ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.315

Today's Change

-0.005 (1.56%)

Day's Change

0.305 - 0.32

Trading Volume

1,827,100


24 people like this.

14,138 comment(s). Last comment by Kingbeast 23 minutes ago

CUTLOST

4,969 posts

Posted by CUTLOST > 1 week ago | Report Abuse

Bot 31cts

AdCool

3,590 posts

Posted by AdCool > 1 week ago | Report Abuse

You are only looking at the figures for superb years. Prior to Covid, Esceramic PAT was so erratic that there were years it cant even generate 1 mil PAT. Check out 2018 and 2019 PAT. Post Covid 19, Esceramic PAT would mostly ranging around 10 mil. With this 5.5 mil, it would ramp up the PAT to around 15 mil.

chonghai

The diversification is a bad investment. ESCERAMIC is a company with 160Million Market Cap generating rough 40Million PAT annually.
Now they spend 50% of Market Cap to buy a company that only generating 5.5 Million PAT annually.

Dangel

394 posts

Posted by Dangel > 1 week ago | Report Abuse

20cts. is the strong support level for esceram.

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

0.15

Faiza

448 posts

Posted by Faiza > 1 week ago | Report Abuse

this stock if in hibernation, can go deeper than submarine

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

PN17 edy

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

Gg

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

I think can reach 0.2

moneytr33

545 posts

Posted by moneytr33 > 1 week ago | Report Abuse

Damn. This is my greatest loss!

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

Gg. Sell sell sell.

CUTLOST

4,969 posts

Posted by CUTLOST > 1 week ago | Report Abuse

Road to Holland

Faiza

448 posts

Posted by Faiza > 1 week ago | Report Abuse

saw submarine going east

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

Malaysia useless

ValuePrice

107 posts

Posted by ValuePrice > 1 week ago | Report Abuse

when is the EGM...sounds like they are many displeasure with ES Ceramic using this cash accumulated to purchase evermix

Legend

3,844 posts

Posted by Legend > 1 week ago | Report Abuse

siapa sudah kena trap...haha

Epseps

65 posts

Posted by Epseps > 1 week ago | Report Abuse

I m still accumulating good co to invest. Trusted management. I m quite consistent with my investment strategy. Not like someone here daily said diff things. Pusing till I pening

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

Is a not so good investment actually. Somemore is concrete business

CUTLOST

4,969 posts

Posted by CUTLOST > 1 week ago | Report Abuse

Nice ice cream

andytfyap

66 posts

Posted by andytfyap > 1 week ago | Report Abuse

Initially I invested in this counter due to the facts that the company was making profit consistently in the past quarter, and has high potential in making more profit. However, out of sudden the Board and the major shh went and practise bad corporate governance by using most of the reserves and cash funds to acquire a related company owned by the major shh, with 65M cash, and the balance by shares. It means that most of the reserves will go into the pockets of the major SHH. Who will get the money? Not us in term of dividend but the major shh, and even then somebody is very happy with this and considered this is a good company , what is the logic? Insane.

Posted by TreeTopView > 1 week ago | Report Abuse

andytfyap, I think the deal stinks. If was a shareholder I'd be walking out the door and never return to this farce.

zaaz_ri

4 posts

Posted by zaaz_ri > 1 week ago | Report Abuse

The global ready-mix concrete market size was USD 633.4 billion in 2019 and is projected to reach USD 1,227.2 billion by 2027, exhibiting a CAGR of 8.7% during the forecast period. Ready-mix concrete refers to a material used in construction.
https://www.fortunebusinessinsights.com/ready-mix-concrete-market-1032...

Kingbeast

561 posts

Posted by Kingbeast > 1 week ago | Report Abuse

Good business but management fails or. I think the most logic is the company is owned by the owner’s relative or blood line

Posted by StockGodFatt > 1 week ago | Report Abuse

Esceram has started to go up. Sui sui

ValuePrice

107 posts

Posted by ValuePrice > 6 days ago | Report Abuse

I think the current business and levels of profit is good. But the acquisition of Evermix does not look like a good use of all the cash that the company accumulate

Kingbeast

561 posts

Posted by Kingbeast > 6 days ago | Report Abuse

They thought they acquire some growth company like electric vehicle

Posted by StockGodFatt > 6 days ago | Report Abuse

If everyday can go up 2cents it will be wonderful

Posted by StockGodFatt > 6 days ago | Report Abuse

Esceram lai liao sui sui

Kingbeast

561 posts

Posted by Kingbeast > 6 days ago | Report Abuse

Lol. What lai? Lai red ah?

Posted by StockGodFatt > 6 days ago | Report Abuse

Hopefully today close green to maintain its uptrend

Kingbeast

561 posts

Posted by Kingbeast > 6 days ago | Report Abuse

Gg

andytfyap

66 posts

Posted by andytfyap > 5 days ago | Report Abuse

treetopview I will lodge complaints to the authorities on this and dont simply let them exploit us so easily. Should my complaint fail, then I will never get involved in the Malaysian share market anymore.

Kingbeast

561 posts

Posted by Kingbeast > 5 days ago | Report Abuse

Andy, walk the talk..... but if u r a kucimai, don’t think you can do anything.

Kingbeast

561 posts

Posted by Kingbeast > 5 days ago | Report Abuse

Gg edy

Epseps

65 posts

Posted by Epseps > 3 days ago | Report Abuse

Don't be too negative over the offer to buy Evermix. One of the evermix director sold his former business to ES n helped in listing of ES many years ago eventually over the years ES is doing well slowly he did contribute some efforts n do good for shareholders I hope this is a another good acquisition

Kingbeast

561 posts

Posted by Kingbeast > 2 days ago | Report Abuse

Everyone said this counter is good, fundamental, but.... share price not stable at all....... no movement upwards. I only can say, u need to hold for 10 years then you said investing in long term is the way to go?

andytfyap

66 posts

Posted by andytfyap > 1 day ago | Report Abuse

Epseps, ya, you won’t be felling negative as you might not see that the company is using 83m to acquire an equity company with net assets of only 600k

Epseps

65 posts

Posted by Epseps > 1 day ago | Report Abuse

Andy, Im really not very good in figures n reading all the reports. But I do think both accountants Mr Wong n Mr Tan know how to calculate n do business If I invest in ES I have to trust both of them n let them work for me. Haha. Individual view la. This co definitely will not ended like King beast said PN 17. Thats lagi illogical. I think u like to talk facts n same to me

Posted by TreeTopView > 1 day ago | Report Abuse

Epseps, spend some time reading the purchase proposal and report back on any holes you may see.
If you don't see any, then you may want to look again.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id...

Kingbeast

561 posts

Posted by Kingbeast > 1 day ago | Report Abuse

Gg

Posted by StockGodFatt > 1 day ago | Report Abuse

Close green today sui sui. Uptrend intact.

zaaz_ri

4 posts

Posted by zaaz_ri > 22 hours ago | Report Abuse

The worldwide Market for Ready Mix Concrete is valued at 1121.3 million USD in 2020 is expected to reach 2201 million USD by the end of 2026, growing at a CAGR of 10.0% during 2021-2026.
https://www.marketwatch.com/press-release/ready-mix-concrete-market-si...

zaaz_ri

4 posts

Posted by zaaz_ri > 22 hours ago | Report Abuse

For a company with 3 to 5 years of experience, 10% to 20% can really be a good cagr for sales. On the other hand, 8% to 12% can be considered as a good cagr for sales of a company with more than 10 years of experience into same business.

zaaz_ri

4 posts

Posted by zaaz_ri > 22 hours ago | Report Abuse

Nitrile Gloves Marketsize surpassed USD 22 billion in 2021 and is estimated to exhibit over 8.9% CAGR from 2022 to 2028.

Kingbeast

561 posts

Posted by Kingbeast > 12 hours ago | Report Abuse

2030 esceramic price still 0.35.

Yawnnnnn

andytfyap

66 posts

Posted by andytfyap > 9 hours ago | Report Abuse

Kingbeast,
Without prejudice, in my opinion this might be due to poor corporate governance being practiced and investors lost confident in this counter. A very good example is that when huge profit is being made, the Management will try to take away the profit out of the company for the benefit of certain intended parties, and those investors who invested in them based on the outlook of the performance of the company will be victimized and suffer losses in the end, end up having no dividend received, pricing keep going down etc.

Kingbeast

561 posts

Posted by Kingbeast > 23 minutes ago | Report Abuse

That’s why this counter is not likeable. Local chinaman mindset. They don’t even care about their share price as not many investors. True story.

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