| Latest Forum Topics / UG Healthcare |
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UG Healthcare Corporation
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uiop1223
Supreme |
28-Jul-2020 08:36
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But they place restriction on this counter 🤷 ♂ ️
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den2328
Senior |
28-Jul-2020 08:35
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Fabulous!
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Weiwulah
Member |
28-Jul-2020 08:26
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From Philips Securities:
UG Healthcare Corp. ? Never say never to blue skies Recommendation: BUY (Initiation), Last Done: S$1.75 Target Price: S$2.70, Analyst: Paul Chew Pandemic has resulted in spot prices for gloves ballooning 5-fold. Order lead times have been stretched from one month to a year. Supply shortfall to continue until 2021. With its own branded gloves and distribution network, UG Healthcare should be able to monetize a larger share of supply-chain profits, starting from manufacturing to distribution Initiate coverage with BUY recommendation and target price of S$2.70. Valued at 15x FY21e PE, a 40% historical discount to peer on account of its smaller scale and size. Gogogo UG!! Chiong to $2.70!! :) |
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hokpin
Supreme |
27-Jul-2020 16:12
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Chiong liao!
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den2328
Senior |
27-Jul-2020 16:09
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Moving again | ||||
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SQueeze
Master |
27-Jul-2020 10:30
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We have a breakout. Thank god.  Let history of 23 June repeats.  Now should be in the new w2 retrace, and we should reach w3 around 189.  MasterYuan can update chart later once there is clarity on today' s movement. 
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lsyiat
Veteran |
27-Jul-2020 10:15
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BB believing on this stock should get the reward | ||||
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Fluffyclouds
Master |
27-Jul-2020 10:02
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People are coming to the sense and over with the phycological game of " selling fear" on the walls. No doubt gold and tech are good to have but one of the most important thing to move forward is GLOVE and PPE' s along with the VACCINNE. Hence its time to play only this counters.  MAI TU LIAO. NO $3 no go.
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pcxiao2008
Master |
27-Jul-2020 10:02
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moving slowly can...not so fast back to 1.90 range first  
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hokpin
Supreme |
27-Jul-2020 10:00
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Lai Liao, SGD 2.00 as first step! | ||||
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satruz
Master |
27-Jul-2020 10:00
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Finally running like it should 👍 | ||||
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Fluffyclouds
Master |
27-Jul-2020 09:57
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bruh, this one easily $3. if not for the pump and dump. watch this space.
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Sgvale
Supreme |
27-Jul-2020 09:53
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$2 lai lai | ||||
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pcxiao2008
Master |
27-Jul-2020 09:45
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tech show weakness,...money should be flowing back to medi stocks again...aim this... | ||||
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Fluffyclouds
Master |
27-Jul-2020 09:18
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Stellar performance soon to august result, my TP is $3.
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Sgvale
Supreme |
27-Jul-2020 09:04
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Result 2 weeks. Buy low
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Newbiehere
Member |
27-Jul-2020 08:51
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Newbie question here, if I buy contra and sell both today, will my Vickers buy limit get reset today or do I have to wait for T+3? Thanks in advance | ||||
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den2328
Senior |
27-Jul-2020 08:34
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Compared to a week before when there were more vaccine news and people were still worried from the selldown, I believe this week should have greater chance to be positive. | ||||
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SQueeze
Master |
27-Jul-2020 08:04
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Just sharing Master Yuan' s feedback on telegram chat ew UG Healthcare 1h descending triangle support 166 -if support break dn tgt 157 -next support 200 MA 148 resistance 50MA 171 - if this breaks up - new uptrend ew Essentially, UG is on tipping point. We don' t know which direction it will go.  I hope today we open gap up like on 23 June. It was also same descending triangle pattern for the 2 weeks prior to the rocket take off.  Without any specific news, it has not moved parallel to TG and RS, just not fundamentally right to be sold-off.  TP also still a good percentage ahead.  |
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Longtermer
Elite |
26-Jul-2020 18:35
Yells: "A disciplined investor is a wealthy investor" |
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UG likely will follow the earlier glove company results in the coming reporting season. Careplus just reported their results last Friday. Note that the company incurred RM5.7m loss for whole year 2019. Due to the pandemic, they make a huge reversal and in just one  qtr (Apr to Jun), profits soar RM36.3m ! Glove company really big huat.. Glove maker Careplus posts RM36.3mil Q2 profit as demand, prices soar KUALA LUMPUR: Glove maker    Careplus Group Bhd  turned a huge profit in second quarter ended June 30 boosted by strong demand worldwide for the protective gear. The number of Covid-19 infection worldwide continue to accelerate this week, with total confirmed cases rising above the 15.5 million people mark. Careplus said the global pandemic caused by the Covid-19 virus have created an exponential increase in demand for medical gloves which have benefited many manufacturers. For the three-month ended June 30, revenue climbed 37% to RM118.9mil, while net profit soared to RM36.3mi, or 6.7 sen a share. Careplus said its net profit was lifted by a one-time gain of RM15.4mil from the disposal of a 50% equity interest in wholly-owned unit Careplus (M) Sdn Bhd to Ansell Ltd. The deal was completed in May. " The average selling prices have surged during the pandemic period which is expected to continue until vaccines have been developed and administered globally," Careplus said in a filing with Bursa Malaysia today. It said while spot average selling price (ASP) remain high, the ASP for regular buyers is expected to increase in the coming quarter barring any significant change to current shortage of supply. " The Group therefore expects strong positive results in this pandemic period and beyond," Careplus added. Meanwhile, the worsening COVID-19 pandemic has accelerated the company' s plan to increase the production capacity. By end of this year, ten new production lines will be installed and commissioned, while another thirteen new production lines will be installed and commissioned next year. " This will nearly double the total production capacity from 4.1 billion pieces to about 8.8 billion pieces by end of 2021 barring any interruption," Careplus said. The Group will have a total of 50 production lines by end of 2021.
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