ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.18 - 0.19

Trading Volume

4,500,200


24 people like this.

14,527 comment(s). Last comment by Neoh10855 1 day ago

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

mtronic(0403) call buy now target RM0.20

songjoseph

254 posts

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

salah kandang kah ?

andytfyap

72 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

72 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)

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-20 18:39 | Report Abuse

2030 the price will be 0.20

Posted by StockGodFatt > 2022-07-20 19:53 | Report Abuse

The trend has changed to uptrend now. Tomorrow shall continue its climb again.

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-26 20:45 | Report Abuse

Trend uptrend? LOL

imvu

7,888 posts

Posted by imvu > 2022-07-27 09:43 | Report Abuse

-wb 0.075 , start kutip kutip

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-29 11:37 | Report Abuse

kutip kutip

Posted by StockGodFatt > 2022-07-29 14:33 | Report Abuse

How is today EGM went?

jeffng570

520 posts

Posted by jeffng570 > 2022-07-29 14:35 | Report Abuse

no news means bad news

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-29 14:58 | Report Abuse

anyone went to the EGM?

Posted by StockGodFatt > 2022-07-29 15:20 | Report Abuse

Now the price is starting to move up

Kingbeast

649 posts

Posted by Kingbeast > 2022-07-29 19:07 | Report Abuse

Bad result

jojo85

434 posts

Posted by jojo85 > 2022-07-30 18:45 | Report Abuse

Just jumped here from notion wc..kikiki...

jojo85

434 posts

Posted by jojo85 > 2022-07-30 18:50 | Report Abuse

@Kingbeast, dont talk about gud or bad result lahh..1 year ago all glov company made big profit but in the end price shoot down to lubang tandas maa..

jojo85

434 posts

Posted by jojo85 > 2022-07-30 21:59 | Report Abuse

Swing until merdeka day..if not fly, cabut..

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-31 08:17 | Report Abuse

Full year 2022 earnings released: EPS: RM0.096 (vs RM0.067 in FY 2021)

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-31 08:17 | Report Abuse

2021).

Revenue: RM115.9m (up 25% from FY 2021

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-31 08:17 | Report Abuse

Net income: RM48.6m (up 61% from FY 2021. Profit margin: 42% (up from 33% in FY 2021

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-31 08:51 | Report Abuse

Notwithstanding the questionable decision of purchasing Evermix, ES Ceramics results is remarkable.

ValuePrice

118 posts

Posted by ValuePrice > 2022-07-31 08:51 | Report Abuse

even with lower ASP price of gloves, Evermix can still improve their profit margin and pass this cost to Glove Manufacturer.

Posted by StockGodFatt > 2022-07-31 12:54 | Report Abuse

Now Evermix shareholders are going to sapu Esceram shares left in the market.

TreeTopView

1,352 posts

Posted by TreeTopView > 2022-07-31 13:02 | Report Abuse

Oh no they are not.
Once the deal is locked and completed and they get their shares from the takeover deal they will have a huge bundle of Esceram shares to dispose of in open market.

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-01 09:07 | Report Abuse

Some people say good results. But share price like crap…. Cause no one likes this counter. Muahahaha

Posted by StockGodFatt > 2022-08-01 09:56 | Report Abuse

Evermix will not dispose off their shares because it is below cost of 32c. They will goreng the price higher to 50cents then dispose off and make profit too.

TreeTopView

1,352 posts

Posted by TreeTopView > 2022-08-01 10:12 | Report Abuse

Cost of 32 cents? What are you talking about?
That is merely an obligatory figure between both parties, buyer and seller, and has no real value indicators.

Each point you have made in the last 12+ months about this stock has been totally wrong and I don't see your current offering any differently.

jojo85

434 posts

Posted by jojo85 > 2022-08-01 14:12 | Report Abuse

We aer going to the moon asap..Sudah masuk spaceship ka belum?

imvu

7,888 posts

Posted by imvu > 2022-08-01 14:50 | Report Abuse

limit up ?

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-01 15:27 | Report Abuse

Still stuck in the basement hahaha

jojo85

434 posts

Posted by jojo85 > 2022-08-01 15:36 | Report Abuse

Dear kingbeast,
Why u buy high sell low? Aiyyaa

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-01 17:01 | Report Abuse

I think people buy low, go lower. Lol

Posted by StockGodFatt > 2022-08-01 21:08 | Report Abuse

Today closed high sui liao, tomorrow shall continue its uptrend

Posted by StockGodFatt > 2022-08-02 09:39 | Report Abuse

Lai liao on the way up. Sui sui.

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-04 19:21 | Report Abuse

Joke

VTrade

2,434 posts

Posted by VTrade > 2022-08-11 05:41 | Report Abuse

-------------------------

Rest

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-11 16:00 | Report Abuse

Delisted from Bursa better.

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-17 14:36 | Report Abuse

Anyone here?

Icon 888

2,215 posts

Posted by Icon 888 > 2022-08-21 23:09 | Report Abuse

Glove just start winter..Sales Will drop gao gao.. possible Below rm0.10.. DUN play tis stock.. operator try to catch PPl now

Kingbeast

649 posts

Posted by Kingbeast > 2022-08-25 14:28 | Report Abuse

Where are all the people who said fundamental all kind of crap?

Sugan21

138 posts

Posted by Sugan21 > 2022-09-20 12:56 | Report Abuse

got dividend?

Kingbeast

649 posts

Posted by Kingbeast > 2022-09-20 19:27 | Report Abuse

Dividend ah? Sure. i think there’s a chance malaysia will snow rather than they give u dividend

Sugan21

138 posts

Posted by Sugan21 > 2022-09-23 10:55 | Report Abuse

hahahaha

Kingbeast

649 posts

Posted by Kingbeast > 2022-09-26 17:05 | Report Abuse

PN 17

Sugan21

138 posts

Posted by Sugan21 > 2022-09-28 10:38 | Report Abuse

not bad ,easy profit

Posted by StockGodFatt > 2022-09-28 12:03 | Report Abuse

now the price has pivoted and will bounce back for AGM 28/10

Posted by StockGodFatt > 2022-09-28 22:57 | Report Abuse

Esceram annual report is out

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