For now it will be tight range trading. The real power play will comes in October month. Hold on to your tickets. Be cool and don't let the price swing affect your emotion.
UG Healthcare (Malaysian Glove maker, listed in Singapore), up 17% last 3 days! Biolidic (Test kits), up 30% last 2 days! Healthcare flowing into Singapore market last 3 days! Retailers and Institutions are coming in, funds will flowover to Malaysia soon. Invest healthcare stocks now! Follow the money flow!
Comfort (OEM) RM3.82 current capacity 5,4billion, 2021 capacity 5.9billion Current PAT 42.7mil Ruberex (OEM) RM5.37 current capacity 3billion Current PAT 22.9mil Careplus (OBM) RM3.15 current capacity 4billion, 2021 capacity 8billion PAT 36.2mil
Why do I think Careplus will have most upside potential? 1) its OBM just like Supermax so it has bigger potential to have bigger PAT in the next quarter. 2) Capacity will be doubled by 2021 , with high margin and increasing ASP can you imagine in 2021 Careplus may even reach RM100mil PAT per quarter! 3) Next QR on October if above RM50mil (which i believe with its OBM model can easily achieved) the share price might go all the way to rm9 thats almost 300% or 3 times the current share price. Assuming you own 100,000 shares of Careplus valued at RM315,000 today. It might grow to as high as RM900,000 next month and even higher next year. Remember how Supermax grow from RM1.60 to RM24.44?
@JohnFarmer458, high possibility TP 8 achievable this year as next year maybe abit too far to ponder..But yeah exactly spot on brother..Aisay, I have oni a small Qty affordable 10,000 shares oni n still on the deficit but should pick the momentum in the coming weeks..Previous years QR falls on 30 Sept if I have not mistaken..
I don’t care if it’s bearish or bullish engulfing. Low high RSI EMA whatever. TA is useless because if everyone uses the same indicator, the stock will plummet
Still holding Carepls right. Good company with proven track record and decent management. If today drop, I won’t be disappointed. If today up, I’ll celebrate. This counter a little overvalued but definitely NOT GORENG
Still cheap, don't miss the boat! We know that glove sector will bloom when other sectors decrease. Cause truth to be told, there is no other shares that will have a guarantee return with Covid-19 except healthcare. Forward looking. Don't settle for small amount when we can all soar for higher.
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....
JohnFarmer458
1,797 posts
Posted by JohnFarmer458 > 2020-09-24 18:04 | Report Abuse
From the past Careplus history , when careplus is on a good rally it would limit up the next day...