Caely Holdings Bhd's substantial shareholder Ni Hsin Resources Bhd has disposed of its entire 7.15 million shares or 4.27% stake in the former. Ni Hsin sold the shares in the open market for RM4.4 million, with an expected gain of RM804,049, which will be put towards working capital purposes. Ni Hsin’s total investment cost in Caely from 2017 to Aug 3, 2020, stood at RM7.13 million.
Caely produces facemask and PPes also and has standing orders. This will keep it in good stead - with many companies jumping onto this HCsector which will continue even after the vaccine for Covid is available (facemask for flu prevention, TB etc). Way I look at it, if looking at gloves industry's direction which showed companies moving into acquiring existing glove-making firms, the spot left by NiHsin will be taken up by others in competition - maybe a backdoor acquisition? Let's watch the fun
Looks like there is second life after NihSin. This morning's volume drop benefitted some very smart investors - collecting a few million shares between 0.59 to 0.53. Like I mentioned earlier - no change in fundamentals except that NihSin made profit from its moving away from this stock. But the contracts of PPEs and facemasks have been signed and production is probably geared towards meeting that. So, you can wait and see how this will go
TA wise, the hourly charts are showing good buying up and if one can be optimistic, it may even break the early targets reached. If not at least end the day at around late 60s
TA is reflecting recovery of its earlier momentum before the sharp panic selling today. If it finishes at above 0.63, then it is well on its way to 0.73 to fulfill its higher Fibo extension. Afterall, it touched 61sen this afternoon
Notion, UPA jus entry into mask ored limit up.. This we r looking existing fabric mask which is going to be hot topic.. Waiting exempt tax fr Gomen as well... After that... BOOM.. fly to the sky..
@ tressele Flushing weak retailers. Wait and see 11/08/2020 9:23 PM
Not really - no fund support. Since departure of Nihsin, it has lost goodwill. But since business modules are intact, I don't see why people should panic sell. In all eventuality, it could later be target of some form of takeover via shareholding space since its "infrastructure" are already geared to facemask and PPE making
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shinchan123
20 posts
Posted by shinchan123 > 2020-08-05 11:47 | Report Abuse
Sleeping healthcare related counter yet to awake: DNONCE
个人观点:premium现在很美,是个不错的选择,也可以考虑convert 。
公司运作:现在新的管理层很强大,信心是有的。
公司营销:之前确实有显示盈利了。现在加上泰国以及外国的新单,估计会有爆副性增长。
市场因数:因为明天HLT 和他们的伙伴都不能起了。加上Kossan也否认了与AT & Green 的合作关系。散户们会转码头。预计 Dnonce 会从中得少许利益。
总结:TP mother share: RM0.90, Warrant: RM0.50
买卖自负哦。小心做功课!