Actually Chun Chun Call Calvin ( "Cal"l & "Win") Tan has been making stock call as a hobby all these years, as he has never asked for fee or profit sharing etc . He never force you to follow his chun chun call also. If he is a conman, he would have conned money and disappeared long time ago ! Everyday he is still as active as before come here to do "chun chun call" !! LOL End of the day, up to the investors or traders to do your own homeworks and make your own decison !!
Apart from Calvin, many other persons such as KYY, OTB, Cold Eyes, Icon8888, Philip etc.... even our Mickey Mouse, come here to give stock calls ! You can't held them liable for their call, they just recommend ! Chun or not Chun, depends on investors themselves to analyse and make final decisions.
Agree Lewis, does a anyone here give Calvin a cut of your winnings? Just be grateful that you make. Just if you don't play contra, guarantee you make from his calls.
My weekend research on Luxchem, LKL, ... 1. Luxchem :- chemicals processing company, but only 35% of turnover exposed to latex processing for glove industry, the rest exposed to construction, automobile and electrical industries. 35 % of business is good but 65% of business might be bad ... plus plus minus minus = break even in performance, according to analyst. FA quite good with years of stable profit 2. LKL :- suppliers of mainly medical beds and health care accessories, their products can be produced all over the world, losses reporting for past 2 years, last 4 Q total loss = -0.37 (horrible, almost wipe out their NTA !)
Comparing to ice cream, almost 99% expose to Glove industry... plain and simply to understand business and BS , with low future PE !
Lewis Lee very good finding. So.among the small stocks related to glove, esceram is the most relevant and very undervalue in the present euphoria on glove stock. Could be next to hit limit up hahaha
Esceram is the biggest manufacturer of hand formers IN THE COUNTRY & PROBABLY IN THE WORLD. All glove company depend on esceram for hand formers expecially during this pandemic times where production lines increase and run to the maximum 24 hours 7 days week
If you guys do a deep research on UG Healthcare (Malaysia’s company listed in Singapore), you guys will realize that it is quite similar to Malaysia listed Supermax and Top Glove. The reason Supermax and Top Glove up alot since Supermax release their quarter report is because these 2 companies are distributing their own brand of glove which lead to higher profit margin. You guys can understand further from the video as per below link. After watching, you guys can go read UG's report and you guys will realize that UG has their own distribution center at China, Nigeria, UK, German, US and Brazil. Despite UG didnt own 100% of share of these companies, but definitely it helps UG to have better profit. Also, these coutries are badly affected by Covid-19.
Also, not to neglect that Ug Healthcare German is also selling mask, PPE, disinfection, protective clothes etc. All these products are high demand product during this Covid-19. Please refer to the link to understand better.
Besides, UG Healthcare Nigeria is also very interesting distribution center as it is selling the similar products that UG Healthcare German is selling but on top of that, it is also selling infra-red thermometer which is also high demand. Please refer to the link below.
The link below will enable you to understand better about Uniglove UK. Even though it is old news but it definitely will be benefited during this pandemic as it is Europe’s first antimicrobial nitrile glove.
If we do comparison between Rubberex Malaysia and UG Healthcare. UG healthcare is lagging behind. Rubberex market cap = (rm3.56/3.06) * 252195617 = SGD 293,404,051 UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642
UG yearly capacity is around 3B where Rubberex only 2B.
So if we use production capacity ratio to market cap as below calculation. UG should worth SGD (293404051 (Rubberex’s market cap) * 3B (UG’s capacity)) / 2b (Rubberex’s market cap) = 214685891
UG’s potential share price = 214685891 / 196092856 (no of UG’s issued share)= SGD 1.09
If we do comparison between Careplus Malaysia and UG Healthcare. UG healthcare is also lagging behind. Careplus market cap = (rm1.40/3.06) * 531,359,799 = SGD 243,105,790 UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642
So if we use production capacity ratio to market cap as below calculation. UG should worth SGD (243105790 (careplus’ market cap) * 3B (UG’s capacity)) / 4.1B (careplus’ capacity) = 177882285.4
UG’s potential share price = 177882285.4 / 196092856 (no of UG’s issued share) = SGD 0.907
Even though careplus produce 1B pcs extra compared to UG healthcare, but UG healthcare will benefitted from it’s own brand of glove as well as it’s distribution centers in UK, Brazil and Nigeria are selling others PPE and tools which are badly needed during this pandemic.
If we use the method of one of the Malaysia’s famous investor to calculation the price per glove, UG healthcare is on 0.09 per glove which is much more cheaper compared to peers.
Even though the last quarter report seems like “poor”, but it was mainly affected by the production modification cost where the board has decided to on hold the modification in order to cope with the sudden spike of demand. Do take note that the modification at the end will benefit the group as well. UG has reported positive earning for the last 3 FY. In fact, increase of marketing expenses is good for the company in long run as once everyone know about “Uniglove”, the marketing expenses eventually will come back and profit will go up.
Most likely August report will have flying colour result.
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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....
Vincent2002
1,053 posts
Posted by Vincent2002 > 2020-05-30 10:05 |
Post removed.Why?