It should continue to be good at least until this Friday, when the 4th AGM is held.

Looks like it is on the way up again today.

The AGM coming up soon ( if I remember correctly) so we are likely to see it trending upwards rather than downwards. I see it as an opportunity to make extra from the short term gains.

It's continuing with the upward trend. Just enjoy the ride.

@Faritfet RM546 mil is what they have in the bag. I am confident the mgt will be successful in getting more orders in the next 8 months of 2022. So the revenue for 2022 is likely to at least 30-40% higher than 2021. At the height, the price was about RM7.60. It does not make sense for the price to stay at this level of RM4.00. With expected increasing quarterly revenue ( and profit ) the price can only go up from now to end of 2022.

@Faridfet, you are spot on.
Anyone who calls a sell on this counter now must be " off his/her mind".

Looks like the uptrend will continue this morning. Hopefully it hits RM4.20 by midday break.

RM4.04 now. Good chance it will hit RM4.10 by 4.45 pm today. And tomorrow? Maybe RM4.25 -RM4.30?

It looks like it will close higher than RM4.10 today.

With the revenue in 2022 likely to be at least 25% higher than in 2021, I doubt the price will stay this low for long. I am not surprised if it comes back strongly with the expected good quarterly results coming out soon. I strongly believe going back to RM5 per share by next month should not be too much of a problem.

On the uptrend again.

Comfort share price kaput so fast. Looks like the uptrend is not sustainable.

Greatec should hit RM5 by midday.

If I remember correctly, the production space will increase by about 300% by end of 2022. What does that mean? The mgt is targeting an increase in the business volume by that %. In 2021 the turnover was abt RM420 mil and the mgt is now looking at a significant jump in turnover to some RM1.2 billion in the future. When? Its for you and me to speculate!! Some hard working people may wish to take the trouble to find out.

What are the chances that the mgt announce the getting of another supply contract sometime next month?

It took less than 3 weeks for the share price to drop from RM6.50 to RM2.85 without any correction in between.

Now that it has turned, what is stopping it from going back to RM6.50 within 3 weeks? I am just as happy even if it takes twice as long I.e. 6 weeks.

The rebound should be sharp simply because the fundamentals of the company have not changed.

Greatec has been paying my bills last 2 weeks and I have no doubt that this will continue for many months to come.

Still not too late to buy if you haven't bought yet except that you will make less compared to if you had bought it yesterday.

The revenue for 2022 is likely to be at least 25% higher than 2021. It is obvious that the profit for year 2022 is going to be more than the year 2021. If we assume the same PE multiple as when the share was traded at RM7.60 then you can tell roughly what the price will be like based on the improved profit level for 2022.

Looks like profit taking on Greatec is a mild one. It's an opportunity for those who did not buy last 2 weeks to top up now. This is just my personal view.

There is a slim chance it may hit RM5 before 4.45pm today. Sold at RM4.60 early this morning and bought back at RM4.61.

PE multiple of Greatec is low compared to other tech stocks. It makes sense to buy when it is relatively cheap.

There is a chance that the next qtr results are impressive so some people may just bash down the prices to buy cheap and when rhe results are out they will push it up to sell. This is quite a common trick. If you believe and have confidence in the long term of the company, you can still sleep well.

The results for 2022 are likely to be better than 2021. It does not make sense for the price to drop this much. I believe some people are forcing it down to buy cheap.

Maybe shld collect anything lower than RM5.70

Health sector is back in the limelight again. It looks like investors are selling out on many other sectors and piling up on glove counters. Comfort is still the one with the lowest PE multiple of only 1x.

If the volume traded on the mother share and WB today continues at the same level tomorrow then we are likely to see a big jump in their prices next few days.

Those who cut losses on glove counters plus all the pessimists must be kicking themselves today. Those who did nothing must be feeling good over this weekend. And those who were brave enough to buy last few days are the "heroes" of the game.

One needs to be steel-hearted to stay alive in the stock market and the steep fall in glove stock prices last 2 months was a real test to all the market players.

Danny, the strong believer in Comfort, can start to smile again.

The good old days are coming back.......and with the lockdown over many can go out to dine and start celebrating again.

Looks like market players are moving put of other sectors and buying up glove counters.

Good for a change.

It's a cornered stock. They can push it up or down at their whim and fancy. If you can afford to leave your stocks there then it is OK. Otherwise you have to monitor it all the time.

It looks like they will push WB price first before the mother share price. Just watch closely.

Year-end window dressing is coming up. Generally stock prices will go up for " dressing-up purposes ".
Because share prices are very low especially glove stocks, there is a good chance their prices will be pushed up especially Comfort mother share and WB.

This is just my personal view. Nothing more than that.

It looks like there are not many weak holders left for Comfort mother and WB. It makes no sense for the syndicate to push the prices lower cos there are not many who are selling at these prices.

The next best thing is for the syndicate to push the prices up to off-load and realise their profits.

So if you have not bought them to average down your cost, I believe there is no better time than now.

I believe it is not difficult for the mother share price to double when the PE multiple is currently only 1.2x.

Remember that it is in the interest of the company to see the mother share go beyond RM2.30 as that is the conversion rate for the WB to mother share.

The company stand to collect RM400 million if the holders of WB convert them to mother shares.

Looks like the happy days for Comfort mother and WB are back again. WB close at the high of 26.5 cents. The signs are that it will go higher tomorrow. The mother share will follow.

So it is on the way up, both mother and WB.

Almost a certainty that it is on the way up. The volume of more than 6 million units done for WB says alot. Looks like the last chance to average down is until 4.45pm today.

Good luck to all. And have a pleasant weekend.

So the run has started.

Hopefully we have seen the worst of Comfort mother share and WB prices. Looks like the weak holders are all out by now. We should be seeing the prices moving up again.

It looks like the worst is over on the massive selling of Comfort mother and WB last few days.

I strongly believe the buyers of the mother and WB are the people who know the game plan of the company and these people have the holding power. There are only abt 580 million shares and it is a cornered stock.

The NTA is now higher than the market price and it shld not stay that low for long time, especially when it is a very healthy company.

If you know what you are in for and believe in the fundamentals of the company, these should not disturb your sleep.

Have peace of mind.

Do you call this a laughing stock? PE multiple of 1 ( only one).

Those who switched from mother share to WB fast enough they got away with minor scratches only and that is only if they switched out very early.

For the rest, it is a waiting game.

580 million issued Comfort shares is not a large number compared to Supermax or Top Glove. I still feel that this is a cornered stock and when the major shareholders decide to play it up then everyone in this room can get better prices.

There is still a glimmer of hope. Nothing is dead yet.

Mother and WB are moving up fast. I believe people who are in the know are buying up now. It looks like the qtr results are likely to be better than expected. That explains why the mother and WB are moving so fast now.

It looks like WB is recovering much faster than the mother share.

The PE multiple of Comfort is unrealistically low. It shld not stay at this price for long. Only investors who don't understand what is meant by " over-sold" are selling today. I am pretty sure they will NEVER get back this price in the future.

Only the steel-hearted investors are brave enough to pick it up.

I strongly believe people who are in the know of the operations in Comfort are happily buying up WB because warrants tend to rebound faster than the mother shares.

I believe the latest quarterly result are not as bad as what many out there have assumed.

This is only my view and is not a recommendation to buy or to sell.

Jolow: by the look of it, it seems some people are trying to push up the WB prices in the later part of the afternoon, especially towards the end of the trading hours.

Canbuyla: most of the time big players, no matter who they are, don't paint the correct picture. They tend to paint " the opposite picture". Have to be careful and watch where you are going.

In the market place it is like finding yourself in the jungle with wild animals all around you but you can't see them. You never know which animal will come for your legs, arms, head and body. And soon there is nothing left of you. You go missing, bro!

But it is nice to be in the market if you are seeking some fun out of writing like me but again you have to watch your steps all the time.

Buying of WB appears to be very strong this morning. It's up 12% already.

I have this strong feeling that the quarterly results that are coming out are not likely to be that bad as to cause Comfort WB to fall by 30% over the last one week.

I believe some people took advantage of the initial panic selling by forcing the WB price down sharply so that they can buy them at dirt cheap prices.

I am quite sure the results are not likely to be so bad as to cause the WB to drop from RM0.50 to RM0.35 which is a massive 30% off.

I tend to believe that WB will rebound quite significantly once the results are announced. And those who took advantage of the initial panic selling will be selling upwards when the results are announced.

There are many of these smart people in the market place.

This is only my opinion and nothing more.

It is interesting to know who have been the major buyers of Comfort mother shares and WB last few days. These are the people who are likely to benefit from the senseless fall in the prices.

They are steel hearted and they know what they are getting into. Congrats to them!