Keong

 

With the textile industry slowly fading away from Malaysia, Texchem Malaysia is now being transformed to become an active player in

the fast-growing glove industry. 

 

According to Malaysia Rubber Glove Manufacturer Association, the world demand for gloves in 2019

is estimated to hit an enormous 300 billion pieces which is equivalent to 9,500 pieces of gloves consumed per second. Currently,

Malaysia is the biggest gloves manufacturer in the world which accounts for approximately 63% of the world supply. The industry is

expecting to grow on a fast pace of around 12% per annum in the years to come. This has provided us a good opportunity to transform

Texchem Malaysia to capture this vast market potential

 

 

Gloves need to fulfill some important criteria which includes:

(1) Comfort and fit;

(2) Durability and elasticity; and

(3) Tactile sensitivity where it enables the user to feel textures, shapes, sizes and other attributes by touch which is particularly

important in performing a surgery.

Natural rubber glove fulfills all of the above criteria when compared to synthetic ones.

 

Texchem Malaysia has developed effective cleaning and anti-tack agents which are both essential products in the glove making

industry. 

As we continue our effort to further improve our formulations with in-house capabilities, Texchem Malaysia is looking forward to become the leader in supplying cleaning and anti-tack agents to the glove industry.

Texchem Malaysia is equipped with a state-of-the-art glove manufacturing pilot line to simulate all the important processing steps in

a mass production line. This strategic installation has enabled our R&D and technical teams to tweak and test our formulations with

our customers

 

CUSTOMERS

 

Since Q4 2018, Texchem Malaysia has successfully marketed our products to smaller glove manufacturers in Malaysia as we are

a new entrant in this industry. 

In 2019, we have been working closely with major names in the industry to qualify ourselves as their approved vendor for Top Glove - audit team

 

 

On 18 September 2019, the team from Top Glove conducted an audit inspection and Texchem Malaysia passed the audit and will be one of the approved vendors. This is a big step ahead for Texchem Malaysia and with the strong and dedicated team, the company is poised for greater growth in the future.

 

 

SEE FULL ARTICLE WITH TOPGLOVE  VISITING TEXCHEM FACTORY ( texview-2019-q3)

 

 

.

 

READ IT ONE MORE TIME IN BOLD LETTERS!

 

1. TOP GLOVE CONDUCTED AN AUDIT AND TEXCHEM PASSED THE AUDIT

 

2) TEXCHEM WILL BE ONE OF TOPGLOVE APPROVED  VENDORS

 

3)  BIG STEP AHEAD FOR TEXCHEM MALAYSIA

 

4) STRONG & DEDICATED TEAM - THE COMPANY IS POISED FOR GREATER GROWTH IN THE FUTURE

 

TEXCHEM WILL ENJOY THE BRIGHT FUTURE WITH TOPGLOVE!

 

 

SUMMARY 

 

1. SHORT TERM TARGET PRICE =RM 1.20

2. MID TERM      TARGET PRICE =RM 1.50

 

======================================================================================================

Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION ARTICLE AS A SHARING TO BSKL COMMUNITY MEMBERS.

 

DISCLAIMER : Investment involve risk, including possible loss of principle and other losses. This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in soe of these instruments. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. If investment and other professional advice are required, the services of a licensed professional person should be sought.

 

 

 

SEE RESEARCH 

(SENSING EAGLE EYES) 

 

1. As rightly stated by sharetisfy.com on his blog posted out 28 January 2020 ,

 at that time was RM0.22 ,

       First target  ------  RM0.50

       Second target---- RM 1.00

 

Of course , most of the investors, at that time 22 January 2020

 claimed that the 2 target prices are not able to achieve successfully,

 much to their surprises the first target already achieved as the closing for 12 June 2020 is RM0.525.

 

As for the second target prices –RM1.00 and above will be able to achieve sooner than the majority of the investors thought otherwise, on the way for limit up.

 

 

REASONS 

 

MOST OF THE RUBBER GLOVES FACTORIES, LOCATED IN MALAYSIA

 ARE IN THEIR FULL CAPACITY FOR THEIR RESPECTIVE PRODUCTIONS,

ADDING NEW LINES, 

ADDING, BY EXTENDING NEW FACTORIES SPACES FOR PRODUCTIONS 

NEW FACTORIES ARE READY FOR NEW PRODUCTION, EXAMPLE RUBBEREX CORPORATION (M) BHD.

 

WHO THEY WILL PURCHASE THESE HAND FORMERS?

OF COURSE, THE ONLY ONE, ESCERAMICS/0100 LISTED IN KLSE