Posted by mamatede > 2016-10-28 18:00 | Report Abuse

I think they did a mistake on the number of zeros. I was shocked and tot they earned billions

Posted by amywong111888 > 2016-10-28 18:31 | Report Abuse

wll done...... big wave is coming

Posted by anson8222 > 2016-10-28 20:03 | Report Abuse

Yup, must b wrong numbering.

Posted by newbie 99 > 2016-10-28 21:43 | Report Abuse

Well done esceram

Posted by deepseafisherman > 2016-10-28 21:52 | Report Abuse

I attended but left halfway, managed to talk to CEO 15 min before AGM start
Here are the key points:
-Reduce on foreigners labour, automation is the key strategy
-Dun have any dividend policy yet as the company need money to expand
-Cost management is the company priority
-No concern on Top Glove recent acquired hand former business as the company is not depend on 1 customer

Posted by mamatede > 2016-10-28 23:09 | Report Abuse

Well, esceram gives dividend lately, and usually they have no dividend policy as they want to be flexible with their cash flow. Who knows Topglov might acquire esceram due to its diversified range of gloves which is patented.

Posted by kevin008 > 2016-10-29 17:30 | Report Abuse

With 22.8m cash..will give more dividend in future
They only need 1 more year result to transfer to main board
As 2015 profit 5.592m..2016 profit 7.264m..
2017 only need another 7.144m with total 20m condition
Q1 dy hit 2.019..Q2 to Q4 need another 5.125m (1qtr ard 1.71m)

Posted by ipunk > 2016-10-31 10:05 | Report Abuse

Any one can share more on AGM highlight?

Posted by deepseafisherman > 2016-10-31 12:42 | Report Abuse

More ESCERAMIC news on Malaysia Reserve today

Posted by deepseafisherman > 2016-10-31 13:32 | Report Abuse

Same news appear at Malay mail as well

Posted by kevin008 > 2016-10-31 14:58 | Report Abuse

can share the link?

Posted by deepseafisherman > 2016-10-31 15:55 | Report Abuse

http://themalaysianreserve.com/new/story/es-ceramics-aims-double-capex-rm10m-next-year

ES Ceramics Aims To Double Capex To RM10m Next Year

ES Ceramics Technology Bhd’s drive to increase automation will see it double its capital expenditure (capex) to RM10 million in the first-half of 2017 from RM5 million in 2015.

CEO Wong Fook Lin said the automation investment will help achieve better consistency and quality leading towards better growth in revenue.

“Automation is a long-term project, whereby we will only see returns after two to three years. It is also a way to reduce labour costs,” Wong told reporters at a media briefing in Petaling Jaya, Selangor, last Friday.

Wong said the automation initiative began in 2015 and is expected to see returns in about three years time, as the handformers manufacturer’s business is targeted at a niche market and involves highly technical matters.

“If things work out well within the next four to five months, the quantum might be more than we anticipate but I don’t have the exact figure. I think it might double because we have to multiply more units,” he added.

The fluctuation in the exchange rate and high labour supply costs are two challenges that the company is facing and management is working on ways to manoeuvre around the situation to minimise the impact.

“The labour supply is very tight due to the rising cost of minimum wage and other compounded factors,” he added.

Wong said when most of the company’s production processes are automated, there will be a strong possibility that ES Ceramics will be able to pass on the cost savings to its customers.

He believes if the company is able to develop a more efficient product, this would boost the brand’s reliability.

Currently, ES Ceramics has two production lines located in Ipoh, Perak — producing an average of 100,000 units of products monthly — and another operation house in Thailand, which produces an average of 130,000 to 160,000 products per month.

The company sells its handformers to rubber glove makers in the country (used in the manufacture of hand gloves) and exports to countries such as Vietnam, Sri Lanka, India, South Africa, Brazil, Canada and Europe.

ES Ceramics posted a net profit of RM2 million, or one sen a share, for the first-quarter ended Aug 31, 2016 on a revenue of RM8.3 million, its exchange filing last Friday noted.

The figures were slightly higher than the RM1.5 million net profit and RM6.7 million revenue it made for the same period last year.

The company also pointed out that the higher numbers for the current quarter were due to cost improvements in its operation performance.

Posted by ipunk > 2016-10-31 16:21 | Report Abuse

good or bad? spending on Capex 10mil...

Posted by bleuerouge > 2016-11-01 13:48 | Report Abuse

automated production line sounds good, better efficiency and consistent quality while reducing human failure, etc...pokayoke!!

Posted by win2win > 2016-11-07 15:20 | Report Abuse

why esceramic keeps dropping?

Posted by TFAL > 2016-11-08 23:03 | Report Abuse

Fasten your seatbelt

Posted by Tryingtogetrich > 2016-11-09 14:59 | Report Abuse

this counter is a gem.......buy when people r fearful.

Posted by deepseafisherman > 2016-11-09 19:04 | Report Abuse

Fundamental good but technical no good for the time being....prepare for hard landing @ RM 0.42, RM 0.32 and RM 0.28....

I'm collecting....

Posted by shrewdinvestor > 2016-11-10 11:08 | Report Abuse

I cannot understand your logic of a price RM 0.28 eventually when the company is making a profit of RM 8 million and more/annum. This means a market cap of around RM 50 mio , means 16% ROE. They have more than RM 20 million cash...think about it.. makes sense?? I cannot understand..

Posted by kenen > 2016-11-11 11:31 | Report Abuse

someone is control the price. haha

Posted by kenen > 2016-11-11 15:10 | Report Abuse

no volume><

Posted by Livinia > 2016-11-13 00:07 | Report Abuse

Good time to collect

Posted by kenen > 2016-11-13 07:19 | Report Abuse

ya. is good time to collect this gem.

Posted by Aaron Loo > 2016-11-16 15:44 | Report Abuse

The stocks is now in positive net cash position and positive FCF in operation and investing. It is also good investment as it has durable competitive advantage in its business segment. Just like Hartalega does. For more infor on it fair pricing, visit www.stockvalueinvest.com for fundamental research report.

Posted by ming > 2016-11-18 10:28 | Report Abuse

wat happen ? ;)

Posted by freeman975 > 2016-11-18 10:45 | Report Abuse

mari mari

Posted by Xu Yu Fu > 2016-11-18 16:14 | Report Abuse

ES Ceramics following the glove sector uptrend today.

Posted by smartrader2020 > 2016-11-18 20:08 | Report Abuse

http://klse.i3investor.com/blogs/discoverychannel/109247.jsp

Posted by pc007 > 2016-11-21 09:25 | Report Abuse

Esceram heading north...

Posted by pt tey > 2016-11-22 16:44 | Report Abuse

pusing balik.

Posted by Kin Fai Hoo > 2016-11-22 18:19 | Report Abuse

wtf,,,,,,

Posted by newbie 99 > 2016-11-28 14:56 | Report Abuse

pls someone sell me 0.445 pls hahahaha

Posted by kenen > 2016-12-01 20:23 | Report Abuse

faster goooo...

Posted by mamatede > 2016-12-06 14:45 | Report Abuse

This is a good small cap counter, wait until all the big funds buy into this..

Posted by shrewdinvestor > 2016-12-10 14:12 | Report Abuse

Fair value of counter should be coming soon. Price very attractive to keep buying.Glove Industry will boom with MYR weakness and supporting industries will benefit.

Posted by ming > 2016-12-10 21:57 | Report Abuse

Qr coming soon

Posted by newbie 99 > 2016-12-18 21:29 | Report Abuse

to be honest , the financial result is very good , but why people still keep on selling?

Posted by bluedolphine > 2016-12-19 16:39 | Report Abuse

Maybe because the stock do not pay any dividend.. Is there a reason to this?

Posted by kevin008 > 2016-12-20 11:06 | Report Abuse

got dividend la..just paid at 21/10/16..0.006 sen.

Posted by ming > 2016-12-26 22:30 | Report Abuse

Esceramic is running above PE10; should we it same like gloove industry?

Posted by ming > 2016-12-26 22:31 | Report Abuse

Anyway, i like it net cash position and almost 30% keep in usd (refer annual report)

Posted by newbie 99 > 2016-12-30 17:01 | Report Abuse

wtf , all hold so tight , i want buy leh

Posted by mamatede > 2017-01-05 12:22 | Report Abuse

after a few good quarter this is going to the main board.

Posted by pjtang13 > 2017-01-12 10:56 | Report Abuse

It is moving fast today!! Up up & up all the way!!!

Posted by mamatede > 2017-01-12 11:34 | Report Abuse

hebat ... clap clap... Esceramic has shown continue growth over the years.

Posted by ming > 2017-01-15 17:33 | Report Abuse

Up before qr~ scary man

Posted by kenen > 2017-01-19 21:30 | Report Abuse

good stocks.buy and keep it in the refrigeration

Posted by Tryingtogetrich > 2017-01-22 13:53 | Report Abuse

Result out d.......not bad...... profit with growth

Posted by mamatede > 2017-01-23 11:16 | Report Abuse

Esceram results quite solid...

Posted by TomyamGong > 2017-02-10 09:32 | Report Abuse

Solid result but it don't move at all. Useless.