Posted by josephn > 2020-10-19 20:50 | Report Abuse

Luster, new glove counter in the making with price Rm 0.2+ like HLT or Carepls six months ago, don't miss this 1000% - 2000% uptrend opportunity

Posted by XiMiDaiJi > 2020-10-19 20:53 | Report Abuse

Agree with Kong99! Few weeks ago those dogs keep barking n cursing price went down to RM1-2 Somemore claim himself in this field “got inside news” wtf lol

Posted by JohnFarmer458 > 2020-10-19 20:59 | Report Abuse

During glove rally on July most counters hit their peak but since the major correction on September most has already rebounded close to their ALL TIME HIGH, except Ruberex which has already reach higher all time high by 22.9% from July peak! its just matter of time until all glove counters will reach their previous peak on July and climb to higher all time high

Supermax 10.70/12.22 87.6% (12.4% more to peak)
TopGlove 9.32/9.77 98.2% (1.8% more to peak)
Hartalega 19.00/21.16 89.8% (10.2% more to peak)
Kossan 8.13/9.75 83.4% (19.8% more to peak)
Comfort 5.08/7.28 69.8% (31.2% more to peak)
Ruberex 2.95/2.40 122.9% (22.9%+ ABOVE July peak) (NEW ALL TIME HIGH 2.95)
Careplus 4.04/5.83 69.3% (31.7% more to peak)
HLT 1.85/3.33 55.6% (44.4% more to peak)

Careplus still has 31.7% more to all time high, and most likely will enjoy more upside after reaching all time high like Ruberex 22.9% increase from July peak price.

there is a minimum of 54% upside to Careplus at current price

Posted by WarranBuffet > 2020-10-19 21:10 | Report Abuse

Guys, when QR will out?

Posted by mobbs68 > 2020-10-19 21:16 | Report Abuse

Result Date

October
1. Hartalega 27-Oct
2. Supermax 26-30-Oct
3. Careplus 23-Oct

November
4. Riverstone 9-Nov
5. UG Healthcare 1st Half of Nov
6. Kossan 19-Nov

Posted by HNWInvestor > 2020-10-19 21:16 | Report Abuse

https://www.theedgemarkets.com/article/third-wave-looms-investor-interest-returns-healthcare-stocks

more upside to come.

Posted by HNWInvestor > 2020-10-19 21:18 | Report Abuse

Kenanga Research believes, however, that ASP for gloves will be stubbornly high at least till mid-2021, which supports exponential quarter-on-quarter earnings growth over the next few quarters.

It foresees a tight supply situation as nitrile raw material and glove formers shortage will lead to longer production lead time. Also, the estimated incoming capacity for 2020 to 2022 indicates that demand will continue to outpace supply.

Posted by KK > 2020-10-19 21:43 | Report Abuse

https://www.freemalaysiatoday.com/category/world/2020/10/19/experts-predict-half-of-india-will-catch-coronavirus-by-february/?fbclid=IwAR3_kPKcUOFfsfK-PGGeHUw8WuShoiI9saHsvEmSzrJ170Bsu6m7Vag1jSY

Posted by Gaussian > 2020-10-19 22:07 | Report Abuse

When Mickey does not appear it mean uptrend all the way

Posted by ooi8888 > 2020-10-19 22:10 |

Post removed.Why?

Posted by mf > 2020-10-20 01:09 | Report Abuse

Globally, as of 2:01pm CEST, 19 October 2020, there have been 39,944,882 confirmed cases of COVID-19, including 1,111,998 deaths, reported to WHO.

Posted by KK > 2020-10-20 01:28 | Report Abuse

Tomorrow head towards level 5

Posted by bigby7 > 2020-10-20 04:23 | Report Abuse

https://www.theedgemarkets.com/article/remdesivir-hydroxychloroquine-found-not-effective-covid19-treatment

Posted by mf > 2020-10-20 05:13 | Report Abuse

Gloves stay strong, with fears over vaccine’s safety
CORPORATE NEWS

Posted by bigby7 > 2020-10-20 05:53 | Report Abuse

https://www.theedgemarkets.com/article/remdesivir-hydroxychloroquine-found-not-effective-covid19-treatment

Remdesivir, Hydroxychloroquine found not effective in Covid-19 treatment

Posted by Lifeunlimited > 2020-10-20 06:19 | Report Abuse

https://klse.i3investor.com/blogs/spartan/2020-10-19-story-h1534704344-IT_S_A_TIME_FOR_THIS_GLOVES_GOING_TO_SKYROCKET.jsp

Posted by KK > 2020-10-20 07:51 | Report Abuse

https://www.theedgemarkets.com/article/klci-closes-1427-points-151811

Posted by RealEstateMogul > 2020-10-20 08:16 | Report Abuse

https://www.theedgemarkets.com/article/glove-mania-rm154-million-oneoff-gain-bring-careplus-back-black-2q

The Edge Markets reports on 24th July 2020:
"From the next quarter onwards, Careplus (M)’s accounts will be deconsolidated from the group's accounts to comply with the relevant accounting standards. Thus, it will only be sharing 50% of profits given its reduced stake in the subsidiary."

Ansell will be eating up Careplus' profits every quarter! What a shame that Careplus sold their their company to a foreigner.

Posted by RealEstateMogul > 2020-10-20 08:17 | Report Abuse

Rubberex's European website: https://www.rubberex.es/contacto
Rubberex has an European HQ and website in Spain, which Careplus and Comfort do not have.
Rubberex's profit margins and earnings per share are higher than Comfort and Careplus.
That's why it rocketed up and it will continue to do so.
Rubberex's main market is Europe.

Europe has MILLIONS of active cases right now due to the second wave. It's getting worse.
Make the smart investment decision.
Rubberex's new productions plants already started running in June 2020. The fantastic QR will be reflected in the coming QR.

Posted by pakdin2023 > 2020-10-20 08:31 | Report Abuse

Market update: Based on the unchanged narrative on Covid-19 (still rising cases), couple with the observation on the Sputnik V vaccine (they claimed that they are the first registered vaccine against Covid-19, but I believe it has not gone into the mass production phase yet), Russia's daily confirmed cases and deaths are still rising. Hence, breaking of the Covid-19 cases as well as following the guidelines could be the only few ways to stop the virus transmission at this stage.

So, on that note, we think glove may continue its upward trending mode for now, while the glove proxies (chemical, hand formers producers), PPE, healthcare-related stocks could see some potential trading interest in the near term.

Potential stocks that may trade higher based on technical analysis:-

Glove: SUPERMX, CAREPLS, HLT
Glove proxies: LUXCHEM, SAMCHEM, ESCERAM
PPE: TEKSENG, NOTION
Rapid test kit: ACO
Medical equipment: LKL, BCMALL
Pharma or vaccine related: AHEALTH
Others: ASIAPLY, ADVENTA, MASTER, JAYCORP, EWEIN, TITIJYA

Source: M+ Online

Posted by KK > 2020-10-20 08:40 | Report Abuse

Careplus has 3 subsidiary and beginning of the year sold 50% stake of one of the subsidiary to Anseel to take advantage of a well established worldwide leader in healthcare organization ,this will help Careplus grow and more exposure into international market. The other 2 subsidiary is fully control by Careplus , smart investor will weight the pros and cons for the 50 % stake disposal to Anseel and with the in progress of adding new production lines to double production output , Careplus will deem as a dark horse which offer tremendous growth in the near future. I foresee it will overtake Comfort and Rubberex and lead behind the top 4 glove company when all the expansion plan is completed.
Disclaimer : This is not a buy or sell call

Posted by Morpheus61 > 2020-10-20 08:42 | Report Abuse

KK, your assessment is spot on

Posted by TuaTuaLiap > 2020-10-20 09:17 | Report Abuse

like a rocket today! Sui Sui

Posted by ChrisMz > 2020-10-20 09:19 | Report Abuse

have to admit done a stupid thing couple weeks back.. bought at RM4.16, cut loss at RM2.36 (ouch).. and watch today it climbing back to RM4.16.. hahah.. fml

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

Finally reach my tp.. Tq

Posted by TeamRocket > 2020-10-20 09:24 | Report Abuse

Will limit up today?

Posted by TeamRocket > 2020-10-20 09:25 | Report Abuse

If limit up signal will see later around 11am, if got them later 4pm will limit up straight all the way!!

Posted by Careless_Whisper > 2020-10-20 09:39 | Report Abuse

Careplus group most profitable factory is Careglove, that's why they buy back from Descarpack, Careplus M still need some time to fully expand, so it is a correct decision to team with Ansell as Ansell will share the cost of expansion and guarantee the sales. What Careplus doing is they need to plan things after this pandemic and not just focus in this year or next year only. Running a factory is not the same as real estate. So just shut up if you are not from this field.

Posted by TeamRocket > 2020-10-20 09:41 | Report Abuse

The support of careplus seem strong, rebound very quickly when it touches red. Should be something brewing for this qr

Posted by TeamRocket > 2020-10-20 09:42 | Report Abuse

Rmb that last qr it limit up how many times? I feel the same for this qr this week

Posted by TeamRocket > 2020-10-20 09:46 | Report Abuse

Ang most important is careplus doesn’t have call warrant!!! Hahaha!!! No shark will press the price

Posted by asuhaimi01 > 2020-10-20 09:55 | Report Abuse

Strong support for CAREPLS due to result out soon..

Posted by TeamRocket > 2020-10-20 10:03 | Report Abuse

Now still no break out signal, will need to wait til around 11am

Posted by simple123 > 2020-10-20 10:05 | Report Abuse

any good news? bonus issue soon?

Posted by KK > 2020-10-20 10:17 | Report Abuse

Strong support and moving steadily anticipate a fantastic quarterly report , If excellent result history will repeat limit up like previous quarterly report announcement

Posted by Parrot > 2020-10-20 10:19 | Report Abuse

Careplus will be flying very very soon..It was Rubberex to Comfort n now it will be Carepls supported by strong QR..With current senti favouring gloves, we could see
RM 5 rather sooner..Next resistance is at ~ 4.5 - 4.6..

Very likely this week..

Posted by PZOGRO > 2020-10-20 10:19 | Report Abuse

SOLO STANDING OUT THERE AMONG GLOVE!

QRT RESULT LEAKED AGAIN ?? TODAY OUT??

Posted by TeamRocket > 2020-10-20 10:24 | Report Abuse

Now just 10.30am still haven’t reach noon. Hopefully can see the break out signal, if got limit up is very likely afternoon after lunch

Posted by jungweng94 > 2020-10-20 10:28 | Report Abuse

last time after QR, highest goes to 5.83, how about the TP afrer this QR??

Posted by davidong > 2020-10-20 10:36 | Report Abuse

Very strong support at above 4.00

Posted by PZOGRO > 2020-10-20 10:38 | Report Abuse

HISTORY REPEATED LIMIT UP AFTER QRT OUT....STAY TUNED!! BUY KEEP TIGHT TIGHT. TO BREAK ATH AGAIN LIKE RUBEREX!!

Posted by davidong > 2020-10-20 10:38 | Report Abuse

Something is cooking

Posted by TeamRocket > 2020-10-20 10:40 | Report Abuse

Haven’t yet, need to confirmation signal..

Posted by TeamRocket > 2020-10-20 10:40 | Report Abuse

Now still alittle early.

Posted by jsteong > 2020-10-20 10:42 | Report Abuse

roller coaster?

Posted by davidong > 2020-10-20 10:42 | Report Abuse

But I can smell it

Posted by azta12 > 2020-10-20 10:44 | Report Abuse

rock steady

Posted by TeamRocket > 2020-10-20 10:45 | Report Abuse

Signal coming already, those who want earn can start chase high with method

Posted by TeamRocket > 2020-10-20 10:48 | Report Abuse

Now is the fighting period, can we win?

Posted by TeamRocket > 2020-10-20 10:49 | Report Abuse

Not necessarily, need to see the volume.