@Jasonlcs The show is over. Bearish for this counter. take profit and move on

Yeah mate of course opinions and thoughts are welcomed so, enjoy all the best and move on.

It's diversified. After profit day some decided to invest back to blue chips as normal investment strategy but will flow back to the small cap counters soon. Hold on tight to the turbulence and stay strong

@Tripaka that pathetic jason is just probably one who missed the boat or does not have the holding power. He has been going everywhere spreading negativity let him be

Strong buy at 315

@su1801 well done some people don't study though haha

This time is unlike what happened weeks ago, strong support despite still many panic sellers

@btuscy yeah agree with you bro

Many just simply and happily hop into the counter yesterday without any analysis or research being done and now start to whine and complain.

Some of us have been holding since averagely below 0.2 and we still know it's not time to let go yet as we believe in this counter based on the past records hence they will even perform better during this pandemic. Every healthcare related counter is having turbulence now with heavy selling due to the uncertainties of new restriction and also after yesterday most of the counters experienced massive spike so it's just a normal a profit day. Those who are afraid and panic selling now, i recommend hopping onto a seesaw instead of a roller coaster.

@sufian572 yeah same I'm from around that price too. After so long staying stagnant BCM finally gets what it needs which is the attention and exposure we have mentioned many times. Also, there must be a reason why it's finally in the game as well as anticipation for the QR. One of the healthiest fundamental counter with positive net throughout the years. Be prepared and braced for the morning healthcare sector turbulence as some have gone to O&G, commodities. Due to what's happening around the world especially in US now, expect getting on a roller coaster ride everyday.

Something is brewing up looking at the activities now with yesterday's directors announcement to Bursa for close trading, Perhaps there are some news coming up like K1. Small hearts can go for daily trade here and big hearts definitely can stay for more. Once again, #justsaying

A lot short term players are profiting out and some are still quietly collecting back at a lower price. All dropped including the big glove players as a normal reaction to whatever is happening globally/locally except K1 which has awarded a license contract. Once again, trade accordingly to your own analysis and research.

@ikanbilis94 No worries we are here exchanging thoughts and opinions. As mentioned feel free to scroll up to our discussions and those were discussed during times when BCM was still staying shy and low in red all times while most of the healthcare related counters fly high rocket but finally not today, BCM is one of the biggest gainer outperforming it’s peers and other counters, shining bright like a diamond. Once again #justsaying, trade accordingly to your own analysis and research.

Welcome Eagle Eye. And for others who just joined this counter, feel free to scroll up what we have discussed about BCM prospect, potential and it’s one of the company who has been performing positive net throughout the years supported by all of their healthcare related subsidiaries. Based on its movement activities today, be prepared for the flows of incoming good news, management directions/plannings, and of course the most anticipated QR report. Good luck all

Psychology*

Congrats btuscy bro and others who have profited and decisions is still up to you all. To me the show has just started, this time will be unlike what happened few weeks ago. Putting aside other important factors, is more like physiological warfare now. Will continue hold for my own target. Good luck all

As also mentioned, this counter is the one least exposed to the media or public compared to the others. Despite, it still rides along with the trend and having said so, proven that just the fundamental of this business has enough to attract investors attention and when time comes they have more exposure then it will create higher value like its peers such as LKL.

@MIREDO lol seems like you don't get the business model there. "Laundry is just washing cloths" you have already answered to your own doubt and concern by saying it literally. Doesn't matter everyone has their own perspectives. All the best

@leeweisheng8 Can refer to one of BCM subsidiary which is their laundry business CS Laundry System Sdn Bhd. The group itself is all related to healthcare including their laundry business customers mostly are hospitals, they prioritize cleanliness and hygienic which is going in line with all their other healthcare subsidiaries under the umbrella. Even pre-covid hospitals are using their service already moreover now and in the future the whole world including us will start to take more precautions to prevent the outbreak and this could take years for the virus to linger around in our society. "Prevention is better than cure". BCM subsidiaries are all sync and related hence, creating a very good positive synergy.

Who are we?

CS Laundry is the leading laundry systems and Equipment Company that has grown by leaps and bound since it was incorporated in 1996.

We supply well-known brand like Speed Queen, Lelit, Renzacci, Pony and Huebsch, Jensen, Lapauw, Sitrovap. You can be assured that you only get the best laundry systems and professional maintenance support from our team of experienced technical staff.

The many well-known hotels and hospitals that are our customers testify the trust and confidence that are placed upon us. We believe in excellent services from design, planning and consultation to maintenance of Laundry equipments.

We are pleased to have a group of people who are dedicated to servicing the customers. See how we can help you make laundry an easy task to perform. We are the trusted name in the Laundry Industry Business.

https://www.cslaundry.com.my/about-us/

If is TP at 1.00, is not impossible once after QR BCM gets more exposure with also the company needs to reveal more of its upcoming and future plans. Although its FA is the best among its peers, alone itself is insufficient that's why they should take the advantage of its years of positive performance and boom up with few more catalysts. Still, invest accordingly to your own risk appetite and analysis.

@btuscy haha yeah only few of us stayed optimistic that time

This counter actually is riding the wave along with same momentum if you noticed and with lower price relatively means that still have a lot of room to go. I believe two factors which is what’s happening in US now which might cause second virus outbreak and also with the anticipation of QR reports are coming out also one of the biggest catalyst. It will be also catapulted to higher level with its strong FA.

Also bear in mind, today is mixed signal market as we can see O&G is also very active due to the US-China/HK tension therefore more volatile counters like O&G will be busier including the sharks there as US is gonna announce new US policies by tonight. Don't worry the limelight will be here soon again next week.

https://www.theedgemarkets.com/article/trump-says-hell-announce-china-moves-friday-news-conference

@btuscy yeah, they quietly collected and reloaded in the morning. Besides, today is Friday don't expect to see any big movement like those already "famous" counters. They will accumulate more and more for this counter before the real war starts.

https://www.theedgemarkets.com/article/list-companies-granted-extension-time-submit-quarterly-results-annual-reports

As at 2pm this is the list granted for QR extension

Element of surprise associated with uncertainties always ultimately provide unpredictable results. When others are busy riding along together with other waves, they will surprise everyone with unexpected situations. They will attack when you are unprepared or the place that you least expected. Decide accordingly to your own analysis and research done for this counter.

"Only when the tide goes out that you discover who's been swimming naked" Warren Buffett

10.54am transactions, swimming quietly collecting.

Latest news for south korea and philippines,

https://www.theedgemarkets.com/article/philippines-confirms-539-new-coronavirus-cases-largest-singleday-increase

https://www.theedgemarkets.com/article/south-korea-covid19-spike-stirs-second-wave-concern-social-distancing-crackdown

Getting more people/investors paying attention to this counter as we can see like yesterday its peak +% was at 17% which is relatively higher among the other similar counters.

They done eating in other sectors and now swimming back to their home, healthcare which considered as a safe haven investment during this global economy uncertainties and covid crisis.

Today's market is just having mixed signals. Two of the factors are easing lockdown in countries and encouraging vaccinations and the other setbacks are US-China trade tensions. Mexico reported high record daily deaths of 501 (Global news) and South Korea has new 40 cases (The Star) so as we can see, this is what happens when countries are easing down the lockdowns as being warned by WHO that second wave might happen. Regarding to vaccine we all know if things go well it will also take up to 1-2 years at least let alone the time duration of the approval to be used on every human being. Nevertheless, most of the counters like banking and O&G is also in red, investors sentiments are still doubtful and mixed. Hence, hold on a little tight for just a small turbulence for this counter to fly up high.

As for the local situation is also getting worse our Health DG said we will see an increase spike coming from foreign workers. We still need to provide treatment to them to get cured though and if the situation will be like SG hence the demand for medical equipments will be getting more and more.

@ray1980 US has been reporting vaccine here and there but as we know is still a long way to go and end up pocket from their increased share price first. And let alone how “optimistic” and “brave” are the Americans despite of their numbers of infections are increasing every single day. Nevertheless, even if there’s vaccine which might be developed years or even a decade later, healthcare equipments are still in high demand as also mentioned by other friends here in the forum.

Next week market reopens probably will have mixed signals due to HK-China tension arising again for other sectors/industries but once again covid is another issue certainly which healthcare related counters still a safe investment.

Yes not trying to belittle BCM’s peers but who would not prefer a positive net balance statement of any business

https://www.facebook.com/266790296879/posts/10158453401871880/?d=n

Not so fast for the vaccine

It’s already holiday and the stock market also behaving accordingly so relax and take a break for the long coming holiday. Have a great one

https://www.theedgemarkets.com/article/covid19-asia-counts-economic-toll-brazils-record-deaths

At this moment BCM has more queuing to buy, looks pretty good but do expect today will be just a slow day as this happens to the market every year every time.

“Simple math, common sense and emotional stability is all you need” - Warren buffet

Be patient, this counter is already one step ahead it’s peers having a positive earning performance all the while when others are not and with the upcoming QR, they will be few steps even further ahead their peers which haven’t been doing well the past.

https://www.theedgemarkets.com/article/global-coronavirus-cases-surpass-5-million-infections-rising-s-america

BCM needs more exposure to the market and to let everyone knows their progress and direction through more media outlets when indeed they are really outperforming its peers at the same time relatively lower price in comparison.

Vaccine is still far ahead to expect. Moderna shares price dropped after vaccine report being questioned

"This improvement in sentiment, however, is expected to be relatively short-lived ... economic output will grow compared to the current quarter but will be well below the levels expected at the beginning of the year," Varga added.

Global demand recovery is expected to be slow as some restrictions remain, and there is a significant risk of repeat outbreaks and lockdowns.

https://www.theedgemarkets.com/article/oil-steady-signs-output-cuts-demand-concerns-weigh

Asking back to yourself, how confident are we now to win over the virus and until today everyone still taking strong precautions because deep in within we know the battle is still long way to go. Our responsibility is staying safe and, health care companies help in breaking the chain and prevent outbreak infections.