3rd quarter result expected on Monday 28th April. Expected 35% increase in PBT. The beauty is that this GEM is is expected to post a record profit for the 4th quarter ending 31st May due to huge sales orders within the region stemming from COVID19.
Those who followed my post at 4,20pm and bought are already in profit. The steep spike in price is expected next week. You can still join the bandwagon on Monday. Cheers
How Es ceramic will benefit by Topglove, Hartalega, Kossan, Supermax, Comfort glove, Rubberex, Riverstone (Spore) & all other Glove companies expansion in Malaysia, Singapore, Thailand & Indonesia & all countries (IT HAS PRODUCED AND SOLD 30 MILLIONS HIGH QUALITY HAND FORMERS TO DATE) ONE HAND FORMER RETAILS FOR AROUND RM50 to RM100 So lightweight Esceramic company has reached Billion Ringgit revenue and growing
Top Glove is Top in World Production. ES CERAMIC could also be said to TOP IN HAND FORMER OR CERAMIC HAND PRODUCTION IN THE WORLD
Some salient factors for ESCERAMIC
1) It produces the highly valuable Surgical & Examination Hand Former which command the highest prices
You cannot fool around with substand Hand Formers as Surgical & Examination Ceramic hands MUST BE of HIGHEST SAFETY
My son Dr David Tan graduated with MBBS after 6 years of Study in one of Australia's Top University
Why it has to take 6 years to get a Doctor Degree?
MBBS means
Bachelor of Science Bachelor of Medicine
Double degree in One. What so long. Because it INVOLVES LIVES! THE MOST SEROUS BUSINESS. HUMAN LIVES!
So is the Manufacture of SURGICAL GLOVES/ EXAMINATION GLOVES HAND FORMERS BY ES CERAMIC
My friend Dr. Lim Yew Cheng the Heart Surgeon of Gleneagle Hospital told me personally he use 2 Surgical gloves (not one) when he does heart surgery on the OT (Operating Theater)
Why he has to wear 2 layers of surgical gloves (instead of one)? Because he said after finishing operation once he discovered that there was a minor cut in his glove. So for added safety he wears 2 gloves.
SO IS THE BUSINESS OF ES CERAMIC THAT HELP IN THE MANUFACTURE OF HAND FORMERS WHICH HELP TO PRODUCE 300 BILLION GLOVES THAT MALAYSIA EXPORTS WORLD WIDE
2) Thru a new found surge of Glove demand from Whole World in Covid 19 lock down there is an urgent need for more Gloves
This will lead to more building of New Glove factories which in turn will increase the demand for Hand Formers or ceramic hands
3) Rubberex already planned to a new factory which will add another Billion nitrile examination gloves
4) SUPERMAX has bought more factory land in Serendah to expand Glove production
5) Since TopGlove goes into 24/7 production the wear and tear of glove hand formers will increase. Any defect or crack thru constant non stop use will need replacement
Malaysia is the largest producer of rubber gloves in the world. Esceram is the biggest manufacturer of hand formers in Malaysia and probably the biggest in the world. The upside for Esceram could be attractive given that its stock is still trading at undervalue & below its IPO price of RM0.55 in 2005
Demand for ceramic formers looking good. Here are the expansion plans for Kossan, Harta Supermax & Topglove
Planned Expansion - Hartalega The first 4 lines of Plant 6 (installed capacity of 4.7b pieces) have commenced commercial operations and the remaining 8 lines are expected to be gradually ramped up. Plant 7 is expected to be commissioned by early 2021, which will focus on small orders as well as specialty products with an installed capacity of 3.4b pieces. All in, Plant 5, 6 and 7 will add a total capacity of 12.1b pieces, raising installed capacity to 43.7b pieces per annum.
Planned Expansion - Kossan Kossan is embarking on an aggressive capacity expansion as opposed to their past historical conservative expansion stance. Recall, beyond plant 19, land clearing is underway in the Bidor plant, and the first plant is expected to start commercial operation sometime in 2021, earlier than the previously targeted 2022.
Planned expansion - Supermax Acquired two pieces of land over the past 12 months. Looking ahead, growth beyond FY21 is underpinned by capacity expansion via two land acquisitions. SUPERMX recently acquired a piece of industrial land for RM20m measuring 4.1 acres while back in July 2019 the group had acquired a piece of land measuring 16.1 acres for RM65m. Both lands are adjacent to its current Maxter Plant in Klang the merged and enlarged land tract and subsequent expanded facility within the vicinity of its Maxter Plant should yield operational synergies and greater economies of scale. The 16.1 acres land is earmarked for plant 13,14 and 15 with an estimated capacity of 4.4b pieces for each plant over the next few years. The 4.1 acres land is slated for one plant with an estimated capacity of 4.7b pieces per annum.Expansion plan. Despite the MCO in Malaysia, Top Glove does not expect any delay in the commissioning of the 1st Phase of its F40 Plant (+2.7bn pcs nitrile gloves pa), which was scheduled to start operations in 2QCY20.
Planned Expansion - Topglove Top Glove does not expect any delay in the commissioning of the 1st Phase of its F40 Plant (+2.7bn pcs nitrile gloves pa), which was scheduled to start operations in 2QCY20. 25/04/2020 10:42 AM
Hand formers do crack and break due to wear and tear. The production line is moving 24 hrs and when some hand formers break the line does not stop and it is replaced as the line keeps moving. Presently all glove factories are running at full capacity and some are expanding their facilities. Hence the demand for Hand Formers is huge.
It hit a peak price of 0.63 in July 2016. With the present continuing demand the price can easily surpass 0.63 - recommended BUY.
Sri Trang Glove (Thailand) before IPO already produced 27 billion gloves (After IPO will increase by 5 Billions more) ES-CERAMIC will sell more Hand Formers in Thailand as its operation & revenue in Thailand is the highest
Hand former for medical glove industry Compliant with F.D.A Standard (United States Food and Drug Administration)
Hand former for household glove industry Home gloves for grabbing, washing, sweeping, mopping, cleaning
Hand former for industrial glove Gloves that are used in the metal industry, plastic industry, textile industry, etc.
Plastic Injection Service Plastic Injection Service is available for any kind of equipment or parts such as PP, PE, PS, PVC, AS, ABS, HI-IM, Nylon, POM, and etc.
ABOUT US For over two decades of experience, we have provided standard ceramic hand former and do our best to meet customers’ demands through our One-Stop Service. We have expanded our products in plastic, stainless, steel, and other kinds of injection molding for former holder set with our aim to completely deliver our products to rubber glove manufacturing industry within both domestic and international market such as Malaysia, Singapore, India, and etc
There are a lot of hand former manufacturer in different countries such as Germany, England, Canada, USA, South Korea, Taiwan, China, Malaysia, and Australia.
Since 1998, from its humble beginnings in Ipoh, Perak, ES Ceramics have grown to be known as one of the main quality producer of ceramic formers subscribed by the glove industry throughout Malaysia. In 2005, ES Ceramics was the first and only handformers manufacturer listed in the ACE Board of Bursa Malaysia Securities Bhd. and remains listed until today.
ES Ceramics started with producing formers for examination gloves. Today we have expanded our formers range to surgical, household, industrial, ballons and speciality formers - endorsed and supported by our French technology partner, COQUET, who are masters in household and industrial formers, with more than 50 years of designing experience; supported with a background of solid reputation for creative and practical design and quality control solutions.
ES Ceramics today have successfully grown to be a heavyweight former manufacturer in Malaysia and also operating in Southern Thailand with its own manufacturing plant.
Read again: "" with more than 50 years of designing experience""
ES Ceramics started with producing formers for examination gloves. Today we have expanded our formers range to surgical, household, industrial, ballons and speciality formers - endorsed and supported by our French technology partner, COQUET, who are masters in household and industrial formers, with more than 50 years of designing experience;
Read carefully
ES Ceramics started with producing formers for examination gloves
What are examination gloves?
See
What is examination gloves? Medical gloves are disposable gloves used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients. ... Examination gloves are available as either sterile or non-sterile, while surgical gloves are generally sterile.
ES Ceramics started with producing formers for examination gloves. Today we have expanded our formers range to surgical,
EXPANDED FORMERS TO SURGICAL
There are two main types of medical gloves: examination and surgical. Surgical gloves have more precise sizing with a better precision and sensitivity and are made to a higher standard. Examination gloves are available as either sterile or non-sterile, while surgical gloves are generally sterile.https://www.quill.com/content/index/resource-center/healthcare/exam-surgical-gloves/default.cshtml
Only When Car speed crossed a certain limit the "TURBO" will be activated
Since Top Glove, Harta, Supermax, Comfort now so hot THE TURBO OF ES-CERAMIC WILL ALSO FIRE UP
Already turned positive for last 3 quarters
Es_ceramic result will be good this April
INSIDER BOSS ALSO BOUGHT MORE IN MARCH 2020
MR WONG FOOK LIN 19-Mar-2020 Acquired 700,000 - View Detail MR WONG FOOK LIN 18-Mar-2020 Acquired 434,800 - View Detail MR WONG FOOK LIN 17-Mar-2020 Acquired 188,000 - View Detail MR WONG FOOK LIN 16-Mar-2020 Acquired 3,020,000 - View Detail MR WONG FOOK LIN 28-Feb-2020 Acquired 394,500
While Market Collapsed in panic from Feb 28 to March 19 the Director has been buying and buying lots of Es_ceramic shares
Last quarter report was Jan 20 2020
So March 19th from Jan 20 2020 already 2 full months result know already Plus also did Insider know Sri Trang Glove expanding Big Time by IPO in Thailand and will expand Glove production by another 5 Billions to 32 Billions?
Indepth info here. Kudos to Calvin. We look forward to a jump in profits when results are announced tomorrow or on Tuesday. The next quarter will be even better due to huge demand growth for gloves universally. It is time to accumulate.
Is q result out on Monday or Tuesday ? Looking at last Thurs & Fri uptrend, perhaps contra force selling will due on coming Tues & Wed. Q result may only announce on Wed or Thurs which timely to catch contra players & also in line with other related counters profit taking time. Just imagine within a week or less, all related lagging counters price gone up > 40% & apa u mau lagi ?? Monday it may open green but may close red, judge your own.
6044 what contra selling? 1. There is no force selling expected as price was rising for last three days. 2. No contra selling expected as price is increasing with volume as buyers have overcome sellers. This is only the early stages of the bull run for this counter.
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air01557
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Posted by air01557 > 2020-04-25 00:32 | Report Abuse
3rd quarter result expected on Monday 28th April. Expected 35% increase in PBT. The beauty is that this GEM is is expected to post a record profit for the 4th quarter ending 31st May due to huge sales orders within the region stemming from COVID19.
Those who followed my post at 4,20pm and bought are already in profit. The steep spike in price is expected next week. You can still join the bandwagon on Monday. Cheers