only 18m was disposed please, another notice is due to deemed interest by virtue of Section 59 of the Companies Act 2016....anyway it is still interesting...
Actually Esceram is the most undervalued glove stock at the moment. The PE using latest Qr is only around 12 and there is 40%++ growth in production capacity for this year. Furthermore molding costs only a very low portion in gloves manufacturing, there will be a huge room in increase in margin since all the gloves manufacturer is expanding their production lines. The price should be around 1.1-1.5 if you compare it to other stocks like HLT,flexi, etc.
I believe in the positive things written about Esceram here. However, the fact is, the price still hasn't reached RM1 after such a long time, even with glove stocks rising in price. I just wonder when the price will move up.
@TpeeZack I agreed with u. N loooong waiting for the so called Good News n still waiting n waiting. Really testing our patience. Ended like @anzhsb need to share his psychiatrist. LoL
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Posted by henghuat888 > 2021-04-15 13:33 | Report Abuse
Up up up