i hope to get icecream fondue like this....
https://365days2play.com//wp-content/uploads//2010/10/hagendazs5_thumb.jpg

Let's see if really melting or giving space for more scoop to top up. Instead of 1 scoop, later become 2 scoops and next week become banana split with 3 scoops of ice creams. If quarter is fantastic, then become icecream fondue with all chocolate dippings and side snacks.

Hold tight. Don't let them shake u off. Just 4 more trading days to go.

good closing above 0.555.

I start to place my selling Q at 0.8. Just key in first or else when the bull run, wont be able to key in if it just up all the way to 0.8.

5 more trading days to go. Stay above 0.555 after close and that would be the beginning of uptrend. See if today can make such stand or not since there are lesser days for operators to hijack this counter. The more u pull back the rushing bull, the more furious the bull gonna run when you release it. Just like Supermax.

Just a 3,435,900 trading volumes and the price can go down 0.015. Many retailers lose hope on this counter? Just another 9 days for it to release results.

dont think it's shark with such low volume. more like retailers giving up and lose their patience and waiting game.

Still blocking at 0.540-0.555. seems the big guys yet to collect enough. Pushed down from 0.570 so weak holders would be disappointed and sell to them. Been playing these for several times

just 2 more weeks. hold tight to your shares and dont be shaken off. They have tried very hard to do so. just 2 more weeks and wait for it.

Nothing is wrong..normal shake off weak holders by riding on TopGlove negative news. Esceramic has nothing to do with TopGlove products being stopped in US. Even if US stop Top Glove products, other countries would be happy to buy from TopGlove instead of waiting for 12 months to get the orders.

sharonchok, so that the operator can buy your shares cheaply. Those who bought up to 0.620 today would panic and start selling to them.

uptrend slowly is good enough rather than sudden spike for a single day. Volume is just 1/3 of what happened on 1st June 2020. Results is still 2 weeks away. Still lot of rooms for uptrend. Remember that the TP are as follow:

PE 30: RM1.80
PE 25: RM1.50
PE 20: RM1.20

Hold on to your Esceramic.

Still suppressing. More and more like what happened to Supermax back in March and April

Revised TP from EPS 4 to EPS 6. Reason is that Covid 19 is more severe and prolong than anticipated especially in America regions.

EPS 6:

PE 35 = RM2.10
PE 30 = RM1.80
PE 25 = RM1.50

Top 4 big brother gloves counters are expanding and utilizing their production lines 100% ++ with OT. That would mean more wear and tear of their formers and would require quicker replacement. Expansion of production lines also being accelerated and more lines would be planned in the next 6-12 months. That would mean placement orders of glove formers would increase significantly. Esceramic would have increased business for the next 12 - 18 months.

Waiting for their reports to see if their inventory levels have been exhausted this round.

Must be worry the coming AGM that shareholder would kick him out after all these underperforming years. These past two weeks busy in releasing news and articles

3 more weeks before results. If still no movement within these two weeks, then we knowlah the results isn't good as expected.

hahaha. Many are cursing cause other glove counters are flying non stop for the past 2 months but this esceramic only one day show to 0.735 and now stuck at around 0.5 and wont move. Reason? Its bosses are not doing anything to promote it or goreng it for now.

Director wanna deal during closing period. Either he plans to buy or sell. Let's see what the owner gonna to do in the next 2-3 weeks.

warming up.

wont gap up so fast. Results only out end of July. still have 4 more weeks of trading. Possibly would only start moving up slowly in mid July before a strong rally in the week of 20-24 July. Now, it s still collection and also shaking weak holders. Could shake until 0.435 support in the next two weeks.

Just relax and enjoy. U see today, whole market is green and the gloves counters been uptrend for another day. But Esceramic been downtrend for another day. It's against the logical and rational market. That only mean manipulation. Just like what happened to Supermax back in Feb- April. Volume is low, meaning no big sell or big buy. Just sell and buy a bit to move the prices up and down.

If not up it would only mean that the collection has not yet been completed. Supermax was delayed for 2.5 months in comparison with Kossan, TG and Harta back in Feb- April. And when the engine started, it never look back. This similar pattern gonna be the same for Esceramic come 3rd week of July. Provided the big bosses still give chance for ikan bilis like us to buy. Else, it should start engine by mid July.

need to wait for the big 4 bro to move up first before this counter would catch up.

Max up until 0.115. All impairment done last quarter. The next few quarters are creative accounting to make it green. Wonder what s the reason behind.

u need fresh funds. Many can buy TOTO and Magnum now. no need to make bet in Bursa anymore.

second wave worry on Covid 19 and it hits glove counters? It means second wave uptrend for glove again.

shortybtmg, you need to call your IB customer service person to help you to rectify it manually. The system is down whole morning

hahaha. as expected. It wont go up with normal contract win. It may have chance to go up if change of CEO? or maybe PNB pumped in RM2 billions or successful restructuring of the loans/debts. Other than that, winning of contracts only will boost the revenue but at the same time still incurring losses to the company to high cost for it to run its operation.

Maybe up until 0.115 as usual.

The President and CEO doesn't need the share price to go up since his salary is around 70-80 millions a year. That s y the share price dropped from RM4 until RM0.10 now.

Gamed by banks. Today banks are the biggest manipulator by capping the margin. Force margin call to so many ppl.

Banks being the biggest manipulator. Pushing down the gloves artificially by triggering margin call.

all so quiet already? Fundamental wise with expected EPS 4.0, PE 30 and P/B 4, the value should be in the range of RM1.04 - RM1.20. Give it a 20% discount, that would be in the range of 0.83 - 0.96.

Yet the market value LKL at PE -150 and Esceramic only at PE 26

PE of 30 is possible as this is not considered big 4.
The P/B ratio is just 0.420/0.26 = 1.615.
Supermax and TopGlove are trading at P/B ratio of 8.3++. Kossan is around 7.6 while Harta is at 14.667.

Conservatively and giving this glove theme play, a P/B of 4 would yield 1.04 for Esceramic. Hence with PE30 and P/B of 4, the value could reach between 1.04 - 1.18.

Ppl want fast money and they are getting there from the big 4 + comfort. Esceramic is totally ignored for now cause the hot money is with big 4 and comfort.

How come Mikecyc comments so fast got deleted? someone here close with admin?

Why suddenly many comments in here about Esceramic and its property investment? Suddenly so many "kind" investors sharing information?

seem like being "played" by operators for the past two weeks. one day itself up so much and also down the same day. someone collecting cheaply?

cant move at all. Just too many sellers and too many volumes. Before the oil price crash, it was trading around 0.25, now it cant even move back to 0.15. Still stuck around 0.10

if Esceramic can deliver 2 million profit per quarter, that would be EPS 1.0 per quarter
Giving EPS of 4.0 per year and PE as follow:

buffer 20%
20: RM0.80 RM0.64
22: RM0.88 RM0.705
24: RM0.96 RM0.770
26: RM1.04 RM0.830
28: RM1.12 RM0.895
30: RM1.20 RM0.96

The question is whether Esceramic can deliver that EPS 1.0 and is market going to value it at PE30? Looking back at year 2015 & 2016, Esceramic delivered 3 quarters of 1.5 million ++, 2 quarters 1.8 millions ++ and 3 quarters of 2 millions ++. What happened during those years compared to now?

BIg boss bought around 5000 lots in Feb and March. 300 lots is just enough for him to buy a new car for his children after minus his own capital. Big boss also human with family commitment. :P

They could be thinking that it s overvalue now.

Active but no power. Could be short term traders busy selling after reading the director disposed 200000 units yesterday.

today many burnt alive!!!

the cuci is so fast.

If u understand FGV and MAS, you will understand how this Sapura gonna be played out in few years time.

the one suffered the most is Amanah Saham Bumiputera. All investment burnt in this Sapura. All because it is a bumiputera company and Amanah Saham Bumiputera must support and let it burnt the cash everyday.

No up and no drop. Cant do anything but to wait. If drop, at least can collect more.