CAREPLUS GROUP BERHAD

KLSE (MYR): CAREPLS (0163)

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Last Price

0.305

Today's Change

-0.005 (1.61%)

Day's Change

0.305 - 0.315

Trading Volume

2,073,600


35 people like this.

40,005 comment(s). Last comment by xSna13 23 hours ago

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:01 | Report Abuse

as they are just acting without post fact views to support ..

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:01 |

Post removed.Why?

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:03 |

Post removed.Why?

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:06 | Report Abuse

Default delay instalment payment until September 2020 is another factor .. there are only 310,000 application to further delay to December 2020 .. 97 % is approved by relevant banks ..

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:10 |

Post removed.Why?

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:18 | Report Abuse

The New York Times

Updated September 18 ,2020

#PHASE 1 27

#PHASE 2 15

#PHASE 3 9

Vaccines
testing safety
and dosage
Vaccines in
expanded
safety trials
Vaccines
in large-scale
efficacy tests

# LIMITED
APPROVED 5

Vaccines
approved for early
or limited use
Vaccines
approved
for full use

# Vaccines 0

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-19 15:19 |

Post removed.Why?

AVIS79

16 posts

Posted by AVIS79 > 2020-09-19 15:37 |

Post removed.Why?

Posted by Vistar111 > 2020-09-19 17:40 | Report Abuse

Rm6.50, possible?

Posted by Newbiexxxxxxxxx > 2020-09-19 17:42 | Report Abuse

Yes

Plus000

89 posts

Posted by Plus000 > 2020-09-19 18:31 | Report Abuse

It will gap up again guys ,TP is RM5 , 6.50 maybe difficult

Posted by silversurfer96 > 2020-09-19 20:35 | Report Abuse

Well the fundamental still intact. Speculators will paniv.

Jarall

115 posts

Posted by Jarall > 2020-09-19 22:48 | Report Abuse

Monday gap up

Posted by elvislim773 > 2020-09-19 22:57 | Report Abuse

Still can enter on Monday?

Plus000

89 posts

Posted by Plus000 > 2020-09-20 00:07 | Report Abuse

Can 2.85 is still undervalued

Posted by Vistar111 > 2020-09-20 00:15 | Report Abuse

Ok, thanks. Monday masuk

bigprice

834 posts

Posted by bigprice > 2020-09-20 10:44 | Report Abuse

Retest 5.50

Posted by Warren ala carte > 2020-09-20 11:28 | Report Abuse

Donald trump also lose hope of having vaccine this year... earliest also next year April only

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-20 11:32 |

Post removed.Why?

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-20 11:33 | Report Abuse

BEIJING, Sept 15 (AFP): A China-developed coronavirus vaccine could be ready for the public as early as November, a Chinese official has told state television, as the global race to clear the final round of trials heats up.

Chinese manufacturers have been bullish about development, with companies Sinovac Biotech and Sinopharm even putting their vaccine candidates on display at a trade fair in Beijing this month.

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-20 11:34 |

Post removed.Why?

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-20 11:35 | Report Abuse

China's CNBG, Sinovac find more countries to test Covid-19 vaccines
Roxanne Liu & Tony Munroe
/
Reuters

September 05, 2020 19:39 pm

BEIJING (Sept 5): China National Biotec Group (CNBG) and Sinovac Biotech Ltd said on Saturday four more countries have agreed to run late-stage clinical tests of their coronavirus vaccine candidates, as China steps up its efforts in the global race.

Serbia and Pakistan are among the new countries agreeing to Phase 3 trials, as the two companies seek more data overseas amid dwindling new cases in China.

Serbia will test two vaccines developed by CNBG's Wuhan and Beijing units, and Pakistan will test the Beijing unit's candidate, the company told Reuters.
CNBG's Phase 3 trials are expected to involve 50,000 people in about 10 countries, said CNBG vice president Zhang Yuntao. Trials have already begun in United Arab Emirates, Bahrain, Peru, Morocco, Argentina and Jordan

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-20 11:36 | Report Abuse

Zhang said foreign countries have expressed interest in ordering a combined 500 million doses of its vaccines.

CNBG is expected to be able to produce 300 million doses of vaccine a year once it upgrades manufacturing techniques, and is working on a plan to raise its annual capacity to 1 billion doses, Zhang said.

Sinovac's vaccine candidate CoronaVac, being tested in Brazil and Indonesia, also obtained approvals from two other countries for Phase 3 trials, said Helen Yang, senior director of global strategy and business development at Sinovac.

Mikecyc

45,125 posts

Posted by Mikecyc > 2020-09-20 11:36 |

Post removed.Why?

Underhand

653 posts

Posted by Underhand > 2020-09-20 12:07 | Report Abuse

Will buy tomorrow

KK

1,368 posts

KK

1,368 posts

Posted by KK > 2020-09-20 12:16 | Report Abuse

The IBs are shorting the Topglove and Supermax to cover their massive losses from the "cheap" call warrants which they didn't foresee the price explosion. Nobody knew that Covid-19 is coming and its devastating effects on human lives hence came the staggering demand for gloves. Some IBs are seriously affected financially, you know who they are.

Now short selling is not allow so negative report on Top Glove hopefully to press down the price .

KK

1,368 posts

Posted by KK > 2020-09-20 12:17 | Report Abuse

Mikecyc a member of IB?

Coolken

3 posts

Posted by Coolken > 2020-09-20 12:21 | Report Abuse

Mikecyc definitely IB cybertrooper

Coolken

3 posts

Posted by Coolken > 2020-09-20 12:22 | Report Abuse

That guy is in the forum 24/7.. spamming non stop.. ignoring all the curses.. who else in the right mind would do that? unless taking a wage?

KK

1,368 posts

Posted by KK > 2020-09-20 12:26 | Report Abuse

Demand of glove will be keep increasing with the coming of second wave...new glove player will face raw material shortage so choose wisely on the company you intend to invest. Personally I choose Carplus as it is going to double production with newly additional lines install and its partner Anseel Australia with well establised worldwide distribution networks

Parrot

1,016 posts

Posted by Parrot > 2020-09-20 12:32 | Report Abuse

There seem to be so many call warrants for TG n Max from Sept to December..The total warrant value is also very huge should the IB compensates against the mother share..We know that glove demand is greater than ever with the ASP ever increasing n the profit margin is super huge as seen during the QR..There are also many sentiments especially on vaccine which has failed or postponed..This indicates that the Glove price is really low and should fly by right..Now just to enlighten, can someone confirm though it is purely based on facts, if the IB is gonna press the gloves mother share lower to offset the warrant price then this will go on till December though in between we would see the uptrend rebound otherwise is will be pressed lower before we see the uptrend next year once all the call warrant expires..Will this assumption be correct at least on paper..I see this as a risk though as for now till Nov we can still see that the demand isn't gonna slow any further but next year is abit too far to think for now..

We know that Careplus & second tier gloves are dependant on the Big 4 in someway..Will this be a stumbling block..TQ..

AVIS79

16 posts

Posted by AVIS79 > 2020-09-20 12:48 |

Post removed.Why?

KK

1,368 posts

Posted by KK > 2020-09-20 13:00 | Report Abuse

It is fortunate for us that short selling is not allow as imposed by Bursa Malaysia at this juncture otherwise the IB can easily press down the price by short selling the share with their huge reserved fund . Maybe the short selling factor is overlook by IB when issueing the call warrant as now facing huge losses when the call warrant approaching mature date..without the short selling activity it is not easy to press down the mother share price as you can seen in Top Globe with good earning report and share buyback . Of course they can issue report like Macquring IB downgrade Top Globe at RM 5 but the price just keep upping , majority of the investor will ignore the lousy report issued by this IB. How can you block the rising when smart money keep on flowing to the stock unless you short selling it during rising which is not allow presently?

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-09-20 14:12 | Report Abuse

I putting 75K ++ into carepls. 14000 units. waiting for people to rescure me at around 5.4.. please come as soon as you can.

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-09-20 14:14 | Report Abuse

2.85 is way too low to my initial entry price. 5.40 is mine... IB please help to rescure.

GengSaham

203 posts

Posted by GengSaham > 2020-09-20 14:18 | Report Abuse

Just wait one more week only

Parrot

1,016 posts

Posted by Parrot > 2020-09-20 15:56 | Report Abuse

@Tuapuikia, I am not that far from u in terms of lots, just that slightly lesser..Value wise I am not that far from u 2 despite after averaging..I am not sure how the IB's are going to pan out the game since the hot story on warrant is very disturbing n this can go till mid Dec..Now, let's see since QR for Carepls n Supermax is the last bait if u intend to make a move..Of course on paper, end 2020 or early 2021 we expect price to rocket for gloves but that's too far to forecast for now..Think wisely before making ur move..I believe it will go up but reaching RM 4 max maybe in short term hopefully by October if it could realise..

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