Still stubborn at 0.60 ...not breaking it again

hehe...albert, what is your portfolio on hand?

Come on , join me at careplus

Gearing is basically debt / equity ratio. They are measuring the amount of debt compare to shareholder equity. Most of the time, a gearing of 1 and above is consider heavily debt. below 0.5 is good. But this differs from sector to sector. Gearing in construction will be high compare to technology/services.
A growth company will also have higher gearing cos they need to borrow more $$ to expand and start up the business.
Careplus gearing is about 1. Consider quite high, so the cash flow is very important to ensure the company is not overstress.

Nah, day trade don't work...even short term trade don't work. u get lucky every now and then but its not working. Been there done that.

Of course, that's investing...u go in, loss 2 cents, then make a hu ha...how to survive...even drop 10% not need scare if you know what you are investing in... good one BWC (buywithconviction)

go in 2.50, now is 2.48, how to game over? Only 2 cents nia...no impact at all

The central or south America customer. They did not mention if its Brazil. I think Brazil is one of its subsidiaries customer.
Central and South America contributes about 76% of total revenue
This customer A contributes about 73% of total revenue...imagine how high risk is this. But high risk high return if it manage to grow and capture more market share globally

so nice...25k can become 140k...
come, don't fight at superman, join me at careplus...we care for u

they will just say the workers will be sent for intensive training and we all know that production is like that, takes time to stable. I am not worried about that.
I am only worried about their cash flow and high dependant on ONE customer. about 70% ++ of their revenue depends on this one customer

we learn from each other...just that we need to talk from facts, more helpful
Careplus still inching up slowly, see if it closes above 0.60

We are special, just like everyone else...haha..
Sarah, what is ur target price for careplus? Right now already break 0.600, let see if it close firmly above 0.600.
I am targeting 0.70 in near term and 0.80 further down. Just my opinion only.

Sam Wong, now is 0.610 liau, how u going to buy at 0.4x ?? Careplus balance sheet unstable right?

Sam Wong, a quick test to see if u really understand careplus balance sheet

What is careplus gearing right now?? simple question

Sam, u sell liau, then u start saying bad things about careplus...haha
We need facts and figures, not vague statement. your statement basically tak ada ummph...no value

1. profit unstable, balance sheet terrible => pls provide the numbers
2. Share price up temporary cos USD. => Pls see USD vs MYR graph, then tell me why u think its temporary

Sarahdeaton, the north wind I heard is hartalega and you are right on its production line. Even the management admit that the workers are very new and need to undergo intensive training. They just added 5 new production lines last year and that is the cause of production issue. Take over price is around 0.75 to 0.80

Also careplus new plant 2 which should be ready by this year.

Sam Wong, what makes u think its overpriced?
1. PE too high?
2. Book value too high (price/NTA) ?
3. Cash per share too high?

Sam, all the values above varied in different sectors. you cannot use technology stock PE and use it to benchmark Glove maker...not the same.

Average PE for glove is 22. Hartalega is having PE 40 but why still moving up strong? U see Globetronics. NTA is < RM1 but the price is RM6. Book value is 6x !! Expensive or not?

u need to compare among peers and see the average value in that sector. That is why I use PE 22 as the benchmark for glove makers

Yes, Chris, oh, so your price is before the bonus issue...very nice. Congrats, its great profit and u stil continue to hold...

Ivan, yup. That's a nice number. So hopefully careplus is taking care of us ya

Ivan, I think u mean 180 lots? u always confuse between units and lots

Sam Wong, yes, I am trying to use my mangekyo sharingan but no effect. Careplus don't react to genjutsu.
So no choice but use Chidori to make it go up again...BUY before Chidori push it much higher..

By the way, trade at own risk

Nice nice....0.595, going to retest 0.60..

Sam wong, faster BUY !!! SAm wong ah...come BUY now..

no one care to join me at careplus? maybe u guys can buy some at 0.570 tomorrow? hahaha

Chris, 0.53 till 0.575, where got 50% profit?

purple elmo, geng... so accurate u sell at 0.605

SAm Wong, yes, its good u sell... wait to buy in again right?

Ivan, haha..well, I cant really advice, I am just waiting for its quarterly report, then only I can decide what to do

HAha...drop liau..who is selling this lady here? 0.575 and counting down !!

I am still holding

Haha...albert, cool down, so funny la...
just think how far superman can go and just buy in and then keep it until it surpasses its value...
Don't get so angry with mr Cool

hello Ivan, nice to see u here, already finish your call warrant trading?
welcome to Careplus, hope u pump in some $$ at 0.580

Seems like this girl a bit malu at 0.60, reject my advances ... so no choice let it cool down a while before start putting the bait and fishing again...

so Ivan, u into Careplus?

yup, I think its courting around 0.60 for a period before the next movement. Lets see afternoon how...

A bit bitch slap at 0.60 ... just pretend pull back a while. like a girl rejecting a guy's advance...pretend not to want his love...
lets see if break out from 0.60, then will be nice love show

BRC...yup, confidence...that's why I pump all in to careplus at 0.535....
And yes, I am looking at growth company...

Nice one apanama,
Too many ppl hiding behind religion for personal agenda and gains...then when ppl question them, they will bring up religion and say, Don't question ! Or else, we will wage war against u...so...
But I believe, there will be judgement, because there is a God. These corrupted and evil people will have their days numbered.

But I still love stockmarkets....value investing, invest in strong growing companies and quadruple our money...then use it to help the needy and pay some tax to umno

closing at 0.60. Not bad...but tricky situation sitting exactly on resistance level. 0.60 could turn stronger resistance or becoming a support. Its critical now.

BRC, in this case, what is your technical view on careplus?
I usually see simple moving average 25 and 50 days, key resistance and support level, ascending/descending triangle. Pennant and flags are hard to identify.

PPl likes to share success story. Hit and run does bring good $$, but more often, hit and run traders end up losing $$ in long run.
BRC make a sell call in Hartalega forum but I hold and sold it much higher.
I am not saying he is bad, but just that do take care of traders who make buy or sell call.
Anyway, congrats to BRC for his profit

Fundamental definitely is the best approach, that's my opinion la...

As expected, careplus is retesting 0.60 resistance. Once breakout, we will go to 0.70. in longer term, if the financial report is good, 0.80 definitely in view...
just my opinion. Lets see if today close above 0.60, then we go up ya

ggmalaysia, better in terms of?

Haha apanama...going to Tibet instead of Saudi?
Its a shock and sad thing that the fight against terror is not easy and is not going to win.

KLSE rebounded quite strongly. I think ppl really anticipating the value cap and hopefully it does not disappoint. So far still holding Careplus and it is testing 0.60 resistance. if it breakout, lets eye 0.70 maybe

bullruncoming, I recommend careplus...care to join me?

For careplus, the debt is high, due to expansion. Revenue already hitting record high in 2015. Net profit as well. Need to take note on cash flow. So far still positive.

If we assume next 2 quarter earnings per share are the same in Q2 2015 (0.72 cents), then the current price of 0.585, the PE is about 18.4. Glove sector average PE is 22. So assuming it hit PE 22. Careplus should worth exactly 0.70.

From technical chart, since it break out from 0.55, I am seeing it will reach 0.70 in near term.

Disclaimer: buy or sell at own risk

Disclaimer, this is only my evaluation. Not asking anyone to buy or sell

Madguy,
I did not study supermax, so I am not sure if we can keep for 4years..but the license seems enticing. need to study more, so I cant advice really

For careplus, the debt is high, due to expansion. Revenue already hitting record high in 2015. Net profit as well. Need to take note on cash flow. So far still positive.

If we assume next 2 quarter earnings per share are the same in Q2 2015 (0.72 cents), then the current price of 0.585, the PE is about 18.4. Glove sector average PE is 22. So assuming it hit PE 22. Careplus should worth exactly 0.70.

From technical chart, since it break out from 0.55, I am seeing it will reach 0.70 in near term.

Disclaimer, this is only my evaluation. Not asking anyone to buy or sell

Ok, nicely break 0.58...0.60 next resistance before the strong one at 0.70

wow...seems like I missed superman so much...missed all the actions.
I bought harta at 5.20... sold 5.70 this morning and switched to careplus at 0.575.

Now inject more $$ to my account and waiting for next buy,.
Supermax seems to be one of the cheapest glove stocks around <20.
US fund holds about 5% of the shares and they got the license for Europe market.

So tomorrow morning trade going to shoot up high, don't think I can catch it on time...got to wait till 1030am for it to settle down abit...

Those who hold today most likely going to gain big tomorrow morning again...

I sold my hartalega at 5.70 and bought into careplus at 0.575

Apanama, please help clear careplus 0.580 volume ya...

sold at 5.70 and add more into careplus at 0.575

i think accumulation going on at 0.575, 0.580 high volume resistance as prevention of price cross over. A lot of buying and selling at 0.575. So, if break 0.58, then nice show

Careplus will hit 0.70 by end of this month? Finger cross

See u at 5.7 tomorrow ya

don't go against the trend, O&G, plantations, properties, airlines are No no for me. why need to fight the scale of economy? there will be rebound here and there (SK Petrol, bumi, EUMS, FGV, etc) but u cant catch on rebound.

Last year up to next year will be Tech, gloves and export companies. RM start to nose dive Q3 2015, so next year earnings will be good compare to Q1 and Q2 2015. So, export companies financial report will be pretty in Q1 and Q2 2016. However, that might not translate into share price as the share price might be priced in already.

Mr Ong, now u bet HK up pula...u r dramatic...good good, got drama got fun...but drama don't bring u $$ wor...

Wei jie, tomorrow high possibility down wor.....

Haha...Ong survive the KLCC fall....not so sure about tomorrow ya

I notice several ppl here who are different from normal investor like me
apanama and Fund Manager. Yes, I know many ppl don't like FM but base on his track record, yes, he is accurate and both of them don't speak like normal investors.
The best normal investor award goes to Wei Jie (the tomorrow up or down guy) and Ong (the KLCC guy)

TB, how u drink so much coffee in a day??
I love coffee but I limit myself to 2 cups a day. Café Latte is my favorite. Vietnamese coffee is the best (but I cant find the similar taste in Malaysia)

Really hard to predict to go up or down....go hentam small cap stocks. Last time I targeted HH group at 0.45....but I sold at 0.37...now 0.705 liau...celaka...so this time I hold my careplus tight tight. bought 0.535, now at 0.56. Hoping it will hit 0.80 again.