Hi guys, PLEASE READ TILL THE END AS I TYPE
It's getting more exciting by the day. Malaysian Glove Companies are breaking all time high as we type
See
KLCI pares loss as
glove makers scale
new highs
on MCO extension
April 24, 2020 13:05 pm (TheEdgedaily)
KUALA LUMPUR (April 24): The FBM KLCI had pared some of its loss at the midday break as index-linked glove makers scaled new highs following the extension of the movement control order (MCO) until May 12.
The gainers included United Plantations Bhd, Top Glove Corp Bhd, Adventa Bhd, Kossan Rubber Industries Bhd, Supermax Corp Bhd, Hartalega Holdings Bhd, Far East Holdings Bhd and Pharmaniaga Bhd.
Top Glove gained 3.77% to RM7.16, while Hartalega added 1.33% to RM7.60.
Calvin must thank sifu pureBULL for bringing his attention
See
Posted by PureBULL ... > Mar 17, 2020 3:43 PM | Report Abuse X
i. -ve
There r lots of fund redemption. All Fund managers have no choice but have to sell across the board, all their stocks in hand including GLOVES.
ii. +ve
After this sudden crash, DOW should be in GOOD hands.
The brightest minds in wall.street MUST do something MORE effective asap to create a meaningful REBOUND now !
GLOVES too were sold down.
Thanks GOD, GLOVES r the only UPTREND stocks.
UPTREND is your friend, we must embrace tightly every-time ...
sifu pureBULL words piqued my interest when posted on March 17th as the market collapsed in panic and fear
Like many others Calvin was also fearful
On hindside Gloves should have gone up but WHY THE SELL DOWN?
Read again sifu pureBULL's words
There r lots of fund redemption. All Fund managers have no choice but have to sell across the board, all their stocks in hand including GLOVES.
ii. +ve
Yes they were being sold down across the board by funds including GLOVES!
For CMSB & DNEX (owned by Censoff) there were FORCED SELLING BY MARGIN CALLS
But in the midst of panic selling
ONE PERSON STOOD OUT FROM THE REST
ES CERAMIC BOSS WAS BUYING
See
MR WONG FOOK LIN | 19-Mar-2020 | Acquired | 700,000 | - |
![]() |
MR WONG FOOK LIN | 18-Mar-2020 | Acquired | 434,800 | - |
![]() |
MR WONG FOOK LIN | 17-Mar-2020 | Acquired | 188,000 | - |
![]() |
MR WONG FOOK LIN | 16-Mar-2020 | Acquired |
3,020,000 |
Ha! If he could manage his investment so well without being caught by margin call & still bold to buy when prices are cheap he must also be able to manage his company well
Let's do a Study on Es Ceramic
Es ceramic is supplying Hand former or Hand Mold for all Glove Companies
See
https://www.youtube.com/watch?v=1-uH0KmgU_o
SO IF TOPGLOVES, SUPERMAX, HARTALEGA, KOSSAN, COMFORT, RUBBEREX ARE DOING WELL ES CERAMIC SHOULD DO OK
BUT IF THESE GLOVE COMPANIES START EXPANDING THEN ES CERAMIC SHOULD SEE MUCH BETTER DAYS AHEAD
AND THE GOOD TIMES HAVE RETURNED FOR ALL GLOVE COMPANIES DUE TO COVID 19
THE WHOLE WORLD NOW IN A LOCK DOWN. AND THE BEST BUSINESS ON EARTH NOW IS SELLING GLOVES
WORLD GOVERNMENTS ARE FLYING THEIR PLANES TO MALAYSIA TO FULLY STOCK THEIR PLANES WITH GLOVES AND IF COVID 19 LINGERS THEY WILL FLY BACK FOR MORE
THESE ARE SOME POSITIVE FACTORS
1) ES CERAMIC MEETS THE GOLDEN RULE OF 3 TIMES PROFIT GROWTH
See these table of contents:
July 2019 result below
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 May 2019
|
31 May 2018
|
31 May 2019
|
31 May 2018
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
9,383
|
5,902
|
32,486
|
25,186
|
2 | Profit/(loss) before tax |
874
|
-649
|
785
|
235
|
3 | Profit/(loss) for the period |
875
|
-649
|
786
|
234
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
875
|
-649
|
786
|
234
|
5 | Basic earnings/(loss) per share (Subunit) |
0.40
|
-0.30
|
0.40
|
0.10
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2500
|
0.2400
|
OCTOBER 2019 RESULT
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Aug 2019
|
31 Aug 2018
|
31 Aug 2019
|
31 Aug 2018
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
8,753
|
7,360
|
8,753
|
7,360
|
2 | Profit/(loss) before tax |
1,006
|
447
|
1,006
|
447
|
3 | Profit/(loss) for the period |
1,006
|
448
|
1,006
|
448
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
1,006
|
448
|
1,006
|
448
|
5 | Basic earnings/(loss) per share (Subunit) |
0.50
|
0.20
|
0.50
|
0.20
|
6 | Proposed/Declared dividend per share (Subunit) |
0.60
|
0.60
|
0.60
|
0.60
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2500
|
0.2500
|
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
JANUARY 2020 RESULT
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Nov 2019
|
30 Nov 2018
|
30 Nov 2019
|
30 Nov 2018
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
8,949
|
7,417
|
17,702
|
14,777
|
2 | Profit/(loss) before tax |
1,037
|
46
|
2,043
|
493
|
3 | Profit/(loss) for the period |
1,037
|
46
|
2,043
|
494
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
1,037
|
46
|
2,043
|
494
|
5 | Basic earnings/(loss) per share (Subunit) |
0.50
|
0.00
|
1.00
|
0.20
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2500
|
0.2500
|
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
ALL THREE QUARTERS GROWTH TURNED POSITIVE
ALL THREE IN INCREASING PROFIT ORDER
2. THE CASH PILE OF ES CERAMIC HAVE BEEN INCREASING EVERY QUARTER MORE AND MORE
See
A) Cash and cash equivalents at end of period for April 2019 Rm17,181,896
B) Cash and cash equivalents at end of period for Aug 2019 Rm19,584,137
C) Cash and cash equivalents at end of period for Nov 2019 Rm21,477,843
THE FANTASTIC CASH HOARD OF ESCERAMIC KEPT INCREASING EVERY QUARTER
HOW MUCH CASH PER SHARE?
About 10.35 sen
At 36.5 sen Real Time now
It is about 28% NET CASH!
This is a really wonderful company selling at fair prices riding on the GREAT GLOVE STORY OF TOP GLOVE, HARTA, SUPERMAX, KOSSAN, COMFORT GLOVE AND RUBBEREX
RUBBEREX?
YESSS!!!
3) RUBBEREX WILL BE STARTING ITS BRAND NEW EXAMINATION NITRILE GLOVE FACTORY FOR ANOTHER BILLION GLOVES
LOTS OF HAND MOLD OR FORMER WILL BE NEEDED
ES CERAMIC STANDS A VERY GOOD CHANCE AS OF TODAY IT ALREADY SUPPLIED 30 MILLIONS GLOVE HAND FORMER IN MALAYSIA!!
SUPERMAX HAS SEVERAL FACTORIES IN SELANGOR & SERENDAH FOR ADDED EXPANSION
NOT TO BE OUTDONE TOP GLOVE (SEE THEY DON'T WANT OTHER COMPETING GLOVE COMPANIES TO OVERTAKE THEM , AFTER ALL THEIR NAME WILL BE AT THE TOP) IS ALSO EXPANDING FEVERISHLY
ALL SUNDRY AND EVERY GLOVE PLAYER ARE ON FIRE AND EXPANDING LIKE NO TOMORROW
4) WHAT IS THE P/E OF ES CERAMICS IN COMPARISON TO OTHER GLOVES (OUR CALCULATION SHOWED THAT THE AVERAGE GLOVE COMPANY P/E IS 30.28
Now last quarter Esceramic earned 0.5 sen and the share price now (oops drop to 35 sen)
Ok at 35 sen let's calculate
0.5 sen x 4 qtrs = 2 sen
At 35 sen the P/E is 17.5
Now let's see 5 Gloves' P/E again
Comfort 19.42 (Note Comfort should have an edge due to its mostly examination gloves as opposed to rubberex industrial gloves)
Rubberex 17.69
Top Glove 39.22
Harta 53.8
Supermax 21.3 (Calvin's favourite)
All 5 = 151.43
After division = 30.28 (P/E)
Now what if ES CERAMIC 's P/E adjusted to 30.28 WHAT WILL BE ITS FAIR SHARE PRICE BE?
The formula is
30.28/ 17.5 x 35 = 60.5 sen
Is the Fair Value of Esceramic 60.5 sen?
But the goal post is changing everyday with the Change of Fortunes brought by Covid 19 World wide
All Gloves' prices are spiralling up and their P/E also gone up in tandem
So can expect the same for ES CERAMIC
After after It Commands Extraordinary prices for E (EXTRA) S (SPECIAL) CERAMIC
Best Regards
Calvin Tan Reseach
Please buy or sell after doing your own due diligence. In doubt consult your remisier or fund manager first
By the way
If the Management able to take care of his personal finances so well
(Able to buy when share prices were sold in panic)
They also took good care to see Esceramic Cash Pile growing from year to year
So our monies are invested with Safe hands
Ok before i forget
Esceramic is now 35 sen. Calvin has a Target price at 50 sen to 60 sen in 6 months time
KLCI pares loss as glove makers scale new highs on MCO extension
Created by calvintaneng | Aug 28, 2024
Created by calvintaneng | Aug 28, 2024
Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
The hand gloves industry in Malaysia will see massive expansion to ramp up production. Esceramic will definitely benefit as formers (hand glove) will be in big demand. They are probably the biggest in the world. My TP is around 60 cents .
2020-04-24 22:38
Bullshit. Too much fools everyone although the share price spike!
But this stock below make sense for everyone to enjoy riding a skyrocket rally!
https://klse.i3investor.com/m/blog/fatprofitstock/2020-04-25-story-h1506132918-FORGET_GLOVE_RELATED_PLAY_THIS_STOCK_CAN_RALLY_A_SPIKE_EVEN_MORE.jsp
2020-04-25 06:51
There is no way esceram will make profit like rubber glove players will do because rubber glove players has no time for expansion during the crisis!
2020-04-25 06:55
Demand for ceramic formers looking good. Here are the expansion plans for Kossan, Harta Supermax & Topglove
Planned Expansion - Hartalega
The first 4 lines of Plant 6 (installed capacity of 4.7b pieces) have commenced commercial operations and the remaining 8 lines are expected to be gradually ramped up. Plant 7 is expected to be commissioned by early 2021, which will focus on small orders as well as specialty products with an installed capacity of 3.4b pieces. All in, Plant 5, 6 and 7 will add a total capacity of 12.1b pieces, raising installed capacity to 43.7b pieces per annum.
Planned Expansion - Kossan
Kossan is embarking on an aggressive capacity expansion as opposed to their past historical conservative expansion stance. Recall, beyond plant 19, land clearing is underway in the Bidor plant, and the first plant is expected to start commercial operation sometime in 2021, earlier than the previously targeted 2022.
Planned expansion - Supermax
Acquired two pieces of land over the past 12 months. Looking ahead, growth beyond FY21 is underpinned by capacity expansion via two land acquisitions. SUPERMX recently acquired a piece of industrial land for RM20m measuring 4.1 acres while back in July 2019 the group had acquired a piece of land measuring 16.1 acres for RM65m. Both lands are adjacent to its current Maxter Plant in Klang the merged and enlarged land tract and subsequent expanded facility within the vicinity of its Maxter Plant should yield operational synergies and greater economies of scale. The 16.1 acres land is earmarked for plant 13,14 and 15 with an estimated capacity of 4.4b pieces for each plant over the next few years. The 4.1 acres land is slated for one plant with an estimated capacity of 4.7b pieces per annum.Expansion plan. Despite the MCO in Malaysia, Top Glove does not expect any delay in the commissioning of the 1st Phase of its F40 Plant (+2.7bn pcs nitrile gloves pa), which was scheduled to start operations in 2QCY20.
Planned Expansion - Topglove
Top Glove does not expect any delay in the commissioning of the 1st Phase of its F40 Plant (+2.7bn pcs nitrile gloves pa), which was scheduled to start operations in 2QCY20.
2020-04-25 10:42
How Es ceramic will benefit by Topglove, Hartalega, Kossan, Supermax, Comfort glove, Rubberex, Riverstone (Spore) & all other Glove companies expansion in Malaysia, Singapore, Thailand & Indonesia & all countries (IT HAS PRODUCED AND SOLD 30 MILLIONS HIGH QUALITY HAND FORMERS TO DATE) ONE HAND FORMER RETAILS FOR AROUND RM50 to RM100
So lightweight Esceramic company has reached Billion Ringgit revenue and growing
Top Glove is Top in World Production. ES CERAMIC could also be said to TOP IN HAND FORMER OR CERAMIC HAND PRODUCTION IN THE WORLD
Some salient factors for ESCERAMIC
1) It produces the highly valuable Surgical & Examination Hand Former which command the highest prices
You cannot fool around with substand Hand Formers as Surgical & Examination Ceramic hands MUST BE of HIGHEST SAFETY
My son Dr David Tan graduated with MBBS after 6 years of Study in one of Australia's Top University
Why it has to take 6 years to get a Doctor Degree?
MBBS means
Bachelor of Science
Bachelor of Medicine
Double degree in One. What so long. Because it INVOLVES LIVES!
THE MOST SEROUS BUSINESS. HUMAN LIVES!
So is the Manufacture of SURGICAL GLOVES/ EXAMINATION GLOVES HAND FORMERS BY ES CERAMIC
My friend Dr. Lim Yew Cheng the Heart Surgeon of Gleneagle Hospital told me personally he use 2 Surgical gloves (not one) when he does heart surgery on the OT (Operating Theater)
Why he has to wear 2 layers of surgical gloves (instead of one)?
Because he said after finishing operation once he discovered that there was a minor cut in his glove. So for added safety he wears 2 gloves.
SO IS THE BUSINESS OF ES CERAMIC THAT HELP IN THE MANUFACTURE OF HAND FORMERS WHICH HELP TO PRODUCE 300 BILLION GLOVES THAT MALAYSIA EXPORTS WORLD WIDE
2) Thru a new found surge of Glove demand from Whole World in Covid 19 lock down there is an urgent need for more Gloves
This will lead to more building of New Glove factories which in turn will increase the demand for Hand Formers or ceramic hands
3) Rubberex already planned to a new factory which will add another Billion nitrile examination gloves
4) SUPERMAX has bought more factory land in Serendah to expand Glove production
5) Since TopGlove goes into 24/7 production the wear and tear of glove hand formers will increase. Any defect or crack thru constant non stop use will need replacement
SO ALL THESE ADD UP
2020-04-25 10:43
Now only call gloves?
Yes only if you know where to look
Covid 19 created Huge Demand CATALYST FOR GLOVES
1. FIRST TO GO UP ARE TIER ONE GLOVES LIKE TOPGLOVE, HARTALEGA, KOSSAN, SUPERMAX
2.FOLLOW BY TIER TWO COMFORT GLOVES, RUBBEREX, ADVENTA
3. FINALLY IT REACHES GLOVE MATERIAL SUPPLIER LIKE LUXCHEM & ES_CERAMIC
SINCE LUXCHEM HAS POWERED UP AND ES_CERAMIC STILL A LAGGARD
THE BEST INVESTMENT NOW IS ES_CERAMIC
FROM HERE THE UPSIDE OF ES_CERAMIC WILL BE GOOD
ONLY HOW GOOD WE DON'T KNOW AS YET
SEE NEXT WEEK IF ES_CERAMIC CAN BREAK THE 50 SEN BARRIER TO REACH 60
IT MIGHT GO MAD AND BREAK THRU 70 SEN POSSIBLE
2020-04-25 14:05
Bull run follows a pattern like an incoming tide
When the tide comes in it first lift up the Bigger Ships parked out at sea coast
The second wave lifts up middle weight boats nearer to shore
The 3rd wave finally reached to the smallest vessels stranded on the beach
All will be lifted up eventually by the power of an incoming tide
All glove and glove related companies will benefit from the UPSURGE OF DEMAND CREATED BY COVID 19
2020-04-25 14:15
Fantastic News for ES_CERAMIC
THAILAND NEW GLOVE COMPANY FINING IPO IN THAILAND
SEE
Top Thai medical gloves maker files IPO as pandemic spurs demand
Sri Trang Gloves aims to ramp up production capacity to 32bn pieces a year
32 BILLION GLOVES TO CHALLENGE TOP GLOVE
AND THE TOP COMPANY FROM MALAYSIA TO BENEFIT FROM THIS THAI GLOVE IS ES_CERAMIC BECAUSE ES_CERAMIC DERIVES THE HIGHEST REVENUE FROM THAILAND
NO WONDER CEO OF ES_CERAMIC WAS BUYING SHARES WHEN PRICES CRASHED IN MARCH
https://asia.nikkei.com/Business/Health-Care/Top-Thai-medical-gloves-m...
2020-04-26 00:52
Diehard dont come here to promote you stock. Go to Minetech and promote there.
2020-04-26 01:05
FROM ES_CERAMIC OFFICIAL WEBSITE
https://www.esceramics.com.my/
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.
Read again: "" with more than 50 years of designing experience""
2020-04-26 09:20
BODOH 3iii MISSED ES CERAMIC
STUPID MIKECYC TRIED TO STOP ES CERAMIC BUT FAILED!
2020-07-17 23:17
ESCERAMIC UP A CHUN CHUN MORE THAN 500% FROM 35 SEN A ESCERAMIC GAVE FREE BONUS & FREE WARRANT
NOW SELL ESCERAMIC AND
GO BUY FGV
FGV WILL BE ANOTHER CHUN CHUN ONE!!!
2021-04-24 20:18
Calvin -Felxidynamics is worth looking at as it is related to the glove industry. Currently it is out of the radar of the investing public. Thanks Bro .. god bless.
2021-04-24 20:25
Goldberg
YOU BETTER NOT MISS THE BEST KEPT SECRET OF ALL
A COMING SUPER SUPER SUPERRRRRRRRRR BULL FOR ALL PALM OIL STOCKS LIKE NEVER BEFORE
THIS WILL BE A ONCE A CENTURY FAMINE!!
SO DON'T MISS PALM OIL AS PALM OIL IS FOOD IN 50% OF SUPERMARKET
NO CLOTHES CAN SURVIVE
NO CAR CAN SURVIVE
NO HOUSE CAN ALSO SURVIVE
NO FOOD FOR ONE DAY, ONE WEEK OR ONE MONTH?
NO FOOD FOR ONE MONTH
SURE DIE!!!
2021-04-24 20:29
Many Thanks Bro. Calvin.
YOU BETTER NOT MISS THE BEST KEPT SECRET OF ALL
A COMING SUPER SUPER SUPERRRRRRRRRR BULL FOR ALL PALM OIL STOCKS LIKE NEVER BEFORE
THIS WILL BE A ONCE A CENTURY FAMINE!!
I will pray that with god's providence and mighty power that this (famine ) does not happen.
Shalom.
2021-04-24 20:35
Thplant also meet the golden rule of 3 qtrs profits
Thplant like Esceamic has potential to go up few hundred per cent
2021-04-24 21:16
calvintaneng is right, I made the most money in this stock when they BI 1:1 with free warrant
2021-04-24 21:40
tansoonyg
Thank you Calvin,
Next week ES_CERAMIC will follow LUXCHEM stage.
Can easily make 50 percent profit.
2020-04-24 17:07