m3tech is benefit from the new normal where every one need to scan temperature and register. Now maybe a lot people still using manual writing but sooner and later everyone can switch to auto face detection and auto temperature recording machine where m3tech produce.

m3tech next to limit up!!

Yes, I also TP RM4 as you see Dufu and JCY. Plus have face mask in running.

notion please don't limit up today, 2 days limit up monday no show to watch.

is this counter do mask?

anyone give tp for notion? I think RM3 is reasonable. See Dufu RM7 without healthcare. Notion have similar biz with Dufu and + healthcare.

i think director got no more shares to throw already. Maybe new comer will be on board soon.

director also dispose today, almost left 550 lot only, no more substantial shareholders dy. !!!

any rules of posting comment? why my comment being deleted?

I also calculated this QR average selling price is only usd 28++. With only usd28 average selling price can have 21mil pat...It is possible to double the earning in next QR.

Carepls result make people imagine that kossan will also release a good result. Yes, Kossan will give good result but disappointed in this quarter...

Don't forget recently big 4 going up mainly because the IB increase their margin capping. K+ is non margin counter. But once the QR posted marginally profit, the IB will start give margin to K+.

I bet for Average selling price of carepls also increase a lot because they only accept order for 3 months lead time, and the spot order selling price is near to 3 months lead time. This is some blogger review that during AGM the management comment on this. Imagine those normal selling price need to wait 6 month to 1 year plus. But price increase one only for spot order and 1 to 3 month price. So, 3 month selling price is almost near to spot order..What does it hint? Meaning their price selling is all time high. This is what I guess. Not a comment on buy or sell.

last time i still remember when jftech jalan, follow by fpgroup, then vis then tecfast. now both 3 counters jalan i think tecfast should be next.

tecfast have a good rubbersheet products that is with good competitve price that can be used in semiconductor factory

today anyone attend EGM ? have any good news?

anyone know that 11.30am have investor briefing though teleconferencing? Anyone join?

I am keeping for long term.

thanks facts123, it is the latest news on 4/6/2020. The demand is surprisingly strong. Then nothing to worry about.

As previously I said heard some news from friends who is in this plastic lines (not from other group that goreng stock), he is purely businessman and not goreng share kaki, he got the info that during April to May LCTITAN supply their plant capacity 60% of PP to China with normal price 4x to mask production companies. Anyone have friends who is in this line can try dig more info. Not surprisingly in 2Q it can make profit more than RM1.5b. Coming 3Q profit may not as good as as 2Q without big contract. But I believe the demand for PP is consistant with the syringe demand going up because of pandemic, mask demand is also consistent. And butadiene to supply glove company also have the demand increase.

like glove stock is very bullish, previously they also said that it is overheat and still not able make the price lower, so they use margin cut strategy, after that they can collect the shares at lower price as you see last 2 to 3 days the institution is net buying.

normally ib ask sell so that they can collect more shares.

maybe anyone know the lctitan management can ask for it. when is their AGM? Anyone attending can help to ask.

dominan is the only shares that still not rebounding despite other is rebounding from 19 March 2020 onward. Recently if you compare to the volume i think you can see the volume on April 7 onward is obviously higher than before April 7. Charting wise is stop the downside already, i believe in the near term should test 0.72 level, if 0.72 or 0.73 break up, the engine is start for uptrend. Morever company FA is not bad, each quarter giving dividend. If you said during MCO affected, maybe, but the price is already a big discount compare to previously ranging from 1.10 to 1.40. Genting also affected the most, but the share price also rebouding 50% from March 19.

Anyone heard the news that lctitan sign the contract to supply pp to China on April to may 2020 and the company is allocating 60% capacity to export to China with the price 5 time of the normal market price?

Economic reopening for new Norma, will m3tech benefit from it? Now m3tech have something in the price. Today up 1sen a good start to run.

LCTITAN have high margin, 100% or 90% depend on brokerage... Come here, now glove counter reduce margin, LCTITAN have full margin here.

something that public may not know, RHB reduce capping is not affected at careplus. Because all the while careplus is 0 capping and RHB margin account cannot use margin account to buy careplus. So, the selling here is panic.

anyone have forecast the EPS for coming quarter?

purely goreng counter. texcycle is a recycling waste for company, including glove company waste. Not the recycle of glove to be used again.

yes. the coming QR is expected profitable but not shocking, the shocking QR is for April to June.

Most of the glove companies already meet together to increase the price for distributor, i think probably from previoysly USD25 to USD40 - USD50. Topglove and supermax have own distributor in certain area can sell at retail price but it is only 10% to 20% volume. This is is increase selling price about doubled / ctn but for the total volume case. So, the earning is going to explode even higher.

LCTITAN have more secure than glove counter. Vaccine news is a good news for LCTITAN, because vaccine need syringe so demand for pp will be great. While Vaccine not out yet, glove need butadiene to produce nitrile glove. And Naptha price so low to boost the company earning.

Vaccine as soon as end of this year is a good news for glove counter to goes up. Because As soon as end of this year, not immediately. So, after mass production, there is no way in 2 or 3 months for whole world population get the vaccine. Even after vaccine is out, demand for glove is still standing very high there because now glove is not only use in hospital. Last time clinic receptionist not use glove, now use glove, and all retailers, petrol station are using glove, and this is not only happen in malaysia, it is happen in whole world.

Kossan now in 4 top glove is the cheaper, the 3rd larger is nearly lose to supermax to become 4th. Supermax can be chasing up because supermax is the earlier to increase it selling price. But coming forward i heard all glove company (previously not increase price yet) will be increase price in June 2020. Giving Kossan production capacity 31billion versus supermax 27.4 billion still have room to goes up.

did pchem supply butadiene? I go through the annual report, seem like butadiene is the new product and just started 2020.

Lotte Titan for June 2020,
Hdpe up rm0.18/kg.
Ldpe up rm0.10/kg.
Pp up rm0.28/kg.

LCTITAN selling price increase? anyone in the industry can confirm this news?

Besides, anyone know that how much LCTITAN produce butadiene that is used in nitrille glove?
Does LCTITAN supply to those glove companies?

yes, 4.1billion glove capacity in 2018 annual report compare with comfort is 75% of comfort capacity. Anyone know is there any additional capacity install in 2019 and 2020? Jan to March result cannot be the benchmark, most glove company increase ASP in mid Apirl onwards. Heard news that Kossan also increase selling price in June 2020. Most price increase in April is just a small portion, in June onward there is Marginal increase in glove price. Please check on your own, i do not want to comment much on this.
Carepls price although increase more than 600% but still is cheaper than those Comfort and rubber max. We don't compare to too big company like big 4. Small compare to small. There are 2 voices here is because carepls previously is lost making company but now the whole situation have changed, there is nothing to do with the ability of the company, it is a structural change of the price. Every one is increasing the selling price, just some company maybe delay 1 months to increase.

Is careplus price still undervalue? if you compare to the market cap of comfort 2011mil.
comfort capacity is 5.4billion glove a year,
careplus capacity is 4.1billion a year. So it is 75% of comfort.
75% x 2011 mil = 1508mil. So does careplus worth RM1508mil market cap?

@360capatalist, u cannot compare the unit price..You must compare with market cap. Each company have different market shares issued. I think most people understand here.

This time maybe different. Now current situation hard to find a company with steadily growth. If QR against previous QR is increasing then it will release the value. Before covid 19. This company already show steadily result, I think with this covid 19 situation the demand for vitamin and some medicine should be increasing in demand.

today volume also turn 3x more than yesterday... hope it will resume it long term uptrend momentum

Yes, technically all turn well, as long as naptha price keep lower.. Hope that it still keep far below from it previous high of >USD500.....

@hck1981 can you explain the company prospective? Maybe something that we missed out?

This company is not only covid theme. It just take over gasiapac for cloud business will have Rm10mil profit a year. And it's ems business also encouraging with healthcare project. US only 1st clinical trial success so all lari from healthcare? China also have 1st clinical trial success weeks ago..That time no one take it as news. Is it US fart is more incense? Even 2nd clinical trial still have long to go for Vaccine ready.

seem pharmaceutical company have people accumulation due to vaccine news?

@hck1981.. I think you are not expert..The only thing can make this stock fly is approval of the test kit. Yesterday US surge because of optimistic on vaccine found which is negative news for covid theme...See today all health care red..But I still believe in healthcare uptrend have not finish.. Vaccine not so soon can come out. It is the news to make US market go up to uptrend.. covid is not so easy to overcome issue. But the management of mtouche must show their ability to really get this done...If not next time people won't believe this company...

Gemstar, where do you get the information for dksh related to covid-19, do you have any link?

anyone know what is the point for this company to goreng last week? only good result?

any story for this stock? why covid-19 didn't affect at all?