JERASIA CAPITAL BHD

KLSE (MYR): JERASIA (8931)

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2 people like this.

471 comment(s). Last comment by mf 2023-08-21 14:06

cooker

27 posts

Posted by cooker > 2020-08-19 21:20 | Report Abuse

Sell all at 0.56, will collect more if back to 0.4

Posted by therookieechingchong > 2020-09-02 14:14 | Report Abuse

waiting for lower price and to sell at higher price now

Posted by Cheongster1715 > 2020-09-02 18:59 | Report Abuse

price rebound after others healthcare stock jalan

Kaizenzon

359 posts

Posted by Kaizenzon > 2020-09-30 13:32 | Report Abuse

Prolexus apparel shares jumped. When is your turn Jerasia?

dompeilee

11,888 posts

Posted by dompeilee > 2020-10-01 15:06 | Report Abuse

Jerasia cannot sustain their 200mil DEBT load...go out of biz soon...

apolloang

18,163 posts

Posted by apolloang > 2020-10-01 15:08 | Report Abuse

jerasia last time is MCL. in 1997 MCL went up until 55.00 then down to 50cts then rebound to 5.50 in 1999

Posted by darthvader5566 > 2020-10-05 18:03 | Report Abuse

@dompeilee , i think you got it wrong. the one which is in DEBT is Caely

JayC88

898 posts

Posted by JayC88 > 2020-10-09 16:03 | Report Abuse

lai liao lai liao

JayC88

898 posts

Posted by JayC88 > 2020-10-09 16:26 | Report Abuse

hold your seatbelts...

terence775

550 posts

Posted by terence775 > 2020-10-09 17:27 | Report Abuse

Jerasia looks like a good company.
Garment manufacturer. Management says worst quarter is over. Have repurposed about 70% of their production lines and gotten approval to make PPE (mainly gowns and head/shoe covers) since july. Already secured orders from health institutions to supply (from date of announcement, 750,000 pcs amounting to about RM 5mil). Share price has been downtrending with low volume until recently.

Technically, price is very close to support of 38-40sen. no clear resistance until about 55-60sen. It has formed a nice flag, with potential for breakout soon. What do you think?

Posted by therookieechingchong > 2020-10-09 17:35 | Report Abuse

largest shareholder - Deputy Chairman, the Founder sold his shares, what thought?

terence775

550 posts

Posted by terence775 > 2020-10-12 09:40 | Report Abuse

250,000 shares out of 23,000,000 shares. any issues?

terence775

550 posts

Posted by terence775 > 2020-10-12 12:42 | Report Abuse

my thesis for jerasia is this:
repurposed 90% of their production line to make PPE (gowns and head covers and shoe covers). Since they're already a garment manufacturer, they don't incur any cost to repurpose and can start production straightaway after getting approval (which they already got some months ago). So far, they are the only company that I know doing that. Others all enter face mask production (low barrier, simple to do, no approvals needed).

They already secured orders for their gowns from health institutions. And with 2nd outbreak of covid, Sabah already said they are lacking medical gowns. Inventory left 10+ days of stock only. severe shortage. I expect the shortage in other states will follow suit.

terence775

550 posts

Posted by terence775 > 2020-10-14 09:58 | Report Abuse

This is a lesser known PPE counter. Now everyone focus on PPE, just a matter of time for jerasia.

terence775

550 posts

Posted by terence775 > 2020-10-14 11:00 | Report Abuse

have people finally taken notice?

terence775

550 posts

Posted by terence775 > 2020-10-19 09:37 | Report Abuse

For those who entered when I was shouting till vomit, you can thank me later

JayC88

898 posts

Posted by JayC88 > 2020-10-19 11:04 | Report Abuse

thank you terence775
lunch together later ya :)

Posted by Kamie801162 > 2020-10-20 22:26 | Report Abuse

What is the target price?

Superb99

6,577 posts

Posted by Superb99 > 2020-10-21 10:19 | Report Abuse

No more momentum, need to take a rest

Superb99

6,577 posts

Posted by Superb99 > 2020-10-22 09:30 | Report Abuse

TP 1.2...lol....this is just another conman's counter, u can see it immediately down from 70 cents till 50 over cents after operator goreng it

Asyraf96

500 posts

Posted by Asyraf96 > 2020-10-27 11:08 | Report Abuse

Buyy nowww

Asyraf96

500 posts

Posted by Asyraf96 > 2020-10-27 11:29 | Report Abuse

Can limit up

Posted by therookieechingchong > 2020-11-03 13:44 | Report Abuse

just wait patiently

Posted by therookieechingchong > 2020-11-09 17:02 | Report Abuse

50 cents, I wonder who is supporting the price.

Posted by therookieechingchong > 2020-12-02 18:47 | Report Abuse

The Group’s capital raising exercise by way of a Rights Issue to capitalise, as announced on 10 August 2020, is pivotal and on track.

It will deleverage the Group’s bank borrowings and will address liquidity issues due to cash
flow mismatches. In addition, plans are actively being undertaken to deepen and expand the Group's entry into the healthcare segment.

FutureGains

10,261 posts

Posted by FutureGains > 2021-01-01 20:08 | Report Abuse

Monitor 35c

scriptx

6 posts

Posted by scriptx > 2021-01-08 11:45 | Report Abuse

limit up today?

Posted by therookieechingchong > 2021-01-08 16:06 | Report Abuse

rise perhaps on insider for their circular to be announce today?

scriptx

6 posts

Posted by scriptx > 2021-01-09 11:34 | Report Abuse

good news coming?

FutureGains

10,261 posts

Posted by FutureGains > 2021-01-09 20:44 | Report Abuse

aborted yest.becos MCO.....monday monitor.Could be limit up
.

fankl113

83 posts

Posted by fankl113 > 2021-01-10 09:55 | Report Abuse

What news is it?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-01-30 05:10 | Report Abuse

Jerasia looking to raise RM261 million for entry into rubber gloves business

https://www.theedgemarkets.com/article/after-ppe-foray-mango-brand-retailer-jerasia-looks-raise-rm261m-glove-business

satha44

1,738 posts

Posted by satha44 > 2021-01-30 07:38 | Report Abuse

Jerasia quarterly results...not so great..
But this company may have hit the right note by venturing into Gloves and PPE....look at the cases..5725.
With only 80+ million shares....a limit up one of these days is highly likely....will monitor trades from next week..
If it retest the 4 weeks high.....49sens..only then uptrend is intact....lets c

Kingston1

1,716 posts

Posted by Kingston1 > 2021-01-30 11:30 | Report Abuse

我记得老千无常之前有说jerasia有做防护服,怎么业绩还这么烂?果然是老千!

cch1025

8 posts

Posted by cch1025 > 2021-02-01 02:15 | Report Abuse

Been losing 91sen for past 3 quarters and likely to lose again coming next quarter. Revenue also down a lot as business badly affected due to pandemic. High borrowing is of great concern and to venture into glove making now by raising funds through yet too be approved right issue is deemed optimistic.
It seems that even the land in NS is yet to be purchased and the factory also not constructed. Not to mention machineries been not installed and workers yet recruited and trained.
As from article from Edge, "Subject to the completion of the factory, the first glove dipping lines is expected to be commissioned by the second half of 2021." Is really a gigantic task and hope they will succeed and do wish them well.
01/02/2021 2:10 AM

noah

408 posts

Posted by noah > 2021-02-02 20:54 | Report Abuse

Golden Global was incorporated in Malaysia on 1 July 2020 as a private limited company. The
principal activity of Golden Global is in the business of original equipment manufacturing,
trading, marketing of nitrile and latex gloves. Golden Global is the registered brand owner for
gloves known as “Golden Care”.
As at 27 January 2021, being the latest practicable date prior to the date of this
announcement (“LPD”), the issued share capital of Golden Global is ((RM100,000)) comprising
100,000 ordinary shares. The SOLE director and shareholder of Golden Global is Streram A/L
Sinnasamy.

Jerasia agrees to supply to Golden Global and Golden Global agree to purchase
from Jerasia minimum of 72,000,000 boxes of latex and nitrile examination
gloves within 3 years from the effective date of the Offtake Agreement or such
further period as may be mutually agreed in writing between the parties, with
a monthly minimum volume commitment of 2,000,000 boxes throughout the
said 3 years period.

The purchase consideration of the latex and nitrile examination gloves shall be
at the prevailing average selling price of such products in Malaysia.

Yeah...
This deal sounds pretty convincing

Posted by therookieechingchong > 2021-02-03 12:28 | Report Abuse

if by average of RM20 per box, the revenue will be 40mil per month? minus out their COGS, likely will turn the company's P&L around when it starts and reflect on next year. However we need to monitor the ASP as well.

wongchin

1,006 posts

Posted by wongchin > 2021-03-08 23:25 | Report Abuse

Today dt knw u eat my 5 small lot at 31 cent??

aa88

526 posts

Posted by aa88 > 2021-04-27 22:19 | Report Abuse

green today good sign

Keyman188

5,968 posts

Posted by Keyman188 > 2021-05-09 14:59 | Report Abuse

After 25 Years, ESPRIT Will Be Closing Down ALL Malaysian Stores By End Of June

## https://worldofbuzz.com/after-25-years-esprit-will-be-closing-down-all-malaysian-stores-by-end-of-june/



Let the newbies refresh & recall the well-know garment chain news...

Posted by GoodOmens > 2021-06-02 10:44 | Report Abuse

0.60 before July

Lee007

51 posts

Posted by Lee007 > 2021-07-26 09:25 | Report Abuse

How big is the show? Flying.

man8748

41 posts

Posted by man8748 > 2021-07-26 09:35 | Report Abuse

Great....suddenly spike up, any news ?

bulldog

12,157 posts

Posted by bulldog > 2021-07-26 10:11 | Report Abuse

Accumulation in progress

Huat chaiii

mimisita

348 posts

Posted by mimisita > 2021-07-26 11:53 | Report Abuse

better take profit before they dump

greenish

19 posts

Posted by greenish > 2021-08-03 09:47 | Report Abuse

i already stuck....looking some miracle....

Solomon7

370 posts

Posted by Solomon7 > 2021-08-05 19:46 | Report Abuse

Greenish, I think miracle coming

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