Posted by AdCool > 2020-09-03 10:17 | Report Abuse

MickeyLimitUp Good morning GREEN MARKET. Dow Jones up +454.84 wow... this trump is really insane... Market will rally up again today... Happy trading guys
03/09/2020 7:39 AM

That would mean DJ would drop like mad after the Presidential election in November since it is artificially pumped up these few months.

Posted by Flyinghorse > 2020-09-03 10:32 | Report Abuse

Red. No support. Slowly dropping.

Posted by MickeyLimitUp > 2020-09-03 10:46 | Report Abuse

Why no energy liao? BI should come 2nd/3rd tier counter and push the counter as it is still cheap. A lot of space to up.

Posted by AdCool > 2020-09-03 11:29 | Report Abuse

no up and no energy because the hot goreng of gloves counters is already over. Now all back to fundamental.

Posted by ConfirmKaya > 2020-09-03 11:49 | Report Abuse

https://www.theedgemarkets.com/article/rubber-glove-makers-pharmaceuticals-fall-profittaking#.X1BmckTKulI.facebook

Posted by AdCool > 2020-09-03 11:56 | Report Abuse

For those who bought above RM1.80, you guys would need to wait for 6-9 months to break even provided Esceramic reports continuous better results for the next 3 quarters. If only normal results, then you guys are trapped in it forever.

Posted by Mini Bull > 2020-09-03 12:23 | Report Abuse

RM1.60 should be fair value PE20 with eps 8, but not sure after bonus issue. may be trapped for ever who bought RM2++

Posted by AdCool > 2020-09-03 12:56 | Report Abuse

Bonus issue just split your one share to two. So if the share price at 1.60, it would just adjust to 0.80. Your absolute value still the same as now you would have 2 shares value at 0.80. that would give u rm1.6k. for those who bought above 1.80. you would need to wait for the adjusted price to reach 0.90 to break even.

I'm estimating this based on 1.60 before ex date. If the price lower than 1.60, then the adjusted price would be lower too.

Posted by shrewdinvestor > 2020-09-03 14:45 | Report Abuse

The capacity utilization has definitely increased as more orders. Results for 4th Q will definitely be good. Otherwise the Directors will not have the guts to do this corporate exercise as they are prudent people. Good luck!

Posted by sasword > 2020-09-03 15:13 | Report Abuse

Day day dream day day donate money to big fat belly shark.

Posted by Newbiexxxxxxxxx > 2020-09-03 16:03 | Report Abuse

When is the qr date

Posted by AdCool > 2020-09-03 16:25 | Report Abuse

end Oct for the quarter results. Still 2 months away.

Posted by Mini Bull > 2020-09-03 16:37 | Report Abuse

sideway kill contra players

Posted by Sunshine123 > 2020-09-03 17:27 | Report Abuse

Today the index dropped more than 20 points. Many other counters are in the red. Will probably rebound tomorrow.

Posted by Flyinghorse > 2020-09-03 17:29 | Report Abuse

Red today

Posted by johoran > 2020-09-03 19:15 | Report Abuse

wait bonus

Posted by sasword > 2020-09-04 06:00 | Report Abuse

Another 10 cents down to celebrate bloody friday

Posted by Flyinghorse > 2020-09-04 07:24 | Report Abuse

Dow jones drops.....807.77pts

Posted by Jackson Ong > 2020-09-04 07:59 | Report Abuse

Limit up today

Posted by sasword > 2020-09-04 10:11 | Report Abuse

Bilis and day dreamers kena slaughtered in 2 days by bloody fat ass megalodons and sidekicks.

Posted by Flyinghorse > 2020-09-04 15:50 | Report Abuse

Still no news on the bonus issue.

Posted by Stockhunter88 > 2020-09-04 17:45 | Report Abuse

1 step closer to the bonus issuance!

Posted by Eliore > 2020-09-04 17:46 | Report Abuse

Bursa just approved for bonus issue and warrant... now waiting for EGM...

Posted by kmwong8711 > 2020-09-04 18:15 | Report Abuse

Monday fly goodddddd

Posted by Jackson Ong > 2020-09-04 18:19 | Report Abuse

Monday limit up

Posted by kmwong8711 > 2020-09-04 18:33 | Report Abuse

ADCool
Ice cream fondae banana split

Monday limit up sure

Posted by Newbiexxxxxxxxx > 2020-09-04 18:53 | Report Abuse

Fly fly fly.. it’s has been undervalued for so long

Posted by Flyinghorse > 2020-09-04 20:25 | Report Abuse

Great news guys. Everybody Huat lo

Posted by power88 > 2020-09-04 20:28 | Report Abuse

Monday limit up

Posted by Flyinghorse > 2020-09-04 20:32 | Report Abuse

We grab the 1sen dividen first. Then the bonus issue with free warrant........within end of next month ??

Posted by Jeff5142 > 2020-09-04 20:42 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085597

Posted by Newbiexxxxxxxxx > 2020-09-05 12:01 | Report Abuse

Many news hands in glove sector.. definitely Esceram will be benefited.

https://www.thestar.com.my/business/business-news/2020/09/05/many-new-hands-in-the-glove-sector

Posted by MickeyLimitUp > 2020-09-05 13:06 | Report Abuse

https://www.outbreak.my//world Another new high records

Posted by geary > 2020-09-05 13:32 | Report Abuse

Malaysia's glove makers struggle to meet booming demand
By AFP
September 5, 2020 @ 10:00am
- NSTP / FAIZ ANUAR

PARIS: With no end in sight to the coronavirus pandemic, worldwide demand for surgical gloves – as for other types of personal protective equipment – is booming, leaving manufacturers struggling to keep up.

The global PPE market – from masks, gowns and gloves, to shoes and sanitising gels – is expected to balloon from US$52 billion in 2019 to US$93 billion in 2027, according to German market data specialist, Statista.

And, like other such products that were previously predominantly the domain of specialist medical personnel, the surgical glove has become much sought after even by the general public.

US-based Allied Market Research estimates that the global disposable gloves market amounted to US$6.8 billion in 2019, and is expected to nearly triple to US$18.8 billion by 2027.

Covid-19: Malaysia's Top Glove overwhelmed by international orders
Spike in demand for rubber gloves: Top Glove to the rescue
Top Glove now Malaysia's second-biggest company
Just as worldwide shortages of masks and disinfectant gels have pushed up the prices of those products, single-use medical gloves have become increasingly difficult and costly to come by during the health crisis.

Malaysia is the world's biggest maker of rubber gloves, accounting for around 60 per cent of global exports.

And according to the Malaysian manufacturers' association MARGMA, worldwide demand is projected to rise from 296 billion in 2019 to 330 billion this year.

Given the surge, the industry is forecasting a shortage that is expected to last well into next year, MARGMA said.

Malaysian manufacturer Top Glove, which describes itself as the world's biggest producer of rubber gloves, said it is seeing orders for 11-12 billion a month, compared with 4.5 billion prior to the pandemic.

As a result, customers must now wait nearly 600 days for their orders to be filled, compared with a normal delivery time of 30-40 days, said chief executive, Lim Wee Chai.

In addition, with raw materials in short supply, production costs are also rising.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," said Top Glove.

That would be passed on to customers in the form of higher prices.

While health experts argue that regular handwashing offers better protection against Covid-19 than gloves, the current boom for PPE is expected to pose another problem further down the line.

Environmental campaigners are concerned that millions of tonnes of single-use gloves will end up polluting the oceans.

- AFP
05/09/2020 12:43 PM
05/09/2020 1:31 PM

Posted by kuring2 > 2020-09-06 19:39 | Report Abuse

Like to see tomorrow movement.. should bring possitive impact to glove counter i guess

Posted by Newbiexxxxxxxxx > 2020-09-06 19:48 | Report Abuse

Back to its glorious days

Posted by ConfirmKaya > 2020-09-06 19:58 | Report Abuse

https://koonyewyin.com/2020/09/06/my-investment-strategy/

Posted by MickeyLimitUp > 2020-09-06 23:23 | Report Abuse

TP250 by this week... cheers

Posted by Jeff5142 > 2020-09-07 06:14 | Report Abuse

No reason the price will not move up this week.

Posted by power88 > 2020-09-07 08:05 | Report Abuse

Bonus issue approved, hopefully today price can move

Posted by Jackson Ong > 2020-09-07 08:09 | Report Abuse

Will limit up today

Posted by mf > 2020-09-07 08:15 | Report Abuse

Asia stocks set to trade lower as U.S.-China tech tensions rise; Chinese August trade data expected

Posted by AdCool > 2020-09-07 10:26 | Report Abuse

everyone still hoping for limit up? Such story no longer applicable now. Now is purely fundamental and slow and steady. Be prepared to trade range bound RM1 - RM1.20 for the next 2 months. As simple as that. If drop below RM1, then range bound RM0.8 - RM1. Now RM1 is the psychological support level.

Posted by Mini Bull > 2020-09-07 11:25 | Report Abuse

market is waiting OPR announcement

Posted by Mini Bull > 2020-09-07 11:26 | Report Abuse

if cut more upside

Posted by Mini Bull > 2020-09-07 11:29 | Report Abuse

those companies wish to expand their businesses can have lower interest loan

Posted by candyhuat > 2020-09-07 11:35 | Report Abuse

bonus issue and free warrant also nobody want to buy

Posted by ampabella > 2020-09-07 11:38 | Report Abuse

bonus or free warrant now ppl dont wan jor unless kasi cash back rm1000 then all jiong n hoot 9 eeeeeeeeeeeeeeeeee

Posted by Flyinghorse > 2020-09-07 12:01 | Report Abuse

Think will stuck at this price until QR out

Posted by MickeyLimitUp > 2020-09-07 13:45 | Report Abuse

Hoot 9 eeeeeeeeee.....