The only listed company in Msia producing glove formers. Hv another production plant in Thailand to supply formers to glove makers in Thailand like Sri Trang Glove Manufacturer
PE is not a real concern in this case as it is based on historical profit. If you expect the coming results to be fantastic, then, it will adjust the PE down. Same like Topglove from a PE of 20+ to PE of 5 currently
latest acquisitions by Dato Kamal, his son n Rosli are significant moves in the corporate side of the co...make sure dont miss the train..board early..
macdaddy latest acquisitions by Dato Kamal, his son n Rosli are significant moves in the corporate side of the co...make sure dont miss the train..board early..
02-Feb-2021 Insider Notice of new substantial holder - MR TAN SAN KWANG on 29-Jan-2021. 02-Feb-2021 Insider Notice of new substantial holder - ENCIK ROSLI BIN HAMAT on 27-Jan-2021. 04-Feb-2021 Insider Notice of new substantial holder - DATO' KAMAL YP TAN on 29-Jan-2021.
29 Jan 2021 Acquired 47,000,000 DATO' KAMAL YP TAN 29 Jan 2021 Acquired 960,000 ENCIK ROSLI BIN HAMAT 29 Jan 2021 Acquired 47,000,000 MR TAN SAN KWANG 27 Jan 2021 Acquired 24,552,500 ENCIK ROSLI BIN HAMAT
Esceram latest Quarterly report is just around the corner, will we be seeing really big profit? maybe got new orders for Supermax glove factory in US? or new very big orders from China glove factories? only insider will know
Good closing at 72c which is Esceram resistance, tomorrow possibly a gap up to 72.5c-74c can by easily cross over its resistance and move towards next major resistance rm1.00
Rumor 1 - Esceram next quarter very very good Rumor 2 - Got big shark want to make Esceram RM3 and now his proxy slowly collecting Esceram Rumor 3 - Order fully booked till 2025 Rumor 4 - Got big glove company want to buy over Esceram
from chart cup and handle is forming, once breakout can break previous high 1.02
TP RM2.0 , next HLT. Market cap only 300mil. This remind me of Careplus,HLT last time keep uptrend limit up. I believe can go up to RM3. I wonder next QR report will announce another bonus issue?
Kamal YP Tan has very impressive past background. He sounded like a big guy in share market, has stockbrokering background. The Tan San Kwang is likely the son, he has a nephew by the name Tan San Chuan.
ESCERAM FAQ 1.if glove demand continue increasing Esceram earning will also go up 2.if glove ASP go down will it affect Esceram? The answer is NO, it will not affect Esceram earning 3.Glove material cost increase will it affect Esceram? The answer is NO, it will not affect Esceram earning 4.Glove factory close down due to covid will it affect Esceram? The answer NO 5. If glove oversupply in the future will it affect Esceram? The answer is NO 6. If more new glovemaker in the market how will it affect Esceram? Esceram earning will go up , now we have Mahsing,AT,Karex,Inix and many more companies diversifying into glove 7.Existing glove maker expanding more production line how will it affect Esceram? Esceram earning will go up 8. Glovemaker operation full 24hour shift how will it affect Esceram? Esceram earning will go up 9. Malaysia Ringgit strengthening against USD how will it affect Esceram? Esceram will not be affected
As you can see negative things that can have negative affect on glove does not affect Esceram earnings whereas positive thing that can have positive impact on glove will also give benefit to Esceram
Conclusion Esceram is a very good investment for long term as it will benefit from Glove supernormal profit but it the future 4-5 years later when ASP go down esceram wont have any negative impact as there would still be more glove factories opening or expanding in line with the normal market growth for glove
Rumor 1 - Esceram next quarter very very good Rumor 2 - Got big shark want to make Esceram RM3 and now his proxy slowly collecting Esceram Rumor 3 - Order fully booked till 2025 Rumor 4 - Got big glove company want to buy over Esceram Rumor 5 - Bonus Issue Rumor 6 - Transfer to Main Board
Assuming good business starting Q4 2020, it has net profit RM5mil per quarter for consecutive 4 quarters. EPS shall be 0.043. With current PE of 45, its may worth RM1.95
Esceram was heavily punished during Glove downtrend, but now as all opportunist and weakholders that tried to ride on short term momentum has been washed out. We can see esceram price has stabilized. and now even when glove is red esceram has become immune and still go up on its own
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By Tom Randall February 5, 2021, 3:52 AM GMT+8 Updated on February 5, 2021, 8:33 AM GMT+8
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The world about to need much much more glove formers and dipping line
461 Million NOSH recently over 110mil shares picked up by 3 new substantial shareholder, less floating share makes share less volatile. More strong holders share price easier to push up and harder to fall as less people will throw
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....
hannahwong
77 posts
Posted by hannahwong > 2021-02-04 14:50 | Report Abuse
yes all.almost monopoly business