CHLEONG888 Calvin, good news!!! Why price still dropping 8%++ 30/04/2020 6:50 PM
Calvin answers:
The News is good if your look at Esceramic in its Full Year Context
1) Every year there are 4 quarters of reporting
1st Quarter : Jan to March (Reported by May)
2nd Quarter April to June (Reported by August)
3rd Quarter : July to September (Reported by November)
4th Quarter: October to December 31st (Reported by February)
Es Ceramic has been reporting last 3 quarters of Year 2019 to be good
But the final 3 months were not so because it fell into the Christmas Holiday season & the Chinese New Year lunar month of which Company is not operating in full capacity
But it should be compared to Year ending 2018 Christmas & Chinese New Year season then the picture is much cleaerer as that end 2018 was nagative & this end 2019 is positive
IN FACT THE DIFFERENCE WAS A 212% GAIN IF YOU LOOK AT ITS REAL CONTEXT
OF COURSE IF YOU WERE TO COMPARE 4TH QTR TO 3QTR THEN IT DOES NOT LOOK GOOD
THE REAL COMPARISION THEN IS TO WAIT TILL 3RD QTR OF 2020 TO COMPARE WITH 3RD QTR OF 2019 TO SEE ITS REAL DIFFERENCE
THAT WILL BE REPORTED IN JANUARY 2021
OF COURSE THAT WILL BE 8 MONTHS AWAY
BUT I THINK THE RESULTS OF JULY & OCTOBER 2020 SHOULD DO VERY WELL IN VIEW OF THE HEIGHTENED INCREASE OF MANY NEW GLOVE PRODUCTION LINES
I AM HAPPY TO ADD MORE ES_CERAMIC SHARES AT 3.55 SEN WHEN SO MANY WERE SKEPTICAL
LAST TIME WHEN 3 IB (INVESTMENT BANKS) DOWNGRADED UZMA TO A SELL I BOUGHT UZMA AT 55 SEN (UZMA LATER DOUBLED TO RM1.10)
WILL MY PURCHASE OF 35.5 SEN ALSO DOUBLE TO 71 SEN LATER?
beachboy not really understand.... anyone can expain? 30/04/2020 6:47 PM
I think the company has cash idling in the bank and not doing expansion so lend this hotel money thru RPS to earn some return better than bank. But after MCO the boss also scared now and reduced the borrowing from RM12.3 mil to RM2.3 mil. Someone please correct me if I'm wrong.
I also sold mine at 0.42 and 0.38. Now waiting for re-entry at cheaper price. I think it is still a relatively good counter to put money into provided the pricing is attractive.
If you can understand This month results were compiled from the year end months of 2019 when there is Christmas holiday season and Chinese New Year preparation many days were in slower months
Same thing happened in year end 2018 when results were even in the minus
So we should compare apple to apple
We should compare this year end result of 2019 to year end of 2018 then there is a growth of 212% in profit
So this result is ok and the selling is overdone
Even lactitan reported a minus negative quarter prices still gone up.
So this uncalled for sell down presents us a great opportunity to enter cheap as the uptrend of Es_cermic is intact
And stupid to buy Zelan with debt bomb of over Rm550 millions. Zelan going bankrupt soon
For Es_ceramics it is debt free with Rm19 Millions Cash
So money was spent in buying Production Mateial to Step up production to meet ever increasing demand of Hand Formers or Ceramic Molds due to Glove Companies Expansion
Avoid CyberThug who has nothing to show but cast doubts & trouble to people
""""Haha laugh die me , people is already recommended since 28/1/2020 , why cannot accept ! As read 2 out of 40 stock you recommended in 2019 is with profit .2018 recommended 50 stocks ? So 5 out of 90 stock is profit ?"""
mental boy@j just attack weak point. Real mentally damaged.
Metallly retarded jjohnchew and Vincent2002 both same entity the fake id is truly a hopeless case
All cyclical should be bought while cheap and sold when prices up to lock in good profits
As Ogse stocks were purchased near bottoms we have taken excellent profits and now switched this multi powerful bull run time of Gloves and glove material
Esceramic has gone to high of 43 sen and retraced
Those who sold at 42 sen does not mean that es_ceramic will not cross 42 sen again to reach 50 sen or 60 sen
Don't be too clever to predict or confirm as the glove bull only started in March 2020 and only one month young
Let everyone decide for themselves what they should do
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,182 posts
Posted by calvintaneng > 2020-04-30 16:38 | Report Abuse
Don't time the market as we are in Glove Bull run time
Last time Calvin called for a buy on Penergy even after it went limit up from 45 sen to 75 sen
After I bought at 75 sen Penergy even dropped to 68 sen but I bought all the way from 75 sen to 68 sen
At that time got naysayer Markstrong kept spamming why Penergy bad because linked to Najib
But I refused to listen
Then Penergy shot up to Rm1.00
Some only followed bought Rm1.00 but many bought at 75 sen
At around Rm1.20 I took profit.
To my surprise Penergy even shot up to the high of Rm1.86
SO DON'T WAIT TO BUY ES_CERAMIC
BUY ES_CERAMIC THEN WAIT