now we are looking for the 2nd wave,...hope so

i dont think it can go down lower than 2.50..at 2.70..good enough la..huhu

yup..bought some already..murah dah..

good time to enter..

really hope that this Q can bring in at least 3 mil profits, if 4 million, that would give 2 cents EPS..or price lompat above 1.50 !.. coz ethanol still be needed until next year..

one more thing that many people not realize... the more people going out, doing business ...to more kedai have to provide hand sanitizer !! ..its now everywhere..i am expecting this month usage of hand sanitizer at least double from last Mei.

in comparison..ethanol/hand sanitizer much more needed than gloves..some more, gloves got lots of big factory, but ethanol very few and limited. Hezxa is the major producer..macam Top gloves la..hope our target can be achieved once QR out.

pop corn..

Comfort must produce $20 million profits to justify price above 3.00, . ..only possible if follow supermax profit 16% margin.

possibility that uncle already cashing out..hehe

if you know what's coming..why settle for less?..only few million shares available, so far no major shareholders or directors selling.. like me, i am holding it tight. After all..still in profits..nothing to lose.

meeting in less than 2 weeks..to join the meeting, today is the last day to buy shares. Those buy tomorrow, cannot join the meeting.. I guess that's the reason for these 2 days price hike.

see that Kpower..already leaving behind his big brother Serba by miles..

haha..this counter same like when i found Straits..nobody cares.. see la how price has move leaps and bound...soon all the sifu will start to cover this stock

you meant the amount of product been write off is equivalent to the amount of profits??..ayoo

CCCL Maybe, Written off inventories can be the certain production batch with quality issue, hence downgraded to scrap.Customers refuse to take shipment due to non conformance.
08/06/2020 8:33 PM
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I found this to be the most acceptable explanation!!

Still if you put back the value into sales (no written down), additional profit only up $40k (1% margin from that $4m goods).

Posted by Gooner82 > Jun 9, 2020 11:22 PM | Report Abuse

Few fund managers starting to review careplus after rhe investor relation call today. Careplus gloves production now at 4.1B pieces, slightly more than Comfort. If comfort and ruberrex have TP around rm5, im confident that Careplus will get into similar figures after the next 2 QRs

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If your company is good, no need further brief FM as they donno how to read the QR and donno what is happening in glove industry.
Careplus is the worst margin in glove sector. pnly 1%, compare to the rest buta-buta 5%. Ask TP 5.00 ? ... what a joke !, show 7% profit frst.

is it possible for comfort to produce $15 million profits , jump from last QR $10 m?.. otherwise the current price above $3.00 hard to justify

Ansell selling gloves to hospitals, etc..sure enough they wanted to get it cheap from manufacturer.. Do you think, K+ factory would sell its gloves to be distributed by Anell at arm's length price?.. i think that's what happened before at Caregrove JV.

Bottom line is.. I suspect Careplus factory selling gloves cheap to distributors, that director could have interest. Perhaps I am wrong.

the real PH don't mind to wait longer for the next pru15, the longer the better so that melayu can see the real color of PAS. It's Mathir now very desperate to prevent ber5atu from die. This time, PH no need to offer anything to mathir. Even many of si kitol team mate now wanted to go back to pkr..haha.

lots of shares need to throw slowly to ikan bilis..if dump on the spot, shark also rugi maa....this time, no more big shark waiting at the bottom.

thumbs up fro Serba..with this take over, can use that expertise to provide better service to all customers

someone have to put up road block at 2.22 to prevent it from going up further..buying momentum quite good, skit lagi pecah itu road block..perhaps tomorrow kot?

From that 84 mil shares, Only about 20 million available for sale. The rest got Karim, Grand vision and Mustakim already owned...grab it before finished..ini macam beli IPO !! huhu

malaysia and singapore wooo...

i think its already approved last week la, that's why i buy more

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3055815

little brother KPower making moves above 2.00 already..leaving this giant Serba

meletop KPower today..really power rangers

normal price 80c, Covid price $1.00

Awang already finished dumping his warrant, but he still got 259 million Serba share to be disposed. Hope this week, market forces could cushion his dumping action.

typical of PaN group..tipu jer.

Posted by Hotwires > Jun 8, 2020 2:25 PM | Report Abuse

Nothing weird with analyst briefing. Company with a good management practice usually will conduct quaterly analyst briefing. Not neccesarily market will up/down after the session. Those analyst who fid not satisfy with the performance can directly ask the CEO why and what are the plans to increase the performance. If the answer is good, the analyst will do good write up and usually market will react positively..vice versa.

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when you read article from PAID ANALYST or PAID JOURNALIST..even company going to bankrupt, they will not tell the truth. Look at how The Edge and all newspaper puts it, praising the previous QR as its like very good and equivalent to Supermx performance..No comment at all about why company that produce 4 billion gloves could only make 1 million per QR ?..dumb analyst and journalist we have a lot nowadays

very cunning move by owner.. just after announcing bonus 1:2, immediately push up the stock from original around 80 cents to over 1.00, than split it .. back to that original price, 79

The actual fact is.. after bonus issue, price should be drop to about 60 cents only

@nvestmalysia You can resume your flight, but is there demand? Same like the shops here. You can resume your business, but is the crowd same as before
08/06/2020 12:29 PM

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Tony had said before, Malaysian is the bravest people on earth, dare to fly in any circumstances, unless, government prohibited!!. You think if tony put up fire sale tomorrow, Malaysian dare to resist??.. EVERYBODY CAN FLY BALIK KAMPUNG ON AIR ASIA ..that would be the slogan from tomorrow..hehe

sure price would up on anticipating of brighter days ahead..but coming QR, my expectation rev still above 2 billion, coz MCO started on 18 March. But the next QR would be the worst. But AA must be lucky, 3 months form now, we expect world has recover a lot from this pandemic..even if they give $1b defisit, people won't run away.

By delaying 1QR/2020, AA had escape from being slaughter below 60 cents.

for the past 4-years.. Dayang always produced negative 1stQR results.. so, expectation nowadays, must be negative also, but we donno to what extent? what makes it different that on this 5th year Dayang suddenly give positive 1QR? it might happen, and that would definitely bring it towards $2.00. Even lousy pun , i believe already accounted and 2QR must be very good onwards.

I bought Dayang last week, in the hope that coming QR will be not that bad, and even my Carimin
and Uzma able to recover/stable very fast from its latest lousy QR.

in just 7 QR, new boss had achieved Revenue from just 36 million, jumped to 203m (500%), and most probably it will fly to 230 million (600% ) just in 2 years time!.. Profits also had jump from 634k only to 2 million (300%).

I strongly believe this QR revenue over 230 million and profit at least 2.5 milion, that would give EPS 3.8 cents. Price could move 27 cents !!. If maintain 2 million pun, price would be at 22 cents

Careplus continue to give profit margin only 1 % ...while other companies get 5 - 7%.

Bunga raya Warrant going to be expired in less than 9 month with ex 1.12. If you buy now at 20.5 cents, you should hope mother reach at least $1.32, just to get break even. Last year with Brent at $60 pun Bunga raya only just 90 cents.

don't simply believe Credit Suisse, unless your are one of their major client.

this kind of action by the director sure can kena LOI from SC if somebody make complaint... coz this kind action could clearly unwarranted when he already got important material information that can benefits himself, the lousy QR report.

The only way to save him is K+ price doesn't fall significantly. I am pretty sure, he must pray every now and than that K+ won't drop significantly on next Tuesday. If Im not mistaken, Supermx director kena last time

those who's still sitting on big amount of K+ stock no worry la..next week, K+ drop a bit only la.. becos many people still giving hope that coming QR they could turn around and produce industry profit margin 5-7%.. but, something which is not right with this company la..

they keep on selling glove CHEAP to distributors that selling it at big profits according to current pricing.. so even gloves increase 100-300% pun, you wouldn't expect Careplus profits jump to 7-8%..only 1% as usual. This is my pure assumption only la..coz that's the only explanation that i can think of...

i think la Hexza issue is not about the ethanol sales, but the management which is not reliable (may be i mistake..donno la).. i heard la. Sales of ethanol sure fire one, but we still need to look at their book value, what will be reported in the coming QR. Don't be trap like K+ thing..too much speculation..but at the end, figure don't support. Hope this QR can produce net profit >3 m, if 4-5m ..than we have limit up

@Ohahaha.. I already sitting on nice profits from buying Serba C1 and C7 which I bought last April... Hope next week every body will be happy when Serba reaching 2.00.. esp warrant holders ..today already appreciate 50% from 5 - 7.5 cents.

Post removed.Why?

and for the past few days busy relocating fund from gloves counter to ong. Serba is stable, no worries..just not fly becoz Awang keep on selling his stake. It's not wrong at all, just holding back Serba performance..but next week, hope no more..

I no expert in warrant dealing, but i thing i may say, more than half of my profits always come from warrant holding .. Except Serba warrant ! ..i hold mother share, but when directors keep on dumping his company warrant, i also wont touch that company warrant.

no need to argue anymore, Brent already over 40, the pull factor already present, Serba should fly whether Awang sell or not.. but please don't dump 20 million at once coz Serba needs to run when everybody is running , but not baru nak run when everybody already reached the top and start declining. donno la if people understand or not, what i am trying to say.

warrant and mother share argument..haha.

when people already got huge amount of mother share, warrant definitely will add extra profits in the near future coz warrant shall give better performance than mother shares..if the projection stand true. For the director, he himself sure knows the company potential in the next 4 years, before warrant expired. but when he keep on selling.. that raise the RED FLAGS la..to buy mother share??..what a joke..he already got tons of mother share la.

warrant most of the time at the early stage is in out-of-money, if already in-the-money people will not buy mother share la.

pocket money if you only sell 1-2 million, but already 1/3 of his stake is not pocket anymore but load of truck..huhu

don't be fooled by paid journalist...numbers don't lie but people do

last report HLT glove segment also gave only about 1% profits also (like recent Careplus performance), but luckily they got glove dipping business that gives >20%.

just hope their oversea glove dipping business that contribute much in the previous qr, due to MCO travelling restricted, local business could compensate the lost from oversea business.

no more limit up or limit down argument la..result already out...do your own calculation and compare with other glove counters. Just get yourself ready for Thursday morning bell.

I still own Careplus shares but Limit up or down pun no problem coz i already pocketed most of profits from this counter..keeping small amount only...

for me la..LIMIT-UP up we can always kejar, it will take minutes to fly ... but when LIMIT-DOWN ..it can happen in seconds and you may be caught with your pants down.

profit margin only 1 %...the lowest in glove industry.! .. Comfor and Rubberex gave 7% profit margin.

With only EPS 0.21 per quarter, if PE 30 baru 25 cents, and even 50 PE pun baru 42 cents!! ... Careeplus should produce $6-7 million profits, that could bring up its EPS and justify the price above $1.00

still holding strong in oil counters