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Overview
Financial Highlight
HeadlinesBusiness Background Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company’s product consists of Latex exam gloves, Nitrile exam gloves, and Surgical gloves. Its latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and automotive industry. Surgical gloves are designed specifically for precise medical and surgical applications. The company markets its product under the brand Rubber care and Guardian. Its manufacturing activities are operated only in Malaysia.
  BilisMrJ39 Xuxu has good point. If no chance buy back lower just go for other counter. There are so many counters in KLSE 16/04/2021 2:50 PM BilisMrJ39 Only realised profit is real profit. Paper gain is nothing until you realised it 16/04/2021 2:54 PM  VenFx May d 2rd liners s joy c'tinue spill over to 3rd liners to lexus iceream & flexi yaa 16/04/2021 7:29 PM VenFx K+ always my 1st choice as proxy to glove as it is the highest in BETA value Up faster drop also deep deep truely like it. $2.25 kom lanne firmed ? 16/04/2021 7:31 PM Goldberg LATEST ON GLOVES SECTOR Demand Remain Robust Massive resurgence of Covid 19 Citing the World Health Organization, Bloomberg reported that Europe has surpassed one million deaths from Covid-19 and the situation remains “serious”, with about 1.6 million new cases reported each week in the region. Malaysia also saw the new Covid-19 cases increased further yesterday to breach the 2,000 mark with 2,148 cases. The last time the country registered daily new infections above the 2,000 mark was on March 5 with 2,154 cases. ASP - Still Strong However, we do not expect ASP to fall off a cliff despite average lead time being reduced from 300 days in early Jan 2021 to 200 days currently, compared to 20-30 days pre-COVID-19 supported by post-pandemic demand growth averaging 15%-20% per annum. ASP trend is expected to soften next year albeit at a slow pace on the back of still robust demand. Malaysian glove players which commands 68% global market share and have consistently evolve and innovate in terms of capacity, products and plant modernization via automation. Global demand growth at 15-20% per annum post-COVID-19. According to the Malaysian Rubber Glove Manufacturers Association, the global shortage of rubber gloves will sustain beyond 1Q 2022 with growth rate averaging between 15% and 20% per annum going forward compared to pre-COVID-19 of 8%-10%. Heightened Hygiene Awareness Heightened hygiene awareness extending beyond the healthcare sector. Incremental volume growth is expected from new users of examination rubber gloves including nitrile and latex-based ones. 16/04/2021 8:37 PM KooSan My Ichimoku showed this is flying lor. And this is the beginning..Can touch 2.30 16/04/2021 9:49 PM chkhooju You are still around! I thought all naysayers like you have had died a natural death. 16/04/2021 10:21 PM pangolin congra for those in go in below 1.3-1.5 , u earn handsome withn short period , mine terbalik , went in 2.4 , still waiting for break even and cabut 17/04/2021 8:37 AM satt1984 when you buy at 2.4 u should consider to buy more to average down at 1.3-1.5 17/04/2021 1:13 PM Tantoro Latest news report USA also have India double mutation in several states that will escape from vaccine. so sad but scary 17/04/2021 4:16 PM Tantoro New cases of 'double mutant' COVID-19 variant detected in U.S. state 12021-04-09 14:29:44CGTNEditor : Zhang MingxinECNS App Download Special: Battle Against Novel Coronavirus Five new cases infected with a "double mutant" of COVID-19 variant have been identified in the San Francisco Bay Area, California, CNBC reported on Thursday. The new cases were identified days after the area reported the first such case. The variant was first detected in India last month. It was dubbed "double mutant" as it carries two mutations of SARS-CoV-2 strains E484Q and L452R. These mutations are not new. The E484 was also present in the variant that was first detected in South Africa and Brazil. And the L452R mutation was observed in the U.S. and Europe, but the new variant carries both of them. "Something that has not been seen in other variants," the CNBC reported. It is suspected to be more contagious and reduce the effectiveness of existing vaccines. "We don't quite know that yet, although these mutations I've talked about have been associated with increased transmissibility," Dr Benjamin Pinsky, medical director of Stanford's clinical virology laboratory, which discovered the new variant in the U.S., said in the ABC7's show "Getting Answers" on Wednesday. "In fact, in India, this new variant accounts for 15 to 20 percent of cases in one particular state." It also remains unknown whether the vaccines will be less effective against the variant, but researchers have some information on experiments on the individual mutations suggesting that "antibodies will be less able to neutralize" the variant, Pinsky added. 17/04/2021 4:19 PM danial01 We will share out our view on stock that we look good at. And to those who wish to learn how we analyse a chart, may join our tlgram ch@nnel by search Bull Invests. 17/04/2021 5:50 PM gemfinder Tantora, y u so scared? R u 80 years old ahpek goingf to sell salted duck egg??? 18/04/2021 12:13 AM paliyahya Carepls ada nk bagi bonus isu ke? Ada link ke? Nk baca. Comfort ada nk bg warrant klu xsilap. 18/04/2021 9:30 AM pang72 Posted by pang72 > Apr 18, 2021 10:30 AM | Report Abuse X A lot of people miss understand that we support glove because wanna to see covid cases go higher!! This is a small portion of uneducated people who did not aware that glove is key ppe to fight for covid. What if the world without glove in one day? Will covid spreading 10x faster? Answers is YES!! TO help the word to fight for covid, we should own glove to to protect and support them to produce more gloves to fight the disease!! Hope everyobe to contribute to society to stop covid!! 18/04/2021 10:33 AM  CUTLOST Never disappointed in just 3 straight days.. Hope to buy back later at 1.50 19/04/2021 9:14 AM david01 We will share out our view on stock that we look good at. And to those who wish to learn how we analyse a chart, may join our tlgram ch@nnel by search Bull Invests. 19/04/2021 10:17 AM goodvibesonly stock was 3.82 just a few months ago. Rising Covid cases and upcoming expected positive results will catalyse this stock. Get ready for the ride ;) 19/04/2021 12:25 PM mf 19 Apr | 01:39pmFlash Malaysia scheduled to receive 500,000 doses of Sinovac vaccine... 19/04/2021 2:24 PM mf 19 Apr | 01:41pmFlash Malaysia to receive 177,840 more doses of Pfizer vaccine via... 19/04/2021 2:24 PM hahasong MrDIY good news . https://klse.i3investor.com/blogs/sinchew_company_story/2021-04-16-story-h1563364245.jsp 19/04/2021 4:23 PM  |
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