Studying Careplus
I made this just to anticipate the next move for Careplus using very basic trend analysis.
Careplus latest QR published on 23rd Oct 2020;
Revenue: RM122m (highest revenue so far)
Profit After Tax: RM42m (highest profit so far)
Market Cap: RM1.7b
EPS: RM0.15
Positive Catalyst: Uptrend Covid-19 cases worldwide, short of gloves supply worldwide, secured gloves booking for 2021 with current capacity, sustainable ASP at least until end of 2020, private placement RM3.60 for production expansion.
Negative sentiment to watch out: US Presidential Election, Malaysia Budget 2021, national political turmoil.
Careplus latest QR published on 23rd Oct 2020;
Revenue: RM122m (highest revenue so far)
Profit After Tax: RM42m (highest profit so far)
Market Cap: RM1.7b
EPS: RM0.15
Positive Catalyst: Uptrend Covid-19 cases worldwide, short of gloves supply worldwide, secured gloves booking for 2021 with current capacity, sustainable ASP at least until end of 2020, private placement RM3.60 for production expansion.
Negative sentiment to watch out: US Presidential Election, Malaysia Budget 2021, national political turmoil.
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