Posted by Plus000 > 2020-10-27 16:42 | Report Abuse

The share price is climb up from 2.02 to 4.04 ady , take profit first and then buy again

Posted by Plus000 > 2020-10-27 16:42 | Report Abuse

Use ur brain to invest pls

Posted by HNWInvestor > 2020-10-27 16:48 | Report Abuse

TeamRocket create a new account to prop himself up as Godwhichknoweveryth....
so dire need attention seeking guy....hahahhaha

Posted by Robinhud > 2020-10-27 16:50 | Report Abuse

Tomorrow going to be red

Posted by Plus000 > 2020-10-27 16:51 | Report Abuse

This two week will be red , up so much ady

Posted by IG211314 > 2020-10-27 16:54 | Report Abuse

Placement price:RM3.60 Launching -27/10(Tuesday).Payment 2nd Nov. Listing -5th/Nov.Could be this is the reason for today drop!

Posted by Godwhichknowseveryth > 2020-10-27 16:57 | Report Abuse

Tomorrow will gap up again due to supermax result and after that all gives will drop again,

Posted by Godwhichknowseveryth > 2020-10-27 16:57 | Report Abuse

Plan your trading ahead today

Posted by Godwhichknowseveryth > 2020-10-27 16:58 | Report Abuse

I sold morning and bought back just now at red, tomorrow will sell morning and buy back at eveningagain

Posted by therookieechingchong > 2020-10-27 17:06 | Report Abuse

Everyday gambling for 2-5% gain for possible drop of more than your gain in this volatile market. Not everyone has the capital and risk taking measure to do so. If really listened to him, bare your own risk.

Conman will ask you go for contra and margin, just stick with cash and go for TP within a year. The term is "INVESTING" not "GAMBLING".

@Godwhichknowseveryth I guessed TeamRocket is correct, he ask to sell on morning and buy back evening and repeat again everyday. Imagine earning 2-5% everyday it’s more than FD for a whole year

Posted by davidong > 2020-10-27 17:21 | Report Abuse

Qr result announcement wrong timing.

Posted by newbie8080 > 2020-10-27 17:21 | Report Abuse

Supermax: The Best Is Yet To Come- Myth or Truth


https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-27-story-h1535482816-Supermax_The_Best_Is_Yet_To_Come_Myth_or_Truth.jsp

Posted by awesome20 > 2020-10-27 17:23 | Report Abuse

careplus mmg awesome...

Posted by TigerWoods > 2020-10-27 17:35 | Report Abuse

Hahaha ugly duckling of the day

Posted by Noobee88 > 2020-10-27 17:49 | Report Abuse

Wait little while more and I will also give up and join Team Rocket!

Posted by nicky > 2020-10-27 17:49 | Report Abuse

What a disappointment....RM3.68...

Posted by keown83 > 2020-10-27 18:13 | Report Abuse

big 4 moves 1st

Posted by Jarall > 2020-10-27 18:18 | Report Abuse

magic in friday maybe

Posted by IG211314 > 2020-10-27 18:22 | Report Abuse

Don’t worry guys ,placement price 3.60 ,won’t be lower than that.otherwise who wants to buy.

Posted by hambasaham > 2020-10-27 18:29 | Report Abuse

A lot ppls already gave up with counter even with good QR. Some one is control the price very well...

Posted by BaconGuest > 2020-10-27 18:30 | Report Abuse

super bull is back....stay tuned wakkkaaaaa!!

Posted by NoNonsenseHere > 2020-10-27 18:32 | Report Abuse

-
Local analysts won't write anything yet.
Whenever a company like Supermax overperform, companies like The Star won't report it straight away.
Because they want to buy it themselves.

When a company like Harta underperform, The Star will write big news about Harta because they want to sell.
https://www.thestar.com.my/business/business-news/2020/10/27/hartalega039s-strong-earnings-boost-klci
You see when Harta results came out, The Star straight away reported good news about them even though Harta's profits are terrible compared to Supermax.

When Supermax spectacular results released, they keep quiet. Because they need time to pick up.

Posted by Sunshine123 > 2020-10-27 18:33 | Report Abuse

why do you say superbull is back? There doesn't seem to be any sign of it.

Posted by ikanbilisjerungwnabe > 2020-10-27 18:34 | Report Abuse

collect today.. and push up higher to sell their PP.

Posted by Morpheus61 > 2020-10-27 18:35 | Report Abuse

Posted by IG211314 > Oct 27, 2020 6:22 PM | Report Abuse

Don’t worry guys ,placement price 3.60 ,won’t be lower than that.otherwise who wants to buy.
_____________________________________________________________

What is this placement please ?

Posted by IG211314 > 2020-10-27 18:48 | Report Abuse

*[CMSA 6&7] CAREPLUS GROUP BERHAD (CPG MK): INDICATIVE PLACEMENT TERM SHEET*

*OFFERING SUMMARY:*
*Company* - CAREPLUS GROUP BERHAD
*Offering Mode* - Accelerated Bookbuild
*Offer Size* - up to 11,000,000 new shares (approx. 2.0% of enlarged issued and paid-up share capital)
*Distribution* – CMSA Schedule 6 & 7
*Principal Adviser & Placement Agent* - AmInvestment Bank Berhad
*Use of Proceeds* -
1. General Working Capital
2. Capital Expenditure for new production line

*INDICATIVE PLACEMENT TERMS:*
*Indicative Placement Price* - RM3.60 representing 5.8% discount to 5DVWAP of RM3.8217 (up to and including 26 October 2020)

*Brokerage Fee* -0.50%

*INDICATIVE TIMETABLE*
*Launching* – 27th Oct 2020, Tuesday
*Payment* - 2nd Nov 2020, Monday
*Listing* - 5th Nov 2020, Thursday


Sent from my iPhone

Posted by IG211314 > 2020-10-27 18:57 | Report Abuse

Does anyone has any comments on this private placement?

Posted by MelakaMan > 2020-10-27 19:02 | Report Abuse

So they pressed down price last few days due to PP? Then price should move upwards now onwards.
But Supermax extraordinary results makes other glove companies look underperforming.
Lets see...

Posted by strattegist > 2020-10-27 19:03 | Report Abuse

closed red

Posted by Morpheus61 > 2020-10-27 19:20 | Report Abuse

@IG211314, Thanks bro.

Posted by johnhuathuat > 2020-10-27 19:28 | Report Abuse

ahh no wonder the price macam like kena control like that. they must’ve roughly estimated what price to give. Now should be able to move up without being pressed down

Posted by Mustovoi > 2020-10-27 19:33 | Report Abuse

No wonder strong support at 3.5 yesterday.
PP at 3.60...operator in action.!!

Posted by IG211314 > 2020-10-27 19:33 | Report Abuse

@Morpheus61,Anytime!

Posted by Remo > 2020-10-27 19:38 | Report Abuse

Kalau tak faham sangat, boleh baca sini. Can get some basic idea about PP:-

https://klse.i3investor.com/m/blog/humblepie188/2016-01-14-story89814-Private_Placement_Good_or_Bad.jsp

Cheers. Happy Trading Careplus’ian

Posted by ceoshare > 2020-10-27 19:41 | Report Abuse

HOPEFULLY tomorrow up trend lol.

Posted by Morpheus61 > 2020-10-27 19:45 | Report Abuse

@IG211314, one comment. Why didn't they offer that placement to me ?

Posted by Morpheus61 > 2020-10-27 19:45 | Report Abuse

:)

Posted by IG211314 > 2020-10-27 19:54 | Report Abuse

@Morpheus61.you should ask your remisier to find out.

Posted by Morpheus61 > 2020-10-27 20:00 | Report Abuse

Will do that

Posted by KK > 2020-10-27 20:07 | Report Abuse

The Private placement at 3.60 is a good sign as normally the investor will keep the investment for a certain period as they foresee the good prospect of the company. I dun think even they want to let go at 4.00 as it only represent a 10 % profit for the taker. In the long term it is pretty good for the company as it raise fund for the expansion without asking money from existing share holder. Could the private taker being inform that there is a bonus issue in future to make the deal more attractive and ensure that the private taker keep the share long enuf? Probably only the boss Mr Lim can answer this question . Anyhow will foresee the price will be push up after the wash out and minor correction.

Posted by Noobee88 > 2020-10-27 20:49 | Report Abuse

Eeeshhh....by now, I am not so sure about all that,,,,anyway, tomorrow is another day!
See how lah! Grrrrrr!

Posted by keown83 > 2020-10-27 20:50 | Report Abuse

it's not a private placement to pay long outstanding debt..their current debt ratio is satisfactory, they long-term debt ratio is even impressive

private placement for business expansion most of the time is always good

Posted by gemfinder > 2020-10-27 21:12 | Report Abuse

Pp ka. No wonder down la

Posted by Morpheus61 > 2020-10-27 21:14 | Report Abuse

Company guidance is that by end 2021 the production capacity will increase to 10.5 Billion Gloves, which is 227% of existing capacity. Any ASP drop will be more than offset by the capacity increment. Also Supermax in it's Management commentary said that ASP is still rising and the December 2020 quarter will be even more spectacular than the last one.

Given all that, we are all on a good wicket. Just keep buying when you can. Enjoy the fruits and use it meaningfully :). Cheers Guys.

Posted by ikanbilisjerungwnabe > 2020-10-27 21:28 | Report Abuse

tmr conlanfirm uptrend (given that big 4 maintain uptrend). today they push down price to maintain the pp price (5 days weighted).

Posted by NoNonsenseHere > 2020-10-27 22:05 | Report Abuse

-
Supermax is STRONG because it is a marketing GENIUS. Look at their Canadian websites.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Harta only made 220 million last quarter. Supermax made 400 million last quarter.
Now, Supermax did 800 million but Harta only did RM550 million.
Harta's market cap is TWO TIMES larger than Supermax, but Supermax beats Harta's profits by a mile.

Supermax is like Apple and Samsung. Progressive and innovative.
Harta is like Nokia. Lose to competition due to lack of innovation.

Posted by shirolsz > 2020-10-27 22:05 | Report Abuse

OK, thanks for the PP information. Will the price drop to around 3.50 myr? If it so, maybe can add more....

Posted by ikanbilisjerungwnabe > 2020-10-28 00:10 | Report Abuse

carepls will not allow their price drow below the pp price. the only way forward is going up to make the pp more attractive plus the current glove is uptrending

Posted by Ibelieve > 2020-10-28 00:16 | Report Abuse

Mahsing is Huawei... Wakakaka

Posted by ming > 2020-10-28 02:30 | Report Abuse

Compare to Supermx result.. other glove counters are expensive now