ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.16

Today's Change

-0.005 (3.03%)

Day's Change

0.155 - 0.165

Trading Volume

1,819,500


24 people like this.

14,539 comment(s). Last comment by rich_bangla 1 month ago

amateurJR

2,366 posts

Posted by amateurJR > 2022-06-15 16:05 | Report Abuse

Drop for no reason. Instead its financial is very healthy

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-16 10:14 | Report Abuse

Management really no a strategic. Do business so good but share price like this. Hahaha

Penny stock also perform
Better

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-17 09:17 | Report Abuse

Penny stock already.

andytfyap

78 posts

Posted by andytfyap > 2022-06-17 14:18 | Report Abuse

My lessons learnt, dont ever buy penny stocks, they cant be trusted. Buy blue chips without any worry or panic.

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-17 14:54 | Report Abuse

Yeah. Rubbish stock. Don’t know who keep say fundamental fundamental.

Posted by Buylowandrun > 2022-06-17 16:51 | Report Abuse

rubbish stock

VenFx

14,784 posts

Posted by VenFx > 2022-06-17 20:41 | Report Abuse

0.285
0.225
0.170

Going to kiss one by one, r u ready ?
Its warrants consist of 50% of its its currently nosh.
Still has (16)months to expiry.

Immediate negatively development is its proposed Evermix acquisition.

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-20 11:10 | Report Abuse

Penny stock and rubbish.

Next QR hope is negative

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-20 22:44 | Report Abuse

Rubbish

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-21 21:44 | Report Abuse

Healthcare bounce and this counter still dead

VenFx

14,784 posts

Posted by VenFx > 2022-06-21 21:47 | Report Abuse

Yet to kiss0.170 tot !
Any rebounce shall be short lived

Dangel

422 posts

Posted by Dangel > 2022-06-23 08:39 | Report Abuse

20cts. coming soon!

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-23 10:15 | Report Abuse

Rubbish counter. Seriously who are those people that said fundamental fundamental.

Posted by StockGodFatt > 2022-06-23 15:47 | Report Abuse

Fuyoh Esceram lai liao. Today I have accumulate more shares. Lai liao. Sui sui

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-23 16:36 | Report Abuse

Wah green only all appeared huh. Is called dead cat bounce.

Posted by StockGodFatt > 2022-06-23 16:57 | Report Abuse

Major announcement coming on Evermix and transferring to main board.

VenFx

14,784 posts

Posted by VenFx > 2022-06-23 17:17 | Report Abuse

Ok, Dead cat bounce finally.

Do what one need to do, coz the higher the re-bounce more hurt it going to hit.

Posted by StockGodFatt > 2022-06-24 10:02 | Report Abuse

Sui sui on the way up to 30cents.

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-25 12:21 | Report Abuse

Technical bounce only

Posted by StockGodFatt > 2022-06-26 01:13 | Report Abuse

Esceram will hit 32cents for sure

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-27 06:31 | Report Abuse

No way

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-27 18:32 | Report Abuse

See

Posted by Buylowandrun > 2022-06-27 20:04 | Report Abuse

rubbish stock

Posted by StockGodFatt > 2022-06-29 18:56 | Report Abuse

See lai liao. Shoot up

Posted by StockGodFatt > 2022-06-29 19:00 | Report Abuse

All gloves counters lai liao

Kingbeast

649 posts

Posted by Kingbeast > 2022-06-29 20:57 | Report Abuse

Shoot what

Posted by StockGodFatt > 2022-06-29 22:24 | Report Abuse

Shoot up lah.

Posted by Buylowandrun > 2022-07-01 21:02 | Report Abuse

rubbish

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-02 07:24 | Report Abuse

Lol

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-04 14:29 | Report Abuse

Boringggggggg

zaaz_ri

9 posts

Posted by zaaz_ri > 2022-07-04 22:13 | Report Abuse

According to data from the General Administration of Customs of China, the export volume of disposable gloves in 2020 will increase from 10.1 billion per month in the first two months before the epidemic to 46.2 billion per month (November of the same year), an increase of approximately 3.6 times.

zaaz_ri

9 posts

Posted by zaaz_ri > 2022-07-04 22:14 | Report Abuse

Esceram main customer from China. Not US

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-05 22:39 | Report Abuse

Don’t mislead people. Fundamental but share price 0.23. What logic?

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-07 06:24 | Report Abuse

0.10 fair value

Posted by StockGodFatt > 2022-07-07 17:52 | Report Abuse

Sui today up same as all glove counters

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-08 19:32 | Report Abuse

What?????

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-11 23:03 | Report Abuse

Aiming for 0.2

zaaz_ri

9 posts

Posted by zaaz_ri > 2022-07-12 09:32 | Report Abuse

ok.buy more

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-12 17:57 | Report Abuse

Buy more, lose more money.

ZoeZoe

244 posts

Posted by ZoeZoe > 2022-07-13 21:22 | Report Abuse

Es ceramic will acquire Evermix! need to study the implications to EPS!

songjoseph

257 posts

Posted by songjoseph > 2022-07-14 14:27 | Report Abuse

macam mau panggil RI atau PP

Posted by StockGodFatt > 2022-07-14 21:31 | Report Abuse

It is good for Esceram to acquire Evermix. Thats how they grow bigger.

Posted by HK_Wealth_Management > 2022-07-15 09:03 | Report Abuse

mtronic(0403) call buy now target RM0.20

songjoseph

257 posts

Posted by songjoseph > 2022-07-15 12:54 | Report Abuse

salah kandang kah ?

andytfyap

78 posts

Posted by andytfyap > 2022-07-16 16:29 | Report Abuse

stock good fatt
Are you aware that instead of paying dividend for the profit they made, they use almost the whole reserve of RM85m to buy over a company with net worth of only RM600k, is it really good for the shareholders by doing this? I doubted deeply and will explore the effectiveness to report this to the MACC
It is seemed like a daylight robbery and they take the minority shh for a ride.
This is a very bad corporate governance they are practising.

We invested in their company based on their profit making capability but ended up being vitimised for their recent proposal.
As minority shh, we should NOT condone to this and must attend the forthcoming EGM on 29/7/22 to object.

Sugan21

138 posts

Posted by Sugan21 > 2022-07-18 09:35 | Report Abuse

dividend

zaaz_ri

9 posts

Posted by zaaz_ri > 2022-07-18 09:49 | Report Abuse

hi andy, evermix worth RM600K ? are you joking ? it is RM200mil revenue company and you said worth RM600k?

andytfyap

78 posts

Posted by andytfyap > 2022-07-20 12:23 | Report Abuse

Zaaz_ri Relooking the financial statements of Evermix in details, I have found this unfavorable remarks:-

1. The sales were dropped from 199m to 161m in 2021, ie. 20%
2. Gross profit is only 12%
3. NPAT was only 2m, i.e. 1.8% (worse than FD rate)
4. The whole 60m retained earnings doesnt match with the actual net worth of the company as it has only actual cash of 20m and at the same time it has 55m debtors and 47m creditors plus the bank borrowings of 12m, virtually off set the entire asset value of the company. The real net worth seems to be the cash & bank value of 20m , plus the fixed assets of 38m (of which the valuation is a question mark).

Thus to pay 85m to buy over the company for the net worth of only 20m cash plus some Fa of 38m which in turn will only generate 2m per year, need us to say more what kind of proposal is it?

and 2m/85m is 2.35% return, and 85/2 will take 42 years to recover its capital, does it benefit the shh?
(Remark on comment of 600k net worth, its my oversight and I retract it with apology)

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