Posted by Tong Mun Hoe > 2017-04-27 12:07 | Report Abuse

good timing to top up ?

Posted by WarrenColdeye > 2017-04-27 12:24 | Report Abuse

Jialat liao

Posted by Jon Choivo > 2017-04-27 12:29 | Report Abuse

One thing i find interesting, the buy rate is quite high.

Posted by newbie 99 > 2017-04-27 12:30 | Report Abuse

is time to top-up liao

Posted by WarrenColdeye > 2017-04-27 18:21 | Report Abuse

Jialat

Posted by gutt > 2017-04-27 18:29 | Report Abuse

Forsee tomorrow another down day. keep pressure down on 0.435 and end on 0.43...
Main board dream seem difficult to achieve...

Posted by nikicheong > 2017-04-27 19:54 | Report Abuse

newbie, wait lah. Don't so fast.

Anyway, ES Ceramic was the one and only "growth" stock that I was chasing, with the trailing 12 month and 5 year PEG ratio of 0.48X which made it very attractive to me. I got bitten here, maybe in the future I stop looking for growth stocks. My "value" stocks (limited downside risk, potential upside catalysts) like Bumi Armada and Tenaga Nasional have fared much better.

I hold to my stake for now, and will top up in the future should there be a major selloff. In periods of distress when ES Ceramics drops below its book value I will put it on my watchlist as the balance sheet management is good.

Posted by mahorse > 2017-04-27 20:34 | Report Abuse

Per CEO : Migration to Main Board ( statement after FY 2015 AGM )

“It is a natural process. Within three years we should be able to do it if we continue to grow like this,” executive director and CEO Wong Fook Lin (pix) told reporters at its AGM yesterday.

On dividends, Wong said it will not declare dividends for FY16 due to the capital expenditure (capex) needed for its automation plans, which he said will take up quite a lot of cash.

“We will look at it next financial year (FY17). Hopefully by then we will have an idea as to the capex for the automation initiative; how much is needed.

“We are mindful of the importance of rewarding shareholders for their loyalty and we will consider it after taking into consideration our cash flow as well as future needs,” he said.

Esceram management seems cognisant of the fact and mindful that shareholders' reward is important.

Lets just wait and see. Maybe FY 18 ?

Posted by nikicheong > 2017-04-27 23:49 | Report Abuse

Esceram already paid dividends for last year lah!

Posted by WarrenColdeye > 2017-04-28 00:11 | Report Abuse

Jialat la

Posted by Tryingtogetrich > 2017-04-28 10:01 | Report Abuse

dont worry lah........ its just a blip.......all the glove companies are increasing capacity to stay competitive..... malaysia has the biggest glove producing companies in the WORLD.

Posted by MATB > 2017-04-28 17:21 | Report Abuse

Esceram need to sell product at "more competitive pricing". Most likely implied that glove giant are pressing down the selling price due to better bargaining power.Esceram need to accept no choice. 2017 CEO commit for few million capex for automation, so far not yet see the progress yet. Purchase of PPM just seen less than 1M per quarter

Posted by WarrenColdeye > 2017-04-30 16:12 | Report Abuse

Jialat liao....

Posted by mahorse > 2017-05-02 09:10 | Report Abuse

I think after the below expectation results, the stock may go into hibernation...

Posted by WarrenColdeye > 2017-05-02 21:13 | Report Abuse

Jialat

Posted by nikicheong > 2017-05-02 21:47 | Report Abuse

Mahorse, yeah I think hibernate. It will probably get a second chance in the coming quarter. If it doesn't hit ROE of 3.5% I will sell, no point holding cause if the ROE can't keep up with the book valuation then it is overvalued. I will also sell if it hits RM0.48 for whatever reason this Q. Exit with no loss then.

Posted by WarrenColdeye > 2017-05-03 00:45 | Report Abuse

Jialat...

Posted by mahorse > 2017-05-03 10:02 | Report Abuse

Not only hibernating, but volume slowing considerable.

Posted by mahorse > 2017-05-03 19:40 | Report Abuse

Really jialat : ( . Any chance of rebounding ?

Posted by nikicheong > 2017-05-03 21:54 | Report Abuse

I will say if you don't want to sell, don't buy either for the time being. This stock was actually running ahead of itself. I made a mistake buying at such a value. When I bought I just saw at RM0.465 it was at a low point. Didn't do much analysis. In fact now I have to revise downwards to RM0.33 my re-entry point to average down at 1.5X P/BV.

Damn. What a mess! Still think long term this company will do good, but might need to suffer some pain in the short term.

Posted by WarrenColdeye > 2017-05-04 00:29 | Report Abuse

Jialat liao

Posted by Apollo Ang > 2017-05-04 00:30 | Report Abuse

another goodway lah surely got some fishy news if everyday down.

Posted by agrimineral > 2017-05-04 09:56 | Report Abuse

better sell first

Posted by newbie 99 > 2017-05-04 17:47 | Report Abuse

Bro nikichong , haha now what is your target price?

Posted by WarrenColdeye > 2017-05-04 18:44 | Report Abuse

Jialat liao

Posted by vzcb1t > 2017-05-04 22:23 | Report Abuse

What's happened to this company? The profit was green since 2013 but the price keep falling.

Posted by Apollo Ang > 2017-05-04 22:24 | Report Abuse

crook company I sold for them 500,000 unit at only 0.10 that's why they push up so high

Posted by WarrenColdeye > 2017-05-05 21:56 | Report Abuse

Jialat

Posted by nikicheong > 2017-05-09 19:13 | Report Abuse

Today buying interest due to rotational play on the glove companies

Posted by kevin008 > 2017-05-09 19:15 | Report Abuse

esceram need only 1m profit for qtr4 to transfer main board
glove players keep expansion will benefit esceram alot

Posted by nikicheong > 2017-05-09 21:13 | Report Abuse

Yes Kevin, but in the near term Esceram is still overvalued. Book value is flattish. It needs to grow!

Posted by Tryingtogetrich > 2017-05-09 21:29 | Report Abuse

For longterm investor is an excellent company......... net cash, acceptable ROE, although margins reduced but still not that bad. I think during that period they sold more of lower margin products....

Posted by Huat Huat > 2017-05-10 11:44 | Report Abuse

rm0.35 only masuk.

Posted by fhis > 2017-05-11 14:45 | Report Abuse

good rebound from the bottom...looking good...

Posted by newbie 99 > 2017-05-11 17:04 | Report Abuse

dont want rebound i want buy at 0.395 pls

Posted by nikicheong > 2017-05-11 22:44 | Report Abuse

I won't keep much faith in this. Could just be RHB play play since they have such a huge concentration on this company.

Posted by kevin008 > 2017-05-12 10:56 | Report Abuse

http://www.theborneopost.com/2017/05/12/over-300-malaysian-firms-entitled-to-be-listed-on-main-board/

wait esceram transfer main board loh

Posted by cherry tomato > 2017-05-12 13:53 | Report Abuse

what theory it is after transfer to main board share price will up?

Posted by nikicheong > 2017-05-14 00:12 | Report Abuse

cheery, it's just that some institutional investors don't have a mandate to invest in the ace market. So if this goes on main board it will be more attractive to local/foreign institutional investors. also it's like graduation man!

Posted by cherry tomato > 2017-05-15 23:13 | Report Abuse

please check their agm, i consider huge fund inside compared to other ace counter despite no dividend payout. Therefore if this year still no dividend and share price continued dropping and furthermore their new venture need another 3 years to see the result, i foreseen more fund will take profit.

Posted by Goldchia MH > 2017-05-19 20:18 | Report Abuse

It dropped from .60

Posted by Goldchia MH > 2017-05-19 23:50 | Report Abuse

贺特佳(HARTA，5168) - 涨20.4%
顶级手套(TOPGLOV，7113) - 升17.6%
高产尼品(KOSSAN，7153) - 扬13.9%
速伯玛(SUPERMX，7106) - 起10.5%

这是马股手套股“四大天王”过去3周的股价战绩，4只手套股在3周内皆录得双位数涨幅。

2015年9月至2016年正月，手套股曾经历与天比高的上涨狂潮，过后便在去年陷入调整闷局，投资者对手套股的热情亦消退无踪。

Posted by Goldchia MH > 2017-05-19 23:53 | Report Abuse

没有Esceram就没有四大天王。

Posted by gutt > 2017-05-20 08:35 | Report Abuse

topglove, kossan hand former not all from escream.

Posted by Alex Lim > 2017-05-23 15:44 | Report Abuse

sell like hell........haiz

Posted by number2 > 2017-05-24 17:42 | Report Abuse

0.40 strong support

Posted by gutt > 2017-05-25 23:34 | Report Abuse

glove sleep back. Rm go strong recently

Posted by OptimusCallMeBaba > 2017-05-29 17:26 | Report Abuse

This stock is lousy, keep dropping

Posted by gutt > 2017-05-29 22:27 | Report Abuse

wait the final QR. if fail, and unable transfer to main board. the story will end...

Posted by kevin008 > 2017-05-30 11:54 | Report Abuse

only need 1m leh..easy since all glove companies keep expansion