Posted by Investotrader88 > 2020-07-24 09:59 | Report Abuse

Unloaded all thanks to buyer time to run phew

Posted by shadowz > 2020-07-24 10:01 | Report Abuse

comfort TP 4.50, HLT TP 1.02

Posted by calvintaneng > 2020-07-24 10:11 | Report Abuse

comfort over rm4.20 upside limited

Keep in mind

MALAYSIA HAS ONLY 8 LISTED RUBBER GLOVE PLAYERS

4 MAJOR ONES CROSSED RM15 TO RM27 HIGH UP THE SKY IN PRICES

TWO MORE NOT CHEAP AS RUBBEREX CAPPED BY NEW OWNER & COMFORT OVER RM4.00

SO?

SO ONLY 2 GENUINE MEDICAL EXAM GLOVE STOCKS LEFT

CAREPLUS & HLT (HL RUBBER)

ONLY 2 LEFT AND NO MORE

AND SINCE THEY ARE BOTH LAGGARDS THE POTENTIAL TO RISE IS GOOD

GET YOUR HANDS ON THEM AND HOLD TIGHTLY

ONCE LET GO YOU GOT NO MORE CHANCE TO OWN ANY CHEAP BARGAIN MEDICAL GLOVE STOCKS ANYMORE

REGARDS

CALVIN

AND MORE

HL RUBBER INDUSTRIES (0188) IS THE ONLY MEDICAL EXAM GLOVE STOCK STILL BELOW RM1 RINGGIT

IN USA CURRENCY ONE RINGGIT IS NOT EVEN US 25 SEN

IN ONLY WARREN BUFFET KNOWS

WHY?

ANSWER: BECAUSE MALAYSIA MEDICAL EXAM GLOVES IN HOT DEMAND WORLDWIDE

AND WARREN BUFFET LIKE STOCKS THAT SELL TO WHOLE WORLD LIKE COCA COLA, WRIGLEY CHEWING GUM & OTHERS.

YES HL RUBBER HAS A 7.8 BILLION MARKET

Posted by Kino2814 > 2020-07-24 10:24 | Report Abuse

charge!! break 4.33

Posted by PZOGRO > 2020-07-24 10:42 | Report Abuse

Hosei liao..Comfort breaking 4.33 coming action ...showtime....

Posted by PZOGRO > 2020-07-24 10:45 | Report Abuse

After Carepls, Hlt....Comfort to catch up show limit up to 5.56....go go go

Posted by PZOGRO > 2020-07-24 10:46 | Report Abuse

sharks smeeling something today....all rushing back to abondon Comfort later

Posted by PZOGRO > 2020-07-24 10:56 | Report Abuse

thsi forum why so quiet no like Supermx and Carepls.....let hot it up up up

Posted by foongkitmun > 2020-07-24 11:30 | Report Abuse

PZOGRO thsi forum why so quiet no like Supermx and Carepls.....let hot it up up up
24/07/2020 10:56 AM


To leave the quietness, I think this counter will go for 10...someone to continue......

Posted by Aramco > 2020-07-24 11:34 | Report Abuse

Aramco No more cheap gloves stock after Carepls RM 2.63

Production capacity same as Comfort Rm4.33

Caprepls capacity will be more than Comfort 1-2 Billions by year end

Ruberex Glove capacity only 1 Billion RM 3.67
24/07/2020 10:58 AM

Goldberg WRP is currently controlled by a Private equity fund. They are looking at way to cash out and it could be thru a merger.
This is the information that I have received.
--------------------------------------------
Posted by desmondlee78 > Jul 24, 2020 10:17 AM | Report Abuse

Goldberg how solid are the WRP rumours? A merger with WRP would make Careplus a 20 billion glove capacity a year. That's a quarter of Top Glove capacity.

Posted by chopstick > 2020-07-24 11:36 | Report Abuse

it's seem china going to be the first in covid-19 vaccines,. this shall be their greatest weapon . MAKE CHINA GREATEST AMONG THE REST.

Posted by Aramco > 2020-07-24 11:38 | Report Abuse

Carepls is the only cheapest Gloves stock in Bursa out of 7 stock
Catch me while u can or else will be too late when explosive result out very soon
Its will be the earliest to announce the result(as speculated)for QTR ended June
Normally those who announce earlier result must be good , for example TG announce 10 days after QTR ended May (June 10th announce)

Note: Carepls just like a last Emperor of China (Emperor PuYI)

Posted by chopstick > 2020-07-24 12:07 | Report Abuse

aiya , careplus set up hotels for workers, price surge , next comfort will said set up fully automatic run machine , price up up again. punters easily bought over. anyway hopefully is truth they will proceed

Posted by Baby Shark > 2020-07-24 12:26 | Report Abuse

Wah very cheap..

Posted by foongkitmun > 2020-07-24 12:49 | Report Abuse

Wow, i3 also hanged and crashed....

Posted by saahmad7 > 2020-07-24 13:29 | Report Abuse

Be careful guys. Today is Friday, high profit taking always occurs on Fridays and besides that most indexs are red. Get your profits first.

Posted by skyhin > 2020-07-24 15:17 | Report Abuse

Timing bad..... Supposed today up 4.50 due to. DJI DOWN, CHINAN USA TENSION..... very bad bad since I see a lot sapu comfort n carepls, supermax, TG share

Posted by genghis > 2020-07-24 15:42 | Report Abuse

today correction a bit ,still strong and healthy ok laa..maybe if the bos annouce buy school building to house the workers,probably can go 50cents up like careplus..ha ha.

Posted by ruby20 > 2020-07-24 15:45 | Report Abuse

I heard PAT 5x previous quarter.

Posted by Max2838 > 2020-07-24 16:09 | Report Abuse

Careplus buys hotel for workers. Now every room has aircon n attached bathroom.
Foreign workers living standard upgraded from culvert stay to hotel stay , so why Al-Jeera complaining? No hand soap n shampoo?

Posted by geary > 2020-07-24 16:55 | Report Abuse

Max2838 Careplus buys hotel for workers. Now every room has aircon n attached bathroom.
Foreign workers living standard upgraded from culvert stay to hotel stay , so why Al-Jeera complaining? No hand soap n shampoo?
24/07/2020 4:09 PM

Call them to fly kite loh...cannot buy themselves...living standard so... bloody good... complain spa LAGI mahu...ಠ ೧ ಠ

Posted by ks5S > 2020-07-24 17:12 | Report Abuse

comfort worker hostel near the factory. More productive and easy for workers to go to work

Posted by ks5S > 2020-07-24 17:14 | Report Abuse

I think comfort will merge with wrp

Posted by Aramco > 2020-07-24 18:20 | Report Abuse

Friday, 24 Jul 2020

6:13PM CAREPLS 1H net profit 37.353 million

Posted by ks5S > 2020-07-24 18:43 | Report Abuse

superb. I think comfort next quarter will hit 40 million

Posted by KK > 2020-07-24 19:06 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3071795

Posted by ks5S > 2020-07-24 19:12 | Report Abuse

even small company like careplus make so much money, comfort should very very good.

Posted by skyhin > 2020-07-24 21:11 | Report Abuse

Comfort still sell low. Pricing that maybe caused no. Huge profit.....

Posted by skyhin > 2020-07-24 21:12 | Report Abuse

That is last month Agm meeting..... Still have profit but no huge like 40m...

Posted by Aramco > 2020-07-24 21:47 | Report Abuse

bigprice KUALA LUMPURL: Glove maker Careplus Group Bhdturned a huge profit in second quarter ended June 30 boosted by strong demand worldwide for the protective gear.

The number of Covid-19 infection worldwide continue to accelerate this week, with total confirmed cases rising above the 15.5 million people mark.

Careplus said the global pandemic caused by the Covid-19 virus have created an exponential increase in demand for medical gloves which have benefited many manufacturers.

For the three-month ended June 30, revenue climbed 37% to RM118.9mil, while net profit soared to RM36.3mi, or 6.7 sen a share.

"The average selling prices have surged during the pandemic period which is expected to continue until vaccines have been developed and administered globally," Careplus said in a filing with Bursa Malaysia today.

It said while spot average selling price (ASP) remain high, the ASP for regular buyers is expected to increase in the coming quarter barring any significant change to current shortage of supply.

"The Group therefore expects strong positive results in this pandemic period and beyond," Careplus added.

Meanwhile, the worsening COVID-19 pandemic has accelerated the company's plan to increase the production capacity.

By end of this year, ten new production lines will be installed and commissioned, while another thirteen new production lines will be installed and commissioned next year.

"This will nearly double the total production capacity from 4.1 billion pieces to about 8.8 billion pieces by end of 2021 barring any interruption," Careplus said.

The Group will have a total of 50 production lines by end of 2021.
24/07/2020 9:00 PM

Posted by Aramco > 2020-07-24 21:50 | Report Abuse

Arsenewenger8383 Actual profit is 21 million.. our capacity is 4.1 billion gloves per annum.. we should expect $1 billion in revenue in 2020.. but we still too far behind.. Q1 Rev $105 mil, Q2 Rev $119mil.. Q3? Q4? Ermm... long way to go..

Posted by NInvestor > 2020-07-24 23:12 | Report Abuse

when is QR coming out

Posted by imnewbie > 2020-07-25 00:11 | Report Abuse

Since careplus deliver excellent qr, lets roughly estimate for comfort next qr based on ASP exposed by the management last AGM.

Capacity: 6 bil p.annum, thus 500 mil per month

Last year end Q1, ASP USD 22/1000 pcs
Rev: 500mil x 22/1000 x rm4.2 x 3mths = 138 mil (match actual)

Previous Q2, ASP USD 25/1000pcs
Rev: 500 mil x 25/1000 x rm4.2 x 3 mths = 157mil (≈153mil actual)

Coming Q, ASP USD30 -35/1000pcs, lets take USD 33
Rev: 500 mil x 33/100p x rm4.2 x 3 mths = 208mil (may higher since ASP increased 5 -10% every mth)

Let say net profit margin can reach 15% due to higher ASP
208mil x 0.12 = 31.2mil(estimate)

Posted by kd88 > 2020-07-25 11:44 | Report Abuse

A vaccine in development by the British-Swedish company AstraZeneca and the University of Oxford is based on a chimpanzee adenovirus called ChAdOx1. Their Phase I/II trial, reported on July 20 in the journal Lancet, found that the vaccine was safe, causing no severe side effects. It raised antibodies against the coronavirus as well as other immune defenses. The vaccine is now in a Phase II/III trial in England, as well as Phase III trials in Brazil and South Africa. The project may deliver emergency vaccines by October. AstraZeneca has said their total manufacturing capacity for the vaccine, if approved, stands at two billion doses.

Posted by kd88 > 2020-07-25 11:45 | Report Abuse

The German company BioNTech has entered into collaborations with Pfizer, based in New York, and the Chinese drug maker Fosun Pharma to develop their mRNA vaccine. In July, they posted preliminary results from their Phase I/II trials in the United States and Germany. They found that the volunteers produced antibodies against SARS-CoV-2, as well as immune cells called T cells that respond to the virus. Some volunteers experienced moderate side effects such as sleep disturbances and sore arms.

The company expects to start Phase III trials by the end of July. On July 22, the Trump administration awarded a $1.9 billion contract for 100 million doses to be delivered by December and the option to acquire 500 million more doses. If approved, Pfizer said they expect to manufacture over 1.3 billion doses of their vaccine by the end of 2021.

Posted by mk11235 > 2020-07-25 12:09 | Report Abuse

sad to miss the Rubber Glove boom is a once in a generation chance to make some money in the stock market. China has their A-shares boom, USA has their tech boom (Tesla $TSLA, Facebook $FB etc), we humble malaysians have this one chance with the rubber gloves. At this frothy levels what else can we buy???

Posted by Kevin Tam > 2020-07-25 13:00 | Report Abuse

Careplus this quarter net profit of 36 mil including one off 15 million gain from selling 50% stake of Careplus (M) Sdn Bhd , that mean core business net profit is 21 mil , which is still 18-19 folds of careplus normal profit per quarter of RM1-1.3 mil ....

Posted by ws8055 > 2020-07-25 13:07 | Report Abuse

glove rally will sustain. with every new cluster/outbreak worldwide it will push prices up.. try calling your local glove company and ask to buy 1 container of gloves. you will be lucky if you get to place an order with goods to receive by March 2021. revenue intact for the next 6 months at least!
safer bets are the big 3, but if you want a multibagger, look at VIP Gloves Ltd (VIP) ASX-listed. the rally has not yet reached the Aussie shores! Akan Datang!

Posted by kd88 > 2020-07-25 14:25 | Report Abuse

https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html

Actually got 1`vaccine already approved and applied in China amArmy.

Analyse yourself when the music of glove gonna to be end.

Posted by mk11235 > 2020-07-25 16:58 | Report Abuse

but vaccine doesnt cure the disease. this is basic science. glove demand is fundamental to provision of healthcare as means of the personal protective equipment (PPE). The biggest bottleneck is the ability to increase supplies to meet the surge in demand.
secondly, the availability of a vaccine does not mean the availability of supply immediately due to production constraints. there is >1 billion people in china who will have to be vaccinated first before anyone of us gets it

Posted by nicky > 2020-07-25 18:07 | Report Abuse

This is Comfort's forum... So everyone knows Careplus makes huge profit .. how abt Comfort ?

Posted by stephenkai1996 > 2020-07-25 19:58 | Report Abuse

seem the glove wont be end

Posted by ccs999 > 2020-07-25 22:55 | Report Abuse

All in

Posted by ks5S > 2020-07-26 10:17 | Report Abuse

top glove will bought over comfort soon.

Posted by Runggi > 2020-07-26 10:48 | Report Abuse

macam mana kau tau ?

Posted by nicky > 2020-07-26 12:12 | Report Abuse

PZOGRO.... if based on past results... Careplus performance were far behind Comfort. If Careplus latest quarter above expectation then u say Comfort overpriced ?? Hoe about all those Top 4 ? Overpriced as well ???? Lol

Posted by oskchoon > 2020-07-26 12:52 | Report Abuse

Careplus is a black horse, it will reach the same price like comfort Glove...

Posted by skyhin > 2020-07-26 13:29 | Report Abuse

Ks5s.... Where got TG buy comfort......

Posted by nicky > 2020-07-26 13:43 | Report Abuse

askchhon ... u shld say Comfort will surge to another high...

Posted by kk7198 > 2020-07-26 19:36 | Report Abuse

TG is considering to buy Latexx.