ERDASAN GROUP BERHAD

KLSE (MYR): ERDASAN (0072)

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Last Price

0.145

Today's Change

-0.005 (3.33%)

Day's Change

0.145 - 0.15

Trading Volume

70,500


32 people like this.

47,886 comment(s). Last comment by JJPTR 1 month ago

Sesuke

316 posts

Posted by Sesuke > 2021-02-22 20:56 | Report Abuse

AT Glove Grand Opening (23 Feb) - Q&A (25 Questions to ask if able)

After up 0.015 sen...then will down more then 0.015...

Bearrider

60 posts

Posted by Bearrider > 2021-02-22 21:08 | Report Abuse

tomorrow AT Glove Grand Opening , special big day for opening ceremony.
Fengshu 5 Elements for opening business really important , Goodnews +Positivenews + price round up.
Heng ah , ong ah , huat huat ah!!!!!

anzhsb

383 posts

Posted by anzhsb > 2021-02-22 21:44 | Report Abuse

open tomorrow not today ?
can somebody do live in FB for we all shareholder to watch ?

Man62

195 posts

Posted by Man62 > 2021-02-22 21:58 | Report Abuse

Strategicst if you did not loose your pants here why have to bark here every day like a mae dog. Hahaha

asasri

326 posts

Posted by asasri > 2021-02-22 22:27 | Report Abuse

Strategist tmr AT mahu terbang tinggi tonggeng lah kamu

Teh Diven

4,155 posts

Posted by Teh Diven > 2021-02-22 22:29 | Report Abuse

Congrats to Mr man and the team

Goodprofit

1,022 posts

Posted by Goodprofit > 2021-02-22 22:33 | Report Abuse

Later ask more fund shareholder to consolidated and right issues?

strattegist

23,459 posts

Posted by strattegist > 2021-02-22 22:38 | Report Abuse

kah kah kah... woiii Man62... wa punya suka laaa... why you
so kepoci like mad dog... kui kui kui.. free forum laaa.

strattegist

23,459 posts

Posted by strattegist > 2021-02-22 22:39 |

Post removed.Why?

Semongko

20 posts

Posted by Semongko > 2021-02-22 22:41 | Report Abuse

Makoijo Wkwkwkwwkwkw
AT gve me 72 profit previously hahaha
Dnex give a total 250percent profit combining both mother and son.

Haiyaaaaa jgn terciduk pula, menangis tubek tahi keras
However i pray for u guys atian hopefully cont fly laa
————-
u pray for atian ka Makoijo? suka
mecarut doa makbul ke?

mr_hustla

233 posts

Posted by mr_hustla > 2021-02-22 22:52 | Report Abuse

woww AT jump today. Atians can cut cake. LOL

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-22 23:00 | Report Abuse

Tomorrow will be an auspicious day for AT and big 4 small 4 Glove counters as Bursa announced temporarily suspension of IDSS and PDT short selling until end August, guys get ready for AT and big 3 small 4 Glove counters rally tomorrow morning..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-22 23:02 | Report Abuse

From 0.16 rally up to 0.30 is almost 90 % gain in profit, it is way better than any FD or trust funds.. Good luck..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-22 23:02 | Report Abuse

AT - 去年11月穷12月绝今年就翻身....二月尾包赢大紅包....Hahaha Hahaha Hahaha....

Taipan

1,139 posts

Posted by Taipan > 2021-02-23 07:57 | Report Abuse

In a thematic report dated Feb 18, MIDF Research said sentiment towards the glove sector had changed as the development of Covid-19 vaccines progressed, however, it still maintained its positive stance on the sector as the research house believed the demand growth of gloves would continue after the pandemic.

MIDF also kept its "buy" recommendations on the four companies under its coverage, namely Hartalega with a target price (TP) of RM18.25, Top Glove (TP: RM8.29), Kossan Rubber Industries Bhd (TP: RM7.33) and Supermax (TP: RM13.83).

"Malaysia supplies about 65% of the world's total rubber gloves, which means collectively, Malaysian glove companies have market leader advantages," said MIDF.
The research house said one notable growth driver of rubber glove demand is higher hygiene awareness in the developing nations, while in the developed countries, demand is driven by more stringent medical processes, an ageing population which leads to higher medical needs, as well as consumption in other services sectors.

"The glove consumption is expected to remain high in 2021. We believe that mass testing and random testing will continue until a wide population is vaccinated.
"This is especially so if economies, social activities, and schools are to reopen while remaining safe. For example, in the US, US$50 billion has been allocated to expand testing to buy rapid tests and increase laboratory capacity to support regular testing in schools so that they can safely reopen," it said.

That said, MIDF added that industry players also expect high demand for rubber gloves from the massive roll-out of vaccination programmes.

"On top of that, buyers may need another few months to rebuild their inventory level. According to MARGMA (Malaysian Rubber Glove Manufacturers Association), glove demand is expected to grow by 15% to 20% per annum going forward. Prior to the pandemic, demand for gloves was growing by 8% to 12% per annum," it noted.

Taipan

1,139 posts

Posted by Taipan > 2021-02-23 07:57 | Report Abuse

Israel new cases are still higher +4,955. What happen to their vaccination programme.

Taipan

1,139 posts

Posted by Taipan > 2021-02-23 07:58 | Report Abuse

On 19th Feb 2021 EPF bought 6.5 Mil Top Glove shares.

On 22nd Feb 2021 EPF bought 1.5 Mil Top Glove shares.

Cheap. Fund Managers are buying when you panic sell.

Taipan

1,139 posts

Posted by Taipan > 2021-02-23 07:58 | Report Abuse

Vaccination and testing to drive glove demand, price

Wednesday, 17 Feb 2021

HLIB said that while many countries are ramping up their vaccination programmes, current estimates indicate that global herd immunity could take as long as five years and this would provide support for glove demand in the medium term.

“Despite Centers for Disease Control and Prevention’s (CDC) guidelines stating that gloves are not required to be worn for vaccinations, our channel checks suggest that in most cases, gloves are in fact being used.

“For example, in the case of the United States, which is estimated to account for 35% of the world’s glove demand, the ‘National Strategy for the Covid-19 response and pandemic preparedness’ document published by the White House on January 2021 mentioned that the US is taking immediate action to fill supply shortfalls for vaccination supplies, which include nitrile gloves, ” HLIB said.

It said based on its observation from pictures and videos of US citizens receiving the vaccine, gloves were worn by nurses and doctors administering the vaccine.

“As such, while vaccinations are expected to eventually prevent the spread of Covid-19 (and hence lower the usage of gloves for testing), in the medium term, it would in fact increase demand for gloves, ” it added.

Taipan

1,139 posts

Posted by Taipan > 2021-02-23 08:27 | Report Abuse

https://www.globenewswire.com/news-release/2021/01/28/2165698/0/en/Out...


Dublin, Jan. 28, 2021 (GLOBE NEWSWIRE) -- The "Examination Glove Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

The global examination glove market is expected to grow at a compound annual growth rate of 10.51% over the forecast period to reach a market size of US$10,887.626 million in 2026 from US$5,975.957 million in 2020. Examination gloves are disposable gloves designed to aid medical practitioners by providing them protection from cross-contamination from patients. The demand for examination gloves will increase owing to the rising demand for healthcare services worldwide.

Moreover, the demand for examination gloves will also snowball due to the growing adoption of hygienic and cleaner medical practices. However, the environmental concerns caused by the use of synthetic material and health concerns by the use of powdered gloves will restrain the market growth during the forecasted period. The North American and European regions will have a significant share in the market due to high investment in the medical and healthcare field. The Asia Pacific market will also see ample growth opportunities on account of rising investment in the healthcare segment and an increasing number of medical cases in the region.

Increasing Healthcare Budget To drive the Market Growth

Healthcare has become one of the imperative sectors, both in terms of employment and revenue. Healthcare comprises medical devices, medical equipment, hospitals, clinics, and others. With the increasing population, worldwide, it has become imperative to spend substantial capital on healthcare, globally. According to the United Nations, the global population is expected to surge by at least 2 billion people, in the next 30 years. The population would rose from 7.7 billion in the year 2019 to 9.7 billion, in the year 2050. These trends show the importance of healthcare spending. The United States health care spending surged by 4.6% in the year 2019, to reach approx. USD 3.8 trillion, or around USD 11,582 per person.

The overall share of GDP related to healthcare budget or spending was around 17.7% in the year 2019. According to the United States National Healthcare Expenditure, retail spending for medical products such as surgical gloves and dressings, surged by 5.6% to around USD 82.1 Billion in the year 2019, compared to an approximate rate of 3.8% in the year 2018. The growth in healthcare spending in the country continued to surge in the year 2020, because of the COVID-19 Pandemic. In India, the healthcare sector is growing due to increasing expenditure by private and public players. According to the Indian Brand Equity Foundation, a trust established by the Indian Ministry of Commerce, the Indian Healthcare Market has been growing at an 18% CAGR rate. The overall government spending on Healthcare increased from 1.3% of the GDP in the year 2016 to 1.6% in the year 2020. According to the data released by the Department for Promotion of Industry and Trade, Diagnostic Centers and Hospitals attracted Foreign Direct Investment of USD 6.72 Billion, between the year 2000 and 2020.

These developments had a positive effect on the examination gloves market, as surgical and examination gloves are an imperative part of the medical equipment market. The Government of India aims to surge healthcare spending to 3% of the GDP, by the year 2022. In Europe, healthcare spending continues to surge at an exponential rate. According to Eurostat, on average in the European Union, healthcare spending had been around 9.9% of overall GDP in the year 2018. Among the European Union Member States, the biggest healthcare spending was recorded in Germany, which spends around 11.5% of the GDP, followed by France (11.3%), and Sweden, which was at 10.9%. In comparison to the population size, healthcare expenditure was maximum among the European Union member states in Denmark, Luxembourg, and Sweden.

Taipan

1,139 posts

Posted by Taipan > 2021-02-23 08:27 | Report Abuse

Bursa has already extended the suspension on IDSS and PDT Short Sale. This is indeed good news.

Hopefully Bursa also suspends RSS and IBs that manipulate share price.

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-23 08:37 | Report Abuse

AT - 去年11月穷12月绝今年就翻身....二月尾包赢大紅包....Hahaha Hahaha Hahaha

Posted by JohanPertama > 2021-02-23 09:05 | Report Abuse

if shooting up today, it will be around 10am-12pm today after speeches and q&a session.

Posted by bigboomstick > 2021-02-23 09:05 | Report Abuse

Lets go AT! Rm1.00 is cominggg

izoklse

5,272 posts

Posted by izoklse > 2021-02-23 09:16 | Report Abuse

Govrt want local glove supplier to provide additional glove to hospital in Malaysia during vaccination process. World glove supply pun tak cukup ini govrt mintak increase local supply. apa da.

Posted by buffetsystem > 2021-02-23 09:18 | Report Abuse

1.00 on the way!

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-23 09:20 | Report Abuse

The brainless sellers have stop selling after dumping down to 0.135, may be they hope to buy back at extremely cheap price of RM 0.005 but it seems that their dream has vanish after AT management announced today officially open by Perak MB.. What a shame they can't keep their promise to sell at any cost..

Hootkao00

23 posts

Posted by Hootkao00 > 2021-02-23 09:25 | Report Abuse

Menteri coming for AT grand opening!! Rm1.

Hootkao00

23 posts

Posted by Hootkao00 > 2021-02-23 09:37 | Report Abuse

Media & Invites Guests arrival!

Posted by spielmacher > 2021-02-23 09:38 | Report Abuse

grand opening news today, great QR tomorrow. TP 25 this week.

sonickid

514 posts

Posted by sonickid > 2021-02-23 09:39 | Report Abuse

last chance to run. QR on Friday..2 cents down

Makoijo

374 posts

Posted by Makoijo > 2021-02-23 09:44 | Report Abuse

Bila masa ak.mencarut? Haha
Xpe xpe ak buy AT 5 lot untuk support wkwkkw

strattegist

23,459 posts

Posted by strattegist > 2021-02-23 09:45 | Report Abuse

tonggeng laaa tonggeng

Makoijo

374 posts

Posted by Makoijo > 2021-02-23 09:47 | Report Abuse

0.155 ke 0.145 nk beli hahaha

strattegist

23,459 posts

Posted by strattegist > 2021-02-23 09:55 |

Post removed.Why?

Makoijo

374 posts

Posted by Makoijo > 2021-02-23 10:03 | Report Abuse

Ah ak que 0.14 laa 300hinggit

izoklse

5,272 posts

Posted by izoklse > 2021-02-23 10:08 | Report Abuse

Watch the live event now.

izoklse

5,272 posts

Posted by izoklse > 2021-02-23 10:28 | Report Abuse

AT management should tell the Minister that if govrt expect additional increase in Glove supply by Glove company during vaccination process in Malaysia, Govrt kena bagi some sort of assistance jugak pada glove company to grow and successfully met govrt demand. World demand pun tak cukup tau. Aiyo apa la Govrt.

Apple888

730 posts

Posted by Apple888 > 2021-02-23 10:34 | Report Abuse

Mana ade live... Tak blh tonton.. Haha

Posted by sinkalan2015 > 2021-02-23 10:35 | Report Abuse

so many skeptics here. Factory is ready for all the ministers to see with their eyes. Those that still in doubt please leave.

Goodprofit

1,022 posts

Posted by Goodprofit > 2021-02-23 10:35 | Report Abuse

TP 3.50 insider tips

cbkia4896

936 posts

Posted by cbkia4896 > 2021-02-23 10:37 | Report Abuse

dead cat bounce habis ah

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2021-02-23 10:40 | Report Abuse

MINISTERS SEE SEE ANGPAO BAGI. BERAPA ANGPAO BOSS BAYAR???

strattegist

23,459 posts

Posted by strattegist > 2021-02-23 10:54 |

Post removed.Why?

Goodprofit

1,022 posts

Posted by Goodprofit > 2021-02-23 10:55 | Report Abuse

Share pun drop lio

asasri

326 posts

Posted by asasri > 2021-02-23 10:58 | Report Abuse

Wow wow tmr up

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-23 10:59 | Report Abuse

AT is the first among Fintec group to produce Nitrile Gloves and updated to be Bursa big 4 small 5 Glove counters..

Reap88

681 posts

Posted by Reap88 > 2021-02-23 11:04 | Report Abuse

Looks like those who did not cut loss yesterday may have to wait many more months for another opportunity. Good luck to those who buy in again

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