Sarabikok. You mean the Datuk Karim. Whenever and whatsoever he goes, he got huge followers. Sorrybfolks, I have to go now to buy more to accumulate karim cum esceram into my portfolio
Posted by shrewdinvestor > Mar 22, 2021 11:16 AM | Report Abuse
Also for this group to know, there are examination formers that is for examination gloves where all the Covid impact is discussed. ES also makes surgical, household and industrial formers, smaller quantities but prices are very high compared to exam formers. Your gardening gloves are made from their formers. So, a very unique proposition.
@sarabikok iceream is a Cash B4 order company .. they will be have more money until they dont know how to deal .. and they are building factories as creazy as they can ... this is the the only counter I never look at candles, mcdx, MA, bla bla bal everyday .
Posted by sarabikok > Mar 22, 2021 3:49 PM | Report Abuse
i m holding till now... wait for long term.. eseram is cash free stock. SCIB karim is buying
If one day where other gloves former companies, like below, do subscribe it's IPO and go for it
Creamtec https://www.ceramtec.com/dipping-formers-for-gloves/ (The CeramTec subsidiary in Seremban, Malaysia produces and sells ceramic dipping formers used to manufacture rubber gloves, operation/surgical gloves, examination gloves, household gloves and industrial gloves)
2. Results shown are due to increasing ASP, payables received and cash upfront from new orders of hand molds.
This shows that Esceramic is involved with CASH Business with Good Paying Customers
3. As a result Cash position has jumped to Rm60 millions
4. With so much fresh sales Esceramic is doubling production from 500,000 hand formers to 1 million hand formers by adding two new factories -- making it the largest Glove Hand Formers manufacturer in the world
With factories located both in Thailand and Perak it will capture the lion share of glove hand Former business by both sales and services (hand formers life span ranges from 8 months to 15 months ) and are subjected to constant moving, dipping into chemicals and heating in ovens see https://www.youtube.com/watch?v=1-uH0KmgU_o
5. Sri Trang Thai Rm6.4 billion expansion till year 2026 will ensure lots of immediate business
6. Hartalega Rm7 billions expansion near Thai border will give long term 20 years demand
7. Thailand is now the bigger rubber producer on earth followed by Indonesia Malaysia in 3rd place
Japan, USA and Europe cannot compete in medical gloves because rubber trees cannot grow in their countries so they don't have fresh rubber latex . For Sri Trang Thai and Topgloves they have their own rubber plantations
8. That means that Esceramic is almost a sole monopoly and will have a long term edge in growth for many more years to come
@2020covid19 you buy a proton x50 , 1. cash business > when when you get the card 2. cash before business > pay when you order .. get the card 6 months later
Posted by 2020covid19 > Mar 23, 2021 9:22 AM | Report Abuse
More corporate announcements today show that Rosli and Roslan topped up massively at the 86-87 cent price on 17 and 18 March last week. I think this one can just hold and tutup mata
Raksasa... No need advertise R n R la. Just top up bit by bit let it up bit by bit. Don't let the whole world know until limit up time, then they will notice...
I found something interesting seem both of them buying the same lot for both day ...
19-Mar-2021 Acquired 500,000 Registered Name Vintage Capital Sdn. Bhd. Nature of Interest Indirect Interest 18-Mar-2021 Acquired 3,638,400 Registered Name Vintage Capital Sdn. Bhd. Nature of Interest Indirect Interest
Biggest shareholder Datuk Kamal Tan did not dispose all his ard 20% shares of ES. He passed all his shares to his son n his family members. He has no reason to dispose ES shares as he is very confident with the management team n the future growth of ES.
Biggest shareholder stil holding tight tight +2 new heavy weight substantial shareholders R & R from SCIB / Kpower + 1 more lagi heavy weight nama belum keluar + existing good strong mgmt team
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....
JohnFarmer458
1,797 posts
Posted by JohnFarmer458 > 2021-03-22 13:08 | Report Abuse
Who got washed this morning?