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

68,700


32 people like this.

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

Michael R.

4,827 posts

Posted by Michael R. > 2021-02-24 22:59 | Report Abuse

spent lots of money to buy that Kamunting.. can retain n cross nett profit or not??

Taipan

1,139 posts

Posted by Taipan > 2021-02-25 07:11 | Report Abuse

https://www.theedgemarkets.com/article/rubberex-posts-highest-quarterl...

Rubberex Corp Bhd posted a fourth quarter ended Dec 31, 2020 net profit of RM59.44 million — 15 times the RM3.88 million it made in the corresponding quarter a year ago — and its highest quarterly net profit on record.

“The improved performance in the current quarter was mainly driven by the increased production output that had come on-stream, consistently strong demand and higher average selling prices of nitrile disposable gloves in the fourth quarter compared with the first nine months of the year.

"Moving forward, the group is expected to be on even stronger position in year 2021 as the order books for 2.5 billion pieces of nitrile disposable gloves have already been fully taken up. This division is also expected to contribute more significantly in terms of revenue and earnings to the group for financial year 2021,” it noted on its prospects.
In a separate statement, managing director Khoo Chin Long said disposable gloves will remain at the forefront of protection, safety and hygiene, notwithstanding vaccine roll-outs globally.
“We are well positioned to capitalize on the persistently robust market demand as our order books for 2.5 billion pieces have been filled up for the year. As such, we expect this division to contribute even more significantly in the coming quarters,” Khoo added.

Sesuke

316 posts

Posted by Sesuke > 2021-02-25 08:25 | Report Abuse

All the way only speding money...shemor and kemunting..
The only money produce by PP etc..

How come qr out should be ok..

Goodprofit

1,022 posts

Posted by Goodprofit > 2021-02-25 08:35 | Report Abuse

At going to 8sen soon

oskchoon

3,186 posts

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

If the AT price keeps on dropping before release of December 2020 QR report, it is not wise to buy yet as chances are insiders have already known the results or unnecessary delay and are secretly selling to the market... Beware... Beware... Beware..

sausagex99

211 posts

Posted by sausagex99 > 2021-02-25 09:18 | Report Abuse

fintec hoot

polycarp

1,991 posts

Posted by polycarp > 2021-02-25 09:20 | Report Abuse

AT System. .. up 2 cents and suddenly
down 2 cents is surely not a convincing
move........

"
"'Goodprofit At going to 8sen soon"'
is a doubtful remark......

sounds like you are taking and
giving away but not to me

oskchoon

3,186 posts

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

Last week me and my retailers friends bought AT at the price of 0.135 to 0.145, yesterday again we bought 0.14 to 0.145, now we are queuing to buy at 0.13 to 0.135 as we know the desperate sellers are disposing their shares before release the QR result or further delay due to auditing concerns.. Be ready to buy by using pyramid average buy down model...

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 09:28 | Report Abuse

tong tong tong tong tong tong geng..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 09:35 | Report Abuse

There are rumours that Fintec group of companies are unable to release December 2020 QR result due to auditing concerns.. Beware.. Beware.. Beware..

polycarp

1,991 posts

Posted by polycarp > 2021-02-25 09:40 | Report Abuse

oskchoon Last week me and my retailers friends bought AT at the price of 0.135 to 0.145, yesterday again we bought 0.14 to 0.145, now we are queuing to buy at 0.13 to 0.135 as we know the desperate sellers are disposing their shares before release the QR result or further delay due to auditing concerns.. Be ready to buy by using pyramid average buy down model...

Xxxxçcçcc

That means taking more and more money
to feed yr lousy habits

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 10:04 | Report Abuse

polycarp, many listed companies already reported their December 2020 QR result except the Fintec Group of companies, now it is the chance to buy lower and lower prices as many investors are loosing patient with AT management empty talks especially so many MOU have been cancelled, why...

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 10:08 | Report Abuse

It is safer to buy cheaper prices than chasing high like last Monday, many genuine retailers buying at 0.16 to 0.165 thinking that AT will provide concrete results but end up only empty talks and another MOU which is liable to be cancelled later on, that's why many people started selling on Tuesday onwards, only you can blame thr6d..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 10:11 | Report Abuse

Since AT Glove factory started production but many bigger glove companies like Supermax, Top Glove and Hartalega, their share prices are more attractive than buying AT shares prices..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 10:17 | Report Abuse

If the AT price keeps on dropping before release of December 2020 QR report, it is not wise to buy yet as chances are insiders have already known the results or unnecessary delay due to auditing concerns and are secretly selling to the market.... Beware... Beware... Beware..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 10:28 | Report Abuse

So Monday buy on good rumours of AT official opening by Minister at the price of 0.16 to 0.165, on Tuesday afternoon, when investors found out the empty talks means so many people sold AT shares and it end up yesterday at 0.14.. It is typically a buy on good rumours and sell on by negative comments..

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 10:53 | Report Abuse

All big 3 glove counters are subject to attacks by Short Sellers today and will continue until Bursa stop RSS, otherwise there is no hope for Glove counters to recover soon, so buy AT by pyramid average buy down model.. perhaps until it reaches RM 0.005..

polycarp

1,991 posts

Posted by polycarp > 2021-02-25 10:56 | Report Abuse

Just get yr ass down to real business
and forget about the good times

polycarp

1,991 posts

Posted by polycarp > 2021-02-25 11:01 | Report Abuse

Just imagine you having to swim in
a sewer to gather gold dust

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 12:16 | Report Abuse

If the AT price keeps on selling at RM 0.14 before release of December 2020 QR report, it is not wise to buy yet as chances are insiders have already known the results or unnecessary delay due to auditing concerns and are secretly selling to the market.... Beware... Beware... Beware..

sonickid

514 posts

Posted by sonickid > 2021-02-25 12:38 | Report Abuse

Oskchoon, good for you. I think your dream to keep average down to 0.05 very high chance. Not far from your millionaire dream. LOL.

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 12:41 | Report Abuse

sonickid, may God bless us and soon we will become millionaire...

MDRIZWAN

70 posts

Posted by MDRIZWAN > 2021-02-25 12:45 | Report Abuse

i,wait for AT become as TOP GLOVE .

duragonn

355 posts

Posted by duragonn > 2021-02-25 14:00 | Report Abuse

How many times this newbie want to repeat same comment xD

Makoijo

374 posts

Posted by Makoijo > 2021-02-25 14:22 | Report Abuse

Ini hari ad umpmpph ka? Ke tarak rasa?

sonickid

514 posts

Posted by sonickid > 2021-02-25 14:40 | Report Abuse

Strattegist, what time is the truck comes today?

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 14:44 | Report Abuse

sonickid... maybe back to usual.. around 4 pm

Sesuke

316 posts

Posted by Sesuke > 2021-02-25 14:59 | Report Abuse

Look at AT...kincing pn sakit wooo

Amazing

407 posts

Posted by Amazing > 2021-02-25 15:10 | Report Abuse

hahaha... everyone so active....

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-02-25 15:11 | Report Abuse

Wow.. 10cts coming

Amazing

407 posts

Posted by Amazing > 2021-02-25 15:11 | Report Abuse

fast fast drop and i want to sapu more .

Amazing

407 posts

Posted by Amazing > 2021-02-25 15:12 | Report Abuse

strattegist : honestly 10 cents can go in or not ?

seng90

161 posts

Posted by seng90 > 2021-02-25 15:32 | Report Abuse

我應該CL,然後在低位0.10等嗎

FutureGains

10,711 posts

Posted by FutureGains > 2021-02-25 15:52 | Report Abuse

AT WILL POST A PROFIT THIS FRIDAY QR
OPEAROTR COST 14C......TP 50C

sonickid

514 posts

Posted by sonickid > 2021-02-25 15:53 | Report Abuse

Lol. Everyday truck also comes and yet people still got hope. I really no clue.

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-25 16:00 | Report Abuse

If the AT price keeps on selling at 0.14 before release of December 2020 QR report, it is not wise to buy yet as chances are insiders have already known the results or unnecessary delay due to auditing concerns and are secretly selling to the market.... Beware... Beware... Beware..

seng90

161 posts

Posted by seng90 > 2021-02-25 16:03 | Report Abuse

135....gg

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 16:07 | Report Abuse

@Amazing... honestly I do not know and I would not know the
best entry price...

sausagex99

211 posts

Posted by sausagex99 > 2021-02-25 16:32 | Report Abuse

last call today!!!!!

asasri

326 posts

Posted by asasri > 2021-02-25 16:36 | Report Abuse

Strategist only know tong tong tong geng

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 16:40 |

Post removed.Why?

Dongibap

42 posts

Posted by Dongibap > 2021-02-25 16:57 | Report Abuse

Last chance to sell at 0.140, tomorrow have to sell higher.

sausagex99

211 posts

Posted by sausagex99 > 2021-02-25 16:57 | Report Abuse

Last chance buddy

Diven Teh

3,892 posts

Posted by Diven Teh > 2021-02-25 17:00 | Report Abuse

Limit Up
Limit Up
Limit Up
Limit Up
Limit Up
Limit Up
Limit Up
Limit Up
Limit Up
Glove here to stay for long long term. Demand always there. Profit confirmed.

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 17:28 | Report Abuse

14 sen... tong tong geng

KK

1,368 posts

Posted by KK > 2021-02-25 17:51 | Report Abuse

Everyvbody wait anxiously for QR release, if QR bad jump water

onionchong

430 posts

Posted by onionchong > 2021-02-25 17:54 | Report Abuse

QR confirm bad because never good before

seng90

161 posts

Posted by seng90 > 2021-02-25 17:57 | Report Abuse

QR not include glove yet betul?

kahsoon888

711 posts

Posted by kahsoon888 > 2021-02-25 17:58 | Report Abuse

I want see QR bad, how low the share price will go

Dongibap

42 posts

Posted by Dongibap > 2021-02-25 18:00 | Report Abuse

Production started Dec 23. Coming QR will not include glove revenues

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