Tomorrow huat huat up! Opening at more than 3.20 hopefully, to be equal to limit up today.

Harta TP is $21 this week? And after qtr report next week, what is the new TP?

Click at it again. My first try was an empty page. Second try worked. There was an approval issued today for AMG gloves. But it doesn’t mention Hartalega though. Is AMG patented by Hartalega?

Posted by air01557 > Jul 27, 2020 9:57 PM | Report Abuse

@air01557 please read the quarterly report again and again. Pay attention to note 9 page 20 and page 21. Look at P/L on page 1 and see the profit from the JV vs profit from Careplus Group Berhad.

Read note 3 on page 13, 886K profit from 15th may to 30th june

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Yes, that's the profit attributed from 50% of Careplus M after deconsolidation for that period.

Within Careplus Group Berhad, there are other companies too such as CareGlove, MasterClean and RubberCare. Careplus M is just one of them.

Short term TP is $5-$6 with PE 35.

By end of year TP is $9-$11.

Next year TP > $13 with PE 20 but higher ASP and 8.8 billions production capacity.

@air01557 please read the quarterly report again and again. Pay attention to note 9 page 20 and page 21. Look at P/L on page 1 and see the profit from the JV vs profit from Careplus Group Berhad.

Hopefully tomorrow opening price gaps up at 3.19 or more ...

Limit up please today! Go go Careplus!

Hold tight tight! Remember Careplus QoQ 3,073.71% / YoY 1,946.61%!

Huat huat up! Fly CarePlus!

Careplus production capacity will increase from 4.1 billion gloves in 2020 to 8.8 billion gloves in 2021.

That is more than 100% increase over 1 year period!

Rubberex production capacity is 3billion gloves and Comfort production capacity is 5.4billion gloves.

So much positive prospect for Careplus!

Based on latest results, PE25 $4.10, PE30 $4.92 and PE35 $5.74!

Compares with Rubberex with $9.2M profit in its 1Q 2020, its price today at $3.92!

Careplus profit in 2Q 2020 is at $21M ($36M if includes the one off equity sales to Ansell)!! 2x or 4x of Rubberex!

Careplus will definitely go up towards $4 or even $5!

Trade with care! Trade with CarePlus!

Go go Careplus! Today will limit up. Tomorrow will gap up!

Hold tight tight! Remember Careplus QoQ 3,073.71% / YoY 1,946.61%!

Hold tight tight! Remember Careplus QoQ 3,073.71% / YoY 1,946.61%!

Ansell has hundreds of glove patents!

Check this out: https://www.ansell.com/ja/en/why-ansell/patents

Even world largest glovemaker has much less patents!

Patents will last for 20 years and prevent anyone in the world to produce the same design and material.

Careplus could be producing some of those glove patents.

Careplus management deserves big round of applause.

They had embarked into capacity expansion much earlier, they had partnered with Ansell, they had lowered their production cost and they also had bought hotel/shophouses for workers accommodation in preparation of the expansion in 2021.

Partnership with Ansell will give them more exposure to the global market, Ansell's best practices, Ansell's marketing strategies, production cost optimisation and raw material procurement efficiency!

They think many steps ahead!

Hold tight tight! Remember Careplus QoQ 3,073.71% / YoY 1,946.61%!

Careplus 2Q Report 2020:

- Revenue increase of RM51.5 million during the quarter ended 30 June 2020, an increase of 30% against the revenue in the corresponding quarter last year

- The Group's PBT has increased significantly by 3,061% which were due to better capacity utilization, higher selling price, efficiency

- By end of this year, ten (10) new production lines will be installed and commissioned!!!

Huat huat up!

Based on latest results, PE25 $4.10, PE30 $4.92 and PE35 $5.74!

Trade with care! Trade with CarePlus!

Aiyoo small ikan bilis company also got margin haircut meh? If margin haircut, finish lor price will go down not up.

Yes next week Supermax flies up up and away! 24 is very good number, really don’t mind if Supermax misses its target and hits 26 instead ... kikiki

Aiyoo what happened to your Bio something something company? Is it doing good? You just invested 1million today .. told you to let go that cap ayam company. Better invest 1million in Careplus.

Okay lorr even considering the one off gain from the sales of equity to Ansell, the EPS is still quite good and there are more upside! Limit up on Monday!!! Kikiki

@OTB sifu oh come on. Please give Careplus a break. The company has done lots of right things to reach at this level. From a loss making to barely survive at 1M and now 36M ... :-)

@pang72 this what I was talking about stock with good fundamentals.. the profit can support the price to go up .. not like the other one D****** pure gamble ;-)

Lets push Careplus to limit up this Monday guys!!!

Hmmm at 6.7 sen EPS, x 4 quarters x PE 20 = ???? You calculate yourself lor haar

Congratulations to all Careplus holders! You all deserve it! Happy happy happy and enjoy the weekend guys!!!

Wowowowowo! Good news for all of us! If Careplus can do at that level from 1M last quarter to 36M QoQ, imagine Supermax!!!

Aiyo Doc are you a doctor or not. Last quarter meh not coming quarter lor. If you do operation you will make so many mistakes people can die lorrr

Down down down. Below 25 today?

Yes! Another revenue stream for TopGlove by selling TopMask! Yes! More money and more profit!

Posted by smallkid91 > Jul 24, 2020 2:53 PM | Report Abuse

@dhnn81 Sure no bombings la. Not terrorist. Im going to bet on deescalation.

Maybe gloves ASP increase due to war ◉‿◉

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Yeah lor. Who wants a war. It is a lose lose situation. Hopefully everything is back to normal sooner than we thought ... aiyoo chatting here too long didn't notice price drops lor .. aiyooo.

Posted by Pudu's Ah Fah ( Vegetable Seller) > Jul 24, 2020 2:34 PM | Report Abuse

if the mad kimmy's sister fire rocket war head at south korea, I believe got chance happen la. US war with China....neyu, US no limpa to go against Communist

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Yeah that mad kimmy sister is a wild card and a new character that we know little about. She is very mysterious and could accidentally push a warhead button ..kikiki!

If a war happens, 100% sure I am cashing all my portfolio! I am not going to play a waiting game .. kikiki!

May be ... just wait and see. Pray that these two giants would just settle their differences. But watch out where Mr. Pompeo goes ... he is gathering US allies ....

So big amount at 25.64 ...wow!

Create a new private chat group? that would be a big mistake. you need to be at ground zero to know what is really going on, not in your fully air-conditioned office with a nice desk etc. You will be off the grid and end up not knowing a lot of things. Besides, your conviction if it is solid, it should stand through all these daily nuisances.

Aiyaa Careplus declared improved profits and dividend, price did not go up. Press release buying shop houses for their workers, price shoots to the moon ... aiyaaa!

Go! Go! Go my Supermax! Today is Friyay! and it is your day!

Yeah lor, why all red? Is it profit taking or correction or just some thick face guys only queue for cheap price ... hmmmm

Yeah! TopGlove is now the second biggest market cap in KLSE! Go TopGlove! Go! Go! Go!

Aiyoo Aramco, take out lah Uncle KYY name from the list lorr. Just forgive him lah. It is his choice to leave Supermax and everybody has their own right to stay or to leave. Afterall Uncle leaving only caused the price to drop from $19 to $17 only lorr. He had been with us since the price at what $3?? to $19 lor and in some way or the other had also helped us to make some money lorr ..

@yttihs how do you know 1-2 buyers at every price? Wherr can I find that information?

Aiyo aiyo! Uncle KYY said NO to Pharma so he definitely will not come in lorr haar. Waiting for what? Pack your bags and run lor. He always gives good advice but the advice also comes a bit bitter lorr haar. Good luck guys!

Come on Topglove! Let’s fly to the sky today!

@pang72, 13M profit is already very good. For the price to go up and up and up and up, we need more information about the future profit.

How much higher than 13M profit they can do with this new contract.
We are only able to calculate this if we have information of the standard service fee, how many doses they will package and distribute and what is their profit margin, etc etc.

If we have this information, more people will understand the number behind the share price and more confident to invest .... just saying.

If anybody has these information, please feel free to share it.

Posted by INVEST_AA > Jul 22, 2020 10:22 PM | Report Abuse

@dhnn81 also gloves side investors... haha

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Yes I am and still am ;) There is nothing wrong with diversifying my portfolio. Clearly, I have to do some due diligence if I want to go in. Because if I lose money, I will take 100% blame for it. I was this close to execute purchase order today after lunch time .. kikiki! But I decided to wait until tomorrow.

Trade with caution! I have to agree that there is lack of fundamentals on this stock price. If anyone has any information about the margin of distribution/logistics of medicines by DPharma, some gurus could do some calculation.

Back in gloves counters, I remember there were so many sifus with so many credible information on the costs and profit margins. Although it might not be 100% accurate, at least we could get some feel about where the share price will land.

EPF and two guys from Senior Management of DPharma have disposed their shares. This is not a good sign frankly. Wish it didn't happen but what to do ...