https://www.theedgemarkets.com/article/kossan-supermax-be-added-msci-global-standard-indexes-constituents-ijm-corp-dropped

https://www.sinchew.com.my/content/content_2324075.htm

https://www.sinchew.com.my/content/content_2324075.htm

https://klse.i3investor.com/blogs/supermax_analystbriefing/2020-08-11-story-h1511646046-_9_August_UPDATED_Analyst_Briefing_Report_Turning_Glove_from_GOLD_to_DI.jsp

https://klse.i3investor.com/blogs/supermax_analystbriefing/2020-08-11-story-h1511646046-_9_August_UPDATED_Analyst_Briefing_Report_Turning_Glove_from_GOLD_to_DI.jsp

https://www.theguardian.com/world/2020/aug/12/a-poor-vaccine-is-worse-than-no-vaccine-the-challenges-faced-by-scientists

https://www.theedgemarkets.com/article/eyepopping-rally-asian-glovemaker-stocks-will-continue-citi-says

https://www.theedgemarkets.com/article/eyepopping-rally-asian-glovemaker-stocks-will-continue-citi-says

https://www.theedgemarkets.com/article/eyepopping-rally-asian-glovemaker-stocks-will-continue-citi-says

https://www.theedgemarkets.com/article/eyepopping-rally-asian-glovemaker-stocks-will-continue-citi-says

https://www.dailymail.co.uk/news/article-8618707/Vladimir-Putins-coronavirus-vaccine-approved-tests-38-people.html?ito=facebook_share_fbia-top&fbclid=IwAR2qRGu6GbpSc6BbWUx_3VlAZt-4r5b_tn50DXBlfWsKQDvv_MlsXmYFL

https://klse.i3investor.com/blogs/koonyewyinblog/2020-08-11-story-h1511649864-When_will_Covid_19_vaccine_be_effective_Koon_Yew_Yin.jsp

https://www.news.com.au/world/coronavirus/global/coronavirus-vaccine-us-raises-doubts-over-russias-sputnik-v/news-story/401781ef456e7ebc49796fda3b18507d

Drop almost 50% from peak price , good bargain to snatch now

Retailers always lose money due to fear factor

Almost limit down today and rebounced strongly , whether you like it or not this is how IB make money by pushing down the price at extreme end and accumulate for next push up

https://malaysiastock.biz/Company-Announcement.aspx?id=1249974

日本医学界发出警告指病毒已变种将会以更快和隐形的速度传播,疫苗很可能无效!

The Careplus group of companies is involved in the manufacturing, processing
and trading of gloves. Careplus manufactures OEM and OBM latex examination
glove, nitrile and vinyl gloves, surgical gloves as well as cleanroom gloves.

Supermax is like Apple phone in Brazil .
High end . Not everyone can afford .
Currently maxed out booking till next year .

Careplus is like Samsung .
Still can accomodate medium and lower end customers ( Nitrile gloves for smaller hospitals , hospices , cheaper Latex gloves for Large retail chains/convenience stores/domestic use .
Not maxed out yet as we have re started two dormant lines last month .

Supermax have started face shields ( very Good profit margin , USD 2-3 minimum per piece )

Careplus are starting to ramp up disposable gowns ( USD 1.50-2 minimum per piece )

The Careplus group of companies is involved in the manufacturing, processing
and trading of gloves. Careplus manufactures OEM and OBM latex examination
glove, nitrile and vinyl gloves, surgical gloves as well as cleanroom gloves.

Supermax is like Apple phone in Brazil .
High end . Not everyone can afford .
Currently maxed out booking till next year .

Careplus is like Samsung .
Still can accomodate medium and lower end customers ( Nitrile gloves for smaller hospitals , hospices , cheaper Latex gloves for Large retail chains/convenience stores/domestic use .
Not maxed out yet as we have re started two dormant lines last month .

Supermax have started face shields ( very Good profit margin , USD 2-3 minimum per piece )

Careplus are starting to ramp up disposable gowns ( USD 1.50-2 minimum per piece )

The Careplus group of companies is involved in the manufacturing, processing
and trading of gloves. Careplus manufactures OEM and OBM latex examination
glove, nitrile and vinyl gloves, surgical gloves as well as cleanroom gloves.

Supermax is like Apple phone in Brazil .
High end . Not everyone can afford .
Currently maxed out booking till next year .

Careplus is like Samsung .
Still can accomodate medium and lower end customers ( Nitrile gloves for smaller hospitals , hospices , cheaper Latex gloves for Large retail chains/convenience stores/domestic use .
Not maxed out yet as we have re started two dormant lines last month .

Supermax have started face shields ( very Good profit margin , USD 2-3 minimum per piece )

Careplus are starting to ramp up disposable gowns ( USD 1.50-2 minimum per piece )

The Careplus group of companies is involved in the manufacturing, processing
and trading of gloves. Careplus manufactures OEM and OBM latex examination
glove, nitrile and vinyl gloves, surgical gloves as well as cleanroom gloves.

Supermax is like Apple phone in Brazil .
High end . Not everyone can afford .
Currently maxed out booking till next year .

Careplus is like Samsung .
Still can accomodate medium and lower end customers ( Nitrile gloves for smaller hospitals , hospices , cheaper Latex gloves for Large retail chains/convenience stores/domestic use .
Not maxed out yet as we have re started two dormant lines last month .

Supermax have started face shields ( very Good profit margin , USD 2-3 minimum per piece )

Careplus are starting to ramp up disposable gowns ( USD 1.50-2 minimum per piece )

Careplus is in the green as all other glove counters drop as Careplus is grossly undervalue

Candle stick long tail showing buying power come back strongly. Next TP 10 or 12?

Monitor break out of nice lucky number 4.68 level for a new bull run cycle

CAREPLS: ZIG-ZAG A-B-C (5-3-5) CORRECTION IN MAKING!!

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!

Powerful rocket up

@ Katherine Supermax good result?

https://www.npr.org/2020/08/09/900490301/covid-19-may-never-go-away-with-or-without-a-vaccine

https://www.npr.org/2020/08/09/900490301/covid-19-may-never-go-away-with-or-without-a-vaccine

https://www.enanyang.my/%E5%85%A8%E7%90%83%E5%A4%A7%E6%8A%97%E7%96%AB/%E7%BE%8E%E5%9B%BD%E6%AF%8F66%E4%BA%BA1%E6%9F%93%E7%96%AB-%E5%85%A8%E7%90%83%E5%86%A0%E7%97%85%E7%A1%AE%E8%AF%8A%E8%BF%912000%E4%B8%87%E4%BE%8B

With the 2nd wave of the outbreak the demand of glove will increase sharply , the glove company profitability will once again raise up as ASP will be increase. The increase in ASP will be the net profit for the company since no cost is incur. What other business can grow sharply in this pandemic period? Obviously glove industry is the one enjoying great potential so long the pandemic is not under control..

It will be exciting for a strong rebound if Supermax announced a set of good quarterly result , hope that the price can rebound more than 5 which initiate another round of bull cycle

The chances of rebound upward and turn bullish will be good based on Director off market deal @ 5.20 , acquisition of factory building and Anseel appointed as glove supplier in New Zealand which is a good start and going to spread in Europe and USA market.
Careplus does not have labour issue like TopGlobe therefore good chances of entering these market territory.Please add in other positive factors being leftout to this forum so that Careplus investor will be well inform.

CAREPLS: ZIG-ZAG A-B-C (5-3-5) CORRECTION IN MAKING!!

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!

Think logically

How to cash out careplus and buy Supermax ?

Careplus is Rm4.30
With production doubling from
4 billions to 8.8 billions by end 2020

So can we expect Careplus to at least double to Rm8.60?

Now Supermax about Rm22.00
If double it will be Rm44.00

Careplus being smaller is more agile and nimble while Supermax would have grown to be super sized like an elephant

Think a cheetah better in running or an elephant ?

I have both Supermax and Careplus and on Monday I will still prefer to buy more Careplus anytime at Rm4.30 then chase Supermax over Rm22

Again I am not here to tell you to buy or sell careplus

This is only to throw some light in view of what we can see overall

CAREPLS: ZIG-ZAG A-B-C (5-3-5) CORRECTION IN MAKING!!

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!

CAREPLS: ZIG-ZAG A-B-C (5-3-5) CORRECTION IN MAKING!!

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!

CAREPLS: ZIG-ZAG A-B-C (5-3-5) CORRECTION IN MAKING!!

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!

Think logically

How to cash out careplus and buy Supermax ?

Careplus is Rm4.30
With production doubling from
4 billions to 8.8 billions by end 2020

So can we expect Careplus to at least double to Rm8.60?

Now Supermax about Rm22.00
If double it will be Rm44.00

Careplus being smaller is more agile and nimble while Supermax would have grown to be super sized like an elephant

Think a cheetah better in running or an elephant ?

I have both Supermax and Careplus and on Monday I will still prefer to buy more Careplus anytime at Rm4.30 then chase Supermax over Rm22

Again I am not here to tell you to buy or sell careplus

This is only to throw some light in view of what we can see overall

Think logically

How to cash out careplus and buy Supermax ?

Careplus is Rm4.30
With production doubling from
4 billions to 8.8 billions by end 2020

So can we expect Careplus to at least double to Rm8.60?

Now Supermax about Rm22.00
If double it will be Rm44.00

Careplus being smaller is more agile and nimble while Supermax would have grown to be super sized like an elephant

Think a cheetah better in running or an elephant ?

I have both Supermax and Careplus and on Monday I will still prefer to buy more Careplus anytime at Rm4.30 then chase Supermax over Rm22

Again I am not here to tell you to buy or sell careplus

This is only to throw some light in view of what we can see overall

For those investors fear that vaccine will affect the glove price, please read & digest the above link article then u can sleep well

https://klse.i3investor.com/blogs/glovesvsvaccine/2020-08-05-story-h1511496008-Potential_Impact_of_Vaccine_Approvals_on_Glove_Stocks.jsp

HLT export alot to Taiwan and Careplus alot to Brazil and currently applying FDA approval. So with limited capital will bang into Careplus

Good one, add more Careplus on promising growth expansion theme.

This is why boss Mr Lim buy at 5.20 with one eye close

U won't be surprise one fine day Careplus price will overtake comfort with the increased in production output

Compare to HLT and Careplus, I am more optimistic on Careplus as production volume will be increase to 8.8 billion eventually

Agreed with MasterYoda as Careplus just acquired a land comprising 2 factory lot to house 15 production lines to cater for a double output production . Additionally Director off market deal at 5.20 per share clearly spell out his opinion on the value of company.

https://klse.i3investor.com/blogs/glovesvsvaccine/2020-08-05-story-h1511496008-Potential_Impact_of_Vaccine_Approvals_on_Glove_Stocks.jsp