Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
When yesterday Careplus stop at 1.99, it is a sign that they purposely dont wanna cross the 2.0 support level as today will have a very mild retreat which is common for shares trading as short term traders will eventually take profit.
Looking at chart volumn, high percentage of the contra trader who obstruct the bull run have already sold their shares.
Hopefully Monday will cheers up as demand for Malaysia gloves is increasing more than 20% by week due to the worldwide widespread again. And witness from demand for gloves in China is increasing by 10-20% as well.
I predict due to global inflation and unjustifiable value of US & Europe currency due to massive printing of money, the price increased of gloves to commensurate with the actual value of stocks will happened indefinitely. This is nothing related to ASP but inflated market value & cost.
All this while, did you ever witness any drop in product’s pricing after it is inflated? Answer is no. So my predict for the next QR profit which is expected to be out by next Friday (23/7/2021) will still be high.
And news for Main Board listing will be out very soon. As I’ve mentioned previously, pp to Macquaire Bank is at a minimum floor price of 2.0. With all this add up, what do u think the price will head to?
Good news in, Macquaire Bank have subscribed 13 million shares in Careplus at RM2.00. Uptrend is intact. Do you know why suddenly they are so keen in subscribing to it now? Because exeptional QR is coming out, listing to Main Board, dividend and maybe bonus..
No buy sell call, your money your call.
I will cheers. Tq
No worry. Im holding at low and for long term. Wont be easily flush.. today is just the parliament flush.. u never see all the monkeys and boars shouting and fighting in the zoo…haha.. look at how all the pp is being rush out… this week if my predict correct, the qr out will be blast… tomorrow they might start collecting back heavily..
Be prepared Monday to collect.. If this weekend happened the termination and appointment of new premier, Monday will be in mixed sentiments and if favorable premier is appointed, it will fly the bursa. If still same bas***d and Parliament as usual, then the market will be flat..
Application to Main Board submitted on 29/7/2021. I believe since the QR did not out on July, it will be around 20 or 27/8/2021. By then it maybe double joy as Bursa might have approved the listing date most probably on September 2021.
Genetec profit 8mil can fly above 20… if Careplus profit 105mil, can fly how much ya? Next QR might also slightly the same profit. ASP already flattened.
@baymax is hard to say anything abt the glove right now. This quarter k+ close emco 3 weeks. This is real bisnes. Genetec financing profit more than operating profit based on report, nowadays love goreng nasi lemak win.
Today price fall is due to the never ending political struggle between the power crazy people.. if u have not enough support, move on. If u have support, go present it and dont only talk.. today will be the day to stop all this bullshit.
Thats what we call instability in politics will subsequently lead to instability in stock market. I guess now will be a flat movement until the new PM is officially appointed and hope this half-boiled changes in government will bring good to the country. Same wine different bottle only..
omg nowaday still got people link the case to the share price....if it wants to drop regardless how high of the daily cases..its all depend on the big operator la dailou hahha...
