As mentioned in the last qtr report, orders are packed till year end. Both Thai and Malaysian factories are producing at full swing. I agree with Wil188.. the PE will drop once the next results are out. Financially very strong with ample cash reserves .. cash position RM40mio plus..
Source: ALGO VIP CLUB [22.01.21 11:15] ESCERAM BUY Signal Detected in Day chart. Good if close above = 0.565; Volume Ratio = 0.705; Buy On Dip = No; Bankers' Chips = 18%; R1 = 0.560; R2 = 0.625; A clean breakout from here will see it go higher! Watch the GAP btwn 0.67 - 0.715...it needs to be covered [Disclaimer: TAYOR]
It's a potential stock with extractive price, I feel with more and more glove companies to open up/ expansion.
Additionally, the development and expansion of Esceram to further improve its business to deal with its big glove clients. It's worth buy now, since the price is really attractive.
(Just my opinion, no call buy/ sell suggestion involved)
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....
VenFx
14,784 posts
Posted by VenFx > 2021-01-12 14:23 | Report Abuse
Ladies & Gentlemen
I guess there must be icecream bonanza in the afternoon session.
Am sure many are escream lover Kan?
BE READY FOR 3RD LINERS YAA !