MickeyLU..bonus entitlement will usually take 2 months + so let's say the ex-date will be around Nov. Next qtr report shld be out by end Oct. So he game plan will be to push the tp to above RM2 before end Oct, then announce record breaking profits, followed by announcement of ex-date. Bonus share split will halve the price to > RM1 and free warrants as booster we will ride this rocket to the moon
Only with Rights issue that you have to subscribe and apply. Bonus issue is auto as long as you hold the shares past ex-date. The bonus shares and warrants will then be credited into your accounts.
Hamster, I think Monday no more 1.32, my guess will be 1.45 start price. Just get ready your bullet to move in anytime ard that region pricing. Huat glove counter, Huat all.
Something great is about to happen. ...Limit up counter, bonus share split, free warrants, proxy to hot stocks glove counters, dividends announcement, .... and soon to be listed in Main Board
China's vaccines for COVID-19 will be available and affordable to people worldwide, said Liu Jingzhen, chairman of China National Pharmaceutical Group, in Beijing on Thursday.
Russian have stole the China vaccine thunder. Even now....Indonesia...Brazil....Phillipine courtesy from China is actually undergo Phase 3 testing...it will take 2 months to compile result.
Meanwhile Glove sales will still growing exponentially..
Vaccine will be next year story. Not easy to rush like this and before 100 percent assured, u think can simply sell at market and inject people! Ridiculous.
@DickyMe "These vaccines are scam! Shame of governments to exploit pandemic for profit."
803K death worldwide are tested positive for covid, zero death worldwide are because of covid. All the worldwide panic, hysteria and paranoia simply because zombies worldwide doesn't full comprehend english. All the more reason to bring back the education system and abandon the current indoctrination system.
ESCERAM: Manufacturer Of Hand Formers For The Rubber Glove Industry Which Will Certainly Benefit From Rubber Glove Manufactures Expansion!
1) Proposed Bonus Issue 1:1 & Free Warrant 1:1 @ 19 Aug 2020 2) Declared interim dividend 1 sen @ 21 Aug 2020 (Ex-date 9 Sep 2020)
After Supermax and Topglove announced bonus issue to reward shareholders. On 19/8/2020, this is a big day for another glove related sectors: ESCERAM to announce proposed bonus issue with free warrant on the basis of 1 Bonus Share together with 1 free Warrant for every 1 existing ES Ceramics Share held on an entitlement date to be determined and announced later. This is really a big surprise to see ESCERAM so aggressively to reward it shareholders!
Prospects of the Group
“As the COVID-19 pandemic is unprecedented, the global demand for rubber gloves which extend beyond healthcare is expected to surge in the foreseeable future in response to the COVID-19 pandemic. In view of the rapid increasing demand, rubber glove manufacturers are ramping up production as well as setting up new production lines as an attempt to fulfill the increasing demand. In such instances, the Group is well-positioned to capitalise on the plant expansion as the Group are able to supply its ceramic hand formers to the rubber glove manufactures.
As a manufacturer of hand formers for the rubber glove industry, the Group is poised to benefit from such rapid expansion of production lines and increased production of rubber gloves through the sales of ceramic hand formers. In view that the demand for ceramic hand formers remains favourable in the foreseeable future, the Group expects its future revenue and profitability to further improve in tandem with the increasing demand for rubber gloves.”
=> The management of ESCERAM is giving very good hints that company will earn big with this super cycles for glove industry due to Covid-19 pandemic. All the existing glove manufactures from Topglove, Harta, Supermax, Kossan, Rubberex, Comfort, UGHealth, Riverstone, SriTang Glove in Thai etc… (also a lot of new companies announced to involve in glove manufacturing as well) are aggressively involving in production lines expansion or setup new production lines to cater the overwhelming demands of gloves. Thus, ESCERAM as the main supply of hand formers to all these glove manufactures will be the last one who will be benefit very much from this super-cycle in glove industry!
=> Proposed of Bonus Issue and free Warrant together with increase of interim dividend from 0.6 sen to 1 sen is another good hint from Management that the future of the company is as bright as sunrise in the morning!
@hamsterhuat yes, my call is sell now and take profit. current price is already over price. the PE is ridiculously 112 base on its last qr. are you sure the coming qr will able to bring down the pe < 10? such penny stock company how to value it with PE > 100
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Allenlee
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Posted by Allenlee > 2020-08-21 19:50 | Report Abuse
This show tat ES is making very good profit n expecting few quarters results wil be superb