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2020-10-19 11:55 | Report Abuse
now still trading below NTA of $1.89..
2020-10-19 09:56 | Report Abuse
usually when it is from bloomberg, it should be more or less..
perhaps there is a deal going on..but not yet confirm,,,
need to wait to see what price the buyer bid or offer pnb...
then they will need to give general offer to rest of the shareholder...
base on NTA = $1.89.. but usually buyer will need to come up with higher price..
2020-10-17 10:53 | Report Abuse
good target for any giant glove company to buyover...
https://www.ccmberhad.com/rubber-chemicals-business.php
We are a major producer of calcium nitrate, made by dissolving calcium carbonate (limestone) in nitric acid. Our manufacturing plant in Shah Alam is ISO 9001:2008 certified for the manufacture & sale of calcium nitrate, ensuring ever-progressing standards of quality.
Calcium nitrate is an important component of rubber glove manufacturing as it is used for latex coagulation (from liquid to solid state). CCM Chemicals plans to grow the liquid calcium nitrate business by offering competitively priced product and value-added technical after-sales services particularly to the rubber glove industry.
2020-10-17 00:15 | Report Abuse
this usually means it is still not yet confirm.. but once it is confirm, then price fly up lo...
2020-10-16 17:58 | Report Abuse
NTA = $1.89.. so the price should not be lower than that...
in fact some of the glove manufacturer which has become so big, can also easily buy over CCM...
then their chemical supply will be at optimum level and they can supply to their competitors :)
2020-10-16 17:38 | Report Abuse
hopefully buyer can give a good price and good general offer ...after that they can replace those poor mgmt team and take this company to the next level..
2020-10-16 17:12 | Report Abuse
CCM supplies a range of checmicals to the gloves manufacturers and it is building a big facility in pengerang johor to cater for that
https://www.ccmberhad.com/polymers-product-range.php
2020-10-13 17:18 | Report Abuse
DSAI sepatutnya present signed SD declaration of support.. tapi kalau itu pun takde, maka hanya cakap kosong shj
2020-10-12 18:26 | Report Abuse
If result good, can play up like prolexus
2020-10-12 14:44 | Report Abuse
boleh limit up macam prolexus... ?
2020-10-09 11:08 | Report Abuse
pmcorp same boss as ASB?
2020-10-08 17:06 | Report Abuse
mui, muiprop, asb.. counter anwar
2020-10-08 17:06 | Report Abuse
muiprop the FA bagus..
2020-10-08 17:03 | Report Abuse
minggu depan hadap DYMM.. mungkin counter anwar akan naik minggu ini dan minggu depan?
2020-10-08 16:58 | Report Abuse
Anwar naik, mui, muiprop , asb naik.. goreng ..
2020-10-07 07:49 | Report Abuse
Bad news for gloves.. vaccine will be out by this year end..2020
https://www.channelnewsasia.com/news/world/covid-19-vaccine-who-covax-tedros-year-end-2020-13213088
2020-10-07 07:48 | Report Abuse
Bad news for gloves.. vaccine will be out by this year end..2020 according to WHO
https://www.channelnewsasia.com/news/world/covid-19-vaccine-who-covax-tedros-year-end-2020-13213088
2020-10-06 16:34 | Report Abuse
today drop is due to trump :)
1)trump fast recovery
2)trump taking off his mask
3)trump says vaccine will be out momentarily
2020-10-06 16:02 | Report Abuse
President Donald Trump says COVID-19 vaccines are coming 'momentarily.'
https://www.usatoday.com/story/news/health/2020/10/05/donald-trump-covid-19-vaccine-momentarily/3632646001/
2020-10-02 21:55 | Report Abuse
EPF is net buyer... they are buying topglove
2020-10-02 21:16 | Report Abuse
EPS 13.67 sen per qtr.. 4 qtr = 52 sen...
now is damn cheap.. PE = 2 or 3X only..
the margin for reusable mask is higher than glove..
company cash position has also increased to $100 million in cash..
2020-10-02 16:45 | Report Abuse
well definately top glove is the #1 glove company in the world.. so it wont be lagging say supermax for long...
2020-10-02 15:58 | Report Abuse
calvin tan reseach is right about prolexus..
latest earnings is 13.5cents a quarter.. full year if annualised the earnings could be 52 cents a share!
so now the PE could be real low and cheap for prolexus..
2020-10-02 14:33 | Report Abuse
donald trump get corona shows the covid 19 is not contained..
and this is bullish for gloves and top glove..
2020-10-02 14:15 | Report Abuse
TG should go up.. with donald trump getting covid.. shows that the virus is still not within control...
2020-10-02 12:16 | Report Abuse
i think if u look at scgm..earnings compare to prolexus... scgm is nothing..
so if scgm can reach $3.. prolexus also at least heading there ...
2020-10-02 12:06 | Report Abuse
calvin tan research is right... it seems.. prolexus going to go to $3?
2020-10-02 12:02 | Report Abuse
the PE only 2X (if annualising the profit)
2020-10-02 11:48 | Report Abuse
the most undervalued PPE counter..supported by phenomenal earnings...
2020-10-02 09:32 | Report Abuse
big buying, still super undervalue
2020-10-01 16:30 | Report Abuse
yes, it has got the potential like scgm before scgm share price shoot up to RM 3...its earnings much higher than scgm..
now still cheap.. at 92 cents only..
2020-10-01 09:34 | Report Abuse
still very cheap.. base on fundamental and financial results..
2020-09-30 17:24 | Report Abuse
it may/can well rise further.. base on its financial results now supporting its share price..
previously there is no fundamental to support its price but now with the good results it will support higher prices..
insider also has been buying back the company shares... which is another good sign
2020-09-30 11:57 | Report Abuse
calvin research still holding this gem?
2020-09-30 11:23 | Report Abuse
calvin reseach is right... latest PRlexus earnings is super amazing.
2020-09-30 11:16 | Report Abuse
The single quarter EPS for FY20Q4 is 13.67sen. You can guess its next few quarters' results and calculate by yourself its projected forward PE at current share price of 78sen.
PE is like 2X earnings.. if annualised 13.67 x 4= 52 cents.
PE = 95cents/52 cents = 2X!
2020-09-30 11:08 | Report Abuse
so if SCGM can go to $3... i think PRLEXUS can go to $3 also...
now very cheap..
2020-09-30 11:05 | Report Abuse
company cash also almost doubled to 100mil!
2020-09-30 11:02 | Report Abuse
fantastic earnings !
2020-09-30 10:53 | Report Abuse
truely a gem.. latest results shows
2020-09-30 10:29 | Report Abuse
SCGM the EPS is only 4cents per quarter..share price = $3
while,
PRLEXUS EPS is 13.67cents per quarter.. share price only 94cents! it should be $3.. in long run..
2020-09-30 10:20 | Report Abuse
EPS this quarter itself is 13.67 cents.. so if just by annualising will be around 52 cents per yr....!
2020-09-30 10:19 | Report Abuse
with the much better results even compare to SCGM.. PRLEXUS should be trading at RM 3.
2020-09-24 14:46 | Report Abuse
previously it can limit up, if gloves counters sentiment is good...now sentiment is good
2020-09-24 11:21 | Report Abuse
previously it can limit up, if gloves counters sentiment is good
2020-09-23 16:15 | Report Abuse
nxt few days will be uncertain..
as DSAI seems to have team up with the some from umno+dap+amanah.. weird..
2020-09-23 15:34 | Report Abuse
new PM DSAI may cause mkt to be not that good
2020-09-21 15:34 | Report Abuse
all the high flying glove stocks just beginning to drop..
it hasnt crash like the dotcom bubble yet.. if it crash it will be considerably worse..
Stock: [CCM]: CHEMICAL CO OF MALAYSIA BHD
2020-10-19 13:56 | Report Abuse
if it is then good...bullrun18..
Bullrun18 Heard take over price 2.60 .....
19/10/2020 11:08 AM