NOW SHOWING: The Trilogy of FAST & FURIOUS Shows, PART 5 ESCERAM (0100) ES CERAMICS TECHNOLOGY BHD
WHO announces COVID-19 outbreak a pandemic
As World Health Orgnization (WHO) announced Covid-19 outbreak as a pandemic, glove stocks naturally became attractive to KLSE investors.
Followed by healthcare related equipments such as face masks, PPE, hospital beds and inter-related medical equipments and finally the most offensive products are
(i) Sanitizers.
(ii) Glove Hand Formers / Moulds for production of gloves .
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ES CERAMICS TECHNOLOGY BERHAD.
ESCERAM (0100)on More than 3hin 15 years
CORPORATE PROFILE
Since 1998, from its humble beginnings in Ipoh, Perak, ES Ceramics have grown to be known as one of the main quality producer of ceramic formers subscribed by the glove industry throughout Malaysia. In 2005, ES Ceramics was the first and only handformers manufacturer listed in the
ACE Board of Bursa Malaysia Securities Bhd. and remains listed until today.
ES Ceramics started with producing formers for examination gloves. Today we have expanded our formers range to surgical, household, industrial, balloons and speciality formers - endorsed and supported by our French technology partner, COQUET, who are masters in household and industrial formers, with more than 50 years of designing experience; supported with a background of solid reputation for creative and practical design and quality control solutions.
ES Ceramics today has successfully grown to be a heavyweight former manufacturer in Malaysia and also operating in Southern Thailand with its own manufacturing plant.
As we advance forward, innovation and automation are the key areas of our focus.
PRODUCT RANGE
Examination Formers
Need Assistance?
Please call us at
05-5283041/ 3042/ 3120
or send inquiry to our email at
mkt@esceramics.com.my
Quality Awards & Certificate
LIMIT UP!
MOST UPSIDE POTENTIAL STOCK.
A LOOK BACK AT SARS
ISSUED : 28 JANUARY 2020
BY sharetisfy.com
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Hi to all investors and traders!
Today I would like to share my thoughts to the following counter:
ES CERAMICS TECHNOLOGY BHD or ESCERAM
Today I would like to share my thoughts to the following counter:
ES CERAMICS TECHNOLOGY BHD or ESCERAM
(Code 0100, ACE Market, Industrial Products & Services)
1. ABOUT ESCERAM
Their website can be referred at http://www.esceramics.com.my/
Some Description of the products:
The usage of the ceramic hand formers sets it apart from the conventional ceramic products. Ceramic hand formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves, the formers need to have a high degree of resistance to industrial chemicals, exceptional mechanical strength, high thermal shock resistance & a very narrow range of dimensional fluctuations. Therefore, a substantial amount of raw materials in use to produce the ceramic formers are also raw materials for advanced ceramics. All these requirements differentiate the ceramic hand formers from other ceramic products. This needs to be applied under very complex processes to produce the end products that are important to produce various types of gloves like medical glove, surgical glove, industrial glove and household glove. Subsidiary:
2. Why Esceram?
By looking at VIS(0120) which keep breaking high, I actually would like to find a stock which is support by fundamental and technical like VIS, it is better if it also fulfill the market sentiment pick, here is the requirement:
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Consecutive QR improvement (a come back), have dividend, potential heading to a price breakout, with an uptrend.
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Technical Rebound, a Cup with U shape turning up and breakout.
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Right Sentiment, the recent hot topic is about the WUHAN Coronavirus, it is good if the business can get advantage from it.
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ESCERAM(0100) actually fulfills all the requirements above! I shall show to you why.
3. Result and technical charting
First we look at the result of ESCERAM, the recent 3 QR it made improvement and show the signal of come back, the stock price should start to rise in response to these results.
Also, one of the major Shareholders actually kept buying the share over a year, see the difference from Annual report 2018 and 2019, if the future is bad, why do the Shareholders increase the shares?
Now we look at the chart, the share price fall from 0.6 to 0.15 for the past few years, and now starting to rise to 0.26, this forms a CUP with U shape turning uptrend, once breakout 0.3 it will fly very high. With result and technical support, the price is still considered very cheap and undervalued, it should trade at a higher price.
4. Sentiment Analysis and the History of SARS
The WUHAN Coronavirus/Covid 19
is the recent hot news, it is very similar to the incident of SARS happened during 2013, this WUHAN corona virus has the average 10 days incubation period, because of this incubation period, the outbreak is just the beginning, you can refer to the data below retrieved from the website of National Health Commission of the People's Republic of China, the data show that the number of new patients added actually rapidly increase, the worst is yet to come, and will be getting more serious in the coming months.
Data from: National Health Commission of the People's Republic of China. http://en.nhc.gov.cn/
So how did the glove stocks performing during the SARS incident happen in April 2003? We will study the BIG 3 glove stocks in the market, TOPGLOV (7113), KOSSAN (7153), and SUPERMX (7106). The HARTA (5168) still is not listed during 2003, so we exclude it. I will give you the summary, you can also refer to the charts below:
During April 2003 – Dec 2003
So how did the glove stocks performing during the SARS incident happen in April 2003? We will study the BIG 3 glove stocks in the market, TOPGLOV (7113), KOSSAN (7153), and SUPERMX (7106). The HARTA (5168) still is not listed during 2003, so we exclude it. I will give you the summary, you can also refer to the charts below:
During April 2003 – Dec 2003
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TOPGLOV – From 0.07 up to highest 0.215, 200% gained!
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KOSSAN – From 0.07 up to highest 0.145, 111% gained!
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SUPERMX – From 0.135 up to highest 0.370, 168% gained! (share split)
And to mention, entering into the year 2004, the stock’s price for these 3 stocks still continue to rise, so what is the price now for the 3 stocks closing at 24 JAN 2020? You can calculate the % gained!
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TOPGLOV – Closing RM 5.54
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KOSSAN – Closing RM 4.75
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SUPERMX – Closing RM 1.61
Before the SARS they were all small caps with average 10 sens for the stock price, because of the SARS incident the price started to move during 2003, and grew until now which is one of the BIG 4 in the industry.
Thus, for this WUHAN Coronavirus,Covid 19,
Thus, for this WUHAN Coronavirus,Covid 19,
it is also possible for small cap glove stock to take advantage to expand the business, before and during the 2003, the KOSSAN, SUPERMX and TOPGLOV all have some result supported, you can refer the QR below which retrieve from KLSE screener, it is clear that the result show improvement of the business.
CAREPLS(0163) and ESCERAM(0100)
CAREPLS(0163) and ESCERAM(0100)
are 2 ACE market counters related to glove, both are small cap stocks, I strongly believe and is confident that ESCERAM will be the pick because it just deliver good result last week
5. CONCLUSION
For all the reasons above, I believe ESCERAM will be the best pick for the future, the QR improving, technical uptrend, and if you look at how SARS bring up the BIG 3 of glove stocks, TOPGLOV(Rm0.07 to 5.54), KOSSAN(Rm0.07 to 4.75), SUPERMX(Rm0.135 to 1.61),
5. CONCLUSION
For all the reasons above, I believe ESCERAM will be the best pick for the future, the QR improving, technical uptrend, and if you look at how SARS bring up the BIG 3 of glove stocks, TOPGLOV(Rm0.07 to 5.54), KOSSAN(Rm0.07 to 4.75), SUPERMX(Rm0.135 to 1.61),
sadly ESCERAM listed on 2005 which is after the SARS incident and can not enjoy the share price rise at that time, so this current time it is the big opportunity for ESCERAM and also for all the investors
, TP1 = RM 0.50,
TP2 = RM1.00 and above.
At this time of writing as at 28 January 2020 , the closing price for
E S Ceramics /0100 is RM 0.35
Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION ARTICLE AS A SHARING TO BSKL COMMUNITY MEMBERS.
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DISCLAIMER : Investment involve risk, including possible loss of principle and other losses. This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in soe of these instruments. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. If investment and other professional advice are required, the services of a licensed professional person should be sought.
SEE RESEARCH
(SENSING EAGLE EYES RESEARCH)
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As rightly stated by sharetisfy.com on his blog posted out 28 January 2020 ,
at that time was RM0.35
First target ------ RM0.50
Second target---- RM 1.00 and above.
Of course , most of the investors, at that time - on 22 January 2020
claimed that the 2 target prices are just “ wild dream “ and not able to achieve successfully,
Much to their surprise, the first target already achieved as the closing for 12 June 2020 is RM0.525.
As for the second target prices –RM1.00 and above will be able to be achieved sooner than the majority of the investors thought otherwise,
on the way for limit up ( + RM0.30 )
Just like the ferocious bull that charged and hurdled on the King of the jungle -the Lion King.
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Remarks
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Low of 2020 = RM 0.14 / 19 March 2020
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High of 2020 = RM 0.725 / 1 June 2020
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Closed : RM 0.525 / 12 June 2020
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REASONS
MOST OF THE RUBBER GLOVES FACTORIES, LOCATED IN MALAYSIA
ARE IN THEIR FULL CAPACITY FOR THEIR RESPECTIVE PRODUCTIONS,
ADDING NEW LINES,
ADDING, BY EXTENDING NEW FACTORIES SPACES FOR PRODUCTIONS
NEW FACTORIES ARE READY FOR NEW PRODUCTION, EXAMPLE RUBBEREX CORPORATION (M) BHD.
WHO THEY WILL PURCHASE THESE HAND FORMERS?
OF COURSE, THE ONLY ONE, ESCERAMICS/0100 LISTED IN KLSE
