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Last Price Today's Change   Day's Range   Trading Volume
2.41   +0.18 (8.07%)  2.18 - 2.45  83,952,600
35,911 comment(s). Last comment by romulos at May 9, 2021 2:41 PM
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rocketfly1
68 posts

Posted by rocketfly1 > May 8, 2021 8:27 PM | Report Abuse

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


HrryPttr
1567 posts

Posted by HrryPttr > May 8, 2021 8:36 PM | 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


Burdoc
447 posts

Posted by Burdoc > May 8, 2021 10:57 PM | Report Abuse

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


Taipan
781 posts

Posted by Taipan > May 9, 2021 8:17 AM | 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.


Taipan
781 posts

Posted by Taipan > May 9, 2021 8:17 AM | 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.


Taipan
781 posts

Posted by Taipan > May 9, 2021 8:28 AM | 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.


BuffetOnWeed
616 posts

Posted by BuffetOnWeed > May 9, 2021 9:40 AM | Report Abuse

I agree with @Taipan


VKNR1405
3 posts

Posted by VKNR1405 > May 9, 2021 9:53 AM | Report Abuse

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


strattegist
17612 posts

Posted by strattegist > May 9, 2021 2:13 PM | Report Abuse

relax relax hey


brian3381
281 posts

Posted by brian3381 > May 9, 2021 2:16 PM | Report Abuse

More cases wil infect taipan


romulos
38 posts

Posted by romulos > May 9, 2021 2:41 PM | Report Abuse

By August Careplus will be RM8.Sell...

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