I just bought more.....since last year this counter giving me free money only.....even share price 80sen can give 4 Sen dividend.....better then topglov la....hahahaha
This case demonstrates the limitations of charts + sell-on-rumour trading without proper FA. Well, I don't mind getting to buy on discount. At this price, I expect next quarter PE to range from 8-10, maybe better.
Average down losses for what... if you know it will still go down, then might sell and collect at that price... or perhaps just move on to aother counter
I honestly thing this is just temporary downturn in regards to the market sentiment. Karim was just a shareholder, he’s not the director. The prospect of this company is still bright. The directors are competent. If you read their qtr report, they have been continuously attending seminars and workshops to grow professionally. This company is underrated compared to its peers. If can, just hold long term. If you sell now it’s just a great loss don’t forget the transaction fee as well. Just hold. It’s not just this counter, every other counter in red as well. So don’t let your emotions take control over you. Make wise decisions, look at fundamentals.
yc123 explanation is logical. R&R only invest & never run the company. HLT also made 12M in the latest QR yesterday. I can guarantee Esceram QR is better than 12M. Yesterday I have picked some. Tomorrow I will sell my other shares and add more Esceram. Please give me your shares. Thanks
glove sector is bigger than ever now, the need to use former has increase significantly.. currently it went down due to silly irrelevant news .. if this is not opportunity i not sure what else to call it
Friends, why are we so caught up with this Rosli and Rosland? Apart from them being shareholders in ES, they are not Directors . Karim is not even a shareholder. Maybe before this SD issue, it was fashionable to be associated with them, now a blip, maybe they come out OK, if yes, good if not, nothing to worry about, decoupled from ES. Fundamentally, ES is a strong company with the capability of delivery good profits and cash flow. Why bother what's happening with SD? RR probably selling due to margin calls on SD, not our problem. Just keep and collect for future.
i agree with shrewdinvestor. Unfortunately, no one seems to be collecting R&R tix now... When that happened, i think the price rebound will be super fast too. Do u agree?
Management/Directors with substantial shares will ultimately step in. They have declared ESOS, want to go to mainboard, expanding etc. All this can be done without R & R. I agree price will rebound.
To think about it, what can this R & R do? They know neither the gloves or formers business. Just for profile! Come on man, we are in Covid crisis, no need magic show. Be honest, produce and make money.
Once it goes on main board, institutional investors who recognise a good thing can come in. This company has invested a lot into expanding its capacity and will play a crucial role in the glove eco-system for years to come. I've been an owner since 17 cents.
but i must say, this is my first stock with good fundamental whose price dropped like waterfall... every day down by 5% at least... just how many % more can it goes eh.. i am starting to feel worry ady
cannot tahan then sell all your shares la, atleast can sleep well, later drop to 0.4 then cry mother cry father ask why fundamental so good share price so sux XD
i dun think this counter is going reversal uptrend even after good qr result is reported, good luck everyone, already told you all run at 0.70. It can go further lower to 0.45 believe me.
I think downtrend part of it due to share dilution by warrant conversion and riding on the glove downtrend. I finally decided to cut loss at 60c and maybe will buy at much lower price if it drops further.
btr throw this trust me....ppl no longer buy glove dont say esceram the least popular No demand no interest HLT QR 2x Profit So what?u think esceram profit will make it comeback?No way...... time to cut and throw.this is my biggest loss of all gloves.
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Posted by moneytr33 > 2021-05-31 15:43 | Report Abuse
time for new shareholders... lai lai lai... please buy in