ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.155

Today's Change

0.00 (0.00%)

Day's Change

0.155 - 0.16

Trading Volume

238,600


24 people like this.

14,536 comment(s). Last comment by Lee Ying Yee 5 days ago

Posted by hannahwong > 2021-02-04 14:50 | Report Abuse

yes all.almost monopoly business

Posted by Newbiexxxxxxxxx > 2021-02-04 14:51 | Report Abuse

Duno what price to let go now. Haha

Allenlee

603 posts

Posted by Allenlee > 2021-02-04 14:54 | Report Abuse

The only listed company in Msia producing glove formers. Hv another production plant in Thailand to supply formers to glove makers in Thailand like Sri Trang Glove Manufacturer

Allenlee

603 posts

Posted by Allenlee > 2021-02-04 14:57 | Report Abuse

Sri Trang Gloves Thailand is the biggest glove maker in Thailand

emo

55 posts

Posted by emo > 2021-02-04 15:22 | Report Abuse

2 Feb 2021 TAN SAN KWANG Acquired Esceram 47,000,000 shares

Posted by martinbartesque > 2021-02-04 15:34 | Report Abuse

all MA 20, 50 & 100 are moving uptrend. Can hold for longer period. Bollinger line has been widening. All are good sign.

kjy833

42 posts

Posted by kjy833 > 2021-02-04 15:36 | Report Abuse

but the PE looks a bit too high? Anyone can enlighten?

Zhianz

10 posts

Posted by Zhianz > 2021-02-04 15:39 | Report Abuse

Looks only... Q3 results is coming

greenland

378 posts

Posted by greenland > 2021-02-04 17:03 | Report Abuse

PE is not a real concern in this case as it is based on historical profit. If you expect the coming results to be fantastic, then, it will adjust the PE down. Same like Topglove from a PE of 20+ to PE of 5 currently

greenland

378 posts

Posted by greenland > 2021-02-04 17:04 | Report Abuse

perhaps they might be building their own glove production factory? After all, they are already making the formers

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-02-04 17:20 | Report Abuse

I am confused wiht this kamal

Superb99

6,599 posts

Posted by Superb99 > 2021-02-04 17:45 | Report Abuse

ya, its trend is not really tie with glove giants...somehow is gd

macdaddy

19 posts

Posted by macdaddy > 2021-02-04 18:33 | Report Abuse

latest acquisitions by Dato Kamal, his son n Rosli are significant moves in the corporate side of the co...make sure dont miss the train..board early..

Posted by Gorengkueyteow > 2021-02-04 18:54 | Report Abuse

macdaddy latest acquisitions by Dato Kamal, his son n Rosli are significant moves in the corporate side of the co...make sure dont miss the train..board early..

sure or not TAN SAN KWANG his son?

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-04 18:58 | Report Abuse

02-Feb-2021 Insider Notice of new substantial holder - MR TAN SAN KWANG on 29-Jan-2021.
02-Feb-2021 Insider Notice of new substantial holder - ENCIK ROSLI BIN HAMAT on 27-Jan-2021.
04-Feb-2021 Insider Notice of new substantial holder - DATO' KAMAL YP TAN on 29-Jan-2021.

29 Jan 2021 Acquired
47,000,000 DATO' KAMAL YP TAN
29 Jan 2021 Acquired
960,000 ENCIK ROSLI BIN HAMAT
29 Jan 2021 Acquired
47,000,000 MR TAN SAN KWANG
27 Jan 2021 Acquired
24,552,500 ENCIK ROSLI BIN HAMAT

Esceram latest Quarterly report is just around the corner, will we be seeing really big profit? maybe got new orders for Supermax glove factory in US? or new very big orders from China glove factories? only insider will know

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-04 21:06 | Report Abuse

Good closing at 72c which is Esceram resistance, tomorrow possibly a gap up to 72.5c-74c can by easily cross over its resistance and move towards next major resistance rm1.00

chl1989

2,552 posts

Posted by chl1989 > 2021-02-04 21:31 | Report Abuse

rm1 before cny :)

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-02-04 21:46 | Report Abuse

Tomorrow 1020

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-04 23:35 | Report Abuse

Stockhunter88 Tomorrow 1020
04/02/2021 9:46 PM

5/2/2021 Esceram limit up price RM1.02

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-04 23:36 | Report Abuse

is Esceram forming cup and handle? breakout next?

Allenlee

603 posts

Posted by Allenlee > 2021-02-05 08:34 | Report Abuse

Big big announcement soon

Posted by Alan Long > 2021-02-05 09:22 | Report Abuse

hold guys....push together till next high!!!

SeVeNty

19 posts

Posted by SeVeNty > 2021-02-05 09:27 | Report Abuse

gogogo ESC.....pushhhhhh!!!

Posted by Vincenteoh29 > 2021-02-05 09:43 | Report Abuse

Big announcement or not, the public won’t know until it’s out and when will that happen we won’t know also...

ppginvest

1,591 posts

Posted by ppginvest > 2021-02-05 10:02 | Report Abuse

got any good news, just publish out here, we help to promote, don't hide

Posted by David Coperfield > 2021-02-05 10:32 | Report Abuse

later on, will fly....

turtleking

397 posts

Posted by turtleking > 2021-02-05 11:21 | Report Abuse

finally start moving

Posted by Newbiexxxxxxxxx > 2021-02-05 11:26 | Report Abuse

From the trend I think can guess

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-02-05 11:27 | Report Abuse

1.02 incoming

bigby7

433 posts

Posted by bigby7 > 2021-02-05 11:37 | Report Abuse

LOL..
Good news definitely

Big Buy, Big Gains

All In Big

Posted by hannahwong > 2021-02-05 11:41 | Report Abuse

steady dont need up so fast

bjaya

269 posts

Posted by bjaya > 2021-02-05 11:48 | Report Abuse

Does Esceram have any competitors ?

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 12:00 | Report Abuse

Rumor 1 - Esceram next quarter very very good
Rumor 2 - Got big shark want to make Esceram RM3 and now his proxy slowly collecting Esceram
Rumor 3 - Order fully booked till 2025
Rumor 4 - Got big glove company want to buy over Esceram

Which one? or maybe all is true?

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 12:03 | Report Abuse

from chart cup and handle is forming, once breakout can break previous high 1.02

TP RM2.0 , next HLT. Market cap only 300mil. This remind me of Careplus,HLT last time keep uptrend limit up. I believe can go up to RM3. I wonder next QR report will announce another bonus issue?

kmwong8711

639 posts

Posted by kmwong8711 > 2021-02-05 12:05 | Report Abuse

John

Rumours 5## Bonus issue
Rumours 6## Transfer to Main Board

All is possible

Posted by TopCat2020 > 2021-02-05 12:06 | Report Abuse

Kamal YP Tan has very impressive past background. He sounded like a big guy in share market, has stockbrokering background. The Tan San Kwang is likely the son, he has a nephew by the name Tan San Chuan.

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 12:12 | Report Abuse

ESCERAM FAQ
1.if glove demand continue increasing Esceram earning will also go up
2.if glove ASP go down will it affect Esceram? The answer is NO, it will not affect Esceram earning
3.Glove material cost increase will it affect Esceram? The answer is NO, it will not affect Esceram earning
4.Glove factory close down due to covid will it affect Esceram? The answer NO
5. If glove oversupply in the future will it affect Esceram? The answer is NO
6. If more new glovemaker in the market how will it affect Esceram? Esceram earning will go up , now we have Mahsing,AT,Karex,Inix and many more companies diversifying into glove
7.Existing glove maker expanding more production line how will it affect Esceram? Esceram earning will go up
8. Glovemaker operation full 24hour shift how will it affect Esceram? Esceram earning will go up
9. Malaysia Ringgit strengthening against USD how will it affect Esceram? Esceram will not be affected

As you can see negative things that can have negative affect on glove does not affect Esceram earnings whereas positive thing that can have positive impact on glove will also give benefit to Esceram

Conclusion Esceram is a very good investment for long term as it will benefit from Glove supernormal profit but it the future 4-5 years later when ASP go down esceram wont have any negative impact as there would still be more glove factories opening or expanding in line with the normal market growth for glove

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 12:16 | Report Abuse

@kmwong8711 thank you I will add more

Rumor 1 - Esceram next quarter very very good
Rumor 2 - Got big shark want to make Esceram RM3 and now his proxy slowly collecting Esceram
Rumor 3 - Order fully booked till 2025
Rumor 4 - Got big glove company want to buy over Esceram
Rumor 5 - Bonus Issue
Rumor 6 - Transfer to Main Board

Posted by martinbartesque > 2021-02-05 12:18 | Report Abuse

Issued share - 460mil

Q3 2020, net profit - RM4mil

Assuming good business starting Q4 2020, it has net profit RM5mil per quarter for consecutive 4 quarters. EPS shall be 0.043. With current PE of 45, its may worth RM1.95

Is my above calculation correct?

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 12:23 | Report Abuse

Esceram was heavily punished during Glove downtrend, but now as all opportunist and weakholders that tried to ride on short term momentum has been washed out. We can see esceram price has stabilized. and now even when glove is red esceram has become immune and still go up on its own

kmwong8711

639 posts

Posted by kmwong8711 > 2021-02-05 13:20 | Report Abuse

John

This esceram is immune from RSS too

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 13:46 | Report Abuse

https://www.bloomberg.com/news/articles/2021-02-04/when-will-covid-pandemic-end-near-me-vaccine-coverage-calculator

When Will Life Return to Normal? In 7 Years at Today's Vaccine Rates
Our new calculator shows how long it will take states and countries to vaccinate 75% of their populations

By Tom Randall
February 5, 2021, 3:52 AM GMT+8 Updated on February 5, 2021, 8:33 AM GMT+8

----

The world about to need much much more glove formers and dipping line

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 14:21 | Report Abuse

461 Million NOSH
recently over 110mil shares picked up by 3 new substantial shareholder, less floating share makes share less volatile. More strong holders share price easier to push up and harder to fall as less people will throw

Posted by jennynpk88 > 2021-02-05 14:21 | Report Abuse

can any sifu explain the new exercise of warrant on 8th Feb will have any impact on current share price?

Posted by hannahwong > 2021-02-05 14:45 | Report Abuse

?got new warrant ?

Kabali

331 posts

Posted by Kabali > 2021-02-05 14:56 | Report Abuse

Warrant expiry date is 2023 right?

bigby7

433 posts

Posted by bigby7 > 2021-02-05 15:00 | Report Abuse

All rumours wrong..

The news is more scarier than all your rumours1 to rumours 6

Stay tuned..
Hohohoho

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-02-05 15:15 | Report Abuse

Still strong

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