Posted by yingkang87 > 2021-05-08 00:38 | Report Abuse

Kplus will bring all the glove counter up together!! Including slow big 4

Posted by HrryPttr > 2021-05-08 01:11 | Report Abuse

As usual people chase & then dump

Posted by DreamHunter > 2021-05-08 01:21 | Report Abuse

yah kah

Posted by DreamHunter > 2021-05-08 01:21 | Report Abuse

sure boh

Posted by DreamHunter > 2021-05-08 01:22 | Report Abuse

how you know leh

Posted by DreamHunter > 2021-05-08 01:22 | Report Abuse

you never buy one

Posted by samsungtrader > 2021-05-08 03:33 | Report Abuse

hopefully tomorrow will see green...

Posted by Covidcovid > 2021-05-08 07:59 | Report Abuse

I repeat again. SELL ON NEWS !!!!

Posted by ActuallySudahPeak > 2021-05-08 08:03 | Report Abuse

@ramunia - congrats on your profits . But errr not interested in clicking on your trades

Posted by ActuallySudahPeak > 2021-05-08 08:03 | Report Abuse

I bought supermax 70 cents and sold rm24 la hahahahaha

Posted by ActuallySudahPeak > 2021-05-08 08:39 | Report Abuse

Monday must buy ya . For next lower asp QR hahahahaha

Posted by stevenckheng > 2021-05-08 09:00 | Report Abuse

niaseng that dividend

Posted by paliyahya > 2021-05-08 10:45 | Report Abuse

Dengar dengar HC nk rally higher than tahun lps. Ambe pun tubggu jela betul ke x

Posted by HrryPttr > 2021-05-08 11:57 | Report Abuse

ActuallySudahPeak is super god of Bursa. Buy super low and sell super high. Please give us some tips

Posted by ActuallySudahPeak > 2021-05-08 12:01 | Report Abuse

@HP of course w sarcasm la aiyo, our fellow @ramu wants to parade he's trade ma

Posted by Gordon Weng M.T > 2021-05-08 12:09 | Report Abuse

Haha... I am on Careplus all the time. I will see those late comer / non confident at 3.00 next week. Hahaha... stay foolish stay hunger

Posted by pangolin > 2021-05-08 13:18 | Report Abuse

results tell the true , 100 m profit is damn huge amounts, careplus can pay us 2c every 3 months for 5 years , truely cash cow listing company

Posted by Burdoc > 2021-05-08 14:03 | Report Abuse

Now is the situation company earn 1 year = 20 years. Can’t ignore the fact....

Posted by information > 2021-05-08 14:43 | Report Abuse

Once U.S recovers, spot price will dramatically. As fast it went up, thats how fast it will drop.

India covid cases does not boost demand for gloves (as already been shown by the declining ASP). They simply dont buy more gloves as the cases rise.

Vaccination is well known not to induce demand for gloves. It is not required and its volume is too small.

Do not wait till you hear glove players announce drastic drop in ASP

all hell will break loose

Posted by limlaopeh > 2021-05-08 15:03 | Report Abuse

Covid is just flu, nothing special, cough, sneeze, sore throat, weakest virus in human history to declare a pandemic booooooo

Posted by brian3381 > 2021-05-08 15:28 | Report Abuse

Growingrich, u stucked at high px? Go back to ur mother la

Posted by brian3381 > 2021-05-08 15:40 | Report Abuse

Growingrich, u stucked at high px? Go back to ur mother la

Posted by limlaopeh > 2021-05-08 15:44 | Report Abuse

Leaked audio circulated online saying that daily cases will reach 10k daily

Posted by strattegist > 2021-05-08 15:56 |

Post removed.Why?

Posted by Rise5151 > 2021-05-08 16:28 | Report Abuse

Q1 2021 out, 241.3m revenue ,profit 123.5m , great result careplus

Posted by HrryPttr > 2021-05-08 16:33 | Report Abuse

@ActuallySudahPeak Hahahah. Cheers mate

Posted by Mini2021 > 2021-05-08 16:41 | Report Abuse

ASP sudah peak, tapi capacity masih increasing .....double capacity coming..... do your calculation...

Posted by Throwdown > 2021-05-08 16:45 | Report Abuse

Supermax has already announced the news regarding glove prices may have peak and gloves plunge for the past few days. So no more sell on news. Monday gap up 15%

Posted by limlaopeh > 2021-05-08 17:57 | Report Abuse

I think ah, asp peak, or capacity increase no use d, becuz global population gonna be half, no more use glove, human just gone, end

Posted by ActuallySudahPeak > 2021-05-08 17:59 | Report Abuse

yes @limlaopeh . thanos snap is real . endgame hahaha

Posted by information > 2021-05-08 18:36 | Report Abuse

simple logic:

ASP dropping even before new capacity coming online

Imagine, with recovering US & Europe and China new capacity coming in, its a double whammy

ASP will drop exponentially

Posted by ayam > 2021-05-08 18:38 | Report Abuse

Please note that cargo delivery of ppe thingy inclusive gloves to places like India has almost double since April 21, hence, strong demand n ASP to remain at least for another quarter, conservatively

Posted by information > 2021-05-08 18:40 | Report Abuse

big players like top glove will squeeze the margin even to negative level to compete and kill the new comers

whats worrying can it compete with China?

Posted by GrowingRich > 2021-05-08 18:43 | Report Abuse

how many units of any glove stock hv you ever actualy bought, dude?

Posted by information > 2021-05-08 18:44 | Report Abuse

you have only 2 more qtrs before the absolute reverse happens
glove margins is a double edge sword

Posted by GrowingRich > 2021-05-08 18:46 | Report Abuse

Did you buy any on Thursday?

Posted by information > 2021-05-08 18:49 | Report Abuse

information is not specific to careplus, but generally to gloves stock

its time you move away to recovery stock which may be slow but certain

Posted by information > 2021-05-08 19:00 | Report Abuse

ASP can NEVER go up from now...

just think about it - nothing can make it go up anymore but only down

this simple fact itself shows why its extremely risky to be invested with gloves stock

Posted by rocketfly1 > 2021-05-08 20:27 | Report Abuse

Monday limit up, Tues limit up, wed limit up, earn 90% sweet

Posted by HrryPttr > 2021-05-08 20:36 | Report Abuse

ASP down or not, they ady make 10-20 years profit. Can even close shop for 5 years but still got plenty of money

Posted by Burdoc > 2021-05-08 22:57 | Report Abuse

July ogos will peak 10000... country like here can happen....

Posted by Taipan > 2021-05-09 08:17 | Report Abuse

Government all around the world are stocking up gloves as demand continues to rise. Variants are emerging. See Singapore. After 2 dose vaccinations in Feb, nurse infected with Indian Variant. Now Singapore new cases increasing.

Now new cases are affecting the younger age. Many admitted in ICU. See Malaysian DG report. Same all over the world. So now the world realises that PPE including glove is required as new norm as Covid 19 is here to stay.

New variants, new booster jabs, more gloves demand.

Posted by Taipan > 2021-05-09 08:17 | Report Abuse

With very strict movement control, recovery stocks tomorrow will drop. The only counters profitable and will remain so for many many years is healthcare.

Posted by Taipan > 2021-05-09 08:28 | Report Abuse

ASP prices for this year and next (a few quarters) have all been locked in and firm. The drop in ASP is only for new orders mid next year. So PAT will continue to rise if no plant shutdown and lack of shipping containers.

All new comers into glove manufacturing will drop out due unable to compete with the Big 4 + 3 due economics of scale. Supply will drop and ASP will recover.

That is why the Big 4 + 3 have well positioned themselves with additional plant expansion as the foresee ASP stabilizing gradually. So to counter this will be the volume.

Posted by BuffetOnWeed > 2021-05-09 09:40 | Report Abuse

I agree with @Taipan

Posted by VKNR1405 > 2021-05-09 09:53 | Report Abuse

https://www.theedgemarkets.com/article/glove-maker-careplus-1q-net-profit-soars-record-rm12354m-declares-two-sen-dividend

Posted by strattegist > 2021-05-09 14:13 | Report Abuse

relax relax hey

Posted by brian3381 > 2021-05-09 14:16 | Report Abuse

More cases wil infect taipan

Posted by romulos > 2021-05-09 14:41 | Report Abuse

By August Careplus will be RM8.Sell...

Posted by tallman > 2021-05-09 15:41 | Report Abuse

No RM8 la. RM4 only, market give glove PE 4-5