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 - 0.16

Trading Volume

190,400


24 people like this.

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

karen koh

990 posts

Posted by karen koh > 2020-05-13 16:45 | Report Abuse

k tq Richielee

Teemo Tee

41 posts

Posted by Teemo Tee > 2020-05-13 16:50 | Report Abuse

Richielee, now hold or sell?

Posted by lollipopkan > 2020-05-13 16:54 | Report Abuse

@Teemo Tee hold, covid-19 is far from over and this counter only will announce qr end of next month, insider said qr is very very pretty.

karen koh

990 posts

Posted by karen koh > 2020-05-13 16:57 | Report Abuse

yes lollipopkan but we wait for next round.
will enter again n thks Richielee guiding.

ivanpui93

60 posts

Posted by ivanpui93 > 2020-05-13 16:58 | Report Abuse

my average price 0.536 ... Damn kena trap liao !!!! really ice cream liao

Posted by CatchThe Bull > 2020-05-13 17:03 | Report Abuse

I just want to highlight to traders/investor here regarding the core business of Esceram is ceramic hand former, do you understand what material is ceramic? If no new production lines expansion for Glove manufacurers, the demand/order for Esceram should be limited. Ceramic materials are long lasting. If not accident broken or new lines expansion, the orders are very limited.

Posted by CatchThe Bull > 2020-05-13 17:04 | Report Abuse

Beware of shark.

karen koh

990 posts

Posted by karen koh > 2020-05-13 17:04 | Report Abuse

is ok will up again if got holding power or avrg it again when price is below again

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2020-05-13 17:29 | Report Abuse

chart damn nice. GG

Posted by lollipopkan > 2020-05-13 17:31 | Report Abuse

Core business of this time now is glove manufacture counters.

Buy, hold or sell, whatever, covid19 is far from over.

Posted by huat888daily > 2020-05-13 17:50 | Report Abuse

esceram will not bankrupt for sure, safe safe invest, slow and steady

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-05-13 17:58 | Report Abuse

Been rallying for 1.5 days, but people started to shake just because of 1 hour down.. Bilis dead, banker say thanks

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-13 18:02 | Report Abuse

I read most glove companies (big or small) planning to expand, who doesn't want at this timing ?
Ice cream's products are surely in high demand now or in the future !
I just think maybe they need to expend their manufacturing output also to catch this glove-bull-run trend ! they have the expertise, experience, customers, goodwill, and .... ready cash of RM20mil in their balance sheet to do that !!
From FA point of view, I start to like this company becasue of their net huge cash position (almost 10c per share) , comparing to most glove companies with high gearing ! YEt they are making profit every years and giving up dividends !
For example, LKL & careplus, recent 2 punters' darling , both are huge loss making past few years with high gearing, and be fried up to ridiuclous price ! Those counters really need to be beware !!

If you are FA investors, and can't stand the excitement of watching your trading screen up down every second, you can buy tonnes of "ice cream" and just lock in inside the freezer, wait for the time covid 19 pandemic subdue, then only open up your freezer, lick and eat your grown delicious big fat ice cream then !!

Teemo Tee

41 posts

Posted by Teemo Tee > 2020-05-13 18:23 | Report Abuse

I entry at 0.585. hmm. Just hold 1st. believe on their next QR.

jack2

1,359 posts

Posted by jack2 > 2020-05-13 19:00 | Report Abuse

sharky said thanks everyone who bought

Foogo90

121 posts

Posted by Foogo90 > 2020-05-13 19:42 | Report Abuse

@lollipop where u get the insider new?

Foogo90

121 posts

Posted by Foogo90 > 2020-05-13 19:45 | Report Abuse

Glove manufacturer will preorder ceramic former as standby. Production lines operate 24 hours without maintenance break will easily break the former with broken chain.Anyone know the ceramic price? Mayb former price will increase as demand is persist until end of this year at least.

Posted by timehappy126 > 2020-05-13 20:05 | Report Abuse

Wah wah wah.....the operator really merciless........today really excited and scared the shit of the short term trader...bravo bravo....good show good show....

ccharliie

48 posts

Posted by ccharliie > 2020-05-13 20:27 | Report Abuse

If people still continue to believe in the unending demand for gloves due to covid, that's a wishful thinking. The supplies are already in pipeline till the beginning of next year. Do note that more and more suppliers are fulfilling the demand all over the world and local producers had already priced that in. So the big boys had taken advantage of the first move to pump and dump. It's pretty precarious as they will move into other sectors which some forumers here had already been talking about it here. Be wiser and stay informed of this, so as not to be caught on the wrong foot.

karen koh

990 posts

Posted by karen koh > 2020-05-13 21:30 | Report Abuse

director is disposed 200,000 share is seen anything wrong

Posted by Afairuz1979 > 2020-05-13 21:44 | Report Abuse

Nothing wrong , human being

Croxxx

368 posts

Posted by Croxxx > 2020-05-14 08:14 | Report Abuse

Will buyers be back or continue selling?

Eldon

434 posts

Posted by Eldon > 2020-05-14 08:15 | Report Abuse

Just 200 lots were disposed, insignificant trade!
Any retailer can have more holding than this director...

smkts123

328 posts

Posted by smkts123 > 2020-05-14 08:28 | Report Abuse

Esceram doing a kind of monopoly business in Malaysia. It's supply the product to rubber gloves company

ivanpui93

60 posts

Posted by ivanpui93 > 2020-05-14 08:40 | Report Abuse

will keep since their next QR . at least this ice cream gt plenty of cash reserve on hand #cashisking

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 08:51 | Report Abuse

Not just ice cream experiencing volatile price movement, look at other glove, health care products counters all the same ! Bursa is moving with this theme play now, as long as covic 19 threat is still out there, this trend and theme play will continue or even strengthen in the future !
comparing to other volatile counters, Ice cream is one of a few with strong fundamental, net huge cash, profit every year since listing 2005 (except 2011, very astonishing !), their balance sheet in 2011 have high gearing with bank borrowing of around 15mil, and in latest Q report, all bank borrowing has reduced down to minimal with net cash of aorund 20 mil !! Are you not impressed ??
Do the research yourselves !
I think they are very conservative and low profile, hardly see the CEO or directors giving interview to press ! If one day they do .... sky is the limit liao !!!

Posted by timehappy126 > 2020-05-14 08:52 | Report Abuse

today will be volatile a day....i guess

Posted by lollipopkan > 2020-05-14 08:53 | Report Abuse

Nett cash around 22 million.

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 08:56 | Report Abuse

short term trading will be very excited and heart pounding !! Those with heart problem better don't trade with this kind of counters, or else lock your stocks in freezer and do sth relaxing , only open your freezer to sell your ice cream once covid 19 subdue !!

Richielee

49 posts

Posted by Richielee > 2020-05-14 09:17 | Report Abuse

Morning guys. A little update here. DJ index is forming head & shoulder. For those who dont know what that is (https://www.investopedia.com/terms/h/head-shoulders.asp)

Next drop will be fugly if it doesn't bounce tonight. Don't FOMO good luck!

ivanpui93

60 posts

Posted by ivanpui93 > 2020-05-14 09:21 | Report Abuse

hahahahah I think still someone still slowly collect... good better tham sekali sapu

karen koh

990 posts

Posted by karen koh > 2020-05-14 09:23 | Report Abuse

Good morning richielee n friends..Richielee thks for good info

AdCool

3,862 posts

Posted by AdCool > 2020-05-14 09:38 | Report Abuse

Active but no power. Could be short term traders busy selling after reading the director disposed 200000 units yesterday.

Posted by timehappy126 > 2020-05-14 09:44 | Report Abuse

200,000 x RM0.595 = RM119,000 assuming he sold at the highest. His total direct shareholding is 800,000 units

ivanpui93

60 posts

Posted by ivanpui93 > 2020-05-14 09:55 | Report Abuse

steady everyone ... jangan lari with short term traders
when fundamental is strong then nothing to be sacred ...

Posted by huat888daily > 2020-05-14 09:56 | Report Abuse

i dont understand why people want to panic sell , just hold your ground

AdCool

3,862 posts

Posted by AdCool > 2020-05-14 10:03 | Report Abuse

They could be thinking that it s overvalue now.

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2020-05-14 10:07 | Report Abuse

Chart looks bad yesterday. Long doji leg. Operstor exiting. Escape wave this morning. Shortterm will drop below 40

Posted by timehappy126 > 2020-05-14 11:40 | Report Abuse

open went up to 0.495 and then dropped to 0.395 and now back to 0.455.....really like roller coaster.....hey....uncle cannot take this kind of hit leh....jangan main main boleh tak?

Posted by timehappy126 > 2020-05-14 11:42 | Report Abuse

u wanna bring me to Holland or Hampsterdamn? Be more steady pom pi pi can or not?

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 12:17 | Report Abuse

Today Glove big 4's turn to be fried up, all small cap glove counters taking a break !!
After finished frying Big 4, they will come back to goreng small co, hope for "goreng ice cream" lah !! sooner or later, you all will have one !!

NewbiesJC

77 posts

Posted by NewbiesJC > 2020-05-14 14:57 | Report Abuse

Ice cream don’t melt

Croxxx

368 posts

Posted by Croxxx > 2020-05-14 15:52 | Report Abuse

Ice cream no follow rally..............

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 16:25 | Report Abuse

Be patient lah... after finish frying big 4 & comfort (KYY s counter), they will come and give you a yummy "ice-cream goreng" !

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 16:28 | Report Abuse

Two way to play with ice cream :-
For FA, lock it in your freezer and to open up after news of vacine of covic-19 invented,
For TA, use your month (or others' mouths) IN OUT IN OUT licking the ice cream but heart pounding every second !! lol

Posted by EdenOfSaudi > 2020-05-14 16:34 | Report Abuse

True Lewis Lee. My freezer is full of ice creams. Can consume at home until covid ends.

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 16:37 | Report Abuse

This is what i3 stock god KYY 's comment when promoting his comfort counter just now :-
"Since many scientists predicted that Covid 19 pandemic will continue for 1 or more years until a vaccine is approve by FDA of USA. Under the circumstances, Comfort share price can go up higher for a long time until the demand for gloves is reduced. "

now is just the beginning of glove theme play ! More to come !!

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-05-14 16:41 | Report Abuse

problem with ice cream is because nobody (even their own CEO) to promote it with strong FA analysis !
If KYY , OTB or even chun chun call Calvin can promote this counter every week, then we can have ice cream goreng to eat lah !!

smkts123

328 posts

Posted by smkts123 > 2020-05-14 18:09 | Report Abuse

Ya they play hard this counter. If no promote ...then back to safe range 0.34- 0.38 sen. Until got something news about glove/ Covid19...then go back to 41- 46

smkts123

328 posts

Posted by smkts123 > 2020-05-14 18:11 | Report Abuse

Cause last 3 day..they take 0.40 sen ...then go straight to 0.595

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