Posted by Mikecyc > 2020-05-28 08:48 |

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Posted by Mikecyc > 2020-05-28 08:48 |

Post removed.Why?

Posted by Mikecyc > 2020-05-28 08:49 |

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Posted by Mikecyc > 2020-05-28 08:49 |

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Posted by Mikecyc > 2020-05-28 08:50 |

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Posted by Mikecyc > 2020-05-28 08:50 |

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Posted by Mikecyc > 2020-05-28 08:51 |

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Posted by Mikecyc > 2020-05-28 10:03 |

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Posted by Mikecyc > 2020-05-28 10:04 |

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Posted by Mikecyc > 2020-05-28 10:04 |

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Posted by Mikecyc > 2020-05-28 10:05 |

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Posted by Mikecyc > 2020-05-28 10:05 |

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Posted by Mikecyc > 2020-05-28 10:06 |

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Posted by Mikecyc > 2020-05-28 10:06 |

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Posted by Mikecyc > 2020-05-28 10:07 |

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Posted by Mikecyc > 2020-05-28 10:08 |

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Posted by calvintaneng > 2020-05-28 10:08 | Report Abuse

Directors taking small profits very ok

They still keeping alot

ES_CERAMIC FUTURE VERY BRIGHT

1) SUPERMAX 3 NEW FACTORIES NOW UNDER CONSTRUCTION

ONE NEW PIECE OF LAND WORTH RM20 MILLIONS JUST BOUGHT FOR MORE EXPANSION

ES_CERAMIC HAND FORMERS SHALL DO WELL

Posted by Mikecyc > 2020-05-28 10:08 |

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Posted by Mikecyc > 2020-05-28 10:09 |

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Posted by Mikecyc > 2020-05-28 10:09 |

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Posted by lollipopkan > 2020-05-28 10:17 | Report Abuse

If you are hotel and resort operator, now is the bad time for your business.

However, if you have cash and resource to invest, hotel and resort is also the second best investment right now, right after glove-making and healthcare companies.

Posted by Mikecyc > 2020-05-28 12:08 |

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Posted by calvintaneng > 2020-05-28 12:10 | Report Abuse

No risk in ES_CERAMIC AS IT IS CASH RICH

Main risk comes from gila mikecyc spamming lies

Posted by Mikecyc > 2020-05-28 12:12 |

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Posted by Mikecyc > 2020-05-28 12:13 |

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Posted by Mikecyc > 2020-05-28 12:14 |

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Posted by Mikecyc > 2020-05-28 12:17 |

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Posted by Richielee > 2020-05-28 13:55 | Report Abuse

lol@mike - many comments. You must have plenty of interest in this stock.

Posted by AdCool > 2020-05-28 14:07 | Report Abuse

How come Mikecyc comments so fast got deleted? someone here close with admin?

Posted by Lewis Lee > 2020-05-28 14:13 | Report Abuse

I guess Mikecyc is a day trader and had bought at highest price of 0.595 recently and suffered contra loss , get so frustrated and came here to spam to vent frustration !
Very common in i3 and many share investment forums, losers will normally came and vent anger and frustration when they suffered loss !!
Jaks forum recently got so many F words here and there because many people suffered loss and frustrated !!

As I always say, if you are value investors and hold long term, the prospect is very good for ice cream :-
Not only big 4, small 4 and tiny 10 etc rush to expand and replace their over-worked / spoilt hand formers, many players want to enter this juicy business nowadays .... glove makers are going to fight against each other for market share soon, BUT .... still minimal competition amonst this second liners hand former business... simply because it has been largely ignored by investors !!

Before common investors notice this, it is time to collect at cheap and wait to SELL HIGH to those realize later to panic buy !!

Posted by Lewis Lee > 2020-05-28 14:17 | Report Abuse

The more and more glove makers to expand or new players venture into glove making business, the only end beneficial will be none other than ICE CREAM !!

the next QR out around end July might not reflect that yet, but if the CEO 's outlook comment is good there, the price will SHOOT UP, the QR out at end Oct, 20, end Jan, 21 will be huge !!

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

Ppl want fast money and they are getting there from the big 4 + comfort. Esceramic is totally ignored for now cause the hot money is with big 4 and comfort.

Posted by Lewis Lee > 2020-05-28 14:40 | Report Abuse

Ice Cream best profit year is 2016, around 7.3 millions, EPS = 3.6,
if they can repeat that (very likely or even better due to glove's boom time), and with net cash of almost 10ct per share, based on KC Chong's fair valuation of their PE shall be :-
current share price = 40ct, minus cash per share of 10ct, net price for PE calculation shall be 30ct only !
forward PE :- 3.6 / 30 = 12 ! ( I myself shock to compute that !!)

comapring to present Top Glove / Harta PE= 85, supermax = 74, comfort = 53 !
I just read all glove companies (except Harta) have high gearing

Posted by Lewis Lee > 2020-05-28 14:51 | Report Abuse

just for computation, if they can repeat EPS of 3.6 per year going forward,
valuation with PE of 20 (the most conservative) , share price will be 72ct + 10ct cash = 82 cts
PE of 30, share price = 1.08 + 0.10 cash = 1.18
PE of 40 (crazy value as per glove but stil half of glove ! ), share price = 1.44 + 0.10 cash = 1.54

Posted by Lewis Lee > 2020-05-28 15:05 | Report Abuse

I just read from the star news, the gearing of the following glove counters =

Harta = net cash 31 mil
Top Glove = net debt (2.2 billion)
Kossan = net debt (245 mil)
supermax = net debt (254 mil)
comfort = net debt (49 mil)

Posted by Lewis Lee > 2020-05-28 15:14 | Report Abuse

All Ice cream lovers, sit tight !
After finished frying Big 4, now frying Little 4, ..... Baby Ice cream will be NEXT !! For sure !!

Posted by Lewis Lee > 2020-05-28 15:19 | Report Abuse

Ice cream share cap very small only = 200 millions, 2 big bosses controlled 45%, so public only hold 110 miliions, once put on burner for frying, one day can SHOOT UP to 0.60 already !!

Posted by AdCool > 2020-05-28 15:30 | Report Abuse

PE of 30 is possible as this is not considered big 4.
The P/B ratio is just 0.420/0.26 = 1.615.
Supermax and TopGlove are trading at P/B ratio of 8.3++. Kossan is around 7.6 while Harta is at 14.667.

Conservatively and giving this glove theme play, a P/B of 4 would yield 1.04 for Esceramic. Hence with PE30 and P/B of 4, the value could reach between 1.04 - 1.18.

Posted by EdenOfSaudi > 2020-05-28 15:49 | Report Abuse

On form today.

Posted by Moneyteam > 2020-05-28 16:00 | Report Abuse

Sell more le ... i wan to buy lagi ... y everyone buying now hahahahha

Posted by tan1868 > 2020-05-28 16:07 | Report Abuse

mike went hiding!

Posted by joni > 2020-05-28 16:26 | Report Abuse

chart trending up

Posted by Lewis Lee > 2020-05-28 16:44 | Report Abuse

Small 4 Glove counters almost go LIMIT UP !!
Baby Ice cream will be LIMIT UP next !!

Posted by Sashay88 > 2020-05-28 16:51 | Report Abuse

its coming up soon

Posted by ivanpui93 > 2020-05-28 16:54 | Report Abuse

the momentum is there ... slow and steady ! enoy the journey then the ride

Posted by Sashay88 > 2020-05-28 17:00 | Report Abuse

tomorrow

Posted by EdenOfSaudi > 2020-05-28 17:12 | Report Abuse

Lmao. Where is Mike ?

Posted by Mikecyc > 2020-05-28 17:38 |

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Posted by Mikecyc > 2020-05-28 17:44 |

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Posted by Mikecyc > 2020-05-28 17:45 |

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