CAREPLUS GROUP BERHAD

KLSE (MYR): CAREPLS (0163)

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Last Price

0.315

Today's Change

+0.005 (1.61%)

Day's Change

0.305 - 0.315

Trading Volume

6,639,100


35 people like this.

40,005 comment(s). Last comment by xSna13 1 day ago

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:18 | Report Abuse

Has the euphoria for rubber glove makers dissipated?
Wong Ee Lin
/
theedgemarkets.com

September 03, 2020 10:30 am +

Two other research houses have meanwhile downgraded the glove sector to "neutral" from "overweight".

JF Apex Securities Bhd attributed its decision to downgrade to the deceleration of new cases of COVID-19 and the faster-than-expected development of the vaccine.

Another reason, it said, was that the momentum of rising average selling price (ASP) for gloves might not be as strong as initially thought as more companies were venturing into the medical glove business.

Also, the demand for gloves was tapering as a result of less social activities, said JF Apex in a note on Aug 27.

AmInvestment Bank on Aug 25 also downgraded the glove sector to "neutral" as the research firm believed that the valuations for glove companies under its coverage had been fully priced in.

"We think that the ASP will begin to taper off in [the first quarter of] 2021 after the expected increase in ASP until end-2020, which has been priced in. Share prices of all of the glove companies in our coverage have exceeded their target prices," said AmInvestment.

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:21 |

Post removed.Why?

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:23 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:25 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:25 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:26 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:28 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:29 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:29 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:34 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:35 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 15:36 |

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ktrader

1,871 posts

Posted by ktrader > 2020-09-13 15:41 | Report Abuse

haha

ktrader

1,871 posts

Posted by ktrader > 2020-09-13 15:43 | Report Abuse

Haha tomorrow gap up

Henry8833

874 posts

Posted by Henry8833 > 2020-09-13 17:02 | Report Abuse

Careplus mkt cap only RM 1.8b. Top Glove or Harta should offer to take over this small OBM gem...

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 17:52 |

Post removed.Why?

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 17:53 |

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vespa

870 posts

Posted by vespa > 2020-09-13 18:58 | Report Abuse

Mikecyc appears to have serious interest in buying glove stocks at some point as he seems preoccupied with it with incessant trolling.

vespa

870 posts

Posted by vespa > 2020-09-13 19:05 | Report Abuse

Boy I wish I had that much time disparaging a stock that I don't wish to buy.What a tangled web we weave

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-09-13 19:16 | Report Abuse

It’s not tangled, vespa. It’s called protectionism and profitism. It’s also called in a limited way “trying to short a stock” (since shorting is banned in Bursa for now). That’s what Macquarie did with TG; they can’t short it in the system so they try to short it with their “analyst report” recently

Many retailers are trying to short stocks here via comments. It’s just the way it has always been in forums...

mf

28,084 posts

Posted by mf > 2020-09-13 19:25 | Report Abuse

COVID-19: Universiti Oxford mulakan semula percubaan vaksin
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LONDON: Universiti Oxford, semalam memaklumkan percubaan bagi vaksin COVID-19 yang dibangunkan bersama syarikat farmaseutikal, AstraZeneca akan disambung semula.

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 19:32 | Report Abuse

◤全球大流行◢ 数十万人接种 中国疫苗 零感染 https://www.chinapress.com.my/?p=2190541

Newbie318

331 posts

Posted by Newbie318 > 2020-09-13 20:06 | Report Abuse

Haha covid theme play still intact and possible for gloves counter to go up again tomorrow.
Just relax yourselves and do not be influenced by those who missed the train or got other reaso n to down gloves stock.

denzadesu

387 posts

Posted by denzadesu > 2020-09-13 20:22 | Report Abuse

Mikecyc actively attack here,
good sign,
there will always attacker, when it start to bull,

by the way, next week, glove sure kaboom,
lets wait for topglove qr.
thats the only prove we need.

supermxmx

417 posts

Posted by supermxmx > 2020-09-13 21:13 | Report Abuse

Indonesia: Chinese vaccine trial volunteer gets virus
Whether volunteer received potential vaccine or placebo remains unknown, says clinical trial team leader
Nicky Aulia Widadio |
11.09.2020
Indonesia: Chinese vaccine trial volunteer gets virus


JAKARTA

A clinical trial volunteer for a Chinese COVID-19 vaccine candidate in Indonesia tested positive for the virus, said the trial team leader on Friday.

The vaccine is developed by a Chinese company, Sinovac Biotech, and imported to the country by the state-owned Bio Farma.

Kusnandi Rusmil, the head of the trial and research team from Padjadjaran University, said in a statement that the infected volunteer has been put in isolation under strict supervision.

"After nine days, the volunteer’s condition seems to be good," said Rusmil, without specifying the volunteer’s gender.

He said the volunteer, after receiving the first injection for the trial, traveled out of town.

“The volunteer was declared healthy upon returning from the trip and then received the second injection,” said Rusmil.

However, he added, due to their travel history, the volunteer was required to take COVID-19 test by the local health authority and tested positive for the virus.

Rusmil said he was unable to confirm whether the volunteer was injected with a potential vaccine or a placebo.

“As we conduct the trials under blind observer principle, we cannot identify who gets the vaccine and who gets the placebo,” he added.

Volunteers who were injected with placebo would be compared to those who were injected with the potential vaccine to determine its capability to build immunity.

Rusmil went on to say that the volunteers’ immunity against the virus would be formed after the second injection.

"Clinical trial volunteers will still have their health monitored for six months after the last injection," he said.

The team is conducting Phase 3 of the clinical trials, which started in early August to last six months.

At least 450 volunteers have been injected with a potential vaccine or placebo.
13/09/2020 9:10 PM
X
supermxmx Chinapress..... claims thousands have taken the vaccine..... actually they are all their military personnels..... All military personnels have to abide orders from the gov.... they have NO choice...... China have more 1 million military personnel and yet they DUN dare to vaccinated all of them...... WHY??????

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 22:20 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-13 22:21 |

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kory1310

127 posts

Posted by kory1310 > 2020-09-14 01:56 | Report Abuse

@Mikecyc i have something to tell you my friend

meimei88

21 posts

Posted by meimei88 > 2020-09-14 03:30 | Report Abuse

@Mikecyc..pls dun spam here...go write a blog or get a life
on
or

Chelly

57 posts

Posted by Chelly > 2020-09-14 05:35 | Report Abuse

Mikecyc you wasting our time here to read all your repeating comments on and on. You should open up own blog why you waste everyone time.

mf

28,084 posts

Posted by mf > 2020-09-14 06:01 |

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bulldog

12,157 posts

Posted by bulldog > 2020-09-14 07:00 |

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bulldog

12,157 posts

Posted by bulldog > 2020-09-14 07:00 |

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Posted by angelinvestor9898 > 2020-09-14 07:33 |

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VenFx

14,784 posts

Posted by VenFx > 2020-09-14 07:53 | Report Abuse

Lets witness the sweetest moment
Upon the 2.65 taken off yaa !

Posted by Careless_Whisper > 2020-09-14 08:11 | Report Abuse

I dont understand why there are people likes to curse and scare others in a forum.
Everyone can share their own opinion, but to use words to curse people kena burn to scare people is very despicable. If you are so accurate please give 3 company name here everyday to let us know how many percent it will go up on that day. Dont just curse here. Thank you.

VenFx

14,784 posts

Posted by VenFx > 2020-09-14 08:29 | Report Abuse

Good one Whisper ,

There is a saying
Never argue wth an idiot.

Ignore their hollow comments
Is the best way.

LETS FOCUS ON .

paktua73

18,215 posts

Posted by paktua73 > 2020-09-14 08:43 | Report Abuse

morning..paktua will be back here today..
capital pass T-2 ready
let be it

tut tut
below 2.70 all good bargain

Posted by reevnam8686 > 2020-09-14 08:46 | Report Abuse

come on.. gap up and limit up today

MaxGGG

251 posts

Posted by MaxGGG > 2020-09-14 08:58 | Report Abuse

more than 2.7 ady

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-14 08:59 |

Post removed.Why?

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-14 08:59 | Report Abuse

Referred to FY20 (Q2) ended June :

a) Financial assets

Trade and other receivables 53,660,000

Cash and bank balances 17,185,000

total = 70,845,000

b) Financial liabilities

Loans and borrowings 52,602,000

Trade and other payables 37,363,000

Lease liabilities 0

total = 89,965,000


a) - b ) = ( 19,120,000 )

Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-14 09:00 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-14 09:01 |

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Mikecyc

45,136 posts

Posted by Mikecyc > 2020-09-14 09:04 |

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