Remember that the golden rule when peoples are greedy you need to be fear but when peoples are fear you must be greedy

Supermax retrace 25% from 9.00 to 6.80 and now power up to 22 and Careplus retrace from 25% at 4.30 from peak , interesting to watch if Careplus duplicate Supermax power up trend after similar retracement

Vaccine or not vaccine , glove still need to be use. Furthermore vaccine need time to test on animal or human being for possible side effects before mass production

last time announcement of acquisition of worker hostel share price limit up , now announce on factory building purchase , will the same pattern repeat ..

New lines to be install progressively in the new bought premises so growth and increased in profitability of the company is foresee so if you believe the production volume to be increased from present 4 billion to a target of 8.8 billion eventually , so why hurry to sell just buy and hold to enjoy the fruit of expansion

I think Mr Lim is the major stake holder of the company and he manage and run the factory operation....please correct me if I am wrong

Owner know well on his company value and performance ..so what confidence you still want to invest in this company ?

https://malaysiastock.biz/Company-Announcement.aspx?id=1248930

Under normal correction and director see the value of the company keep buying

Good opportunity to buy as last few days volume pretty low indicate that banker yet to unload and it need to retrace first before next ramp up

It will be miracle if break 6 today

Gap up to 5 early morning?

could issue bonus and same time move to main board

Cut loss and lose hefty amount in this ctr and invest in Careplus now enjoy miracle few times return

Will hold this stock for long term investment due to the expansion growth in 2020 and 2021..

The cheapest glove stock Careplus with lowest PE today will be more than 6 to gradually catch up with Comfort & Rubberex

If MCO again then no choice everybody will buy share to make a living

With this pc of news , it reinforce my decision to wait for another opportunity to enter

On August 1, about 20,000 people took to the streets in Berlin, Germany, to protest the government's measures to prevent coronavirus, including social distancing and wearing masks, and criticised the government for infringing on people's freedom and rights.

The demonstrators are high on slogans such as "End the Coronavirus panic immediately and return the basic rights", "We are the second wave", "Natural epidemic prevention instead of vaccination", "Throw away masks", "We are forced to wear masks" and other slogans, demanding immediately To end the current epidemic prevention measures, some chanted "Isolate Bill Gates and Merkel."

But because many participants did not wear masks and were unable to maintain social distancing, the Berlin police dispersed the crowd in the afternoon and filed criminal proceedings against the convener of the parade.

According to Berlin police estimates, the number of participants in the parade reached about 20,000 at the peak.

Caerplus register a 2000% increase in Q2 report but what if the 7 million losses of Notion is reported in next Q report. Director disposing share in July means that the losses could be real. Better wait first before jump in the wrong ship

How about face mask sector , just wonder if this is better than glove business?

Thx for info , I think just waiting for the dust to settle first due to huge volume last Thursday and price approaching resistance level , investor might sell down like previous ramp up and volume can be absorb is questionable. Maybe consider again after quarterly announcement on the 7 million loses before investing

https://www.nst.com.my/world/world/2020/08/613279/who-covid-19-pandemic-will-be-lengthy

Wow , second liner Supermax glove Careplus in the making...hope that the gap up will happen soon when it break 4

Another factor on dispressing share price is director keep disposing in month of July 2020

Based on past record , Careplus can ramp up very fast at a lightning speed ..will 10 by end of the year or earlier ? A million dollar question...let Mr market trend to decide...

Why such a huge loss? No wonder price could not ramp up as compare to their peers like Dufu , Viscon...Got to agreed that the face mask business come abit late as mass production being started in China, Mexico...furthermore this is low end product which everybody can start up the business

AS the present economic scenario , glove industry could be the main pillar for Malaysia economic as crude oil is fall to the low level so I believe that the government will not allow bank to reimpose price cap again but however if this is happening again due to independent of bank policy , it could be the best opportunity to collect at a lower cost. Just my 2 sen opinion..

Any idea on the profit margin as compare to glove

Good chance that next week will break 4 ...

Good advice and may look into it after this round of correction..need to consider is the profit margin range between mask and glove as both are consider good demand in covid pandemic

Glove stock will have a super bull run due to the huge demand..the best opportunity to make fortune once in a lifetime , never happen before...

https://www.malaysiakini.com/news/536930

https://klse.i3investor.com/blogs/gloveharicut/2020-08-01-story-h1511470218-Hartalega_says_its_priority_is_to_support_existing_customers.jsp

How long is HIDS vaccine be develop , not even until today so be optimistic and no worry on the vaccine factor

Brazil is the major market for Careplus so the glove demand will be more and more..price of Careplus will be higher and higher..

https://www.thestar.com.my/news/world/2020/08/01/brazil-adds-over-1200-deaths-from-covid-19#cxrecs_s

@ SinGor Careplus is going to increase 11 new lines using their existing warehouse converted into production floor and capacity will be increase to 6 billion from existing 4 billion by end of 2020. The total number of lines is 50 lines include the new lines to be install in year 2021 which the total capacity will be increase to 8.8 billion .Smart investor will judge the growth of the company in view of the increase in production capacity. The recent purchase of a hotel will be converted into workers hostel in view of the commited expansion. What other company or business can offer such a solid growth in this covid pandemic time ? Construction , banking , retail or consumer industry? The JV with Ansell which have a worldwide distribution channel will boost further on the marketing to new territory and not to mention production of patented surgical glove for Ansell itself. I believe with all this positive development , the price will overtake Comfort & Rubberrex in the near future.

will need to digest the big volume first as observe from previous 2 big volume hike , the price is trend down to digest the huge increase in volume

Vaccine will take time as it need to test on animal first with no side effect then only tested on human body for at least 6 months to monitor on any side effect. From now until half of next year is safe to hold glove stock. For eg , Harta is reported next 9 months is clearing order backlog only so present demand will rush to other glove factory , Careplus will benefit and enjoy a higher ASP for glove selling now which result upcoming higher quarterly profit . Heard that Harta will announce quarterly report on 4th August , any sifu can confirm on this annoucement?

Part of Big 4 counter fund flow into second liner now , this is the reason why share price keep going up..

A second liner Supermax in the making , look to set target price at RM 15 - 20 in year of 2021. Will hold for long term investment in view of the increase in capacity

Huge volume on 2nd July and 22nd July price spike and follow by sell down..will Thursday huge volume follow the same down pattern?

Good sign that Careplus is corner by banker and up to them to tag the price..anyhow the potential is great for this company

Careplus will gap up and limit up tomorrow ..

https://klse.i3investor.com/blogs/gloveharicut/2020-07-26-story-h1510750362-Health_minister_admits_UK_could_enforce_hand_coverings_with_GLOVE.jsp

Eventually it will take over Comfort price

Most likely is a & b, c is very unlikely as the news is solid and not base on rumour

Careplus is NOT A GORENG STOCK

When Calvin saw Gpacket gone limit up from 50 sen to Rm1.40 on rumour of JV with tencent to give digital bank licence I straightaway posted warning there

And then they even GORENG gpacket up to the high of Rm1.60 before it plummeted down below 50 sen.

Gpacket was hot air and pure GORENG

But Careplus is no GORENG

It is based on Rock Solid Production and sale of medical gloves both in Malaysia and South America

4 billion real medical exam gloves being produced and sold out. And will increase to 8 billion next year

So it is concrete effort by Management working thru sweat and blood to make Careplus a success

See the immense muscle and strength of a Cheetah outrunning it's prey to capture food for it's young

At 93 km per hour no other animal on land is able to run faster than a Cheetah

https://www.theedgemarkets.com/article/polish-gloves-maker-mercator-medical-sa-sees-3277-stock-rally