Posted by Plus000 > 2020-10-28 11:46 | Report Abuse

Buy back at cheaper price , u will earn more

Posted by Greed_kills > 2020-10-28 11:47 | Report Abuse

anyone knows whats the support price?

Posted by Kar Kien > 2020-10-28 12:02 | Report Abuse

Glove Analysis

Cash
1. Supermax RM2.3 Bil
2. Harta RM1.6 Bil
3. Top Glove RM1.2 Bil
4. Kossan RM0.3 Bil (Based on Jun QR)
5. Careplus RM12.2 million
6. Comfort RM62.9 million (based on July QR)
7. Ruberex RM 76 million (Based on Jun QR)


Market Cap
1. TopGlove RM73 Bil
2. Harta RM62.7 Bil
3. Supermax RM26.6 Bil
4. Kossan RM19.2 Bil
5. Careplus RM1.97 Bil
6. Comfort RM2.42 Bil
7. Ruberex RM 1.85 Bil


Latest PAT
1. TopGlove RM1.4 Bil
2. Supermax RM0.79 Bil
3. Harta RM0.55 Bil
4. Kossan RM0.13 Bil (Based on Jun QR)
5. Careplus RM42.8 million
6. Comfort RM42.7 million (based on July QR)
7. Ruberex RM 22.9 million (Based on Jun QR)


Current Price
1. Harta RM18.28
2. Supermax RM9.78
3. Topglove RM8.91
4. Kossan RM7.52
5. Careplus RM3.68
6. Comfort RM4.24
7. Ruberex RM 2.30


PE
1. Harta 60.4
2. Supermax 20
3. Topglove 38
4. Kossan 62.3 (Based on Jun QR)
5. Careplus 24
6. Comfort 31.5 (based on July QR)
7. Ruberex 47.3 (Based on Jun QR)


EPS
1. Harta 29 sen
2. Supermax 47 sen
3. Topglove 22.79 sen
4. Kossan 11.96 sen (Based on Jun QR)
5. Careplus 15 sen
6. Comfort 13 sen (based on July QR)
7. Ruberex 4.7 sen (Based on Jun QR)


Current and Future Capacity
1. Topglove 85.5 Bil, aim to achieve in 2021, 105 Bil (+22.22%)
2. Harta 39 Bil, aim to achieve in 2023, 76 Bil (+94%)
3. Kossan 32 Bil, aim to achieve in 2022, 42.4 Bil (+32%)
4. Supermax 24 Bil, aim to achieve in 2022, 48.4 Bil (+101%)
5. Careplus 4.1 Bil, aim to achieve in 2021, 10.5 Bil (+156%)
6. Comfort 5.4 Bil, aim to achieve in 2021, 5.9 Bil (+9%)
7. Ruberex 1 Bil, aim to achieve in 2022, 3 Bil (+200%)


Profit Margin
1. Supermax 58.4%
2. Topglove 41.6%
3. Harta 40.5%
4. Kossan 18.7% (Based on Jun QR)
5. Careplus 34.9%
6. Comfort 21.6% (based on July QR)
7. Ruberex 26% (Based on Jun QR)

Posted by Plus000 > 2020-10-28 12:11 | Report Abuse

Sell ur share first buy back later

Posted by kuring2 > 2020-10-28 12:12 | Report Abuse

Greed_kills anyone knows whats the support price?

***

I believe the 1st support at 3.52 n the 2nd support at 3.43 and next support at 3.34.

I might be wrong.. maybe someone may correct me if im wrong.

Just wait, let the trading player bring down the price.

Posted by Greed_kills > 2020-10-28 12:17 | Report Abuse

kuring2, thank you

Posted by ahpooki2 > 2020-10-28 12:57 | Report Abuse

hmmm...

Posted by Letsfly > 2020-10-28 14:05 | Report Abuse

its an expansion PP, why worry? people spending big money to buy at 3.60 for PP. Matter of time till it breaks 4.50...

Posted by Ibelieve > 2020-10-28 15:06 | Report Abuse

Rubberex first private placement in Apr20 priced at RM1.24, and the last price before bonus issue adjustment was RM8+... Do you the investors lost money??? Haha, get the answer yourself.
Careplus first private Placement in June20 priced at RM1.27, do you think investors lost money so far?
Now Careplus second private placement at RM3.60, I think everyone should smell something...

Posted by ahpooki2 > 2020-10-28 15:21 | Report Abuse

hmmmm....

Posted by mf > 2020-10-28 15:22 |

Post removed.Why?

Posted by Babyrocket > 2020-10-28 15:23 | Report Abuse

Malaysia’s AT Systematization Expects MYR860 Mln Annual Revenue From Glove Venture

By Kuala Lumpur Newsroom
NewsRise

KUALA LUMPUR (Oct 28) -- Malaysia’s AT Systematization, an automation systems maker on Wednesday said it expects glove manufacturing business to generate annual revenue of 860 million ringgit ($206.51 million), based on maximum production capacity of 2.6 billion glove pieces per year.

The first production line will commence in early December 2020 and contribution will start in financial year of 2021, the company said in a statement. Two new glove dipping lines will be installed in every subsequent month, bringing its total output to 2.6 billion pieces by June 2021, it added.

AT Systematization will invest a total of 120 million ringgit for the installation of 13 glove dipping lines, together with related facilities and new building, said Managing Director Choong Lee Aun. The company plans to have a total of 20 glove dipping lines.

“The lines 14 to 20, however, will be installed in a new plant to be decided later,“ he said. “We are confident that our new glove manufacturing business will breakeven in less than a year.“

Chong said that the long-term growth prospects of the rubber gloves industry are intact, given the increased awareness of the importance of gloves following the pandemic.
28/10/2020 3:05 PM

Posted by strattegist > 2020-10-28 16:04 | Report Abuse

red

Posted by mf > 2020-10-28 16:04 | Report Abuse

GSK, Sanofi to make 200 million doses available for Covid-19 vaccine alliance

http://www.theedgemarkets.com/article/gsk-sanofi-make-200-million-doses-available-covid19-vaccine-alliance

Posted by Plus000 > 2020-10-28 16:14 | Report Abuse

Break 3.5 then waterfalll

Posted by mf > 2020-10-28 16:17 | Report Abuse

Dow futures fall around 400 points as Wall Street

Posted by mf > 2020-10-28 16:21 | Report Abuse

US 30 Futures 26,938.0 -427.0 -1.56%
US 500 Futures 3,337.38 -45.72 -1.35%

Posted by tuapuikia > 2020-10-28 16:27 | Report Abuse

why so panic to sell?

Posted by kuring2 > 2020-10-28 16:30 | Report Abuse

Tuapuikia.. this is not panic.. intraday sell off due to near to closed market (EOD).. dont worry.. they will buy back EOD, and sell tomorrow morning.. lol.. we just njoy the show.. many of them stuck at high price today..

Posted by shirolsz > 2020-10-28 16:32 | Report Abuse

tomorrow is public holiday. we will see the show on this Friday This Friday is their last day to press the price

Posted by ceoshare > 2020-10-28 16:34 | Report Abuse

@shirolsz - why is Friday ?

Posted by ahpooki2 > 2020-10-28 16:34 | Report Abuse

mf Dow futures fall around 400 points as Wall Street
28/10/2020 4:17 PM

mf US 30 Futures 26,938.0 -427.0 -1.56%
US 500 Futures 3,337.38 -45.72 -1.35%
28/10/2020 4:21 PM

____________________________________________________________________

ya...we are all going to die.... either the economy or covid will kill us all..............!!

Posted by kuring2 > 2020-10-28 16:34 | Report Abuse

Ooo ya la.. tomorrow is PH.. ya.. wait for friday.. i heard there were another 3 or more days.. after t+2 / 3... just my 2cents.. friday is gap down.. the price will move on 2nd week of Nov or after our budget 2021 announcement..

Posted by ceoshare > 2020-10-28 16:41 | Report Abuse

FF seem like continue buy careplus TICKET

Posted by ceoshare > 2020-10-28 16:55 | Report Abuse

may be is PP, than't why someone keep eating back the ticket.

Posted by ceoshare > 2020-10-28 16:57 | Report Abuse

& good news is the lower price they eating back the ticket is RM 3.51++ - 3.53 ++

Posted by Noobee88 > 2020-10-28 16:58 | Report Abuse

Or it will continue to fall further ... eeeeshhhh! This counter really no fun !
Still... I am patiently holding ...

Posted by ahpooki2 > 2020-10-28 16:59 | Report Abuse

so LOL LOL.....

Posted by Letsfly > 2020-10-28 17:04 | Report Abuse

kachan... i dont think there is a tomorrow trading day....

Posted by strattegist > 2020-10-28 18:07 | Report Abuse

closed red

Posted by jackpot8888 > 2020-10-28 18:20 | Report Abuse

Strong counter to hold. I'm with Careplus since April till now. Hold and top up when drop then sell when meet my TP.

Posted by koolset > 2020-10-28 18:20 | Report Abuse

My recommendation is to sell some of your shares and buy the future new glove counters. Due to future heavy competitions and vaccine that is one day closer. Why buy other new glove counters even though Vaccine is coming? The reason is because the world is lacking in Glove supply at the moment and there are not enough glove factories to produce to meet the demand. Sooner or later, people will buy these new glove counters and will equalize the share price of all glove counters. I bought this careplus at 40sen in March and sold it at rm3 after holding for 3 months.

Posted by Ibelieve > 2020-10-28 19:18 | Report Abuse

Why say they press the price for PP? There is no need to press already... The PP price has already been fixed and announced RM3.60 la... Some of you weak holders were the one selling...

Posted by gemfinder > 2020-10-28 19:35 | Report Abuse

So how now? Shouting making mili9n s profit but drop like hell. Kimikimi

Posted by patrickngtt > 2020-10-28 20:44 | Report Abuse

don't agree with the PE calculation. Need to understand the details of Carepls Q3 profit, operating profit only RM27M but not RM42.8, they had profit after selling 50% share to Ansell, both Q2 and Q3 shared the profit. My worry is their revenue only grew +3% as compared other glove manufacturers. It shows Carepls not able to capture upwards sales trend, could be due to their capacity. Margin wise also not as attractive as Supermx and Topglove. I sold all Carepls and converted to Supermx.

Posted by FortuneBlooming > 2020-10-28 21:07 | Report Abuse

CarePlus got much better price action than Big 4 gloves when overall glove mood is good

Posted by FortuneBlooming > 2020-10-28 21:08 | Report Abuse

Some guys are regiously crazy about fundamentals

Posted by FortuneBlooming > 2020-10-28 21:09 | Report Abuse

Other guys are in it all just for the money

Posted by FortuneBlooming > 2020-10-28 21:09 | Report Abuse

To each his own

Posted by Kar Kien > 2020-10-28 21:10 | Report Abuse

Read the financial report again. Ansell JV with the company revenue its not calculate in Q3 account onwards. Only share profit. Google what is operating profit and PAT.

Posted by Mustovoi > 2020-10-28 21:18 | Report Abuse

PP at 3.60, support around that la normally...If go down too low who want pp... Better by from open market.
Price will sideways for few weeks i think with support at 3.5

Posted by newbie8080 > 2020-10-28 21:24 | Report Abuse

Will Glove Demand Sustain after 2021? - Van Gogh Of Financial

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-28-story-h1535509694-Will_Glove_Demand_Sustain_after_2021_Van_Gogh_Of_Financial.jsp

Posted by mobbs68 > 2020-10-28 21:35 | Report Abuse

U r correct regarding Carepls financial report but @patrickngtt + some others r otak udang thinking n never do the research in detail. What a retard and stupidity to the max


Kar Kien Read the financial report again. Ansell JV with the company revenue its not calculate in Q3 account onwards. Only share profit. Google what is operating profit and PAT.

Posted by mf > 2020-10-28 21:35 |

Post removed.Why?

Posted by mobbs68 > 2020-10-28 22:02 | Report Abuse

Over 500,000 Covid cases logged worldwide, a new daily record
AFP -October 28, 2020 9:10 PM

PARIS: More than 500,000 new coronavirus cases were reported worldwide on Tuesday in a new record, according to a tally from health authorities compiled by AFP.

In total, 516,898 new infections and 7,723 deaths were announced, according to the tally compiled on Wednesday.

This spike in worldwide cases can only partially be explained by an increase in testing since the first wave of the epidemic in March and April.

Europe has once again become the new epicentre of the disease which is spreading rapidly on the continent.

Posted by superbullklse > 2020-10-28 22:04 | Report Abuse

怎么看???

https://klse.i3investor.com/blogs/superbullklse/2020-10-28-story-h1535510652.jsp

Posted by keown83 > 2020-10-28 23:53 | Report Abuse

today us market index all big gap down! if it's continue with another big red candle tomorrow, better exit all position this friday guys! will this translate into a big huge discount like last february? is this the moment? will we have another chance?

Posted by DonWorryBeHappy > 2020-10-29 00:16 | Report Abuse

29th Oct this Friday big tech qr out, watch Amazon, it may trigger a melt down, they are all in trillions market cap now

Save some cash, I heard fed reserve not pumping in money even after election

Posted by keown83 > 2020-10-29 00:38 | Report Abuse

29 oct is thursday..but anyway i think we need to watch closely the movement as i detected glove counters has started to sync with us market movement since early sept unlike previously..let see what happen this friday..i've been proven wrong on this counter 2 times in a row as of today..i hope im wrong again as this time around is good if i'm wrong & careplus proceed their reversal to uptrend regardless what happen to us market tomorrow

Posted by Morpheus61 > 2020-10-29 00:59 | Report Abuse

Even with the Dow Jones