https://uspirg.org/news/usp/report-nursing-homes-endure-massive-ppe-shortages

A waiver of custom duties and VAT due to the increase demand of worsening covid situation in Europe . Will this result an increase in ASP for glove and medical equipment ? If yes glove factory will have another round of explosive financial result in upcoming quarterly report

https://ec.europa.eu/taxation_customs/covid-19-taxud-response/covid-19-waiving-vat-and-customs-duties-vital-medical-equipment_en

Covid reporting new record of daily 500,000 cases , fund will flow back to recession proof company. What kind of business in earth can generate huge income now ? Glove business is unaffected by political , pandemic and economic issue..wise to go in before banker fund flow in

Good to collect now as banker collecting 3.52 last half hour, follow the banker never go wrong

https://www.cnbc.com/2020/10/28/germany-announces-new-covid-restrictions-france-braces-for-more-as-virus-surges-across-europe.html

The Private placement at 3.60 is a good sign as normally the investor will keep the investment for a certain period as they foresee the good prospect of the company. I dun think even they want to let go at 4.00 as it only represent a 10 % profit for the taker. In the long term it is pretty good for the company as it raise fund for the expansion without asking money from existing share holder. Could the private taker being inform that there is a bonus issue in future to make the deal more attractive and ensure that the private taker keep the share long enuf? Probably only the boss Mr Lim can answer this question . Anyhow will foresee the price will be push up after the wash out and minor correction.

Wash out not finish today no show

Either way is correct but end result price will be going up..for late entrant it could be the last chance to buy in 3.70 ++ level

After finish wash out all day trader contra kaki will ramp up after 4 pm

Scare and shake out contra player?

Correct , correct ..it is extremely cheap and under value

Good , price inch up slow and steady and ramp up last hour of trading

Wow, glove is like hot cake now

Yes absolutely agree ..will hold it till next Quarter

If got bonus announcement will fly sky high

Today volume shrinking , no big buying and selling ...wait afternoon if volume back

Stock is a game of probability and not guessing ..guessing is like gambling in casino. With the solid growth prospect of Careplus , the return is definitely come if you have the patient

https://klse.i3investor.com/blogs/HumbledInvestor/2020-10-25-story-h1535451843-_Humbled_Investor_Careplus_Actual_performance_that_exceeded_market_expe.jsp

The seriousness of covid-19 pandemic is hurting the Dow market but it is good for the glove industry to have another round of explosive profit

https://www.cnbc.com/2020/10/26/average-daily-new-coronavirus-cases-in-us-hit-all-time-high-as-health-officials-warn-exponential-spread-is-coming.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Slow slow drop till 30 sen maybe can consider ...

https://www.klsescreener.com/v2/news/view/744895/higher-funding-for-healthcare-sector-under-budget-2021

When the market turn up , buyer will rush in to buy back the share due to extremely low P/E and high ROE of 43% return. Market will adjust the price eventually .Irregardless of political unstability glove still in need of high demand due to covid pandemic . In this sense if our Ringgit drop further will be good for glove export as more ringgit amount receive as a result of higher exchange rate. So this is the benefit for invest in export orientated company even though we pay more for goods import from oversea.

Bunch of political crook create unstability of the market , hope that our Ringgit will not drop much as otherwise we will be buying expensive goods from oversea

Whole market sentiment no good , slowly build up the base at around 3.70 and collect enuf should resume up trend

How can retailer limit up the price? Only banker and operator laa...

Covid is getting worse and glove demand is getting more..I believe there are smart investor who can see the value and growth potential of the company. People who comment negatively and ignore the fact will end up sore loser in the market

https://www.malaysia-today.net/2020/10/25/us-sees-record-covid-19-numbers-for-second-day-straight/

Careplus will fly and limit up tomorrow

If banker collect enuf chips no reason will let the price plunge down with the good profit announced on Friday unless they want to accumulate more before ramp up then they will shoot it down to collect . Personal opinion they have collect enuf and price will be shooting up

The chances of the rulers approving a state of emergency will be low considering that many people including the T20 invest indirectly in the stock market through EPF, PNB, TH. Investors who are expecting glove stocks to plunge down on Monday will be disappointed.

There is no 100% certainty in stock market but if the big fund play reverse psychology pushing up the price to attract the market attention to focus on this particular counter then all of us huat ah..

If selldown happen on Monday then it could be the last opportunity to buy below 4 before the train start moving .

Our politicians are all self serving and selfish never think of problems face by the rakyat and the country economic situation., good at findig crook way to hold their position

Last Friday if not because of negative news on emergency ruling the price already being push up at 4 level . The price not being defended as the news of QR report not out yet

Gloves are in great demand worldwide and Covid infection rising second wave worldwide as confirm by WHO. Gloves counters are still the best and the most profitable business in this century Covid pandemic . Careplus is the most undervalue company with the lowest PE of 25 among all the glove manufacturers .The boss Mr Lim acquired the share at RM 5.20 b"cos he know well the great potential of his own company.

https://www.theedgemarkets.com/article/maxis-careplus-unisem-mi-technovation-tasco-uem-sunrise-airasia-aax-mahb-key-alliance-vsolar

With the new record of covid cases worldwide and home Malaysia , the demand of glove will be increasing and ASP price will increase sharply resulting even higher profit next quarter

https://www.malaysiakini.com/news/547928

History will repeat similar like price hike when second quarter result announced on 25th July and the price fly from 27th July RM 3 to 4th Aug RM 5.83 . Moreover last quarter result is only 36 million net profit inclusive of one off gain on Anseel disposal .Now it is higher net profit of 42.8 million generated purely from glove sales alone. Expected it can break the previous high of RM 5.83 this round next week

Absolutely agreed that forum is use to share info so that everybody can benefit and make the right decision to make money..I like Carplus over Comfort is due to Careplus aggressive expansion growth plan and major in surgical / medical glove production which capture a higher ASP price compare to industrial glove . Comfort major production is industrial glove use in the industry sector but their strong point is EPF invested in this counter. Careplus production efficiency / yield use to be rated lowest in the glove sector , partly due to their Brazil office is running lost all the while . This could be why institute fund are not interested in this counter previously but with partnership with Anseel the efficiency is greatly improved therefore resulting the tremendous profit improvement apart from the higher demand & ASP in the covid pandemic. Furthermore the company has take over 100% share ownership of Brazil subsidiary from the Brazilian shareholder , this is contributing the profit once the subsidiary is turn around.The other plus factors are Careplus might have the plan to offer bonus issue , move to main board and with the fantastic result of last 2 quarters , it might attract the eyeball of investors and back to the radar screen of institutional fund . These few positive factors make Careplus my single investment in Bursa and let's hope that Careplus can deliver in near future so that everyone can make money from the stock. Good luck to all Careplus faithful investors

Disclaimer : This is not a buy or sell call

After deducting the Anseel disposal profit 15.4 million last quarter the net profit is actually 27 million generated from glove sales but 3rd quarter profit is 43 million meaning that the profit generated from glove production is double in one quarter . With the new lines to be install and increasing of ASP price due to a second wave of covid, the next quarter profit will be more than 43 million . Conservative forecast that it will be around 60 million by 4th quarter . The present price is definetely undervalue.. .

With PE ratio of 25 is the most undervalue glove stock listed in Bursa

An impressive quarterly net profit of 43 million of EPS 8 sen , foresee that it will cross over Comfort price in next week. By year 2021 when all new production lines are install it will be a black horse leading the rest behind top 4...

Heading towards level 5 today?

Fantastic result out tomorrow ?

the past 7months of pandemic really bare it all. the following sector take the hit like no one's business:

banking -harder to lend money, unclaim loan, business struggling to pay
hospitality -loss that may not recover, more hotels close than open
airliners -one the verge of bankruptcy, world wide.
manufacturing -low output, no sale, no revenue
energy- factory low capacity & shop close, less energy use.
oil and gas -no end in sight,massive layoff worldwide.
property -gluts everywhere, unsold units, more condos but no buyer
construction -need vaccine for workers to work,definitely not until 2021
.
.
.
u can list it.

in BURSA the only bright spot with REAL revenue and profit, is GLOVE sector. its also a business thats so easy to understand. try BANKING sector, i bet not everyone understand loan impairment loss.

BURSA unfortunately doesn't have diverse tech sector which investor can ride on, for that u have to go outside. really, the brightest star is GLOVE. say what you want, until only after vaccine is found and 50% world population are inoculated, it is still GLOVE that will be making REAL MONEY. be a smart investor, ignore the naysayers.

DISCLAIMER: this is not a sell/buy advise. pls do your own research.

https://www.thestar.com.my/news/world/2020/10/21/europe039s-hospitals-under-major-stress-as-coronavirus-cases-surge

https://www.thestar.com.my/news/world/2020/10/21/five-south-koreans-die-after-getting-flu-shots-sparking-vaccine-fears