its always 'soon soon' .....no one knows when so its really pointless to listen/follow. Do your own research/study and decide from there. Whatever you decide to do, don't go and blame others or create fear/hype
@Epseps I am in 10+% profit if I exit now but the only worry I have is .. if exit now .. 6 months from now it turn to 3.5 ... omg omg ... I might need to take valium for the rest of my life ..
@Vince Looking at Esceram price, new shareholders are still collecting. Waiting for us to sell and regret later. Just tell me why son is more expensive than mother. Then you know the answer.
@ essoonyang, u r right. Disposal of Dato Kamal's shares on 15th April n 16th April @ RM0.75 per ordinary share + Disposal of Vintage Capital's shares on 16th + Disposal of Rosli's shares on 16th = ard 5.10%, transferring to new substantial shareholder
eesoonyang Add the sales from 15 and 16 together will get 5% of the total share. Could be transfer to new shareholder that going to be announced soon. My2cent
i see many holders here are panic now even though they are trying so hard to interpret the "good news"XD no confidence can just leave this counter lol...
Dato Kamal was having 26% of ES shares before announcement of 1:1 warrant. Even if he sold all 26% and converted to warrant to mother, he and his family will still hold 13% of ES. Looks like still a high ownership level and with the R team coming in, I believe good things will happen in the future on diversification. High tech ceramics could be a way forward. My 2cents worth...
Esceramics is so laggard among the gloves sector. Can't wait to see who is the new shareholder. It should be Karim since his two right hand men R & R already into Esceramics
No reason to worry. It is a rare opportunity to collect. Cashflow remains strong and factories in Ipoh and Songkhla in full capacity. no signs of slowing down in glove manufacturing. Formers needs to be replaced every 40000 cycles.. averagely 2 years. Its a recurring business.. just like Buffet's gillette shaver
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Posted by Allenlee > 2021-04-20 00:10 | Report Abuse
Hahaha