Posted by Faiza > 2022-05-10 14:52 | Report Abuse

saw submarine going east

Posted by andytfyap > 2022-05-10 21:14 | Report Abuse

https://www.theedgemarkets.com/article/relatedparty-transactions-and-private-placements-under-scrutiny

Posted by andytfyap > 2022-05-10 21:19 | Report Abuse

It’s very obvious that the RPT is detrimental to the minority shh like us, thus we must go all out to defeat this unfair resolution. If this sort of practice is so rampant, and if authority also never enforce the rules , then who else will have confident to invest in the equity market ?

Posted by Kingbeast > 2022-05-10 22:55 | Report Abuse

Malaysia useless

Posted by ValuePrice > 2022-05-11 11:14 | Report Abuse

when is the EGM...sounds like they are many displeasure with ES Ceramic using this cash accumulated to purchase evermix

Posted by Legend > 2022-05-11 11:44 | Report Abuse

siapa sudah kena trap...haha

Posted by Epseps > 2022-05-11 12:57 | Report Abuse

I m still accumulating good co to invest. Trusted management. I m quite consistent with my investment strategy. Not like someone here daily said diff things. Pusing till I pening

Posted by Kingbeast > 2022-05-11 13:21 | Report Abuse

Is a not so good investment actually. Somemore is concrete business

Posted by CUTLOST > 2022-05-11 15:53 | Report Abuse

Nice ice cream

Posted by andytfyap > 2022-05-11 16:03 | Report Abuse

Initially I invested in this counter due to the facts that the company was making profit consistently in the past quarter, and has high potential in making more profit. However, out of sudden the Board and the major shh went and practise bad corporate governance by using most of the reserves and cash funds to acquire a related company owned by the major shh, with 65M cash, and the balance by shares. It means that most of the reserves will go into the pockets of the major SHH. Who will get the money? Not us in term of dividend but the major shh, and even then somebody is very happy with this and considered this is a good company , what is the logic? Insane.

Posted by TreeTopView > 2022-05-11 16:31 | Report Abuse

andytfyap, I think the deal stinks. If was a shareholder I'd be walking out the door and never return to this farce.

Posted by zaaz_ri > 2022-05-11 16:39 | Report Abuse

The global ready-mix concrete market size was USD 633.4 billion in 2019 and is projected to reach USD 1,227.2 billion by 2027, exhibiting a CAGR of 8.7% during the forecast period. Ready-mix concrete refers to a material used in construction.
https://www.fortunebusinessinsights.com/ready-mix-concrete-market-103281

Posted by Kingbeast > 2022-05-11 18:34 | Report Abuse

Good business but management fails or. I think the most logic is the company is owned by the owner’s relative or blood line

Posted by StockGodFatt > 2022-05-11 18:57 | Report Abuse

Esceram has started to go up. Sui sui

Posted by ValuePrice > 2022-05-11 20:44 | Report Abuse

I think the current business and levels of profit is good. But the acquisition of Evermix does not look like a good use of all the cash that the company accumulate

Posted by Kingbeast > 2022-05-12 06:54 | Report Abuse

They thought they acquire some growth company like electric vehicle

Posted by StockGodFatt > 2022-05-12 07:52 | Report Abuse

If everyday can go up 2cents it will be wonderful

Posted by StockGodFatt > 2022-05-12 09:18 | Report Abuse

Esceram lai liao sui sui

Posted by Kingbeast > 2022-05-12 12:41 | Report Abuse

Lol. What lai? Lai red ah?

Posted by StockGodFatt > 2022-05-12 12:56 | Report Abuse

Hopefully today close green to maintain its uptrend

Posted by Kingbeast > 2022-05-12 16:25 | Report Abuse

Gg

Posted by andytfyap > 2022-05-13 09:55 | Report Abuse

treetopview I will lodge complaints to the authorities on this and dont simply let them exploit us so easily. Should my complaint fail, then I will never get involved in the Malaysian share market anymore.

Posted by Kingbeast > 2022-05-13 10:13 | Report Abuse

Andy, walk the talk..... but if u r a kucimai, don’t think you can do anything.

Posted by Kingbeast > 2022-05-13 16:38 | Report Abuse

Gg edy

Posted by Epseps > 2022-05-15 16:50 | Report Abuse

Don't be too negative over the offer to buy Evermix. One of the evermix director sold his former business to ES n helped in listing of ES many years ago eventually over the years ES is doing well slowly he did contribute some efforts n do good for shareholders I hope this is a another good acquisition

Posted by Kingbeast > 2022-05-16 12:28 | Report Abuse

Everyone said this counter is good, fundamental, but.... share price not stable at all....... no movement upwards. I only can say, u need to hold for 10 years then you said investing in long term is the way to go?

Posted by andytfyap > 2022-05-16 19:41 | Report Abuse

Epseps, ya, you won’t be felling negative as you might not see that the company is using 83m to acquire an equity company with net assets of only 600k

Posted by Epseps > 2022-05-17 00:03 | Report Abuse

Andy, Im really not very good in figures n reading all the reports. But I do think both accountants Mr Wong n Mr Tan know how to calculate n do business If I invest in ES I have to trust both of them n let them work for me. Haha. Individual view la. This co definitely will not ended like King beast said PN 17. Thats lagi illogical. I think u like to talk facts n same to me

Posted by TreeTopView > 2022-05-17 08:26 | Report Abuse

Epseps, spend some time reading the purchase proposal and report back on any holes you may see.
If you don't see any, then you may want to look again.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id...

Posted by TreeTopView > 2022-05-17 08:28 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=125774&name=EA_GA_ATTACHMENTS

Posted by Kingbeast > 2022-05-17 15:31 | Report Abuse

Gg

Posted by StockGodFatt > 2022-05-17 17:31 | Report Abuse

Close green today sui sui. Uptrend intact.

Posted by zaaz_ri > 2022-05-17 20:44 | Report Abuse

The worldwide Market for Ready Mix Concrete is valued at 1121.3 million USD in 2020 is expected to reach 2201 million USD by the end of 2026, growing at a CAGR of 10.0% during 2021-2026.
https://www.marketwatch.com/press-release/ready-mix-concrete-market-size-in-2022-100-cagr-with-top-countries-data-what-are-the-key-industry-trends-of-the-ready-mix-concrete-market-in-depth-118-pages-report-2022-04-26

Posted by zaaz_ri > 2022-05-17 20:46 | Report Abuse

For a company with 3 to 5 years of experience, 10% to 20% can really be a good cagr for sales. On the other hand, 8% to 12% can be considered as a good cagr for sales of a company with more than 10 years of experience into same business.

Posted by zaaz_ri > 2022-05-17 20:48 | Report Abuse

Nitrile Gloves Marketsize surpassed USD 22 billion in 2021 and is estimated to exhibit over 8.9% CAGR from 2022 to 2028.

Posted by Kingbeast > 2022-05-18 06:39 | Report Abuse

2030 esceramic price still 0.35.

Yawnnnnn

Posted by andytfyap > 2022-05-18 09:20 | Report Abuse

Kingbeast,
Without prejudice, in my opinion this might be due to poor corporate governance being practiced and investors lost confident in this counter. A very good example is that when huge profit is being made, the Management will try to take away the profit out of the company for the benefit of certain intended parties, and those investors who invested in them based on the outlook of the performance of the company will be victimized and suffer losses in the end, end up having no dividend received, pricing keep going down etc.

Posted by Kingbeast > 2022-05-18 18:46 | Report Abuse

That’s why this counter is not likeable. Local chinaman mindset. They don’t even care about their share price as not many investors. True story.

Posted by saberfist1 > 2022-05-21 11:53 | Report Abuse

For now the consensus opinion of the acquisition seems bleak and sour. Indeed it may seem so, but let's see what upside surprise this counter can provide in the future. What if the majority opinion is proven wrong on the contrary in years to come? Unlikely yes it appears so. But you never know lol

Posted by Kingbeast > 2022-05-23 14:48 | Report Abuse

This counter really no hope. It will stay stagnant for 4 years

Posted by Kingbeast > 2022-05-24 10:50 | Report Abuse

No hope

Posted by Kingbeast > 2022-05-24 18:19 | Report Abuse

Gg

Posted by Kingbeast > 2022-05-25 09:06 | Report Abuse

Is over. Esceramic is over

Posted by CUTLOST > 2022-05-25 15:57 | Report Abuse

Ice cream not so sweet

Posted by Faiza > 2022-05-27 08:58 | Report Abuse

submarine going east, did you guys see?

Posted by Kingbeast > 2022-05-27 09:52 | Report Abuse

Is over. I don’t understand why people kept saying this counter is fundamental. Bursa is so funny that if this counter is not likeable, no matter what they do, share price will still go down.

Posted by jeffng570 > 2022-05-27 11:01 | Report Abuse

avg down again...no more bullet liao la

Posted by Kingbeast > 2022-05-27 11:38 | Report Abuse

Average at 0.20

Posted by Kingbeast > 2022-05-27 17:06 | Report Abuse

Sorry guys, this counter is officially a penny stock

Posted by Investorflook > 2022-05-27 18:03 | Report Abuse

When is egm to vote no?