ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.185 - 0.19

Trading Volume

2,180,900


24 people like this.

14,527 comment(s). Last comment by Neoh10855 5 days ago

OneOracle

449 posts

Posted by OneOracle > 2023-12-19 08:27 | Report Abuse

The ONLY glove related counter that make a continuous accumulated profit of

105 million for 13 consecutive qtrs even after covid. Beating all glove counters.

still valuing at 150 million market caps now.
Crazy super undervalued.

aft7753

103 posts

Posted by aft7753 > 2024-01-26 06:25 | Report Abuse

For Esceram, last dividend @ May 2021 & last bonus issue @ Oct 2020.

Esceram with PE about 5.3, NTA = 0.29, ROE about 12.9 & has about 109 mil. reserve as 31 May 2023.


Good QR with huge revenue.

Any special dividend or bonus issue for 2024 ???

OneOracle

449 posts

Posted by OneOracle > 2024-01-26 09:43 | Report Abuse

Mthly uptrend still intact.
Fundamental and price is in divergent.
Gonna issue 32 sen new share to Evermix boss and he will become new major shareholder.
Now price is 50 % discount to 32 sen.
How can price be lower than new major shareholder issue price by 50%?
More likely is more than 50% of 32 sen instead.
Fa and logic does not support current price.
TA must follow sooner or later.
New major shareholder = new play.

Posted by CYCHANG155 > 2024-01-29 10:15 | Report Abuse

no matter how good the quarterly results, the price remains stagnant....

aft7753

103 posts

Posted by aft7753 > 2 months ago | Report Abuse

Almost all green ( up ) for glove counters, Esceram still no movement ???

ysyap84

152 posts

Posted by ysyap84 > 2 months ago | Report Abuse

Net Profit 2Q23- RM7.68m excluded the gain on disposal of land (batch plant) which is RM4.909m, the profit generated from the normal course of business should be RM2.771m. Taken out the gain on disposal - Net profit 2Q23 VS 2Q22 : RM2.771m vs RM2.234m, +0.534m / 24%. Topline increases 17%. With the recovery of construction works, a better result is expected in the coming financial quarter. In future, the Glove section will be accounted for less than 10% of revenue.

AdCool

3,859 posts

Posted by AdCool > 2 months ago | Report Abuse

testing 0.2 support and most probably would drop below 0.2 to trigger more retail sales.

AdCool

3,859 posts

Posted by AdCool > 2 months ago | Report Abuse

All because market still categorize Esceramic as a glove counter.

Epseps

72 posts

Posted by Epseps > 2 months ago | Report Abuse

Bot some at current price. Heard many jobs in pipeline for Evermix. If gloves recover slowly both will make this ice cream yummy

ysyap84

152 posts

Posted by ysyap84 > 2 months ago | Report Abuse

Positive momentum spotted on yesterday (closing price 0.205). Expected the price to heading higher....

ysyap84

152 posts

Posted by ysyap84 > 2 months ago | Report Abuse

As many investors are still classifying it as the glove related counter, when the overall glove counters won't move and it lost the momentum. If really zoom into the latest quarter result, you will find that the glove section is only accounted less than 10% of turnover. The counter is on the "right business" - pre-mix but the profit margin still not reflected as the peers in the building materials. Another counter worth to look into is Meta Bright which is also ventures into the pre-mix biz in Sabah by bought over Expogaya.

AdCool

3,859 posts

Posted by AdCool > 2 months ago | Report Abuse

already touching 0.19 and may back around 0.18 for months to come.

Income

10,348 posts

Posted by Income > 1 month ago | Report Abuse

China's reputation in infrastructure is growing as roads, rail, ports, and even cities are contracted by countries around the world to China. China recently won the Hanoi to Ho Chi Minh City high speed rail which many assumed Japan would get.
Indonesia's successful HSR from Jakarta to Bandung could get another contract from Bandung could get another contract from Bandung to Surabaya, again another project thought to be a Japanese win. Then there are the new cities by Egypt and Saudi Arabia being built by Chinese companies.

ysyap84

152 posts

Posted by ysyap84 > 1 month ago | Report Abuse

Today, TopGlove released its quarter result which showed narrow down the loss. The buying interest in the glove related was sparked. Esceram was not excepted. Even though the contribution of glove in the revenue was not exceeded 10% as whole.

ysyap84

152 posts

Posted by ysyap84 > 1 month ago | Report Abuse

Morning session saw 0.015 up ended at 0.20

Albukhary

2,719 posts

Posted by Albukhary > 1 month ago | Report Abuse

I think, the main problem of Esceram is there is no a key shareholder in this company.
Each of the top shareholder hold only little percentage of the company.
For me, this type of small cap company, the founder / substantial shareholder should hold more than 30%, or the top 10 shareholder should hold more than 60%, then only they have chance to push the company share up.

curiousq

785 posts

Posted by curiousq > 1 month ago | Report Abuse

ICEcream is delicious?

aft7753

103 posts

Posted by aft7753 > 4 weeks ago | Report Abuse

For Esceram, any special dividend for 2024 ???

Esceram with PE about 4.8 , NTA = 0.29, ROE about 13 & has about 87 mil. reserve

4 cents dividend @ May 2021 & last bonus issue @ Oct 2020.

curiousq

785 posts

Posted by curiousq > 3 weeks ago | Report Abuse

ICECream seller manipulate the price intensively

curiousq

785 posts

Posted by curiousq > 3 weeks ago | Report Abuse

he lures holders sell to him @0.20

curiousq

785 posts

Posted by curiousq > 1 week ago | Report Abuse

ICECream +5%

emiteno

16 posts

Posted by emiteno > 1 week ago | Report Abuse

EXPECT GOOD QR

curiousq

785 posts

Posted by curiousq > 1 week ago | Report Abuse

he wants to collect all the tickets at low price then only will goreng

curiousq

785 posts

Posted by curiousq > 6 days ago | Report Abuse

Q324,
The Group achieved a profit before taxation of approximately RM1.40 million for the current quarter. This represents a decrease of 75.54% from the profit before taxation of approximately RM5.73 million registered in the corresponding quarter of the preceding year.

The lower profit before taxation despite an increase in revenue as compared with the
corresponding quarter of the preceding year were mainly due to the higher material costs and cost incurred in setting up additional production facilities for building material segment.

Manufacturing segment decline in profit was mainly caused by lower average selling price and sales volume and higher operating expenses.

Cash and cash equivalents increased to 83.7m from 48.4m.

Neoh10855

36 posts

Posted by Neoh10855 > 5 days ago | Report Abuse

Nobody goreng this stock, managing director should be change

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