A Must buy the cheapest out of 7 GLOVE stock in BURSA** Carepls WHY???
1) Carepls gloves capacity 4.1 Billions n will increase to 6.1 B 3rd/4th QTR this year, next year 2021 will increase up to 8.8 Billions n Carepls also joint venture with most pioneer n well establish glove maker ANSELL is world leading supplier of medcical glove Carepls is the cheapest Gloves stock now at RM 3.88 (share issue 540,359 m )
2)Comfort gloves capacity 5 Billions n will increase to 5.5 B only end of this year Comfort stock price as of now at RM 4.88 (share issue 582,949 m )
3)Ruberex gloves capacity 1.5 Billions will increase to 3 B only end of this year Ruberex stock price as of now at RM 2.89 x 3= RM 8.67 (share issue 277,425 M x 3= 832,275 M)
Among the 3 Gloves stock Carepls the cheapest at RM 3.88 and capacity the highest at 8.8 Billions Glove by next year
Where else Comfort and Ruberex stock prices respectively already RM4.88 n RM2.89x3= RM8.67 and both capacity lower than Carepls
Better buy Carepls now before it overtake Comfort and Ruberex soon
Dont miss the final and last boat
No more cheap Glove stock boat anymore beside Carepls
Note: Carepls just like a last Emperor of China (Emperor PuYI)
KUALA LUMPUR (July 27): Careplus Group Bhd hit an all-time high in early trade Monday as it went back into the black for the second quarter ended June 30, 2020 (2QFY20), posting a net profit of RM36.21 million, of which RM15.4 million was registered as one-off gain from a stake disposal.
At 9.25am, Careplus rose 17.9% or 44 sen to RM2.90 with 61.65 million shares traded.
Quarterly revenue increased 26.9% to RM118.9 million, from RM86.9 million in the corresponding quarter last year.
The group said it will double its total production capacity to 8.8 billion pieces by end-2021 from 4.1 billion pieces currently — with a total of 50 production lines by then.
if u buy all three careplus, comfort & rubberex last 11 sept, right now u already smiling & don't need to brag anything to anyone..tier2 gloves indeed will follow tier 1 all because of sentiment play that still strong within glove sector
@za122831 mikecyc should go to TNB page & troll there..TNB right now is in 52 weeks low, it'll be hilarious to see him spelling doom & gloom towards TNB holder
owh BTW guys..if u have extra cash & want to ride a slow moving train, go buy some TNB shares right now..last time TNB get this discount price is during 2013 & 2015 within short period of days before they rise up again & never get to current price anymore
don't have to believe my word 100%..just open the chart & have a look at Tenaga current price..i'm sure u'll be drool..its up to u guys to make your decision
The group said it will double its total production capacity to 8.8 billion pieces by end-2021 from 4.1 billion pieces currently — with a total of 50 production lines by then.
Comfort Gloves
Currently Comfort is producing 450 million gloves per month or 5.4 billion gloves annually. From February it has added 6 new production lines to its existing 49 lines. The production increase is timely to take advantage of the higher sale prices.
Rubberex
Currently Rubberex is producing 1 billion gloves annually. Its new production plants which is scheduled to start operation in June has a production capacity of 2 billion gloves annually. The total production will be 3 billion gloves annually.
DO NOT BE FOOLED BY CAREPLUS' RECENT PROFITS. Out of the recent RM36.21 million profit last quarter from Careplus, RM15.4 million was one-off gain from the disposal of a 50% stake in Careplus to Ansell Services. It means Careplus profits last quarter was really only RM20.81 million from the sale of gloves!
It is a pity Careplus sold their company to Ansell. Now Ansell will take 50% of Careplus profits.
Rubberex's profit margin is HIGHER than Careplus. Rubberex's main business takes place in Europe where the virus is getting out of control right now. Picture of Rubberex's Europe HQ can be found on their Spain website: https://www.rubberex.es/contacto
chill guys..don't need too rush for the price to climb..if today it end around RM3.90 is still good..let it accumulate a lil bit further to make the next climb even stronger
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....
davidong
255 posts
Posted by davidong > 2020-10-19 10:38 | Report Abuse
I think the coming qr result will be fantastic