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

348,400


24 people like this.

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

air01557

2,511 posts

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

Posted by diehardunited > 2020-04-25 06:54 | Report Abuse

No way esceram can make profit like rubber glove players will do! Rubber glove has no time for expansion during the crisis!

Better switch to this stock below to enjoy riding a skyrocket rally!
https://klse.i3investor.com/m/blog/fatprofitstock/2020-04-25-story-h1506132918-FORGET_GLOVE_RELATED_PLAY_THIS_STOCK_CAN_RALLY_A_SPIKE_EVEN_MORE.jsp

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-25 10:31 | Report Abuse

It Break resistance 0.32 n 0.35 in a day ...Netx week will break 0.40 ... 0.42 time to retreat...

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-25 10:36 | Report Abuse

Thanks to polycarp...

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-25 10:44 | Report Abuse

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

SO ALL THESE ADD UP

jack2

1,359 posts

Posted by jack2 > 2020-04-25 10:52 | Report Abuse

Esc is the largest glove formers manufacturer in the world, wow
not many people aware

Posted by wongck > Apr 24, 2020 9:55 PM | Report Abuse

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

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-25 10:53 | Report Abuse

Ho ho blowing wind ....

Goldberg

2,918 posts

Posted by Goldberg > 2020-04-25 10:55 | Report Abuse

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

pang72

50,443 posts

Posted by pang72 > 2020-04-25 10:58 | Report Abuse

Back to 60c!

jack2

1,359 posts

Posted by jack2 > 2020-04-25 11:01 | Report Abuse

the price is way below its 55 cts ipo price in 2005, 15 years later
and the co. is net cash rm21m
very much underpriced

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-25 11:05 | Report Abuse

Price is peak at July’2016 ..0.63 ...

air01557

2,511 posts

Posted by air01557 > 2020-04-25 14:34 | Report Abuse

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.

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 00:51 | Report Abuse

Fantastic News for ES_CERAMIC

THAILAND NEW GLOVE COMPANY FINING IPO IN THAILAND

SEE

Top Thai medical gloves maker files IPO as pandemic spurs demand
Sri Trang Gloves aims to ramp up production capacity to 32bn pieces a year

32 BILLION GLOVES TO CHALLENGE TOP GLOVE

AND THE TOP COMPANY FROM MALAYSIA TO BENEFIT FROM THIS THAI GLOVE IS ES_CERAMIC BECAUSE ES_CERAMIC DERIVES THE HIGHEST REVENUE FROM THAILAND

NO WONDER CEO OF ES_CERAMIC WAS BUYING SHARES WHEN PRICES CRASHED IN MARCH

https://asia.nikkei.com/Business/Health-Care/Top-Thai-medical-gloves-maker-files-IPO-as-pandemic-spurs-demand

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 01:16 | Report Abuse

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

http://www.sritranggroup.com/en/about/company-profile

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 08:13 | Report Abuse

Progress Plasmic (Thailand) Co., Ltd.

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

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 08:14 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 08:15 | Report Abuse

Extract from Progress Plasmic ( Thailand) blog :


There are a lot of hand former manufacturer in different countries such as Germany, England, Canada, USA, South Korea, Taiwan, China, Malaysia, and Australia.

karlmark

230 posts

Posted by karlmark > 2020-04-26 08:58 | Report Abuse

Proxy to gloves industry
60 comin

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 09:01 | Report Abuse

FROM ES_CERAMIC OFFICIAL WEBSITE
https://www.esceramics.com.my/

CORPORATE PROFILE

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""

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 10:47 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 10:48 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 11:22 |

Post removed.Why?

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 11:43 | Report Abuse

Is surgical gloves not part of medical gloves?

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 11:44 | Report Abuse

The highest paying job in medical field is?

The heart surgeon of course!

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 11:48 | Report Abuse

Surgical gloves formers and examination gloves require the greatest skill from es_ceramic which command the highest prices

See how es_ceramic cash Hoard increased from quarter to quarter

Rm17 millions in Cash

Then Rm19 millions in Cash

Latest qtr Rm21 millions in Cash

This shows that Es_ceramic meets the Golden Rule of 2 quarter increasing profit

In Es_ceramic case it has 3 quarters of increase in profits and cash hoards

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 12:13 | Report Abuse

French technology partner, COQUET, who are masters in household and industrial formers, with more than 50 years of designing experience;

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 12:18 | Report Abuse

Esceram profit margin is reduced from FY16 24.3 % , FY17 19 % , FY18 0.9 % , FY19 2.3 % ..

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 12:22 | Report Abuse

Comfort , Supermax, Top Glove n Hartalega revenue r up 20 % to 40 % in 2018 to 2019 ... esceram Profit is low .. although FY20 2Q Profit is 11.5 %..

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 12:27 | Report Abuse

Es_Ceramic

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.

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 12:30 | Report Abuse

Es_Ceramic

Some more got SURGICAL GLOVES

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

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 12:32 | Report Abuse

Table 2 – Top Global Manufacturers and Producers of Nitrile Gloves based on Industry Research’s 2019 Global Market research report

Note – Annual revenue values derived from company websites and annual financial reports.
Company Name
Location
Estimated Annual Revenue

AMMEX
Kent, Washington, USA
Privately held

Ansell
Richmond, Australia
$1.499 billion

Aurelia Gloves
Aurora, IL, USA
Privately held

Barber Healthcare
Leyburn, United Kingdom
Privately held

Comfort Rubber Gloves Industries
Perak, Malaysia
$109.8 million

Dynarex
Orangeburg, NY, USA
Privately held

Hartalega Holdings
Kuala Lumpur, Malaysia
$655 million

Illinois Glove
Northbrook, IL, USA
Privately held

Kimberly-Clark
Irving, TX
$18.45 billion

Kossan Rubber
Selangor, Malaysia
$492 million

Medicom
Montreal, Canada
Privately held

Renco Corporation
Manchester, MA
Privately held

Riverstone
Selangor, Malaysia
$211.8 million

Rubberex
Perak, Malaysia
$47.6 million

Semperit
Vienna, Austria
$925 million
Sempermed

North Clearwater, FL, USA
$925 million

Synthomer
Essex, United Kingdom
$1.81 billion

Tan Sin Lian
Johor, Malaysia
Privately held

Top Glove
Shah Alam, Malaysia
$1.1 billion

United Glove
Newton, NC, USA
Privately held

VWR
Radnor, PA, USA
$1.52 billion

YTY Group
Kuala Lumpur, Malaysia
$10.8 billion

Shandong Yuyuan
Shandong, China
Privately held

Zhangjiagang Dayu
Jiangsu, China
Privately held

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 12:51 | Report Abuse

Es_ceramic is like a turbo engine car

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?

LET'S WAIT FOR APRIL RESULTS WHICH SHOULD BE GOOD

air01557

2,511 posts

Posted by air01557 > 2020-04-26 13:12 | Report Abuse

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.

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 13:19 |

Post removed.Why?

Johnchew5

11,339 posts

Posted by Johnchew5 > 2020-04-26 13:20 |

Post removed.Why?

Posted by Chua Joe Beng > 2020-04-26 13:20 | Report Abuse

Let me accumulate on Monday! Exposure to Sri Trang Glove (Thailand) n d company going for IPO is a plus factor for Esceram.

6044

123 posts

Posted by 6044 > 2020-04-26 13:58 | Report Abuse

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.

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 14:09 | Report Abuse

Short term if contra sell best time to enter on weakness

This might be the final opportunity to buy below 40 sen if any

OGSE bull run saw Dayang, carimin, penergy and uzma run up 400% to 500%

Glove just started in March or last month

So long way up to go

Will glove bull eventually follow Ogse bull to go as high as 500% or more?

Last time I bought mpi in year 2000 during dot. Com bull at Rm4. 50

I sold mpi too early at Rm5. 00 only to see it went up another 1000% to Rm50. 00

So just buy and hold till glove bull run it's course

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-26 14:10 | Report Abuse

Please throw to me 0.355 when market open.

air01557

2,511 posts

Posted by air01557 > 2020-04-26 14:19 | Report Abuse

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.

Posted by Chua Joe Beng > 2020-04-26 14:21 | Report Abuse

Wise to wait after profit taking is over!

Vincent2002

1,053 posts

Posted by Vincent2002 > 2020-04-26 14:25 | Report Abuse

Last year you promote 40 stocks , only 2 stocks are made profit . Worst is Scomies just pump n dump.

Vincent2002

1,053 posts

Posted by Vincent2002 > 2020-04-26 14:26 | Report Abuse

From 12 sen to 7 sen , now 1.1 sen ..

Vincent2002

1,053 posts

Posted by Vincent2002 > 2020-04-26 14:30 | Report Abuse

It rise from 0.14 to 0.355 .

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-26 14:39 | Report Abuse

Tomorrow will shoot above 0.40. Just look at LUXCHEM already understood what is going on.

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 14:40 | Report Abuse

There must be a time to buy & a time to take profit

For cyclicals the secret is TIMING

1) If you got inside a ferris wheel the best view is at the TOP when you can see the Far distance better

From the Flyer in Singapore South I could see Johor

See

https://www.singaporeflyer.com/

SO THE TIME TO TAKE PHOTO IS AT THE TOP (Not the bottom)

So if you bought carimin at 21 sen & sell at Rm1.47 you would have made 600%

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 14:41 | Report Abuse

What if esceramic gone mad like carimin (currymee) and go up from 14 sen & up 600% like carimin (currymee) Then it will be a crazy 98 Sen!!

karlmark

230 posts

Posted by karlmark > 2020-04-26 14:45 | Report Abuse

Growth stock, order book shot up the roof
Price is still below ipo price 55ct
Buy

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-26 14:45 | Report Abuse

Anyway I have to thank Calvin for informing me to buy a fantastic 0100.

calvintaneng

56,187 posts

Posted by calvintaneng > 2020-04-26 14:51 | Report Abuse

Again it depends when you TIME YOURSELF WHEN VISITING JAPAN

If CHUN CHUN DURING SAKURA FLOWER BLOOM THEN YOU SEE THIS

https://www.google.com/search?q=cherry+blossom+japan&tbm=isch&source=iu&ictx=1&fir=ecyMHpeSHSF-YM%253A%252CQi4Liyhx9f6VKM%252C_&vet=1&usg=AI4_-kT7AuBMp5W2SBUyLUl9x9-_k8FMHQ&sa=X&ved=2ahUKEwiE6vzKv4XpAhUVXisKHdKWCswQ9QEwCnoECAEQRA#imgrc=_i_0qPnEPMnOiM&imgdii=7wgi8SgP1GIwlM

If you missed? Then only green leaves in summer

So if you bought Penergy at right TIMING at 34 Sen

And sell at Top Rm1.86 you would have made 447%

SO IS GLOVE

MANY WILL EVENTUALLY REACH 400% & 500% GAIN

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