same like last time i bought careplus at 0.3++ never thought it would touch .5-.6, and to make it worse, on the day announce merger people panic sell, and after few days fly,
Directors disposing at higher market price, this move is also to clear contra/margin/fifo players. Please read the announcement clearly la, see the price the sell, if higher than market means its just trading hands.
@steven rt, it is normal for directors to disposed shares as well, they also need to sell to gain a bit profit, look at the ammount of unit they sell, this game is call stock trading, whats the point of buying if u cant sell? So if they need money, they also need to disposed shares just like us to cash out to use. Logic
1. Company established since 1978 ( 42 years ) 2. their financial background is in very healthy state 3. previous years record are stable, just look at their FA, 4. this company will prosper more during covid pandemic and only God knows when it will end. 5. it will take years to create vaccine/cure for covid 19. the complexity of implementing/approving human test is not that easy. reference : https://www.bharian.com.my/berita/nasional/2020/05/692032/covid-19-pakar-berlumba-hasilkan-vaksin-namun-tetap-perlukan-masa
6. even if they do manage to find the cure/vaccine for covid19,the world will be more careful. 7. hence the importance of sanitation/ disinfection, sterilization, and surgical room equipment. 8. their business will run as usual providing tools/equipment/services for healthcare providers ie hosp/clinics etc etc 9. hospital will still be running. people getting sick daily, virus keep mutating, vaccine are constanly outdated. 10. once covid19 ended, their business will still run, washers, tumble dryers, and coin changer, as well as on-premise commercial laundry equipment comprising washer extractor, continuous batch washer, batch dryer, tumble dryer, feeder, dry cleaning machine, flatwork ironer, folder, spotting table, industrial presses machine, ironing table, and chemical dispensing system.
i can go on and on and on highlighting the potential this counter have, but you guys will TLDR so up yo u guys to stay strong and hold, u will be rewarded.
p/s, why this counter price still low/slow/not moving? simple: no exposure yet and people still focus on glove counter.
by the way, sharks will be here soon, better get it now before they start feeding frenzy.
to those who managed to accumulate at 0.205, congratulation and hold. to those who sell at 0.205, you can still jump back in, not too late :) BCMALL will be similar to careplus/adventa/notion
** QR coming soon ;) huat
those who buy at top, dont worry, its just paper loss, it will only consider loss if you sell, just hold and wait awhile, current market trend is healthy correction.
Just to give you guys ideas on BCMALL Financial Record
As you may see their previous records are on the rise yearly. This is even before the existance of pandemic CV19. you dont need to be a financial expert to roughly guess on their upcoming report
This upcoming QR will Huat! Be strong and HOLD dont be tempted to sell on healthy correction!
btuscy why you purposely omitted 2019 profit MYR 5141000 - a hefty drop of 47.5%. That means you are up to no good.
ahfad and I were the early ones to spot this counter when it was trading 9 sen. I put a target price at 19 sen. However 7 weeks later it overshot and went to intradayhigh of 30 sen and I sold at 27 sen.
I am waiting to buy it back at 18 sen. It will take a long time to attain 30 sen again.
@air01557 why u so negative about me? I did not purposely omitted 2019, im just giving the examples based on data from insage, data from insage only from 2016-2018,
Seems still far aways go back to highest 0.30 or above.But looking optimistic and caution especially rebound back from lowest 0.06 till now.TA chart shown can't broken drop below MMA(20) line @ RM0.18.Hope all guys will play...,Cheers
The most important are the future earnings numbers...Not past numbers...That's where the money are won...If you can anticipate the future 180 days earnings growth numbers...positive or negative...then TA charts will follow accordingly...So you need to understand the business its demand n supply...!!!
Cash flows from operations are positively okay, plus capex are reasonable, so management are effectively good, to retain earnings, plus some free cash flows, that's where the dividend will be distributed. Working Capital n retained earnings increasing... that's to say, floor n book value also increasing. With these, it's up to management to use more for capital expenditures or distribute the money as bonuses. Invest n Hold...
Next week market reopens probably will have mixed signals due to HK-China tension arising again for other sectors/industries but once again covid is another issue certainly which healthcare related counters still a safe investment.
Possibly a glismpe on health/medical counter sector counter QR The Edge, 25th May 2020
Last Monday (May 11), Singapore-listed Riverstone Holdings Ltd released a stellar set of financial results. The Malaysian-based glovemaker’s quarterly earnings surged almost 54% to a record high of RM46.6 million, reinforcing the optimistic industry outlook.
The big leap in profit instantly added fuel to the share price rally among the rubber glovemakers listed on Bursa Malaysia.
Just to add my 2 cents into the discussion, if haven't been done already.
BCM Alliance is also selling consumables for X-rays, and COVID-19 patients will go through X-ray to detect the changes in their lung capacity/screening as well. You can imagine how many X-rays has been done lately with the amount of total infected people. (http://www.bestcontact.com.my/)
Another thing is they are selling medical devices, one of them being infrared thermometer. It is a common sight nowadays to see this. Although this may not be a major revenue, but you can see on their website that all of their infrared thermometer is sold out. (https://www.cypressmedic.com.my/)
Thanks for reading.
Personally I am looking to average down my investment, as I entered at quite a high price compared to what closed on Friday.
Looks like this counter can keep for long term coz established since 1978 with good record...who knows within 2-3 years time can go up 3 times better than fd rate I guess..my 2 cents opinion ha ha ha
USDJ future gain up 270 points now,reported have hopes for Covid-19 vaccines.Source from CNBC.If like that,will benefits for our share market but excluding healthy sectors.I very confused want q buy above 0.20 or prepare to q buy below 0.20!?Anyone have good ideas!?
brother @ray1980 stock market very unpredictable lo, but as for me, im prepared to add more at 0.2. but based on the graph it is quite strong at ma 20. support at 0.18.
Tomorrow maybe up a little to 2.25-2.5 as people may scare second outbreak as number of cases increase, (only 4 local case).if tomorrow qr result out can go to 0.3
Dear bcmall fighters, after a long holiday, tomorrow klse index will limit up, plus bcmall upcoming QR this counter will rally up more investors, nontheless u will still need to trade smartly and constantly monitor the trend
stnwcs: erk why go back to below 20s. It has ho as high 30c and, so many positive review, and a lot of people are optimist it can go like LKL adventa others.
@ray1980 US has been reporting vaccine here and there but as we know is still a long way to go and end up pocket from their increased share price first. And let alone how “optimistic” and “brave” are the Americans despite of their numbers of infections are increasing every single day. Nevertheless, even if there’s vaccine which might be developed years or even a decade later, healthcare equipments are still in high demand as also mentioned by other friends here in the forum.
As for the local situation is also getting worse our Health DG said we will see an increase spike coming from foreign workers. We still need to provide treatment to them to get cured though and if the situation will be like SG hence the demand for medical equipments will be getting more and more.
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Posted by ooi8888 > 2020-05-24 16:37 | Report Abuse
Careplus will easily break rm1 next week, but bcmall still long way to go lah, brother, haha.