ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.21

Today's Change

-0.005 (2.33%)

Day's Change

0.21 - 0.215

Trading Volume

677,900


24 people like this.

14,308 comment(s). Last comment by AdCool 4 hours ago

Posted by sense maker > 2022-04-28 10:33 | Report Abuse

The share price movements speak volume about the validity of my concerns stated earlier. Share price has grown detached from the company’s financials.

ValuePrice

118 posts

Posted by ValuePrice > 2022-04-28 12:08 | Report Abuse

which is a good thing for buyer? when Mr. Market offers a bargain for this stock, we should be happy to snap. but the only

ValuePrice

118 posts

Posted by ValuePrice > 2022-04-28 12:09 | Report Abuse

but the only problem is Mr Market timeline is taking too long to realise the potential. other than that, I am happy to accumulate in batches until Mr Market shows a course correction

Posted by StockGodFatt > 2022-04-28 12:42 | Report Abuse

see if Esceram could close green today ?

gohky87

586 posts

Posted by gohky87 > 2022-04-28 14:42 | Report Abuse

The share price for this stock is currently stuck between 0.350 and 0.355 cents. Need more buying power or else might just see this price range for the week.

Posted by sense maker > 2022-04-28 17:08 | Report Abuse

Even substantial shareholders dare not accumulate, who are the outsiders to collect this seemingly undervalued company? Integrity, transparency, accountability and shareholder friendliness are valid concerns about this company.

Posted by sense maker > 2022-04-28 17:58 | Report Abuse

Only one executive director who is an accountant running the show. Bizarrely, there are 4 non-executive directors who hold quite big stakes in the company and given ESOS too though they were supposed to be independent.

Kingbeast

649 posts

Posted by Kingbeast > 2022-04-28 18:27 | Report Abuse

Hi

Kingbeast

649 posts

Posted by Kingbeast > 2022-04-29 14:57 | Report Abuse

Guess esceram didn’t BO, meaning that market doesn’t like the QR. guess have to wait for another quarter

Kingbeast

649 posts

Posted by Kingbeast > 2022-04-29 17:14 | Report Abuse

See... sleeping.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-03 16:49 | Report Abuse

Not likeable

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-05 12:25 | Report Abuse

Glove up, but this counter down...... what else does this counter needs to deliver?

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-05 15:25 | Report Abuse

Told u guys.... what fundamental..... good qr but still drop.

gohky87

586 posts

Posted by gohky87 > 2022-05-05 16:13 | Report Abuse

Only in bursa share price very illogical... loss-making company can shoot up, good QR company goes down.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-05 17:21 | Report Abuse

This counter is just not likeable

VenFx

14,784 posts

Posted by VenFx > 2022-05-05 21:06 | Report Abuse

Shit !
Y icecream go buy Evermix at such premium price at $83mil with only miserably 2% net profit ?

Evermix not even worth $55mil.
Unless it can prove it has quality asset to back that premium offer by icecream.
Syphon put monies ahh ?

VenFx

14,784 posts

Posted by VenFx > 2022-05-05 21:08 | Report Abuse

How icecream create value for its shareholders ?

TreeTopView

1,241 posts

Posted by TreeTopView > 2022-05-06 09:59 | Report Abuse

I doubt if even Fatty can dream up another fantasy to make this acquisition look positive.
It appears, at face value anyway, to be a very odd purchase.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-06 11:13 | Report Abuse

Sell sell sell.

Posted by StockGodFatt > 2022-05-06 11:22 | Report Abuse

Esceram are meant for big boys only with strong holding powers

VenFx

14,784 posts

Posted by VenFx > 2022-05-06 11:24 | Report Abuse

No big boy
Only water fish die for nothing kena con by this kind of made up deal.

ValuePrice

118 posts

Posted by ValuePrice > 2022-05-06 11:50 | Report Abuse

To be honest, the company do have the cash to fund this venture. but the question is whether this is the right move? Should just give dividend back to all share holder...the proposed company profit is peanuts to be honest

ValuePrice

118 posts

Posted by ValuePrice > 2022-05-06 11:54 | Report Abuse

why would they choose to diversified into ready mix batching plants....sigh

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-06 12:57 | Report Abuse

They are in good business but owner.... quite noob in business.

wussyboys

23 posts

Posted by wussyboys > 2022-05-06 14:26 | Report Abuse

diversified in to ready mix concrete is a good move ? ; and now evermix give a profit guarantee PAT 11Mil ,
evermix pat fy2019 - 5.3mil ; fy2020 - 4 mil ; fy2021- 2.9mil

i have question in my mind is can esceram maintain the profit level like what they doing in fy 2021?
buying a company with rm83 mil that say guarantee profit rm 11mil with roi 13% look like good deal but will evermix able to fullfil this?

i really hate diversify.. just dunno is it gonna diworstify ... is it time to say bye bye?

TreeTopView

1,241 posts

Posted by TreeTopView > 2022-05-06 14:38 | Report Abuse

It looks like a good deal.........for those selling the business.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-06 14:51 | Report Abuse

That’s why I said, the owner really clueless. Want to diversify also think of a good business lah. Look at Elon, but Twitter because Twitter controls the world. He can simply ban people even the President. Meaning he can control the world

wussyboys

23 posts

Posted by wussyboys > 2022-05-06 14:54 | Report Abuse

* The proposed acquisition comes with a profit guarantee of no less than RM11 million for the cumulative two financial years.

so 83Mil for 5.5 Pat = ROI 6.6%?

ValuePrice

118 posts

Posted by ValuePrice > 2022-05-06 14:58 | Report Abuse

but not much synergy between current business actually...
buying a ready mix concrete business...the margin is quite thin...

ValuePrice

118 posts

Posted by ValuePrice > 2022-05-06 14:59 | Report Abuse

well it still have to go through EGM...for now and the current account position, ES ceramics is still fundamentally a good business

VenFx

14,784 posts

Posted by VenFx > 2022-05-06 20:34 | Report Abuse

Icecream fail to protect their minor shareholders benefit.
But to pay such lousy biz at dam expensively price.

I lost my faith in icecream

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-07 08:52 | Report Abuse

Ice cream melting

Posted by sense maker > 2022-05-07 09:54 | Report Abuse

Haha, sudah start to transfer money out of the company. Told you guys.

Faiza

474 posts

Posted by Faiza > 2022-05-08 08:43 | Report Abuse

habis la

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-08 14:09 | Report Abuse

Guys, as long as glove hand former business still intact, this counter still has its fundamental.

They bought Emix is just for diversification. Nothing wrong. Let’s monitor further and see

firehawk

4,596 posts

Posted by firehawk > 2022-05-08 14:49 | Report Abuse

Posted by wussyboys > May 6, 2022 2:54 PM | Report Abuse

* The proposed acquisition comes with a profit guarantee of no less than RM11 million for the cumulative two financial years.

so 83Mil for 5.5 Pat = ROI 6.6%?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

anyone thinks this is a good investment?

chonghai

473 posts

Posted by chonghai > 2022-05-08 22:27 | Report Abuse

The diversification is a bad investment. ESCERAMIC is a company with 160Million Market Cap generating rough 40Million PAT annually.
Now they spend 50% of Market Cap to buy a company that only generating 5.5 Million PAT annually.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-09 09:28 | Report Abuse

Gg already. Share price can’t recover....

Everyday drop, hard to go up.

CUTLOST

5,149 posts

Posted by CUTLOST > 2022-05-09 10:37 | Report Abuse

Bot 31cts

AdCool

3,778 posts

Posted by AdCool > 2022-05-09 10:49 | Report Abuse

You are only looking at the figures for superb years. Prior to Covid, Esceramic PAT was so erratic that there were years it cant even generate 1 mil PAT. Check out 2018 and 2019 PAT. Post Covid 19, Esceramic PAT would mostly ranging around 10 mil. With this 5.5 mil, it would ramp up the PAT to around 15 mil.

chonghai

The diversification is a bad investment. ESCERAMIC is a company with 160Million Market Cap generating rough 40Million PAT annually.
Now they spend 50% of Market Cap to buy a company that only generating 5.5 Million PAT annually.

Dangel

422 posts

Posted by Dangel > 2022-05-09 11:00 | Report Abuse

20cts. is the strong support level for esceram.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-09 12:19 | Report Abuse

0.15

Faiza

474 posts

Posted by Faiza > 2022-05-09 14:25 | Report Abuse

this stock if in hibernation, can go deeper than submarine

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-09 15:22 | Report Abuse

PN17 edy

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-09 16:57 | Report Abuse

Gg

AdCool

3,778 posts

Posted by AdCool > 2022-05-09 17:42 | Report Abuse

going to hibernation for months once below 0.3. can buy and keep for 2-3 years later.

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-09 20:11 | Report Abuse

I think can reach 0.2

moneytr33

545 posts

Posted by moneytr33 > 2022-05-10 08:39 | Report Abuse

Damn. This is my greatest loss!

Kingbeast

649 posts

Posted by Kingbeast > 2022-05-10 09:51 | Report Abuse

Gg. Sell sell sell.

CUTLOST

5,149 posts

Posted by CUTLOST > 2022-05-10 09:56 | Report Abuse

Road to Holland

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