Posted by AdCool > 2021-09-21 11:41 | Report Abuse

Can we back to normal? I dont think we can be so. I have been working from home for 18 months now and never in my imagination ever thought about this. And never in my imagination that the whole world is in lockdown or partial lockdown and every country closes their borders. Norm as pre Covid is no longer possible.

Posted by clc689 > 2021-09-21 11:43 | Report Abuse

I think better not averaging price and observe 1st for those not CL

Since Harta, Supermx & Kossan release QR next month if same like TG unexpected tremendously drop in profit, it will follow glove drop as well.

Bear in mind Q3 MCO July & Aug Glove not allow operate, high chance QR profit follow TG.

Now sentimental drive ES-Ceramic like last time Serba case.

Perhaps next week Annual meeting have clear prospect & info from management

Posted by thesteward > 2021-09-21 12:52 | Report Abuse

Careful

Posted by nisah395 > 2021-09-21 13:58 | Report Abuse

noted with thanks

Posted by thesteward > Sep 21, 2021 12:52 PM | Report Abuse

Careful

Posted by Kingbeast > 2021-09-21 23:00 | Report Abuse

Can I buy now?

Posted by krish52 > 2021-09-21 23:48 | Report Abuse

the management is very careful in their planning. if comfortable can go in at this level.

Posted by jeffng570 > 2021-09-22 10:15 | Report Abuse

ok...H9E

Posted by StockGodFatt > 2021-09-22 18:19 | Report Abuse

First time close green

Posted by Kingbeast > 2021-09-22 18:21 | Report Abuse

Ya first close green after so long. Hope it stays that ESG without the influence of glove industry.

Posted by David_share > 2021-09-23 11:23 | Report Abuse

Glove counter all scare for windfall tax..... Haizzzzz pening lg

Posted by Kingbeast > 2021-09-23 12:36 | Report Abuse

Technology stock will never go wrong

Posted by Kingbeast > 2021-09-23 19:06 | Report Abuse

See. Hard for me glove related counters to go up. Stagnant until 2030

Posted by Epseps > 2021-09-24 00:05 | Report Abuse

Hi guys anyone received agm notice ? By email or by post ? Agm date is when please ?. Tqtq

Posted by HamsterHuat > 2021-09-24 00:31 | Report Abuse

IceCream melting.....
highly possible 30 kupang...

Posted by Sugan21 > 2021-09-24 09:10 | Report Abuse

low

Posted by Kingbeast > 2021-09-24 09:12 | Report Abuse

Rubbish counter.

Posted by Kingbeast > 2021-09-24 16:49 | Report Abuse

The QR has bluff you all

Posted by Michael Yeo > 2021-09-25 12:42 | Report Abuse

Don't console ownseelves. Nothing is good in this stock.

Posted by alenac > 2021-09-25 12:55 | Report Abuse

The long term is bearish.

Posted by Michael Yeo > 2021-09-25 12:57 | Report Abuse

If it is good, it will never goes down this 52 weeks lowest price

Posted by Dr. Brew > 2021-09-25 18:07 | Report Abuse

"A man is walking slowly on a country lane. Accompanied with him is his dog, who follows his master slowly. While the man is walking slowly, his dog jumps around back and forth. Sometimes the man is ahead, thus he will wait for the dog, and there will be times when the dog is ahead; thus the dog will wait. The man is the economy, and the dog is the stock market."

- André Kostolany

Posted by Kingbeast > 2021-09-26 09:40 | Report Abuse

Looks like the dog is moving backward. The counter is esceramic

Posted by AdCool > 2021-09-27 14:53 | Report Abuse

The man now cont to walk forwardly while the dog cont to move backward and forgot about its master for a while. Next, the dog may realize it and would leap back quickly to catch up with the master. Now we just need to wait for the dog to realize that since there are many "fake" dogs are luring the dog away from the master who are now far in front.

Posted by jeffng570 > 2021-09-27 23:01 | Report Abuse

many retailer run d la.....scam counter....many move to opcom already

Posted by Epseps > 2021-09-28 01:10 | Report Abuse

Hi guys. Any idea when is the agm? Tq

Posted by michaelwong > 2021-09-28 02:27 | Report Abuse

Until glove stocks start trending and moving , even with impressive qr results is not going to move up shares price . Just collect the wonderful dividend meantime .

Posted by izoklse > 2021-09-28 03:05 | Report Abuse

nothing much from Esceram. Glove dead i think. Now only can survive on dividend. Investing in Esceram is my biggest mistake. Well what to do. just can enjoy the dividend only. Nothing much Esceram can offer. At current stage it is a lousy stock.

Posted by Kingbeast > 2021-09-28 07:45 | Report Abuse

When is the dividend? But when get dividend, share price drop again.

Posted by sasukeuchiha > 2021-09-28 07:59 | Report Abuse

@izoklse, how bad are you stuck wiith it ? I'm staying at condo 77th floor .. biggest mistake indeed

Posted by Michael Yeo > 2021-09-28 08:48 | Report Abuse

izoklse & king beast I thought esceram gaves good dividend 3 months ago where the price was hovering between 80 sen 87 sen. I was taken for for down ride to this current price now. The dividend was not worth it. Esceram gives divident; in a way hoping we do not sell but hold on to it. So be cautious. Just comment what I have gone thru.

Posted by ANTONIO7979 > 2021-09-28 09:24 | Report Abuse

any solid advice? any more good news? really stuck so high up. Should cut loss? everyday going down. Capital slowly gone. Sleepless nights. How i wish i no need worry about money.

Posted by Bgt 9963 > 2021-09-28 09:27 | Report Abuse

No expansion from the gloves co....

Posted by sasukeuchiha > 2021-09-28 09:29 | Report Abuse

@Michael Yeo , any plan to exit / cut lose ?

Posted by Kingbeast > 2021-09-28 10:37 | Report Abuse

The thing is fundamental this counter is strong. Healthy cash flow. Gloves expansion is expanding and last QR can be seen they have been selling to China
But why share price drop?

Last QR was the best. Why share price drop?

Posted by Michael Yeo > 2021-09-28 10:43 | Report Abuse

On technical rebound, I will sell to cut loss. And forget about this subdued counter

Posted by shrewdinvestor > 2021-09-28 10:46 | Report Abuse

AGM is ongoing... FYI

Posted by LittlePony > 2021-09-28 11:16 | Report Abuse

Any good or bad news for AGM?

Posted by Wkvin0704 > 2021-09-28 11:17 | Report Abuse

Any updates on AGM?

Posted by AdCool > 2021-09-28 11:31 | Report Abuse

waiting for dividends....

Posted by shrewdinvestor > 2021-09-28 11:34 | Report Abuse

Well, outlook as expected seems promising. Order book healthy. China will have healthy growth. Expansion on plan. Dividend policy remains if making money. Automation ongoing. No order cancellation, repeat orders is good. I will hold for dividends. Personally, I think this share will fluctuate between 0.4-0.5 as earnings already priced in. That's my take away for now at least.

Posted by Kingbeast > 2021-09-28 11:39 | Report Abuse

Looks like bad news - share price stagnant while gloves up.

Posted by shrewdinvestor > 2021-09-28 11:44 | Report Abuse

Actually I also cannot understand why. Their PR is really bad...

Posted by Kingbeast > 2021-09-28 12:28 | Report Abuse

How much is the dividend

Posted by TreeTopView > 2021-09-28 12:31 | Report Abuse

"Their PR is really bad..."

That can be said for most companies on the Malaysian stock market. The majority of companies treat their shareholders like mushroom, keep them in the dark and feed them manure a few times a year.

It's such an easy fix for companies to engage with shareholders but nobody seems to care or has the initiative to do anything about it.

Posted by macdaddy > 2021-09-28 12:41 | Report Abuse

The positive perspective from the AGM are the business still strong goin into 2022. Another is they have submitted to SC for Shariah compliance.
No firm commitment from the mgmt on upcoming dividends and transfer to main board. They seems lost on what s happening to the share price.
It seems their main focus is on the operations only and not on shareholders value. Might as well take the company private if dont want to care on the share price.
Without any effort on IR, the price will be sideways for a long time, doesnt matter how good are their profit will be.

Posted by clc689 > 2021-09-28 14:54 | Report Abuse

AGM summary of some points

1. Demand, Supply & Prospect and Orders Book
- Tight supply and demand for former is high
- Management mentioned former pricing in long term will be "normalized"
Does it mean the profit margin will return to Pre-Pandemic Level around 10% ++?
I've asking quite a few questions about ASP but management didn't reveal it much !!!
- Healthy recurring orders book, so far no order cancellation from customer at this stage as some shareholders mentioned some glove companies limit expansion

2. Region Sales - China
- 45% revenue is export sales
- China existing and new players expand production provide opportunities to group former revenue
- They sells formers directly to customer and not going through agent

3.Production Expansion & Production Capacity
- Expect to roll out additional capacity in 1st half 2022
Previously interviewed by Nanyang mentioned should be complete in July 21 but I think MCO cause plant expansion delay
- Current Utilization rate around 60 - 80%

4. Competitor and New Entry Players
- Formers production significantly mainly from existing former players.
- There're bound to have new entrants when demand is strong and there's promising industry prospect

5. Main board listing
- Management mentioned Under consideration but so far we didn't see any application from them to SC yet, I think it might take at least one year to complete if look at with Solarvest case

6. Shariah Compliant status
- In review process of the SC

7. MCO Impact
- Badly impact o manpower allocation & utilization lower business activities and volume
- So guys be mentally prepare for next month QR not that good

8. Dividend
- so long Financial Performance & cashflow are satisfactory, will continue paying dividend

There's lots of questions about ASP, sustainable profit & China revenue, think people might relate it to Glove counters on Sustainable Earning but management didn't reveal much on ASP make it very hard to predict its next QR earning.

The only clue from management is long term price will normalize
Lots of questions answered quite conservative.....

So guys, make your own judgement

Posted by Kingbeast > 2021-09-28 15:02 | Report Abuse

This is a shit AGM.

Posted by TreeTopView > 2021-09-28 15:04 | Report Abuse

Good work, clc689 .

I hope shareholders on this thread appreciate your contribution.

I'm not a holder but enjoyed reading your review.

Posted by AdCool > 2021-09-28 15:47 | Report Abuse

Thanks clc689 for the AGM summary. Seem management is unprepared to answer questions.

Posted by LittlePony > 2021-09-28 16:04 | Report Abuse

Thanks for sharing.....