KLSE: COMFORT (2127)       COMFORT GLOVES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
5.62   -0.65 (10.37%)  5.58 - 6.30  29,012,800
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Market Cap: 3,276 Million
NOSH: 583 Million
Avg Volume (4 weeks):66,368,521
4 Weeks Range:3.33 - 7.28
4 Weeks Price Volatility (%):
52 Weeks Range:0.605 - 7.28
52 Weeks Price Volatility (%):
Average Price Target: 2.48
Price Target Upside/Downside: -3.14
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Apr-2020 [#1]  |  12-Jun-2020
Next QR | Est. Ann. Date: 31-Jul-2020  |  26-Sep-2020
T4Q P/E | EY: 79.69  |  1.25%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.56  |  10.04
T4Q NP Margin | ROE: 7.56%  |  12.59%


Date Subject
06-Aug-2020 How much profit do glove makers need to sustain rally?
04-Aug-2020 上升股:Comfort手套 阻力RM8.15
01-Aug-2020 (Tradeview 2020) - Weekend Time (Q & A : 1st of August) Gloves Vs Vaccine
30-Jul-2020 Top Glove is very much under priced - Koon Yew Yin
28-Jul-2020 Top Glove will report unprecedented profit - Koon Yew Yin
21-Jul-2020 Top Glove, Supermax & Comfort: which is the best buy? Koon Yew Yin
20-Jul-2020 Price chart can help investors - Koon Yew Yin
20-Jul-2020 Stocks on Radar - Comfort Gloves (2127)
18-Jul-2020 Comfort: RHB OSK target price Rm 4.80 - Koon Yew Yin
16-Jul-2020 US Custom Border Protection (CBP) banned import of gloves from Top Glove Corp Of Malaysia - Koon Yew Yin
15-Jul-2020 To sell or not to sell glove stocks - Koon Yew Yin
15-Jul-2020 上升股:Comfort手套 阻力RM4.25
14-Jul-2020 Comfort Glove is playing catch up - Koon Yew Yin
14-Jul-2020 Comfort Gloves - Rising ASPs Lift All Boats; BUY
09-Jul-2020 Rubber Glove Sector - Set for Another Strong Growth Cycle
03-Jul-2020 COMFORT (2127) Detailed Analysis - Is it already overvalued? Buy or No Buy? Sell? - by Top 1 Analyst in i3investor BabyAce
03-Jul-2020 Trading Stocks- Comfort Gloves
02-Jul-2020 Comfort手套挑战RM3.46/敏源
30-Jun-2020 Comfort: What the Chairman said at the AGM - Koon Yew Yin
30-Jun-2020 Comfort AGM - Boon Keng

Business Background

Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. The company’s segment includes Manufacturing, Investment holding, and Others. The manufacturing segment is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises of investment holding and provision of management services. Its other segment is involved in the trading of latex gloves. The company has two manufacturing plant located in Simpang and Matang, Taiping.
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  22 people like this.
Masterwin Down trend confirmed
07/08/2020 5:00 PM
nicnic jiefu, back to work lo, dont keep reading blog here...LOLs
07/08/2020 5:04 PM
wjc4195 pussies run....good
07/08/2020 5:05 PM
WaAdaLui 559
07/08/2020 5:06 PM
Baby Shark TradeWise aiyo, drop abit start panic... its friday with profit taking ma, ppl want monies.. thats normal la, stop with your downtrend method la, u still continue buy in with low price what..
07/08/2020 4:56 PM

Agree with you.. but my pockets cebeh liau
07/08/2020 5:07 PM
genghis that rubberex very steady this days.i think they got gangster there.ha ha ha
07/08/2020 5:10 PM
TradeWise Comfort QR must be good as compare to careplus & his little brother Ruberex la, chill bros..ruberex havent remain 6.55 closing.. surely some player create panic sell ma.. collect cheap cheap ticket who dont want a.. happy weekend ! next week continue fly..
07/08/2020 5:11 PM
ccheinn one supermax drop 80cents get all the stock drop, geng ... why the pandemic still around....
07/08/2020 5:13 PM
Aurora13 Blood is everywhere today, but downtrend is normal and temporary usually... Look at the past two months at the glove counters
07/08/2020 5:23 PM
MasterYoda Some people will never learn anything, for this reason, because they understand everything too soon.
07/08/2020 5:26 PM
Wukong Sell sell sell
07/08/2020 5:38 PM
goldenmamba Heard the good news is bonus issue
07/08/2020 5:58 PM
limkokthye https://news.cgtn.com/news/2020-08-07/Six-COVID-19-vaccine-candidates-in-phase-3-trials-3-from-China-WHO-SKLR0O8auQ/index.html
07/08/2020 7:17 PM
MasterYoda Over-confidence is the way to give your soul to the devil an inch at a time
07/08/2020 7:21 PM
loquezila holding comfort with 141% unrealized profit.. still have my soul
07/08/2020 7:56 PM
Kevin Tam Kossan n Supermax quarterly report will be out soon n it looks like investors n buaya supporting Top 4 prices since Harta reported not so good quarterly profit.... Comfort n Careplus may face selling of shares again coz both counters have gone up faster than Top glove ... be cautious mode for the 6-7 glove counters...
07/08/2020 10:59 PM
MasterYoda Only HLT and Careplus is undervalued from current price,all others is too overvalued.
08/08/2020 3:28 AM
KK Agreed with MasterYoda as Careplus just acquired a land comprising 2 factory lot to house 15 production lines to cater for a double output production . Additionally Director off market deal at 5.20 per share clearly spell out his opinion on the value of company.
08/08/2020 8:53 AM
Collect Is this a joke? HLT is not even a glove manufacturer; while Carepls being the smallest player in the glove counter at the beginning of the year has a rally of 3000% as compared to its peers, speaking of undervalue? LMAO
08/08/2020 9:20 AM
jueblue all gloves are overpriced..just like buying a perodua viva at the price of Mercedes..PE more than 100.. nonsense..all gloves waiting to explode
08/08/2020 9:23 AM
KK Compare to HLT and Careplus, I am more optimistic on Careplus as production volume will be increase to 8.8 billion eventually
08/08/2020 9:53 AM
KK U won't be surprise one fine day Careplus price will overtake comfort with the increased in production output
08/08/2020 9:55 AM
moven00 1996 euphoria....ramai pi Pasaran Saham. Member ku jugak tak ketinggalan. Kami semua kalah teruk lepas collapse july 1997. Aku Rugi RM30K. Duit menang RM20K pun lesap. Berhati hati lah kawan-kawan.
08/08/2020 10:45 AM
Goldberg https://klse.i3investor.com/blogs/freetospeak/2020-08-07-story-h151158...

Comfort's management need emulate the " New Normal" .
08/08/2020 10:48 AM
wallstreetrookie next week Carepls/Comfort/Adventa/LKL all go up. This is healthy correction. Congrats!!! Gold price drops. People come back with huge profits from goreng stocks to this fundamentally strong counter.
Stocks on watchlist:
1. Carepls (Glove)
2. Adventa (Glove + Healthcare)
3. Comfort (Glove)
4. LKL (Healthcare)
08/08/2020 11:11 AM
KK Good one, add more Careplus on promising growth expansion theme.
08/08/2020 11:22 AM
MasterYoda Collect do more research on HLT,clearly you are misinformed :)
08/08/2020 11:30 AM
KK HLT export alot to Taiwan and Careplus alot to Brazil and currently applying FDA approval. So with limited capital will bang into Careplus
08/08/2020 11:41 AM
Datuk_Ma If refer to technical chart, the support line is at rm5.60,,the it may take 2-3days to reach rm6-7...
08/08/2020 12:14 PM
itch Corrections about over, time to move up next week!
08/08/2020 2:32 PM
Terrenceyeo Phase 3 trials for vaccine means , it wil have estimately 6 months before it gets approved . Glove rally will stil continue .. ntg to be panic about people . As bill gates has js said .. it wont be as early as 2021 based on prediction .
08/08/2020 3:12 PM
kelvin17 be careful glove stocks are over price , cannot be for just 2 weeks from 3 plus to 7 plus , where got business suddenly so good ?? ..
08/08/2020 4:49 PM
frank74 Kelvin17, I appreciate your statement. However, can you share with us some facts rather than an anecdotal comment. We are, after all, living in unprecedented times. Eg. Is it a myth that demand is outpacing supply? Is it a myth that the waiting list is now 10-12 months long? Is it a myth that glove prices are three to five fold higher? If you have points that show that the price movements are indeed unjustified, then I will definitely agree with you. However, for now I’ll look at it with an open mind.
08/08/2020 5:05 PM
qwerting1 Adventa is the real undervalued company. It can be considered as brother with topglove
08/08/2020 6:34 PM
stockexchange adventa has no more glove production line.
08/08/2020 6:39 PM
MasterYoda Switch to Careplus and HLT bc got more room for growth and currently still undervalued,top 4 is a time bomb.
08/08/2020 7:45 PM
Lowprofile2020 Masteryoda, i remember last week u commented in hlt and careplus that both need take profit and run d wor. Why now blow different wind, mind share ur view
08/08/2020 10:03 PM
kelvin17 frank74, i fully support your view , and i believe all your information are true and know by all the people all the times many weeks ago , nothing new . but the sudden increased in price is too out of proportion and this is the concern
08/08/2020 10:18 PM
silversurfer96 you guys can speculate as much as you want however - Consider the current situation
1. Covid 19 cases worldwide is not easing down - with flu session coming in US, it is expected to hit worst.
2. Malaysian cases is rising as well - read about 2 school being closed down now. i even know that KKM is on highest alert for another wave of infection coming from super spreader strain from sivagannga cluster.
3. Vaccine - yes, we all hope for it but the truth is that every country will announce something, but read what WHO says about it (https://www.cnbc.com/2020/08/06/who-says-the-late-stage-coronavirus-trials-dont-mean-a-vaccine-is-nearly-there.html)

im not saying that GLOVES is king but it is the only company that can show profit being 100% QoQ. Imagine the profit stream from July to Sept - considering where we are right now (infection worldwide reaching 18mil on end july while end june it was 10mil - Thats a 80% increment over 1 month).
08/08/2020 10:39 PM
loquezila vaccine could be ready at the end of 2021.. hope it will go faster early 2021 so the distribution can reach us mid year. 2020 still a year of rubber glove & ppe
08/08/2020 10:56 PM
KK Think logically

How to cash out careplus and buy Supermax ?

Careplus is Rm4.30
With production doubling from
4 billions to 8.8 billions by end 2020

So can we expect Careplus to at least double to Rm8.60?

Now Supermax about Rm22.00
If double it will be Rm44.00

Careplus being smaller is more agile and nimble while Supermax would have grown to be super sized like an elephant

Think a cheetah better in running or an elephant ?

I have both Supermax and Careplus and on Monday I will still prefer to buy more Careplus anytime at Rm4.30 then chase Supermax over Rm22

Again I am not here to tell you to buy or sell careplus

This is only to throw some light in view of what we can see overall
08/08/2020 11:02 PM

Carepls is trading in bearish reversal after top high at 5,80 on 3/8/2020, when a bigger correction in zig-zag A-B-C (5-3-5) wave is developed. The decline which we are seeing from 4,68 can be a bigger impulse in the making (a five-wave move) of correction wave >C<, which can still see more weakness, as the price has still not unfolded its temporary pullbacks. We are talking about a sub-wave III correction, which can now be underway, and can look for support and a new turn higher at the 4,10 - 4,25 zone. That said, trade on the later rise above downtrend channel from the support area would confirm a completed wave III and further upside in sub-wave IV to resistance target at horizontal neckline 4,68 level.

However, a sharp rebound from the mentioned support zone with breakup the strong resistance neckline 4,68 level, and in five waves of a lesser degree would indicate a completed wave >C< correction, in which a fresh new bull uptrend to be underway.

Huat Huat ARRRRR!! Trade Well and Stay Cool!!!!
08/08/2020 11:09 PM
Kevin Tam Actual fact is careplus the most overvalued then Harta n Supermax.... Comfort got better value than careplus ; careplus last quarter result of Rm35 mil ( 15 mil was from one off profit from sales of 50% of a subsidiary).... experienced retail investors should have doubt how a tiny glove manufacturer able to post Rm20 mil profit wherea its average profit per quarter only about 1 mil or even lesser in previous year....:)
08/08/2020 11:25 PM
MasterYoda “If everyone is thinking alike, then somebody isn't thinking”
08/08/2020 11:35 PM
MasterYoda "Gloves will rise even further."
08/08/2020 11:38 PM
MasterYoda Wah looks like i got follower now,this fake master yoda above is trying to confuse people,trying to intimidate me ah ha ha,try harder pls bc i am enjoying it very much ha ha
09/08/2020 1:23 AM
MasterYoda Kevin Tham go back to which ever school you come from,you really need it very much ha ha
09/08/2020 1:25 AM
Wukong Comfort下周跌破5块
09/08/2020 8:53 AM
stockraider Look at this important information loh...!!

The previous gloves price run up almost habis cerita in almost 1 year b4 even the vaccine came out, the same story may impact the current gloves run up mah...!!

The current covid19 story started in Nov2019...now August 2020..there is just another 3 months to go loh...!!

Potential Answer?

As a concerned investor pondering the abovementioned questions myself, I did some research to look at the impact of vaccine approvals/introduction on glove stocks during the most recent major pandemic i.e. 2009/2010 H1N1 pandemic which lasted from April 2009 to August 2010.
Based on the research on the H1N1 pandemic, there are two key findings that may help us answer those questions above:
​Glove stocks continue to climb despite vaccine approvals (at least 5 vaccines approved between Sep-Nov 2009) as well as mass production and availability of vaccines to the overall population (end 2009).
Glove bull run finally ended with the WHO announcement of the end of the 2009 H1N1 pandemic (11 Aug 2010)
09/08/2020 10:04 AM
foongkitmun https://www.scmp.com/news/china/science/article/3096578/coronavirus-vaccine-will-not-be-magic-bullet-scientists-warn
09/08/2020 10:28 AM

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