The Judge - Careplus sells to 11 countries overseas, US, Brazil, VIetnam, Europe etc. Plus JV with Ansell ensures their market is well placed out strategically. Go and read Ansell Annual Report, Careplus is their strategic JVpartner who will support Ansell gloves! Either way, Careplus is in good position to sell more gloves
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Why run when you don’t need to? In September this forum was full of people shouting sell, sell, run, cut loss, those who can afford to hold are cruel lah, encourage people to lose money lah...It’s time for you guys to leave the forum. Stop Crying away like a bunch of little girls scared by a ghost story. Chill lah...down little bit also cry...relaksssss guys. If you are convinced it’s not worth investing in, just sell and leave the forum. Teamrocket - just quietly wait for your 4.15 ok? We don’t want to hear your whining day and night. Thank you.
Not sure why people panic. Look at their financial performance, just by Share of Profit from Ansell in this quarter, they have gained 4.3 million out from their investment at 50mil that is kept as asset. They have an increased FD with Banks of 29million compared to last year and with a retained profit of 60mil. I dont see any problem to this company at all.
The PAT this quarter is actually better than last quarter, even though it was shown: -
Current Quarter: 42.8 million Last Quarter: 36.2 million Difference: +18.23 %
But you have to take out the one off gain in last period which is 15.4 million.
So you shall view the increase of PAT in this quarter as: -
Current Quarter:42.8 million Last Quarter: 36.2 million - 15.4 million = 20.8 million Difference: +105.7%
Which is actually bombastic.
When the Company is making loss, people call : BUY BUY BUY, HOOT 9E, ALL IN, but when the Company is steadily growing people call to sell. HAIYAAAA I dont know what is wrong with peoples.
guys, more IB give positive side on gloves this until end of this year especially during winter season..right now, only glove & tech semicon/equipment are the one that constantly making money throughout this pandemic, with some selected packaging & online companies that benefitted from delivery services
just wait for the sentiment to come back to normal..it didn't go down due to company performance nor because of demand downtrend, but its purely because of current sentiment..just chill
many knowledgeable and experienced investors are cool about this and chilling. the ones shouting loudest are those ikan bilis believing they are the sharks. hahahaha
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....
PineWood88
35 posts
Posted by PineWood88 > 2020-10-26 14:52 | Report Abuse
The Judge - Careplus sells to 11 countries overseas, US, Brazil, VIetnam, Europe etc. Plus JV with Ansell ensures their market is well placed out strategically. Go and read Ansell Annual Report, Careplus is their strategic JVpartner who will support Ansell gloves! Either way, Careplus is in good position to sell more gloves
https://www.ansell.com/-/media/projects/ansell/website/pdf/investors-relations/annual-reports/2020/ansell-ar-2020-final.ashx?rev=f441f65b6c8944a9909718884925e98c