after so many retailers enter stocks market, klse post all about cabut....run...holland....GG.....RIP . Can post more practical and logical message or not
Careplus 3Q20 PAT RM 42.9 Mil included the one-off gain of RM 15.4 Mil from the disposal of 50% equity interest in Careplus for the joint venture with Ansell in the last year second quarter.
So its actual 3Q20 PAT from just glove revenue was RM 42.9 - RM 15.4 = RM 27.5 Mil.
4Q20 PAT from just glove revenue is RM 42.2 Mil.
Now do the math. An increase of PAT RM 14.7 Mil in just one quarter. A whooping +53% increase in PAT from glove revenue.
So very clear indication that Average Selling Price has indeed gone up significantly. The numbers do not lie. These are the facts. The glove peak is yet to come.
Also Reading the notes to the Q4'20 report, there are one-off provisions and expenses recognised in this Q4 of RM21.64m.
Adding that back to the PBT of RM59.5m, Q4 PBT wld have been RM81.1M, a big jump from Q3'20 PBT of RM49.7m.
As such, and with ASPs continually rising, the coming Q1'21 results should show a very big jump from Q4'20 numbers and this cld be announced as early as end Apr'21.
Prospects (as per the 4th Quarter Ended 31 December 2020 )
Mikecyc, stop your nonsense and gloating. You’re iust full of your own self importance and arrogance. What an asshole you are. Your nonsense is made worse by your broken English. You sound so uneducated, no one believes the crap you spout !
I am happily holding my stocks, no worries so shove off, and be careful where you walk. 21/02/2021 1:51 PM
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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....
Mikecyc
46,937 posts
Posted by Mikecyc > 2021-02-18 23:03 |
Post removed.Why?