500 can't even pay my commission. Aiya, Uptick is almost always follow by another 2 upticks... it is how this game is play. Month end accounting closing for this company is 31/10/20 and FYI, the management already know how much they will make way before the Bursa announcement. By the looks of things, with the low P/E, the potential to uptick is more than those with higher P/E. Wait for it...
i will keep comfort and wont sell anything less than RM9, if Ruberex can hit RM9 (pre-BI) i dont see why comfort should settle for anything less than that after all Comfort PAT almost doubled Ruberex...
JohnFarmer458 ..... that was what I thought. but unfortunately the share price is rather malaise (if not, useless). Major shareholders continue to syiok sendiri ( & masterbth) to much by keep transferring among family member.
Whereas, other counter put in concerted effort to enhance share price
A Must buy the cheapest out of 7 GLOVE stock in BURSA** Carepls WHY???
1) Carepls gloves capacity 4.1 Billions n will increase to 6.1 B 3rd/4th QTR this year, next year 2021 will increase up to 8.8 Billions n Carepls also joint venture with most pioneer n well establish glove maker ANSELL is world leading supplier of medcical glove Carepls is the cheapest Gloves stock now at RM 3.88 (share issue 540,359 m )
2)Comfort gloves capacity 5 Billions n will increase to 5.5 B only end of this year Comfort stock price as of now at RM 4.88 (share issue 582,949 m )
3)Ruberex gloves capacity 1.5 Billions will increase to 3 B only end of this year Ruberex stock price as of now at RM 2.89 x 3= RM 8.67 (share issue 277,425 M x 3= 832,275 M)
Among the 3 Gloves stock Carepls the cheapest at RM 3.88 and capacity the highest at 8.8 Billions Glove by next year
Where else Comfort and Ruberex stock prices respectively already RM4.88 n RM2.89x3= RM8.67 and both capacity lower than Carepls
Better buy Carepls now before it overtake Comfort and Ruberex soon
Dont miss the final and last boat
No more cheap Glove stock boat anymore beside Carepls
Note: Carepls just like a last Emperor of China (Emperor PuYI)
KUALA LUMPUR (July 27): Careplus Group Bhd hit an all-time high in early trade Monday as it went back into the black for the second quarter ended June 30, 2020 (2QFY20), posting a net profit of RM36.21 million, of which RM15.4 million was registered as one-off gain from a stake disposal.
At 9.25am, Careplus rose 17.9% or 44 sen to RM2.90 with 61.65 million shares traded.
Quarterly revenue increased 26.9% to RM118.9 million, from RM86.9 million in the corresponding quarter last year.
The group said it will double its total production capacity to 8.8 billion pieces by end-2021 from 4.1 billion pieces currently — with a total of 50 production lines by then.
The group said it will double its total production capacity to 8.8 billion pieces by end-2021 from 4.1 billion pieces currently — with a total of 50 production lines by then.
Comfort Gloves
Currently Comfort is producing 450 million gloves per month or 5.4 billion gloves annually. From February it has added 6 new production lines to its existing 49 lines. The production increase is timely to take advantage of the higher sale prices.
Rubberex
Currently Rubberex is producing 1 billion gloves annually. Its new production plants which is scheduled to start operation in June has a production capacity of 2 billion gloves annually. The total production will be 3 billion gloves annually.
Rubberex is able to rocket up because its profit margin is HIGHER than Comfort. Rubberex's main business takes place in Europe where the virus is getting out of control right now with the highest daily cases ever recorded in all European countries. Spain, France, Italy, and the UK. Rubberex's main market is and source of revenue is Europe.
anybody that plays stock market already have extra cash lying around, most of them are rich and the rest 20% ikan bilis. stay in penthouse everyday buy sell
Yep.. strong resistant at 5. Today hard to go above 5. Tomorrow will be above 5...
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Posted by speakup > 2020-10-19 12:22 | Report Abuse
see money take money
syndicate will punish those greedy