If the big bro dont move, this younger bro also cant move even if deliver good results. Both Top Glove and Supermax also delivered superb results but were down for the past 2 months.
I was stucked at rm1.20 coz that's my average cost after lost few rounds on its way down. Sorry to misled. But i really dont understand this stock la..
> Posted by moneytr33 > Dec 20, 2020 7:29 PM | Report Abuse
I was stucked at rm1.20 coz that's my average cost after lost few rounds on its way down. Sorry to misled. But i really dont understand this stock la..
that is still no way you stuck at 1.20 unless your trading system dont adjust your purchase price after the split.
Esceram and Notion Vtec shares price will move along with strong buying support in gloves counter stocks . Can buy some Esceram and Notion now when the price is still cheap. If gloves stock spike up , same will follow suit .
As anticipated, JP Morgan has begun to buy TopGlov again. By writing a bad valuation on TG earlier, they have achieved their unscrupulous tactic of causing TG's price to dip lower in order for them to collect cheap. Many fearful retailers who sold have been victimised by them! Esceram should gain grounds when TG moves up next week :) https://fintel.io/sob/my/topg
now TG doing SBB lo....and for your info...TG have their own "hand former" division....
Esceram supply to AT....and others Glove wannabe.
Esceram, few weeks back... i managed to get 0.45 and sell when it near 0.50
So..don't average lah..
be patient wait for 0.45 lah...... it like AT pricing lo....
once reach 0.20 and a bit more.. you will see massive selldown..
i also play same way for AT lah... if AT drop near to 0.17 or 0.165.....buy buy buy and wait...
and sell sell when near 0.2
Go check the chart lo....when reach 0.2 AT or slight more... then for sure drop again back to 0.17 or lower.
That why your 0.3 TP for AT, almost 2 month no action. All thanks to neverending PP and SIS and ESOS.
Since now AT recently aborted their last 94 million PP abruptly. Maybe now got possible to go 0.3 But i will rather wait ....see collect and sell again
AT now 4 billion tradable share... To move mountain....need at less 1 billion day trading lo.
Source: ALGO TRADERS HUB Till-date, at least 10 public listed companies have announced, started plans or began glove manufacturing, namely: - 1) AT 2) GOCEAN 3) VIZIONE 4) HONGSENG 5) ICONIC 6) GPA 7) KAREX 8) MAHSING 9) INIX 10)KTG BHD - Just announced that they will be spending RM54M to set up a glove factory at its existing factory in Kamunting Perak.
Esceram will certainly be unable to cope with the sudden 10 folds surge in orders for its ceramic hand formers against these new entrants. As such, using TG or Supermx to guage its share price’s movement is definitely inappropriate. Its about time for Esceram to find its own footing and move away from the shadows of the top four glove stocks!
Based on its EPS of 0.87(QR1) & 1.50(QR2) respectively, we can obtain the Estimated Annualised EPS for its Financial Year ending 31/5/21 as follows: - 1) QR1 = 1.5 (actual) 2) QR2 = 0.87 (actual) 3) QR3 = 1.2 (est) 4) QR4 = 1.2 (est) Estimated Annualised Gross EPS = 4.77sen
REMARK - Esceram needs to be revalued in order to reflect its true intrinsic value; Based on a PE of *20x, its share price should be worth at least 0.90 to 1.00! (* NOTE - This PE is rather conservative when compared to the PE of HLT which is around 50x based on its closing price of 1.14 on 24/12/20; https://klse.i3investor.com/servlets/stk/fin/0188.jsp);. [Disclaimer: TAYOR]
The cash position increased from 20.2 m in May 2020 to 48.1 m in Nov 2020. Customers are paying deposit and order book is full. Formers prices are increasing and glove companies expansions cannot be stopped as demand for gloves are strong. Again as I commented some time ago, the fundamentals are extremely strong and growth is steady. What is happening to the gloves counter should not be a real concern as this counter is decoupled from them. We should see another increase in profits in next quarter. This counter is a no brainer for investing in with history of dividends paid.
ESCERAM'S AMBITIOUS EXPANSION PLANS HAS FINALLY BEEN UNVEILED - 2 strategically located properties acquired at one go. As it will enhance future earnings & EPS, its time for the price to breakout above 0.50 tmrw!!!
(A) FIRST PROPERTY ACQUIRED - 1½ storey factory @ RM2,165,000 SUBJECT: ES CERAMICS TECHNOLOGY BERHAD (“ES” OR THE “COMPANY”) - ACQUISITION OF PROPERTY 1. INTRODUCTION Pursuant to Paragraph 9.03 of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, the Board of Directors of ES wishes to announce that Easy Sun Sdn. Bhd. (Registration No. 199801003694) (459820-A) (“Purchaser” or “ESSB”), the wholly-owned subsidiary of the Company has on the 30 December 2020 entered into a Sale and Purchase Agreement (”SPA”) with Petamela Sdn. Bhd. (Registration No. 198101012682) (78812-P) (“Vendor”) to acquire one (1) unit of 1½ storey factory held Pajakan Negeri 37835, No. Lot 128276 Mukim Hulu Kinta, Daerah Kinta, Negeri Perak (“Property”) at a total cash consideration of Ringgit Malaysia Two Million One Hundred and Seventy Five Thousand only (RM2,175,000.00) (“Purchase Price”). (hereinafter referred to as “Acquisition”).
*8. FINANCIAL EFFECTS OF THE ACQUISITION 8.3 Earnings and Earnings per Share (“EPS”) Barring any unforeseen circumstances, the Acquisition is expected to contribute positively to the overall future earnings as well as EPS of the ES Group for financial year ending 31 May 2021. https://m.malaysiastock.biz/Company-Announcement.aspx?id=1285027
(B) SECOND PROPERTY ACQUIRED - Land approximately 35,540.0 sq. m. in area @ RM8,000,000.00 SUBJECT: ES CERAMICS TECHNOLOGY BERHAD (“ES” OR THE “COMPANY”) - ACQUISITION OF LAND 1. INTRODUCTION The Board of Directors of ES wishes to announce that Easy Sun Sdn. Bhd. (Registration No. 199801003694) (459820-A) (“Purchaser” or “ESSB”), the wholly-owned subsidiary of the Company has on the 30 December 2020 entered into a Sale and Purchase Agreement (”SPA”) with Worldclass Boulevard Sdn. Bhd. (Registration No. 201301002803) (1032641-X) (“Vendor” or “WBSB”) to acquire a vacant undeveloped industrial plot held under the leasehold title Pajakan Negeri 115490 No. Lot 207429 Mukim Hulu Kinta, Daerah Kinta, Negeri Perak measuring approximately 35,540.0 sq. m. in area (as stated in the title) (“Property” or “Land”) at a total cash consideration of Ringgit Malaysia Eight Million only (RM8,000,000.00) (“Purchase Price”). (hereinafter referred to as “Acquisition”). https://m.malaysiastock.biz/Company-Announcement.aspx?id=1285028
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Stockhunter88
2,031 posts
Posted by Stockhunter88 > 2020-12-20 10:24 | Report Abuse
How possible you stuck at 1.20? I recall after split the highest was 1.00.