Previously this group of IB 's hardly covered glove producers. They go for the big cap counters. Last Dec. TG almost drop from KLCI. They rank 34

K1 Ventilator approved by US FDA administration ( agreement last until Oct 2024 }

K1 secures licence to manufacture ventilators for covid 19 treatment use ( reported by the edge late evening )

Afternoon limit up { if buying momentum continues }

K1 , Hlt, Lkl are the laggards among the glove trend setters. K1 is in a sweet spot. Pretty decent valuations { small cap plus net cash position } lowest price betw Hlt or Lkl . the latter stocks all rocketed towards > 65 mark { whereas K1 is still Zzzzz }

Agreed with MingGoon. Mah sing long term 2-3 years down the road

All gloves counter now sideways after the 2 days of hot run up. Profit taking and punters taking a break plus long week end break

Raya weekend break. retail buyers may stat away

Share Carelpls news and trading ideas only

Agreed with Eagle eye. Reenter Carelpls in the afternoon opportunity comes once every 10 years

Ansell JV with Carelpls opens lot of opportunities and new markets. Ansell is a reputable { established }MNC big in Europe

Most anaylst believed GENM is facing a tough times at this point of pandemic { not saying GENM close shop } unless they lose their casino licence etc price wise they don't expect any quick recovery. GENM or for that matter PBB { Rock solid banking counter } will face many challenges

BFM interview TG { Tan Sri Lim } their orders backlogged is so bloated unable to fulfill . received overseas orders requested by government for assistance . They can only help by sending token sum as and when available. This is happening to all glove manufacturer's { bypassing middlemen } Ansell is a household brand in overseas { careplus is a direct beneficiary of Ansell link }

What's troubling ! Own shareholder { Suntel int } disposing shares . Total app 7 Million plus after MCO lockdown lifted { from April till now } looks bad when own people selling

Without prejudice CPO higher production in 2nd half and demand likely to shrink. Outlook not promising

Covid 19 infections rate jump in US , Russia, UK and other European nations

Mr Lim holds 104 million plus {19.66 % } Mdm Ng holds 29 million plus { 5.5%} based on filings Mar 17

most players bot between 30 plus when the counter started attracting attention. following the spectacular rising trend of other glove counters { eg comfort ,rubberex, super not forgetting TG }

Many developers are reporting sharp declines in property sales and unbilled sales

Glove producers will Be the darling of the market in 2020. KYY started buying into gloves sector.Do your homework

IB's giving TP price of 4 sen { due to worries over sapenergy cash flow and loan issue }

announcement by banks on the 6 month loan deferment moratorium is not automatic { seems beneficial for their books instead of helping the people }

rights issue at 30 sen in Dec 2018 was to reduce thier gigantic borrowings. Now trading at 8-9 sen { loss of 70 - 75 % } to the shareholders who subscribe the Rights. Their share base already balloned to 16 billion { excluding any warrants conversion }. Under current situation would you still subscribe for another rights exercise ?

Contra kakis T2+ 1

Idss & rss short selling does not cover the Ace counters

Pas has always called for ban against so called sin business. During Pakatan times , Pas ban sale of beer in parts of Selangor. During Barisan 60 years Pas has asked government to stop renewing genting licence. Pas also tabled the Syariah RUU 355 legislation private member bill previously

Jobs uncertaintyor unemployment plus pay cut gaming, casino , hotels are the worst hit. even IF MCO lifted business may not restart or operate due to social distancing. Only gloves, ppe suppliers, food delivery are the real beneficiary

All glove counters are the star of the covid 19 pandemic. Previous round was the tech companies later follow by the O &G. Now the glove counters are just starting to warm up. Worst hit were be the autos, hotels and properties industries

Epf is a substantial shareholder. Why are they selling at a loss?

TG, Harta , supermax may all shoot to the roof. Adventa {a health care & industrial suppliers } after disposing off thier glove subsidiary { Aspion } to TG has outperformed thier historical high . Carelpls is the only gloves manufacturer that provide Ansell the entry lowest option

This forum is for Carelpls .please share your trading ideas or news on Carelpls

Play big and win big mentality {KYY} akin playing Texas poker

Stay with Group A { covid 19 pandemic needs a long time to go away } medical supplies usage increased 10 times based on what our DG explains. face mask and hand gloves are all part of PPE

Genting hard hit. All gambling tables shut down { Malaysia , Singapore ,US } worst case is the cruise ships no one dares to take any cruise vacations now.

Another red herring day

IB 's expect a surge in glove makers profit margin between 20%-40%

KWSP accumulating ammb shares since early march

Demand for palm oil drop substantially. India and China has reduced their usage and import drastically ( due to various factors ) you need strong entrepreneur to market your products not an inexperienced politician. Running an Estates , Mills , oleo complex, shipping & logistics and marketing aim , hedging on dollar and cash flow is not talking in a ceramah

Dayang , Carimin, Jaks, Uzma are some of the counters KYY invested. No big names or commercial banks .

KYY likes small cap { where he can push the market within certain degree } unlike the big cap he have zero opportunity

Major shareholders started accumulation Carelpls in March after Ansell announcement. Latest result between 1Mar - 18 Mar acquired 2milion plus { prior to MCO lockdown } something must be brewing why the sudden urge to acquired the shares after a lapse of 2 years. We need to digest the sudden surge in glove demand { coming from all sectors } government procurement orders and the consumers

Big cap taking a breather. Small cap or penny stocks taking the lead during uncertainty { eg gloves n health care }∆

Payment date : 13 April

DJ closed -4% lower. World Bank expect Malaysia slip into recession 2020/2021 as private consumption takes a battering. Job losses among B40 group will curtail any big tickets spending { housing & cars }

Nobody in his right frame will visit the Genting casino with his family. hardcore gambling addicts already have no money during this lock down. so Casino business is really affected and hit hard. Genting main revenue source is coming from their casino. This lock down and covid 19 issue started in early January and till no vaccine is found. Don't expect any turnaround or recovery during the next 6 months or so

The lockdown is hurting small businesses real bad. Local businesses men relies on the cash turnover to roll over and tide over their commitment s. No business for 30 days going to bankrupt those without reserve

Prior to covid 19 outbreak Citi giving rosy picture

It's poker game . Either you hold or u throw

Expect the worst with DJ falling 2000 pts

Iran & Italy badly hit by virus outbreak