CAREPLUS GROUP BERHAD

KLSE (MYR): CAREPLS (0163)

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Last Price

0.305

Today's Change

0.00 (0.00%)

Day's Change

0.305 - 0.31

Trading Volume

1,093,300


35 people like this.

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

Chelly

57 posts

Posted by Chelly > 2020-12-12 15:13 | Report Abuse

Stockraider in every glove counter forum. He is like CIA for JP lanchau. He think JP Morgan know supply and demand of glove. Stockraider why you going around every forum giving negative comments. Get loss if you are stuck.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-12 17:17 | Report Abuse

Pfizer Vaccine Cleared in U.S., a Landmark in Covid-19 Fight

Pfizer Inc. gained emergency U.S. authorization for its Covid-19 vaccine on Friday, completing an unprecedented scientific sprint that could eventually help bring an end to a pandemic that has killed nearly 300,000 Americans

https://www.bloomberg.com/news/articles/2020-12-12/pfizer-covid-vaccine-wins-u-s-fda-emergency-use-authorization

Taipan

1,139 posts

Posted by Taipan > 2020-12-12 17:42 | Report Abuse

To all - Are we going to allow a foreign bank which was involved in the 1 MDB scandal, and have very recently this Sept 2020 manipulated the US market to also manipulate our Malaysian Market?

It's up to all of us to make a stand and say NO to these manipulators. Lets not sell any of the shares come Monday. Hold. If no sellers, they can't manipulate the price. Between them they will try to create fake transactions. At the end they will lose.

ooi8888

1,650 posts

Posted by ooi8888 > 2020-12-12 22:34 | Report Abuse

JP Morgan only know how to jiak sai...from stockraider

Posted by **Houdini** > 2020-12-12 22:36 | Report Abuse

deader than dead

stockraider

31,556 posts

Posted by stockraider > 2020-12-12 22:45 |

Post removed.Why?

Posted by EngineeringProfit > 2020-12-12 22:48 | Report Abuse

Next time don't forget to buy insurance first before joining in late party ya

www.insuranceforstockmarket.com

please support my granddaughter's start up ya

Posted by SupermanX > 2020-12-13 03:26 | Report Abuse

https://youtu.be/uN_ZVKtZgPE Topglove again zzz

megat36

175 posts

Posted by megat36 > 2020-12-13 10:49 | Report Abuse

run run run....

stockraider

31,556 posts

Posted by stockraider > 2020-12-13 10:55 | Report Abuse

THE DEMAND FOR GLOVES ALREADY PEAK, COUPLE WITH SHARP INCREASE IN CAPACITIES & COMPETITIONS & VACCINES COMING WHICH IS A RECIPE FOR SHARE PRICE COLLAPSE FOR GLOVES COMPANIES LOH!!

TheStar Sat, Dec 12, 2020 08:10am - 1 day ago

Peak gloves

WHEN the price of crude oil was onward to its historical highs, we were introduced to the phrase “peak oil.”

Peak oil was to show how production of crude oil was at its high and why the world will not see oil gushers in the frequency it has in the past. Well production did rise, given the historic prices that made marginal fields, deepwater and fracking viable.

But demand unfortunately did not keep up because the high prices meant the world started looking at alternative and renewable energy.

Like high oil prices back in the day where the oil majors were sloshing in cash, the same now may be said of our glove manufacturers.

The role and importance of gloves cannot be understated in the global fight against the Covid-19 pandemic although there is much room for improvement in terms of how some in the industry handle the welfare of their workers.

Top Glove Corp Bhd’s extraordinary profit of RM2.38bil in the first quarter of its 2021 financial year was symbolic of high demand and prices, and it was more than the RM1.87bil it made for the whole of its 2020 financial year.

There is no doubt other glove companies will be making super-normal profit for some time but it will be unfathomable to expect that trajectory of profit increases to continue.

As the world starts rolling out vaccines and as more people get inoculated against Covid-19, then the catalyst for the huge profits would increasingly get muted. The argument that the vaccine rollout will require the use of gloves is true but much of that will be one time use. The world has a population of 7.8 billion people and 16 billion pieces of gloves, or 32 billion if there needs to be two injections, to administer a vaccine to each and every person. Top Glove alone makes way more than that.

Then there is competition from new suppliers. Germany is starting to make rubber gloves seeing the demand and profits companies are making, which would indicate that the barriers of entry are not high for a business that can be automated to a way larger degree than it is in Malaysia. Then there is the production increase from existing manufacturers and new players just in Malaysia that are entering the business.

The glove players will make more money than prior to the pandemic but how will the supply dynamics change and prices react will bear watching over the long run.

Taipan

1,139 posts

Posted by Taipan > 2020-12-13 10:59 | Report Abuse

Chris Whitty Chief Medical Officer for England warns coronavirus vaccination might be needed 'annually' if virus mutates

https://www.express.co.uk/news/politics/1370279/Chris-Whitty-news-coro...

So gloves will be continuously needed and be in demand for many years ahead.

Noobee88

408 posts

Posted by Noobee88 > 2020-12-13 12:22 | Report Abuse

Exactly... stop trolling .... leave the forum if u have no faith ... glove stocks won’t die, neither will the company. Why worry so much?

Geek2020

970 posts

Posted by Geek2020 > 2020-12-13 15:53 | Report Abuse

Vaccination likely a yearly affair’! Immunity doesnt last..echoes England Chief Medical Officer and WHO

Taipan

1,139 posts

Posted by Taipan > 2020-12-13 16:13 | Report Abuse

All glove companies should suspend their trading tomorrow morning and issue a collective statement to all media, press conference and Bursa about the manipulators. They should provide facts and data about the rising ASP, Spot price, Demand, order books, etc, etc. Put the records straight with facts and figures to shut the manipulators and IBs once an for all. Also take action against them.

Chelly

57 posts

Posted by Chelly > 2020-12-13 16:16 | Report Abuse

Stockraider is proxy of JP. He is chewai guy

mf

28,046 posts

Posted by mf > 2020-12-13 16:16 | Report Abuse

TANGKAK - [DIKEMASKINI] Kerajaan bercadang meningkatkan pembelian vaksin Covid-19 agar dapat menampung keperluan imunisasi hingga 70 peratus rakyat berbanding kuantiti asal sebanyak 30 peratus.


Perdana Menteri, Tan Sri Muhyiddin Yassin berkata, ini kerana ada negara yang sudah membeli vaksin itu dengan sesetengahnya memperoleh dalam kuantiti yang banyak melebihi jumlah penduduk mereka sendiri.
Artikel Penuh : https://www.sinarharian.com.my/article/114572/KHAS/Covid-19/Kerajaan-cadang-naikkan-pembelian-vaksin-Covid-19-PM
© 2018 Hakcipta Terpelihara Kumpulan Karangkraf

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-12-13 16:37 | Report Abuse

Just follow me shout limit up limit up

Posted by EngineeringProfit > 2020-12-13 16:37 | Report Abuse

You are not JP morgan lah

stockraider

31,556 posts

Posted by stockraider > 2020-12-13 16:41 | Report Abuse

THEY DO NOT DARE MAH....!!

BCOS THE FUTURE FACTS THEY SUPPLY WILL BE VERY NEGATIVE LOH...!!

Posted by Taipan > Dec 13, 2020 4:13 PM | Report Abuse

All glove companies should suspend their trading tomorrow morning and issue a collective statement to all media, press conference and Bursa about the manipulators. They should provide facts and data about the rising ASP, Spot price, Demand, order books, etc, etc. Put the records straight with facts and figures to shut the manipulators and IBs once an for all. Also take action against them.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-13 17:33 | Report Abuse

Bahrain Approves China’s Sinopharm Covid-19 Vaccine

Bahrain approved the registration of the Sinopharm Group Co Ltd. vaccine against the coronavirus, about a week after the United Arab Emirates registered the Chinese-made vaccine.

“Results from Phase III clinical trials showed an 86% efficacy rate, a 99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of Covid-19,” the National Health Regulatory Authority said in a statement Sunday.

Bahrain has participated in phase III clinical trials, in which more than 7,700 volunteers signed up. Bahrain had previously authorized the emergency use of the vaccine, which was provided to frontline workers in contact with coronavirus patients.

The UAE registered the Sinopharm vaccine after finding it had a 86% efficacy rate, paving the way for a full public use and allowing for a re-opening of the Gulf nation’s economy.

Egypt plans to start the process of inoculation against the coronavirus after receiving the first shipments of Sinopharm vaccine.

https://www.bloomberg.com/news/articles/2020-12-13/bahrain-approves-china-s-sinopharm-covid-19-vaccine

https://abcnews.go.com/Health/wireStory/bahrain-approves-chinese-covid-19-vaccine-74699175

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-13 18:21 | Report Abuse

Govt to increase Covid-19 vaccine purchase to cover 60%-70% of M'sians — PM

The government has plans to increase its purchase of the Covid-19 vaccine to cover the immunisation needs of about 60%-70% of Malaysians compared with 30% currently.

Prime Minister Tan Sri Muhyiddin Yassin said this was because some nations had purchased doses exceeding their population.

“As for Malaysia, we have already got 30%. I have instructed Health Minister Datuk Seri Dr Adham Baba along with [Science, Technology and Innovation Minister] Khairy Jamaluddin Abu Bakar to negotiate and increase it from 30% to 60% or 70%.

https://www.theedgemarkets.com/article/govt-mulls-increasing-covid19-vaccine-purchase-30-6070-meet-msians-immunisation-needs-%E2%80%94-pm

Posted by Everybodyhuat > 2020-12-13 18:41 | Report Abuse

Do you know that if retailers start disposing glove stocks, who stand to benefit the most? Bank stocks. This is because many retailers who bought and hold glove stocks are holding on for strong fundamental and the same guy would have bought banking stocks if not for the gloves. These banks would want more bad news for gloves, so that retailers will switch their portfolio to banking stocks. Imagine billions of stock worth money suddenly switch to banks. Their stock price will jump up. Now you know why there is a thorough effort to create bad news for glove industry especially the big brother Top Glove?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-13 20:22 | Report Abuse

COVID-19 vaccine is permissible for Muslim use, preservation of life is key consideration: MUIS

SINGAPORE: The Islamic Religious Council of Singapore (MUIS) said on Sunday (Dec 13) that it "holds the position that a COVID-19 vaccine is permissible for Muslim use".

"We would advise and encourage Muslims to be vaccinated once it is available and when the vaccine has been medically authorised as safe and effective, as this is a basic necessity to protect lives in the context of a global pandemic," said MUIS.

The council made its religious position on the vaccine known in a media release.

It said that the objectives of introducing a COVID-19 vaccine and the processes involved in producing vaccines are "largely aligned to established Islamic principles and values".

Islamic jurisprudence places great importance on the sanctity and safety of human life and the protection of livelihoods, it said.

Efforts to protect human life from any form of danger and harm, such as the development of vaccines, are therefore highly encouraged in Islam, it added.

https://www.channelnewsasia.com/news/singapore/covid-19-vaccine-muis-permissible-for-muslim-use-halal-13762806

Posted by Breakfastcereal > 2020-12-13 20:34 | Report Abuse

There is no need to promote vaccine stocks here. Gloves and vaccines stock can go up together. Only vaccines stocks has a lifespan . After that, going down when there is no requirement anymore

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-12-13 21:16 | Report Abuse

if tomolo down 20% will buy 50000 units..

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-12-13 21:45 | Report Abuse

Tmr sapu..and bullish to Rm3

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-12-14 00:01 | Report Abuse

Tomorrow comfirm limit up, trend already tell us

Taipan

1,139 posts

Posted by Taipan > 2020-12-14 03:21 | Report Abuse

Let's do our part guys. Don't sell. Just hold. The IBs will burn.

ming

2,072 posts

Posted by ming > 2020-12-14 03:40 | Report Abuse

buy only when it rebound.. not try to catch the falling knife

Dont try to fight trend la.. ur bullet not enough to change trend

Earthtime

79 posts

Posted by Earthtime > 2020-12-14 07:57 | Report Abuse

Limit up..

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-14 08:09 | Report Abuse

limit down got la

jonsuk67

51 posts

Posted by jonsuk67 > 2020-12-14 09:17 | Report Abuse

JP is the biggest crook! Their CEO, Jamie Dimon is the worst kind. I am sad to see many of us have all fallen into JP trap,

Next thing they gonna do is buying up the glove counters shares in Malaysia.

https://klse.i3investor.com/blogs/investingforlife/2020-12-14-story-h1537567162-Malaysia_Bank_vs_JPMORGAN.jsp

Taipan

1,139 posts

Posted by Taipan > 2020-12-14 09:19 | Report Abuse

Dont sell guys. Just hold or buy. See the fake Q for selling. Suddenly disappears. Its all manipulation.

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-12-14 09:23 | Report Abuse

Jst bought 2.41..hope will sell above Rm3, glove shortage supply soon when vaccine full suplly.

strattegist

23,459 posts

Posted by strattegist > 2020-12-14 09:59 | Report Abuse

red

IvanC

669 posts

Posted by IvanC > 2020-12-14 11:03 | Report Abuse

Ikan bilis is like that lah, like to play long term downtrend stock, play short term rebound. High risk low return. Glove confirm will blood bath until end of march 2021.

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-12-14 11:59 | Report Abuse

My average 3.35, should i buy more at 2.4 in order average down? Any master can advise?

super_newbie

1,261 posts

Posted by super_newbie > 2020-12-14 12:15 | Report Abuse

Depend on your holding power and belief on company's forward earnings.

super_newbie

1,261 posts

Posted by super_newbie > 2020-12-14 12:16 | Report Abuse

I believe Careplus will only do better with higher capacity growth in following quarter.

Noobee88

408 posts

Posted by Noobee88 > 2020-12-14 12:16 | Report Abuse

I’m still holding ... no worries ...

Posted by **Houdini** > 2020-12-14 12:40 | Report Abuse

Switch to YTL and recoup your losses!

Welcome, Amigo!

Posted by Greed_kills > 2020-12-14 13:34 | Report Abuse

Hold and closing computer. Open end March when all the call warrants if not sure cannot tahan

Robinhud

329 posts

Posted by Robinhud > 2020-12-14 13:50 | Report Abuse

Wait at rm 2

strattegist

23,459 posts

Posted by strattegist > 2020-12-14 13:55 | Report Abuse

red

Alvin8866

10 posts

Posted by Alvin8866 > 2020-12-14 14:47 | Report Abuse

hi,..when is the c QR out ya...dec ?

Seeyounoup

1,201 posts

Posted by Seeyounoup > 2020-12-14 15:31 | Report Abuse

those who laugh at glove , make fun of glove,insult glove stocks. now is ur turn for you karma , ur AA ,genting , bank will start to blood and free fall.

stockraider

31,556 posts

Posted by stockraider > 2020-12-14 15:44 | Report Abuse

Please do not invest in the stockmarket without having some good exposure in highly safe & good potential insas mah...!!

Newbie318

331 posts

Posted by Newbie318 > 2020-12-14 17:34 | Report Abuse

Relax guys,soon gloves counters will be back again.
Patient is key to sucessful investing.

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-12-14 17:49 | Report Abuse

Previous history already told us, tomorrow glove counter huge rebound

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