just hold, I'm holding now with avg price of 3.70 since 5.40, the Company is expanding. Market is demanding. Prospect is enlighting. and we will be prospering.

seejovin, capped at RM1.490 as 30 cents and/or 30% rules, wont reach 1.50 today

https://www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

sting79, depends on your counters, if some really has the potential, why not give a wait, by annual term your investment return will be still bombastic as for sure you bought the shares with reasons and fundamental. But if the shares has reach to your personal cutting point, I guess you could go in few into this counter.

The market with so many buys surely had something we public dont know. Either is pure goreng or fundamental establishment, buy few of it is worth holding.

I would suggest you to do your homework on buying anyshares. If not, I would suggest you to go to those blue chips stocks with premium discounts right now and just wait them to rebound in 1-2 years time. Annually the return is still by 10-20% with dividend guarantee.

Datuk SBB lai liao

really jokers for those said will sailang if drop till xx, but when it really came, all say run.

TonalDrump Mah Sing and those none-glove making companies besides taking the opportunity on profit earning in short term, they also forseen the circumstances of new outbreak in the future that would disrupt their main business like currently does. Therefore why not start now but cry later?

The question is, how long and how well they could sustain in their glove business.

despite the vaccine, Travelling still prohibited, tourism downside market will be in place till 2021. How many still sustaining and willing to take on tourism back in busienss in near future? clearly today is goreng by operator. The price of the shares surely worth 70+ cent post during recovery, but not now.

If no holding powers, dont bother to chase high today.

Will look into this counter when it returns to fair price.

typical Malaysian investors. It will down to the gap again for those vaccine counters, is not like they've secured the vaccine for Malaysia nor produce it. Glove is still strong. further average down

dk what people wan...3 months ago it was RM17, 4 months ago it was RM13, 5 months ago it worth RM7. Apa lagi need to prove this counter is totally fine.

You guys mabuk for shouting sell la. dumb dumb hold till next year saja

50 cents, I wonder who is supporting the price.

I've been average down my holding price since July @RM5.20, currently turning green but I am still going to hold it until next year. I expect more and believe K+ is capable to provide more to me.

Bear in mind, K+ has not issued any dividends/bonus issue. This may indicate they have further plans to expand their current capacity and business. Even post COVID, I believe Careplus will move into Main Board with more than RM1.50 fair value (after bonus issue in futures) in 2 years later with their expanded business and cash reserves earned during this COVID timing.

Hoping that Special Dividends coming as well.

actually what to dissapoint about, too much expectation, is doing fine, the profit was dragged by high tax rate. this year they paid marginally higher of 12% increase tax rate.

just wait patiently

buy or sell not a issue la. those whom are arguing here are those bought high and thought they are caught by trap. Just think about why you bought in the first place, if its by fundamental, just wait and see. If you are a trader, ignore me.

Everyday gambling for 2-5% gain for possible drop of more than your gain in this volatile market. Not everyone has the capital and risk taking measure to do so. If really listened to him, bare your own risk.

Conman will ask you go for contra and margin, just stick with cash and go for TP within a year. The term is "INVESTING" not "GAMBLING".

@Godwhichknowseveryth I guessed TeamRocket is correct, he ask to sell on morning and buy back evening and repeat again everyday. Imagine earning 2-5% everyday it’s more than FD for a whole year

Traders need to have enough capital, so calculate yourself. Investor just sit still and watch politic drama and topup later.

Not sure why people panic. Look at their financial performance, just by Share of Profit from Ansell in this quarter, they have gained 4.3 million out from their investment at 50mil that is kept as asset. They have an increased FD with Banks of 29million compared to last year and with a retained profit of 60mil. I dont see any problem to this company at all.

The PAT this quarter is actually better than last quarter, even though it was shown: -

Current Quarter: 42.8 million
Last Quarter: 36.2 million
Difference: +18.23 %

But you have to take out the one off gain in last period which is 15.4 million.

So you shall view the increase of PAT in this quarter as: -

Current Quarter:42.8 million
Last Quarter: 36.2 million - 15.4 million = 20.8 million
Difference: +105.7%

Which is actually bombastic.

When the Company is making loss, people call : BUY BUY BUY, HOOT 9E, ALL IN, but when the Company is steadily growing people call to sell. HAIYAAAA I dont know what is wrong with peoples.

wow 10% yield of dividend

Bought on 23 July @4.5, now still got 10%... will they be announcing dividend? not really comfort holding it for long term in view the politic involvement in this co. Kindly share your thoughts.

DUFU is not those monthly performing counter, but in annual terms, it did very well. People nowadays get to be told investing is easy money in easy money out, but instead they forgot, invest in shares need times, and times enable the Company to show you what they could do and reflect to their share price. just be patient guys, Technology is booming, is just another 2-3 years wait.

is just another set of market sentiment up and down, since the glove rally it happened for a few times already. Be cool guys, those who are holding just keep it, if really can't stand the pressure, just pay the tuition fee and get out. Others, just wait for the right price to get in.

Point is, the Company's performance is not affected by all those factors spoken in this forum. Is just a time matter for them to be in tact between pricing and performance.

Be wise guys.

largest shareholder - Deputy Chairman, the Founder sold his shares, what thought?

this is just a huge correction, bare on it, cut loss if you feel uncomfortable with your position now, if not buy more to average. For new comers, set your own buying price and do own judgement to decide buying or not.

no one in this forum can help you with your own comfort zone being undetermined.

lol TeamRocket still in here?

people in this counter has low holding power, seek for long term.. tech will be good.

the reserve and the orders in the next 2 years has made the company off from penny stocks in future, surely it would be sustainable by acquiring more land/busineses later on for Careplus. buy later when it is lower. I'm still having holding cost at RM4.x, waiting for all those naysayers to cause lower price and pump in later.

waiting for lower price and to sell at higher price now

no need to day day watch it up or down la... just dumb dumb hold till next year

Technologies stock like DUFU, Greatech, Penta and Frontken are good hedging folio compared to other counters as you could see the fluctuation is not really much and yet if its up, it would be a significant one

in this forum has been flooded with newbies and contra players nowadays, where they get confused on the concept "investment".

Please refer to my previous comment : -

Overprice for Glove Companies?
Yes

Is the Price worth for holding?
In Near Terms yes, may take profit if reached your own Targer Price (TP) and reenter later.

Should I buy in now?
Yes and No. Buy in because you did your homework, Dont buy because you don't understand.

Can the Company Price go up further?
It was once peak at 5.80, lowest was from 0.25 by March. Who knows what will happen? but you could make reference to Supermx/Topglove during early July where their price retrenched for almost a month before they doubled/tripled their price. Why so? backed by good QR expectations and higher ASP since April.

What happens if the share price fall again?? I'm panicking!
Close your comp and sit back. You did your homework. Trust your instinct. Cutoff if you feel uncomfortable. pay the fees to the market. If you are confident, just add more lot to average down.

My personal two cent thoughts, once all gloves' counters reached a ceiling price, they would announce bonus issue to lower down their share price so to balance the market, and I believe in near future Careplus would announce it too. Not to say its QR would expect a good one from increase in ASP for June, July and August. Where their price are at the highest.

Their Directors would've been brewing somethings with all these lands expansion and we could know from here they already factored in the future prospects and will come out with solution.

My recommendation is. DO YOUR HOMEWORK.

Add on the above:

Level 4 and Level 5 holders, may consider to buy more to average down your cost, if you are uncomfortable, sell it off, learn the lesson and reenter later. We all have our own risk profiles.

Investment don't return in short period of time, it requires knowledge, patient and confidence. When times come, you will get your return eventually. Back before MCO, investors would go crazy for 10% return annually from folios, but now people tend to look for short term fast gain, to follow the "majority" which are the sharks to gain in a day or two. Of course it is a trading method, traders will earn alot in short term with no doubt higher margin, but then, you took the risk, and you should bear it without whining like a baby in forums. You should learn the mistakes and earn more next time.

Back to this counter: -

My personal thought, this is a second line glove maker company. I don't expect it goes further to a tremendous price, but I feel comfortable with the current share price within 2.50 -4.00 as it should be the reasonable pricing for this period. We already foreseen the QR result to increase where the price should worth 3.50 based on median valuation, any price above is kinda bonus to shareholders. Careplus bought few lands for expansion, and is expect to be in place in FYE 2021. This indicate they will be no longer a small company but relatively even larger than some of the Main Market Company, moving to Main Board is just a matter of time.

What I expect for Careplus in future 6 quarters:

- Sustained profits with continuous Cash reserves
- Special Dividend / Two Quarter of Dividend worth about 3-5% annually with the current price.
- Bonus Issue of 1:1 being priced at RM6.00 / 1:2 to secure holdings depending on public spreads
- Moving in to Main Board of Bursa (likely to be in Next Year viewing that not many benefit to join MainBoard rather than continuous expansion as it just an indication of catalyst of positive news to holders)
- Possible diversification to other businesses depending on the market situation.

In my 1 cent view, I do think with the current glove maker's cash reserve for the next few quarters, they could easily joint venture/ acquire their own distribution channel of vaccine with their QA/QC being in place now, yes it might sound ridiculous for my opinion, but yeah, why not dream big? even if its don't, they could easily venture into other businesses to expand their earnings which I think is the biggest gain of these companies during Covid situations because most of them are not even earning a quarter of their current earnings back in the few years back then.

Not buy or sell call, just a sharing of my view. Thanks.

before bonus issued 4.50 (bila bang...)

Overprice for Glove Companies?
Yes

Is the Price worth for holding?
In Near Terms yes, may take profit if reached your own Targer Price (TP) and reenter later.

Should I buy in now?
Yes and No. Buy in because you did your homework, Dont buy because you don't understand.

Can the Company Price go up further?
It was once peak at 5.80, lowest was from 0.25 by March. Who knows what will happen? but you could make reference to Supermx/Topglove during early July where their price retrenched for almost a month before they doubled/tripled their price. Why so? backed by good QR expectations and higher ASP since April.

What happens if the share price fall again?? I'm panicking!
Close your comp and sit back. You did your homework. Trust your instinct. Cutoff if you feel uncomfortable. pay the fees to the market. If you are confident, just add more lot to average down.

My personal two cent thoughts, once all gloves' counters reached a ceiling price, they would announce bonus issue to lower down their share price so to balance the market, and I believe in near future Careplus would announce it too. Not to say its QR would expect a good one from increase in ASP for June, July and August. Where their price are at the highest.

Their Directors would've been brewing somethings with all these lands expansion and we could know from here they already factored in the future prospects and will come out with solution.

My recommendation is. DO YOUR HOMEWORK.

have your own studies and strategy to invest guys.. rumors is just rumors. You buy in by trusting its potential and backed with facts and confident of growth. Dont buy in a day, the second day drop then panic sell la...what for... that is judi... if so better go for penny stocks

keep for long term guys, in time it will prove its performance.

hmm.. why all panic la... just a drop of RM1.x.... it came up from RM0.25 to now RM3.9x... apa lagi mahu.. in times, it will back to what it worth, if you are confident and did your homework, just topup while the price is lower to average your cost.

expected profit taking

wait tomorrow morning to receive bonus shares for the temporary sell down

QR out..

many are newbies... , the shares by right will be given only after 5.00 p.m. today, and subject to your broker's processing..

The Company is brewing some nice coffee

it would be in your account today or tomorrow

Huat ah pak tua..

my TP RM 4.5 by end of the month.. hope can get with the QR being release

This Company falls in a sunset industries where its earning mostly came from distribution of apparel wears in physical shops. With rentals and less physical shopping nowadays, their profit has not been able to show a healthy sign and yet with the debt keep compounding. (Bank Borrowings are still in high level).

In COVID-19 situation, it hits the Company higher than ever. Thanks to the management engaging in PPE, the Company managed to secure some of the cash flow from there, but if you look at its main business, its inventories are covering so high over its assets.

Personally i think the Company has potential and the capabilities to be the Star for tomorrow. But the Company need to change their ways of doing business and try to diversify their business.

Dear Kelvin Soh & Eplas, please refer to https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3065410&corporate_action=1

Entitlement date should be on tomorrow's 5.00pm onwards.

Dear LunaSea, your share will be given extra as 1:1 ratio in few days. your holding does not change.

when does paktua bought this share lol..

JCY buy call is a question mark to me.. what makes you think they could out gain others distributor.

thanks for adding