It is not new warrant. It is exercise of warrant to mother share. Warrant impact on mother share price theoretically has already factored in on the adjustment day after ex date when bonus share and warrant came in listing.
Frankly speaking I see no reason to exercise as the warrant price is pretty close to mother share price minus 20 cts. If mother share moving very much far ahead, then it is worth going for conversion eg previously HLT warrant.
I dont know but this Kamal YP Tan came in with the son could be something. Have a read about Kamal Tan, he was involved in a tussle in taking over Pengkalen deal long long time ago, involved MUI finance etc... seemed to be a market player. We shall see
@JohnFarmer456 the most accurate analysis that I have seen todate. Excellent. As the base for formers demand grow, replacements will be growing. This business has a fantastic business model. I expect share appreciation and good dividends going forward. Better than keeping your money in FD at 1.5% interest.
my little perspective here.. ES ceramic never break RM1 in 15 years.. just uptrend since covid.. will it be the same fate with gloves market? as demand of glove is not forever high like NOW.. you know i know everybody knows..but 1 sure thing is...demand of glove will neither less demand than before.. since people are alert with hygiene . so it will be average... in between of high and low in share price... calculate yourself 05/02/2021 5:07 PM
huatzai88 .... you are wrong about Esceram never breaking RM1. Before the last bonus and warrant issue, the price went up pretty high. After that, the price really dropped, and it was only recently that the price started ovimg up again.
Huatzai88 @ I think u never huat la, ES ceramic never break RM1 ?are you dreaming kah !! pls, do some homework & study clearly! Don't come here MOM MOM CHA CHA...
in 2020 Esceram PAT is 7mil , rumor saying 2021 with their order filled and received deposit their PAT would be 1000% at 70mil? a big glove company paying very premium to cut former and dipping line orders
can anyone calculate if 2021 PAT 70mil wouldt that make Esceram PE lower than 10?
With more and more corporate sectors diversifying into gloves businesses , by obvious reasons it would benefitted esceram business growth in the coming future with higher demands in supplying formers for gloves manufacturing .
if it can hit RM2 plus next week, it is gambling, not stock investment.
I bought it because as below. If its PAT can be more than RM5mil per quarter, then it is bonus for it goes to higher price.
Issued share - 460mil
Q3 2020, net profit - RM4mil
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
Yes agreed. We bought ES bacause of the fundamental of the company, positive future earnings, cash rich position, good production expansion, positive ASP price, continuous strong demand of glove formers from existing glove makers n new comers
Yupp.. We buy or enter is cause we see a huge upcoming future growth or potential in it.. Plusss, the technical chartwise itself is telling something already, and something definitely is brewing...
I would rather see the share price going up steadily rather than just out of nowhere skyrocket and just tumble. Kinda like "pump and dump" is pointless.. Share price that goes up steadily is the best... More yet to come.. Cheers...
Well..., I'm expecting next week to be more interesting... Lets give it 9 market days and see if there's any huge impact or movement on the share price...
I love the way this counter is going up la, slow, and steadily upwards, yet to see the real aggressive play. Can I say, it's a real collection? Won't be surprised if it touches 0.80 sen come Monday...he he he
It is still under the radar. Qtr ended 28th Feb should be another record good qtr. Would be good to see if the expectation is exceeded. PE will drop unless prices move upwards. Former business is a recurribg business because each former has a dipping lifespan of 40,000 dips more or less. As such, it is sustainable business with more machines being commissioned
Q3 2020, its PAT was rm4mil. If ES can hit rm5mil PAT per quarter for consecutive 4 quarters, with current PE45, it will worth almost rm2. Those who is strong in fundamental analysis, you can do own calculation. Hope n wish it will become true :)
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jennynpk88
25 posts
Posted by jennynpk88 > 2021-02-05 15:31 | Report Abuse
the new warrant info as per link above.....