ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.15

Today's Change

+0.005 (3.45%)

Day's Change

0.15 - 0.15

Trading Volume

18,000


24 people like this.

14,539 comment(s). Last comment by rich_bangla 2 weeks ago

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-09-28 16:35 | Report Abuse

thanks @clc689

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-09-28 16:38 | Report Abuse

So now Icecream no more Godiva but Mat Kool Icecream.....Darn.
Never in my life..i expect to see 40 cent now..
Fuyoo.....
If announce reduce OR profit..sure gone liao...

Expecting to be 30 cents soon since Major ( Sei Tai Tin Wong) Glove dropping because of uncertainty Windfall Tax...

Samuelgold

184 posts

Posted by Samuelgold > 2021-09-28 18:02 | Report Abuse

Thx@clc689

778899

338 posts

Posted by 778899 > 2021-09-28 18:44 | Report Abuse

Thx@clc689

Posted by StockGodFatt > 2021-09-28 18:59 | Report Abuse

Should be good news to Esceram as buyers from China are buying from them. Esceram unlike gloves decline in ASP

Posted by StockGodFatt > 2021-09-28 19:01 | Report Abuse

Tech stocks are over valuation and smart money are flowing into gloves again.

Posted by StockGodFatt > 2021-09-28 19:04 | Report Abuse

Nasdaq is crashing

Kingbeast

649 posts

Posted by Kingbeast > 2021-09-28 22:16 | Report Abuse

Lol.

Posted by StockGodFatt > 2021-09-28 23:53 | Report Abuse

Tomorrow gloves stocks rally as tech stocks koyak because over valuation. Smart money move into gloves stocks.

Fujisnow

70 posts

Posted by Fujisnow > 2021-09-29 10:57 | Report Abuse

thanks @clc689 for your effort. appreciate it.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-09-29 11:34 | Report Abuse

hahaha.....Glove macam Red lo @StockGodFatt
Glove nowadays 1 day or 2 day show lo....

Glove is doomed lah....as long can take 3rd Vaccine booster shot and possibly every 6 month thereafter..

So...Glove is not a critical now....ASP alao dropping to pre covid level...So the share price should dip to correction level lo.

No more Bombastic QR liao...
too many glove producer liao....

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-09-29 11:44 | Report Abuse

So i expect IceCream to dipped further lah to 0.35 or lower if The Top 4 still keep dipped day by day until no eye see.

Posted by StockGodFatt > 2021-09-29 12:01 | Report Abuse

why Esceram need to follow gloves ? Esceram did not produce gloves. They manufacture formers and is indeed good news they have more buyers from China buyers. That's why they expand their factory.

Kingbeast

649 posts

Posted by Kingbeast > 2021-09-29 12:34 | Report Abuse

Ya, esceramic is supporting glove expansion. Nothing to do with gloves.

But why the hell they follow glove trend

Fujisnow

70 posts

Posted by Fujisnow > 2021-09-29 12:37 | Report Abuse

Actually at 40-ish cents its a good bargain.
when the new plant is completed the extra revenue should offset the share dilution & ASP drop. If China demand can maintain or grow further, it should be able to give 3.5 - 5 cents dividend per annum, Even if the share price drop to 30 cents, the dividend will offset the capital lost. The problem is the time cost because share price no momentum due to market lost interest. Perhaps if Esceram can give more more dividend in the next two years may be market will gain back interest.
If the market believe China will destroy Malaysia gloves, Esceram should appreciate instead of dip. What if Malaysia gloves can prove their earnings after two years, and have a reversal rebound, will Esceram follow?
Frustrated. Make your own call.

Fujisnow

70 posts

Posted by Fujisnow > 2021-09-29 12:58 | Report Abuse

In the long run, I think Hand former business should be ok due to high growth in medical/pharma sector, and its business nature is not easy to duplicate. However now its the beating stage you need to endure.
If you have no hurry to take profit, just relax and hold, if the share price drop the dividend will offset it. If you cant wait may be can consider to shift capital to tech stocks or EMS sector.

Fujisnow

70 posts

Posted by Fujisnow > 2021-09-29 13:14 | Report Abuse

May be people are worried if ASP drop can small glove player survive and maintain hand former order.

------------------------------------------
But why the hell they follow glove trend

Posted by shrewdinvestor > 2021-09-29 16:56 | Report Abuse

@Fujisnow, I share your view. If there is 600 m shares and profit is 60 m and with PE of 4 to 5, it's more or less there. However, if gloves mania comes back, we can enjoy a higher PE. The strong point is the dividend, they must pay an attractive %, then all good for long term holders.

lohloyfoo

79 posts

Posted by lohloyfoo > 2021-09-29 18:11 | Report Abuse

Bottom fishing now, slowly accumulate!

Posted by readytoinvest > 2021-09-30 09:50 | Report Abuse

theres nothing to do when sentiment is bad.

macdaddy

19 posts

Posted by macdaddy > 2021-09-30 11:41 | Report Abuse

But why the hell they follow glove trend
-----------------------------------------------------------------------
The problem lies in their mgmt esp Captain Wong, whom dont like to engage in IR activities. Even when asked about their future plans, always give evasive and safe answers. IB and FM want to know somethg new about the co future plans..not those they oredi know. The mgmt attitude has to chg.
The co has strong fundamentals and sustainable book orders for the coming year but for the co share price to go up, they need to engage in IR activities and differentiate emselves from glove...Good dividend, Shariah compliance & transfer to mainbod wld be able to entice insti to comein at the least. The co oso have to plan to diversify on new products within the ceramic industry.

Kingbeast

649 posts

Posted by Kingbeast > 2021-09-30 12:00 | Report Abuse

The management damn dumb, talk something good la so that shares price can go up.

Act like that - how people got confidence to invest in your company.

Sigh. Don’t know how these people become businessman

Davidl

1,816 posts

Posted by Davidl > 2021-09-30 15:03 | Report Abuse

It is now time to rebound!

Samuelgold

184 posts

Posted by Samuelgold > 2021-09-30 15:13 | Report Abuse

Well said Kingbeast

Posted by StockGodFatt > 2021-09-30 15:25 | Report Abuse

Smart money are getting out from Tech stocks cause of over valuation and flowing into gloves stocks.

Kingbeast

649 posts

Posted by Kingbeast > 2021-09-30 16:12 | Report Abuse

Lol. Everytine said that, glove stocks will go down further.

Glove always go up then drop because of heavy profit taking with limited funds entering

lloydlim

3,971 posts

Posted by lloydlim > 2021-10-01 10:56 | Report Abuse

Time to accumulate!

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-01 11:52 | Report Abuse

Wtf. This counter

Posted by ANTONIO7979 > 2021-10-01 11:59 | Report Abuse

This counter like no hope already

jeffng570

520 posts

Posted by jeffng570 > 2021-10-01 22:18 | Report Abuse

just cut lose.....move to others counter better than still waiting here with these type of management...noob

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-04 10:42 | Report Abuse

This company going PN17.

Posted by Gorengkueyteow > 2021-10-04 13:13 | Report Abuse

Kingbeast you pull pn17 outta your backside? Do you even know what is pn17?

Posted by StockGodFatt > 2021-10-04 14:24 | Report Abuse

I'm going to buy some more later today

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-04 14:47 | Report Abuse

This counter keep going down for no reason. I think a lot of investors don’t have faith in this company. Management very blunt.

Posted by StockGodFatt > 2021-10-04 23:19 | Report Abuse

Dow sheds 350 points as investors ditch technology stocks, Nasdaq drops 2%. Tomorrow gloves rally as smart money flows into gloves.

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-05 09:11 | Report Abuse

Lol. Glove 2023 only go up lah

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-05 09:20 | Report Abuse

Share price keeps dropping for no reason. This company very wasteful.

Posted by ANTONIO7979 > 2021-10-05 10:20 | Report Abuse

Dont know what to say already. Pain in heart. Haiz

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-05 10:44 | Report Abuse

PN17 stock.

Posted by SamLiRainMaker > 2021-10-05 12:55 | Report Abuse

buy more later price shall spike high.

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-05 15:24 | Report Abuse

Buy more drop more

MadCow75

3,091 posts

Posted by MadCow75 > 2021-10-06 00:39 | Report Abuse

if drop break 37 then will all way down...

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-06 11:25 | Report Abuse

waiting at 35 cent

macdaddy

19 posts

Posted by macdaddy > 2021-10-06 15:37 | Report Abuse

Coma mode

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-06 16:34 | Report Abuse

PN17

Kabali

331 posts

Posted by Kabali > 2021-10-06 17:39 | Report Abuse

Maybe ceo not capable to take care corporate side. Only knows manufacturing

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-06 18:18 | Report Abuse

So rich - hire a PR person lah

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-10-06 18:26 | Report Abuse

Is good time to buy already.

Kingbeast

649 posts

Posted by Kingbeast > 2021-10-06 19:22 | Report Abuse

Good time to buy and drop again. Maybe will go down to 0.2

Haha please avoid glove counter related.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-06 20:22 | Report Abuse

awaiting 30 cent then.
hahaha

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