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

0.16 - 0.165

Trading Volume

447,200


24 people like this.

14,536 comment(s). Last comment by Lee Ying Yee 1 week ago

nikicheong

2,489 posts

Posted by nikicheong > 2017-05-31 00:54 | Report Abuse

Actually strong RM is beneficial for ES Ceramics, since their raw materials are imported (i.e. ceramics). They sell their product mainly locally (Malaysia + Thailand). With lower average FX rate, this Q should have less cost pressures.

gutt

169 posts

Posted by gutt > 2017-06-01 21:53 | Report Abuse

when people asking alots of glove companies should earn a lots from weak RM. The fact is, their raw material 60-70% chemical is imported and trade in USD. So lppl...

Posted by stevenkhoo > 2017-06-06 12:46 | Report Abuse

what is the expectation of 4Q result?
the stock still on downtrend, support at 40cts,

nikicheong

2,489 posts

Posted by nikicheong > 2017-06-06 22:14 | Report Abuse

Possibly better QoQ, not as good YoY. Stock price should stabilize at RM0.42 thereafter.

number2

280 posts

Posted by number2 > 2017-06-08 12:27 | Report Abuse

coming

mondrian

381 posts

Posted by mondrian > 2017-06-08 13:15 | Report Abuse

Accumulating

Posted by stevenkhoo > 2017-06-08 14:31 | Report Abuse

strong today
but not sure its a reversal

number2

280 posts

Posted by number2 > 2017-06-09 08:23 | Report Abuse

0.40 still strong support

Posted by stevenkhoo > 2017-06-09 08:57 | Report Abuse

safe to buy around this price

vxpoison

1,906 posts

Posted by vxpoison > 2017-06-09 11:26 | Report Abuse

All glove counters ran amok lately. What do u think about Esceram then?

Posted by stevenkhoo > 2017-06-09 14:54 | Report Abuse

gloves counters very hot, top gainers

Posted by stevenkhoo > 2017-06-11 10:22 | Report Abuse

range bound 0.40 to 0.42cts
still in consolidation in a downtrend
hope 0.40 cts can hold
will know next week wed once huge volume due

lkhoong

328 posts

Posted by lkhoong > 2017-06-14 11:50 | Report Abuse

buy 0.40?

number2

280 posts

Posted by number2 > 2017-06-14 12:46 | Report Abuse

0.40 can buy some, if drop again then buy again

Posted by stevenkhoo > 2017-06-14 16:34 | Report Abuse

40 cts buy to average down

number2

280 posts

Posted by number2 > 2017-06-14 17:16 | Report Abuse

this round no more below 0.40 to buy cheap?

Posted by stevenkhoo > 2017-06-14 19:20 | Report Abuse

suprisingly no big selling today frm T3 due
40cts still a good support
average down my cost

Posted by stevenkhoo > 2017-06-14 19:20 | Report Abuse

number2 what is yr cost price

bbjack

32 posts

Posted by bbjack > 2017-06-15 00:39 | Report Abuse

0.40 strong support
This stock should be rebound soon, along with the hot of glove stocks.
Now is the timing and last chance to get this stock at such reasonable price.

number2

280 posts

Posted by number2 > 2017-06-15 08:13 | Report Abuse

stevenkhoo, 0.415

Posted by stevenkhoo > 2017-06-15 14:27 | Report Abuse

the trend going sideway, don't think can go down much lower from here
average down, 0.395

kevin008

1,360 posts

Posted by kevin008 > 2017-06-15 15:02 | Report Abuse

patient loh..this next mth only move haha

Posted by stevenkhoo > 2017-06-15 15:19 | Report Abuse

patiently fishing at bottom
one grouper came and eat all the sellers
bad weather too
no catches today

Luckybb

13 posts

Posted by Luckybb > 2017-06-15 17:37 | Report Abuse

Q at 0.395... Can't get it..:(

Posted by stevenkhoo > 2017-06-15 19:13 | Report Abuse

groupers eat 40
nothing left to fish at 395

gutt

169 posts

Posted by gutt > 2017-06-15 21:56 | Report Abuse

hope it is start uptrend from the double bottom...

lkhoong

328 posts

Posted by lkhoong > 2017-06-16 10:17 | Report Abuse

rebound

Posted by stevenkhoo > 2017-06-16 10:50 | Report Abuse

still range bound la
dont look like can bottom fish today
nid to break 42cts to move out

lkhoong

328 posts

Posted by lkhoong > 2017-06-16 11:01 | Report Abuse

strong support at 0.40

number2

280 posts

Posted by number2 > 2017-06-16 13:22 | Report Abuse

yup, buy at 0.40

vxpoison

1,906 posts

Posted by vxpoison > 2017-06-16 19:17 | Report Abuse

No sign of rebound yet but I see the price is some how settling down. Can do some average down & wait for the rebound.

But then, Looking at the last 3Qs result, don't have too much confident its going to something loud coming Q4, This may be the reason that the price dived down badly since July last year.

Posted by stevenkhoo > 2017-06-17 09:54 | Report Abuse

trend still going sideway and base building around 40
reckon 4Q results is interesting as gloves results showed double digit growth i.e. Top Gloves etc
hope the results will be around 2 or 3 M and more...

Posted by stevenkhoo > 2017-06-20 17:16 | Report Abuse

market bad, this one holding well

Sami_Value

430 posts

Posted by Sami_Value > 2017-06-20 17:49 | Report Abuse

This company business manyak-manyak susah to understand. hand glove former = mold? ceramic mold. Ceramic element beri-beri stable properties by my engineering knowledge. The ancient Dynasty's ceramic porcelains & vases can lasted thousand of years without any deterioration in the original properties when unearthed.

If the above is truth , the production of this so called ceramic glove former are only necessary only if there is expansion of factory / new production line - because there are hardly any replacement / consumable needed on stable material or human error ( hand former broken during human handling ).

In short, this company are too reliance to the rubber glove industry expansion. Unless, there are some expert who can come out & explain how this rubber former life cycle work , the future of this company capped at certain limit. It would be best to stay away until this uncertain element is cleared.

Posted by stevenkhoo > 2017-06-21 08:32 | Report Abuse

no more chance to bottom fish
even 40 also far fetch

Posted by fullcreammilk > 2017-06-21 08:38 | Report Abuse

@Sami_Value. I spoke to the ED 2 years ago and asked him how often customers replace their molds. He said generally 5 - 15 months, depending on the customers. He's also said that ESCeramics do not focus on meeting the expansion needs of customers, but rather the recurring income found in replacements.

Posted by stevenkhoo > 2017-06-21 08:44 | Report Abuse

ceramic moulds would not last very long as the gloves factory operates long hours, the wear and tear

Posted by stevenkhoo > 2017-06-21 14:40 | Report Abuse

the stronger the chemical used in making the gloves, shorter life span for molds

win2win

528 posts

Posted by win2win > 2017-06-22 10:41 | Report Abuse

@BillyK so what is the conclusion?

Posted by stevenkhoo > 2017-06-22 11:27 | Report Abuse

bottom fish tday
some catches

Sami_Value

430 posts

Posted by Sami_Value > 2017-06-22 12:10 | Report Abuse

fullcreammilk @Sami_Value. I spoke to the ED 2 years ago and asked him how often customers replace their molds. He said generally 5 - 15 months, depending on the customers. He's also said that ESCeramics do not focus on meeting the expansion needs of customers, but rather the recurring income found in replacements.
21/06/2017 08:38

millions thank you full cream susu. Now at least got feedback stating the mold is consumable....Need to thank myself also for asking correct question. kikiki

where are all our journalists? The Edge , Focus M? can do some research on this hand former and publish some article to create some awareness on the hand former function, life cycle, etc? Stop publishing the keh poh chi not educative rumor article

dizzyshin

36 posts

Posted by dizzyshin > 2017-06-23 17:32 | Report Abuse

i have been accumulating for quite some time. Hopefully the transfer to main market can be successful.

gutt

169 posts

Posted by gutt > 2017-06-28 17:09 | Report Abuse

Didn't see any big share holder buy back share in past few months. As their quarter month should from march-may.

So I starting doubt of their transferring to main board activity will carry on smoothly.

vxpoison

1,906 posts

Posted by vxpoison > 2017-06-28 19:38 | Report Abuse

Look for opportunity from now onward....

Posted by stevenkhoo > 2017-06-29 09:26 | Report Abuse

still consolidation mode

Posted by stevenkhoo > 2017-06-29 09:33 | Report Abuse

nid to breakout above 42cts
for trend reversal

Ewenyow

8 posts

Posted by Ewenyow > 2017-06-29 14:51 | Report Abuse

Sifu,Does any report yet?

vxpoison

1,906 posts

Posted by vxpoison > 2017-06-29 17:53 | Report Abuse

Yup Stevenkhoo... I agreed with u, need to stand above 0.420 for a reversal to begin.

nikicheong

2,489 posts

Posted by nikicheong > 2017-07-03 23:42 | Report Abuse

Q4 report should be out within 3 weeks. How will it be? Can they get back on track or will costs keep eating into the margins? Ayuh, kita nantikan!

Posted by stevenkhoo > 2017-07-05 08:21 | Report Abuse

was told business prospects is good with long order book
really hoping for a good result for Q4 this month

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