CAREPLS 0163
| PREV | CLOSE | CHANGE | HIGH | CLOSE |
|---|---|---|---|---|
| 2.470 | 2.630 | +0.160 | 2.650 | 2.480 |
| VOLUME | BUY VOL | BUY | SELL | SELL VOL |
|---|---|---|---|---|
| 334,286 | 383 | 2.620 | 2.630 | 1,261 |
52 Weeks Range : 0.15 - 5.83
4.2/10
(Expert Score)
Product is rated as #48 in category ACE Market
PROS:
- Positive Cash Company
- Very High Trading Value
CONS:
- Poor Income Near Future
- Very Low Price-to-Tangible
klse: Careplus Group Bhd
Corporate Information
Board : Ace
Shariah : Shariah Compliant
Sector : Apparel Rubber Healthcare Gloves
Address: Senawang Industrial Estate Lot And 121, Jalan Senawang 3, Seremban, 70450, Negeri Sembilan
Contact: +606-6772781
Website: https://www.careplus.com/
Corporate Background
Careplus Group Berhad is an investment holding company. The Company’s subsidiaries manufacture, process, and trade gloves, including latex, nitrile, and vinyl gloves. Careplus Group also provides other disposable protection products such as facemasks, respirators, gowns, and caps.
Specification: CAREPLS 0163
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 23/10/20 | 122,705 | 49,733 | 42,856 |
| 24/07/20 | 118,898 | 38,119 | 36,212 |
| 05/06/20 | 104,696 | 1,206 | 1,141 |
| 16/03/20 | 108,727 | -272 | 783 |
| 06/11/19 | 84,339 | -6,294 | -4,936 |
| 23/08/19 | 86,898 | -2,161 | -1,961 |
| 24/05/19 | 85,149 | 795 | 363 |
| 26/02/19 | 89,979 | 401 | -1,685 |
| 19/11/18 | 89,432 | 3,583 | 1,171 |
| 07/09/18 | 80,452 | 849 | -684 |
| 28/05/18 | 78,848 | 1,259 | -225 |
| 26/02/18 | 76,001 | 1,325 | -822 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 455,026 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | 80,211 |
| Last 4 Quarter EPS (sen) | 15.06 |
| Last 4 Quarter PER | 18.04 |
| Last 4 Quarter Dividend (sen) | 0.50 |
| Last 4 Quarter Dividend Yield (%) | 0.19 |
| Net Tangible Assets (RM) | 0.18 |
| Goodwill (RM) | 200 |
| Cash (RM’000) | 46,720 |
| Debt (RM’000) | 35,450 |
| Total Debt (RM’000) | 95,720 |
| Net Assets (RM’000) | 185,370 |
| Current Ratio | 0.87 |
| Quick Ratio | 0.56 |
| Cash Ratio | 0.07 |
Technical
Technical Analysis
| MACD (26 vs 12) | -0.017 |
|---|---|
| Exponential Moving Average 5 | 2.446 |
| Exponential Moving Average 20 | 2.467 |
| Exponential Moving Average 90 | 2.659 |
| Relative Strength Index 14 | 0.62 |
| Stochastic %D 3 | 0.39 |
| Stochastic %K 14 | 0.44 |
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CAREPLS 0163
| PREV | CLOSE | CHANGE | HIGH | CLOSE |
|---|---|---|---|---|
| 2.470 | 2.630 | +0.160 | 2.650 | 2.480 |
| VOLUME | BUY VOL | BUY | SELL | SELL VOL |
|---|---|---|---|---|
| 334,286 | 383 | 2.620 | 2.630 | 1,261 |
The Edge –
Rubber glove counters were among the top losers this week, amid news of potential roll-out of vaccines next year, which had somewhat dampened the optimism on these manufacturers’ earnings prospects. The smaller rubber glove players were also among the decliners, with Careplus Group Bhd falling 20 sen.
The Edge –
Rubber glove manufacturer Careplus Group Bhd returned to the black in its 3QFY20 with a net profit of RM42.86 million, from a net loss of RM4.94 million a year ago, thanks to higher glove sales, higher utilisation rate and higher selling prices as a result of a surge in demand due to Covid-19. Careplus’ net profit for the quarter also included the 50% sharing of profit earned from the joint venture between Careplus M Sdn Bhd and Ansell Services (Asia) Sdn Bhd. Quarterly revenue jumped 45.49% year-on-year to RM122.71 million from RM84.34 million, on the back of higher selling prices and better capacity output.
BURSA MALAYSIA –
The Group recorded an increase in revenue of RM3.8 million or 3.2% from the immediate preceding quarter. By comparison, the Group’s PBT and profits attributable to the owners of the Company only increased by 30.47% and 18.35% respectively. In the immediate preceding quarter, the Group recorded a one off gain of RM15.4million from the disposal of 50% equity interest in Careplus M for the Joint Venture with Ansell. Excluding this one-off gain, the PBT from operations would have shown an increase of RM27.0 million as a consequence of significant improvement from operating profit.
The Edge –
Glove counters were among the top gainers on Bursa Malaysia in the morning trade session today as demand for gloves continued to rise amid a surging number of Covid-19 cases. Careplus Group Bhd rose 4.3% or 16 sen to RM3.88.
The Edge –
Shares of rubber glove makers continued to be among the top gainers this week as Malaysians faced a week of rising COVID-19 cases that the Health Director-General Tan Sri Dr Noor Hisham Abdullah said could be the beginning of a new wave of infections. Though not among the top gainers, Comfort Gloves Bhd and Careplus Group Bhd also saw gains this week, with the former rising one sen or 0.26% to RM3.90 while the latter closed the week up 15 sen or 4.72% to RM3.33.
The Edge –
HLIB Research’s Aug 18 note shows that sectors that have the highest share of retailers by average daily trading value (ADV) for the first seven months of the year are industrial products and services (21.6%), healthcare (19.5%), technology (16.2%), consumer (12.5%) and energy (7.3%). During the period, the top 10 retail counters include Careplus Group Bhd.
BURSA MALAYSIA –
The Group recorded an increase in revenue of RM14.2 million or 14% from the preceding quarter due mainly to the 5% increase in sales volume for the current quarter. The Group’s PBT and profits attributable to the owners of the Company has increased significantly by 3,061% and 3,074% respectively which were due to better capacity utilization, higher selling price, efficiency as well as a one-off gain of RM15.4 million from the disposal of 50% equity interest in Careplus M shares for the Joint Venture with Ansell.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 2.26 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 47.5 million and auditor’s remuneration of 182 thousands
BURSA MALAYSIA –
The Group recorded a decrease in revenue of RM4 million or 3.71% from the preceding quarter due mainly to the 3% decrease in sales volume for the current quarter. The Group’s PBT and profit attributable to owners of the Company has improved significantly, with increased by 543.38% and 45.72% respectively which were contributed by better capacity utilisation and higher average selling price.
INVESTING MALAYSIA –
5 MAR 20 – Careplus Group Bhd has determined the final disposal consideration for its 50% stake in loss-making subsidiary Careplus (M) Sdn Bhd (CMSB) at RM26.97 million, versus its previous indicative consideration of RM26.81 million.
Investing Malaysia –
Average investing volume for Careplus Group Bhd in the past three months in stock market was 8724k lots
Investing Malaysia –
CAREPLS gets a score of 7.22 in our equity and assets quality test based on current share price of RM0.25
Investing Malaysia –
Careplus Group Bhd gets a score of 5.08 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 0163 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
CAREPLS is forecasted to made loss of 2.58 millions, with an adjusted market capitalization of 130.18 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 2.17 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 40.9 million and auditor’s remuneration of 177 thousands