CAREPLUS GROUP BERHAD

KLSE (MYR): CAREPLS (0163)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.305

Today's Change

+0.005 (1.67%)

Day's Change

0.305 - 0.305

Trading Volume

66,100


35 people like this.

40,004 comment(s). Last comment by GreenTrade 1 month ago

Posted by CHONGweiboon1119 > 2020-10-05 09:14 | Report Abuse

They just sour grape and wanna grab cheaper price by creating chaos only, ignore these Faker

mobbs68

740 posts

Posted by mobbs68 > 2020-10-23 22:45 | Report Abuse

TeamRocket is a very popular low class kind of in SUCB forum

mobbs68

740 posts

Posted by mobbs68 > 2020-10-23 22:46 | Report Abuse

So do Fxxker too as of now

GengSaham

203 posts

Posted by GengSaham > 2020-10-23 22:46 | Report Abuse

Better sleep for tonight and will see next week limit up on Monday

Posted by David Gunter > 2020-10-23 22:47 | Report Abuse

Can we now slap that moron?

VenFx

14,784 posts

Posted by VenFx > 2020-10-23 22:49 | Report Abuse

[ lets do some maths ]


Well done careplus,

Careplus s (3rdQ'2020) s PAT almost same ~ comfort s $42.8mil
Year Roll over 4quoter : e.p.s at 15.06cts > comfort s 13.22cts
Share price as on 23.10.2020 : $3.78 < comforts s $4.30
net profit margin by 23.2% > comfort s 16.8%


Careplus s production capacity escalating amazingly,
from currently 4.62bil. pcs glove to 10.5 bil by end of 2021 .

Am impress with curiosity to see Careplus vs Mahsing;
who shall has stronger muscle to conquer the 6th or perhaps 5th Biggest glove producer title in 2021 ?



MY CONCLUSION
careplus shud worth an immediately re-rating FV at ($6.76 / share)
Lets invest patiently and pray for the bests .

Thank you !

mobbs68

740 posts

Posted by mobbs68 > 2020-10-23 22:49 | Report Abuse

I doubt they can afford to buy not even 1k lot at 3.00

CHONGweiboon1119 They just sour grape and wanna grab cheaper price by creating chaos only, ignore these Faker

kuring2

605 posts

Posted by kuring2 > 2020-10-23 22:50 | Report Abuse

Where else in the world have emergencies been declared to tackle Covid-19?

Italy and Spain have declared states of emergency in accordance with their constitutional provisions.

Other European countries that have similarly declared states of emergency are Armenia, Bulgaria, Austria, Belgium, Argentina, Estonia, Georgia, Latvia, Moldova and Romania.

The United Kingdom has also introduced “emergency power” but not declared a state of emergency.

In Asia, Japan declared a state of emergency in April at the height of the Covid-19 outbreak in the country.

According to a guideline of emergency declarations to tackle Covid-19, the United Nations Human Rights office said the powers should be used within the parameters provided by international human rights law, particularly the International Covenant on Civil and Political Rights (ICCPR).

“Such powers should be time-bound and only exercised on a temporary basis with the aim to restore a state of normalcy as soon as possible,” it said in an advisory in April.

“Even without formally declaring states of emergency, States can adopt exceptional measures to protect public health that may restrict certain human rights. These restrictions must meet the requirements of legality, necessity and proportionality, and be non-discriminatory.” MALAY MAIL

mobbs68

740 posts

Posted by mobbs68 > 2020-10-23 22:51 | Report Abuse

BRO by all means, go ahead i support

David Gunter Can we now slap that moron?

MAM2020

92 posts

Posted by MAM2020 > 2020-10-23 22:53 |

Post removed.Why?

keown83

627 posts

Posted by keown83 > 2020-10-23 22:53 | Report Abuse

-sip coffee-

VenFx

14,784 posts

Posted by VenFx > 2020-10-23 22:56 | Report Abuse

颁布紧急状态之后:—
1/专注抵抗疫情,不受政治干扰。
2/国会暂停开会。
3/国会议员失去法定权力,不能签署宣誓书,或提呈不信任动议。
4/内阁职务由国家行动理事会接管。
5/成立州级和县级行动理事会。
6/如有需要,一些法令可以随时被暂停实施。
7/封禁政党社团活动。
8/经济商贸活动照跑。
9/明年度财算案由国家行动理事会通过接纳。

貌似一切的 商贸
不会受到过度影响

资金市场 应该也雷同是吧

VenFx

14,784 posts

Posted by VenFx > 2020-10-23 22:56 | Report Abuse

https://www.themalaysianinsight.com/s/280105

马股方面,市场盛传今天我国会宣布进入经济紧急状态,股市由早盘升势转跌,但波动不大。

momon

80 posts

Posted by momon > 2020-10-23 22:57 | Report Abuse

chill guys.. you all forgot about pig mikecyc? the guy is worse, all day bark, spam same thing all over everyday including lengthy yet tin kosong info, old news and other crap.. then update price up down every few minutes.. now that dog eat enough.. master hire new dog to bark, this new naysayer and mf is a bit shy compare to that pisofshit

Posted by RealTrader > 2020-10-23 23:11 | Report Abuse

Emergency declaration = To stable the politic Issue and focus The covid crisis = less volatility of the market

Miche87

156 posts

Posted by Miche87 > 2020-10-23 23:42 | Report Abuse

teamrocket is famous for being clown in supermax forum. Really pity him real life. must be a loser

kachan

437 posts

Posted by kachan > 2020-10-24 00:16 | Report Abuse

Feel on Monday and rest of the week all glove can up up up. Quickly on monday morning buy before it fly or going miss the big train ride.

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-10-24 00:20 | Report Abuse

gonna reach 5.8 again on monday!!

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-10-24 00:21 | Report Abuse

sorry, not monday. tuesday

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-10-24 00:21 | Report Abuse

2 days LU

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2020-10-24 01:06 | Report Abuse

Q3: RM43m
Q4: RM70m (ASP up 30%/ volume up 20%)
2021: RM280m in the pocket (assuming 5.2b of gloves) or RM280m x 2 (assuming 10.5b of gloves)

RM560m profit in 2021 translate into a P/E of 3.3x, cheaper than topglove i would say

top glove can make RM15b is only 5x P/E

Posted by NoNonsenseHere > 2020-10-24 01:27 | Report Abuse

-
For Top Glove's first best quarter, they did RM350 million.
Soon after, Supermax announced their profit of RM400 million. RM 50 million more than TG.

Now, Top Glove did RM1.3 billion which is more than 3 times their previous quarter.
Next week, Supermax to announce the RM1 billion in profits.

Supermax's profits will just keep increasing.
The amount of US dollars and Canadian dollars they are earning is over the top.

While Supermax's profits will just keep multiplying because glove supply will not meet demand in next three years.
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-demand-next-three-years-says-hartalega-executive-chairman

Supermax's profit RM 1 billion (October 28 QR expected) beats the profit of Maybank previous quarter (940 million), the largest company in the whole of Malaysia.

Maybank's market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.

Fantastic.

Kar Kien

21 posts

Posted by Kar Kien > 2020-10-24 01:44 | Report Abuse

careplus sell 50% share to Ansell that only one of the subsidiary company. Not all company. which based on Q3 result, that subsidiary company earn 10 million on it, divide by half which give 5 million to CP group. is only 12% on 42 million. another 5 million Ansell take.

But without ansell help sell, i do no think can achieve 10 million profit. Is win win situation.Go google how famous ansell in europe country.

Foker

1,406 posts

Posted by Foker > 2020-10-24 02:21 | Report Abuse

Update: Q3 is really a big slap in the face for those who chase Careplus. Its profit same as comfort's Q2. Problem is Q3 profit should be at least 2 or more times higher than q2. This means comfort Q3 earnings will be twice or more than twice of Careplus. But Careplus is twice as expensive.

Coming to revenue, Careplus only increase its revenue by 4 percent from Q2 to Q3. Its net profit increase actually come from production efficiency. A low part of it is from higher sales/asp. Without the ability to hike ASP like big 4 means its PE is not justified at all. Furthermore, it is not really gaining market share, which means its new incoming capacity should not add value to this company, and thus at the current price you will be overpaying by alot.

So what will happen? 2 possibility. One, comfort shoot to the sky. Two, Careplus goes down gradually or sharply to reflect a fair value of around RM 2 or less. I say it will be combination of both. In the short term, there could be a 3rd scenario, the share price does not move or go up because of unsuspecting newbies or day traders or sharks playing pump and dump all over agajn. But in the medium term, it will reflect its fair value. You should take advantage of the facts, all cards has been laid out, except comfort Q3 result which we now know will be at least two times more.

Foker

1,406 posts

Posted by Foker > 2020-10-24 02:46 | Report Abuse

Vespa, the revenue last QR don't include the one off gain. It is located under other income. Revenhe is only for income deriving from sale of goods and services

Foker

1,406 posts

Posted by Foker > 2020-10-24 02:46 | Report Abuse

I agree we should all make money.

Foker

1,406 posts

Posted by Foker > 2020-10-24 02:47 | Report Abuse

I do sincerely hope Careplus goes up and you make money.

Foker

1,406 posts

Posted by Foker > 2020-10-24 02:47 | Report Abuse

Even though I don't agree with the fundamentals, I agree one thing that Careplus has alot of liquidity and supportees

Posted by isupertrader > 2020-10-24 04:06 | Report Abuse

All glove counter is a good buy...WHO just announced Pandemic has reached to alarming level...

Kimgold

481 posts

Posted by Kimgold > 2020-10-24 06:39 | Report Abuse

There is 2 ways to interpret the results. You can actually say it is just an 18% increase from the previous QR or if you take away the one off gain then the profit has doubled. The real question is did the market factor in the one off gain into the current price or they haven't. This will determine the price movement on Monday.

Kimgold

481 posts

Posted by Kimgold > 2020-10-24 06:46 | Report Abuse

As you can see from careplus price movement. It went to a high of rm5.70 then all the way down to rm2. 50. It goes to show that some are factoring the full profits of the previous QR with the one off gain and some investors discounted it later on because they think a huge jump in profits is due to the one off gain. The recent QR shows us a better picture of careplus profitability. We will know of careplus fair value in the next one week.

happ12

852 posts

Posted by happ12 > 2020-10-24 06:55 | Report Abuse

price looks like making retrace to 3.40-3.50.. then maybe rebound..wait for Monday market open

YNWALFC

54 posts

Posted by YNWALFC > 2020-10-24 07:47 | Report Abuse

to find a stock fair value, we should compare same industry, what is their trailing 12mths PE?

what is the PE comparisons of the big 4?
decide what is fair PE. 30 or 40 or 50 or 80?
are the future profits priced in? understand it by looking at the PE.
then compare which is overvalued or undervalued?

what is the PE comparisons of the 2nd liners?
to me, the lower the PE as compared to peers, the higher potential for capital gains.

Then we look at future growth & expansion.
to try to price in for next 6-12mths.
To u who have bigger expansion plans & who has better network to sell gloves?

then decide if want to invest is gloves co or other industries.

to me Carepls ticks all the right boxes.
PE shows they are undervalued against peers.
expansion is fastest & will be biggest among 2 tiers for coming 6mths & 12mths.
Great selling network utilizing existing & Ansell’s expertise.

Demand for gloves will continue due to winter season.
what other industry is worthwhile to put your money into for 6-12mths value investing instead of buy / sell buy / sell trading?

rational investing is key to success

Posted by ikanbilisjerungwnabe > 2020-10-24 07:50 | Report Abuse

let see it fly pass comfort on monday

Posted by RealTrader > 2020-10-24 09:03 | Report Abuse

Ansell May continue to be partnership with Careplus for future expansion. Go see ansell share price in ASX ( market cap 5b aud). This is the Win win situation for both parties. They are one of the leaders in medical gloves in australasia.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-24 09:03 | Report Abuse

@YNWALFC, Absolutely agree with your point of view. Careplus capacity expansion in the next one year is 227%. Compare that with any others. You have your answers.

Gooner82

692 posts

Posted by Gooner82 > 2020-10-24 09:14 | Report Abuse

Careplus might be the leader for tier 2 if comfort doesnt expand their capacity that much. Careplus now has about 4.6B pcs and by end 2021 become 10B pcs!
I like both comfort and careplus, and The dark horse is hlt. They will have 4B pcs by end 2021 and providing the Line installation services to all glove companies in the region!

Posted by ProsperousRealm > 2020-10-24 09:15 | Report Abuse

Well I don't know about anybody else & I don't care at all, but I for one am not in stock investing for the sake of defending fundamentals, like some guys so obviously seem so hellbent to be

I'm in stock investing for the sake of making money & building wealth

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-24 09:21 | Report Abuse

Well, I thought we were all here to make money from stocks and the idea of a forum was to share thoughts on better options to make that money. It just seems some people use the forum for venting their frustration and/or to simply do their job of hard selling banker strategies.

YNWALFC

54 posts

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

we share ideas not spread fear

YNWALFC

54 posts

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

ultimately is to make money

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-24 09:27 | Report Abuse

True but what to do ? Some people get paid to click

Posted by ProsperousRealm > 2020-10-24 09:40 | Report Abuse

If you wanna go very very very long term then nothing beats TopGlove right now. Assuming that they keep on doing splits & BIs at about the same rate that they have been doing over the last twenty years.

Becos if you had bought just 2,000 units of TopGlove in 2001 you would be owning 244,608 units today, without needing to have done anything else at all

But then, at least for the short term, why can't it be considered something sensible, even something wise & smart, to be riding on the explosive price actions of stocks like CarePlus & HLT to grow & multiply your initial capital base quickly

This is not about gambling, nor it is about being short sighted. Not at all. This is simply about being efficient.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-24 09:53 | Report Abuse

Totally agree with you

Posted by HanzointheShadow > 2020-10-24 09:54 | Report Abuse

Well said @ProsperousRealm @Morpheus61

KK

1,368 posts

Posted by KK > 2020-10-24 09:58 | Report Abuse

Absolutely agreed that forum is use to share info so that everybody can benefit and make the right decision to make money..I like Carplus over Comfort is due to Careplus aggressive expansion growth plan and major in surgical / medical glove production which capture a higher ASP price compare to industrial glove . Comfort major production is industrial glove use in the industry sector but their strong point is EPF invested in this counter. Careplus production efficiency / yield use to be rated lowest in the glove sector , partly due to their Brazil office is running lost all the while . This could be why institute fund are not interested in this counter previously but with partnership with Anseel the efficiency is greatly improved therefore resulting the tremendous profit improvement apart from the higher demand & ASP in the covid pandemic. Furthermore the company has take over 100% share ownership of Brazil subsidiary from the Brazilian shareholder , this is contributing the profit once the subsidiary is turn around.The other plus factors are Careplus might have the plan to offer bonus issue , move to main board and with the fantastic result of last 2 quarters , it might attract the eyeball of investors and back to the radar screen of institutional fund . These few positive factors make Careplus my single investment in Bursa and let's hope that Careplus can deliver in near future so that everyone can make money from the stock. Good luck to all Careplus faithful investors

Disclaimer : This is not a buy or sell call

Posted by stockwinner > 2020-10-24 10:06 | Report Abuse

Looking at Careplus's near-future line expansion plan: you can't go wrong with this counter

PZOGRO

1,052 posts

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-10-24 10:16 | Report Abuse

MONDAY K+ MOVING PRICES (3.78)

LIMIT UP PRICE = 4.91
LIMIT DOWN PRICE = 2.65

BUY SELL U DECIDE!

VenFx

14,784 posts

Posted by VenFx > 2020-10-24 10:32 | Report Abuse

Careplus 雷同
ATE中的 Fpgroup
我当时 0.40以下买入fpgroup
记得fpgroup 的roe应该在35
过后 股价做到1.20附近。

入正题
简意就是
行业中 成长最高速
Roe 最高
本益比(Pe) 最低
的 高速成长股
切 之前被市场一直
认为 只是一间 不太
起眼的 公司。
当它下一个季度 4Q2020
进来,careplus股价不会
一直被底估的

相信 有些
老手 如 OTB 早已经 发现careplus.
不知道 官老板kyy会不会 也想投资careplus ?


MY GUESTIMATION FOR : CAREPLUS
Bear case : $3.45
Mid term : $6.36
Bull case : (let its 4Q2020 tell us)

Post a Comment
Market Buzz