if 0.5, i will buy 50 share lots to average down my holding now. 0.5 would be a steal since ESOS at 0.615. Cheaper than what the staffs and directors can get. hahaha.
Kuring2, if u stuck at 1.90 and bought double the amount of shares at 0.5, your average would be around 0.97 which is a possible price to break even or even make profit after 2 quarters of significant growth and profit on Esceramic. Just TP 1.50 for EPS 6.0 x PE25.
Whatever happened last week was pure goreng and not fundamental. Fundamental wise would depends on the coming results as Esceramic yet to reflect its better results due to covid 19. The boss would be silly if he doesn't increase the ASP too since all his clients are reaping significant profits.
To me, fair price for this counter is 78cents. If it really goes down to 50cents, I will consider to buy in. I like the optimism here. But have to factor in the risk, this is a glove hand former company , not a glove company. Glove company sold 2 billions gloves doesn't mean that Esceram will able to sell 2 billion hand formers .How often they need to replace a hand former ?
kuring2, that is only based on my calculation and only if Esceramic deliver good results. we never know how the bosses play. may release a poor result in Oct 2020 to depress the price again.
catalan, hand former can last from 12 months - 18 months depending on the usage. Looking at how the glove companies been operating non stop and full production, their former mostly would be wear and tear by 12 months. So now the questions to ask:
1. How much more would the glove companies order in order to replace their wear and tear former? 2. Would the glove companies increase their stocks of former in order to avoid the delay of supplies of former? 3. How much more former would glove companies order for their existing and future expansion? 4. Would Esceramic increase their former price and to what extent? 5. What is the current lead time of waiting before the glove companies receive their former? Is it still maintaining or need to wait much longer? 6. Is there any avenue for Esceramic to expand its production of former in the short and mid term? Can the production be ramped up to 95% utilization now?
The CEO has been quiet as a mouse and did not update anything about the above at all.
AdCool, hehehe noted.no prob. im ok.. naik im happy, turun also i will happy (can average down).. never feel like this before.. only with esceram i can feel this.. others stock when the stock goes down, my leg shaking..hehehehhe..
A domestic investment & securities company has decided to cancel Contra Trading on medical and glove stocks. Affected by the bad news, glove stocks plummeted, taking care of the top 10 decliners.
Hasil penemuan dari Institut Penyelidikan Perubatan (IMR) mutasi jenis D614G telah dikesan daripada ujian pengasingan dan kultur virus COVID-19 untuk tiga (3) kes daripada Kluster PUI Sivagangga (kontak rapat kepada kes indeks) dan juga satu kes daripada Kluster Ulu Tiram (iaitu individu daripada Filipina).
Buat masa kini, kedua-dua kluster ini didapati agak terkawal hasil pelbagai tindakan kawalan kesihatan awam yang pantas di lapangan. Ujian awal dan beberapa ujian susulan sedang dijalankan bagi menguji beberapa kes lain, termasuk bagi kes indeks bagi kedua-dua kluster ini.
Walau bagaimana pun, masyarakat harus berwaspada dan lebih berhati-hati kerana virus COVID-19 dengan mutasi D614G ini telah terbukti 10 kali lebih mudah menjangkiti individu lain dan mudah merebak sekiranya disebar oleh individu ‘super spreader’.
Mutasi D614G ini ditemui oleh saintis pada Julai 2020 dan berkemungkinan akan menyebabkan kajian vaksin sedia ada tidak merangkumi atau tidak berkesan terhadap mutasi ini.
Apa yang perlu kita lakukan pada masa kini adalah dengan berdisiplin menagamalkan SOP yang telah disarankan seperti penjarakan fizikal, kebersihan kendiri yang tinggi terutama mencuci tangan dengan air dan sabun, serta memakai pelitup muka terutama di tempat awam, tempat sesak, tempat tertutup dan ketika sembang jarak dekat.
Situasi terkini COVID-19 didapati masih terkawal dan KKM serta agensi-agensi lain masih berusaha membendung penularan COVID-19. Kerjasama masyarakat amat diperlukan agar dapat kita sama-sama memutuskan penularan jangkitan COVID-19.
Mind you if EPS 6-8 and PE 20-30 What is the TP for Ice cream ?? I have faith in this company future For the next one to two years this Ice cream is loaded with alot of orders since mostly all the gloves company doing expansion plus new gloves company venture into this business
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sneakpeek
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Posted by Sneakpeek > 2020-08-14 10:38 | Report Abuse
Luxchem on the other hand already slow a a bit coz near its normal. 70-80cents price