KLSE (MYR): CAREPLS (0163)
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Last Price
0.565
Today's Change
-0.005 (0.88%)
Day's Change
0.565 - 0.59
Trading Volume
2,207,000
Date | Open | High | Low | Close | Change | Volume |
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I heard RUMOR say , this quarter result , EXCELLENT , coming EGM , announce on BONUS GIVEN .
5 days ago
MANY COMRADE putting BIG APPETITE ON IT lately , coz IT IS SUPERB SOUP TASTE .
5 days ago
Now pandemic not over yet as covid 19 & monkeypox keep increasing. As gloves counters still stagnant or not moving up wait until pandemic is over the glove counter will be worse
4 days ago
Careplus lost RM37 millions in 1 quarter extremely worst as production cost is higher than glove selling price
1 day ago
they earn around 350mil during covid....this loss can still tahan....but will it get worse next few quarters? lol
1 day ago
Historically for a long time it was around 10 cents ++ before covid. Careplus is going to drop below 10 cents... RIP to those that bought at RM4.00+
Simple math:
RM1.00 drop to RM0.50 = RM0.50 drop = 50% drop
RM0.50 go up to RM1.00 = RM0.50 up = 100% up
So....
RM4.00 to RM0.10 = RM3.90 drop = 97.5% drop
RM0.10 to RM4.00 = RM3.90 up = 4000% up
Good luck....
1 day ago
gloves counter are expected quarter losses anyway not the first gloves to report QR loss.
already stuck high, all time low (may go lower) but how low you want it to go.
u sell at a loss, buy what counter? from what i know
you sell at a loss = buy something else you lose there also.
overall market isnt doing well
1 day ago
KUALA LUMPUR (May 27): Glove maker Careplus Group Bhd recorded a net loss of RM37.7 million for the first quarter ended March 31, 2022 (1QFY22), plunging from a net profit of RM123.5 million a year prior due to a decline in average selling price (ASP), lower sales order from key customers, higher raw material prices and hike in utilities costs.
According to the group’s bourse filing on Friday (May 27), revenue fell by 65.9% to RM82.3 million from RM241.3 million while earnings per share came in at 6.64 sen compared with 22.98 sen previously. It did not declare any dividends.
"This (the decline in ASP, lower sales orders, higher raw material prices and hike in utilities costs) is further compounded by labour shortages and low utilisation rate of existing production capacities that contributed to production inefficiency losses," said Careplus in the financial results statement released on Friday.
1 day ago
Low utilisation rate is due to lower demand. But what the heck labor shortage? More labour do what? Sit at hostel makan gaji buta?
20 hours ago
Sanatan
Insufficient volume to push the price up.
2 weeks ago